How to invest $5000 per month

marly

marly

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Let's say you have a decent cashflow of $5000 per month. What would be the best way or ways to invest it or use it to make the most out of it?

If your not that experienced with this or got no clue.. maybe you just have some cool ideas to do or get out of life, tips, tricks, or just something plain awesome with $5000 a month. :D:cool:
 
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Following this thread! Im also very interessted
 
I'd invest into lead-gen sites, source leads in my niche, and convert them accordingly.

One of the many things I'd do (and presently do).
 
Paid ads 100%. Find a winning product and campaign and you could be on to growing your $5000 exponentially.
 
Great ideas so far!!!!!!
 
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- Save at least 20k for bad times
...you will wonder how many guys on BHW earned so much money, but ended up broke again, because some spent all of it or wasted it on bad ad campaigns etc. Do yourself a favor and safe cash first.

- Invest in yourself (read books, travel, meet interesting people)
...in general thats very underrated in my opinion.
 
Invest this money in property and make a passive income. Or invest this money in such type of businness in which you have experience. If you are a risky guy buy bitcoins and wait for an income
 
Put it all in $VTSAX, or individual stocks if you know how to properly value a company.

Or head to /r/wallstreetbets and YOLO on some $SPY options.
 
nakamura said:
- Save at least 20k for bad times
...you will wonder how many guys on BHW earned so much money, but ended up broke again, because some spent all of it or wasted it on bad ad campaigns etc. Do yourself a favor and safe cash first.

- Invest in yourself (read books, travel, meet interesting people)
...in general thats very underrated in my opinion.
Click to expand...
thats a valid point in my opinion
 
you will wonder how many guys on BHW earned so much money, but ended up broke again, because some spent all of it or wasted it on bad ad campaigns etc. Do yourself a favor and safe cash first.

- Invest in yourself (read books, travel, meet interesting people)
...in general thats very underrated in my opinion.


Great opinion
 
While it is very important to "invest in yourself" and read books you also have to actually take action. I have been in this business since 1998 (yes I am old) and I have started and sold hundreds if not thousands of websites and I have many people who I get emails from every time I list a website still looking to buy and they never bought a site. There is this one lady who I got and email from a while back so I went back through my old emails and she had emailed me about 38 different websites I had listed going back 9 years. So I email and ask her if she had every bought a site and she said no but she had been looking for a while......9 years that is how long. Sometimes you have to stop reading and making plans and actually get to work and do something.

With that said I would say Facebook and social media paid ads are the way to go right now. I started out about two and a half years ago running paid ads on FB by using a method I was already using on another platform and I started with $4k. Last year I made $1.3m from adsense using paid ads so there is money to be made there if you have the right idea and concept.
 
DixieMarketing said:
While it is very important to "invest in yourself" and read books you also have to actually take action. I have been in this business since 1998 (yes I am old) and I have started and sold hundreds if not thousands of websites and I have many people who I get emails from every time I list a website still looking to buy and they never bought a site. There is this one lady who I got and email from a while back so I went back through my old emails and she had emailed me about 38 different websites I had listed going back 9 years. So I email and ask her if she had every bought a site and she said no but she had been looking for a while......9 years that is how long. Sometimes you have to stop reading and making plans and actually get to work and do something.
Click to expand...

This... as well.

I've been making websites for the past four years (I was a kid on Piczo, though, if anyone remembers), in addition to being a full-time freelancer.
Although I was making websites throughout my online career, applying methods and experimenting, I think I was a bit scared to truly invest (either time or money) into IM. I learned a lot, gosh, and at some point... it all starts connecting. The progress I've made in the past 6 months or so is much much greater than what I've done in years.

You just gotta dive in at some point.
 
DixieMarketing said:
While it is very important to "invest in yourself" and read books you also have to actually take action. I have been in this business since 1998 (yes I am old) and I have started and sold hundreds if not thousands of websites and I have many people who I get emails from every time I list a website still looking to buy and they never bought a site. There is this one lady who I got and email from a while back so I went back through my old emails and she had emailed me about 38 different websites I had listed going back 9 years. So I email and ask her if she had every bought a site and she said no but she had been looking for a while......9 years that is how long. Sometimes you have to stop reading and making plans and actually get to work and do something.

With that said I would say Facebook and social media paid ads are the way to go right now. I started out about two and a half years ago running paid ads on FB by using a method I was already using on another platform and I started with $4k. Last year I made $1.3m from adsense using paid ads so there is money to be made there if you have the right idea and concept.
Click to expand...
Great job! I sent you a DM.
 
UninvitedSoul said:
This... as well.

I've been making websites for the past four years (I was a kid on Piczo, though, if anyone remembers), in addition to being a full-time freelancer.
Although I was making websites throughout my online career, applying methods and experimenting, I think I was a bit scared to truly invest (either time or money) into IM. I learned a lot, gosh, and at some point... it all starts connecting. The progress I've made in the past 6 months or so is much much greater than what I've done in years.

You just gotta dive in at some point.
Click to expand...
You found anything that works for you yet?
 
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