Tuesday, September 25, 2012

Setting up Investments

I have started to set up small automatic investing mutual funds with www.USAA.com. It automatically takes the funds out of your account so you have no control of it. There's accounts that have good history of returns and only $20 or $50 to start.

I also have started investing with www.mylendingclub.com. It's a peer to peer lending site where you put in money to let others borrow, term of the loans are either 36 or 60 months and depending on the risk which you can choose, you earn interest as high as 5% - 11%. I have just opened this account so I will talk more as I go along.

There's lots of investing options out there but with small startups, so far, I like the www.usaa.com.

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