2023-08-30 05:05:00 ET
It doesn't require thousands of dollars to begin investing. What's important is adding money to a portfolio of stocks every month. Even if you have only $100 or less to start, it can add up to thousands over several years due to compound growth . The key is to focus on buying shares of quality businesses that have good growth prospects.
Now is a good time to get started because last year's market sell-off sent great companies down to bargain prices. Here's why Walt Disney (NYSE: DIS) and Lovesac (NASDAQ: LOVE) are great investment opportunities right now.
The market is offering investors a rare opportunity to buy Disney stock at bargain prices. Disney's brands have been entertaining families for a century and will likely still be doing so 100 years from now. However, the stock has fallen sharply from its all-time high of $203 a few years ago. The slide follows weak financial results at the company's media networks (ABC and ESPN) and worsening operating losses at Disney+.
For further details see:
2 Top Stocks to Buy With $100 Right Now