It’s not a must you have millions of dollars for you to invest in a worthwhile business. With as little as 100$, you are good to go.

The first worthwhile place to invest your money is an online savings account. Although the interest rates may be low, they usually pay the best returns as compared to the savings account offers among all other financial institutions.

Dividend reinvestment and direct stock purchase plans

These plans allow you to buy stocks directly from the companies without the intervention of brokers and their commissions. This type of stocks are mostly offered for free by major corporations or with fees low enough to make it meaningful to invest as little as 50$. Drips work well with beginners who are starting low. One can make frequent purchases to build their stocks over time.

Exchange traded funds

This is another area you can build your portfolio on. Exchange-traded funds trade just like stocks and follow the trends of different types of assets such as bonds and securities. Investors can perform the same types of trades they do with stocks since exchange-traded funds trade on major currencies.

Actively managed mutual funds

If you want a long term investment portfolio to invest in, you can consider actively managed mutual funds. These ones offer greater returns. They also offer an easy way for investors to gain exposure to a broad range of stocks. When you have actively managed funds, the fund manager makes all decisions on your behalf.

Index funds

Index funds are an ideal portfolios if you are aiming at diversifying and building a portfolio that you can set and forget. In index funds, you can keep up with the market.

Can you imagine doubling your money every week with no or little risk? Invest in the above-mentioned portfolios and watch your money grow.