What are a list of cheap assets for beginners?

You are betting on what we used to call ‘Bigger fool’ profits. You want to buy something and sell it for a profit without doing anything this with it to increase its value. This is not a business model, it is a model to go broke and end up on an episode of hoarders in 10 years.

Meth

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“Pitching pennies” down the street. jk
There is no free lunch or a way to make billions with fifteen dollars.

If you look back to the questions you asked a few years ago about playing the stock market for a few hundred dollars, you can still buy a few shares of $30 – $50 stocks, and they may appreciate and may turn a profit.

You have to do your research to pick good stocks.

The big problem is ” assets that turn a profit.” A profit is merely a positive return, so if you earn an above average return on a total investment of $1,000, your annual return will be about $50 total.

The only way I know how to buy something and turn a profit on it is to make something with it. Crafts and such.

One thing you can do with starting at say 5k is flipping used cars. You will assume a small risk and it takes a little willingness and time to make it work. I know at least two people who have started car lots this way. They would buy cars with small defects that were easily and cheaply repaired and re-sold them for like 25% more. Do that five or six times and you are looking at some real money.

One trick I used that I thought would be good to make a fast $500 minimum was decades ago when we owned a small, cheap travel trailer. I had someone come over and lay really pretty, pastel shag carpet throughout the thing. The first people who looked at it bought it for cash in an hour. Oh; and I put a vase of flowers on the dinette table. Nothing I did was practical.