What are some good investment opportunities for $5000 or less? ?
I currently have $5000 saved up and would like to invest it in a relatively passive income opportunity. I currently work full time, but am available on weekends if need be. What are some good investment opportunities to consider with this money?
More Questions From This User See All
Answers & Comments
If that's your only savings, some or all needs to be very liquid like a savings account, for an emergency fund.
You cannot get much with that much money. Maybe a professional pressure washer which you combine with your labor to make money. MLMs are scams but they would suck thru every time you give them all the while telling you that you are close to striking it rich. A total lie.
You can also buy a mutual fund. If you do that, you should reinvest dividends, not take cash. $5000 and 500 a month for the next 35 years will probably make you a millionaire. Excluding taxes.