Weather you have 10, 20, or 50 dollars laying around the house, it is always better for you to have you money working for you rather than doing nothing with it.

For the first time in my life I have a little bit of extra cash lying around. Normally I give my wife my check and she hands me however much I need for gas, snacks and whatnots. Well, a couple of days ago I got a small bonus of 200 dollars from my boss. This is the first time I have gotten any bonuses in over a year so I was extremely surprised.  One thing bugged me though, normally I would use my bonus to pay off an old bill or just blow on a video game; however I am currently up-to-date on my entire bill and have no time to invest in gaming. So after about a day I realized that I wanted to make money with my little bit of cash and make it work for me. I wanted to use my bonus and invest it so I could start a making a little extra money on the side.

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 The first thing I started to do was research all of my options, since I only wanted to spend a maximum of 20 to 50 dollars into an investment program my options were limited. With about a week of heavy research, I have discovered three options that you can invest you cash however; please note that some of these do require some work on the investor’s part.

1.)    Trading Stock, Bonds, and Currency

Now this is no means is an easy task. Because of the research involved with trading and the risk involved, you can lose everything you invest, however, you can also make it big. One thing to remember is that educating yourself in the market is extremely important, if you want to make profits.  A website that I suggest is www.sharebuilder.com, for little starting fees and low trades prices you can start trading with very little cash down.

2.)    Having Some Else Do The Trading For You

 Ok at this point you might have tried to trade in the past and trading did not work for you. Why not have someone else handle you account for you? To me this method makes sense, however most brokers that I found are either scams or they require more money to get started than I made in a year. I figured it was impossible to find a low starting cost broker until I stumbled onto www.hyip.com . This is a website that is for people with low starting cost to invest. They also monitor various sites and help you track which ones are scams. Now with any investing there is an amount of risk, but this site gives you the tools to lower your risk and help you become a better investor.

 

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3.)    Exchange You Currency for Digital Ones

Well, this is more or less a creative one that I found when I had made a profit but was paid out into an account with www.LibertyReserve.com , which is like an on-line bank that is much more secure than www.paypal.com . Anyway I need to exchange around 400 dollars back into my bank account and was looking for a good exchange site. I found www.exchangezone.com more or less by accident and soon realized that I could make a profit exchanging digital currencies, in fact I made about 200 dollars from my 50 dollar invest in about a month, which I thought was not too bad in the grand scheme of things. This site takes a bit of work to figure it out, but it is kind of like a digital version of the FOREX market.

Now please take this statement to memory: “NEVER INVEST ANYTHING YOU ARE NOT WILLING TO LOSE” I have made a couple of dollars playing around with various markets, but I have also lost a couple of dollars in the process of it all. I like to think of it like a game of trial and error, do not give up and you can end up much better than when you started. Write me and let me know if any of these methods worked out for you also. I hope you all well, and the best of luck in trying these methods out.