How to Invest $500 (5 Brilliant Ways to Invest 500 Dollars)

How to Invest $500 (5 Brilliant Ways to Invest 500 Dollars)

Today we are going to talk about INVESTING!! Particularly, how to invest $500. For some of you that may seem like nothing and for others that may seem like a lot. Like how do you even come up with $500. (But that is a whole other video). So, if you have $500 and you want to start investing….how do you do it? Where do you go? What options do you have? 🤔 So you have $500 - does that limit you on your investment options? Yes it can limit you somewhat. Vanguard you will need like $1,000, Fidelity $2,500 and Schwab you need $1,000 - unless you do a monthly ACH. However, there are some options out there that you can invest in for $500. ★☆★Resources Mentioned in Video:★☆★ Best Investment Platform Where They Choose Investments for You: 📈 http://bit.ly/2siuaDi Best Investment Platforms Where you Choose Investments: 📍M1 Finance: http://jeffrose.com/mm1 📉 Ally Financial: http://bit.ly/2LXH6Y9 📌Etrade: http://bit.ly/2se3pji 📊 http://bit.ly/2z9UZyd Micro-Investing Platform: 🤝 http://bit.ly/2zq8Mlh You can read more about Fundrise here: 📰http://bit.ly/2sii3UL You can start investing with as little as $500 here: http://bit.ly/2sjBq1L There are lots of options out there - but I want to focus on my Top 5 options. The ones that I feel are the easiest to implement while seeing the best return. ➡️ 1. Investing in the Stock Market [1:48] - Investing in mutual funds, ETFs and/or stocks depending on your experience, your time frame, etc., you can start with companies like Ally Invest, E*Trade, or Betterment. ➡️ 2. Investing in Real Estate with Fundrise [10:49] - This is a great way to get into real estate investment without having to get a loan and actually finding and buying a property. ➡️ 3. Start an Online Business [13:32] - There are so many options for an online business and the room for financial growth with an online business is amazing! ➡️ 4. Invest in Online Courses [20:17] - There are a ton of online courses. Lots of them are scams - avoid those! (You are not going to become a millionaire overnight). I am talking more along the lines of educational courses. Courses that will teach you how to run your business and be more profitable. ➡️ 5. Flip Challenge [26:03] - If you are going to spend so much time on your phone - be productive while doing it. Instead of playing games or trolling social media, go to a garage sale or Craigslist, find something on sale and then flip it online for a profit. So those are my top 5 picks for investing. Which one resonates with you? 🤔 Which one are you going to take action on immediately? 🙌 Maybe you have already tried one of these options, share your story! Let me know in the comments. ★☆★Resources Mentioned in Video:★☆★ Best Investment Platform Where They Choose Investments for You: 📈 http://bit.ly/2z9UZ1b Best Investment Platforms Where you Choose Investments: 📉 http://bit.ly/2znclIE 📊 http://bit.ly/2z9UZyd Micro-Investing Platform: 🤝 http://bit.ly/2zq8Mlh You can read more about Fundrise here: 📰http://bit.ly/2sii3UL You can start investing with as little as $500 here: ✅http://bit.ly/2LZBWuO ▶ Check out my gear on Kit: http://bit.ly/2sgdtrU ★☆★ Want More Good Financial Cents? ★☆★ 💻 Check out my blog here: http://bit.ly/2ppyodo Listen to my podcast here: 🎙 https://apple.co/2zprXvl Pick up my best selling book, Soldier of Finance, here: 📗 http://amzn.to/2xOH78V Connect with me on Twitter: https://twitter.com/jjeffrose My most favorite inspiration T-shirt line, Compete Every Day: 👕 http://bit.ly/2hFjaOx
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