How to start investing in 2024: A step-by-step guide

Investing in markets — stock, bond, and others — is a useful part of a long-term savings strategy. Deciding how and where to invest your money isn’t difficult, but beginning investors should take the time to understand the different types of markets, the variety of accounts available and some essential investing principles before you get started. Investing in markets is best for longer term goals. That’s because markets fluctuate in the short term while over a period of years — or decades — they have proven themselves to be reliable generators of wealth.

So, if you want to add an investment portfolio to your savings strategy, it’s a good idea to start investing as soon as you’re comfortable. That way you’ll have the…

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