[EP. 33] - Investing 101: What I wish I knew when I started!
Welcome to the Newcomer Investor Channel! The overarching goal for this channel is to share insights, learn from each other, chat about the beauty of investing and foster healthy debate by sharing various viewpoints. NOTE: This podcast should NOT be taken as financial advice, and is for entertainment purposes only. Connect on Twitter: https://twitter.com/NewcomerInvest Subscribe on Youtube: https://www.youtube.com/channel/UCbj1hYaUwwvjBFqvl-IVfQw Email me at iamthenewcomerinvestor@gmail.com TIMESTAMPS (0:00) - Intro (1:50) - What is investing? (3:02) - Trading vs Long Term Investing (4:00) - You are buying a business (4:34) - Example with TD Bank: ownership, shares, market capitalization (7:03) - How to know if a business is doing well? (7:45) - Revenue (9:14) - Net Income and Earnings Per Share (EPS) (11:25) - Free Cash Flow (FCF) (13:34) - Free Cash Flow —> Flexibility for the business (14:16) - Balance Sheet: Assets, Cash, Liabilities, Long Term Debt (with Microsoft) (16:15) - Debt & Interest Rates (17:42) - Qualitative metrics: Moat, Brand Power (20:26) - When should we buy? Dollar-Cost-Averaging vs Market Timing (23:00) - Price to Earnings Ratio (PE) (26:08) - Dividends (29:24) - Dividend Yield (30:26) - Yield on Cost (31:47) - Common dividend yield mistake (34:00) - My 3 dividend cuts: A&W, Riocan, Algonquin Power (35:07) - How to know if your dividend is “safe”? Payout Ratio & FCF (37:16) - Stock buybacks (40:18) - Share dilution (42:06) - Types of investing accounts: TFSA, RRSP, Non-Registered (42:48) - TFSA (44:16) - RRSP (46:22) - Non-Registered Account (49:23) - Choosing your brokerage account (50:18) - Questrade (52:26) - Wealthsimple (54:18) - Outro