Personal Finance: From Saving to Investing for Beginners

Description

I will take you from the beginning on how to start saving so that you can invest.

This course will go through the main financial tips and tricks. It's a course that focuses on the most important aspects only. It is for busy people who just want the 80/20 of saving to investing 101.

The course contains the following:

- Outlining goals. What's it like to be rich for you?

- Budgeting, detailing main expenses and revenue streams. How can you reduce your variable and fixed expenses? 

- Ways to save more money on a daily basis.

- 14 Ways to make money on the side: There's only how much you can cut so let's focus more on how can you earn more.

- Fundamental vs Technical Analysis

- 12 Most Common Investing Mistakes and how to avoid them

- Importance of Diversification and How to diversify. You want to have a well-diversified portfolio with multiple index funds across different countries and continents.

- How to select an investment asset with your broker. Navigating broker screen, digging through admin fees and other KPIs to look for in a fund

- What to look for in stocks? PE ratio, ROA, Management compensation

- Compound interest and its importance. Albert Einstein reportedly said it. “Compound interest is the eighth wonder of the world. He who understands it earns it. He who doesn't pays it.”

- Why Robo-Investing isn't Working. Critics of Moneyfarm, Moneybox, Wealthify, Wealthfront and other automated platforms. How their admin fees are killing your returns.

BONUS: UK Individual Savings Account (ISA) Types: Help to Buy ISA, Stocks & Shares ISA, Lifetime ISA, Pension Schemes and how to optimise your taxes. You may skip this 5 min bonus video if you are not a UK resident.

The resources to read and compile are the best part of this course. Downloadable files:

- Investing for Beginner's pdf presentation

- 10 Commandments of Investing One-pager for high-res printing

- Admin Fee Calculator excel file

- Budgeting template excel file

- 4 Essays on: a) Cash is Trash, b) Index fund explained, c) Investing in Gold, d) Investing in Small-Cap Stocks.

Why should you invest?

You won't build wealth by:

- Skipping a $3 coffee

- Making your own dishwasher tablets

- Clipping coupons

- Ordering water at a restaurant

You build wealth by taking massive action towards increasing your income and investing the difference in cash-flowing assets.

Don't forget to download the resources to use and read them. They've been carefully produced for this course.

TAKE THIS COURSE