i want to invest my 8$ but where help me!!

@kunal420 (161)
India
January 23, 2010 2:17am CST
i want to invest it to increase my earnings
6 responses
@dksemke (66)
• United States
23 Jan 10
The type of investments you make depends in part on your age. If you are under 45, you will still be working and earning more, so you can afford to take more risk. Risk brings with it the possibility for greater earnings, but can also go the other way. The current economy has changed investment strategy a lot. All the Boomers are getting out of the market and are going for things like tax free muni bonds. Their flood of the market has lowered the interest rates to around 3%. I have been investing for my father who is 87 and at that age, lower risk is wise. The tax free muni bonds have been great and he pays no tax on considerable earnings. Tax free bonds or bond funds are more important to higher tax bracket people. If you are in the lowest bracket, you can earn more with taxable bond funds. Franklin Templeton has some great bond funds. Nuveen has some good tax free muni bond funds. Make sure you get into a fund that has bonds in other countries, like Canada. Don't invest in anything long term. You want short to intermediate duration investments since we have no idea what is going to happen and you could have money tied up at a lower rate and not be able to move it. I'd stay out of individual stocks right now. Mutual Funds can leverage earnings against losses to create better average returns. Funds are a good way to invest with only 8 grand. Plus, you can add to them in increments as money becomes available to you. The days of double digit earnings are long gone, so check into the companies I've told you about. Their people will guide you. And...you are right to invest. Don't work for your money - let your money work for you...right?
1 person likes this
@ucl800 (860)
• Greece
4 Feb 10
I propose to avoid HYIP programs. They are most of the time scams
@SQD444 (678)
• India
25 Mar 10
hi there... you are right most of the hyip are scam many who are paying right now also turn scam after some time when they get a lot of investments from different people///
@alfroi635 (299)
• Philippines
26 Jan 10
Me too my friend, i have 8.86 dollar in my paypal account. is it possible that we my lotters will combine our little money and invest it in a very stable site? like neobux. the golden membership is $50. I always used to think this that if somebody who will combine their money to invest at neobux, we would really have a profit. But i dont know how to start this idea of mine
@kunal420 (161)
• India
26 Jan 10
well i don't have any problem in combining our earning to earn more provided that u are not fake can i trust u
@siliguri (4242)
• India
25 Mar 10
If you have better knowledge about the stock market then i suggest you to make investment there only...If i have a that money i will go for this only..
• India
29 Jan 10
Investing in "GeniusFunds" is good decision. There are providing different plans ranges from 10$ to 300$. The interest rates they are paying was 1 to 1.9% per day, 6 to 9% per week and 14% to 25% per month.
@slovenc1 (2091)
• Slovenia
24 Jan 10
I have the same problem. I have 9$ and i wanted to invest into renting refs at upbux but i wasn't sure if they are bots and since the site was in maintenance and they are still doing something with referral sector i am not that sure anymore. If you find something good pls tell me. Good luck!