Question: How much $ do I need to start investing?
My friend Anette asked me: How much money do I need to get started with investing?
The minimum to get started investing in a company is really the price of the stock.
Find the price of your “wonderful company” - you can get started buying just 1 share and add more over time.
Remember, we only invest in wonderful companies.
So to us value investors, the answer is not simple, because we don't just pick a stock and invest it. We do our due diligence and a lot of work before we invest. We see ourselves as owners of the company and by buying a stock we are buying a piece of that company.
The minimum to get started investing in a company is really the price of the stock.
Find the price of your “wonderful company” - you can get started buying just 1 share and add more over time.
Remember, we only invest in wonderful companies.
So to us value investors, the answer is not simple, because we don't just pick a stock and invest it. We do our due diligence and a lot of work before we invest. We see ourselves as owners of the company and by buying a stock we are buying a piece of that company.
“If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes.”Warren Buffett
You have a little savings you can invest
Because of fees I recommend buying stocks for $1000 per order... If you have the money. Though interest rates are extremely low, don't borrow money to invest.You have a some savings to invest
If you have savings, and you've used my checklist and found that wonderful company. Put at least 10% of your funds allocated for investing in that stock to get started. Later, if it felt good to enter the company and the price is still reasonable - invest 4 more tranches (portions) of your funds in the company. How big a percentage of your overall funds you should invest in your wonderful company, is something you have to determine. Via coaching I can help you get a concrete and detailed investing strategy - read more here.Remember: I’m not a financial advisor and I don’t know your financial situation. Invest wisely. This blog post is for educational purposes only.
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