Short YouTube monologue by Louis Barajas advising new investors that investment platforms (Fidelity, Schwab, Robinhood) have no minimums and that successful investing begins with the right mindset—taking responsibility, opening an account, and making regular deposits regardless of amount. Emphasis is on accessibility and personal responsibility rather than the dollar amount invested.
So listen, when you're starting out, you have lots of choices right? Now, when I first started in this industry, there were no very, very little choices. Unless you work with a financial professional, you don't have to work with us at all. What you can do is you can go directly to Fidelity, you can go to Schwab, you can go to Robinhood. And those people do not. And those custodians do not have any minimums. You can invest with a dollar, you can invest with $10, you can invest with $20. And I'm just telling you that these the importance is not the amount of money that you're investing. The important thing is that you have the correct mindset that you're willing to go online and open up an account, connect your checking account to it, and have money being deposited in there. Weekly, monthly, quarterly, annually. Doesn't really matter. But it's the mindset that you can have control over your finances and it's up to you to do it right. So you're taking full responsibility.
