Lending money - a good investment?

My mom is lending money too. But only to people she trusted and only a small amount. It's difficult to trust a big amount of money to someone. Some people are just lucky with business but I don't know whether investing on their business would be good. It's better to put up your own business that entrust your money with someone. She will make money from your money while you get only a small percentage. So I would say save up some money and put up a small business.

Yup!Lending is a good business, my friend. Because many people today need money and what they just run was the lend money from their friends, relatives or the lending agency...

No one can tell if your friends mother is a good investment unless they investigate it themselves! I invest in myself. If that means I find a good business and have the start up money I've been known to take on the challenge. If believe it will be loosing money I will drop it and drop it fast!

Being careful with whom you loan money and how much I guess you can get a reasonable return in the long run. It's a risky option and profit isn't never immediate or even soon, but with big amounts involved it's possible to make a nice margin. Also it's needed a lot of money to begin with. I would not do that, I prefer safer investments if I had any surplus. But very good for she that seems to know the business very well.

I don't know. If she is charging very high interest it could be illegal. Does she have a license to lend money, like a finance company? If it's not a licensed company I would steer clear of it.

Hi champoy,i can say that lending as business depends on the person managing it. Cousin and I used to lend money before as our business but my partner left me pennyless. I wasn't here before when the business is on going so she made her way to"my money".She told me all the people who got the money didn'y pay and most went abroad.Good thing we just started then and the money i gave isn't that much to make me freak out and sue her. In other case,my friend is also in this kind of business and i can say that she is doing it well.Maybe because she is the one to really supervise it and look after it.Unlike with mine. If i will be given a chance to start a business again,maybe i can try farming or raising hogs.We have a lot/farm nearby and as of now my father is the one doing it but since fund is not much we can't raise the quantity of crops they have now.

Oh... So she is making money by collecting interest on the amounts that she hs lent. That is awful bad... In my country, it requires a legal license to practise this trade. If I had millions then I would keep it in my bank account and let it grow by the interest from the bank. I would not live on the interest from the poors ... :(

Money-lending is not a business that I would like to be involved in. Here in the UK there has been problems and bad press about unlicensed money-lenders who charge extortionate rats of interest, and it is not a reputation that is to be admired. I would never go to a money lender only to my bank or other well-known financial institution if I needed to borrow money and in my mind, if I cannot afford to buy something, then I let it go until I have the money to buy it.. I would only invest money in solid investments that I know will give me a profit - there are many investments out there, where I could lose money, and in view of the all the problems of the world, in my mind, it is not worth the risk. People who get very rich, seem to have other, often more serious problems, if only it is a constant worry that their wealth is not going to last.. And it isn't because nothing on earth really belongs to us, as one day, it is certain that we are going to leave it all behind.. We never know when that day will arrive, so fretting over getting very wealthy, seems a little futile to me... Don't be jealous, life it too short.. _Derek

hi champoy, Here in our country, many people make a living by lending money and puttig a big interest on it. I overheard many people say that it is bad because it is like taking advantage of people. Actually, I am thinking of putting my money in investing it into a house for rent business. I like to help people who don't have their own house and lot to have a house which they can pay for a monthly basis.That is also the business of my older sister and I think it is much better than lending money and asking double or triple interest on it.

I'm not sure if lending money is a good investment. If you can make sure that everybody pays back what you lend them, then maybe. This means you only lend to people who are not desperate. That if in a bind they have something to pay with. I think if you have money, you could put it in business. Something that you have passion for. That would be the best investment.

Lending money has always been here being utilized to make profits and as investments. Banks and cooperatives use this strategy. Many of such kind of ventures are good investments, but of course, there are some which wasn't able to sustain. I think that you can really earn big in a lending business, however, such business requires you to be critical of to whom you will lend your money. Many banks closed because those who borrowed money from them wasn't able to pay. That can be the risk and downfall of such a business. So if your mother have a nice record of good credit paying clients, then that business will surely be profitable indeed! Maybe I can try to invest in your mother's venture too. I need some to diversify my investments and that lending business of your mother can surely give me another good option and new look at investing.

I think lending money may be a good way to plan the way to buy some thing or to raise money.But if you trust this way to be eager to make money,it may bring you some trouble.Tht risk is much bigger than other ways.

I have heard of this kind of business but at the same time it is risky also as the money lended has to be taken back also, so you just cant lend money to anyone..In this tyoe of business they lend money and charge some interest to the person depending upon the payback duration just like bank loans.. I personally like to keep my money in bank..earn interest, readily available, and safe too..

If i had money i would invest these in buying houses and rent these.But it needs a geat deal of money to do such investments.

Lending money without a valid license is illegal in my country. Still people do it privately and here we call it 'shark loan'. The lender will impose high interest rate. If the borrower can't meet the monthly payment then the lender will send thugs to harass the borrow until they pay up. It is a high risk business and don't think would do this sort of business even when the returns are good.

Hi Champoy, your friend's mother is not lending money. She is investing, and that is a different matter from lending money at all. If you lend money, and charge an interest, you will earn only when the person you lends return you the money with interest. if you invest in a business, you can get many times the profits. For example, someone needs money to start a business. You put in a thousand dollars, and other people put in the same amount. When the small business becomes big business, and the owner lists the company in the stock market, you can make a few million dollars. That is how the rich people get rich. But most people do not dare to do this. They are afraid that a business failure can wipe out their life saving. That is why you must choose the business partner very carefully. Make sure it is someone who knows about business, and very determined to success. If you lend money to gambler, or people who play in the stock market, you are not going to see the money again.

Hi Champoy... All is can say is.. big NO!!! Not unless you can find a way to insure your lending money... or... if you have a great and nasty collector like Citibank has hahahahah!!!! I have lost my money thru lending champoy thats why.. i'd rather not. I have confided this to my friend priest and he said... if ever you intend to do a business, make sure that there is a visible product not a liquid one. I lost so much... and to make it worse, those who borrowed are nowhere to be found.

Hi! Here such a money lender we call them "Loan Shark" where they implied high daily interest. And they will force you to pay back everyday or every week. Many people have been fall into such a trap and if they cannot pay back on time, they will be threaten either they splash red paint at their house or paste poster or write something bad about the borrower. We all here hate them so much. But if your were to on their site, and on the investment site, of course that is really a good money, imagine you can double up or triple up your money within a short period, where else you can find that amount of money in a short period?

I'm sorry to leave, but I do not like so much the people who lend money. Although not questioning the fact that they are honest people, here in Italy they are not well regarded. This happens because there are people called "loan sharks" who ask something like 1400% the amount paid. I know that this is not your case, but maybe if I were you I study an alternative method to earn.

I'm mot interesting to invest in that way, lending money is very risky investment. I prefer to invest in another field like forex.