475- Expert Help

Published: July 24, 2024, 11:33 a.m.

When you're trying to learn about an unfamiliar industry as part of your investing process, expert networks can be an incredibly helpful tool for getting started. These networks offer the opportunity to connect with people who have deep knowledge and experience in the industry, providing valuable insights into market trends and key players.\n\nHowever, you're not guaranteed to get completely reliable or unbiased information, so it's important to stay prudent and do your own research to make well-informed investment decisions.\xa0The knowledge and advice coming from the person you speak to can depend on the caliber of vetting taking place or the hourly rate you\u2019ll be asked to pay, so the value of these networks will change depending on the specifics of your own investing goals.\n\nListen in as Phil and Danielle discuss the merits and drawbacks of these networks, who they might be best suited to help, and where they\u2019ll be taking this conversation in the weeks to come.\n\nTo get some expert help directly from Rule #1, make sure to grab your free copy of How to Pick Stocks: The 5-Step Checklist:\xa0https://bit.ly/3ros8mU\n\nTopics Discussed:\n\nMicro-cap companies\n\nExpert networks\n\nManipulating financial statements\n\n\nResources Discussed:\n\nSBA SCORE network\n\nTEGUS\n\nKnowledge Ridge\n\nDamodaran on Valuation\n\nUnderstanding Financial Statements\n\nFinancial Intelligence\n\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices