How to Invest 100k Online? If you have money lying around, it’s wise to make the best use out of it. Expanding it through investment can be a great way to do it. Let’s say you have around 100k to invest, then you are in luck, because there are several places where you can invest that money and grow your capital.
Investing money online can be a great investment method. Investing money online has its own unique benefits over traditional investments. It’s fast, easy, and convenient. But one thing you need to be aware of is that there are a lot of malicious sites online and you can get scammed easily if you are not careful enough.
As there are many online sites where you can invest your money, it can get confusing if you’re new to this. But you don’t have to fret over this anymore, as we will show you some of the safest and easiest ways to invest your 100k online.
1. Online Stock Market
Investing in the stock market is one of the most common methods of investment, whether online or offline. In order to invest in the online stock market, first you need to know what type of stock you are interested in investing in. This step requires a bit of research which will then help you to decide. You need an online trading platform and a stockbroker. Stockbrokers are persons or entities who are authorized to buy and sell stock, including other securities.
Stockbrokers can be a great option if you want to choose the stock for yourself and invest. If you want to invest in the stock market, all you need is to open a brokerage account to get started. You can use the brokerage account to manage your stocks and investment. There are many online stock brokers out there who offer different types of services and it’s important to choose the best one. Fidelity, E*TRADE, Sofi, and Vanguard are the most popular and trusted online stock brokers that you can consider trading with.
If you don’t want to choose the stocks and want someone else to do it for you, you should go for a Robo advisor. Robo advisors suggest you the best stocks for you to invest in by performing research and analysis. Though Robo advisors charge extra for their service, it’s worth it considering the fact that it does most of the job for you. Some of the most popular and trusted Robo advisors are Betterment, Wealthfront, and Ellevest.
2. Real Estate
Real Estate is a high tier investment because it involves huge investment, along with bigger returns. You need thousands of dollars to begin with and 100k can be a sweet spot for real estate investment. A fun fact is that most of the rich people around the world are real estate investors. However, real estate involves land, property, buildings and you might wonder how is it possible to invest in real estate online. Surpassingly, there are plenty of opportunities to invest in real estate online.
Also Read: How to Make Your Money Work for You
Fundrise is one of the best platforms for online real estate investment. Fundrise connects real estate retailers with individuals, so that they can invest in their desired property. By using Fundrise, you can make more than a thousand dollars a month depending on your investment. Fundrise is totally safe, the transactions are encrypted and very secure, and it is highly rated among users.
Bitcoin is undoubtedly the most popular cryptocurrency in which you can consider investing to make a huge profit in a considerable short time. The idea is to buy bitcoin at a cheaper rate and sell them when the price takes a hike. Bitcoin is very profitable compared to other investments which might seem fishy at first glance, but it works in a decentralized manner and uses a system called “hashing” to verify the transactions which are very cheap and efficient, hence generates higher profit. However, investing in bitcoin involves high risk, therefore you need proper analysis to invest.
Investing in bitcoin is quite easy, with a few simple steps. The first step is to get a bitcoin wallet. Now, the function of a bitcoin wallet is same as the leather wallet you daily carry around in your pocket, except it does not come in the same form. It can come in the form of hardware and software. Exodus, electrum, and blockchain wallet are some of the best software-based bitcoin wallets. Ledger Nano X and Trezor Model T are some of the best hardware-based bitcoin wallets that you can buy right now.
Forex is another popular form of online investment that involves high risk and return. It is a marketplace where national currencies are traded and exchanged. Forex uses a decentralized trading method like bitcoin, which is called an over-the-counter market that determines the exchange rate of currencies. To start investing in forex, you need to find the best broker, open an account, and start trading. However, forex trading is not as easy as it sounds. You need to be patient and analyze precisely by taking the reader of the graphs and charts before investing in any currency. If you invest in any currency without holding a proper idea, you are likely to go through a huge loss.
5. Buy a Business Online
This might sound crazy but you can actually buy businesses online. If you want to do business but don’t want to start from the bottom, this can be a great option for you. There are many online platforms that sell pre-existing businesses.
Also Read: How to start Online Business with No Money
Flippa is a popular online business selling platform that has thousands of businesses up for sale. You can also buy digital assets from Flippa like websites, blogs, apps, etc. There you have it – some of the best ways you can invest 100k online. Though bear in mind that spending 100k will not make you a millionaire overnight. The key is to remain patient to see fruitful results.