If you’ve ever found yourself staring at your Trove app and wondering, “How much can I really start with?” you’re not alone. Whether you’re a student just testing the waters or a working professional ready to build wealth, the good news is you don’t need millions to get started.
Trove is a digital investment platform that enables Nigerians to invest in U.S. stocks, Nigerian stocks, ETFs, mutual funds, and REITs directly from their phones. You can fund your account in naira or USD, view your portfolio in real time, and start investing in big names like Tesla, MTN, Dangote, Amazon, or Apple, all with as little as a few thousand naira.
How Much Can You Invest in Trove?
The Short Answer: As little as ₦1,000 or $10. Yep!
One of the best parts about using Trove is that you don’t need to be a baller to start investing. We’ve made it incredibly easy for you to invest in U.S. and Nigerian stocks, mutual funds, ETFs, and even REITs, regardless of your budget size.
You don’t need to wait until you have ₦500,000 saved up. Trove allows fractional investing, which means you can buy a piece of a stock instead of the whole share. So instead of shelling out over $300 (₦450,000+) for one Amazon share, you can start with $5 or $10 or even less.
In short, your ₦1,000 can get you started on a real investment journey.
What Can You Invest In With That Amount?
Here’s what’s possible with small amounts on Trove:
- U.S. Stocks: Buy fractional shares of companies like Apple, Netflix, or Google.
- Nigerian Stocks: Own part of companies like Zenith Bank, Dangote Cement, or MTN.
- ETFs: Diversify instantly with ETFs like the S&P 500 or Tech ETFs.
- REITs: Get exposure to real estate with low entry capital.
Even with ₦1,000 or $5, you can tap into any of these options and build a portfolio over time.
Why is it important to start small?
We all know ₦1,000 won’t make you a millionaire overnight. But the goal isn’t overnight wealth. The goal is to start, stay consistent, and build habits that grow your wealth long-term.
Starting small lets you:
- Learn how the market works without big risk
- Test different assets and strategies
- Build confidence with every investment
- Form a habit of consistent wealth-building
Before you know it, those small amounts begin to add up, and then you will see the power of compounding as your money starts working for you.
Things to Keep in Mind Before You Start Investing
- Set a goal: Are you investing for the short term (1-2 years), medium term (3-5), or long term (10+)? This will shape your strategy.
- Know your risk appetite: Some stocks are more volatile than others. ETFs and mutual funds tend to be more stable for beginners.
- Be consistent: Whether it’s ₦2,000 every week or ₦10,000 monthly, make it a habit.
Conclusion
You don’t need a fat account balance to start investing on Trove. With just ₦1,000 or $10, you can begin building a portfolio that includes big names like Apple, MTN, and Dangote. It’s not about how much you start with; it’s about starting at all.
If you’re waiting till you have more money, you might be missing the whole point. The earlier you start, the more time your money has to grow. So, ditch the hesitation and just start; no amount is too small.
Trove makes it easy. You just have to make the move.
