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Started By
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Small investment
Posted on 3/24/15 at 2:25 pm
Posted on 3/24/15 at 2:25 pm
I'm 20 years old, have a stable job and I just purchased a house on staring lane. I have saved $2,000 in hopes to have some success in the stock market. Can anyone point me in the right direction as to who would be willing to help me invest such a small amount? Thanks guys 
6
Posted on 3/24/15 at 2:33 pm to Geaux11
VTTSX until you can get into some admiral shares. Or just keep it in there if you don't want to care about reallocating
Through Vanguard obviously
Through Vanguard obviously
This post was edited on 3/24/15 at 2:33 pm
Posted on 3/24/15 at 2:34 pm to Geaux11
Open a Scottrade account and invest in mutual funds. Did that exact thing with $2,000 as a sophomore in college and had a nice little savings account when I graduated.
Posted on 3/24/15 at 2:40 pm to Geaux11
Save another $1k and buy VTSMX in a roth if you can or justa vanguard acct if you want access to the money. If you want to be more hands on I would sink it into APA, MRO, OXY, DVN or KMI. Do some research. Pick your poison.
This post was edited on 3/24/15 at 2:41 pm
Posted on 3/24/15 at 2:49 pm to Geaux11
It's great you have $2,000 available, I assume you have 3-6 months of expenses saved? If not, I would fund the emergency fund before throwing scraps at the market. Especially right after buying a house.
Posted on 3/24/15 at 2:52 pm to Oenophile Brah
Looking back. Save the money. You're going to need it to be liquid if you just bought a house.
Posted on 3/24/15 at 2:55 pm to Geaux11
Walk down to the Staring motel and put that 2k on the street, much better returns than Wall St.....
Posted on 3/24/15 at 3:43 pm to Geaux11
Check out Loyal3.com
You can do small amounts commission free in good companies.
Also Robinhood.
You can do small amounts commission free in good companies.
Also Robinhood.
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