Probably the biggest mistake most people make when it comes to investing is not getting started. The most common reason is a lack of investment capital. But in today’s investment world, where you can invest in an entire portfolio of securities through exchange-traded funds or robo advisors, you can begin investing with just a few hundred dollars. That means $5,000 is more than enough to start.
If you’ve been delaying your investment journey due to a lack of funds but have at least $5,000 available, stop hesitating. One of the biggest secrets to successful investing is to get started as early as possible. Even if you’ve been delaying for many years, right now is the very best time to get started.