Originally Posted by errorlulz
All this talk of makin so much profit n im just sitting here broke
Well hopefully amd does great with their next series of gpu/cpu also should blow up high the stock price
Full-ish Disclosure, I am decidedly NOT rich. I am an average middle class salaried individual. I just do my own investing instead of relying on someone else or not investing at all. That being said, I am relatively young with very little invested thus far. I actually started my initial investing with just 5000 I had sitting in savings not doing anything. You don't need a lot, I wanted to invest in about 10 companies at first, hence why I put so much in, but if you are just doing one company you could easily do 1k or even 500. Sure a 6% return on 500 isn't much, but it is far better than just letting it rot in your savings account making .5% (if that) annual return.
Minus having back a couple thousand in emergency funds (I would say 1 or 2 months pay), the rest of the money is just burning a hole in your pocket and depreciating as we speak. If you are lucky we are only inflating the dollar by 6% every year. This is likely a lie and far worse than that... meaning just holding your cash is a VERY bad idea... since you are losing money by it just sitting there. Minus some tax ramifications for selling sooner than 1 year from the purchase date, there is little worry about investing and then needing to pull the cash back out. This doesn't HAVE to be retirement money... it can just be money you are not planning to spend within the next year or so that you want working for you instead of against you.
Bottom line, don't feel like you need 10k to start investing. You can start at any amount. Depending on your risk category, there is always something that you can find that will fit what you are looking for (bonds, stocks, ETFs, Mutual Funds, etc).