There are lots of different ways to make money in the modern world. It's not always as cut and dry as getting a job, or starting a new business, although those are viable ways of making money.
There is a lot of money to be had by investing, and there are a lot of different ways to look at it. You could invest in a handful of options, some of which are high risk, and some of which are low risk, but all of them can make you money with time.
Finding which ones will make you the most is a tough one to call, but there are three sure fire ways to make money investing, that have been proven time and time again to work.
Although we will look at three different things, it's important to understand that investing does take some risk, and there are no real 100% sure-fire investment options, but that's not to say there are not some "safer" routes to travel.
The first major way to make money investing is to look at mutual funds.
Mutual funds are relatively low risk investing options that come in different different types. There are roughly six types of funds to look at, and require a professional to help you organize and distribute your money. The minimum amount is usually around 1,000 dollars and yields various annual returns based on 1, 5, and 10 year periods.
When you open up the average mutual fund, you're investing in a variety of low risk, low yielding stocks. The return on investment fluctuates annually, but most often than not, you actually yield steady returns. You'll have to invest a large sum of money to make it worthwhile, but with the low risks, and quality, near guaranteed results, many investors find this to be a great overall option to take advantage of.
The second major way to make money investing is to buy gold.
Gold gets a bad name by many high profile money managers. It seems that a lot of people have a problem with the fluctuations in value of gold, but what they seem to neglect to mention, is that gold is never really at 0 value.
Sure, it's true that you're not going to pay your bills in gold, but it can be a solid investment strategy if you're looking for tangible investments. The price of this precious metal has reached over one thousand dollars an ounce and has been the target of many different companies, trying to invest, as the price could rise with economic hardships. This method of investing has a high investment point, but could reach to higher limits. Once again, it's important to understand that there is always a risk involved with purchasing precious metals, but on the contrary, gold has never been at $ 0 value.
A third way to make money investing is to look at CD Bank Accounts.
Certificate of Deposit (CD) accounts are offered by many different banks and are relatively low …