How do I start investing with $500?

InvestingWarren TeamPublished April 25, 2026

Quick answer

Open a Roth IRA at Fidelity or Schwab (free, 10 min), deposit your $500 via ACH, and buy one broad-market index fund like VTI or VOO. Total cost: $0 in fees. The hardest part is starting.

Steps to start investing with $500.

The information provided is for educational purposes only and should not be considered as personalized financial advice. Warren is a registered investment advisor. Past performance does not guarantee future results. Please consult with a qualified financial advisor before making investment decisions. Read our disclaimers.

All questions

Get an answer built on your own numbers

Warren reads your accounts, then answers questions like this one with your real income, taxes and goals in mind.

Try Warren Free See a demo