Hi /biz/, I'm new to investing and would like to dedicate this thread to investing tips, info graphics, learning, and advice.
What would be a good amount of money to start off with? Best businesses to help with investing? Good online investing websites?
>What would be a good amount of money to start off with?
As much as you are willing to lose.
>Best businesses to help with investing?
Nah.
>Good online investing websites
Nah.
>>1390104
>What would be a good amount of money to start off with?
For first time investing, something you can lose that wont affect you but still gives you some manuverability. $1000, I would say, but depends on your specific situation.
>Best businesses to help with investing?
I would recommend a deep discount brokerage. E-trade, Scott trade, robin hood, dont go to full service brokerages, they are on their way out.
>Good online investing websites? nasdaq.com, bloomberg.com.
>>1390104
I'd start of with reading some books like trade your way to financial freedom and how to make money in stocks. You can check investopedia for general information.
You should start really small, or just use a demo trader. You are probably going to lose a bit at the start.