How to start in the Stock Market 📈

1. GET YOUR FINANCES IN ORDER:

PAY OFF DEBT & HAVE AN EMERGENCY FUND BEFORE YOU START INVESTING.

2. UNDERSTAND THE BASICS:

LEARN THE DIFFERENCE BETWEEN ETF'S, BONDS, STOCKS, MUTUAL FUNDS, ETC.

3. SET GOALS:

WHAT DO YOU WANT TO ACCOMPLISH? WHAT'S YOUR HORIZON?

4. DETERMINE YOUR RISK TOLERANCE:

HOW MUCH RISK CAN YOU STOMACH? CONSERVATIVE VS ACCRESSIVE APPROACH

5. UNDERSTAND FEES:

INVESTMENT COSTS CAN CUT INTO YOUR RETURNS.

6. FIND A BROKER:

OPEN AN ACCOUNT AND CHOOSE YOUR INVESTMENT PORTFOLIO.

#personalfinance #lemon8money