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The Nuts and Bolts of Self-Directed Investing
Rating: 5.0 out of 5(8 ratings)
1,010 students

The Nuts and Bolts of Self-Directed Investing

Discussing 2008, Gamestop, Cryptocurrencies & Options on a Journey towards Learning how to Invest, Simply, By Yourself.
Created byMark Gawley
Last updated 12/2023
English

What you'll learn

  • Create an investment plan and execute effectively
  • Identify market opportunities and timing of your investments
  • Understand the history of the stock market
  • Complex Subjects: Dabbling with Crypto and Options Trading
  • Did I mention the '08 Financial Crisis and Gamestop? We're going to discuss it!

Course content

5 sections • 19 lectures • 6h 2m total length

  • An Overview of a Plethora of Asset Classes19:45

    With any great lesson plan, our knowledge must start at the beginning, the fundamentals. During this lecture, we will dive into the basic characteristics of stocks, bonds, currency and commodities and when to hold each of them in your portfolio.

  • Broadly Diversify into Mutual Funds and Exchange Traded Funds17:44

    A discussion of how those assets - the stocks, bonds, currencies, and commodities - are built into mutual funds and ETFs, the pros/cons of each, and the reasons to remain properly diversified

  • Opening your Own Offshore Tax Haven Account19:05

    This is all about tax avoidance, not tax evasion, a discussion of where to house your investments and all the boring finance acronyms - RRSP, RDSP, RESP, and the rebel that is bucking the R_SP trend: the tax free savings account.

  • Assets, Products and Accounts

Requirements

  • No financial background necessary.

Description

It's 3 pm on a February afternoon and your bank calls you, "Have you made your RRSP contribution for the year? Mr. Smith, I'd like to help you earn 10 %/year and reduce your taxes by opening a new account. Can I book you in for an appointment next Monday?"

I've made that phone call before; I understand your hesitations - maybe you think these returns aren't realistic, the fees are too high, you wonder if I have a conflict of interest, I can't possibly understand your situation - and it all seems too complicated and stressful.

Forget about the banks managing your money - you can do it better yourself.

That's where this course comes in.

During this course, we will begin a journey learning all the basics and more about finance from the assets and products (stocks, bonds, mutual funds) to the accounts (TFSA, RRSP, RESP, etc.) towards opening your first brokerage account and finally feeling confident developing an investment plan and following through on it day in and day out.

What I hope you gain from this course is an excellent understanding of how to invest by yourself, understand the role that finance plays in the world, and develop the confidence to develop a plan and stick with it.

In addition, we're going to get excited about finance and you will learn how to engage in some intelligent discussions with your friends about stocks, crypto, options trading, gamestop, the 2008 financial crisis, developing an opinion on the Central Bank and the State of the Economy and so forth.

It will be fun, I promise, and the investment you make in continuous learning is the best you will ever make.

Taking this course will also pay you dividends for years to come!

By investing by yourself and not through a bank, you will have access to vast investment opportunities at lower fees, easily amounting to a 2% annual difference, which can translate to tens of thousands of dollars over your lifetime.

If you've made it this far, don't hesitate, sign up today and let's begin!

Who this course is for:

  • Beginning Finance Professional that wants to gain a more nuanced understanding of the discipline
  • Anyone that wants to take control of their own financial planning

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