Getting Started

Taking your first steps.

Taking those first steps is the hardest part.

Entering the unknown and doing something for the first time can be a daunting prospect. What do I need know before getting started? What are the risks? What do I stand to gain? What could I potentially lose? There is an added pressure when talking about starting out in investments and that often stops people from investing in the first place – the fear of losing everything. The fear of gambling away your future is a very real one for many people, and one that has been the death of many a great business idea.

 

A little bravery goes a long way.

Things always have a tendency to appear difficult from the outside. Goals seem beyond your reach, everything is too technical to understand, and yet others make it look so easy. If you’re brave enough to put yourself out there and take a chance, the rewards can be huge. The key is not to gamble your money, but to take what I like to call “calculated risks”.

With any investment, there is always an element of risk involved. If there wasn’t any risk in investing, there wouldn’t be any potential for gains. There must be something on the line in order for you to gain, but that doesn’t mean your life savings should be gambled on the throw of a dice. Make educated decisions and always calculate the risk involved. Remember, a fool and his money are soon parted.

With that in mind, time for you to take your first steps.

 

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Below are some guides and “How to” tutorials to get you going. Even if you are not particularly interested in a particular investment, I would advise reading everything. Seeing how an investment grows and is developed helps you begin to broaden your understanding of finance and, ultimately, your financial horizons.

Enjoy!

 

 

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A step by step approach

Guides

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