What is the best way to make money with the money?

Answer 1

Put it into an Isa....they offer the best rate (over 5%) and, most of all, are tax free!!!

Answer 2

You have several options:
- leaving it on bank account (you earn interest but normally you loose as interest is below inflation)
- invest in securities, its complicated and needs some knowledge (there is huge variaty of securities out there and they can increase or decrease in value, thus know what you buy). options are stocks, warrents, futures etc. if you know nothing about that go with funds (they offer a basket of diff. investment instruments and are most likely to give you some gain at the end or limit your losses in the worst case)
- you could also invest in real assets as real estat, art, wine, oldtimers etc. its a similar rule as with the securities. you dont really know which dog will hunt (otherwise everybody would do it) but at least in the end you still have the object (kind of capital protection).
- else you could come up with a business idea. put together a business concept and start selling your stuff (what ever your idea is).

remember there are just as may possibilities to make money as to lose it. be careful what you do and dont follow silly peoples advice.

Answer 3

if you have money to put away you can go to the bank and talk about rrsp gics or put it into a term deposit gic that will earn you a better interest rate example 3.30% compared to the low interest you get in a regular account. Talkto your Bank manager and or AIG about a start of a portfolio where they can advise you and help you save a little each cheque and the put into terms deposits and then get you earning more interest on your money and RRSPS are a good way as well as t-bills GICs and a good Bank or life insurance company or investment firm will help you to make your money work for you. You work for your money, why should'nt your money be put to work for you at a higher interest rate by developing and starting a good portfolio and make money work to make you money that way.

Answer 4

the best way to make money is to invest it to financial institutions or money market

Answer 5

invest in different products and daily watch the growth,if possible morning and evening and move around make it grow faster and donate 10% of income to needy. AS LONG AS YOUR MIND IS ON YOUR INVESTMENT IT WILL GROW.
TRY TO INVEST ON THE FIVE ELEMENTS
1. EARTH 2. WATER. 3. AIR,4 FIRE (Heat, ) 5. Space
surceases at your door step

Answer 6

Invest into something that gives returns above an average inflation.

Answer 7

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Answer 8

invest in things that make making money easier, organized, and flow smoothly.. im a photographer, i make money, buy camera supplies and fun stuff to continue to photograph and make more money....

Answer 9

Put it into a savings account but shop around to find one that'll earn you the most interest

Answer 10

Stock market.