How should I invest my money to make more money in a short amount of time?

I’m 22 years old, and wanting to purchase a house in the next year or two. I have money in savings right now which is making terribly low interest. What would be my best move? I’d like to invest the money short term, but I’d like to make a good amount of money doing so. Is that possible and how? CD’s and Money Market accounts just aren’t gonna give me the results I want.

As someone has already mentioned, the only way for you to make a lot of money in a short amount of time is through taking on investments with greater risk in order to be exposed to possible greater returns. However, if you’re wanting to purchase a house in the next year or two, you obviously don’t want to risk losing your possible deposit.

Beware of any "shortcuts" some people might suggest to the road to getting rich, as if it really worked a lot more people would do it.

In the short term, your best options are probably to try and earn some more money rather than earning interest or capital gains from investing your money.

In the long term your options are a little bit broader though.

I know this advice may not seem that helpful, but at least it may save you from possibly losing money by taking bad advice elsewhere.

What affiliate programs make the most money?

I am looking to join some affiliate programs, and I am part of barnes and noble, but looking for some more to make extra money. What programs have you joined that make money, and do you have any tips on making even more money with affiliate programs?

Hi: I have joined over 140 affiliate programs of gaming sites (bingo, casino, poker, skill games, and sportsbooks). Only about two dozen or so of these have resulted in any income — around $4K in the last 6 months.

If you are interested in promoting gaming sites, then you may find my article helpful; it’s called "Seven Tips for Choosing an Online Gaming Affiliate Program". It contains tips as well as my top 12 recommended affiliate programs.
http://robertmedl.com/7OGAPtips.htm

Email me directly if you have additional questions!
Robert

How much money does it cost to send a money order through Western Union?

I’ve never done this before but i need to send some money like an hour away. How much does the fee to send the money generally cost?

Use Wal-Mart. They charge $12.00

What is money and why does gold pertain to money?

Ok, I know that my question is a confusing one, but why does gold have to be considered money? Why can’t we use something more abundant for money so that everyone can be well off?

If we used something plentiful, say potatoes, as a form of currency then everyone would have so many potatoes that you would need an obscene amount of potatoes to get a car.

Having poor people is a necessary part of capitalism. Otherwise the price of food would have no baseline and milk would cost $20 a gallon and keep skyrocketing.

If it wasn’t gold it would be something else. Like rubies. All greenbacks are supposed to have a gold equivalent.

How much money should I give my daughter to spend on her birthday?

So I decided I’m going to take my daughter out on a shopping spree and maybe go to a movie/have dinner for her 13th birthday with some friends. I don’t want to give her too much money, but I don’t want to give her not enough to buy anything she wants.

So how much do you think I should give her?

By the way, she doesn’t get allowance, so she won’t have any money to spend except for the money I give her myself.

Give her whatever you can afford and you feel that she can spend responsibly.

$50 or more would be appropriate.

who gives money to political parties to raise money for the campaign?

I am just curious to know, who gives so much money for campaigning? According to Sheila Krumholz, the executive director of the Center for Responsive Politics, the presidential candidates alone have already raised more than $1.5 billion since the election cycle started in January 2007. Is that a joke? I know that to show ads on TV, they need some money but 1.5 BILLION is way too much.

Yeah…lots of people campaign on a platform of campaign reform, but somehow…they always tend to forget about reform once elected.

Money comes from Corporations and special interests, but alot of it is also individual donations.

Obama actually sells his campaign signs and banners to supporters instead of giving them freebies, so that’s a new way to raise money.

How much money should I take to California for vacation?

For like a three week vacation, how much money should I bring? I don’t need money for places to stay or for food. Just like spending money and to have a good time.

a lot because things in California are more expensive then in other states

How much money can you make until you have to start paying taxes?

I just started cleaning houses for some extra money. I make about $100 a week. Do I need to pay taxes on this money? Do you know how much money I can make with out having to pay taxes?

Depends on your marital status, number of dependents if any, if you’re a dependent of anyone else, and any other income you (or a spouse) have. Also depends if you are considered an independent contractor or not.

If you’re working for an employer, are single with no dependents, last year you could earn $8200 before you even had to file. Anything under that you wouldn’t owe taxes. You’d still get a W-2 from your employer at the end of the year showing your income and any withholding. If anything was withheld for income taxes, you would still want to file to get that money back. You might also be eligible for something called the Earned Income Credit which is a program that gives additional money to low income people who are working – if you don’t file, you don’t get that.

If you are a dependent of someone else (like your parents) then the filing limit would be lower. And if you’re considered an independent contractor rather than working for an employer, you’d be responsible for paying both the employee and the employer parts of Social Security and Medicare taxes.

But if you’re an employee, single, and not someone else’s dependent, then you won’t have to pay taxes if you’re only making $100 a week. The limits will go up a little this year from the $8200 last year, but I haven’t seen the new numbers out yet.

The above info is for federal taxes. Depending on where you live, there might be state and/or local taxes that you might have to pay.

Bringing money from another country to purchase a house here?

If a large amount of money like 40-50k is brought here from a foreign country, and some wants to use it to buy a house will they be taxes by IRS? I know there is a fee to transfer the money here, but should the IRS tax these money since it will be use for a house purchase.
It’s someone who sold a property there back in may and they have the money in the bank. The paid taxes there.

Whose money is this?

Yours? Non issue as you would have been reporting the bank account(s) every year on the form TD F 90-22.1.

A gift from mom and dad? Non-issue. You file an IRS form 3520.

PS "It’s someone who sold a property there back in may and " –if that someone is a us person (either US citizen or resident alien for tax purposes), then they a) have to report the sale on their US tax return (use form 1116 for a tax credit on taxes already paid) and report the bank account to the treasury department next June.

How does the Fed increase the money supply?

I understand how the Fed controls the Fed Funds Rate and I understand that injecting money into the system eases credit woes. However, if the Federal Reserve provides banks with more money, how does that money get translated into money in the money supply? Loans are only temporary, but the money supply increases consistently from year to year?
I understand how open market operations work, but what i don’t understand is how it contributes to the money supply. Money held at banks is not part of the money supply, so i don’t see how OMO’s can permanently increase the money supply.

Yes . The money is created out of thin air.