I Started Investing In Stocks Over A Year Ago; Here Are 6 Tips For People Who Don't Know Where To Begin

    Don't invest money you're going to need soon.

    Investing in stocks can sound like a terrifying game of "Am I About To Lose All My Money Today?!"

    Many people don't know where to start or don't realize it's not as scary as it seems. I didn't study finance in college, and no one in my family knew enough about investing to explain it to me. Yet, a year ago, I opened up a Robinhood account and invested my first $20.

    I know, I know. You're probably tired of hearing from rich peeps who tout investing as "tHe bEsT tHiNg tO dO fOr YoUr fInAnCeS." It's one thing you can do for your finances — there are other routes to wealth. And I'm not here to convince you that stocks are your only hope for making money.

    But I think it would be pretty rad if I could make you feel even a smidge more knowledgeable (and comfortable) about investing — even if you don't actually go buy stocks after reading this post.

    A model holding a phone with a stock chart on it

    So here's my advice for people who just still aren't sold on this whole investing thing:

    1. Don't invest money you're going to need soon.

    $20 bills on a table

    2. Don't purchase a stock just because someone else tells you to.

    Me holding my phone screen showing news stories about Apple

    3. Think about how a company or service will impact society in the future.

    Me holding my phone showing the stock price of Netflix at $482.40; text reading "streaming services have been booming"

    4. Make investing more fun by curating a portfolio that's reflective of your personal interests and values.

    A model wearing an armband with their phone attached to it for a workout

    5. Don't try to figure out the best times to sell your shares as a beginner. Buy 'em and hold 'em for a long time to give them a chance to grow.

    A chart showing S&P 500 returns from 1990 to 2020 with a general trend upward. Captioned "There have been some bumps along the road but we just keep climbing"

    6. Think of investing as a way of saving for the future rather than as spending money for right now.

    A hand putting a coin into a piggy bank

    Hopefully I've now transformed you into a ~savvy~, confident, and curious first-time investor.

    If this sounds like music to your ears (and bank account), check out more of our personal finance posts.

    But before you go!!! What are some myths about investing that you've heard? Comment them below! Your input may be featured in an upcoming post.