Although having more money to play with makes investment simpler and less risky, anyone with a healthy savings account and enough income to set aside a few dollars each month can afford to invest.
1. What are your financial goals?
2. What’s your investment timeframe?
3. How much risk are you prepared to take on?
4. Do you want to select your investments yourself?
If you’re new to investing, you might find the idea of enlisting a professional to help you select your investments more appealing than having to do everything yourself.