3 answers
mariwan
Student
Sulaymaniyah, Iraq
3
Questions
3 answers
Anand Shukla, Ph.D.
Operations Manager, Data
5
Answers
San Francisco, California
Updated
Anand’s Answer
It is good to start thinking of investing as early as possible.
Your investment strategy will depend on your ultimate goal, your risk tolerance, and your resources (how much money you have to invest).
To start, you should consider the various asset classes that suit your needs:
A) Savings or Fixed Deposit accounts or Certificate of Deposits with high interest rates.
B) bonds and money market instruments
C) Equity (stocks)
D) Real estate
Advice: There is a big difference between investing and trading. Whenever you invest in stock market, always remember the risk of losing your money. Read and research through various investment related books or YouTube videos. I would recommend the strategy of value investing if you are planning to invest in the stock market.
Research the various different asset classes and see which ones suits your current requirements and resources
Read a few books on investing in stock market.
Research the difference between value investing vs. daily stock trading
Your investment strategy will depend on your ultimate goal, your risk tolerance, and your resources (how much money you have to invest).
To start, you should consider the various asset classes that suit your needs:
A) Savings or Fixed Deposit accounts or Certificate of Deposits with high interest rates.
B) bonds and money market instruments
C) Equity (stocks)
D) Real estate
Advice: There is a big difference between investing and trading. Whenever you invest in stock market, always remember the risk of losing your money. Read and research through various investment related books or YouTube videos. I would recommend the strategy of value investing if you are planning to invest in the stock market.
Anand recommends the following next steps:
Great points!! Thanks a lott!!
mariwan
Owen Timz
Software Engineer
1
Answer
Nairobi, Nairobi County, Kenya
Updated
Owen’s Answer
Investing covers a wide area. This involves taking risk for you to succeed.
A great investment Is first investing in your mindset before you even think of business:
With a developed mindset and will power, Then:
1. Invest in an area you have done good research and that there is a gap to be filled in the market
2. Invest time in the activity you want to engage in.
3. once you are set and up and running, invest back to the team and the community.
the rest that follows id magic success as a team determines how your idea is going to succeed
A great investment Is first investing in your mindset before you even think of business:
With a developed mindset and will power, Then:
1. Invest in an area you have done good research and that there is a gap to be filled in the market
2. Invest time in the activity you want to engage in.
3. once you are set and up and running, invest back to the team and the community.
the rest that follows id magic success as a team determines how your idea is going to succeed
Appreciate your wonderful thoughts here!!
mariwan
Mansi Sharma
Senior Engineer
31
Answers
Bengaluru, Karnataka, India
Updated
Mansi’s Answer
Here is the top 10 investment avenues we can look at while saving for the financial goals.
Direct equity.
Equity mutual funds.
Debt mutual funds.
National Pension System (NPS)
Public Provident Fund (PPF)
Bank fixed deposit (FD)
Senior Citizens' Saving Scheme (SCSS)
Direct equity.
Equity mutual funds.
Debt mutual funds.
National Pension System (NPS)
Public Provident Fund (PPF)
Bank fixed deposit (FD)
Senior Citizens' Saving Scheme (SCSS)