Investing your money can help you build a great future.  It is best to use what you have at your disposal.  If you work for a company that offers a 401K take advantage of it.  Sometimes you might be lucky enough to work for a company that matches your investment. This can help you build faster no matter what the match.

If you would like to invest regularly every month you may want to look at investing in the stock market.  The stock market can be risky but the rewards can far outweigh the risk.  What you have to do is:

  • Have a plan.  Whether it's short term or long term.  What is your goal?  Maybe, you are getting married or saving for a child' s education.
  • Know the risk.  You can lose your money if you are not careful.
  • Use the power of compound interest.  Reinvest all interest and dividends.
  • Diversification can help you minimize your risk.  Don't put all your eggs in one basket.

The stock market can help you get to your goal.  You can look into setting up a stock account through a reputable company such as, tdameritrade.com, stockpile.com, schwab.com, robinhood.com.

These are great companies that does not require a minimum to start your account.  Charles Schwab offers something called stock by the slice. Under this program you can transfer money to fund your account and buy stocks by the slice in great companies such as: Microsoft, Coca Cola, Apple, Proctor & Gamble, Johnson & Johnson, McDonalds, etc.

These stocks are all recognizable and would add value to any stock account.  With stock slices you do not have to buy a full share.  For example: If you wanted to buy Microsoft.  You send $5 to Charles Schwab.  Once they receive your money, it is posted on your account.  You can now buy $5 worth of Microsoft.  Then you can continue to build until you have a full share.

Please let me know if you are interested in investing

After all, this is a great vehicle to grow your money.

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