Why You Should Start Investing

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 Why You Should Start Investing


With the New Year coming up, lots of people are making resolutions and goals. Whether it’s working out in the gym to lose weight or making more money, everyone has a goal or trying to improve themselves. So why not try investing as well? Many of us want to make a lot of money or become wealthy. However, in order to accumulate that sort of wealth, there is no rich quick scheme that will work and your time will be crucial in creating exponential wealth growth. In this blog, we’re going to go over different types of investments you can make and pick which one sounds better to you.


  1. Stocks, ETF, Mutual Funds

  2. Cryptocurrency

  3. Real Estate

  4. Collectibles

  5. Angel Investing


Stocks, ETF, & Mutual Funds

You’ve heard about the stock market or are familiar with the term. Wherever you go, there are businesses such as Coke, Pepsi, Apple, Google, etc that offer a way to become an investor in the company, instead of just being a consumer for them. Stocks is a way to show support for the company (similar to buying merch and being a fan). If you solely believe in Coke rather than Pepsi, you can invest in a Coke Stock. But if you like both Coke and Pepsi, then you can look into ETF/Mutual Funds. ETF and Mutual Funds is a collection of stocks offered in a bundle for an affordable price. Think of it as a bundle deal with all the items you want, but for a cheaper price. So instead of buying a Coke and Pepsi stock, you can get both for a better price. And ETF and Mutual Funds are considered a diversified basket of different stocks. The only difference is that the ETF isn't managed by someone. 


Cryptocurrency

Lots of companies are moving into the digital world. Whether it’s the metaverse or NFT space, there are people using cryptocurrency to buy stuff (just like real money would). Digital currencies such as Bitcoin and Ethereum are two well known coins to buy stuff. You can buy these currencies on Paypal, Venmo, Coinbase, Blockfi, Gemini, Binance, etc. 


Real Estate

With the U.S. population on the rise, houses are in high demand. Which is why housing can be a great investment depending on the location, acres, and age of the house. Lots of students are living in dorms and housing nearby campuses, apartments are great for lots of newlywed couples or people starting a new life, and single homes for families that are just starting. 


Collectibles

Many childhood toys and collectibles were remembered growing up and can have a lot of value. Pokemon cards are a great example of how much a single card (Charizard base set psa 10) could get you a home. Sports cards, Pokemon, Yu-gi-oh, Magic, Legos, etc could be valuable. But keep in mind it’s whether there is a demand for them, which is why they are a little more riskier out of the rest of the investments. 


Angel Investing

Looking for the next Facebook or Amazon, well angel investing is a way for people to become an early investor. Just like collectibles, this is riskier than the rest of the options because there isn’t a guaranteed return. But there are benefits if it turns out to be a success. 


Stocks, ETF, and Mutual Funds - Stash, Fidelity, Vanguard, Robinhood

Cryptocurrency - Coinbase, Paypal, Venmo, Binance, Kraken, Blockfi, Gemini

Real Estate - Fundrise

Collectibles - Ebay, Mercari, Stockx

Angel Investing - StartEngine, Republic


Final Thoughts

Keep in mind, these investments are just some ideas for you. I’m not a financial advisor and don’t have any knowledge, just a guy writing a blog about some topics you could look into. And you don’t have to have a lot of money to be investing in those things. You could start with as little as $1. 

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