Ok. It’s time for the actual last basic investing post. Again, don’t worry, this isn’t my last investing post. It’s just my last basic investing post.
April 1, Don’t Be Discouraged
April 7, Get to Know the CEO
Getting to know the CEO of a company you’re considering investing in is highly important. Here are some things you should learn about a CEO before investing in their business.
- Age & Birth
- Birthplace and Where they were Raised
- Education (University education is the most important.)
- Previous Occupations
- And Other Qualification as CEO
April 12 2016, Long Term Debt
Companies with debt can be more dangerous to invest in than companies without debt.
April 15, The Proxy
A Proxy is a way for investors to have a say in the company. When you receive your yearly Proxy report you get to vote on who will be on the BOD (Board of Directors). These people do things like decide who the CEO of the company will be.
April 14, Investment Knowledge
April 27, Drips
Drips are a simple way to get more stocks at a cheaper price by buying them directly from the company.
If you didn’t understand my summaries of the terms above or in my previous post, go to the original post by clicking on the link above the summary.
Below are some great resources for investing. Check them out.
Investopedia.com, This website offers the definitions to 100’s of stock market terms. If there is anything you need clarity on head over there to see a video about the term.
Barchart.com, I use this website to find stocks that I can CONSIDER investing in. Afterwards I do all my research to find out if it is or is not a good investment.
The News, I’ve talked about this before. The news is a great resource for finding stocks to consider investing in and information on the stocks you own. To see my original post on the news click here.
The Stocks App, This is an app that comes with every iPhone and iPod Touch Apple sells. I’m currently not sure if Microsoft or Android device have a similar app but it is a great place to quickly check on your stocks and things like the Dow Jones.
StockWars, This is a stock market simulator app that I used to prepare for the real thing. I’d recommend using it. It’s 100% free, fun, and easy to use.
Every time I find a stock to consider I print and fill out the below information. I’ve done a ton of these. They are an easy way to collect info on a company you’re considering investing in.
Stock Report For:
Ticker Symbol:________________ Index Traded With:____________
Year Founded: ________ Founders: __________________________
Important Information on Founders: ___________________________
Company Headquarters: ____________________________________
Number of Locations (If Applicable): ___________________________
Area Served: _____________________________________________
Number of Employees: _____________________________________
Company Website: ________________________________________
CEO Name: _____________________________________________
Age: _____________ D.O.B.: _________________________________
Other Qualification as CEO: _________________________________
Previous Occupations: _____________________________________
Other Details: ____________________________________________
The Business & it’s Products
Target Audience: __________________________________________
Locations Available: _______________________________________
Company Partnerships: ____________________________________
Past Company Events: _____________________________________
Stock Price: $ _______ Shares Outstanding: ____________________
Market Cap. $ ____________________________________________
Long-Term Debt: $ ________________________________________
Revenue: $ ______________________________________________
Assets: $ ________________________________________________
I know it looks like a lot of information but when you invest you need to know everything about that business to decide if it’s a good investment or not.
That’s all for now, Ben