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Where to invest $200?

Discussion in 'General Business' started by dolomoney, Apr 24, 2011.

  1. #1
    I want to invest this $200 the best way I can. I was thinking of maybe buying a site already making money and just go from there. Someone plz help a noob out? :confused: I want to make a monthly residual income. If you think there is another way I should invest it or if u have a joint venture that you think could make us alot of $$ then leave your thoughts.
     
    dolomoney, Apr 24, 2011 IP
  2. cool_78

    cool_78 Guest

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    #2
    I'd suggest you use that money to buy a site that's already earning. But make sure to double check everything from the sites owner that it's already generating income.
     
    cool_78, Apr 24, 2011 IP
  3. dolomoney

    dolomoney Peon

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    #3
    Thats most likely what ill do but for $200 the site wont be making much. And Im not good at SEO or anything like that...
     
    dolomoney, Apr 24, 2011 IP
  4. quangcaoy

    quangcaoy Peon

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    #4
    Hi,

    I currently have a website project to share video and audio, need to invest
    If you are interested can contact Y! M: singapo_vn

    TKS
     
    quangcaoy, Apr 24, 2011 IP
  5. w3bmaster

    w3bmaster Notable Member

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    #5
    Buy some books read and lear stuff ... and get skills ...
     
    w3bmaster, Apr 24, 2011 IP
  6. ForgottenCreature

    ForgottenCreature Notable Member

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    #6
    Buy a site that's already making money - or make your own, hire people to write content, and go from there.
     
    ForgottenCreature, Apr 24, 2011 IP
  7. aproxaday

    aproxaday Member

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    #7
    Honestly, nowadays $200 can get you far. I'd start a new site if I were you.
    domain- $10
    hosting- $10/month max
    outsourced web design-$40-80 for something pretty simple
    outsource content- $20
    spend the rest on Ads and SEO services.
     
    aproxaday, Apr 24, 2011 IP
  8. EvanP

    EvanP Banned

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    #8
    $200 is actually more than enough for what you need. As explained above, those are your finances. Now, all you need to work on is getting traffic to your site, everything else will take care of itself. Not so hard now, is it?
     
    EvanP, Apr 24, 2011 IP
  9. xerocube

    xerocube Peon

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    #9
    Buy demand keyword and flip it for pure profit,i heard godaddy selling domain for 1$ .This is total grand oppurtunity
     
    xerocube, Apr 24, 2011 IP
  10. BuyGifts.com

    BuyGifts.com Greenhorn

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    #10
    I would come up with a game plan and let the progress of that plan guide you. Buy a good domain and zero in on a niche or something that you're passionate about. There are things along the way that you'll need the money for. They are always things that come out of nowhere that you didn't expect so I would save it until those things be known. While in the process of building, learn this SEO stuff! Even with established sites, not being good at SEO is going to kill you in the end.

    I hope this helps a bit. Good luck!
     
    BuyGifts.com, Apr 24, 2011 IP
  11. dphazz

    dphazz Peon

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    #11
    That sum is enough only if you exactly know what you should do. If not, than it's the same thing as buy lottery.
     
    dphazz, Apr 24, 2011 IP
  12. Laychoo

    Laychoo Guest

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    #12
    Spot on dphazz! $200 is just $200, neither here nor there. Best to use it for some self education, maybe traffic generation or website building.
     
    Laychoo, Apr 25, 2011 IP
  13. dolomoney

    dolomoney Peon

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    #13
    What would you suggest for a noob to do with it?
     
    dolomoney, Apr 25, 2011 IP
  14. dolomoney

    dolomoney Peon

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    #14
    bump...any more suggestions?
     
    dolomoney, Apr 27, 2011 IP
  15. wptheme

    wptheme Well-Known Member

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    #15
    get a mentor who can teach you to earn more money?
     
    wptheme, Apr 27, 2011 IP
  16. Laychoo

    Laychoo Guest

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    #16
    Good suggestion, get a mentor who can teach you to make money but select your mentor wisely ... John Thornhill he is my latest mentor
     
    Laychoo, Apr 27, 2011 IP
  17. Taktical

    Taktical Greenhorn

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    #17
    You dont need money. You need skill and hard work
     
    Taktical, Apr 27, 2011 IP
  18. Laychoo

    Laychoo Guest

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    #18
    You need money for everything ... but in the online business, you will not need a lot to get started.
    You need to invest in a computer ... ~ $800
    You need to invest in a modem ... ~ $60
    You need to get invest in broadband or internet connection ... $50 monthly
    You need to invest in autoresponder ~ $20 monthly
    You need to invest in softwares to automate or assist in your tasks at hand, mentors to teach you the skills you need and etc
    These beat starting off line businesses anytime and every time, which is why I love the online business. Each domain is a new business for me and require very little capital to start making money, including making money while I sleep.
    ..... and yes, most important you need skill and hard work @Taktical
     
    Laychoo, Apr 27, 2011 IP
  19. MasterWeb

    MasterWeb Active Member

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    #19
    Take a short classes of something useful
     
    MasterWeb, Apr 27, 2011 IP