Dr. Ott
Personal Finance
9 January 2020
Personal Finance - Thursday
Today we talked about fundamental and technical analysis around stocks. Although, what is technical and fundamental analysis? Well, this type of analysis is used to look at stocks if one is deciding on buying one. With fundamental analysis, one is looking at the company as a whole, the financial statements, and basically doing valuation of the stock. With the financial statements, one is trying to look at book value per share, working capital, earnings per share, dividends, operating income, and net income. This is to make sure that the company is hopefully making a profit every year. Not just that, but also showing if one is going to have dividends or not as living off dividends could be an investing strategy. The next thing one is looking at is the company as a whole, which includes all of the news that is occurring around this company at the time. Are there big deals coming up, are people being fired, and what events might affect the price of the stock? Now for technical analysis, one is actually looking at the numbers of the stock itself. One is essentially finding a strategy with making predictions on the stock they want to buy. After the morning, we did a seminar on the spending lesson in Why Didn't They Teach Me This in School. In the spending lesson, we talked about spending one's money right without wasting it. Always ask for bargains, check your bills, and don't spend on the latest trends. Keeping these simple tips in your mind will help save a lot of money. We then watched Trading Places, which was about two guys that entirely switched their lives. This was because two old wealthy men made a bet that they could make a man living on the streets become an investor and investor become a man living on the streets. These two guys realized what was going on and decided to take all the money from these old wealthy men. Overall, today was a really interesting day and I am excited to learn about what is to come later in the week.
No comments:
Post a Comment