May I know how do I make my first investments, any step by step guides I can have to ensure I’m on the right track. Cheers?

You’ll have to understand and know which type of investments you’re looking into, there are tons of investments in the market ranging from stocks, bonds, properties, gold, luxury watches, art pieces, commodities and many more.

if you’re looking more towards the common method of investing into stocks, bonds and ETFs, ensuring you’re on the right track will also include the choice of brokerage firms to open your account with, opening your CDP account etc. All these information is widely available on the internet today. After all the administrative stuffs is settled, you’re on your way to make your first investment.

One important thing to note, don’t just jump into investments just because it seems that everyone is jumping into it. You’ll have to know what you‘re investing into to avoid losing your hard-earned money.

All the best in your investing journey ahead!

First, you should know your goals and how much you need to achieve those goals.

Secondly, you should figure out how much money you should invest each month to achieve your goals.

Then, you must decide how to save enough for monthly investment. You can start by assessing your current financial situation and chalking out a budget plan that includes the amount you need to save.

You should then figure out the type of investment you want to make and how much risk you are ready to take. You can decided to invest in stocks and bonds to art and gold. Startling simpler with either stocks or bonds is recommended.

Finally, after all the planning, you need to start investing before you can see any real result.

To improve your investing capabilities and potentially earn more, you should spend time learning more about investment on sites like investopedia and other related sites.

Other useful tips:

• Do not invest more than you can afford to lose
• Do not get carried away by what others are doing
• Keep patience and invest with disciplined mindset
• Diversify your portfolio