It is time to invest for the long run. Too many individuals for the past decade have been sitting on the sidelines waiting for the big opportunity. My advice, the best way to be in business is to invest in business. So how does one begin investing in stocks?
Focus on your circle of competence. Don't go looking for stock tips and advice since that can do more harm than good. The stock market is all about returns and value. If your investment does not produce much returns then you cannot expect value, and vice versa. Below are the first steps you can take to investing in stocks:
Also remember investing is for the long term. Major indices such as the S&P 500 and the Russell 2000 have provided fair returns over the past decade. In many cases, attaining market returns is not something to shy away from during good times.
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