How to Invest $500 (5 Brilliant Ways to Invest 500 Dollars)



Today we are going to talk about INVESTING!!

Particularly, how to invest $500.

For some of you that may seem like nothing and for others that may seem like a lot. Like how do you even come up with $500. (But that is a whole other video).

So, if you have $500 and you want to start investing….how do you do it? Where do you go? What options do you have? 🤔

So you have $500 – does that limit you on your investment options? Yes it can limit you somewhat. Vanguard you will need like $1,000, Fidelity $2,500 and Schwab you need $1,000 – unless you do a monthly ACH. However, there are some options out there that you can invest in for $500.

★☆★Resources Mentioned in Video:★☆★

Best Investment Platform Where They Choose Investments for You:

📈 https://www.goodfinancialcents.com/resources/betterment-youtube-invest-500.php

Best Investment Platforms Where you Choose Investments:

📍M1 Finance: http://jeffrose.com/mm1

📉 Ally Financial: https://www.goodfinancialcents.com/resources/ally-youtube-invest-500.php

📌Etrade:

https://www.goodfinancialcents.com/resources/etrade-youtube-invest-500.php

📊 https://www.goodfinancialcents.com/resources/tdameritrade-youtube-how-to-invest-100.php

Micro-Investing Platform:

🤝 https://www.goodfinancialcents.com/resources/stash-youtube-how-to-invest-100.php

You can read more about Fundrise here:

📰https://www.goodfinancialcents.com/fundrise-review-how-to-invest-in-corporate-real-estate-with-a-small-investment/

You can start investing with as little as $500 here:

https://www.goodfinancialcents.com/resources/fundrise-youtube-invest-500.php

There are lots of options out there – but I want to focus on my Top 5 options. The ones that I feel are the easiest to implement while seeing the best return.

➡️ 1. Investing in the Stock Market [1:48] – Investing in mutual funds, ETFs and/or stocks depending on your experience, your time frame, etc., you can start with companies like Ally Invest, E*Trade, or Betterment.

➡️ 2. Investing in Real Estate with Fundrise [10:49] – This is a great way to get into real estate investment without having to get a loan and actually finding and buying a property.

➡️ 3. Start an Online Business [13:32] – There are so many options for an online business and the room for financial growth with an online business is amazing!

➡️ 4. Invest in Online Courses [20:17] – There are a ton of online courses. Lots of them are scams – avoid those! (You are not going to become a millionaire overnight). I am talking more along the lines of educational courses. Courses that will teach you how to run your business and be more profitable.

➡️ 5. Flip Challenge [26:03] – If you are going to spend so much time on your phone – be productive while doing it. Instead of playing games or trolling social media, go to a garage sale or Craigslist, find something on sale and then flip it online for a profit.

So those are my top 5 picks for investing.

Which one resonates with you? 🤔

Which one are you going to take action on immediately?

🙌 Maybe you have already tried one of these options, share your story!

Let me know in the comments.

★☆★Resources Mentioned in Video:★☆★

Best Investment Platform Where They Choose Investments for You:

📈 https://www.goodfinancialcents.com/resources/betterment-youtube-how-to-invest-100.php

Best Investment Platforms Where you Choose Investments:

📉 https://www.goodfinancialcents.com/resources/ally-youtube-how-to-invest-100.php

📊 https://www.goodfinancialcents.com/resources/tdameritrade-youtube-how-to-invest-100.php

Micro-Investing Platform:

🤝 https://www.goodfinancialcents.com/resources/stash-youtube-how-to-invest-100.php

You can read more about Fundrise here:

📰https://www.goodfinancialcents.com/fundrise-review-how-to-invest-in-corporate-real-estate-with-a-small-investment/

You can start investing with as little as $500 here:

✅https://www.goodfinancialcents.com/resources/fundrise-youtube-fundrise-review.php

▶ Check out my gear on Kit: https://kit.com/jeffrosecfp

★☆★ Want More Good Financial Cents? ★☆★

💻 Check out my blog here: https://www.goodfinancialcents.com/

Listen to my podcast here:

🎙 https://itunes.apple.com/us/podcast/good-financial-cents-podcast-investing-building-wealth/id775107294?mt=2

Pick up my best selling book, Soldier of Finance, here:

📗 http://amzn.to/2xOH78V

Connect with me on Twitter:

My most favorite inspiration T-shirt line, Compete Every Day:

👕 https://www.goodfinancialcents.com/compete

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38 thoughts on “How to Invest $500 (5 Brilliant Ways to Invest 500 Dollars)”

  1. The thing about these guys is that they tell you what you want to hear not what you need to hear. If everyone was wealthy than no one would be back to a small percentage again because everything would just cost more. Why do you think a wealthy person is going to want everyone to be wealthy? They don't. Want to make good money doing something, go find it and learn to do it yourself.

  2. It’s like Dave Ramsey is the first step to becoming successful. He yells at you and helps you get out of debt. Then there is you who helps us make money out of all the money we are saving not being in debt! I subscribed to your channel, thanks!

  3. God is real and God is love. We are created to love God, trust God, and glorify God no matter what. We can't truly love God unless we trust Him and if you can't find God it's because you are not looking for Him. God knows our hearts and will allow anyone to be deceived who wishes to be. What we call life is just a test an illusion to see who loves God and how much. Anyone who truly loves God will keep God first, keep His 10 commandments, love their neighbors as themselves
    and do their best not to sin. We all sin and have fallen short of the glory of God. This is why God sent His only begotten son Jesus Christ
    to die on the cross for our sins so that all those who believe in Him and do their best to live a life that is pleasing to God will not perish but have everlasting life. Heaven and hell exist and the things we say and do in this lifetime will testify for us or against us and determine where we spend eternity. I was born in a Christian home and went looking for The Truth because I could see lies and deception in religion and wanted to know why there are so many different beliefs and religions. God gives us choices but wants us to choose Him.
    God allowed satan and his demons to test my faith with a demonic attack while He taught me a lesson about patience, holding my peace, and trusting Him no matter what. The Bible is true and this world is a lie.
    Spiritual warfare is going on right now and demons are fallen angels that work thru all people tempting us to sin and trying to win souls because it hurts God. God has given me spiritual discernment wich is the ability to detect these spirits. God wants me to help wake up the walking dead. The walking dead are people who don't know God are what He expects from us. God want us to love Him above everyone and everything. He also wants us to love everyone else like we love ourselves, to study His Word, and pray daily. Always remember our enemies are demons not the people they work thru. If we can't forgive others God won't forgive us on judgement day. God is love and love is the fulfillment of Gods law. This world rejects God because it is ruled by satan but God is always in control. God expects everyone who knows the truth to tell everyone who has been deceived. The only way to be saved from our sins is by repenting and excepting God 's only begotten son Jesus Christ because He paid the price for all sin when He died on the cross and rose again.
    Freedom is free and Jesus is the key. God is love and love is the fufillment of Gods law+++

  4. START YOUR NEW LIFE WITH
    CHRIST

    You can have real, lasting peace today through a relationship with Jesus Christ. Start your four-step journey now!

    Step 1 – God loves you START YOUR NEW LIFE WITH
    CHRIST

    You can have real, lasting peace today through a relationship with Jesus Christ. Start your four-step journey now!

    Step 1 – God loves you and has a plan for you!

    The Bible says, “God so loved the world that He gave His one and only Son, [Jesus Christ], that whoever believes in Him shall not perish, but have eternal life” (John 3:16). Jesus said, “I came that they may have life and have it abundantly”—a complete life full of purpose (John 10:10). But here’s the problem:

    Step 2 – Man is sinful and separated from God.

    We have all done, thought or said bad things, which the Bible calls “sin.” The Bible says, “All have sinned and fall short of the glory of God” (Romans 3:23). The result of sin is death, spiritual separation from God (Romans 6:23). The good news?

    Step 3 – God sent His Son to die for your sins!

    Jesus died in our place so we could have a relationship with God and be with Him forever. “God demonstrates His own love toward us, in that while we were yet sinners, Christ died for us” (Romans 5:8). But it didn’t end with His death on the cross. He rose again and still lives! “Christ died for our sins. … He was buried. … He was raised on the third day, according to the Scriptures” (1 Corinthians 15:3-4). Jesus is the only way to God. Jesus said, “I am the way, and the truth, and the life; no one comes to the Father, but through Me” (John 14:6).

    Step 4 – Would you like to receive God’s forgiveness?

    We can’t earn salvation; we are saved by God’s grace when we have faith in His Son, Jesus Christ. All you have to do is believe you are a sinner, that Christ died for your sins, and ask His forgiveness. Then turn from your sins—that’s called repentance. Jesus Christ knows you and loves you. What matters to Him is the attitude of your heart, your honesty. We suggest praying the following prayer to accept Christ as your Savior:

    "Dear God,
    I know I’m a sinner, and I ask for your forgiveness.
    I believe Jesus Christ is Your Son. I believe that He died
    for my sin and that you raised Him to life.
    I want to trust Him as my Savior and follow Him as Lord,
    from this day forward. Guide my life and help me to do your will.
    I pray this in the name of Jesus. Amen."

    has a plan for you!

    The Bible says, “God so loved the world that He gave His one and only Son, [Jesus Christ], that whoever believes in Him shall not perish, but have eternal life” (John 3:16). Jesus said, “I came that they may have life and have it abundantly”—a complete life full of purpose (John 10:10). But here’s the problem:

    Step 2 – Man is sinful and separated from God.

    We have all done, thought or said bad things, which the Bible calls “sin.” The Bible says, “All have sinned and fall short of the glory of God” (Romans 3:23). The result of sin is death, spiritual separation from God (Romans 6:23). The good news?

    Step 3 – God sent His Son to die for your sins!

    Jesus died in our place so we could have a relationship with God and be with Him forever. “God demonstrates His own love toward us, in that while we were yet sinners, Christ died for us” (Romans 5:8). But it didn’t end with His death on the cross. He rose again and still lives! “Christ died for our sins. … He was buried. … He was raised on the third day, according to the Scriptures” (1 Corinthians 15:3-4). Jesus is the only way to God. Jesus said, “I am the way, and the truth, and the life; no one comes to the Father, but through Me” (John 14:6).

    Step 4 – Would you like to receive God’s forgiveness?

    We can’t earn salvation; we are saved by God’s grace when we have faith in His Son, Jesus Christ. All you have to do is believe you are a sinner, that Christ died for your sins, and ask His forgiveness. Then turn from your sins—that’s called repentance. Jesus Christ knows you and loves you. What matters to Him is the attitude of your heart, your honesty. We suggest praying the following prayer to accept Christ as your Savior:

    "Dear God,
    I know I’m a sinner, and I ask for your forgiveness.
    I believe Jesus Christ is Your Son. I believe that He died
    for my sin and that you raised Him to life.
    I want to trust Him as my Savior and follow Him as Lord,
    from this day forward. Guide my life and help me to do your will.
    I pray this in the name of Jesus. Amen."

  5. hey man. luv your videos. looking to buy a business and invest what's left with my taxes. question…when I was a teenager I got a savings bond…throughout time..it got lost. any way I can find out where it's at?

  6. You could buy a 9 bar of hash for 500 cut 10 ounces off it sell each ounce for 100 our cut it up in quarters for 25 and half ounce for 50 thats double your money. Out of that 500 you put it away and buy another bar and repeat.

  7. I like the fundrise I'm just a little intimidating and investing I know I need to take the initial step I still work a nine-to-five and I still pay bills I would like to try to do it maybe a thousand or two what do you think will be the return on that

  8. Thank you for this, subbed and liked! I am planning to invest my $500 in an online t-shirt business. I'm a professional illustrator and I have some cool designs so I think this is my best option.

  9. You either earn or watch others earn. I m glad I'm investing with binary. Thanks? I'm recovering all I lost in just days. Finally I found legitimacy and transparency. Earn every 24hours Its amazing way and paying Only for business oriented persons kelvin klien

  10. Most excited about investing through robinhood, ally, and bettermen. I told myself that I would invest my time in educating myself about different ways of investing and you did an amazing job clarifying a lot of questions I had. Thank you. Subscribed because of this video and very excited about all the other ones I get to watch and learn from.
    *Already have Acorn and I love it. Great for those just trying to put a little change aside that has the potential to grow into something great within a year and be the funds you may need to invest on a different level

  11. Since the past year investing $5k in Fundrise, what is your experience on how well it is treating you? I am wanting to get started investing in Real Estate. I don't have the 10% down, but the real question is: How am I able to get the money? There is billions of dollars out there in the world, I am sure I am able to get a piece of it.

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