Personal Development for Smart People Forums - View Single Post - How to invest $1500 to generate passive income?

theonlyguy · 11-28-2007, 07:22 PM

I've saved up $1500 and want to generate some passive income.

I unfortunately don't have much time outside my current work schedule to develop it myself. As of now, I'm thinking of getting a ghostwriter to write some articles, a webmaster to create a basic website, and a Virtual Assistant to do some marketing of the site in order to promote affiliate programs. Over time I'm willing to invest more. Has anyone here done something like this before?

That's just one idea--I'm open to anything. Ideas? How would you get started with $1500 to create passive income?

11-28-2007, 07:22 PM	#1 (permalink)
theonlyguy Junior Member Join Date: Jan 2007 Posts: 13	How to invest $1500 to generate passive income? I've saved up $1500 and want to generate some passive income. I unfortunately don't have much time outside my current work schedule to develop it myself. As of now, I'm thinking of getting a ghostwriter to write some articles, a webmaster to create a basic website, and a Virtual Assistant to do some marketing of the site in order to promote affiliate programs. Over time I'm willing to invest more. Has anyone here done something like this before? That's just one idea--I'm open to anything. Ideas? How would you get started with $1500 to create passive income?