Forum Topics Benefits of Premium Membership- for me
raymon68
Added 5 years ago

Investing difficult to teach. ( respectively referring to Pudawocky post )

Like how to teach the essential idea of an asset to start with. Work Save and Invest.

Could be like driving a car for the first time:

You know, adjust the rear view mirror ( is like why did i Buy this Share )

Adjust the seat height so you can see over the dash and look through the windscreen ( Adjust your vision for stock selection )

so keep yahh car on the road....and a power out of the corner..

rant over and out...

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Pudawocky
Added 5 years ago

When I joined Strawman Premium I wasn't sure what to expect.  I had started a profile a while ago but didn't really engage with it until Andrew The Strawman Page joined/rejoined the MF Money podcast.  I started investing in April 2020 and wasn't sure what I could contribute to Premium given my lack of experience.

What I have found is that to contribute via a straw for example, I can't bring myself to just add a company report or announcement.  I take the time to read and digest the information so that I can add some commentary, some meaningful comments (hopefully) or highlights. 
For me this is invaluable, I'm not just skimming through the pretty graphs and being impressed by sales and marketing content.  This is something most others seem to do as well and it really does help me reading those reports and announcements.  I find greater insight and would like to think that over time my straws will also offer more.

It's too early to tell if I will find the next ProMedicus here but you never know.  I missed the PME boat *sigh*.  If I don't, it's ok, I am becoming a better investor by being here.

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CHill
Added 5 years ago

One of the main drivers for me joining Strawman was the great community of likeminded investors here. Where else can you go to share your thoughts/thesis on a company and have people respectfully go back and forth with you, sharing ideas and comments. Strawman also helps me stay accountable. It forces me to further understand a business so I don’t look like a fool when I share my thesis on the page.

When I first started investing in 2016 I new nothing, I just took some spare cash and threw it at an idea thinking I was "Investing". I would buy based on opinion based articles I read online & thought that was research. In my first year of investing I did really well (Lithium Boom) and thought to myself "how easy is this". The next few years weren’t so great (Lithium Bust). I bought a few small speccy stocks that went down and down and down. Over the last 24+ months I've been really focussed on educating myself, reading, writing & watching videos. Learning how to read and understand the 3 key financial statements, how to value a company & more importantly thinking about the growth drivers of companies. I bought a number of larger cap stocks as I begun to understand more and more as I perceived this to be the "safer" side of the market. What I've grown to understand & believe is that this isn’t always the case. Small caps don’t have to be unprofitable and loss making businesses. The smaller side of the market can actually swing the odds in your favour as the bigger side of town simply cant play in this space due to liquidity or even rules around their investable world.

Strawman has been incredibly valuable in generating ideas for me to look into and research. Although my Strawman PF doesn’t align with my RL PF at this stage due to previous holdings & some larger caps that I hold in RL to provide a bit more stability I believe most my new additions will align closer.

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