$10,000 to invest FOR FUN

I'll get to the point, I'm more a risk taker. Not stupid, but willing to throw down a good chunk of money if the chances of a higher return are there.

I have very little experience in stock investments, trading, and all of that. I have the option of getting a CD with my bank, earning me a 5% guaranteed return - but this to me is just a waste of time (and extremely boring).

I'm wondering what you would all suggest with $10k or less.

I'm a full-time college student that lives at home for now, with no job. I have time to devote to whatever it may be.

I've heard about buying a large website and growing it... but I'd rather start up a site of my own and market it. I actually already do that, so i'm looking for something different.


Any ideas?

 

Go to Vegas

 

lol, Not old enough.

Wait... Maybe I should start dealing coke...

 

Buy a site making $700/profit per month for $10,000.

After 12 months you've made back 700x12 = $8400 or closer to $10,000 if you did some things to increase revenue. Now you sell it for $10,000 - $15,000 and have $20,000 to $25,000 in just a year.

 

IF I were you and have 10K bucks in pocket then, I'll not waste money for 5% growth. I have done something better http://www.ghoti.ca/2007/01/03/11000-profit-in-my-2nd-month-of-affiliate-marketing/

 

buy an affiliate websites that are currently makeing large sum of money.!

 

I'd suggest WEBHOSTING business.

 

Buy some ongoing business - preferable hosting with clients.
Also, buy some CCC.com & LLL.com domain names. There price is going to go up surely.

 

About all you can do with 10K is loose it with that market. To much overhead, money and human resources...

 

Put in here http://www.emigrantdirect.com

No offence, but at your age and experience level its the best thing you can do. You'll thank me later.

 

I guess my original post went right over your head then. So then, a person's yield can only be proportional to their age? Ha.

I know what you're saying, but a CD's annual yield is pathetic - even if it is safest way. 10 grand isn't that much to me, hence why I'm willing to step out and do something that may seem a little more "risky", but the more I know about other options, the more chance I'll be able to take advantage of the investment.

Throwing your money into a bank investment is just something to do with idle money you won't be using for a year or more. Using applied knowledge of the internet can bring back unthinkable returns

 

What are your hobbies?
What kind of sites would you like to manage?
Can you make your own sites?
Got any ideas for a website?

If you have a good idea for a site then maybe you can use the $10k to advertise it. Even with $1000/month budget you can get alot out of it if you do it right. With right management of the site and advertisement you can get your site up and running quickly for $10k

 

I know plenty of college students with more experience than most 40 year olds. They didn't get to be millionaires (or at least on their way) by putting their money in savings accounts. [Note: I'm going to assume that PoohBear88 has some experience, just not in stock trading.]

Maybe you'd like to do something like http://nothingtoxic.com/ - these video sites can make some good money. Just one idea.

 

Best bet would be to start some content sites on topics that interest you. A blog format would be a great way as then all you have to worry about is fresh content and marketing the site. This will take only a small amount of your money to start up. This will get you real world marketing and business experience, but not give you the risk of loosing your savings.

 

BEST WAY TO INVEST FOR FUN?!

rent an rv and go to burning man
http://www.burningman.com/

great way to invest in a hell of a lot of fun that you will remember forever and cry when you leave.

see ya there.

 

Ummm... Don't you mean you would have done something better?
Thanks for the link to my site though.

 

When you read those articles they never tell you how much they had to spent in advertisement to get those affiliate sales.

 

Actually, I did mention that in my blog post. I spend about one dollar in advertising for each dollar of profit.

I know some other people doing affiliate arbitrage would be disappointed with that kind of ROI, but most of the 'hot' CPA offers are not my cup of tea and what I earn is good enough for me right now.

 

You could try Prosper.com. It's basically a bank with much higher interest rates. You invest money into a fund for person to person loans. You only lose money if the person pulls all their money out of their savings account and goes into hiding.

 

Haha yea, only