8 Ways To Start Investing With Just a Little Bit of Money
When many people begin to be interested in investing, the assumption is you need a lot of money to get started.
However, you can get started investing with just a little bit of money and still start to impact your future financial health.
So you are ready to start investing but want the best options with low minimums to get started — what are your options?
Via Online Banking
Of course, with less risk comes smaller returns. But that’s okay! Your online banking options might be the best place for you to start investing with little money first.
These are typically online-only banks that can offer much higher interest than average banks. Ranges can be close to 1% and even closer to 3%.
Certificates of Deposit (CDs)
Essentially, you loan the bank a set amount of money, and after some time, you get that back plus interest.
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