How to Invest 1,000 Dollars (and Double It!)
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So you have $1,000 and you want to turn it into more. Congratulations! You are already ahead of over 60% of people who couldn’t even come up with that amount in an emergency.
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Depending on your skills, tolerance for risk, and timeline there are all kinds of ways to invest 1,000 dollars and turn it a lot more.
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If you put $1,000 in the stock market, and it returned 8%, in 9 years you would double your investment.
Double Your Investment With Time
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You could use your money to buy some lawn mowing equipment and go door-to-door selling lawn care services.
Double Your Investment With Hard Work
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This is closely related to hard work, but there is less of an element of trading your time directly for money, and more emphasis on learning a skill.
Double Your Investment With Skill
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My company matches 100% of the first 4% I contribute, so if I put in $1,000, my company puts in $1,000.
Boom! Instant 100% return!
Double Your Money Instantly by Investing $1,000 in Your 401(k)
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Whether starting a side hustle or a full-fledged business, $1,000 is enough to get started in all kinds of entrepreneurial ventures.
Invest in Yourself Through Entrepreneurship
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