2006-08-23 17:49:23 · 16 answers · asked by cassicad75 3 in Business & Finance ➔ Investing
There are mutual funds that have low initial investment amounts. $250 or $500. Then you can add additional money periodically in much smaller amounts $50 for example. American Funds has an initial investment of $250 and subsequent investments of $50.
American Funds has a front end load, but that is offset by a low expense ratio. They also have a class C shares that do not have a front end load but a much higher expense ratio.
Bruce Fund, a fund with an outstanding track record, has a minimum initial purchas amount of $1000 and subsequent amounts of $500. It is a no-load fund. Its expense ratio though is about twice that of American Funds class A shares.
2006-08-24 00:16:32 · answer #1 · answered by Anonymous · 0⤊ 0⤋
$100 if you want somebody else to do your forex trading. Occasionally, like now, a quality fund will open with a minimum entry that low. But generally the ask is imn the thousands, like around $5,000. There are several funds that can generate awesome returns, way better than you'll probably ever hope to. Check out the message boards. There are funds to be found if you look. You can expect a well managed fund to consistently generate 10% a month compounding. A more aggressive fund run by a similar team might ave 20 to 30%, but it will be subject to far greater volatility. Once you find a fund like this, stay in it and be prepared to diversify under the same team if you can, since you know that they have a track record and are not thieves.
2006-08-24 01:38:41 · answer #2 · answered by Anonymous · 0⤊ 0⤋
You can invest with as little as $100, depending on the price of the stock you are interested in. Just a word of advice, financial experts say you should not invest in the stock market if you are carrying debt (credit cards, loans, etc). Invest ONLY with SURPLUS income. Investing involves risk, and you should always be prepared to lose what you invest. If you have debt, it will drive you farther into it.
So if your bills are paid up and there's extra to spare, take a chance on the market! Good luck!
2006-08-24 00:54:37 · answer #3 · answered by Lori 3 · 1⤊ 0⤋
You can start investing with $ 500.00 ( five hundred). Join an investment club
and learn investing and get experienced. Usually you have to add $25 each month. You will get your shares in Investment club with your money. Find out
the NAIC club site from Google. ( National Association of Investment Club
has list of clubs in your area). When you get experienced you wil be able
to choose good stocks for investment.
2006-08-28 17:09:03 · answer #4 · answered by Pk D 3 · 0⤊ 0⤋
The lowest I have ever seen (and simplest) is 20$.
You can do this at buyandhold.com
They are very helpful and for 8$ a month you get an account and three trades each month. The minimum like I said is 20 bucks per trade.
2006-08-24 02:57:08 · answer #5 · answered by Simple green is people! 3 · 0⤊ 0⤋
It depends on what you want to invest in. I could buy something at a garage sale for $1 and sell it for $5. Or I could invest $1000 in a mutual fund or IRA. Or I could buy a fraction of a stock share through a broker or a friend.
So what did you want to invest in?
2006-08-24 00:53:08 · answer #6 · answered by gtn 3 · 0⤊ 0⤋
$100
2006-08-28 20:56:17 · answer #7 · answered by troyboy 4 · 0⤊ 0⤋
Save as much as you can, in the mean time, learn how to invest the right way. at least 10k. FIRST LEARN HOW TO INVEST THE RIGHT WAY.
Yes you could learn invest by yourself. it is your money, you should know how to do with it. for starter check this site out.
http://www.pathtoinvesting.org/index_fla...
http://www.stockcharts.com
http://www.streettalklive.com>... university. a lot amount of information. It will serve you well
I accumulate in good amount in 401k at the young age.I could share with you. when consider invest in stock market. you should consider basic 3 things:
fundamental analysis==(economic data,finincial health, management, business model, competetion)>>what to buy
technical analysis==(chart+indicator)>> when to buy
Sentiment/schycho analysis==>>mood of investor, Contrarian point of view.
Market cycle===>> check out book Trader Almanac by jeff hirsch will give you inside stuff
When you combine 3 thing, It is one of the powerful knowledge going with you for the rest of your life
At the age of 32. my 401k is amassed 73,000.00 and 30000.00 in taxble account. by follow simple rule
2006-08-24 02:07:50 · answer #8 · answered by Hoa N 6 · 0⤊ 0⤋
It really depends on what you want to invest. Stocks is $1k. Land is $10k. Real estate is $100k. If you talking about wine, art, comics, toys, old coins, it could be even $1
2006-08-24 01:43:53 · answer #9 · answered by Baby_Apocalypse 4 · 0⤊ 0⤋
100 I think read some investing tips on this site
2006-08-24 00:52:02 · answer #10 · answered by john 2 · 0⤊ 0⤋