339- The Investing Checklist in Real Life
Buying stocks is not something that should be taken lightly. Selecting which companies to buy can make or break you as an investor.
Before you buy shares in a company, it is essential to thoroughly investigate that company’s mission, management, goals, outlook, and fundamentals.
Think of it this way: you would never buy 100% of a company without thorough due diligence, and, likewise, you shouldn’t buy a small percentage of a company without doing the same.
You can do your due diligence by using an investing checklist, so you can reduce your risk and maximize your profits over time.
In this podcast, Phil and Danielle discuss investing using a checklist, and how it oftentimes relates to experiences in the real world.
Download my easy-to-use checklist and learn how to apply the Four Ms of investing: https://bit.ly/305Cr1p
Topics discussed in this podcast:
Investing metaphors
Real-life investing scenarios
How to pick stocks
The Four Ms of investing
Company valuations
Understanding companies
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