How to invest for a beginner investor: simple investments in stocks, bonds, or precious metals
Surprisingly, most people do not engage in long-term investing because of its complexity.
Not everyone wants to learn how to trade on the stock exchange through a professional broker and master the basics of working on a trading platform.
But today, there are simpler options for investing for a novice investor; all you need is a mobile phone and internet access.
We are talking about purchasing stocks, bonds, and precious metals through the Revolut bank app , which is available to residents of the European Union and, a few days ago, launched in Ukraine.
In my opinion, this is currently the easiest way for a beginning investor to invest money and then receive profit from dividends or from the growth in asset value.
How to start investing in Revolut
First, you need to register with Revolut Bank and then download the mobile app for your phone.
It's best to register directly from your phone, as you'll receive a link to download the app after registration. To verify your identity, you'll need to upload a photo of your ID and complete a facial recognition scan. This is fairly straightforward, and the entire process takes no more than a few minutes.
To begin investing in Revolut, a beginner investor should go to the Investments tab:
Then, select the asset you want to buy—in our example, precious metals—click and go to the tab where you can select the desired metal. For example, let's buy gold.
Afterwards, all you have to do is enter the amount you want to purchase gold for, review the order, and purchase. (Unfortunately, due to privacy settings, the app doesn't allow you to take screenshots.).
You can invest with as little as $10. Your purchase will then be displayed in the "Investments" section, allowing you to monitor your profits:
Other assets, such as stocks and bonds, are purchased in a similar manner, although the choice will be more difficult.
Today, Revolut offers access to over 5,800 shares of the most popular companies and 70 guaranteed income bonds.
As for dividends, the most interesting ones today are those of companies like Pfizer and SIGA Technologies. The former offers approximately 7.2% per annum, while the latter yields approximately 9% per annum. These shares are also available for purchase with just a few clicks.
As you can see, investing with Revolut Bank is extremely easy for beginners, so if you're interested in this offer, you can register with Revolut for free .
When investing, remember to diversify your holdings by distributing them proportionally across several assets or even asset groups. For example, 30% stocks, 30% bonds, and 40% gold.
