What I Learned Yesterday #13

Yesterday was a day of financial education. Learned about investing for dummies, where to start, how to start and so on.

So to start investing your money you need to find a broker and open an account in this company. There are a lot of them and I haven’t done any analysis, but other people did – here is an example for Spain – https://www.rankia.com/comparador/brokers

The first rule for newbies – invest in blue-chip stocks. A blue-chip stock is the stock of a large, well-established and financially sound company that has operated for many years. A blue-chip stock typically has a market capitalization in the billions, is generally the market leader or among the top three companies in its sector, and is more often than not a household name. Facebook, Amazon, Google, Microsoft, Apple – all these guys belong to this category.

One more interesting thing is investing in yourself especially if you are in your 20s. I have seen a lot of people talking about this and it’s true – knowledge will be with you forever, this type of investment is solid and profitable as hell, but the results you will see only on a long-term run.

A good resource to get to know more about investing is Investopedia.

That’s all for today, have a nice Friday and enjoy this fantastic life 🙂

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