QUOTE(UsernameCopied @ Sep 16 2019, 04:54 PM)
Hello sifus,
I want to start learning about stock market. How did you start and what is your advice for beginners?
Tried googling stock market courses and found so many... not sure which is good or if it's a scam or not? What do you guys think?
Already read LYN stock market FAQs & Guide, T+3, Dividends, commissions/fees, etc... to try and understand the basics but eager to learn more... any help is appreciated
1st have you got your emergency cash stored up? Can you tahan if you are out of job for say 2 years? These are the basic. I want to start learning about stock market. How did you start and what is your advice for beginners?
Tried googling stock market courses and found so many... not sure which is good or if it's a scam or not? What do you guys think?
Already read LYN stock market FAQs & Guide, T+3, Dividends, commissions/fees, etc... to try and understand the basics but eager to learn more... any help is appreciated
2nd determine what kind of investors you are.
Dividend investing, dividend growth investing (buying companies with increasing dividend), value investing (buy something you think oversold and not at real value and wait for price to pick up), growth investor (buy growing companies usually small companies and hope to profit big time), player (treat the stock market like a casino), trader?
Are you a local or international investor?
3rd what will you do if a stock drops 30% in value? What are you going to do?
4th Will you employ leverage (take loan from brokerage and buy using borrowed money)?
After answering those questions yourself (I don't need the answer, is for yourself)
Here are some resources for you or read.
https://dividendmagic.com.my/stock-investment-malaysia/ (dividend investing slow lime tortoise for Malaysian markets)
http://singaporeanstocksinvestor.blogspot.com/?m=1
https://www.mrtakoescapes.com/farmers-hunte...l-independence/
https://www.mrfreeat33.com/my-story/
Recommended books
https://www.sgbudgetbabe.com/2017/07/recomm...inance.html?m=1
https://www.mrtakoescapes.com/the-keys-to-w...hanged-my-life/
http://singaporeanstocksinvestor.blogspot....and-ta.html?m=1
Avoid stock market courses. Most of the time they do more harm than good (sell you empty stuff/useless). Read financial blogs and books.
Sep 16 2019, 07:27 PM

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