Published:
July 25, 2024
How Should I Decide What to Invest In?
![](https://cdn.prod.website-files.com/607996c5da7d8571c8760990/6181597ed35df64b767199d3_what-to-invest-in.jpg)
Here are 3 quick tips for deciding which stocks to invest in!
- Invest in what you know. Don’t invest in a company you’ve never heard of before, or a sector you know nothing about. Are you really into gaming? Fashion? Food? Invest in industries and brands you use yourself, or know a lot about and those you are interested in following the latest news and trends on.
- Decide your risk tolerance. From there, you can decide whether a stock is risky or conservative enough for your portfolio (at NuWealth – more chillies indicates a higher risk).
- Diversify. Make sure not to put all of your eggs in one basket – invest in several Themes, Companies, and industries to protect yourself from risk.
Happy investing! Capital at risk