Easy Investing for Beginners: Your 2023 Quick-start Guide

Starting your investment journey can be overwhelming. There are so many investment options to choose from. But how do you know which is best for you? In this article, you’ll find 4 main investment options with brief explanations, making it easier to choose the right one(s) for you.

4 Tried-and-tested investing options

There are many different investment options. But if you’re just getting started, it’s better to stick to the more well-known ones so you’ll feel less overwhelmed. Here are four tried-and-tested investment methods that you could choose to start investing:

1.   Stocks

Stocks is one of the preferred investment options that help reach bigger financial gains compared to its alternatives. However, with more significant gains, you also carry higher financial risk.

Stocks of individual companies tend to go up and down frequently — this changes depending on the market situation. If your stock value is lower than the price you bought it on the day of sale, you lose money.

However, if your stocks demonstrate stable growth, you can earn much more than on the interest rates of other financial instruments such as government bonds or ETFs.

2.   P2P lending

Peer-to-peer (P2P) lending is an investment option based on lending money to individuals or businesses using online apps. P2P apps such as Bondora match vendors and borrowers and let you start with an investment as small as €1.

Small entry barriers and low operational costs are the top reasons for individual investors to consider P2P lending as their primary investment option.

With P2P lending, people who lend money can receive a higher profit on their investment than traditional savings accounts.

Starting with P2P lending is easy. All you have to do is open a free account, add money to your account, and select your risk-rating that you’re comfortable with or choose the suggested options.

Depending on the platform, you will start earning returns immediately and can withdraw your money whenever you want.


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