How To Invest 10k in 2023: My Best Ideas For Smart Investing

Last Updated: August 3, 2023

By Hope

Welcome to my How To Invest 10k article. My goal is to answer common questions and understand if it's a good fit for you personally, or if there are any better alternatives out there.
How to Invest 10k Review


This How To Invest 10k review has been thoroughly researched with information and testimonials that are available online to anyone in the public. Any conclusions drawn by myself are opinions.

Before we get into it... who am i?

Always good to put a name to a face, so firstly, my name is Hope!

Like you, I was stuck working 8-10 hour days building someone else’s dream.

I worked at one of those cool tech companies that has omelet stations for breakfast & craft beer on tap for after hours.

To a lot of people that’s a dream, but to me… something was missing.

All I really wanted, was to actually enjoy life – more vacations, less stress, buy myself nice things without worrying about the cost… but that was something my 9-5 couldn’t provide me.

That was until a few years ago when I discovered a way to make money online by actually helping real people. 

People in this case were local business owners across the US.

Me and My Puppy

The page above is an example of how I do it. That one-page site generates $1,500/mo and I haven’t even touched it since it was put up.

That’s an $18,000/year raise from just one page.

That’s why local lead generation is my #1 business recommendation for recurring, semi-passive income. If you want to learn about that business model, click here.

For How To Invest 10k

The page above is an example of how I do it. That one-page site generates $1,500/mo and I haven’t even touched it since it was put up.

That’s an $18,000/year raise from just one page.

That’s why local lead generation is my #1 business recommendation for recurring, semi-passive income. If you want to learn about that business model, click here.

They have no clue what it’s actually like to run the different types of businesses they write about.

I have absolutely no relationship with this program, so you can rest easy knowing I’m going to give you my honest opinion.

This review is written based on my own experiences with this business model.

All that being said, let’s jump into things.

Table Of Contents

So you wanna know how to invest 10k as a beginner?

You’ve set aside a substantial sum of money that isn’t an emergency fund or anything. Instead, you want to put 10,000 into a long-term investment.

And, since 10,000 isn’t simply some random free money, it’s perfectly normal to do some research before committing to something.

A lot of people will say real estate or the stock market. And I’ll get into that, but by now, you should be aware that you cannot save your way to retirement.

More so now, given the recent stock market crisis.

Every millionaire knows that starting your own business is the wisest use of your $10,000.

Although you may not see a huge return in the short term, your rate of return over time will be incredible!

Some of the most viable ways to do this today are easy-to-start work from home businesses, not real estate investment trusts or 401(k)’s.

I’ll discuss the stock market and cryptocurrency investing, Amazon selling, e-commerce, affiliate marketing, and MLMs, and why they’re realistic possibilities.

And to top things off, I’ll talk about my #1 way to make money online in 2021!

But without further ado, let’s jump right in.

Stock Market / Cryptocurrency Investing

Crypto Exchange vs Stock Exchanges

This is usually the most popular option, but in my opinion, it isn’t the ideal method to invest 10,000.

People have been taught about the stock market for more than 60 years.

It’s the same old stuff every time.

“Invest in a 401(k),” “max out an ira,” and “set up an investment account/ brokerage account, and you’ll kill it!”

But is that really the case?

$10,000 is a lot to invest into individual stocks; generally speaking, that could be a good area to place your money.

Unfortunately, stocks don’t just keep going up forever; some companies take a steep dive, never to return.

That means all the money you invested is just gone and never coming back. And sure, is it important to have a diverse investment portfolio and strategy?

Of course!

But even if you do everything right…it’s not guaranteed to work out. And I’ve seen that.

Plenty of the boomer generation now have placed money into these investment options their whole lives for a retirement plan of sorts, and they aren’t any further along than us.

In fact, plenty of them have now had to get part-time jobs because they don’t have enough to get through their elderly years anymore.

So you’ve just got to ask yourself…if we’ve been able to see two generations of people do stocks, mutual funds, ETFs (Exchange-traded funds) 401k’s, and a Roth ira, and they aren’t any better off than you…you’ve got to ask…is it even worth it to get started?

The answer…probably not.

But why is that?

It’s Rigged!

Have you been watching or listening to the news lately?

If not, let me get you up to speed.

Big hedge funds decided to short Gamestop Stock (GME) a few weeks ago and essentially push the company out of business.

A large group of people gathered on Reddit and purchased multiple shares of the stock, causing the stock’s price to rise.

Hedge fund managers were in tears as a result of this.

More people even started buying in when it started being a bigger story.

Regular people were turning into millionaires overnight. Some people leveraged thousands in credit card debt to just turn around in a few days and have millions in their accounts

So how’d it all end?

Wall Street was exposed for just how corrupt they were. All the different brokerages and their brokerage accounts were frozen regarding anything GME-related.

Robinhood ironically led the charge on that, shutting all their users from buying it, only allowing them to sell.

What happened?

The balance of power shifted away from the market and the people and into the power of the corrupt elite.

Showing us that the average joe was never meant to get rich by making his own investments in the stock market.

Penny Stocks

Penny Stock

But what about penny stocks, you might ask?

Yes, penny stocks can be profitable, but doing so usually requires knowledge and regular day trading.

When it comes to investments, you want to find something you can pay for upfront and then start earning your decent rate of return right away.

You can’t really do that with penny stocks…

Unless you use robot advisors. A robo advisor helps take away some of the grunt work for you, but ultimately it’s still just a bot.

If you don’t pay close attention to it, it could keep trading on the path you set it down even when the market has had a crazy correction.

You could lose big.

Alt Coins

Crypto could be a good way to invest $10,000 in a way that’s like the stock market, but it’s not.

BTC, ETH, and LTC are all highly valuable coins.

However, the cryptocurrency market’s volatility is even greater than the stock market’s.

So even though you can earn a lot in the short term, you could also lose a lot. It’s like a double-edged sword.

Definitely not something to bet your savings account on if you ask me.

Pros And Cons


  • Mutual funds, IRA’s, and 401ks are all proven models to make small amounts of money over the long term.
  • Good for “drip” money over the long term.
  • Easy to set up a brokerage account.
  • Rate of return of roughly 8% per year.


  • A high yield is rare.
  • Most brokers require a minimum investment.
  • Robo advisors can’t think for themselves.
  • Capital gains are not tax-free.
  • The stock market is controlled and not made for you to get rich with just 10,000.

Amazon FBA

Amazon FBA

If you’ve watched a YouTube ad about investing or making money, you’ve probably seen an Amazon FBA course ad about how selling on Amazon is a great way to invest $10,000.

If you want to invest in your future, some would argue that getting involved with Amazon would be one of the best ways to do so.

After all, since its inception, Amazon has year after year and now dominates eCommerce!

You can’t go wrong, right?

Unfortunately, there’s a lot more to selling stuff on Amazon than meets the eye. Let’s dive a little deeper and determine whether an Amazon store investment would be a good idea for you.

Crazy Rules

Amazon was once a real gold mine.

There weren’t many rules, and most people who opened a store had a very high-profit margin.

Yep, a successful store on Amazon would beat out any competitive interest rates that stock brokers or banks would give you for putting your money in any portfolio they offer you.

Unfortunately, when rules increase, the opportunities for a certain investment plan like this will begin to dwindle.

At this point, Amazon has so many rules for its sellers that it’s really hard to keep track, especially when it seems like they are coming out with new rules every day!

So before you invest in your own Amazon store it’s important to go through these rules with a fine-toothed comb and ensure you understand all of them…

Otherwise, Amazon reserves the right to shut down your store anytime, and all your money is gone.

Now just think about how bad that sucks for a moment…

You take your solid investment of $10,000 and build up a profitable Amazon business.

And let’s say you have a few different products dominating each of the markets they are geared towards.

Literally out of nowhere, Amazon can come in and shut you down for seemingly no rhyme or reason.

A great way to describe this is sort of like an illusion. Amazon gives you the illusion of owning and controlling your own store and business, all while also profiting off of you, yet they can come in at any moment with your 10,000 to invest and just get rid of all the progress altogether.

Maybe you’ll get lucky and make just as much as these other investors who threw a 10,000 investment into an Amazon store.

Consistent Commission Cuts

This is more on the affiliate side of Amazon…but it still fits.

You see, you used to be able to become qualified as an Amazon affiliate and place links to products all over the web.

Unfortunately, Amazon has continued to slash commissions year after year after year. It’s already tough enough to get clicks online, but these slashes make it even harder to want to continue putting effort toward it.

Imagine if your portfolio manager wanted even more slices of the pie you were bringing him…doesn’t sound all that fair?

But Mr. Bezos calls the shots, unfortunately.


If all of the rules and regular commission cutbacks weren’t enough to make you reconsider other methods to invest $10,000, perhaps this would.

Setting up an Amazon store is simple. In fact, the majority of online courses will teach you how to set one up in just a few hours!

Unfortunately because of how easy it is, there is a lot of competition. Thousands of people on Amazon are trying to sell the same products you are and get that 6 figure rate of return.

These people dumped their entire savings accounts into their stores just to get a hope of profitability.

It takes a lot to run an Amazon business and it’s really hard to rank a product organically in search. You can thank some of the new rules thanks to that.

So you have to rank organically against all the people who know the same things you do, and you also have to use paid ads to get short-term money in the door to start to recoup that initial investment.

Running PPC is hard because the prices constantly change, and you could end up in the red quickly.

All that to really say, look, a $10,000 investment into Amazon can be profitable, and it has been for a handful of people…

But to be successful, the stars almost have to align, and you have to be one of the best people to have ever run a PPC campaign.

It’s really that difficult.

Pros And Cons


  • You can make 6-figures per year with Amazon with a $10,000 investment.
  • Setting up a store on Amazon does not take long.
  • Amazon’s platform is a great way to enter e-commerce because they have the most sales.
  • No credit score is required.


  • Amazon is cash-intensive.
  • PPC is difficult and can be a headache to track constantly.
  • It can take well over six months to rank an Amazon product organically.



If Amazon is too complicated to start, you may be considering an eCommerce store.

At least it would make sense to think that way.

And it honestly isn’t that bad of an idea; plenty of people who have set up Shopify stores are making 6-figures as well.

So is investing $10,000 into an eCommerce store going to be worth it for you?

Well, I’ll break down some of these major factors…

Big Up-Front Cost

Just like Amazon, you still have to buy all your products at once. Perhaps, $5,000 of your $10,000 is likely to be spent only on inventory.

Then what’s left of the budget will most likely be spent on advertising and shipping.

This model really makes you put how much $10,000 into perspective. Sure it’s more than most credit cards can extend, but it still goes by really fast in businesses like these.

Hell, $10,000 would put a nice-sized dent into just about anyone’s student loans.

It’s not hard to imagine why most people can’t hang long in eCommerce, they don’t have the capital to keep it going.

That brings up the next issue, competition.

Competition And Margins

Ecommerce is super competitive. There are thousands of Amazon stores and Ecom stores on Shopify and other platforms worldwide.

Do you know how hard it will be to get on page one with all the free traffic when there are thousands of other guys out there with huge budgets and very elite knowledge of SEO?

Pretty freaking hard!

That’s why many people who start eCommerce businesses with $10,000 never get out of the paid traffic arena. They have no time to learn SEO.

And what about margins?

Thanks to Chinese wholesalers now entering the eCommerce game, it’s becoming extremely difficult for other businesses to make arbitrage happen successfully.

That’s because they come in and sell for exactly what they sell to us. In a sense, it’s cutting the middle man out.

Think I’m exaggerating the issue?

Just for a second, try to remember the last time you saw any of these major eCom gurus promote their courses on Facebook or YouTube.

It’s hard to put your finger on it, isn’t it?

This is a trend my team has begun to notice with a lot of these eCom-related courses…their “fearless” leaders are backpedaling on getting sales of the course and are transitioning to other industries altogether.

One has to ask themselves: why?

Simply put, this pandemic has absolutely crushed certain types of industries. To an extent, I believe that online commerce is one of them.

I’m not saying that online commerce is going away, but merely that the average joe who wants to run a profitable online business like this can’t anymore because he can’t live with the fractionalized profits.

If anything, this pandemic has made it easier for the bigger retailers and even more difficult for the smaller ones.

Barrier Of Entry

The next thing you must deal with is the barrier of entry.

There virtually isn’t one.

You could go online, build a one-page website with one product, run ads to it, and get a sale. Now you might not get a lot of sales because of a lack of content…but still, something might come through.

So when it’s that easy to get something up and running, you can imagine how many people are going to hop into it.

That can be quite discouraging to some people because they start to play the odds game, which is okay to an extent, but you can’t let it consume you.

So if you’re going to try using a $10,000 investment into an eCommerce business, just understand that you will need to wait six months to a year for anything to come to fruition.

Pros And Cons - ECommerce
Pros and cons road sign, arrow on blue sky background. One way blank road sign with copy space. Arrow on a pole pointing in one direction.


  • People are increasingly buying products online.
  • Several people have made 6-figures a year from their eCommerce business.
  • No investment experience is required.


  • Margins are continuously shrinking
  • You need a hefty minimum investment
  • You’ll need to stick it out for at least six months to see any results.

Affiliate Marketing

Affiliate Marketing

Affiliate marketing can be pretty difficult to master.

Yes, you won’t have to deal with shipping or inventory purchases.

However, you must ensure that all your links are being visited and that your traffic is converting.

Unfortunately, it takes a crap ton of money to be a good affiliate marketer.

Anyone who knows affiliate marketing knows that the lion’s share of conversion traffic is generated by blogs riddled with affiliate links.

However, these sites have to get massive traffic, and that’s hard to do.

You see, PPC has never really worked well when driving traffic to the blog to hope people click on your affiliate links in the post.

No, the blogs that rake in a lot of money are ranked organically on page one of Google for several different keywords.

You don’t make a killing by just throwing your links out on the web randomly. People honestly hate that.

Barrier Of Entry

Affiliate marketing is easy as hell to enter.

I’m talking about maybe paying $25 to get an affiliate link to start placing around the web. Unfortunately, these are links to products or programs people really aren’t interested in, which is why the commissions are so small.

But there are literally hundreds of thousands of affiliate marketers out there, and it’s hard to compete with that, which is the next thing I’ll be talking about.


The competition is literally insane. Thousands of people are in this business, and it’s kind of given it a dirty name.


Everyone has started just placing their affiliate links everywhere unsolicited. Platforms like Reddit even ban users who drop an unsolicited affiliate link.

People hate seeing spam everywhere, which is what affiliate marketing has turned into.

Have you been in Facebook groups where people dump their links everywhere?

Pretty annoying, right?

I agree.

Ok, but you’re not a spammer, and you really have products to promote…so how do you make money as an affiliate marketer?

The way would be through a blog.

You would need to put out consistent content that actually brings value to people and helps them find what they are looking for.

This takes a lot of money, however. You will likely need to invest heavily into outsourcing SEO while you are busy with the creative aspect of things.

And depending on how much content you need to be pushing out…you might need to hire more writers, and good writers are expensive!

But there is a chance you could be a successful affiliate marketer if you budget that $10,000 in the right way!


One thing you’ll find that sucks about affiliate marketing is that the companies you market for are generally extremely stingy when it comes to payouts.

I mean that you really have to read the fine print on their terms. If they can get away with taking your traffic and making a sale and not paying you…they’re going to do it.

Now, not all of these affiliate programs are like this…but typically, the free or really cheap ones to join are.

It usually costs quite a bit to get into a great affiliate program that makes their payout process really easy.

The caveat to that, however, is that those really good affiliate programs are just as competitive and deal with people with much higher budgets who use all sorts of SEO tactics to dominate a lot of the traffic.

But hey, you’ve got 10,000 to invest, right? Out of everything I’ve mentioned, this might be the one opportunity where your money might go the furthest.

Pros and Cons


  • One of the cheapest ways to get started making money online.
  • You can get started in just a few hours.
  • You won’t be placed in any credit card debt.


  • So much competition.
  • Companies make it extremely difficult to get your commission into your checking account.
  • You need to know SEO at a high level.

Multi-Level Marketing

Is Plexus An MLM

Ah yes, the good ole fashion MLM business opportunity.

Hey, the 90s called. They want their overpriced garbage back!

Alright, alright, all joking aside, you can still make a little bit of money by investing $10,000 into an MLM.

It may not be the most effective use of $10,000, but some people still have a good start-up success.

As you can imagine much, if not all, of that $10,000 will be spent on investing in products that you will have to turn and sell at a dinner party to your friends and family for a profit.

Back in the 1990s MLMs worked really well for some people, but today, the prices of the products, along with their quality, can’t be justified for many people.

Thanks to the internet, even your friends realize a good deal when they see one.

And can you blame them?

You wouldn’t want your friends just to give you a handout, would you?

But besides the fact that investing in an MLM might be a little archaic…there are a couple of other reasons why you might not want to take $10,000 and invest it in an MLM.


The truth about most MLMs is that you won’t get rich off of just selling the products yourself. There are only so many sales you can make a day by yourself, and the margins aren’t great to begin with.

If you ever want to bring in the big bucks, you’re going to have to recruit people so that you can get a commission off of their sales.

Yeah…doesn’t sound all that cool does it?

Almost nothing can be more awkward than trying to get somebody on board to be in your downline and then explaining to them that you’ll be getting a little bit of their hard-earned money.

If it wasn’t for the fact that MLMs sell actual products, this would have the exact makings of a pyramid scheme…that’s why most people stray away from it.


Normally this is the part most people enjoy the most: the whole getting paid thing.

Unfortunately, it’s not as glamorous as it sounds.

Most MLMs give you pennies compared to what your uplines make.

The worst part is that you often have to meet a certain sales quota before they even give you money. Yep, if your sales quota is $200 and you only sell $199 worth of stuff, you won’t get your commission!

On top of that, the average network marketer only makes about $21,000, according to ZipRecruiter. That’s roughly $1,750 a month. Once you figure in all your time invested as well…it’s just not worth it.

Additionally, I’d imagine if you invested $10,000 into something, you’d probably want not to wait half a year just to recoup your initial investment…you’d probably just want to invest it into something that works on auto pilot.

An MLM is definitely not an auto pilot business.


MLMs are also extremely competitive. It’s set up like a pyramid structure. Those at the top are making the mansion and Ferrari money, while any newbie will make a couple of hundred bucks a month at best.

Most people have tried to create their own eCommerce store so that they could potentially make sales while they’re sleeping.

And that’s really smart…but many other people have had the same idea, and now there is a big SEO push. You now have to compete globally with thousands of people trying to sell the same product as you.

Honestly, that’s really hard to do and expensive. SEO works, but unless you have time to do it yourself (which is unlikely since you have to run your MLM biz), it’s gonna cost you a pretty penny.

Pros And Cons - MLM


  • A $10,000 investment can give you a great jump start.
  • Some friends and family might support you on monthly recurring products.
  • People have climbed their way to the top.


  • No payment is required if you don’t make the monthly quota.
  • You’ll have to focus on sales more than anything; capital won’t win the game for you.
  • Most network marketers make less than $2k a month on average.



What Should I Invest 10k In?

My top recommendation is to start a lead generation business. $10,000 could get you ten different websites fully designed and ranked in just over three months.

These sites are often worth $500-$1,000 per month when they are well-ranked and have a steady stream of leads.

So after just a few months, you could have $5,000 to $10,000 in recurring income!

How Can I Make Money With 10k?

Looking for a business that can generate recurring monthly revenue on autopilot is the best approach to make money with $10,000.

Traditional ways, such as real estate, are one of the best ways to do so.

However, real estate is often pretty expensive, and $10,000 into one property might not yield the returns you’d like to see.

If you invest in digital real estate through lead generation, you’ll find that you’ll have a much higher return on investment.

Can You Turn 10k Into 100k?

Lead generation would be perfect for this!

Ten sites would allow you to earn $100k after 10 months!

How Can I Get Rich With 10000 Dollars?

The best way you could get rich with 10,000 dollars would be to invest in a business that has high-profit margins with recurring clients.

My Top Recommendation For Making Money Online In 2022

Make Money Online With Digital Landlord

Alright, time for me to get real with my lovely readers for a moment:

I’ve personally tried all of the major online business models:

  • I’ve sold fidget spinners through Amazon FBA
  • I’ve dropshipped a toilet bowl putting green on Shopify
  • I’ve sold women’s health supplements via Clickbank affiliate marketing

And I made money with all of them, so trust me when I say: there is no “perfect” business model.

THAT BEING SAID: I would at least recommend you implement something that is tried and true, because I’ve seen TOO MANY people (including friends and family) get burned by stuff like how to invest 10k.

They come out of left field with some random idea, make it seem attractive, and then make themselves a quick buck by luring in unsuspecting people.

I’m not saying investing 10k itself is a piece of trash, I’m just saying you need to be very, very careful.

This is a big reason why I only recommend proven, tried, and true business models, like Lead Generation & Ad Agencies.

There are a bunch of programs out there that teach you those skills, but my top choice is the Digital Landlords program.

Why? It has proven leaders with their own 7-figure businesses implementing exactly what they teach you.

I’ve also got over a dozen personal friends in there, so I feel comfortable telling you it works.

Whether you’re a complete newbie, or have been around the block before but have never had that “big win” to propel you forward, their program works.

Here’s why:

1)Time: If you’ve got a spare hour or two each day, you can do this. If you want to drop everything and go all-in, you can do this. More time obviously means faster results, but even putting in a few hours per day is enough to see real success.

And because of that flexibility, you don’t need to trade your time for money. Once the income starts, it’s recurring (for the most part).

That means you can take a month off, travel the country, pursue a passion project, chill on the beach, or charter a boat across the world.

But you can only do that once you’ve created an income stream that doesn’t require YOU to be there all day, every day.

2)Big Margins: With most businesses, you’re often going to have really slim margins. That means you need to hit a serious scale to make serious money.

Being a Digital Landlord, your profit margin is nearly 100%. Watch here to learn how.

Just a reminder: these Digital Rental Properties are worth (at a minimum) $500/mo in semi-passive income. And each time you create another one, your income increases, and the effort put into creating the next property decreases.

Best-case scenario, you have properties bringing in over $3,000+/mo on “auto-pilot.”

3)It’s Effectively Copy-Paste: Here’s my favorite part: once you have your first Digital Rental Property up, you can literally copy-paste another version of it and find another willing “renter” in a few days. DOUBLING your income doesn’t get much easier than that…

If you wanted to double your income with any of these business ideas, you would need to learn specific skills for every opportunity. And I can guarantee you that’s a lot harder than a few clicks & a phone call.

4)You’re Helping REAL People: My biggest gripe with these business ideas is that you’re basically only helping yourself.

But when you’re a Digital Landlord, you’re helping solve REAL problems that people are ASKING for help with:

Small local businesses around the world need one thing: customers. Without them, their business would fall apart. If we can provide those customers, they’re going to be really happy – and they’re going to pay you for it.

You’re helping a struggling mother or father put food on the table for their families, put their kids through college, or simply live life a little bit more comfortably.

Having this type of impact on the world is what will help you sleep soundly at night.

So, the rest is up to you. You could keep looking at other off-the-wall business models like MLMs, Affiliate Marketing, or Amazon FBA and maybe hit it big one day.

You could keep researching and researching for the next few months (or few years), never making a concrete decision.

OR, you can look deep inside, think about those dreams, hopes, & desires, and make the decision to ACTUALLY make it happen, just like it has for thousands of other students before you.

Making a fortune while actually helping real people that need it.

If this sounds like you, click here to see how it all works.