How to cope with an anxiety filled 2021😱

Initial investments are always nerve wrecking. To feel safer, some may start to follow the crowd or start taking investment advice from websites.
I too, was tempted. Resisting against the human nature of feeling safe has left me anxious.

It was then, I started finding security in having knowledge, starting books such as "Rich dad poor dad", to build my mindset and technical analysis books to help me find the right stocks.

Above all, the most important skill was learnt through YouTube which was how to analyse a company. Through the video, the summarised key points is as follows:

8 steps to analyse a company:👍
Business Section of 10k(annual) or 10q(quarterly)

Management Discussion & Analysis (MD&A)

Business Overview

Management’s Plan

Industry Trends

Segment Performance

Overall Performance

Financial Statement Analysis (Read the footnotes)

Company Presentations & Earnings Calls

Competitor Analysis (identify 2 or 3 other companies and do light research and check of their margins? Profit? p/e?)

Determine Fair Value (p/e,...)

Identify Drivers of the stock (Can check the news)

Wait for Buying Opportunity

With this, I leave you with a closing thought: To buy or not, to sell or not. Depends on your own research, cross referenced with other experts opinions. Keep improving yourself and investing will be come easier