FIRST TIME INVESTOR
Beginner investor needing advice
Hey all, Have only just opened a trading account through Pearler, am looking to invest a small amount of money to begin with and later on automate some payments. I am interested in ETF's but have noticed a lot have a $500 minimum. Any advice for where I should start if I were to place say $50-$200 here and there in a diverse portfolio. Thank you.
Samuel null.
21 September 2024
1 Comments
2 months ago
Hi Samuel,
For smaller amounts to invest, there is the option of choosing a microinvesting account rather than a shares account.
With these types of accounts it is better suited for investing amounts like $50-$200 and it’s still possible to invest in a diversified portfolio too. Pearler does offer one of these smaller type accounts which are good for beginners and there are a few different low cost diversified investment options to choose from.
Hope that helps.
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