Want to know how to invest $1,000 in things that will actually bring back a return? If you are in this situation, you will definitely benefit from the information in this article. Below are tips to help you succeed when investing your $1,000.
- Invest in domain names. Purchase domain names with that $1,000. But invest in them systematically, by taking your time choosing domain names that are worth investing in. The domains you want to focus on are one-word and two-word domain names. These domain names are in huge demand, especially the one-word domains. If you buy a domain name that is good, in most cases you know that it will be worth much more than what you paid for it.
- Invest in tax liens. County and states place real estate tax liens on properties that have delinquent taxes owed. You can pay off these delinquent taxes and, if the owner never pays you back through the government, the county or state will give you first rights at getting the deed to the property. If the original owners do decide to pay you, they will have to pay you interest on top of what they owe you for you paying off their lien.
- Invest in precious metals. A $1,000 investment in precious metals can really grow fast over time. Gold and silver have increased at a rate of 15% in the last ten years, and that rate is widening gradually. This can be a great way to increase the value of your $1,000.
- Purchase interest bonds. Bonds have lowered their yield rates in the past couple of years, but they are still a pretty safe investment. The current yield for most bonds now is between 0.25% and 1.5%.