Earlier this year, you may have read 2019 Investment Strategies for Entrepreneurs on the blog. In that post, I briefly explained some investment strategies that could be worthwhile as an entrepreneur. To piggyback off of that idea, I want to share with you a few personal current investment strategies that may be beneficial for middle income families or really, anyone looking to get started with investments.
Real Estate Investing with Fundrise
As we know, one of the old faithfuls of the investment scene is real estate. It took the sector a while to recover from the 2008 global financial crash, but returns on real estate investment have recovered nicely. Not to mention, it is predicted to be some profitable years coming up, so this could be a valuable component of sound investment strategies this year.
But, what if physically managing real estate is not your thing? Why not try Fundrise? Fundrise is a financial technology start-up company based in Washington, D.C. that operates an online investment platform. It has been labeled as the first company to successfully crowdfund investment into the real estate market.
From my personal experience, it has been an easy way to get started into real estate investments, but I will caution you that your dividends may take a while to grow. But, of course that’s with many investments.
Stocks with Stockpile
Another investment that is currently working for us is stocks with Stockpile. The innovative Stockpile platform allows investors to buy and sell stock for themselves. Not only that, but you can teach your children to do so and create their own account supervised by a parent. My youngest son gets really excited when I share with him that his Batman Time Warner stocks earned dividends.
Again, dividends can take a while to grow, especially if you are only purchasing fractional shares of stock. That’s right.
With Stockpile, you can buy fractional shares of stock in publicly-traded companies, buying only what you want or can afford to purchase which is very attractive when your family is on a budget.
Lastly, Stockpile enables users to give stock as a gift using gift cards. Gift cards allow the recipient to choose the companies they want to invest in by choosing any dollar amount between $1 and $1,000.
For more information, or to create your own account, check out Stockpile.
Final Thoughts
From experience and my perspective, I have learned that the middle class very rarely have generational wealth. A lot of it is because the wages for the middle class seem to stay stagnant, as well as not properly investing in what we do have.
With this being said, the middle class are not passing down stable, significant financial resources to their future generations. For our family, I want to change this. I want to leave this earth knowing that my children have financial resources in place that they can maintain and grow wealth for their children and hopefully even their children. While these two investments alone won’t do it completely, it’s a start in the right direction.
This post may contain affiliate links.
