If you have the guts here, then you should go with the forex.... However, this might causing you to lose all the money in few seconds...lol
$300 cant do much in forex unless you are playing margins. But that is extremely dangerous, you may lose $300 or even far more if you are trading recklessly. It is more akin to gambling and really not worth the risk.
With $300 I would invest into link-building. I would invest all of the $300 into various quality paid web directories.
I would invest in dividend paying stocks or reits. That way i know i get paid as long as they are a solid company for many years to come. Maybe even some trusts that pay monthly. Dividend paying stocks.
i think you should consider forex pm me if you are interested in it i can give you a good suggestion about a good company
As the others suggested its better to buy an already established site.You will get your money back and more,if you find a good deal.
Okay to answer some of your guys questions what kind of return I would be looking for if I bought a website? Maybe 15-25 to start maybe spend a bit on marketing etc. I have no idea what forex is so for everybody who said that I have no clue.