online investing...

[Rouier]

i think this is the right forum for this..
it took me a while, but i have a few good places to park my cash.

these three worked for me:
1. http://www.yellowstones.net/home (best, easy)
2. foreign currency exchange (a lot of URLs, learning curve)
3. sitting on egold http://www.egold.com easy, but low return compared to #1 and #2

there is only one i tried that didn't work out too well, it was very very long term, it's called "Prosper" and it is people-to-people lending.

i was hoping we could all share what has and has not worked...

[Bong30]

Times are tough all over............ Glad you have all you need.


Park my cash.............. hahahahah I dont even know what that is.

[Big Calhoun]

If you have a steady job and can continually save money, it would probably be wiser to invest into a CD, IRA, or Money Market Account with your bank. They're usually FDIC insured so if you don't neccasarily have to worry about your bank running off with your cash.

An interest bearing savings account is also a good way to go, although you usually don't get the same type of return as the others. But at the same time, you have access to your money whenever without worrying about big penalities or outrageous minimum balances.

Gold is a decent investment and probably one of the most stable. However, I wouldn't use E-Gold... You'd probably be better off going to a coin shop and fhitting them up for information as to a reliable source.

Hobbies like coin collecting, stamps, baseball cards, etc. can be good secondary investments but much too volatile for primary. You have absolutely no guarantee that anything you have will go up in value. Although certain things will most likely will, it's hard to count on how much.

Depending on how much cash you can scrape together, just talk to your bank or an investment firm. I use Bank of America so I have most things with them...checking, savings, MMA, and an investment account. As a customer, I get access to their people for help and advice as to where to put my money. Although for stocks, I go it alone b/c I seem to make out better. Brokers usually have deals in the background so they try to push certain stocks.

And don't let the amount of money you have scare you away from an investment opportunity. When I first got in the stock game, I started with $1500 which I basically had to eat beans and rice for 6 months to save up. But money is money...they'll take what you have and help you get more. Also, don't forget to check if your employer has any type of savings plans or options to buy stock, and search around your area for an 'investment' club. These are ordinary people who pool their money together to invest in stocks or properties or whatever, and then share the profits according to how much each member has contributed...power in numbers!!!!

You have lots of options out there. Just do your homework first!

[Fattie]

damn that sounds like good advice, now i just gotta get some extra money. Ive seen some things on tv about sales for houses real cheap. I figure ill buy one, and rent it out. Sound good?