Shares/Stock 4 Tips for Saving in Stocks for Beginners

[Suba]

Currently, the activity of saving/investing in shares is very popular among young people, but unfortunately many of them are just carried away by trends or the influence of friends, without considering the risks. So young people or beginners don't need to rush to enter the world of shares, it would be good if beginners apply the following tips/suggestions:

1. Risk Profile
Stocks are a high-risk investment instrument, so novice investors really need to know their risk profile first, whether they are conservative, moderate or aggressive. Is the risk profile suitable for investing in stocks?

2. Plans and Goals
Before investing in stocks, novice investors should make a plan or determine goals, not just making profits and more specific goals, both short-term investments and long-term investments with a more appropriate strategy. Stock investment purposes include retirement funds, buying a house, a new car, doctoral education costs, wedding costs, holidays, etc.

3. Idle Money
Idle money or cold money is money that will not be used for the near future, at least more than a year, so don't use monthly spending money to buy stocks, let alone go into debt.

4. Stock Analysis
Although many stock investment platforms provide automatic recommendations for potential stocks, novice investors must also learn and master various types of stock analysis, such as fundamental, technical and sentiment analysis.

 

[Jasmine]

If you are new to the stock market and if you are trying to invest for the first time, I suggest you try investing in an IPO. An IPO or Initial Public Offering is the primary shares that a new company releases before entering into the stock exchange. Once, the IPO ends the company will start operating in the stock exchange. Since IPOs are from a newly listed company, they are comparatively cheaper than the stocks you can buy from the stock market. IPO can be good method to enter into the market.

 

[Suba]

If you are new to the stock market and if you are trying to invest for the first time, I suggest you try investing in an IPO. An IPO or Initial Public Offering is the primary shares that a new company releases before entering into the stock exchange. Once, the IPO ends the company will start operating in the stock exchange. Since IPOs are from a newly listed company, they are comparatively cheaper than the stocks you can buy from the stock market. IPO can be good method to enter into the market.

I often invest in IPOs but only for the short term or less than one month. Personally, I do not recommend novice investors to invest in IPOs, it is better for novice investors to choose blue chip stocks. There is no guarantee of making a profit on an IPO and it often goes down or the risk is high. So to invest in an IPO, investors must have the skills to analyze the prospectus and analyze the issuer's track record, analyze financial statements, investors must also study the objectives of the IPO, if it is only to pay debts, it is better to avoid it. Apart from that, investing in IPOs is not suitable for conservative and moderate profiles.

 

[Good-Guy]

There are many things that you can do if you want to save in stocks and make money. However, we must note that investing money in the stock market is not that easy at all. You will need to consider various different kinds of factors before you invest in the stock market.

Consult experts

This is one of the fundamental thing that you must need to do in case if you are the one who is planning to invest in the stock market as a beginner. Unfortunately, many beginners never consult experts and they invest money in shares they are confident about. This is not how things work. You have to analyse the market in the right direction. Unfortunately, many beginners fail at that.

Learn trading

This could be the best thing you could do. learning how to trade in the stock market could be really tiresome job. However, if you learn how to trade in the market, then you could earn some money. You may need mentorship for that.

Avoid fake gurus

There are many fake gurus out there who have been selling their courses. They themselves never make any kind of money. they make money just by selling courses. So, it is much better to avoid them and seek a genuine person who might be willing to teach you.