How to Invest $1,000 Right Now

Investing is an essential of building financial security, but it can be intimidating when you're first starting out. Saving up $1,000 to invest can take a long time and a lot of effort, and you definitely don't want to make mistakes in your first efforts at investing.

In the following video, Motley Fool investment-planning editor Lauren Kuczala talks with longtime Fool contributor and financial planner Dan Caplinger about smart options for how to invest $1,000 in the market today. Although options like mutual funds and savings bonds are available for even smaller amounts, having a slightly larger amount gives you the potential to open a brokerage account and start using exchange-traded funds to invest. Dan runs through the basics, as well as giving pointers on how to keep your investing costs to a minimum to make your money work has hard as it can for you.

To learn more about a few ETFs that have great promise for delivering profits to shareholders, check out The Motley Fool's special free report "3 ETFs Set to Soar." Just click here to access it now.


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