Still in the theme of investing, I have asked how to invest, when to invest and I have heard alot of bizarre tricks to investing. Under the assumption that anyone reading this is new to investing or just practising, here is a beginners guide to investing with the bare minimum.
Investing; meaning to allocate money (or skill or time) in the expectation of some benefit in the future.
Rounding up 5 different Ways to Invest with little to no money:
Number 1: Investing in the stock market
When most people say "Invest" this is the first thing that comes to mind, and trust me it is not as expensive as you may think. Just learn the basics, decide if you want to be a speculator or an investor, pick your stocks then watch and re-balance as you go.
Number 2: Investing in Real Estate
Yes, this is a point when talking about investing with bare minimum, but hear me out, Investing in real estate is not always so expensive, there are different ways you could begin gaining profits from real estate without even owning a house. i.e. REITs
Number 3: Investing in Companies
Many people are looking to start businesses, even if you cannot contribute your money simply contribute your skills, or help in funding a start up that you have faith in.
Number 4: Investing in creating another stream of Income
Have you read our post on the 7 streams of income? Wellllll go back and read it again, and start investing in another stream of income
Number 5: Investing in yourself !!
You are your greatest asset, you only get one life, live it to the fullest, invest in yourself in any / all ways possible.
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