Best ways to invest 1000 dollars reddit

<p>This post will help the beginning investing who is looking to start with a Ben Franklin bill.</p>

The most popular ways to invest in index funds are through ETFs because they are traded like stocks and have a much lower cost to get started.

Unfortunately we are only investing 100 dollars so mutual funds are pretty much out.

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Money expert Clark Howard has long suggested that people invest in index funds rather than try to pick individual stock winners.

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Instead of having to own individual stocks that could cost hundreds of dollars each, you own a small share of a whole bunch of stocks.

By practicing this good habit with your 1000 dollar investment, you. That first step is to getting started, even if it involves a relatively small amount of money. Larry Ludwig. Many brokers have account minimums. That makes no sense. Panos Mourdoukoutas Former Contributor. Fund denominated in US dollars.

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