Beginner investors are often tempted to think about the future returns that they may be able to count on over the long term. Yet the way you start a new investment portfolio dictates much of the progress that you can hope to achieve later down the road. Beginner investors can realistically start with any amount, but their profits will be directly tied to this initial deposit for much of their early investment careers.

Investing is a long-term commitment, and traders must be prepared to understand their profits in the context of their full financial pictures. Making this leap from single-minded focus on future performance is a huge step in the right direction. Read on to understand how these additional financial considerations can create the leverage that you’re looking for to boost positive yields on all of your financial products.

Credit Cards

A credit card is nearly ubiquitous in today’s world, in North America and everywhere else. Consumers rely on their credit scores and a variety of credit card offers in order to underpin spending habits. Yet a credit card can easily become a major burden for anyone who isn’t careful with their repayments. In the United States, the average consumer owes around $6,200 in credit card debt.

Credit cards in Canada are used responsibly more often on average, but the need to temper usage and ensure that you are using a card that provides you with ample rewards and a prime rate remains high. Merchants (grocery stores, third-party banking institutions, online retailers, small businesses, etc.) accept a variety of credit cards, so selecting one that gives you, as the cardholder, cash back or travel reward points and elite status with every purchase is a great way to boost your credit score while also raking in excellent bonuses simply for using a credit card responsibly instead of your debit card.

Purchasing with a credit card requires a strategy, though. Charging your groceries or other bills to your card gives you the ability to pay off the expense at your own pace, but taking too much time to tackle this debt can lead to increased expense on top of the principal owed. A new card often gives you access to zero interest rates as a promotion, or doubled cash back on eligible purchase categories, so evaluating new offers and the rates, annual fee, and credit score needed to open an account is something that consumers should do regularly.


Investing in the credit health that you enjoy is the flip side of the coin in the saving world. This component is lesser known but equally important. The more immediately visible component of your investments, however, requires no less urgency. Investments demand research and care, just like your garden, children, and career. A flourishing investment portfolio is no small feat, but it can be made easier with a commitment to finding the best investments for accredited investors, retail investors, and everything in between. Researching and identifying great products for your portfolio will provide you with the counterweight to the debts built up on credit accounts.

While your owed balances accrue interest, so too do your savings products. Traditional savings accounts are almost defunct in the modern world, but bonds remain a prevalent investment commodity, and new-age options like cryptocurrency are bolstering the short-term mobility of many investment profiles. The truth is that any amount you can deposit into your savings portfolio is a win. Whether you are starting out with $100 or $10,000, there is ample room for growth, and with a great trading strategy, you’re likely to see that principal blossom in no time.

Investing can be addicting for retail and institutional investors, so worrying about the initial deposit that you can make is something that should be set to the side. Once you get your first taste of success in the market, you may just find yourself making small weekly contributions that will add up to massive success over the long term.