How to Start Investing? A Beginner's Guide to Investing
In this piece, we’ll explain how you can start investing and also share investment tips for beginners. If you’re keen on investing in stocks and want to invest in companies you love, then we have a financial treat for you! Cube Wealth is India’s Pioneer for diversifying investments across continents and now lets you invest in US stocks.
November 8, 2024
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“How to start investing” is a question people often ask when they begin investing money. Whether you’re investing in stocks or simply looking for the best mutual fund investments, this is a good question to ask.
While we all want to invest money, only a few of us understand how to invest and even fewer have an investment plan. In this piece, we’ll explain how you can start investing and also share investment tips for beginners.
If you’re keen on investing in stocks and want to invest in companies you love, then we have a financial treat for you! Cube Wealth is India’s Pioneer For Diversifying Investments Across Continents and now lets you invest in US stocks.
Not ready to invest yet? Read on and learn to invest and understand how investing works on this blog.
Prefer a video to an article? We’ve got you covered! Just watch our episode of The Cube Wealth Show, where we explain How to Start Investing?
Why Start Investing?
There are many types of investments available today. Some people like investing in stocks, others prefer mutual funds. But why do people start investing? After all, it requires effort, discipline and patience.
Well, everyone who wants to secure their financial future should consider investing. This is because as inflation rises the value of your money keeps reducing. While the percentage of inflation may seem small to you it has a brutal impact on your savings.
You should start investing to try and earn enough returns to meet if not beat inflation. If you invest using the Cube Wealth Appyou will easily be able to invest and earn healthy returns no matter what your investment needs are.
What Are My Investment Options?
To begin with, there is no one best investment method, there are several best ways to invest money. Let’s look at some basics:
Stocks
Mutual Funds
Fixed Deposits
Gold
ETFs or Exchange Traded Funds
Government Schemes
Real Estate
There are many more, but to keep things simple let us stop at these 7 for now. Each of these investment options has its own benefits and drawbacks. You can read about these and other investment options in these stories:
Your investment approach needs to be different based on multiple factors. For example, investing for beginners will be very different from the investment plans of a seasoned investor.
Ans. Fixed Deposits, PPFs and Mutual Funds via the SIP route are good investments for beginners.
Q. How do I start investing with little money?
Ans. You can invest as little as Rs.500/month in a SIP using the Cube Wealth app. You can increase your investments whenever you feel confident and better prepared to invest.
Q. How much money do I need to start investing?
Ans. You can invest any amount over Rs.500 if you’re investing through a systematic investment plan. Any amount you invest is an investment but a good investment is one that is made after consulting an expert or doing ample research.
Q. What is the best age to start investing?
Ans. There is no right age to start investing the sooner you start the better because you will be able to earn more thanks to the magic of compound interest.
Conclusion
Embarking on your investment journey as a beginner can be both exciting and empowering. This guide has provided you with essential insights into the world of investing, from understanding your financial goals and risk tolerance to exploring various investment options and strategies.
The key takeaways are to start early, diversify your investments, and stay informed. The path to successful investing involves setting clear goals, creating a financial plan, and consistently investing over time. Remember that investing is a long-term endeavor, and it's important to remain patient and disciplined, even in the face of market fluctuations.
Rishabh P Nair
Rishabh P Nair is the Head Of Brand Content at Cube Wealth, the Financial Freedom App with a smart Perfect Portfolio Planner. Rishabh has been weaving stories for over 10 years and prides himself on building brands with a strong identity.
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