Everyone Can Invest! And Should!
Helloooo, as someone who first got acquainted with the stock market at the age of 30, greetings to everyone!
Firstly, I want to start by saying I am a bit critical of my family and then our system. No one ever told me until this age how beneficial the Individual Pension System could be, that entering the stock market doesn't require extreme knowledge or loads of money, that holding our money in dollars doesn’t actually yield profit, or that interest eats away at our money in the long term, etc. Instead, they talked about the difficulties and risks of trying to be independent. And they produced cautious people, anxious minds.
Investing is not an area exclusive to finance experts or the very rich; in fact, people of any budget can step into this field with the right information and a suitable strategy. As a first step, it is important to start with a simple savings plan. Starting with small amounts and saving regularly can make a big difference over time—every little bit adds up :)
First, there's the Individual Pension System (BES) we all hear about. You should definitely get more detailed information by visiting your bank's website or searching on Google. Depending on your budget, the system automatically deducts a certain amount (even if it's tiny) from your account every month and invests it according to your choice (funds & stocks, precious metals). Your money appreciates and you benefit from government contributions! Moreover, it’s more profitable if you don’t touch it for a long time, so you might forget about it for a while and then suddenly realize 🤑!
Stocks, funds, and equities offer opportunities to appreciate your savings. Each of these investment tools has its own risk and return profiles. For example, while stocks have high return potential, they also carry high risk. Funds, on the other hand, can provide a more balanced return by diversifying an investor's risk. Similarly, you can examine the Investments section by visiting the app of the bank you use. You can own shares in well-known brands and companies as much as your budget allows and witness how your money moves while it sits. You could start with just 100TL in a fund right now :) If you ask me, you could distribute this 100TL among several funds and even in just one month, although it's a very short time, you could witness how your money moves. Depending on the funds you choose, your TL can also bring returns from other currencies, you can check out foreign funds too. If you like it, I’m sure you will do more detailed research with your interests and insights and grow on your own path. There are profiles available everywhere on these topics, I started earning in just a few weeks and now I’m telling you to start too. Begin with even just 1$ profit in mind every week. This is a system that multiplies as you keep investing, it can be up and down like life, but none of us stay down, we always jump higher. Let’s enjoy the fruits of our patience :) There are many investment options in daily life, from any sector you are interested in to a brand you find appealing. For example, while trying to understand Midas on the app, I saw WarnerBros, their stock was down at the time, and I learned in the stock market you should befriend the fallen. I started with them entirely because they were on the logos of my favorite cartoons in childhood :)
I don't know much about cryptocurrencies yet, but the investment experts I follow and trust recommend we invest some of our money in reliable cryptocurrencies. Of course, I listened, and in the last 1.5 months, it has grown much faster than my 5 funds. I never reduced or leveraged, just bought and held it with my bare hands. So getting investment advice was enough for me, you can dive deeper if you're interested but if you're thinking long-term (+1 year), buying and holding can be much more profitable.
Precious metals are also the most common investment tool in our country, I guess we've all heard the story of the gold bracelets given and melted at weddings. Now you can also buy gold/silver etc. digitally through your bank's platforms, even if it's just 100TL each month (the price of at least one coffee (how cliché)(but true)). And since we consume its reserves every day, it appreciates and is expected to continue appreciating. However, I modestly recommend you buy some physically and keep it :)
When investing, it’s important to do your own research, follow market trends, and be informed in your investment decisions. Also, creating an investment portfolio considering your risk tolerance and financial goals is one of the cornerstones of a successful investment strategy.
In conclusion, investing is an accessible and manageable process regardless of your level of financial knowledge or experience. You can start small, diversify your investments over time, and make informed decisions to progress on the path to financial independence. In this world where everyone can invest, the key concepts are knowledge, patience, and consistency.
P.S: I am not an investment expert :) But especially calling out to girls/women! Please start experimenting this week you read this and take a step for yourself. May you always have the power and belief to choose for yourself, invest in your life <3
