Investing your wealth in assets that can potentially turn you a profit is the smarter, less decadent choice compared to buying something you’ll use once and never again. Nice clothes and cars are obviously appealing for a reason, and it’s okay to strive for them.
But if you don’t have the money to spend on these things at the moment, and you’re striving to have a fatter bank, then invest your money instead of spending it.
We’re going to share some free resources that we think can help you learn how to invest smarter and know which opportunities to look out for when scanning for a worthy investment in the market.
1. Investopedia
First off, let’s start with Investopedia. The name says it all. And on that note, if you’re a student who needs to hand in a paper for investing or trading, then you can get help from qualified paper writers at WritePaper for the lowest prices in this market. Moving along, let’s get acquainted with Investopedia.
It was founded in 1999. The staff at Investopedia wanted to simplify financial knowledge and distribute it to its readers to give them the confidence to manage their financial life.
They have millions of readers who tune in to their website and newsletter now, and we believe that they’re one of the most solid resources of financial advice out there.
Just a heads up, they don’t only give advice, news, and information on investing, but they also touch on many other topics concerning finances, businesses, etc.
They’re a part of the DotDash Meredith publishing family, and with 840 contributors, and an experience of 21 years in this business, we definitely think that most of their content is completely reliable and useful.
2. Morning Brew
Morning Brew was made with millennials in mind. They do know how to serve news in the shortest and most concise way. They have the busy professional in mind when writing, evidently. Morning Brew provides the latest news about money and business, and they give tips for your career life.
They provide news from Silicon Valley to the Big Apple. If you want to read info and news on investing with a wittier, more new-generation friendly tone, then Morning Brew is a good alternative to Investopedia in that sense.
Their mission is to inform, empower, and educate, so get informed, empowered, and educated by reading up on your finances today.
3. YouTube
Caution: there are a lot of sensationalistic Youtubers that are sponsored to promote certain stocks, cryptocurrencies, NFT projects, etc., so be wary of any financial advice they might be giving to you.
On the other hand, YouTube is a gold mine of information and free visual education. You can honestly learn a lot of obscure to common topics on YouTube, and we won’t forget to give it credit for that.
There is a lot of trash and pseudo content on YouTube, though. And that’s why it’s important to navigate your way to content that you can actually trust.
This is especially true if you’re using that knowledge for your finances. So, let’s stick to a few rules in order to avoid mistakes:
- Don’t believe everything you see right away. Check facts and what’s behind that information. Find proof they’re telling the truth.
- Check the person who’s propagating the content. Check if they’re legit and get a feel about them through their public domains.
- Research something in-depth after you’ve come to the decision to use that information.
If you can use YouTube in a sensible and smart way, you can seriously extract all the information you need to catapult yourself forward in your financial education. You just need to learn to find the diamonds in the hay since some information can not only be misleading but also destructive.
Learn to filter all that information that’s available to you, and you’re already miles ahead from where you started.
4. Public Figures
Robert Kiyosaki
Robert Kiyosaki is the bestselling author of Rich Dad, Poor Dad, which you’ve probably already heard of or even read. While it’s not the most recent publication, we think it can still be a useful and easy read to learn more about investing and finances in general.
Additionally, you can follow Robert Kiyosaki on his social media to follow his insights on finances.
Andrew Aziz
Andrew Aziz, author of “How To Day Trade For A Living,” was a researcher in a company that went bankrupt, and so he used his research skills to move to the field of day trading.
He sold his book, it became successful, and he raised his net worth to $20 million through day trading. We definitely think Andrew should be on your radar for resources, given his zero-to-hero story.
Now, trading and investing are not the same. Day trading is like investing but on a daily scale, much more stressful, and requires a different decision-making and thinking process.
However, you can still learn a lot by reading Aziz’s book. You can learn how to stake out the best stocks in the market, and you can level up your financial knowledge in general.
Trading and investing, however, are very similar and Andrew mentions some very useful tools that scan the market. Tools that you can evidently use for yourself when investing or trading.
He does mention that these tools are very expensive but offer free scans for his viewers if they join his community or look at his youtube premarket scans called “BearBullTraders.”
Sheldon Evans
Sheldon Evans is a photographer, entrepreneur, and Youtuber that is especially well-versed in investing/trading cryptocurrencies and NFTs. He’s also an influencer in that sector. Sheldon is assumingly making six figures a year now, and he did disclose that he made $750 a day in one of his videos.
Sheldon openly informs his audience that he is sponsored by some of the brands he promotes; however, the majority of his content is straightforward analysis and insights on the best cryptocurrencies and NFT projects to invest in.
He also offers very insightful and good financial advice while providing info on the complex topics of crypto and NFT in a simple way.
Miranda Marquit
Miranda is the website owner of plantingmoneyseeds.com. She gives advice on cultivating wealth. She focuses on generating wealth instead of saving it, and she gives insights and extensive advice and information on investing business and a lot more.
Miranda’s website is super easy to navigate, and she writes in a very clear way, so we definitely recommend reading her content. Apart from investing, she gives advice to business owners and freelancers, and she shares smart finance habits.
Final Thoughts
Investing can be a great way to make passive income if done right, but investing has its risks. Remember that:
- You can lose money in the blink of an eye when investing; however, if you invest in assets that are known to be more stable, like blue-chip stocks, your chances of going bankrupt drop significantly.
- You should not invest money that you can’t afford to lose. This is the first thing you should remember when investing. You should only allocate the money you can actually lose.
- Knowing the right assets to invest in can be tricky, so do a lot of research beforehand.
