Investing with a Small Amount

Question

Hi everyone, 
I am wanting to start investing and am not quite sure where to start. I only have small amounts to invest at the moment/its what I am comfortable putting in given I am still learning ($20 a fortnight). How do I start though as when I click on an ETF it says the minimum buy is $500. Do I need $500 to just start investing? I would like to make sure it is diversified though. 
Any help for this newbie would be great! 
Thank you!

Answer

Hi Vanessa! Great question, Pearler has a few ways to invest at different amounts and with or without automating, but it can be a little confusing.

It sounds like you’ve considered what you want to invest in, as well as how much &amp; often. So a great start! There are two ways to take a step back and decide what type of account suits you.

Log out and have a good read of Pearler.com main page, see the various options there.

Whilst still logged out, click Explore / Invest and go a bit deeper into the different options. Not all investing needs to be directly via the ASX, which has the $500 mins and costs to match.

Head to the Ask tab and filter (those little coloured buttons) for key words that you think will help 😊 – we have a range of articles that will guide you.

Head to the Learn tab and search for blogs with your key words

Whilst this may seem like a lot (and not a simple ‘hey just do this’ answer, if you follow these steps you should work it out and feel more confident in your decisions.

Have a go, and reply back here with how you went, so we can continue the conversation 👏

Answer

Hi Vanessa, and welcome!

To begin investing in ETFs $500 is typically the standard amount as a minimum starting point.  But if you can’t manage that, and prefer to invest small amounts then it might be more suitable to use Pearler Micro instead.

This gives you the option to invest very small amounts, into various diversified funds, still at relatively low fees.  There’s more info about Micro investing on this page (down a bit): https://pearler.com/pricing

And there’s more info on the investment options available inside Micro on this page: https://pearler.com/explore/invest/micro

Hope that helps.
Dave

Home

Products

Learn

About

Pricing

Log In

Sign up for free

Sign up for freeSign up

Home

Products

Learn

About

Pricing

Log in to Pearler

Back

Vanessa Leatch

Follow

ASX ETFS & Shares

US Shares

Micro

Kids

Super

HomeSoon

Read

Listen

Community

Refer a friend

Rewards

Prizes

Home

About

Pricing

Help Center

Contact Us

Feature Requests