The Study Phase

Now that we have passed our budget phase and are saving money, it is time to begin studying. We will buy stock eventually, but first we must study so that we can pick wisely. Try to master all of these materials - it does you no good to simply read the material without learning it. I will be creating worksheets and sample tests that you can use to practice and learn this material.

The first book we are going to read on stock investment is Security Analysis, 1951 Edition by Benjamin Graham. This book is largely renowned as the bible of stock investment. Pick up a copy of this book as soon as you can. At first glance, it looks like a nightmare. This book is, in some sense, a nightmare. It is thick, long, and dense. But, this book will be our most valuable source when it comes to picking stocks.

We will master this book.

In between chapters, I will continue to post on a variety of topics.