I am looking for an online resource to learn finances/economics/investment from the ground up.
I am using those three words because I do not know the difference quite well. The bottom line is that I want to learn how money works, and stop “selling my time for money” (working for some employer). Maybe starting a business, investing in real state, or stock market, maybe another route that I don’t even see…
- I am looking for content ideally free, but good material deserves to be paid too.
- Progressive complexity starting from little or no assumptions: several youtubers have all-over-the-place topics that they comment on, assuming you know what they are talking about.
- Perhaps a book or series of books is the solution to this? Or an online course? But you know, every “money bro” says they have the best book/course ever.
thanks for your comments :)
read Reminiscences of a Stock Operator, before taking youtubers or any other online financial/“investing” advice. was written over 100 years ago and it does better than anything else at providing…perspective…on how our (especially US) markets function
the US financial markets are the wild west, they operate more like a casino than a market, it’s why the rest of the world tolerates our shit…lack of regulation plus a largely under-educated population means the country as a whole serves as easy exit liquidity.
read a variety of books on whatever subject/area of “investing” your interested in, not videos. munger/buffet are good to follow along for most people, and to keep you from the worst gambling pitfalls. anyone selling courses and shit like that is at-best full of themselves (because everyone is a genius in a bull market) or worse a scammer looking for easy marks.
alot of big universities will have free online courses available for all sorts of subjects as well btw.
and last but not least…debt is 100% a trap, it is only when you understand this that debt becomes a tool