What can I do with $100? Is there a way to invest such a low amount of money?

Normally, this would go into a savings account that would generate interest, but suppose that is not an option (and it isn't in my case). Is there a way to invest $100 in penny stocks or something similar online? How would I approach that?

Emma F2012-11-02T22:11:27Z

Favorite Answer

You make your money by buying low and selling high. Look at the trends, do research on the company. $100 will be okay to start out with.

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carmencita2016-12-12T22:42:09Z

Your maximum suitable guess in this economic gadget may be bonds (municipal or super corp) making an investment in bonds is seen a medium risk investment and is lots safer than shares Municipal bonds are incredibly this: you own loan an quantity of funds to a township or county for something like development a sparkling highway you may assume annual returns of around 5-8% company bonds are precisely the comparable different than you're loaning money to firms to construct a sparkling production unit etc... this could be somewhat greater risky and you will assume returns of around 6-10% risk and advantages have an prompt courting, shop this in suggestions whilst choosing a bond or the different investment for that depend... additionally, bonds frequently tie up your money for no greater beneficial than a twelve months at a time...

Raymond L.2012-11-02T19:27:27Z

you could do that, like go and open a scottrade account,


BUT, you would run a HUGE risk of losing everything!!!

1. $100 is NOT a lot of money.

2. the VAst majority of stocks priced under $1 will go bust.

3.

Anonymous2012-11-01T20:32:02Z

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