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- 09-16-2022, 09:21 AM #1Junior Member
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There is some amount in the account now. I want to invest it. But I have little understanding of it. I watch all sorts of videos on YouTube, read articles, but still I have doubts. I have options, shares, gold, crypto. Which of these is better? The purpose of saving money and earn small dividends, interest.
› See More: Does anyone have experience investing small amounts of money?
- 09-16-2022, 11:06 AM #2
Re: Does anyone have experience investing small amounts of money?
Business is always a risk. For me, Oscar Hartman is an example of persistence and development. He started working at the age of 11, delivering newspapers and magazines. He worked all kinds of "regular" jobs, from a warehouse to a gas station. His first business of his own was an Internet store, first selling sports nutrition, then other popular products such as weight loss belts. Now he is a successful millionaire who helps other people take the first step toward their dreams. There are so many business opportunities https://www.vingle.net/posts/4661877, it all depends on you.
- 09-16-2022, 12:09 PM #3Member
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- 80
Re: Does anyone have experience investing small amounts of money?
Fixed-income investments are investments in assets with a predetermined return. These investments allow you to receive passive income.
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Deposits
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Exchange-traded funds
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Bonds
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Dividend stocks
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Real Estate
- 03-29-2023, 12:33 PM #4Newbie
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- 2
Re: Does anyone have experience investing small amounts of money?
In my opinion, the best option to invest between crypto and gold is gold. After investing in gold if you some spare dollars you can invest in crypto.
- 04-03-2023, 06:17 AM #5Junior Member
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- 13
Re: Does anyone have experience investing small amounts of money?
of course i have
- 05-16-2023, 06:38 AM #6Sr. Member
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- Colorado Denver
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- 156 - liked 2 times
Re: Does anyone have experience investing small amounts of money?
Hey! I totally get what you mean starting with investing can be super overwhelming with all the options out there. I've been through the same phase myself. My advice would be to first identify your risk tolerance and come up with a plan that works best for you. Each of these investment vehicles has its pros and cons: stocks and crypto tend to be more volatile, while gold is usually a safer, more long-term option.
That said, I think a smart move would be to possibly allocate your money across different investment types. This way, you can maybe strike a balance between earning dividends and preserving your capital. Just a thought: wealth planning could be one of the keys to help you meet your financial goals. Best of luck on your investing journey!
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