What is Micro Investment? How to Get Started?

Jasmine

VIP Contributor
What is Micro Investment?

Micro investment is an investment strategy where you buy a fraction of stocks instead of entire stock. For example, if the price of certain stock is $100, you don’t spend $100 to buy the stock, you can invest a fraction of that stock with $25.

How to start micro investment?

In order to start micro investment, you will have to sign up with micro investment platforms like Robinhood, Webull, Acorn, etc. and fund your account to start investing.

Can you make profit with micro investment?

When you do micro investment, you actually invest in the traditional stock market, you buy stocks from big companies like Apple or Tesla. This works exactly like the stock market, the only difference is you don’t have to buy the whole stock, you can invest with small amount. This is the best way to get started with stock market investment when you have small amount for investment.
 

Mika

VIP Contributor
For a lot of people investing in the stock market is not accessible because you need to buy a minimum number of stocks and for that purpose, you might need a lot of money. Therefore, micro investment is the only option for them. Interestingly, for some people who want to invest in American companies even when they are not in the United States or are not United States citizens, micro-investment platforms are the only options. However, the most important question that needs to be answered is can you actually build a fortune with micro-investment? The definition of fortune can be different for different people, however, by fortune if you mean a lot of money, you can actually reach there if you invest regularly, for example, invest $100 every month and increase your monthly investment by 10-20 percent every year, and also reinvest whatever profit you make. In 20 years, you might be rich.
 
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