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Paypal Investment

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Paypal Investment

Postby Ed4252 » Sat May 26, 2007 6:35 pm

Right now, I have quite a bit in my paypal account. What would be the best way to use that money to invest it. Should I just cash out and just have them send me a check and invest it that way. Or is there a service like a stock broker etc that lets me to invest with paypal.


I posted this question in another forum and got a couple of responses. Was wondering what Fantasybaseballcafe members thought. Some repsonses included: PayPal Money Market Fund/transfer it to my bank account and invest it that way/use ELoan-FNBO savings
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Postby chadlincoln » Sat May 26, 2007 10:13 pm

Paypal does give around 5% in their money market which is pretty good for a short term investment. Anything long term, I'd think about investing in a mutual fund but if you plan on spending in within a month or two, the money market there at Paypal is probably good enough.
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Postby CheeseBeger » Sun May 27, 2007 2:56 am

chadlincoln wrote:Paypal does give around 5% in their money market which is pretty good for a short term investment. Anything long term, I'd think about investing in a mutual fund but if you plan on spending in within a month or two, the money market there at Paypal is probably good enough.


Sounds like solid advcice.
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