Your investment journey starts now
Most people believe that investing is complicated and/or are afraid of losing money. However, it is a misconception. Investing can be simple, and although all investing carries risks, if you don't invest, you are guaranteed to lose money every year due to inflation. Start your investing journey today; it takes less money than you think. Even if you don't have any extra money, I will show you how to generate additional income for investment purposes. All it takes is a few hours every month, and it doesn't cost you anything. I use eToro, a highly user-friendly platform that enables you to begin your investment journey with just $50. Find my guide here.
​
​
​
If you can set aside as little as $100 a month, you can get started. You may not think that $100 a month will amount to anything special, but you are mistaken. The S&P 500 has generated a compound annual growth rate of 10,67% since it was launched in 1957. If we expect those numbers to continue, $100 a month will turn into $21,578 in 10 years. Out of this amount, $12.000 is your savings, while the remaining $9,578 is the interest earned. This means that you have not contributed anything towards the additional $9,578. The numbers are even more fascinating to examine after 20 years. You have saved $24.000 and that $24.000 will have turned into $83.715! In 30 years, your saved $36.000 will have turned into $263.475. It is called compound interest. Compound interest is when you continue to earn interest on your interest. The sooner you start, the sooner you can start compounding.
​
If you feel scared about investing yourself. You can also choose to copy me (or someone else) at eToro. It doesn't cost a thing, and you just need to have signed up at eToro and have $200. Read my guide here.
​
If you don't have any funds to start investing, you must find a way to generate additional income. It is something that everyone can do, and by working only a few hours a month, you can earn $100 and start compounding your earnings. Don't be scared, no matter what your experience or education level is, you can make that extra income. I personally use Clickworker. It only takes a few minutes to sign up, and you can start completing small tasks immediately. Don't hesitate; start compounding now. Your future self will thank you.
​
If you want to diversify your investments, so you are not only invested in stocks. You can read my guide to crowdlending here. It is easy to set up, and you are not affected by market volatility.
​
If you are the adventurous type and want to try your hand at cryptocurrency, you might as well earn daily interest to compound on the cryptocurrencies you already have. Read my guide to Nexo here.
​
Just get started. You can start with no money and still retire comfortably. Don't wait for tomorrow, next week, or next month. Take responsibility and start now.
​
