What to Invest in With $1000 or Less
When you read books and watch videos, there are a lot of crap flying around about the best business model for a successful business or tips to invest and these people know how to sugarcoat their words making it look like you aren't doing the right thing even when they do not understand where you are coming from and where you are going. The reality remains that for every level there is a different ball game, and you need to understand the business game that you are playing.
First, we need to start with equity in a business/investment which is what differentiate every business and the stake that different people have in different businesses. Whatever business you are getting into, you need to know the equity that is available for the business after which you can then look at the leverage you have at your disposal. Leverages are the business tools at the disposal for the business. The tools to be leveraged can include your skills or other people's skills, finance and so on.
I will keep saying this, if you intend to invest and you do not have up to $1000, then your method of investing should be completely different from a person with 1 million dollars in their account. If you have less than $1000, I will not advice you to invest in shares, bond, or stocks. I am not talking about pump and dump, neither am I talking about short trading because these ones would even bankrupt faster than you think. I am talking about investing and those investment vehicles mentioned are not my pick for anyone with less than $1000. The only financial market I can advice you to get into is crypto. Buy a crypto with use case and large community that can move with the market.
By definition, investing has to do with putting money into a vehicle that would cause your money to work for you and you put the money because you have a good reason to believe it will give you results. Regardless of a person's income or asset class, investing is a necessity but everyone cannot invest in the same class of investment vehicles because we are financially not equal.
If you are a person who isn't making up to $1000, then you shouldn't invest in the traditional method of investing. Why I do not support the investment in stocks, shares, bonds, and so on is because their best average has been about 10% yearly which would just be $100 at the end of the year. When will $100 become $1000 because at this stage, you are aiming to create money and not secure the one you have now since it is little. When you are at this level, your investment should on asset classes with high Return On Investment (ROI).
For me, I always mention that the biggest investment a person can have with less than a $1000 is improving on skills. This is one investment that you can improve on and control. People would have this little money and run to buying shares and bonds but 10% of that money isn't what you can feed on for a year because it is a small amount of money to put into such type of investment. ROI on skills are exponential, as people would pay a whole lot for that skill you have and it has no risk for you.
With a thousand dollars, you can go into content creation for people, helping them create content and make money in the process or you can learn how to code or program which would also fetch you good reward as skills are a high paying need now. When you are able to do this and you have started saving up to some thousand dollars, than you can start to invest in something vehicles that will set your financial foundation.