Investing is a great way to build wealth over time, but it can also be intimidating.

I know that when I first started investing, I had no idea how much money should go into different types of stocks or what kind of returns would be good for my goals.

Luckily, with some time and patience you can learn how to start investing your dollars the right way–so let’s get started!

Know what you want to invest.

  • Know what you want to invest in.
  • Know why you want to invest in it.
  • Know how much money you want to put into that asset, and how long you’re willing to hold onto it for (e.g., “I don’t mind if my stock loses half its value over the next few years because I believe that this company will be around forever and make money hand-over-fist, so I can afford some losses along the way).

Set up an account with a broker.

Once you’ve decided that investing is right for you, it’s time to set up an account with a broker. A broker is an individual or company that has access to different markets, and can help guide your investments in the direction of your choosing.

There are many benefits of using one:

  • The first benefit is the cost savings associated with using a broker. Brokers charge fees based on their services—for example, some may offer commission-free trades while others charge commissions when they make trades for you—so if there are any funds left over after paying this fee then they can be invested instead! This means more money in your pocket at the end of each month!
  • The second benefit is that brokers tend not only offer advice about how much money should be put into different markets (i.e., stocks), but also how much should go into each fund within those markets; this helps ensure that everyone involved gets what they want from their investment decisions (and avoids making bad choices).

Find a mutual fund that suits your risk tolerance and goals.

If you’re new to investing, mutual funds are a great way to get started. Mutual funds are like individual retirement accounts (IRA) that are traded on a stock exchange. They provide investors access to thousands of stocks and bonds, allowing them to diversify their portfolios with assets that have different risk profiles.

Mutual funds typically offer low expense ratios (expenses per share), which can make it possible for investors who lack the money for high-cost index funds or ETFs (exchange traded funds).

Learn how to read a prospectus and find the best mutual funds for you.

A prospectus is a document that explains the mutual fund’s investment objectives, risk factors and performance history. It should be read carefully before you invest in a mutual fund.

A mutual fund is an investment company that pools money from many investors and invests it in stocks, bonds and other securities that can generate income for its investors over time.

Mutual funds typically charge higher fees than individual stocks because they are able to buy larger amounts of shares at once, which increases their influence on overall share prices and makes them more likely to outperform during good economic times but also more susceptible to losses when markets fall sharply or drop suddenly (the “correlation” between economy conditions).

In addition, some companies have different types of products—for example: short–term vs long term; UIT vs CALLS; preferred shares versus common shares—so you may want to consider looking into these options as well when choosing where best invest your dollars!

Direct investments are where someone directly buys stocks directly from another individual who owns those stocks already without any help from third parties like brokers or advisors who may charge additional fees associated with selling those securities through them.”

Review your portfolio regularly, and make changes as you see fit.

  • Review your portfolio regularly, and make changes as you see fit.
  • Assess your investment performance.
  • Learn from it!

Assess your investment performance, and learn from it.

  • Assess your investment performance, and learn from it.
  • Learn from your mistakes.
  • Don’t be afraid to change your strategy or ask for help if you need it!

The first step to investing is knowing what you want to invest in, so spend some time learning about it!

The first step to investing is knowing what you want to invest in, so spend some time learning about it! This can be a daunting task if you don’t know where to start. Luckily, we’re here to help!

You may have heard of mutual funds or ETFs before—or maybe not at all. They both work pretty much the same way: they pool money from different investors into one big pool that the company manages for them (and charges fees for).

Mutual fund companies also offer individual stocks as well as bonds, which are like loans from the federal government but more secure than stocks because they pay interest instead of just dividends from corporate profits and dividends paid out by shareholders.


If you’re still unsure about the best way to start investing your own money, don’t worry. All of this can be done without opening a brokerage account.

There are many other ways to invest in assets like stocks and bonds without having to deal with brokers or mutual funds directly. The key is knowing what you want to invest in and finding a way that fits within your financial situation—and we think we just did that for you!