facebookHow much did you have when you first started investing? I am 23 and want to start investing so I have a good amount later in life. Wondering what's a good gauge? - Seedly

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Anonymous

19 Nov 2020

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General Investing

How much did you have when you first started investing? I am 23 and want to start investing so I have a good amount later in life. Wondering what's a good gauge?

How much did you have?

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Back than? $8k to trade the minimum amount to maximize the trading fee. Today? $1 is sufficient given the Roboadvisor route. Biggest returns on money? Business and personal income. Investment results only came significantly when the portfolio grew to a comfortable mid 6 figure size. Anything less, you will be better off focusing on your own personal income growth. And for a very long time, you will be better off saving like mad from a personal income level first than trying to outearn your spending habits from investments.

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I have $40k when 23, still in uni. Pure part-timing. Never start invest till 30+.... to increase your net worth the most important factor is still increase income, then invest, my opinon.

Starting late, have a bigger capital VS start early small capital. Actually is the same.

I start investing because i almost maximised 24hr for the side hustle. That is the limit of exchange time with money

Lin Yun Heng

19 Nov 2020

Senior Analyst at Delphi

I first started when I was 19 in 2018, (BMT days), started off with 5k. My full portfolio can be seen here.

There's no 'good guage' at all so you don't have to worry about that. Robo-investors nowdays makes i...

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