Help with investing $3000

[I-c-da$]

I currently have about $3000 on hand and I am wondering in what I can invest this into.

[meaghannf]

Hmm, that's a little bit like saying, "I have $100, what should I buy?" There are nearly endless possibilities.

You could play it safe and put it into a mutual fund which invests everyone's money into a wide variety of stocks, making it a fairly risk-free way to increase your money; you could buy some more risky stocks on your own; you could start a business; or you could invest the money in someone else's business (and there are a number of ways to do this as well).

To start with, are you looking for a really risky investment (i.e. if you lose all this money will you be in big trouble? - it's always better to think, when thinking risky and before making a decision, how important that money is to you. While risky is often associated with big pay-off, it's still good to remember it's more likely you'll lose it all). Do you want something safe? How long term do you plan on investing this money?

Okay, that was a lot of questions (and probably not much in the way of answers) but hopefully answering those will help direct your investment.

[MASapparel]

What sort of return are you looking for?

[Silverion]

There are many ways to invest $3000. I you want to multiply fast the money you can do it a an online casino. I´ll tell you an strategy. On roulette, spin the wheel until you see 5 or 6 times the same color. Then bet on the opposite color of the one which came out 5 or 6 consecutive times. If you loose, double your bet, if you win repeat the process (if you loose again double again). By the way, considering you have over $3000 I recommend you to bet with a starting bet of $50. Only win $100 per day every 2nd day to avoid getting attention. That way you will have won $1500 in one month or %50 your money. Ah and very important, every so many times there is something which I call "The Biggy" which is a consecutive amount of numbers of the same color for 10 or more spins usually between 10-15 spins. If you keep doubling during "The Biggy" you will probably loose all your money because you won´t be able to double endlesly. To avoid loosing to a "Biggy" win between 10 and 15 times using the method I told you above. After that, spin the wheel without betting until "the Biggy" appears. After that you know you are safe for the moment and you should be able to spin safely for another 10 wins at least. Just make sure if the 5 same color numbers don´t appear after a real long while, "the Biggy" increases its chances of appearing so be wise. Well thats one way.

Another way to invest your money, would be to become a clickbank affiliate and find a product you really think rocks. Its not a hard thing. I personally am promoting a product called "Run your Car on Water" which is an e-book that explains how for less than $150 (e-book price included) you can transform your gas running car into a water running car (partially) and save hundreds of dollars per month by doubling your mileage replacing part of the used gas with simple tapwater. This also helps the environment because you burn less fuel and as you can tell it also helps your wallet. But thats just one of thousands of products.

And last but not least (in this post) you find a group of people who are interested in the same topic you are (online). You e-mail them weekly and and give them valuable information on your topic of interest and after 2 months or so you introduce them to a product sold at clickbank that helps with doing whatever is your topic better. A large percentage of your list buys the product because they trust you (not that you would end up being unreliable to them) and you recieve thousands of dollars worth on affiliate commisions in your next clickbank check! Added to the fact that you become more trusted as long as the prouct your reccomended to them is a good one. And you can repeat this process for many products and people.
I hope this information is helpful to you.

By the way, I don´t have $3000 so if any of the strategies I told you work for you, I would apreciate it if you could donate some money to me. Good Luck

[hugh009]

Take it from a 34 year serial entrepreneur - invest it in YOURSELF! That means getting a business of your own going if you don't already have one.

If you have one then consider investing in your education as you can NEVER go wring with that appraoch. Books, courses, work shops, etc.

Also consider putting it aside as we head into a RECESSION - and that might my best advice!

Hugh

[ChadFraz]

we're not in a recession, only the threat of one which is only happenning because the media won't shut their mouths

[bostonbrian]

as we head into a RECESSION

we're not in a recession, only the threat of one

Head into and being in one are two very different things, but all in all, saving it is a very good idea.

[jhig INC]

Not being a finical advisor but Visa just came out with an IPO in the past week. They are saying that is going to nothing but go up. I purchased a hundred shares of it and within two weeks has risen up $20. Which made me a profit of 2,000, with the market being shaky it is a risk but one that would pay off. Depending on how soon you needed the money.