Originally Posted by digitalfantasies

If you need to ask, then invest as little as possible, do as much as you can yourself. forget about creating/buying original content with that amount of investment.
Start with cheap hosting, use free content provided by programs, write good quality text-rich context.
Finding out what works and converts takes time.

But you can do this almost for free on a small scale. Once you have figured that out then you can start spending money to increase the scale of what already works.
If you blindly start with investing a bunch of money you're better off just spending it in the bar partying.