Name: The 5 Ways To Invest $100 In 2020
Uploaded: 2020-09-16T19:15:44.000Z
Duration: 10 min 31 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

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

Past continuous

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

The superlative

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

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.

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

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

with 8 percent returns would amount? Just 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.

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 bucks.  Turn 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 internet. So this is probably a great option for most people.

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

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

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 gurus.  Let 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

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

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