I understand that T-Bills are great to buy, though possibly not in this economy. What are some great small time investments to do with less than $1000, possibly just $200 or so? I know that is a very small start, but I was wanting to start investing at a small slow rate.

My friend/ roommate says that investing in stocks is the best way to earn residual income, coming form interest, etc. How do I go about doing that? What would be my first steps?

Lets say, for example, that I started a new business. Later, I find that I need funding to grow. I find an investor who wants to invest $10 million into my company. This sounds great to me, but what does that persons business get out of investing in my company? Does he now own most of my company, or do I pay him back over time? If he does own my company, whats the point of getting investment if I lose control of my business?

I keep getting messages from fleet operators about investing in vehicles and getting a steady income. It goes something like this:
Invest Rs.1,50,000/- and we will buy a vehicle in your name. You would earn Rs.5,000/- per month for next 3 years. Driver, maintenance, finance, etc will be borne by the operator.
Has anyone tried this out? Any catches here?

Is there something that I and other family members can start investing into for my nephews and nieces college? I don’t think my sister thinks far enough ahead to prepare and I would like to see her kids have the option of going to college.