I’ve always been interested in investing, but I haven’t always had the bandwidth to learn.
In May 2017 when I was finally able to get my head above water, I wrote down a list of questions that other brand new investors, like me, might ask.
First I made a list of all the terms I needed to research:
- asset classes
- dollar cost averaging
- Class C and Class A stocks
- short sell
- gross margin
- penny stocks
- blue chip stock
- SEC filings
Then I created a list of questions:
If you own shares of a company that offers dividends, but then you sell your shares of that stock, will you still receive dividends for the period when you owned the stock?
Where can you find a company’s income statements and balance sheets?
What’s the best strategy for selling your shares of a stock, i.e. when is it most advantageous?
Do you need special knowledge to become a day trader? Can you day trade on Robinhood, or is it best to go through a brokerage firm?
Best case scenario, what’s a realistic amount that an inexperienced investor can potentially earn in their first year of investing?