Are you curious about how to start investing?
It’s not as scary as you might think and today, with all the investment opportunities around us, it’s easier than ever for beginners to get started making money investing.
Investing is a great way to make money.
Many people might shy away from investing because they think it’s not within reach, they don’t have enough money to invest, or they just don’t know how.
This article will break the process down, showing you how to invest your money. Keep reading to learn how to make money investing.
Today, you can invest with as little as $50. There are even platforms that reward you for signing up with them, giving away free cash, free stocks, and more.
If this is your first time investing, I would recommend starting small to get into the “investing habit”.
For the majority of us, just getting into the habit of investing is the hard part.
You start the first month and forget to invest in the second month.
But there is a way around this, with micro-investing apps that work in automation.
Ok, let’s break this down into simple language.
Micro-investing is when you are investing small money – we are talking a dollar a day!
And automation apps are when you don’t need to set a reminder to invest, the app takes care of this for you.
Which apps offer this kind of service?
The Acorns app and the Moka app.
This is about making money in the stock market. The idea here is to buy a stock at a low price and sell at a high price.
For example, if you would have invested in Netflix stock when they were new to the market, you would have made a ton of money selling today.
Netflix has seen swirling success and put many long-standing companies like Blockbuster Video out of business.
To trade stocks, you’ll need determination, patience, and an understanding of the market, of course. You’ll have to pay attention to the world and current events, knowing when to buy and when to sell.
It sounds complicated because it can be, but there are tons of ways to make it easier.
You could take a course to learn how to trade stocks, you could trade in a team, you could also go with a stock-broker. Whatever direction you decide to pursue, don’t rule out this opportunity to make money with investing.
Commodities can be resources, metals like gold, energy, etc. People make a lot of money with the gold market, for example.
You might use exchanges like the Chicago Mercantile Exchange or the London Metal Exchange with supply and demand driving price changes up and down.
Cryptocurrency is an internet-based exchange medium. It’s like internet money and examples include Bitcoin or Litecoin. Cryptocurrency is definitely on the rise but, if you don’t know what you’re doing here, you could lose big.
Investing in real estate means you’ll buy a property and then make money through renting it out or selling it.
With renting, you could look at short-term or long-term renting to have the guests or tenants pay your mortgage.
You can charge $100/night and if you rented out the home 20 days out of 30 days in the month, that’s $2,000/month you can earn.
And, that’s with one property!
There are Airbnb millionaires that have dozens of properties and make their living in the short-term rental market.
With long-term rentals, you’ll have tenants sign a long-term lease for one year or longer and pay you monthly rent, which you can apply to your mortgage and keep the difference as your profit.
Alternatively, you can also look at buying property for the purpose of quickly selling it, or flipping it. This means you’ll aim for buying a low valued property, invest to renovate, then flip for a profit.
For example, you could buy a foreclosure valued at $100,000, for a price of $70,000. Then, you invest $10,000 to renovate the home and resell for $110,000, making $30,000 profit!
Investors make a full-time income with flipping too!
This is how you can make money with real estate investing.
Borrowers come to P2P lending networks because they are different from traditional banks. The networks can pay investors competitively and you can invest as little as $25 to get started.
There’s a ton of flexibility with peer-to-peer lending and you’ll be helping individuals that are in need, getting paid to do so.
Here are some peer-to-peer lending networks to check out:
Forex, short for foreign exchange is a market where you can profit from buying and selling foreign exchange.
I’ve seen forex traders make $2,000 in ten minutes!
Forex can take a while to learn. The basic concepts are pretty simple to grasp but when it comes to creating a strategy, reading candlesticks, and developing your own method, seasoned traders say it has taken them years to get really good at it.
While you’re learning, you can still make money. There are tons of free resources out there to help you learn, including trading forums, YouTube and other sources.
How do you actually invest your money?
How to invest 1,000 dollars?
Depending on your goals and level of risk you’re willing to take, you’ll make that choice.
You can choose to go one route or try your hand at multiple investing channels.
Our recommendation is to pick one route, learn all you can about it and focus on making money through that one investment channel.
There are other ways to invest, too. You don’t have to be limited to the investments we described above.
Webull helps you day trade through their platform. They even give you 2 free stocks when you sign up!
You open a Webull brokerage account and receive your free stock (valued between $2.50 and $250). Then, make an initial deposit of $100 and get a 2nd free stock (valued between $12 and $1,400).
This service is great for beginners. And, it’s a great way to trade stocks commission-free. They also offer a ton of technical research and data at your disposal.
If you’re looking to get started making money investing, check out the options we shared. Right now is a great time to start investing. There are many ways how to invest your money.
The post How to Make Money Investing – as little as $50! appeared first on One Fine Wallet.
