I agree. $100 in one stock isn't a good idea. Plus, online trading companies charge a fee for every purchase and sale of stocks, so if you start with $100, you'll likely have to pay a fee of $12-$15 for the purchase. Now you have $85 worth of stock. If it grows 30% over 3 years, which is unlikely, you will will end up with a stock worth $110.50 after 3 years. Then you pay another $12 or so fee to sell it, and after 3 years and 30% increase in value, you waited 3 years to lose $2.00Originally Posted by Freakie_frog
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Find a good mutual fund and start with $500 - $1,000, and add to it as much as you can.![]()