At a glance:
- Finding quality and accurate information is essential for all investors.
- Multiple resources are available for you to learn about investing, including written analyses, podcasts and webinars.
- We curate some of the best for you, as you start on your journey!
Knowing where to find quality and accurate information is essential for all investors. What are the best resources for beginner investors? How do we know what information to research?
In today’s Investing 101, we share all of our must-have resources for beginner investors.
4 great resources to sharpen your investor mindset
The following are resources that you can use to help train your instincts and help you make better investment decisions.
1. Investopedia’s Stock Research series
Investopedia’s Stock Research series walks you through the basics of analysing stocks and company financials. While it is not as rigorous as the training professional analysts undergo, Investopedia’s guide should be sufficient to lay the groundwork for you to understand financial and technical analysis.
2. Follow pages like The Woke Salaryman on Instagram
Do you find financial jargon daunting? If so, The Woke Salaryman simplifies investment tips for the general audience and is suitable for beginner investors. These tips are conveyed through light-hearted cartoons and comic strips on Instagram and are perfect for visual learners. Visit The Woke Salaryman’s website if you are interested in the written content that inspires these graphics!
3. Investing 101 articles from other online publications
When researching your investments, it is important to refer to multiple opinions to help you prepare for the road ahead. Why limit yourself to just one publication? A simple google search can give you access to a wide range of publications on investing.
4. Investment courses on the ASX
Does self-learning work for you? The ASX website has a plethora of online courses for beginner investors on topics such as shares and ETFs. These courses on offer great insights on how the share markets work, some things you will need to do to start trading, and some tips on establishing a diversified portfolio.
Great resources for beginner investors to keep abreast of current affairs
We’ve said it before and we will say it again. As an investor, you should be aware of global trends and government policies. Even if you plan to invest locally, no country is completely isolated from the rest of the world. Events in other countries can affect local companies and asset prices! Here, we share some of our favourite news sources across mediums.
1. Financial news websites and apps
Check out these websites and news sources if you want to keep up with current affairs. As these resources have a business and finance slant, they should be highly relevant to investors.
2. CNBC
3. Bloomberg
Even if you do not have the time to follow these news sources closely, Downloading their apps on your phone can always help. The apps will send you push notifications with the latest financial headlines. Sometimes, headlines alone can give you a broad sense of market conditions!
2. Wall Street Journal What’s News podcasts
If you are interested in the latest business news and policy updates in the US, this podcast is the one for you. Listen to the Wall Street Journal What’s News podcasts while sipping your morning coffee or on your commute to work. Each podcast is only 10-15 minutes long and is designed to get you up to speed on the latest business news. The best part? The podcasts have both A.M. and P.M. editions to give you the latest news before the market opens and closes!
WSJ What’s News podcasts are available on both Apple Podcasts and Spotify.
3. Equity Mates Podcast
This podcast this designed for young investors, taking listeners through the process from initial investment, to dividends to selling stock. Equity Mates aims to make financial media more accessible by catering content to everyday investors. The podcast is available on both Apple Podcasts and Spotify.
5. Morning Brew’s daily email newsletter
Morning Brew’s newsletter is a financial and business newsletter that delivers 5-minute reads six days a week from Mondays to Saturdays. Each newsletter summarises the top stories of the day before ending off with a list of recommended reads from other websites. For visual learners, this newsletter also features memes and other graphics that illustrate key concepts in investment and finance.
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Disclaimer
This publication has been prepared solely for the information of the particular person to whom it was supplied by Phillip Capital Limited (“PhillipCapital”) AFSL 246827. This publication contains general securities advice. In preparing the advice, PhillipCapital has not taken into account the investment objectives, financial situation and particular needs of any particular person. Before making an investment decision on the basis of this advice, you need to consider, with or without the assistance of a securities adviser, whether the advice in this publication is appropriate in light of your particular investment needs, objectives and financial situation. PhillipCapital and its associates within the meaning of the Corporations Act may hold securities in the companies referred to in this publication. PhillipCapital believes that the advice and information herein is accurate and reliable, but no warranties of accuracy, reliability or completeness are given (except insofar as liability under any structure cannot be excluded). No responsibility for any errors or omissions or any negligence is accepted by PhillipCapital or any of its directors, employees or agents. This publication must not be distributed to retail investors outside of Australia.