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I have $5,000 giving to me and I dont know how to invest it? Help!

I was given $5,000 USD I dont know how to flip my money? Can someone assist me.

Kiesha Richcreek
Kiesha Richcreek - In General - Nov 7, 2009
Kilese Warehouse LLC
St Joseph County, IN
Answers (3)
No User Photo
Annette Solis
Independent Associate/Director
Go Small Biz (Pre-Paid Legal, Inc.)
AZ

You might want to read Rich Dad Poor Dad by Robert Kiyosaki. He talks about how to leverage your money so that it works for you vs. you having to work for money all the time. He buys things that are "assets--things that put money into your pocket every month". He likes multi-level-marketing businesses because it allows you to build an asset that will continue to pay you even after you have stopped working your business.

He also likes rental properties that cashflow money into your pocket every momth. He really likes the
Pre-Paid Legal, Inc. business opportunity because of its great compensation plan and it's product .

You might want to take a look at it. It's not very expensive and you'll get some great tax deductions from running your own business. Good luck.

Web reference: www.prepaidlegal.com/hub/su10

Nov 10, 2009

Ms. Richcreek - I know of a opportunity to invest $5K in a California Business! All legitimate - has prior history of profits. I can email the info! I hope you will check your posting again. Sincerely - Contact: RealEstateSpecialties@ymail.com

 

Nov 8, 2009
No User Photo
Don Barrick

The BAF Group LLC
MD

Kiesha, $5k is not enough to start any kind of business, except maybe a Mary Kay or similar kind of business. And those are extremely labor intensive and depend upon recruiting others, rather than any kind of passive "investment" or conventional business. I don't think this is the place to invest your money.

Web reference: www.bafgroup.com

Nov 7, 2009

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