Money may not buy happiness, but it sure can provide security. In today’s world, being financially secure can relieve anxiety and stress, and who couldn’t use a little of that?
But just how do you go about becoming financially secure?
You could get a side hustle. You could find better ways to save. Or you can use your money to make more money.
With as little as a few hundred dollars, you can help shore up your savings and get that financial security that you’ve been looking for.
If you want to invest on your own, the first thing you need to do is open an online brokerage account.
An online brokerage account is the easiest and most inexpensive way to buy stocks.
If you don’t know anything about brokerage accounts, here is a good read that can shed some light on that subject.
If you think you’re ready to get going, here are two of your best options for opening an account, according to nerdwallet…
TD Ameritrade:“TD Ameritrade makes up for higher-than-average trading commissions with better-than-average service, research and trading tools that will make everyone from beginner investors to active traders happy.”
Plus, trades are only $6.95 and there’s no account minimum.
Merrill Edge: “Merrill Edge offers high-quality customer service, robust research and low fees.”
And like TD Ameritrade, there are no account minimums and trades are also only $6.95.