Suppose you have 3 million surpluses on your monthly expenses and you don't know what to do with this amount of money. Perhaps the first way you can think of is to save money. But is saving the best option ?!
In the current economic conditions of society, and given the current inflation, saving money is not a wise thing to do, as keeping your money worth less than it is yesterday and in the future will be nothing but a pity. You might be wondering what else can I do besides save that amount of money without reducing my value?
Your answer will be a word "investment".
You might be surprised to be told that you can invest with any amount of money. But before introducing one of the newest and most up-to-date low cost investing methods, it is best to get acquainted with the usual low cost investing methods.
One of the most common ways to invest with low money is to buy gold and currency. You have probably seen in your surroundings that people buy gold or currency as soon as they make money. But given the vibrant gold and foreign exchange market, do you risk buying them?
Another method is to deposit in a bank. Unlike the above, this method has a lower risk. But consider whether the interest earned on bank deposits is enough to keep your money's value over time?
If you are consulting with your friends about investing, it will surely be one of the suggested options for investing in the 3 million USD stock market and buying shares. But hold on. Investing in the stock market requires a thorough knowledge of this market and it is best to avoid investing in the market if you do not have the necessary knowledge and leave it to the investment funds if you wish.
If you ask an investor, you will be told that the choice of investing method depends heavily on the morale of the individual and the level of risk. In addition, investing knowledge is an important point in the success of your investment.
We're not saying that you should be scared of investing, but that you need to start by looking at all the pros and cons of making the best choice.
There are many new ways to invest in the world. One of these investment methods is Peer To Peer Lending, which is one of the most popular Lending Club sites.
This platform, which is an installment sale platform, you can invest in by purchasing the installment buyers' demand.
The mechanism of this platform is that after the registration of the order for the installment purchase applicants, the desired device will be on the waiting list. As a supplier, you provide the money needed to buy the device. Then, by paying the customer monthly, you will be reimbursed the installment benefit after deducting the commission plus part of the principal.
On this site, installment sales people can buy game console installments, install laptop installments and buy whatever they need. That's why the prices on this site are quite varied. That's why you can invest in the platform with whatever money you have.
Given inflation, if you are looking for a way to keep your money's worth, investing is your first and best choice. But to invest, you need to be careful and avoid investing in things you are not familiar with.