How to Invest Money: A Beginner’s Guide
Investing is necessary to hit nearly every financial goal imaginable,
Some people are scared of investing,
but what you should really be afraid of is the consequence of not investing.
Here we’ll provide a complete guide that gives you the basics you need to know how to invest money to accomplish your personal finance goals.
1. Set Your Financial Goals
This is typically the first step in every financial planning process out there.
2. Determine Your Involvement Level
Once your goals are set and you have a clear idea of how much you want to invest, it’s time to decide how involved you want to be in the investing process.
Once you’ve decided on your investment style, it’s time to choose how you want to invest.
3. Pick an Asset Class and Investment Vehicle
Next, it’s time to choose where you want to invest. In other words, it’s time to choose a broker.
4. Choose Where You Want to Invest
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