Where can I invest my little money???

[aneel]

Hi all of you, I have saved little amount of money since last few years. And because I am in developing country, my yearly saving would turn out to small amount in $. Anyway, I want to invest it so that I could make money out of it...
Any Idea.. for investing it....
Need suggestions from you all;

Thanks,
anil

[Mcfroggin]

Define little. How much risk do you want?

[cecBUSINESS]

I've personally not got any experience with investing, how much money do you have? I'm guessing you know the risk of losing money. All I can advise is keep your eye open for a company that looks promising, so you can buy and sell for good profit.

[jkaykin]

My friend best thing to do with little $ is invest in yourself. Invest in courses maybe on online marketing or web design or selling on ebay. Then you can take what you have learned and make your investment bigger.

[aneel]

Thank you dear friends..... Roughly I have $800-$900. Need a proper place for investment...

[bond]

@aneel,
Hmm... that's a decent amount of money. It depends on what interests you more... stocks, or starting a business. There are a few people on here that do one or the other.

[aneel]

@bond: what would be the best?? since i have no idea about in stock and nither in business...

[JWinvestments]

Originally Posted by aneel

@bond: what would be the best?? since i have no idea about in stock and nither in business...

I'd start by learning about business then. You need to apply business knowledge + additional analysis in stock picking, so I'd say it would be an up-hill battle.

As had been previously suggested, it would make more sense to invest a smaller amount of money in your knowledge, then with larger amounts of money; you've got a plan.

[Mcfroggin]

If you decide to go the stock route, consider buying 1 stock in a large company that provides dividends. Lilly, Lowes, Pfizer, etc. Something safe to get your feet wet while you learn more.

You can sign up through Scottrade or Etrade.

[Lukas]

I'd go with stocks for now. And as mentioned above, Etrade would be a good starting point.