@mckenzie.mack: How to invest your first $100 📈💸 1️⃣ Open a Brokerage Account I recommend everyone opens a Roth IRA at least. This lets you invest money today and your money will grow tax free foreverrrr. It’s also the most flexible account so you can take out what you put in anytime. Although it’s obviously better to keep it invested. Just go to a brokerage website - Vanguard, Fidelity and Charles Schwab are all great options. Just pick one and move on. They have step by step instructions on their website it will take you 3 minutes. 2️⃣ Link your bank account and deposit money into your settlement fund This is where your cash sits until you actually invest the money. This is where a lot of mistakes happen - depositing money into your brokerage account is NOT investing. There is one more step afterwards. 3️⃣ Buy investments I love buying ETFs! You can invest as little as $1 to get started The most popular funds you hear are the S&P500 which is VOO The Total Stock Market Fund which is VTI and Total International Funds which is VXUS Personally these days I do $60 to VTI and $40 to VXUS, but you will have to do your own research to make the best decision for you. I am not a financial advisor so I can’t tell ya what to do !!!!! Not financial advice ofc ofc
