Hello guys, I would greatly appreciate some help in terms of info/advice from your side.
The situation in the family forced me to drop out of college and to start helping (financially) a certain member of my family. Investing really attracts me both because I don't need any papers of my acomplished education to start and because of the lifestyle and financial security you can create down the road for yourself and your family.
What I would like to know is, how much money do I need to start actively investing and getting monthly income from it? I imagined it like this: start day trading, save up some money and then combine active investing (for immediate income) and passive investing (long term). To get the initial capital, I would find some job and save it up, untill I hit the number for investing. I'm already actively learning about investing, took some classes on coursera, bought some books, and I also plan to firstly train on one of those accounts with fake money they offer you i.e. +500 trading platform, before I start with real money.
Do you think this would be a good plan? If so, how much money do I need to start "safely" (low risk) day trading and making monthly income off of it? For starters $1000 of monthly income would be enough.
Thank you in advance for all the answers.
Submitted June 07, 2017 at 06:20AM by Antitheton http://ift.tt/2sCYWpm
