Entrepreneur | Posted on
There's no right answer for this. It's really subjective, varying from individuals to individuals, depending on their investment goals, financial health, risk-taking threshold, and their own proficiency level.
There are two kinds of beginners. One, who knows nothing about the stock market, with virtually no knowledge. And then there are those who understand the basics but don't know to invest or go about in this direction.
You first need to categorize yourself in one of these two groups.
If you're a newbie with NO knowledge about the market, stop thinking about money right away. Stop caring about "best investment for stock market beginners". Instead, focus on the learning part. Watch videos, read articles, enroll yourself in investment courses, hire a personal consultant. Stock investment is much more than just "buying low, selling high". If you don't understand the market well, it's imminent that you will lose big money.
(Courtesy: The Balance)
Also Read:-Is investing in Indian stock market risky or safe?
So, don't even touch your capital without understanding the dynamics of the market.
Now, comes the second group: If you're well acquainted with the basics but don't really know how to invest profitably. There's only one solution to this. You invest your money anyway. When people have the knowledge yet they are scared to take the action, they basically fall victim to 'analysis paralysis'. So, if you're in the same category, invest. Take the action and invest. You won't get it perfect in the first time. There's a good chance that you might even make mistakes. However, you will improve only when you're experiencing things firsthand. So, take the action and then continue improving the course by changing your investment tactics.
(Courtesy: Fortricks)
Here are 6 basic tips for best investment for stock market beginners:
• Think of the long-term
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