MAKE MONEY ONLINE FOR FREE DOING NOTHING
How you can make money doing nothing and if you're thinking to yourself Kevin how the heck can I make money doing nothing well I promise you that by the end of this video you're not only gonna understand exactly how you're gonna be making money online at doing nothing but I'm gonna teach you some very cool ways to make even more money doing even less than nothing if that even exists wait what's less than nothing and so unless you've been hiding under a rock inside of a cave you've probably heard about apps like Robin Hood now Robin Hood, for example, have completely changed the landscape when it comes to investing in the days of old you had to pay etrade and companies like that you know five dollars a trade eight
dollars of trade
dollars a trade every single time that you wanted to buy into stock but Robin
Hood came along and completely changed the market and now you see companies like Schwab and all these different brokerage accounts starting to copy the Robin Hood model charging $0 for trades the app that we're gonna be talking about today has completely disrupted at the model as well and it's a really good idea when you actually think about it because at the end of the day we all are living our lives we're all spending money on Starbucks and buying probably too many pumpkin spice lattes but the truth is you're spending money whether or not you actually think about it and the app that we're gonna be talking about actually allows you to start making money doing nothing differently than you're already doing right now you've probably heard of this guy right here he's pretty well known for having made tens of billions of dollars doing one thing and that one thing is investing now many of us if not all of us know how important investing is we know that it's one of the number one ways that we can actually grow our online income and grow our overall wealth but how many of us actually are actively investing even though everybody knows that you should be investing it still takes so much time and energy to actually you know go out and invest your money fine stocks do the research feel comfortable actually investing your money but what if there is a way to have someone who knows a hundred times more than you about investing invest money on your behalf with literal no work on your part and so the app that we're gonna be talking about today and the way that you're gonna be able to make money online doing literally nothing is called acorn acorn is an awesome way to automate investing for people who don't want to spend their valuable time looking for investments and actually spending time making those
investments basically how acorns works are it will round up purchases you're already making and automatically invest that money on your behalf in an investment strategy that you choose if you want to be very safe and very conservative they'll do that for you and you'll expect to earn a little bit less money but you'll be able to sleep at night or if you'd rather be a little bit riskier with a higher potential for gain acorns will invest your money the exact way that you tell them to and just
an example to hammer this home for the people like me who might not be too good at math if you buy something at Starbucks or McDonald's or if you're trying to be healthy slash find a wife at Whole Foods if you spend two dollars and seventy-five cents for example acorns will automatically round that
$2.75 up to three dollars and then it will invest the difference on your behalf and when you go about signing up for your free acorns account
it will ask you what type of investment strategy you feel most comfortable with if you want to go very safe they'll invest in over 7,000 stocks from thei
p>experts that do nothing else but invest your money for the maximum return in safe investment vehicles like Vanguard and index funds and things like that or if you want to have a higher potential gain you can invest in other stocks that might have a riskier portfolio that have a higher chance of either going down or going up by a larger per centcentorns also has something pretty cool called the roundup multiplier you can set it at 2x or 5x or 10x and basically how that works is in our same example if we spent 275 it would round it up to 3 that's 25 cents that acorns are going to invest on our behalf if we set our round multiplier to 10x instead of being 25 cents it would be 2 dollars and 50 centsif we want to be a little bit more aggre
ssive on how much we're Investing with no work and of course remember if we're investing and if the market is going well which it has been for years we would be actively making money doing nothing not spending any time finding investments not spending any time making those investments not doing any research to evaluate the legitimacy of those investments all we're doing is buying our favourite pumpkin spice latte and we're making money to do and the cool thing about acorns is you can set up a recurring investment strategy if you want to invest things on a daily or a weekly or a monthly basis just to hold yourself accountable and save your money
because I know for a lot of us we might
struggle with saving money and instead
of actually saving our paycheck we just
go out and go to the club buy a Gucci
shirt and all of a sudden we have no
money in our bank
acorns allow you to save that
money on a schedule and it'll invest it
automatically on your behalf this really
starts to add up quickly Albert Einstein
said that compound interest is the
the eighth wonder of the world and he who
understands it earns it and he who does
not pays it and if you understand that
quote it's really powerful even if you
invest just a dollar a day that will
start to add up very very quickly as
your investments start to go upright
cuz if you invest just a dollar a day
that's three hundred and sixty-five
dollars a year if you make a ten per cent
return on that money you're starting to
make a significant amount as the years
pile up and the more you invest every
day or every week or every month the
more potential gains you have another
a cool feature about the acorns app
is what's called the potential setting
and what this is is it will
estimate how much your investment could
be worth if you invested a certain
amount at a specific time interval so
for example, if you invested 150 dollars
per month every month the potential
the setting would show you how much your
thethe investment could be worth in
what amount of time and with over 1.2
billion dollars with a be actively being
managed by acorns you know that they
have some of the best people in the
the world taking care of your money
because of course, their business grows
if the investment grows and so all of
the incentives are aligned which is
super important when it comes to
investors and acorns publicly talk
about how they have over 7,000 stocks
and index funds and Vanguard and all
these different investment vehicles that
are very safe and if you look
at
they from a historical perspective have
gone directly up over the years and of
course there are slight fluctuations up
and down in any market and any
investment but over time the investment
a strategy that acorns are implementing is
the same one that people like Warren
Buffett and some of the best investors
of all time or recommend now a Korres is
completely free for college students and
it's only one dollar a month for its
basic and most common plan so even if
you're investing just one dollar a day
you'll probably pay for the one dollar a
month a monthly fee just with the gains
from your investment so one of the
The coolest thing about acorns is if you
use your referral link both you
and your friend who you get to sign up
get five dollars deposited into your
acorns account and so if you bring you
know five friends you made $25 and last
the time I checked they pay up to two
hundred and fifty dollars in referral
bonuses and so if you go out there and
you find 50 people to sign up for acorns
completely for free for college students
you can make two hundred and fifty
dollars profit literally for spreading
the word about an app that's actually really useful and it's gonna be really helpful and make a lot of people a lot of money who might not otherwise spend their time and energy to invest their hard-earned money and watch that money grow through their investments so if you want to sign up for your acorns account and start investing and start making money and doing it nothing you can check out your acorns account right
learn an even cooler way to start making
$1,000 per week with no job check out
this video right here where I show you exactly how to do it even if you have no experience promise you it'll be a good one see you there yeah what you want to learn how to make $1,000 per week with no job and even
better yes you're gonna be