A netizen, @swagbasket34, shared how he paid $1,000 to attend an investment course by Adam Khoo, and shared what he “learned” online.
Here is what he siad
I paid $1000 for an Adam Khoo investing course so you don’t have to! (Summarized in post)
Lesson one is “stock basics” summarized: (2 videos) for every buyer there’s a seller, for every seller there’s a buyer, fear and greed drives prices, what fundamental analysis means, what technical analysis means.
lesson 2 is ETFs summarized: (video 1) Bull markets are opportunities, bear markets are bigger opportunity’s, Bear markets never last, always followed by bull market. (video 2) The market is volatile in the short term in the long term it always goes up, what an ETF is, different types of ETF indexes. (video 3) Expands on the different types of ETFs (bonds, commodities etc). (video 3) A 35min video on dollar cost averaging lol. (Video 5) summarizing the last 4 videos.
Lesson 3 is Steps to investing summarized: (video 1) A good business increases value over time, a valuable business has higher sales, earnings and cashflow. (video 2) invest in businesses that are undervalued or fairly valued, stocks trade below its value because investors have negative perception of the company
lesson 4 Financials summarized (all 4 videos) where to find financials, how to use a website (Morning Star) to screen stocks, how good is the company at making money, Look for companies that have growing revenue, check growth profit margin and net profit margin of company compared to industry.
Lesson 5 Stock Valuation summarized (2 videos) go here and look at what the calculator is asking for, go to Morning Star find the needed numbers that are required, bam you got the intrinsic vale.
Lesson 6 Technical Analysis summarized: (all 4 videos) What are candles sticks, what do they mean, support and ceilings, consolidation levels.
Lesson 7 The 7 step formula summarized: (3 videos) See what I wrote in lesson 3 and lesson 5.
lesson 8 Winning portfolio summarized summarized: (video 1) Diversify, keep portfolio balanced, different sectors (video 2) More sectors, Dividends (video 3) More on sectors, more on dividends, what are different stock caps (large cap, small cap etc)
Lesson 9 finding opportunities summarized: (video 1) see lesson 3, (video 2) creating a watch list,monitor news, company announcements, stock price, financials
Lesson 10 psychology of success summarized: (2 videos) basically: common sense.
Lesson 11 Finding a broker summarized: (1 video) look at fees and commissions, see minimum deposit, check margin rates, make sure it has a good trading platform.
I just saved you 18 hours and $1000.