It's a new year, and everyone is looking for ways to make this year better than the last. We define goals and set them with the best of intentions. Yet somewhere along with the way those intentions fall short, and there is a straightforward answer—a lack of knowledge.

Take, for example, the financial markets. Many individuals set a goal of investing their money in the hopes that their funds are increased. But this is not Vegas, and the markets, while a risk, should be approached with more than just wishful thinking. 

Education is vital, so here is a beginner's investment guide to help you navigate the markets and make better decisions when it comes to investing. 

Your Investing Personality

Some love to take a risk. This type of investor loves the rush of watching the stock market tickers and seeing the numbers flash across the screen. They live for the opening bell and are not afraid to throw money at a new up and coming company if they believe in the service or product. 

Then there are the others who prefer a less volatile means of investment. These are the individuals who prefer slow and steady (yet guaranteed) growth over time. They do not like the stress and constant fluctuations in the market. 

Knowing where your investment personality falls is the first step to a wise investment track. 

What Is Your Strategy or Goal?

The second step is to evaluate what is your end goal? What are the expectations you have? Are you looking to retire in less than 10 years?

Are you investing as an individual or as a couple/partner? Each has a different set of pro's and con's. To better set goals for success, couples need to have difficult discussions to align the goals and steps.

The Beginners Investment Guide

One of the simplest ways to begin investing is to take advantage of your employer's investment options. Many jobs offer such investments to their employees as an added benefit, and honestly, this is the best way for the cautious person to start investing.

Most often, you can opt to have the funds deducted from your paycheck (before taxes are deducted) and deposited into your 401K. Some employers match your contribution, which is another added benefit. 

 Here are other areas you can possibly invest in:

  • Stocks
  • Mutual Funds
  • ETFs
  • Bonds
  • Real Estate
  • Cryptocurrency

A great start to the investing journey is to check out They have a vast amount of resources, tips, and guides to further your education.

Check out this "How To Start Investing" guide to get you started.

For those who like to throw caution to the wind, day trading is often a method that is utilized. Buying and selling stock within the same trading day, these types of investors can either go it alone or use a broker to help facilitate their deals. 

This method of trading offers high reward but comes with high risk, so it is not for the faint of heart. 

Fees and Commissions

Whichever type of investments you make, always be sure to look carefully over the fees and commissions portion before investing. Most brokers will charge you for every trade that they make on your behalf.

For day traders, this means if you make one phone call but discuss five different trades,  you are charged five times rather than once for that phone call consultation. 

For those that invest through an employer, make sure you understand all the tax implications and fees associated with your investments.

Choose Your Investments Wisely

Seeking the counsel of those experienced in your type of trading is another great strategy. A beginner's investment guide differs depending on your investment strategy, so do your research and make sure you are comfortable with whichever risk you decide to take. 

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