5 Techniques! How to play stocks for beginners to become sustainable rich
5 Techniques! How to play stocks for beginners to become sustainable rich
Blog Article
The stock market is like a battlefield full of opportunities and risks. Many people dream of being successful in this market. However, to be rich sustainably in the stock market, it is necessary to have discipline and the right techniques. For new stock players who are just starting out, this article presents 5 great techniques that will help you play the stock market with confidence and achieve your financial goals.
1. Study and gain knowledge
Whether you are an experienced investor or a newbie, you must diligently study and gain knowledge about the stock market, investment strategies, types of stocks, financial statement analysis, etc. There are many sources of information, including books, articles, websites, and online courses. For newbies, you must first understand what your stock portfolio actually is.
What is a stock portfolio?
A stock portfolio refers to a group of stocks that investors hold. Simply put, it is a collection of stocks from various companies. It is like a bag for storing our stocks, which is the key to properly allocate and select stocks to invest in.
The purpose of creating a stock portfolio
Diversify risk: Instead of investing in a single stock, diversifying your investment in several stocks reduces the risk of price changes in each stock.
Increase returns: Selecting stocks with growth potential increases the chance of receiving good returns.
Achieve financial goals: Proper allocation of investments helps achieve financial goals, such as retirement.
Types of stock portfolios
Long-term stock portfolio: Focuses on investing in stocks with good fundamentals, aiming for long-term returns.
Short-term stock portfolio: Focuses on investing in stocks with high volatility, aiming for short-term returns.
Dividend stock portfolio: Focuses on investing in stocks that pay consistent dividends.
Speculative stock portfolio: Focus on investing in stocks that have a high chance of price increase but are highly risky.
What are the benefits of opening a stock portfolio?
Opening a stock portfolio to play stocks helps distribute investment funds to reduce the risk of market volatility and increase the opportunity to generate returns for you. If you have a clear investment goal and follow through on the long-term goals through the strategies you have set, the seeds of money you have sown will grow with you and yield future wealth for you for sure.
2. Set goals
Setting goals is the first important thing in investing. New stock investors should set clear investment goals, such as how much return they want and how long it will take. Goals will help you have a framework for making investment decisions and measuring success.
You can use the SMART goal setting method.
Specific
Measurable
Achievable
Relevant
Time-bound
3. Start with a small amount of money
You should not invest all your money in the stock market. New stock traders can start with a small amount of money to reduce risk and build confidence first. This is because the stock market is highly volatile. New stock traders are inexperienced, lack knowledge and understanding. A small amount of money will help them learn and practice.
4. Diversify the risk
You should not invest in just one stock. New stock traders should diversify their investments into many types of stocks and business groups to reduce the risk of price changes of each stock and increase the chance of getting good returns. There are interesting ways to diversify risks as follows:
Invest in many types of stocks, such as growth stocks, dividend stocks, cyclical stocks.
Invest in stocks in many business groups, such as banks, energy, technology.
Invest in mutual funds.
5. Be patient and disciplined. New stock traders should play stocks calmly and disciplinedly. Do not make hasty decisions. Control your emotions and invest according to the plan.
Where is a good stock portfolio for new stock traders?
If you have read up to this point, new stock traders who want to start playing stocks may have a question in their minds: there are many securities companies, but where can I open a stock portfolio to receive expert advice and complete analysis?
Yuanta Securities Ready to provide gclub ทางเข้า ล่าสุด stock portfolio opening, trading and playing stocks with modern tools and provide advice or consultation from experts to create effective investment strategies. If you have any questions or need advice, you can contact us through any contact channel.