How to invest when you’re flat broke
For all the great strides Wall Street has made in making investing easy and affordable for the average person over the past few decades, investing still costs money.
Most mutual funds have minimums in the thousands of dollars (not hundreds), and brokerage commissions make buying individual stocks prohibitively expensive if you only have a little to invest. Even so, the power of compounding makes it imperative that you start investing as early as possible, even if you don’t have a lot of spare cash.
So, how to invest when you don’t have much cash?
Source: Amature Asset Allocator
For all the great strides Wall Street has made in making investing easy and affordable for the average person over the past few decades, investing still costs money.
Most mutual funds have minimums in the thousands of dollars (not hundreds), and brokerage commissions make buying individual stocks prohibitively expensive if you only have a little to invest. Even so, the power of compounding makes it imperative that you start investing as early as possible, even if you don’t have a lot of spare cash.
So, how to invest when you don’t have much cash?
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