The Perfect Starting Point for Beginner Investors

Hello Stoic Investors,

If you’ve ever thought about investing but found yourself putting it off because it seems too complicated, this newsletter is for you.

Today, I’ll show you how to start learning to invest with three fantastic (and free!) websites.

These tools will help you build knowledge, practice without risk, and analyze markets with confidence.

1. Investopedia — Your Guide to Investing Basics

Investopedia is the ultimate go-to for beginners looking to understand the stock market.

Start here to build a strong foundation in financial literacy.

Here’s what makes it a great starting point:

Learn the Basics: Check out their beginner-friendly articles on the five key investing concepts, like diversification and compound interest.

Practice Risk-Free: Use their free portfolio simulator to make your first investments with “paper money.” This feature allows you to try out different strategies without risking a penny.

Take it step by step.

Try out the virtual portfolio to get hands-on practice and familiarize yourself with managing investments.

Read a few articles each day, and soon, terms like “dividends” and “earnings reports” will become second nature.

2. JustETF — Find the Best Investments for Beginners

ETFs (Exchange-Traded Funds) are an ideal starting point for new investors.

Why?

Because they offer a basket of similar stocks, providing instant diversification and reduced risk.

JustETF is a treasure trove for anyone exploring this investment option.

Here’s how to use it:

Discover the Right ETFs: Look for ETFs that align with your financial goals and risk tolerance. Use the site to explore the top-performing funds.

Focus on Key Metrics: For each ETF, pay close attention to these five metrics: Total Expense Ratio (TER), performance history, underlying assets, dividend yield, and the fund’s size.

JustETF makes a potentially overwhelming subject approachable.

Start browsing, and you’ll quickly see why ETFs are perfect for beginners.

3. TradingView — Analyze Trends with Ease

Once you’re comfortable with the basics and ETFs, it’s time to step into market analysis.

TradingView is an exceptional tool for exploring market trends and stock patterns, even if you’re new to investing.

Why I recommend TradingView:

Simple Explanations: The platform breaks down complex topics into easy-to-digest lessons.

Explore Charts and Patterns: Use their interactive tools to analyze stock performance and trends over time.

This will give you a deeper understanding of market movements.

The more you practice, the better you’ll get at spotting potential investment opportunities. With time and consistent effort, you’ll develop the confidence to make informed decisions and build a strong foundation for long-term financial success.

So, note down these 3 websites and start your journey to becoming a confident investor:

1. Visit Investopedia to learn the basics and try their portfolio simulator

2. Use JustETF to find ETFs that suit your investing goals

3. Explore TradingView to analyze market trends and deepen your knowledge