The 10 Best Ways To Invest US$10,000 in 2024 For Maximum Returns
Summary
TLDRThis video offers 10 diverse investment strategies for those with $10,000, ranging from building an emergency fund to unconventional methods like YouTube automation and peer-to-peer lending. The host emphasizes the importance of risk-taking for success and provides insights on traditional investments like index funds and real estate, while also discussing the potential of Airbnb arbitrage and dividend-paying stocks. Each strategy comes with its risks and rewards, highlighting the need for careful planning and market adaptability.
Takeaways
- 💼 Investing $10,000 wisely can provide passive income and reduce reliance on a 9-5 job.
- 💡 The speaker emphasizes the importance of not being a financial advisor and that the information is for educational purposes only.
- 🚨 Risk is inherent in all investment strategies, but it's also a path to success as no successful person has avoided taking risks.
- 🏦 Building an emergency fund is the first recommended investment, which should cover 3-6 months of living expenses for financial security.
- 🏠 Airbnb Arbitrage is a strategy of renting a property long-term and subletting it short-term for profit, requiring careful planning and management.
- 📈 Index funds offer a way to diversify investments with lower fees and have historically provided a 7% average annual return.
- 📹 YouTube automation involves creating content upfront and then earning passive income from views over time.
- 💰 Investing in retirement accounts like Roth IRA or 401k is crucial for long-term financial stability.
- 🔒 High-yield savings accounts, CDs, and bonds are safer investment options for those with low risk tolerance.
- 💳 Paying down high-interest debt is an investment in itself, as it provides an immediate return by saving on interest payments.
- 🏢 Stocks, especially those that pay dividends, can offer a potentially higher return on investment than index funds but come with greater risk.
- 🏘️ Real estate investing can start with a $10,000 down payment on a rental property or through Real Estate Investment Trusts (REITs).
- 🤝 Peer-to-peer lending platforms allow lending to individuals or businesses directly, offering an average annual return of about 5%.
Q & A
What is the primary advice given in the video for someone with $10,000 to invest?
-The video suggests not to waste the money on material items like sneakers or gadgets, but instead to invest it in ways that can generate income or grow over time.
Why is building an emergency fund considered a necessary investment according to the video?
-An emergency fund is crucial as it provides a financial cushion for unexpected expenses, preventing reliance on high-interest credit card debt or selling investments at a loss.
What is the recommended amount for an emergency fund based on the video?
-The video recommends having 3 to 6 months' worth of living expenses in an emergency fund, which could range from $30,000 to $60,000 depending on monthly costs.
How does the video suggest one should store their emergency fund?
-The video recommends using a high-yield savings account instead of a regular bank account to ensure the money continues to work and earn interest, even while being readily accessible.
What is Airbnb Arbitrage and how does it work as an investment strategy?
-Airbnb Arbitrage involves renting a property long-term and subletting it short-term on platforms like Airbnb for a higher nightly rate, aiming to profit from the difference in rental costs.
What are some of the risks associated with Airbnb Arbitrage mentioned in the video?
-Risks include the property not being rented for various reasons, which can affect occupancy rates, seasonal demand, and lead to unexpected expenses.
Why are index funds recommended as an investment option in the video?
-Index funds are recommended because they offer diversification, lower fees, and have historically provided returns upwards of 7% per annum, leveraging the power of compound interest.
What is YouTube automation and how can it be used to generate semi-passive income?
-YouTube automation involves creating videos on trending topics or educational content and outsourcing video production to freelancers. Once monetized, the channel can generate income from ad revenue.
What is the significance of investing in retirement accounts as highlighted in the video?
-Investing in retirement accounts ensures financial security in old age, reducing the risk of having to continue working indefinitely due to lack of funds.
How does the video suggest using the $10,000 for high-interest savings accounts, CDs, and bonds?
-The video suggests considering high-interest savings accounts, CDs, and bonds as relatively safe investment options, especially for those with a low risk tolerance, although the returns may not be as high as other investment strategies.
What is the potential long-term growth of investing in bonds that pay 9% as mentioned in the video?
-The video illustrates that investing $10,000 in bonds at 9% interest, with reinvestment of returns, could grow to approximately $233,000 after 10 years and $132,000 after 30 years.
Why is paying down high-interest debt considered an investment in the video?
-Paying down high-interest debt is considered an investment because it provides an immediate guaranteed return by eliminating the high interest payments that would otherwise be made over time.
What are the potential returns on investing in individual stocks according to the video?
-The video suggests that investing in individual stocks, particularly those that pay dividends, can offer a higher potential return on investment compared to other methods, with an example of $10,000 growing to $199,000 after 10 years with a 7% average annual return.
How does the video describe real estate investing as a potential use for the $10,000?
-The video describes real estate investing as a way to use the $10,000 as a down payment on a property for short-term rental, or through other means like REITs or real estate crowdfunding, to generate income or appreciate in value over time.
What is peer-to-peer lending and how does it work as an investment?
-Peer-to-peer lending is an online platform that allows individuals to lend money directly to other individuals or small businesses, cutting out traditional financial institutions. It offers an average annual return of about 5%, growing $10,000 to approximately $16,600 after 10 years.
Outlines
💰 Maximizing Your $10,000 Investment
This paragraph introduces the video's purpose: to share the top 10 ways to invest $10,000 based on the speaker's experiences. It emphasizes the importance of not wasting money on frivolous items and instead putting it to work. The speaker clarifies they are not a financial advisor and that all investments carry risks, but also potential rewards. The first investment suggestion is to build or contribute to an emergency fund, which acts as a safety net for unexpected expenses, typically 3 to 6 months of living expenses. The paragraph advises against keeping the emergency fund in a regular bank account due to low interest rates, instead recommending high-yield savings accounts for better returns.
🏠 Airbnb Arbitrage as an Investment Strategy
The second method of investing $10,000 discussed is Airbnb Arbitrage. This involves renting a property long-term and subletting it short-term on platforms like Airbnb for a higher nightly rate. The process includes finding a furnished apartment in a desirable location, negotiating a long-term lease for stability and potential discounts, and setting a competitive nightly rate. The speaker provides a step-by-step guide on how to execute this strategy, including the financial projections for the first two years, highlighting the potential profitability and the importance of careful planning and market adaptability.
📈 Diversifying with Index Funds
The speaker introduces investing in index funds as the third method to invest $10,000. Index funds are a type of mutual fund or ETF that aims to match the performance of a specific index, offering diversification and lower fees. The S&P 500 Index Fund is mentioned as an example, which tracks the 500 largest US companies and has historically delivered over 7% annual returns. The potential for compound interest is highlighted, showing how an investment could double in 10 years with an average 7% return. The importance of researching and considering index funds not only from one's home country is also emphasized.
🎥 YouTube Automation for Semi-Passive Income
The fourth investment method presented is YouTube automation, which involves creating videos that can generate income over time with minimal ongoing effort. The process includes hiring freelance video producers to create content, focusing on educational and trending topics, and posting consistently to qualify for YouTube's monetization program. The potential earnings from ad revenue are outlined, with examples of how many views could translate into daily earnings. The paragraph also addresses the competitive nature of YouTube and the importance of high-quality content and differentiation.
👴 Securing Your Future with Retirement Accounts
The importance of investing in retirement accounts is the focus of the fifth paragraph. The speaker emphasizes the need for self-reliance in retirement and mentions various retirement investment options available in the US, such as the Roth IRA, 401k, and HSA. The benefits of tax-free contributions and potential employer matching contributions are highlighted. The speaker advises using Google Gemini to find retirement investment options and stresses the significance of starting early to secure financial stability in old age.
🏦 High-Interest Savings, CDs, and Bonds
This paragraph discusses investing in high-interest savings accounts, CDs (Certificates of Deposit), and bonds as relatively safe investment options for those with a low risk tolerance. High-interest savings accounts offer better rates than regular savings, while CDs provide higher interest rates for committing to keep money in the account for a set period. Bonds are described as loans to governments or companies in exchange for interest payments over time. The speaker shares personal experience with bonds, highlighting their potential for significant returns over the long term.
💳 Paying Off High-Interest Debt as an Investment
Paying down high-interest debt is presented as an investment strategy in this paragraph. The speaker explains that by using $10,000 to pay off a credit card balance with a high interest rate, one can effectively earn a return equivalent to the interest rate saved. This not only eliminates the debt but also the associated high interest payments, freeing up cash flow for other investments and improving credit scores.
📊 Investing in Individual Stocks for Dividends
The speaker discusses investing in individual stocks, particularly those that pay dividends, as the eighth method to invest $10,000. Dividend-paying stocks are highlighted for providing 'free money' to investors. The potential for higher returns compared to index funds is noted, but so is the increased risk. The importance of researching and choosing well-established companies with a good track record is emphasized, with examples provided.
🏘 Real Estate Investing with Limited Capital
Real estate investing is the ninth method presented, with suggestions on how to use $10,000 as a down payment for a short-term rental property or investing in a REIT (Real Estate Investment Trust) for diversified real estate holdings. The speaker also mentions rental properties and real estate crowdfunding as alternative ways to invest in real estate, providing examples of platforms and the potential returns from such investments.
🤝 Peer-to-Peer Lending for Direct Investments
The final method discussed is peer-to-peer lending, where individuals lend money directly to others or small businesses through online platforms, bypassing traditional financial institutions. Examples of platforms like Lending Club, Prosper, and Funding Circle are given, along with the potential returns from this type of investment. The speaker reminds viewers to consider their risk tolerance and to seek professional advice when making investment decisions.
🚀 Embracing Limitless Potential with $10,000
In the concluding paragraph, the speaker encourages viewers to take action on the investment strategies shared, emphasizing the importance of breaking limitations and adopting a mindset of future success. A call to action for viewers to like the video and subscribe to the channel is included, along with a motivational message to walk with a growth mindset.
Mindmap
Keywords
💡Investment
💡Emergency Fund
💡High Yield Savings Account
💡Airbnb Arbitrage
💡Index Funds
💡YouTube Automation
💡Retirement Accounts
💡Bonds
💡Paying Down High-Interest Debt
💡Stocks
💡Real Estate Investing
💡Peer-to-Peer Lending
Highlights
The importance of not wasting $10,000 on material items and instead investing it to make money work for you.
Declaration of not being a financial advisor and the information shared is for informational purposes only.
The necessity of taking risks for success, with the reminder that every investment option carries risk.
The first investment suggestion is building an emergency fund to cover 3 to 6 months of living expenses.
Access to emergency funds should be immediate, not through selling assets or stocks.
Recommendation to use high yield savings accounts for emergency funds instead of regular banks.
Introduction of Airbnb Arbitrage as an investment method involving renting and subletting properties for profit.
Details on executing Airbnb Arbitrage, including finding properties and setting competitive nightly rates.
Potential profits from Airbnb Arbitrage and the strategy of scaling up by adding units every few months.
Risks associated with Airbnb Arbitrage, such as unoccupied properties and market adaptability.
Investing in index funds as a way to diversify investments and match the performance of specific indexes.
The potential long-term growth of index funds through compound interest and the importance of diversification.
Investing in YouTube automation as a semi-passive income source by creating and monetizing content.
The process of creating a faceless YouTube channel, leveraging trending topics, and outsourcing video production.
The potential for significant returns from a well-executed YouTube channel and the competitive nature of the platform.
The importance of investing in retirement accounts to ensure financial security in old age.
Different types of retirement accounts and their benefits, such as Roth IRA, 401k, and HSA.
Investing in high interest savings accounts, CDs, and bonds as conservative investment options.
The benefits and potential growth of investing in bonds, especially those with higher interest rates.
Paying down high interest debt as an investment strategy to eliminate debt and save on interest payments.
Investing in individual stocks, particularly those that pay dividends, as a potentially rewarding strategy.
The potential long-term growth of investing in the stock market and the importance of reinvesting returns.
Investing in real estate as a means to generate income through rental properties or real estate investment trusts (REITs).
Exploring real estate crowdfunding as an alternative to traditional real estate investment.
Peer-to-peer lending as a way to lend money directly to individuals or businesses through online platforms.
The potential returns from peer-to-peer lending and the importance of choosing reputable platforms.
Transcripts
[Music]
do you have
$10,000 and wondering how to make the
most of it and how to get your money to
work as hard as you do at that 9 to5 job
the key is not to waste it on another
pair of sneakers or some fancy Gadget
there are actual ways that you can get
your money to work for you so that you
don't have to keep working so hard for
your money so in this video rock stars
I'm going to share based on my own
experiences the 10 absolute best ways to
invest
$110,000 at this particular point in
time
search now before we get started let me
declare that I am not a financial
advisor and what I'm sharing with you is
for informational purposes only also
there's a risk related to every single
thing I'm about to share but what I have
to remind you is that no risk no reward
I can't think of any successful person
in the world who didn't take risks to
get there so it's required for success
and for you to experience your greatness
now these investment options S range
from the traditional to the
unconventional so I believe there's
something here for everyone but I'll let
you decide now the first one is an
investment that every single person on
this Earth needs to make and it is to
build an emergency fund or to invest in
your emergency fund now an emergency
fund is money that you set aside for
unexpected expenses and usually what's
recommended is anywhere from 3 to 6
months worth of living expenses meaning
if it cost you $110,000 to pay your
bills and to take care of all your needs
and your wants in a month 3 months would
mean you need $30,000 set aside 6 months
would mean you need $660,000 one of the
key criteria is that you must have
access to it it can't be that you're
selling an asset or requesting for
stocks to be sold for you to get access
to that money absolutely not now what an
emergency fund does it prevents you from
relying on a credit card to manage your
expenses when an emergency happens
because credit card debts are very high
interest so you don't want to be in that
situation it also prevents you from
selling your investment at a loss if you
have them to deal with an emergency or
taking out other High interest debt to
manage that emergency because of that an
emergency fund is a necessary investment
now most people just save their
emergency fund in a regular bank and in
that bank you're going to get a lot less
than 1% in interest per year it's not
worth it rockstars you need to talk to
your financial advisor about high yield
savings account so that this money can
continue to work for you even though
it's sitting there and you'll have
access to it readily if there's an
emergency you can just use Google Gemini
free and I'm going to put the link in
the description and type in high yield
savings account in and then you put your
country I did it for Jamaica and I got
several options most of you watching
reside in the United States so you can
explore wealth front and Ali Bank as
options to consider but you can also
search Google Gemini for other options
as well now the second method that you
can use to invest
$110,000 and this is something I have
done and continue to do and also coach
people who are doing it successfully is
Airbnb Arbitrage Airbnb Arbitrage
involves renting a property for the long
term and then subletting that property
on a shortterm basis on platforms like a
BNB and of course you're going to do it
for a higher nightly rate now here is
how you execute this you need to First
identify a furnished and in this example
I'm going to say a one-bedroom apartment
because we want to start small it could
also be a studio apartment in a gated
community preferable but with no HOA
restrictions against short-term rentals
now you're going to aim to rent this one
bedroom or this studio for
$11,200 that's the sweet spot for this
particular example if you have $10,000
to invest now you're also going to
ensure that the property is attractive
to potential Airbnb guests so the
location and the amenities matter now
you're going to negotiate a longer term
lease preferably 1 to 2 years and this
will give you stability and also
potential rent discounts you're then
going to set a competitive yet
profitable nightly rate now based on
what I've seen you can earn anywhere
from $150 to maybe $200 so we're going
to go with an average of
$175 adjust the numbers accordingly and
ensure that it works based on your math
not my math now you're going to start
with one unit out of your
$10,000 and then what what you're going
to do is as the profit starts coming in
from that unit plus you're still going
to have over $8,000 left you're going to
add one unit every 3 months so by the
time the year is done you should have
four one-bedroom or studio apartments
now we're going to assume that for 22
out of the average 30 nights in a month
you have a booking and rock stars that's
not impossible but it's going to be
contingent on your your particular
apartment or studio and where it's
located then we are going to assume that
the expenses per month are about $300
and it could be more you again do the
math based on your circumstances now
after the first year after accumulating
four properties in a staggered manner
your annual income will be about
$115,000 less your expenses
$36,000 it means your profit is
$779,000 in year two with your four
apartments one bedroom or Studio your
income is
$369,000 with expenses of
$144,000 and your profit is
$225,000 so basically you would not only
make back your $10,000 in year one but
you would make a profit of over $60
$50,000 now again there are risks that I
must call out because your property may
not get rented for different reasons
that's why these are projections actual
profit can vary based on things like
occupancy rate seasonal demand and
unexpected expenses but Airbnb Arbitrage
it can and has proven in my case and in
the case of several persons that I coach
to be a lucrative way to generate
passive income but it does require
careful planning diligent management and
adaptability to the market that you're
operating in now let's move to the third
way to invest $10,000 at this particular
time and it's in an index fund now index
funds are a type of mutual funds or ETF
they actually aim to match the
performance of a specific index and if
you have heard of the SNP 500 that's
actually a specific index what index
funds do however is they offer an
opportunity for you to diversify your
investment so when you invest in an
index fund that Index Fund may be for
stocks bonds and investment in a company
you're spreading your risks and they
also have much lower fees when compared
to other Investments out there now the
options that you can consider if you are
in the US which most of you are
is the S&P 500 Index Fund and this
tracks the 500 largest US companies and
has been proven over time to deliver
results upwards of 7% in interest per
anom but again just go to Google Gemini
and type in index funds that I can
invest in in my area total stop market
index fund is another one that you can
consider and this includes all the
publicly TR ated companies in the United
States and remember as well that you can
invest in index funds that are not in
your home country I do that with several
of my different index funds you don't
need to be a citizen of the country to
do this from Jamaica here I use Brandon
who I interviewed in this particular
video on the channel and he helps me to
invest not just locally but also
overseas Now with an average annual
return of about 7%
$10,000 in 10 years would basically
double because it's leveraging compound
interest so it's not as great as Airbnb
but you know what if you're looking for
an option to diversify your portfolio
you definitely need to have index funds
now the fourth method that you can
invest your
$10,000 in is very nonconventional but
pretty popular and it is into YouTube
automation just picture turning
$10,000 into semi- passive income and I
say semi- passive because you first have
to create the videos but then you can
keep earning on those videos for many
years to come now here is how it works
and this is of course a faceless YouTube
channel and you can ride the wave of
trending topics or viral videos make
sure however it's educational because
that will pay you more now what you do
is you reach out to a freelance video
producer on platforms like Fiverr or
upwork now for one of my channels that's
faceless this is all I do and I pay
about $2 us per video this includes them
scripting the video creating the video
and even creating the thumbnail sending
it back to me and all I'm doing is post
there are some Freelancers out there
that we'll even post for you but I don't
recommend that from a security
perspective and for three videos per
week as an example it's going to cost
you about
$240 per month so your
$10,000 will go a long way with YouTube
automation now you're going to keep
posting videos until you qualify for the
YouTube monetization program and then
you're going to apply and when approved
you're going to start making money from
YouTube posting ads on your videos now
let's say conservatively you're only
making $5 per 1,000 views for your
channel if you are able to get 20,000
views in a day that's $100 and let's say
you target that in year one because
we're building up let's say after 3
years you're averaging a 100,000 views
in a day it means that you're earning
$500 per day 500times 30 days in a month
that's 15,000 it means that your
$10,000 you make it back in year one and
by year two you're making three times
that per month with your
$330,000 so it's one of those
Investments that when done right it
returns a significant reward wward and
at $20 per video your $10,000 will give
you enough money to post Way Beyond a
year and have content been uploaded on
your channel three times per week now
you have to consider however that growth
on YouTube is not linear so you can
expect that they're going to be slower
months and sometimes it's going to pick
up and you're going to earn more YouTube
is also highly competitive especially
when it comes to to face less content so
you have to be aware of that as well and
try to differentiate your offering make
sure however that your videos that these
Freelancers are creating they're well
produced even if it's trending topic
videos rockstars if you're willing to
put in the work a faceless channel can
be a lucrative investment just visit
alo.com which is 100% faceless and that
channel has millions of subscribers and
I'm sure is raking in a lot more than
your $10,000 that you're going to invest
initially on a monthly basis possibly
even on a daily basis my tip here is
YouTube is not a getrich quick scheme
treat it like a business not like a
lottery ticket now the fifth way to
invest your $10,000 is to invest in
retirement accounts you cannot rely on
your kids to take care of you when you
get older and I do not want to see you
waving at me if I happen to visit a
Walmart because you have to be there and
not because you're choosing to be there
because you're looking for interaction
in your old age I'm sure you see those
much older people waving at you at
Walmart it's likely because they didn't
plan for their retirement and they need
to continue working until they die you
do not want to be that person rock stars
retirement Investments they'll actually
ensure that you are okay long after you
stop working and again you can use
Google Gemini to ask for retirement
Investments where you live or you can
reach out to a financial advisor to get
some guidance in the US again which most
of you are watching from you have the
Roth IRA which is where you contribute
after tax money and you get all the
profits tax-free the limit for
contribution however is $6,000 per year
assuming you're under 50 or $7,000 if
you're over 50 there's also your 401k
where you invest pre-tax money and in
2024 as an example the contribution
limit is $119,500
and listen if your employer is opting to
match your contribution go ahead and
contribute the maximum amount because
you will not regret it when you walk
past someone with in at you in Walmart
and there's also the HSA which is health
savings account and here you can
contribute up to
$3,500 per year it's actually a great
tax advantage account offering tax-free
contributions like I said earlier with
withdrawals for medical expenses I would
say if you can do two out of the three
go ahead and again go to Google Gemini
and ask about retirement accounts or
retirement plans where you live sixth on
the list I'm bucketing everything High
interest savings account CDs and bonds
now a highin savings account is a bank
account that pays a higher rate of
interest when compared to a regular
savings account it's relatively safe and
you can access your money at any point
in time I still don't think those are
aggressive ways to invest your money if
you want to get it to work for you but
if you have a very low low risk
tolerance that may be an option you can
consider there are CDs or certificates
of deposits and this is a savings
account where you commit to leaving your
money in the bank for a set period of
time in exchange for a higher interest
rate CDs these days are paying monkey
money so I don't do it but again if you
have a lowrisk appetite you can consider
investing your $110,000 in a CD Now
bonds is next on our list
and I have personally been investing in
bonds since I was in my early 20s
actually that's the reason why I could
retire from a 9 to5 job at age 42
because when you put money in a bond as
an example every quarter or every 6
months or every year a certain amount of
money is going to come to you which is
the interest or the coupon payment
that's coming from that Bond and you
just need to put enough money in there
to make sure that money coming out can
sustain you and maintain you starting at
$10,000 is good but to be able to live
comfortably and enjoy Financial
Independence you're going to need to
ramp that up over time the key however
is to start and bonds are loans that you
give government or companies in exchange
for interest payments over time so for
example if a company says they want to
expand and they don't want to use the
capital on hand or they don't want to go
and borrow a formal loan from A bank
they can come to the public and they can
raise this money where you can put in
your 10,000 somebody else can do 5,000
somebody else can do 50,000 and then in
exchange for use of your money they pay
you at a higher interest rate now
personally I love bonds that pay 9% and
in Jamaica here south power is one such
bond this is the parent company for JPS
there are bonds like this overseas as
well but the greater the risk the
greater the reward now let's say your
$10,000 is invested at 9% which is the
sweet spot for me your $10,000 after 10
years grows assuming again you are
reinvesting your returns
$233,000 and after 30 years assuming
again you get the interest you put it
back in and you reinvest it in a bond
that's paying 9% you'll have
$132,000 so this $110,000 it does grow
but again if you want to be financially
free and live off the proceeds of your
bonds you need to invest more in doing
so seven on our list is to pay down high
interest debt and I know right now
you're thinking but Odetta that's not an
investment it is because anything that
reaps a return or delivers an Roy that's
tangible can be considered an investment
paying off high interest debt is getting
an immediate guaranteed return let me
give you an example imagine you have a
credit card with a $10,000 balance on it
with an interest rate of 18% which by
the way this interest rate can be as
much as 34% in a lot of especially
developing territories let's go back 8%
$110,000 however for this example if you
only make the minimum payments it's
going to take you years to pay off off
your $10,000 on your credit card and
this could end up with you paying
thousands of dollars in interest over
time by using your $10,000 and paying
off that credit card balance one you
eliminate this debt and two you also
eliminate the high interest rate that
comes with this debt effectively earning
an 18% return on your money because no
longer will you have to find that 18%
over time to pay back this not only
frees up cash flow for other Investments
but like I said earlier it improves your
credit score now number eight on the
list are stocks and these are individual
stocks now personally I only invest in
stocks that pay a dividends meaning I
put the money there and just for
investing in that particular company
every 6 months or every year as an
example they're just going to send a
certain amount of money to me which I
call free money so stocks like WinCo
here in Jamaica and apple they pay a
dividends but you can take chances and
invest in Amazon and other stocks they
don't necessarily pay a dividends but
they do well over time now investing in
individual stocks can be riskier than
putting your money on something like an
index fund that includes stocks so make
sure you consider that risk however the
potential for you to get a good Roi or
return on your investment is more
rewarding than most again Ask Google
Gemini for the best platform to buy
stocks in your country and make sure
you're investing in a wellestablished
company with a good track record now if
you invest in the stock market and your
average annual rate of return is 7%
after 10 years your $10,000 will be
worth about $199,000
after 20 years
$38,000 after 30 years
$76,000 and after 40 years
$149,000 now 10th on our list is real
estate investing and with your $10,000
you can consider investing it as a down
payment to a property that you want to
use for short-term rental so it's going
to be Revenue generating not a property
you're going to live in because then
it's going to become an expense but you
can also invest in other types of real
estate investment as an example a Reit
which is a real estate investment trust
this is where you invest in a
diversified portfolio of real estate
holdings without needing to buy actual
property you can look at rental
properties which is what I shared
earlier where you can use your money to
pay a deposit and then rent that
property to generate a monthly income
but keep in mind that you need a good
credit score to qualify for that but you
can also consider real estate
crowdfunding which is where you
participate in real estate projects
through platforms like fundrise where
again they're saying we want to build
this shopping mall and instead of going
to a bank and borrowing a formal loan
they come to the public and say put in
your little Tri pens or two pens and you
put in your 10,000 somebody else put in
a th000 somebody else put 5,000 and you
get paid interest on an annual or
quarterly basis based on your $10,000
investment in real estate crowdfunding
Now with an average annual return of
about 8% $10,000 could grow to
$21,500 after 10 years so not as
lucrative as the others but definitely
worth it and the last way that you can
invest your $110,000 is is with
peer-to-peer lending and peer-to-peer
lending involves lending money directly
to individuals or small businesses
through online platforms cutting out
traditional financial institutions some
of the organizations that you can use
for peer-to-peer lending include one
that I'm very familiar with which is
Lending Club a platform for personal
loans you can also use Prosper another
peer-to-peer lending platform or funding
Circle which focuses on small business
loans again you can ask Google Gemini
for peer-to-peer lending options where
you live now with an average annual
return of about 5% your $10,000 could
grow to about
$166,000 after 10 years rock stars
that's it again these methods all depend
on your risk tolerance they're all risky
but you have to determine what's best
for you and again seek the guidance of a
financial advisor if you found this
video helpful I would really appreciate
you liking it and if you're not yet a
rock star please go ahead and join the
family by subscribing until next time
walk good I don't want to be one of the
nameless I'mma wake up with the mindset
that one day I'm going to make it and I
don't think I'll be fine if I don't
break my limitations
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