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Can i start a business with $1000? where can i invest it? |
I'm a college student 21yrs old and i would like to stop reliyng on my parents too much and also help them. Also paying college is getting harder. Ebay is very competitive and to make matters worse, you have people that have no business sense trying to undercut you all the time. I sold electronics on ebay for a while, but for all the effort i put in, it wasnt really worth it for me. For a 300 dollar item sold, i made about 15 dollars profit after ebay fees, paypal fees and all that. I started with 3000 dollars and was grossing about 9,000 per month in sales...of that 9,000 maybe 500 was profit. I once did the math and figured for all my time i was putting into it, i was making about 7 dollars per hour so i didnt do that for very long. Hi friend.Investing in stock market is really a good idea we can good Return arfter investing.But we cannot predicate the futures in stock.So please gather the details before starting to inveast in any stock.If you are first time investor it would be better if you go to the broker office.... sure!!!! You can try investing in stocks. I'd check out Jim Cramer's Mad Money on CNBC and read his books. He make investing interesting and attempts to educate new and young investors. with a $1000 you can start your very own ebay store. very low cost start-up, work form home from the internet. good luck/ You need at least $2,000.00 |
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