Hi, I’m new here. I was wondering what the best strategies are to start with a small amount of money ($100) and work my way up to make a lot of money.
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Consider spending $100 on books, classes, or workshops that will help you improve your skills and expertise. Investing in yourself can provide enormous long-term returns.
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Having a YouTube channel and making passive income from videos
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I recommend diversification. Instead of putting all $100 into a single investment, consider spreading it across different assets or asset classes.
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Look into the future. Invest with a long-term perspective to benefit from the power of compounding returns. Avoid the temptation to chase short-term gains or make risky bets.
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I advice that you invest the money in businesses that do not require a lot of starting capital. Given your limited starting capital, focus on investments with low fees and minimal transaction costs.
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