Advertising
Advertising

10 Ways To Invest Money While You Have A Full-Time Job

10 Ways To Invest Money While You Have A Full-Time Job

Most of us don’t necessarily love the jobs we have. We all had wonderful plans for ourselves growing up. But our jobs pay, so here we are. But wouldn’t you just want to break away from all this charade? Do the things you’ve always wanted to do? Sure, who wouldn’t? But that requires money, the only source of which right now is your job.

But we do truly live in a golden era where anyone anywhere could make small investments and possibly make money off of it. Even though investing on oneself, one’s education, skills, health etc., would still be the best investment for the long run, most of us are looking to make investments that could actually make us money right now.

So, here are ten ways you could invest money while also maintaining a full-time job.

1. Peer-to-peer lending

This is possibly the easiest investment you could make. Peer-to-peer lending involves you lending some money to a peer in hopes of making a profit out of the interest in the returns. Now of course this peer has to be someone you know or trust, so that alone reduces the pool of potentials. In a way, this method could be deemed as risky as it is simple. However, if you abide to the golden rule of lending anything including money, “Don’t lend something you can’t afford to lose”, the risk is definitely worth the simplicity and potential profit.

Advertising

2. Investment in precious metals

Precious metals are a very controversial investment. Some deem them the best investment one could make, others deem them the worst. Truth is, they could be a little bit of both.

The fluctuation in their prices aren’t as predictable as other things since they’re mostly dependent on the rise and fall of the dollar. However on the plus side, if a small investment is what you wish to make, the potential profit usually balances out the potential risk. Besides, precious metals like gold and silver are among the last remaining material investments one can physically hold on to.

3. Trading forex

Forex or the foreign exchange market is the world’s largest financial market. Everyday trillions of dollars are exchanged through forex and that is vital to the economy. Businesses, governments and investors use forex. Businesses use them to facilitate foreign trade, governments to implement policies and investors study the market and predict the rise and fall of the exchange rates and capitalize on this.

For as little as 25$ you could get started on foreign currency trading. The basic idea is that you buy a certain amount of a foreign currency and sell it at a higher price when its valuation is higher than what you originally paid.

Advertising

4. Trading options

Options trading is a process that lets you control a stock or an asset without actually owning it, letting you capitalize on its price chances. An options contract allows you the right to buy the shares owned by another person for a certain price known as the strike price before a certain date in exchange for a certain premium.

If the value of the share rises, then you can buy the shares for a price cheaper than the market price and then sell it at the market price to make an overall profit. If instead the value of the share falls, then you may decline from buying the stocks but you lose the premium you initially paid.

Options trading can make a great investment if you understand the market.

5. Trading futures

Futures trading involves investing in a volatile market and capitalizing on the fluctuations while providing stability to the businesses you have contracted with. With the pay of a full a time job, you can possibly afford to contract with small local businesses.

Advertising

If the market prices drop and the businesses can manufacture cheaper, then you get the profits. However, if the market prices rise and the manufacturing becomes more expensive, then you lose money. Once again, like options trading, if you are well educated about the market then futures trading make great investments.

6. Investment on real estate

Real estate prices continually rise and fall. And like precious metals, they are assets you can physically hold on to. If your pay can’t afford to invest in real estate around you, there are options around the world.

Many countries allow foreigners to invest in their real estate and if you’ve assessed the risks well enough, they may potentially prove to be a great investment. This is specially true for developing countries where a cheap real estate can be worth a lot more within just a few years. Once again, this requires great research.

7. Crowdfund investments

This could possibly be the best option for someone with a full time job. In crowdfund investment you are only require to invest a small portion of the required amount, and your future returns depend on the amount you have initially invested. This gives you the option to invest on big businesses that could potentially make a lot of profit. Furthermore, since you’re only investing a relatively small amount you could invest in a number of businesses and expect at least some of those to make you a profit.

Advertising

8. Buying stocks from established corporations

Stocks of established corporations are usually a safe bet. Let’s say you are willing to invest a thousand dollars a month from your salary. You could buy 20 stocks worth 50 dollars each. Since big corporations are constantly at work to try and increase their profits, stock prices are sooner than later bound to increase too. You could then sale some or all of the stocks you own to make a profit.

For an established corporation, worst case scenario may be the drop in stock prices by 5 or 10 dollars, because they don’t usually go below that. You’ll only be losing a $100 or $200 of your initial investment.

9. Being a silent partner in small businesses

Small businesses don’t usually require a lot of money to operate. The $1000 you agreed to invest in stocks in the previous point could very well help run a small business somewhere else.

Furthermore like real estate, you are not restricted to invest in businesses near you. In a developing nation, the $1000 could mean a lot and could help establish a number of businesses that could in time grow to be profitable. Becoming a silent partner means you don’t have to worry about the operations of the business. But once again, you need to be sharp on your assessment of the business and the person running it before you invest.

10. Buying penny stocks

Penny stocks are common stocks that are valued at less than a dollar. Investing in penny stocks is therefore considered highly speculative. They seldom make a good investment so unless you’ve run out of options, you should stay away from them. However since they are already so cheap, there is no other place for their prices to go but up. If you buy a lot of them (since they are all so cheap), at least some of them are bound to make you some profit. At least, these are the general assumptions surrounding investment in penny stocks.

Featured photo credit: Investing Money via upload.wikimedia.org

More by this author

Nabin Paudyal

Co-Founder, Siplikan Media Group

Here’s Why Writing Down Your Goals Really Does Work Think Positive Mantras Help a Lot? Try Value Affirmation Instead 20 Healthy Spaghetti Squash Recipes For Delicious Comfort Food Benefits of Sauna: 8 Ways It Makes You Healthier and Happier 25 Websites Other Than Social Media To Upgrade Your Life

Trending in Money

1 40 Healthy And Really Delicious Meals You Can Make Under $5 2 Life Insurance: A Secure Way To Protect Your Future. 3 How To Save Money On Groceries: 13 Quick Tips 4 10 Investment Tips For Beginners 5 Top 6 Hacks on How To Build Credit Fast

Read Next

Advertising
Advertising
Advertising

Last Updated on April 19, 2021

40 Healthy And Really Delicious Meals You Can Make Under $5

40 Healthy And Really Delicious Meals You Can Make Under $5

Ever had those moments where you really wanted to eat something delicious and healthy but didn’t have the financials means to do so? Whether you’re a student or parent, this compilation of 40 great, healthy, and inexpensive recipes will make every night special and help you get fit! No more meals where you have to force the food down! It’s time to make that budget your best friend and turn it into great recipes. Enjoy!

1. Fish Tacos in Crunchy Shells ($3.56 per serving)

Is there a better way to end the day than a Fish Taco dinner filled with protein and nutrients and is easy on the wallet? This recipe calls for a boys’ or girls’ night in front of a good movie or game.

3080

    2. Mini-Meatball Noodle Soup ($3.43 per serving)

    We’ve heard of the delicious spaghetti and meatballs recipes, but imagine having that same meatball goodness in a soup? It’s like Christmas in a bowl. Healthy, warm, and only $3.43 per serving.

    3069_0

      3. Spaghetti and (Vegan) Meatballs ($2.13 per serving)

      Now it’s time to look at the traditional spaghetti and meatballs recipe, but with a little twist: vegan meatballs. This way, you can enjoy the Italian tradition without adding on the extra calories. I’m sold!

      3074_0

        4. Kabocha Squash and Lentils ($3.12 per serving)

        Absolutely delicious way to end the day with a Kabocha Squash and lentils dinner. The beauty of this recipe is that you can actually make many other things from the mixture, from dips to full-on meals. All under $5 per serving.

        Photo-Oct-26-21-e1414441326306-225x300

          5. Baked Coconut Lentils ($0.91 per serving)

          Coconuts are always a good idea, but it doesn’t have to be eaten only for dessert or breakfast. With this great recipe, you can now eat a lunch or dinner filled proteins and a coconut twist. Yum!

          3077_0

            6. Easy Marinated Roasted Chicken ($3.40 per serving)

            We love chicken and at less than $5 per serving, we are in heaven with this recipe. Add some vegetables and rice on the side and you’ve got yourself a full meal!

            3078_1

              7. Organic Greens and Goat Cheese Gratin ($2.36 per serving)

              This is absolutely divine. You get in your healthy greens and your fat macros with this great recipe. Takes only a few minutes to make and it’s easy on the wallet. Bon Appetite!

              Advertising

              3068

                8. Beef Pot Roast ($3.22 per serving)

                One word: perfect. This meal will warm your insides and fill you up with the high protein content.

                3079

                  9. Fajita-Style Quesadillas ($0.43 per serving)

                  If you want to eat Mexican tonight but want to stay in your budget, this Quesadilla recipe is your best friend. It’s tasty and filled with healthy ingredients for less than a dollar per serving.

                  R172184.jpg.rendition.largest.ss

                    10. Fish Tostadas with Chili Lime Cream ($2.82 per serving)

                    Another great lunch idea for the busy days ahead. Prep this in the morning or the night before and you’ve got yourself a healthy and cheap lunch meal!

                    R131419.jpg.rendition.largest.ss

                      11. Beef and Black Bean Chili ($1.36 per serving)

                      Might not look like much, but this amazing chili is actually extremely healthy for you. The protein from the beef and the carbs from the black beans will fill you up in no time, and keep you full for a long period of time. Delicious and warm, just right for the winter!

                      RU193781.jpg.rendition.largest.ss

                        12. Crispy Fish and Peppers ($2.18 per serving)

                        Amazing recipe for anyone looking to change up their meals while keeping their macros in check and not going overboard on spending. Satisfies your crunch tooth (see what I did there?) and gives you all the protein you need to stay full and lean.

                        R150828.jpg.rendition.largest.ss

                          13. Vegetarian Gumbo ($1.50 per serving)

                          You have the perfect macro mix here with the carbs, fats, and proteins. At less than $5 per serving, you’ve got yourself a meal that will last for the whole week!

                          R058526.jpg.rendition.largest.ss

                            14. Mexican White Bean Soup ($0.99 per serving)

                            With the cold weather creeping in, it’s not a surprise that soups are coming back in style. This great Mexican White Bean Soup dish will keep you warm for winter without making a hole in your pocket.

                            RU191493.jpg.rendition.largest.ss

                              15. Black Beans with Mango & Cilantro ($0.38 per serving)

                              Mangoes make every dish a little bit sweeter, which is why we absolutely love this recipe. A normal rice and bean dish might be a little meh, but add the sugary taste of mangoes and you’ve got yourself a party!

                              Advertising

                              Black-Bean-Cilantro-Mango

                                16. Bean Burritos ($0.71 per serving)

                                If you’re having people over tonight and don’t want to spend too much time or money on food, this dish is a great option! You can even cut up the burritos into pieces and make finger foods while everyone’s watching the game or gossiping.

                                IMG_4791

                                  17. Five-Spice Beef Kabobs ($2.43 per serving)

                                  The spices in this recipes add a delicious twist to the beef kabobs, which is definitely worth trying!

                                  RU173795.jpg.rendition.largest.ss

                                    18. Cornmeal Crusted Pork ($1.92 per serving)

                                    If you like the fried crunch but want to opt for a healthier alternative, cornmeal is your man. This healthy recipe will satisfy all your fried desires without making you pop open your pant’s button.

                                    R102170.jpg.rendition.largest.ss

                                      19. Chicken, Tomato & Cucumber Dinner Salad ($2.57 per serving)

                                      Easy to do, extremely healthy, and super delicious. A must-try!

                                      RU172118.jpg.rendition.largest.ss

                                        20. Lentil Soup with Beef and Red Pepper ($1.90 per serving)

                                        I can’t believe how cheap this meal is, especially for all the nutrients it contains. You can make a big pot on Sunday night and divide it into small portions to last you a whole week.

                                        RU202653.jpg.rendition.largest.ss

                                          21. Smoky Mushroom Stroganoff ($1.90 per serving)

                                          Craving pasta but not sure what to top it off with? How about smoky mushrooms with a twist?

                                          R131417.jpg.rendition.largest.ss

                                            22. White Bean Tuna Salad ($1.36 per serving)

                                            You can add this White Bean Tuna Salad in your sandwich or just eat it as-is for a quick lunch on a busy day.

                                            RU206151.jpg.rendition.largest.ss

                                              23. Sausage Eggwiches ($0.80 per serving)

                                              Who says you have to eat fast food to get an eggwich? This delicious recipe will give you an amazingly healthy eggwich for less than a dollar per portion. Can you say Breakfast?

                                              Advertising

                                              Sausage-Eggwiches

                                                24. Baja-Cali Black Bean Salad ($1.17 per serving)

                                                Great snack to add to a movie-night with friends. You don’t have to use chemically-processed salsas anymore, you can now use this homemade salad for your chip dips.

                                                Baja-Cali-Black-Bean-Salad-1024x682

                                                  25. Gnocchi, Sweet Corn & Arugula in Cream Sauce ($2.24 per serving)

                                                  Italians always knew how to make carbs look good! This delicious Gnocchi recipe will give your lunch a whole new meaning. Easy to make and only $2.24 per serving.

                                                  RU173796.jpg.rendition.largest.ss

                                                    26. Vegetable Lasagna ($1.73 per serving)

                                                    If you were looking for a healthy lasagna, you’ve just found it. At under $5 per serving, you can fill yourself up right away without putting on the extra calories.

                                                    R090413.jpg.rendition.largest.ss

                                                      27. Fajita-Ranch Chicken Wraps ($2.05 per serving)

                                                      Don’t know what to make for lunch this week? How about delicious chicken wraps with a healthy ranch? This recipe will make all your lunches, even the quick ones, healthy and colorful.

                                                      R105114.jpg.rendition.largest.ss

                                                        28. Quinoa with Pan Roasted Brussels Sprouts ($1.24 per serving)

                                                        A dish that has quinoa and brussel sprouts can’t be unhealthy, it just can’t, which is why this dish is one to keep in the books. Easy to make, healthy, and will keep you full for a long period of time.

                                                        Quinoa-Brussels-Sprouts

                                                          29. Butternut Squash Chili ($1.04 per serving)

                                                          You don’t need meat to make chili now that you have this recipe! It’s 100% healthy, filling, and smells absolutely delicious.

                                                          Butternut-Squash-Chili

                                                            30. Fast Shrimp Bisque ($2.03 per serving)

                                                            Seafood doesn’t have to be expensive if you know how to do it right, and this fast shrimp bisque is a great recipe to try if you’re in the mood for some seafood!

                                                            RU170895.jpg.rendition.largest.ss

                                                              31. Chicken-Noodle Casserole ($0.98 per serving)

                                                              Looks divine doesn’t it? This super easy to make dish will satisfy all your taste buds without burning a hole in your wallet or adding a few extra numbers on the scale.

                                                              Advertising

                                                              RU161399.jpg.rendition.largest.ss

                                                                32. Burrito Cups ($1.18 per serving)

                                                                Entertaining someone tonight and don’t know what to make as appetizers? These burrito cups are a great alternative to chips or other greasy finger foods. All you need to enjoy it is a spoon and a cup.

                                                                burrito-cups-1

                                                                  33. Lemon-Dill Shrimp & Pasta ($2.45 per serving)

                                                                  Another impressive shrimp recipe under $5 per serving. The lemon-dill twist adds a great taste to the dish.

                                                                  RU172115.jpg.rendition.largest.ss

                                                                    34. Potato Frittata ($0.87 per serving)

                                                                    If you want to eat potatoes for breakfast but still want it to be healthy, this is the recipe for you. At under a dollar per serving, this potato frittata will make you see potatoes in a whole new light.

                                                                    RU170901.jpg.rendition.largest.ss

                                                                      35. Grilled Pork and Pineapple ($2.67 per serving)

                                                                      Meat and fruits? Oh, yes. The juiciness of the pork mixed with the liquid sugar in the pineapple will make you wish you knew about it sooner.

                                                                      R104031.jpg.rendition.largest.ss

                                                                        36. Greek Honey-Lemon Pork Chops ($2.15 per serving)

                                                                        Another splendid recipe mixing sweet and salty for a healthy meal. Easy to make and absolutely mouthwatering.

                                                                        RU187523.jpg.rendition.largest.ss

                                                                          37. Jamaican Pork Stir-Fry ($2 per serving)

                                                                          You can add this healthy stir-fry to any dish as a side or amply enjoy it as-is for lunch or dinner. You can even make a wrap sandwich out of it if you’re in a rush to eat.

                                                                          RU170642.jpg.rendition.largest.ss

                                                                            38. Herbed Salmon ($2.49 per serving)

                                                                            Salmon contains a healthy dose of fats that will boost your metabolism, lower inflammation, and make you happier. At under $5 per serving, need I say more?

                                                                            R166367.jpg.rendition.largest.ss

                                                                              39. Five-Spice Pork Kabobs ($1.96 per serving)

                                                                              Exquisite recipe under $5 per serving that will most definitely awe everyone at your dinner party.

                                                                              R166368.jpg.rendition.largest.ss

                                                                                40. Stuffed Sweet Potatoes with Mango-Black Bean Salsa ($1.24 per serving)

                                                                                You don’t have to eat sweet potatoes alone anymore with this flavorful recipe.

                                                                                stuffed-sweet-potatoes

                                                                                  Featured photo credit: Featured Photo Credit: 5 Dollar Dinners via 5dollardinners.com

                                                                                  Read Next