How to Start Investing: A Simple Guide

Written by Kate from Lonvest
Updated 2 months ago

Investing can seem like a complex process, but it doesn't have to be. By following these clear and concise steps, you'll be on your way to financial growth and success. Here's how to get started:

Step 1: Complete the KYC Verification

To begin, you must pass the KYC verification. This ensures that all your information is secure and in compliance with legal regulations.

Step 2: Make Your First Deposit

Start by depositing a minimum of 10 euros into your account. This initial investment will set the stage for future financial growth.

Step 3: Navigate to the Investment Calculator

Once you've made your deposit, you'll notice an active window with an investment calculator. This tool is designed to help you plan your investments based on your specific needs.

  1. Choose Country. Select the country where you want to invest. Your choice will likely depend on specific investment opportunities.

  2. Select the Investment Period. Choose the duration of your investment. Options include 30 days, 3 months, 6 months, or 1 year.

  3. Read and Agree to the User Agreement. It's vital to understand the terms of your investment. Check the box to indicate that you've read and agree to the contract for using the system.

  4. Consider Reinvestment (Optional). If you want your investment to continue automatically when the chosen period ends, select the reinvestment option. This will renew your investment for the same duration, allowing for potential compounded growth.

Step 4: Press Invest and Enjoy your passive income!

Did this answer your question?