 What gives the highest return on investment? |
| I know I've put the question very vaguely, but it seemed to me that people who get ahead with money must have some secret I'm not getting. I'm sure there's a better way to achieve ... |
|
 If asked would you give? |
1 cent or pence or your currency to me to see how generous people are?
Additional Details
I'm not actually asking for the money.
Just the quetion to see how generous the ... |
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 My financial advisor wants me to get a $100,000 home equity loan and he will invest it. Good idea? |
| I would use part of the interest earned to pay the loan. I have $500,000 equity. My mortgage balance is $350,000.... |
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 I got a letter in the mail, its "not" a chain letter but a quick way to make 800,000. Should I do it ?? |
| It is hardly any cost to me and seems really logical. It talks about investing in one another. it wont cost me hardly anything except for stamps, envelopes, and a name list to mail to. Am I just ... |
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 Where to invest $12,000? |
| Where would you invest $12,000? Currently no debt. Own a home and have some stock. So for an addition $12,000 would it be wise to look at an investment property or perhaps more stocks/bonds? Are ... |
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 Why do People Donate Money? |
I know that everybody in this world wants to do something good. But do you think donating money can serve the purpose.
I am confused about it. It may be due to imbalance in the system ... |
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 Have u heard of that? unbelievable!? |
| it is my own experience, i got a email from someone named princess sarah dongoson, who told me in email, her late father is king of Burkinafaso, who left her a huge amount of money which was deposit ... |
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 I have $67700 to invest AFTER retirement in May. Where should I put this money? |
| I have my social security and pension that should take care of me okay. This money will be for my extras. I read about people getting 8--10% on their monies. I can only find 4.5%.... |
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 How many Indian Rupees do you get for US $1? |
I'm talking about the recent approximate rate in India.
Thank you.... |
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roxy_babe1425 | How do I make money fast? |
I am 13 and I really want to start saving up money. Please help! |
 |
 
Daniel L
|
You asked two questions: making money and saving money. They are different subjects.
Saving money:
Saving money is something you should do your entire life. Save a portion of every dollar you earn. If you ever spend money from your savings account then you should strive to replace it as quickly as possible. Your savings will just grow and grow.
Initially, you can deposit your savings into a bank savings account. The interest rate is not very important early on. However, once you have saved $1000 you can purchase US treasury bills at www.treasurydirect.gov to earn more interest.
Making money:
You should not expect your parents to pay you for helping around the house. That is something you should be doing anyway.
Jobs you can do for neighbors: Mowing lawns, walking pets, washing cars, and babysitting (if you are a responsible kid).
You may find it difficult to get a job at 13 because most jobs require you have skills. It does not hurt to ask. Try jobs that do not require a college education, such as fast food, grocery stores, shops, etc.
If you are adventurous, you can try running your own internet business by buying things at garage sales and selling them online at www.ebay.com. Research what things are selling for on ebay before purchasing. (Also, avoid buying stuff on ebay or you will spend more than you make.) I suggest you specialize in a few items: specific toys, books, etc. You are going to become an expect so pick a category that you really enjoy. (When you see a bargain you will know it!) Be certain to check the website daily to make certain your customers are happy. To make a profit you will need to calculate the costs: ebay fees, paypal fees, packaging materials, and postage.
Good luck! |
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Jay
 |
13 and you want to save money? your on the right track there. if you have an allowance keep saving that, but heres what you do. go to your parents and ask them if there is some cleaning or something like that around the house that you could earn a few dollars doing. then, depending on the labor laws in your state, get a job! but for now, ask your parents. or even the neighbors, but bring a parent. |
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Jason D H
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go cut lawns or take out trash for a quarter a bag..I used to do this to hustle up money fast...of course ask your parents permission first. |
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cmac
|
work around the house(chores), etc |
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me
|
you need proper planning |
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MikeB
 |
Start your own business. It may begin as a small home-based business and grow from there. Because of legal laws in most states, the business might have to be in your parents name initially, however find a "need" and fill it. Remember, you MUST have a high demand for your product or service. If you don't you are doomed to failure before you begin. But please understand, you will NEVER make much money working a J.O.B. As long as you're working for someone else, they'll make all the profit, while you do all the work. Financial security and financial freedom are NEVER attained when you're on someone else's payroll. At least when you own the business, you get to keep all the profit for all the work you do...and believe me you will work harder at your own business than for someone else. However, the rewards will be much, much greater!!! |
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b_slap99
 |
win a lawsuit or a lottery |
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ponger
|
Sell drugs |
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Boober Fraggle
|
Put it in a blender. Or a jet airplane. |
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helixburger
|
At 13 most of yr investments, say at least 75% need to be conservative, like savings bonds, or slow growth funds.
Risk is minimal, and interest will accumulate.
Have an adult investor help you place the rest in higher risk, more rapidly growing small cap funds or tech stocks, where you may lose all that you invest but may realise a much higher profit.
Balance risk and reward, as everyone does.
The foolish lose all. |
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dlmrgnk
|
Good thinking!!!! First, don't spend. If you don't spend it you don't have to make it. Second, find the highest interest rate for your savings. Online accounts are over 5% now. Third, find a reliable, low-cost, well performing mutual fund (Vanguard has some excellent ones) that you can afford (there will be a minimum investment) and buy as many shares as you can. And, then, work or buy and sell at a profit. Find a need that someone has and meet that need for a fair price (babysitting comes to mind but a fertile mind will come up with others). Make CERTAIN your customers are happy with you. |
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Frank Castle
|
How much money do you want to make? |
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ganja_claus
|
Have a word with your parents, drag them to a banker and get some information of saving plans.
Then have your parents save the money for you - usually requires them to pay in a certain monthly amount of money - and then plan on ways to make that money (helping neighbors, washing cars, working in the yard, delivery services and so on...) |
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Malika
|
Be smart! dont spend it on thing you really dont need,control your wantings and wishes. |
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woolala
|
ask money from your parents or do something during weekend.
find a job to do or whatever.. |
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MrsMama21
|
babysit if you are responsible
have a garage sale
ask your parents if you can do extra chores for $ |
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bullrider_9239405
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do what i do go beg ure parents |
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V.Vondoom
|
well, get a job...
first get an education and then a job..and I am serious...
or just use stuff like Google Syndication9I hate google, but you can make money that way..) |
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Steve T
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Rob a bank. Just kidding. Or get a small job (mow people's lawns, babysit, etc.) and put a little money away weekly. Since you're 13, ask your parents if they can make a bank account in their name, but with your money. You'll earn interest off it and by the time you graduate college, you'll have some good stuff in there. If they don't want to give you a bank account, seriously.... put it in a jar under your bed. |
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whecks
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Don't feed it...either that or learn the difference between an adjective and an adverb. |
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lloyd2776
|
work for it |
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Joseph
 |
file a lawsuit against a company or be a prostitute |
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Donald R
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One good way is to start selling stuff on E-bay. If you have the time you can find good deals at yard sales or liquidation auctions and then sell them for a profit on E-bay. Ideally you want to buy and sell items that you're familiar with. For example, coins, stamps, antiques, etc....
You can also sell stuff on E-bay for other people. This might be a good way to get started. |
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