How to start investing with as little as 1-5 dollars
Are you a student, a worker, married or single, a man or a woman? It doesn’t matter because investing is for everyone! It’s not all about just saving your money, although saving is good, you also have to invest your money. Saving doesn’t actually make you more money, you’re only storing your money somewhere safe when you save. But when you invest, your money is actually making you more money without you having to do any extra work! doesn’t that sound great?
Now I know investing can sound scary or intimidating to some people because they don’t really understand where to start from, but I promise it’s not as hard or complicated as you might think. Recent technology has made it easier than ever for someone who has no prior knowledge on investment to start safely investing today and you could even start with as little as 1 dollar.
There are many safe, low risk investment opportunities for beginners who are quite skeptical, these instruments offer slow but steady returns and are perfect for those just starting who don’t want to risk losing their hard earned money. And in my future blog posts, I’ll talk about these different stocks, ETF’s, mutual funds etc.
Okay so how can you start investing today with only $1? If you’re living in Africa, there is an app called Bamboo, they offer hundreds of US stocks for you to invest in. So if you’re an African who has always wanted to invest in dollars but hasn’t been able to, look no further, Bamboo is here to save the day! You add your money in your local currency and they convert it into dollars for you and from there you can invest in whatever stocks of your choice right from your phone! All their accounts are insured up to $500,000 dollars. You can sign up in less than 5 minutes! Here’s my affiliate link below:
And if you live in America, Brazil, Turkey or Asia, there is an app called Webull which also allows you to invest in multiple stocks, ETF’s, and crypto. They offer zero-commission trading meaning you don’t pay any fees when buying or selling stocks. You can start with just 5 dollars.
If you live in Europe, then IBKR GlobalTrader is the app for you. They allow you to invest not only in US stocks but also stocks all over the world, with just $1 you can start investing in global stocks today!
All of these apps or platforms are easy to use and beginner friendly. You can sign up right away and start investing towards your future today. And if you have no idea what or where to invest in, then don’t worry, in my next posts I’ll talk about different beginner friendly stocks that are low risk and give steady returns. So stick around and start making your money work for you!
Disclaimer: I am not a financial advisor, the content on this blog is for educational purposes only. Please do your own research and seek advice from a professional financial advisor. All investments come with some sort of risk and there is no guarantee that you will be successful at investing. You should only invest what you are willing to lose and always do your own research.? This page contains affiliate links. If you choose to purchase after clicking a link, I may receive a commission at no extra cost to you.
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