In this article, you will find help to start investing even if you are afraid of losing money.
When should I start investing my money?
If you are afraid to put your money in a completely uncertain place, how can I start?
Overcoming Fear
The first step is to overcome fear. When you learn that money can be made in the market, ensure that you are comfortable with the amount of money you are putting into the investment account. Do not invest money that you need to pay rent, credit cards, or loans. Start small and intend to invest some money monthly, whether it is $50, $100, or $500.
Investing Passively and Reducing Risks
As a new investor, I recommend investing passively in funds where the risk is limited. Index funds like the S&P 500 or ETFs (exchange-traded funds) that include a range of stocks or bonds can be a good starting point. These exchange-traded funds should be large-cap and diversified, some composed of high-status companies listed in the S&P 500. With these funds, you are not investing in a specific stock but in a large number of top-quality companies across different sectors, so you are unlikely to lose a lot of money (which I imagine is your main fear).
Getting Started with Investing
Now all you have to do is open a brokerage account or sign up for an investment app, and start investing for the long term!
Source: https://www.thebalancemoney.com/how-to-start-investing-when-you-re-afraid-to-lose-money-5217397
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