New investors, stepping in share markets, should focus on choosing companies that have consistent earnings, manageable debt levels and sustainable competitive advantages that help them stay profitable over time. Spreading investments across different industries helps reduce risk and makes a portfolio more stable over the long-term. It is extremely important not to overpay for a stock and instead aim to buy good businesses at fair valuations so that returns are not hurt by high expectations.
Best ASX Stocks For Beginners
Coles Group Limited (ASX: COL)
APA Group Limited (ASX: APA)
Telstra Group Limited (ASX: TLS)
Amcor Plc (ASX: AMC)