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How to Turn $500 Into a Fortune Down the Road Start investing now, and you'll thank yourself later.

By Jeff Rose Edited by Dan Bova

Opinions expressed by Entrepreneur contributors are their own.

In this video, Entrepreneur Network partner Jeff Rose explains how a 16-year-old with a lawnmowing business approached him to ask for investment tips. The teenager didn't have the sort of financial background Rose did, or even a ton of money to invest -- he only had about $500. Some people think this is not enough money even to start investing.

But, Rose states clearly that even $500 in investments can make a big difference over time. In fact, Rose says he could grow that into more than half a million dollars over time.

Click play to learn how to grow $500 into $520,000.

Related: 13 Real Ways I Make Money Online

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Jeff Rose

Certified Financial Planner, Author and Blogger

Jeff Rose is an entrepreneur disguised as a certified financial planner, author and blogger.  He's best know for his blog GoodFinancialCents.com and book, Soldier of Finance: Take Charge of Your Money and Invest in Your Future.  He's also the editor of LifeInsurancebyJeff.com. He escaped a path of financial destruction from dropping out of college with over $20,000 of credit card debt to become a self-made millionaire. His mission is help future generations achieve financial freedom by developing strong money habits and unleashing their entrepreneurial spirit.   

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

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