You need to focus on securing the funds you have. Mix investments in secure instruments with equities. These include fixed income investments like bonds and treasury bills. How much should be in secure investments? A general rule of thumb is to use your age as the guide.
>>>You can take out these earnings as extra funds to use as you please. It is your money, after all.However, if you put these earnings to work, you could increase your wealth over a few decades.
>>>Remember this also counts as a source of income, so you'll have to show it on your tax returns.Credit Cards: The idea of credit cards being an investment option might not be directly obvious. But there is an avenue there.In some credit cards, you get the option of rewards through points.
>>>If you want help to build your investments, you could choose mutual funds. Your money goes into a common pool of funds, with contributions from several investors. A fund manager utilizes this fund to pick bonds, shares, and other instruments to invest in.
>>>An income fund consists of stock, mutual bonds, and ETFs that seek to generate income for shareholders; these are invested in securities that offer fixed dividends or interest payments. Typically, these funds are very flexible.
>>>Also, it's best not to stick to one fund family. Stocks are not the only investment option. Other profitable avenues include real estate funds, fixed income funds, and arbitrage funds.
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