BiggerPockets Money Podcast

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


Listen Later

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

...more
View all episodesView all episodes
Download on the App Store

BiggerPockets Money PodcastBy BiggerPockets

  • 4.5
  • 4.5
  • 4.5
  • 4.5
  • 4.5

4.5

2,959 ratings


More shows like BiggerPockets Money Podcast

View all
Afford Anything | Make Smart Money Choices by Paula Pant, Personal Finance Expert | Cumulus Podcast Network

Afford Anything | Make Smart Money Choices

3,565 Listeners

BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,724 Listeners

Money Guy Show by Brian Preston and Bo Hanson

Money Guy Show

3,260 Listeners

The Stacking Benjamins Show by StackingBenjamins.com | Money Podcast | Cumulus Podcast Network

The Stacking Benjamins Show

1,998 Listeners

Your Money, Your Wealth by Joe Anderson, CFP® & Alan Clopine, CPA of Pure Financial Advisors

Your Money, Your Wealth

812 Listeners

ChooseFI by ChooseFI

ChooseFI

5,153 Listeners

Earn & Invest by Jordan Grumet (Doc G)

Earn & Invest

452 Listeners

BiggerPockets Business Podcast by BiggerPockets

BiggerPockets Business Podcast

692 Listeners

Real Estate Rookie by BiggerPockets

Real Estate Rookie

1,823 Listeners

The Personal Finance Podcast by Andrew Giancola

The Personal Finance Podcast

1,431 Listeners

BiggerPockets Daily by BiggerPockets

BiggerPockets Daily

319 Listeners

PassivePockets: The Passive Real Estate Investing Show by PassivePockets, Jim Pfeifer, and Left Field Investors

PassivePockets: The Passive Real Estate Investing Show

133 Listeners

All the Hacks: Money, Points & Life by Chris Hutchins

All the Hacks: Money, Points & Life

1,621 Listeners

Mile High FI Podcast by Doug Cunnington & Carl Jensen

Mile High FI Podcast

206 Listeners

On The Market by BiggerPockets

On The Market

903 Listeners

Catching Up to FI by Bill Yount & Jackie Cummings Koski

Catching Up to FI

356 Listeners

The BetterLife Podcast by Brandon Turner and Cam Cathcart

The BetterLife Podcast

856 Listeners

The David Greene Show by David Greene

The David Greene Show

706 Listeners