If you're a new investor or thinking about investing, this presentation has some tips that will help you get started. To learn more visit http://adamkuettel.net.
2. One of the best ways to overcome the common fear of
investing is doing ample research.
The financial realm is filled with jargon and acronyms
that can be extremely confusing to first-time investors.
Try reading the works of seasoned financial experts as
these publications will likely offer a great deal of insight.
DO YOUR
RESEARCH
WWW.ADAMKUETTEL.NET
3. Although there are plenty of inexpensive stocks on the
market, it is imperative to establish a sizable emergency
fund just in case something goes awry.
Many experts suggest that first-time investors save at
least 6 to 12 months’ living expenses before even looking
at stocks.
Following this advice ensures you will have enough
money to safely avoid a financial crisis and time to get
yourself back on your feet.
SAVE BEFORE
YOU INVEST
WWW.ADAMKUETTEL.NET
4. Once you have become familiar with the market, as well
as saved the recommended amount of money, you can
begin searching for the right assets for your budget.
One option to consider is an exchange-traded fund (ETF)
like SPY. This particular investment seeks to provide
results that correspond to the price and yield
performance of the S&P 500 Index.
Although this means you will be investing in small stocks
from 500 separate companies, this method is one of the
most secure, seeing as it is highly unlikely that all 500
companies would bottom out at the same time.
DETERMINE
WHAT YOU ARE
INVESTING IN
WWW.ADAMKUETTEL.NET
5. It is important to remember that investing is not a
surefire scheme one can employ to get rich overnight.
Investing requires not only research, but time and
patience as well.
Therefore, it is important to set realistic goals and
refrain from expecting a large return within even your
first five years.
By establishing this mindset early on, you will be less
likely to venture from your original plan or pull out of
the market all together.
ESTABLISH
YOUR LONG-
TERM GOALS
WWW.ADAMKUETTEL.NET
6. It is easy to be perturbed by the constant fluctuation of
the stock market.
However, it is important that you remain consistent
during both booms and busts.
Do not let your emotions rule your investing decisions —
otherwise, you may end up losing the portfolio you
worked so hard to establish.
CONTROL
YOUR EMOTIONS
WWW.ADAMKUETTEL.NET