How to Invest Your First $1,000

Phil Town

20 comments.

You’ve saved your money and now you want to learn how to invest $1,000. Where do you start?

If you’re new to investing, it’s likely that you may not know what to do next.

The truth is that maybe, no one in your life has taught you how to invest well, or that no one in your family has been successful with investing up until this point.

You can join our extended family of Rule #1 investors and learn from our “Uncle” Warren Buffett and “Uncle” Ben Graham, who are incredibly successful.

Investing isn’t about jumping in wherever with $1,000. It’s not about saving more to jump in with. It’s about finding something that you love and you understand to buy. Learning to invest takes a bit of time, but the rewards are well worth it.

In this video I’ll cover how to invest $1,000, alternative places to invest, and small investment ideas:

Remember, just as Warren Buffett says: “Risk comes from not knowing what you are doing.” – Warren Buffett  Tweet this

Now I’d love to hear from you: “Have you held yourself back from beginning to invest because of fear? Fear of either losing money or not having enough money to make real profits?”

Did you know that that the financial services industry is making millions off of letting you believe these lies. Avoid paying your money manager huge fees by learning the 3 greatest stock market myths ever told. Click the button below to learn more.

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About Phil Town – Phil Town is an investment advisor, hedge fund manager, two-time NY Times best-selling author, ex-Grand Canyon river guide and a former Lieutenant in the US Army Special Forces. He and his wife, Melissa, share a passion for horses, polo and eventing. Phil’s goal is to help you learn how to invest and achieve financial independence. You can follow him on google+, facebook, and twitter.

  • Kent Supaman Williams

    thanks for the advice

  • mikew12345

    If you only have $1000 to invest, you have no business playing the stock market. The best thing you can do with $1000 is to keep it in reserve, and when you see a good sale on an item that you know you’ll use over the next year, then stock up on it. If you save 25 or 50 percent on the cost of something you would have bought anyway, you’ll be making a great return on your money with zero risk. You can’t touch that in the stock market.

  • Gary Edward Steiger

    I Was taught to Keep emotions out of investing and focus on the Numbers, the product, and the management. Liking the company is optional. Example; I don’t like marijuana however I’m deeply invested into it, and know it will Boom to a 21 Billion dollar industry by 2020

    • Dagmar Schult

      Ivesting in something that you don’t like and that even harms other people means being out of integrity. How do you deal with this? Does it make you feel good or make the money that might come in feel good to you? There is more to life than just getting rich. Don’t get me wrong, I learn to trade to get rich too. But I want it in harmony with my values. And there are a lot of stocks that do :)

      • Betty Brady

        Medical marijuana is intended to help sick people. It’s not something to get high on.

      • Gary Edward Steiger

        It heals not harms! I could get rich selling Heroin at school yards too but I stay away from that and idiots like you. You react without any education on the issue I’m Sure. I bet you use drugs prescribed via a Doctor, if so you’re the criminal. If you had any clue!

    • Robert Grajkowski

      Hi Gary,
      I also invested in legal Marijuana. Can i ask you which companies you invested in?

    • Kent Supaman Williams

      Hi Gary im also interested in investing in legalized marijuana myself, if you can give me some tips on where to start that would be helpful i would appreciate it.

  • unphazed

    My fear is in not knowing who to trust. We’ve all heard stories about people losing their life savings to some unscrupulous advisor . Even in the small town where I live there was recently an otherwise well respected member of the community in the news for running some investment scheme . I’ve been fortunate enough to save up a respectable amt of money that I would like to see grow but I’m super leery of being scammed.

  • Bart Sullivan

    Sounds good. Question, why do we use the term compound interest when the market does not actually compound, but provides a rate of return? For example, except for dividends that may be reinvested, the market actually gives us a return which is the difference from the price we bought versus the price when we sell. True compounding would mean that we earn a percentage on our previous growth amount.

  • raven7132

    Typical bullcrap bla bla without any meat.

  • Vinh Q. Tran

    To answer the question, I haven’t held myself back because of the fear of losing or not have enough money, but because I am not allowed to open a broker/investing account since I’m an international student.

    • Matthew Lim

      Many companies don’t have such restrictions. Try TD Ameritrade or optionsXpress. They don’t even require a minimum amount to fund your account.

    • Ramesh Ramalingam

      Hi Vinh, it is not true. If you have a social security number, you can create trade account.

      • Vinh Q. Tran

        Thanks for your reply, Ramesh. The banks in Canada don’t allow any SIN begin with 9——– to open a trading account.