Market MakeHer Podcast

12: How To Invest In The Stock Market (a step-by-step guide)

Aug 16, 2023
Discover practical steps to start investing in the stock market today! Learn the basics of financial literacy and how to choose the right brokerage. Get tips on how much to invest, the importance of automatic deposits, and maintaining a resilient mindset during market fluctuations. Understand the power of compound interest and how it can turn your savings into a financial reality. Plus, explore beginner-friendly investment options like index ETFs, and discover the significance of ongoing education in navigating investment changes!
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ADVICE

Build A Knowledge Foundation First

  • Consume quality financial content to build a solid foundation before investing.
  • Knowledge reduces surprise and boosts confidence when you start investing.
ADVICE

Pick The Right Brokerage Location

  • Choose a brokerage based on features like education, research, and IRA support.
  • Have your SSN, personal details, and banking info ready to open the account.
ADVICE

Automate Contributions And Pay Yourself First

  • Automate regular deposits and aim to invest a meaningful portion of income.
  • Increase contributions when your income rises to prevent lifestyle creep.
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