How much money should I invest as a first time investor ?
Curious about first-time investor
As a firsttime investor, it's important to start with an amount that you're comfortable with and can afford to lose, as all investments carry some degree of risk. You should aim to have a welldefined investment goal and an investment time horizon in mind. Depending on your goal and time horizon, you may need to invest a larger or smaller amount of money.
A common recommendation is to aim to save and invest at least 10% to 15% of your income for longterm financial goals such as retirement. However, the amount you should invest ultimately depends on your individual financial situation, risk tolerance, and goals.
It may be helpful to consult with a financial advisor or do some research to determine what investment options are suitable for you based on your financial goals, time horizon, and risk tolerance. Additionally, make sure to create and follow a budget that allows you to consistently invest and save for your longterm goals.