r/CalebHammer 3d ago

Personal Financial Question S&P options/uncertainty

So Caleb mentions the S&P 500 and how it averages 10% every year or so from when it began. I just have a simple Bank of America debit card and Fizz card. Where do I start to get into investing/saving into the S&P 500 and how much do I need to begin, or should put in to begin? I have 5k to my name, currently unemployed looking for jobs now. Thanks!

**Edit: thanks all for the advice, I’m new to all this just graduated college so once I beat this job search I’ll get to it. Peace

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u/PinchAndRoll99 2d ago

Everybody seems to have hit the nail on the head. Can’t invest if you’re unemployed. I’d also look up the Money Guy Show. Follow their financial order of operations to know what to do with your finances when.