Sunday, September 11, 2011

Can I start investing in stock with only $100? | Articles About Finance

how much would this $100 turn into in 1 year?
First off, no brokerage will let you open an account for $100. A bare minimum would be $500. And more than likely $1,000.

Also at $9.95 a transaction, if you do a buy and sell (a round trip), you would need a 20% increase in your stock price to just break even. Come back, when you have at least a thousand, and you might have a chance (barely).

Your $100 is likely to turn into 0 within a week.

Source: http://article-finance.com/can-i-start-investing-in-stock-with-only-100/

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