How to Make Money with a 100 Dollar Investment
How to Divide the Money
There is all kinds of information on the Internet about how to invest. Much of it is inspiring to read, but holds very little usable information for those of us who have less than 1,000.00 to invest. I wondered if it was possible to invest small sums, $100. or less, and actually make money.
I decided that it would be worth some work, but not a lot. This plan is workable, and there is very little risk to it. As you read through the list, think about how diversifying works. Especially when investing a small amount like $100.00 it is important to spread that investment around. Here is what I came up with.
Sharebuilders is an investment firm which allows people to invest small amounts of money. Reinvest all of your dividends. They allow you to buy stock in dollar amounts as small as $1.00, for a monthly fee of $12.00. Since there are other charges involved we will call this $25.00.
Go to eBay and search for Carleton Sheets No Money Down Real Estate Investment package. You can find it for as little as ten dollars. My husband and I have used this program, and we own three houses; two investment homes, and the vintage home we are restoring. You do need to follow the program, and you are probably not going to have the results that are talked about in the book but you can make money this way. We have made over $60,000.00 profit in three years.
Since you will have to pay shipping, this will be $15.00 of the $100.00
This leaves us with a balance of $60.00 to invest.
Put $10.00 in a savings account. Every time you make $100.00 put $10.00 in the bank. It does not make much interest, however it is important to cultivate the habit of savings. By saving ten percent of your income from your investments your savings will grow.
Give $10.00 to your favorite charity, or tithe it to your church. Every time you make $100.00 from your investments give another $10.00. There is a principle involved here as well, and by sowing generously you will reap generously.
This gives us a balance of $40.00
If there is a craft that you can do, such as make soap, or handmade items, invest the rest of the money in materials and open up a shop on Etsy. Once you have opened your shop sign up for a blog on one of the free blog hosts like Blogspot. Begin writing about your merchandise on your blog. Comment on other people's blogs, offer merchandise giveaways for promotion, and use good SEO. Reinvest your profits in building your company.
If you are not able to do crafts you can still use the $40.00 to make money online by buying items, especially collectibles, at thrift shops and garage sales and then selling them on ebay. To do this with collectibles you will need to check out a guide to collectibles at the library.
If you like to garden use the $40.00 to buy a book called Backyard Market Gardening. This will cost $20.00 plus shipping. Use the remaining money to buy supplies and begin your backyard marketing business.
If that won't work either , then take out an ad in a local paper to clean a house. Just take one client and do the house on your day off. It will take about three hours. In my area that will translate to about $100.00.
Repeat the above strategy as often as needed.
Really, investing money to make money is largely a mind set, a set of good habits, and the resolve to actually do it.
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