Why Smart People Invest in Stock Market

Investing in stock market is the surest and most profitable way to create wealth over a long period of time. It might surprise you that KSH. 10,000 investment in stock market can yield more than what you gain through farming or any other business you are engaged in right now.

As a seasoned trader, CentSavvy Investments has helped hundreds of newbies regionally to find a niche in stock market by offering guidance on the best approaches and step by step guide to turning small investment into a multimillion empire.

To start with, you have to adhere to the following guidelines. Stick to this Step-by-step guide to investment in the stock market.

Decide your Investment Approach

Investing in individual stocks can be profitable if you have time and the desire to thoroughly research and evaluate stocks on an ongoing basis. If you choose this line, you must up your game. Here, smart and patient investors beat the market over time. Apart from buying individual stocks, you can also choose to invest in index funds.

Decide How Much You will invest in stocks

Stock market is a long-term investment. The stock market is no place for money that you might need within the next five years, at a minimum. While the stock market will almost certainly rise over the long run, there’s simply too much uncertainty in stock prices in the short term. Statistically, a drop of 15% in any given year wouldn’t even be considered an unusual occurrence. Don’t invest emergency funds, tuition money, vacation money or money you’re socking away for a down payment, even if you will not be prepared to buy a house for several months or years.

 Open an investment account

For you to invest in stocks, you’ll need to have a CDS account or what other people call a brokerage account. Write to us connect@centsavvy.com  and get your account. You can easily fund your brokerage account via EFT transfer, by mailing a check, or by wiring money once your account is set. To be safe as a beginner, let us manage your investment options. At this stage, you have to choose between standard brokerage account and individual retirement account {IRA}.

Choose your Stocks

Centsavvy is committed to help you with great beginner-friendly investment ideas that will set your profits higher and closer to seasoned itraders. We offer arrange of investment ideas and realizing profits with us is never a big deal. When you choose stocks, you have to diversify your portfolio. Avoid high-volatility stocks until you get the hang of investing and always avoid penny stocks. Acquaint yourself with basic metrics and concepts used in stock evaluation and also remember to invest in a business that you understand. Creating your base as an investor is paramount. Trade with companies in long standing. Our clients say we can be trusted and therefore working with CentSavvy guarantees security and profitable investment. If you are thinking of adding some long-term growth prospects to your portfolio, you are at the right place to kick start your investment journey.

Start and Continue your Investment

Did you know Warren Buffet, the world best investor made 99 percent of his vast fortunes after his 50th birthday? It is never too late or too early to securing your financial future. The secret is simple. You don’t need extraordinary things to get extraordinary results. The surest way to make money in stocks is through buying shares of big business at reasonable prices and hold on to them for as long as they remain great business or until you need the money, this will definitely result to a great business and returns.

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