How should you invest your first 0? In this video, I will be discussing three different ways to invest with as little as 0. It can be challenging to find investments when you do not have a lot of money to invest, bit the options have gotten a lot better thanks to technology and competition! You do not need thousands or tens of thousands of dollars to invest now. You can get started with as little as 0!
📖 7 Ways To Invest 0: https://investingsimple.blog/2018/09/10/how-to-invest-your-first-100-dollars/
1. Invest through a robo advisor 🤖
Get the perks of active money management without the fees! Most financial advisors charge a 1% asset management fee or more. Betterment charges just 0.25% as a fee.
Instead of people, Betterment uses algorithms and technology to save you money!
The best part? No minimum account balance!
BETTERMENT: “Passive investing, they manage everything for you.”
2. Invest in some individual stocks 💸
If you want to be a more active investor, picking individual stocks can be a great way to invest!
There are many great free options out there for investing, such as Robinhood and M1 Finance. In my opinion, based on the features offered M1 Finance is a superior platform.
On the fence over M1 Finance and Robinhood?
📖 Read this article: https://investingsimple.blog/2018/08/09/m1-finance-vs-robinhood/
These free trading platforms allow you to invest in thousands of different publicly traded investments!
M1 FINANCE: “Invest in partial shares of stocks like Amazon.”
ROBINHOOD: “Invest in individual stocks commission free.”
3. Invest in a business 💡
Believe it or not, there are a number of different businesses you can start with as little as 0!
Looking for more business ideas?
💡 Here is our list of 50: https://investingsimple.blog/2018/05/10/50-businesses-you-can-start-no-money/
I recommend taking some kind of action and getting the ball rolling when it comes to investing. Don’t hold on to that cash because you will be tempted to spend it!
DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
AFFILIATE LINK DISCLOSURE: I am affiliated with Betterment and M1 Finance. This relationship does not influence my opinion on this platforms.
How To Invest Your First 0 💸 [3 WAYS] Investing As A Beginner With Little Money!