how much you would have made if you have
invested a thousand dollars in tesla
back when it went public it wasn't that
long ago just 10 years ago take a guess
10 000
20 000
thirty thousand dollars well telexing
your money or growing it by thirty times
is great but that's not even close if
you have invested a thousand dollars in
tesla on march 7 2011 today that
investment would worth almost a hundred
twenty thousand dollars your total
profits from that investment today would
equal a hundred eighteen thousand and
eight hundred twenty nine dollars with
an annual return of sixty 61.26 percent
investing just 10 000
in tesla back in 2011 would have turned
you into a multi-millionaire
investing a hundred thousand dollars in
tesla would have earned you more money
than you could possibly spend but it was
a big bet
i mean tesla is valued this much because
of musk's unbelievable marketing skills
if you take a look at the numbers tesla
is valued based on what it could
potentially achieve in the next 5 to 10
years the fear of missing out has led
many investors to invest in tesla but
the question that we want to focus on in
this video is if you have an extra 10
000
where should you invest it what are your
best options first of all if you have
managed to save ten thousand dollars
congrats not many people can do that
most people barely save any money for an
emergency fund and even if they manage
to save anything they quickly splash it
on unnecessary things just take a look
at the data most young people have a
negative net worth
69 percent of us adults have less than a
thousand dollars in savings well 34 have
no savings at all
so with an extra 10 000
you can consider yourself in the top 30
of the wealthiest americans
and now the question is where do you go
from there what should you do with that
ten thousand dollars
is there a way to double or triple that
ten thousand dollars or maybe grow it to
millions we'll answer all of those
questions and many more but before we do
that give this video a thumbs up that it
deserves and here is a little disclaimer
this is not financial advice and
everything that said in this video is
for educational entertainment purposes
and now let's dive in
number one high risk individual stocks
the stock market can do wonders
especially when there is a company that
is about to disturb a certain industry
in a matter of 10 to 15 years the stock
market can grow astronomically i'm not
talking about 10 or 20
but rather about a few thousand percent
amazon for example since it went public
in 1997 has grown by 212
000
that's more than any other stock
ten thousand dollars invested in amazon
back in 1997
would have now worth
21.3 million dollars but amazon is not
unique there are plenty of companies
that had grown similarly best buy is
another example since 1990 best buy has
generated a total sum of a hundred and
eight thousand percent or about twenty
six point two percent annually a ten 10
000 investment in best buy in 1990 would
now worth 10.9 million dollars it's easy
to feel bad for missing such an
opportunity but you should not because
there will always be the next hot stock
every single day dozens of startups
emerge trying to disturb everything so
one way i would invest an extra ten
thousand dollars is by throwing it into
a few tech companies that seem to have a
chance to revolutionize a certain
industry
i wouldn't choose just one because i
could end up making the wrong bet but
splitting it into three four companies
could end up into a real fortune over
the long run
number two hold it until an opportunity
strikes one of the biggest obstacles i
came across is the fear of missing out
every single day that i keep the money
in my bank account means that i'm losing
money because first of all inflation
devalues the real value of my money and
secondly i'm missing the potential
returns i could be making even from just
throwing it into the s p 500 but what i
have learned after making multiple
mistakes is don't rush if you're missing
a market rally it is alright the market
will jump up and down all the time
don't try to take advantage out of all
small opportunities focus on the big
gains if you're not sure just keep your
money remember buffett's two most
important rules of money number one
don't lose money number two never forget
the first rule sometimes there comes an
opportunity when you are a hundred
percent confident that's it's one in a
lifetime opportunity and that ten
thousand dollars could turn you into a
multi-millionaire
that's when you should invest
number three roth ira we sometimes
complain about how rich people avoid
paying taxes by creating complicated
schemes we blame the system for being
corrupt however there is a simple way
that anyone can avoid paying taxes but
they don't a roth ira is an individual
retirement account that you can use to
make investments and pay no taxes on
them wait a second no taxes how is that
possible when you get paid you pay taxes
on your income so your income has
already been taxed
if you use that money to invest through
a roth ira account your income is not
going to be taxed again no matter how
big your investment is going to grow
let's say you opened a roth ira account
in 2011 and invested a thousand dollars
in tesla that has grown to 120 000 by
2021. you absolutely have to pay no
taxes on that if you hold that money
until the age of 59.5 you can withdraw
your initial investment which was a
thousand dollars in this example and
still avoid paying taxes but if you want
your gains not to be taxed as well then
you should keep that money until the age
of 59.5
it is free easy and you should do it as
soon as you can the only problem is that
you can only contribute your roth ira
account six thousand dollars or seven
thousand dollars if you are 50 or older
let's say you're 20 years old and you
invest 6 000
out of that 10 000
into the s p 500 through your roth ira
account next year you do the same thing
and keep repeating it until the age of
60 you will end up with 3.2 million
dollars that you don't have to pay any
taxes on in fact every year you can
withdraw your initial investment
tax-free one of the people who took
maximum advantage out of this is peter
thiel in 1999 peter thiel used his roth
ira account to buy paypal shares worth
two thousand dollars he was given a
special prize since he was one of the
founders of the company but by the end
of 2019 his roth ira account has grown
to 5 billion dollars and he doesn't have
to pay a dime in taxes on that money
brilliant
number 4 try a business if you have a
family or financial responsibilities
maybe you should not take this path
because there is a higher risk of losing
your money if you are starting any
business but if you are in your 20s then
it could exactly be what you need
whenever you invest in stocks or other
assets you have very little control over
it other people decide what to do with
your money the growth of your money
depends on how hard other people are
going to work but when you invest in a
business that you have full control over
even if it turns out badly you have the
ability to put more hours be more
creative and still do something about it
i know that ten thousand dollars is not
a lot of money when it comes to starting
a business yes when you have a big
capital it's much easier but that's the
point ten thousand dollars is enough to
get you started especially when it comes
to something online people start online
businesses for a fraction of that amount
so you don't have any excuses
and finally real estate what what can i
do with just 10 000
in real estate before you drop a
negative comment listen to what i have
to say but if you still insist on doing
something just drop a like that will
help the channel greatly what sets real
estate apart from all other investments
is that you can use leverage safely
maybe with ten thousand dollars it might
be difficult to find something but with
twenty or thirty thousand dollars you
can easily control properties worth
three hundred or four hundred thousand
dollars when you use leverage in forex
stock market or crypto your broker
immediately closes your position if the
price of the asset dips below the amount
you have deposited but when it comes to
real estate the bank cannot do that
since you have a 30 year mortgage
contract on top of that you can get your
tenants to pay your mortgage yes you
don't always get a good deal in real
estate especially now but judging by
historical data real estate prices in
the long run always rise they crashed in
2008 recovered by 2013 and have been
rising since then this means sooner or
later rent prices will rise to a point
where that property will be profitable
and we did not even consider the fact
that the value of that property will
rise over time as well if you could save
ten thousand dollars that means you are
disciplined enough to double triple or
grow it by a much larger percentage the
most important thing is not to rush with
your decision don't let the fear of
missing out push you to waste that money
and now it's time to go and get your two
free stocks from weeble if you use the
link in the description or check out my
special course and skillshare that will
teach you how to invest in the stock
market like those rich people do and
most importantly give this video a
thumbs up if you want to help us and
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thanks for watching and until next time
you