Beginner's Guide to Investing: How Much To Invest?
Your investment strategy will depend partly on how much money you want to put to work. A few options:
- $50 a month or more, with no lump sum
It may not seem like a lot, but even small regular investments in mutual funds can add up.
- A lump sum of less than $10,000
You have more options in this range, many mutual funds have minimum investment requirements of $250 to $2500.
- A lump sum of $10,000 or more
The benefits of starting with larger dollar amounts is that you have more money going to work for you right away. With this range there are many options available such as stocks, mutual funds, or annuities.
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