Most of the people don’t love their jobs but we all have to do it! After all it’s what we need to fund our dreams. For most of us, our jobs are the only source of income for us. But thanks to the changing times, we are now living in an era where it is possible to invest money and earn off it. Here are top 10 ways to invest your money and maintain your full time job simultaneously!
Peer to Peer Lending: This is the easiest investment. You can try lending your money to your peers in hope of making some healthy profits in the form of return investments. The simple it sounds, the riskier it can be. Thumb rule here is to lend to those whom you trust and never lend something that you cannot afford to lose.
Investment in precious metals: These are usual yet controversial investments. Precious metal prices are subject to fluctuate often and are hard to predict. Though it can be good or bad both for you, but eventually its potential is worth the risk
Trading forex: Foreign exchange is largest financial market in the world and is a potential way to invest. With as low as $25 in hands, you can start with the foreign currency exchange trading. The basic idea is to buy certain amount of currency and then sell it higher prices when that particular currency reaches higher prices.
Trading options: A process that lets you control stocks and assets without owning one! You can capitalize on it via price chances. Option trading gives you the right to buy shares that are currently owned by another person in exchange of certain premium. You can buy shares for cheaper prices than market price and sell them to earn profits.
Future Trading: Invest your money is a volatile market and thrive on the fluctuations. You need to be educated about the market and get in contract with small local business. If the prices are high in market and the manufacturer can supply at cheaper prices, you end up earning profits and if it gets expensive, you lose.
Real Estate Investments: Just like precious metals, real estate investments are another great yet unstable investment options. If you think your pay can not afford to invest in real estate then you need to put up research and explore the world of investments.
Become a silent partner in some Small Business: Small businesses don’t require a lot of investments in order to operate and even if you have $1000 with you can easily help to run an entire business somewhere else. You are not bounded to invest within your own country so worry less of operation and principal and think of all the benefits.
Buy penny stocks: Stocks that are valued less than a dollar is highly speculative and comes with great profit earning potential. However, you should opt for this option if all else fails. Since they are already so cheap, there is little scope left to fall down but go up.
Your hard money must multiply with time- Don’t you think so? Go ahead with these options.