What you want to build up is very much in my direction and is called "core-satellite strategy". The core is usually a broad ETF (industrialized countries or all-world) followed by individual stocks as satellites. Among other things, it is important that you understand something about stock analysis from the point of view of value. Just mindlessly buying well-known companies is Russian roulette and does not end well. What does that mean for you? I would first study the literature, read articles from @GoDividend, @Der_Dividenden_Monteur or also @Simpson and get a basic understanding of the investor currents. That is a lot of work. But no work, no pay, no investment advice.
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•@BASS-T Thank you for your answer. I would never just invest blindly. I don't make blind decisions in my company either. It can end badly. The first books are already at home. Quasi work for the holidays 😂
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•@Flow_einert Have fun with it😁 no investment advice
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@BASS-T Do you have any book recommendations for me?
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•@Flow_einert
For a start:
- Rich Dad, Poor Dad by Kiyosaki
- Financial flow book by Thomas Kehl
- Getquin contributions from the people mentioned above plus @DonkeyInvestor and @TheAccountant89 on the basics
After that:
- The Intelligent Investor by Benjamin Graham
- One step ahead of the stock market by Peter Lynch
- Lecture slides from the accounting department of any university
If you prefer it as a video:
- my YT Channel Bass T Finance
- Khan Academy with a focus on accounting
- Maximilian Gamperling
- The Swedish Investor
No investment advice
For a start:
- Rich Dad, Poor Dad by Kiyosaki
- Financial flow book by Thomas Kehl
- Getquin contributions from the people mentioned above plus @DonkeyInvestor and @TheAccountant89 on the basics
After that:
- The Intelligent Investor by Benjamin Graham
- One step ahead of the stock market by Peter Lynch
- Lecture slides from the accounting department of any university
If you prefer it as a video:
- my YT Channel Bass T Finance
- Khan Academy with a focus on accounting
- Maximilian Gamperling
- The Swedish Investor
No investment advice
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