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Well today we’re gonna solve one of life’s great debates we’re gonna talk about shoot you even invest is it even worth your time to invest a thousand dollars or less i see comments like this all the time in the comment section especially as of my investing for a beginners take video like stock market for beginners some of those type of videos i’ll sees people putting
Oh i only have $500 is it even worth it for me i only have $1000 is it even worth it for me to even start investing in the stock market are investing in general there are two schools of thought for this some people are gonna say yes you should some people are gonna say no you shouldn’t but almost every single time for the yes and for the no time almost always seen
The same reason and both the reasons in my opinion are not the reasons you should be thinking about or looking at i’m gonna debunk both of these all right so some people are gonna say yes you should you absolutely should invest that money if you’ve got 500 bucks saved a thousand bucks safe because you can like double that money you can make it into a bunch of money
You can look at this stock that’s gotten up 10x or something like that you could have bought that stock and imagine that thousand bucks is now worth ten thousand or something like that so that’s a reason i see a lot of people for the yes side oh man you couldn’t you could knock out a ballpark by investing in yatta yatta yatta stock another person will say no it’s
Not even worth it dude you got 700 bucks you got a thousand bucks you got 900 bucks no it’s not worth investing okay why you know you know you need to save up some real money when you save up some real money then you can go ahead and you can start investing when you get to the real money save some more save a lot more you’re not ready to invest it’s not worth your
Time at this particular time and to me someone that’s been investing for over ten years in my personal opinion both of these reasons which are what most people give both of them are bad a hundred percent bad in my personal opinion okay let’s debunk the yes one they say oh you can make a bunch of money on them money you can to x that are three x zero look at this
Stock that went up imagine if you would invest in that and whatnot that is super unrealistic okay the fact that you think you can just to extra money or three extra money or forks or money or whatever in a very short amount of time whether it be months or a year – it’s super unrealistic all right so the chances you’re gonna let’s say put you’re gonna use this
Say you got a thousand bucks say you’re gonna put a thousand bucks into some stock you find okay and over the course of the next year all sudden that somehow grows to five thousand dollars think i’m just gonna tell you if you’re hoping for that you’re just hoping for the wrong thing because it’s very very unrealistic all right the chances you do something like
That are so slim it’s like you know pretty much way way less than a 1% chance it is so unrealistic guys that you’re hoping for some type of huge monstrous gain in a very short amount of time on a small amount of money that gets you to a much larger amount okay so that’s debunked and then also then some people say no you need to save up some real money and my point
Is what is some real money what does that count as it does that mean you gotta save tell $5,000 do you have to say tell $10,000 let’s think about it okay let’s say you have a $10,000 saved well even if you double $10,000 that’s $10,000 profit you’re up to 20,000 you can’t even buy a new car with $10,000 okay so is that really considered for your money what about
$100,000 is that where you consider it real money what about a million where do you consider it real money where do you consider it enough to be worth it okay and the point is there’s really no specific amount that is considered real money everybody’s situation is different okay my situation is different than somebody else is alright gates’s situation is different
Than somebody else’s in them someone that lives in the united states of america situation might be different than somebody lives in a third world country everybody situation is different and what different people consider real money or a lot of money to invest it’s just different also here’s another big problem i have with this let’s say you save up let’s say you
Save up a ton of money you know on whether it be a hundred thousand or a million dollars or whatever amount of money is a lot of money to you right let’s say you saved that up and you go ahead and invest it but you have no experience and investing what do you think is more than likely gonna happen to you you’re probably gonna end up losing money because you have no
Experience in this so great you saved up a bunch of money you stuffed in the stock market or whatever however you invested it right and then also what’s probably happening money you probably lost a bunch because you have no experience so in my personal opinion it is absolutely worth investing whether you got a five hundred bucks or seven hundred bucks or a thousand
Bucks if you feel comfortable enough doing it and the reason being is you’re gonna get what’s called experience and this is what is key and investing it will make you a better investor as time you have to learn by actually getting in action if you just wait on the sidelines forever one you might never get in and that’s the worst situation you might never get in
To you’re not going to get any experience any real-world experience doing this and my question to you is imagine you were you owned a company right and you were hiring people to do a job would you hire them if they had no experience doing that probably not because you realize dang i’m gonna have to train them for a long time especially if it was a complicated job
Right imagine trying to hire a doctor or someone to do surgery that’s never done surgery like it’s so unrealistic right you’re like dang they got to go to school for all this time because they have no experience and then stock market investing if you haven’t been investing you’re gonna have no experience and here’s my point okay when i first started investing i
Had like 300 bucks like my first investment was like 300 bucks this was like end of 2008 beginning in 2009 i had hardly any amount of money my first few years of investing oh is key about that is i was getting experience in the market i was learning with fluctuations and that was a crazy time in the stock market and nowadays we fast-forward and i have you know for
Instance i count this over two hundred thousand dollars just for my private stock market group to look at never mind all my other six accounts we have as far as the stock market goes and that never ever ever happens if i don’t start investing with that first 300 bucks and get it rolling and then try to save you know another hundred or two hundred and put that into
My brokerage account and build that and then just keep going and as i got a better job and i saved up more money i was able to start investing a thousand dollars every few weeks or maybe $2,000 every few weeks and you continue to build up but nothing ever happens without that initial investment and so you have a lot of people that just kind of put themselves down
They say oh i only have blah blah blah amount of money i only have five hundred bucks only have three hundred bucks only have a thousand dollars and they say it’s not enough money to invest because i what am i gonna really make it into when you under try to understand like that’s the whole point is you get started you start building and that is what’s key to if
You ever want to get a huge accounts you know accounts that hundreds of thousands of dollars in them or millions of dollars the best time to start is now okay and the best time to start was five years ago and the best time to start before that was another five years before that and as a great expression they say the best time to plant a tree was yesterday right
And guess what when you’re getting into the stock market are you starting to invest the best time was yesterday or five years ago or ten years ago or 20 years ago or 30 years ago so on and so forth so if you’re looking at it when should i go ahead and start guess what you’re gonna be looking at back five years from now ten years from now and saying what why didn’t
I get started because a lot of people they just say oh i only have such a such amount of money and they never get started here’s the other beautiful thing about stock market investing it’s not just about the experience but it starts giving you a goal to save more money or make more money so you can funnel those into your accounts and those gains can start making
You more and more money you can start collecting more on dividends you can go ahead and hopefully start taking profits on stocks and moving that money into new stocks and actually doing capital allocation it starts giving you a goal out there when a lot of people have a lot of trouble saving because they don’t really have a goal so they never really get focused on
Trying to make more money or even save more money because it’s like at the end of the day and they’re like i’m probably just gonna spend that anyways or or what’s the real reason when also you have something that you’re actually building it’s a really good feeling it’s a really strong feeling that you can build up to the next level and next level the key is to get
Started regardless of how much money you have but i would always suggest people i always worry about the most are the people that have a ton of money saved and just hop in the stock market like let’s say let’s say they got a life savings you know they’ll say they’re 30 years old and they’ve been saving and saving saving for years they got 50k and also they plow
It those are the people i worry about the most i just have all their life savings you know 50k or 100k or 200k and they plow all in the stock market at one time because those people don’t have any experience and they got real money if you’ve got 500 bucks saved okay let’s just say for instance you somehow lost all $500 which is so super unrealistic if you’re a
Long-term investor investing great drake companies okay it’s possible if you’re messing around with penny stocks are doing something like that but $500 just lose either let’s say you got 500 bucks you put in the stock market and you invest in some stocks is so unrealistic to lose all that money if you’re investing great companies but let’s say you did somehow okay
You lost all 500 does that really make your life likelike that much harder what are you gonna do with that $500 it’s not like that’s was magically going to change something right whereas somebody that might have had one kay safe and that was our life savings they plow that in the stock market and let’s say they lost that or a big portion of that that’s a big hit
Okay so the earlier you get started the faster you’re gonna gain experience the faster you’re gonna get a goal in the faster you’ll be able to build wealth overall just remember the longer and longer you wait the more and more you’re gonna look back and say why didn’t i start fighting it you know many people look back and they say man i wish i started investing
When jeremy started investing about 2008-2009 what a great time that was and by the way unfortunately back in those years i had hardly any money invested some people like to say oh man you you must have made so much money coming out at 2009-2010 time because the stock market just went up crazy bounce off those lows i had like hardly any money at that time i was
Investing hundreds of dollars and maybe a few thousand n time it’s not like the jeremy nowadays where you know my investments can be tens of thousands or hundreds of thousands of dollars at a time back then it was like hundreds of dollars or a few thousand dollars at a time so i wish i had mondo money back then because i’ve heard just absolutely you know you just
Exploded accounts it would have been crazy but it is what it is guys just remember if the longer you wait the more you’re gonna lack experience overall hope you guys enjoyed this make sure you share this with somebody you know thank you for watching have a great day
Transcribed from video
Is It Worth Investing Less Than $1,000? Investing For Beginners Truth By Financial Education
