To some people, $1,000 sounds like a lot of money. To others, it’s not a great deal. But if you are able to get that kind of cash together, you can use it to invest in the stock market and, sometimes, you can make big bucks fast.
Most people think of stocks as a long game – and they usually are. Workers begin squirreling money away in their twenties and thirties, and only really take their winnings in their fifties and sixties.
But do you have to wait twenty to thirty years before you start seeing big profits?
Well, perhaps not. It turns out that there are some quick investments you can make today with as little as $1,000. What’s more, these investments generate returns fast – sometimes within minutes.
Play The Forex Market
Currencies continually go up and down relative to each other, based on news hitting the market. In some cases, the news about a country is good, pushing the currency up. In others, it’s bad, pushing it down.
The goal of a forex trader is to make trades based on predictions of what the price will do next. You can buy and trough and sell at peaks, or you can short the market, placing bets that the price of a currency will go down.
Reading forex reviews can help you learn more about how this type of trading works and the type of profits that are available. Some people wind up making a lot of money.
Trade Crypto
Cryptocurrencies seem risky to most investors. But in order to make money trading them, you don’t have to be serious about the underlying asset. All that you need to know is which way it’s going to go: up or down.
Once you understand how crypto trading works, you can often make a lot of money. There are many exchanges out there, including the likes of Binance and Coinbase that you can use to get started.
Lend To People
Peer-to-peer lending is another big way to turn a small sum of money into a much larger one. A lot of individuals in search of cash don’t want to go to the bank anymore. Instead, they would much prefer to get their money from a private lender – somebody like you, perhaps.
There are now multiple platforms that facilitate these sorts of trades. You simply sign up to them, fill out some forms, and then deposit cash into your funding account. The platform will then pair you with suitable borrowers.
Trade Options
Options trading is also becoming increasingly popular and is available for both stock and forex tradition. Most people switch their options strategies every 15 days or so, but you can play it long or short.
Real Estate Contract Flipping
Lastly, you might want to flip real estate contracts fast. Most investors look for distressed sellers – people who want to get rid of their homes quickly after, say, a divorce. You simply buy the property with a pre-approved loan from the bank and then sell it at the market rate for a higher price.