5 Ways to Learn Stock Investing from Home
5 Ways to Learn Stock Investing from Home
There are many types of investments to choose from for future financial health. One of them is stock investment. In times of a pandemic like now, this type of investment is starting to be in great demand by the public. If you want to start, you should first consider the ways, including learning how to do it at home. Here are some investment learning guides from home that you can follow.
1. Know the purpose of stock investment
In investing, it is important for you to recognize the purpose of the investment, including when investing in stocks. Determining this investment goal is very crucial for the convenience of investing in the future. These goals can be short-term, medium-term, or long-term goals.
For the short term, for example, you invest in stocks to meet additional needs to an emergency fund budget. Then, for medium-term goals, such as wedding expenses. While the long term can also include goals that are to make the future even better. Call it the budget for retirement funds, children's education, to savings for buying a house.
2. Check your cash flow again
After determining your stock investment goals, the next step when learning to invest from home is to look back at your cash flow. Here, you need to see if your financial condition is adequate and healthy, meaning it is safe for living expenses and other expenses. So, your finances will not interfere with investment and vice versa.
If stock investment is done without careful calculations, it will certainly burden you in the future. Also avoid investing in stocks just because your friends follow suit. If your financial condition and cash flow are sufficient, then you can start the investment with the smallest nominal first.
3. Conduct a survey on stock investment information
Continuing on the previous point, you should have sufficient information before jumping into stock investment. The information in question includes, among others, information regarding how to invest properly and correctly, understanding risks, and checking the development of the stock market in an up-to-date manner to avoid losses in investing.
In addition, do a survey regarding which types of stocks you can choose and do not have the potential to cost you. This survey can be done easily via the internet, read books on stock investment, listen to financial news, and follow stock investment accounts on social media.
4. Start trying with the index LQ45 and IDX30
To start investing in stocks, it's a good idea to buy stocks that already have a good reputation. An example is to try stocks that are included in the LQ45 index. The term is an index that has been registered on the Indonesia Stock Exchange (IDX) stock market. Currently, there are around 45 companies in the LQ45 index with certain criteria, including meeting financial conditions, future company prospects and high transaction values.
Besides LQ45, there is also IDX30 that you can try. The definition of this index is a stock index which is measured based on 30 shares of companies with high liquidity, having a large market capitalization and must be supported by good company fundamentals. Several companies that are included in LQ45 and IDX30 are very suitable for you to choose because they tend to be stable and easy to resell so that they can minimize losses in investing.
5. Use a trusted and integrated stock investment platform
The last thing to consider when learning stock investing is choosing the right platform. In today's digital era, investing in stocks is easier with online-based platforms that you can choose from. However, in choosing it, of course you have to compare between one another which is the best and according to your needs.
When choosing this platform, there are a few things you need to pay attention to. For example, ensuring that the services provided or the stock company are registered and under the supervision of the Financial Services Authority (OJK). Then, the existing features help you easily when investing in stocks online
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