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  • Australian Women’s Weekly NZ

    Money matters With Effie

    Sep 08, 2021 4 minutes

    Myth 1: You need a lot of money to start investing

    Busted: You can start investing with as little as you like…

    Typically you’ll need a minimum of $500 to invest in shares directly. Unfortunately that won’t get you much of an investment but you can become an investor for a fraction of that and stay diversified.

    Micro-investing platforms such as Spaceship Voyager, Raiz and CommSec Pocket allow you to invest your small change in a variety of ready-made portfolios made up of exchange traded funds (ETFs).

    Spaceship Voyager, for example, allows its users to get into the share market with as little as they like. It offers three portfolios where

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