November
9 - 2018
piggy bank

10 Smart Investment Opportunities to Generate Extra Income

Do you work for money, or does your money work for you?

Here’s the thing: your money isn’t doing much for you if it’s just sitting in a standard bank account. It’s not accumulating or growing in value at all. But, it can be if you put your money in the right place by investing.

Investing allows you to turn the little bit of savings you have now into a more valuable amount of money. There are some investments that are better bets to take than others. But, they all have the potential to give you more in long-run returns than the money you initially put into an account.

The trick is to find the right investment opportunities for you and to be smart about how you handle your purchases, trades, and sales of these investments.

piggy bankIf you’re not sure what you should be investing in, check out these ten options.

  1. Personal Finance Apps

Personal finance apps are one of the easiest ways to start investing. They help you make more money in small, simple ways.

One personal finance app rounds up on every purchase you make, then put the difference in a savings account for you. They take the extra 23 cents you wouldn’t have thought twice about on a purchase of $5.67 and save it for a rainy day. Over time, these savings can significantly add up.

Another app can help you get more cash back on everyday purchases that you make at places like the grocery store and the gas station. If you’re not doing cashback credit cards already, this is a good way to understand how such a system works.

There are many more personal finance resources out there to help you better spend your money. They can help you understand and gain confidence in investing to take on the bigger investment opportunities on the rest of this list.

  1. Peer-to-Peer Lending

When was the last time you loaned someone money? Have you ever thought about asking them to pay you back a little more than you loaned?

That’s the basic way that peer-to-peer lending works. It’s an investment and loan system that cuts out banks and lets regular people handle their financial responsibilities.

As an investor, peer-to-peer lending allows you to accept loan applications from people who need a bit of extra money. You then set an interest rate on the loan, establish a contract, and wait for your returns to roll in. It’s that simple, and, it’s nice to know your money is helping someone who needs it.

  1. Startups and Small Businesses

Speaking of helping those who need money, you may want to get into business investing. This creates all kinds of opportunities for you to do more with your money.

You may choose to buy stock in a company, set a fixed contract for your investment to be returned with interest, or buy a piece of the company to become a partner.

The way you invest depends on what you’re looking to get out of a business deal and what a business’ owners are looking for. But, it’s still a great way to help make the dreams of entrepreneurs come true and make more money for yourself.

  1. Real Estate

Another investment opportunity worth looking into is real estate.

This is one of the best assets you can ever have. Although the real estate market does have its ups and downs, it is always bound to go back up at some point. You can play the long game with real estate or choose to focus on flipping houses and investing in fixer-uppers.

  1. Stocks

There’s nothing wrong with choosing the traditional investment route if you’re not sure what to do with your money. You don’t need to buy a huge amount of stocks to be successful with this kind of investing. You can start small and work your way up to higher-priced stocks and buying more shares.

Not to mention, you don’t have to do it alone. There are many stock reports and resources out there to help you every step of the way. These include everything from news articles and stock trackers to money morning calls.

  1. Penny Stocks

Penny stocks are like the small fish of the stock world. They’re more accessible to people with small amounts of investment money. But, they can still offer big returns if you use your money wisely.

Take the time to look into this investment tool if stocks are what most interest you.

  1. Forex Trading

Some people make the mistake of thinking that Forex trading is a form of purchasing stock. It’s actually a form of investing in which you buy and sell foreign currency.

Forex trading allows you to make more American dollars by leveraging the opportunity to buy foreign currency at a low rate. You can then turn around and sell it when the rates rise, which is how your returns are made.

  1. Retirement Investing

Some investments take longer to cash in on than others. But, that doesn’t make them any less valuable. Such is the case with retirement investing.

It’s never too early to start saving for retirement. You can open a separate savings account with a fixed interest rate then let your savings add up over time. They won’t multiply too quickly, but once 20-30 years pass until you retire, you’ll have a pretty good amount of money to enjoy.

  1. Employer-Matched Retirement

You don’t have to save for retirement all on your own. It’s worth looking into opening a 401k plan with your employer. This allows you to basically double your retirement savings!

You set the amount of money you’d like to put aside each month or each paycheck. Then, your employer doubles the total amount by matching the number you plan to set aside.

  1. A Roth IRA Account

The final way to invest your money right now is to set up a Roth IRA account. This is another form of retirement saving that not many people are aware is available to them.

A Roth IRA account allows you to set aside money that has already been taxed. It’s basically like taking your tax return and other non-taxable resources and putting it aside for later. When “later” rolls around and you decide to retire, you can use every penny of a Roth IRA account instead of having to file taxes for it.

Making the Most of These Investment Opportunities

It’s one thing to understand what kind of investment opportunities are out there, and another to identify the ones that make the most sense for your financial situation.

Take the time to weigh the pros and cons of each investment style. Don’t try to do all of them at once. Rather, pick out one or two that you’d like to put your money into then go from there.

If you’re looking for ways to make more and save more from a business perspective, click here.

 

10 Smart Investment Opportunities to Generate Extra Income

Do you want to have a passive stream of income accumulating in the background? If so, here are 10 smart investment opportunities you need to know about.

Do you work for money, or does your money work for you?

Here’s the thing: your money isn’t doing much for you if it’s just sitting in a standard bank account. It’s not accumulating or growing in value at all. But, it can be if you put your money in the right place by investing.

Investing allows you to turn the little bit of savings you have now into a more valuable amount of money. There are some investments that are better bets to take than others. But, they all have the potential to give you more in long-run returns than the money you initially put into an account.

The trick is to find the right investment opportunities for you and to be smart about how you handle your purchases, trades, and sales of these investments.

If you’re not sure what you should be investing in, check out these ten options.

  1. Personal Finance Apps

Personal finance apps are one of the easiest ways to start investing. They help you make more money in small, simple ways.

One personal finance app rounds up on every purchase you make, then put the difference in a savings account for you. They take the extra 23 cents you wouldn’t have thought twice about on a purchase of $5.67 and save it for a rainy day. Over time, these savings can significantly add up.

Another app can help you get more cash back on everyday purchases that you make at places like the grocery store and the gas station. If you’re not doing cashback credit cards already, this is a good way to understand how such a system works.

There are many more personal finance resources out there to help you better spend your money. They can help you understand and gain confidence in investing to take on the bigger investment opportunities on the rest of this list.

  1. Peer-to-Peer Lending

When was the last time you loaned someone money? Have you ever thought about asking them to pay you back a little more than you loaned?

That’s the basic way that peer-to-peer lending works. It’s an investment and loan system that cuts out banks and lets regular people handle their financial responsibilities.

As an investor, peer-to-peer lending allows you to accept loan applications from people who need a bit of extra money. You then set an interest rate on the loan, establish a contract, and wait for your returns to roll in. It’s that simple, and, it’s nice to know your money is helping someone who needs it.

  1. Startups and Small Businesses

Speaking of helping those who need money, you may want to get into business investing. This creates all kinds of opportunities for you to do more with your money.

You may choose to buy stock in a company, set a fixed contract for your investment to be returned with interest, or buy a piece of the company to become a partner.

The way you invest depends on what you’re looking to get out of a business deal and what a business’ owners are looking for. But, it’s still a great way to help make the dreams of entrepreneurs come true and make more money for yourself.

  1. Real Estate

Another investment opportunity worth looking into is real estate.

This is one of the best assets you can ever have. Although the real estate market does have its ups and downs, it is always bound to go back up at some point. You can play the long game with real estate or choose to focus on flipping houses and investing in fixer-uppers.

  1. Stocks

There’s nothing wrong with choosing the traditional investment route if you’re not sure what to do with your money. You don’t need to buy a huge amount of stocks to be successful with this kind of investing. You can start small and work your way up to higher-priced stocks and buying more shares.

Not to mention, you don’t have to do it alone. There are many stock reports and resources out there to help you every step of the way. These include everything from news articles and stock trackers to money morning calls.

  1. Penny Stocks

Penny stocks are like the small fish of the stock world. They’re more accessible to people with small amounts of investment money. But, they can still offer big returns if you use your money wisely.

Take the time to look into this investment tool if stocks are what most interest you.

  1. Forex Trading

Some people make the mistake of thinking that Forex trading is a form of purchasing stock. It’s actually a form of investing in which you buy and sell foreign currency.

Forex trading allows you to make more American dollars by leveraging the opportunity to buy foreign currency at a low rate. You can then turn around and sell it when the rates rise, which is how your returns are made.

  1. Retirement Investing

Some investments take longer to cash in on than others. But, that doesn’t make them any less valuable. Such is the case with retirement investing.

It’s never too early to start saving for retirement. You can open a separate savings account with a fixed interest rate then let your savings add up over time. They won’t multiply too quickly, but once 20-30 years pass until you retire, you’ll have a pretty good amount of money to enjoy.

  1. Employer-Matched Retirement

You don’t have to save for retirement all on your own. It’s worth looking into opening a 401k plan with your employer. This allows you to basically double your retirement savings!

You set the amount of money you’d like to put aside each month or each paycheck. Then, your employer doubles the total amount by matching the number you plan to set aside.

  1. A Roth IRA Account

The final way to invest your money right now is to set up a Roth IRA account. This is another form of retirement saving that not many people are aware is available to them.

A Roth IRA account allows you to set aside money that has already been taxed. It’s basically like taking your tax return and other non-taxable resources and putting it aside for later. When “later” rolls around and you decide to retire, you can use every penny of a Roth IRA account instead of having to file taxes for it.

Making the Most of These Investment Opportunities

It’s one thing to understand what kind of investment opportunities are out there, and another to identify the ones that make the most sense for your financial situation.

Take the time to weigh the pros and cons of each investment style. Don’t try to do all of them at once. Rather, pick out one or two that you’d like to put your money into then go from there.

If you’re looking for ways to make more and save more from a business perspective, click here.

 

10 Smart Investment Opportunities to Generate Extra Income

Do you want to have a passive stream of income accumulating in the background? If so, here are 10 smart investment opportunities you need to know about.

Do you work for money, or does your money work for you?

Here’s the thing: your money isn’t doing much for you if it’s just sitting in a standard bank account. It’s not accumulating or growing in value at all. But, it can be if you put your money in the right place by investing.

Investing allows you to turn the little bit of savings you have now into a more valuable amount of money. There are some investments that are better bets to take than others. But, they all have the potential to give you more in long-run returns than the money you initially put into an account.

The trick is to find the right investment opportunities for you and to be smart about how you handle your purchases, trades, and sales of these investments.

If you’re not sure what you should be investing in, check out these ten options.

  1. Personal Finance Apps

Personal finance apps are one of the easiest ways to start investing. They help you make more money in small, simple ways.

One personal finance app rounds up on every purchase you make, then put the difference in a savings account for you. They take the extra 23 cents you wouldn’t have thought twice about on a purchase of $5.67 and save it for a rainy day. Over time, these savings can significantly add up.

Another app can help you get more cash back on everyday purchases that you make at places like the grocery store and the gas station. If you’re not doing cashback credit cards already, this is a good way to understand how such a system works.

There are many more personal finance resources out there to help you better spend your money. They can help you understand and gain confidence in investing to take on the bigger investment opportunities on the rest of this list.

  1. Peer-to-Peer Lending

When was the last time you loaned someone money? Have you ever thought about asking them to pay you back a little more than you loaned?

That’s the basic way that peer-to-peer lending works. It’s an investment and loan system that cuts out banks and lets regular people handle their financial responsibilities.

As an investor, peer-to-peer lending allows you to accept loan applications from people who need a bit of extra money. You then set an interest rate on the loan, establish a contract, and wait for your returns to roll in. It’s that simple, and, it’s nice to know your money is helping someone who needs it.

  1. Startups and Small Businesses

Speaking of helping those who need money, you may want to get into business investing. This creates all kinds of opportunities for you to do more with your money.

You may choose to buy stock in a company, set a fixed contract for your investment to be returned with interest, or buy a piece of the company to become a partner.

The way you invest depends on what you’re looking to get out of a business deal and what a business’ owners are looking for. But, it’s still a great way to help make the dreams of entrepreneurs come true and make more money for yourself.

  1. Real Estate

Another investment opportunity worth looking into is real estate.

This is one of the best assets you can ever have. Although the real estate market does have its ups and downs, it is always bound to go back up at some point. You can play the long game with real estate or choose to focus on flipping houses and investing in fixer-uppers.

  1. Stocks

There’s nothing wrong with choosing the traditional investment route if you’re not sure what to do with your money. You don’t need to buy a huge amount of stocks to be successful with this kind of investing. You can start small and work your way up to higher-priced stocks and buying more shares.

Not to mention, you don’t have to do it alone. There are many stock reports and resources out there to help you every step of the way. These include everything from news articles and stock trackers to money morning calls.

  1. Penny Stocks

Penny stocks are like the small fish of the stock world. They’re more accessible to people with small amounts of investment money. But, they can still offer big returns if you use your money wisely.

Take the time to look into this investment tool if stocks are what most interest you.

  1. Forex Trading

Some people make the mistake of thinking that Forex trading is a form of purchasing stock. It’s actually a form of investing in which you buy and sell foreign currency.

Forex trading allows you to make more American dollars by leveraging the opportunity to buy foreign currency at a low rate. You can then turn around and sell it when the rates rise, which is how your returns are made.

  1. Retirement Investing

Some investments take longer to cash in on than others. But, that doesn’t make them any less valuable. Such is the case with retirement investing.

It’s never too early to start saving for retirement. You can open a separate savings account with a fixed interest rate then let your savings add up over time. They won’t multiply too quickly, but once 20-30 years pass until you retire, you’ll have a pretty good amount of money to enjoy.

  1. Employer-Matched Retirement

You don’t have to save for retirement all on your own. It’s worth looking into opening a 401k plan with your employer. This allows you to basically double your retirement savings!

You set the amount of money you’d like to put aside each month or each paycheck. Then, your employer doubles the total amount by matching the number you plan to set aside.

  1. A Roth IRA Account

The final way to invest your money right now is to set up a Roth IRA account. This is another form of retirement saving that not many people are aware is available to them.

A Roth IRA account allows you to set aside money that has already been taxed. It’s basically like taking your tax return and other non-taxable resources and putting it aside for later. When “later” rolls around and you decide to retire, you can use every penny of a Roth IRA account instead of having to file taxes for it.

Making the Most of These Investment Opportunities

It’s one thing to understand what kind of investment opportunities are out there, and another to identify the ones that make the most sense for your financial situation.

Take the time to weigh the pros and cons of each investment style. Don’t try to do all of them at once. Rather, pick out one or two that you’d like to put your money into then go from there.

If you’re looking for ways to make more and save more from a business perspective, click here.

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