Frequently Asked Investing Questions "Debunked"

(PART 1)

- A THREAD -

1.

"How much money do I need to start?"

This question gets asked A LOT

The truth is there's no magical number for the amount of dollars you need to start investing

We have access to investing platforms that allow us to open an account for a low cost of $0

Some of us also have access to fractional shares

Therefore if you have just $1 to your name

You can invest

Stop waiting for a specific amount of money to start

If you're a beginner...

You're better off starting small

The stakes are lower & you'll have more peace of mind

2.

"How would you invest $1,000?"

There's no right or wrong answer to this question

But I get it a lot...

"Sir Alpha, how would you invest X amount of money?"

Let me tell you this...

My answer might be completely different than someone else's

Why?

How you invest depends on your

- Risk tolerance
- Time horizon
- Funds
- Lifestyle

But if I were to answer the question...

50% in dividend growth stocks within mature industries

25% in REITs

25% in technology ETFs

I have a bias towards passive income but you might not

3.

"What's better technical or fundamental analysis?"

This one cracks me up

Because those who ask usually don't know what the difference is

What I can say is that it also depends on your investing preference

As well as your lifestyle...

Do you like graphs and charting?

Technical analysis will probably be of more interest to you

Do you like ratios and financial statements?

Then fundamental analysis will help you excel

And I can most definitely help you out with that one

Sometimes when people ask these types of questions they only focus on the potential gains

But they don't see the work that's required in the background

Your lifestyle and preferences will determine how you find success as an investor

4.

"Is it risky to pick your own stocks?"

The answer is yes

But it's equally risky to let someone else pick your stocks for you

Every investment carries some sort of risk

Once you understand this, it will make the process a whole lot smoother

I always tell people to study what makes a good investment

There are a few basics you can learn that will help you achieve this skill

But you have to be willing to educate yourself first

The risk is always there

But you can limit the risk by acquiring the knowledge

5.

"How do I know when to buy/sell?"

If we knew when to buy or sell every time

Everyone would be a multi-millionaire investor

The answer to this question depends on whether you're a technical or fundamental analyst

Technical analysts know when to buy/sell because of patterns and trends

They are able to identify entry and exits points to maximize returns and limit losses

Go talk to @TheJoyfulTrader about that, he's got you covered

On the other hand...

Fundamental analysts know when to buy/sell based on ratios, financial statements and their valuations

They are able to identify the value of a company using numbers

And can formulate an explanation as to why a company might be a good investment

6.

"Where can I get elite dividend investing knowledge?"

The answer is within my free guide Dividend Domination

Click below to grab your copy https://bit.ly/DividendDominationn