3 Ways to Make Money
We’ve all done it. We’re all guilty of typing the words ‘ ways to make money ‘ into a search engine at some point or another. We continue to hope in vain that the search results will present us with some kind of logical answer. It’s not too much to ask for, right? As can be expected, we’re instead introduced to a monotonous line of outlandish ‘make money fast’ schemes, each as absurd as the last. If it was that easy to find ways to make money, everybody would be rich (and we would be first in the queue!)
Once you sift through the unfathomable nonsense that clogs up your search results page, you’ll more than likely notice that one recurring theme keeps rearing its head, investment. Investment has more than likely come across your radar at some point or another. Something reserved for people with lots of money, surely. Unless you’ve been bestowed with bountiful riches, it’s nothing more than a pipedream. You need lots of money to make lots of money, right? Wrong.
You don’t need oodles of existing capital to make money. For example, you can invest at The House Crowd for as little as £1,000. Let’s say that for argument’s sake, that you invested £1,000 of your cash into one of our development loans; one that offered an annual interest return of 10% p.a.
Over the course of your investment, you would earn £100. If you decided to invest this new total of £1,100 you’re again increasing your potential to make even more money. Just like that, when your investment has matured, you will have earned £1210. The higher the value the bigger the return on your investment. Think of it like a chain reaction- a chain reaction that could pay for your next holiday.
Some of you can’t afford to wait around for a year for interest to mature. That’s fair enough, some of you want to make a profit fast. Not to worry, when looking to invest, it’s always important that you do so on your grounds. If a term is too long, you have every right to find a more suitable and more appropriate investment. You’ve worked hard for your money. Now time for you to put it to work.
Whilst there are plenty of investment opportunities extend well into year-long periods, there are also those that fall well short of this time-frame. The good news is that The House Crowd offer our investors short-term secured peer to peer lending. These loans may extend from anywhere in the regions of 3 months to 12 months. The beauty of short-term investments is that unlike other long-term investments your cash isn’t tied up for years on end. So, if the market did crash for any reason, it’s more likely that you will be able to get have your cash out, just in time.
If you want to invest, it makes sense that you know why and where you’re putting your money. Especially if you’re investing in the likes of stocks and shares, it pays (quite literally) to be knowledgeable about what you’re investing in. If not, all the money that you invest could potentially be lost. Minimal profit is one thing, but losing your money altogether is another. By mitigating your risk through diversification and having a strong understanding of the areas that you are investing in you will greatly be able to increase your odds of making a solid investment. As Benjamin Franklin once said, “An investment in knowledge pays the best interest.”
Or, like many people are these days, you could invest through an online crowdfunding platform. One where due diligence has been met and every effort to reduce the risk of investment has been taken- much like The House Crowd. We take every effort to reduce the risk taken for our investors. Whilst no investment is risk-free, all of our investments are secured. This means in any instance in which somebody wants to borrow money, the money that you invest is secured against the borrower’s property. If you’re looking for ways to make money, property investment is always a sensible option to consider.
If you want to find out more about our investment opportunities register today.