Do you know any good money investing sites online?
By athinapie
@athinapie (1150)
Philippines
March 4, 2009 7:08pm CST
Hi there! I am interested in investing money online. Do you think this is practical? Do you know any good online investing sites that are trustworthy and not a scam that also give you good returns? I hope that you could help me out with this. I am really interested. And please do share your tips with regards to investing online. Thank you.
1 response
@the7elements (49)
• United States
5 Mar 09
Um. Avoid all HYIP programs. They're all scams. That much I know. Investing online is far more risky than your typical investments. If you have a sizable amount of money to invest then your best bet is to talk to a finacial planner or someone knowledgeable in investments. Not someone online who has a fake website that looks real.
And as far as good returns, they really don't exist. because if they did, everybody would be doing them. And we'd all be out of the recession by now. ;)
Your best bet is to stick it in a money market program at your bank or another program that requires you to invest so much and wait X amount of months to touch it. That way, you know exactly what you're getting, where it's coming from, and that it's just about guaranteed.
