Quick Tip - Buying Your First Stock

Quick Tip - Buying Your First Stock

How do you choose your first stock market investment? Doug Morris the CEO of Sharesight offers some tips about making that first stock purchase.


  • Find a company that you know well
  • A well established company that has been around for a long time
  • Have a look at analyst reports of the company and see if they are pointing to a higher price in the future
  • Purchase the minimum amount and never any amount that you can't afford to lose
  • Once you own it read and research everything you can as a way of learning how companies are valued
  • Be prepared for the stock to drop after you purchase it. It will prepare you for losses and handling the psychology of investing
  • Keep learning



Portfolio tracker Sharesight tracks your trades, shows your true performance, and saves you time and money at tax time. Get 4 months free at https://www.sharesight.com/au/sharesforbeginners

Disclosure: The links provided are affiliate links. I will be paid a commission if you use these link to make a purchase. You will also usually receive a discount by using these links/coupon codes. I only recommend products and services that I use and trust myself or where I have interviewed and/or met the founders and have assured myself that they’re offering something of value.


Stocks for Beginners is for information and educational purposes only. It isn’t financial advice, and you shouldn’t buy or sell any investments based on what you’ve heard here. Any opinion or commentary is the view of the speaker only not Stocks for Beginners. This podcast doesn’t replace professional advice regarding your personal financial needs, circumstances or current situation.

Hosted on Acast. See acast.com/privacy for more information.

Episoder(236)

Adam Carroll - The Shred Method | Living your best life with the money you have.

Adam Carroll - The Shred Method | Living your best life with the money you have.

It's one of the oldest questions in investing. Pay off the mortgage first or put your money to work investing. In a rising interest rate environment, it's becoming harder to do one or the other, let a...

8 Feb 202331min

Value Punks | Value investing - not as easy as Warren Buffett makes it seem.

Value Punks | Value investing - not as easy as Warren Buffett makes it seem.

Investment philosophy is always a work in progress. In this episode I was joined by substack authors Daye Deng and Balkar Sivia who have an article titled Memo: Value Investing Revisited - Rethinking ...

1 Feb 202335min

David Sekera - Morningstar | Hello 2023!

David Sekera - Morningstar | Hello 2023!

Inflation, recession, high interest rates, mortgage stress, war and cost-of-living pressures, just some of the cheery headlines that we can look forward to in 2023. Or is the future looking more benig...

24 Jan 202337min

Jeffrey G. Kamys - Investing in Sports Betting

Jeffrey G. Kamys - Investing in Sports Betting

This episode is a repeat from last year as I take a little bit of a break to regroup so I can spearhead the charge into the new year.A federal ban on sports betting was removed in 2018, and there’s be...

16 Jan 202330min

Anthony Trzeciak - Dialect | AI Powered Investment Research

Anthony Trzeciak - Dialect | AI Powered Investment Research

This episode is a repeat from last year as I take a little bit of a break to regroup so I can spearhead the charge into the new year. I thought it was interesting in light of the latest news about Cha...

9 Jan 202329min

Anirban Mahanti - 7investing

Anirban Mahanti - 7investing

Computer networking, data science, and machine learning are at the heart of enterprise software. Anirban Mahanti has serious form in the technology space. Just check out his bio below. This is a far-r...

21 Des 202230min

Bill Keen - Keen on Retirement | Engineering the Second Half of Life

Bill Keen - Keen on Retirement | Engineering the Second Half of Life

Do you ever dream about those golden years, about that time when you won’t have to work for the man, exchanging your labour for pay? But how can you make sure that you have enough money to realize tha...

13 Des 202240min

Dan Passarelli - Market Taker Mentoring | Mapping human behaviour

Dan Passarelli - Market Taker Mentoring | Mapping human behaviour

If you’ve been listening to this show for a while you will notice that I try and give equal time to both sides of the sectarian divide, fundamental and technical analysis. Team fundamental look for th...

6 Des 202232min

Populært innen Business og økonomi

stopp-verden
lydartikler-fra-aftenposten
dine-penger-pengeradet
rss-penger-polser-og-politikk
e24-podden
rss-borsmorgen-okonominyhetene
livet-pa-veien-med-jan-erik-larssen
tid-er-penger-en-podcast-med-peter-warren
pengesnakk
finansredaksjonen
utbytte
pengepodden-2
rss-sunn-okonomi
morgenkaffen-med-finansavisen
lederpodden
stormkast-med-valebrokk-stordalen
liberal-halvtime
rss-markedspuls-2
lederskap-nhhs-podkast-om-ledelse
arcticpodden