You're a Beginner level investor! 😎 🙌
50% of investors in India are at that same level with you.
Here are a few ways to get started:
Prioritising a balanced and well diversified portfolio is an early sign of a successful investor who reaps rewards in the long term.
- Take help from a human advisor or a digital advisor like MyFi to get your portfolio evaluated. This will tell you what you are doing well and what you need to research/ consider doing.
- Learn fundamental investment concepts using tools like Zerodha Varsity and Value Research
- Stick to investing in mutual funds (aka managed funds). Don't let the allure of high rewards from stocks suck you in. If you are unable to research and evaluate company data, stock investing is probably not for you.
Here's how MyFi can help in your investment journey:
Check out the Portfolio Builder to get a good starter portfolio
Explore how you can get emergency cash
Lowest interest 10.7%
Get cash in your bank in 2 hours
Your investments continue to grow
Learn more about investing terms like "How do I diversify my portfolio?
