Posted on 17 September 2012. Tags: invest money
There are countless reasons to invest money. Invest for the future, invest for your children’s future, or invest for retirement. Most people are aware of the importance of investing as early in life as possible, but where and when should you start? Common answers to this question include low interest rate vehicles like mutual funds and money market accounts, and historically higher options such as real estate and stock shares.
Of the many choices available, buying stock shares is the easiest. Through different websites, individuals can invest as little or as much as they like. Research on individual stocks is readily available as well, making it simple for dedicated investors to make informed decisions.
For investors with minimal capital, individual stocks purchased through a dividend reinvestment plan or website specializing in single share investments is a smart way to begin investing. Both options bypass high brokerage fees and charge small monthly service fees instead. However, real time trades generally incur additional fees. Discount online brokerage accounts are another option.
Brokerage accounts through major players in the online trading industry offer excellent discounts and low start-up costs. For as little as $500 US dollars, individuals can invest money in any stock they can afford. For a small monthly fee (and sometimes small per trade fees) they also gain access to current and historical research, tutorials and more.
Individuals can focus their stock investing anywhere they like. If you do not want to spend time researching technology stocks for example, or you have a strong desire to invest in real estate, simply orient your research accordingly. Real estate investment trusts (REIT’s) allow individuals to place their capital in real estate without the typical cost or risk. Alternatives to technology stocks include precious metals, commodities, retail or blue chip stocks.
Which vehicle you choose to invest money in depends on how much time and money you have to spend; but your level of dedication will determine your level of success and the best way to invest money.
© 2013 StockRockandRoll, LLC | All rights reserved