Looking for what $100 can do for you? There are quite several them. $100 could be small but you’ll never how much that small bucks could help you achieve.
So do not just throw in the towel thinking you’ll never be able to do a thing with that token you have.
To help you find what you can do with $100, I’ve written you this article to guide you. Do take your time to read through.
Meanwhile, here’s the table of content below to help see what you’ll find in this article.
What Can I Invest In With 100 Dollars?
So, what can I invest in with 100 dollars? You know, one of the problems people face in starting out their business is the funds with which to start off.
Listen! Here’s what I want to tell you: even if it’s just $50 bucks you have, you can start a well-meaning business with $50 or less. Blogging, selling on ebay and working as a brand sales representative are some of what you can do. How much more a $100? There is a whole lot you can do with this amount.
So, follow me very closely on this, and I’ll show you what different businesses you can start now with just $100.
Invest in your own personal development
This is absolutely a form of investment with the potential for a great rate of return. Taking classes and learning new skills can improve your earning power. Your $100 could turn into something much larger with the right strategy.
Related: 20 Ways you get Paid to Search the Web in 2023 | Make $3000/Month
Buy individual stocks
$100 might not buy you a lot of stocks, but investing in one right stock may make you money. Using a discount broker, such as Ally, can help keep your trading fees down. Ally offers research tools to help you choose the right stock. Investing in individual stocks rather than ETFs can help you do better than the market average. You can start investing with no minimum deposit on Ally Invest.
Automate with robo-consultants
The last thing you want is huge broker fees when you just have $100 to invest. Stocks and bonds are generally left out of the equation by this. Consider Betterment, a robo-advisor, instead. Robo-advisors offer online digital investment services.
You insert your priorities and your risk perception and the machine handles the rest. Based on your feedback, it chooses investments for you. There is no minimum account, so it’s a perfect investment for starters. Visit Betterment in order to start building your money.
Read: 20 Websites where you can write and get paid instantly
Invest in investments in short-term assets.
CDs are a good option when you want a stable return on your cash. For a larger APY, you can get a quick turnaround of 6 months or wait up to 5 years.
Online banks are known for offering great offers, like CIT Bank. That’s because they don’t require physical places to be preserved. They pass savings to consumers with a higher interest rate in return.
Invest in your own self
This is absolutely a form of investment with the potential for a great rate of return. Taking classes and learning new skills can improve your earning power. Your $100 could turn into something much larger with the right strategy.
Start Your Own Business
Starting your own business can be one of the best things you ever do. The higher up the ladder you are, the more you get paid, and the more control you have. And you can’t go any higher than owning your own business.
Also Read: How do credit card companies make money? We have 5 Proven Ways
Start a Blog
If there’s one thing in my life that would be considered “The Game Changer” it would be starting this blog. Not only have I impacted millions of lives with the content I’ve published, but I’ve also made some serious extra money.
The one thing I love about starting a blog is that it doesn’t take a lot of money to get started. In fact, for less than $100 you can have your blog live in less than 20 minutes. Now that’s efficient!
Conclusion
Aside from some of what we have listed here, there are so many other ways you can invest your $100 bucks and make huge profits. You could discover them by searching the web or seeking counsel from an elderly person. In any way, ensure to invest that money, do not just squander it.
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