In this video, I’m going to give you 7 things you need to know to start investing as a beginner.

Only two things we are going to be focusing on: Accounting and finance
Talk about the Sec website and investing relations and earnings calls

1. Yahoo Finance

– Yahoo finance is a pretty solid website to look for public companies and to start researching them
– Financial statements, basic info on the company, what analyst think about the company – and even insider trading which could show you some patterns
– But the point is, you want to learn all the information you can about the company.

2. SEC website: 10k form, 10q form and s-1 form
– And the SEC basically help regulate the stock market to avoid fraud and so on

For example, here are 3 core documents you need to know about
– S-1 Form: when a company plans on going public they have to file this document
– Tell you about the competition, the risk to the business, potential legal issues (it’s one of the most important documents )

– 10-k form: And it’s basically a simple but long summary of a company financial performance and they have to file it every year. ( this will tell you almost everything about the companies performance.)
– even how much they pay management

– 10-Q form: this document Is filed every quarter and tell you if a company has been buying other companies
– As a company grows, its growth slows down, so something to artificially make the company look like its growing, it basically buys other companies.

3. Investor relations: earnings reports, annual reports
– It’s another resource that companies provide on their website
– That way you can easily navigate it and get all the information you need
– From the financial report, to meet, and even live videos

To find this:
– Just type in the name of the company and also investor relations
– And their website should pop up
– Every website will be different, some will be modern and others will be older ( but focus on the numbers and not how pretty things look)

4. Income statement

Basic Idea:
– It shows you the total revenue, COGS, and also the expenses of the company
– You can see quarterly income statement or annual ones, usually, you want to see quarterly income statements
– That you can figure out patterns and if the company is seasonal or not.

Tip: you’re going to have to learn a few terms GAAP, Non-GAAP, and also EBITDA (a good way to figure out company actual earning before all the noncash deductions)

5. Balance Sheet ( is pretty simply)
– is basically where you find out what a company owns
– also what it owes
– and also its shareholder equity ( the amount of money we as investor gave them, but it also includes a few other items )

The Basic Idea:
– you’re going to see the companies long term and short assets ( things that can be turned into cash quickly )
– Long term and short term debt
– And also even how much cash the company has on hand currently

6. Cash flow statement
– Is a combination of the income statement and balance sheet
– And it’s going to paint you an accurate picture of how much money the company actually has in cash
– Because income is not cash ( if you haven’t really received it )

So the idea is:
– So the idea is that by doing the cash flow statement
– You’re going to see the cash flow from operating the business, from investing and also from finance
– Its sounds complicated but it’ll connect with the income statement and balance sheet

7. Target price: by creating a financial model based on the financial statements
– and that’s the price you set based on the companies projected EARNINGS

But again Overall:
– all this is just basic information you need to learn about to understand how to analyze a company.
– The resources for research, accounting to look at the current health of the company, and target price to set your own price based on research and invest in the company.

Course: https://bit.ly/StockCourse101

* PRO TIP*
INFORMATION IS EVERYTHING

????Merch????
https://teespring.com/stores/tommybryson

✅2 FREE AUDIOBOOKS✅
https://amzn.to/2Enayo8¬¬¬

????ACORN FREE $5????
Link: https://acorns.com/invite/38EYSU

????????‍????DISCORD PRIVATE GROUP????????‍????
https://discord.gg/EcZEHpA

✔ Help Us Reach 250,000 Subscribers: https://goo.gl/0wvm6w

????All My Social Media????
Link: https://linktr.ee/tommybryson

*Some of the links and other products that appear on this video are from companies in which Tommy Bryson will earn an affiliate commission or referral bonus. Tommy Bryson is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. I’m an Accountant but I’m not your Accountant, always review information with your Accountant/CPA and your Financial Advisor.

source