Why should you invest, and from what age? Or until what age? What budget do you need?
Dear investor,
Another short blog as an introduction to the world of investing.
The best reason for investing is that investing and occasionally reading about the world's leading companies automatically broadens your perspective. You're on top of the latest global trends, even in a world that's constantly changing. The broader your perspective, the better you can position yourself within that world. Knowing that you can own a portion of the companies that shape, or will shape, the future makes it even more interesting, and actually quite exciting.
You can invest actively (selecting stocks yourself) or passively (ETFs or funds), or a combination of both. Personally, I prefer a combination of both, for precisely the reason mentioned above.
How much should you invest? The main rule is: don't get yourself into trouble! Make sure you have an emergency fund that you don't invest. That's typically 4 to 6 months of your net monthly income. The rest, theoretically, you can invest as long as you approach it relatively sensibly. There's a separate blog post on this site about that sensible approach.
The younger you start the better, after all, time in the market definitely beats timing the market.
On the other hand, there is no age limit on investing.
Our magazine is intended for people who want to invest and get a summary of what is being proposed in the market by the various YouTubers so if you have multiple youtubers making a technical and fundamental analysis on certain stocks, then we can benefit out of their much appreciated work. The more views align the more info we gather the more certain view we can have. When we then make a summary to present in our e-book , across youtubers, you have as much info for your time as possible.
a) We're not advisors, but by reviewing numerous analyses by financial YouTubers, you'll gain a wealth of consolidated information about stocks, covering both the fundamentals (the figures) and the technical aspects (the charts) of the stock or fund. If you want to spend as little time as possible while making the most efficient judgments, consider subscribing to our magazine. We filter the information out of the clutter across various YouTubers.
b) If you're investing in an ETF or fund, read up on which companies the ETF reflects and which stocks the fund includes. See if it aligns with your goals. If you're investing in individual companies, read the company's balance sheet and profit and loss account. Does the company have debt, what is its profit margin, and what are the earnings per share, both now and in the future? Our summaries will certainly help you with this, but you can also do it yourself.
c) Check the technical chart and see how the stock has performed historically, and what your own entry price would be. If necessary, place an order that automatically buys at that price.
If you're a bit more experienced, you might consider working with options, but it's best to wait until you're more experienced. If you're interested in getting started, be aware that options trading courses are coming to this site, which are also included in the roadmap and subscription pricing.
d) Set your sales limit and protect yourself if it drops too much. I personally believe in protecting yourself by setting limits. How to do this is also covered in our e-books. Also, keep an eye on our blogs.
most importantly, do it if you enjoy it.
With our e-books and YouTube videos, you'll undoubtedly enjoy it even more and be fully informed.
Lots of love,
The Fintube Digest Team