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What should I know before investing in stocks?
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Before investing in stocks, it is important to have a general understanding of the stock market and how it works. You should research different types of stocks and familiarize yourself with the risks associated with investing in stocks. It is also important to develop a diversification strategy to spread out risk, diversify assets and understand how to select stocks that best fit your investment goals. Lastly, understand the fees associated with investing in stocks and the role of taxes in your returns.