I am thinking about starting to invest. With how much should I start?
Most advisors would tell you to begin with an emergency fund of 3–6 months of living expenses in savings. This is not an investment but is a great foundation. Next, I would try to begin systematically putting a percentage (10% is the goal) for your retirement). Finally, you would begin building your investment fund AFTER these 2 have been established. A no-load S&P Index fund it is a no-lose place to start. Again only invest money you don’t need to touch within 5 years. Read Tony Robbin’s book Money it will be of tremendous help. Finally when the market takes a dip and it will NEVER SELL just keep your systematic buying in place.
The same advice I have given my children when they started earning money as adults.
