Investing is a common recommendation for putting your money to work to build wealth.
After all, investing in assets that create more income for you is a lot better than hiding your cash under your mattress!
And, the great news is that there are so many different investment ideas out there you can use to create passive income.
So, if you’re wondering how to invest and make money daily, you’re in luck.
This post is covering 10+ of the best ways to invest and earn daily income you can use to create new income streams for yourself.
How To Invest And Make Money Daily
One quick note about ideas to invest and make money daily before getting into all the methods.
You should always consider your investing timeframe, goals, and risk tolerance before picking an investing idea.
Furthermore, don’t hesitate to speak to a financial planner or investing advisor if you need help picking the right idea for you.
With that disclaimer out of the way, let’s jump into some ways to invest and make money every day!
1. Invest In Real Estate
In the past, it took a lot of money to invest in real estate.
However, thanks to real estate crowdfunding, this high capital requirement isn’t the case anymore.
In a nutshell, real estate crowdfunding companies pool money together from numerous investors to invest in income-generating real estate.
Fundrise is one popular company in this space, and it actually lets you invest in real estate starting with just $10.
Typically, Fundrise purchases properties like multifamily homes and commercial real estate where it can charge rent.
As an investor, you get paid quarterly dividends. You can also earn from your Fundrise shares appreciating in value.
Historically, Fundrise returns around 8% to 9%, although the platform returned over 21% in 2021!
You pay 1% in annual management fees, and overall, Fundrise is incredibly beginner-friendly because of the $10 minimum investment requirement.
So, if you want to diversify your portfolio with real estate and invest to make money daily, Fundrise is definitely worth checking out.
Learn more about investing with Fundrise!
2. Invest With A Robo-Advisor
Another way to invest online and early daily is to use a robo-advisor.
Robo-advisors are similar to financial planners except they use algorithms and questionnaires to help invest in assets that match your goals and risk tolerance.
The advantage of robo-advisors is that they’re generally low-fee. And they let you put your entire investing strategy on autopilot, which is great for beginners.
Betterment is one of the leading robo-advisors, and it’s a great way to invest and earn daily since there’s a $0 minimum funding requirement.
When you sign up for Betterment, it asks you a series of questions about your goals and risk tolerance.
From there, it invests in various portfolios that are mostly comprised of low-fee ETFs.
What’s cool about Betterment is there are plenty of portfolios, including growth focused ones, daily income focused ones, and even portfolios for socially responsible investing.
Betterment charges 0.25% annually for accounts under $100k, so it’s also very cost-effective.
And you also get benefits like automatic portfolio rebalancing and tax-loss harvesting to help boost returns.
Ultimately, if you’re wondering how to invest and make money daily and need a helping hand, robo-advisors like Betterment are a great choice.
Start investing with Betterment!
3. Use Micro-Investing Apps
If you don’t have much money to invest, you can always try micro-investing apps to invest and earn daily income.
Apps like Acorns are a perfect example and way to get started.
With Acorns, you can put your daily spending to work and turn your shopping into an actual investing portfolio.
Acorns does this by letting you round-up your daily purchases to invest the difference automatically.
For example, if you buy a coffee and muffin for $4.25, Acorns can automatically round up to $5 and invest the extra $0.75 on your behalf.
This might seem inconsequential, but Acorns is all about building good habits and consistently investing.
Acorns invests in a variety of ETFs to match your investing goals and levels of risk tolerance as well, so it’s a more tailored way to invest and make money daily.
Another nifty Acorns feature is its “Earn” options that let you earn cash back from over 350 retailers.
This feature is similar to reward apps, and you can earn cash back for shopping at partners like:
- Apple
- Blue Apron
- Kohl’s
- Macy’s
- Nike
- Sephora
- Walmart
Acorns even has a shopping browser extension to help you earn cash back online, so it’s very flexible.
The beginner Acorns plan costs $3 per month, so you have to pay to automatically invest and earn shopping rewards.
But if you need a helping hand with building your investing portfolio, apps like Acorns are definitely worth considering.
Start investing with Acorns today!
4. Dividend Stocks
If you’re still wondering how to invest and make money daily, one straightforward option is to invest in dividend stocks.
Dividend stocks are a popular investing choice for anyone looking to supplement their income.
This is because dividend stocks let you earn quarterly or annual dividend payments while still potentially benefiting from share appreciation.
And, investing in dividend stocks is pretty simple most of the time.
For starters, you can check with your bank to see if you can open an investing account to start investing online.
Commission-free online brokers like M1 Finance are also a great way to begin investing in stocks or even things like ETFs, mutual funds, and index funds.
As for which securities you invest in, you have to do your own due diligence and research.
But for dividend investing, one great place to begin your research is to look at the Dividend Aristocrat list.
This is a list of companies that are in the S&P 500 index that have paid and increased dividends every year for at least 25 years in a row.
Some familiar names in this list include:
- AT&T
- Coca-Cola
- Johnson & Johnson
- Lowe’s
- PepsiCo
- Procter & Gamble
- Target
- Walmart
The bottom line is dividend investing is a classic way to invest and get paid daily.
Just note that you have to wait for quarterly or annual dividend payments, so there is a delay between becoming a shareholder and earning dividend income.
5. Invest In An Online Business
One of my favorite methods to invest and earn money daily is to start some sort of online business.
Now, this isn’t a traditional investing idea. However, I think the earning potential is higher with online businesses than almost any type of investing strategy.
I’ll give you a personal example.
I started This Online World back in college as a way to earn money online.
The blog cost around $175 between a domain name, WordPress theme, and one year of SiteGround blog hosting.
It took years of work and learning to grow this blog. But This Online World made $92,000 in 2021.
This just goes to show the potential of online businesses and how investing in one can pay dividends, even if it takes a while for things to grow.
And what I like about online businesses like blogging is that you have so many ways to generate income.
Some popular examples include:
- Running display ads with companies like Mediavine and Monumetric
- Selling sponsored posts
- Affiliate marketing income
- Selling your own products or services
- Selling coaching and online courses
And blogging is just one example of how you can invest in a business and earn income daily at some point.
For example, you can try selling print on demand products on websites like Redbubble or Zazzle.
Alternatively, you can launch your own Etsy POD store and sell a variety of products if you can come up with unique designs.
Again, this is just scratching the surface, and there are plenty of ways to earn income online and to earn income consistently.
My favorite part is you don’t need to invest a lot of capital for many of these ideas. Even $50 to $200 is usually enough to get an online business up and running.
6. Invest In A New Side Hustle
Like starting an online business, another way to invest and earn daily income is to try a new side hustle idea.
This is als one area where you can get very creative or keep things simple with your investing ideas.
Here’s a simple example: invest in a bike so you can make money with various gig apps like DoorDash or Uber Eats.
Both companies let you make money with your bike, and the sign-up process is incredibly fast.
Plus, you’re basically getting paid to workout as a bike courier, and if you live in a busy downtown core, you can make decent money by delivering food within that area.
If food delivery isn’t your thing, there are still plenty of options.
For example, you can invest in equipment or tools that lets you start a service-based business like:
- Cleaning
- Handyman work
- Landscaping
- Moving help
- Plumbing
Even buying something like a cheap snow shovel lets you go door-to-door offering to shovel driveways for a quick $20.
You get the idea: invest in tools that let you make extra cash in your spare time and you’re off to the races!
If you need help finding clients, you can also use odd job apps like TaskRabbit and Handy to find your first clients!
7. Crypto Interest Accounts
One of my favorite ways to invest and get paid daily is to use crypto interest accounts.
This is also the latest passive income idea I’m trying, and it’s very easy to start.
For example, companies like BlockFi and Nexo let you earn 10% to 15% APY or more by depositing your cryptocurrency in crypto interest accounts.
I’m using Nexo right now, and it’s a very nifty passive income source because of how interest payments work.
Nexo lets you deposit dozens of different cryptocurrencies, and interest accrues daily so you’re technically earning every single day.
Right now, I deposited about $500 of Cardano in my Nexo account. It earns around 8% annually, and I’m getting paid in Nexo tokens, the platform’s native token.
But Nexo supports dozens of cryptos like:
- Bitcoin
- Chainlink
- Cosmos
- Dogecoin
- Ethereum
- Litecoin
- Polkadot
- Solana
- USDC
You can purchase crypto through Nexo as well. Alternatively, you can use popular exchanges like Coinbase to buy crypto and then move it to your Nexo account.
This is definitely one nifty way to invest and earn daily money, and the variety of cryptos you can deposit and high interest rates are two massive perks.
Plus, Nexo is giving you $10 in free Bitcoin when you sign up with a referral link and invest at least $100!
If you want to learn more about Nexo, you can also check out my YouTube video on some of my favorite passive income ideas.
Try out Nexo today and earn passive income with crypto!
8. Purchase Rentable Assets
Another way to invest and make money every day is to buy assets and then rent them out for profit.
It’s actually surprising how many things you can rent out for profit as well if you get a bit creative.
Some popular rental passive side hustles you can look into include:
- Making money with a spare room through Airbnb
- Renting out your car with Turo
- Renting out a shed or extra storage space with Neighbor
- Renting out an instrument on websites like Fretish
- Renting out gear like cameras and drones on Fat Llama
Marketplaces like Fat Llama are honestly super cool, and you can get very creative with what you’re renting out.
For example, this Fat Llama owner is renting out a power washer in London for around 20 pounds per day.
As you can see, they have almost 800 reviews, so they’ve made thousands of dollars by renting out this piece of equipment for cash.
This is a perfect example of how you can invest and make money daily if you buy a useful tool or asset that people are willing to pay for.
9. Invest In Other Small Businesses
Starting your own online business or side hustle is one method to invest to earn money daily.
But, what if you could invest in other small businesses across America to get your money to work for you while helping other entrepreneurs?
Well, that’s exactly what Mainvest lets you do.
With Mainvest, you invest in small U.S. businesses starting with as little as $100 for your investment.
Examples of small businesses you can invest in through Mainvest include:
- Bakeries
- Breweries
- Real estate developments
- Restaurants
There’s currently 400+ investing opportunities on Mainvest.
What’s cool is that businesses outline what investment multiple you get for investing.
For example, one current investment opportunity is a hot dog restaurant that’s operating out of Chicago.
The business currently has $24,500 invested from 77 investors.
It also pays out a 1.5x investment multiple. This means you can get 1.5x your money back, upon which time the business finally stops owing you money.
What’s nice is that Mainvest outlines the risks and SEC filing information so you can do your due diligence.
Business owners also explain their expansion plans or why they need additional funding from investors.
Different businesses have different rates of returns, but it’s possible to double your money if you invest in a promising Mainvest business.
Of course, there are risks like if a business goes bankrupt, so you have to do your due diligence.
Granted, Mainvest has a pretty strict vetting process and only accepts around 5% of businesses that apply to the platform.
Overall, this is one of the coolest ways to invest to earn money daily, especially if you want to help small businesses across the country grow.
Learn more about investing with Mainvest!
10. Fixed-Income Investments
If you want a simple way to invest your money for daily income, you can always consider fixed-income investments.
These investments are typically low-risk and pay a predetermined amount of income for a given timeframe.
Some popular examples of fixed-income investments include:
- Bonds
- Certificates of deposits
- High-interest savings accounts like Oxygen
- Preferred stocks
The downside to this investing strategy is that your returns are usually low because you’re taking on low risk.
And, during periods of high inflation, this is usually a bad call since your investments aren’t appreciating enough to outpace inflation.
That said, this is still a simple way to invest for daily income, so it had to make the cut for this list.
11. Real Estate Debt
Like real estate crowdfunding, another method to invest and make money daily is to help fund real estate projects.
Companies like Groundfloor actually make this very simple as well.
With Groundfloor, you can earn interest by funding short-term real estate loans.
The Groundfloor marketplace has a range of real estate development projects you can browse and choose to fund.
You only need $10 to start investing, and loans have various timeframes, levels of risk, and interest rates.
According to its website, Groundfloor has seen 10.5% annual returns since its inception, and the $10 minimum is as friendly as investing with Fundrise.
That said, real estate debt investing has risks. If developers run out of money and scrap the project, it’s a nightmare to recoup even a portion of your investment.
Groundfloor makes up for this somewhat because the low investing minimum means you can diversify risk by funding numerous loans.
However, you should definitely consider your level of risk tolerance before turning to debt investing.
12. Learn A New Skill
Sometimes, investing in a new skill is much more lucrative than investing in income-generating assets.
I experienced this with things like blogging and making money on YouTube, but there are so many examples of skills you can sell online or in-person once you learn them.
And, you can learn almost anything for free these days with the power of the Internet.
Alternatively, websites like Udemy has incredibly affordable courses on a range of subjects like:
- Coding
- Data science
- Graphic design
- Marketing
- Personal development
- Photography
- SEO
- Web development
What’s nice about Udemy is that there are also very specific courses.
For example, you can even become AWS certified with some Udemy courses, or learn a specific programming language or skill.
Again, this isn’t a traditional example of investing to earn money daily, but a single course can truly change your life or career if you learn a high-value skill.
Tips For Choosing The Best Investment Idea
Now that you know how to invest and make money daily, here are a few tips you can keep in mind to make the process much easier and successful.
- Do Your Research: You should always do your due diligence and research multiple options so you can find an investing idea that matches your goals and level of risk tolerance.
- Ask For Advice: Don’t be afraid to ask for professional financial advice from an advisor if you need a helping hand.
- Try Multiple Ideas: Testing different investing ideas is a great way to discover which methods you enjoy and which methods generate the highest returns for you.
Frequently Asked Questions
How Can I Invest $10 And Make Money?
There are many beginner-friendly passive income ideas that only require $10 to start.
Fundrise and Groundfloor are perfect examples, and both platforms let you invest in real estate with only $10.
Similarly, you can purchase cryptocurrencies on exchanges like Coinbase with just $2. Then, you can stake your crypto to earn passive income.
Finally, Acorns is one of our favorite ways to invest $10 and earn daily since it automatically rounds-up daily purchases and invests. Plus, you can earn cash-back from 350+ partners.
What Can I Invest In To Make Money Fast?
Investing in tools that let you start a side hustle is one way to invest and make money fast. For example, you can start a blog or online business without spending much money and then turn it into an income stream.
There are even more beginner-friendly ideas as well if you get creative.
I mean, you could buy an old Android phone and then try several passive income apps to earn free PayPal money and gift cards.
This is just one example, so don’t be afraid to get creative!
Extra Reading – How To Make $1,000 A Day.
Final Thoughts
I hope our guide on how to invest and make money daily helps you create new income sources for yourself.
There are honestly plenty of ways to diversify your income through investing.
Just be sure to do your research and to consider your goals and level of risk tolerance before choosing an idea.
And remember: there’s nothing wrong with starting less passive side hustles as well.
For example, you can make money with DoorDash or jobs like Instacart in your spare time if you’re just looking for a reliable way to make extra cash on the side.
Best of luck!
Looking for other ways to make extra money? Checkout:
Tom is a full-time blogger and freelance writer with a passion for side hustling, passive income, and the gig economy. His work has appeared on dozens of personal finance websites like Money Crashers, The College Investor, Investor Junkie, and more. This Online World is all about providing people with honest ways to make and save more money by using technology. To learn more about Tom, read his About Page!
If you’re interested in freelance writing services or want to partner with This Online World, please use our contact page to get in touch!