Ep.234: Top Investing Tips For Beginners The Leadership Stack Podcast

Sean: We have a question from Myrose. Which one would you recommend for a first time stock investor?


Marvin: I won’t buy any of that. That’s true. People need to understand this, that in the world of investing, you invest in where you are confident already. And when you're asking that question, it also means that you also need to have more research. And if we answer that, they might do, “Oh, Sean and Marvin said this, we should buy this”, not knowing that that may be based on your certain conviction.


Please remember that in the world of investing, when you are starting, it will always be based on your competence. And my suggestion is, if you're looking at all of them, then invest in all of them. Try it all. And then what works for you, you put most of your capital there. But if you're asking me right now, if I'm going to invest in any of them, I won't invest in any of them because I'll buy the individual stocks instead of the ETF. I know nothing about what’s in it. So what I will do, just looking at those names, I would have to research first what’s in it because not knowing its content, it's just like putting a dart. So maybe you, knowing the connected sectors here, but I will also search for what they hold.


Let me give an example. I made a video on TikTok a few days ago about GInvest. GInvest has a global portfolio. So they have a consumer, it’s separated. I will really look for its content. So I saw that it includes Samsung, it includes Apple, it includes Microsoft, and you’ll know that this is okay. It’s not just about knowing the names of the fund, but it's knowing what’s included in the fund. Because knowing what’s in the fund, in my opinion, you still need to study if it’s okay that you want to invest in there.


But if the question is, what is allowed if you are just starting? Try everything, try everything. I started 2018 in Bitcoin but I think I’m very, very, very, very new still. So everything that can be tried, can be done in Cryptocurrency space, I try to do it. So it is fine for me to make mistakes, it’s fine for me to lose some, it’s fine if it will underperform, because my goal is to learn. So if I learn it, and then by the time, 2, 3, 4 years down the line, I get better at it also, that's when I will reap the benefits of it. But if I earn in two months, in three months, that will be a bonus for me. If I earn this week, that’s a bonus for me, but that's not my chief motivation for doing it.


So when you start practicing it and when you start trying it, from there, you will figure out if this is the fund that you should focus on. That’s when the competence also starts to build in. I'll give you a perspective. There’s a lot who jump from no background in investing, they go straight to the cryptocurrency market, which is not wrong. As for me, my background is really a stock market trader and trained in the cryptocurrency market, which is also not wrong. The way I'm analyzing things is I'm using my background in the stock market. And the things I learned like I should not buy the things that I don’t know. That what I should buy should be based on something that at least has fundamentals also.


The chart in the US market, in the Philippine market, and in a Crypto market almost looks the same. So with the difference that there is more volume and volatility in the crypto market, but the same tools that you have MACD, Moving Average, Candlesticks, Support and Resistance, analyzing the trend are pretty much still there, so I still have it with me. And if a Cryptocurrency drops, it's not something that I am scared of. It's not something that rattles me because I've built that experience also through the years. So I think that's one thing that in terms of an edge I've built through the years, because I obtained how I get past the volatility.


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