Market Briefs Newsletter

Subscribe to our FREE finance & business newsletter to get financial news you can finally use.

Thanks for signing up to Market Briefs! Please check your email to confirm your subscription. If you don't see the email in an hour, check your spam and promotions folder. 

Be sure to read our Privacy Policy & Terms of Use.

  • Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Minority Mindset

Minority Mindset

Defy all odds.

  • Home
  • About
  • Blog
    • WEALTH
    • REAL ESTATE
    • STOCKS
    • SAVINGS
  • PRODUCTS
  • MONEY 101
  • GUAC TALK
Advertiser Disclosure

Our promise to you.

Minority Mindset, LLC is an independent, advertising-supported publisher. We are not an investment advisor. Always do your own due diligence and never blindly listen to a random article on the internet. We do our best to provide financial education with our free videos, articles, tools, and other self-help content. But these are for informational purposes only, they’re not investment advice.

Minority Mindset does not and cannot guarantee the accuracy or applicability of any information regarding your individual circumstances. The examples we provide are hypothetical and we encourage you to get advice from a qualified professional regarding specific investment, tax, legal, and financial issues. Previous market performance does not guarantee future performance.

We want everyone to be able to make educated financial decisions. We do not feature every company or financial product available. However, we’re proud of the financial education and guidance that we provide at no charge.

We’re paid by our brand partners and advertisers. This may influence which products we mention, review, and where they appear on our site. But it does not affect our recommendations or advice.

See more from Investing

4 Ways To Invest With $500 Or Less

February 16, 2018 by Minority Mindset Team

minority mindset logo
Minority Mindset Team February 16, 2018

how to start investing

Disclaimer

We only endorse products that we truly believe in. Some of the links below may earn us some extra guac at no additional cost to you. Please pass the chips & thank you for feeding our habit.

The Minority Mindset earns commission from Fundrise via the partner links below. All opinions are the author's.

Are you waiting to invest because you think you need a big chunk of money to get started? Well, the wait is over!

The four ways to invest with $500 or less are: Real estate, fractional shares, cryptocurrency, and education. Of course, you're never guaranteed to make money when you invest, but there are always options no matter how much money you have!

With that said, which option is best for you? Let's explore the four ways that you can start investing today for $500 or less.

PlatformPromotionsLink
Get a cash bonus of $30-$500 Sign Up
Get one free stock priced up to $225 Sign Up
Get up to $1,000 after funding a new accountSign Up
Get a free slice of stock worth up to $300Sign Up

1. Invest In Fractional Shares

The wonderful thing about investing is that over time, small amounts of money can grow into big piles of money. That's the idea behind Acorns.

Every time you make a purchase, Acorns will round up the transaction to the nearest dollar, deduct that amount from your checking account and invest the change for you.

So, if you buy a coffee for $2.17, Acorns will round up the amount to $3 and invest $0.83. That’s a lot better than losing your spare change in your car’s cup holder – right?

Because Acorns shares the Minority Mindset, they are offering you $5 to get started!

And the best part? You don’t need any investing experience. Acorns invests your change in ETFs for you – just tell Acorns if you want them to be conservative or aggressive with your investments.

Whether you’re struggling to save or growing your nest egg – this is an automated way to get started for just $1 a month.

Start Investing In Stocks With M1 Finance

2. Invest In Real Estate

You’ve probably heard that wealthy people keep their money in real estate. Well, if you thought you had to be a high rolling, accredited investor to invest in real estate, Fundrise would like a word.

Now, you can invest in real estate deals across the United States for as little as $500. Seriously.

Fundrise is crowdfunding for real estate investing. They do the work to find and acquire real estate deals, and then you can invest directly into a portfolio of real estate investments instead of buying a whole property.

You’re paid your portion of rental income, interest, and appreciation profits without doing any of the work. And they’ve been outperforming many traditional investments.

You can see Fundrise’s past returns here.

So if you’ve been wanting to invest in real estate but don’t have access to a ton of capital – this is a simple way to start.

Make sure you read up on how to buy your first rental property beforehand so you know what you're getting into.

Start Investing In Real Estate With Fundrise

3. Invest In Cryptocurrency

If you are even a casual news watcher, you've seen the dramatic highs and lows of the cryptocurrency Bitcoin. When Bitcoin was founded in 2009, it was worth nearly $0 and we saw it rise 1300% in 2017 alone.

Although numbers are mouthwatering – remember that cryptocurrencies like Bitcoin were intended to be used as a currency, not as a speculative investment.

That's not to say you can’t make money. But if you are considering wading into cryptocurrencies, understand the risks.

So how do you do it? You need to use a cryptocurrency exchange.

Featured Partners

$0 Fees | $100 Minimum

Invest Here

$0 Fees | $0 Minimum

Invest Here

$0 Fees | $1 Minimum

Invest Here

4. Invest In Yourself With Education

There is only one investment that always pays off, and that's investing in your mind.

Whether you want to learn more about personal finance, how to start a business, what started World War II or how to be more productive, there is a book for that.

Don’t have the time to sit down and read? We feel you. Audible has a solution for that.

Audible is like the Netflix of audiobooks. You can download and listen to pretty much any book you can think of from your phone so you can turn your down time into growth time.

And right now, Audible has a promotion where you can download your first audiobook for free.

Start Learning With Audible

More Ways To Invest in Real Estate Online

We already mentioned Fundrise, one of the hottest ways to get in on the real estate boom today if you don't have the purchasing power to buy a real plot of land.

But if you're wondering how to invest $500 or some other amount that isn't nearly enough to buy you a home, there are other cheap real estate investments that can help you turn that $500 into something more. 

While the best way to invest in real estate is to have the capital to make the investment firsthand, these out-of-the-box ideas can get you in the real estate game while you continue to save up for the big leagues.

That's because you'll need thousands or hundreds of thousands of dollars to even get started in traditional real estate investing, and if you only have a few hundred dollars in your bank account, that's a problem. 

Or, at least, it used to be a problem.

Invest In Real Estate Online On eBay

You may be more familiar with eBay as the place to buy and sell used and new consumer goods such as electronics, clothes, collectibles and more.

But that “more” is a pretty big more. Believe it or not, you can actually buy land on eBay for pennies on the dollar.

It's not going to be land in the middle of Manhattan or anything like that, but you can find real land for sale on the platform that may be worth a small fortune someday.

After all, that piece of land may not be worth much today, but if a large company someday wants to build a new superstore atop it, you'll be able to get a lot more out of that parcel than you paid for it way back when on eBay.

To get started, search for terms like “vacant commercial lot” or “vacant residential lot” to track down that next great real estate investment.

Invest in Real Estate Online – Virtually

While we wouldn't fault you if you haven't heard of it, Second Life is a virtual world and computer game that duplicates our real world existence.

In fact, you can have a virtual family and a virtual home, as well as buy virtual goods on the platform.

But by taking real money and leveraging it in the game, you can get an outsized benefit by investing in real estate online, literally.

For Ailin Graef, she turned her Second Life into a real money-making job, flipping real estate on the platform and making a million real dollars doing it.

Basically, she'd take real money and buy virtual property, which she could then monetize by renting it out or selling it at a future date. If you're wondering how to invest $500, virtual real estate isn't a bad idea.

P.S. Did you know that Steve Siebold interviewed 1,200 millionaires and discovered that all of them self-educated by reading?

Invest With $500 Or Less – Final Thoughts

There is a Chinese proverb that says “The best time to plant a tree was 20 years ago. The second best time is now.”

If you want to start investing, then you have to get started.

If you're waiting to invest until you have some arbitrary dollar amount set aside, you’re losing time which is one of the most powerful factors in wealth building.

So stop waiting, take that $500 today and let it be the first investment in your future.

PlatformMinimum InvestmentLink
$10Sign Up
$1,000Sign Up
$5,000Sign Up
$25,000Sign Up
minority mindset logo

Written by Minority Mindset Team.

The Minority Mindset has nothing to do with the way you look, your ethnicity, or your skin color. It’s a mindset. #RethinkRich

Primary Sidebar

Advertiser Disclosure

Our promise to you.

Minority Mindset, LLC is an independent, advertising-supported publisher. We are not an investment advisor. Always do your own due diligence and never blindly listen to a random article on the internet. We do our best to provide financial education with our free videos, articles, tools, and other self-help content. But these are for informational purposes only, they’re not investment advice.

Minority Mindset does not and cannot guarantee the accuracy or applicability of any information regarding your individual circumstances. The examples we provide are hypothetical and we encourage you to get advice from a qualified professional regarding specific investment, tax, legal, and financial issues. Previous market performance does not guarantee future performance.

We want everyone to be able to make educated financial decisions. We do not feature every company or financial product available. However, we’re proud of the financial education and guidance that we provide at no charge.

We’re paid by our brand partners and advertisers. This may influence which products we mention, review, and where they appear on our site. But it does not affect our recommendations or advice.

More From Investing

  • Robinhood Scandal - Should You Still Use Robinhood?
  • Making The Most Of Investing In A Bear Market
  • Best Investment Accounts For Young Investors
  • 9 Questions To Ask Before You Buy Cryptocurrency

Get Your FREE Guide To The Stock Market

& our daily newsletter

Thanks for signing up for our financial education emails! Check your email to confirm your subscription. If you don't see the email in an hour, check your spam and promotions folder.

Be sure to read our Privacy Policy & Terms of Use.

Featured Investing Posts

Robinhood Scandal

Robinhood Scandal - Should You Still Use Robinhood?

Investing Bear market

Making The Most Of Investing In A Bear Market

best investment accounts for young investors

Best Investment Accounts For Young Investors

Top Questions To Ask Before You Buy Cryptocurrency

9 Questions To Ask Before You Buy Cryptocurrency

The Latest On Investing

REITs VS Real Estate Mutual Funds

REITs VS Real Estate Mutual Funds - Which Is Better?

Stock Market Investing Accounts

Best Stock Market Investing Accounts For 2022

Kraken Crypto Review 2022 - Why You Should Use Kraken

Binance Review

Binance.US Review 2022: A Trusted, Beginner-Friendly Option?

M1 Finance Review

The Ultimate M1 Finance Review - Great For Experienced Investors

RealtyMogul Review

RealtyMogul Review (2022) - How It Works, Fees And More

Robinhood Review

Robinhood Review - How To Use Robinhood In 2022

The Ultimate Fundrise Review 2022

How To Invest In Bitcoin with $100

How To Invest $100 In Bitcoin Today

Webull Alternatives

Webull Alternatives To Consider - Top Investing Apps In 2022

Footer

Keep Hustlin’

Company

  • About Us
  • Store

Help

  • Contact Us
  • Advertise
  • YouTube

Legal

  • Privacy Policy
  • GDPR Opt-Out
  • Comment Policy
  • Terms of Use

Follow us on:

Disclaimer: The information on this site is of a general nature only. It does not take your specific needs or circumstances into consideration. You should look at your own personal situation and requirements, and seek independent professional advice, before making any financial decisions. Our content is provided for informational purposes only, and no content that is provided or included in our products or services is intended for trading or investing purposes. We will not be liable for the accuracy, usefulness, or availability of any information transmitted and/or made available by way of our products or services, and shall not be responsible or liable for any trading and/or investment decisions made by you based on any such information. For a further understanding of this Disclaimer and use of our site, please see the information contained in our Terms of Use and Advertising Disclaimer.

Minority Mindset may earn a portion of sales from products that are purchased or recommended through our site as part of our Affiliate Partnership with retailers and brands.

Minority Mindset has partnered with CardRatings for our coverage of credit card products. Minority Mindset and CardRatings may receive a commission from card issuers.

© 2023 Minority Mindset, LLC. All Rights Reserved.
Website managed by Stallion Cognitive™