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I have 3 grands to invest. Any ideas ?

Discussion in 'Making Money' started by Pokemat, Aug 13, 2014.

  1. Pokemat

    Pokemat Newbie

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    After being the slave of a company for almost 1 year I need to go back to my first love -> on steroids IM ;) So I saved 3 grands and wonder what would be the best way to invest them. Also if someone here would like to start a JV feel free to PM me :)
     
  2. Nut-Nights

    Nut-Nights Jr. VIP Jr. VIP

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    you can invest in bing and google adwords ppc.
     
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  3. ardley216

    ardley216 Elite Member

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    Invest in something you KNOW. And if you learn IM, invest, not the other way round.

    You can loose a lot of money quickly in IM if you have no idea what you are doing.
     
  4. 2spoons

    2spoons Regular Member Premium Member

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    Good on you for actually having a budget to work with. Most people want to make $1k per day with zero budget! Check out what Becker says about starting out with a few hundred dollars. I'll find the link and post it shortly
     
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  5. generalrahman

    generalrahman BANNED BANNED

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    You can also invest in yourself, learn SEO or something from some doing good himself on that field
     
  6. xmaker1

    xmaker1 Newbie

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    Blow or herb. Herb moves faster and 3k is enough to get a real start out. Blow can be cooked or cut for insane profits though 3k is a low buy-in and the money attracts a less savory crowd. Ice is a better option but moves more slowly. If you can keep yourself out of your profits the sky's the limits... But in general I would put it in physical stock and have someone else worry about the marketing.
     
  7. lord1027

    lord1027 Elite Member

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    I accept donations.
     
  8. GringoMonkey

    GringoMonkey Regular Member

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    Hi,

    There are really 2 things you can invest in online.

    1. Skills for yourself.
    2. Building a business.

    You haven't actually said what you want to do.

    So the first thing to do is decide which path you want to go down.

    1. Furthering your knowledge with the money - in which case decide which skills you want to learn.
    2. Building a business- in which case what skills do you currently have that you could use to build a business. Therefore what can you not do that you will need the money to pay for.
     
  9. GoTRooT

    GoTRooT Jr. VIP Jr. VIP

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    Build a PBN, you could build a nice one.
     
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  10. CyberAlien

    CyberAlien Regular Member

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    Is there anything you're already familiar with online? Anything you decide to do is going to have somewhat of a learning curve. Providing more information would help others provide you with more accurate advice ;)
     
  11. Rifts

    Rifts Newbie

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    I'm having this 'problem' too, getting money from IM and SEO but don't really know what to do with the extra money. The first option is to reinvest the money to my websites and services but these kind of business are not really scalable in size (not number).
     
  12. marcothebest91

    marcothebest91 Regular Member

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    The fact that you don't know where to invest means that you aren't ready to do it. Keep reading and learning, until you find a method to start with.
     
  13. freddy09ca

    freddy09ca Newbie

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    PM me and you can JV in one of my projects
     
  14. Rifts

    Rifts Newbie

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    How about you PM me for the details, that would be easier
     
  15. Pokemat

    Pokemat Newbie

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    thanks for your input! Actually you're Right I didn't specified what I wanted to do.
    I will be graduated from a 5 years degree in finance in a couple of months and just finished an internship in a financial department of a big company... So I think I'm ready to run my own business, I actually have a killer idea (something that could be as successfull as fiverr) but require either 30K to develop the site, either to add a developer as cofounder... So for the moment I just want to create a passive income that could help me living while i'm working on bigger project...
     
  16. Chicilikit

    Chicilikit Senior Member

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    I would read some stuff about PBN and bought few really strong domains with such money.
     
  17. Rifts

    Rifts Newbie

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    You might want to try publishing apps/games to App Store or Play Store. If you can't create app/game like me, hire a developer from sites like odesk. Or buy ios/android games source codes from chupamobile and reskin them, this one is cheaper.

    Other than apps & games, you can also publish ebook on Kindle store. Hire a writer to write 3000-5000 words (about $30-$50). There's a lot of kindle publishing journey on BHW.

    Both apps and ebook publishing are good for generating easy passive income nowadays
     
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  18. Mark Developer

    Mark Developer Newbie

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    If your project is not much more advanced than Fiverr developing it would cost 10 times less than what you said. $30K for most web projects (especially ones like Fiverr and other service related ones) seems to be waste of money.
     
  19. ahiddenman

    ahiddenman Elite Member

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    Stick to something you know as said above.

    However if you want to try something new then make sure you do full research before deploying a campaign, a mentor works good for this.

    I remember when I started out in IM, I was doing well with Facebook PPC ads banking around £1k per day for around 11 months solid never saved more than 5k per month because of the lifestyle I had at 18 years old, but when it did come to investing I delved into another advertising method that did involve bing ads and I lost a cool £7k in under 2 days - because of the unfamiliarity with this type of advertising and little research.

    So be wise, when you make money don't spend it all on cocaine and partying and make sure you study something well before you go into it at full whack.
     
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    Last edited: Aug 13, 2014
  20. srb888

    srb888 Elite Member

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    Whatever you do, don't buy those stupid money-making ebooks from WF...