Ok here it is:
1.EDUCATION-This is the very first step to investing.(By the way the way I'm not a guru in this field, I'm just sharing what I read about investing.The Do's and DON"Ts of investing.Learn from real investors like Robert Kiyosaki, Warren Buffet and more. Read how they became rich. I think this is where you start to burn your passion with investing.
2.BUDGET-Yes,you heard me right, budget. What will you use to invest? To have an idea of how much ,there are many brokerage firms that offer ways to start and the amount.If you have no time to visit this firms,there are available online firms that you can review like here in the Philippines, COL Financing.
WHAT TO BUY AS AN INVESTMENT
The question is what is the best investment to buy?, For me COMMON STOCKS I guess because you've done of educating yourself,your familiar with the terms. I know,the level of risks are involve, ok the safest way is to buy mutual funds. Since you bought mutual funds why not level yourself. For starters buy stocks that you commonly use or common place you visit like fastfood chains. At least your safe, why?You're using it or eating there. Get the point? You contribute to them or rather to yourself. Buy stocks not because others told you so ,but because you want it too, None to blame right?
After the first two points, here's the last.JOIN AN INVESTMENT GROUP. There are fees of course but what you will learn are priceless. At least your not on your own. You can ask for help for more info.
Thanks for reading I hope I shared ideas with you.
I don't know how place a comment corner.I hope youcan help me.You can email me at eskadaloso@gmail.com for thestep by step procedure.You can email your comments too.I'll be glad to read them and make myself busy too.LOLs!!!
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