How To Start Investing In Stocks: 7 Step Guide For Beginners
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Legendary investor
Warren Buffet’s quotes
on investing encapsulate his 90 years of wisdom.
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He defined investing as “the process of laying out money now in the expectation of receiving more money in the future.”
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To understand how to start investing in the stock market as a beginner, you need to have a plan in place.
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Step 1: Define
Your Goals
1. Having a clear picture of why you are investing will make it easier to continue investing when the going gets tough
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2) The goal will define your timeline and level of risk in your stock investing plan.
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Once you have your
personal finance basics
in place, determine your monthly cash flow and how much you can set aside every week or month to invest in stocks.
Step 2: Determine How Much You Can Invest
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To learn how to invest in stocks, you need to research what to invest in. There are several methods to invest in the stock market.
Step 3: Define How You Want To Invest
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