Illustration: A stock-exchange beginner
Warren Buffett. A name. A legendary name! The name of a billionaire. So, what does he do? He invests in stock. The stock exchange is a huge topic, and a very exciting one. You can make your fortune or go to rack and ruin. Whichever way it goes for you, there’s no denying that investing is one way to improve your finances. So how do you start? How do you make money from it? Is it as simple as it looks? Or is it a minefield? How does a layperson take their first steps on the stock exchange without falling flat on their face? There is a mine of information out there but how do you separate the lies from the truth? You hear about stocks and shares but are they the only way to go? And how does trading fit into it all, what’s the link with the stock exchange? Warren Buffett isn’t a trader as such, more an investor. So what’s the difference?
This is a companion discussion topic for the original entry at https://www.bestbrokers.co.uk/beginners/beginnersguide-what-are-the-first-steps-to-trading.html