Here are my thoughts on the six BEST ways to invest $100 ASAP, and exactly how I would make the most of your first investment – Enjoy! Add me on Instagram: GPStephan
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FIRST: EDUCATION
The first thing I’d do is buy the book: “Think and Grow Rich” by Napoleon Hill.
The SECOND book I would get is “How To Win Friends And Influence People” by Dale Carnegie.
The THIRD book I'd buy is “The 4 Hour Work Week” by Timothy Ferris.
And fourth…get the book “Your Money or Your Life” by Vicki Robin.
All 4 of those books should cost you less than $50 TOTAL…and I PROMISE YOU, if you actually go through and read everything I just mentioned…it will be IMPOSSIBLE that these books don’t pay for themselves, at least 100x over, throughout the next 10 years.
SECOND: INVESTING IN THE STOCK MARKET
I would treat $100 as your ticket to real-world experiences that will help you learn how to evaluate companies, research fundamentals on your own, understand how swing trading works, learn what all these terms mean, get the full range investing emotions, and otherwise fund your education with $100 in the market.
THIRD: START A BUSINESS
This was a strategy that Warren Buffet also employed when he was a teenager….believe it or not, his first business was a $25 pinball machine that he set up in a barbershop in 1946, when he was 17 years old. Their business was fairly simple: Warren Buffet bought the machine and negotiated with the barbershop, his friend would fix the machine, and they would split the profits evenly. After a week, they had enough money to buy a SECOND pinball machine – and from there, their business grew.
FOURTH: FLIPPING ITEMS
The goal with this should be to turn your $100 into a larger amount, that THEN begins to make a difference in terms of where you invest it. For example, maybe you turn $100 into $2000…which then goes back into the stock market, and grows to $2500 over the next year….or, maybe that $2000 is enough to start up a new business, or pay for a professional certification that winds up earning you way more as a career. The choice is yours, but $100 here should be more than enough to get started.
FIFTH: Cryptocurrency
If you believe in a particular project, or one type of cryptocurrency, that you want to invest $100 into…it has the chance to do well, if you’re okay with the risk of losing all of it.
SIXTH: GET PROMOTIONAL OFFERS
Businesses will often give YOU FREE THINGS, OR FREE MONEY simply for signing up and trying them out – it’s their way of paying for marketing, except instead of paying an advertiser to run an ad on your screen – they just give that money to you directly, and then – it’s a win win scenario for everyone.
And really, at the end of the day, those 6 ways of investing $100 should really be used to either further your education, which will stay with you for the rest of your life…OR, be used in such a way so it grows to a larger amount, where it can have more of an impact.
The goal with this shouldn’t necessarily be to pick the riskiest thing you can and then hope for the best…but, instead, spending it on strategies that have a high chance of making you MORE money in the future, while providing you with a really great experience along the way.
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*Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. This is not investment advice. Public Offer valid for U.S. residents 18+ and subject to account approval. There may be other fees associated with trading. See Public.com/disclosures/
