What would be the best investment with $100 at a time??
Answer:
If you want investments, check out big companies you like (Home Depot or Coca-Cola maybe) and go to their investor relations page. You will find information on Direct investment programs and/or dividend reinvestment programs that will let you do monthly investments as low as $50 for some. There is a minimum you commit to, say 10 months of $50 or $500 all at once, but then you can contribute in small amounts and have them reinvest your dividends to make more and more. Compound interest is great.
I would say numismatics or bullion. But learn your stuff beforehand --- an uneducated investment may not even be one at all.
ING direct svings account
Every year, dump it into a CD
You could do a mutual fund, bu who knows with those things
If you work for a company that has a plan where they match your savings, that is one of the overlooked investments with no risk.
Some companies match contributions up to 100%
I know of one for $130-$220 a month!
I have an ing orange account. 4.35% Annual percentage yield (variable rate since 6/30/06). When you save up $1000, you can get a CD that pays more interest. See
www.ing-usa.com
Open an account with a no load Mutual fund company such as T. Rowe Price or Vangard. Send your deposits whenever you can and have the use of the internet to see how the investments are doing. Don't micro-manage. You are in for the long haul. Keep it up!
Put it in your booze money jar.
coins
Start putting money into mutual funds. You only need $100.00 to open a Roth IRA account with DTLVX (Wilshire Large Company Value Fund).
You should invest in silver bullion. If you don't know anything about coins, just buy silver bars in 1oz ($12) or 10oz ($120) and hold on to them. Visit your local coin shop and ask for silver bars from J&M or Engelhard. Silver is expected to rise to at least $15/oz by the end of this year and could go as high as $30/oz by next year end. Now is the time to buy!
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