The financial and real estate worlds are moving from the high street, and focusing more on the online market. So, now may be the time get involved and start making some money through these channels.
After all, they're two words that are synonymous with dollar signs, right?
6.1: Peer-To-Peer Lending
Peer-To-Peer lending, or crowdfunding, is a way of making money for absolutely no work. However, it’s high risk, so you need to understand the pros and cons of doing it.
Basically, people come looking for loans from Peer-to-Peer lenders because they cut the bank out of the middle, and can get better rates. And it’s good for you as an investor, because you can often make up to 7% (or more) back on your money for doing nothing.
You often don’t need to be the sole lender, either. You can buy into different loans for smaller amounts, like $25, and still get a return when the debt is payed off.
These are all regulated and you have a lot of protections in place. So, it’s not like just giving your drunk mate $25 that you’ll never see again.
But, like I said, this can be quite risky. So, before you take part in any of these schemes, I’d take a look at this guide from Money Saving Expert.
You can get involved in lending at:
There are many, many more, too. But these are the only sites I’ve seen that have been thoroughly reviewed and vetted. So, choose one of them if you’re new to all this.
6.2: Change Your Bank Account
This is only a small one, but you can earn an extra $100-$200 for doing something that really won't affect your life in the long run. You can get more interest, better rates, or actual cash in hand just for switching your account(s) over.
Money Saving Expert put together a whole guide on it right here that can make the process easier, and more profitable, for you.
6.3: Forex Trading
I used to have a client I ghostwrote for who, at times, made $1,000-$2,000 per day on the Foreign Exchange (Forex) market. Like all trading as you’ll see next it’s a little like gambling, and is risk and reward. I’d suggest reading more from the pros right here.
Or, if this really is up your street and you want to know the ins and outs of making money this way, you can check out Viper Chill's piece on how Campbell makes up to $10,000 a month Forex Trading.
Here are some sites for you to get involved in Forex:
6.4: Stock Trading
Stock Brokers are world renown for making (and losing) a lot of money. Now, finding a reliable case study about online stock trading is pretty hard, because people like to keep that under their hats a little.
But as long as Wall Street is around, and sites like Ameritrade and Scottrade keep putting adverts on the TV, you know it's a profitable industry. Instead, here's a guide from The Guardian on the best ways to learn or get involved with stock trading.
But, if you can’t be bothered with all the shouting and punching other people in the face to buy stocks in pantyhose, you can do it all online at one of these sites:
