Understand the difference between investor, trader, and speculator.
Read Rich Dad, Poor Dad. This will get you in the right mindset.
Watch this inspirational YouTube video. It’ll get you motivated.
Identify your key industries of expertise and find 2–3 companies in each that you can study.
Learn the basics of finance and accounting. How do you read an income statement or a balance sheet? What’s cash flow? What’s a 10-K document? How is stock price determined?
These are all very important concepts. I mainly used YouTube as my learning tool.
Now that you understand the basics of acc video on what type of numbers to look for.
Read The Intelligent Investor. Warren Buffett says this is the best book he’s read on investing.
While you’re reading, keep watching those companies that you shortlisted.
Monitor the news closely. Read The Wall Street Journal, Bloomberg News.
I Hope My Article can Help you in Your Market Journey ahead.
Thank You.
