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How much money is too little to invest into stocks? |
Im currently a 17 year old male, and i am becoming quite interested in the stock market. I am just curious what age, and what is the lowest amount of money i could invest into the stock market, any help is WELL appreciated. Its not how much to invest in any one stock: If you want to invest in individual stocks you should start out with at least $10,000. Otherwise you'd have a difficult time being adequately diversified. If you're investing in mutual funds, go with whatever their minimum balance is. Most are around $2,500 unless you do systematic investing (usually a minimum of $50 a month until you reach their minimum balance). Good luck, investing early is a great idea! You can start at any age, if you're a minor, just open a custodian account, I was 12 when I started, which was a long time ago, Vanguard has a fund for beginning investors called the Star fund requiring only a minimum $1,000 investment. |
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