Monday, October 29, 2018

Anyone interested in starting to invest, but doesn't know where to start.

Fidelity has a lot of good reading material. You don't even have to have an account. Just download the app, hit the tab in the top left corner, select "learning center" and there is a plethora of information that's well organized and designed. This is like a micro-college course in itself. I haven't checked if it's the same on their website, but I wouldn't see why not.

*I do not work for Fidelity, I just discovered this information and thought I'd spread the word. I'm sure other brokerages have similar material.

These topics are set up in "exercises", broken down into modules, and reminds me of the template used in something like an intro to economics class, but specific to investing. I learn best by reading, most videos don't really do it for me. If you learn like me, this may be for you. I haven't gotten through all of them (barely got through the first few), but they seem to cover pretty much every beginner question there is. These are the topics:

  • Are You Ready to Invest

  • How to Start Investing

  • Where to Start Investing

  • What is a Mutual Fund

  • What is an ETF

  • Comparing Mutual Funds & ETFs

  • Evaluating a Stock

  • Building a Portfolio

  • Sector Investing

  • Intro to Technical Analysis

  • Common Trading Pitfalls

  • Intro to Fundamental Analysis

  • 5 Step Stock Trading Strategy

  • Managing a Trade

  • How Technical Indicators Work

  • Common Pitfalls for Technical Indicators

  • An Intro to Options

  • Breaking Down a Call Option

  • Breaking Down a Put Option

  • 5 Most Common ETFs Mistakes

  • Margin Trading: The Foundation

  • 6 Options Trading Pitfalls to Avoid

If you're like me and don't know what you don't know, this is a good start.

*May need an account, but don't think you need any funds or bank accounts. Just basic contact info.



Submitted October 29, 2018 at 10:09PM by BeezyJ https://ift.tt/2PtEyoS

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