Hi all,
Basically, I'm looking for some ideas that I can invest around $4,300 into. I built this money on an investment that I'm not really wanting to continue with since I believe it's too volatile (turned 1k into 21k, then dropped to 4.3k within 3months)
I've been looking into some "safer" investment opportunities like letting money ride on stocks ie. S&P500 with dividend compunding, but the growth is incredibly slow (30-40 yrs to really be worth it)
I really don't mind putting hours and hours of my week into something that can grow and really start to take off for me. Looking to unleash the driven entrepreneur in me.
My previous investment may have been a little foolish but I've a learned a lot about money management along the way.
My best skills include: Data Analysis and managing complex spreadsheets of information Finances (am an accountant) Very fast on computed Good at researching (if this is required)
Things I've briefly looked into but don't think they would work: Flipping items from wholesalers to eBay (I don't think this works as well as some claim it does) FOREX trading (seems like random chance on whether your trade goes well or not) etc.
I know this isn't a lot of information, but I'm honestly open to literally any ideas. Even dot points is fine! I just need some starting points to do my own research as google hasn't been too helpful so far.
Thanks in advance!
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