Learn to Invest: So, You Don’t End Up Living in the Basement

Diving into the world of stocks and investing is like embarking on a thrilling adventure—it’s exciting, and sometimes completely nerve-wracking. Yet, taking this leap is crucial. Saving alone won’t get you there. Saving at time won’t even beat inflation. Even though you are taught to save, you will always be behind when you save. The bank you are saving your money with invests your money. You get only a very small piece of the pie.

Here is how I started:

• 1. CREATE A SURPLUS (INCOME > EXPENSE)
  • Create Emergency Fund (Your Safety Net)
  • Pay Off Bad Debt
  • Additional Cash = YOUR SURPLUS
  • INVEST THIS SURPLUS (If you only save, inflation will eat away your savings)
• 2. CREATE A CLEAR INVESTING PLAN
  • HOW WILL YOU INVEST THIS SURPLUS?
  • BY HAVING A CLEAR PLAN
    • Long Term Vs. Short Term
    • Investing Vs. Trading
    • Growth Vs. Value Investing
    • Safe Bond Vs. Speculation
    • Dividend & Option Play
    • Stocks Vs. ETF
  • Your plan should include an Exit & Entry Plan- I can’t predict the market and neither can you.
• 3. INVEST IN YOURSELF
  • Learn The Basics-
  • Learn The Advance-
  • Learn from a credible source

Should You Invest in a Course?

Not necessarily. But here are the challenges I had:

1. Question I asked myself, was why can’t i learn it all on my own? There is so much information online. So, like everything else I started google searching and YouTube watching. I learned some great content but I was learning in bits and pieces, trying and failing. I had no idea how to put it all together. I was trading haphazardly and was all over the place. Instead follow a systematic approach.
2. I came across more salesy marketing videos that did not work for me. “Buy my 1-strategy and you will become a millionaire”. I found out investing doesn’t work that way. If it did, everyone would be successful by just following one strategy. Market is live, fluid, ever changing and very difficult to predict. Therefore, you need a plan. You need a systematic approach. More knowledge=Less Risk.
3. Some of the other obstacles I came across were:
   • It may take you a longer time.
   • You may make more mistakes trying to figure it out on your own.
   • You may lose more money than the price of this course.
   • You may learn in bits and pieces searching and trying and failing, which will take more effort.
   • You can still start learning-There are useful links to free education on the top tab or can even sign up to get a free book from amazon.

But if you are interested in step-by-step method…

Consider Learning with Investing Prodigy!

26 videos on fundamental analysis and valuation (figuring out your stock’s value)

14 videos technical analysis (indicator and charting)

12 videos on plug n play strategies & much more

Start Learning

Start learning from any reputable source. Reach out to us here if you have any questions or concerns.