The "daily Call" From Option Alpha: Options Trading | Stock Options | Stock Trading | Trading Online

#788 - What Is A Good Amount Of Money To Start Investing?

Informações:

Synopsis

Hey everyone. This is Kirk here again from Option Alpha and welcome back to the daily call. Today, we’re going to answer the question, “What is a good amount of money to start investing?” I think that honestly, you should start investing with whatever you have, so as much money as you can possibly sock away into an investing account or a retirement account, you should start doing that right away. In fact, it’s often been said that the best time to plant a tree is 100 years ago or today. And so, if you haven’t already started investing, then the next best time to start is today, right now. Literally today, start transferring money into a brokerage account, into a retirement account and start putting your money to work because we know that the power of compounding works in our favor the longer that we have that money invested in compounding. When it comes to trading and specifically, trading options, we do believe that you should have at least $5,000 to start. And we say $5,000 not because we just pulled random