So the title pretty much says it all. How would you invest $20,000. I would like to see at minimum my money back within one years time if not sooner. Preferably $2,000 per month at minimum return. I realize that may be asking a little much but it IS possible. Here are a few ideas that I have. - Buy an established web hosting company. This is right up my alley because I am a web applications developer and I want to offer hosting to my clients. I, of course, need hosting to work on, and my clients need hosting to places their sites on. I have seen a handfull of established companies for sale that claim $20k-$30k (I would have to see the books) a year income for sale for about my price range. The servers are rented so upkeep is outsourced and the overhead is fairly low. A few hundred a month for servers and CC fees. This is very possible, and low maintenance on my part. Or.... I'm coming up with a blank. What would you guys do that can start to turn a profit almost overnight ? It oes not have to be internet based, I'm just looking for ideas and options here.
Sit down and figure out your strengths and weaknesses, you'll learn a lot about yourself and your potentials.
The easiest way to double your money by doing nothing is if you consider buying a property in a country from the former Eastern European block. Within a year your money will at least double, of course if you sell the property after a year time. All the other methods are just work, work, work.
buy +5 established web sites that are currently earning money, make them bigger and use the money to buy/make more sites.
I would invest 5k in stocks and the rest of the 15k in time deposits. Might not earn as much but they are pretty safe bets for a steady stream of income.
Well I agree with NightCrawler , the best way to triple your money within a year or two is to buy properties in Eastern Europe (especially Albania) I am from Albania and many foreign companies are buying lands for as cheap as 5$ meter square It is obvious that you will have a big profit in the near future Personally I have purchased many houses before 7 years in Albania and they are all rented now by others and Im getting around 5-6k $ per month from an initial investment of 30k before 7 years. Its true that the market is not as unsaturated that it was before 7 years and you will need to invest more and get like 3-4k per month but still its a good idea Thanks for your attention
You can also try to find working companies, that are in search of extra investitions for their business. That can give you not very big, but stable profit.
Just with the web hosting idea -- are you sure that you have enough current clientele to make the idea profitable? Web hosting is extremely competitive and you'd have offer very cheap plans to make your service stand out from the rest. Another concern I have is that your web hosting's growth would be limited by the amount of application work you do. I personally can't think up of any ideas at the moment but I'm sure there are plenty of other ways to invest $20K and make a decent return. I really don't think you'd want to divide your attention between two ventures that both require work. My advice is to stick with what you're doing and find an idea that requires very minimal or no work at all. All the best!
That sounds interesting but not something I would want to gamble in at the time. I am also looking for a monthly return and not just tripple my money a few years later, Id like to find a steady flow. time deposits? steady income? please elaborate? At the moment, I do not have enough clientelle to make the idea profitable. However my thought was to buy an established company with an existing customer base. My thinking is the accounts are setup, the income is already flowing, it really is just flip a switch and money starts trickling in. If I did this, I may lay off the development and focus on the hosting, promoting, and how to improve the company.