{"id":23123,"date":"2022-04-14T00:19:14","date_gmt":"2022-04-14T07:19:14","guid":{"rendered":"https:\/\/edelalon.com\/blog\/?p=23123"},"modified":"2025-07-08T16:50:56","modified_gmt":"2025-07-08T23:50:56","slug":"how-should-you-think-about-investing-if-youve-never-done-it-before","status":"publish","type":"post","link":"https:\/\/www.edelalon.com\/blog\/2022\/04\/how-should-you-think-about-investing-if-youve-never-done-it-before\/","title":{"rendered":"How Should You Think About Investing If You&#8217;ve Never Done It Before?"},"content":{"rendered":"<p><span data-preserver-spaces=\"true\">Investing is no longer something that the secret club of Wall Street gets up to, although, of course, to invest large quantities of money as they do, having the right backing is important. That said, most people these days invest in some way or another, or serve as the person being invested in. Technically, when asking for a loan such as a mortgage, a bank is investing in you as a potential growth asset, someone who will make their payments on time and pay off the house with any interest attached. That investment, to them, is worth it.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But for the everyday person who has little experience in this, they may think of investment as a retirement hedge fund they pay into, or perhaps money they lend to someone they know as they begin a business. <\/span><span style=\"font-weight: 400;\">Everyone has to start somewhere, even experts responsible for huge amounts of capital, such as <\/span><a href=\"https:\/\/speakerhub.com\/speaker\/sean-casterline\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Sean Casterline<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><span style=\"font-weight: 400;\"> But how should you think about investing as a total beginner when taking your time to operate the platforms yourself? In this post, we\u2019ll discuss a few tips you can use to get started and why you might even try to do such a thing:<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">Use Stock Market Platform \u201cPractice Credit\u201d<\/span><\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">Many investment platforms will offer you false credit in a local setting in order to help you forecast how would-be real investments could operate should you invest your own money. This is a great way to practice identifying trends and seeing how the real stock market reacts. Here you can make all of your beginning errors without needing to invest a dime of your own money. You can also give you the confidence necessary to make sure you\u2019re familiar with the platforms\u2019 architecture and user interface, including how to manage your portfolio. It\u2019s a small consideration, but for beginners, it\u2019s worthwhile.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">Draw Your Financial Roadmap<\/span><\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">It\u2019s important to draw up your financial roadmap to the extent that you can, in a way that accommodates for real results. How much are you willing to invest? What kind of risks and returns are acceptable to you? How will you diversify your\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.thetimes.co.uk\/money-mentor\/guide\/beginners-investing\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">investments<\/span><\/a><span data-preserver-spaces=\"true\">, step by step, in order to make sure that one failing does not lead to a domino effect? These questions can help define you as an investor and will also give you the chance to dictate your platform or investment service more readily.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">Become Aware Of New Investment Technologies<\/span><\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">Investing in raw materials, public businesses and more are all worthwhile, but it\u2019s also worth considering how new investment technologies are changing the game, how they promise to change the logic of the marketplace, and why that is. For instance &#8211;\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.dfinitycommunity.com\/how-to-buy-icp-a-complete-guide-to-investing-in-internet-computer-cryptocurrency\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">ICP crypto<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0is proving to be a\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/edelalon.com\/blog\/2021\/12\/how-technology-eases-your-life\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">disruptive technology<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0aiming to utilize Web 3 decentralization, and as new innovations such as this come along, you can expect value to fluctuate in your favor. Being one-step ahead and understanding the philosophies operating within the modern marketplace can help you begin to make more informed investing decisions, rather than simply hoping a company does well this year.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">This kind of direct approach can help you as an investor rid yourself of naivety and instead start approaching a worthwhile, responsible investment practice.<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investing is no longer something that the secret club of Wall Street gets up to, although, of course, to invest large quantities of money as they do, having the right backing is important. That said, most people these days invest in some way or another, or serve as the person being invested in. Technically, when [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":23124,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[4677],"tags":[4300],"class_list":{"0":"post-23123","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance","8":"tag-investing"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How Should You Think About Investing If You&#039;ve Never Done It Before? &#8226; Edel Alon<\/title>\n<meta name=\"description\" content=\"Hello, we have well thought out reading topics on technology, leadership, project management, food, weddings, and tools to help your daily life. Need some Excel tips or wedding planning advice? Read now and don&#039;t forget to comment.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.edelalon.com\/blog\/2022\/04\/how-should-you-think-about-investing-if-youve-never-done-it-before\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How Should You Think About Investing If You&#039;ve Never Done It Before? &#8226; Edel Alon\" \/>\n<meta property=\"og:description\" content=\"Hello, we have well thought out reading topics on technology, leadership, project management, food, weddings, and tools to help your daily life. Need some Excel tips or wedding planning advice? Read now and don&#039;t forget to comment.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.edelalon.com\/blog\/2022\/04\/how-should-you-think-about-investing-if-youve-never-done-it-before\/\" \/>\n<meta property=\"og:site_name\" content=\"Edel Alon\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-14T07:19:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-07-08T23:50:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.edelalon.com\/blog\/wp-content\/uploads\/2022\/04\/bar-line-chart.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"651\" \/>\n\t<meta property=\"og:image:height\" content=\"432\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Edel Alon\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Edel Alon\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.edelalon.com\\\/blog\\\/2022\\\/04\\\/how-should-you-think-about-investing-if-youve-never-done-it-before\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.edelalon.com\\\/blog\\\/2022\\\/04\\\/how-should-you-think-about-investing-if-youve-never-done-it-before\\\/\"},\"author\":{\"name\":\"Edel Alon\",\"@id\":\"https:\\\/\\\/www.edelalon.com\\\/blog\\\/#\\\/schema\\\/person\\\/aaf86bfa75efb59a5f0855c63e330e42\"},\"headline\":\"How Should You Think About Investing If You&#8217;ve Never Done It Before?\",\"datePublished\":\"2022-04-14T07:19:14+00:00\",\"dateModified\":\"2025-07-08T23:50:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.edelalon.com\\\/blog\\\/2022\\\/04\\\/how-should-you-think-about-investing-if-youve-never-done-it-before\\\/\"},\"wordCount\":552,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.edelalon.com\\\/blog\\\/#\\\/schema\\\/person\\\/aaf86bfa75efb59a5f0855c63e330e42\"},\"image\":{\"@id\":\"https:\\\/\\\/www.edelalon.com\\\/blog\\\/2022\\\/04\\\/how-should-you-think-about-investing-if-youve-never-done-it-before\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.edelalon.com\\\/blog\\\/wp-content\\\/uploads\\\/2022\\\/04\\\/bar-line-chart.jpg\",\"keywords\":[\"investing\"],\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.edelalon.com\\\/blog\\\/2022\\\/04\\\/how-should-you-think-about-investing-if-youve-never-done-it-before\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.edelalon.com\\\/blog\\\/2022\\\/04\\\/how-should-you-think-about-investing-if-youve-never-done-it-before\\\/\",\"url\":\"https:\\\/\\\/www.edelalon.com\\\/blog\\\/2022\\\/04\\\/how-should-you-think-about-investing-if-youve-never-done-it-before\\\/\",\"name\":\"How Should You Think About Investing If You've Never Done It Before? &#8226; Edel Alon\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.edelalon.com\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.edelalon.com\\\/blog\\\/2022\\\/04\\\/how-should-you-think-about-investing-if-youve-never-done-it-before\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.edelalon.com\\\/blog\\\/2022\\\/04\\\/how-should-you-think-about-investing-if-youve-never-done-it-before\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.edelalon.com\\\/blog\\\/wp-content\\\/uploads\\\/2022\\\/04\\\/bar-line-chart.jpg\",\"datePublished\":\"2022-04-14T07:19:14+00:00\",\"dateModified\":\"2025-07-08T23:50:56+00:00\",\"description\":\"Hello, we have well thought out reading topics on technology, leadership, project management, food, weddings, and tools to help your daily life. 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