Introduction to investing

If you've no idea what investing is about, that's ok! I know personally what it's like to not be able to find clear, concise information online about the basics of investing. Knowing the basics is the foundation for all investing no matter what path suits you most, so don't be afraid to slow down and really educate yourself before you begin!

Is there anything you read that you don't understand? Check out our Finance Glossary which describes any words you might not understand yet.

So, what is investing? It's the act of putting your money into an asset with the expectation that it will increase in value overtime! The goal is usually to grow your wealth, beat inflation, or achieve specific financial goals. Investing in assets [Crypto, Stocks] is more profitable then leaving your money in banks with extraordinarily low interest rates.

Throughout these pages you will find links to websites where you can start investing! Now,  we know it might be daunting, but use our website first to educate yourself about them, then you can further that knowledge on the websites that seem most attractive to you!

If you feel like you would learn better from seeing where the investing actually happens and you've had enough of reading about it, {Bankrate} is a good place to start and if it's not for you, you can always come back here. Check out our Investment Platform Info page to learn more about it!

Stocks

Stocks represent ownership in a company, giving you a chance to share in its growth and profits. With the potential for high returns, stocks offer an exciting opportunity to grow your wealth, especially when you start early and stay consistent. The stock market has historically given consistent growth in investments. Whether you're looking for stability or higher rewards, the stock market offers something for everyone.

Starting investing in stocks should only be done after proper research. It is not gambling, it's a legitimate way to make your money work for you. We know that if you've started looking into stocks you're going to be seeing a lot, and we mean a lot! It's incredibly daunting. Here at FIA we encourage the education of investing by making it as simple as possible. We also encourage you to do your own research if you feel we aren't resonating with you. A good platform that helps you get your feet on the ground is Investopedia. Take a look at a real investment platform and explore what they have to offer. Check our  Investment Platform Info  page to learn more.

*IMPORTANT*

Here is a step-by-step guide on how to start investing in Stocks! It is carries on in detail on the Stocks Page of our Beginners Guide. First, get a feeling for what will be talked about there:

Step 1: Educate Yourself.

Step 2: Set Your Financial Goals.

Step 3: Create a Budget for Investing.

Step 4: Open a Brokerage Account.

Step 5: Research Before You Buy.

Step 6: Diversify Your Portfolio.

 Step 7: Monitor Your Investments.

Step 8: Stay Informed.

Step 9: Know When to Sell.

Congratulations! You've completed The Intro To Investing and The Stock Market! If you feel ready to continue your journey through stocks, Click Here, this will bring you to our Step by Step Guide to the Stock Market . On the other hand, If you want to start learning  about the basics of Cryptocurrency, keep scrolling. Remember to take your time, don't feel like you need to rush into anything.

Cryptocurrency

Cryptocurrencies, most people on and off the internet has probably heard of the most famous cryptocurrency, Bitcoin. That if you bought it 10 years ago you would never have to work a day in your life again. Now, you've made the right choice into investigating what its all about! So, what actually is a Cryptocurrency?

Cryptocurrency is a digital form of currency. It operates on a network which isn't controlled by a central authority such as a bank called blockchain, which records transactions across multiple computers, making it difficult to alter. Financial and government institutions cannot manipulate cryptocurrencies. Cryptocurrencies also offer users a higher level of privacy and security due to the cryptographic measures used in their transactions.

Some Cryptocurrencies can be very volatile, meaning they fluctuate up and down in price. This might or might not suit your investment, but nevertheless it is definitely something to have in mind when choosing a crypto to invest in. Crypto is still new in the financial world so it is still evolving. It has many interesting qualities and can provide incredible returns on your investments! Thorough investigating and a solid plan is needed before you start investing but it can be very worthwhile!

 If you have enough of reading about it and what to see more check out an investment platform here called Coinbase. Check out their crypto education tools and if it seems too complicated you can continue learning here and do your own research. Remember the hardest and most important step is learning the basics. If you want to know more about Coinbase check our Investment Platform Info page.

*IMPORTANT*

Here is a step-by-step guide on how to start investing in Cryptocurrencies! It carries on in detail on the Cryptocurrency Page of our Beginners Guide. First, get a feeling for what will be talked about there: 

Step 1: Choose a Reliable Exchange.

Step 2: Verify Your Identity.

Step 3: Deposit Funds.

Step 4: Educate Yourself.

Step 5: Choose A Crypto.

Step 6: Make Your First Purchase.

Step 7: Transfer To Wallet.

Step 8: Monitor Investments.

Step 9: Consider Long-Term Strategies.

Congratulations! You just completed the Intro To Cryptocurrency. Which means you now have completed our entire page of Introduction To Investing! Hopefully you made it this far and you now have a base knowledge of investing in stocks and crypto. You should now feel ready to delve deeper into stocks and crypto.

To further your knowledge on Stocks, Click Here and if you have read any words you don't understand yet go to our Financial Glossary here.