Business
Where I’d invest my first $500 into ASX shares – Motley Fool Australia
If I were investing my first $500 into ASX shares I would pick diversified LIC Future Generation Investment Company Ltd (ASX:FGX).
I think that investing in ASX shares is a great idea if you’re wondering where to start with $500.
You don’t need $50,000 to start investing in shares. You can start with $1,000, or even half that amount. It also costs very little to do a transaction. Buying (or selling) a property usually costs many thousands of dollars.
But which share should you buy? There are lots of different things you can invest in. These days one of the best ways to get started is with an exchange-traded fund (ETF) whi…
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