How to triple a $3000 investment?

23 replies
If you had $3000 and you absolutely have to get a triple return, what's the best way to invest it? How would you use that money to build a list and promote affiliate products?
#investment #triple
  • Profile picture of the author Ontealdon
    There's not a certain way to do that, but you can do PPC marketing with it and it is a great way to build a list/sell a product of yours/do affiliate marketing.
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  • Profile picture of the author Hannak
    I'd advise you to look for a mentor to train you on an area of interest you have so as to make an informed decision and investment. If care is not taken, you may end buying products and products, spending the whole money and having nothing to show for it. Get trained.
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  • Profile picture of the author tecHead
    Go shopping for a SUCCESSFUL vendor with a hot product that will accept a capital infusion... the rest is Business 101
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  • Profile picture of the author littledan
    It all depends how active you want to be. If you are looking to triple your money via a business there is no guarantee and so many variable factors that could speed up or slow down you progress. If you are talking about doing this through a business only you may be dismissing many of the best opportunities.

    Consider simply buying $3000 worth of silver, which is incredibly undervalued at the moment, and just sit and wait. A conservative estimate for the price of silver is anywhere from a 500% - 2000% increase by the end of the decade. If you don't need an on going income from your $3000 in the meantime that is definitely what I would do.
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  • Profile picture of the author markgaperl
    Best way would be to find a mentor who can point you in the right direction. Doing it all by yourself could be time consuming and you will end up losing all the money. On top of that you will get frustrated and will quit.

    The right mentor can help you get started quickly without much investment. I suggest you spend time on picking the right mentor.
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  • Profile picture of the author markgaperl
    Here is thread about mentors...

    I challenge you to MENTOR a warrior in need...
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  • Profile picture of the author miklanderson2
    There are no absolutes in Internet marketing and even the best-laid plans sometimes end in disaster. Tripling a $3,000 investment won't be an easy task, especially for someone new to world of Internet Marketing.

    Now, having got that off my chest, if I personally needed to take $3,000 and triple it, I would find a hungry market, create a handful of T-shirt designs and upload them to Teespring. I would then market them on Facebook and test each shirt with small amounts of money until I found the right combination of T-shirt and targeting to get the sales rolling in. I would then gradually increase the daily spend until I'd exhausted my budget and had hopefully made the money I needed. If not, I'd request a payout from Teespring and keep plugging away until I did.

    Just out of curiosity, how fast are you looking to flip that $3K into $12K? I don't want to burst your bubble, but it's going to be tough to do in a short period of time. Long-term, it may be possible, but you're going to have to be really careful what you spend your money on.
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    "A bargain is something you don’t need at a price you can’t resist."
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  • Profile picture of the author JensSteyaert
    The best chances of succeeding in this is to build a list, and set up a profitable funnel.

    If you can do that and you are willing to test out your funnel, find quality traffic sources, do research and keep data, there's no reason your shouldn't succeed.

    PS: Try promoting recurring income affiliate products and profit for months / years.
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  • Profile picture of the author salegurus
    What a @#$@ question...
    Do you really think you are going to get a legit magic method to triple your money?
    You might as-well go to the nearest casino and bet on red, at least there your chances are
    about 50/50.....
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    • Profile picture of the author image89
      If you have that kind of money to invest, may I suggest trying to sell high priced items such as cars on ebay. You probably may already know this, but many people are selling new and used cars, trucks and motorcycles in the ebay motors section. If you are not familiar with selling cars, try studying the section for a couple of weeks until you are familiar with what are hot sellers. Then study what you need to know in order to have some knowledge of selling cars.

      The amount that you can make for each sale of a used or new car, truck or motorcycle can be hundreds or more (minus the ebay fees).

      And you do not have to worry about traffic, because ebay can give you all of the traffic that you will ever need to sell your vehicle.

      I do not personally sell cars, but I know that selling cars is something that will never get over saturated.

      So selling cars can in the long haul make you a lot more than $9,000, if done correctly.

      Good luck
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  • Profile picture of the author fraxool
    Create a product and build a list ! The key of the success is here, in my opinion .

    You can also register to the War Room. There are a lot of free ebooks that explain some gold things there ;-) .
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  • Profile picture of the author aire
    Don't listen to "gurus" who tell you to invest money on IM products or building a list.
    Put this money toward building a BUSINESS that you start off online but make it INDEPENDENT from IM niche.

    I like the idea about buying silver but i recommend gold.

    Do not spend money on wso and one on one coaching,they will waste your time , money and energy.

    Good luck
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    • Profile picture of the author littledan
      Originally Posted by aire View Post

      Don't listen to "gurus" who tell you to invest money on IM products or building a list.
      Put this money toward building a BUSINESS that you start off online but make it INDEPENDENT from IM niche.

      I like the idea about buying silver but i recommend gold.

      Do not spend money on wso and one on one coaching,they will waste your time , money and energy.

      Good luck
      Actually I do like gold a lot too, but I assume the questioner was looking for the fastest way to triple their money. I think silver has more upside than gold, but is more volatile. I personally would evenly split the $3,000 three ways, into email marketing, gold and silver.

      You get to potentially build a great business asset and hedge it with real wealth away from the business. A more cautious approach than a simple triple your money as fast as possible, but that's the way I like it
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  • Profile picture of the author trustedmarketer
    Great post! I tried everything from coaching programs to CPA, PPC, Website Creation to taking surveys. I will be honest and tell you that I failed in all of those and tripled my losses in the process. Thank God for 2014 when I started making my losses back thanks to a solid business model that works. So be careful with coaching programs and products that simply drain our minds and pockets.
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  • Profile picture of the author fotoclasses
    If I had $3,000 I would invest in building out an online course around some topic I would teach on and offer it for free to build my email list. The course itself would contain some affiliate links and I could send valuable content and some affiliate offers to the email list down the road. I might put the course on a popular site with lots of traffic like Udemy to start building up my brand.
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  • Profile picture of the author Alex Blades
    How to triple a $3000 investment?
    Invest in crack cocaine, just don't get caught by the police or some dude named Bubba will make an investment in your anus.
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  • Profile picture of the author Joseph Villanueva
    Any investment can be multiplied many times over if you have a proper system setup, low ticket affiliate at front end and high ticket at back end promoting in your custom sales funnel while building a list. You not only get to multiply your investment but you can have a long term passive income if you do this properly.

    I would recommend grabbing a mentor who has proven track record or income proofs and student testimonials.

    This saves you time from making mistakes and speeds up your return on investments.

    Joe
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  • Profile picture of the author gabibeowulf
    Do what you did to get the 3 grand 3 times more. Something worked for you... Do it again instead of searching for the perfect investment with guaranteed results.
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  • Profile picture of the author sasuke120
    Do ppc. Use bing ads to promote affiliate offers.Limit your budget at first until you find out which campaigns work for you and then scale up
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  • Profile picture of the author Caitlinz
    Choose a product to promote, build an authority site around the product. Collect emails and monetize your traffic and subscribers. You can make it 5 times your investment within few months if you do it right. PPC is another good way if you know the tricks of the trade. Otherwise you might lose money very fast in PPC.
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    • Profile picture of the author WilliamVillagran
      Honestly I would probably buy products to resell on Amazon. If you don't at least triple your return you will at least double it. Also you could get a coach that will teach you how to make money online the correct way.
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