"I want to invest 200$ per week. Which is the best way to go about this?"


"I want to invest 200$ per week. Which is the best way to go about this?"
200 per week is great, however you are going to get killed with trading fees.
The best thing to do is limit it to a certain number.
for example  I limit my invests to when I reach 1000.
At 200 a week per trade thats 56 trades a year. At 9.99 thats 559.44 or 5% of your total investment.
On the other hand if you wait till you have 1000 to invest thats 11 trades per year thats 109.89 or .98 percent of your total investment. that is an extra 449.55 to invest just by being smart about when you invest.
As far as to what to invest in, the easiest and best way to invest for 99% of the population is to invest in the Vanguard Total Stock Market Index Fund Admiral Shares.

No comments:

Powered by Blogger.