Many individuals have the wrong idea about saving and investing their money. There is large group of people out there who believe that in order to make a viable investment they must have a large amount of money. In recent years this has become even more untrue with many new products that help serve those who have saved up small amounts of money to invest.

If you want to invest in the stock market with small amounts of money DRIPS and Direct Purchase Plans are perfect for you. These are both great because they have no minimum investment amount and no minimum monthly or annual contribution. This is a great way to invest directly into a certain stock and only buy portions of a share. DRIPS and Direct Purchase Plans are perfect for those who are patient and are investing with small amounts of money.

Want to invest in a mutual fund, but you’re afraid you won’t have enough? There is good news for you here as well. More and more mutual funds are moving to make themselves available to even those on a shoestring budget. There are quite a few mutual funds with a minimum of $500 or lower now. In fact, there are several funds with a minimum of just $250, or even $100 to open an account. Typically, index mutual funds have lower minimum requirements.

If you are looking for a guaranteed return, many banks are offering low minimum certificates of deposit and money market savings accounts. While you may not earn quite as high of yield as those who have a huge bundle of money, it still sure beats the heck out of just having the money sitting in a piggy bank making you absolutely nothing.

The fact is, every little bit of money you save can and should be invested. The days of only the rich being able to invest are long gone.