Right now I'm working a pretty well-payed job earning about 4K after taxes. After food, clothes etc are payed I've got about 3K left. What's the best way to use these money in order to create passive income?
Right now I'm working a pretty well-payed job earning about 4K after taxes. After food, clothes etc are payed I've got about 3K left. What's the best way to use these money in order to create passive income?
I personally put some of my disposable into the stock market. At the moment this has proved some pretty good returns, but there is also a fair risk involved.
That's probably true, but since I don't know much about the stock market and nor do I have time to look into it, I'll drop the stock market for now.
Anymore suggestions?
I am not really that surprised that there are very replies to this post as yet. Sometime ago I asked about investing a sum of money, and found it very difficult to get a solution to what I thought was a fairly simple problem.
Too many broad questions from this poster.
A1 Forum Rules | A1 Usergroup Permisions
--------------------------------------------------------------------------------------
Wholesale and Dropshipping | Web Design | Free Web Hosting
If you're earning enough to get a private bank account (with Natwest/RBS or something I think you need about £75,000 - £100,000 a year before tax to qualify, which you may be earning if you get $4k a month after tax) they may be able to help you with some different investments.
I can't tell you what to do with your money though!!
Are you just putting it in a savings account now?
James.
weren't you looking to make 1k a month from 10 sites a few weeks ago? Why would you do that if you already have 4k coming in? Sorry if I sound a bit sceptical.
Website maintenance.. Website updates everyday!
Money, money, money, it's so funny....![]()
A1 Forum Rules | A1 Usergroup Permisions
--------------------------------------------------------------------------------------
Wholesale and Dropshipping | Web Design | Free Web Hosting