Rule #1 Finance Blog
With Investor Phil Town
What Type of Investing Training Do I Need?
I want to stress something. It’s not difficult to learn how to invest. You—or anyone—can learn to do it on your own and get started in just 10 easy steps. However, you do have to put in the work to actually learn it.
Don’t think you can just open up a brokerage account and start making smart calls tomorrow.
It takes a bit of time and proper investing training to learn how to invest the right way, but if you do, you could experience incredible returns on your investments, and if you don’t, you could be sorry.
Read more.How to Buy Stocks: A Beginner’s Guide to Purchasing Shares
Are you ready to hit “buy” on your stock choices?
Before you answer that, I want to make sure you’re really ready and not rushing into a potentially bad investment.
Before we get too far into, at this stage you should have:
Read more.How to Invest Money: A Simple Guide to Grow Your Wealth in 2021
Figuring out how to invest money can be a real challenge.
And I’m sure you’ll agree with me when I say there’s certainly no shortage of information on investing available in the digital age.
However, too much information can be overwhelming. Right?
That’s why I have put together this post to give you everything you need to know in one place. I’ve structured the information in a way that is comprehensive, yet not overly complicated.
So, if you’re a beginner who wants to start investing money in order to reach your financial goals, this is for you.
You’ll walk away with a solid grasp of investing. Plus I’ll share what are the best investments right now for you.
How The Stock Market Works: Stock Market Basics for Beginners
The stock market is the best wealth creator in the entire world, yet remains a confusing concept for a lot of people. In fact, most people don’t know the stock market basics.
When it comes to investing, many people wonder where to start. It’s difficult to pick a single starting point with so many investment terms to learn and strategies out there.
That’s why I’m here. To help you get started and launch your investing practice. The best time to start is now.
Today, we’ll cover the basics such as what the stock market is, how the stock market works, and how to invest in the stock market for beginners.
When you understand the stock market basics, you will be able to enter the market with the knowledge you need to create incredible wealth.
Let’s get started.
How Are Stock Prices Determined?
How stock prices are determined can be a bit ambiguous to anyone not on the trading floor. As investors, though, it’s important to know why a stock is priced at what it is, and why it changes.
So, I’m here to clear up the confusion. By the end of this, you will not only know how stock prices are determined but also how to pick stocks to buy and when to do so based on their price.
There’s one key thing I hope you get out of this: The price of a company’s stock does not always equal its value.
Alright, the class is in session. Let’s begin.
What is a stock split and what does it mean for you?
Stock splits happen from time to time, so it’s important for us as investors to understand what they mean and how they might impact our investing decisions.
Consider this a crash course to stock splits. Let’s begin.
Investment Planning 101: How to Create an Investment Plan in 5 Steps
Setting budgets and milestones are great, but these efforts are futile if you don’t create an actual investment plan to help you stay on track. It’s one of the most critical steps to meeting your long-term financial goals.
Warren Buffett once said that “An idiot with a plan can beat a genius without a plan,” and this is especially true in investing.
That’s why today, I want to cover how to create an investment plan in 5 simple steps, so you can kickstart your journey and set yourself up for a financially secure future.
So, let’s get started.
Investing for Beginners: Get Started Investing with These 10 Steps
Learning how to start investing may seem intimidating to beginners.
But you should know:
It’s not as scary as some new investors expect it to be.
In fact:
Opening a brokerage account and adjusting your level of risk to suit your financial goals is one of the easiest ways to prepare for retirement.
Read more.How to Invest in Stocks: A Guide to Stock Market Investments for 2021
Investing in stocks is one of the best things you can do to set yourself up financially. It’s a great way to earn a passive income and essential for any inflation-beating retirement plan, in my opinion.
But here’s the catch:
You actually need to understand how to invest in stocks in order to make money. If you don’t approach it with a bit of knowledge and a decent strategy, then you might as well save your money for Vegas.
Now let’s get into it:
Read more.Are Robo-Advisors a Good Idea?
Robo-advisors are one of the hottest topics in the financial advising business right now.
People are beginning to warm up to the idea of having a computer algorithm manage their money in place of a financial advisor.
And there are tons of different options out there like Robinhood and Betterment that are becoming increasingly popular – but will these services actually help you make smart investing decisions?
Let’s break down how robo-advisors work to determine if it’s the best way to manage your financial portfolio.