1. Open an E-Trade account and deposit $25-$50 per week into it. Then invest in low cost index funds (VOO, SPY, VTI) anything that's diversified and has a low expense ratio.
2. Open a Fundrise account and start investing into real estate without having to have tens of thousand of dollars for a down payment. If you don't like Fundrise, then consider $10/month into REITs (Real Estate Investment Trusts) which are publicly traded real estate trusts that distribute 90% of their taxable income as dividends.
3. oOpen an Acorns account and start rounding up whenever you get the chance, this allows you to invest in yourself using your spare change.
Four Reasons to Avoid "Theme" Based ETFs:
1. The ridiculously high fees, thematic funds are notoriously expensive often with fees around 1%
2. They don't have any track record and lack a performance history or consistent management.
3. Most of them have already failed with about 80% of thematic funds close within the first five years of their existence.
4. The theme is usually completely misleading.
If you are under 30yrs old EVERYDAY YOU WAIT IS ANOTHER DAY YOU WASTE.
DISCLAIMER: this is not financial advice and is only for educational purposes only.
