There was a time when working for money, saving, retiring, and living off the interest of your savings account was possible. But today, money is no longer money. Working harder for paper money without converting it into economic assets is like diving without an oxygen tank – you might be fine for a while, but eventually you’re going to run out of air. So, what to do?
People frequently ask us if they can get started investing with little or no money, or more specifically… “Does it take money to make money?” For the most part, the answer is “Yes.” The caveat is, however, it doesn’t have to be your money; And where you invest money is probably more important than how much of it you have to invest.