Where to invest money online without getting scammed?

United States
August 19, 2012 9:38pm CST
I have been looking around to invest. I first thought of stock exchange, but the way economy is going right now I don't think it is good to invest there. I am looking for something online. Months ago, on Mylot I came to know that there are some good opportunities online. But my search around this time are not leading me to those discussions. So can anyone help me learn about the investment places?
4 people like this
19 responses
• India
20 Aug 12
Whats wrong with Govt. bonds or FDs with banks. Or even better, buy some bullion. The safest ideas that anyone will give you. Good day!
• United States
20 Aug 12
Oops, I forgot to research on bullions. Thank you so much for reminding about it. These days even our US government's bonds are credible. Many have been saying that it is possible that the money will never be returned. But I will research on this too.
• United States
20 Aug 12
Sorry about the mistakes I made in my sentences. I trimmed my nails and that makes me skip a few keys while typing. I was trying to say that US government bonds are not that credible.
• India
21 Aug 12
Ah the nails. Haha. The prices of gold has reached the sky, breaking through the roof. It has come down slightly, but is expected to shoot for the peak again. Do some research of this. Maybe you'll learn something meaningful. I'll conclude by saying that its better to stay away from online investments. They put up rosy pictures and later they turn red. Also there is no physical security. Atleast with bullion, even if you're not realizing profit, you can use it yourself. Which woman does likes the glitter of a precious metal? Haha. Good luck!
@wongchoiyee (7413)
• Malaysia
20 Aug 12
If you have any good place, please let me know. Thanks in advance.
1 person likes this
@iwrite (5034)
• Singapore
20 Aug 12
This is for divineathena as well as for you wongchoiyee, If you are looking for real and affordable investment, then you might want to try forex trading. there would be risk, all investment would have that. If there is any form of investment tells you any form of investment is without risk, please read the fine prints. If you are interested in forex trading with minimum risk, we can discuss further. Cheers.
• United States
21 Aug 12
I think we all should bookmark this discussion page. Users are providing here so many great ideas. Forex trading is in my list. But my mom has been saying that it is best to buy the currency from a local currency exchange place. I would really love to know more about Forex though. I could not do that much research on it. iwrite, I am adding you to my friends list so I can pm you for more details about the program.
@krupesh (2608)
• India
20 Aug 12
better to keep it with youself
@krupesh (2608)
• India
20 Aug 12
@sinful what was that what for? @2008chrys I never take a chance investing my money online and I am not a member of justbeenpaid...and this is the first time I am hearing about that site and I am not here for money...I just love MYLOT and when I am free I make it a point to just be a part of it..
• Davao, Philippines
20 Aug 12
Keep it to oneself what?
• Philippines
20 Aug 12
krupesh, it seems like you had some experience with just been paid. wanna share?
@SinfulRose (3527)
• Davao, Philippines
20 Aug 12
Have you already looked up Just Been Paid? It is known to be paying for quite some time already. If it's passive income and investing, Just Been Paid is the site that I know that will never disappoint you.
@krupesh (2608)
• India
20 Aug 12
What is the guarantee that Just Been Paid doesn't disappear after her investment?
@nupur123 (392)
• Hyderabad, India
20 Aug 12
No ,just been paid is a trustfull site as i myself have experienced it by joining it and even cash out so u can join it.f u want to make a little extra money .
• United States
20 Aug 12
Yes, I studied Just Been Paid for a few months. I researched it and looked around the site, but my question about it is just one and that is, where exactly does the invested money go? Once I get answer to this, I will join. I heard that it is not safe to keep money over there. On Wikipedia, there was a page about this kind of businesses. It was saying that one similar site was forced by American government to shut down. The site officials were not scamming people. Yet the government froze their account and because of this, all the members lost their invested money. Just recently, however, from research I came to know that this company does have the potential to disappear overnight. I cannot tell if the author is telling the truth, for all other sites seem to always praise its strength. I haven't heard a single negative comment from the real members though.
@suraj7nov (1736)
• India
28 Aug 12
there is nothing a gurantee in investing online,but you can do one thing you can invest in insurance sector which is more safe than any other option and i can suggest you only uinvest
@suraj7nov (1736)
• India
1 Sep 12
yes i tried that and it paying me monthly dividends,site is listed in my profile site,but remember with online investment donot invest what you cannot afford to loose
@bLadeee (403)
• Philippines
20 Aug 12
I also want to ask this question and if someone knows a legit site please let us know. I don't want to be scammed. I already tried to search for sites where I can invest money but I keep seeing justbeenpaid and hyips sites and I don't know why they don't use paypal.
• United States
22 Aug 12
I find Paypal very safe. But they washed their hands of Just in Paid because before similar programs were taken as illegal by American government. They don't want to be in any kind of problem with the law. Which one is hyips? I want to know. I am trying to be very cautious about investment programs. I don't think I am much of an aggressive risk taker.
@Fulltank (2882)
• Philippines
20 Aug 12
Hi,I think that it would be better to invest your money locally, instead of going to the internet. Just think of this, you will be investing your money to some sites whom you do not know its owners. But if you are willing to take the risk, then please make a research for each site first that you are willing to invest in.
• United States
22 Aug 12
Obviously, that is why I am asking the question here. My mom told me to do local investment. But I am still not prepared to spend higher amount. I will keep researching and talking to people about various program. Thank you so much for the advice.
@airasheila (5454)
• Philippines
20 Aug 12
a pleasant day divineathena, honestly speaking, i haven't yet indulge myself to invest money online. as i am more confident to invest it in a bank. perhaps, better be sure where to invest your money to prevent it be thrown to anybody's hand.
• United States
20 Aug 12
Hi Airasheila, Investing money online does seem quite risky. You know how some programs just could not make it? I trust the people at Mylot and that is why, I thought it is better to find out more about the legitimate ones from them. We are in US and here investing through bank is never that helpful. My mom, sis and even boyfriend made CDs and they all said that the interest they earned was not high at all. Couple of years ago, when the American home market was booming, my uncle tried to do business by giving his money to bank which then was transfered to another as a loan for buying house. He was supposed to receive his fully invested money along with interest from the mortgage payments that the bank got from the house owners. Unfortunately, the house market crashed, banks did not receive anything because of their own greed and that yielded to huge loss for him. He even sued the bank and case is still open.
• Slovenia
20 Aug 12
I have invest some money on JSS Tripler. I will see in couple days if this was worth or not. As I hear from other people, this is only trusted site that you can invest your money. We will see, what will be. The only think that bother me is that they don`t accept Paypal.
• United States
22 Aug 12
Keep me updated on your experience with the site. Did you invest a huge sum? Did they put you in any referral program? I really wish Paypal had link with this one and Amazon.
• Romania
20 Aug 12
I know a site where you invest in shares. I signed up one year ago and invested about 150$. But in feb i had some problems, so i had to withdraw all total of +300$. If i wouldn't done it, now i would have about1000$ and more than 100$/month in dividents. Add me as friend and I'll send you my link and if you register under me, I'll help you and give 2% back from your deposit.
• United States
22 Aug 12
What was the name of that site? I am interested in knowing. After researching, I will register for sure. I heard that there is something like stock exchange market online where keywords are auctioned. It is not adwords, but something else. I read the name over here on Mylot. Now I cannot find the discussion page.
@ckciasigurl (2081)
• Italy
20 Aug 12
hi divine! i don't know any investing site because of i don't believe them already because im a victim of scam i know that not all are scam when it comes from investing site but just double check if you are really interstead
@mantis36 (4219)
• Philippines
20 Aug 12
Invest money earned in a traditional way of business, like buying and selling or by lending a 5 6. He or she will borrow your 5,000 money and after 2 months of waiting, he or she will pay you 6,000.
• United States
22 Aug 12
Yep, buying and selling is a lucrative business. But license is needed. Lending money was a great idea back when Bush was not there. Now it is quite risky especially here in California. No one can be trusted.
@varier (5685)
• Indonesia
22 Sep 12
All online investments are based on Ponzi Scheme, more or less. So, you can't remove the risk. Then never invest what you can't afford to lose. Learn from people's experience from the past. At that time, they said that this site or that site is indefinitely sustainable and will not turn scam. And later, they cursed those sites because they turned scam! The lifetime of those sites were varies, between few days to few years. The main point is, you can't remove the risk of losing your money.
@adexlo (76)
• Nigeria
20 Aug 12
I think you should think of investing on oil and gas. the business is moving nowadays and you can make it fast with it..
• United States
22 Aug 12
Yeah, I wish I could invest on gas since its price is quite good right now from a businessman's perspective. But I don't want a middleman like brokers. They take fees.
• United States
22 Aug 12
I usually do not invest in websites since I don't know if they'll turn into a scam or not.
@natliegleb (5175)
• India
20 Aug 12
nowadays all the sites are scam and most of the tend to cheat.so its better to save and keep it rather than invest and look for more profits
@sjvg1976 (41134)
• Delhi, India
21 Aug 12
Hello divineathena, I am sorry even I too don't know any site where you can invest your money without a risk.I think these sites are least safe when it comes to investing money I have been doing online stuffs since more than a year but I never thought of investing money though I earn a little from online sites.
• Bangladesh
20 Aug 12
Hey brother, All I have learnt about internet bussiness is all money grabber laid thousands of traps to catch and extort your money. The best money making place for the money looters is internet. Here the scammer are not to encounter any responsibility, any deed on paper, any arrest or jail. And so you please dont invest a single penny in online bussiness. Very easy to earn while sleeping and without being cheated a little bit is to save a big amount of money in a reputed bank, who gives a good return, at the monthly profit scheme. May be they will give us a poor profit per month but its the reality of investment. And nothing more than it in anywhere in the world. Again and again and again and again and again, I would say never believe internet, never invest in internet. The amount mylot is paying is the real and true earning situation of total global internet real earning. Never get tempted to any big money in internet. I think this typa earning in internet is just the waste of time and energy. Apply your common sense anyway.
• Vietnam
21 Aug 12
ok, that is the question that many people want to know. no one cant say surely what site is legit forever. a high yield can be interesting but it is associated with relatively high risk. for instance, justbeenpaid have been a very famous sites but now it has problem with cash flow and many people have chosen not to invest in it any more...