When it comes to setting up a winning portfolio, picking the best investments is essential. But what stops many potential investors from ever getting started is the mistaken impression that you need a huge amount of money before you can begin implementing a smart investing strategy. I’ll admit to being guilty of giving advice like that in some of the articles I’ve written. From time to time, I’ve suggested that people drop $5,000 into a Roth IRA or buy 100 shares of half a dozen different stocks, even while I know that most people don’t have thousands of dollars sitting around. And although mutual funds and direct stock purchase plans let you get started with $100 or less, you may well want to strive for the bigger rewards that choosing individual stocks can give you. So, if you’re tired of hearing advice that you can’t afford to take, let me tell you how you can prioritize your investing without giving up on your ultimate goal of financial independence.
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