Daniel Inskeep | How to Invest Your First $1,000 @DanielInskeep | Uploaded January 2021 | Updated October 2024, 1 hour ago.
👉 Brokerage for buying stocks: bit.ly/antiguruwebull
👉 Brokerage for buying funds: https://m1.finance/kVw5phu7wFFW
In this video, I show you some actual returns I’ve made off investments to give you some insight into what you may be able to expect when investing yourself.
My video on finding support and resistance zones: youtu.be/dxCeLgkg-9A
1. Growth ETF
If you want to invest in the stock market, but don’t really want to pick individual stocks or really worry about managing your portfolio on a regular basis, you may want to consider putting $1,000 into an ETF. ETFs are Exchange Traded funds and they are essentially a collection of different investments. They are bought and sold during the day like stocks can help you diversify your portfolio or focus some investments on different industries.
2. Fundrise
If you haven’t heard of Fundrise before, it’s essentially a REIT – a Real Estate Investment Trust, but unlike most others, this one is not traded. Fundrise invests in and owns a diversified real estate portfolio and allows the average person to invest in it. Personally, I love real estate, but what can I do with just $1,000? Well, I decided to give Fundrise a shot. In November of 2019, I put $1,000 into a Fundrise account to see what kind of returns I could actually get.
3. Individual Stocks
If you want to be a little bit more involved with the contents of your portfolio, you can always just opt to buy individual shares of companies you like. For instance, I first opened a Robinhood account in July of 2019 and my first purchase was four shares of Tesla for $228.97 for a total of $915.88. Tech stocks were on fire in 2020, with other tickers like AMD and AAPL gaining over 70%.
4. Bonds
Bonds are definitely not the most exciting way to invest $1,000, but they can be a pretty safe investment. I have an account on a site called Betterment and in 2016 I deposited $200 into an invested savings account consisting of 85% bonds and 15% stocks. About half of this portfolio are US Treasury bonds, which are a form of a government debt security, which makes it virtually risk-free since it’s backed by the US government. Since it is a safer investment, that means the returns are more modest as well.
5. Crypto
If you don’t want to stick with boring old stocks and bonds or ETFs and you’re more interested in something like crypto. You’ve probably heard about bitcoin hitting all-time highs in 2020. It’s currently sitting at over $31,000. If you invested $1,000 into bitcoin at beginning of 2020, you’d have over $4,000 a year later for a 400% return. Of course, the question is can it maintain this kind of growth and since it is a newer, unregulated type of investment, there is inherently more risk that goes along with it.
6. Yourself
This one’s a little different than the other 5, but perhaps you don’t want passive investments and would rather invest that money in yourself – whether it’s starting a side business or investing in your education. With $1,000, you could start a computer or smartphone repair business, a cleaning business, a photography business, or do website design, tutoring, or even start a Youtube channel. Use the money to buy any equipment you need and start marketing. Or you could take online classes, buy software, whatever you need to do to expand your skillset to help you get a pay raise or qualify for better-paying jobs.
If you want to support my channel, check out the following:
➦ Get 2 FREE stocks when you signup for Webull and deposit $100: bit.ly/antiguruwebull
➦Open a Roth IRA: https://m1.finance/kVw5phu7wFFW
➦ Automatically Save w/ Acorns: bit.ly/antiguru-acorns
➦ Tubebuddy for YouTube: tubebuddy.com/antiguru
➦ My microphone: amzn.to/2FN5ixf
➦ This mic activator (for better sound): amzn.to/2FCUli7
➦ Vlogging camera: amzn.to/2Ha3ejN
➦ My huge wall calendar: amzn.to/3hEiZvU
I use all of the above services/products, so they are genuine recommendations. They are also affiliate links which means I get paid a small amount (at no cost to you) if you sign up / buy with those links.
Check out my music on Spotify:
➦ spoti.fi/2WTkXSv
Put my music in your videos:
➦ geni.us/mangostreetmusic
My website:
â—‰ danielinskeep.com
My main channel on photography:
â—‰ youtube.com/mangostreet
My wife's fitness channel:
â—‰ youtube.com/rachelgulottafitness
0:00 Intro
0:49 Growth ETFs
2:34 Fundrise
4:00 Individual Stocks
6:03 Bonds
6:53 Cryptocurrency
7:32 Yourself
8:06 Final Thoughts
#investing #personalfinance
👉 Brokerage for buying stocks: bit.ly/antiguruwebull
👉 Brokerage for buying funds: https://m1.finance/kVw5phu7wFFW
In this video, I show you some actual returns I’ve made off investments to give you some insight into what you may be able to expect when investing yourself.
My video on finding support and resistance zones: youtu.be/dxCeLgkg-9A
1. Growth ETF
If you want to invest in the stock market, but don’t really want to pick individual stocks or really worry about managing your portfolio on a regular basis, you may want to consider putting $1,000 into an ETF. ETFs are Exchange Traded funds and they are essentially a collection of different investments. They are bought and sold during the day like stocks can help you diversify your portfolio or focus some investments on different industries.
2. Fundrise
If you haven’t heard of Fundrise before, it’s essentially a REIT – a Real Estate Investment Trust, but unlike most others, this one is not traded. Fundrise invests in and owns a diversified real estate portfolio and allows the average person to invest in it. Personally, I love real estate, but what can I do with just $1,000? Well, I decided to give Fundrise a shot. In November of 2019, I put $1,000 into a Fundrise account to see what kind of returns I could actually get.
3. Individual Stocks
If you want to be a little bit more involved with the contents of your portfolio, you can always just opt to buy individual shares of companies you like. For instance, I first opened a Robinhood account in July of 2019 and my first purchase was four shares of Tesla for $228.97 for a total of $915.88. Tech stocks were on fire in 2020, with other tickers like AMD and AAPL gaining over 70%.
4. Bonds
Bonds are definitely not the most exciting way to invest $1,000, but they can be a pretty safe investment. I have an account on a site called Betterment and in 2016 I deposited $200 into an invested savings account consisting of 85% bonds and 15% stocks. About half of this portfolio are US Treasury bonds, which are a form of a government debt security, which makes it virtually risk-free since it’s backed by the US government. Since it is a safer investment, that means the returns are more modest as well.
5. Crypto
If you don’t want to stick with boring old stocks and bonds or ETFs and you’re more interested in something like crypto. You’ve probably heard about bitcoin hitting all-time highs in 2020. It’s currently sitting at over $31,000. If you invested $1,000 into bitcoin at beginning of 2020, you’d have over $4,000 a year later for a 400% return. Of course, the question is can it maintain this kind of growth and since it is a newer, unregulated type of investment, there is inherently more risk that goes along with it.
6. Yourself
This one’s a little different than the other 5, but perhaps you don’t want passive investments and would rather invest that money in yourself – whether it’s starting a side business or investing in your education. With $1,000, you could start a computer or smartphone repair business, a cleaning business, a photography business, or do website design, tutoring, or even start a Youtube channel. Use the money to buy any equipment you need and start marketing. Or you could take online classes, buy software, whatever you need to do to expand your skillset to help you get a pay raise or qualify for better-paying jobs.
If you want to support my channel, check out the following:
➦ Get 2 FREE stocks when you signup for Webull and deposit $100: bit.ly/antiguruwebull
➦Open a Roth IRA: https://m1.finance/kVw5phu7wFFW
➦ Automatically Save w/ Acorns: bit.ly/antiguru-acorns
➦ Tubebuddy for YouTube: tubebuddy.com/antiguru
➦ My microphone: amzn.to/2FN5ixf
➦ This mic activator (for better sound): amzn.to/2FCUli7
➦ Vlogging camera: amzn.to/2Ha3ejN
➦ My huge wall calendar: amzn.to/3hEiZvU
I use all of the above services/products, so they are genuine recommendations. They are also affiliate links which means I get paid a small amount (at no cost to you) if you sign up / buy with those links.
Check out my music on Spotify:
➦ spoti.fi/2WTkXSv
Put my music in your videos:
➦ geni.us/mangostreetmusic
My website:
â—‰ danielinskeep.com
My main channel on photography:
â—‰ youtube.com/mangostreet
My wife's fitness channel:
â—‰ youtube.com/rachelgulottafitness
0:00 Intro
0:49 Growth ETFs
2:34 Fundrise
4:00 Individual Stocks
6:03 Bonds
6:53 Cryptocurrency
7:32 Yourself
8:06 Final Thoughts
#investing #personalfinance
