Investing tips for beginners: What to know
Your dreams of becoming an investor may be more fruitful if you integrate these helpful starter steps.
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Investing is a great way to diversify your financial portfolio, but for those who want in, getting started can seem overwhelming.
If you’re part of the 52 per cent of Canadians who don’t invest money annually, then maybe it’s time to start learning how you can try and make your money grow.
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From simple investing to day trading — these five simple steps are designed to help you get started.
1. Start with fundamental analysis
With the right e-learning resources, you can immerse yourself in the foundations of stock trading by studying fundamental analysis. This is a practice that helps you determine whether or not a company is worth investing in, which some teachers claim you could learn to accomplish with just a few minutes of online research.
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2. Get your feet wet with options trading
Fundamental analysis will help you find your footing with the concept of investing in stocks. Following that up with some lessons on options trading will help you learn the differences between the two, and how to level up with calls and puts.
3. Look into defensive stock investing
Defensive stock investing is an area that can teach you about following trends, determining qualitative pros versus quantitative ones, and overall, make you a more comprehensively educated trader with a more varied investment portfolio.
4. Dive into day trading
After exploring these key areas of the world of investing, you may be ready to learn about and possibly start dabbling with day trading. Make sure to do your homework and learn how to make a risk and money management plan prior to starting.
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5. Keep an open eye and keep learning
There’s always more to learn, which is why seasoned investors continue to study areas like swing trading, value investing, candlestick patterns, and more. Such topics, as well as other invaluable financial trends and analysis, can be studied within this Day Trading and Investing e-learning bundle, which is now available for $54.99.
What: Limited-time flash sale
Price: $54.99
Where to buy: The Complete 2024 Day Trading & Investing Master Class Bundle
Prices subject to change.
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