7 Smart Ways to Invest US $100
GoBankingRates.com presents an interesting article about how to start building a fortune with just one hundred dollars and offers seven strategies to do so: 1. Invest in a mutual fund. 2. Buy stocks on ShareBuilder or Zecco, online companies that allow start buying and selling stocks without spending a lot of money. 3. Participate in a dividend reinvestment plan. 4. Buy a U.S. Savings Bond. 6. Stock up on survival gear for an eventual high impact disaster and 7. Pay off your credit card bills. The option number 5 is maybe the most interesting for us: Provide a microloan to someone in a developing country through online microlending organizations. The author of the text concludes: “Clearly, there are plenty of ways to invest $100, from the safe to the unconventional”. Where are you sending your buddy Benjamin whose image appears in 100 dollar bills?
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Oct 28, 2011
SOURCE | DATE
www.gobankingrates.com -
CATEGORY
Microlending -
TAGS
microfinance investment vehicles,
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