I have $200. What do you think should I do with it? Bank or invest online?

Philippines
August 3, 2010 4:18am CST
I have a lot of free time, and I can be online 8-10 hours a day. If you think I should invest it online, where exactly?
3 people like this
24 responses
@Luwiego (622)
• Israel
3 Aug 10
Hello damned_dle, i would invest thay money online. You can put your 200 dollars in bank and get percentage of that sum every month, and your much safer, very less possibility of scam. Cheers and happy myLotting !
2 people like this
@salam1 (1474)
• Malaysia
4 Aug 10
I agree with luwiego, also you can read about investing in gold. In this period of high inflation gold seems the best investment.
@puccagirl (7294)
• Israel
9 Aug 10
I heard about investing in gold, but I never managed to figure out if those things are a scam or not. Have you tried this yourself, salam1?
• Philippines
5 Aug 10
gold?? no idea about those. maybe I should start mining?
@diamania (7011)
• Netherlands
3 Aug 10
I would invest it in kooday. Crazy profits can be made there. Kooday members own keywords, purchases must be 15% more expensive than the previous price paid, keywords start at 10 cents. You also get profit share credits for every purchase.
1 person likes this
• Philippines
3 Aug 10
Have you? I haven't checked it out yet
@diamania (7011)
• Netherlands
3 Aug 10
Invested 5 dollars and it's over 25 dollars now and counting. ;)
1 person likes this
• Philippines
5 Aug 10
Have you cashed it out??? I did check KOODAY and have no idea what is going on there...
@browneyed (2522)
• United Kingdom
3 Aug 10
Rather than having to choose, why not bank half of it and invest the rest?
1 person likes this
@browneyed (2522)
• United Kingdom
3 Aug 10
What do you mean? You mean you now only have $100 left?
• Philippines
5 Aug 10
I mean I have about $400, and the $200 is already in the bank. Now for the rest, I'm thinking IF I will invest it or will just keep it in the bank too.
1 person likes this
• Philippines
3 Aug 10
That is already half.
• Philippines
3 Aug 10
You can invest them online but please be careful because there are a lot of scams out there. You could learn how to invest it in forex market or hyips site. I myself are investing online and is trying to see if the markets fluctuates or not.
1 person likes this
• Malaysia
5 Aug 10
Forex is good to make fast cash but it too risky..., you need to practice trade demo account for a year before can involve in forex trading..., HYIP is totally scam! do not join!
1 person likes this
• Philippines
3 Aug 10
You are doing forex right now?
3 Aug 10
invest it you join4adollar your 1$ will become 12$ in just one cycle.
1 person likes this
@myl999 (2093)
• India
3 Aug 10
am hearing about this program for quite some time but still not sure about this because previously joined a lot of programs and matrices and cyclers and all losses for me, there only the early birds get benefit and these programs ends as it appeared without leaving any clue where it gone...so can you share a little bit more..
1 person likes this
• Philippines
3 Aug 10
myl999 is right.
@kurumi (85)
• Singapore
17 Aug 10
you can try forex. Go to babypips.com and learn about forex. Open a demo account and practice your strategies. Then open a micro account and learn to trade with real money. Its risky, but no risk no gain. Also, you will already have learnt how to trade using your demo, plus you will also have learnt money management, so its worth a try. Seriously, with $200, its not worth keeping in a bank.
1 person likes this
• Philippines
17 Aug 10
Nice to hear you are doing good in forex! Goodluck!
@nobbsy123 (851)
• Australia
3 Aug 10
don't invest it online, unless you want to start your own business online. You can get a domain etc for alot under 200$ and hosting. I wouldn't invest it on anyone else's site that may be a scam invest it in your own thing that you have full control of. Hope this helps.
1 person likes this
@puccagirl (7294)
• Israel
9 Aug 10
I think this is really good advice nobbsy123! That is probably what I will do when I start investing a bit more. Do you happen to have any suggestions for the best and cheapest hosting? (and domain name)
@primeaque86 (8105)
• Philippines
4 Aug 10
It's P9,000 in our currency, of course it a big amount already. I am not sure if it is really good for you to invest that online, but when I have that money, I would rather put that safe on the bank. If you do work online, you need not to invest for it. There are so many online jobs that is free to join, so look for them. Keep that money safe, or else you would be scam here.
1 person likes this
• Philippines
4 Aug 10
Thanks I'll think about it... But I still want to invest it 70/30
@myl999 (2093)
• India
3 Aug 10
Decide very carefully because money once lost is difficult to recover its my experience till date I have earned a lot and invested the same to various program just because I was interested to know about programs and also wanted to make money but I lost more than $1000 during this trial and error and testing of various programs so would surely suggest be careful most of those high promising programs over the net are scams and some which seem very good are also not profitable so decide carefully.you can invest the sum in hyip sites which will get 1% everyday that is 30% per month but they involve high risk and all most all hyips are or will be scams after some time so you can lose money there so it will not be wise to invest there if you do not have right know ledge about how they work.Think ..think and think. The best part is you have good time and if you want to join multi level marketing pm me for more information I have a good program through which if you spend some time you will earn good money...It costs just $6 monthly...good luck.
1 person likes this
• Philippines
3 Aug 10
$1,000? That is a lot of money lost. ok I'll pm you.
• Philippines
3 Aug 10
put it in the bank. my advice is that you put in your Union Debit account. if you reached 10,000 Pesos, that's the time you will have interest but i don't know the percentage. invest? i don't know, if you're thinking of investing online, i strongly suggest, you can forget about it.
1 person likes this
• Philippines
3 Aug 10
hmmm. thanks for the advice, but the interest there will surely be small. well, better than to lose anything. I'll think about it!
@MDG2211 (711)
• Argentina
4 Aug 10
if that money does not need it, instead of having it stored in a bank, I invest. Since you spend much time working online, you should analyze it and invest in that site for those 200 to multiply a few times. I have already a list of sites that are legitimate and trustworthy, and some are classified as elite, so visit my profile these days because I'll be adding more sites where you can join and participate with me.
1 person likes this
@arahvma23 (269)
• Philippines
3 Aug 10
Woah! Do you really have $200?! Just give it to me! Hahaha... Just kidding! Well, if I were you, 70% would go to the bank, and 30% would be invested online. I am not very familiar which sites are good for investment. You might want to consider th other replies of our fellow MyLotters for that. Meanwhile, can you teach me how to get money like that?...I'm trying to bid for jobs online but I've only been successful once and it was just for $20. What should I do to get as high as $100?
• Philippines
3 Aug 10
I didn't get it online
• United States
4 Aug 10
I would put it in the bank, you might get a little bit of interest on it in the bank. Online investment is risky and you don't want anything really bad to happen to your money.
1 person likes this
@heavan (17)
• India
3 Aug 10
Keep that $200 in your in your bank account. And invest your freetime in earning more dollars online. This seems to be the best way. I wonder how can you invest $200 online . And what are the returns.
1 person likes this
• Philippines
3 Aug 10
That's what I am trying to find out too. LOL
@zed_k4 (17589)
• Singapore
4 Aug 10
If it were up to me, I'd just keep it in the bank.. interest might not be a lot, but to save like that is way safer than investing.. I think.
• Philippines
3 Aug 10
I think you should deposit it in your bank. damned_dle is right, investing online is very risky. You'll never know if it's scam or what.
1 person likes this
@sirzhang (229)
• China
3 Aug 10
Wow, so much a sum of money. Hehe. If I were you, I must invest it online. As for where, I am not sure. As long as flowing, money could be called money.
1 person likes this
3 Aug 10
investing online is very risky and therefore do not invest online. there are many scams. Deposit it in your bank account and save for a rainy day given the financial stability of the world we need to maximise our savings.
1 person likes this
3 Aug 10
Forget investing it online unless you want it to dissapear into thin air. You're better off saving it and putting it in the bank and anything else you make just put it in the bank and there will be no risk of it being lost or stolen.
1 person likes this
@deve_annrn (1856)
• Philippines
3 Aug 10
good for you... if you have all the luxury of time spending and earning online... well it might be good if you used it as an investment..you may try buy and sell products online...there are a lot of sites out there that caters such..i'm sure you know those sites because you spent most of your time online...good luck..=)
1 person likes this