How To Invest $1,000 in 2024: 3 Ways to Invest

• When most people get $1,000 it goes straight to Amazon.
• People buy items through Amazon.com.
• We talk about how to invest $1,000 instead of spending it.
• We should save & invest our hard-earned money to get large returns in the future. 

• For those of you who don’t know what the stock market is, it is a place where you an individual can buy any great business in the world.
• When you buy a stock you are buying into a very small portion of a business.
• Let’s say you buy one stock in Apple. Then you own a very tiny portion of the company Apple.
• So, you become a business owner of Apple.
• Apple is a company that sells iPhones, Mac books, iPads, smart watches & a bunch of other products to make money.
• Whenever Apple sells their products & makes money, you make money. Because you are a business owner of Apple.
• In the stock market, your money works for you. Your money makes money for you.
• That is an awesome thing to do with your money.
• Making money using money is called passive income.
• You make money even when you are sleeping. When you are in bed your invested money in stocks creates wealth for you.
• As Warren Buffett says,

“If you don’t find a way to make money while you sleep, you will work until you die.”

Warren Buffett

• Let us back to our Apple stock example. The price of Apple stock price at the time is $170. So you can buy 5 Apple shares & $150 left over to buy different stocks cheaper than Apple.
• You could buy a couple of shares of Coca-Cola stocks which is $58 per share.
• You could buy a share of Walmart which is around $60. There are so many options.

• So, the stock market is a great way of accumulating long-term wealth. On average the stock market’s long-term return is around 10% per year.
• Return on Investment from online business is much higher than the stock market return.
• YouTube is a great option to make money online.
• All you need is a microphone & a camera & and animation software & you are on your way.
• The simple way to make money is through advertising revenues. Every time someone views your video & views an ad you will get paid.
• Next, you have got premium courses to sell.
• You can your niche special knowledge you have for some premium prices.
• You can also make it through affiliate marketing. As an example, if you buy any of the camera equipment or microphone equipment you get a small commission through Amazon affiliates.
• If YouTube is not your thing there are so many ways you can invest $1,000 to start your online business. You can start a blog site, or you can start to drop shipping.

• What do you mean by investing in yourself?
• There are greatest minds in finance, business, psychology, and health decided to write down the supreme lessons that they learned throughout life in a book.
• If you are not reading these then you are missing out on this great knowledge.
• The knowledge you can have for just $1,000 is massive. You buy many great books for $1,000.
• If you have any money left over from investing in the stock market or from buying equipment for an online business then invest your leftovers to buy some great books related to your field, and your interest.
• These are some great business books to read.

Rich Dad Poor Dad by Robert Kiyosaki

Here you will learn the mindset of the rich. What is the difference between a poor mentality & a rich mentality?

The Intelligent Investor by Benjamin Graham

Benjamin Graham is the mentor of great investor Warren Buffett. Warren Buffett read this book in his early 20s & changed his total view on the investment world. If you are going to invest your money in the stock market long-term this book must read.

The Millionaire Fastlane by MJ Demarco

This is the book you need to read before starting any online business. Here you will get to know what types of characteristics need to have to build an online business.

• The way you spend this $1,000 could change your life. Don’t be like the rest of your friends who go straight to Amazon to spend their money. They will end up working for others. Get your money working for you & you will find financial freedom.