16 Ways to Invest Your Money

Great, you’re making money (other you wouldn’t have clicked on this article). Congrats!

Now, the big question is: what should I do with my money?

Besides the obvious — treating yourself (yes, hard work can be rewarded now and then), here are 16 other ways to invest your money:

1. Individual Stocks (like Microsoft, Tesla, Apple…)
2. Index Funds (like Vanguard S&P 500 ETF, iShares Core S&P 500 ETF…)
3. Crypto Currencies (Bitcoin, Ethereum, Cardano, Ripple…)
4. Gold
5. Silver
6. REITS (Real Estate Investment Trusts)
7. Bonds
8. Collectibles (like Pokémon cards or NFT's)
9. Real Estate (Buy small units, rent them out)
10. Your own Business
11. Peer to Peer Lending (Lend or borrow money without banks)
12. Forex (Trading of foreign currencies)
13. Start-up investing (find a startup which you really believe in)
14. Your own Education (always a good - and my prefferred - choice)
15. Your Health (an even better choice!)
16. Your Sleep Sanctuary (the BEST choice! Check out this article!)

Of course, there are a bunch of other ways to invest your money, but these are the most common ones. I would recommend just to follow your heart & interests, and go for what you want.

But remember: ALWAYS make sure you are educated about whatever you're going to invest in. Know the market, know the technology, know EVERYTHING before you take action!

P.S. If you decide to invest in stocks, crypto’s, gold, silver… etc, always do it by using DCA.

Dollar Cost Averaging (DCA)

In a bear (=bad) market, the question everyone’s asking is: “when is it the right time to buy again?”

Answer: Always, in small amounts.

Let me show you a screenshot of my Solana (SOL) buying history in the past weeks/months:

I’ve been buying small amounts of SOL every week, without skipping any weeks.

Simply said: buy for small amounts on a regular basis!

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A more thorough explanation…

Dollar Cost Averaging (DCA) is a really good investment strategy that can help you invest in the stock market in a smart way.

Basically, instead of investing all of your money at once, you invest a fixed amount of money at regular intervals, like monthly or weekly (I prefer weekly).

The great thing about DCA is that it helps you avoid trying to time the market, which is really hard to do. Instead, it allows you to buy more shares when the price is low, and fewer shares when the price is high. Over time, this can help you reduce the impact of short-term market fluctuations and potentially generate long-term gains.

An example:

Let’s say you want to invest $1,000 in a stock, but you’re not sure if the price will go up or down. You could invest all of your money at once, but if the price goes down, you might lose money.

Alternatively, you could use DCA and invest $100 every month for 10 months. This means that if the price goes down, you’ll be able to buy more shares, and if the price goes up, you’ll be able to buy fewer shares.

By the end of the 10 months, you’ll have invested $1,000 and bought shares at different prices. Overall, this can help you get a better average price for your shares and potentially make more money in the long run.

Clear enough? Unless you’re an super-expert-pro investor, you should never try to time the market.

Best of luck!

-Michiel

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