hi, ill start by saying im not an american or europian, im from israel. so things may work differently around here than in your native country.
im 22 years old. lately i saved up about 11,000$, and i have very few things i would want to buy with this amount, so i have money keep going up but nothing i really want to do with it.
so i thought that maybe investing ca be a good idea. so iv done a little digging.
some told me its not enough for a real investment (for real estate you need about 100K-600K$ in here and that's assuming you dont wont a big fat lawn from the bank). but i deciding to keep looking.
i was hoping for something with low risk (not Stock Exchange) and with a small profit, but one that will be worth the hassle.
saving accounts in the banks give almost 0% of profit. the best thing iv noticed is some site allowing me to land money and get about 5% profit after a year.
someone also told me i could buy something that can be rented like a motorcycle or equipment for some companies and make a monthly profit. not as big as buying an apartment, but still some nice monthly profit.
the last option sounded the best, but im not sure i have a way to know what could i buy so there definitely will be a demand for renting, a specially if im not a business...
so long story short, can i invest the money in your opinion? can i make some profit after a year or more out of it?
and what are my best options for investments?
thanks! :)
Submitted August 23, 2018 at 06:18AM by michaelovsky5 https://ift.tt/2w6InFA
