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How would you invest $1000 for passive income?

by yitbarek
15 replies
Hello Warriors,

I want to invest $1000 for passive income at least $5000 monthly income after 6 month and to grow.
Where should i invest to make 5000 in the next 6 or8 month?
adsense? amazon? cpa? or what?


Thank you
#income #invest #passive
  • Profile picture of the author talfighel
    I would find a program that pays you high commissions like on Clickbank. That program also needs to pay you some sort of a residual income.

    Then I would take that $1,000 and invest it in ads. Just make sure that you are tracking your results.
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    • Profile picture of the author yitbarek
      Originally Posted by talfighel View Post

      I would find a program that pays you high commissions like on Clickbank. That program also needs to pay you some sort of a residual income.

      Then I would take that $1,000 and invest it in ads. Just make sure that you are tracking your results.
      I cant register for clickbank account from where i live. I am interested for hiring poeple to do the work for me.

      Thank you.
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  • Profile picture of the author joseph7384
    What about photo retouching and hand made cloths!
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    • Profile picture of the author yitbarek
      Originally Posted by joseph7384 View Post

      What about photo retouching and hand made cloths!
      I am not doing photo retouching right now, only selling handmade clothes, but it has some difficulties selling it, the problem is the people who made the clothes takes a lot of time to deliver and i have to check and control if its made on time or not, this and customer support takes most of the time, i want to hire someone who can handle customer support and order p processing, and i need more money to do that. That is one reason i am investing 1000$ the other thing is creating multiple streams of income. And i want to be active on this forum and spend more time online doing research and other things.


      Thanks
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  • Profile picture of the author Alexa Smith
    Banned
    Originally Posted by yitbarek View Post

    Where should i invest to make 5000 in the next 6 or8 month?
    In acquiring education, knowledge and skills.

    (If you need money for that. And having money does help some people to do that, certainly.)

    Those are the real sources of online income (and it's almost never "passive").

    It's not "what activities you do, online" that determines your income and profits: it's what knowledge and skills you have, and whether you can be in the top 2-3 percentiles of all the people doing them.

    You asked about AdSense and Amazon and CPA, for example. What all three of those things have in common is that 97-98% of the people who try them won't make that $5,000 profit, and maybe 2-3% of them will. It's not about whether it's "AdSense" or "Amazon" or "CPA". That doesn't matter. It's about who the people are, and what education, knowledge and skills they have. That's what determines the outcome.

    You need to understand this before you spend any of that money.

    .
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    • Profile picture of the author yitbarek
      Originally Posted by Alexa Smith View Post

      In acquiring education, knowledge and skills.

      (If you need money for that. And having money does help some people to do that, certainly.)

      Those are the real sources of online income (and it's almost never "passive").

      It's not "what activities you do, online" that determines your income and profits: it's what knowledge and skills you have, and whether you can be in the top 2-3 percentiles of all the people doing them.

      You asked about AdSense and Amazon and CPA, for example. What all three of those things have in common is that 97-98% of the people who try them won't make that $5,000 profit, and maybe 2-3% of them will. It's not about whether it's "AdSense" or "Amazon" or "CPA". That doesn't matter. It's about who the people are, and what education, knowledge and skills they have. That's what determines the outcome.

      You need to understand this before you spend any of that money.

      .
      Thank you!
      And where did i get those knowledge and skills fast? Mentors? forums?
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  • Profile picture of the author Chris-
    I advise only spending money AFTER you have a method that works reliably for YOU. Investing in anything more than domain and hosting, before that point is a bad idea, except for maybe a few inexpensive IM courses (or better, get on the War Room).

    It is very easy to spend a lot of money on expensive courses and mentor who promise a lot, without you actually ending up with anything that works for you.

    From the options you mentioned, I'd recommend Amazon affiliate methods as the most reliable way of making a good return on investment, if you write good product reports . . . there's plenty of info on how to do that (I wrote on one thread yesterday, giving all you need to know about selecting which products to write about). It's not difficult, just needs a bit of learning and testing.

    Hope that helps

    Chris
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  • Profile picture of the author himanuzo
    If you want to invest $1,000 for a passive income $5,000 monthly, I suggest you to choose MLM (network marketing) business model. This way definitely needs effort in 6 - 12 months to get the good result.
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  • Profile picture of the author JagSEO
    Go to Flippa and buy website there. That's one way and the other is hardwork.
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  • Profile picture of the author Esteban Gomez
    I would invest in learning about traffic generation in a course like Traffic Masters Academy that teaches you how to master traffic sources like FB PPC, YouTube, Solo Ads, Blogging, Banner Ads, etc.

    After this I would invest about the $700 that are left into getting leadpages (squeeze page software) and an autoresponder. (where you collect emails)

    Then I would invest the rest of the money in paid ads with the traffic source that you like the most.

    Once you start building a list, focus on creating a relationship with them and then promote a product related to your niche.

    Don't go spending your $1000 in traffic without educating yourself first because you are going to waste your money.

    P.S. If you where looking for a get rich quick scheme that turns your $1000 into $5000 monthly passive income where you don't have to work I'm sorry to tell you some bad news... This doesn't exist.

    To get to a monthly 5k income you are going to have to learn a variety of skills and focus on being consistent in building your business.

    Hope this helps
    Esteban
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  • Profile picture of the author Daniel Szalok
    - find very low competition keywords (there's a fantastic service for that here on WF): $35
    - write or buy high quality articles (with different word count, at least 1500-2000 words for your main keyword, the rest of the articles can be 6-800 words): $0 or $100-$150
    - buy a domain ($2), choose hosting ($5/month)
    - install Wordpress and find a free theme: $0
    - add the longest article and 7-8 shorter articles
    - add some adsense ads
    - wait

    Total cost: less than $200

    If this works, just create a new site, then another, then another, and so on. You can sell the sites for 10 x monthly revenue on Flippa, this way you get money to finance new sites.
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    • Profile picture of the author Manannan
      There are many affiliate programs you can sign up for. Pick a good product then spend the money on advertising.
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    • Profile picture of the author Inzy
      Originally Posted by Daniel Szalok View Post

      - find very low competition keywords (there's a fantastic service for that here on WF): $35
      - write or buy high quality articles (with different word count, at least 1500-2000 words for your main keyword, the rest of the articles can be 6-800 words): $0 or $100-$150
      - buy a domain ($2), choose hosting ($5/month)
      - install Wordpress and find a free theme: $0
      - add the longest article and 7-8 shorter articles
      - add some adsense ads
      - wait

      Total cost: less than $200

      If this works, just create a new site, then another, then another, and so on. You can sell the sites for 10 x monthly revenue on Flippa, this way you get money to finance new sites.
      Nice and in budget too .
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  • Profile picture of the author JohnnyPlan
    If anyone here has that answer as to how to turn $1000 into $5000 a month, they wouldn't bother sharing it or else that idea would be overrun with imitators and would be's very quickly.
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  • Profile picture of the author JensSteyaert
    The only way i can see that happen is to promote a very high converting recurring commission product.

    You spend $1000 promoting it, and you try to break even (even a small loss is fine) and you reinvest the money you made. Over a period of 6 months the commissions will accumulate to a $5000 / month income.

    Just do very good research about the product you are about to promote and more importantly, where and how to promote it bc it's very easy to blow your $1000 in the process.
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