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Learn as much as you can
Nowadays it is incredibly easy to buy stocks. You just open a web page, even some TV stations, and you're surrounded by ads that all tell you, "Invest in the stock market now!", "Don't miss the opportunity," and so on.
Investment platforms are becoming easier to use, so you may often be tempted to start making investments without having enough basic knowledge.
But we believe that this tactic is one that will almost certainly lead to material losses, sooner or later.
That's why we believe that the first step to a successful investor career would be to learn as much as you can.
And here books, articles or even this guide can help you, where you will be able to find a lot of very useful information.
Choose an investment strategy
Once you consider that you have learned enough to test the stock market, it is time to choose a strategy and stick to it. Below we will present 5 such tactics that you can use whenever you want.
There are quite a few ways you can invest in the stock market. You can buy individual stocks, index funds, ETFs, CFDs and you can even use automated robots that will help you determine a trend of a certain market.
The strategy you will choose depends on several factors, the most important of which we believe are your risk appetite, the time frame for which you want to make the placement and the temperament you have.
Individual actions - are ideal for those who have the time and desire to analyze and study different companies continuously and carefully. On the other hand, if the analysis and financial statements seem foreign to you, nothing stops you from choosing a more passive approach.
Index funds - are ideal for people who do not want all the hassle with which individual actions come, earning income in a somewhat more passive way. An alternative to index funds are ETFs.
Robot Advisors - There are now more and more platforms that use such automated systems to make investments on the stock exchange on behalf of users, depending on the various parameters set by them.
The good news is that you can successfully combine several such tactics into an investment portfolio.
Decide how much money you want to invest
First of all, we need to keep in mind that no matter how experienced you are or how good a trader you are, you should only buy shares on the stock market that you don't need and are willing to lose.
Even if, in general, the stock market trend has always been a positive one, the market kept fluctuating and had negative moments. It is not uncommon to see, in some circumstances, even years with decreases of 10 or maybe even 20%.
Of course, these losses are most often recovered a year later, but it's not at all easy to see how your investments lose their value.
That's why we say it's very risky to invest the money you really need.
Our advice would be that, initially, you pay all your monthly donations, leave some money aside for unforeseen situations and then, of the remaining amounts, invest between 40 and 60% on the stock market.
And if in a month you really don't have any investment money left, don't worry. You will be able to recover in the future.
Open an investment account
In order to be able to invest on the stock exchange, in Europe or in any other area, you will have to open an account on one of the existing trading platforms.
Yes, you will be able to make investments through traditional banks, but it is important to know that, most of the time, they apply much higher fees and commissions than the dedicated platforms.
Below we have created a table that will help you compare the largest sites in our country through which you can sell and buy shares.
Among the most famous platforms present we can list eToro, XTB, Admiral Markets, Capital.com and Tradeville.
Opening an account is usually very easy, most sites are optimized so that it is extremely easy to use.
You will most likely be asked for a photo after an identity card, and in order to be able to buy shares of some more or less well-known companies, you will have to deposit a certain minimum amount, usually between 50 and 200 USD.
Most of the platforms will also offer you a free demo account with which you will be able to test different investment strategies, and we advise you to use them as much as you can.
Choose your favorite actions
Now that you know what strategy you will use, how much money you will invest and what online trading platform you will use, it is time to choose which stocks you will bet on.
And in this chapter we want to offer some advice to beginners:
Diversify your portfolio as much and as well as you can
Invest only in companies that you understand, in areas that you know at least a little bit
Think long term
Avoid as much as possible stocks that have a high degree of volatility
If you want to make your first investment in the stock market today, it would be a good idea to choose to buy only the shares of well-known companies that you know in advance and not to put money in companies that you have never heard of.
Keep investing
Once you start investing, keep doing it. Change companies, strategies, brokers, learn continuously and you will only gain.
Most successful investors will tell you that the best tactic you can use is to place small amounts at regular intervals.
Nowadays it is incredibly easy to buy stocks. You just open a web page, even some TV stations, and you're surrounded by ads that all tell you, "Invest in the stock market now!", "Don't miss the opportunity," and so on.
Investment platforms are becoming easier to use, so you may often be tempted to start making investments without having enough basic knowledge.
But we believe that this tactic is one that will almost certainly lead to material losses, sooner or later.
That's why we believe that the first step to a successful investor career would be to learn as much as you can.
And here books, articles or even this guide can help you, where you will be able to find a lot of very useful information.
Choose an investment strategy
Once you consider that you have learned enough to test the stock market, it is time to choose a strategy and stick to it. Below we will present 5 such tactics that you can use whenever you want.
There are quite a few ways you can invest in the stock market. You can buy individual stocks, index funds, ETFs, CFDs and you can even use automated robots that will help you determine a trend of a certain market.
The strategy you will choose depends on several factors, the most important of which we believe are your risk appetite, the time frame for which you want to make the placement and the temperament you have.
Individual actions - are ideal for those who have the time and desire to analyze and study different companies continuously and carefully. On the other hand, if the analysis and financial statements seem foreign to you, nothing stops you from choosing a more passive approach.
Index funds - are ideal for people who do not want all the hassle with which individual actions come, earning income in a somewhat more passive way. An alternative to index funds are ETFs.
Robot Advisors - There are now more and more platforms that use such automated systems to make investments on the stock exchange on behalf of users, depending on the various parameters set by them.
The good news is that you can successfully combine several such tactics into an investment portfolio.
Decide how much money you want to invest
First of all, we need to keep in mind that no matter how experienced you are or how good a trader you are, you should only buy shares on the stock market that you don't need and are willing to lose.
Even if, in general, the stock market trend has always been a positive one, the market kept fluctuating and had negative moments. It is not uncommon to see, in some circumstances, even years with decreases of 10 or maybe even 20%.
Of course, these losses are most often recovered a year later, but it's not at all easy to see how your investments lose their value.
That's why we say it's very risky to invest the money you really need.
Our advice would be that, initially, you pay all your monthly donations, leave some money aside for unforeseen situations and then, of the remaining amounts, invest between 40 and 60% on the stock market.
And if in a month you really don't have any investment money left, don't worry. You will be able to recover in the future.
Open an investment account
In order to be able to invest on the stock exchange, in Europe or in any other area, you will have to open an account on one of the existing trading platforms.
Yes, you will be able to make investments through traditional banks, but it is important to know that, most of the time, they apply much higher fees and commissions than the dedicated platforms.
Below we have created a table that will help you compare the largest sites in our country through which you can sell and buy shares.
Among the most famous platforms present we can list eToro, XTB, Admiral Markets, Capital.com and Tradeville.
Opening an account is usually very easy, most sites are optimized so that it is extremely easy to use.
You will most likely be asked for a photo after an identity card, and in order to be able to buy shares of some more or less well-known companies, you will have to deposit a certain minimum amount, usually between 50 and 200 USD.
Most of the platforms will also offer you a free demo account with which you will be able to test different investment strategies, and we advise you to use them as much as you can.
Choose your favorite actions
Now that you know what strategy you will use, how much money you will invest and what online trading platform you will use, it is time to choose which stocks you will bet on.
And in this chapter we want to offer some advice to beginners:
Diversify your portfolio as much and as well as you can
Invest only in companies that you understand, in areas that you know at least a little bit
Think long term
Avoid as much as possible stocks that have a high degree of volatility
If you want to make your first investment in the stock market today, it would be a good idea to choose to buy only the shares of well-known companies that you know in advance and not to put money in companies that you have never heard of.
Keep investing
Once you start investing, keep doing it. Change companies, strategies, brokers, learn continuously and you will only gain.
Most successful investors will tell you that the best tactic you can use is to place small amounts at regular intervals.
