Is there a way to start off small in the stock market and make money part time doing it?
Public Comments
- No
- You mean make money that will be supplemental income? Not really, no. To make enough money through dividends (the easily moveable profit) you have to invest quite a lot or pick stocks that pay out large dividends, which is limiting. You can make a lot of money in the stock market starting off slowly, but its hard to generate a constant liquid cash flow doing that.
- Make money to live from? Nope. Without being risky, you could expect no more than 6% a year, and that doesn't take into account that there are bad years and good years. For 6% to earn you $10,000 a year, you would need a base account of $166,666. In reality, it's much more, because in a down year you would withdraw more of your original amount than you would get back in future years.
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