When was the last time you over heard someone say “Invest or Investing”? Was it at a fancy restaurant? Was the person chatting on a Smartphone while sipping red wine? Well unless you go to fancy places that wasn’t the case. Maybe the person you overheard was just talking about something they bought recently that they consider and investment, a house, a car, or other merchandise ( i do not consider these investments). Chances are the person was talking about an actual investment. You are thinking Stocks.

Here is where a lot of people get the wrong ideas about investing.  Investing is not all about Stocks. That is the big idea around investing, stocks, wall street, and the recession.
Doesn’t mean i don’t use them.  Sure i have a few, mostly just for fun.

Here are some other ideas of places to invest  a 401K, your work doesn’t offer one? open up a Roth IRA, or Traditional IRA. These are both great retirement accounts that will help grow your money over a very long time. They are also very tax advantaged. For Example a ROTH IRA is funded from money that was ALREADY taxed so when it comes time to withdraw for retirement the money is not taxed. So after that money has Compounded and Grown you get to keep all the rewards.

Those are very good choices.  Bonds, CDs, Money Market accounts, or personal loans are all ways to invest.

The funny thing is, people think its expensive, or that it’s too hard, when it really is not.

One of my favorite places to invest right now is at www. lendingclub. com
It is a Peer to Peer lending site, where you get to choose where you invest, personal loans for example.  The borrowers get a great deal by getting a good interest rate, and the lenders get a great deal by getting a good interest return.