Investing

[volterock]

In order to have a business, you need capital...

I want to start investing the money I make so it can begin multiplying and will give me more options in the future.

Are there any experienced investors here that wouldn't mind offering some advice?

What is a good investment to start with that will not require a large sum of money?

Do you know of any good online forums that have a reputable community of investors?

[akula]

see a financial planner..
lay people are the wrong people to ask for advice..
it always turns into a retarded argument..
unlicensed professionals are not trained to give financial advice...so you'll get inappropriate feedback which ignores your risk profile and other personal information
..forums are even worse..

i mean..i am a financial planner and i do stick to what i'm saying..
there's no "magic super strategy that financial planners don't want you to know about"
what you're asking about is a basic future value calculation..
i need to know what your income is, how much money you wanna accumulate, how quickly you wanna save it, what your risk profile is..and then i can make you a definitive recommendation on what to do (i.e. how much to save per week and where to put it), taking into account leverage and tax..so you can get to your goal as quickly and cheaply as possible

it's basic financial planning..wont cost you much..

you see?? that's the correct and appropriate way to do financial advice..instead of saying rubbish like "buy equities! etc"
a non professional won't have the training to run you through a questionnaire like that or offer feedback on peripheral issues like tax

[rogercbryan]

In order to have a business, you need capital...

I want to start investing the money I make so it can begin multiplying and will give me more options in the future.

Are there any experienced investors here that wouldn't mind offering some advice?

What is a good investment to start with that will not require a large sum of money?

Do you know of any good online forums that have a reputable community of investors?

Let me offer you a little advice... its taken me 32 years to finally come to grasp with this... There is NO way to multiply your money. Any thing you invest in with that goal will more often then not lead to substantial losses. You'll get enticed to play the options markets... forex... all those things that people swear they make a lot of money doing. The best returns I've ever received have been from my savings account paying me less then 1%... that may sound funny... but I have little to no risk associated with those deposits. I could have started my company about four years earlier if I had learned to save instead of always 'investing' in the next big thing that will double my money... If you need the money for business you need to keep it safe. Once you have your business up and running then you can set aside a little money for speculation... Wish someone would have told me this when I was in my early 20's!

[Anthony Tori]

I stopped investing in the stock market. I put all my money in new businesses and assets that make me money. For example, I started a bounce house business on the side while I work on other businesses. My ROI on that is greater than ANY stock I invested in. I agree with an above post about seeing a financial adviser if you still want to go in the stock market.

[Remotestaff]

The most basic way to multiply your money is to put it in a high return time deposit bank account Though you'll have to wait a bit of time before you get your returns.

There are several places where you can try and dip your toes in investing.

There's the food/dining industry. There's agriculture. You can try investing in raw materials or investing in utilities.

Whatever you decide in, just make sure it's something you're genuinely interested in mastering and investing in for the long term.

Best of luck to you

[guidemesingapore]

Please be careful of online investing. There are many people ready to take your money and literally run away. You need to work hard to multiply your money. Just keep saving, take side jobs etc to make enough money for whatever is it that you want to do in the future.