The great news is that there are somany different investment ideas out there you can use to create passive income. And you can also invest and make money daily if you invest in assets that compound daily or assets that help you create new income streams.
This post is covering 10+ ways to invest and earn daily profit. Some of these ideas can also be started for free or without much money, so there's plenty of options!
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14 Ways To Invest And Make Money Daily
How To Invest And Make Money Daily
1. Invest In Real Estate
In the past, it took alotof money to invest in real estate. However, thanks to real estate investing platforms, this high capital requirement isn't the case anymore.
In a nutshell, real estate investing companies pool money together from numerous investors to invest in income-generating real estate.
Arrived is one company in this space that lets U.S. investors add income-generating rental units to their portfolios starting with just $100.
Arrived purchases properties like rental units and vacation homes where it can charge rent. As an investor, you get paid quarterly dividends. You can also earn from your Arrived shares appreciating in value.
Arrived is a newer player in the space. But it's incredibly beginner-friendly because of the $100 minimum investment requirement and has thousands of investors on the platform.
Plus, you can try out a variety of other real estate investing platforms as well, including:
- Ark7: Invest in fractional shares of income-generating properties with Ark7’s award winning app. Plus, Ark7 has an active trading market to ensure liquidity, so investors can sell their shares and benefit from monthly appreciation.
- RealtyMogul: Invest in exclusive real estate deals starting with $5,000.
- Fundrise: Lets you invest in income-generating real estate starting at $10.
- EquityMultiple: Another platform specializing in high-yield real estate investments with a $5,000 minimum.
Ultimately, if you want to diversify your portfolio with real estate and invest to make money daily, real estate investing platforms are definitely worth checking out.
Learn more about investing with Arrived!
Fundrise disclaimer: This is an endorsem*nt in partnership with Fundrise. We earn a commission from partner links. All opinions are my own.
2. Open A High-Yield Savings Account
Want a completely hands-off investment idea? Then a high-yield savings account could be the perfect place to park some cash.
And we have some great news: you can use a company like SoFi to earn up to $4.60% APY plus up to $300 in free money.
Here's how the SoFi bonus works:
- $50 Bonus: Requires direct deposits of $1,000 to $4,999.99.
- $300 Bonus: Requires direct deposits of $5,000 or more.
You need maintain the $5,000 monthly direct deposit to earn 4.60% APY. Otherwise, SoFi pays you 1.20% APY, which is still higher than the national average.
We like that this account doesn't charge monthly fees. Plus, the fact it has such a great sign up bonus lets you hit the ground running.
Get up to $300 from SoFi!
3. Invest In Bonds
How would you like to earn 7% APY and earn daily income through compounding? If this sounds up your alley, thenWorthy Bondscould be for you.
This income generating asset pays daily and lets you buy bonds starting at only $10. Interest compounds daily, and Worthy Bonds is offering a special 7% APY rate for a limited time.
Earning 7% APY is an extremely competitive rate. And bonds are popular because they're reliable, fixed-income investments. Plus, Worthy doesn't charge any platform fees or early withdrawal penalties if you want to cash out sooner.
Learn more about Worthy Bonds!
4. Invest In An Online Business
If you want to invest money online to earn daily, I think starting some kind of online business is the best way to start.
I'll give you a personal example: I started WebMonkey back in college as a way to earn money online. The blog cost around $175 between a domain name, WordPress theme, and one year ofSiteGround hosting.
It took years of work and learning to grow this blog. But WebMonkey made $92,000 in 2021. And in 2022, WebMonkey made $272,000!
These days, my blog makes $1,000 a day or more between Mediavine ads and affiliate income. And 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.
There are plenty of other ways to make money with online businesses as well. Some of my favorite ideas include:
- Starting a digital marketing agency
- Dropshipping
- Amazon FBA
- Starting an Etsy print on demandstore
- Selling courses or coaching programs
- Becoming an influencer
Again, this is just scratching the surface, and there are plenty of ways to earn autopilot income online with these business models.
5. Dividend Stocks & ETFs
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. Investing apps like Stash are also a beginner-friendly option you can consider if you live in the United States.
Stash makes it easy to invest in thousands of ETFs and stocks with no add-on commission fees¹. And new members also get a $5 sign up bonus*, so it's an easy way to get free money while beginning your investing journey.
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.
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.
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6. 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 (CDs)
- High-interest savings accounts like Current (includes a nice $50 sign up bonus and pays 4.00% APY!)
- Preferred stocks
- Money market accounts
- Treasury bills
The downside 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.
Pro Tip:Use Raisin to find the best high-yield savings accounts, money market accounts, and CDs. Raisin works with dozens of banks and credit unions to get you the best rates. It doesn't charge fees and only takes $1 to get started.
7. Use Micro-Investing Apps
If you don't have much money to invest, you can always try micro-investing apps to get started. And apps like Acornsare a perfect example you can try if you live in the United States.
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.
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, Kohl's, Nike, Sephora, and 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.
Start investing with Acorns today!
8. Purchase Rentable Assets
Another creative idea you can try to create investment income is tobuy assets and then rent them out for profit. And, 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 gear like cameras and drones on Fat Llama
Marketplaces like Fat Llama are honestly super cool, and you can get very creative. For example, this Fat Llama owner is renting out a power washer in London for around $20 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. And 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 A New Side Hustle
The idea here is pretty simple: you can invest your money into gear or equipment you need to start your own side hustle. And the great news is that there are plenty of low-cost side hustles you can try, including:
- Delivering food with gig apps like Uber Eats or DoorDash (you just need a bike)
- Completing Craigslist cash gigs like cleaning or furniture assembly
- Becoming a handyman with apps like TaskRabbit
- Getting your certification to be a babysitter
- Investing in a lawn mower and basic landscaping equipment
You get the idea. Just think of a simple side hustle you can start and invest some starting cash to get your hustle up and running.
Start making money with Uber Eats!
10. Invest With 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 passive income option for young adults since there's a $0 minimum funding requirement. You can also consider robo-advisors like Wealthfront or M1.
All of these companies lend a helping hand and let you invest on autopilot. And again, you don't need a lot of starting cash to sign up.
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11. Crypto Interest Accounts
Crypto interest accounts are another way you can put your money to work and earn daily interest.
This is also the latest passive income idea I'm trying. For example, companies like Nexolet 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. I'm getting paid in Nexo tokens, the platform's native token.
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.
Just note that you should consider the risks of crypto before deciding to use this investing strategy. And never hesitate to speak with a financial professional to create a strategy that works for your specific situation.
12. 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 to get your money to work for you while helping other entrepreneurs?
This is the concept behind being an angel investor. You invest in startups to help them get off of the ground, and in return, you generally get equity and even a board seat depending on the arrangement.
Of course, there are risks like if a business goes bankrupt, so you have to do your due diligence. And angel investors or silent partners are generally accredited investors who are quite wealthy. But this is still an interesting investment strategy worth mentioning.
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13. Invest In 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 Skillsharehas incredibly affordable courses on a range of subjects like:
- Coding
- Data science
- Graphic design
- Digital marketing
- Personal development
- Photography
- SEO
- Web development
- Video editing
What's nice about Skillshare is that there are also very specific courses. For example, you can even become AWS certified with some Skillshare 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.
14. Peer-To-Peer Lending
One final idea to invest and make money daily is to invest with peer-to-peer, or P2P, lending platforms.
P2P lending involves lending money to other people in return for interest payments, almost as if you're a bank. It's a much riskier type of private lending. But these sorts of debt investments can yield high returns and potentially double your money.
There are alsolotsof P2P lending sites for investors, including options like:
- LendingClub
- Prosper
- Kiva
- Upstart
- Peerform
Just remember: this method of investing for daily income can be very risky since borrowers can default. So, always consider the risk versus reward and do your due diligence.
Extra Reading – The Best Ways To Make Money Doing Nothing.
Tips For Getting Started
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.
Extra Reading – How To Invest $10 To Earn Daily.
Which Online Investment Platforms Pay Daily?
Some of the best online investment to earn daily profit platforms include:
- Acorns
- Worthy Bonds
- P2P lending platforms
- Crypto interest accounts
- Online businesses
The key is to look for platforms and apps where interest compounds daily or to use online platforms that generate daily revenue. This is what I've done with my blog, YouTube channel, and several investments.
Extra Reading – How To Make $1,000 A Day.
Final Thoughts
I hope my 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.
Looking for other ways to make extra money? Checkout:
- How To Turn $10,000 Into $20,000.
- How To Double $50,000.
- The Best Ways To Invest 150K.
Investment advisory services offered by Stash Investments LLC, an SEC registered investment adviser. Investing involves risk and investments may lose value. Holdings and performance are hypothetical. Nothing in this material should be construed as an offer, recommendation, or solicitation to buy or sell any security. All investments are subject to risk and may lose value. This information is for educational purposes only and should not be construed as tax, investment, or legal advice.
*Offer is subject to T&Cs.
1 Ancillary fees charged by Stash and/or its custodian are not included in the subscription fee.
