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Beginners Guide to InvestingIf you are looking for a beginners guide to investing you are at the right place. Below is a step by step approach for starting to invest. Investing can be a harsh, but if you make sure you have a game plan you will be able to successfully lead yourself to a comfortable retirement!1. Find the best brokerage account - Not all online brokerage investment accounts are created equal. If you shop around you will find different fees, different minimums, different options and eventually you'll be so confused you will give up. Let us make the decision for you. 2. Research - Before making any purchases make sure you do your research. Profits are not made when you sell your stock, they are made when you purchase the stock. Make sure to due your due diligence before jumping into a purchase.
Beginners Guide to Investing3. Set up Automatic Contributions - One of the most powerful and easiest ways to accumulate wealth is to make it automatic. It doesn't matter how small you start, just START. Once you get in the rhythm of having that $100 or $250 come out of your checking or savings account every month you will notice it less and less. Automatic contributions will also give you the advantage of dollar cost averaging.4. Don't Be Emotional - Never buy stocks on emotion and never sell or hold them on emotion. You need to shed all emotional feelings when dealing with stocks. Emotion will cost you money. Make your decisions based on facts not personal feelings. Now that you've viewed the beginners guide to investing it is time to open an account and get started investing. Beginners Guide to Investing
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