Traffic Cardinal Traffic Cardinal wrote 28.01.2023

How To Invest $1000

Traffic Cardinal Traffic Cardinal wrote 28.01.2023
6 min

Investing $1000

Beginners may find investment tricky: they will have to deal with deep analyses and difficult choices, which by itself demands a lot of knowledge and expertise.

But don't you worry: we've got your back! Hurry up: there are some wonderful ways to invest your $1000!


Is it even possible to trade commodities in 2022? The answer is YES. Find 5 easy steps below!

Step 1. Choose a Commodity Trading Platform. First, you need to choose an online broker that will allow you to trade commodities. eToro is a perfect fit, as its wide selection of commodity markets, low commissions and minimal accounts can drive you over the edge... in a positive meaning of the word if there's one.. You can open an eToro account in less than two minutes.

Step 2: Deposit Funds. The minimum deposit is only $10.

Step 3: Research the Market. Commodities are often inherently volatile. Just be sure you analyzed the relevant market before making a trade. Consider fundamental factors that can affect the market, such as supply and demand, geopolitical events, economic indicators etc.

Step 4. Choose the items you want to trade. When you start trading, use the eToro search bar. Click 'Trade' to fill in the order field.

Step 5. Trade. Now you need to enter the sum of money you want to invest. Click 'Open Trade' to place your order.

So how is it going? Making progress, are we? Some think that one needs to buy gold bars or barrels of crude oil to invest into commodities which isn't exactly true. Many retail clients invest in commodities through ETFs (exchange-traded funds), such as SPDR Gold Trust: it is a large-capitalization ETF physically backed by gold.


Crypto is another great option for investment.

The crypto market is the most interesting asset class in the investment sphere in 2022/2023. But before you go on, always remember that crypto assets carry a high level of risk, so ponder over some strategies - say, asset diversification - that will help you minimize those risks and protect your savings.

Many investors are looking for promising crypto projects besides Bitcoin and Ethereum. The goal is to catch the next major cryptocurrency that will explode, and there are some examples, namely, Tamadoge, one of Web3 tokens. This token creates a metaverse ecosystem that allows users from all over the world to access P2E games. Tamadoge players will mint an NFT which subsequently generates a virtual pet to take care of. There's another option for those who's had enough of tamagochi in the past: you can win crypto rewards, if your pet participates in battles.


This is something that newcomers might want to check out: it won't cost you pretty penny but the result may exceed your expectations.

Let's take UnitedHealth Group stock as a prime example. Popular health care stocks are currently trading at over $500 a share. However, with brokers, investors must make a minimum deposit of $10. It means that investors reaching a low of $10 will buy approximately 2% of the shares. This is suitable for those who have a budget of $1000, because it will allow the investor to diversify into multiple sectors such as retail, technology, banking, oil and gas, consumer goods, and more.

Another benefit of investing in the stock market is that investors have thousands of companies to choose from, and pay attention to the best international exchanges such as the London Stock Exchange, Tokyo and Euronext. What makes them so attractive? Well, obviously making investments without paying any additional fees.

Crypto accounts

Another option worthy of investing is a crypto interest account that is backed by crypto assets. The concept is similar to a traditional savings account where the investor will be paid an interest rate on deposits.

Many providers offer a good interest rate in this niche. For example,, one of the largest crypto exchanges in the US, offers interest-bearing accounts up to 14.5%. The interest offered to the investor will depend on whether they choose a 1-month or 3-month holding period.

In addition, APY (percentage) varies depending on the chosen crypto asset. For instance, Bitcoin pays up to 3% on a 3-month interest account, while Polygon pays 7%. Stablecoins like Tether and Dai that aim to stay pegged to the dollar offer a maximum APY of 6.5%. This may appeal to investors who want to make money without experiencing crypto volatility. That being said, crypto interest-bearing accounts often attract long-term investors who want to earn a return on their savings.

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