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Finance Questions, Loans, Insurance & Investment Advice Latest Questions

eldavis
eldavisEnlightened Mentor
Asked: September 9, 20232023-09-09T09:24:13+00:00 2023-09-09T09:24:13+00:00In: Money & Business

what is the best commodity to invest in as a beginner?

When it comes to making an investment, there are a lot of risk involved in it especially for a beginner who has little to no experience. What would you recommend as the best commodity or investment a beginner should go into?

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4 Answers

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  1. Ramolak19
    Ramolak19 Knowledge Seeker
    2023-09-12T14:46:55+00:00Added an answer on September 12, 2023 at 2:46 pm

    If you're just starting off, think about investing in commodities like gold or silver. Historically, these precious metals have protected investors against inflation and business uncertainty. Compared to other commodities, they are comparatively steady and less volatile. While these metals-related eRead more

    If you’re just starting off, think about investing in commodities like gold or silver. Historically, these precious metals have protected investors against inflation and business uncertainty. Compared to other commodities, they are comparatively steady and less volatile. While these metals-related exchange-traded funds (ETFs) or mutual funds provide diversified exposure without the difficulties of direct commodities trading, making them appropriate for beginners.

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  2. Suba
    Suba Knowledge Seeker
    2023-09-12T04:31:34+00:00Added an answer on September 12, 2023 at 4:31 am

    If you are a novice investor who wants to invest, it is best that the initial investment instruments you choose are deposits and government bonds. These two investment instruments provide the highest security compared to other investment instruments. You can buy bonds directly from an agent/distribuRead more

    If you are a novice investor who wants to invest, it is best that the initial investment instruments you choose are deposits and government bonds. These two investment instruments provide the highest security compared to other investment instruments. You can buy bonds directly from an agent/distributor partner or through a mutual fund platform. Even though all types of investment instruments have risks, the smaller the risk, the smaller the reward you will get.

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  3. Augusta
    Augusta Enlightened Mentor
    2023-09-10T05:13:33+00:00Added an answer on September 10, 2023 at 5:13 am

    When it comes to making money as a beginner nothing is certain. This is why I prefer one to do some research or findings on what one can do effortlessly to make money. The truth is that what can work for A night not be the best for B. But if I'm to recommend commodity for a beginner it would groceriRead more

    When it comes to making money as a beginner nothing is certain. This is why I prefer one to do some research or findings on what one can do effortlessly to make money. The truth is that what can work for A night not be the best for B.

    But if I’m to recommend commodity for a beginner it would groceries as you can start it easily and starting out isn’t capital intensive. You can test the waters with this and see how it goes

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  4. Emmyty
    Emmyty Trusted Adviser Entrepreneur
    2023-09-09T10:36:52+00:00Added an answer on September 9, 2023 at 10:36 am

    As a beginner, it is important to start with a low-risk investment option. One of the best options for beginners is to invest in index funds or exchange-traded funds (ETFs) as they provide diversification and are less volatile than individual stocks. These funds track the performance of a specific iRead more

    As a beginner, it is important to start with a low-risk investment option. One of the best options for beginners is to invest in index funds or exchange-traded funds (ETFs) as they provide diversification and are less volatile than individual stocks. These funds track the performance of a specific index or market sector, spreading the risk across multiple companies. Additionally, it is essential for beginners to conduct thorough research, seek advice from financial professionals, and understand their risk tolerance before making any investment decision.

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