It’s easy to see the stock market’s appeal. Popular culture has made investing out to be a path to certain riches. But in reality, investing is a lot more work than it appears, especially if you hope to become a great investor and make big returns. You need a pound of hard work and good decisions just to get an ounce of success.
Most people new to investing do not even know where to begin. And some are downright fearful, worrying about a downturn that always seems to be right around the corner. But bear markets can actually be an investor’s best friend, according to Mark Cortazzo, a senior partner at MACRO Consulting Group.
“Stocks are about the only thing that people don’t want to buy on sale,” Cortazzo said. “Back in 2009, when the environment was a lot less risky than today, people didn’t want to take risk. Now, when there’s much more risk in the market, people want to take on more risk. It’s counterintuitive.”
Following is a brief summary of how to start investing. It reveals both how to invest in the stock market with a broker and how to invest in stocks online. Learn these lessons, and you’ll soon overcome your fears and invest like a pro.