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$10,000 to invest FOR FUN

Discussion in 'General Business' started by PoohBear88, Jan 19, 2007.

  1. #1
    I'll get to the point, I'm more a risk taker. Not stupid, but willing to throw down a good chunk of money if the chances of a higher return are there.

    I have very little experience in stock investments, trading, and all of that. I have the option of getting a CD with my bank, earning me a 5% guaranteed return - but this to me is just a waste of time (and extremely boring).

    I'm wondering what you would all suggest with $10k or less.

    I'm a full-time college student that lives at home for now, with no job. I have time to devote to whatever it may be.

    I've heard about buying a large website and growing it... but I'd rather start up a site of my own and market it. I actually already do that, so i'm looking for something different.
    SEMrush

    Any ideas?
     
    PoohBear88, Jan 19, 2007 IP
    SEMrush
  2. fryman

    fryman Kiss my rep

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    #2
    Go to Vegas
     
    fryman, Jan 19, 2007 IP
  3. PoohBear88

    PoohBear88 Active Member

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    #3
    lol, Not old enough.

    Wait... Maybe I should start dealing coke...


    ;)
     
    PoohBear88, Jan 19, 2007 IP
  4. JakeJeck

    JakeJeck Peon

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    #4
    Buy a site making $700/profit per month for $10,000.

    After 12 months you've made back 700x12 = $8400 or closer to $10,000 if you did some things to increase revenue. Now you sell it for $10,000 - $15,000 and have $20,000 to $25,000 in just a year.
     
    JakeJeck, Jan 19, 2007 IP
  5. Mr_Kumar

    Mr_Kumar Notable Member

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    #5
    Mr_Kumar, Jan 19, 2007 IP
  6. toby

    toby Notable Member

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    #6
    buy an affiliate websites that are currently makeing large sum of money.!
     
    toby, Jan 19, 2007 IP
  7. Markwebuk

    Markwebuk Well-Known Member

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    #7
    I'd suggest WEBHOSTING business. :)
     
    Markwebuk, Jan 19, 2007 IP
  8. sukantab

    sukantab Well-Known Member

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    #8
    Buy some ongoing business - preferable hosting with clients.
    Also, buy some CCC.com & LLL.com domain names. There price is going to go up surely.
     
    sukantab, Jan 19, 2007 IP
  9. ServerUnion

    ServerUnion Peon

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    #9
    About all you can do with 10K is loose it with that market. To much overhead, money and human resources...
     
    ServerUnion, Jan 19, 2007 IP
    Mr_Kumar likes this.
  10. SonicReducer

    SonicReducer Peon

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    #10
    Put in here http://www.emigrantdirect.com

    No offence, but at your age and experience level its the best thing you can do. You'll thank me later.
     
    SonicReducer, Jan 19, 2007 IP
  11. PoohBear88

    PoohBear88 Active Member

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    #11
    I guess my original post went right over your head then. So then, a person's yield can only be proportional to their age? Ha.

    I know what you're saying, but a CD's annual yield is pathetic - even if it is safest way. 10 grand isn't that much to me, hence why I'm willing to step out and do something that may seem a little more "risky", but the more I know about other options, the more chance I'll be able to take advantage of the investment.

    Throwing your money into a bank investment is just something to do with idle money you won't be using for a year or more. Using applied knowledge of the internet can bring back unthinkable returns :)
     
    PoohBear88, Jan 19, 2007 IP
  12. netpox

    netpox Active Member

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    #12
    What are your hobbies?
    What kind of sites would you like to manage?
    Can you make your own sites?
    Got any ideas for a website?

    If you have a good idea for a site then maybe you can use the $10k to advertise it. Even with $1000/month budget you can get alot out of it if you do it right. With right management of the site and advertisement you can get your site up and running quickly for $10k
     
    netpox, Jan 19, 2007 IP
  13. MTbiker

    MTbiker Well-Known Member

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    #13
    I know plenty of college students with more experience than most 40 year olds. They didn't get to be millionaires (or at least on their way) by putting their money in savings accounts. [Note: I'm going to assume that PoohBear88 has some experience, just not in stock trading.]

    Maybe you'd like to do something like http://nothingtoxic.com/ - these video sites can make some good money. Just one idea.
     
    MTbiker, Jan 19, 2007 IP
  14. ServerUnion

    ServerUnion Peon

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    #14
    Best bet would be to start some content sites on topics that interest you. A blog format would be a great way as then all you have to worry about is fresh content and marketing the site. This will take only a small amount of your money to start up. This will get you real world marketing and business experience, but not give you the risk of loosing your savings.
     
    ServerUnion, Jan 19, 2007 IP
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  15. opioq

    opioq Banned

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    #15
    BEST WAY TO INVEST FOR FUN?!

    rent an rv and go to burning man
    http://www.burningman.com/

    great way to invest in a hell of a lot of fun that you will remember forever and cry when you leave.

    see ya there.
     
    opioq, Jan 19, 2007 IP
  16. ghoti

    ghoti Peon

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    #16
    ghoti, Jan 19, 2007 IP
  17. ServerUnion

    ServerUnion Peon

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    #17
    When you read those articles they never tell you how much they had to spent in advertisement to get those affiliate sales.
     
    ServerUnion, Jan 19, 2007 IP
  18. ghoti

    ghoti Peon

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    #18
    Actually, I did mention that in my blog post. I spend about one dollar in advertising for each dollar of profit.

    I know some other people doing affiliate arbitrage would be disappointed with that kind of ROI, but most of the 'hot' CPA offers are not my cup of tea and what I earn is good enough for me right now.
     
    ghoti, Jan 19, 2007 IP
  19. AvarianParakeet

    AvarianParakeet Peon

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    #19
    You could try Prosper.com. It's basically a bank with much higher interest rates. You invest money into a fund for person to person loans. You only lose money if the person pulls all their money out of their savings account and goes into hiding.
     
    AvarianParakeet, Jan 19, 2007 IP
  20. Austars

    Austars Active Member

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    #20
    Haha yea, only :rolleyes:;)
     
    Austars, Jan 19, 2007 IP