1. Starting Your Own Business
By starting your own business, you put yourself in a position to take maximum advantage of your knowledge, skills and abilities. That increases the likelihood of your earning a high income.
it’s very possible to start your own business with just a few thousand dollars. Heck, I started this blog for less than $500! Choose the business that you want to go into, study how you can market the business through the Internet, then come up with a business plan. $10,000 should be more than enough to get started with.
Thanks to the Internet.When you put money into a given investment, you’re doing so with the idea that it will be worth more money in the future. But when you have a business, it can provide you with an income for the rest of your life. That’s more valuable than just about any other investment that you can make.
2. Increase your emergency fund
This may not be the coolest way to put $10,000 to work. But it sure is a smart way. Living paycheck to paycheck is never fun. Aim for at least three months worth of expenses in your emergency fund. We recommend keeping your emergency money in a saving account to maximize your earnings
Treasurys come in three varieties – T-bills, T-bonds and T-notes – and they offer the ultimate in safe yield, backed by the AAA credit rating of the U.S. federal government.
Liquidity: U.S. government bonds are the most liquid bonds on the exchanges, and can be bought and sold on any day the market is open.
As with a bond fund, individual bonds are not backed by the FDIC,, but are backed by the government’s promise to repay the money, so they’re considered safe
.4. Resell Products on Amazon FBA
FBA(fulfillment by Amazon) because that’s exactly what they offer. You deliver the items you want to sell to Amazon, and then market them on the site. Once they have been sold – in the usual way that sales take place on Amazon – the company will handle the shipping for you. It’s one of the easiest ways to run an online business.and it is the most hassle-free way to do it
5.Invest With Betterment
Betterment walks you through the step-by-step investment process. Once your account is set up, Betterment rebalances it automatically and reinvests your profits.It’s an ideal way to get started because there are no minimum requirements
6 Going Back to School (Education)
going back to school could be the best investment of time and money that you ever make. $10,000 won’t get you a graduate degree at a name university, but it could cover much or even most of the cost of getting an Associates degree at your local community college and this money could present the perfect opportunity to retool into a new career and one that is a lot more relevant in today’s economy.
7. savings accounts
A savings account at a bank or credit union is a good alternative to holding cash in a checking account, which typically pays very little interest on your deposit. The bank will pay interest in a savings account on a regular basis.
though,you’ll need to watch out for banks that charge fees for maintaining the account or accessing ATMs, so you can minimize those.
8 podcast launching
Podcasts are basically blog articles set to audio. But they have the advantage that they can also be placed on other websites for greater exposure. And just as is the case with a blog, there are ways that you can monetize podcasts.
The simplest way is to do a series of podcasts and solicit listener donations. This can work beautifully if you have a loyal following. You can also get advertising sponsors, in much the same way that you would for a blog, who would pay for a mention in your podcast, or on the site where the podcast appears.
you can earn more than $2 million by launching a podcast
9.Invest in Cryptocurrency
Cryptocurrency is no longer the “unconventional” investment that it used to be. Today, more people than ever are investing in cryptocurrencies such as Bitcoin and Ethereum. Coinbase makes it easy to buy, sell, and manage your cryptocurrency investments. Just remember this: since cryptocurrency is a riskier investment, start small and grow as you learn.
As cryptocurrency has become a more significant factor in the global investment landscape, countries have taken different approaches to regulating the asset class.
10 DIY Stock Market
Most people seem to prefer to invest their money in mutual funds, particularly when it’s a relatively small amount of money. But if you’ve been showing real ability to make money by just trading stocks on your own, this might be an opportunity to take that up to the next level