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Despite all of the horror stories that you might hear In the news concerning the stock market, investing is still a very important aspect of securing you" ?nancial future and building long-tem' wealth. Before you take the leap into the investment world there are ?ve tips that first time investors should pay dose attention to. 1. Make sure that you are ?nancially ready to invest. Have you cleared up your outstaiding debts or at least made a plan for getting out of debt? Do not count on your investments to help you get out of debt. That is not what investing is about. If debt is a problem for you the best investment you can make at this time is to use the money to pay off or pay down the debts that you currently have. Ideally, before you Invest, you should make sure that your income covers all of your bills and living expenses, that you have full control of any debt that you have, that you have money reserved for emergencies and that there is actually extra money to invest - even if you only have $20 to invest each week or month. 2. Practice Investing with play money ?rst. Before you use your real, hard eamed money to invest, practice Investing with play money. You can sIg1 up with numerous stodc market s'mulation games online, and most of these simulation games we free to join. Summary Mmy ?rst time investors lose their entire investment imply because they didn't know enough about investing or what they should or should not do before jumping into the market. There are ?ve things every ?rst time Investor can do to increase their odds of having a positive experience vvlth their ?rst investments. visit: Best Stock Market Tips
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