That’s why we’ve put together this guide on how to invest and make money daily.
Here, we’ll walk you through the basics of each type of investment and show you how to start making passive income!
With various options ranging from real estate and startups to consumer debt, art, and cryptocurrencies, there are numerous ways to maximize your returns and have a steady stream of passive income.
Besides investing in the stock market, a high-yield savings account, and mutual funds, there are now even more accessible ways to invest and make money fast, and many can be done right from your cell phone.
From investing apps to small business ideas, there are plenty of ways to start making money daily. Let’s get started!
Table of Contents
Quick Picks
Before we get into the nitty-gritty of investment strategies and teach you how to invest and make money daily, here are a few of my favorite investment platforms you can join to invest.
I find these are the most straightforward to invest and make money with, and the apps are user-friendly:
Easiest To Start: Acorns
Biggest Return: Fundrise
Fastest Return: Robinhood
Key Takeaways
Investing in real estate, startups, consumer debt, and art can be very profitable if done correctly.
Real estate investments can offer good returns but require a larger initial investment, whereas investing in art may offer better returns with smaller investments.
Additionally, investing in cryptocurrencies is another way to potentially get high returns with minimum amounts.
DIY platforms offer complete control over your investments. However, you need to be willing to take risks and invest time and money to succeed.
On the other hand, Robo-advisors are an excellent option for those who don’t have the time to manage their investments every day and need a little guidance.
It’s important to do your own research to maximize your returns. Investing wisely is key to success in making money every day.
How To Invest And Make Money Daily
Making money is one of the most important things in life. It allows you to live a comfortable life, achieve financial freedom, and retire early.
But making money from stocks and other investments means less work while still earning money.
With this guide, we’ll walk you through how to get started investing and make money daily with passive income.
Small Business Ideas
Starting a small business is one of the best ways how to invest and make money daily. You don’t need a lot of experience or special knowledge to get started.
All you need is an idea and some hard work!
There are plenty of options for small businesses, from blogging to starting an Etsy Printables shop. All you need to do to get started is decide which type of business you want to pursue and develop a plan.
We have plenty of ideas for low-cost businesses but think of your own talents and interests, and you may have a money-making idea close to home already!
Once you have that in place, all you need to do is execute your plan and start making money.
Stock & ETF Investing
Stock and Exchange-Traded Funds (ETF) investing are great ways to make money daily.
With stock investing, you can buy individual stocks and benefit from the price movements of those stocks. ETFs allow you to invest in a basket of different stocks with just one purchase.
Both types of investments offer the potential for long-term growth, as well as the potential for short-term profits.
The nice thing is that you don’t need to be a professional for stock and ETF investing. Apps make buying and selling stocks easy without being an investment banker or guru.
The right app and a wise investment strategy can put you on the right track to better ROIs.
There are even new micro-investing apps that round up purchases from your credit card or bank account and invest the extra change for you.
Retirement Investing
Retirement investing is a great way to make money daily and secure your financial future through mutual funds.
Investing for retirement allows you to take advantage of the long-term growth potential of the stock market and grow your wealth over time.
You can choose from various funds and stocks to invest in, depending on your risk appetite. The most popular ways to invest for retirement are through 401(k) plans or individual retirement accounts (IRAs).
And you don’t have to worry about managing your investments every day as these types of accounts are generally managed by an investment company or financial advisor.
Real Estate Investing
Investing in real estate is another way to make money daily. You can purchase property and rent it out for passive income or use it as a long-term investment and watch your money grow.
Through crowdfunding, you can earn money with rental income, flipping properties, or investing in real estate development projects.
Real estate investing is one of the most popular ways to make money daily and can provide a steady income stream. It’s also become a more affordable option for people who don’t have a lot of cash ready to invest.
You can purchase the property yourself or use a real estate investment trust (REIT) to invest in multiple properties or commercial real estate. Some investment platforms like Fundrise start with fractional shares as low as $10!
Thanks to the rise of real estate crowdfunding, it’s now easier than ever for people to get started with real estate investing.
Peer Lending
Peer lenders provide loans to people who may not be able to receive bank financing, and borrowers can access capital at competitive rates. As an investor, you can either become a lender or a borrower.
With peer lending, you can choose the loan term and interest rate that works best for you. This makes it a great way to invest and make money daily, as the returns are often higher than traditional investments.
For investors, peer lending can be an excellent way to make money daily, as the returns are typically higher than traditional investments.
It involves providing loans to individuals or businesses who may not qualify for traditional bank financing, and borrowers can access capital at competitive rates.
It’s also a great way to diversify your portfolio, as you can choose the loan term and interest rate that works best for you.
Small Business Ideas
Another way to make extra money daily is to start a small business. The great thing is that you don’t need a lot of capital or experience to start.
You just have to have an idea and the willingness to put in the work.
Small businesses can range from selling handmade items on Etsy, writing blog articles, starting an online business, becoming a proofreader, and more!
The benefit of owning your own business is that you can work when and where you want. You also have the potential to scale your income as your business grows.
Here are a few of our favorite small business ideas that are easy to get started with:
Proofreading
If you’re good with grammar and have an eye for detail, then proofreading could be the perfect way to make money daily.
As a proofreader, you’ll be able to set your own rates and choose the type of work you want to do. You can even set your own hours and work from the comfort of your home.
Getting started proofreading is really easy to do, and there’s even a free workshop from Proofread Anywhere that you can take to get a jump start!
Blogging
Blogging is a great way to make money daily if you know how to write compelling content and draw in an audience.
Blogging was our side hustle that turned into 6 figures a year. We monetized our writing and said goodbye to our day jobs!
You can monetize your blog with ads, sponsored posts, or even sell products or services.
Another option is to become an affiliate for another company. Affiliates earn commissions when people purchase products through the links on their blogs or social media.
The easiest way to get started blogging is with our free Start Your Blog Bootcamp.
Freelancing
If you have a skill or expertise in a certain field, then freelancing could be the perfect way to make money daily.
Freelancing can range from web design, virtual assistant work, copywriting, and more. You can set your own rates and choose which projects to take on. Freelancing also offers you the flexibility of choosing when and where you work.
You can find freelance clients on popular websites like FlexJobs.
Printables
If you’re creative, then creating and selling printables could be a great way to make money daily. Printables are digital products that people can purchase and download from your website or Etsy store.
Printables range from wall art to planners, ebooks, and more! You have the freedom to create whatever you want and sell it for a profit.
We create budgeting and organization printables and sell them on Etsy and Shopify – they bring in consistent, passive income.
Making money daily with printables is easier than ever, thanks to the free ebook Manifest Passive Income with Printables on Etsy. This comprehensive guide provides helpful tips and tricks for creating printables that will generate profit.
General Investments Apps
There are now several investment apps that allow you to make money daily. These apps use algorithms and automated trading strategies to invest in stock markets and other financial instruments.
These apps have become increasingly popular among people who don’t have the time or knowledge to manage their own investments.
They also offer lower fees than traditional investment platforms, and many don’t take commissions.
Robinhood
Investment Minimum – $0
Commissions/Membership Fees – $0
Robinhood is a stock trading app that allows users to buy and sell stocks, ETFs, and other securities. It is known for its commission-free trades and easy-to-use interface, which makes it popular with beginner investors.
The app also includes a customizable news feed, real-time market data, and educational resources to help users make informed investment decisions.
Robinhood is great if you’re just starting out in the stock market because they don’t require any minimum deposits.
This app has become popular for investors looking for an easy-to-use app to invest and make money. With Robinhood, you can invest in stocks, ETFs, IPOs, options, and cryptocurrencies all from your phone.
Acorns
Investment Minimum – $5
Commissions/Membership Fees – $3/month for a single investment account; $5/month for family account
Acorns is a personal finance and investment app that allows users to invest their spare change and make money on a daily basis.
The app works by rounding up users’ purchases with linked credit or debit cards and investing the spare change into a diversified portfolio of exchange-traded funds (ETFs).
Users can also set up automatic deposits and choose from various investment portfolios based on risk tolerance and investment goals.
One way to use the Acorns app to invest and make money daily is to link your credit or debit cards and make purchases as you normally would. The app will automatically round up your purchases and invest the spare change, allowing you to grow your investment gradually over time.
You can also set up automatic deposits to invest a fixed amount of money on a regular basis, such as weekly or monthly.
Betterment
Investment Minimum – $10
Commissions/Membership Fees – .25% account management fee
Betterment is a Robo-advisor app that provides personalized investment advice and management services.
The app uses algorithms to create and manage diversified investment portfolios for its users based on their individual financial goals and risk tolerance.
Betterment offers a variety of investment options, including taxable accounts, IRAs, and 401(k)s, as well as socially responsible investment portfolios and access to human financial advisors.
To start investing with Betterment, users simply need to answer a few questions about their financial goals and risk tolerance, and the app will create a customized portfolio for them.
Users can then deposit money into their account and start investing with as little as $10.
Betterment also offers dividend investing options for users who are interested in earning passive income from their investments.
With Betterment, users can choose to reinvest their dividends or have them paid out to their bank account, allowing them to choose the option that best fits their financial goals.
M1 Finance
Investment Minimum – $100; $500 for IRAs
Commissions/Membership Fees – 0%
M1 Finance is an online investment platform that combines traditional brokerage services with the convenience and automation of a Robo-advisor.
The app allows users to create and manage their own investment portfolios or choose from a variety of pre-designed portfolios based on their investment goals and risk tolerance.
M1 Finance offers a wide range of investment options, including stocks, ETFs, and mutual funds, as well as the ability to invest in fractional shares.
One of the key features of M1 Finance is its dividend reinvestment program, which automatically allows users to reinvest their dividends into their investment portfolios.
This can be a good option for people interested in dividend investing and who want to build their wealth through passive income.
M1 Finance also offers micro-investing options, allowing users to invest small amounts of money regularly. You can invest quickly, even if you don’t have a lot of money.
M1 Finance is a flexible and user-friendly investment platform offering various options for dividend and micro-investing.
Stash
Investment Minimum – $0; $5 for Smart Portfolio
Commissions/Membership Fees – $3/month for Growth Account; $9 for Stash+ Account
Stash is a personal finance and investment app that allows users to buy and sell stocks, ETFs, and other securities and invest in fractional shares.
The app is designed to make it easy for beginner investors to start investing and includes features such as educational resources, a customizable news feed, and real-time market data.
Stash also offers a variety of investment options, including index funds, which are a type of mutual fund or ETF that tracks a specific market index, such as the S&P 500.
Index funds are popular with investors because they offer a convenient and low-cost way to diversify their portfolios and track the broader market’s performance.
With Stash, users can invest in various index funds, including those that focus on specific sectors or regions and those that track broad market indices.
Webull
Investment Minimum – $0
Commissions/Membership Fees – $0
Webull is an investment platform that allows users to buy and sell stocks, ETFs, and other securities. The app is known for its real-time market data, a customizable news feed, and educational resources, which can help users make informed investment decisions.
In addition to its investments, Webull is known for its commission-free trades and advanced trading tools, which can be helpful for more experienced investors.
Webull also offers a range of investment options, including index funds, a type of mutual fund, or ETF that tracks a specific market index, such as the S&P 500.
Index funds are popular with investors because they offer a convenient and low-cost way to diversify their portfolios and track the broader market’s performance.
With Webull, users can invest in various index funds, including those that focus on specific sectors or regions and those that track broad market indices.
The app also offers a range of portfolio options based on users’ investment goals and risk tolerance, which can help make it easier for them to get started with index fund investing.
Real Estate Investment Apps
Real estate investment apps are becoming increasingly popular among people who want to make money and earn passive income. These apps allow you to invest in real estate without having to go through the hassle of buying and managing the property yourself.
Here are some of the best real estate investment apps that you can use to start making money today.
Fundrise
Investment Minimum – $10
Commissions/Membership Fees – 1% annual fee
Fundrise is an online investment platform that allows users to invest in real estate projects, including residential and commercial properties. The app is designed to make it easy for investors to access a diversified portfolio of real estate investments, even if they don’t have a lot of money to put into the market.
Fundrise offers a range of investment options, including eREITs (electronic real estate investment trusts) and eFunds (electronic real estate funds), allowing users to invest in various properties across the United States.
One way to use the Fundrise app to make money daily is to invest in eREITs or eFunds that offer regular dividends. These investments pay out a portion of their earnings to investors on a regular basis, which can provide a source of passive income. Read our Fundrise review here.
Roofstock
Investment Minimum – $5,000
Commissions/Membership Fees – .50% or $500
Roofstock is an online investment platform that allows users to buy and sell single-family rental properties. The app is designed to make it easy for investors to access a diverse portfolio of rental properties, even if they don’t have a lot of money to put into the market.
Roofstock offers a range of investment options, including turnkey properties, which are properties that are already occupied by tenants and generating rental income.
One way to use Roofstock to invest and make money daily is to invest in turnkey properties that offer regular rental income. These properties can provide a source of passive income, as the tenants pay rent on a regular basis.
Yieldstreet
Investment Minimum – $2,500
Commissions/Membership Fees – 1.5%
Yieldstreet is a platform that offers investments in alternative assets, such as real estate and art. You can invest in commercial and residential properties, private debt, legal settlements, and other asset classes.
Yieldstreet has two different types of investment options. The first is the most popular one, which requires investors to be accredited and a minimum investment of $15,000 or more.
The second is the Prism Fund, which is open to any investor and only requires $2,500.
Crowdstreet
Investment Minimum – $25,000
Commissions/Membership Fees – $0
Crowdstreet is a real estate investment platform that allows you to invest in commercial properties. You can choose from a variety of investments, such as office buildings, retail centers, and industrial parks.
The initial investment amount is $25,000 and is only available to accredited investors. It’s a great app for those looking for a diversified investment portfolio and to build wealth.
Miscellaneous Investing
If you’re looking for a more diversified portfolio, there are a few apps that allow you to invest in other asset classes.
From investing in small businesses to crypto interest accounts, here are some more ideas for alternative investments.
Mainvest
Investment Minimum – $100
Fees – $0
Mainvest is an online platform that allows you to invest in small businesses. You can choose from a variety of investments, ranging from restaurants to retail stores.
Investments are broken down into 4 categories: bakeries, breweries, restaurants, and specialties.
The minimum investment amount is $100, and the company claims returns averaging between 10% to 25% per year.
It’s a great way to support small businesses while also earning passive income.
Masterworks
Investment Minimum – $2,500
Commissions/Membership Fees – 20% of profits
Masterworks is an online platform that allows you to invest in art. You can choose from various artwork, from the masters like Monet and Picasso to modern-day artists.
It handles everything from finding and purchasing the art for your investments and even storing it for posterity.
Each share costs $20, with a minimum investment requirement, but you can earn 17% ROI on that money, making $425 for every $2,500.
To get started with Masterworks, you do need to request an invitation and then complete a phone interview.
Coinbase
Investment Minimum – $2
Commissions/Membership Fees – $.99 – $2.99
Coinbase is an app that allows you to buy and sell cryptocurrencies. You can also use it to invest in crypto interest accounts, which earn you money without the risk of trading or investing in volatile markets.
The minimum investment amount varies depending on the coin or tokens you choose, but Coinbase only requires a $2 minimum investment for their crypto interest accounts.
If you don’t know much about cryptocurrency, don’t worry! Coinbase has articles and educational materials for investors to learn about crypto and to make smart investments.
Crowdestor
Investment Minimum – $50
Commissions/Membership Fees – 2%
Crowdestor is a peer-to-peer lending platform that allows you to invest in real estate projects, startup projects, and even consumer debts!
The returns on this platform vary depending on the project, but they can be quite high, making it a great app for those looking to maximize their ROI.
FAQs
How much money should I invest?
Deciding how much money to invest is an important decision that will depend on your individual financial goals, risk tolerance, and investment experience.
If you only have a little money in your savings, you want to start small on platforms like Fundrise, where you can invest with only $10.
But if you have $1,000 to invest, there are plenty of stock options on Robinhood to earn dividends from.
In general, starting investing as soon as possible is a good idea, even if you can only invest a small amount of money.
By investing early, you can take advantage of the power of compound interest and potentially grow your wealth over time.
As you gain more experience and your financial goals change, you can adjust the amount of money you invest to reflect your evolving strategies.
How often should I invest my money?
How often you invest your money will depend on your financial goals and risk tolerance. If you’re just starting out, it’s best to start small and invest regularly.
You can invest $100 a month if you can afford it, then increase the amount of money you invest as your portfolio grows.
Some apps like Acorns will round up your purchases and automatically invest for you. If you spend $3.50 on coffee every day, Acorns will round it to $4 and invest $0.50 for you every day.
Robo-investors like Betterment will also automatically shift around your investments to make you more money, but funds must be in your account for the program to invest for you.
Should I pick a DIY platform or use a Robo-advisor to invest and make money daily?
It’s easy to use and quick to invest with DIY platforms and Robo-advisors. Both approaches have pros and cons, and the right choice will depend on your financial goals, risk tolerance, and investment experience.
DIY platforms, also known as brokerage accounts, are online platforms that allow users to buy and sell stocks, ETFs, and other securities on their own.
DIY platforms are a good option for people who are comfortable managing their own investments and want more control over their portfolios.
Our favorite DIY app to invest and make money is Robinhood.
On the other hand, Robo-advisors are automated investment platforms that use algorithms to create and manage diversified portfolios for their users.
Robo-advisors are an excellent option for people new to investing or who don’t have a lot of time to manage their investments, as they offer a convenient and hassle-free way to start investing.
Our favorite Robo-advisor app is Betterment, which offers low fees and a wide range of investments.
When deciding between a DIY platform and a Robo-advisor, it’s essential to consider your financial goals, risk tolerance, and investment experience.
If you’re comfortable managing your own investments and want more control over your portfolio, a DIY platform may be the right choice for you.
Otherwise, if you’re new to investing or want a more hands-off approach, a Robo-advisor may be a good option.
What online businesses can be profitable?
There are many online businesses that can be profitable, including creating e-commerce stores, blogging, freelance writing, and more.
The key to success is finding something you’re passionate about and working hard to make it successful.
You also have to be willing to take risks and invest time and money into your business to succeed.
Final Thoughts
In conclusion, there are many different ways how to invest and make money daily, including DIY platforms like Robinhood.
Some popular methods for making money daily include investing in dividend-paying stocks or ETFs, reinvesting dividends, and investing in rental properties or other income-generating assets.
Regardless of your chosen method, it’s important to carefully consider your investment goals and risk tolerance before getting started. This will help you make informed decisions about where to invest your money and how to manage your portfolio.
In addition, it’s always a good idea to do your own research and due diligence before making any investment decisions and to be aware of the risks and limitations of investing.
By following these steps, you can increase your chances of success, develop an investing strategy and make the most of your investment opportunities.
