Start by setting clear financial goals and assessing your risk tolerance. Then, open an investment
account, conduct research, and consider diversifying your portfolio to manage risk effectively.
Stocks represent ownership in a company, while bonds are debt securities. Stocks offer potential for
higher returns but come with greater risk, whereas bonds are generally considered safer with lower
returns.
A mutual fund pools money from multiple investors to invest in a diversified portfolio of stocks,
bonds, or other securities. Investors own shares in the fund and benefit from professional management
and diversification.
The stock market can be volatile, and investments can go up or down in value. It's important to
understand and manage risk through diversification and a long-term investment strategy.
Investment fees may include management fees, trading commissions, and expense ratios for mutual
funds or exchange-traded funds (ETFs). It's essential to
