Investing is a great way to make generative passive income . Investing is a long term financial plan. There are many ways to invest. You can invest in stocks , bond , cryptocurrency ,and mutual funds.
A few good platforms to start are Acorn , fidelity , ameritrade. When making an account , you will have two options - a brokerage account and a robo advisor account. A brokerage account is the easiest and least expensive way to buy stocks
Individual stocks - if your after a specific stocks then invest , possible to make diverse portfolio , but will need time and research. This depends on how much the individual stocks you want to buy and how expensive the shares for the company are.Mutual funds usually start at 1000 ,but could be less.
Don't look at your stocks , focus on long term, the more you look the more impatience will take over you leading to regrettable decisions. Make sure your see if your portfolio matches your goals.
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