Hello everyone, I hope you guys are doing great. I have around 300$ which I want to invest. Can you guys give me any advice/idea on where should I invest this money to get a steady income of say 60-100$ per month ? Thanks a lot.
There is no legitimate way to "invest" $300 and return 1/3 of that amount each month. Invest implies a passive exercise.
Maybe invest is not the right word. Call it whatever you want to call but I hope you've got my point , right ?
If your point is that you want to give someone $300 and get a return of $100 every month without having to do anything else, I get your point. I just do not believe it is possible to get that return legitimately. I'm sure there are those who will claim they can do it, though.
lol i don't think there is a way to build a passive income with just investement and nothing esle , it needs some work to do so , the problem is not how your budget is big but what is the business plan you gonna apply to reach your goal .
If someone knows how to turn a $300 investment into income of $60-100 per month, they will not likely share their secret with you, especially on a forum. If someone offers to help you do this, be very, very suspicious. The best way to double your money fast is to fold it in half and put it back in your pocket.
Try to find and buy some profitable website for sale. It will give you some monthly returns. But you need lot of research before buying the right website project!
Even if you buy a profitable website that's on sale... I am sure it won't be for only $300, even if it does still you need to do a lot of work to make that profit out of it
Thanks a lot everybody for replying. I am probably not able to convey my point. I was asking for some ideas where I could invest/spend or whatever the money I have right now and earn around 60-100$ per month with a little bit of work on my part. Like buying a website maybe and spend around an hour or two per week on updating and get around 60$ per month via Adsense or anything.
Not trying to throw a wet blanket on this, but I think we (those who have replied) do get your point. You want to put a small amount of money and a very small amount of work into something and get a huge return. ($60/month from a $300 investment is more than a 200% ROI over a year.) Let's scale this a bit: Is it realistic to put a one-time $3000 into something and get $600 back month after month? No. Anybody selling a website that makes that much will want much more money. No different for "only" $300. You have to either put in much more time and effort or, frankly, much more money.
Buy books with that money to educate yourself. Knowledge stimulates success. Knowledge cures poverty. Knowledge makes you rich spiritually, mentally and economically. Knowledge gives you the best return on investment only when applied though..... Look at any successful person and ask them how many books they've read, how much knowledge they've sought to acquire. Chances are that they are still actively engaged in the forever quest for more knowledge.
If you were looking for long term investment i would say something like medical grade helium, or silver... if you want to make money fast i would say "work your ass off"... not really any other way to do it without risk
The truth is it'll be almost impossible to make a stead $100/month from an investment of $300. I've spent countless hours on this and researched this. The only real way to make $$ is to educate yourself and get a proper job. I'm not saying you can't make money online but it get more difficult every single day as technology rate quadruples every 6 months. Best of luck..!
You want to invest $300 and want $60 per month, that stands around 20% return per month... Best Of Luck
We offer him invest in our company and offering him $50 per month but he refuse to share his details seems like a playboy.
$300--- gives u $60/mo.... Hmm.. So if I chip in $3000.... I should get $600/mo... Maybe I should chip in..$30,000....... Return will be $6000/mo...( I am quitting my job...and retiring...) Just kidding... You need to invest more money to create a steady income..and first few times, you will loose money in learning process..
A little general for your question, there are many investment fields such as: currency market, gold, stock, website,.. If i had $300 like you, I would invest: $30 to register 1 year hosting, maybe waiting to Flack Friday for much more cheaper price. $10 for a domain $20 for content creation $40 for SEO service Yes, total I have spent $100 to build an affiliate money website to promote other people's stuff. It takes about 2 month to start seeing the first sales rolling in the pocket.