So many people have been hindered from getting into investing for various reasons. One of the most common reasons why people never bother to get started is because they are not sure of how to go about it and how they can receive guidance.
This is why we decided to interview one of the top players in the investment industry and this is none other than Roger Scott, the Head Trader at WealthPress. Roger Scott has over 25 years of experience as a commodity broker and hedge fund trader.
Below, he shares details about getting started with investing with the help of podcasts.
How can you get started with investing without any prior knowledge of it?
Podcasts. Podcasts are a good way to learn about anything! Even the basics of investing. With podcasts, you can learn on the go and they are convenient and easy to consume. Most importantly, it is an innovative way of acquiring valuable information
Despite you being the Head Trader at WealthPress, how have you benefited from listening to podcasts?
I have benefited greatly. The thing about these podcasts is that they explore a variety of topics on investing strategies, news and lots more.
On different occasions, these podcast hosts invite other major players in the investing industry for discussions. No one is an island of their own so no knowledge is wasted.
How effective do you think podcasts are in learning about investing?
Investors naturally have a lot of questions when it comes to the market, taking time out to listen to podcasts that can give you updates, news and tips for free and at your convenience is an opportunity that no one should miss out on. They are very effective.
What podcasts can you suggest?
There are a variety of podcasts out there but some particular ones that I can recommend include:
1. The Investing for Beginners Podcast- Your Path to Financial Freedom
This Podcast is hosted By Andrew Sather and Dave Ahern and it is Stock Market Guide to Buying Stocks. Here, they help to simplify the difficult stock market.
With lessons from proven techniques like value investing and dividend growth investing, as well as a few parts of growth investing and trend following, they will show you how to profit from market emotions.
This podcast is hosted by Co-hosts Joe Saul-Sehy and OG (aka The Other Guy, who in reality is well-known financial advisor Josh Bannerman. They are experienced financial professionals who are on a mission to take investing knowledge and financial literacy to the masses.
This podcast is for young people interested in learning about investing. It’s a platform dedicated to teaching college students and new graduates about the principles of investing and wealth accumulation. It is hosted by Robert Farrington.
Besides podcasts, what other ways can beginners learn about investing?
Books! Before the advent of podcasts, books were the old-fashioned way to learn. There are a plethora of books that provide additional knowledge on the basics of investing.
Backing up learning through podcasts with reading books will be very beneficial.