What Can I Invest in to Make Money?
By Elizabeth Macauley, Janet Berry-Johnson, Gene Marks
Published October 15, 2018 | The Hartford, Small Biz Ahead Newsletter
After years of earning and saving money, you may be left wondering how you can increase your income further. Investing probably comes to your mind fairly quickly. After all, we’ve all heard stories of people making a lot of money off of the stock market. So how can you invest to make money?
You can consider different strategies, including the stock market, peer-to-peer lending, real estate investment, retirement plans, and even growing your own skills. With the right strategy in place, any of these options could springboard your income to a new level.
What Can I Invest in to Make Money Fast?
Sometimes it can take years for investments to pay off, making you feel reluctant to invest at all. However, don’t shy away just yet. There are ways to make money quickly by investing.
Some of these include:
- The stock market
- Trade commodities
- Peer-to-peer lending
- Real estate
- Investing in yourself
How Do I Start Investing With Little Money?
You can’t invest if you don’t have money saved. The first step in investing is saving money in an online savings account. You also should consider saving and investing in your 401(k) or retirement plan. You can use these accounts to make further investments later on.
After you have saved enough money, be sure you won’t need it in the future. Sometimes investments can go south. You’ll want to be prepared for taking a loss. Once you’ve done this, you can prepare to invest… [More]
To read the full article by Elizabeth Macauley, Janet Berry-Johnson, Gene Marks, visit: 5 Places to Invest Your Money