How much do I need to start investing? // The Motley Fool Australia
How much to start?
The question of how much money is required to start investing looms large for many Australians, especially those new to finance.
It is a common belief that investing is only for the affluent, demanding substantial sums to begin. However, we aim to dispel that myth, demonstrating that investing is accessible to a broad spectrum of individuals, regardless of their financial status.
With the rise of micro-investing and various online trading platforms, investing has become more democratic. It’s opening opportunities for even those of modest means to grow their wealth.
The ‘big investment’ myth
Myth: “You need a large sum of money to start investing.”
The Truth: Investing no longer requires a large capital outlay,…