How to Start Investing in 2024 (WITHOUT Buying Real Estate) [Video]

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Investing doesn’t have to be complicated. In fact, investing for beginners can be pretty simple. With just twenty-five bucks, you can start building wealth TODAY and grow your rich retirement nest egg. If you’re wondering how to start investing in 2024, this video is for you. Chloé Daniels, money coach, will walk through the six steps ANYONE can take to start investing NOW. And we’re NOT even mentioning real estate! Instead, we’re talking about truly passive investments (like index funds!).

Whether investing for retirement or early retirement, you must follow these six steps. Doing so will help you slowly build up your initial investment and eventually could lead you to retire five, ten, or twenty years earlier and reach financial independence on YOUR timeline. Do you have some extra money in the bank and want to build wealth? Then, let’s get started!

00:00 How to Start Investing
02:06 1. Know Your Risk Tolerance
02:46 2. Use Retirement Accounts
04:44 401(k)s Explained
06:05 IRAs Explained
08:52 HSAs Explained (Health Savings Accounts)
10:52 3. Choose Your Investment TYPE
13:19 4. Invest in Taxable Accounts
14:38 5. Know Your Wealth “Mode”
16:12 6. Start with ANY Amount