Why You Shouldn’t Invest Small Amounts

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have millions by the time you are going to retire but NO ONE wants to wait that long.If you want to get rich FAST, that isn’t the way to approach it. You need to realize putting in anything less than $10,000 won’t necessarily change your life or even make that much.Instead, invest into YOURSELF. Learn high-profitable skills to start a business, whether it’s an online business or a physical one. Businesses are assets that can make an unlimited amount of money if you know what you are doing.In today’s world, you can create a business out of anything. Here are some everyday things you may do that you can turn into a side-business:<ul><li>Gaming</li><li>Instead of watching YouTube, create videos</li><li>Social Media Manager</li><li>Walk Dogs</li><li>Yard Work</li><li>Sell Produ

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cts Online</li></ul>I personally create videos for <a href="https://youtube.com/mattwhile">YouTube</a> and other social media sites and used the income I earned from that to fund an investing account. When I would invest a few hundred dollars at a time, I knew the returns on those stocks and cryptos wouldn’t be much.If I could go back in time, I would’ve chosen to save all the money in cash and start up a physical business at a laundromat or other cash-heavy business.Thanks for reading this post, I hope this will help you out in your financial journey. My name is <a href="http://mattwhile.com/">Matt While</a> and I create content about personal finance on Medium and <a href="http://youtube.com/mattwhile">YouTube</a>, feel free to give me a follow if you enjoyed.</article></body>

Why You Shouldn’t Invest Small Amounts

Here’s something most people won’t agree with me on. Before you leave a negative comment or unsubscribe from my posts, hear me out.

What is investing lets say $200 in stocks or cryptocurrency going to do for you? If it goes up 50%, you only made $100. With returns that crazy, the amount you made will do NOTHING for you.

Plus, the average annual return for stocks is 8%. That’s $8/year if you invested $100. What will that do for you? Practically nothing.

With the story of investing small amounts for years and growing that until you are 65 is true. You can have millions by the time you are going to retire but NO ONE wants to wait that long.

If you want to get rich FAST, that isn’t the way to approach it. You need to realize putting in anything less than $10,000 won’t necessarily change your life or even make that much.

Instead, invest into YOURSELF. Learn high-profitable skills to start a business, whether it’s an online business or a physical one. Businesses are assets that can make an unlimited amount of money if you know what you are doing.

In today’s world, you can create a business out of anything. Here are some everyday things you may do that you can turn into a side-business:

Gaming

Instead of watching YouTube, create videos

Social Media Manager

Walk Dogs

Yard Work

Sell Products Online

I personally create videos for YouTube and other social media sites and used the income I earned from that to fund an investing account. When I would invest a few hundred dollars at a time, I knew the returns on those stocks and cryptos wouldn’t be much.

If I could go back in time, I would’ve chosen to save all the money in cash and start up a physical business at a laundromat or other cash-heavy business.

Thanks for reading this post, I hope this will help you out in your financial journey. My name is Matt While and I create content about personal finance on Medium and YouTube, feel free to give me a follow if you enjoyed.