Icebreaker question for new members

The you tube channel new money has been a great help to me along with a few other one very clear and easy to follow content for new investors highly recommended. For a young guy he’s pretty good.

Similar here. I probably wouldn’t have started investing had it not been for Barefoot.

Late starter here also. Wishing time travel was a thing… I’d have started soooooo much sooner. Ah well - in it now.

Easily the YouTube channel and podcast by the guys at PWL Capital in Canada. Their rational, statistical and research based approach changed how I approach investing. It was very refreshing.

For me it was Strong Money Australia, Aussie Firebug, Pat the Shuffler & Captain FI. All have blogs and podcasts. All are great!

I like my American stocks and over the last 2 years been finding main stream media very very subjective, I question business models and cash flow avenues a lot. Youtube has a formula that encourages content creators to deliver the best information they can to grow subscribers even though it also fuels click-bate material i have found some creators are really striping back stock analytics and building a great resources to understand momentum
… so my main recommendation is you tuber: Roensch Capital

I have been a consistent reader each Saturday morning of Barron’s for years.

What does Auto dividend reinvestment under Holdings means? Should this be turned on of off?

The investment for beginners podcast is what got me the confidence and knowledge to start my portfolio

Lord of the Rings… no really - stay with me.

  1. All the glitters is not gold (well, it was gold, but it was nasty). An argument for ethical investments if I ever heard one.
  2. Gollum had possession of a valuable asset (my precious) - for a very long time - but had a poor grasp of compound growth. Calls for investment in a range of asset classes, and shows that buying and holding non-performing assets for (in his case) hundreds or even thousands of years may not be viable.
  3. The hobbits were seriously ahead of their time, with sustainable, solar-passive housing (built into hills and stuff [in NZ, I think]). Go team. Again, the ethical investments thing.
  4. Sauron had poor situational awareness, which equates to inadequate data input and analysis. Probably also had investments in coal. That indicates that we should be open to new ideas, avoid tunnel vision and … umm… think more like hobbits.

Behavioral Finance and Investor Types from Michael Pompian… great one to understand behaviour and impacts on investment decision

The Millionaire Next Door

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My favourite book and coffee-table conversation piece is “The Nasdaq Stock Market - One Billion Plus, fastest Growing and Non-US Companies” - 1994 version.

Whenever I feel like making an investment in a crazy fast-growing tech stock, I pick up this book and remind myself of how few of the companies from 1994 are still around today.




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I listen to the QAV Podcast as my main Aussie investing listen, good one for value investors and looks at Australia-specific individual stocks :+1:

Check out Joe Hogue on Facebook and youtube. Over 500K followers. Let’s Talk Money.

I can’t see this here, but after trolling my way through books like

  • Trading Chaos
  • Trading for a Living
  • Technical Analysis of Future Markets

(you get the idea)

The book I SHOULD have started with and recommend to everyone is
Motivated Money by Peter Thornhill

more an overview - but it represents where my investment philosophy has finally settled

Agreed

Hi all,

Rule #1 would be up there for me for the applicability of a strategy. Very easy read too.

I think the biggest mistake I’ve made in investing, is being sucked into the whole financial media machine, TV, websites, books, magazines, etc. that purport to know everything, they don’t!

The fact of the matter is that it’s a coin toss whether the market goes up or down tomorrow with a 53:47 percent bias to the upside … when you accept that fact, you can start moving forward

The only piece of advice I have is, forget buying/selling shares, start trading options on ETFs, options on futures, futures, etc.

Unlike shares, you don’t have to be right to make money, you just don’t want to be too wrong but sometimes you can even make money when you’re wrong … sounds crazy but it’s true

Best website: Tastyworks

Best broker: Tastytrade

Best book: High Probability Short-term Trading Strategies - Larry A Connors & Linda Bradford Raschke

Best youtube channel: Tom King Trades

Cheers
Aztrix

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@CiovaccoCapital
@Adam Taggart - weekly video with portfolio manager Lance Roberts