Tuesday, October 28, 2008

New Ways to Invest Money

By Gary Pearson

Investing money does not mean taking one of your millions and putting it in a tech stock which may double overnight, or tank completely. Your investment does not have to be a high risk venture, and should never be if you are not comfortable with the possibility of losing some or all of your money. There are many ways to invest, starting with as little as $100, or less. Of course if you do have a whole lot of money then investing is good for you too.

There are many options that are open to people with capital that are not open if you only have a few hundred dollars to play with. But even with a few hundred dollars, there are many investment possibilities. If you are creative and shrewd, those first couple hundred bucks could be the beginning of a lucrative investment career.

When you are considering a potential investmet consider how comfortable you are with risk. Generally, the higher likelihood an investment has for a big return, the equally high risk there is for a big loss. If you are not comfortable with the thought of losing money then you may want to consider a safer alternative.

There are many ways to make money without playing the stock market. Even your favorite hobby could be considered an investment. Do you have something that you collect that increases in value? Well then, instead of putting your money in stocks, consider focusing on your collection instead.

Becoming a collector is definitely not the most thought of way to invest, but is likely one of the least risky. If you collect something you love, then if it doesn't happen to increase in value at least you have something tangible, instead of those who lose their money and have nothing to show for it. Soon you will be able to identify what particular items in your collection are worth the most, and then work on acquiring more of them.

Soon, I was sitting on a small fortune in comic books. This is one of the safest ways to invest money. Collectors item is rarely go down in value. You may not have a passion for comics, but there is probably something that you are passionate about that offers an untapped source of income. Be creative when you look for ways to invest money.

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