Trading stocks through platforms like Robinhood or TD Ameritrade is well known. But there are other types of investments you can make online besides stocks.
I like to take a small percentage of my investment money and experiment with different types of investments. Some turn out to be profitable, while most are just novel ways to lose your money (classic 80/20 rule).
Here are some of the ones that worked for me, and a few that I haven't tried yet, but find intriguing.
1. Coinbase
At this stage in the game, cryptocurrencies are pure speculation. I would advise against owning cryptocurrencies if you're just following the crowd. However, if you understand the technology and believe it has a bright future as I do, then Coinbase is probably the best way to start. Despite the recent meltdown in crypto prices, I've done well with my crypto investments on Coinbase (I started in 2016 and steered clear of the shitcoins).
