438: The Beginner’s Guide to Investing (Start with Just $100!)

BiggerPockets Money Podcast

English - August 04, 2023 06:00 - 42 minutes - ★★★★★ - 2.8K ratings
Investing Business Education financial independence financial freedom investments wealth finances finance investing success money realestate Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: 437: Wedding Costs Are WILD: Is Your Dream Day Worth Going Into Debt?

Next Episode: 439: Watch Out for These Financial Infidelity “Red Flags” in Your Marriage

Only have $100 – $5,000 but want to know how to invest it wisely? No amount is too small to start building smart money habits today. While some asset classes may not be viable for you just yet, there are still all kinds of ways to invest with a modest amount of money. Making the most of what you have now can set you up for a bright financial future.
In this episode of the BiggerPockets Money podcast, Scott and Mindy have brought in reinforcements to discuss the best ways for beginners to invest a small amount of money—whether it’s $5,000 or as little as $100. With four unique perspectives on investing, you’ll find that there are several ways to make your money work harder for you. There is one common message, however: educate yourself and take action!
Not everyone has a large nest egg to throw around. In fact, most Americans live paycheck to paycheck. If you don’t have much money to spare, this is the episode for you. You’ll learn about the investing order of operations, different types of retirement accounts and how they work, and ways to purchase real estate with no money down!

In This Episode We Cover
The best ways to invest with $100, $500, $1,000, $2,500, or $5,000
How to buy real estate with ZERO money down
Different types of retirement accounts to add to your portfolio
Maximizing your 401(k) contributions for a HUGE return on investment
Leveraging debt to fast-track your investing journey
And So Much More!
Links from the Show
BiggerPockets Money Facebook Group
BiggerPockets Forums
Finance Review Guest Onboarding
Join BiggerPockets for FREE
Scott's Instagram
Amanda's Instagram
Grab Scott’s Book, “Set for Life”
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Apply to Be a Guest on The Money Show
Podcast Talent Search!
Listen to The Real Estate InvestHER Show
Join The Real Estate InvestHER Community on Facebook
Money Moment
Scott Trench’s Step-by-Step Guide to Building Your Perfect, 1-Page Investment Plan
Check Your USDA Loan Eligibility

Click here to check the full show notes: https://www.biggerpockets.com/blog/money-438

Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email us: [email protected]
Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of the BiggerPockets Money podcast, Scott and Mindy have brought in reinforcements to discuss the best ways for beginners to invest a small amount of money—whether it’s $5,000 or as little as $100. With four unique perspectives on investing, you’ll find that there are several ways to make your money work harder for you. There is one common message, however: educate yourself and take action!

Not everyone has a large nest egg to throw around. In fact, most Americans live paycheck to paycheck. If you don’t have much money to spare, this is the episode for you. You’ll learn about the investing order of operations, different types of retirement accounts and how they work, and ways to purchase real estate with no money down!

In This Episode We Cover

The best ways to invest with $100, $500, $1,000, $2,500, or $5,000

How to buy real estate with ZERO money down

Different types of retirement accounts to add to your portfolio

Maximizing your 401(k) contributions for a HUGE return on investment

Leveraging debt to fast-track your investing journey

And So Much More!

Links from the Show

BiggerPockets Money Facebook Group

BiggerPockets Forums

Finance Review Guest Onboarding

Join BiggerPockets for FREE