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- Jan 9, 2007
Originally Posted by reigndrop
Originally Posted by recycledpaper
Originally Posted by reigndrop
Reuters, Bloomberg, Yahoo Finance; no need to get fancy.Originally Posted by recycledpaper
thanks for all the help guys.
i don't need the money now or in the immediate future so i will hold. i believe the people running rim are pretty smart and will do fine with competition.
where do you guys go to read up on information regarding companies, their forecasts and earnings, stuff like that? i don't mind paying if it means getting good, detailed info.
are there particular things you look for when reading financial articles and reports?
i'm still not even familiar with some terms and acronyms. thanks for your advice.
Best way to learn is to read these articles, and google anything you don't understand. Also, each company has their own perspective on certain events, you're looking for the whole picture.
I would recommend the WSJ or FT, but that's going to cost you.
As far as terms, I've had a book called Barron's Dictionary of Finance and Investment Terms for the last 10 years. It was huge in helping me learn the lingo. But Google can also be pretty helpful.
As far as learning how to make choices, you've got to read some books or articles on how to invest and what you should be looking for in the financials and the strategy. The financials are easy to learn, there's probably only 8-10 numbers that you will look at to make a decision. I pretty much only look at P/E ratio, Revenue, Net Income, Market Cap, and 52 week high and lows to make a finacial decision.
Strategy is the hard part. You look at a company like Nike, are they really poised to grow substantially in the next few years? Yeah they have their market, but if you feel like 20% more people are going to buy Nikes next year or they can raise their prices substantially without losing customers, then it might be a good investment. If you feel like the company is going to be stagnant and not find ways to increase their revenue and earnings, then it might not be the best choice.
Good luck, man. I think it's a great time to get in the game.