Hello friends, Can you tell me which is the safest way to invest $50.00 with good rate of interest after some time ? I use PAYPAL only.
Trust me friend and preserve those $50. In all my posts, I strongly suggest everyone not to invest money without having any proper knowledge. I can guide you with plenty of options but what's the point when you will not be able to get anything out of it. And to be frank, there is no easy way to make or replicate money in this world without taking any risks. Anyways, I see that you live in Ahmadabad (Gujarat). Why don't you put that money in NSC and you get it double in 5 years. As of date US$ is running at Rs. 50 which comes to Rs. 2,500 for $50 and if you put it in NSC, you get Rs. 5,000 without having to worry about anything. But if you still want to, let me know what best you know about interest and I will see if I can come up with some good idea for you. Hope that helps you friend.
I would suggest you use those money to the biz that you familiar with such as proxy or blogging. The easiest is setup a proxy coz its easy to maintain and promote.
Money management is so important for success. I remember the book 'Rich Dad and poor Dad' which laid emphasis on same topic. I also feel you should not invest those unless you are clear about what are you doing. Also your question feels little incomplete.
If you want the safest way of returns in India it should be Govt. securities or Nationalised Bank FDs, where the return would be little low, but total risk free.
I suggest before you spend the money, better you invest yourself with free knowledge first, which you can find all the infos that you need through Google. Keep / spend your $50 wisely.