Startup companies can have the potential to become the next Facebook, Google or Amazon. Being able to invest early in these companies can skyrocket your wealth. For example, if you invested $1,000 in Amazon 20 years ago, then you’d have over $218,000.
While startup investments are riskier, they’re becoming more appealing with the advent of new industries like blockchain and data science. Luckily, you can use several tools like self-directed IRAs, initial public offering (IPO) exchange-traded funds (ETFs) and crowdfunding sites like StartEngine to invest in startups.
