🪙7 ways money creates money
5th one is my favorite!
Yesterday, a reader named Alex sent me a message that I couldn't ignore.
He wrote:
"How do I make my money work for me instead of me always working for it?"
This question strikes at the heart of true financial freedom.
Most people spend their lives trading time for money, but the wealthy do the opposite...
They make their money trading for more money.
The problem?
Most financial advice is either too complicated or requires too much capital.
So I've cut through the noise to give you the best options.
Below are 7 proven strategies anyone can use to transform idle money into a wealth-generating machine (and yes, you can start with as little as $10):
1. Invest in Cutting-Edge AI Startups
Do you want to be an early investor in the AI revolution?
Investing in AI startups before they go public can give you significant returns.
AI startups can also give you:
Diversification
Positive societal impact
Long-term growth potential
The best part?
You don’t need to be a venture capitalist to start investing in AI startups.
With the Fundrise Innovation Fund, anyone can get in on the action.
The Innovation Fund invests in some of the world’s best tech companies.
Including those leading the AI revolution, before they go public.
And the minimum investment is only $10.
(Most venture capital funds have a $200,000+ minimum).
2. Invest in Precious Metals
Are you interested in precious metals?
Then investing in gold or silver could be for you.
In fact, gold prices have increased by 37% over the last 12 months.
Precious metals can also provide you with:
Diversification
Global demand
Hedge against inflation
The best part?
Anyone can invest in precious metals.
And with platforms like OneGold, you can get started with just $1.
Remember, precious metals are a long-term investment.
3. Peer-to-Peer Lending
Ever wanted to be a bank?
Now you can with peer-to-peer lending.
Peer-to-Peer lending (aka P2P) is an online platform that connects lenders (you) with borrowers.
P2P lending can give you significant returns by allowing you to lend directly to borrowers.
In fact, P2P lending platforms offer:
Diversification
Passive Income
Compounded growth
The best part?
With platforms like Groundfloor, you can start earning passive income with just $10.
And it gets better:
Groundfloor has average returns of 10% and they state that within 6 to 9 months, most loans are repaid.
Keep in mind, you are lending money to people that normally can’t qualify for traditional financing loans.
So make sure you do your research before you invest.
4. Invest in Top-Rated Stocks
Did you know the stock market has delivered an average annual return of around 10%?
Investing in stocks is one of the most proven ways to make your money work for you.
Stocks can provide you with:
Capital appreciation
Dividend income
Liquidity
The best part?
Anyone can invest.
You don’t need to be an expert to start investing in stocks.
But remember, stocks can be volatile.
And it’s essential to invest for the long term to ride out market fluctuations.
5. Invest in High-Quality REITs
Think real estate investing is only for the wealthy?
Think again.
Anyone can invest in REITs and get significant returns.
What’s a REIT you might ask?
A real estate investment trust (aka REIT) is a company that owns income-producing properties.
REITs can specialize in hotels, apartment complexes, commercial construction, etc.
REITs offer:
Diversification
Lower Volatility
Consistent income from rents
Remember real estate is a long-term investment (5 to 10+ years).
6. Invest in Top-Rated Dividend Stocks
Is there such a thing as easy money?
If you own dividend-paying stocks, there certainly is.
That's because companies pay you regularly for owning shares in their company.
Plus, reinvesting these dividends can compound your returns over time.
Talk about making your money work for you!
Dividend stocks can also provide you with:
Tax advantages
Lower volatility
Capital appreciation
7. Invest in Rental Homes
Rental income is one of the most popular income streams.
Why the popularity?
Because real estate can provide a steady stream of cash flow.
Not only that but you can also:
Get tax benefits
Diversify your portfolio
Profit from property appreciation
Investing in real estate is a proven strategy to build wealth and earn passive income.
Make sure you do your research first before you commit financially.
Closing Thoughts
If you want to get rich, never let your money sit idle.
Make your money work for you.
And always remember to do your research before you invest.
Your bank account will thank you later,
Enjoyed these insights? Don’t keep them to yourself. Forward this newsletter to someone who could benefit.
Stay wealthy,
Be Wealth Operator
If you haven’t read our previous letters:
