How to avoid losing money on the stock market (5 tips for a novice investor)

Increasing your income on the stock market is the easiest and most reliable way to do this.To do this, you will have to master a number of new skills. In this article, we will talk about how to properly invest your money so that it grows and multiplies over time.I recommend that you first take a step-by-step approach to investing your money.In this article, we will talk about 5 advanced steps that will allow you to gradually form impressive capital (the income from which will fully provide for your entire family).5 tips for a novice investor:1) Make your money work.To do this, you will have to make some effort.You will have to make a conscious decision to regularly and progressively increase your income. effort.In other words, your income will have to grow at least a little bit. 2) Monthly averaging Strategy.Make a good habit of buying currency, stocks, and other financial instruments every month.This will allow you to gradually form impressive capital, the income from which will fully provide for you and your entire family.3) invest as much as possible and as much as you can.Make a good habit of investing 10-20% of each salary you receive.To do this, regularly buy currency, stocks, and other financial instruments.This will allow you to gradually form an impressive capital, the income from which will fully provide for you and your entire family.4) Pay yourself every time you spend money.Make a good habit of investing 10-20% of each income you receive.To do this, set up Autopayment in your online banking (it is important to do this for a long time — so that you have free money to pay for your future needs).5) Give yourself the benefit of the doubt.We are talking about the fact that you are now 60-70 years old. Has your life changed in the past 30 years?Have you become smarter, more flexible, more flexible?If you answered "Yes" to any of the questions I posed above, then I am sure that you understand the meaning of this phrase very well. If you are still young enough to make such a decision for yourself, then I recommend that you look for additional earnings.If you are not sure that you have enough money, then set yourself the task of finding it.Of course, there are a lot of articles on the Internet that tell you how to do this, how to quickly "grow" your money and "make friends" with your money. But you'll have to do much more than that.Just think about it:how much have you earned in your previous life;what is the size of your pension;what would you do if you had extra money;what would you do with your existing savings (if you had more money)?These