Investment Options That Do NOT Require Significant Starting Capital
Have you been considering putting your modest savings portfolio to better use? Perhaps you have been wondering if it is possible to make your money grow by making the right investments at the right time? If you are a budding investor with all the interest but not quite enough confidence in your abilities quite yet, then stay put. You are about to powerfully discover why and how you don’t need to be an experienced investor or possess a huge savings fund to get started.
Excitingly—you do not need to be an expert or a millionaire to start investing successfully!
You can easily start with a relatively small pot of funds if you wish to. Besides a small amount of investment dollars, all you truly need is the proper support and the correct investment information. Enlisting the help of a financial advisor is a great way to make this happen to ensure you are heading in the right investment direction from the outset. From there—the investment world really is your oyster.
Here are some of the best options available to you as a first-time or beginner investor:
You might still be operating under the false impression that you need a great deal of savings or a glowing credit score to be eligible for property investment opportunities. Several other options open to investors who have only one or even neither of these options available to them. Jointly crowdfunded or multi-buyer property purchase, for example, can offer small-time or beginner investors a way to participate in real estate investment without needing to go it alone. When there is a desire to steer clear of the uncertainties of the stock market, property is an attractive option for investors of numerous portfolio types and sizes.
If you have potential access to an employer-sponsored retirement plan, then this is a great option to choose for yourself. You can begin investing immediately with small and manageable contributions. You can make investment payments to this kind of ‘money pot’ that are so small that you likely won’t even notice them. You could start with as little as 1% of your working income and build upwards from there if you later choose to.
Very few small investors begin their investment journeys with treasury securities, but it is still an option for you if you wish to take it. Otherwise known as savings bonds, treasury securities are relatively easy to purchase. You can buy fixed-income government securities with maturities that range between 30 days and 30 years. The significant advantage is that they are reassuringly backed by the government, therefore offering considerable peace of mind for beginners. With fiscal denominations as low as only $100, this option can be ideal for investment first-timers.
The ideal choice, for now, investors, mutual funds, is investment securities that allow you as an individual to invest in a wide-ranging portfolio of stocks and bonds with single or incredibly few actual transactions. Mutual funds pool money from public investors and use it to buy up other securities. These typically include stocks and bonds. Some mutual fund companies will require a minimum investment spend, ranging from the comparably affordable ($500+) and the distinctly non-wallet-friendly ($5000+). This could be deemed as a downside, depending on your current or near-future financial flexibility.
Many small-scale investors find that crypto is a great option for their more modest portfolios. It is an accessible and easy to begin investment option that you can manage entirely online. Depending on the type of cryptocurrency you choose, there will be multiple options regarding investment amount and commitment scale. All you need is an online cryptocurrency wallet, and you can begin making investments right away, diversifying between currencies as much as you might wish to.
Some Key Cautionary Advice For Investment Beginners…
There are plenty of ways to get started with small scale and low rate investment no matter what level of experience you might have reached in your financial journey so far. The only thing to be aware of is that any investment amount is still an amount that can potentially be lost. Regardless of the size, some form of risk is always going to be implicated. Therefore, doing your homework on which options would be best for you is always wise. Further to this, you may want to consider the ethical implications of each venture to ensure your values are in alignment with your choices. This is something that a qualified expert can help you with, as it may not always be apparent upon initial observation.
The Wrap-Up on Smart Investment-Making
If you are considering any shape or size of investment in the short or long term future, you need the proper guidance to help you navigate successfully. Before going ahead and investing in any market or venture, first consider investing in the services of trained and qualified financial professionals. The right support team for your particular circumstances and ambitions will be able to recommend appropriate pathways for your portfolio—no matter what size or stage of development it might be. Equip yourself with the tools you need to make the best financial decisions available to you at every stage of your financial investment journey.