Where to invest my $12?

@swats89 (1729)
India
November 9, 2012 8:47am CST
Hi. Today I got my $12 from mylot and I am so excited. I want to invest this $12 in other site. So can you help me where to invest this money so I can get fruitful result of my $12. Cheers.
6 responses
@varier (5685)
• Indonesia
10 Nov 12
When you about to start to invest your money, you'll need to understand the risk. Always remember the golden rule: don't invest what you can't afford to lose. Almost all "online investment" are just using ponzi scheme, so I won't recommend it at all. So far, I think only Forex trading is the best, since it's reliable, and you can control the risk. But you will need to have bigger capital, and some skills as well. How about use the money to invest on real sector, such as selling something?
@varier (5685)
• Indonesia
10 Nov 12
All of those three are HYIP. Honestly, you can't rely on those sites much. Once they get no new investors come, they'll turn scam in just overnight. It happens to much sites before. When they said they are different, actually lots of HYIPs site said that they are different, but in fact, they are not. Better learn from another people's bad experience.. But if you are ready in risking your money, then feel free to go for it..
@airasheila (5454)
• Philippines
9 Nov 12
hi there, first of all, i want to congratulate you. with that of your query, perhaps, try to dig a more reliable site where you can do invest your fund. just try to check it thoroughly to avoid being scam. all the best for you.
@swats89 (1729)
• India
10 Nov 12
Hi. You are right that too earn big an invest some money. But for now money is auto withdrawn to my bank account so for next time I can invest. Cheers.
9 Nov 12
I'd save it for now, but if you reall want to invest it, I'd buy some cheap stuff - maybe from a charity shop or a car boot sale - and list it on eBay. As long as you've got a reasonable idea of the market, you can get a decent return. Don't trust those sites that promise you loads of interest in a short space of time - they're cons, just the latest version of the old pyramid racket.
@ramiuniq (56)
• India
9 Nov 12
Hi, My advice to you is that, keep it in your account and do other work to earn more.Most times you pay sites that promise you more money...you end up getting scammed. The best way to earn is without any prior investment ,just for your hard work. Congratulations on your earnings from Mylota nd hope you use it wisely:)
• United States
9 Nov 12
I agree. Paying a site in order to earn money from them sounds like a scam-in-the-works. Kinda like that Nigerian email... lol!
@auwielady (116)
• Philippines
9 Nov 12
Wow! that's really cool! Is that your first from mylot? I'm so excited to get mine! I must press on with this! :) When it comes to your inquiry, probably you should think about it first. Not all websites can be trusted just like mylot. If I were you, I guess I will just keep it in the bank first for future use I guess. That's the safest place for your new invest as of the moment. That's only my opinion though. :)
@swats89 (1729)
• India
10 Nov 12
Hi. Thanks for your response but my money is auto withdrawn in my bank aacount. Cheers.
• United States
9 Nov 12
With such a small amount (as opposed to thousands!) I think that the best way to make it grow would be to find a deal on something people want and sell it to them for a higher price. For example, if you know someone nearby or online who is selling iPhone cases, these are really popular these days...if you found a dealer who gave you a deal for buying several of them, you could increase the price and sell them on eBay, Craigslist, or locally. Or you could go to a junk yard and fill up a bucket of pieces from the cars. This usually costs about $10. Know what you're looking for...you could do some research online first to find out which pieces are the most expensive. I have heard of some guys getting buttons, covers, and other random pieces from the junkyard for only a few cents each, then cleaning them up and selling them online...sometimes getting $50 for one piece! Car parts are really overpriced, so you might actually be getting them a deal compared to what they might pay by ordering from the dealer. I wish I felt comfortable to go through the junkyard so I could do the same! :) However, with this system, there is always more risk than putting your money in the bank. You might buy a product that no one wants, or not be able to sell it for a large enough amount to make a real profit. But, at least you can learn something! Best of luck and congrats on your payout!