How to Invest Your First $100 to Become a Millionaire and It’s Not What You Think

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For someone new just getting into the personal finance & investing arena, your first $100 investment should be in…your education! Yes, you read that right. The first $100 you invest should not be in the stock market, real estate, online business, cryptocurrency coin or affiliate marketing programs. Rather it should be upping your financial IQ like so many millionaires have.

Why your financial education is the highest return on investment you can make.

If you go out and blindly invest your hard-earned money without knowing what you’re doing, you will most likely lose it. Besides, with only $100 invested, an extremely good return on investment of 20% will only yield you a mere $20 profit. That’s nothing to write home about and will definitely not make you a millionaire.

Millionaires don’t read just any old books. They read books that will help them grow and learn. Here’s a list of the types of books self-made millionaires read:

• Career-related
• How-to’s
  
• Biographies of successful people
• Self-help 
  
• Books on memory improvement and learning
• Psychology
• Leadership
  

The key to success in life is growing your knowledge base and skills. Devote 30 minutes or more each day to learning by reading books. If you do, it will set you apart from the competition, as most people do not read. Reading every day puts you in the top 5% of the crowd.

Below is a list of the best financial education books out there to help you become a millionaire.

If you’re new to investing or even moderately savvy at investing, you need to read these books. This is by far the highest yield for $100 investment out there. The knowledge you will obtain in these books can literally generate millions of dollars for you in the future. Not to mention the confidence you will have investing with your new, higher financial IQ.

 

 

 

  

 

 

 

 

  

Grand Total: $104.52

 

Don’t hesitate, start reading as soon as you can. 

For the average millionaire, reading can help them grow and learn. In fact, according to research from Thomas Crowley, 85 percent of self-made millionaires read two or more books per month. While there’s a time and place for leisurely reading, millionaires read books that encourage self-improvement.

From 2010 to 2015, the number of millionaires jumped by 2.4 million. Another 3.1 million will be created by 2020, BCG estimates, at the pace of 1,700 new American millionaires every day.

Start now and someday you can claim your place in the millionaires club.