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Are there ways I can begin to invest money in small increments even though I have little on hand capital?


I would also appreciate suggestions on investing in general, as well as specific suggestions. Although I am very good at the things I do to maintain livlihood, I haven't spent much time becoming educated in the arts of making money work for me instead of me working for it.Thanks in advance everybody.

Well, you can start investing in mutual funds for as little as $50 a month with mutual fund companies like (there are many, though not will let you start this small) T. Rowe Price or American Funds (the latter requires a broker or advisor to access).

Your best bet is to make sure you start funding (and investing) for your retirement as young as possible. If your employer offers a 401K, that's usually the best place for someone to start. They will take a percentage out of your check (pre-tax so you save taxes too) and you will pick from a menu of funds).

You can also set up an IRA account with any brokerage firm or mutual fund company and purchase your mutual funds within the IRA. There are significant tax advantages to using an IRA vs a regular taxable account (but also penalties if you want your money before 59 1/2).

To pick the right investment is the trick. There are two ways to do it.

#1 Use a broker (stay away from the banks, you won't get the best there)

#2 Go get a book on personal finance AND one on investing and learn how to do it yourself.

Note personal finance is more comprehensive than investing and realistically you will do a better job of investing if you learn how to plan your finances first.

Good luck.

put it in a piggy bank...he, he

One of the best sources to learn about investing is through the National Association of Investors Corporation www.betterinvesting.org This is a not for profit educational organization whose focus is on individual investors and investment clubs. They have several publications. Their program is one that will educate you on what makes for a good growth company, or income company etc.
There are other plans to help you do what is known as "dollar cost averaging" through companies dividend reinvestment plans. There is a small fee usually associated with this. Some brokerages also allow dollar cost averaging in some companies.
Hope this helps.

DO buy mutual funds for as little as $50 per month.
DO buy "no-load" funds. (No sales commissions, etc) Vanguard, Dodge & Cox, T.Rowe Price, etc
DO NOT buy "penny stocks" (Low price, low quality stocks. I tracked a lot of them and ALL of them are down.
DO NOT "chase" the latest High performance mutual funds
DO Go to the library and look at Morningstar in the reference section. (You can also go to Morningstar.com.
DO diversify during the years ahead (International funds, Value funds, Growth Funds, Large Cap, Mid Cap)

I sugggest you to open a brokerage account at TD Ameritrade.

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Three top links that will help you... same site, different sections:
Fool.com Investing
http://www.fool.com/school/basics/basics...
http://www.fool.com/school/13steps/13ste...

Fool.com Savings
http://www.fool.com/savings/savings.htm?...

To invest in small increments with sod all capital..... sounds like you need a SAVINGS account + maybe a SHAREBUILDER.com account for investing in the stockmarket at some point.

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