Skip to site content
The Show

How to Invest $1,000 in 2019

Happy New Year Money Guy Show Family! There has never been a better time to buy into the market and start investing than right now! Between investment options and low-cost investments, you have an opportunity to supercharge your finances by investing.

Unlike earlier years, today you have access to different financial products that simply weren’t available before. And If you have less than $250,000 in investable assets, you probably don’t need a financial advisor just yet. Meaning, you can jumpstart and build wealth on your own for now.  If you have more than $250,000, then it’s probably time to consider hiring a co-pilot to avoid making financial mistakes and maximize your investment returns.

Either way, no matter where you are in your financial journey, today’s episode shares the 9 steps you can take to invest $1,000 right now! Imagine the impact properly investing $1,000 can have on your growth potential. We talk about that and so much more in today’s show.

Here is what you’ll learn in today’s episode:

  • How to jumpstart a successful investment strategy
  • The 9 Steps to Invest $1,000
    • Step 1: Put it into your emergency fund if you don’t have it funded yet
    • Step 2: Go get your free match from your employer-sponsored retirement plan
    • Step 3: Bury the Zombie Debt {check out this past episode!)
    • Step 4: Shore up your emergency reserves with 3 to 6 months of living expenses in an FDIC-insured high-yield savings account OR funding your Health Savings Account (HSA)
    • Step 5: Load up on your tax-favored account i.e. put it in your Roth IRA and Health Savings Account
    • Step 6: Supercharge your retirement and max out your retirement accounts
    • Step 7: Save 20% of your total income every year for your future so you can build financial independence
    • Step 8: Pay down your mortgage
    • Step 9: If you’re already financially independent and doing all of the above, invest in the lives of other people!
  • How to specifically invest your money depending on which step you’re on in your financial journey

Enjoy the Show?

Where You Can Watch and Listen:

Subscribe on these platforms or wherever you listen to podcasts for new episodes every Friday, live streams every Tuesday at 10am CT, and new highlight clips throughout the week.

Related Content

Free Resources

Financial Order of Operations®: Maximize Your Army of Dollar Bills!

Here are the 9 steps you’ve been waiting for Building wealth is simple when you know what to do and…

View Resource

Wealth Multiplier By Age

How much to save every month to become a millionaire.

View Resource

How Much Should You Save?

How much of your income can you replace in retirement? You can replace different portions of your income in retirement…

View Resource

Articles

Exclusive Sneak Peek of Millionaire Mission by Brian Preston

, ,

Read More

How To Save for Retirement When You Have a Pension

, , ,

Read More

How Will the Next President Affect the Stock Market?

, ,

Read More

Financial FAQs

Courses & Tools

How about more sense and more money?

Check for blindspots and shift into the financial fast-lane. Join a community of like minded Financial Mutants as we accelerate our wealth building process and have fun while doing it.

https://moneyguy.com/wp-content/uploads/2023/10/accent-icon-book.png

Millionaire Mission (Brian’s Book)

Buy Now
https://moneyguy.com/wp-content/uploads/2023/10/accent-icon-math.png

Know Your Number Course

Buy Now
https://moneyguy.com/wp-content/uploads/2023/10/accent-icon-pencil.png

The Money Guy Net Worth Tool

Buy Now

Recent Episodes

It's like finding some change in the couch cushions.

Watch or listen every week to learn and apply financial strategies to grow your wealth and live your best life.

When Always Be Buying Goes WRONG

When Always Be Buying Goes WRONG!

Watch Now

Financial Advisors React to Horrible Tax Advice on TikTok

Watch Now
2025 Tax Changes

2025 Tax Changes You Can’t Afford to Ignore!

Watch Now