Start with a Savings Account: Start by saving $100 in a high-yield savings account to earn some interest while building your investment capital.
Add Regular Contributions: Save and invest additional money regularly, even if it’s small amounts. Consistency is key.
Invest in High-Growth Assets: Consider investing in assets like stocks or low-cost index funds with the potential for high returns over time.
Reinvest Earnings: As your investments grow, reinvest dividends or profits to accelerate your returns.
Diversify Your Portfolio: Spread your investments across different assets to manage risk.
Long-Term Perspective: Be patient and understand that it may take several years to turn $100 into $1,000 through investments.