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If I have only a few hundred dollars to invest, how do I ...? |
If I have only a few hundred dollars to invest, how do I make fast and low risk investments? well, most of this will sound like clich茅s, but here it goes anyway... start small and invest in the stock market with companies that sell shares at $20 or more. WARNING: do not spend it all on one company and remember to buy low and sell high. What do you mean by "fast and low risk"? Oh yeah there's lot's of places that you can make big bucks easily with no risk with a low starting sum. Go to Sharebuilder.com. They offer trades as low as $4.00 in over 6000 companies. Additionally, you can fund your investment account in any amount on a weekly basis and grow your portfolio. |
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I would put the money in a high interest savings account. There are several options available. ING is offering 4.50% with no fees and no minimum requirements. ...Thats a nice rate ...If I knew how, don't you think I'd do it myself? ...You have picked a good time to start looking at investments. The market is currently sorting itself out a little . The important thing to remember here is that investing is a long term strategy, ... I have been investing in real estate for over 20 years. I agree that you need to understand your target market before jumping into flipping. There are other less risky alternatives then risking y... invest in gas companies, garuntee profit ...Right now I keep a chuck of my savings in Emigrant Direct who currently offer 5.05% There are some that offer a little higher even 6% but be warned some of that is just introductory ...Low risk, 6 Mo CD. Guaranteed interest, though low. or just shove it in a savings account if you don't want risk. For higher returns, requires higher risks. ... |
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