“If you have trouble imagining a 20% loss in the stock market, you shouldn’t be in stocks.”
If the thought of investing in the stock market scares you, you are not alone. Individuals with very limited experience in stock investing are either terrified by horror stories of the average investor losing 50% of their portfolio value.
But if you want to get into the investment world you should be aware that the margin of error can be wide and you need to be prepared for that, both professionally and emotionally speaking.
You can always reduce the chance of making mistakes by preparing in every way you can, thanks to the great tool that the internet is, you can learn and know all the details about what is the stock market, how it works, what its strengths and weaknesses are, and much more. You can look for opinions, others experiences, tendencies. You can even take courses. All kinds of information that will definitely help you at the time of investing, can serve you as a base, and the most important thing is also that along with all that, you can be brave and think for yourself.
Also, having a lot of emotional intelligence, filling you with the resilience and the constancy necessary, is indispensable in this process. Due to the mistakes that can be taken as stumbling blocks and this could discourage you, but it is there when you cannot allow it and you must rather take the impulse and encourage yourself, the mistakes serve as learning and make you wiser, as long as you learn to see them that way.
So if you want to start investing your money, here you have Things to look for if you're an amateur investor, consider this because it is very important and will help you lose your fear, and in the end it will always be better for you to dare to act than to do nothing!