Like the title says I’m looking for advice. I’m 21 years old I’ve been homeless twice in my life and I’m sick of working a profit-less grind. I recently had an insane stroke of luck and came into more money than I’ve personally ever had, $5,000. I’ve done a lot of reading and research and now I just want suggestions for something with any decent return with my current price. A lot of what I’ve read about are 100k+ investments. Since I have a small amount I need ideas for something attainable at my level. I do understand that smaller investments yield smaller returns I’m just trying to get the ball rolling. Thank you for reading and any suggestions you might have.

Also in case this comes across like I’m trying to get rich quick with no work I want to say that is not the case at all. My grandfather was a small businessman right up till the end. I understand the amount of work and time you have to put into being an entrepreneur. I’d very much rather put in strenuous work and make a difference and a good living on my own then work to make a millionaire richer.

  • TheKosherMadness@alien.topB
    link
    fedilink
    English
    arrow-up
    1
    ·
    1 year ago
    1. Learn a trade/skill.
    2. Be an apprentice. Learn from someone who is running a business successfully.
    3. Then, start your venture.

    Starting a business as a novice is just a quick way of losing your money. Remember, only 1% of all new ventures survive the first 2 years.