How to invest $200 safely?
By cambiste
@cambiste (1244)
India
February 3, 2009 11:11am CST
I have about $200 in my account, and i feel its rusting there.
Is there any online (or offline) investment that will give a good return yearly on it?
6 responses
@Khayam (346)
• Romania
3 Feb 09
The volatility of the international economy would make me suggest to invest your money in real life opportunities not online ones. The main issue other people fail to underline is that when you invest in an online site, there is practically NO CONTRACT between you and that particular website. If something goes wrong (site goes bankrupt), you simply loose your money without any possibilities to get them back. In real life economy, there IS ALWAYS a contract between the parties, thefore you have at least an insurance of not loosing your deposits for good.
Although I have no idea how much the treasure bonds worth in your part of the world (here they cost around 100$/each) you can take this option into consideration. Usually their ROI is around 30-50%/year.
@cambiste (1244)
• India
5 Feb 09
Thanks. I understand about online investments - their addresses and contact info are usually fake or not a permanent one.
I'm not sure, but treasure bonds are usually issued only by the US-govt (am i wrong?) and take about 10 years to mature. Stocks may be a good option though. But i hesitate as the market is crumbling these two years.
Thanks again.
@shav9292 (928)
• India
3 Feb 09
i don't know much about investing but i think you shouldn't invest all your money at one place.
just divide it into different sites.even if some are scam at least you wont loose all the money.
but i have no experience in this one.just a heads up.
i really think instead of investing you should use it.
not trying to force an opinion or something its just my opinion.
anyway best of luck!!!
@minfas (878)
• Sri Lanka
3 Feb 09
If i am in your situation i would not invest it online, rather than that i might invest it on something else that is not online or keep myself to buy something. It has high risk investing online. There is high probability that you won't even get back the money you invested online.
@cpnarnaulia (350)
• India
3 Feb 09
You can invest in legit and trustable sites. If you interested then i can give legit and trustable sit list. But after investing you have to work hard then definetly you can convert it into big money. You can pm
@poolmaster159 (27)
• India
4 Feb 09
you should invest in hyip (high yield investing program)
the best one is youmilex . it nearly doubles your money in 1 month .
you should not invest all the money in 1 site but in 4-5 sites.
you should look at hyip monitors like hyip , hyiprating.
or you can read user who have invested in these hyip at hyip forum.
like glodtalk
@markbrauer16 (265)
• United States
3 Feb 09
You could invest that 200$ into a trusted site, I can give you a link to a good site if you add me.
When I get home I can send you the link.
