Investors are always looking for creative ways to get more money from their budgets to invest for the future. Well, look no further than the coins you have at home. Recently, I was emptying the coins from a jar on my dresser and in counting the coins inside I found that it was more than $60. I thought this would be a good amount to put towards some investments. In the last few years, finding ways to invest every dollar has become a real priority. Nowadays, it has never been easier to do low cost investing with online trading and Direct Stock Purchase Plans (DSPPs). With DSPPs investing in your favorite stocks without fees is possible. So, I deposited the $60 in my checking account. Then I logged onto Computershare.com, a transfer agent to many large publicly traded companies, and browsed the many choices of stocks on their site. I decided to invest in Exxon Mobil Corporation (XOM). Starting with the $60 and a share price of $82, I was able to purchase .731707 shares of stock ($60/$82).
Exxon Mobil is the largest energy company in the world. It has paid a dividend every year for over 129 years!! As one of the Dow Jones 30 companies, it's about as safe an investment there is. I was able to start investing in this company for just $60, not bad for some loose coins on my dresser. Just think loose change is all over your house and in your car. Remember, all money adds up. So, start saving your coins! It could lead to your secure financial future.
