Are you one of those people who’s seeking for some of the best way to multiply your existing wealth, then the best way to do it so far is by investing the money in hand in any other investment instruments.
However, what tends to be the common mistake of people is that they believe that investments can only be done when you have a good stack of dollars in your hand, but contrary to popular beliefs, investments simply doesn’t require you to have a good amount of dollars in your hands, and you may be amazed to know the fact that you can do investments with as little as hundred dollars a month.
But what tends to be the real question is how? With that being said, if you thinking of the viable ways of how you can make 100 dollars or more as a profit on your investments, then seven best ways are being described below that will surely provide you with a profound experience.
Table of Contents
1. Real Estate Crowdfunding:
Though our first step might surprise you a bit, investing in real estate happens to be the best way one can start investing, that too with little money for sure.
If you can go with crowdfunded real estate, and can start your investing from as low as 500 dollars.
The way you can pull this off that you might need to get teamed up with other real estate investors, then you might to pool your money in and buy some rental properties from it.
Now you become the partial owner of the property, and the profit you would be receiving after selling that property would simply be incredible.
You can invest your money in Fractional shares of the company via the help of Public.com with ease.
This app doesn’t charge you any type of signing up free, and allows you to start investing with as little as 100 dollars.
Via the app, you can buy the shares of the company, and once the price of the share goes high, you can sell that share, and the profit you would be able to receive would simply be incredible.
3. High Yield Savings Accounts:
Investing in high yield accounts happens to be another best way one could invest his little money.
All you need to do is to put your loose change into an account which comprises a high yield interest rate.
Then leave your money from at least a year, and the profit you would be receiving on your loose change would simply be incredible.
If you seek the help of a financial advisor for investing your little money, then you might have to pay him a couple of dollars too.
But not any longer, you can seek the help of a robo-advisor who would provide you with the best ways you could invest your little money, that too by charging a 0.25% of your account balance.
5. Invest Your Spare Change with Acorns:
Acorn allows users to invest their loose change, literally like it will round off your debit or credit card purchases to the nearest dollar, which simply means that you would be investing with literally zero money.
Just like the app to your debit or credit card, and once your balance reaches 5 dollars, Acorn would do the investments for you, and would generate you a good amount of profit.
6. Get Free Stock Market Trading with Robinhood:
Robinhood happens to be an ultimate platform which allows you to trade individual stocks, ETF shares and even crypto currency via the app, that too with charging zero commission.
All you need to do is to buy fractional shares in Robinhood, and sell them, and we are sure that you would receive a heap amount of profits within no time.
7. Certificates Of Deposit (CDs):
CDs happens to be another great way one can start investing with little money, all you have to do is to purchase a CD, and leave it for a certain time,
Then once you would sell it into the market, due to its high yield interest rate, you would be receiving premium profits over your money!
While wrapping it all up, investments are something that makes sure that you have got yourself covered for your upcoming life, hence this happens to be a factor that no sensible man would ignore.
With that being said, some of the best viable ways provided to you above which tried out by numerous people. And hence we are sure of the fact that they would work for you as well, and would allow you to generate heap of profits from your investments.