That said, you can invest as little as a few dollars into an asset like Bitcoin. You don't have to buy one whole Bitcoin! Bitcoin is hovering at well over $11,000 at the time of writing, but you can buy fractions. So, you can buy a few fractions of a Bitcoin up to $100 and you'll be building your portfolio.
It’s all too common to pay a fee for a service. For example, if you’re paying a $10 commission to buy stock on the stock market through a broker, you’ve immediately lost 10% in fees. Not good. When you’re investing $10,000 with a $10 commission, that’s acceptable: it’s just 0.1%. So at the $100 level, investing needs to be ultra-cost-effective.
We’ll, therefore, focus on free or lower-cost brokers and investment accounts, and work through other ideas. There may be viable other options. Even just keeping it in the bank means you’ll live to invest another day. But here are some considerations taken from advice from the investment community.
Oh, and hey, that $100 can be invested into yourself. Think education, tech, and experience. Good books and resources can take you further, keep you sharper, and help you avoid mistakes that might cost a lot more than $100.
Investing is hard, don’t be fooled. Some of the world’s best investors almost never sell their stocks, preferring to hold forever. Long-term plans based on research and education may be better than dipping your toe in with $100, so do take note of this option.
ETFs are exchange-traded funds, also known as index funds, that allow you to take a broad investment in many shares at once. They are useful ways to invest in the market without needing to pick good stocks: ETFs just follow a selected index (like the entire S&P 500) in a single share.
faruk replied
203 weeks ago