I would like to start investing a little in the stock market. Use say about 1k. Any starting ideas?
It really depends on many factors, a good investment professional should gather enough information to determine suitable investment strategies.
Without knowing your individual financial situation and knowing the amount of discretionary investment dollars you've allocated, I would say a 10 month dollar cost program at say $100 per month into a Mid or Large Cap Stock Mutual Fund might be something to look at.
Just an idea but you really should talk to an advisor.
Invest in the Royce Low Price Stock Fund symbol RYLPX. I have owned this fund for years and I am glad I did.
If you are going to invest with a relatively small amount, it is best to not be diversified (aka invest in all one stock) so you can avoid losing your returns to trading fees.
Just a helpful tip
Before one starts to put his money in stock market he should find out whether he is looking for a steady income from the stock market or he needs capital to grow in multiples in the future. It is better to put small amount of money at the initial stage.
by Zara Rasul 3 years ago
Is it possible to invest as little as $20 in the stock market?How does one invest a small amount regularly in the US stock market? What is the best way to do this?
by Zara Rasul 7 years ago
Do you invest in the stock market?Buying and selling stocks... is it a legitimate way of making money? Or is it akin to gambling?
by Arian Won 9 years ago
I know the stock market is bad, but I'd like to start investing as I know there are a lot of great bargains out there. So if anyone can recommend any published books that they have read themselves, I would appreciate it.
by HarshitG 6 years ago
Hey,As many would be aware of that stock market is one of better way to invest and reap benefits from . So what i want to know is do you guys really invest in Stock market or stick with Fixed deposits and bank interest ratesHarshit
by young inv 10 years ago
Hello everyone , im 18 and am learning to be a carpenter in my second year , I have recently become interested in investing money i have saved into something , i come up with theories at work about why such and such is a great place to invest my money , but before i take a leap , i need to know...
by marketHEIST 7 years ago
What would you like to know about the stock market and/or investing?
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