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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