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Not all of us can invest millions of dollars in fancy real estate or start ups, but there are still some investments that even the average Joe can afford. These investments are usually very accessible and have the potential for very high returns. If you're looking to start building your investment portfolio, here are a few investments that cost less than $50.
1. Domain Names
Domain names have made many people very rich in the dot com boom in the 1990's. The market has since become more saturated, but there are still opportunities for small time investors. The domain name, GeorgeBushLibrary.com, expired and was purchased for $10 by Illuminati Karate and was later sold for $35,000. That's an astounding 349,900% return on investment! Domains can be purchased through sites like Register.com, GoDaddy.com, and Domain.com (full disclosure: manhelper.com has no affiliation to Register.com, GoDaddy.com or Domain.com).
If you were able to obtain a piece made by Banksy before his rise to notoriety, you would be able to sell it for a very handsome profit. Although Banksy is merely a graffiti artist, his work has sold for well over $100,000.
3. Sports Cards
If you're looking for examples of companies that have made their early investors very wealthy, take a look at the charts for Microsoft, Exxon, Apple, and Nike. All of these companies display a massive growth in value over time. Sure there are ups and down, but a very obvious upward trend is present. If you're able to research companies early on and invest wisely, the rewards can be great.
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