What makes it so horrible? If you want to be wealthy, there's two concepts you need to master--and you need to do them both. 1. Have your "extra" money make you money. 2. Diversify The last thing you want to be is a one-trick pony. If the OP doesn't have a business yet and is under 55, then yes, I'd get a business going. However, once it's going, you don't want 100% of your profits going back into the business. A percent must be put into other investments. Get into stocks, bonds, and real estate (and always keep a percent of your assets in cash).
Hahah There's nothing wrong with buying one share. Unless you have to file a 13F, we won't know. BTW, buying a few shares in something like Google, Disney, etc is a great way to get your kids involved.
Whatever you did to earn the $3000, do more of that (unless it's really dangerous or illegal ,-) If it's working for you, milk the Sh!t out of it.
that was my ebay business, but its too time consuming and i need something to kinda be able to run on its own per say.
sure stock market is very easy, but it can go either way, up or down. think some unique idea and implement a web project, spend major amount in promotions
I second this idea. To start from scratch, you really need to work hard, but with those 3k$, you can bypass that.
buy an already indexed site and domain that sucks but is atleast a year old. It will help you in the serps alot and isn't nearly as much as a monetized profitable site.
What kind of sites should i be looking for? should i concentrate more on profit per month of uniques per month?
if you go the stock market route, try to diversify as much as possible. Granted this is probably painfully obvious advice, alot of people tend to overlook it from my experiences. Even if you put most of your apples in one basket, it never hurts to have a bit extra tucked away elsewhere. good luck!
you have worked hard to earn that money, Now its right time that that money works hard for you:- put it in a Equity Mutual Fund for at-least 5 years.....all the best
When I first got into Internet business I purchased an established website. You have to make sure you knwo what you are getting into though. However, finding this forum is already a great start. I would recommend an established website to anyone, new or advanced internet marketer. You will learn as you go along and as long as you are willing to continue the effort put into the website that it recieved before it was sold you should feel confident about being able to at least make the return.
Invest in a good stock. You don't have to do anything, and you can double your money or even triple it. The US stock market is doing really good right now, eventually it will dip down.
Buy as many links as possible. That's what I would do. Make sure to use all your targeted keywords for anchor texts as many as possible.
Invest that money in education. Buy books related to investing, making money and so on. No ebooks please.
That is a terrible suggestion... Google's algorithm knows the difference between natural links and purchased links in most cases... A purchased link on a webdirectory for example has alot less value then a few years ago. It's best to diversify the investment. Buy a few links on authority sites, spend the rest on adwords or another PPC program.
thanx for all the info! Im looking at a few established sites and really liking what i see. If theres any entreprenuers who have a site idea or would like to buy a site in a partnership hit me up! always willing to discuss new deals!