Investing does not have to be just for the rich folks. You can learn to invest incrementally, even if all you have is a few dollars or a few hundred from a payday advance loan. You do not have to spend thousands to get a good investment, and investing small amounts over a longer period, rather than one single large investment, will also help to reduce the risk of losing all your money should an investment go bad.
Invest Incrementally
You can start a Dividend Reinvestment Plan (otherwise known as DRIP). You can buy stocks directly from companies that offer these types of programs. The amount to start can be as little as $10 or $50 and you just buy more of the same stock each month in small increments. This will also help to reduce the impact of highs and lows on a stock by buying a little at a time over a long period of time.
Gold and Silver
You can also buy silver coins or bullion and invest incrementally in precious metals. Gold is pretty high per ounce, so would cost over a thousand, but you can still buy silver for less than $50 an ounce. By investing in precious metals now, you can preserve your buying power also if the dollar happens to fall in value by converting it back to currency when that happens. However, it is a good investment if you want to trade and sell precious metals, too.
Buy Seeds
For a few dollars, you can grow hundreds of dollars of groceries in your back yard. Most people do not think of gardening as an investment, but it can be when the cost of food increases drastically. If you also learn how to can or preserve that food, you can keep it from spoiling and save on your grocery bill year round.