There are 23 articles on this title. You are reading the article ranked and rated #21 by Helium's members.
What is investing? It is such a catchy word that can catch the attention of money minded individuals. Investing comes in a wide range as well as spectrum of types and ways. In the currently context of investment arena, there are basically four types of investment:
1. Stock equities
2. Funds
3. Warrants
4. Bonds
5. Insurance / Regular saving
6. Foreign Exchange
However, the negative side of this coin is that all these investment instruments require thousands to start up. Especially money market, time deposit of foreign currencies require at least $50,000 to start up. However, it is not in the case of Mini-Forex account that works on margin trading between two stipulated currencies. But this is not consider as investing as it is very highly speculative in nature and is usually termed as gambling.
Well, not enough money to start investing? There is a solution for you. But you require at least $1,000 to start up. As you can see from the global market review, Asia market has the highest level of potential and emergence opportunity. So buy a regional fund like Asia except Japan and hold it at a minimum price of $1,000. Subsequently applied for a RSP or regular saving plan that stipulate to buy at least $100 worth of units monthly.
The advantage of capitalizing on RSP is that during volatile market movement, it tends to do a dollar-cost-average on a monthly basis for you. Conversely speaking, in a high trending market, it will collect these unit and stepping up the amount of profit for your fund.
It is such a win-win strategy to take when you are keen to invest but was limited by financial capacity.
Learn more about this author, ARC IDEA CO.
Click here to send this author comments or questions.
Below are the top articles rated and ranked by Helium members on:
Investing small amounts can be done very easy. Most people think they need a great capital to start investing and often don't
WHY YOU DON'T NEED MUCH MONEY TO START INVESTING
You can invest small amounts of money surprisingly easily - and profitably.
by Ken Spitze
Perhaps the best way to regularly invest small amounts of money in the stock market is to enroll in dividend reinvestment
by Molly Carter
Investing small amounts of money is probably the most sound advice that my parents gave me. To say I will deposit $1000 in
The good news is that even small investments grow, especially if you invest regularly. In fact in some cases regular investment
View All Articles on:
How to invest small amounts of money
Add your voice
Know something about How to invest small amounts of money?
We want to hear your view.
Write now!
Cast your vote!
Click for your side.
Featured Partner
OneWorld United States publishes US and international perspectives on global issues gathered from OneWorld partners w...more
hide