Published On Jun 21, 2018
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:
📈 https://www.goodfinancialcents.com/re...
Best Investment Platforms Where you Choose Investments:
📍M1 Finance: http://jeffrose.com/mm1
📉 Ally Financial: https://www.goodfinancialcents.com/re...
📌Etrade:
https://www.goodfinancialcents.com/re...
📊 https://www.goodfinancialcents.com/re...
Micro-Investing Platform:
🤝 https://www.goodfinancialcents.com/re...
You can read more about Fundrise here:
📰https://www.goodfinancialcents.com/fu...
You can start investing with as little as $500 here:
https://www.goodfinancialcents.com/re...
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.
00:00 Intro
01:48 ➡️ 1. Investing in the Stock Market - 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.
10:49 ➡️ 2. Investing in Real Estate with Fundrise - This is a great way to get into real estate investment without having to get a loan and actually finding and buying a property.
13:32 ➡️ 3. Start an Online Business - There are so many options for an online business and the room for financial growth with an online business is amazing!
20:17 ➡️ 4. Invest in Online Courses - 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.
26:03 ➡️ 5. Flip Challenge - 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:
📈 https://www.goodfinancialcents.com/re...
Best Investment Platforms Where you Choose Investments:
📉 https://www.goodfinancialcents.com/re...
📊 https://www.goodfinancialcents.com/re...
Micro-Investing Platform:
🤝 https://www.goodfinancialcents.com/re...
You can read more about Fundrise here:
📰https://www.goodfinancialcents.com/fu...
You can start investing with as little as $500 here:
✅https://www.goodfinancialcents.com/re...
▶ Check out my gear on Kit: https://kit.com/jeffrosecfp
★☆★ Want More Good Financial Cents? ★☆★
💻 Check out my blog here: https://www.goodfinancialcents.com/
Listen to my podcast here:
🎙 https://itunes.apple.com/us/podcast/g...
Pick up my best selling book, Soldier of Finance, here:
📗 http://amzn.to/2xOH78V
Connect with me on Twitter:
/ jjeffrose
My most favorite inspiration T-shirt line, Compete Every Day:
👕 https://www.goodfinancialcents.com/co...