10 Ways to Invest and Earn Daily
When it comes to the world of investing, you’re probably looking to make money quickly or save for your future.
Sometimes within the same day.
While it can be difficult to find these investments, there are some other options if you want to make money daily.
Let’s start by defining what it means to make money every day.
To me, this means your investments will either increase in value or provide you with a cash return.
But for you, it might mean something slightly different.
Whenever investing your money, it’s important to consider the risks involved, especially for some of the more speculative investing strategies.
You’ll also want to consider the length of your investments.
It’s much more likely that you’ll make money by holding your investments for longer than one day.
In my case, I decided a long time ago to invest the little money I had left in my bank account in the best business model that exists (lead generation).
And it has been one of the (few) smart decisions of my life because even though the years go by, my earnings don’t stop growing!
Keep reading to learn various ways you can make money daily by investing!
Best Ways of Investing and Earn Money Daily
Invest in a Side Hustle, Business, or Brand
You might not think of starting a side hustle as an investment, but they certainly can be.
There are literally hundreds of side hustles that you can make money daily with, making it a perfect investment for your goals.
Not sure where to get started?
Give some of these sides hustles a try:
- Furniture Flipping
- Start a Candle Business
- Make Money Using a 3D Printer
- Start a Blog to Make Money Online
- Start a Pressure Washing Business
Starting a business or side hustle can help you make money within the day, some of which may not require your time at all.
For example, if your side hustle is blogging, you can easily profit every day from affiliate marketing and display advertising.
Whenever someone clicks on your ad or purchases through your links, you’ll receive a small commission.
Another great investment opportunity would be growing a brand online and promoting affiliate links to make money.
Invest in ETFs or Mutual Funds
The stock market can be a great way to grow your money and increase your passive income.
Index funds, or a fund that is meant to follow a broad market like the S&P 500 or Dow Jones Industrial Average, can be a great option to easily invest and keep your portfolio diversified.
While your daily returns might not be very large, they will add up over time helping you to make money daily.
While this method could be combined into the previous section, I believe it needs its own.
Dividend investing involves purchasing dividend-paying stocks and reinvesting your income to purchase more shares.
This method allows your money to grow exponentially without any work required.
There are many stocks that pay dividends, so you’ll want to do some research to find a company that has consistently paid a dividend and has a bright future.
It’s common that dividend-paying stocks will pay out their profits to investors once per quarter.
However, this is not always true.
This can increase the rate your money will grow and is an awesome investment strategy
High Yield Savings Account
In the past few years, high yield savings accounts have become mainstream as people look to grow their money faster than traditional savings accounts.
These accounts are commonly online but pay as much as 25 times a traditional savings account.
While the interest rates are still somewhat low, they are also extremely safe investments for your money.
You can find accounts that compound monthly or even daily to maximize your returns.
Invest in Peer to Peer Lending for a Daily Profit
Peer to peer lending is an easy way for individuals to lend money to others for an agreed-upon amount of interest and maturity date.
The length of the loan can be just about any amount and sometimes as little as one day.
While your returns might be minimal, it’s a great way to make money passively.
There are many different peer to peer lending options available.
Some of the most popular are listed below:
Invest and Make Money with a Money Market Account
Similar to a high yield savings account, a money market account can be an excellent way to make money daily from your investment.
A money market account allows you to invest with relatively low risk but the returns can be subpar.
The main difference between a money market account and a high yield savings account or CD is that you are typically able to write checks from your account.
It’s extremely simple to open an account and get started making money daily.
Invest in Bonds
Bonds are traditional investments with a fixed interest rate and maturity date.
There are several types of bonds including:
- Savings Bonds
- Treasury Bonds
- Corporate Bonds
- Government Bonds
Bonds can be a great method to invest and make money daily although the returns can be minimal.
If you choose to invest in bonds, you can sleep at night knowing your money is in a safe place making it a great way to invest.
Cryptocurrency to Make Money
Warning: Trading cryptocurrency can be extremely speculative and is by no means guaranteed to make you money.
With that said, cryptocurrency has gained popularity over recent years and its value has increased significantly.
Some cryptocurrency owners have made tens of millions of dollars investing in cryptocurrency over the years.
It’s common for the value of cryptocurrencies to swing massively from day to day, giving you the chance to profit on uncertainty.
You should expect swings of anywhere from 2-10% daily for your portfolio.
Micro Investing Apps to Make a Daily Profit
Looking for an easy way to invest money automatically?
Luckily there are several apps available that will automatically round-up change for every dollar spent using a credit or debit card and invest that money for you.
While it may seem trivial, the amount you can save and invest can add up significantly over the course of the year.
The money that is saved and invested is typically allocated to different index funds and stocks that provide a safe investment for your money.
Some of my favorite micro-investing apps include:
Lead generation is the best online model you’re gonna find out there.
It’s basically the future.
You may not get a daily profit right from the start, but if you learn how to set up an online billboard…
Then you’re gonna make money 24/7 even if you’re not actively working.
Oftentimes when I try to discuss online billboards with marketers they freak out, quickly change the subject or ignore me completely.
Some reckon it’s in the too-hard basket.
Some reckon it will make their job redundant – ie. “If a piece of software can do my job for me then what other use do I have?”.
Some reckon it’s just a marketing buzz word.
Let me tell you what an online billboard is, it’s just an automation, it takes what was hard before (“work”) and makes it easier.
Like most automation in life, it puts the time-consuming, mundane, repetitive, or operational tasks on autopilot to increase your capacity.
And it ends up being your money-making machine!
Online billboards can help you automate some or all of your key processes when generating leads, letting you focus on what you do best.
Click here and let me know what you think of it.
Hope to read your success stories in the comment section!