Paypal Investment

[Ed4252]

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

[chadlincoln]

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.

[CheeseBeger]

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.