What Can I Invest in to Make Money?
Elizabeth Macauley, Janet Berry-Johnson, Gene Marks
After years of earning and saving money, you may be left wondering how you can increase your income further. Investing probably comes to your mind fairly quickly. After all, we’ve all heard stories of people making a lot of money off of the stock market. So how can you invest to make money?
You can consider different strategies, including the stock market, peer-to-peer lending, real estate investment, retirement plans, and even growing your own skills. With the right strategy in place, any of these options could springboard your income to a new level.
What Can I Invest in to Make Money Fast?
Sometimes it can take years for investments to pay off, making you feel reluctant to invest at all. However, don’t shy away just yet. There are ways to make money quickly by investing. Some of these include:
The stock market. You can purchase stock through a broker, a financial planner, or an online platform. One popular online stock buying and selling platform you can use is E*TRADE Financial Corporation. Sites like E*TRADE can assist you in similar ways as a broker.
Stock can make you money quickly because each share you buy represents a piece of a company. Companies then pay you dividends. These dividends are a part of the total profits for the company. In addition to this, stock can make you money when the per-share price increases. However, before you run out and quickly invest in stocks, you will want to learn the basics and set investment goals. You’ll need to decide how much money you are willing to spend. Typically, you’ll need to set aside at least $1,000 for your first investment.
Trade commodities. Trade commodities come in two forms: The first is hard commodities. These require mining or drilling to find metals or energy sources like natural gas. The second form is soft commodities. These can be farmed or grown. Examples include corn, wheat, or cattle. Both types of commodities in the market place are shaped by supply and demand. The more a supply depletes, the higher the price of the commodity. Read More
