J.C.’s Money Blog

$1,000 is currently my minimum amount for making a stock purchase, because the $7 transaction fee comes to less than 1%, and the potential return or loss on $1,000 is just enough to make me do my due diligence seriously. (Otherwise the return on time is not worth it.)

My rule of money number 1, was to only seek out win-win transactions as a means to build wealth. For me long term investing is a win-win transaction, whereas day trading is hoping for a win-lose transaction.