Startup cost: $100 - $5k

Setup costs range from $100 to $5,000 depending on the approach taken. At the minimum end, aspiring investors can start with basic tools like a computer, internet connection, and access to trading platforms, totaling around $100. On the higher end, serious investors may invest in premium trading software, market analysis tools, education resources, and potentially hiring a financial advisor, which could easily reach $5,000. Essential costs include trading fees, market research subscriptions, and potentially initial investment capital. Optional expenses might include advanced trading courses or mentorship programs. Hidden fees could include platform transaction costs or premium data analysis services. Feedback online suggests that while starting can be low-cost, expenses can increase once commitment deepens. To take this side hustle seriously, a friend should budget between $100 and $5,000 to cover all necessary tools, services, and potential initial investments.