It is important to use information and technology to your advantage to make more profitable decisions, and thus break the debt cycle. The sooner you start investing, the more time you have for growth in this aspect. With a little planning, you'll be on your way. So, check out these 5 tips for those who want to start investing:
● Set goals:
The first step is to have clear goals. For example, why you want to invest and what you hope to achieve. Whether it's creating extra income, early retirement, or saving money, these goals will determine your next steps.
● Learn about the subject:
So, it's time to start learning about investing. Study basic terminology to learn how to make consistent decisions. Read about stocks, bonds and funds, as it is necessary to fully understand the types of investments that exist in the market, so as not to find unpleasant surprises. Don't forget other details that include diversification, portfolio optimization and market efficiency.
● Find out about fees:
Long-term investment fees can hurt your profits. Even though rates of 1 to 2% may not seem that high, in 10, 20 or 30 years it can cost a lot. In addition, some investment accounts may also have other management fees. Therefore, it is always good to research and fully understand the costs of your investment.
● Invest only what you can:
Analyze your budget and calculate how much you can really afford to invest. So, consider all your expenses, in addition to making an emergency reservation. If everything goes according to plan, your investments will increase in value over time. But it is always important to consider the case of not bearing fruit, or even suffering losses.
Dê uma olhada nas suas dívidas também. Você pode se sair melhor investindo o dinheiro excedente para pagar suas dívidas – cartões de crédito, empréstimos e dívidas fiscais. Não há risco de perder dinheiro desta forma, além disso, você estará em melhor posição financeira para investir no futuro.
● Aprenda a lidar com os riscos:
Muitos investidores cometem o erro de evitar tomar riscos, o que pode até ser bom a longo prazo. Embora investir em ações possa ser mais arriscado do que, digamos, colocar seu dinheiro em uma caderneta de poupança, no longo prazo os investimentos um pouco mais arriscados também podem trazer mais lucros.
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