If you are interested in investing into some stocks, I highly recommend you starting. Even though the market is having its up and downs lately, it isn't affecting single companies that much. Experts are saying that there is a possibility of a recession, but this has been going on since august.
Follow these simple 3 steps to ensure the company you invest in is a good one.
- I like to keep the price under 30 dollars per share. Think of it this way. If you have a stock at $15 per share and and another one at $60 per share and they both go up 15 dollars, you double your money on the $15 one and only gain 25% of the 60 dollar stock.
- Research the company and make sure the industry is doing well overall. Also make sure the company is performing well
- Look for dividends. Dividends are great because they give you money no matter what. anywhere for a 5-15% dividend is a good deal.
So there is my 3 step guide to investing and I hope it leads you to great wealth
