Curious How Others Started, and What They Would Change

[James Trobaugh]

For those who started out with little to no money, how did you manage, and if you could start over, would you take the same route, and if not, why? What plan did you use, and did that plan become versatile during your growth? Also, were there any unexpected problems or issues you wish you could have avoided? I'm interested in anyone willing to share, but more interested in those who started with little to no capital.

[V.G Jason]

Quote from @James Trobaugh:

For those who started out with little to no money, how did you manage, and if you could start over, would you take the same route, and if not, why? What plan did you use, and did that plan become versatile during your growth? Also, were there any unexpected problems or issues you wish you could have avoided? I'm interested in anyone willing to share, but more interested in those who started with little to no capital.

 I think the most important lesson is to start investing in a position of strength financially. I can go on a long, long winded post but the reality is a lot of people's mistakes are the lessons you can learn from.

I started out "investing", not REI, but just general investing in 2005. You couldn't buy fractional shares, house prices were running, **** San Jose after the tech collapse looks a lot like today after the tech job cuts. But what I learned in 08-10 is that the downs of the markets will define you more than the ups.

Once you can get over the immediate gratification of investing, and understand delayed gratification. You'll realize why coming in with a position of strength is vital-- if you cant practice such discipline, the realities of the market will make you. It's not your choice.

I don't think seeking an answer on how to invest with little to no capital should be your goal. Your goal needs to be discipline, you may be young though so you'll learn.