I Have $1,000 to Invest, Is This Enough?
A lot of people who find themselves asking the question, "I have $1,000 to invest, is it enough?", are dealing with an everyday issue of the world of money and business, that being the idea that one can never have enough or one will never be satisfied with the amount of money they have.
You can have a billion dollars in your account -- if someone came along and offered you $20, which comes with a signed contract stating that this $20 comes with absolutely no strings attached, you would most probably take it.
Why not? This is a perfect example of the notion that one can never have enough, but one will always take the opportunity to make more money, no matter how much they have.
That's just the way human nature is and in some odd way it is a programmed state of being that has us inadvertently planning for the future.
You never know what might happen in the future, so your mind automatically plans for it, even though you might not be aware of that.
Your issue, right now though, is that you have $1,000 and you want to know if this is enough to invest.
The answer to that is that as long as you have some sort of income, you should try and live below your means so as to create an excess.
If you get a regular income, by way of salary or investment you made, an excess will present itself in the form of a regular amount of extra money that you can use for anything, preferably investing.
So, even if you have a single dollar as your monthly excess, that solitary dollar should and can go into investments, making more money for you.
Obviously the more excess you have to work with the higher returns you will get but, the bottom line is if you can invest with a single dollar then why on earth can't you invest with $1,000? But what exactly can you invest in with $1,000? There are a lot of things you can invest in if you have $1,000, some more practical than others, some more exciting than others, some safer than others and some more passive that others.
Buying 10,000 lemons to squeeze 1,000 liters of lemon juice, to be made into lemonade will be profitable if you have a good spot to put your new lemonade stand on, and you charge $1 per 200ml glass.
Doing the same thing as above, but this time paying someone else to man the stand for you and sharing the profits with them at 80/20 (80% to you), is much more practical however, because in that way no more of your energy needs to be dispelled in the process.
The point is, although there are so many different ways to invest your $1,000, the best way to go about it is to put it into a structure that does not involve you having to invest any of your own labor intensive energy.
You are going passive and thus creating cash flow from doing nothing, essentially.
You can have a billion dollars in your account -- if someone came along and offered you $20, which comes with a signed contract stating that this $20 comes with absolutely no strings attached, you would most probably take it.
Why not? This is a perfect example of the notion that one can never have enough, but one will always take the opportunity to make more money, no matter how much they have.
That's just the way human nature is and in some odd way it is a programmed state of being that has us inadvertently planning for the future.
You never know what might happen in the future, so your mind automatically plans for it, even though you might not be aware of that.
Your issue, right now though, is that you have $1,000 and you want to know if this is enough to invest.
The answer to that is that as long as you have some sort of income, you should try and live below your means so as to create an excess.
If you get a regular income, by way of salary or investment you made, an excess will present itself in the form of a regular amount of extra money that you can use for anything, preferably investing.
So, even if you have a single dollar as your monthly excess, that solitary dollar should and can go into investments, making more money for you.
Obviously the more excess you have to work with the higher returns you will get but, the bottom line is if you can invest with a single dollar then why on earth can't you invest with $1,000? But what exactly can you invest in with $1,000? There are a lot of things you can invest in if you have $1,000, some more practical than others, some more exciting than others, some safer than others and some more passive that others.
Buying 10,000 lemons to squeeze 1,000 liters of lemon juice, to be made into lemonade will be profitable if you have a good spot to put your new lemonade stand on, and you charge $1 per 200ml glass.
Doing the same thing as above, but this time paying someone else to man the stand for you and sharing the profits with them at 80/20 (80% to you), is much more practical however, because in that way no more of your energy needs to be dispelled in the process.
The point is, although there are so many different ways to invest your $1,000, the best way to go about it is to put it into a structure that does not involve you having to invest any of your own labor intensive energy.
You are going passive and thus creating cash flow from doing nothing, essentially.
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