What should I consider as a first-time investor?
Ash Carey
17 replies
Replies
Read and learn about investing as much as you can before investing.
@almas_mano1 A really nice suggestion, Thank you. I will.
Learn why most investors fail or receive lower-than-expected returns.
@donaldyyy I admire your ideas on this issue.
The most common reason is a lack of expertise in most disciplines.
@tombrat12 Indeed it is.
Don't put all your eggs in one basket.
@jennifer_123 Nice recommendations
@jennifer_123 @ash_carey stupid suggestion.
Keep dividend-paying assets and reinvest the dividends.
@beaufort_caron Indeed a great suggestion, thanks for sharing
Possibilities that it has and that it may have :)
Learn as much as you can before starting, and make sure you're making informed decisions. If you don't treat it like a science, it can turn into gambling very fast.
What type of investing?
What type of investing? If you're talking about public equity, make sure you differentiate between investing and trading. Know what your goals are, your risk tolerance, what market you want to enter, and etc. Really hone down on your strategy. Read a lot!