Are you ready to improve your financial performance but feel like you don’t have enough money to make the changes you’d like to see? If you’ve always been interested in delving into the investment world but feel like your lack of funds are holding you back, it’s time to change your mentality.  While once upon a time investing in the market required a considerable amount of money, it’s not the same today.

You can start investing in small amounts, and it’s entirely possible to have a favorable return. If you’re ready to get started in the world investing, here’s how you can do it.

DPP’s:

Never heard of this acronym before?  Welcome to the world of investing in individual companies.  DDP’s stands for direct purchase plans, meaning that you buy the stocks from the company directly.  No need to fuss with brokerage accounts, you work directly with the company themselves.

You won’t pay a massive commission to a broker, and you can even opt for investing portions of shares.  A DPP is ideal for people who have a modest budget.

There are a few drawbacks to understand, however.  It will require some work on your part since companies aren’t allowed to advertise their own direct purchase plans, so it’s up to you to do your own research contacting companies directly.  There aren’t many out there either so you may find yourself searching for a while until you find one.

Small Investment Brokers:

Another way to get started investing without a lot of cash on hand is to get involved with brokers who work with you getting your investment portfolio started.  There are a considerable amount of fees, but it’s a start if you don’t have a lot of money.

ETF’s:

An ETF stands for an exchange-traded fund.  Investing in ETFs offers the flexibility of trading individual stocks for low costs, much like mutual funds. Although ETFs and mutual funds share a lot of things in common, there are a few things which make them different.  The most important difference being they have lower minimum investment requirements.

ETF’s can be traded like stocks. With ETF’s you can get yourself only a few shares as long as you have enough money to pay for the shares.

However, unlike DPP’s you will have to pay commissions.  You are also required to buy whole shares rather than being able to opt for only a portion.

Low Minimum Fund Companies:

There are a few low minimum fund companies out there to choose from; however, they often require up to $3000 to get started.  If you’re someone with a modest income, this is likely a lot of money just for one investment.

Therefore, it’s important to look for the companies which don’t require such high amounts.  You can find minimums for as low as $100 which can get you started on the road to investing.

Read Also:

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• Top 7 Essential Tips for Investing in Stocks