Do you only have $20 that you can afford to invest? Well, if you do don't let anyone laugh in your face and tell you that is not enough money for you to use to invest in something. If they do, you are going to get the last laugh.
You can invest $20 dollars in what is called Dividend Reinvestment Plans (DRPs). They also have a cousin called Direct Stock Purchase Plans (DSPs). These allow you to buy stocks directly from companies. That means no brokers. When there are no brokers, that means no brokerage fees.
There are over 1,000 major companies offering these stock plans and a lot of them are offering them for free. If they are not free, the fees are low enough to where it is actually worthwhile to invest $20. This is great for individuals looking to start out in the investing game. If they lose money, they don't lose a lot.
If you are someone who wants to get into investing and you are not sure where to start, especially because you don't have significant amounts of cash to invest, this is a great starting point. This cannot be stressed enough.
In a nutshell, DRPs are, in fact, the steadiest and surest way for you to build a lifetime of wealth. Just make sure you keep yourself up on your taxes and you should be fine. You'll have no troubles at all.
Just know that even those who do not have a lot of money to invest have investment options. Investing certainly does not discriminate.
If you need money now, like I mean in the next hour, try what I did. I am making more money now than in my old business and you can too, read the amazing, true story, in the link below. When I joined I was skeptical for just ten seconds before I realized what this was. I was smiling from ear to ear and you will too.
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