Coastal Wealth Advisors, LLC is a Registered Investment Advisor in the states of SC, Pennsylvania, and New Jersey. Any mention of Dimensional Fund Advisors is for illustrative and research purposes only. Dimensional Fund Advisors is a Registered Investment Advisor with the SEC and is not associated with Coastal Wealth Advisors, LLC.

Investing involves dangers such as fluctuating value and potential lack of principal value. There is absolutely no guarantee that these strategies will be successful. Diversification neither assures a profit nor guarantees against a loss in a declining market. Past performance is no guarantee of future results. Nothing listed on this website should be construed as specific investment advice; we welcome one to contact us to tailor suggest to your specific finances.

4 Figure out how to look at trading as if you are buying a genuine company not just a “stock”. Some individuals get into trading with the theory they’ll make thousands overnight and everything they see is the ticker symbol. They fail to realize that there is an actual business behind the stock that should be researched and analyzed in order to make an EDUCATED investing decision.

Failing to do your homework can cost you a lot of stress and money. And since we’re on this issue – another valuable lesson I’ve picked up over time is that whenever comes to investing either we generate income or we learn valuable lessons. Is a win gain. 5 If your CORE reason for why you bought a stock changes or if you understand you had the storyplot all incorrect – is alright to release!

Not sure where I heard this a long time ago but it made perfect sense if you ask me: “We make investments to make money never to be ‘right'”. Quite simply, mistakes happen and is way better to acknowledge to yourself that you made an erroneous investing decision and move ahead. Sometimes our ego gets in the way of our profits which is something we can all get better at.

As with everything, this is something that gets better with time. 1. Companies that have a proven track record of profitability. 2. Are unique in the products/services they provide or have hardly any real competition (if any at all). 3. The continuing business model/ way in which the company generates revenue makes perfect sense.

4. Strong brands that are internationally acknowledged and/or have a solid “cult-like” following among consumers often. 5. Have approaches for the near future that are obvious and make sense. 7 Understanding what things to buy is just as important as knowing what to avoid. Staying away from junk stocks (ie: penny stocks, speculation, the “latest fad”) has paid great dividends towards my satisfaction as an investor and has allowed me to concentrate on real, high quality businesses. Learning to identify rubbish and steering clear of it has made all the difference. 8 With regards to the items you’re passionate about / interested in – study from the BEST people you can find.

• Very strong financial modeling/valuation and analytical skills
• Only a 3 months course
• Why should i own these funds? (i.e. owning an emerging-markets account or gold fund)
• Currency motions were highly negative with the NZD and the AUD dropping sharply

Investing is a topic I consider too serious and too important to learn it from just anyone. Because of this – I have made it my mission to get individuals that I consider to be creme of the crop in the trading world. Then i make it my mission to share what I learn with others. Here are some of individuals I consider my trading mentors if they know it or not: Warren Buffett, Peter Lynch, Benjamin Graham, John Bogle,John Templeton, Charlie Munger, and Julie Stav just to name a few.

When I had been in my early 20s working my first corporate job I used to sit down in my own car listening to an trading radio show managed by Julie Stav. The show was completely in Spanish. I could credit Julie for a complete great deal of what I discovered early on. Since those full days, I’ve branched out into other resources to keep up to date with the markets including top investing podcasts. It really is no secret which i am a huge enthusiast of the Motley Fool and I also spend a good amount of time reading Kiplinger Magazine, Money newspaper, and the Wall Street Journal.