Investing $50-200

[Sharri]

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

 

[Mac1958]

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

Sharri, what is your age?

And are you talking about $100 per month?
.

 

[Mikeoxenormous]

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

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

 

[Wry Catcher]

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

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."

 

[Sharri]

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...

 

[Dont Taz Me Bro]

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

 

[Pavel Svinchnik]

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

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.

 

[Sharri]

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.

 

[OnePercenter]

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

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

What is your net profit adjusted for inflation on Home Depot?

 

[Tommy Tainant]

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.

 

[Sharri]

Thanks for all the feed back and good info. Much appreciated.

So the difference between wealthy and rich?

 

[OnePercenter]

Thanks for all the feed back and good info. Much appreciated.

So the difference between wealthy and rich?

Rich is when you fly first class on every flight you take, wealthy is when it's your plane.

 

[Sharri]

What about index funds? I hear most like investing in them

 

[The Banker]

What about index funds? I hear most like investing in them

Best advice for now. Save all of your money for now and wait 1-2 years for the market to crash. When all of the massive amounts of US government debt and corporate debt cause this next recession.

Then you can buy in at the bottom and make real returns.

I recommend the 3x S&P et and/or 3x NASDAQ ETF, look those up.

 

[The Banker]

Don't buy at the top.

 

[Pavel Svinchnik]

What about index funds? I hear most like investing in them

I'm retired and stock picking is one of my major hobbies. At the moment, index funds are too tame but I may turn to them if I get tired of playing the market.

 

[TheGreatGatsby]

Robinhood commission-less trades is the way to go on low money investments. Choose the right stock and you can make a sizeable return quickly. IPOs (start-up companies) are almost never the way to go though. More often than not, they trend far below the initial offering price. They start high because that's the actual money going to the company; and they don't make money on the resale of stocks. Once you get into bigger buys, $1000 or more, you're better off doing limit orders at the more advanced brokerage sites that have better tools as well.

 

[TheGreatGatsby]

What about index funds? I hear most like investing in them

I'm retired and stock picking is one of my major hobbies. At the moment, index funds are too tame but I may turn to them if I get tired of playing the market.

PM me your top 10-20 stocks you have your eye on.

 

[Blues Man]

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

If you are just starting out the best way to invest is in a mutual fund. You can buy mutual funds directly through Fidelity and many other financial companies. Opt for fund with no sales fees and low operating costs

Put the same amount of money in every month no matter what the market is doing. It's called dollar cost averaging. I won't try to explain that here.

If you are young you should favor a more aggressive high growth fund as you get closer to retirement you should diversify more favoring less aggressive funds so as to preserve your gains.

You don't need to pay an adviser and if you think you need one opt for a fee only adviser and not one that charges a percentage of your investments

One more thing

Open a Roth IRA and then a mutual fund to attach to it.

The beauty of the Roth is that you pay no tax on any withdrawal in retirement. Use the Roth IRA as your sole investment vehicle until you max out the contributions.

 

[Dekster]

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

You can but you will be eaten up in fees investing that small amount at a time in stocks since you will be buying a couple shares for your $8 fee instead of hundreds of shares.