Buying stocks is not something that should be taken lightly. Selecting which companies to buy can make or break you as an investor.
Before you buy shares in a company, it is essential to thoroughly investigate that company’s mission, management, goals, outlook, and fundamentals.
Think of it this way: you would never buy 100% of a company without thorough due diligence, and, likewise, you shouldn’t buy a small percentage of a company without doing the same.
You can do your due diligence by using an investing checklist, so you can reduce your risk and maximize your profits over time.
In this podcast, Phil and Danielle discuss investing using a checklist, and how it oftentimes relates to experiences in the real world.
Download my easy-to-use checklist and learn how to apply the Four Ms of investing: https://bit.ly/305Cr1p
Topics discussed in this podcast:
- Investing metaphors
- Real-life investing scenarios
- How to pick stocks
- The Four Ms of investing
- Company valuations
- Understanding companies
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