As a homemaker, managing family finances is a noble task. However, did you know that this role can be expanded? In addition to managing expenses, you can also become a smart investor who helps build your family's future wealth.
Stock investing is often considered complicated and requires a large amount of capital, but that's not the case! With a small amount of capital and consistency, you can start reaping the benefits of the capital market. Here are 5 practical steps to start investing in stocks.
1. Determine “What For” the Money is Invested (Clear Goals, Right Strategy)
Investing without a goal is like sailing without a map. The first and most important step is to set specific financial goals. Are they short-term (1-3 years), medium-term (3-7 years), or long-term (10+ years)?
Why is this important? Your goals will determine your risk profile and investment time horizon. Stocks tend to be suitable for medium to long-term goals because they have high potential returns, but with the risk of short-term fluctuations.
2. Set a Consistent Budget: Not the Amount, But the Frequency
Forget the notion that investing in stocks requires millions of rupiah. You can start with a very small amount of capital, even Rp100,000 to Rp300,000 per month. The key at this stage is consistency and the principle of “pay yourself first.” Allocate your investment funds immediately after your monthly household budget is available, before allocating it to other expenses.
3. Open an Official Securities Account (Make sure it is registered with the OJK!)
Once your funds are ready, it's time to set up your investment account. You need to open an account with a securities company (broker). Make sure the securities company you choose is registered with and supervised by the OJK (Financial Services Authority). The account opening process is now very easy, simply download the app, upload your ID card, and fill in your personal details. Within hours, your investment account (Customer Fund Account/RDN) will be active.
4. Buy Your First Stocks: Focus on Safe “Giants”
As a beginner investor, avoid speculative stocks or those with highly volatile movements. Start with companies that are proven and strong (often called blue chips). Choose companies in sectors that are needed by the wider community (major banks, telecommunications, or consumer goods). This step will minimize your risk and provide a calm learning experience. Remember, the main goal is to learn and grow, not to chase instant profits.
5. Make Monthly Evaluations a Financial Ritual
Investing doesn't mean putting money in and forgetting about it. Moms need to have a regular schedule to review their portfolio at least once a month.
The purpose of the review is to ensure the portfolio remains aligned with the initial goals and to evaluate stock performance, including any significant news that may affect the company's fundamentals (not just daily price fluctuations).
Source: Finansialku.com
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