Investing 101: 20 Best Resources for Beginner Investors June 21, 2021
At a glance:
- Finding quality and accurate information is essential for all investors.
- Multiple resources are available for you to learn about investing, including written analyses, online courses, podcasts and webinars.
- We curate the best 20 for you, as you start on your journey!
Knowing where to find quality and accurate information is essential for all investors. What are the best resources for beginner investors? How do we know what information to research?
In today’s Investing 101, we share all of our must-have resources for beginner investors.
Before diving into this resource bank, we recommend going through these preliminary questions and tips for new investors. Alright, let’s begin!
5 best resources to sharpen your investor mindset
Previously, we touched on how you can cultivate an investor’s mindset and think like an investor. The following are resources that can train your instincts and help you make better investment decisions.
1. SGX Beginners’ Guide to Investing
New to investing and have no idea where to start? The Singapore Exchange (SGX) has a pool of resources just for you! Read about how to set goals and the main asset classes and enrol in e-Tutorials that teach investment basics!
For all Singapore investors, SGX Beginners’ Guide to Investing also explains the difference between a Central Depository (CDP) account and a trading account before providing you with a list of local brokers.
2. Investopedia’s Stock Research series
Investopedia’s Stock Research series walks you through the basics of analysing stocks and company financials. While it is not as rigorous as the training professional analysts undergo, Investopedia’s guide should be sufficient to lay the groundwork for you to understand financial and technical analysis.
3. Follow The Woke Salaryman on Instagram
Do you find financial jargon daunting? If so, The Woke Salaryman simplifies investment tips for the general audience and is suitable for beginner investors. These tips are conveyed through light-hearted cartoons and comic strips on Instagram and are perfect for visual learners. Visit The Woke Salaryman’s website if you are interested in the written content that inspires these graphics!
4. Investing 101 articles from other online publications
As much as we try to cover everything in our Investing 101 series, there is more to learn and prepare for the road ahead. So, why limit yourself? We mentioned that you should refer to multiple opinions and we mean it!
Unsure where to start? We recommend the following:
- Seedly’s Ultimate Personal Finance Guide to Investing in Singapore is localised and perfect for investors based in Singapore. Besides stock trading, Seedly also delves into topics such as Singapore Savings Bonds.
- Dollars and Sense Investing 101 series offers localised content such as the CPF Investment Scheme and local broker guides.
5. Investment courses by CyberQuote
Does self-learning work for you? Or do you prefer more structured and professional guidance from experts? CyberQuote offers courses on how to invest and accumulate wealth for retirement, stock trading strategies and even technical analysis for beginners.
Held back by the cost of online courses? Fortunately, most of these courses are eligible for SkillsFuture credits! If you are still considering how to spend your credits, why not check out CyberQuote’s course catalogue and register for the courses that interest you?
10 best resources for beginner investors to keep abreast of current affairs
We’ve said it before and we will say it again. As an investor, you should be aware of global trends and government policies. Even if you plan to invest locally, no country is completely isolated from the rest of the world. Events in other countries can affect local companies and asset prices! Here, we share some of our favourite news sources across mediums.
1. Financial news websites and apps
Check out these websites and news sources if you want to keep up with current affairs. As these resources have a business and finance slant, they should be highly relevant to investors.
Even if you do not have the time to follow these news sources closely, we recommend that you download their apps on your phone. The apps will send you push notifications with the latest financial headlines. Sometimes, headlines alone can give you a broad sense of market conditions!
Did you know that the POEMS app also alerts you when we are near important events such as earnings announcements? Find out how you can open an account and start trading with POEMS here!
2. Wall Street Journal What’s News podcasts
If you are interested in the latest business news and policy updates in the US, this podcast is the one for you. Listen to the Wall Street Journal What’s News podcasts while sipping your morning coffee or on your commute to work. Each podcast is only 10-15 minutes long and is designed to get you up to speed on the latest business news. The best part? The podcasts have both A.M. and P.M. editions to give you the latest news before the market opens and closes!
3. Money FM 89.3 podcasts and radio shows
US markets do not interest you at this point? Money FM 89.3 is a Singapore radio station that discusses local business and personal finance topics. Singapore investors will learn the latest financial news from government relief packages to BTOs and real-estate prices.
4. Money Mind by Channel News Asia
Besides local podcasts, you may want to watch investment-related videos produced by Channel News Asia’s Money Mind. These videos deliver key points within 5-7 minutes and are less time-consuming. Learn about local tech mergers, industry outlooks and trending issues such as sustainability and digital art. The next time you surf YouTube videos, why not challenge yourself to watch an episode of Money Mind?
5. Morning Brew’s daily email newsletter
Morning Brew’s newsletter is a financial and business newsletter that delivers 5-minute reads six days a week from Mondays to Saturdays. Each newsletter summarises the top stories of the day before ending off with a list of recommended reads from other websites. For visual learners, this newsletter also features memes and other graphics that illustrate key concepts in investment and finance.
6. Feedly content aggregator
At this point, you may feel overwhelmed by the resources suggested in this article. Well, there is an easy way for you to follow all the updates from your selected websites.
Feedly is a free content aggregator that pools information and updates your reading list whenever new content is published. With Feedly, you no longer have to check multiple sources for the latest news!
Check out these five resources for the latest stock movements, financial chatter and technical analysis
Now that you know where to stay updated, we introduce you to resources that specialise in investments.
1. StocksBNB – technical analysis and research by licensed dealers
StocksBNB features research articles and in-depth technical analysis by licensed dealers. These reports could be specific to a company or they could address an industry. If you require in-depth professional analysis of your investments — such as PropNex, CapitaLand, ComfortDelgro among many others — StocksBNB is the resource for you. What’s more, StocksBNB covers a range of markets including Singapore, Hong Kong, China, Indonesia and the US.
2. Morning Star
Morning Star offers company analysis and stock ratings to paid subscribers. Not only does it cater to seasoned investors, this online publication also teaches general readers how to manage their finances and save for college and retirement. There is something for everyone regardless of their level of knowledge.
Give Morning Star’s 14-day free trial a try to see if the subscription is value-for-money!
3. POEMS Market Journal – investment articles for everyone!
If you are only just starting to invest, you probably do not have the budget for premium subscriptions.
Want access to technical and stock analysis for FREE? POEMS Market Journal publishes investment articles that cater to a general audience. Its content includes monthly reports on the top US stocks complete with charts, the latest corporate developments and a brief technical analysis of each stock. Alternatively, you can learn about upcoming IPOs of Grab, Trip.com etc. and other asset classes such as gold, ETFs and CFDs.
4. Phillip Securities Weekly Market Calls and other webinars
Phillip Securities regularly runs live webinars that are open to everyone. For those who are unable to tune in, a recording of each is usually uploaded to YouTube.
One of the most popular webinar series to look out for is Market Watch. These weekly webinars cover markets in the US, Singapore, China and more. For an idea of what to expect, the video below is a recorded webinar that draws your focus to a few stocks to watch for that week.
Sign up for a webinar that interests you here and come prepared with questions for the presenters!
5. Global Markets Investing Community Telegram chat – network of like-minded investors!
Finally, join the Global Markets Investing Community Telegram chat where investors share their thoughts on market trends and other investment topics. Worried about changes in markets halfway around the globe while you are asleep? Community members receive daily recaps of US markets on weekday mornings! These updates are especially useful for investors who live in opposite time zones to the US.
Summary of Investing 101 (Part 2): 20 best resources for beginner investors
To recap, the following are the resources we recommend for new and seasoned investors alike:
1. SGX Beginners’ Guide to Investing
2. Investopedia’s Stock Research series
3. The Woke Salaryman on Instagram
4. Investing 101 articles from Seedly and Dollars and Sense
5. Investment courses by CyberQuote
8. Financial Times
9. Yahoo Finance
10. Wall Street Journal
11. Wall Street Journal What’s News podcasts
12. Money FM 89.3 podcasts and radio shows
13. Money Mind videos by Channel News Asia
14. Morning Brew’s daily email newsletter
15. Feedly content aggregator
17. Morning Star
18. POEMS Market Journal
19. Phillip Securities Weekly Market Calls and other webinars
20. Global Markets Investing Community Telegram chat
This list is not exhaustive. There are more websites, podcasts, publications, webinars and social-media accounts that are just as useful for first-time investors.
Before we move on to the next part of Investing 101, we suggest browsing through some of these resources and bookmarking any of relevance to you.
Eager to start investing? You may want to start by opening a POEMS account or speak to one of our licensed representatives. Alternatively, join our Global Markets Investment Community Telegram chat to share your thoughts with us and like-minded investors!
About the author
Ng Ming Qian (Intern) & Joel Lim (ETF Specialist)
Ming Qian is an intern from the Global Markets Desk at Phillip Securities and an Economics Undergraduate at the National University of Singapore. Outside of school, Ming Qian hustles as a freelance writer and blogger who simplifies complex topics for readers. When he is not writing or buried in his books, you can probably find him tending to his aroid plants or bingeing on Grey’s Anatomy.
Joel is the ETF Specialist from the ETF desk in Phillip Securities. He helps to provide sales support and trading ideas to retail investors, remisiers, in-house dealers, and fund managers. Joel also works closely with ETF issuers on new product and business development projects.