• Money

    The initial investment amount is $500

    If you’re going to invest, I think $500 a month is a good amount. This is because it’s an amount that allows you to feel the returns of your investment without significantly straining your daily living expenses. Although it may differ from country to country, nowadays, you can invest in stocks with just a few dollars. However, investing a small amount means that the returns will also be small. As I mentioned in a previous article, the average return of the S&P 500 in the US over the past 30 years is +7.89%. If you consider getting $40 without doing anything, isn’t that enough? If you continue investing $500 for…