If you had an extra $800, where would you invest it?

Question

bills have been paid and in some cases, they are early. The money is from a retirement account that has already been taxed--so no penalties from withdrawal.

Answer 1

sounds as if this is the site you're looking for = check out their investment strategy - it's amazing

http://www.royalcrowninvest.net/?ref=the...

110% profit in 7 days

Answer 2

a high interest savings account, a CD, contact your bank.

Answer 3

oil futures

Answer 4

Prosper.com is a good place to invest I think. It has created a new asset class in my book.

Real estate

Stocks

Gov. Bonds

Corp. Bonds

Prosper.com (people bonds)

Average returns can easily be around 10% a year. This is a skills investment, You pick out loans to invest in and hope you get paid. But prosper.com runs credit checks on all of its borrowers and is your best way of weeding out bad loans.

Credit ratings

AA

A

B

C

D

E

HR

AA = 750+ credit score (great)

HR = 550 Credit score (bad)

Answer 5

For me, there's no such thing an " extra $800 ". Besides, at the rate things are going, it won't be long before gasoline will be costing me that much per month! Invest? How do you that...?

Answer 6

Silver Bullion

Answer 7

Let's see, there are some 4600 companies that sell for under $8 a share.  If I sift through for those with above average profit margins, that narrows to some 430. Supposing then that I pulled out just those who have above industry average return on equity, that is around 210. Checking out those with good earnings growth, there is a list (no promises, you've got to look things from here): Gulf Resources (GFRE), Ramtron (RMTR), China Housing and Land Development (CHLN), EXFO Electro Optical Engineering (EXFO), Healthstream (HSTM), or Marlin Business Services (MRLN),

One thing became abundantly clear when I started this exercise. Most cheap stocks are cheap for some really good reasons, they are dogs. If you think that a lot of these have fleas, you should have seen the piles I discarded for all the more obvious problems. Be careful.

Answer 8

bank it.  The way things are going you might need it.  $800 isn't that much to invest, but it can bail your butt out if something comes up where you need money.  Just consider it a cash cushion against financial disaster.

Answer 9

Frankly, $800 is so inconsequential that unless you're talking about randomly punting it into whatever takes your whimsy, the sensible option is naturally to either buy into some bonds with it or pop it into a savings account, or something with little risk.

That said, $800 is enough to make an investment in a quoted company, so that's an option if you're happy to risk a hit on that cash.

Answer 10

pay bills.