What will be the best way to do inverstment online if you only have $100 USD for start up ?
@wildlittlefan (4680)
Hong Kong
December 27, 2016 7:15am CST
I heard about some kinds of money robot stuff online and of course they always claim that if you use them , you will earn big money in a short period of time. How ever, after you do more search on Google, you will quickly find that it is just a gambling game but not really an investment idea with things like that. You then will quickly lost lots of money and end up those people who made the robot is the one who earn big money from you. I don't wnat any thing to do with this but still looking for some solid way to do real invest online with just a limited capital for testing. If you have nay good idea, just share with us ? 
1 person likes this
1 response
@quickinstinct (432)
• United States
27 Dec 16
I wouldn't recommend gambling "games" as a way to "invest the $100" online. While I do play online poker, it's not an "investment" strategy.
Here are some more viable options perhaps:
- Invest the $100 in some no fee ETFs. It gives you broad exposure to the stock market and can be a simple buy and hold long term strategy. Banking institutions like Charles Schwab and Vanguard do these. I have a few from Schwab. Avoid individual stocks and stick to no fee ETFs.
- Open a low fee Roth IRA with the $100. Some companies do offer no minimum accounts and it can be a long term way to make a few bucks for your retirement or rainy day 20-30 years later.
- Buy some Bitcoin or Litecoin. Much riskier than the other two options.
All these options carry some risk because markets can be fickle but it's better than nothing. I'd recommend the no fee ETF route.
Note: I'm not a financial expert, nor is this financial advice.
