4 Smart Tips That All New Investors Should Follow

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What are some tips that an investor could follow? Visit https://www.investmentz.com/ to know more! Visit

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4 Smart Tips That All New Investors Should Follow :

4 Smart Tips That All New Investors Should Follow

Introduction:

Introduction When an investor is just starting out in the world of investment and has not gathered much experience, it’s safe to say that they should follow the tried and tested methods of investing in order to stay on the positive side of financial health. What are some tips that an investor could follow?

1. Picking The Right Online Stock Broker:

1. Picking The Right Online Stock Broker Today, most investors place their trades through an online stock broker . New investors would do well to follow the same. Choosing the right online stock broker comes down to an investor’s individual priorities. Before the final selection, these are some points to judge:

Continued..:

Continued.. Consider Your Primary Needs: As a beginner investor, you may want an education about investing and general guidance. Many online stock brokers offer these services free to account holders. Account Fees: An investor may not be able to avoid account fees completely but can definitely minimize them. Commissions

3. Avoid New Fund Offers:

3. Avoid New Fund Offers New investors often make the mistake of looking at a new fund offer in the same way one would consider a forthcoming IPO. While companies might keep pushing newer and shinier new fund offers a new investor’s way, selecting a fund that has been through various market cycles and is supervised by an experienced fund manager would be best.

4. Explore Tax-saving Mutual Funds:

4. Explore Tax-saving Mutual Funds One of the most ideal ways to begin an investment journey successfully would be to explore the trustworthy tax saving mutual funds . As with all mutual fund schemes, there's no guarantee of any fixed returns. But a first-time investor can still expect consistency, dependency and the opportunity to earn higher returns over the long run with tax saving mutual funds.

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