Investment is now a necessity, no longer just an option. With short-term investments, medium-term investments, or long-term investments, you have the opportunity to get rich quick.
Investment is an investment activity. The advantage of investment is to get a return or yield that is higher than the interest on savings or time deposits, even exceeding the annual inflation rate.
Behind the benefits, there is investment risk. This investment risk should be a concern for investors, including you newbie investors.
Investment risk is not optional. You can choose investment instruments based on your risk profile, so that investments run smoothly, quietly and comfortably.
Starting an investment is not an easy matter. There are too many temptations, worries or fears that surround, so sometimes it is difficult to start investing.
How to Start Investing
Here's how to start investing from scratch easily:
1. Determine the investment instrument
The next way to start investing is to determine the investment instrument. There are stock investments, gold investments, mutual fund investments, foreign exchange investments, Property investment, and other investment instruments.
Choose an investment instrument based on your risk profile. For example, you are an aggressive type of investor, you can invest in stocks, stock mutual funds, peer to peer lending , or others.
2. Prepare investment funds
The second thing to start investing is to prepare investment funds. There is no minimum or maximum limit of the amount you want to set up.
To be sure, invest funds that you can afford to loss. For example, you are a conservative type of investor, choosing to invest in money market mutual funds.
Once your investment knowledge and experience has developed, your investment guts are bolder, you can add a larger allocation of investment funds so that profits are maximized.
3. Determine the intermediary
Starting an investment usually needs to go through an intermediary, such as investing in stocks through a securities company or stock broker. While investing in mutual funds, the management of the funds is carried out by an investment manager (MI).
You have to determine the securities and MI companies. P2P Lending investment , determines which fintech lending or legal online loan company to channel funding.
Make sure to choose a securities company, MI, legal online loan that is registered and licensed by the Financial Services Authority (OJK) or other relevant regulators. This is to avoid fraud and investment losses.
4. Follow investment activities regularly
Once registered as an investor, carry out investment activities on a regular basis. For example, trading stocks online or buying and selling shares online, buying and selling mutual funds, and others.
By actively investing, you can master investment knowledge, such as reading stock movements that are useful for technical analysis, buying and selling stocks at what prices, and what stocks are bought up by foreigners.
5. Expand sources of information
Before starting to invest or carry out investment activities, such as buying and selling, first find out the important information related. For example, there are corporate actions from certain issuers that affect the JCI movement.
You can get this important information from various sources of information, such as online media, social media, online discussion forums, seminars, or blogs. This information can be used as material to complete your analysis so that you can make the right decisions.
6. Manage profits as best you can
One of the goals of investment is to get a big profit. When you get the profit, turn it again for investment.
Is it to increase investment portfolio capital or diversify investments, so as not to put eggs in the same basket. For example, already investing in stocks, diversifying investments into gold.
So, you have a high-risk portfolio, as well as a gold investment portfolio known as a safe haven. Thus, they can cover each other when facing conditions of uncertainty.
The key to success in starting an investment is to never give up
When starting an investment, it is not always profitable or running smoothly. Starting an investment also has the potential to experience failure or loss.
In this case, your mentality is tested. Do you give up or strengthen yourself to invest? The key to successful investing is to never give up.
When you fail, money floats, never give up. Keep investing while correcting investment mistakes, so you don't fall into the same hole.