Why You Should Invest Money Instead of Keeping it in the Bank and How to Succeed Doing This

The interest that your money earns in the bank for you (as most of us are aware of) is hardly enough for an average-sized bank account to sustain life especially in times of depression.
Fortunately, there are many ways in which you can invest money carefully and make it produce more money for you.
There will always be something out there to invest money in however small your resources are.
For instance if you can invest money worth around $20 only, you could look for shares that are selling for about just that amount.
One problem you will have from small investments is that if you get them through stock brokers, the fees you will need to pay brokers may eat up all the interest you stand to earn from the shares.
In order to get around this, you should look for companies which allow individuals to get shares directly from them.
These methods of purchasing stocks are variously called Dividend Reinvestment Plans or Direct Stock Purchase Plans.
You can inquire from the company if they have these plans to offer people interested in their shares.
They probably do because there are hundreds of known companies that offer this kind of purchase plan to invest money through.
To invest money of a few hundred to a thousand dollars you could consider joining mutual funds which focus on index stocks.
Mutual funds are outfits which have been consistently giving out about 10% in interest annually to people who contribute to them.
Many mutual funds invest in the S&P 500 list of stocks which are affordable and relatively stable.
Of course, you on your own might want to try investing in some of the stocks you can find at NASDAQ investments.
Many of the shares in that index come from well-known and stable companies that are associated with the internet and internet technology.
You find such names as Apple, Google, Yahoo and Cisco on that list.
To invest money over a thousand dollars you presumably might want to purchase a wider variety of stocks.
Because your liabilities will also increase, you will need to monitor your investments more closely.
To facilitate all this for you (in case you won't have the time to do that) you should open up an account with a brokerage company.
Of course you will be paying them fees for the service of purchasing and monitoring your stocks for you.
You will just have to make sure you don't pay more than 2% in fees to the agency when they invest money for you.
A good thing to do if you intend to invest money and trade stocks seriously (which is the only profitable way to get into this business) is to keep yourself updated on market trends by subscribing to newsletters that are available from marketing websites for free.
Since the factors which affect the value of stocks may vary from day to day, you will have to be constantly reading and updating yourself about conditions in the market and the world in general that may result in such changes.