5 Stock Market Strategies for Beginners
Investing in the stock market isn’t only for the select few. If you’re getting started for the first time, here are some ideas to help build your strategy.
Here are five investing strategies beginners can use to get more involved in the stock market:
1. Consider an IRA
For some Americans, an employer-sponsored 401(k) plan might be their first investment vehicle, but it’s not the only option when it comes to investing in the stock market.
Whether you have access to a 401(k) plan or not, you can invest in other tax-advantaged accounts, such as a traditional or Roth individual retirement account. An IRA can be opened at an online broker or bank — many brokerages don’t require an account minimum, and you don’t have to invest any of your…
