How To Start Investing with $1000 or Less

One of the hardest things facing beginning investors is getting started with a plan in the first place. Not only are there hundreds of decisions swirling around facing each investor--whether to buy stocks, bonds, mutual funds, real estate investment trusts, or whatever, but each investor has the burden of finding a low-cost provider so he doesn't have to burn a lot of his hard-earned savings on trading fees and commissions. If you open an account with a brokerage house, the odds are high that you will have to pay a trading fee each time you purchase shares, ranging from a few dollars ($4.95) to a more substantial chunk of change ($29.95).

I highly recommend that you visit websites such as Computershare (formerly Equiserve) or BNY Mellon. They give you the opportunity to regularly purchase large-cap stocks with fees ranging from nothing to a few dollars per transaction. If you're reality is that you will be investing less than a $1000, then you can't afford to be spending $20, or even $10, on a purchase. Those fees will eat you alive. That's why finding a company participating with either Computershare or BNY Mellon is intelligent, because the fees that you will be spending on trades will be far lower than you will find with a typical brokerage house. The Passive Income Earner recently put out a great article on accumulating wealth slowly by investing your money into direct purchase stocks, and I recommend that you visit his link by clicking here: http://www.thepassiveincomeearner.com/2011/06/how-to-start-dividend-investing-with-little-money.html .