How to Invest 1,000 Dollars (and Double It!)
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.
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.
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
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
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
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)
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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