Dec 26, 2012

Posted by in Penny Stock | 0 Comments

Micro Investing Is For Everybody

Starting Small with Micro Investing

micro investingMicro investing proves that you do not have to be a millionaire to be an investor. With a little perseverance, it might be possible to end up as one, however.  The key to micro investing is to keep after it. Even if one is only investing a small sum every month, things can grow if the investor does not give up and let his intentions wither away.

Assuming that an individual is willing to commit a small sum every month, there are a number of investment categories which can be explored.

Micro Investing Options

• The best option is that of investing in a company 401k plan. Since these plans typically involve the provision of matching funds from the employer, this is a great way to multiply one’s monthly investment allocation. If this is an option for an individual micro investor, they should take advantage of it up to the maximum allowed by their employer’s plan.
• Not everybody works for such companies, however. For those who are thrown back upon their own resources, a no load mutual fund is probably the best option. There are many funds out there that can be joined with very small minimums, sometimes as low as $100 or even less.
• The most micro investment of all is that of purchasing junk silver coins. A single silver dime can be bought for something around a dollar or so, depending on the daily spot price of silver. Micro investing in silver coins can even be a completely cost-free way of investing. By simply keeping an eye on the change one gets, it is possible to find an occasional 1964 or earlier silver coin still in circulation.

As can be seen from the above options, micro investing can be done by literally anyone with the willingness to give it a try.

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