Baklol Logo

Best Ways To Invest Your Money

Saturday, Aug 29, 2020, 5:17 pm

1.Deposit More Into Your 401K

Allotting more of your pay check into your 401K is a good investment choice. While it may sting a bit to use a raise to deposit more money, thereby making it appear you are still making the same take-home pay, when you cash out your 401K, you will receive a nice return on your investment and then some.

2.Invest In Your Own Endeavors

Investing in yourself is one of the best investments you can make. Whether you want to start a business, write a book, or go back to school, putting your funds toward your own future, can change the path of your life. A life long dream recognized is the road to happiness.

3.Pay Off Debt

Paying off debt is a great investment for anyone who has accumulated any overdue bills. By getting yourself back to zero, you are investing in your future that is free and clear. If you have money to invest, paying off your debt is a good place to put it, and it will pay you back two-fold, in that you won't be paying out monthly bills, depleting your cash flow.

4.Mutual Funds

Mutual funds are a great way to invest giving you professional managed vehicles that purchase securities from a pool of money from multiple investors. These collective investments are regulated and are usually open ended, where an investor can buy and sell at any time. Mutual funds need to be registered with the Securities and Exchange Commission.

5.Foreign Stocks

When investing in stock in the foreign market, an investor can diversify their portfolio, making it part of a very balanced long term financial strategy. This type of investment allows you to buy or sell shares across the country. Some investment trades can cover up to 20 countries or more.

6.Series EE Bond

Series EE bonds are issued by the United States Government, where the money you invest is going straight to the Treasury Department. Investors earn a fixed rate with no fluctuation, where you can sell the bonds back at full value plus interest, with no penalty. Depending on how long you have the bonds, it can be a very lucrative investment.

7.Emergency Fund

Investing in an emergency fund is smart for any investor. With changing financial climates along with changes, surprises and unlikely events in life, there may come a time where a little extra cash helps. Rule of thumb is to set aside at least three months worth of living expenses for that rainy day.



Certificates of Deposit, or CD's, are a great investment for all types of investors, from beginner to experienced, from young to mature. Considered a low-risk investment, most people use it as a way to have their money make money while it sits in an account, earning a much better rate than it would in a checking account.

9.Real Estate

Real estate investment is considered an asset form investment which comes with limited liquidity. This type of investing is depending on cash flow and is capital intensive, making it somewhat risky, but also lucrative under the right circumstances. The ability to determine property value and market trends, is important to an investor's success.


10.Money Market

Money marketing investment and trading is done over the counter at wholesale prices with instruments such as federal funds, short-lived mortgages, deposits, certificates of deposit and more. Consisting of financial institutions and dealers, investors can borrow or lend over a short period of time, with the core consisting of interbank lending.


Scottrade is an easy and affordable way to invest, with options to trade once a day, month or year. There are no set up fees, no maintenance fees and no annual fees. And, even better, there are no hidden fees. With many investment products and trading platforms, there is something for every type of investor.


12.Penny Stocks

Penny Stocks are stocks that have a price per share that is under one dollar but they do come with a higher risk. They are great for beginner investors to start with because of their low cost, but since they not required to be filed with the SEC, there is a lack of information that can make it a little tricky.


 Share on facebook
Share on twitter
Share on google+


Related Content