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Want to Start Investing? Here is How!

Want to Start Investing?  Here is How! investing Investing can be a scary topic for many.  When I first got out of debt, I had no idea what I wanted to do with my money.  Where would I put it?  How would I grow it?  I was a little ahead of the game because I setup a 401(k) when I first started working.  The issue was that I was not contributing much to it.  That was by design, but that was my first step into investing.  I changed my percentage withheld from each paycheck and started looking at what else I could do.  Investing is only as complicated as we make it out to be.  Yes, there is a slight learning curve, but it is not that difficult.  You can dig deep into it if you wish, or you can ride the top level and still succeed.  The main thing about investing is that you just need to start.

With the extra money that I was saving from not paying credit card bills, I started my brokerage account. I went with Scottrade and am still with them. I also have a Betterment account for my Roth IRA.  Both of these accounts are looked over by me in my Personal Capital account.  I was a little scared when I first jumped into investing, but after some time, I realized I was the major barrier to not investing.  My apprehension to the idea was just holding me back.  Now that I have been investing for close to two years, I love it.  I want to invest more and grow my money even more.  There are so many opportunities when you start investing.  If you want to start investing, here is how…..

Learn how to start investing over at Sprout Wealth

 

Image courtesy of Stuart Miles / FreeDigitalPhotos.net

Check out My Favorite Investing Site

I have started to invest with Motif Investing. It is awesome.  They have a unique product and their commissions are low for what you get.  You can fund your account with very little money and get started investing.
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About Grayson Bell

I am an average Joe, who built up over $50,000 worth of credit card debt and had to learn how to break it back down. It took 4 years of learning budgets, secrets, and many other personal finance tricks in order to cut the debt to $0. Now, I push to teach others not only how to get out of debt, but how to use credit wisely and how to start growing their wealth. You can view my other site, Sprout Wealth for ways to grow your money. I am also a freelance personal finance writer who provides staff writing and ghost writing services.

4 comments

  1. I think you’re right – the first step is to work on your 401K up to the employer match, then IRA, then personal investing account.
    Derek @ MoneyAhoy.com recently posted..Find a Competent Insurance AgentMy Profile

  2. Great post, Grayson!
    My husband and I definitely started investing slowly… the most important thing is to make it as easy as possible.
    Now, we have our 401-K for work, we have our Roth IRA’s set up and we have our own separate investment account that we play with. But it didn’t happen overnight. It’s something that everyone can do at their own pace. Reading helpful and informative PF blogs like yours definitely helps to increase knowledge, thereby alleviating investor newbie fears. :-)
    Anneli @thefrugalweds recently posted..Saving Money Isn’t EverythingMy Profile

    • Investing doesn’t happen quickly. You have to take your time and make sure you understand it. That being said, I never thought it was difficult. I was actually the one making it harder than it really was.

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