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Stock market is really bad. Where is a good place for making quick buck?

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Stock market is really bad. Where is a good place for making quick buck?

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  1. If you understood the stock market, you could make money in it.

    Experienced traders/investors make money in both good and bad markets.


  2. stock market is not bad... many have minted money... try to get get much more knowledge about that... :)

  3. There are some really good microcredit sites such as Kiva.org or Prosper.com.  These sites essentially function like banks.  Banks take consumer deposits in the form of checking, savings, CDs, etc and aggregate them.  These reserves inform the federally mandated reserve requirements of the Fed.  These microcredit sites allow individuals to lend to different demographics based on ratings.  They have their own credit rating systems (the way the greater public has FICO) and allow you to make an informed decision on who to lend to.

    Kiva.org

    You can set up an account and lend money to entrepreneurs in third world countries.  This process allows you to earn much higher returns than corporate debt with similar risk.  In addition, you will be putting first world capital to work in ways that is conducive to global growth and socially minded investing.

    Prosper.com

    Allows you to lend on a personal basis to people all over the country (i am not sure if it extends beyond the US).  You can lend your money to people who may need it to pa off credit cards or help with monthly finances.  Once again, you will earn decent returns with a socially minded twist.

  4. People out to make a quick buck almost always lose.  Informed  long term investors usually make good money over time.  Just like life!  The people who study and learn do well, those looking to shortcut the process lose.

  5. Stock market and quick buck should not be used in adjacent sentences.  Stock market is for long term investing. Average joe traders with average joe accounts won't win the short term game.  

    If you want quick - try roulette or craps.

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