What should a beginner investor invest in, if I want to invest about $100 monthly and am looking at long term growth?

U can open a brokage account and start with a diversified unit trust.

Initially you need to have $1k them subseqently u can DCA $100. UT sale charge is 0% for poem/FSMone. Bank will normally charge 1%+ sale charge.

When you have more $$$ and more knoweldge with investment. then u can transfer some $$$ to the stock market.

Hello , I wouuld suggest saving up your $100 in a savings account first while researching on stocks you are potentially interested in and relatively low risk like blue chips (since you are going for the long term) .

Reason why I suggest saving up first is because with a $100 investment each time you buy into stocks the cost of transaction is likely to be high, meaning the stock price would have to rise more to offset your transaction cost before profits. While if you save up till maybe $1000 (depends on the price of the share itself) you'll find that the transaction cost is more distributed and the increase in stock price needed to turn profits are lower. For more info you could search up " Lump sum investing vs Dollar cost averaging" . Hope this helps!