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1. Generate a diversified passive income stream through Yieldstreet

Gigantic big and large luxury mega or super motor yacht on the ocean.
Jeanette Dietl/Shutterstock

Yieldstreet offers retail investors a chance to receive passive income through a variety of alternative investments — opportunities that have traditionally been available only to the ultra-rich.

Through the platform, you can access asset classes that typically have a low correlation to the stock market including luxury vehicle finance, commercial real estate, and even marine finance.

Uniquely, this platform also offers a wide range of investment minimums, so you can find the passive income opportunities that are just right for you.

Case in point: Yieldstreet’s Prism fund lets you build a high-quality, multi-asset fixed-income portfolio with a minimum investment of just $500.

You’ll receive quarterly cash distributions. And, of course, you’ll benefit from any long-term appreciation on top of that.

Sign up easily and join 300,000+ members today.

Contemporary art has outperformed the S&P 500 by 131% for the past 26 years. Join the exclusive platform to invest in million-dollar works by artists like Banksy, Basquiat, and more. Get started today and diversify your portfolio with art.

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2. Invest in iconic paintings by world-famous artists

Young female visitor looking reflective while sitting on a bench and admiring the various paintings on the wall of an art gallery
antoniodiaz / Shutterstock

You might think that investing in fine art by the likes of Banksy and Andy Warhol is only an option for the super-wealthy.

But with an investing platform called Masterworks, you can invest in iconic artworks too, just like Jeff Bezos and Peggy Guggenheim.

On average, contemporary artworks appreciate in value by 14% per year, which is significantly higher than the average returns of 9.5% you’d see with the S&P 500.

And investing with Masterworks lets you bypass a lot of the drawbacks of art investing — you won’t need to scour garage sales looking for a lost work by a master, and you won’t have to scramble to find a buyer if you need to sell your shares fast.

Masterworks is the one of the first art investment platforms, and it’s available by invite only.

If you want to own a piece of art history — and take the next step towards your first million — you can request an invitation by clicking this link.

3. Get a free stock worth up to $225

Robinhood makes investing accessible for anyone by charging no fees through its easy-to-use investment app.

You’ll get one full share of a stock worth up to $225 when you sign up for a free account.

Opt for ready-made plans designed to meet your investment goals, or choose individual stocks yourself — you’ll pay zero commissions on trades. The app lets you buy and trade stocks, options, ETFs and even cryptocurrencies, so you’ll have a wide range of investment options no matter what you’re passionate about.

When you sign up, you’ll get a free share of stock chosen at random from the most popular companies on Robinhood such as Pinterest, Etsy or Disney.

Acorns rounds your everyday purchases to the nearest dollar and invests your spare change. That means any spare change from your daily spending – gas, coffee or groceries – will go towards building your wealth. Get up to $20 when you sign up with this special link.

Get Started

4. Get paid $10 for saving your spare change

Woman enjoying sea air on autumn beach before thunderstorm.
selenitphoto / Twenty20

This is as easy as saving money can possibly get: Acorns lets you invest spare change while you shop.

Here’s how it works: Say you buy your morning latte for $2.25. Swipe your card, and Acorns automatically rounds up the purchase to $3, and sticks the leftover $0.75 into your investment portfolio. Like a super-charged piggy bank.

Don't worry if you're not sure what to invest in — Acorns offers various portfolios designed by experts that can be customized based on your investing goals. Just connect any debit and credit cards you use to your Acorns account, and the app automates everything for you.

Plus, when you sign up with this link, Acorns will add a $10 bonus to your account as soon as you make your first investment. That’s like filling up your whole coffee punch card!

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About the Author

Dana Sitar, CEPF®

Dana Sitar, CEPF®

Freelance Contributor

Dana Sitar has been writing and editing since 2011, covering personal finance, careers and digital media. She’s written about work and money for The New York Times, Forbes, CNBC, The Motley Fool, a column for Inc. and more.

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Disclaimer

The content provided on Moneywise is information to help users become financially literate. It is neither tax nor legal advice, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional. We make no representation or warranty of any kind, either express or implied, with respect to the data provided, the timeliness thereof, the results to be obtained by the use thereof or any other matter.