6 Ways to Invest $10,000 in 2023! Enjoy.
Invest with Fundrise:
Thanks to Fundrise for sponsoring a portion of this video (#paidtestimonial)
WATCH NEXT:
3 Fund Portfolio Video:
How to Pick Stocks Video:
🖌 Links:
▶️ Join the Patreon Community ➭
🐪 Hump Days Newsletter ➭
🗞 Follow My Twitter ➭
👾 Personal Finance Discord ➭
Timestamps:
0:00 – Start Here
1:32 – Pay Off Debt
3:02 – Retirement Accounts (IRA, Roth IRA, 401k)
7:36 – Index Funds
10:24 – Real Estate
11:36 – Fundrise
13:00 – Start A Business
15:33 – Individual Stocks
🖌 Free Stocks:
► WeBull (Get 6-12 Free Stocks worth up to $30,600 when you deposit $100) ➭
► Public ($10 Free Stock) Investing App ➭
► Robinhood (Free Stock Valued Up To $250) ➭
📲 FOLLOW ME & FRIENDS:
Follow Rickie (Editor):
Instagram:
Tik Tok:
📧 GET IN TOUCH: I’d love to hear from you! If you have a longer question, or if you have a business related inquiry, please then send me an email at humphreytalks@gmail.com. I try my best to reply to all e-mail but sometimes I do not have enough time to respond to everyone.
PS: I am not a Financial Advisor, any investment commentary are my opinions only. Some of the links in this description are affiliate links that I do receive a commission for & they help support the channel…(read more)
LEARN MORE ABOUT: IRA Accounts
TRANSFER IRA TO GOLD: Gold IRA Account
TRANSFER IRA TO SILVER: Silver IRA Account
REVEALED: Best Gold Backed IRA
If you’re thinking of investing $10,000 in 2023, it’s important to consider your options carefully. Investing your money wisely can offer you a chance to earn significant profits in the long run, so it’s essential to weigh your options carefully.
Here are six ways to invest $10,000 in 2023:
1. Invest in Exchange-Traded Funds (ETFs)
ETFs are a great way to invest in a diverse range of assets, including stocks, bonds, and commodities. ETFs allow you to benefit from the performance of a specific segment of the market without having to purchase individual stocks or bonds, reducing the risks associated with investing in individual securities.
2. Invest in Real Estate
Real estate has long been a reliable investment option, allowing you to earn profits over the long term. You can buy and manage your own property or invest in a real estate investment trust (REIT), which allows you to invest in a broad range of properties, such as commercial properties or apartment buildings.
3. Invest in Individual Stocks
Investing in individual stocks can be profitable, but it requires a lot of research and attention to market trends. It’s crucial to choose stocks based on your financial goals, risk tolerance, and the performance of specific companies. You may also want to consider hiring a financial advisor to help you manage your investments.
4. Invest in Cryptocurrency
Cryptocurrency has become a popular investment option in recent years. While the market can be volatile, investing in cryptocurrency can offer substantial returns if you can spot the right opportunities. However, it’s important to approach cryptocurrency investment with caution, as the value of cryptocurrencies can fluctuate significantly.
5. Invest in Bonds
Investing in bonds can be an excellent low-risk investment option. Bonds help you earn a predictable income, and they’re considered a safe asset that helps to protect your portfolio against market fluctuations. You can buy US treasury bonds, corporate bonds, or municipal bonds.
6. Invest in a Retirement Plan
Finally, investing in a retirement plan such as a 401(k) or Individual retirement account (IRA) can help you save money for your future. Retirement plans offer tax benefits and long-term growth opportunities, ensuring that you have enough money to cover your expenses during retirement.
In conclusion, investing your $10,000 wisely can lead to significant returns over the long term. Consider consulting with a financial advisor to help you identify the best investment options for your financial goals and risk tolerance. With careful research and consistent efforts, you can achieve success in your investment journey.
You left out I-Bonds, they keep up with the rate of inflation which is pretty high right now. I bought 10,000 of I-Bonds in 2022 and the ROI started out at 9.62 %
The question what happens when the interest rate increases over time, "what you locked in your inversion will change? or is it going to stay at the rate you locked?
What about casino ? Put everything on RED ! You double it in 10 secondes… can’t find anything quicker and “legal” than that 😛
Play it smart Robert L.
with roth IRA, you only don’t pay taxes on the contributions. you pay taxes on the profit at whatever the rate is when you withdraw. so don’t say you’re not paying any taxes on it.
I’ve heard hookers were good investments
what if i go into debt and pay it off like 50 times a day?
I've been wanting to start a "print on demand" business and plan to start it here soon. Seeing that you did the same and found so much success is my sign to GO! Love your content!
What about a dispensary owner
Great video.. which camera are you using ?
Taking the first step is the hardest, but 7 house later living off passive income since June 6, 2016. You’ve got to start taking steps to achieve your goal.
Thank you. Just what I needed to watch. My hubby and I are directors of our farm business and own property, plus small pensions. I am nearly 52, hubby is 55. We have started to save to retire from the farm, and possibly live on rental income, I'd really appreciate you go LIVE and talk about how to earn passive income online and retire comfortably, let’s say $1M.
Do I need to use my companies 401k? They use Fidelity, but I heard that 3 fund portfolio is best on M1 or Vangard. Can I ask my company to put money into those instead?
I earn €4,300 every 48 hours with my seed Investment of €1000 on day trading
Nice video here, With the way the market is moving, we'll mostly hold for longer than 2030 to realize profit gain, I think a video on "How to profit from the present market" will be more effective, I mean I've heard of people making upto $350K within few months and I'd like to know how.
Advice. If you are hoping to buy stocks, wait until early March to mid March to load as people dump for tax and options expiration. Made decent change following the trend.
The markets are off to a rocking start this year, making this a bizzare time to be an investor. Bizarre primarily because stocks are logging gains (TESLA UP 44% YTD), and yet the view from corporate America could not be more different than what the stock market is saying right now. apparently there are strategies to 10x gains in this present market cos I read of someone that pulled a profit of $550k within 2months, and I need ideas on how to achieve similar profits.
Nice video very engaging from the beginning to the end. Nevertheless putting our time and effort in activities and investments that will yield a profitable return is what we should be aiming for.
Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I’ve been trying to grow my portfolio of $260K for sometime now, my major challenge is not knowing the best entry and exit strategies… I would greatly appreciate any suggestions.
This man is the financial Potato Jet.