For people new to investing, understanding how to invest in stocks can feel intimidating. Typical questions beginners may have are where to go and how much money to start.
Advisors are available at banks and other financial institutions to help manage everything for investors, from opening accounts to making stock picks based on the investor’s investment goals.
Mutual funds are professionally managed funds that use money from investors to purchase a large pool of investments like individual stocks, bonds, and money market instruments.
There are different investment options with ETFs, such as index ETFs where the fund tracks a market index, equity ETFs, and sector and industry-specific ETFs,