Investing in stocks is easy, and as a beginner investor you need to read and learn a lot so that your stock investment will produce satisfying results.
Here are tips you can do in investing in stocks:
1. Start small
Just like learning to swim, you don’t immediately plunge into a deep pool right? Stock investments also start small, the more you learn and the more you are sure of the strategy and company you invest, you begin to increase the amount of money you invest. It doesn’t need big, just starting from 100 thousand rupiahs every month.
2. Routine buying shares
Although the amount is small, but you have to be routine in buying shares, the cool term is to save shares. The first year of each month is 100 thousand rupiah, then the following year it rises to 200 thousand rupiahs and so on. In addition to regularly buying shares every month, you can also apply the Dollar Cost Averaging principle.
3. Take advantage of “The Power of Compounding”
Believe it not only with an investment of 500 thousand rupiah per month and a yield of 15% per year can you have 3.5 billion rupiah in 30 years? Even though the total money you invest is only 180 million. That is the power of Compound Interest.
4. Buy company shares that you know
No need to bother looking for a good company for you to invest, just look for a company whose product you know and then you are sure the company’s product will still be used for another 10 or 30 years. Then you regularly review the financial condition every 3 months, 6 months or 1 year. After you are sure this is a good company, you routinely buy shares of this company every month.
5. Learn to share first in a virtual account
Still in doubt? You can try to start investing with a virtual account. One of them you can study in Virtual Trading Stockbit. The difference with real stock investments, Virtual Trading Stockbit uses virtual money. You will be given virtual capital of Rp. 100 million