This blog and its contents are intended for general education and information.
This blog is not intended as financial advice. Prior to implementing an investment plan, a person should thoroughly consider their own risk constraints and objectives.
A very common question individuals pose to the financial advice community is "how do I get started?" This is often followed by "how much money do I need to make this worthwhile?"
Both questions are valid, but there exists a temptation to make the answers too simplistic. The best answers are that each person's situation is unique to them, and that any financial plan or investment approach needs to be highly tailored to that person.
Having said, there is a general top down approach that DRW Financial would take with a prospective client:
These 5 steps provide a very general overview for the "how to get started" conversation. The second piece, as to how much money is necessary to begin an investment plan, will largely depend on the above - there is no magic number or absolute minimum necessary to get started on your financial goals!
David R Wattenbarger, president of DRW Financial
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