Is it possible to make a few hundred per month with a few thousand?
I only have a few thousand to invest but all I need to make is a few hundred per month. Who knows how to do this in a reasonably and relatively safe way?
2006-09-02T10:23:07Z
Hah, I like that first one: put money in bank, get job - that's rich. Hey how do you think I came up with extra cash to invest, genius?
Adam T2006-09-02T09:36:31Z
Favorite Answer
find your self a real estat investor should be able to double your money in only a few months
Making 10% a month safely is hard, but not impossible; the only real way with the amount of capital you have is open your own business and providing products or services that you acquire inexpensively and selling them for a reasonable markup.
Without active participation there isn't a reasonable relatively safe method to make those kind of returns. 10-15% year on the other hand can be achieved by those criteria regardless of what the investment industry has led us to believe.
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Take your thousands and buy stocks that pay a dividend. Than take that dividend and buy govn't T bills than take the interest from those T bills and buy stocks that pay dividends. Just keep repeating this procedure. Your money will be safe and will grow rapidly you'll be surprised at the results.