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
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
(click to read fully) 😂
Once upon a time, riches were in my mind
I started with my low funds, it wasn't very fun
Friends earned with moomoo, and I thought I could too
Then I went to church, hoping I needn't do research
When I saw my stocks crash, I knew my choices were trash
At my lowest, I was finally honest
Started back from scratch, I was ready for a rematch
Utilising the tools given by moomoo, I only look for what's true
Analysing any company, moomoo gave harmony
With news, comment and analytics, I use these content to build up tactics
With moomoo, and my new skills, I'm ready to make a kill(ing)
HAHA, hope yall enjoyed it
Best wishes to the moomoo community🎉
Once upon a time, riches were in my mind
I started with my low funds, it wasn't very fun
Friends earned with moomoo, and I thought I could too
Then I went to church, hoping I needn't do research
When I saw my stocks crash, I knew my choices were trash
At my lowest, I was finally honest
Started back from scratch, I was ready for a rematch
Utilising the tools given by moomoo, I only look for what's true
Analysing any company, moomoo gave harmony
With news, comment and analytics, I use these content to build up tactics
With moomoo, and my new skills, I'm ready to make a kill(ing)
HAHA, hope yall enjoyed it
Best wishes to the moomoo community🎉
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$Bitcoin (BTC.CC)$ Big name Robert Kiyosaki believes that a big US crash is coming (as the FED starts tapering as soon as next month) .
He advises to purchase gold, silver and bitcoin where its value would be stable and relatively higher than the US currency when the market crashes.
While he has already started investing in these, we should also prepare for a crash and buy in at the next best opportunity(drop).
He advises to purchase gold, silver and bitcoin where its value would be stable and relatively higher than the US currency when the market crashes.
While he has already started investing in these, we should also prepare for a crash and buy in at the next best opportunity(drop).
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