With fraction buys at most brokerages, you can buy big names and turn on Drip to keep the position leveling up, especially if you are just starting or don’t have a lot of capital to start.
Am working with granddaughters her investing. She can do the $1000 ! And will incorporate DRIp. But now only has $100 a month to pump back in. What is your advice moving forward?
Appreciate the comment. With a small amount of capital, I think historically it has been best to stick with traditional ETFs.
If I could go back in time, I think my advice would be to prioritize investing as much as possible while your granddaughters are young. Make it a priority to invest most of their checks when possible. I know it isn't always possible but when starting, that's the most powerful tool
I wish they had Substack when I started investing
So much abundance of knowledge here! Also thanks for the wonderful email you sent last week. I appreciate it!
With fraction buys at most brokerages, you can buy big names and turn on Drip to keep the position leveling up, especially if you are just starting or don’t have a lot of capital to start.
Am working with granddaughters her investing. She can do the $1000 ! And will incorporate DRIp. But now only has $100 a month to pump back in. What is your advice moving forward?
Appreciate the comment. With a small amount of capital, I think historically it has been best to stick with traditional ETFs.
If I could go back in time, I think my advice would be to prioritize investing as much as possible while your granddaughters are young. Make it a priority to invest most of their checks when possible. I know it isn't always possible but when starting, that's the most powerful tool