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CAN YOU LEARN ANYTHING FROM A GAS MAN THAT LOVES INVESTING?

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Commercial Gas Engineer

I'm sharing something I've found useful but a few things will hold the audience back and it's probably for the best to avoid. It's not for everyone.

A.not recognising what's valuable information from what's rubbish. Many people don't know how to discern valuable video information on YouTube or what's a waste of time.

B.investing is not for everyone. It can be very stressful and time consuming. Takes much discipline. Unless you have a passion for it and the free time to do homework it's not easy. It's not a get rich quick thing.

C.requires funds from disposal income, which is hard to come by without getting oneself into debt. So basically some serious financial management skills are required.

D.many do not know the difference between risky investing (basically gambling) day trading, without the correct training, mentoring or technology in volatile assets like crypto.

From long term value investing (buying a very small portion of a good balance sheet company) at a fair price and holding for 510 years.

Step 1
Start with a dummy account with no money in it to practice and seek advice from a financial advisor. Remember I'm not one.

Also remember investing is your own responsibility and that you can lose your money.

Just because I've been successful in the market at the moment doesn't mean that you will be.

Try to never invest more than 10% of your total savings into 1 investment.

Also try to not be in one sector of the market like technology. Spread your risk.

Write your plans down and run your decisions by a critical soul mate before you invest.

Write down the plans of an investment with pros and cons.

If you're still interested after all of the above go to step 2.

Step 2
Go to finviz and type in what companies financials you are looking to expect

For example
Large cap 10 billion to 200
Net profit 20%
PE ratio under 20%
LT debt ratio under 1
Return on equity 20%
Under 200 SMA

Step 3
Once you find a list of companies download the app simply wall street or go to their website.

Then search for the companies in the list yet do not scroll down the page or select anything otherwise you will be asked to sign up for subscription.

Step 4
Once you find the company you have got from your finviz stock screener write down the points given.

Value is very important as it tells you if it's overpriced according to simply wallstreet. In my opinion it's quite accurate. So 5 or 6 is a good buy for the price. Remember that the numbers change regularly and are not concrete.

Step 5
Click the data button to turn the graph into numbers.

Once you have all your numbers written down.
Example:
Alphabet
GOOGL
Value 6/6
Future growth 3/6
Past performance 6/6
Financial health 5/6
Dividends 0/6. (In this case they don't provide a dividend)

I personally add 2 points for each reward.

I subtract 3 point for any risk found.

So in the end here is the current calculation for google before the market opens.

V6 + FG3 + PP6 + FH5
10 points for five rewards
0 for zero risks
Total= 30/26

If a company has a dividend it's out of 30.

Then compare them to other companies until you have the highest scored companies on that day.

Step 6
Go to the yahoo finance app or website and search for the same company.

Check in summary of how the company has been down over the last years months weeks days.

Set a 10% alert on the company

Read the latest news on them.

Two good channels that have good analysis videos on big cap companies are everything money and the investor channel.

Look at the analysis page and see what the market analyst's think.

Check out the controversy level and price versus analysts price targets.

Click all sustainability

Check financials
You want a company growing in revenue. Earnings also is great to see growing.

EPS is important that they are meeting or beating their targets.

Step 7
Aim to buy your best find on a day when they have dropped and ideally when the market is having a bad time.

Step 8
Try to open an Isa account with an investment platform where the fees are low but where you are protected by a financial institution where you will receive compensation if the investment company go bust. Like in the uk the FSCS.

Step 9
Add your companies to yahoo finance as it sends alerts. Also put price alerts on or even set up a stop loss to sell if it drops too much if you're not comfortable with it dropping 40% for example. As for me if the business hasn't changed drastically and the company is still growing I'm more likely to buy more as they fall.

Step 10
You can also sell a portion of your gains rather than the entire holding especially if the company becomes overpriced. So you could sell your profits and leave the rest in.

Hope to see a 2040% annual return on your combined investments yet this can vary depending on how good you get and what the market is offering over the years.

Remember, I'm not a financial advisor. Just a plumber winning in the stock market sharing what I do.

posted by Camaiorey3