{"id":2128,"date":"2016-09-28T00:15:59","date_gmt":"2016-09-28T08:15:59","guid":{"rendered":"http:\/\/www.cultofmoney.com\/?p=2128"},"modified":"2016-09-27T09:48:57","modified_gmt":"2016-09-27T17:48:57","slug":"start-investing-500","status":"publish","type":"post","link":"https:\/\/www.cultofmoney.com\/start-investing-500\/","title":{"rendered":"How to Start Investing with $500"},"content":{"rendered":"
Long gone are the days where you need a minimum of $2,500 to start investing. In fact, you can now start with as little as your spare change. (Yes, seriously and there\u2019s even an app for it.)<\/p>\n
And if you\u2019re worried about the complexity of investing, don\u2019t be. You can do it inexpensively and easily. Here\u2019s how to start investing with $500.<\/p>\n
Different investments work for different people. Some are die-hard when it comes to the stock market while others prefer alternative investments like real estate<\/a> or businesses.<\/p>\n You need to figure out what works for you. If real estate is your chosen route you\u2019re not going to be able to do much with $500. In this instance keep saving and educate yourself while you save.<\/p>\n If you\u2019re interested in investing in the stock market here\u2019s how to do it.<\/p>\n If you have an employer sponsored retirement plan it\u2019s generally a good idea to start with it. This is especially true if your employer offers a match.<\/p>\n If you aren\u2019t yet participating in your 401k program<\/a> at work then go ahead and sign up.<\/p>\n Don\u2019t have an employer sponsored retirement plan? No worries. There are plenty more options for you to choose from.<\/p>\nStart with Your 401k<\/h2>\n
Invest in ETFs with Betterment<\/h2>\n