Mika
VIP Contributor
If you want to build your wealth through investing, the stock market is the best place. That’s because you can start investing with a small amount, you are less likely to be scammed, you have higher chances of making money, and it is completely passive.
The stock market can also be a risky market because it is affected by recession and inflation. Stock prices are affected by how the companies are performing in the market (how much revenue they are bringing) and also the government policies.
The key to minimizing the risk is to diversify your portfolio. Instead of putting your entire investment in one stock, try to diversify and buy over a dozen different stocks.
Instead of directly buying from the stock market, try to buy IPO. You can acquire stocks for a cheaper price.
Invest for the long term. That’s what most investors do. Also, don’t spend your stock dividends, instead use the dividends to buy more stocks.
The stock market can also be a risky market because it is affected by recession and inflation. Stock prices are affected by how the companies are performing in the market (how much revenue they are bringing) and also the government policies.
The key to minimizing the risk is to diversify your portfolio. Instead of putting your entire investment in one stock, try to diversify and buy over a dozen different stocks.
Instead of directly buying from the stock market, try to buy IPO. You can acquire stocks for a cheaper price.
Invest for the long term. That’s what most investors do. Also, don’t spend your stock dividends, instead use the dividends to buy more stocks.