339- The Investing Checklist in Real Life
Buying stocks is not something that should be taken lightly. Selecting which companies to buy can make or break you as an investor.\n\nBefore you buy shares in a company, it is essential to thoroughly investigate that company\u2019s mission, management, goals, outlook, and fundamentals.\n\nThink of it this way: you would never buy 100% of a company without thorough due diligence, and, likewise, you shouldn\u2019t buy a small percentage of a company without doing the same.\n\nYou can do your due diligence by using an investing checklist, so you can reduce your risk and maximize your profits over time.\n\nIn this podcast, Phil and Danielle discuss investing using a checklist, and how it oftentimes relates to experiences in the real world.\xa0\n\nDownload my easy-to-use checklist and learn how to apply the Four Ms of investing: https://bit.ly/305Cr1p\n\nTopics discussed in this podcast:\n\nInvesting metaphors\n\nReal-life investing scenarios\n\nHow to pick stocks\n\nThe Four Ms of investing\n\nCompany valuations\n\nUnderstanding companies\xa0\n\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices