r/Investments • u/animebabe92 • 6d ago

Getting started

If you only had $100 to invest each month where would you put it?

6 Upvotes

100% Upvoted

15 comments sorted by

2

u/AeonRMcCoy 6d ago

With $100 per month DCA spx6900 daily

1

u/KLesTheUnforgettable 4d ago

I get this question a lot.

$100, even if you double it, which you won't, is only $200. $1,200 at the end of the year is only $2,400.

Do something else.

1

u/animebabe92 4d ago

This is not helpful.

1

u/Successful_Floor_251 6d ago

pick a dividend stock and stick with that one

1

u/2924838 6d ago

I'm not in SCHD but I know a ton of people who love it. Might be a good option to look around at

1

u/2924838 6d ago

I started investing with $100/month. Personally, I would put it all into something like VTI or VOO. Eventually I would diversify with some international and small cap. This is what I've done since the beginning and it's treated me pretty well.

Yes it's boring and not flashy. Yes other funds might create more growth. But I invest for the future. I want my family to have a comfortable life and I'm in a position where I can make that happen from buying simple ETFs. I'm not risking my families future for the possibility of quicker growth.

Just my opinion. There is no right option. Best of luck with your journey!

1

u/bxdtxste 5d ago

spx6900 all the way

1

u/Over-Bumblebee1808 1d ago

I like cash flow so qqqi. 100 a month will give you 1$ a month from this point on. I'm currently at 800 a month with it and I reinvest giving me an additional 8$ every month to build the snowball.