3. The Investment Account
Generally speaking, to invest in stocks, you need an investment account. For the hands-on types, this usually means a brokerage account. And opening a brokerage account is typically a quick and painless process that takes only minutes. you should consider a few things before choosing a particular broker like the type of account, the features or the cost.
4. The Portfolio Management
Here’s one of the biggest secrets of investing, courtesy of the Oracle of Omaha himself, Warren Buffett. You do not need to do extraordinary things to get extraordinary results. (Note: Warren Buffett is not only the most successful long-term investor of all time, but also one of the best sources of wisdom for your investment strategy.)
The most surefire way to make money in the stock market is to buy shares of great businesses at reasonable prices and hold on to the shares for as long as the businesses remain great. If you do this, you’ll experience some volatility along the way, but over time you’ll produce excellent investment returns.