How to Invest $500 (5 Brilliant Ways to Invest 500 Dollars)
Wealth Hacker - Jeff Rose Wealth Hacker - Jeff Rose
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 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...

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