- Please log in to access your watch/favorite lists!
- Please log in to access your watch/favorite lists!
Whats the best way to become a better investor?
Best Answer
EthanR answered 4 months ago …
Madman's answer is good, and I will add to that- make investments on paper first. Create an excel spreadsheet, put in the symbols, date of "purchase", share price, and then make a wide column and in it write the reasons you "bought" the shares on that date.
Periodically track your performance to see how you are doing. Take note of which stocks have done the best for you, and which have done poorly. This will help you to see errors in your thinking that can negatively affect your portfolio.
Also, I invite you to go to www.thetycoonreport.com and sign up for free daily issues. You will learn an awful lot about how to invest on that site. And yes, I do write for them! Good luck.
Answers
madman87 answered 5 months ago …
I think the best way is to read many good books, watching financial channels, study economics and analysis of financial statements :)
Read more from madman87
