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This story is more about saving than investing. If your net worth is less than $10,000, you need to save, save and save some more! Future articles will address larger sums.

I have been asked many times in person and in the comments section about how to get started as an investor. Since it is essential to have something to invest besides your time, two things above all are required: Educate yourself, and be thrifty in your spending habits.

Most people reading the AOL Money & Finance section probably have ten grand to invest. If you do not currently have $10,000 to invest you are in trouble and there is no time to waste.

First: Reduce spending on extras, even extras you think you need to live.

Continue reading Your first $10,000: Getting Started

Your first $10,000: Getting Started originally appeared on BloggingStocks on Wed, 20 Dec 2006 15:19:00 EST. Please see our terms for use of feeds.

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