How to Invest Money: A Beginner’s Guide

How to Invest Money: A Beginner’s Guide

How to Invest Money: A Beginner’s Guide

Investing is necessary to hit nearly every financial goal imaginable, including retirement.

Investing is necessary to hit nearly every financial goal imaginable, including retirement.

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.

Set Your Financial Goals

For nearly everyone, that should include a retirement goal. You should set a rough plan for what age you want to retire and how much money you wish to retire.

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.

Determine Your Involvement Level

Stocks and bonds are the most common asset classes to invest in, with bonds viewed as low risk and stocks more volatile.  

Pick an Asset Class and Investment Vehicle

If you want to be an active investor of stocks, choosing a platform with free stock trading like Robinhood or Webull, or even Charles Schwab would be good options.

Choose Where You Want to Invest

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