(NC) If you’ve been thinking about investing on your own, but just can’t seem to push the “buy” button to make that first trade, you don’t have to do it alone. Many self-directed investors have come before you and learned along the way.
To help you get started, check out these tips for beginner investors at RBC Direct Investing:
- Don’t rush. Start slowly and learn from other people’s mistakes, rather than your own.
- Ask a friend or family member to help you learn. Having someone you know by your side when you’re starting out can be a good confidence-builder.
- Do your research. Look into investing options that interest you and keep up to date with investing news and resources.
- Don’t make emotional decisions when you’re investing. Understand why you’re making a choice, ensure it’s the right option for you and be confident – but leave emotions aside.
- Know that there will always be some wins and some losses in investing. Keep your big-picture perspective and longer-term goals in mind and think of investing as a marathon, not a sprint. This can help you keep calm and carry on during the inevitable ups and downs of the market.
Find more investing inspiration at rbc.com/inspiredinvestor.
