EASY Methods To Invest $10 and Earn Daily (7 Passive Income Ideas)

This post may contain affiliate links. Please read our Disclosure policy for more information.

Looking to invest $10 and earn daily?

I put together some great options to help you make money daily from your investments. Let’s dig in!

Here’s the quick rundown:

Invest in Index Funds with Acorns

If you’re looking to invest $10 and earn daily, Acorns offers an easy and automated way to invest your spare change or small amounts of money.

You only need $5 to get started and you’ll get $20 in free money when you open a new account here.

Acorns invests your money in index funds, which are a type of investment that tracks the performance of a specific market index. By investing in index funds, you can diversify your investment portfolio across asset classes and minimize your risk.

Acorns offers fractional shares, which means you can invest in stocks and other assets with small amounts of money. This is ideal for micro-investing and allows you to build wealth over the long term. Acorns also offers free stock when you sign up for an account, which can help you make $10 a day or more.

When you set up your Acorns account, you’ll be asked about your risk tolerance. This is important because it helps Acorns determine which index funds are best for you. If you’re comfortable with more risk, you may be invested in more aggressive index funds. If you’re more risk-averse, you may be invested in more conservative index funds.

Acorns charges a management fee on small accounts, so it’s important to keep this in mind when deciding how much to invest. However, the convenience and ease of use of Acorns can make it a great option for those who are new to investing or who want to start investing with small amounts of money.

>> Register for Acorns and get $20!

Invest in Cryptocurrency with Binance

If you’re looking to invest $10 and earn daily, cryptocurrency is a great option.

Binance is a popular cryptocurrency platform that allows you to buy, sell, and trade a wide range of cryptocurrencies, including Bitcoin, Ethereum, and more.

One of the benefits of using Binance is their low fees. They offer some of the lowest fees in the industry, making it an affordable option for those looking to invest small amounts of money. Additionally, Binance offers a variety of ways to earn passive income on your cryptocurrency holdings.

Check Out -  8 Passive Income Ideas - That Makes $5,500 Weekly

Binance Earn is a portfolio of cryptocurrency products designed to provide you with passive income on your idle assets. With Binance Earn, you can start saving, staking, or even becoming a liquidity provider in DeFi markets to earn passive income on bitcoin, stablecoins, altcoins, and more.

Another way to earn daily with Binance is through their Invest Feature. By choosing the right cryptocurrencies and following a few simple strategies, you can increase your chances of making $10 per day on Binance Invest Feature.

In summary, Binance is a great option for those looking to invest $10 and earn daily in cryptocurrency. With low fees and a variety of ways to earn passive income, it’s a platform worth considering for your investment needs.

Open an Account with Tellus

If you’re looking to invest $10 and earn daily, opening an account with Tellus could be a great option for you.

Tellus offers a high-yield savings account with a competitive interest rate of up to 7% APY. This is significantly higher than the average interest rate offered by traditional savings accounts, which is only 0.45%.

One of the most notable features of the Tellus Boost account is its Boost rewards program. This program allows you to earn additional rewards on top of your interest earnings by completing certain actions, such as referring friends or setting up direct deposit. These rewards can help you maximize your earnings and reach your financial goals faster.

Opening an account with Tellus is easy and straightforward. You can sign up online in just a few minutes and start earning interest immediately. Tellus also offers easy liquidity, meaning you can withdraw your funds at any time without penalty.

Here are some key features of the Tellus Boost account:

  • Zero term of investment
  • Target return of 5.75% — 6.1%
  • Easy liquidity
  • Open to all investors

In summary, if you’re looking to invest $10 and earn daily, opening an account with Tellus could be a great option for you. With a high-yield savings account and a competitive interest rate, as well as the Boost rewards program, Tellus can help you maximize your earnings and reach your financial goals faster.

Invest in Rental Properties with Arrived

If you’re looking for a way to invest your money and earn passive income, investing in rental properties could be a great option.

Check Out -  8 Passive Income Ideas - That Makes $5,500 Weekly

With Arrived, you can invest in real estate with as little as $100 and earn quarterly dividends.

Arrived is a real estate platform that allows users to buy fractional shares of individual rental homes.

The company crowdsources capital to buy rental properties and holds them for at least 5–7 years, during which the property appreciates in value.

Every quarter, Arrived transfers your portion of the rental cash flow to your saved bank account.

In their 2022 Q3 financial report, Arrived reported investing in 184 homes with a total market value of $67 million. Total combined returns on these properties have been between 4.7% and 12.8% annually. As an investor, you can earn dividends from rental income and also benefit from the appreciation of the property value over time.

Investing in rental properties with Arrived is a great way to diversify your portfolio and earn passive income. You can invest as little as $100 and earn quarterly dividends while the property appreciates in value. Plus, with Arrived, you don’t have to worry about the day-to-day management of the rental property, making it a truly passive investment option.

Overall, Arrived is a great option for those interested in real estate investing and looking to earn passive income through rental properties. With Arrived, you can invest in real estate without the hassle of managing a rental property yourself.

Open a High Yield Savings Account

If you want to invest $10 and earn daily, opening a high-yield savings account is a great option. High-yield savings accounts offer higher interest rates than traditional savings accounts, which means you can grow your wealth faster. These accounts are also a safe place to keep your emergency fund.

When choosing a high-yield savings account, look for a reputable bank or financial institution that offers a competitive interest rate. CIT Bank is a popular option, offering a high-yield savings account with a 0.55% APY as of October 2023. Other banks like Ally Bank, Marcus by Goldman Sachs, and Synchrony Bank also offer high-interest savings accounts.

One of the benefits of a high-yield savings account is compound interest. This means that the interest you earn on your initial investment is reinvested, which leads to even more interest earnings. Over time, this can significantly increase your wealth.

To open a high-yield savings account, you will typically need to provide personal information such as your name, address, and social security number. You may also need to make an initial deposit, which can vary depending on the bank or financial institution.

Overall, opening a high-yield savings account is a smart choice if you want to invest $10 and earn daily while keeping your money in a safe and reliable place.

Check Out -  8 Passive Income Ideas - That Makes $5,500 Weekly

Invest in Bonds

If you are looking for a relatively safe way to invest $10 and earn daily income, you may want to consider investing in bonds. Bonds are fixed-income investments that pay interest at a predetermined rate. They are generally considered less risky than stocks, making them a good option for investors with a low risk tolerance.

There are different types of bonds, including government bonds and corporate bonds. Government bonds are issued by the government and are considered to be the safest type of bond. Corporate bonds are issued by companies and are considered to be riskier than government bonds.

To invest in bonds, you can use platforms like Stash or Public. These platforms allow you to invest in bonds with as little as $5. You can also invest in bonds through mutual funds or exchange-traded funds (ETFs). Fundrise, for example, offers a REIT (real estate investment trust) that invests in bonds.

Another option is to invest in bonds through Worthy Bonds. Worthy Bonds allows you to invest in bonds with as little as $10. The bonds are secured by assets of creditworthy borrowers, making them a relatively safe investment option.

When investing in bonds, it is important to consider your risk tolerance and investment goals. Bonds can provide a steady stream of income, but they may not offer the potential for high returns that stocks or preferred stock can.

Start an Online Business

Starting an online business can be a great way to diversify your income and potentially invest and make money daily. Whether you’re looking for a side hustle or want to build a small business, there are many options available to you.

One popular option is to sell products on platforms like Amazon, eBay, or Facebook Marketplace. You can also offer services as a freelancer on sites like Upwork or Fiverr. Another option is to start your own website and monetize it through affiliate marketing or advertising.

For those looking for a side gig, consider delivering food with DoorDash or walking dogs through sites like Rover. You can also earn extra cash by completing online surveys through Survey Junkie or Swagbucks, or by signing up for InboxDollars.

No matter what route you choose, it’s important to do your research and make informed decisions. Consider seeking advice from a financial advisor or doing your own research to ensure you’re making the best choices for your financial goals.

Final Words

Investing $10 and earning daily is easier than you think. I highly recommend opening an account with Acorns to start investing in the stock market to get started.

Leave a Reply