In my previous investment blog, I’m New to Investing: Help!, I looked at how to get started. Today I want to build on that by sharing what I have been learning. It has been overwhelming at times but, I am sure that when I start increasing my capital earnings, this teething pain will be a very faint memory. So what are the other great resources that I have discovered thus far?
Kalilah Reynolds created a YouTube playlist on her channel for beginners. It includes basic information such as What is a stock, How to invest on the JSE, What is an IPO, et cetera. She has made it her personal mission to educate everyone so that together we can do as her mantra says “Let’s get this money!” You won’t regret binge watching this! She has made it very easy, you don’t have to search through her various shows, just start with the playlist. And, don’t forget to like, subscribe and share.
There are several accounts that you can follow on instagram. In their own way they share their investment philosophies and analyses. Your own philosophy and whether or not you are interested in trading or long term investments, will determine who you subscribe to. Personally, I am still trying to find a balance as I learn more about the earnings that can be made from trading. The accounts that I currently follow include Beyond the Stock Price, Taking stock Ja, 876 invest, and Learn grow invest. Don’t forget to turn on post notifications!
Learning some general and basic finance principles can make a world of difference. Some of the courses are available free on the Corporate Finance Institute. You can link your courses to your LinkedIn account and publish your certificates there. Also, follow CarltongStew on Instagram for general financial education tidbits including the importance of your credit rating. Did you know we have a credit bureau from which you can get your credit score, right here in Jamaica?
For technical analysis on how to value a company check out Every Mickle. This website has several aspects to it. You will want to subscribe to their mailing list so that you don’t miss out on anything. There are blog posts from persons like David Rose, the Earnings Season podcast and the GRWR classes. There is basic GRWR and its advanced component. The classes are priced in USD but I hear it is worth the investment. I will be participating in their upcoming session this Sunday.
Get involved in groups that have like minded people. What do I mean? Surround yourself with persons who are also interested in learning. Together you can research the companies and compare analyses. Several of these groups exist on Telegram. You can also download the Jamaica Stock Exchanges’ application along with the Jamaica Stocks Watch to track these companies. Once you start analysing companies, the business and regular news items will never seem ordinary again.
So, what have you been up to? What other great resources have your discovered on your investment journey?