Guest Post

4 Ways to Invest $100

4 Ways to Invest $100

Investing is the process of gradually increasing the money you start with over a period of time.

If you’re reading this there’s a chance your looking to make some money. Don’t worry if you don’t have thousands of dollars to invest, you can get started with as little as $100.

Assuming that your debt free or on track to clearing your debt, how you decide to spend this money can earn you a little side income. With investing the more money, you put in the more money you can take out. If you know that you can’t afford to make a $100 investment every month due to debt, You Shouldn’t Be Investing. Focus on spending any extra money you have on clearing it. In the end you’ll save a lot more money by avoiding higher interest payments.

A $100 investment will not make you rich or give you the money to clear your debt anytime soon. However, it is a great way to get started if you’re interested in learning how investing works. Investments take time, so whichever way you decide to spend your money be patient with receiving returns.

Here are 4 ways to invest $100:

Thinking Long Term

Long term investments are for those who want to buy and hold. Buying stocks and bonds are among the most common way to implement this strategy. To be on the safe side, investing in blue chip stocks are a great way to get started. A blue chip stock is a stock of a large and well established financially stable company that shows consistent growth. These stocks grow at a slower rate and have the highest chance of showing returns over time. Another way to invest long term is to buy bonds. In simple terms bonds are like loans and you (as the buyer) are the lender. Typically, bonds take time to gain in value, but it is guaranteed to increase depending on what type you buy. 

Buy & Flip

A great way to invest $100 for the short term is to buy and flip products. The strategy is to find undervalued products then sell it for more than you paid. It’s easy to find undervalued products simply go to a yard sale, thrift store, or anywhere giving away items for a low cost. Anything that you find with a price tag is generally a good indicator that you have an item that can be flipped. But then again, beggars can’t be choosers, so if there aren’t any tagged items available buy what’s in good condition. If you would buy the product, chances are someone else will to. Once you purchase the product the easiest way to sell it is on an online auction place like eBay or craigslist.

Invest in Knowledge

A lifetime of knowledge can be stored in a book, they are a great source to learn from. Experts literally share a piece of their knowledge with readers. Even though a good fiction book can be entertaining this is not the type of books to buy. Purchase books that will teach you something new like a specialized knowledge. For example, a book that teaches you how to invest. With $100 you can easily afford to buy several books packed with valuable info. The hardest part about having a bunch of books is reading them all, so only invest this way if your serious about learning. Courses are another good way to get an expert’s knowledge on a subject. The internet is home to thousands if not millions of courses. Search the web for what you want to learn and begin learning.

Start a business

The best investment anyone can make is starting a business. With a business your ROI (return on investment) depends on the amount of effort you put in. Now a days starting a business is easier than ever, thanks to technology one can start a business as long as they have WiFi. The web is home to millions of businesses, the easiest ones to start are blogs, online stores, or your own website offering a service. In fact, you can start with less than $100 since the criteria is so low. All you need is a domain and host which can easily be found for cheap.

My name is Charles Findlay and I’m a finance writer. Four years ago I discovered my love for the world of finance. Now I’ve decided to share my love of this world through writing. I’m currently learning more about this topic at Montclair State University. Within a few years I’ll have my degree and hopefully will have taught many about finance through my writing.

Next article How to Expand Your Portfolio with Investment Apps
Previous article Finances To Think About When Buying a Home

Related posts