Getting Started in Stocks: An Investing Primer for Beginners
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Understanding stock market basics like indexes (Dow, S&P 500, Nasdaq) is key for beginner investors before buying stocks. They represent the overall market.
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Opening a low-cost brokerage account has never been easier. You can start small with fractional shares.
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Long-term "buy and hold" strategies tend to outperform short-term trading for beginners over time.
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Creating a diversified portfolio is crucial to reduce risk. Broad index ETFs like SPY and QQQ are a good start.
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Review your portfolio at least yearly to ensure proper diversification and asset allocation based on your goals.