FundRobot » Investment Fund » Is 1000 dollars enough to invest in the Stock Market?

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Old   #1 (permalink)
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Default Is 1000 dollars enough to invest in the Stock Market?



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Old   #2 (permalink)
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Default Is 1000 dollars enough to invest in the Stock Market?

only and only if you have your $1,000 emergency savings in place in savings.
Dave Ramsey.com
most good brokerages may want 3K to 5K to open an account though.
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Old   #3 (permalink)
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Default Is 1000 dollars enough to invest in the Stock Market?

Yes.

You could invest in either stocks or in mutual funds. A thousand dollars isn't a lot to invest, but it's sure enough to start.

And there are plenty of plans--both mutual funds and through individual stocks--that once you have the initial account or purchase, you can invest quite small amounts--for instance $25 or so--every month. That's easy to set up through mutual funds. For individual stocks, do an online search for "sharebuilder" or ask the broker or company how to do automatic investments and reinvestments.

Hope that helps.
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Default Is 1000 dollars enough to invest in the Stock Market?

Yes that's a perfectly okay amount

I'd recommend using $2000 but half that is fine

Use Scott trade it's $7(lowest) to make a trade and requires no minimum account balance
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Old   #5 (permalink)
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Default Is 1000 dollars enough to invest in the Stock Market?

Sorry for pissing in the pool, but it is not. I mean, it may be when you would like to learn about principles, transactions etc., but call it live training, not investing. Why? Basically most people would like to become filthy rich or at least well off thanks to markets. I am assuming you are one of them... so would like to remind you do have to multiply the money by 1000 only to achieve a lousy $ million. Is this possible? Yes. Bad news we are talking about theoretical chances.
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