16: How to Make Easy Money From the Stock Market (the Ultimate Beginners' Guide) (Part 2)

🎙 Investing in the stock market is a great way to make passive income and build your wealth, even for beginners and even if you only have a little bit of money to invest.  But it’s easy to lose a lot of money if you don’t know what you’re doing and you make a bad decision. 🤔

This episode discusses topics like:

🌟 Why you should’t try to time the market and why day trading is a fast way to lose a lot of money;

🌟 How to get started investing in the stock market even if you’re a beginner and you only have a little bit of money to invest; and

🌟 How much money a beginner needs to start investing in the stock market (it’s not as much as you’d think!). 

Links from this episode:

Paycheck Budget workbook

Free 7-day online budgeting course

Australian Shares Performance in the Last 30 Years

How do Franking Credits Work?

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The advice shared on Girl on FIRE is general in nature and does not constitute financial advice. The information shared does not consider your individual circumstances. Girl on FIRE exists purely for educational purposes and should not be relied upon to make an investment or financial decision.