Saving money economically is a habit of rich people. On the contrary, living from paycheck to paycheck without worrying about the future is the lot of the poor. The ability to invest money is the key to financial independence. Where to invest your hard-earned money?
Instructions
Step 1
The easiest way to protect your savings is with a bank account. The deposit can be in foreign currency or in rubles, with a fixed or floating interest rate. But remember, the deposit is one of the most profitable, and at the same time the most unprofitable investment. The interest on the deposit is barely enough to cope with inflation.
Step 2
A more risky, but also more profitable in the long term, means of investment are securities. This includes shares of Russian and foreign companies, shares, PAMM accounts. Investment instruments are usually divided into two categories - with regular payments (dividends) and without them. In the first case, you can re-invest the money earned in the form of dividends in the purchase of securities. This business model is called reinvestment. If the securities are not paying dividends, they should show an increase in value.
Step 3
An alternative to traditional investments and playing on the stock market is a game based on the forecast of sports events. If you are aware of all football and hockey events, know about all the latest transfers, sports betting may be the right solution for you. There is the Betfair betting exchange where players wager money against each other by making micro pairs. You don't need to know the outcome of a soccer match or tennis game to make a good living. It is more important to understand how the Betfair Fan odds correspond to the real state of affairs. When buying the best odds on the likely outcome, it is important to insure yourself to be the winner in any outcome.
Step 4
The most difficult and interesting source of income can be investing in your own info business. If before opening a newspaper or radio required huge savings, today several tens of thousands of rubles are enough to create a small media resource. Choose a topic that interests you, order a website design, a logo, hire programmers and copywriters. Soon your site will have its own audience, which will help to recover material costs. The easiest way to monetize is contextual advertising.