My Problem: I do not know how to invest properly (Part 0)
I’ve heard on a podcast I enjoy (EconTalk) that “whatever you did or graduated with in college is your favorite way of looking at the world.” That being said, as an accountant, all I think about are ways to manipulate numbers and what incentives are present in everything. My professional skepticism (as it’s called) is set off ad infinitum by the constant advice that investing is easy or one should just use the vehicles in place created by the experts. As a zoomer (Gen Z), I am absolutely sick of being told to “trust the experts”. In short: I don’t believe investing is easy. I don’t think it’s all luck. And I don’t have a definitive plan with answers. But I do have an idea on how to start. My idea is three pronged: Read a series of books to establish and refine my Investing Philosophy, Make five stock selections in a new industry/sector every fortnight, and Check-back in after one year for each set of investments and learn what I did that worked and what did not. I started like ...