Three Tips New Investors Must See
When I first started investing, I had many questions. Fortunately, I had helpful and experienced investors around me who were able to guide me through my first steps as a stock market investor. However, others may not be so fortunate and may, as a result, be put off from investing due to fears of making a mistake. Because of this, I thought I would answer three common questions that new investors might have. How much should I invest in my first stock? This may be the first question that many new investors might have. In reality, there is no simple answer to this question. It depends on a multitude of factors such as your risk appetite, portfolio size, and investment strategy . Having said that, I believe that all investors should still follow a few rules of thumb before making a decision on this. First, our investment size should be large enough such that the commission charges do not exceed 1%. For instance, investors should try not to make a transaction b...