Investing $50-200

Discussion in 'Stock Market' started by Sharri, Jul 21, 2019.

  1. Sharri
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    Sharri Rookie

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    Hope someone of you money gurus can shed some light and give me some honest solid advice.

    I saw a video yesterday hosted by shark tanks Robert Herjavec. The video was about investing in start up companies and it show cased those that became millionaires and how you can invest $50, 100 or whatever it is because they know investing in other avenues can be pricy (red flag).
    Needless to say it at the end of the video they give you options on becoming a member and no it's not $50.

    So my questions to you is, why can't blue collar workers like myself invest $50 or $100? If so do you have links or resources you can share.

    Thanks,
    Sharri
     
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  2. Mac1958
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    Mac1958 Diamond Member

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    Sharri, what is your age?

    And are you talking about $100 per month?
    .
     
  3. andaronjim
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    andaronjim Gold Member

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    I have been investing since 1987 in a company called Home Depot. Since then I have been finding high paying dividend stocks that have some potential of increases in value of the stocks. Charles Schwab is a company that doesnt tell you when to buy or sell, but gives you a platform to allow you to learn about investing. 50 or 100 bucks a month after 18 years(unless a Socialist gets in) could net you over $500,000.
    Charles Schwab | A modern approach to investing & retirement
     
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  4. Wry Catcher
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    Wry Catcher Diamond Member

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    Best advice I got 50 years ago was to pay yourself first, and save 1/2 of every cola or raise received; then find a competent financial planner. Keep in mind brokers are like car sales people, find a fiduciary:

    "A person to whom property or power is entrusted for the benefit of another."
     
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  5. Sharri
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    Sharri Rookie

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    Thank you all for the feed back. I did some reading yesterday, and if you only have $50 or $100 to invest, you can invest in companies through Stockpile or Folio investing. Or if you want to be brave you can buy stocks for under $50 through a broker.

    I'm thinking about dabbling into this, want to get my facts and foundation concrete before I actually do it.
    Warren Buffet did in his 50's... :)
     
  6. Dont Taz Me Bro
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    Dont Taz Me Bro USMB Mod Staff Member Gold Supporting Member Supporting Member

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    Start up companies are incredibly high risk. People becoming millionaires by investing in start ups are the exception, not the norm. The bottom line is never invest more than you can afford to lose
     
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  7. Pavel Svinchnik
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    Pavel Svinchnik Active Member

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    You can invest in U.S. government T-Bills at TreasuryDirect - Home with no fees for buying or redeeming them. You have to invest in multiples of $100 so the minimum would be $100. The various bills and bonds have maturities of 4 weeks to 30 years and pay differing rates of return. You won't make a lot on them, but they are about the most secure investments around. Stocks can lose value or become worthless as well as yielding a profit. If you invest $100 regularly, you'll be building a fund that you can eventually turn to more risky investments.
     

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  8. Sharri
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    Sharri Rookie

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    Thanks Pavel. I was just reading the difference between shares and stocks so I know you can loose it all in 1 shot with the stocks. I am still researching and go from there.
     
  9. OnePercenter
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    OnePercenter Gold Member

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    What is your net profit adjusted for inflation on Home Depot?
     
  10. Tommy Tainant
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    Tommy Tainant Gold Member

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    If you only have $100 to invest then you should probably steer clear of the stock market. Build up your cash and do your research.
    Where you work who is doing well ? Who is picking up contracts ? What new products are doing well ? What are your friends buying and talking about ?

    Only invest in stuff you understand and never pay a members fee to anyone.

    And remember that the public are always the last to know because the game is rigged in favour of the rich.
     
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