Shares/Stock How to Start Investing in Stock Market Like a Pro

[Mika]

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.

 

[Jasmine]

If you want to invest like a pro, the first thing you need to know is your risk tolerance level. Once you know how much risk you can take, you can start investing. In order to start investing, you need to understand a couple of things, one, how long can you hold on to your investment, two, can you accept loss, three, is that all investment you have or have you invested else where. You should never invest the amount that you cannot afford to lose. Invest only the amount that you can take the loss. While investing, also do not blindly follow the market. While you should be watchful of the market, you also need to see the company's progress in the real market. if the company's stocks are doing good in the stck market but nt doing good in the market, i.e. not making profits, you need to smell rats.