Investing for Beginners

You want to invest but you feel like you don’t know the first thing about it. Sound familiar?

Don’t worry. Here are a few tips to help you get started:
DO:

Read books for beginners BEFORE you dive in and buy your first stock.

Stick to investing in companies and industries you know and understand.

Talk to successful investors — NOT investors who “hope to be successful someday.” Big difference!

DON’T:

Invest in a company just because you use or like it’s product. Look how Facebook stock plummeted, because too many people bought it for emotional reasons!

Invest in a company just because someone gave you a ‘hot tip’

Buy a company based on a conversation you had with a friend, family member or co-worker

Follow these tips and you’ll be on the road to beginner investing success!

About the author

Kennedi Rose

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