The 6 Wackiest Investments for Under $100 (2024)

If your savings account isn’t exactly ready for prime time or you are just looking for some weird ways to diversify your portfolio, check out these seven wacky investments. All of them require $100 or less!

1. Invest in a Band

You don’t have to be a major stakeholder in Columbia Records to invest in an up-and-coming band. There are a number of websites that pair individual investors with independent bands that need to raise money to record an album.

The sites let you sample the artist’s music and then you can invest as much as you want in their startup costs with the minimum investment only being $1.00.

Read the terms carefully, but you can often earn interest and royalties on your investment. If you’ve got an ear for talent you might just end up investing in the next Norah Jones or Red Hot Chili Peppers. A good resource to get started isSellaBand.com.

2. Invest in Treasure Hunters

Most of us have had fantasies of discovering buried treasure in the backyard since we were a kid. A few have made full-time jobs out of hunting for old shipwrecks, but for most of us, treasure hunting is something relegated to pulling loose change out of the dryer. However, in the last few years it has now become possible to invest in someone else’s treasure hunt with the possible reward being a share of the loot.

Private treasure hunting companies usually require a several thousand dollar investment from their investors, but one of the biggest companies is actually publicly traded. Odyssey Marine Exploration is traded on the Nasdaq under the ticker symbol OMEX and they havehad some incredible finds over the years.

In 2003 the company found the Civil war era SS Republic and recovered 50,000 coins and 14,000 artifacts. Their stock price tripled the next day. In May 2007 they announced finding the infamous Black Swan site and the 500,000 silver and gold coins buried below. Their stock more than doubled, climbing from $4.08 a share to $8.32 a share within a few hours.

3. Invest in a Piece of Land

Believe it or not, the recession has made it possible to buy plots of land for under $100. A popular place to find cheap land is Ebay where desperate sellers are unloading hundreds of bargain plots everyday. Just this week a corner lot in Michigan was sold for $81 on Ebay. A recent auction also saw a 1/4 acre, 30 miles south of Albuquerque, NM, sold for only $52.55.

Of course there are additional costs to owning land such as a title transfer fees and yearly property taxes and there is also no telling what the property will be worth in the future. But you might just strike gold if a Wal-mart decides they need your land for a new shopping center.

4. Invest in a “Second Life”

It’s been compared to “Sim City” on steroids and it has quickly grown into a world-wide obsession the last few years. Second Life is a virtual world that allows users to have virtual families, buy virtual goods, and even get a virtual job. Purchases on Second Life are made with Linden dollars and Linden dollars have developed real world value as the game’s popularity has increased. Linden dollars are even sold on Ebay!

The game is free to play, but there are a number of investment opportunities that could require a start-up cost. Some players have made money by buying virtual real estate, fixing it up, and reselling in back on the Second Life market. Others have created a popular product to sell in the marketplace or opened up a retail store to sell goods to fellow players.

5. Invest in a Sports Team

In less you’ve got a country club jacket and an Amex Black, chances are that you will never own a sports team franchise. However, you can own a piece of it just by buying a few shares of publicly traded companies on the stock exchange. The New York Times (NYT) owns 18.5% of the Boston Red Sox and Madison Square Gardens (MSG) owns both the New York Knicks and the Rangers.

The New York Times is currently trading for a little under $10 a share and Madison Square Gardens hovers near $25, which means for a very little investment you can own a piece of one of the most popular sports teams in the country. The New York Times might not be the most prudent investment, but at least you can tell your friends that you own .00001% of the Boston Red Sox. (Update July 2013- The New York Times has sold its stake in the Boston Red Sox)

6. Invest in World Peace

Oprah recently made Kiva.org famous by declaring it as one of her “favorite things”. Kiva’s slogan is “loans that change lives” and it is built upon allowing individuals to invest in small businesses around the world.

Many of the business are run by underprivilegedfamilies who are working towards a better life. Sample loans include an opportunity to invest in a family coffee business in Bolivia and another includes a man in Uganda who needs a $175 loan to grow tomatoes.

You can invest as little as $25 in each business and the loans are usually repaid within a year. The investment won’t earn any interest on your money, but you might gain some serious karma which is probably more valuable in the long run anyway. Kiva boasts that they have a repayment rate of 98.91% and will return your money via Paypal when the loan is repaid.

This article contains general information and explains options you may have, but it is not intended to be investment advice or a personal recommendation. We can't personalize articles for our readers, so your situation may vary from the one discussed here. Please seek a licensed professional for tax advice, legal advice, financial planning advice or investment advice.

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The 6 Wackiest Investments for Under $100 (2024)

FAQs

What is the best stock under $100? ›

Why You Should Consider Investing in Stocks Under $100
  • Accessibility and Diversification. There are several reasons why stocks less than $100 are most attractive. ...
  • Building a Strong Foundation. ...
  • Pfizer (NYSE: PFE) ...
  • Chewy (NYSE: CHWY) ...
  • Walmart (NYSE: WMT) ...
  • Stride (NYSE: LRN) ...
  • AstraZeneca (NASDAQ: AZN) ...
  • Financial Health.
Jul 22, 2024

How to turn $100 into $1,000 investing? ›

10 best ways to turn $100 into $1,000
  1. Opening a high-yield savings account. ...
  2. Investing in stocks, bonds, crypto, and real estate. ...
  3. Online selling. ...
  4. Blogging or vlogging. ...
  5. Opening a Roth IRA. ...
  6. Freelancing and other side hustles. ...
  7. Affiliate marketing and promotion. ...
  8. Online teaching.
Apr 12, 2024

What is a good $100 investment? ›

With $100, you could buy a few shares of a company with a lower stock value or purchase fractional shares of high-revenue companies. Many micro-investing apps allow you to get started with just $1. Just be sure to review the service for any trading fees or monthly fees that may impact your earnings.

What is the most successful investment? ›

The U.S. stock market is considered to offer the highest investment returns over time. Higher returns, however, come with higher risk. Stock prices typically are more volatile than bond prices. Stock prices over shorter time periods are more volatile than stock prices over longer time periods.

Which stock is best to buy below $100? ›

Best Stocks Under Rs 100: An Overview
  • Allcargo Logistics Ltd. ...
  • Trident Ltd. ...
  • Bank of Maharashtra Ltd. ...
  • Ujjivan Small Finance Bank Ltd. ...
  • Equitas Small Finance Bank Ltd. ...
  • IRB Infrastructure Developers Ltd. ...
  • Indian Overseas Bank. ...
  • TV18 Broadcast Ltd.
Jul 25, 2024

What are the cheapest but best stocks to buy? ›

The best cheap stocks to buy
CompanyShare priceForward P/E ratio
Amcor (AMCR)$10.0713.6
Arcadium Lithium (ALTM)$3.4513.5
Kosmos Energy (KOS)$5.556.0
Valley National Bancorp (VLY)$8.179.5
1 more row

How to turn 100.000 into a million? ›

Buy a low-cost index fund that tracks the S&P 500; your $100,000 could grow to $1 million in about 23 years. You'll get there even faster by investing additional funds. Add $500 monthly and reach $1 million in just 19 years. Of course, past results don't guarantee future outcomes, but history is on investors' side.

How to double my $1,000 dollars? ›

Here's how to invest $1,000 and start growing your money today.
  1. Buy an S&P 500 index fund. ...
  2. Buy partial shares in 5 stocks. ...
  3. Put it in an IRA. ...
  4. Get a match in your 401(k) ...
  5. Have a robo-advisor invest for you. ...
  6. Pay down your credit card or other loan. ...
  7. Go super safe with a high-yield savings account. ...
  8. Build up a passive business.
Apr 15, 2024

Is Coca-Cola a good stock to buy? ›

Coca-Cola (KO) is a great defensive play in a volatile market with a beta of just 0.19, according to IBD MarketSurge. Coca-Cola stock pays a 2.73% dividend yield, and income investors might consider a strategy known as a covered call to further enhance the yield.

What are three good stocks to invest in? ›

7 of the Best Long-Term Stocks to Buy
  • Apple Inc. (ticker: AAPL)
  • Enterprise Products Partners LP (EPD)
  • Johnson & Johnson (JNJ)
  • JPMorgan Chase & Co. (JPM)
  • Prologis Inc. (PLD)
  • Southern Co. (SO)
  • Target Corp. (TGT)
Jul 25, 2024

How to use 100 dollars to make more money? ›

You can invest $100 in several high-risk ways, including:
  1. Individual stocks. In addition to their volatility and risk, individual stocks can also provide high returns.
  2. Options trading. There is a great deal of risk involved in options trading as an investment strategy.
  3. Venture capital.
Jan 10, 2024

What is the safest investment with the highest return? ›

Here are the best low-risk investments in July 2024:
  • High-yield savings accounts.
  • Money market funds.
  • Short-term certificates of deposit.
  • Series I savings bonds.
  • Treasury bills, notes, bonds and TIPS.
  • Corporate bonds.
  • Dividend-paying stocks.
  • Preferred stocks.
Jul 15, 2024

What investment is best for beginners? ›

Best ways for beginners to invest money
  • Stock market investments.
  • Real estate investments.
  • Mutual funds and ETFs.
  • Bonds and fixed-income investments.
  • High-yield savings accounts.
  • Peer-to-peer lending.
  • Start a business or invest in existing ones.
  • Investing in precious metals.
Jul 18, 2024

What does Warren Buffett invest in? ›

Buffett Watch
SymbolHoldings
Coca-Cola CoKO400,000,000
Davita IncDVA36,095,570
Diageo plcDEO227,750
Floor & Decor Holdings IncFND4,780,000
46 more rows

What stocks are worth $1 dollar? ›

Best Penny Stocks Under $1 to Buy Today
  • AREB-5.80% AREB - NASDAQAmerican Rebel Holdings Inc. Volume: 215775. ...
  • ISPC-1.96% ISPC - NASDAQiSpecimen Inc. Volume: 663506. ...
  • KSCP-4.43% KSCP - NYSEKnightscope Inc. Volume: 2.51M. ...
  • DNA-2.63% DNA - NYSEGinkgo Bioworks Holdings Inc. Class A. ...
  • CDT-8.21% CDT - NYSEConduit Pharmaceuticals Inc.
Jul 16, 2024

What is the most profitable stock to buy right now? ›

The 9 Best Stocks To Buy Now
Company (Ticker)Forward P/E Ratio
Alphabet, Inc. (GOOG, GOOGL)13.2
Intuitive Surgical, Inc. (ISRG)52.2
Tapestry, Inc. (TPR)12.3
TopBuild Corp. (BLD)18.2
5 more rows
Jul 1, 2024

Is $100 too little to invest? ›

Investing just $100 a month can actually do a whole lot to help you grow rich over time. In fact, the table below shows how much your $100 monthly investment could turn into over time, assuming you earn a 10% average annual return.

What stocks to buy immediately? ›

Sign up for Kiplinger's Free E-Newsletters
Company (ticker)Analysts' consensus recommendation scoreAnalysts' consensus recommendation
Elevance Health (ELV)1.44Strong Buy
Boston Scientific (BSX)1.44Strong Buy
CrowdStrike (CRWD)1.44Strong Buy
Uber Technologies (UBER)1.45Strong Buy
21 more rows

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