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  • How much you would have made if you would have invested a hundred thousand dollars in

  • Google back when it was just getting started. That's exactly what David Cheriton did and

  • today his net worth is over 6 billion dollars. That's probably one of the best investments

  • ever!

  • However, not everyone gets such a chance to become a billionaire, not everyone has an

  • extra hundred grand to throw it at another startup, nonetheless,, there are endless number

  • of opportunities all around. In fact, 1700 people just in the US are becoming millionaires

  • every single day. And if you want to be one of them, you gotta

  • start somewhere, but here is the problem. 40 percent of Americans can't even cover

  • unexpected thousand dollar bill, because they are just living paycheck to paycheck, so most

  • people can't even pull out a thousand dollars to invest.

  • But a hundred bucks!  easy!

  • almost everyone can afford that. However, it seems like you can't do much with it,

  • since even for example a single apple stock costs twice that amount, and I am not even

  • talking about amazon or google.

  • Even index funds are not an option, how much do you think a hundred bucks over 40 years

  • with 8 percent returns would amountJust a little over $ 2100 ($2172).

  • But don't worry, because there are actually legit great ways to invest even as little

  • as a hundred bucks That I have used and will share with you here in this video.

  • So let's start with the first one.

  • Start a business. I know that it sounds cliché because to start

  • a business, it seems like you clearly need much more than a hundred bucks.

  • But believe or not, there are actually a handful number of businesses you can start with as

  • little as a hundred bucks. the problem is that, when we think of starting a business,

  • we imagine big businesses and ignore all the small ones that are much easier to start.

  • You can buy a Lawn Mowers for a hundred bucks for example, and start a side business cutting

  • your neighbor's grass. In fact, I started this channel with just

  • a hundred bucks. I am not one of those guys who started watching youtube since its early

  • days but much much later. and I realized that most of these Youtubers just share their

  • ideas and experiences, even the most successful ones started with almost nothing.

  • So I said to my self, I have a lot of ideas too, how about I start sharing them with the

  • world. Let's see how that goes. I ordered a blue yeti microphone for a little

  • over a hundred bucks and started making videos. I have to admit that, There were absolutely

  • horrible because I knew almost nothing about video editing or animations and I didn't

  • really care much because it was more like a hobby than a real business.

  • But then I slowly started improving the quality and somehow it started picking up, so I had

  • to hire animators and now it's like a little business.

  • You don't necessarily have to start a youtube channel, there are endless number of online

  • businesses that do not require a lot of capital. Let's say you are good at playing a guitar

  • or violin, you can find someone who can help you with shooting and editing it for as little

  • as a hundred bucksTurn it into an online course and sell it

  • online. And the great part about it is that, you don't even need a website because right

  • now there are multiple great platforms to sell courses for free!

  • And if it turns out to be successful, you can slowly turn it into a legitimate business.

  • You can easily earn back your money and make much more.

  • We are lucky to be live in this age, because no matter where you are in the world, pretty

  • much everyone has internetSo this is probably a great option for most people.

  • 2. Number 2, Trade some stocks

  • A lot of people keep watching videos or read about the stock market, hoping to start investing

  • one day. If you haven't bought a single stock, the world of the stock market is probably

  • quite ambitious to you. When you actually get in and start, a lot

  • of things start getting clear.

  • Reading and watching videos about the stock market is one thing and investing or trading

  • is something else. What seems so obvious in theory isn't that easy in practice.

  • When you buy a stock and it goes down right in front of your eyes, you get emotional,

  • your brain stops working and your emotions get in charge, all that will be in your mind

  • is to minimize losses. That's when you really learn. The point isn't

  • to turn that 100 bucks into a thousand, but to experience the market.

  • Because when you are trading with real money, you will be much more careful and cautious.

  • since your money is at stake. It's actually fun to look for the right company

  • to throw your money in. You will read about many different companies, analyze their financial

  • statements, figure out if their price is undervalued or overvalued and then make up your mind if

  • this company worth your money or not. This experience totally worth it even if you

  • lose a hundred bucks. In fact, if you decide to invest a larger amount, you will at least

  • know how the market works.

  • 3. Thirdly, Invest In books

  • I grew up watching my parents live paycheck to paycheck, and struggle financially. And

  • I promised my self that when I grow up, I am not gonna live like that.

  • But the problem was that, I didn't know how to do that. My parents told me that if

  • I keep getting good grades, I will find a good job when I grow up and I won't have

  • to worry about money. But at some point, I started reading books

  • outside the school and accidentally came across rich dad poor dad and that's where the magic

  • happened. I was introduced to the world of money and to be honest I was shocked about

  • how little I knew about money even though I use it every day.

  • You probably have heard this a million times, but the moment you make that shift in your

  • mentality, your perspective changes, and you will start making different decisions that

  • will slowly lead you to financial independence.

  • a lot of people watch a video or two here on youtube and then they think that they are

  • financial gurusLet me ask you something, how many videos

  • you have watched for the past week, dozens if not hundreds, because youtube is entertainment,

  • you might learn a thing or two, but its not gonna stick like when you read a book, because

  • usually it takes you a couple of days if not weeks to finish a single book and by then

  • these ideas will be embodied in you. Some of my favorite books on this matter are - the

  • millionaire Fastlane, Secrets of the millionaire mind, rich dad poor dad and few others. I

  • will just put them in the description.

  • 4. Number 4, Buy and sell something

  • A lot of people don't have even basic business experience. They are so drained into the system

  • where they haven't made a single penny outside their job.

  • So, when you tell them to start a business, they keep postponing it because its a strange

  • world for them.

  • But Business is all about selling and most businesses do not even build their products

  • but rather just buy low and sell high. The grocery store besides your house for example.

  • They do not produce what they sell. They have a supplier.

  • The process of business is simpler than you think but quite difficult to implement.

  • The good news is that you don't have to spend big and open your store to learn that,

  • you can just go to eBay and find something that you can resell to your neighbors for

  • example for a slightly higher price. That experience will improve your social skills,

  • analytical skills and negotiating skills. You might not make a lot of money out by buying

  • and selling with a hundred bucks. However, you will learn much more than you will do

  • with a 4-year degree in business. You will have to analyze the market, who would

  • be your potential consumers, what would be the appropriate price, how to deal with your

  • clients and on and on. In fact, there are actually people who make

  • a living out of these. But if you think that's not for you, here

  • is another idea.

  • 5. Learn a valuable skill, what you can also do is to use that hundred

  • bucks to learn a skill that will earn much more later on. This is probably the best option

  • if you are struggling financially or looking for a side hustle. You can invest in a social

  • media course, every business is now looking for someone who actually understands how these

  • algorithms work.

  • Or you can learn graphic designing, copywriting, web designing. There are endless number of

  • online opportunities. Of course, you can find free materials, even here on youtube, so why

  • buy a course. Usually, the free stuff isn't as good as

  • paid courses, they are better organized and after taking the entire course, you feel like

  • you actually learnt the skill, compare to the free stuff where you have to keep searching

  • for everything separately.

  • And secondly, once you pay for something, you feel obligated to take that course, because

  • you just spend a hundred bucks.

  • in fact, it will probably motivate to take action after taking the course to earn back

  • the money that you spent on the course.

  • Conclusion

  • A hundred bucks isn't a lot of money, and you can't do much with it, so all the options

  • we discussed in this video are more about educating yourself. Stepping up your business

  • and analytical skills and getting valuable experience that will payback in the long run.

  • But Now, it's your turn, how or where would you

  • invest your first hundred bucks? Thanks for watching and until next time.

How much you would have made if you would have invested a hundred thousand dollars in

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The 5 Ways To Invest $100 In 2020

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    Summer posted on 2020/09/16
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