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Updated over 7 years ago on . Most recent reply

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Matthew Muniz
  • Columbia, MO
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Looking to invest $100 and $500 straight out of college

Matthew Muniz
  • Columbia, MO
Posted
I’m 23 and new to the workforce. Just graduated college in December and have a steady job. However I’m looking to start investing and would like to start in the $100-$500. Looking for any advice on what I should do or where I should start! I’m using the M1 app and the Netvest app and reading books like Rich Dad Poor Dad, and Think and grow rich to try and raise my financial IQ. Any advice or suggestions would be greatly appreciated! I’m all ears and ready to be a sponge to new information. - Matthew

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361
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Nathan Platter
  • Real Estate Agent
  • Minneapolis, MN
296
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Nathan Platter
  • Real Estate Agent
  • Minneapolis, MN
Replied

Hi @Matthew Muniz ,

If you have under $1,000 to start, I would recommend you spend time networking, attending events, or helping other investors get more deals (e.g. wholesaling, driving by properties, contacting contractors for quotes,...)

@Omar Khan is spot on. Your best asset is your knowledge and ability to produce income. Capitalize on it and continue building your reserves and learning the business until you have sufficient funds to take action on your next investing goals.

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