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/biz/ - Business & Finance

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455002 No.455002[DELETED]  [Reply] [Original]

Is it worth it to start investing in the markets even if you can only start with a $100?

>> No.455010

The effort you'd be putting in to diversify your stock to the point of profit (which is never a guarantee) off of $100 would in my opinion, not be worth it.

>> No.455022

Invest in yourself.

>> No.455023

>>455010
What if you buy some stock and sell when there is profit. Then buy another stock then repeat?

>> No.455024

>>455002
Definitely no

>> No.455041

>>455002
No. Unless you have 6 months of living expenses stashed away in an emergency fund you have no right investing.

>> No.455043

>>455023

Like I said, there is no guarantee that stocks will turn a profit over time. Also, the return would be so miniscule that you'd be forced into buying penny stocks to stay in the game. In the very unlikely possibility you were able to double your investment after four quarters and re-invest, the likelihood you would strike gold twice and make a second record profit is also extremely low. Investing in the market takes patience, intelligent calculation, and a considerable initial investment.

>> No.455048

>>455043

At such a low starting point, you would have a better shot if you went to the casino and put it all on red.

>> No.455050

Sure it is. Think of all the things you can do with that extra $20 in 2 years.

>> No.455059

>>455002
It's fine if you plan on adding money consistently over time.
Get an emergency fund first though.

>> No.455067

>>455002
due to fees you would need 10% returns just to break even, since this is your first $100 that means you're a beginner and there is a low chance of making those returns

$500 bare minimum
$2000 suggested

>> No.455142
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455142

>>455002
>start with a $100?

>> No.455169

>>455067
2k suggested? is this a joke? A good year for an investor is 15% return. 15% of 2k = 300
HOLY SHITT WE're in business now baby"!!! use your 2k for soemthing fun theres no point in investing if oyu dont have 10k + atleast.

>> No.455176

>>455002
Shitcoins are your only option with $100. /biz/ hates them but give it a shot, I started with $20 and now have $2k.

>> No.455178

>>455002
these posters are right.

Let's say you use scottrade. $7 commission. $7 to buy, $7 to sell.

Right off the bat, you need your ONE stock you buy (the least commission possible) to increase 14% just to BREAK EVEN.

See how dumb this is?

>> No.455226

If you've got that little to start with, just find a mutual fund with no minimum contribution.

>> No.455247

>>455169
This. It's just not worth it otherwise.

>> No.455284

>>455169
Theres a point of investing if he finds it enjoyable and or challenging, wants to learn for the future. Everyone needs to start somewhere and the best of us lose money sometimes, better to do it while you only have a small amount. Now it is stupid to invest and expect a lot of return with that money.

>> No.455289

>>455002
maybe if you spend it all on pandacoin

>> No.455482

>>455067
More like 2000 bare minimum and 5000 suggested

>> No.455522

>>455002
Try daytrading

>> No.455574
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455574

>>455002
if you invest in index funds then yeah its worth it just invest it and let it sit. repeat as often as you can no matter how the markets are and you will in all statistical likely hood you will make money