berryjam@lemmy.world to

No Stupid Questions@lemmy.world · 12 hours ago

Is it worth investing if I can only contribute $50 a month?

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Is it worth investing if I can only contribute $50 a month?

berryjam@lemmy.world to

No Stupid Questions@lemmy.world · 12 hours ago

Assuming I have a time horizon >10 years.

Edit: thanks for all the replies!!

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Financial advice will always be intrinsically linked to fiscal advice, and that will vary with jurisdiction. Where I live we have no 401k or medical debt, but we have other debt and investment instruments with preferential tax treatment.

The main line of the flow chart is sound.

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