Where should people with low income invest?

[HK World]

Kindly share your thoughts and suggestions on investment ideas for people with low income. Where can they invest without a high risk of losing their money?

 

[Bookwormlux]

People with low income should not even consider online investments like cryptocurrency trading or forex trading , because this one's are very risky and it could easily lead to loss of capital.

 

[Gandiba]

People with low income are not supposed to consider investing their money at all, as they should focus more on growing their income so that they can better invest in better opportunities.

 

[Matan_z]

At things which are almost not included with taking risks, as of state bonds for example, because a state is owning the bonds you can trust it and invest at it, and because the bonds are owned by the state and a state is not something to fail and go bankrupt so fast you can trust it and invest at it. It might be a minor investment and it wouldn't rise and be worth more by a lot but yet it is almost not risky and it is worth it. Furthermore many people work for the state, professionals and wise people and they won't let it go bankrupt that easily, if your state is financially stable you can invest at it's bonds.

 

[Chibson]

There a lot of investment opportunities for low-income earners. the internet has even made it much more easier for people to see a lot of investment opportunities they can go into and make some profit from it.

Investing in online marketing is one of the most lucrative business ventures currently, you can actually make some good amount of money from it. Cryptocurrency trading or investment is also very viable.

 

[MaxMass]

• High-yield savings accounts.
• Series I savings bonds.
• Short-term certificates of deposit.
• Money market funds.
• Treasury bills, notes, bonds and TIPS.
• Corporate bonds.
• Dividend-paying stocks.
• Money market accounts.

 

[Lens]

If you're having a very low income I think that you should try as much as possible to invest in cryptocurrency because this kind of investment is very lucrative and it does not require much money.

 

[GoldenLady]

If you have a low income and you're looking for relatively safer investment strategies, I think mutual funds, bonds are good options. You can also go for a fixed savings account.

If you can find someone who's in need of funding for an already successful business and engage in partnership, it's another good alternative.

 

[Bookwormlux]

People with low capital can decide to invest in anything, but the most important thing is that they should try as much as possible to make sure they understand the business model before putting their money into it.

 

[Syldan]

I think people with low income should not ever think of being eligible to invest because they may end up losing almost everything they have worked for most especially online investment.

 

[Gandiba]

If you have low income , you can decide to partner with already established businesses so that they can enable you to patch up with them while still piling up your capital.

 

[Sincerem]

It depends on the location. Here we have fixed deposit. This is one of the best way to invest to earn profit although the profit would be minute. Maybe they should consider investing in cryptocurrency for those that are willing to take the risk.

 

[Sotherefore]

For people that don't have enough money to start up a reasonable investment , they should consider to use their acquired money to start up a business. Probably they can grow the business to a stage that they can afford to invest in something reasonable.

 

[Setho]

If you are having low income then you should be looking forward to investing in things that are seeing like bonds and physical businesses where you can get little profit and then I can relate.

 

[Syldan]

Well, I think only offline investment will be more better and suitable for low income earnings but online activities or investment may end up crashing at some point.

 

[glitch]

Invest in things that have a physical form. Gold, silver, guns/bullets, limited edition/collector's items, and other raw materials. Those are usually the safest investments that don't cost a lot up front.

 

[Ononivami]

I would strongly advise people with very low income to invest in Forex but it is very important that you should get yourself equipped in forex learning before investing on such venture. There are different strategy that one could use to make money in forex and to avoid unnecessary losses. One of the strategy is a copy trading strategy.

 

[Gandiba]

People with low capital ought to make sure that they are actually prepared for investments at all. It doesn't make sense to invest what you cannot afford to lose while trading.

 

[Bookwormlux]

Investment is too risky and so someone with little capital is not expected to consider investing at all. This is because any small losses would cause high level of frustration.

 

[Syldan]

There are so many better options for people with low income to invest not necessarily online investment. they can also invest offline by making purchases of products and sell in the local market which is also profitable.