Investing money can be a minefield. Many people aspire to the idealism of getting rich quick by playing the stock market by making smart investments. It’s not a hobby for the faint-hearted. Interested? but don’t know where to start? We have a few tips and tricks that could help you earn a tidy profit in a few short weeks;
Save your investment money
First and foremost start a savings pot you can’t invest money you don’t have. Don’t choose between investing and putting food on the table, that’s the number 1 golden rule!
The good news is it’s actually pretty easy to start a savings pot, for example, setting aside £10 a week for a year would give you £520 and if you can save £20 it’ll be over 1k! – that’s a pretty decent amount to start investing that won’t put you out of pocket.
Invest in real companies, not ticker numbers
Pick companies to invest in not numbers on your smartphone screen – remember behind all those numbers and charts is a real business pick companies who you want to own a small part of, do a little research for example what is their projected growth? And are they likely to recover in the current climate? If the answer is yes they may well be a good bet.
Invest in Cryptocurrency
Cryptocurrency providers such as BITEQ are a hot topic right now. They tend to show a wide range of value over short periods of time. As with any investment, there are calculated risks involved. But they yield such high profits you won’t find in any other type of investment making them highly lucrative. Cryptocurrencies are truly the only international currency out there with no transaction fees involved and are one of the fastest ways to make money today. BITEQ is a rapidly expanding investment style using a cryptocurrency (BQ) it has its own value so that its clients have the potential of investing in a market, in a safe and transparent way.
Learn to play the stock market – Like a pro
The stock market is not for everyone it requires nerves of steel and determination. But if learned well, you can make a considerable profit within hours of making a small investment, for example as mentioned earlier looking at large corporations whose stock has recently plummeted but are likely to recover, based on other factors such as growth and predicted profit for example. We would always recommend investing in a trading course to really learn how to play the market. There are many courses to choose from make sure you do your research and pick one that suits you best.