Got $500? Here Are the Smartest Ways to Invest It.
Grow Your Business, Not Your Inbox
The prospects to invest your money are myriad. But, if you are able to find a place that fits your needs, you can start investing immediately. To narrow down where to invest your money, Rose has a few recommendations. If you have never traded stock before, mutual funds and ETFs will make the most sense for you. These funds help you find diversified investment options and do not force you to pick individual stocks.
Some of these options include online brokers, such as Ally Invest and E-Trade, which both give you a wide array of stock options. Other tools include robo-advisors Betterment and Wealthfront, which differentiate themselves by choosing your investments for you.
Aside from these, Rose also recommends looking into other options, including pursuing an online business and real estate. As evidence of hard work in these areas, Rose started his own blog (which eventually earned him income) by sharing information he was trained in, financial planning.
To hear more investing tips from Rose, click on the video above.
Related: 11 Tips to Get to Your Happiest Self
Entrepreneur Network is a premium video network providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.
EN is partnered with hundreds of top YouTube channels in the business vertical. Watch video from our network partners on demand on Roku, Apple TV and the Entrepreneur App available on iOS and Android devices.
Click here to become a part of this growing video network.