It may sound boring but record-keeping is important in share investing and it also gives you insights that can make you a more profitable investor.
We cover a range of topics including:
And some great advice for the first time investor - buy and hold a stock that you are familiar with, do your research, download the annual report and have a look at it's chart.
There's a bonus section where we discuss some of the terms that you may be unfamiliar with. We talked about GICS which is the Global Industry Classification Standard. It's worth just having a look at the ASX and what it's made up of. Here's a site that gives a nice overview.
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Shares for Beginners is for information and educational purposes only. It isn’t financial advice, and you shouldn’t buy or sell any investments based on what you’ve heard here. Any opinion or commentary is the view of the speaker only not Shares for Beginners. This podcast doesn’t replace professional advice regarding your personal financial needs, circumstances or current situation.
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