If you’re sitting on at least $1000 and it’s scratching an itch in your pocket, consider investing it rather than spending it on something frivolous. But the question that then beckons us is, can you really make money investing with just a $1000? Can you do it quickly?
The answer to that is a resounding “yes.”
While there are plenty of ways you can make money fast by performing services or generating it through things like affiliate marketing or email marketing, actually making money by investing with just $1000 might present more challenges, and frankly, more risks. That is, of course, unless you know what you’re doing.
However, all risks aside, even if you’re living paycheck-to-paycheck while dealing with fatigue and exhaustion, like much of the country is, you can still likely conjure up $1000 to put towards an investment.
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 out sales funnels or optimizing your conversions. Investing your money is more about paying careful attention to indicators that can really move the needle in the short term as opposed to the longer term. It’s also about leveraging and hedging your investments the right way without putting too much risk on the line.
That doesn’t mean that you don’t need a long-term strategy. You definitely do. But if you’re looking to create some momentum and generate some capital quickly, in the near-term, then the following investment strategies might help you do just that.
1. Play the stock market.
Day trading is not for the faint of heart. It takes grit and determination. It takes understanding the different market forces at play. This isn’t something intended for amateurs. But, if learned, and learned well, it is a way where you can quickly — within the span of hours — make a significant amount of 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 you trade penny stocks, ensure that you set stop-loss limits to cut any potential for significant depreciations. Now, if you’re an advanced trader, you likely understand that market makers often move stocks to play into either our fear of failure or our greed. And they’ll often push a stock down to a certain price to enhance that fear and play right into their pockets.
2. Invest in a money-making course.
There are loads of money-making courses on the internet. The hard part is choosing the right one. While many of the gurus might follow you around on social media platforms like Facebook, not all courses from all gurus are created alike. Spend the time doing the due diligence and research to choose the best one that’s right for you.
However, investing in yourself is one of the best possible investments you can make. While you might not be able to pinpoint an actualized return on investment, there’s no money that’s better spent. Invest in yourself. Invest in your education. Learn. Adapt. Grow. And discover what you’re passionate about.
When it comes to picking up a money making course, there are plenty you can invest in. From ebooks to social media marketing, search engine optimization and beyond, the choices and the possibilities are endless
6. Trade options.
When it comes to options, Tom Sosnoff at Tastyworks says, “trade small and trade often.” What type should you trade? There are loads of vehicles like FOREX and stocks. The best way to make money by investing when it comes to options is to jump in at 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’s just so much excitement and anticipation around earnings that it typically drives up the price, giving you a consistent winner. But don’t hold through the earnings. That’s a crapshoot and a gamble you don’t want to take if you’re not a seasoned investor, says John Carter from Simpler Trading.