What is a good way to invest 1000 dollars?
Good for you sistuh. Now that the market affords you this 50% off sale so to speak, as an investor myself I would buy only stocks that pay dividends. When you buy those stocks and use your dividends to automatically buy more stock, you avoid brokers fees, its automatic so you don't dwell on it, it is dollar cost averaging (which means you buy when it is up or when it is down, but you are always buying and it averages out) , dividends are like free money, you do not pay capitol gains tax until you sell, and stocks historically in the long run out perform the other options. History does have a tendency to repeat itself. I would begin with a mutual fund that invests in dividend paying stocks. American Century has a bunch of funds Fidelity has a bunch Get a long term growth fund with solid dividend paying companies in it. Johnson and Johnson, IBM, McDonalds. Search on Yahoo search engine "dividend paying funds" and don't look back. Buy a stock fund and you are buying a manager that puts your money where you want it. In dividend paying stocks. Like me you won't regret it. I retired at 53 and am enjoying the fruits. Don't buy at the top. Don't sell at the bottom. Slow and steady wins the race. Neither a borrower nor lender be. You can become more aggressive as you learn and become more adept. You go girl.
What could I invest $1,000 dollars into and make a decent profit?
I see that the question can be interpreted two different ways.Can a founder + $1000 make a million dollars in a startup?Yes, while over 95% of small businesses never take outside money, over 50% of the fortune 500 have taken outside money. there are many ways to interpret this. But it is interesting to note that 50% of the Fortune 500 also DID NOT take outside money.So if you focus on a group of people, who have a problem, and you find a solution they are willing to pay for, and there are of them and you are cash flow positive early, then there are lots of companies that have had minimal investment and which have generated more than $1M for the founders/Owners. The key in my mind is staying focused on the cashflow positive part of the equation.The other way to interpret this question is:Is it possible to passively invest in startups and make $1000 turn in $1M?Possible… Possible…. I suppose it is Possible… But highly unlikely.Startup investments are:Not liquid, so it is hard to get out of them.Slow to mature … Something like 9 to 12 years until you get a return on your average startup.Highly risky, so 70% of them will not return the investment that you made.The normal way to defend against this risks is either to be a Founder and have a lot of control over the startup, Or to diversify across many many companies. One thousand dollars is not significant enough to diversify. It is not enough to drive a change for most companies.It is much more likely that in 12 years, you could turn $1000 into $1M via a food booth at a Saturday market , than you can get that same thing to happen via a startup investment.(40 weekends / year * $10/customer * 400 customers * 50% margin * 12 years ) = $960K
What would you do with 1000 dollars?
I am not too good with English. I hope you will understand the little point I am about to make.Asking what you’ll do with a thousand dollars could really mean so many things. Which is:It is either you were broke but end up working very hard to earn that amount.Maybe you cultivated a habit of saving the money left after your daily expenditure.Maybe that beautiful amount of money was misplaced by the owner and then you pick it up without knowing who misplaced the currency.Maybe the money was given to you as a tip for a job/services well renderedWhich ever way you got the money doesn’t matter. What matters the most is how you will put that money to good use.Here are the few ways you could use that amount of money.You can start forex trading with that amount. You can start trading with about $100-$200.Invest in your brain. You can also use that money to better yourself by getting yourself books to read. Most of the problems we face today has its solution in so many books. Which is another reason why you should keep reading more books.Show some love to the less privileged no matter how little. They have nothing to give back to you but to show their gratification accompanied with a beautiful smile. This little gesture can really go a long way by lifting your mood no matter how you feel. Especially if the $1000 does not belong to you, that is another way you could give back to the society.Sometimes we need to show our body how much we cherish it. You can do that by awarding yourself with a wonderful treat. Is there a gadget with a price tag under $1000 that you admired so much? If there is, I think this is the perfect time to reward yourself by buying it.In reference to a comment below, you can also invest in bitcoin.
How fast can i turn my 1000 dollars into 5000 dollars?
There are two schools of thought regarding putting it all into one stock... you have to consider the fact that any stock can turn around on you and you can potentially lose big. That said, if you diversify with such a small dollar amount, broker fees will eat your profit margins up real quick. Your average online stock broker charges anywhere between $5 and $10 per trade - when you buy and when you sell the stock - so if you split your $1000 up into 10 different $100 positions, you are down 10-20% right off the bat on every single trade in commissions alone. Your best bet is to probably save a little more then go in with a few thousand, split up into 500-1000 lots so if you win it will be a semi meaningful amount of money. If you're looking for ideas and feedback on what stocks to trade and where, I would highly recommend going to www.GreenRoomStocks.com - they have a great community of stock traders and investors that exchange ideas in their chat room, the guys who run the site post stock picks daily with clear cut entry and exit points and explanations as to why they were selected. They also do market commentary nightly, and do a great weekly newsletter and video reviews on the weekends. I highly recommend checking it out. I hope this helped, best of luck to you!
Should I invest 1000 dollars in a startup through microventures?
Not enough information to accurately answer the question, but in general, if you have to ask on Quora, the answer is no.What information is needed in order to accurately answer? First of all, what is $1,000 to you? If it is basically play money—you can spend it on dining in fancy restaurants, taking a trip or investing it through microventures, then sure, go ahead. I don’t know anything about microventures but if it money you have to waste, that’s as good a place as any.Is the $1,000 all you have, with the exception of the money to pay this month’s bills, or is it the money that should pay this month’s bills? Then absolutely not. That $1,000 belongs in the bank. Most people need to have 3–6 months living expenses in the bank before they start to think of investing.Is this investing money—moeny you’ve put aside to grow for the futures? Then you need to look at the risks, and the possible rewards.. YOu need to consider the expertise needed to invest in that asset class and whether you have that expertise. A few years ago “everyone” was getting rich with P2P lending. Things have changed, and here is why I’m not investing any more Why I Will No Longer Invest Via Lending Club How many of those things are true about microventures? Why do you think you’ll succeed?
What can I do to multiply 1000 dollars?
First of all, $1000 is not really all that much money. Not when you are looking at the big things in life, like homes, cars, and starting a business. BUT! Do not get discouraged. The very fact that you are asking that question here bodes well for you. I would suggest investing your money in something, rather then "lending it out." You are right, without any mechanism to ensure that you get paid back, you will not get paid back. One more thing. Advice is only worth what you pay for it, and this advice is free. Make what you will of it. A few rules that will serve you well in investing money. 1. Never invest in something that you do not understand. If you are not sure how the investment works, ask questions until you do know how it works. 2. If someone is pushing you to invest in something it is not for your benefit, it is for theirs. (there are exceptions to this rule, parents for example.) A lot of financial advisers get a commission for selling you investments. DO not believe them. 3. Unless you are putting your money in a bank that is FDIC insured, there is a chance that you can lose your money. NEVER believe anyone that says it is a sure thing. OK, now to the investments, and where you could put your money to double it. ING direct and Emigrant Direct are internet only banks that pay out really great rates on their savings accounts. Put your money in them. They are both FDIC insured. And, leave it there. You will double your money soon enough. Another option would be to put your money into a mutual fund. But, since most of them require around $3000 to start a fund, you are not really in a position to do that. CDs from your local savings bank are a good deal as well, but a CD will tie up your money for a designated period of time. Probably not too good if you are looking to start up a business sometime soon. Now, starting a business. Your boyfriend is 100% correct. When starting a business, use other peoples money as much as you can. That does not absolve you of the requirement to pony up some of your own money though. I find it difficult to believe that you or your boyfriend know of any investors that would be willing to 100% finance your start up business. Recommend that for the time being, you get your money into a bank account that pays out a decent amount of interest. That is probably your best bet.
How should I invest $300 to make $1000 in a month?
The truth is you will not turn $300 into $1000 in one month. Checkout the 'Rule of 72' is a simplified way to determine how long an investment will take to double, given a fixed annual rate of interest. By dividing 72 by the annual rate of return, investors can get a rough estimate of how many years it will take for the initial investment to duplicate itself. Go to your local bank and talk to a investment person it free. You can also start an online business. One of the great way to make money is online. The internet gives you access to a global market. You won’t make money overnight. With training you will make money. I attend a lot of guru webinars the information they share is very valuable. They will try and sell you a product. Most of those get rich quick product will leave you broke and frustrated. Affiliate marketing is free to start . Companies pay affiliates to promote their products or services. For a small hosting fee you can start a blog or and online store. The two most important parts of making money online is list building and getting traffic. Join my free list to learn how to build Discover the Secrets To Success At List Recon! The young man who teaches this course built his 416 member list in 56 days by using only free traffic. You can get more traffic at Cash In On BannersI wish you a positive outcome.e of 72