Where to invest small amounts of money (monthly)?

I think the advice of investing in yourself is great. If you can teach yourself a various trade/skill then you will always be able to earn from it. Personally I only really get involved in forex with "play" money

 

$100 isn't enough to invest to have any kind of passive income. Even interest generated by a savings account is barely anything at all. You don't need to invest that into anything yet. Save as much as you can so you can make real investments into your side projects later or if you save enough, you can quit your job and try to build a business while living off your savings. Make sure you have about a 1-2 year cushion before you quit though. Stay liquid! Don't lock up your money in an IRA or mutual funds or anything where you can't touch the money until you retire. Stay liquid and save!

 

I would spend $100 to reduce my living costs like buying energy saving products for my house or buying a bike to reduce my transportation expenses.
This method may allow me to save more than $100 per month in the future.
Buying a site for $100 would increase my income but $10 extra monthly income wouldn't be worth my time and efforts.

 

Many men many mind and many choices. I think, Do that where you feel comfortable

 

Hello Sirvic,

Buy stock directly with Dividend Reinvestment Plans ("DRIPs") or Direct Stock Purchase Plans ("DSPs"). Most plans will require a $50 minimum investment. Look for no-transaction-fee plans, and research any companies that offer such plans. With these you don't have to deal with brokers (or pay their commissions) because you buy stock straight from the company.

Thanks,
Rajendra

 

Instead of just investing Money, if you spend some of your time, you can expect good returns.

 

I would like to suggest you to start working on developing application for buyer. You can make real money instantly by offering ur services online for other in which u r very good.

 

To make the best return on your small investment go here: http://sonwebhost.com/reseller.html

 

You may invest your time and money into your own website or a blog. Create a blog of your favorite niche and start posting in it. Slowly and gradually traffic to your blog/website will increase and you can start earning money.

 

I would like to suggest you to invest small capital on buying paid subscription plan of developing apps and make real money with developing apps and after completing apps published in Google play store. Through paid subscription plan you can develop apps in just one day without any coding skills. There is ton's of platform online which offering services like developing apps without any coding skills.

 

You can also invest money in domain name but you should have ability to value a domain name, you should predict future of domain name business.

 

Hello Sivric,

Like many people have said invest time and money in yourself by learning which is good advice. But i was too looking at investing money each much to make some money, and i've found something very good which is called viral angels, i pay in a monthly fee each month and receive allocation of shares. Had some fantastic return so far.

 

Have you looked into index funds (passive investing)? check out canadiancouchpotato dot com, still relevant even if you're not from canada

 

Welcome to Viral Angels Marijan Sivric,

Thanks for messages. If you want help and information just contact me.

Enjoyed the ride as they say !

 

If you do get a website and begin monetizing it. Don't forget about building your email list. This is one thing that I wish I would've started a long time ago. Everyone says the money is in the list.

I am finding that out to be true. Good luck with whatever you do.

 

Invest in Stocks if you know what you're doing. Learning may takes years.

For me, Stock market is not risky. http://www.updown.com/member/nagendra

 

Nobody before this mentioned about putting money into insurance-cum-endowment plan with monthly saving plan. I think this will yield very good returns with your intended $50 - $100 monthly amount. Cover yourself with some insurance plan, which a responsible young adult should do. (Well, I'm not an insurance agent).

Investing in your country's blue-chip stocks regularly in an averaging monthly manner is also a good option. In Singapore, instead of buying 1 lot of minimum 1000 shares, the authority has recently reduced to minimum 100 shares. (Well, I'm not a stock-broker).

As for investing on yourself in acquiring knowledge, you may take up free courses at coursera.org before paying course fee.


Bye

 

Talking about stocks - Did anyone tried to use Etoro? I personally didn't but it looks like it is good for newbies, since you can copy other people's trades...

 

Invest in a steady stock such as Johnson and Johnson. It pays a good dividend each month. Remember to keep reinvesting the dividends you get each month, if you do that you will be pretty wealthy.

 

I use eToro. Im not very active now, but for newbies is great, better if you study and keep everyday searching and investigating about where to invest. But now that im now using it, im copying 2 great traders.

I would like to know about how to invest with J&J. Where i can do that?
Thanks