Investing with small amounts. Start with micro-investing.
Much like anything in life you choose to pursue, you will have to start somewhere, and investing is no different. One of the common myths about investing is that need a large sum of money to start. No, you do not need a large amount of capital investment to start investing. In fact, some investment options, such as managed funds allow you to start with small amounts of investments, as little as $21 and build to invest in shares and ETFs on the ASX, with a minimum initial trade amount of $500.
With such a low investment entry point, investing is becoming easier and easier and allows investors to ‘micro-invest’, which is the ability to invest, effectively with loose change. This takes away the burden of locking away a large chunk…
