Question:

How to invest little saving profitably?

by  |  earlier

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I have little savings and want to inevst profitably but don't know any part time side business. Can anyone tell me to start any part time activity to increase my income instead of lying money idle? Moreover i don't rely on online business so give me suggestion besides that.

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  1. PLEASE RESEARCH PROJECT PAYDAY AND SIMILAR "INCENTIVE FREEBIE WEBSITES" THOROUGHLY.

    MANY VIEW THESE TYPES OF "JOBS" AS A SCAM.

    (interesting, that the person who left the Project Payday reply has now deleted it)

    Technically, you should never have to give money to get a job.

    So, all I am saying is just do your homework.

    Also, I am not understanding your question.

    Are you asking how to make money part-time or how to invest your savings?

    Thanks and good luck !


  2. I recommend an online brokerage firm that has good beginner qualitys {like tutorials or an easy to understand set up}, i use zecco, better then schwab, etrade, etc. they are the only ones with free stock trades, no minumums..all the others will charge you fees for trading, but compare and see for yourself. Good luck and happy investing!

    http://friends.zecco.com/r/a7a2877caab81...

  3. You can mak emoney from various investment opportunities. Select an opportunity that suits you well. There are investments like stock trading, mutual funds, insurance and commodity trading etc.

  4. mutual funds and bonds depending on your risk tolerance.

  5. You could open an account at a brokerage firm and invest in stocks or mutual funds.  If you're looking for the possibility of higher returns, go with stocks.  If you want something less risky, look into mutual funds.  I currently use Firstrade ( http://www.firstrade.com/ ).  They're a great online brokerage.  They're cheaper than big name brokers like Etrade, Scottrade, Ameritrade, and Schwab.  Plus, you don't have to sacrifice anything for the lower price.  On the other hand, if you use Zecco, you have to deal with horrendous customer service and a complicated website.

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