Start Investing Today With Just $50
In today's competitive economy, wages struggle to keep pace with the cost of living. Every month can seem like a battle to make ends meet. The cost of housing alone can take the lion's share of someone's income, especially after you factor in taxes.
Then you have the high utility bills, gas, groceries, insurance, and the list goes on. Inevitably, a wild card like a car repair or surprise medical bill gets thrown in. Then you find yourself not just on a tight budget but also in debt.
With 80 percent of Americans living paycheck to paycheck, many people have cause to wonder why the Dow Jones Industrial Average keeps hitting record highs.
Where is the money coming from to prop up this market when most Americans have little money to invest?
That's a difficult question and a long answer, but much of the market is driven by institutional investors, international money, and, of course, the uber wealthy.
Questions about stock market economics aside, the question for the majority of Americans is how do they get a chance to participate in these investment market highs?
The first step is to start small. If you have just $50, you can make some great investments in your future.
If you make it a habit to keep investing every time you can squeeze $50 out of your budget, over time, you'll have a nice little nest egg and leave the paycheck-to-paycheck world behind.