Start Investing In Stock Market Without Fear
You can start right away investing the stock market without learning much about it when you decide to invest your money. It is better you always start as a conservative investor so that you have less risk and also get the money you have invested. Although the returns may be less it can give you ample time learn about the stock market in detail and how you can invest.
To begin with you should have a savings account. It can be in the bank where you already have one or can be with another bank of your choice. This savings account should fetch you an interest of 2 to 4% for the money you have put in the bank.
The money put in need not be much but to get started start the account with however much you can and finally you are getting money saved by you.
You can invest in money market funds through the bank you have the account.
These funds can fetch you better rates of interest than your savings bank account. These are short term investments where you have low risk and you also get money for the money you have invested.
The next type of investments where you can get a better rate of interest is the Certificate of Deposit. These are good investments with no risk factor and fetch a higher rate of interest then the savings account or the Market funds.
The period of investment can be selected by you and you receive interest till the Certificate reaches maturity. This certificate of deposit can be availed from your bank which can also be insured by your bank. You receive your money put in as investment along 4151with the interest earned when the CD matures.
When you are a beginner
these types of investments are best to start with. You can learn more
about the investments while you money is making money with low or no risk
factor.
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