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How should I decide what to invest in?

1 min
Updated on:
November 24, 2022

Here are 3 quick tips for deciding which stocks to invest in!

  1. Invest in what you know. Don’t invest in a company you’ve never heard of before, or a sector you know nothing about. Are you really into gaming? Fashion? Food? Invest in industries and brands you use yourself, or know a lot about and those you are interested in following the latest news and trends on.
  2. Decide your risk tolerance. From there, you can decide whether a stock is risky or conservative enough for your portfolio (at Wombat – more chillies indicates a higher risk).
  3. Diversify. Make sure not to put all of your eggs in one basket – invest in several Themes, Companies, and industries to protect yourself from risk.

Happy investing!

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