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How much do I have to invest?
by rendy, 17/10/2006 02:12.
United States
Hi all,
I am new to investing in stocks, and like the idea of putting money in the stocks.
How much is the minimum amounts of money that is worth investing in it?
If I had say just $2,000, is that worth investing?
Do people invest amounts that small?
Thanks
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RE:
How much do I have to invest?
by ellis, 17/10/2006 11:57.
United States
As far as I know, Ameritrade set a minimum deposit of USD 2,000 to open a new account. I guest there are many new investors start with that number.
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RE:
How much do I have to invest?
by blank, 22/10/2006 12:59.
Singapore
I am with Ameritrade and they set the minimum deposit as low as $2,000, but they will charge you for administration fee or something.
To prevent administration fee, you have to deposit at least $5,000 AFAIK.
Correct me if I am wrong
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