Investing Tips for beginners

[Suba]

Investing is not only buying and storing assets, but also requires understanding and knowledge of various investment instruments such as the capital market, money market, cryptocurrency, property, etc. Understanding and knowledge about various investment instruments is currently very easy to obtain either through websites, YouTube online forums, webinars etc.

Determine the purpose, time period, profit & risk of each investment instrument and prepare special funds. If you already have more than two types of investment instruments, diversify to reduce investment risk. Keep learning and reading news related to your investment.

 

[Starmix]

The best tip for new investors or about to invest is to assess whether their capital is sufficient to invest or not. It is also a must to do a feasible plan and study if the business is good to start.

 

[Suba]

I agree with your opinion sis, we must have the funds or capital to invest, but currently there are many investment instruments that require less than $ 1 capital to invest in mutual funds, and we can collect at least $ 2 every month from the RIF and continue to allocate it to mutual fund investments.

 

[jetsaints30]

Investing is not only buying and storing assets, but also requires understanding and knowledge of various investment instruments such as the capital market, money market, cryptocurrency, property, etc. Understanding and knowledge about various investment instruments is currently very easy to obtain either through websites, YouTube online forums, webinars etc.

Determine the purpose, time period, profit & risk of each investment instrument and prepare special funds. If you already have more than two types of investment instruments, diversify to reduce investment risk. Keep learning and reading news related to your investment.

I agree that investing is not just about buying and holding assets but also about learning and understanding different investment options such as stocks, bonds, crypto, real estate etc there are so many resources available online to educate ourselves and make informed decisions.

 

[eldavis]

When investing, always make sure you have a clear understanding of what you are investing and, do the needed research first before investing. Another thing is to also invest what you are okay with loosing.

 

[Springtime]

First of all, you need to have spare money to invest. Before making any investment, evaluate the level of risk you are prepared to take, do research on the types of investment you are interested in. Never borrow money to invest.

 

[Starmix]

I agree with your opinion sis, we must have the funds or capital to invest, but currently there are many investment instruments that require less than $ 1 capital to invest in mutual funds, and we can collect at least $ 2 every month from the RIF and continue to allocate it to mutual fund investments.

I paid my mutual fund one time sis and just let it grow. I'm always checking it. A new investor does a lot of fun and thrill seeing how much is the daily profit and what to do to it the next day, But one thing for sure, it goes straight to the bank.

 

[Suba]

First of all, you need to have spare money to invest. Before making any investment, evaluate the level of risk you are prepared to take, do research on the types of investment you are interested in. Never borrow money to invest.

I agree with you, we should invest using idle money. But I often find professional investors borrowing money for short-term investments, especially in highly volatile investment instruments such as crypto and stocks, they can take advantage of the momentum to make profit both in downtrends and uptrends.

 

[Springtime]

I agree with you, we should invest using idle money. But I often find professional investors borrowing money for short-term investments, especially in highly volatile investment instruments such as crypto and stocks, they can take advantage of the momentum to make profit both in downtrends and uptrends.

Agree. A lot of professional investors borrow money to invest. But this is only for experienced investors Beginners should not take this risk.

 

[cherry123]

Valuable money and investment tips here I think we always these kind of tips when we want to try out investment we shouldn't just invest using idle money. But the one we can afford to lose

 

[Yohanna]

Valuable money and investment tips here I think we always these kind of tips when we want to try out investment we shouldn't just invest using idle money. But the one we can afford to lose

Investment require a lot of research work as well so that you would not fall victim of scams.

 

[Niyi Briggs]

The biggest investment tip that I always have for beginners is to invest amounts that are so negligible that they won't lose their minds if the investment fails.

 

[Hate2Wait]

Determining and Differentiating between Long term and short term Investment is most important and they should exercise patience when Investing because if you are not patient enough then it'll be hard

 

[Starmix]

The time I invested in mutual funds, I didn't know how it works but after attending the seminar my doubts were answered.

 

[Shavkat]

Before indulging to it, we need to do some research the feasibility if this investment scheme first.

 

[Hate2Wait]

Reading the market situation is must and when you are new you should act less and learn more and this way you can do well;

 

[cherry123]

As a beginner it is good to determine the purpose, time period, profit & risk of each investment instrument before investing in it

 

[Hate2Wait]

We really need to consider these things at first and can then invest effectively and we should also have a target in mind before investing

 

[Rubz]

Some investing tips for beginners are;
- start early even though it's small investments
- set clear goals
- understand risks and try to minimize them
- choose investment options wisely
- stay informed about market trends.

 

[nomad]

There are three important things to consider, one, building investment funds, two, choosing assets, and three using the right investment platform.