I am trying to invest money because I have around 3218.45 USD which I could invest, and start generating money. I am out of ideas in how can I invest the money to start generating money from my money
By "generating money", I assume you mean specifically producing an income stream. With a little over $3k to invest, providing meaningful capital to a startup may not be realistic.
Cryptocurrency daytrading might produce an income stream - or you may lose your shirt, and you'll be playing against people who do it all day. The short-term equity game is basically zero-sum. This applies to day trading equity stocks, currency, metals, commodities, etc. as well. Holding equity long-term in a diversified portfolio builds wealth but does not produce income (now).
Reselling and/or retail arbitrage might make you some money, but you might find that it's hard to get enough quantity and margin to produce long-term income proportional to principal (you might turn $50 into $200 this way, but probably not $5000 into $20000).
Stocks are quite viable at your income level, however. Specifically, stocks - or mutual or index funds - which pay regular dividends can give you the potential for capital appreciation and an income stream. These are riskier than bonds and annuities but typically will pay off over the long haul. Some stocks pay dividends around 5%+; so your $3k investment could start turning as much as $150 per year, right now - not counting capital appreciation for possibly another $150 per year. Not too shabby!
Next come the bonds. You can buy federal treasury bonds for around 2.5%+ now. These have very low risk, but do not offer capital appreciation. Most likely, you can do significantly better with tax-free municipal bonds, possibly 4.5%+. If you live in a place where municipal bonds are not taxable at the state level, you can also save significantly on taxes; the "real" interest rate accounting for this could be closer to 5.5%+. $3k is a little low to get etarted but you can probably find something in that range.
Nect come annuities. You can buy an immediate annuity today for $3k and you'll get paid some amount every month for the rest of your life, or until the financial system basically collapses. Sounds great, right? Expect $120/yr or possibly less (and you don't get the principal back at the end). You might be able to get an annuity for $3k, or there might be a $10k (or higher?) minimum.
If there is a stock that the investor is interested in, then a small amount of money can get an option on 100 shares.
Also, leveraged commodity futures are available and leveraged currencies are available. For instance, 500 barrels of oil is a $2145 margin deposit, a 100,000 Treasury Note is a $1265 margin deposit, or 10 ounces of gold is a $374 margin deposit. Take the buy-side or the sell-side. For a Forex currency carry-trade example, the dollar versus the Swiss Franc pays about 2.25% interest on the leveraged amount. A $3000 margin deposit could hold a $50,000 position or more.
Another idea is closed-end-funds that often pay dividends of 6% or more. These funds are leveraged and hedged and are like hedge funds that the average person can buy.
Or mortgage-REIT's usually pay over 10% dividends. Business-development-companies usually pay over 10% dividends.
But the best investment is the investment that the investor has some feeling-for.
