How to start investing (with the help of a personal investment strategy)

  • 12.03.2021
How to start investing (with the help of a personal investment strategy)

How to start investing (with the help of a personal investment strategy) Today, it is very convenient to act in the financial markets.Moreover, almost any business, even if it is the most famous and well-known, can be done online.Moreover, for a long time, online trading has been growing at a faster pace than ever before.So, don't hold on to old stocks, sell them at a low price and receive a huge profit! Today, it is much easier to start investing than ever before.And the best part is that you don't need hundreds of thousands of dollars to start investing. You don't even need millions. You just need a personal investment strategy (and an account on a Bank's online platform).Let's talk together about how to start investing (and what exactly is so difficult for ordinary people who have only recently received a salary)?1) to protect yourself from risksThis is the first thing that comes to mind when we talk about investments.For sure, you have heard this phrase many times before. It will give you a good reason for it.It's about how well you understand your investment strategy (including the risks that lurk in it).And how well do you know how to handle your money in such a way that they can work for you (bringing you income and making investments)? 2) blind trust (no one knows what will happen to the economy, geopolitics, or the stock market)No one can accurately predict what will happen to the economy, geopolitics, or the value of oil.No one can do this, and even less should you buy everything that is written in the forex.It is impossible to predict when the next financial crisis will come or when a new one will begin. But each of us can be "fooled" by fortune tellers and investment companies.3) Don't trust banks Today, there are more than 40,000 commercial banks in our country. of the size of our country — so don't trust them!They are more interested in political games than they are in lending money to people.They lie to you (and even tell you a different story about why their loan was made). 4) Don't buy sharesDirect investors receive most of their money for their money. So don't give your money to them!Instead, use a strategy called "index investing":Buy shares using a monthly averaging strategy.This will allow you to use the index to the maximum advantage (while minimizing the risks of losing your invested money).5) Don't buy dollars at the peak of the quotesYou can buy dollars at any time and they will definitely be cheaper.In addition, you can do this over a long period of time (which is why the quotes for the last several months have been so low).Do not buy dollars at the peak of quotes — instead, use a monthly averaging strategy.This will allow

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