Reader Interactions

9 Comments

  1. This is a nice post on how one can get started with all the possible options. $1,000 isn’t chump change for anyone starting out (or anyone else for that matter).

    • Yeah, it’s a nice chunk of cash, that’s for sure. But, it’s a lot less than many other types of investments require to buy in on. Thanks for the comment!

  2. This is a good article. Personally, I feel comfortable in investing in the stock market by taking the assistance of a financial advisor. Peer 2 peer lending is quite new for me, and I am not that much aware about it. Similarly, real estate is a good option. But, I don’t think $1000 is enough to get good returns from there.

    • Thanks for weighing in, Amaltas! Yes, it’s important for people to determine which types of investing they feel most comfortable with. Personally, I find it less intimidating to invest $1k in a company like Fundrise or Realty Shares than I do to take a chance on buying a rental property directly. And, as a bonus. it’s cheaper. 🙂

  3. Get The Bank on Yourself book by Pamela Yellen. She has done much research to help many avoid the stock market and invest in a more secure way of gaining without worrying about the unpredictability of the market.

    • I’ve never heard of it, but we’ll check it out!

  4. Another good choice to invest $1000 is to open an HSA.

  5. This is a nice article and a good choice to invest $1K.

  6. This is a great article! I want to start trying one of those ways. But, what about foreigners who have some savings in a U.S. account? Is it possible to try one of those options?

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