Best stocks for beginners with little money and students

Your first paycheck is the best time to start investing. The stock market can often intimidate and make people feel like they need a lot of money to start investing. We’re finally here to tell you that it’s FALSE.

Investing in the stock market does not need a lot of money and you can make steady gains as long as you know where to invest, and pick good stocks to invest in with little money. That’s where Meytrix comes into play. We’re bringing you the best way to invest in stocks with little money, so you can start investing as early as after your first paycheck, with any given amount. 

Should Beginners Invest in the Stock Market?

Of course! The stock market is no more for just the professionals. Using the correct tools, beginners can now invest in the stock market and make great investment choices without doing hours of research or looking at countless balance sheets to find the best stocks for beginners with little money.

Meytrix enables you to buy shares low cost. We’ve created an easy-to-use software that can be used by beginners to make informed investment decisions. So even if you’re a student or a recent graduate with little money looking for good low price stocks - Meytrix is exactly tailored for you. 

How to Start Trading with Little Money?

Let us paint you a picture. You’re a recent graduate and have secured your first internship and immediately find yourself wondering “How to invest in stocks for beginners with little money?” Look no further, because we’ve got affordable shares to buy, tailored for you.

Here are some simple steps to find the best stocks for beginners with little money, using Meytrix:

1. Create an account to start using Meytrix for free.
2. Choose a risk profile that suits you. Typically beginners who’re looking to invest little money would choose plans that are low risk.
3. When you’re done with the signing-up process, you’re greeted by the top stocks for your risk profile. This is what we call our MRank.
4. The lower the MRank, the better the stock to invest in. You can scan the top stocks and choose the ones that have a higher MScore, or the ones that have positive signals (indicating that the price may go up within the next 6 months).
5. In case you’re looking for low price stocks, you can use our price filter and set your desired price to find the best stocks to invest with little money.
6. We have our full platform’s walkthrough in the help section which is a must-visit if you’re new to Meytrix.
7. You’re good to go!

We’ve made investments accessible to all. All young professionals can now start investing smartly, without having to go through years of balance sheets, books or other harsh learnings. Research and buy shares low cost with ease!

Which are the Best Stocks to Invest in with Little Money?

Looking for affordable shares to buy? We’ll cut to the chase here to give you a headstart. Here are some of the best low-risk stocks that you can buy if you have Rs.1000 to invest. (As of 14th August, 2024)

1. Powergrid Infrastructure Investment Trust

2. IRB InvIT Fund

3. Relaxo Footwears Limited

4. SBI Cards and Payment Services Ltd.

5. Happiest Minds Technologies Ltd.

These stocks may give you consistent and positive returns if you invest in them today. You can also check out our low-risk MStocks, which save you from all the research and suggest the best stocks straightaway.

We recommend checking out Large Cap Low-Risk MStocks.

A Basic Guide to Meytrix

Introduction

Are you wondering about how to invest in stocks for beginners with little money? Let us answer that question by breaking down our platform for you and helping you understand how easy it is to use and make the most suitable investment decisions for yourself by finding good low-price stocks.

What is MRank and how does it help me?

MRank (Meytrix Rank) is our proprietary ranking system which ranks the best stocks to accumulate according to your risk profile. Simply put - the lower the MRank, the better the investment opportunity. 

MRank has been designed such that given your risk appetite, it suggests stocks that may give consistent returns in the long term while ensuring the least risk possible in a particular situation. If you’re a beginner investor looking to invest your savings, a simple glance at the MRank should give you a lot of information about your first investment choice and show you the best way to invest in stocks with little money.

What is MScore?

MScore (Meytrix Score) is a score we give out of 11 to every stock. It helps determine how investable a stock is at a particular moment. Higher MScores signify better investment opportunities and indicate the best stocks to invest in with little money.

What are Signals?

Signals show the true capabilities of artificial intelligence, as we’re able to forecast the movement of stocks using our AI algorithms which run 4 times a day and give you real-time alerts. A positive signal suggests predicted upward movement of the stock within the next 6 months. A negative signal suggests the opposite. Signals are great tools to time your investments. If you invest at a time when the signal for a stock is positive, you’ve put yourself in a comfortable position and may expect to get good returns after that point. Signals are side tools that one can use with MRank and MScore.

Understanding Your Risk Appetite

Should I Be Taking Risks as a Beginner?

Your risk appetite depends more on your financial state than your experience in the stock market. If you’ve just started an internship or are looking for stocks to buy for beginners with little money, and don’t want to risk losses with your investment - you’re better off selecting our low-risk plans. These ensure consistent returns which may not be the highest we have to offer but present the least chances for losses in the future. If you’re looking to invest the same amount of money but are willing to risk the amount for a higher profit, then you can choose one of our higher-risk plans. Note that high risk does not mean high loss! Let’s dive into that a little. 

Does High Risk Mean High Losses?

In simple words, high risk indicates more chances of higher returns and higher losses. Just because you’re taking higher risks does not indicate that you’re going to make a loss. With the Indian markets blooming over the past years, Meytrix has seen staggering numbers. 

The average returns given by the top 20 MRanks of our least risky plan (Meytrix Peace Pioneer) from 31/03/2023 to 01/04/2024, was a staggering 100.68%.

Conclusion

If you ever find yourself wondering “How to start trading with little money?” - then sign up to Meytrix for free. 

The amount of money you have as an investor has little impact on how well you’ll fare in the stock market. Meytrix is here to simply understand your risk appetite and present thoroughly researched stocks to you. Our platform is simple, crisp and very easy to use. You don’t need to be an investment expert to navigate through Meytrix and search for good stocks to invest in with little money. With a short learning curve, our tool is ready to use within a few minutes of surfing around. So whether you have Rs. 1,000 or Rs. 1,00,000 - Meytrix is equally helpful to both kinds of investors to make the best investment decisions. 

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