What to invest in?

[oci11]

I am starting my adventure with investing. Where to look for advice? What is worth paying attention to and why?

? Where to Look for Reliable Investment Advice

1. Books for Beginners
   • “The Intelligent Investor” by Benjamin Graham
     
   • “Rich Dad Poor Dad” by Robert Kiyosaki
     
   • “A Random Walk Down Wall Street” by Burton Malkiel
     
2. Trusted Financial Websites & Platforms
   • Investopedia – Great for learning the basics
     
   • Morningstar – For research on mutual funds and ETFs
     
   • Yahoo Finance / Google Finance – To track stocks and news
     
   • Reddit (r/investing) – Peer discussions (use caution and cross-check info)
     
3. Podcasts & YouTube Channels
   • The Motley Fool, BiggerPockets Money, Graham Stephan, or Andrei Jikh for beginner-friendly insights
     
4. Certified Financial Advisors (CFAs)
   If you're serious and want a custom plan, a CFA can help you understand your financial goals and risk tolerance.
   

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✅ What to Pay Attention To & Why

1. Understand Your Goals
   • Are you investing for retirement, a home, or short-term gains?
     
   • Your goal determines the time horizon and risk level you can afford.
     
2. Start with the Basics
   • Learn the difference between stocks, bonds, ETFs, mutual funds, and index funds.
     
3. Diversification Is Key
   • Don’t put all your money in one place. Spread investments to manage risk.
     
4. Fees and Taxes
   • Understand brokerage fees, fund management fees, and capital gains taxes — these can eat into profits over time.
     
5. Risk vs. Reward
   • Higher returns usually come with higher risk. Know your risk tolerance.
     
6. Avoid Emotional Investing
   • Don’t panic during downturns. The market goes up and down — stay focused on long-term goals.
     
7. Start Small and Consistent
   • Use methods like Dollar-Cost Averaging (DCA) — investing a fixed amount regularly, regardless of market conditions.
     

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? Bonus Tips

• Use virtual trading apps (like Investopedia Simulator) to practice without real money.
  
• Automate investments with platforms like ETFs or Robo-Advisors.
  
• Always question “too good to be true” schemes — avoid scams and unlicensed advisors.