Where Can I invest money to start making profits???? HELPP!!!! PLEASE READ!!!plz!!?
Im a 19 Year old and i have gotten some money and the town i live in is doubling in population in about 4 years. I have about 3,000$ to invest into something, but i want to invest it into something i can afford and making profit off. And also im in college and have a part-time job. If there are small business owners here, can you please give me some suggestions, or ideas i can work with, because i want to start young and learn and achieve the "American Dream" Thanks for your consideration, and i need guidence on some entrepunerships. -Mike
Public Comments
- Mike ... I like your drive and I like your passion ... Check out my profile and also the web site ... You have a great opportunity being young and being in college for this business offer to be a great success for you. Don't hesitate to IM, e-mail or call me if you have any questions as the American Dream is possible
- I am physically handicapped and the amount of work that I'm able to do it any one time is limited. I started purchasing Antares candy/pop machines on eBay for about $500 each. These machines must be placed inside business offices, auto repair shops, manufacturing shops, courthouse, tire store and so on. Places where people must sit and wait are the best. If they are sitting and waiting they are looking and they will buy something. I started with three machines this summer and by October had seven machines producing income. I just purchased eight machines in November and have placed two machines this week and will place two more next week. I purchase all my candy/chip supplies at Sam's Club they have the correct packaging. I watch for sales at the major grocery stores for pop. Do not by too much diet at any one time as it goes flat within two months. The amount of profit is about 50 percent of the cost of goods which is better than four percent on most bank certificate of deposits. I estimate conservatively at $10 profit per machine that way I am not disappointed. I have three machines that are 100 a week Gross sales producers. From this must be removed the cost of goods, mileage, depreciation of your car, maintenance on car and so on which are tax deductions. Excellent records are a must. Good luck. You may write me at. Puppets48744@yahoo.com P.S. this company has their own advertising strategy that I have altered to maximize my benefit not theirs. I print my own labels on my computer and place them on the front of their advertising that they supply at a minimal cost. By removing their automatic return card on the back of the advertising the customer is left with just your sticker , they will then call you. This keeps the company from sending out their favorite son and getting the account that you spend time trying to secure. Most of the times when you purchase the use machine they have advertising material they give you.
- try teamin up with someone
- Invest a tiny fraction of your 3K in this rave-of-the-moment wholesaler/dropshipper: http://www.2jump2.com/x.php?4kl Start selling ANYTHING on eBay! You'll be amazed at the cheap but quality products at your disposal and the ease with which customers will buy from you.
- Go to http://www.score.org/ to find the nearest SCORE chapter. Contact them to arrange for a free one on one meeting with a SCORE counselor. SCORE is a nonprofit organization. They provide a public service by offering small business advice and training. . SCORE's 10,500 volunteers have more than 600 business skills. Volunteers share their wisdom and lessons learned in business. The volunteers are working/retired business owners, executives and corporate leaders.
- The best program to make income fast is http://tinyurl.com/ylkczs if you don't have the money for that program yet then you should learn to invest. virtualstockexchange.com is a FREE site where you can practice real stocks with imaginary money. When you get the hang of it: Sharebuilder.com is the best place for you to start if you want to do stocks. Many mutual funds can accept monthly investment plans, and some will allow you to start with as little as $50. If you pick a basic mutual fund, you're probably as safe there as anywhere. It won't be a world-beater, but it will be a great place to start until you build up your dollars.
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