Advice: I have $5K - What to do?

Discussion in 'General Chat' started by bestpr, Oct 5, 2007.

  1. #1
    hi - I have $5K dollars and want to invest in something that will give good return in a yr.

    Pls. suggest your techniques.

    Thanks!
     
    bestpr, Oct 5, 2007 IP
  2. KingofKings

    KingofKings Banned

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    #2
    Build a site, and market it heavily.
     
    KingofKings, Oct 5, 2007 IP
  3. bacanze

    bacanze Peon

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    #3
    Agreed, focus on one, or mabe two big quality site, spend the money on good content and promotion.
     
    bacanze, Oct 5, 2007 IP
  4. hugzzz

    hugzzz Peon

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    #4
    Gamble ! :)
     
    hugzzz, Oct 5, 2007 IP
  5. bestpr

    bestpr Banned

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    #5
    How about something besides website?
    Like in a bank or cd?

    or anything else pls.
     
    bestpr, Oct 5, 2007 IP
  6. rknuppel

    rknuppel Well-Known Member

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    #6
    Spend it on marketing a website to bring in HUGE traffic... Make sure the site is ready and monetized properly first.
     
    rknuppel, Oct 5, 2007 IP
  7. leandar

    leandar Well-Known Member

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    #7
    i don't agree to invest money , invest brain ... ideas
     
    leandar, Oct 5, 2007 IP
  8. sama3l.

    sama3l. Banned

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    #8
    put it in a saver account or buy shares :)
     
    sama3l., Oct 5, 2007 IP
  9. SlickR

    SlickR Active Member

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    #9
    You could lock them in bank for 5 years. The average increase on $5k over 5 years i believe is 1.20 by year. so per year you could be earning 1000 per year. Though you can't take them back in less than 5 years! Though basicly in 5 years you will double them, which isn't actually much.

    Or you can invest in a website. Use the money to have a profesional website developer build you a quality, SEO optimized site with backlinks. Use some more money to market it and hope it starts generating high earnings!
     
    SlickR, Oct 5, 2007 IP
  10. bestpr

    bestpr Banned

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    #10
    Can you pls. give me more details or links pls.?
     
    bestpr, Oct 5, 2007 IP
  11. SlickR

    SlickR Active Member

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    #11
    I'm not sure you can find anything about that on the internet, though you can go to your closest local bank and ask for details!
    Cheers!
     
    SlickR, Oct 5, 2007 IP
  12. Ramin321

    Ramin321 Peon

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    #12
    give it to me! seriously, buy shares in a football club.
     
    Ramin321, Oct 5, 2007 IP
  13. 8everything

    8everything Peon

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    #13
    Buy an already established site , update it, "renovate it" and then resell it for much more after making a good amount of revenue in return ;)
     
    8everything, Oct 5, 2007 IP
  14. bestpr

    bestpr Banned

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    #14
    I have been doing this already so far doing very good.
    I have $5K extra that I want to play with to generate more.
     
    bestpr, Oct 5, 2007 IP
  15. FreelanceFirm

    FreelanceFirm Banned

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    #15
    Donate me few $$$
    You will get blessings from god ;)
     
    FreelanceFirm, Oct 5, 2007 IP
  16. 8everything

    8everything Peon

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    #16
    Why not keep doing what you're good at? Unless you're willing to take 5k to "play around" with other methods of revenue earning?
     
    8everything, Oct 5, 2007 IP
  17. admin@suckered.us

    admin@suckered.us Banned

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    #17
    Taking this a step further here.


    Build a UNIQUE site, and market it heavily.
     
    admin@suckered.us, Oct 5, 2007 IP
  18. 8everything

    8everything Peon

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    #18


    Or build something so unique that you don't need to market it, it can just market itself via viral marketing ;)
     
    8everything, Oct 5, 2007 IP
  19. admin@suckered.us

    admin@suckered.us Banned

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    #19
    Indeed :) Think long and hard on something everyone would want to see but hasn't yet seen.. . Don't limit yourself to one niche nor one age bracket.
     
    admin@suckered.us, Oct 5, 2007 IP
  20. 8everything

    8everything Peon

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    #20
    Lol, with 5k I think you can just hire someone to come up with an idea :p sometimes just formulating the idea is much much harder than producing it!
     
    8everything, Oct 5, 2007 IP