Wealth WeeklyHow I'd Start Investing With Just $1Hey zxcv, it’s Mark. “The best time to plant a tree was twenty years ago. The second best time is right now” This is the best piece of advice I’ve heard that applies to investing. It doesn’t matter when you start, what matters is that you just get started! So if I started investing again from scratch with only $1, these are the three things I’d do: Step One: Adjust Your Risk ToleranceBeing scared of taking risks is actually the most dangerous thing of all, as it will mean you’ll fall short of your full potential. Now, you should do everything in your power to swing the odds in your favour. But, you won’t be able to eliminate risk entirely if you want to become wealthy. There will be some risk in every opportunity, as nothing good ever comes easy. When I’m judging whether to make an investment, I compare the potential risk with the opportunity cost of not taking that risk. Here’s the thing, zxcv - knowing how to invest and actually doing it are two different battles. That’s exactly why I’m running an investing challenge inside my exclusive wealth building community right now. Although the top prize is nice (a MacBook Pro), it’s really all about you NOT doing this on your own. When you make your first investment and share your investing wins, you’ll have people cheering you on all the way. If you want to turn these three steps into actual money in your account, join in on the challenge here. Step Two: Set It and Forget ItI should have automated my investments a lot sooner. It forces you to prioritise your investments as the money is taken before you can even spend it. This is when you arrange to have a fixed amount of money taken out of your bank account every month and put into a pre-determined investment. Investing $100/month into an S&P 500 Index fund is a good example of this. First, determine how much money you want to save and from which account. Then go to an investment app (I recommend Trading212 as you can buy a fraction of a stock from just $1), look for the automatic investment option, and choose how you want to invest. Based on historical averages, when investing in a diversified portfolio of ETFs, you can expect to grow your money by an average of 8% per year. ETFs allow you to invest in an entire market quickly, and in a single transaction, by tracking the performance of an index. You can choose to invest in specific regions, like the top 500 companies in America with the S&P 500, the entire stock market, or even specific sectors like tech. Step Three: Avoid TemptationWhen there’s a craze happening, lots of people feel that if they don’t invest, they’ll lose out on an amazing opportunity. So, they start investing in things without fully understanding them. Don’t be tempted to do this. I always think the best tool I’ve got is my gut. You can usually tell if something feels right or not. Most of the time I can, but I always like to top this up with some extra research as well. Always remember, if an investment sounds too good to be true, it probably is. zxcv, what are your investing goals for 2026? I’d love to know, so hit reply to this email. As you know by now, I read every response. All the best, Mark Tilbury Mark Tilbury @ Tilbury Solutions LTD Amelia House, Crescent Road, Worthing, West Sussex, England, BN11 1RL You've received this email because you've subscribed to my newsletter. |