How to start investing

In this article I will talk a little about how to start investing

Learn the first steps to leave the inertia aside and be part of the world of investors. I promise you do not have to be rich or create the financial market.

Everyone starts from somewhere.

There are no shortcuts to the great lessons and in the investment world could not be different. Again, everyone starts from somewhere.

One of the my missions is just to take you out of inertia and turn theory into practice. So, let's move!

I presume that, before following these next steps, you already have a basic understanding of economics.

Step 1: Save

I know a lot of people want to start investing. But, you know, it's no use opening a brokerage account if you do not have the resources to start. And do not even think about borrowing to apply in the financial market. This shortcut is out of the question!

Step 2: Open an account to INVEST

Note that I left the word INVEST in capital letters, because it is crucial that you keep in mind that, yes, you can have an account at the bank (to move short money, making payments and recording the entry of funds), but this Institution will not necessarily be the most appropriate for you to invest your money. In fact, in most cases, it will be the worst alternative.

Step 3: Know what unforeseen events will occur. And be prepared for them

Hold tight. It is still not the time to go out and apply on various types of financial products. Established an amount for the first step, it's time to form your reserves.

The reserves is the money that will be used in an emergency. It is this type of application that you will redeem if you need the feature from one hour or other.

Therefore, three questions are fundamental when it comes to forming this reserve: liquidity, since you may need the money immediately; Low risk, after all you can not lose the reserve; And low cost.

The idea is that it is a simple investment, to which you must devote a value corresponding to approximately six months of your average monthly expenses, that is, multiply your average monthly expenses by six.

Our story does not end here.

Next time I'll tell you what the next steps will be.

Thanks for reading!

See also: https://steemit.com/steemit/@rtdcs/abundance-or-scarcity