How much money do you need to start investing?
A common misconception is the notion that you need to have hundreds of thousands of dollars to start investing. The truth is that you can begin investing with as little as one dollar. With that said, it is important for an individual to understand what their personal expenditures look like prior to embarking on any investment journey. Many robo-advisors will allow you to open an account and start trading with no minimums. Getting in the mindset of saving and investing for retirement now will be immensely beneficial down the road.
How do you open an account to start investing?
There are many factors that should be taken into consideration when deciding on the approach you want to take to personal investing.
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