Investing for beginners
Now that you are temporarily not drinking, you will save yourself tens of euros. Money that easily goes up when you leave it in your checking account. Without realizing it, you buy shampoo from it and pay your road tax with it. To ensure that the money saved does not disappear into the household pot, you can put it in your savings account. But you can also invest it. Read more about investing for beginners here.
Which investor are you?
Before you start investing, it is good to know what kind of investor you are. Do you want to invest with relatively little risk or do you go head-on? Are you a passive investor or an active investor? To gain more insight into what type of investor you are, you can test to do.
Knowledge is power
Just starting to invest in real estate, stocks or commodities is not very convenient. It is important that you gather knowledge about the various investment products. The more you know, the better. It is also advisable to choose one or two products at the start and leave it at that for the time being.
Money you can miss
Invest with money that you can afford to lose. If you can no longer pay your energy bill thanks to the monthly contribution, something is going wrong. It is up to you to decide how big or small this amount is. Investing can yield from a few hundred euros.
Practice makes perfect
Because investing is a skill, you have to do it a lot and often to master it. Brokers (stock exchange traders) understand this and some offer the option of opening a demo account so that you can practice with a fictitious asset. read here more about investing with fake money.
Which broker is right for you
Choose the right broker. One that matches your investment profile. An active investor looks for a broker with low transaction costs (eg DEGIRO). A beginner would like a broker that uses a clear program (for example BinckBank).
Do not panic
Invest without emotions. That sounds rather robotic, but investing and emotions is simply not a good combination. With (major) losses you have to keep a cool head. And don't spontaneously sell all your shares or funds. Every investor loses something sooner or later. The stock market always recovers sooner or later.
Are you not interested in buying and selling shares? Then let someone else do it for you - also known as asset management. There are several asset managers who invest for others. All you have to do is check your balance every now and then.
For more information, go to startwithinvesting.nl.