How to Invest in Amazon Stocks with Only $100?


INVESTING IN AMAZON STOCKS

An average individual will tell you that the best way to grow your income and achieve a life of financial freedom is to get a white-collar job and work hard. However, as a financial expert, I’d like to let you know that white-collar jobs are hard to get, and they cannot offer you financial freedom like investing in stocks would. Investing in good stocks like Amazon can help you scale up your income. But what if you don’t have enough money? Say you have just $100. How do you invest in Amazon stocks?

To Invest in Amazon stocks with just $100, you’ll need a brokerage account if you don’t have one. An M1 brokerage account is ideal for investing such an amount of money due to their minimum deposit ($100).

Amazon stocks are among the top 10 stocks to invest in. During the coronavirus pandemic, while other stock values plummeted, Amazon’s stock value rose, indicating its potential. With the glaring potential of Amazon’s stocks, you may want to jump on the bandwagon. But what if you don’t have enough cash? Put differently, what if you have just $100? How do you invest in Amazon stocks? The answers you seek are in this article. You’ll have to read on to find out.

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How to Invest in Amazon Stocks with Only $100?

Investing remains one of the fastest ways to attain wealth. This venture is more lucrative than a typical 9-5 job as it helps you make money daily as a trader, and in the long run, as an investor.

People embrace investing because of its flexibility. While a typical job can guarantee you, say $5k each month, investing can guarantee you a return of $10k, $8k, $20k or more, subsequently depending on what you are investing in and your investment strategy.

Choosing the Right Investment Vehicle:

To make money from investing, you need to invest in the right Investment vehicle. It is important you note that not all investment vehicles can help you scale your income. You could invest in some and end up losing money, and you can invest in others and end up scaling your income.

Common investment vehicles are real estate, bonds, cryptocurrency, and stocks. For this article, we’ll be taking more about stocks, after which I’ll narrow things down to Amazon stocks, where I’ll explain to you how to invest in one of the most promising stocks worldwide with a mere $100.

First off, let’s look at what stocks are.

What are Stocks?

A stock, which is synonymous with equity, is a security that represents a fractional share of ownership in a particular company. When you buy stock from a company, you end up becoming what we call a shareholder, and the small portion you own is regarded as a share.

Investors purchase and own stocks while anticipating the success of the company. When the company ends up succeeding, its stock owners share in the profits. If the reverse is the case, then shareholders will have to make do with a diminished return as the success or failure of a company is connected to its stock value.

Also, there is a worst-case scenario, and when it occurs, a stock owner’s share should become useless, especially if the company goes bankrupt. I bet this isn’t something you long for, which is why I’ll advise that you do the necessary legwork before investing in a stock.

For instance, rather than invest in those too good to be true stocks, why not consider prominent stocks like Amazon, which soared high regardless of the economic havoc caused by the coronavirus. If you’d like to take my advice and invest in Amazon, here is a sneak peek into what the stocks are all about.

What is Amazon Stock?

Amazon has been very impressive during the COVID-19 pandemic, and the company is one of a few with more than $1 trillion valuations. That increase has many investors wondering whether to buy Amazon stock or pass.

The success of Amazon is rooted in making it easy for customers to buy products online, a service that was sort-after during the pandemic. There is no “buy now” button for stocks like it is when shopping on this platform. However, investing in Amazon is almost as easy as shopping on Amazon.com.

Can You Invest in Amazon Stocks With Just $100?

If you are a newbie investor, the chances are that you may not have enough money to invest in a stock. For instance, you may not have $10k or $50k to buy Amazon stock. Like some investors, you may want to test the waters with a mere $100. However, you aren’t sure if investing such an amount is possible.

If you ask me, I’ll say investing $100 in Amazon stocks is possible, provide you use the right brokerage.

Here is how to invest such an amount in Amazon stock.

To invest $100 in Amazon stock, you’ll need to get a brokerage account that allows you to deposit such an amount of money. I’ll advise you to go for M1 finance (for those living in the U.S).

As of the time of writing, a single Amazon share costs around $3425.52. Thankfully, you can use what is regarded as fractional shares to invest in Amazon with much less than that. Fractional shares allow you to use M1’s account minimum deposit ($100) to purchase 1/33 of a share of Amazon stock.

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Can One Invest in Stocks With Only $100?

Before investing in stocks, you’ll need to figure out the particular stock you wish to invest in. Afterwards, you’ll need to get your funds ready. If you are starting, you may want to go little, say invest $100. However, is such possible? Can one invest in stocks with just $100?

You can invest in stocks with just $100 or even less. The idea is to start somewhere and grow your money.

While investing as little as $100 in stocks is possible, you must understand that the amount you invest will determine your returns.

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