What are some ways that I can invest money....I want it to draw interest and I need to know how to get started with that....I working with a small amount here....I want to turn a little into a lot....thanks
2007-05-31 13:34:52 · 6 answers · asked by Anonymous in Business & Finance ➔ Investing
Here are some financial options for investing money in today's world for you!:
Savings Bonds
Automatic Savings Plan
Money Market Savings Account
Payroll Deduction into Savings
www.sharebuilder.com
GOLD
Stocks
Bonds
Real Estate
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A small amount is BETTER than nothing at all and the fact that you are intelligient enough to start even a SAVINGS ACCOUNT is great news!
62% of the population does NOT have a Savings Plan or Account at a Bank or Credit Union.
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Here are some helful resources:
www.wellsfargo.com (SAVINGS)
www.bankofamerica.com
www.wachovia.com
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Make an appointment with a Personal Banker at your Bank and get a FREE Consultation and their advice to consumers for more ideas and options available.
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People should have 6 months of their income in a SAVINGS plan for emergencies. Most dont?
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Start a BUDGET for your INCOME and EXPENSES that includes a SAVINGS strategy:
www.simpleplanning.net
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GOOD LUCK SAVING!!! :-)
2007-05-31 14:14:58 · answer #1 · answered by JEDI MASTER YODA 4 · 0⤊ 0⤋
Yes, that's would be awsome to turn a little into a lot...LOL. I want that too, but don't get fascinated by any "easy offer" to turn a frog into a prince. Make your money to work hard for you and create plenty, this most workable investment. Go to www.mygiraffe.com.au if you are in Australia. you will do an interesting job. WORK is the sure thing to do. Good luck. oh, if you find someone who can turn a little into alot quick, let me know. Only genuine business. ok?
2007-05-31 13:44:56 · answer #2 · answered by Anonymous · 0⤊ 0⤋
In order to grow your money you’ll need to understand some basic principles of investment and understand which type of investment suits you.To achieve excellent returns on your investments it is important to adopt the right investing strategies. To Learn more about investing check the website link below.
http://www.smart-investments.org/Best-Stock-Investments/How-To-Invest-In-Stock.php
http://www.smart-investments.org/Investing/Investing.php
2007-05-31 14:35:02 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Open a brokerage account at Zecco and invest in Yahoo!
2007-05-31 16:37:13 · answer #4 · answered by Anonymous · 0⤊ 1⤋
Start with a CD or small mutual fund. Check with your bank.
2007-05-31 13:49:32 · answer #5 · answered by jdkilp 7 · 1⤊ 0⤋
if you have the money but don't know where to invest, please invest in education first. you can either do courses or read books
2007-05-31 20:21:09 · answer #6 · answered by Anonymous · 0⤊ 0⤋