Welcome to part 3 of Ways to Invest $100.
11. Roth IRA
There’s only one thing better than free money: tax-free money!
And that’s why opening a Roth IRA should be a priority. With $100 you can open an online investing account and watch that money grow and then take it out tax-free at retirement. The most you can contribute is $5,000, so that’s a bummer when you’re really rolling in the dough. But for now it’s a great place to get started!
12. Flip Purchases on Craigslist
There is a ton of stuff to be purchased and sold on Craigslist. If you have a bit of experience with some items that are frequently sold on Craigslist then you can make a pretty good side income by buying and selling through the popular platform. If you have the time you can do even better by going around local yard sales and then flipping those items on Craigslist for a quick profit.
13. Stash App
Another free way to invest is the Stash app. What’s nice about Stash is, it’s an uncomplicated way to start investing. You just choose from a set of simple portfolios, reflecting your beliefs, interests and goals and it does the rest. Plus, it gives you $5 to invest for signing up. Just download the stash app from any smartphone and set up your account with the same email address. Within two business days, you’ll see the bonus added to your account.
So now you’ll have $105 to start investing with.
Thanks for watching this video. If you miss part 1 and 2 you can view it by clicking the links below. Be sure to leave your comments and like or share if you found this content helpful.