Peer to Peer Lending
If you prefer fixed-income investments over equities, peer-to-peer lending offers you the opportunity to earn interest rates well above average. P2P websites bring lenders and borrowers together to create an environment that excludes banks and their high interest rates and restrictions.
This often results in more flexible loan terms for borrowers and significantly higher interest rates for investors.
Investing in websites on a peer-to-peer basis involves some risk, but if your interest rates are high enough, you have the opportunity to hedge these risks and exceed traditional fixed income investments.
Personally for me one of the best investments. But nowadays $10,000 won’t be enough to get your first real estate deal financed. But there are two ways you can solve this problem:
One way to do it through real estate investment trusts (REITs). These investments have several advantages over owning property outright like less time consumption and risk.
There are many of REITs to choose from out and its pretty simple to get started.
The other way is to borrow money privately from friends and family, to be able to afford you first real estate deal. With $20,000 down you should be able to afford your first $100,000 real estate deal.
Starting your own business
Starting your own business can be a Cashflow machine. It is very simply to start your own business nowadays with just a few thousand dollars, for example in the internet.
In addition, when you invest money in a given investment, you do so with the idea that your investment will bring in more money in the future. But when you have a business, it can provide you with income for the rest of your life. It is more valuable than any other investment you can make.
Here you have an example:
It stands for Fulfillment by Amazon. Amazon manages for you the storing of the products as well as the selling. You just need to pay a fee for using their service.