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Anonymous
I have little to no savings, I plan to start investing with as little as possible but wondering whether this is the right move.
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There are platforms which allow minimal amount, do a safer investment like S&P500
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If you are young, relatively healthy and without much "bagagge", seek to increase your income potential. Save and invest at the same time.
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Personally, my advice would be to set up an emergency fund first before going into investments. This is because investment is risky, and with an emergency fund, it acts as a safety net for you.
You can try this emergency fund calculator to see how much you should have first. I’m not sure if you are new to investing, but here’s a beginner’s guide that I think could be helpful!
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It is better late than never.
Little drops count....
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Yes, this is a right step in the right direction