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22 Year Old making $2500 a month

by BJ14789
17 replies
I am making a good amount of money in today's economy at my age and things can change at any moment. I have some money saved to invest can anyone help me out with finding another source of income
#$2500 #making #month #year
  • Profile picture of the author discrat
    Originally Posted by BJ14789 View Post

    I am making a good amount of money in today's economy at my age and things can change at any moment. I have some money saved to invest can anyone help me out with finding another source of income
    First of all, I would expand some more and continue building on what you have NOW. There will be ample time to develop more streams of income especially at your Age.


    - Robert Andrew
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  • Profile picture of the author danieldesai
    If you want to know where to invest your money, here's a good answer I gave a while back:

    http://www.warriorforum.com/main-int...l#post10577398

    Just replace $40K with $2500/month and you'll see what I mean.

    Regards,
    Daniel
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    • Profile picture of the author sunshne721
      That's great that you're making a good amount of money each month! This is just my suggestion, but maybe you can reinvest some your money into buying bitgold or using revshare websites. Gold is increasing in value all the time and some of the more popular revshare sites really give you a nice ROI.
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  • Profile picture of the author Randall Magwood
    Learn all about marketing before you invest into anything. Have a plan..... write out a daily marketing plan that includes heavy paid advertising, and follow it everyday. In the meantime, learn as much you can about making money online, and consider sites like Fiverr, ebay, clickbank, or even freelancing.
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  • Profile picture of the author DRP
    Originally Posted by BJ14789 View Post

    I am making a good amount of money in today's economy at my age and things can change at any moment. I have some money saved to invest can anyone help me out with finding another source of income
    Don't take any advice that you get here, with one notable exception here, and don't solicit financial advice from a bunch of strangers on a forum. Be smarter than the average bear.
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    I'd rather tell you an ugly truth than a pretty lie.
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    • Profile picture of the author BJ14789
      Originally Posted by DRP View Post

      Don't take any advice that you get here, with one notable exception here, and don't solicit financial advice from a bunch of strangers on a forum. Be smarter than the average bear.
      Thank you... Gotta keep that one in the memory bank for the future
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  • Profile picture of the author EPoltrack77
    Why not scale what you are doing to 5 grand per month say within a certain time frame. Always give yourself a cutoff!
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  • Profile picture of the author johnben1444
    You didn't mention if the income you are making is internet based
    or from the brick and mortar world.

    You also didn't tell us what you are doing.

    Maybe you may want to invest in real estate and build up other businesses.
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    • Profile picture of the author DRP
      Originally Posted by EPoltrack77 View Post

      Why not scale what you are doing to 5 grand per month say within a certain time frame.
      Originally Posted by sunshne721 View Post

      Maybe you can reinvest some your money into buying bitgold or using revshare websites. Gold is increasing in value all the time and some of the more popular revshare sites really give you a nice ROI.
      Originally Posted by danieldesai View Post

      If you want to know where to invest your money, here's a good answer I gave a while back.
      Originally Posted by johnben1444 View Post

      Maybe you may want to invest in real estate and build up other businesses.
      Terrible terrible advice from people who don't know what they're talking about. Once again, I will reiterate to the OP: DO NOT SOLICIT FINANCIAL ADVICE FROM STRANGERS ON A FORUM!

      And do not, for the love of life, listen to any of the above advice...or any of the other "suggestions" that will be coming your way after this.

      Remember, a noob and their money are soon parted. And Fools...Noobs and Fools.
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      I'd rather tell you an ugly truth than a pretty lie.
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      • Profile picture of the author danieldesai
        Originally Posted by DRP View Post

        Terrible terrible advice from people who don't know what they're talking about.
        I'm trying to figure out how telling someone to not seek investment advice from a forum is terrible advice.

        I quite plainly stated, "I don't think you should ask people on this forum where to invest $40K... that's for you to figure out."

        Daniel
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      • Profile picture of the author Lucian Lada
        Originally Posted by DRP View Post

        Terrible terrible advice from people who don't know what they're talking about. Once again, I will reiterate to the OP: DO NOT SOLICIT FINANCIAL ADVICE FROM STRANGERS ON A FORUM!

        And do not, for the love of life, listen to any of the above advice...or any of the other "suggestions" that will be coming your way after this.

        Remember, a noob and their money are soon parted. And Fools...Noobs and Fools.
        Why is "do more of what you're doing since it's working and make more money" bad advice? I'm referring here to EPoltrack77's advice. I don't know if he has an agenda or not, but that seems to be common sense advice.
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        • Profile picture of the author Sven300
          Despite the opinion of those who say that we should not seek the advice of foreigners on a forum, I'll give you a good investment advice.

          The optimal way to invest depends on several factors:

          1) Your financial and personal goals
          2) Your age
          3) Your marital or family status
          4) Your knowledge
          5) Your skills
          6) Your risk tolerance
          7) The time and energy you are willing to spend on your investment
          8) The general economic situation (and I do not think the timing is good now)
          9) etc.

          Your investment strategy must be highly personalized and situational. There is no strategy that is good for everyone. There is no strategy that is good at any time.

          Each of the advice given by others in this thread could be valid:

          you could invest...

          in real estate,
          in the stock market,
          in a business.
          in the precious metals,
          etc.

          But it would be valid only if it is consistent with your personal situation and if the timing is right to invest.

          I hope this will help.
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  • Profile picture of the author loedown
    Personally if it were me at your age, I'd scale what I was doing and then just read the heck out of Udemy courses. Investing in yourself is the best ROI you can ask for.
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  • Profile picture of the author Eagle07
    Originally Posted by BJ14789 View Post

    I am making a good amount of money in today's economy at my age and things can change at any moment. I have some money saved to invest can anyone help me out with finding another source of income
    Buy Gold and Silver. It is a good insurance when the economy will collapse. You can always trade it back to dollars... especially when price of gold will go up
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  • Profile picture of the author healthydietnlife
    If it is what you are asking for, I bet you don't put all the eggs in a single basket. Just do an experimental stuff and see for result, thereafter grow it slowly and gradually. But, invest it in field you are more qualified. Good luck.
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  • Profile picture of the author alopicatso
    you're good, i only hope equal half as you!
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  • Profile picture of the author Popche
    A forum is a risky place to ask for something like this friend, each one of us have a different level of understatement, do proper research and you will find it.
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