Do you use PayPal for just about anything like selling on eBay or depositing your Google money or other get paid to write sites online? So what did you do with your cash after deposited to your PayPal account? Alright, I am not trying to intervene your expenses or mishandling of your money but if you are curious on how you can earn money in investing online like Money Market Fund, then you might want to try to sign up for PayPal Money Market account. This is the way that you can invest in Money Market without any fees in your part or balance requirements to open a Money Market Fund with PayPal. So if your cash just sitting around in your PayPal account for months then why not multiply it by opening your PayPal Money Market Fund at your PayPal account page. Your PayPal won't change if you apply for Money Market, and besides you can spend the money without any penalties from your PayPal Money Market account. But remember also that you could lose your cash balance value if the market is so bad but you will usually earn because the PayPal Money Market Fund is managed by a trillion worth company called Barclays Global Investors. I invested my eHow money myself and I did not lose money yet from this PayPal Money Market Fund but you will decide. Just take a look and see, it's free! It's possible to lose your money in investing Money Market but if you are a risk taker then try it.
Open your free PayPal account and sign up for free PayPal Money Market Fund. You only need a dollar to open at least and that's it. So if you think that you have some cash balance in your PayPal account that you are willing to risk in the Money Market then you might have a chance to add more cash in your account. Right now, you will be earning just 2.29% of whatever cash balance you have in your PayPal account and your Dividend will directly deposited into your PayPal account twice a month.
You can get your PayPal Money Market as just like you are spending your PayPal cash balance. Nothing really much change, it's just differ when you earn or lose but the spending of your money the same as usual. My Dividend is directly deposited to my PayPal account balance also, I got one in August 1 and then I got another Dividend in August 30, it's like you invest and then get the Dividend right away go back to your account.
Fund your PayPal account more and then you will earn more. That's how investments works but if not lucky just like our economy today then you might just stick to what you can afford to lose in the market in terms of investing. This PayPal Money Market account is not FDIC insured but if you read who managed your money then it will help you get an idea where to stand or sit.
You can also invest in any Money Market Fund besides PayPal like HSBC Direct and ING Direct or Savings and many others. Just be aware of the risks in investing.
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