Finance & Fury Podcast
High Roller; Start Investing with $1,000
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:14:25
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Sinopsis
Welcome to Finance & Fury, the Say What Wednesday edition, where we answer your personal finance questions each week. Today’s question comes from Tara; “Hi Finance & Fury, love the show! I was wondering whether you would be able to provide advice on the best way to invest $1,000 - $2,000? Would love to hear your suggestions?” – Tara Awesome question and thanks for getting in touch! Not technically allowed to provide ‘advice’ – but I can give a general outline on what to look for when starting to invest. Starting to invest is hard - especially when you don’t have 10s or 100s of thousands of dollars. Hard to get diversification Hard to get low cost Hard to get in based on minimums Where to start What are your goals? How long is it for? – Investments should be made for the long term. If you’re at a timeframe under 3 years, I probably wouldn’t suggest investing at all Will you need to access it at any point? – If yes, how long? If you need to access the funds in the short term (3-5 years) somethin