Yes, unfortunately I have become somewhat familiar with the concept of poverty...oh well.
ok so what is an example opf a good investment for a poor person>?hmmmmmmm.good question.
For someone like myself who doesn't have a lot of investable cash I suggest making a budget and then setting aside some cash each week...saving up some money is the first step to investment success...JTT
DRIP investing is the best way for the small budget investor to get started. Fees and commisions of even discount brokers will have a much larger effect on small budgets.Many companies sell stock direct to investors( as little as 1 share at a time in some cases) for little or no fees. Dividends are reinvested; usually for no fee(sometimes not). Additional investments can be made for no fee in most cases.There are several good books on the subject; usually available at your local library.Don
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