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The other day I received a question on one of my videos:
This is a GREAT question, and I promised that I would answer it in an article.
So here we go 🙂
How to Start Trading Stocks With $500
Before I answer the question, let’s do some simple math:
When I use PowerX Optimizer, I am looking for stocks that had at least 60% return on investment over the past year.
Making 60% in the stock market consistently is a great accomplishment!
Yes, of course, every now and then you will have a trade that doubles, triples and maybe even quadruples your money.
But you will also have some losing trades. 60% per year is an excellent result if you can make it consistently.
For this article, I want to be even more optimistic.
Let’s say you can DOUBLE that, and you can achieve 120% per year.
Based on a $500 account, you would make $600. You would grow your account from $500 to $1,100.
Or, if we look at it in a different way, you would make $50 per month = $600 per year / 12 months.
I don’t know about you, but $50 per month doesn’t sound very exciting.
