Carlee Tangaro: A high yield online savings account with no minimums. HSBC, ING Direct, Amtrust.
Hubert Jestes: Invest in CFD's. You get exposed to 1000usd, so any wins or losses will be relative to 1000usd, ie, as if you had bet 1000usd. If you gain 10% you's have 200 usd in the end, if you lose 10% you're out. As it is so little money, I wouldn't mind losing it on a risky bet. For instance, buy the INSM cfd, cross your fingers, and theoretically you can win on the long run, thousands of percentage points. If you pull a chart you see that stock was once 50 usd some years ago, and they seem to have found a long term bottom. Just a thought.Hope this helps.Salazar...Show more
Roosevelt Pendill: To be honest $100 is not a lot of money. It isn't enough to place in the stock market. I would simply place it in a savings account and continue to add to that account as you grow older. Also, ING has a VERY good savings account program. You get a decent return.
Elvie Drumgoole: $100 is savings bond money (i-bonds...not EE Bonds)$100 a month is mutual fund money.$100,000 is stock investing money.Ignore my counsel and find yourself out your "investment money."Or, said another way: If you don't invest in an appropriate vehicle for the amount of money you have, you are gambling, not investing.The house always comes out ahead when you gamble....Show more
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