A smart investor makes informed investment decisions. He / she does not depend on speculative tips. There is much knowledge & skills to be acquired. Be prepared for hard work! Computer literacy will give you a head start. Take advantage of programs like Evernote & OneNote to help your research.
Why is Financial literacy important? You do not need to be an Accountant but you must be able to read and understand financial statements & company reports. They are the all important data source for your financial analysis.
Quick Tip:
If there is one Investing website you do not want to miss, Investopedia is it. It is a treasure trove of learning (educational) materials. You can definitely rely on it as your one-stop learning centre if you are too busy to be searching for resources. And all for free!
Your Resources can be grouped into 3 main Categories. You will want to get busy building your resources to speed up your learning progress.
- LEARNING / STUDY RESOURCES
- Training Courses (Seminars & Videos)
- Websites
- Books
- RESEARCH / INFO (UPDATE) RESOURCES
- Websites
- Forums including Facebook Pages / Groups
- Messaging Groups
- SOFTWARE TOOLS
- Smartphone Apps
- Charting software
- EXCEL
- PowerPoint
- Microsoft OneNote (optional)