This page is designed to answer common questions beginners ask at the start of their investment journey.
Investing is when you purchase an asset in the hopes that it will increase in value.
Investing can be a great way to increase your wealth and set up a passive income streams.
There are many different types of assets you can invest in. The main types are stocks, bonds, ETFs, mutual funds, real estate, cryptocurrency, and precious metals.
Portfolio diversity is how well spread out your investments are across the same or different markets. Investment diversity is important because investment markets are unpredictable and you never know if an asset you have money in could lose value. By spreading out your investments you reduce the risk of losing the majority of your portfolio value in one fell swoop.
You can start with as little or as much money as you want. Although more money in the market could yield higher returns it is important to remember that time in the market can be just as important as the amount of money you put in the market.
While banks do have merit when it comes to the allocation of your wealth since they promise a return through interest and they allow you to access and use your money easily they will not be able to match the returns you may be able to achieve through an investment like stocks.
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