Investing 101
Most people earn money by working – trading our hours for dollars. How about making our money work for us, even when we sleep? This is what investing is about – putting our money into assets like shares, bonds, and bank deposits where it will grow and and make even more money for us over time.
What can we achieve when our money works for us? Perhaps we can live a better lifestyle, work less and spend more time with loved ones, or fund a comfortable (and potentially early) retirement. Or it could result in having the means to support your child’s future education needs, or the purchase of their first home.
You don’t need a lot of money, to sign up for any expensive courses, or understand how to read financial statements to get started. Anyone can do it, and thanks to the internet you can invest from anywhere in the world. Investing works better the longer you give your money to grow. So the best time to start is now, and hopefully this page helps by compiling articles and tips for new investors to get started.
Investing articles for beginners
Investing tips for beginners
Tip 1 – Always have a positive attitude. Absolutely anyone can take action to improve their wealth or financial position.
Tip 2 – Take action. The best time to start investing is now. There is no such thing as not having enough money, or being too late to start.
Tip 3 – Don’t be greedy or treat investing as a get rich quick scheme. It’s a marathon, not a sprint.
Tip 4 – Consider what your investing goals are, and pick investments that align to those goals.
Tip 5 – You don’t need heaps of shares and funds to build a diversified portfolio. Quality beats quantity.
Tip 6 – Stay the course when the markets fall. Don’t panic or sell your investments. Instead consider investing more while they’re “on sale”.
Tip 7 – Never invest in something you don’t understand. If in doubt, stick with simple investments for your portfolio.
Tip 8 – You will make mistakes while investing. Learn from them and adjust your investment portfolio or strategy if necessary.
