How much $$$ do you need to start investing?...

“What is the minimum amount of money to buy a stock? Where and how?” — Kaly from Calgary, Canada.

This is one of the most commonly asked questions from CNNMoney readers. Many people want to become the next Warren Buffett, but they don’t know where to begin investing or even how much money they need to make the first purchase.

Short answer: $5.

 

Better answer: $500, and only AFTER you have built up your emergency savings.

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