FundRobot » Investment Fund » I don't have much money and want to start investing. What can I do?

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Old   #1 (permalink)
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Default i don't have much money and want to start investing.

i don't have much money and want to start investing. . i don't have much money and want to start investing.

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Old   #2 (permalink)
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Default i don't have much money and want to start investing.

you can go to your bank and you can start a saving account . If you keep your money in there for so long they will pay you with intrest . you could also buy stalk or savings bonds (:
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Default i don't have much money and want to start investing.

start investing in library card for free education
so u do not lose or burn up your money.

u will get best investment.
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Default i don't have much money and want to start investing.

Before beginning to invest, it might be a good idea to accumulate some money in a savings account to use for unexpected expenses. Investing is a longer term thing and it's better if you don't have to pull money out to fix your car, replace your roof, etc.

Once you have a sufficient amount of savings and want to start investing, there are a number of different options. My personal favorite is stocks. Not only do they have a better average return over then long term than any other asset class, but they're much easier to buy and sell than something like real estate, art, classic cars, etc.

When starting out with a small amount to invest and assuming that you don't need the money for several years, my personal opinion is that the best thing to do is buy a no-load mutual fund with low expenses (from a company like T. Rowe Price or Vanguard) that tracks a major stock index (e.g. S&P 500, Mid-Cap 400, Russell 2000). It's important in stock investing to spread your investment across different stocks in different industries so that if one stock or industry hits tough times, it doesn't destroy your whole investment. With small amounts of money, the commission to buy just a few shares of a bunch of different stocks would seriously eat into your investment. Mutual funds based on an index like I mentioned have their investment spread across many stocks in many industries so you get that diversification without having to pay a bunch of commissions to buy the different stocks yourself.
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