Name: If You Have $100 in The Bank, Do These 5 Things
Uploaded: 2021-10-30T19:30:05.000Z
Duration: 10 min 58 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...

When you think of facebook, the only person that comes into mind is this guy.

The comparative

However if you give it a closer look, he's just the face of the company because the company was built by multiple talented people with different backgrounds and sets of skills.

And as facebook grew bigger and bigger and made it to the job and was worth billions of dollars.

All those people who were involved in facebook at this early stage instantly became super rich.

When facebook was still an idea, Mark Zuckerberg offered him to become its first investor and the first CFO by investing $15 billion into the company, it wasn't clear how this business could grow, but he clearly saw the potential and jumped on the board Despite the fact that Zach diluted his shares and kicked him out of the company.

His tiny ownership and Facebook turned him into one of the richest people on the planet.

When the company went public, his $15,000 investment in Facebook compounded to $18 billion, that's why Never underestimate the power of small investments.

You don't need to have millions of dollars to make a good investment.

But even a small investment can lead to huge gains if you invested properly.

But most people don't even have $15,000 in their savings account because most people live paycheck to paycheck but $100, Not a big deal, everyone can find an extra $100 of course it's not enough to build passive income for example.

But there's still multiple, great ways how you can invest that $100 and potentially turn it into a much larger amount.

So if you have an extra 100 bucks here is what you can do.

But before we do that, let's think today's video sponsor artists did you know that?

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This might seem like a weird advice from me because I often talk about how careful you have to be when it comes to crypto It's dangerous, risky and unstable.

However, that's what makes it unique in the first place.

If you have been paying attention, you probably realize that crypto is where the Internet was 20 years ago, right after the.com crash.

It's at that stage where it's forming its future and only tried will tell how the future of crypto will look like there's some big players but that doesn't mean they are going to dominate the market.

We had huge internet companies in the 19 nineties but you barely know them today because other companies have overtaken the market 20 years ago, google and amazon or little companies that you couldn't distinguish from other internet companies but they're the ones that succeeded.

So even $100 investment in such a company will turn into an unbelievable fortune.

We have already seen a few examples such as dutch coin but they're going to be more, some of the internet giants of today like facebook or Snapchat which emerged much much later.

So we're still at the beginning of this progress but before you throw your money, make sure to study it, understand how it works.

But even if you do all of that, you still can get it wrong because it's still, it's early stage, but if you get it right, you can grow your money by 1000 times number two flip flipping is probably one of the best sign has has anyone can start.

It's easy, you don't need a lot of capital and it teaches you a lot about business.

Of course it depends on what you want to flip.

If it's real estate then it's much more difficult and you probably need a big capital to start but you can flip pretty much anything that's less than $100.

Especially today with the rise of the Internet that has become much easier and faster.

We have ebay amazon and a million other website that makes change chart process easy.

You can even use facebook groups or instagram pages to do that.

Of course you aren't going to make a lot of money but it's a long game.

Your job is to first turn that $100 into 150 then to 200 and so on and so forth.

You understand just because you bought something for $100 doesn't mean it sells for 200.

It all comes down to your understanding of the market.

Try first things are interested and have tried personally number three invest in books with the rise of the internet.

People started appreciating books less and less and it makes sense to a certain extent why read the book when you can watch a huge video that can tell you what that book is all about or watch a documentary that's filled with valuable information or get a quick summary from the article.

Here's why when a book is written or let me be a bit more precise when a good book is written, it is deeply researched and the author probably spent years formulating his ideas in such a way that to explain to you his points.

However, when you watch a documentary, it's often done with the purpose of making it as entertaining as possible because if it is not going to generate enough views, it is not going to pay back.

So a lot of important details are not included because they could make the documentary a little less interesting or a Youtube video a little boring, although there are plenty of Youtubers who put their soul into the videos, you have to understand that we have limited resources, we can't afford to invest that much into videos because it is not going to pay back financially.

You can do that once or twice but not all the time because at the end of the day, resources are limited.

That's why great books still remains the main source of valuable information with 100 bucks.

You can get yourself four or five books that will change your life such as the laws of human nature by robert drain reach, that product by robert Kiyosaki that will teach you the fundamentals of financial literacy or man's search for meaning that will help you to find your, why you're not going to see an immediate benefit, but they will positively shape your mindset and will greatly pay back in the long run.

Number four learn a valuable skill, all the taxes one valuable skill to change your life.

You can meet people who are ruled or terrible, but because they have a set of skills that are on demand, they still do well financially.

Unlike knowledge, skills are far more valuable because you can use them over and over.

They instantly make your life better and not just stay with you in case you need them.

The Internet has made learning any skill easy and simple literally there are courses that will teach you how to become a real estate agent for less than $100.

I have seen really great courses that will turn you from someone who knows nothing about coding into a professional coder that can build his own app in the past, you had to go to college to learn that.

But now all you need is a course for 100 bucks to do that.

Number five 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 ambiguous to your, 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 really 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 100 bucks into $1000.

But to experience the market, because when you're 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 prices and you're valued or overvalued and then make up your mind if these companies worth your money or not, this experience worth it, even if you lose 100 bucks.

In fact, if you decide to invest a larger amount, you will at least know how the market works at the end of the day.

What separates rich people from the poor is financial literacy and capital.

That's why if you come from a rich family, you're more likely to be rich and vice versa.

Of course $100 is not the kind of capital that can make a difference in your life, but we all have to start somewhere if you have 10 grand, go ahead and start with that.

If you have saved $100,000 congrats, you've crossed a huge milestone.

If you could save $1 million, then you're most likely safe for the rest of your life if you manage that money properly.

But while you are on the way to build your capital, these are the five ways you can use to move one step closer.

If you have enjoyed this video, you'll most definitely enjoy this custom playlist that I have created specifically for you that has our most popular videos that could potentially change your life.

Don't forget to get your two free stocks from Weibo or check out my investing course and skill share and now give this video a thumbs up that it deserves.

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If You Have $100 in The Bank, Do These 5 Things

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