The earlier you start investing, the more compound interest will work to your advantage. This article covered a lot of ground, but you should now understand the basics of how to invest your money. Investing might seem complex, but taking a little time to learn about it can really pay off. Start Contributing To Your 401(k) Most American employees have access to a 401(k) plan through their employer. These firms buy and sell stocks on your behalf, often charging commissions and fees on the trades that are made within your account. Remember, investing is how you really start building wealth, and means you won’t always have to rely on your paycheck alone for income. First, you need to figure out how much you can invest each paycheck, whether it is investing $100 or $10. Every little bit adds up and you should always try to invest as much as you can. For just a few dollars, you can create an automatic investment plan that will help you start building your portfolio. Like so many other good intentions, an investment goal is just a dream until you have a plan to reach it. Business Insider asked financial planners how to start investing and nearly everyone said index funds. How To Start Investing for Millennials (7 Steps) 1.
Figure out how much you can invest.

That said, before you funnel all your money toward investments, you need to be able to comfortably cover all your expenses and have enough socked away for …
1. To start investing, you'll need to work with a brokerage firm. Furthermore, knowing that you’re covered against sudden emergencies will make you a bolder investor, which can net you higher returns for your finances. It's one of the best ways to meet your financial goals. More than anything, I want you to take action on the advice we laid out here and start investing today. The best way to start investing isn't one dimension, and there are many paths to follow to build your wealth for the future. A second way to start investing with a small amount of money is to sign up with an online discount broker like ShareBuilder, which operates in partnership with Capital One. Just be cautious of quick return investments. Start Investing Today. Start by understanding the basics of risk. But before you start investing, it’s essential to build your safety net in case something goes wrong with your investment. Start Investing. If you fall into this group, contributing to your 401(k) is one of the easiest and best ways to start investing.