Do-it-yourself investing

Do-it-yourself investing is like playing with money to make more money all by yourself! Just like how you might have a piggy bank where you save your coins and dollars, adults can put their money into different kinds of things to make more money over time, like buying stocks or bonds.

But in order to play this money game, you need to learn some important rules first. You’ll need to spend time researching what different stocks and bonds are and what companies they belong to. You’ll also need to figure out how much money you can afford to play with and what your goals are.

Once you are ready to start playing, you can open up an account with a company that helps you buy stocks and bonds, like a bank or an online investment platform. Some of these companies may charge you fees for buying and selling stocks and bonds, so you’ll have to keep that in mind when you decide which company to use.

After you have an account set up, you can start buying and selling stocks and bonds all on your own! You can buy a share of a company you really like or that is doing well in the stock market, and if that company becomes more popular and valuable over time, your share will be worth more money than what you originally paid for it.

The best part about do-it-yourself investing is that you get to make all the decisions by yourself and can make more money without needing to hire someone else to do it for you. However, it’s important to remember that there is always a risk involved with investing and you should always do your research and consult with an adult before making any big decisions.