Investing money on a consistent basis is the best way to ensure that you will have a healthy bank balance in the future.

Too many people let their money remain in checking and savings accounts, while they could be investing it and earning solid returns on a monthly basis.

However, it is important to be sensible while investing. Unless you are very lucky, it is unlikely that you will get rich quickly by investing money. Making the right investments is a long term process, and one that will prove fruitful when you look at your bank balance in ten or fifteen years.

Saving and Investing

When you earn a certain amount of money per month, it is important to set aside 30 to 40 percent for savings and investments. For example, someone earning $4000 a month should not be spending more than $2200 or $2300. The remaining $1700 to $1800 can be split among savings and investments. Save a portion so that you have cash at hand for a rainy day, but take the rest of the money and invest it in stocks, bonds, FOREX, or mutual funds. The options you have for investment are limitless. It is simply a matter of how much risk you are willing to take, and how quickly you want to see solid returns.

Steady Investors

Where you invest your money depends on how many risks you are willing to take. Many people prefer to take less risks, and they invest in Roth IRA’s, Rollover IRA’s, 401(k)s, and government bonds. A portfolio made up of these financial instruments will give you solid returns, but you will not see more than a 10% gain on a yearly basis, and that is if the market does well.

Risk Takers

If you are a risk taker, then stocks and the FOREX market will be more to your liking. Stocks can be bought individually, or you can speak to an investment bank and ask them to handle your money.

Forex Market

Forex trading can be done online or through an investor. The foreign exchange market is relatively straightforward. Let’s take an example where someone wants to make money off the Dinar to US Dollar exchange rate. To start off with, the investor will buy Dinar worth $100 at the current market exchange rate. Then, they will hold on to the money as Dinar in their account until the Dollar/Dinar exchange rate decreases. Once this happens, Dinar can be sold in exchange for dollars, with a profit made on the transaction.

When dealing with the Forex market, it is important to keep up with the constant changes. In the case of the US Dollar and Dinar exchange rate, it is important to keep up with any Dinar news that may affect the exchange rate.

How you invest and how much you invest will play a key role in the kinds of returns you see in 5, 10 and 15 years. It is important to remain patient with investing, and to only take calculated risks that you can afford to. Following the above steps will see you grow a healthy bank balance for the future.

A great way to make money, earn money is to invest it. It may run risks but the rewards are stupendous.

There are traditional ways of investing money like through bonds, savings, stocks and a business. Yet there are wacky ways to make more money out of your money.

Here are the top five wacky ways that your money can grow:

Collecting comic books

Have you ever collected comic books? Sure when you were younger because you loved the characters. But did you know that collecting it and preserving it in mint condition can earn you money? How? Simple, the 1960 Superman comic book is now valued at $280,000. The first issue of the Superman comic book can fetch easily a cool $350,000! Comic book addicts said that comic books get more valuable when a new character is added.

Buy domain names

This may be a passé way of earning money but you can buy domain names and keep it until someone is willing to buy it from you. However, there is a catch as some governments have been strict on this practice of cyber squatting. There have been laws made just to curb this practice. Still there is no harm in getting some of the names that can be interesting in the future which does not go against copyright, trademark laws and also cyber squatting.  While you could have made thousands, if not millions in the early 1990s, those days are long gone.

Invest in wine

Wine tastes when it ages. This principle makes wine more expensive as they grow old. You can buy wine at a cheap price and let it age. Sell it in a future time and voila you get back your investment plus some profit. The good thing about this venture is that, good antique wines will be selling like hotcakes. You just need to invest in a great wine cellar to preserve the quality of your wines.

 Collect old toys

It is similar to collecting comic books. Collecting vintage toys can be one of your cash cows. Did you know that an action figure that probably sold for less than $20 in 1978 can cost around $6,000 today? Yes! If you have a mint condition 1969 Barbie doll lying around that cost around $3 then could cost around $8,000 today.

 Lend to lending clubs

Lending clubs are networks where you can make your money grow by lending it to people. You can lend as small as $25 in lending clubs that flourish all over the Internet. Don’t worry, the clubs peruse the credit scores and recommendations of friends to let people with good standing borrow some money from you for interest.

The bottom line is that there is no crazy idea when making money. Your imagination stands in the way of getting more money from what you already own.  Sure, while some of these ways can help you make money, it’s going to be nothing such as bonds, stocks or even real estate.