What is the best (preferably ethical) way to develop some residual income, starting with ~$25,000?
March 7th, 2010 | by admin |Or perhaps you have a better investment idea for that amount? Nothing too incredibly risky please, and I know hard work is probably unavoidably necessary.
And please no "Invest it in me" comments. I know that’s probably how I would answer this question… ![]()
If you are looking for money coming in each month, I would suggest investing in some real estate. Either commercial or rental property. Something where you can get a monthly cashflow. But if you are willing to put in the time, I would try trading stocks, futures, bonds, or forex. Which ever you like. It will take a while to learn the ropes, but trading can be a fun way to investing your money and realize gains.
Whatever you decide, you should first invest a lil money and time into learning the paticular avenue that you decide to pursue. I would suggest hiting the library and getting a few books on the subject and if you are trading open up a practice acct and test the waters a little bit.
good luck
9 Responses to “What is the best (preferably ethical) way to develop some residual income, starting with ~$25,000?”
By abehagenston on Mar 7, 2010 | Reply
Find someone with talent and a vision, and invest in them.
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By Simmy on Mar 7, 2010 | Reply
Buy land. Be smart about it.
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By waldanen2002 on Mar 7, 2010 | Reply
You have 25K to invest? Seriously, I have a friend doing a start up (not me) looking for investors. She can send you all the details if you would be interested. Contact me if I am understanding you correctly.
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By REAPER on Mar 7, 2010 | Reply
invest in real estate or hard money lender to businesses.
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By epic1231 on Mar 7, 2010 | Reply
buy property or put it into CD’s where you will gain money on interest and don’t have to worry about it loosing money.
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By chicklet on Mar 7, 2010 | Reply
, GO TO AN INVESTMENT COUNCILOR, THEY CAN LEAD YOU TO THE RIGHT DECISION, ALSO YOUR BANK MIGHT HAVE SOME SUGGESTIONS FOR YOU
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By bigtymerz408 on Mar 7, 2010 | Reply
If you are looking for money coming in each month, I would suggest investing in some real estate. Either commercial or rental property. Something where you can get a monthly cashflow. But if you are willing to put in the time, I would try trading stocks, futures, bonds, or forex. Which ever you like. It will take a while to learn the ropes, but trading can be a fun way to investing your money and realize gains.
Whatever you decide, you should first invest a lil money and time into learning the paticular avenue that you decide to pursue. I would suggest hiting the library and getting a few books on the subject and if you are trading open up a practice acct and test the waters a little bit.
good luck
References :
By hi t on Mar 7, 2010 | Reply
There is an international convention with Quest international. Listen to this overview. They have incredible investments and people have done incredibly well.
Call: 618-355-1600 #1,#2,#3,#6.
Listen to each extension. This company offers incredible investments. I’ll be attending in December to invest as well.
email me at littlepinkdaisy@yahoo.com
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By Andy on Mar 7, 2010 | Reply
Check this out!!!!
You will be glad you did.
BECOME A MILLIONAIRE FAST!!!
http://search.ebay.com/_W0QQsassZtealdialQQhtZ-1
Andy
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