How to Invest for Beginners in 2021 | Stock Market Strategy

So what is the best way to start investing in the stock market for beginners? How do you start investing your money safely? Understand your cash flow, income, and expenses as a first step. Then from there you can make more informed money decisions. This will prepare you for investing in the stock market. The stock market and investing can be easy and stress free.

Here are some easy quick steps to start determining your investing and money philosophy and strategy.

Step 1 - Understand your inflows and outflows. Where are you making money and where are you spending money. You don’t necessarily have to create budgets here or change anything. Just become aware of your money habits. Mint and Personal Capital are both money apps that can help.

Step 2 - Start to find ways that you can potentially put money aside for an emergency fund, to pay off debt, or to start investing. It’s important to have Step 1 down first though so you see where your expenses are and what you can adjust.

Step 3 - Once you’ve understand your money situation, maybe you have ways to use some extra money to invest. It’s important to remember that investing can be a longer term choice. You don’t always need to invest in the flashy stock or the most popular stock (i.e. Robinhood’s negative affect). You can invest in lower risk assets that allow you to make dividends and grow your portfolio over time. Everyone’s situation will be different though.

I’m taking a mini break from work for a couple days and getting some R&R. After visiting my parents I stopped in Vegas (not to gamble haha). So I’m just walking around a mall in this video. Funny that the mall has Gucci, Louis Vuitton, and all the expensive stores and we are talking about finding ways to use your money to invest haha!

Thanks for being on the QuinnTalksMoney journey with me. I want to bring value in these videos and they will just get better and better with time. You rock and I appreciate your support!

I was surprisingly out of breath and my arm was tired holding my phone while filming this one!

Видео How to Invest for Beginners in 2021 | Stock Market Strategy канала QuinnTalksMoney