One of the newest ways out there to invest your money is Fundrise. I am currently using Fundrise as a long term investment vehicle.

Fundrise is a real estate investment company that utilizes an online platform to allow people to invest in real estate. Real estate is one of the best vehicles for parking your money and watching it grow. With Fundrise you do not need a large amount of money to get started. The historical returns rival that of the stock market.

Fundrise’s main product is REIT, real estate investment trusts. These type of funds generally invest in income-produce real estate deals through buying and managing properties.

Fundrise allows people to buy into one of three investment plans. The plan you choose will determine how the money you invest is allocated. For me, I plan on using my account for long term growth. The historical returns are hard to beat.

So, I’m starting off with $1,000 and I am going to see how my account grows.

My plan will be to use Fundrise as one of my main investment vehicles that I routinely contribute to. So, I have set my automatic investment on the platform to contribute $1000 per month.

If I stay the course and continue to invest $1000 per month for 5 years, I am projected to have just about $78,000. 5 years is the minimum they recommend for allowing your money to grow. If there is a critique of Fundrise, it is that their goal projector limits how much you can contribute. Not sure if there is an actual limit or whether they just created the tool for projections with this weird limitation.

The one thing about Fundrise that you want to make sure of is that you truly plan to just leave this money in there and allow it to grow. There are a number of caveats around liquidating your account and trying to get your money out. So, if you use Fundrise, plan on using it as a long term investment account.