So you want to start investing and you want to build your first investment portfolio? That is a good thing and some people are scared to invest and the one of the ways to have or make more money is to invest your money. Before I start, Please do your own research before investing or buying anything and this is one of the tips that I do want to talk about in this post. That should be the first thing that you do and go online or offline for help. You must know what you are investing to and how much money will you get back in return.
What is your goal?
One of the first things about investing is coming up with a plan and goals in mind. What do you want or what is your goal when investing? Why are you investing and have you done your own research before investing into anything? These questions needs to be answered because when you start investing, you just can’t stop and you for the most part have to investing a habit. Every time you got paid from work or you make any money, some of that money needs to be invested which can take away from things that you want to buy. Investing is long term and you must keep that in mind when investing. What do you want to do when investing? For me I investing in the stock market into dividend paying stocks.
These stocks pays me a dividend and my goal is to make $500 dollars per month in dividends. I needed another stream of income besides my job and dividend investing is one way of doing that. I have been investing for almost 2 years now and every time I got paid, I invest about $200 dollars every other week
