Investing in the Stock Market on a Shoestring

 

 

company I will go to next year.

 

If you are prepared to invest more money you can choose more than one company. So long as you invest regularly you will take advantage of the low points in the market.

 

If you so wish you can just invest in managed funds. Sharesies has a range of options for this with varying degrees of risk. The golden rule is the higher the return the higher the risk. An astute investor will take this into account when deciding what to invest in.

 

The basic rules of investing still need to be adhered to such as not placing all of your eggs in the one basket and investing according to your goals. If you require the money in the short-term then investing in growth stocks which are high return but with higher risk is not a suitable investment because chances are that the stock price will be down at the time when you need the money.

 

Micro investing is an excellent way to get involved in the share market. It helps to build your financial know-how, not to mention your wealth. It can be part of your wealth building strategy so what are you waiting for?