Suggestions on how I can make money with my new camcorder please?

You could try doing some stock video shots. Just go out and shoot everyday life. Or if you're somewhere really magnificent shoot it because not everyone can get to those places and sometimes they need a neat thirty seconds or mintute of film. People buy stock video for using in films, presentations, corporate videos and for documentaries. One great website is the following; http://submit.shutterstock.com/?ref=82607 You can also post pictures here and get paid for people downloading your pictures as well as your videos. Check it out. It's a lot of fun!

how about offering your services to your neighboour hood, may be they can get you to shoot at some small home events like birthday parties and anniversaries. it will also help you in improving your shooting skills.