Entering the stock market is a fascinating endeavor that offers many investment opportunities. For beginners wishing to build their portfolio of assets, here are some basic recommendations.

Reaction to market fluctuations

How to react to market downturns? Success in the market is closely related to human psychology. Capital fluctuations are inevitable, so it is very important to assess your readiness for them. And here are a few criteria for preparation:

1. Investment horizon: Are you interested in short-term investments aimed at profiting from daily price fluctuations, or do you prefer long-term investments? Long-term investments make it easier to withstand short-term capital fluctuations.
2. Financial situation: The size of your investment portfolio should match your income, expenses and other financial obligations. Investing becomes easier if your income can offset any losses of invested capital.
3. Passive or Active Investing: When starting in the stock market, you must decide whether to invest passively or actively.
4. Active investing: Requires independent selection of securities for investment based on in-depth analysis. This method requires a significant investment of time and effort.
5. Passive investing: Possible without hours of asset analysis. Passive portfolio management often outperforms active management over the long term.
6. First steps in the stock market: To start investing, choose a tax-efficient platform. Each platform has its own advantages and disadvantages, so it's important to choose the right platform before you begin your stock market journey.
7. Joint Securities Account: Allows you to hold stocks, bonds, investment funds, ETFs and other securities. This account can be opened with a bank or an online broker. It is divided into asset and cash categories, allowing you to make payments to buy securities and withdrawals when you sell.

The advantage of a securities account is its simplicity and flexibility, while its main disadvantage is that it is less tax efficient: capital gains and dividends are subject to a flat tax rate of 30%.