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I need some suggestions to invest my money

Discussion in 'General Chat' started by directoryowner21, Apr 23, 2010.

  1. #1
    Hi,

    I have some money in my paypal account(XXX$). I'm a college student. I do not have a CC. What is the best way to invest this money? I heard forex trading is the best. Can you tell me some of the best trading sites where i can use Paypal as the payment method? Also, if you have any other suggestions other than forex, please let me know. Again, I'm not here to invest to earn mere 10-20$ per month(Referring to PTC sites like Neobux etc). I'm willing to take up some risks, provided i have a good amount of profit in it.
    SEMrush
    Thanks.
     
    directoryowner21, Apr 23, 2010 IP
    SEMrush
  2. miscsoft

    miscsoft Peon

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    #2
    ya forex is the fastest way to make money casue of the leverage they offer. but most probably you will end up losing all at the end of the day. not discouraging you, just being realistic.
     
    miscsoft, Apr 23, 2010 IP
  3. directoryowner21

    directoryowner21 Peon

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    #3
    Thanks for your suggestion. I really don't mind taking risks as long as there is a 50% chance of making some money out of it. I've done sports betting in the past. I'm sure forex won't be as bad as sports betting:)
     
    directoryowner21, Apr 23, 2010 IP
  4. prophet

    prophet Member

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    #4
    In my case, I invest in gold.

    The US dollar value of gold has almost tripled since 2005. It is not for the faint hearted though. Gold is a purely speculative, has a high-risk and can be a highly volatile investment. Over the next few years, it may fall as low as $500 an ounce or rise up to $2,000 an ounce. There is no clear cut way to know which it will be, that is investment right? Caveat emptor.

    Cheers,
    prophet
     
    prophet, Apr 23, 2010 IP
  5. directoryowner21

    directoryowner21 Peon

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    #5

    Thanks for the information. But i'd like to do everything online and through my Paypal account. I already told you, i do not have a credit card. I used a VCC to verify my Paypal.
     
    directoryowner21, Apr 23, 2010 IP
  6. TIRTH

    TIRTH Peon

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    #6
    Take some policies and invest in mutual fund,i think this is the better thing.
     
    TIRTH, Apr 24, 2010 IP
  7. accessa2007@gmail.com

    accessa2007@gmail.com Peon

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    #7
    invest in A- group stocks .
     
    accessa2007@gmail.com, Apr 24, 2010 IP
  8. directoryowner21

    directoryowner21 Peon

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    #8
    I'm a student. Policies and Mutual funds just go over my head.
     
    directoryowner21, Apr 24, 2010 IP
  9. China_girl

    China_girl Well-Known Member

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    #9
    I would suggest two things one for pleasure and other for business :)

    Pleasure :
    Play poker online :)
    Business :
    Buy some good high ranked (good backlinks) sites and start monetizing them.
     
    China_girl, Apr 24, 2010 IP
  10. directoryowner21

    directoryowner21 Peon

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    #10
    Playing poker? I've lost quite a lot in Poker, Sports betting already.

    About websites, i did thinking of buying one such website. But, i don't think i'll have much time to handle it. So, Forex is the one that has made me think so far. If anyone has any information of how safe Forex is, Please share it here.
     
    directoryowner21, Apr 25, 2010 IP
  11. tjsocr22

    tjsocr22 Active Member

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    #11
    I would try either doing some affiliate marketing or forex trading. You can also look into trading basic stocks online as well, some type of day trading.
     
    tjsocr22, May 3, 2010 IP
  12. Achiever

    Achiever Active Member

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    #12
    just see check all the security issue and then invest your money.
     
    Achiever, May 8, 2010 IP
  13. xfruit

    xfruit Peon

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    #13
    you could invest in forex as u already pointed out, deposit on the bank and see it grow or you could invest some into sites where you can earn money from people working for you. you can see more about what I'm talking about here ptcthatreallypay.webs.com/
     
    xfruit, May 8, 2010 IP
  14. Modular

    Modular Member

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    #14
    More than 95% of the traders in forex market loose their money. Trading IS NOT gambling or betting!
    If you want to make some money with forex trading you have to learn a lot of things, both on theory and practice. It took me more than 3 years of reading books and trading on demo account before opening a real one.
     
    Modular, May 9, 2010 IP
  15. lavangiriece

    lavangiriece Active Member

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    #15
    I suggest you to find some good niche ,,create a site and then spend some bucks on link building ,once you get some good pr,,,sell it :)
     
    lavangiriece, May 9, 2010 IP
  16. hardtosay

    hardtosay Peon

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    #16
    maybe can try forex
     
    hardtosay, May 9, 2010 IP
  17. extremepullups

    extremepullups Peon

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    #17
    forex is a good way or any other bank mutual fund
     
    extremepullups, May 10, 2010 IP
  18. MalaysiaFX

    MalaysiaFX Guest

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    #18
    This is forex :

    Let say you deposit $100 USD in Forex Broker Company that i use now.

    With $100 usd you have power leverage 1:500 maximum from the amount of money you deposit.

    You can trade lot size depend on your choose, start from $0.10 - $1 earn from 1 pips/point. The risk also the same... because forex is : Low risk = Lor return, High Risk = High Return

    :)
     
    MalaysiaFX, May 31, 2010 IP
  19. capstonic

    capstonic Active Member

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    #19
    Forex is good otherwise you can do some shopping and adjust this time in stock market.
     
    capstonic, Oct 18, 2010 IP
  20. NettyJay

    NettyJay Peon

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    #20
    Invest in property development....
     
    NettyJay, Oct 19, 2010 IP