5 Steps To Get Started!
1.) Determine Your WHY, Determine Goals
- Why are you investing in the first place?
- What do you hope to get out of Investing?
- Make Goals - They will help you with Vision & Direction for where you want to be headed.
- Be very specific with them & give your them deadlines.
2.) Determine Your Risk Tolerance
- How Much Risk Do You Want To Take On?
- What's Your Time Horizon?
- These questions will help you determine the type of stocks, yields & dividend growth stats you should be looking for.
3.) Choosing A Investing Strategy
- Investing For Cashflow?
- Investing For Growth?
- Mixture Of Both?
- There's many different investing strategies to pick from, determine which one will be best suited to help you accomplish your goals!
4.) Choosing A Brokerage
Do you research, here are a few examples (Some May Include Affiliate Links, Which May Include Free Incentives To Get Started, Free Stocks):
5.) Take Action
Don't over complicate the process, with any of the above. The best way to learn is from experience. Stop wasting anymore time on the sidelines & just get started!