We often discuss passive income from our side hustle projects such as services and product creation. A quick and easy way to start on this path is through micro-investing. That is the method of investing your money in small amounts through some means that are highly familiar to us. These include stocks, real estate, lending, and even venture capital.
A Variety of Platforms
The number of platforms and the power they provide is surprising. Even large investments like real estate and angel funding can be achieved in small amounts through the advances in technology. Crowd-funding has become popular through well-known sites like Kickstarter but that is just the tip of the iceberg.
This is not a presentation from a financial advisor or expert. Instead, it is an overview of the options that are out there and a discussion of how we can make the most of even our smallest investment. The key to building wealth is to start yesterday so here are a number of ways to get going.
This series comes from our mentoring/mastermind classes. These classes are virtual meetings that focus on how to improve our technical skills and build our businesses. The goals of each member vary. However, this diversity makes for great discussions and a ton of educational value every time we meet. We hope you enjoy viewing this series as much as we enjoy creating it. As always, this may not be all new to you, but we hope it helps you be a better developer. Drop us a line to find out when the next one is so you can join our group.
