I have $7 - Where can I invest it?

Philippines
July 6, 2010 4:40pm CST
Please don't laugh. I know this isn't much to start with but I think you guys can give me an idea on where I can grow my $7. This is the most that I will risk at this time. I'm open to all sorts of suggestions. As much as possible, nothing that will require a monthly fee. Or if it does, it should be something that will earn me as much as what the monthly fee will ask. Let me know if there's such a thing. Thank you guys so much!
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6 responses
@o0jopak0o (6394)
• Philippines
7 Jul 10
i would suggest to add a little more to that $7 and invest in stocks.
1 person likes this
• Philippines
7 Jul 10
I don't understand stocks enough to invest there yet. But thanks for the suggestion. :)
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@maezee (42237)
• United States
6 Jul 10
I would love to discourage you from investing in any type of short-term "high yield" (quote unquote) investment programs. They are too big of a risk. Instead of doing this, why not open a savings account at a local bank and let it sit? Throw a couple bucks in there here and there, and before you know it, you'll have a nice little stash of rainy day money to spend should you ever need it.
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• Philippines
7 Jul 10
Glad you mentioned those. They're terribly inviting aren't they? It will be hard to let the $7 sit. It won't really go anywhere. Not in a bank it won't. Oh money.
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@jane239 (521)
8 Jul 10
Looking on eBay for stock is a good option. I've brought job lots of 100 items for a few pounds before now. If you do spend on eBay then make sure you choose your stock carefully and find a cashback site where you can get some cashback on your purchase as well.
• United States
9 Jul 10
try matrixdoubler.com . The cost is only 6.00. Then till your balance reach $12 which is in a short time period. you cash out $12.00. And, reenter again with $6.00 and repeat the process.
• United States
10 Jul 10
I am the owner of the site. It's new with only 7 members. the 1st one has been paid. aand he re-enter again. if you join now. you at on the top and make money faster. you can contact personally if you want. I want to establish trust and make my name on the net. It's not a big world after all
• Philippines
11 Jul 10
How does this work by the way? Do you invest the money somewhere too?
• Philippines
10 Jul 10
Have you tried the site? I visited the website and it really looked dubious to me. Please let me know if you've been successful with the site yourself.
@ip5217 (1655)
• Philippines
6 Jul 10
I suggest you try to look for items below $7 (including shipping) in eBay. Then, you can resell it for a higher price. Who knows, your item might end up at good price.
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• Indonesia
7 Jul 10
it's so difficult to invest with $7. if you know or understand little of science marketing, as small as possible with the money that you can get a mansion. amazing? then how? i think you can buy an item that ccheaper than your money. example, you can buy unique pencils that price is $3. and then, sell the pencils to a child with prices $4. then you will gain $1. the more you sell, more profit you will be. and if that enough capita you have,you can invest with forex/stock. and it's all just my opinion.even me, untill now only generate $20 since one year ago.
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