Part 3/10:
Trading platforms like Trading 212 further ease the initial investment process by allowing fractional shares and providing user-friendly interfaces to those just starting their financial journey.
Understanding and Managing Risk
When it comes to risk, new investors often fall into one of two extremes. Some play it too safe by relying only on low-yield savings accounts, which can erode purchasing power in the face of inflation. On the opposite end, some are attracted to speculative investments, such as cryptocurrency, which can lead to severe financial setbacks.