whats the best way to invest $50?

Answer 1

With only 50 bucks I would say get a US savings bond.

Answer 2

If you have the $50 per month you can invest it with many different mutual fund companies. These will offer you the chance to invest in one fund if you choose the monthly bank draft option.

Some options, American Funds, Franklin Templeton, Fidelity, Oppenheimer Funds, Pioneer Funds, and Legg Mason.

To get more specific on what type of mutual fund you should look for would mean revealing a fair amount of personal information.

You would be wise to decide what your goal is, your expected growth in savings, and to decide how risky of investments you are willing to make (risk tolerance).

Please remember that to expect more than 10-12% annual growth with any investment, on a consistent basis, is unrealistic.

Hope this helps,

Skeeter

Answer 3

You should send it to me. In return I will cash a check that I have for $1,000,000,000 and you will earn 55% of that. The reason I need the $50 now is because I have to pay for a transfer of money fee from the bank to the Cayman Islands. For a mere investment of your $50 you can see 100% or more return. Trust me. I am from Nigeria.

Answer 4

Du to the small amount of money that you have, my recommandation:

1) buy loto (try different type, if you are lucky you may become millionaire)
2) invest in your personnal bank account (every week 50$=2600$/year is not bad)

Answer 5

Lotto ticket

Answer 6

invest in a loan on www.prosper.com.....peer to peer lending...minimum investment... $50 :)

Answer 7

i think its the extar money you have
you can buy some lotteries
or you can cororpate with orther person to start some bussiness
good luck

Answer 8

a tank of gasoline

Answer 9

bank it