Investing Beginning

Lessons I have learnt from beginning to invest

How I got started

Starting to invest can be a challenge, moving your money from your safe and secure bank account to a investment fund that can fluctuate on a daily basis can be a daunting task for many. I think the first step is to get rid of the mental barrier that you have towards investing. To start invest the minimum amount you can at whichever stockbroker you choice and just put in the bare minimum you can, this is just to get you use to investing and putting money aside for it. Many people will wait until they start making really good money to begin but in my opinion the principle is very important in that you take action now as a statement of intent, after this every following investment will come easier. For a quick few points on what to invest in go for index funds that cover a large amount of companies, this keepps your investment at a very low risk with steady returns over the long-term. Finally, investing is all about the long-term so don't put any money in that you might need in the short-medium term (6 months-2 years) as you are likely to see little returns over that period and even if you do those returns might be wiped by withdrawal fees.