If you have at least $1000 and it’s making your pocket itch, consider investing it instead of spending it on something frivolous. but the question that assails us is: can you really earn extra money quickly just by investing $1000?
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The answer to that is a resounding, “Yes.”
While there are plenty of ways to make money quickly doing odd jobs online or making money through things like affiliate marketing or email marketing, making money investing with just $1,000 could be more challenging and, frankly, more risky . . that is, of course, unless you know what you’re doing.
However, all risks aside, even if you live paycheck to paycheck, you may still be able to conjure up an extra $1,000 to put into your investment portfolio if you’re creative.
Before you start investing, there are a few mindset principles you need to adhere to. going beyond the scarcity mentality is crucial. Too many of us live our lives with the idea that there is never enough to go around, that we don’t have enough time, cash flow, connections, or opportunities to grow and live life at a higher level.
That’s just a belief system. think and you will become. If you think you can’t get rich or even earn a hefty amount of additional passive income by investing it in lucrative short-term investment goals, then it’s more of a mindset issue than anything else. You don’t need to invest a lot of money with any of the following strategies to reach your personal financial goals.
Of course, having more money to invest would be ideal. but it is not necessary. As long as you can identify the right strategy that works for you, all you need to do is scale. it’s similar to creating an online offer, identifying the right conversion rate through optimization, and then scaling it. if you know you can invest a dollar and earn two dollars, you will continue to invest a dollar.
start small. try different ways. follow-up and analysis of your results. don’t get so caught up in how you’re going to get terribly rich overnight. That won’t happen but if you can take advantage of one of the following methods to make a little money by investing small, short bursts of capital, then all you have to do is scale, plain and simple. you don’t have to think about it too much.
Related: 13 Easy Investing Apps and Websites for Millennials
how to invest $1000 to earn money fast
If you have $1,000 to invest, there are a number of ways you can make quick money. but there are some methods that trump others. the game here is speed. we are not talking about long-term buy-hold strategies. These are fantastic if you are looking to invest your capital for at least a two to five year period. we’re talking about ways you can make money fast.
Even when it comes to markets that can take time to move or have longer cycles, investments can often turn into concrete gains and quick wins if the right strategies are leveraged. So what is the right investment strategy? insurance, long-term works. real estate and other time-consuming strategies will eventually get you there.
raghee horner of simpler futures says that “long-term interest rates are the next big thing,” while mad money’s jim cramer says that “there are tons of people who are late to trends for nature and adopt a trend after it’s out of style. By getting in and out of long-term investments like that, you’re much more likely to lose your shirt than if you timed your short-term moves at the right time.
It’s not so much about trying to catch the latest trend. It’s not about becoming a webinar guru like Jason Fladlien or Liz Benny, or even building sales funnels or optimizing your conversions. Investing your money is more about paying careful attention to the indicators that can actually move the needle in the short term rather than the long term. it’s also about leveraging and protecting your investments the right way without putting too much risk tolerance on the line.
That doesn’t mean you don’t need a long-term strategy. you definitely do. But if you’re looking to build some momentum and build some capital quickly, in the short term, the following investment tips could help you do just that.
1. play the stock market.
day trading is not for the faint of heart. it takes guts and determination. you need to understand the different market forces at play. this is not something a stock advisor would recommend to amateurs. but, if learned and learned well, it is a way in which you can quickly earn, in a matter of hours, a significant amount of real money with a relatively small investment.
There are also ways to hedge your bets when it comes to playing the stock market. Whether you play the general market or trade penny stocks, be sure to set stop-loss limits to reduce any potential for significant depreciation. Now, if you’re an advanced trader, you probably understand that market makers often move stocks to play on our fear of failure or greed. and will often push an individual stock at a certain price to heighten that fear and play right into their pockets.
When it comes to penny stocks, this is even more exaggerated. therefore, you must understand what you are doing and be able to analyze market forces and make significant gains from asset appreciation. pay attention to the moving averages. Often when stocks break above the 200-day moving averages, there is the potential for a huge upside or a huge downside.
related: what causes stock market crashes? too much testosterone, says science.
2. invest in a course to earn money.
Investing in yourself is one of the best possible investments you can make. While you may not be able to identify an updated return on investment, there is no money better spent. invest in yourself. invest in your education. to learn. fit. growing up. discover what you are passionate about.
There are lots of courses to earn money on the internet. the hard part is choosing the right online course for you. From ebooks to affiliate marketing to search engine optimization and more, the possibilities are endless. While many money making gurus may appear on social media, not all courses are created equal. take the time to do your due diligence and research to choose the one that’s right for you.
Related: Check Cuba’s 3 ‘Smart Money Moves Everyone Should Make’
3. trade commodities.
Trading in commodities like gold and silver presents a unique opportunity, especially when they trade at the low end of their five-year range. metrics like that give a strong indication of where commodities might be headed. Carolyn Boroden of Fibonacci Queen says: “I have long-term support and opportunity in the silver markets because silver is a strong hedge against inflation. Also, commodities like silver are tangible assets that people can hold on to.” “.
The fundamentals of the economy determine the price of raw materials. as supply falls, demand increases and prices rise. any interruption in a supply chain has a severe impact on prices. for example, a livestock health scare can significantly alter prices as shortages are released. however, cattle and meat are only one form of commodity.
metals, energy and agriculture are other types of commodities. To invest, you can use an exchange such as the London Metal Exchange or the Chicago Mercantile Exchange, among many others. Investing in commodities often means investing in futures contracts. Effectively, that is a preset agreement to buy a specific amount at a specific price in the future. These are leveraged contracts, which provide both a big upside and a potential big downside, so be careful.
Related: What Starbucks Teaches About Commodity Marketing
4. trade cryptocurrencies.
Cryptocurrencies are on the rise. while trading them may seem risky, if you hedge your bets here as well, you could limit some consequences of a trade at the wrong time. there are also many platforms for trading cryptocurrencies. But before you dive in, find out. find courses on platforms like udemy, kajabi or teachable. and learn the intricacies of trading things like bitcoin, ether, litecoin, and others.
Although there are more than 3000 cryptocurrencies, only a few are really important today. Find a trade, research trading patterns, look for breakouts of the long-term moving averages, and stay busy trading. you can use exchanges like coinbase, kraken, or cex.io, along with many others, to do the actual trading.
Related: 6 Cryptocurrencies You Need to Know (And None of Them Are Bitcoin)
5. use peer loans.
Peer-to-peer lending is a trendy investment strategy these days. While you may not get rich by investing in a peer-to-peer lending network, you could definitely make some money. What lending platform do you use? Today, there are many to choose from, but the most popular include Loan Club, Peer Shape, and Prosperity.
how does this work? Peer-to-peer lending platforms allow you to give small bursts of capital to businesses or individuals while charging an interest rate on the repayment. you get more money than you would if you put it in a savings account, plus your investment risk is limited because the algorithms are doing much of the hard work for you.
once you identify the offer, you can dig in and do some research; then, you can accept the offer or not. Your risk will be assessed based on a proprietary algorithm that includes credit and employment history, and you’ll be able to decide to invest based on a variety of thoughtful data.
Related: Why Peer-to-Peer Lending Could Be a Good Investment Option
6. trading options.
When it comes to a good investment option, Tom Sosnoff of SaboricoWorks says, “Trade little and often.” What type should I operate? there are a lot of vehicles, like forex and stocks. The best way to make good money investing when it comes to options is to jump in around 15 days before corporate earnings are released. what type should you buy? money calls.
The optimal time to sell those money calls is the day before the company releases its earnings. there is so much excitement and anticipation around winnings that it usually drives the price up, giving you a consistent winner. but do not retain the earnings. That’s a bet you don’t want to make if you’re not an experienced investor, says John Carter of Simpler Trading.
related: two strategies to make money day trading with a little less risk
7. flip real estate contracts.
Making money in real estate may seem like a long-term perspective, but it’s not. There are ways you can take as little as $500 to $1,000 and use the cash investments to flip real estate contracts to make a quick buck. What? Use a system like Kent Clothier’s reww to first understand how the market works. it will then provide you with the data and tools to identify vacant homes, distressed sellers, and cash buyers.
While most people think real estate is earned by remodeling traditional homes and doing the renovations yourself, the fastest money you can make in real estate is by changing the contract itself. it is arbitration. Identify motivated sellers and cash buyers, bring them together and negotiate the deal effectively. It may seem strange at first, but once you get the hang of it, you can become a mini tycoon in the real estate industry just by expanding on this single strategy. It works and is promoted by some of the most successful real estate investors in the world.