Hi Kristy and welcome :)

If you don’t have a lot to invest, the single best piece of advice I can give is to do anything you can to find more money to invest with. Whether it’s through getting rid of any debts to free up more cashflow, doing your best to earn extra income, or reduce spending in various areas (wherever your money is going).

These actions are going to make investing way more powerful, by giving you more fuel to add to the fire.

In terms of investment selection, I’d encourage you to have a look at the Shares page, which lists the most popular investments in the Pearler community (they’re mostly diversified ETFs): https://pearler.com/explore/invest/shares

This gives you a good start for further research, along with the following article: https://pearler.com/explore/learn/blog/invest...

All the best,
Dave

Hello! Starting your investment journey can indeed feel overwhelming, especially when you’re not sure where to begin. Here are a few general tips to help you get started:

1. Educate Yourself: Before making any investment, it’s crucial to understand the basics of investing. This includes different types of investment options like stocks, bonds, ETFs, and mutual funds. Learning about these can help you make more informed decisions.

2. Set Clear Goals: Think about what you want to achieve with your investments. Are you saving for retirement, a down payment on a house, or perhaps your child’s education? Setting clear goals will help you determine the best investment strategy for your needs.

3. Start Small: Since you mentioned that you don’t have a lot to invest at the moment, consider starting small. Even small amounts can grow over time thanks to the power of compound interest.

4. Consider Low-Cost Index Funds: These funds are generally a good way to start investing because they offer diversification and have lower fees than actively managed funds. They can provide a broad exposure to the market, reducing the risk without the need for constant management.

5. Review Your Risk Tolerance: At 40+, you might want to consider a balanced approach to risk. While you still have time to recover from potential losses, you might not want to take on as much risk as you would have in your 20s or 30s.

6. Plan for the Long Term: Investing is most effective as a long-term endeavor. Think about long-term growth and avoid the temptation to react to short-term market fluctuations.

7. Automate Your Investments: Consider setting up automatic contributions to your investment account. This can help you stay consistent with your investments and take advantage of dollar-cost averaging.

Pearler offers a ran

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