Sun Jun 29 2025, by Tyler Gardner
How I'd Invest My First $1,000 as a Former Financial Advisor
I'm Tyler, and if any of this is helpful, sign up for my free newsletter by clicking the link in my bio.
1. Skip the S&P 500 Index Fund
With my first $1,000, I would not invest in an index fund that tracked the S&P 500. This will teach you absolutely nothing and is a waste of your first $1,000.
2. Buy Individual Stocks
Instead, with my first $1,000, I would buy all individual stocks. Remember, this first $1,000 is not your retirement plan; it's an investing education, and it's the cheapest tuition payment you'll ever make.
3. Track Your Responses
I would then track exactly how I respond to stocks that go up and how I respond to stocks that go down. I want you to learn what it's like to pretend you knew what you were doing and also what it's like to remember that you don’t.
4. Embrace the Lesson
Ultimately, yep, I'm gonna say it. I want you to lose it all, so you will always remember you should have just invested in the S&P 500 and called it a day. This is a lesson, like most others, you will only learn by doing. An expensive lesson, cheaply learned.
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