How to Invest 100 Dollars [And Grow it to $1,000+ Fast] (2024)

Today you’re going to see my favorite investing strategies in action.

Specifically, I’ll show you how to invest 100 dollars so you can maximize your return on investment.

Let’s get started.

Can You Start Investing With 100 Dollars?

Yes! You don’t need thousands of dollars.

And by “investing” I don’t just mean that you should invest in the stock market.

There are many other ways you can invest your money, such as:

• Investing in assets
• Investing in yourself
• Investing in your network
• Investing in your education

Don’t wait for the right time to come – because there will never be a right time. Start now.

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And that’s the secret to investing.

You owe it to yourself to begin today and not hold off investing for another day or month or year.

18 Best Ways to Invest 100 Dollars Right Now

There are so many different and diverse ways to invest 100 dollars.

And in this post, I’ll show you the best ways to invest $100, ranging from stocks to crypto and even real estate.

Let’s dive right in.

1. Invest in Rental Homes

Thanks to modern technology and fractional share investing, you can now invest in rental real estate for as little as $100.

The most popular rental real estate company to invest with is Arrived Homes.

In fact, Arrived is so popular that it often sells out its rental homes within hours of releasing them!

And it gets better: Arrived Homes is free to sign up 👇

Arrived Homes is actually one of the first companies to offer fractional investing in the rental space.

With Arrived Homes, you can:

• Invest with just $100
• Earn money passively
• Diversify your portfolio
• Hedge against inflation
• Benefit from property appreciation

Did you know?Jeff Bezos was one of the very first investors in Arrived Homes.

Arrived, which is headquartered in Washington state, now offers the opportunity for anyone to invest in real estate in less than 5 minutes!

Here is how you can invest your $100 in rental real estate:

• Join Arrived Homes (it’s free)
• Fund your Arrived Homes account
• Start browsing the different properties
• Select which property(ies) you want to invest in

It’s that simple.

Caution:Since there is such a high demand from Arrived Homes clients to invest in rental properties, the properties sell out fast.

So, if you see a property that you like and want to invest in, you should probably act sooner than later.

Below are some examples of the offered properties:

Since the tenants of each property pay a monthly rent, you also receive a portion of the rent in the form of quarterly checks.

Additionally, if you decide to hold this property for the recommended 5 to 7 years, then you can also earn a profit from the home’s capital appreciation.

Below are some recent stats from Arrived Homes:

While Arrived Homes is still fairly new (founded in 2019), the platform’s track record so far has been pretty impressive.

Some downsides to Arrived Homes include:

• Illiquidity (up to 7 years)
• No secondary market (yet)
• Fees tend to be a little higher (1% to 2%)

So, if you’re serious about earning passive income and a profit in the future – then Arrived Homes might be the best next investment for your $100.

Recommended Reading: Arrived Homes Review

2. Invest in Local Businesses

If you’ve ever wanted to invest in a local community and help small businesses thrive – for just $100 – then check out Mainvest 👇

Mainvest offers you the chance to:

• Earn passive income
• Hedge against inflation
• Diversify your investments
• Invest in local, small businesses
• Earn annualized profits between 10% to 25%

Thanks to Mainvest, you don’t have to be an experienced venture capitalist to invest in small businesses.

Mainvest offers opportunities from California to Massachusetts:

However, most investments seem to be in:

• Maine
• New York
• Massachusetts

There’s more good news with Mainvest:

Did you know?As an investor on Mainvest, you pay $0 in fees.

Yes, you read that right – you don’t pay any fees.

Mainvest earns its money by collecting fees paid by the businesses that are represented on Mainvest’s platform.

The typical business that you’ll find on Mainvest can include:

• Bakeries
• Breweries
• Restaurants

If you’re curious about a certain business that’s listed on Mainvest, you can always click on the business’s icon and learn more about:

• Financial data
• The amount raised
• The current number of investors

The screenshot above is about a business located close to where I live – in Miami, Florida.

Notice the 1.6x investment multiple from the screenshot.

Investment Multiple Definition:An investment multiple is the maximum amount of cash payouts a business will promise you in exchange for your investment.

If the investment multiple was 2x and your investment was $100, then the maximum amount of money you can earn would be $200.

Since Mainvest has such a rigorous vetting process, there’s a high likelihood that the businesses on the platform are reputable.

In fact, less than 5% of businesses actually pass Mainvest’s vetting process.

Always be sure to do your proper research before investing.

Recommended Reading: Mainvest Review

3. Invest in Real Estate Investment Trusts

Have you ever wondered what it would be like to be a part of the high roller world of real estate investing?

Thanks to modern Fintech, you no longer need $10,000s to get started in real estate investments.

In fact, you can start investing in real estate for as little as $10 with platforms like Fundrise 👇

Real Estate Investment Trusts Definition:A real estate investment trust (aka REIT, pronounced ree-t), is a company that owns and operates income-producing real estate property, typically across several different real estate industries.

Fundrise currently (end of 2021) is offering 240 private real estate deals across the country for investors like you and me.

Here’s why investing with REITs is a great option:

• You earn passive income
• You earn any profits from a REIT sale

Pro Tip:One reason why you may want to consider investing in real estate – in general – is because real estate is a great way to diversify your investment portfolio, especially if you’re invested 100% in the stock market.

Plus, real estate typically acts as a hedge (or something that balances out) the rising pressures of inflation.

Take a look at some of the pros and cons below of why you want to consider investing in private REITs:

While the points above are simply a few guidelines, you definitely want to do your own research before you start investing with platforms like Fundrise.

However, if you take a look at the comparison below, Fundrise has outperformed stocks and US REITs in the following categories:

• Average income return
• Return of the worst quarter
• Number of positive quarters

Investing in real estate has been made extremely easy for you in today’s world, thanks to modern technology.

Recommended Reading: Fundrise Review

4. Micro-Invest

If you are new to investing, you may want to consider micro-investing.

Micro-Investing Definition:Micro-investing means you invest in stocks, just in very small quantities, such as in $5 increments.

Acorns helps you select your investments and then helps manage these investments on an automatic basis.

It’s easy to get started investing with Acorns – and it takes seconds to open your account.

Here’s why Acorns could be a good fit for you:

• $0 to open an account
• $5 needed to begin investing
• Offers automatic investment rebalancing
• Management fees cost between $1 to $5 per month
• Offers excellent customer support every day from 6 am to 7 pm PST

How long does it take to set up your Acorns account?

It’s ridiculously easy.

When I opened my Acorns account, it took me all but 5 minutes.

And you can invest your spare change (we’re talking pennies) thanks to the Acorns Round-Up Feature.

Acorns Round-Up Feature:After you link your credit card or debit card (for example) to your Acorns account, Acorns will track what you spend and round up your purchase, which will be held for investing in your Acorns account. Once all “held” purchases total $5, Acorns automatically pulls in the $5 and invests your spare change.

Here’s an example:

• You buy ice cream for $4.25
• Acorns rounds up your purchase to $5.00
• Acorns “holds” the $0.75 (spare change) in your account
• Once all of your spare change totals $5.00, Acorns automatically pulls that amount into your Acorns account and invests it

The Round-Up feature is so unique because you literally make use of every last penny.

And, when something is out of sight, it’s out of mind, which helps you build your wealth faster over the long term.

5. Invest in Crypto

Are you wondering how to make money with 100 dollars in a short amount of time?

If yes, then you may want to consider investing in crypto through a crypto platform like Gemini 👇

Gemini is one of the largest cryptocurrency trading platforms in the US, offering around 100 cryptocurrencies.

While investing in cryptocurrency can be very profitable, it’s also a pretty risky endeavor because crypto is so volatile.

Since that’s the case, I would suggest doing your research (as always!) and getting informed using some of the following resources:

• Books
• Courses
• YouTube videos

Want to know something crazy?

If you had invested just $100 into Bitcoin back in 2010, that $100 would now be worth more than $48 million.

Source: CNBC

Keep in mind that back in 2010, Bitcoin was not very well known.

Because investing in Bitcoin has now become mainstream, massive gains with just $100 are less common.

But, investing in crypto remains the best way to invest 100 dollars.

6. Build a Blog

If you are wondering how you can build an additional income stream and follow the slogan, “invest $100 make $1,000 a day,” then you should consider building a blog.

Blog Definition:A blog is a regularly updated website that’s oftentimes run by 1 person or a small group of people specializing in a particular niche.

But don’t let the small size fool you.

Some bloggers can make bank…

Source: Create And Go

So yes, blogging can be an extremely lucrative career.

If you:

• Enjoy writing
• Are a patient person
• Are considered an expert
• Are passionate about something
• Enjoy connecting with your audience

…Then blogging may be the right choice for you.

Caution:One thing that many aspirational bloggers fail to realize is that blogging takes A LOT of time. It will likely take you several years to start seeing passive income from your blog.

However, if your goal is to make $365,000 per year with your $100, then you can make your dream a reality with patience.

A blog can give you:

• Passive income
• Increased flexibility
• Full-time work potential

In fact, about 10% of American adults maintain a blog (that’s about 31 million Americans!).

Source:GrowthBadger

Clearly, the popularity of blogging has been increasing quite substantially over the years.

But, that also means blogging has become increasingly more competitive as well.

Blogging allowed me to embrace my inner passions:

• Writing
• Personal Finance

Plus, the added flexibility and the time I am now able to spend at home are so valuable all because I started my blog.

Pro Tip:While blogging adds freedom to your life, it’s a long-term game.

Bluehost is considered one of the best (and most reliable) website hosting platforms and is the way that you can start your business venture.

Now, take some time to think about where to invest $100:

• Do you have an awesome idea for your next blog?
• Do you specialize in a particular niche topic?
• Do you like connecting with your readers?
• Do you enjoy writing at length?
• Do you like using social media?

If you said yes to any of these questions, then I highly encourage you to consider starting a blog.

And who knows… you might be listed as one of the top-earning bloggers in a few years from now.

So, how much money can you earn with a blog?

You haveunlimitedearning potential.

Data Source: Lifehacker

So how do you generate $1,000’s in passive income with just a $100 investment?

• Sign up with Bluehost
• Pick a domain name
• Build your website
• Create content
• Learn SEO

The key, however, is working consistently and diligently every single day.

7. Buy Quality Books

It seems like most self-made millionaires know so much about so many things.

My mentor, who is a serial entrepreneur can talk to me about:

• Bacteria
• Fiber optics
• World War II
• Italian fine wine
• Business & economics
• The engine of a race car

…And so much more.

How does he have so much knowledge?

He learns many life lessons through the art of reading.

Source: Entrepreneur

When you read, you can explore the minds of ancient heroes long after they’ve passed away.

Books, I find, tend to open so many doors because you have so much information and access to great peoples’ minds, right in the palm of your hands.

Books offer advice on:

• Personal development
• Entrepreneurship
• Investments
• Business
• Family
• Life

You can always apply something from these books to your life.

Especially if your goal isto become financially independent, then books can be an excellent (and low-cost!) resource to building your long-term wealth.

In fact, check out my latest book, How to Get Rich from Nothing, which goes over:

• How to become financially literate
• The life lessons I’ve learned from my millionaire mentor
• How to build the life you want, without sacrificing too much today
• How to build an investment portfolio that’s customized to your needs

Reading leads you to so many opportunities.

And even if reading 2 to 3 books a month sounds intimidating, then just aim for reading 10 to 15 minutes daily.

Even this practice can change your life for the better.

8. Invest in Relationships

Millionaires become – and stay – so successful because of their professional network.

In many cases, your future success depends on your network.

Networking can help you with:

• Training
• Referrals
• Prospects
• New mentors
• Increased credibility
• Improved social skills
• Potential to advance your career

So if you have a spare $100 and want a high return, then consider investing that money into your network.

Consider the following as “investments:”

• Invite your mentor for coffee
• Build a new relationship over lunch
• Buy a potential referral source a small gift of appreciation

Why do I speak so much about mentors specifically?

Source: Insider

Mentors are the ultimate shortcut in life.

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9. Boost Your Credit Score

Believe it or not, a good credit score comes with many benefits, including:

• Lower car insurance rates
• Lower credit card interest rates
• Increased number of housing options
• Lowers the cost of other types of insurance

But what exactly does a “good” or “bad” credit score entail?

Typically, your credit score will be based on your FICO® score, which ranges from 300 to 850.

Pro Tip:The factor with the heaviest weight on determining your FICO® credit score is your payment history, ie, how long you’ve had your accounts open.

As you can see from the chart above, 35% of your credit score is determined by your account history.

Sometimes, however, life throws us curveballs (doesn’t it always?!), and due to events like:

• Divorce
• A job loss
• Student loans
• The recent pandemic

….(I could go on all day), our credit score is sometimes impacted negatively, so it’s up to us to figure out how to improve our credit score fast.

Pro Tip:If you have credit card debt, then the first thing should be to use the $100 to pay off your credit card debt.

Don’t have credit card debt, but still have a bad credit score?

It’s time to implement another proven strategy.

In this case, consider opening up a credit builder loan with Self to help boost your credit.

Credit Builder Loan Definition:A credit builder loan is not a traditional loan. With a credit builder loan, the lender (like a bank) deposits your “loan” into a certificate of deposit, aka CD, (which you can’t access). In turn, you’ll have to make payments on the loan, and the lender reports these payments to the 3 major credit bureaus, which will then be added to your credit history. Once you pay off the loan, the lender gives you the money from the CD.

Keep in mind that as you make your $50 payments toward your $500 loan (in the previous example), your lender will report your payments to the 3 credit bureaus:

• Equifax
• Experian
• TransUnion

Caution:If you use a credit builder loan but miss a payment or are late on a payment, then that does not look good for you. Don’t miss a payment.

If you successfully pay off your loan, you can expect to see an increase in your credit score in the next few months (remember, credit score increases are not immediate).

So, do you want to increase your credit rating?

Then consider checking out the credit builder, known as Self 👇

Just remember that it is in your best interest to pay off your credit builder account on time.

With Self, your loan can take many different sizes:

• $520
• $545
• $1,000
• $1,663

And, you can decide to pay back your loan between 12 to 24 months – and you choose the amount of money each month you pay back on your loan.

Below are some of the fees you will have to take care of:

10. Buy Cheap Life Insurance

If you have a family and don’t have life insurance yet, you’re leaving yourself – and your loved ones – open to a lot of financial risks.

Note:You can buy life insurance worth $100,000’s for less than $100 – a year.

Term Life Insurance Definition:Term life insurance is the most cost-effective and simplest type of life insurance product.

I recommend term life insurance in many cases – especially to millennials and young professionals who:

• Have kids
• Are married
• Are in a lot of debt
• Are the breadwinner
• Already have a family
• Are planning on a family

Buying term life insurance is not as painful as you might think.

Pro Tip:Before you commit to purchasing a term life insurance policy, consider running a free quote to figure out how much you should expect to pay.

Life Insurance Broker Definition:A life insurance broker is like a matchmaker: They work on your behalf to find the best possible life insurance company match for you.

Policygenius has access to many top life insurance carriers like:

• AIG
• Lincoln
• PacificLife
• Prudential
• Brighthouse
• TransAmerica

After inputting your age, health status, etc. (it took me less than 60 seconds), Policygenius will show you some quotes to match you up with your overall profile.

Pro Tip:For most millennials with promising career trajectories, I typically recommend buying a $500,000 to $1 million term life insurance policy for 30 years.

Note:Any life insurance death benefit that’s paid out to your beneficiaries will be tax-free.

In other words, if you are the beneficiary of a $1 million life insurance policy, you will not have to pay any taxes on the $1 million death benefit.

So especially if you have kids, massive debt, or a spouse/partner that depends on you for income, your next step should be running free life insurance quotes and considering which option is best for you.

If you haven’t had the chance to sign-up for term life insurance yet, then at least run a free quote with Policygenius so that you know roughly how much you can expect to spend.

It’s not that much, relative to the financial protection you are giving your family.

11. Start an Emergency Savings Account

If there is one thing that the recent COVID pandemic has taught us, it’s that the only constant in life is change (especially if we’re talking about the stability of your job!).

That’s why it’s so important to start an emergency savings fund.

Emergency Savings Fund Definition:An emergency savings fund is a liquid (you can withdraw and deposit money at any time) account with an amount of cash that’s equal to 3 to 6 months’ worth of your basic living expenses.

Although $100 may not be enough to fully fund an emergency account, it’s definitely a good start.

The cash in your emergency savings account should be used only for emergencies.

Some examples of emergencies could include:

• An unexpected job loss
• A costly vet visit
• A flat tire

To make sure you have enough cash in your emergency savings fund, a general guideline is to stash between 3 to 6 months’ worth of basic living expenses.

Let me break this down into a quick illustration:

Basic Living Expenses Definition:Any living expenses that you need to live a comfortable – but not extravagant – life.

As an example, some of my basic living expenses include:

• Groceries
• Mortgage
• Utility bills
• Health insurance bills

Going out to eat and shopping for clothes (unless you absolutely need the clothes) are probably not considered basic living expenses.

When do you need 3 to 6 months’ worth of living expenses?

The answer is: It depends.

Below are some guidelines to help you better determine whether a 3-month or a 6-month emergency reserve is better for your situation:

While many additional considerations go into whether you should have a 3-month or 6-month emergency reserve, these guidelines should give you a good idea of where you might stand.

Once you know how much you should be saving toward your emergency savings fund, it’s time to figure outhowto set one up.

Here’s a trick I learned to help you get the biggest bang for your buck:

Check out thebest high-yield savings accounts– these are the ones that offer much higher interest rates (for free).

My go-to high-yield savings account is Axos Bank 👇

If you have $24,999 or less in your Axos bank account (which is free to open), then you would earn 0.61% interest on your cash (which is a lot more than the 0.01% that was offered by the brick-and-mortar bank!).

While a 0.61% interest rate isn’t as much as what you used to earn, back in the old days (sometimes north of 3%), it’s still better than 0.01%.

To get the biggest bang for your buck, open up a high-yield savings account with Axos Bank to earn more interest on the cash you stash.

Your bank accounts will thank me later.

12. Draft Your Basic Estate Documents

While your mortality is probably not at the top of your mind, it’s something that you should address sooner than later, even if you don’t have a ton of money – yet.

In fact, did you know that 60% of Americans don’t have a basic Will in place?

Source: AARP

If the recent COVID-19 pandemic has taught us anything, it should have been that life is never guaranteed.

How do you plan for the unexpected?

This can be done through estate planning.

Estate Planning Definition:Estate planning is when you arrange for the proper transfer of your assets (could be cash, a car, a home, etc.) for when you pass away.

Pro Tip:If you don’t have a Will and don’t prepare basic estate planning documents, then there is a very high chance that the government (aka the courts) can take your property and decide how to distribute it without your input.

And that’s a scenario you probably don’t want to happen.

It really doesn’t matter how much money you have – you should create a Will (at minimum), regardless of your wealth.

In fact, 77% of Americans believe that estate planning is critical, regardless of your financial situation.

Source: LegalZoom

Some basic estate planning documents you should consider drafting include:

• Basic Will
• Living Will
• Health Care Proxy
• Guardianship documents
• Durable Power of Attorney

…And since we don’t all know lawyer-talk, I’ve broken down these terms into plain English below:

Pro Tip:Make sure you always update your estate documents as you have life changes (like marriage, divorce, children, etc.).

Pro Tip:As your estate and financial situation becomes more complex, you may want to consider hiring an actual estate planning attorney down the road.

However, estate planning attorneys typically cost $1,000’s, so this should be an option only for when your estate is considerably complex like:

• You are in a second marriage
• You have kids from previous marriages
• You own a business or have business interests
• You own properties in different states or countries

Remember to tackle your estate plan today – because you’ll spare additional stress and grief for your loved ones, should something ever happen to you.

13. Invest in Your 401(k)

Want to know how to start investing with 100 dollars?

Then investing in your 401k could be the right option for you.

If you’re lucky and your company:

• Offers you a 401k plan
• And offers you an employer match

…Then I sure hope that you’re enrolled in your 401k – because there is free money on the table for you.

And who doesn’t want free money?

Employer Matching Program Definition:Your employer contributes a specific dollar amount to your retirement plan based on 2 things: How much you contribute to your own retirement plan, and your annual salary. Typically, employers match your contributions dollar-for-dollar up until 3% or 4% of your salary.

In plain English?

An employer matching program means there is free money for you!

All you have to do is contribute to your 401k plan (at a minimum of 3% to 4% of what you earn per year), and your employer will contribute as well.

Here’s a scenario as an example:

In the example above, your employer promises to match any 401k contributions that you make, up to 4% of your annual salary (and 4% of $50,000 is $2,000).

So, if you contribute another $500 (for a total contribution of $2,000), then your employer would also match that $500 contribution you made.

So what does a $100 investment have to do with contributing to a 401k plan?

If you contribute $100 to your 401(k), then your employer could match your $100, so you’ve effectively already doubled your investment!

You didn’t have to break a sweat, and you still earned double your original $100 investment.

I’d say that’s a pretty good bargain.

Pro Tip:If you’re ever having trouble figuring out how much your employer matches your contributions (if at all), then I would recommend calling the Human Resources (HR) department of your company first.

HR is supposed to know the answer to questions like these.

How to set up a 401k plan:

• Contact your HR department to help you set up and open your 401k plan
• Carefully read through the investment choices to select your investments
• Select the amount of money you wish to contribute periodically
• Sit back, and relax – your 401k deductions will be automatic

Pro Tip:Keep in mind that you might be eligible to start contributing to a 401k plan only after you’ve been employed for 3 months.

To better understand your 401k eligibility, contact your HR department.

After you’ve set up your 401k, make sure to monitor your investments.

While I’m not saying you should monitor them daily – or even monthly – it’s not a bad idea to review your investments twice a year or even once every quarter.

Especially for Millennials, where there may be less of a chance of receiving Social Security benefits in the future, you definitely want to maximize the return on investment you can get from your retirement plans.

Even with “just” a $100 contribution to your 401k account, this is a virtually guaranteed method on how to double 100 dollars within a very short time frame, thanks to your employer matching contributions.

You just turned your $100 into $200.

14. Get Investing Software

Are you interested in the stock market, the economy, and investing, but just don’t know where to start researching?

Trust me – I’ve been in the same position.

When it comes to investing, it feels like you’re reading a different language.

In fact, 60% of Americans (or close to 3 in 5) say that they’re intimidated by the stock market and don’t even know where to start investing.

Source: PR Newswire

Pro Tip:There are many investing websites (including this one!), books, and other resources that can help jump-start your investing journey.

You don’t need an MBA or a graduate degree in economics to understand money.

Below are some fantastic books that I’ve read and loved:

• Rich Dad, Poor Dad by Robert Kiyosaki
• A Random Walk Down Wall Street by Burton Malkiel
• Little Book of Common Sense Investing by John C. Bogle
• One Up on Wall Street by John Rothchild and Peter Lynch

Plus, consider checking out How to Get Rich from Nothing, which is written by yours truly (me!).

Now, we don’t all have endless amounts of time, so while reading multiple books a month might be a stretch for some, there are other ways to gain more investing information.

And one of those strategies could be by signing up for a newsletter, like the Motley Fool Stock Advisor, which is curated by a team of experts 👇

For just $1.90 per week, you can subscribe to the Motley Fool Stock Advisor and obtain access to:

• Monthly updated stock pics
• Stock pick recommendations
• Library of expert stock insights

While I personally don’t pick and choose stocks every month for my portfolio, I still think this is a great subscription service, especially for people who want to learn more about the stock market and maximize portfolio returns.

And to be fair, the Motley Fool’s expert team has outperformed the stock market (specifically the S&P 500) over the past few years, as you can see below.

15. Take Online Courses

Do you believe that what they teach you in school is not enough?

I sure stand by this statement.

School taught me:

• English
• Biology
• Calculus
• Geometry
• Chemistry
• Trigonometry

However, reflecting on my middle school and high school experience, I never really learned concepts that could have accelerated my career trajectory.

Like how to do my own taxes, or why it’s important to pay off credit card debt.

That’s where it’s important to learn things outside of the classroom.

Pro Tip:Start your learning journey by checking out online courses that teach you valuable skills that could help you improve your income.

Thanks to technology we have information at our fingertips.

And your computer is a gateway to knowledge that can change your life – and your income – for the better.

Want to know the best part?

There are hundreds of online courses that cost less than $100.

One of the best learning platforms is called Udemy 👇

Open your mind to new experiences and lessons and apply these lessons to your everyday life.

Watch how your trajectory will turn.

16. Real Estate Crowdfunding

One investing trend that has become increasingly popular over the past few years is real estate crowdfunding.

Real Estate Crowdfunding Definition:Real estate crowdfunding is when you (the investor) lend out your money to borrowers who promise to repay your loan with interest.

Pro Tip:Most of the borrowers on peer-to-peer lending platforms were unable to get a loan from a bank because of things like a poor credit score, choppy credit history, etc.

So before you start rubbing your hands together in anticipation of money, just know that you will be entering a riskier deal… but that’s why I recommend you start investing with just $10.

And you can, thanks to the real estate crowdfunding platform GROUNDFLOOR 👇

GROUNDFLOOR connects people with cash (you) to people who need the cash and promise to repay your loans with interest.

Below is an illustration of how GROUNDFLOOR’s investment process actually works:

If you’re planning to invest your cash through GROUNDFLOOR, then your money will likely be used by borrowers for projects like:

• Flipping
• Renovation
• New construction

The average GROUNDFLOOR investor earns a 12% return on their investment (which is not bad, considering the stock market yields you on average about 7% to 10%).

With real estate crowdfunding platforms like GROUNDFLOOR, you can invest in different types of “tranches” – which are basically levels of risk.

You have the option to invest in tranches labeled from A (with the least risk / least reward) to G (with the most risk / most reward).

Some of the riskier properties could be those that are neglected or in very poor condition and would require a lot of repair work.

Before you invest in real estate crowdfunding platforms, it’s critical to evaluate the pros and cons first:

17. Invest in the Stock Market

Thanks to dollar cost averaging and compounding interest, you can invest $100 today and start building long-term wealth.

As Albert Einstein once said:

"Compound interest is the 8th wonder of the world."

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Here’s how you can take advantage of compound interest:

Start investing in the stock market.

The best overall investment platform for your $100 investment would likely be M1 Finance (it’s free to download) 👇

M1 Finance offers multiple different investment portfolios for your specific situation:

• No fees for buying or selling
• There are no management fees
• You can start investing with $100
• You can select your own investments
• You can open your M1 Finance account with $0
• M1 Finance automatically manages your portfolio

Plus, if you sign-up with M1 Finance, you could get up to $500 if you deposit $1,000+ within 14 days!

Talk about a deal.

Caution:M1 Finance, and in general this article, is likely not the right fit for you if you’re purely focused on day trading.

On the contrary, M1 is for the long-term and passive investor.

Opening your M1 Finance account is a pretty straightforward (and fast!) process as well.

Here’s a 5-step guide on how to invest $100 with M1 Finance:

1. Download the app
2. Fund your M1 account
3. Choose your investment strategy
4. Start investing
5. Sit back and relax

The good news is that you don’t have to be an experienced investor if you use M1 Finance.

M1 gives you the chance to invest $100 by either:

• Selecting a “pre-made” investment model
• Selecting your own stocks and ETFs

Pro Tip:Typically speaking, the younger you are, the more aggressive your allocation (ie, more of your money could be invested in stocks). The older you are, the less aggressive your allocation (ie, more of your money would be invested in bonds).

What if you invest your $100 using M1 Finance and never invest a single penny again?

Take a look at the illustration below to show you what you can expect when you start investing in the stock market, earn an average of 7% per year, and leave your money invested for 40 years.

Pro Tip:If you are serious about earning money in the stock market, invest it today and maintain a long-term mindset.

18. Build Your Social Media Following

Did you know the average influencer on social media can earn between $30,000 to $100,000+ per year?

Source: Fox Business

Now, you might be wondering:

How many followers do I need to become an influencer?

Here are the 5 types of influencers:

Source: Ahrefs

Want to know the best part?

You don’t need millions or even 100,000’s of followers.

The quality of your audience matters more than the quantity.

Tweet

Pro Tip:Think about the quality of your audience in this way: If you have 500 dedicated followers who will buy your $10 eBook, you’d earn $5,000. If you have 5,000 passive followers, of which only 1% or 50 followers buy your $10 product, you’d only make $500.

Quality matters.

So how do you attract a quality audience?

By creating high-quality content.

Note:The higher the quality of your content, the higher the quality of your audience.

If you feel lost and have no idea what you’re doing on social media…

Then I recommend following the instructions in X Mastery 👇

Why do I recommend X Mastery?

If you’re looking for the best way to invest 100 dollars, then this guide will help you build a high-quality audience (and thus, also a high-income potential audience).

X Masterywill teach you how to:

• Produce incredible content
• Sell your products, website, service, etc. online
• Engage with your social media audience and better understand their needs

This course shows you (in detail) the same methods I used to gain over 260,000 followers.

By building an awesome audience, my social media game now helps me:

• Network with others
• Promote my business
• Sell my online courses faster
• Increase my website’s popularity
• Gain faster traction with my website
• Gain candid feedback from my audience

Courses on building your social media account can give you a new skill set that can double the return on your investment.

Related: How to Make Money on Twitter

The Bottom Line: How to Invest 100 Dollars

Ultimately, it’s not about the amount of money you have to invest – it’s about your:

• Will
• Discipline
• Determination

Pro tip: Compound interest makes your money work for you in the long run.

That’s why it’s important to:

• Start investing today
• Start investing consistently
• Start investing for the long-term

How you treat a $10 investment will determine how you will treat a $1,000 investment.

Keep building your way up to $1,000.

And when you’re ready, check out my article on thebest ways to invest $1000, where I tailor the investing strategy closer to this milestone number.

Pro Tip:Investing doesn’t always mean putting 100% into the stock market. Diversification is key.

Investing 100 dollars could mean:

• Investing in yourself
• Investing in relationships
• Investing in your business
• Investing in furthering your education

…And so much more.

The point is this:Start today. Start now.

There will never be that “perfect” time to start investing.

Your bank accounts will thank me later.