Recently, more and more people are thinking about how to get passive income with little or no savings. And many people think that there is nothing to do with little money in investments. However, these are common misconceptions that are easy to dispel.
So, where can you start if there is not much money, but you want to have a bank account, and so that interest drips from it? Unfortunately, banks now do not indulge their clients with interest rates, and you cannot save much there. Moreover, savings can be eaten up by inflation or devaluation of the ruble. Which exit?
You can try yourself in investments
They will help not only save money, but also increase capital, and significantly. How to start investing in stocks for a beginner? Oddly enough, you need to start not with buying shares, but with completely different actions.
Here's what seasoned investors advise:
1. You need to determine where your money is going uselessly and aimlessly.
2. Find a way to increase your regular income.
What will it give? Money that was previously spent on nonsense can be spent on investments. The additional income can also be used to fund an investment account.
Let's make a reservation right away that this activity is not for the lazy, because even accounting for your own income is a rather tedious and time-consuming business. Not to mention the fact that you need to somehow motivate yourself to look for additional sources of income. Therefore, if laziness is your best friend, it is better to forget about how to invest in stocks for a newbie.
But if you want to have a stable income from your investment portfolio in 5-6 years, you should start with this.
Moreover, now there are many different applications for cost accounting. However, you can use a regular spreadsheet in excel and keep track of expenses as you like. After a month, you need to see what expenses you can get rid of, and postpone this amount at the beginning of the month. This will be the first installment for the investment. And you will have an incentive to increase it.
By the way, you can start investing with any amount - even from three thousand. It's just that the lower the initial amount, the lower the income. However, by replenishing your investment account monthly, you can reach the amount required to generate decent income.
So you have some amount of money. Now what?
How to start investing in stocks for a beginner?
Now you need to choose a broker. This is the kind of platform that will buy shares for you on the stock exchange, because you cannot do this directly.
Following the advice of an investment guru, you need to choose a large and reliable broker. Such a broker will keep your funds safe. In Russia, the largest brokers are FINAM, BCS, SBERBANK, OTKRITIE, TINKOF. There are others to choose from. The main condition is that the broker you choose has a state license. Otherwise, you can fall into a financial pyramid and sooner or later lose all your investments.
After you have chosen a brokerage platform, you need to open a brokerage account on it, transfer money to it, and only then choose the stocks of the companies in which you want to invest your money. You buy shares through the platform (this is often done through a special application), watch their prices rise and receive dividends.
All information about the value of shares and the amount of dividends can be obtained from your broker. As a rule, the site has round-the-clock support, where managers answer any questions.
As soon as you buy shares of several companies, you have a so-called "investment portfolio". And you will be able to follow directly on the site how it is filled with incoming dividends. There are also falls, of course, but that's another topic.
By the way, there are two ways to make a profit from stocks: self-management of a portfolio and support of a broker. Here, the choice is yours. Carefully study all the conditions, ask the broker about the risks and decide how you will invest - on your own or with the help of a broker.
