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Investing to become financially independent
Investing to become financially independent
Home › Forum › Dividends & stock market › Where to start?
Good morning,
I'm new to the stock market and would like to invest 500 euros. How can I diversify my portfolio and which stock should I start with?
I use Keytrade (Belgium), shall I buy shares? (I'm lost, there are options too?).
Thank you for your help
Good morning
start by browsing the site (especially the tutorial) and the forum.
Then use the tools provided in the member's section and base yourself on the recommendations of the different strategies, especially to start with the Global Dividend Growers.
But I'd say that with 500 euros, the most important thing for you right now is to save, so focus on the tutorial and the following articles
http://www.dividendes.ch/2012/12/tout-ce-quil-faut-savoir-pour-devenir-un-rentier-precoce/
http://www.dividendes.ch/2013/03/ou-va-votre-argent/
Thank you for your help, I have already started to explore your site which is very well supplied, a real gold mine, congratulations for your work.
How much does it take to get started? Also what do you think of the DEGIRO platform where the fees are extremely low?
I also had a question after looking at some stock prices, should I select the lowest one?
I'm sorry to ask so many questions that may seem simple to you, but I'm still not sure.
another useful link:
http://www.dividendes.ch/forum-2/dividendes/questions-quand-on-commence-en-bourse/
how much to start with... let's say you follow the rule of no more than 1% in transaction fees, so I'll let you do the math based on your broker's fees in relation to your first purchase
DEGIRO I don't know at all, not known in Switzerland.
price as such is meaningless
a share at USD 15 is no cheaper than one at USD 30
always compare the price with a benchmark: profit, dividend, book value...
Thanks again! I'm going to go through all of this and make a note of it.