Introduction:
Many people believe investing requires large sums of money, but you can start with as little as $100. Here’s how to begin your investment journey even on a tight budget.
Body:
- Micro-Investing Apps – Platforms like Acorns or Stash allow you to invest spare change from everyday purchases.
- Fractional Shares – Buy portions of expensive stocks (e.g., Amazon, Tesla) through brokers like Robinhood or Fidelity.
- ETFs & Index Funds – Diversify with low-cost ETFs (e.g., SPY, VOO) that track the market without high fees.
- High-Yield Savings or CDs – For low-risk options, consider savings accounts or certificates of deposit with competitive rates.
- Peer-to-Peer Lending – Earn interest by lending small amounts to borrowers via platforms like LendingClub.
Conclusion:
Investing early—even with small amounts—can grow wealth over time thanks to compound interest. Start today and watch your $100 grow!