Chapter 1
Getting Yourself Ready for Online Investing
In This Chapter
Analyzing your budget and determining how much you can invest
Taking the basic steps to get started
Understanding what returns and risks you can expect from investing
Getting to know your personal taste for risk
Understanding your approach to investing: Passive versus active
Finding resources online that can help you stick with a strategy
If you’ve ever watched a baby learn to walk, you’ve seen how cautious humans are by nature. Babies will hold themselves against a wall and scoot along before actually going toe-to-toe with gravity and trying to walk. That skepticism stays with most people as they get older. Before doing something risky, you probably think good and hard about what you stand to gain and what you might lose. Surprisingly, many online investors, especially those just starting out, lose that innate sense ...
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