QUICK TIP - Accounting is the language of finance

QUICK TIP - Accounting is the language of finance

Ethan Widell is an Investment Analyst at IronHold Capital. In this quick tip Ethan talks about his passion for reading financial reports. It's important for beginners to understand the level of research required to make informed decisions when investing in companies. Otherwise you may consider index ETFs for the long term. Ethan suggests learning about compounding rather than get rich quick approach, which often ends in tears. He also suggests continual reading and learning. Some authors he likes include Joel Greenblatt, Richard Thaler, Warren Buffett newsletters and Peter Lynch.

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/stocksforbeginners

Disclosure: The links provided are affiliate links. I will be paid a commission if you use this 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.

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