Finance to-do 101

Finance to-do 101

I created this section for people who want to learn more about finance & investment, but don’t know where to start. This is a good start. From there, you’ll decide where you want to head toward the financial world. Good luck and don’t forget to have fun! 

To-do list:
Education: Get basic finance education
Goal: Build a strong finance vocabulary
Investopedia is your best friend.

Basic Finance concepts:
Time value, NPV, HPR, Market efficiency, Diversification,
CAPM, WACC, IPO, Options, Fama French three factor model
Financial statement, Financial Ratios, Intermarket analysis
Macroeconomic factors, Fiscal and Monetary policy, Interest rate
Major Economic Crisis: e.g.: 2008
Equity (Stock), Fixed income (bond), Derivatives, Exchange rate (FX),
Global Industry Classification Standard (GICS): Fundamental analysis and Technical analysis
Portfolio management: Asset allocation/ Stock picking
Tax shelter

 Books to read:

– Beat the bank – Larry Bates (Cost of mutual funds and self-investing)
– The little book that beats the market – Joel Greenblatt (Value investing)
– The little book of common sense investing – John C. Bogle (Passive investing)
– The neatest little guide to stock market investing – Jason Kelly (General investing)
– The rules of wealth- Richard Templar (Defining wealth)
– The intelligent investor – Benjamin Graham (Value Investing)

Other books to explore:
– Why Stocks Go Up and Down by William H. Pike (Basic knowledge)
– The Motley Fool Investment Guide by David&Tom Gardner (Basic knowledge)
– Thackray’s 2017 Investor’s Guide by Brooke Thackray (Seasonal investing)
– Think and Grow Rich – Napoleon Hill
– Rich Dad Poor Dad: What The Rich Teach Their Kids About Money – That The Poor And Middle Class Do Not!
– How to Make Money in Stocks: A Winning System in Good Times and Bad
– Advisor Seeking Knowledge: A Comprehensive Guide to Succession and Estate Planning by Peter J. Merrick
– Best practices of Elite advisors : The relationship management by Matt Oechsli and Stephen Boswell

Movies to watch:

  • Movies: Margin call, The big Short, Insider Job, Wolf of Wall Street, Money Monster, Tulip Fever, The Founder (Mcdo CEO), Jiro Dreams of Sushi, The Social Network (Facebook), Steve Jobs (2015), Index funds The movie (2018), Wall Street (1987)
  • Drama: Legal High (business law), ZENI NO SENSOU War of money (Shark loan), Rich men poor women (Jdrama on tech startup), 上海女子图鉴 (women in Shanghai),金牌投资人 (Excellent investor)
  • Videos: 
    • Stock investing life buffet:
    • Warren Buffet Secret Millionaire club: SMCKIDS
    • Warren Buffett – HBO Documentary 2017
    • Economic concept review:
    • Economic machine:

News to follow:
Daily: Globe and mail, Bloomberg, Finviz (Futures)
Weekly: The Economist

* Read news without ads

Once in a while look at their “insights” publications or commentaries:  Goldman Sachs, JP Morgan, PWC, Deloitte, KPMG, Ernest & Young, Mckinsey, (Any mutual fund companies you hold), Guide to the Markets (JP Morgan), PWC real estate,

Others: CNN Money, CNBC, Business News Network (BNN), Financial times, Investor business daily, Value line, Morning Star, Wall Street Journal, Barron, Kiplinger, Motley fool, etc.

Finance tools to know:

  • Financial calculator
  • Microsoft Excel (Expert level) + VBA skills
  • Yahoo finance, Bloomberg
  • Morningstar (Mutual funds)
  • Thomson one, Capital IQ
  • Stock simulator
  • Financial modelling
  • Trading view, Stock charts

Other tools recommended by AlphaShadow: 

  • Finviz : Futures and news
  • Simply Wall St: Value investing screening tool
  • Stock Row: quick snapshot information of financial information
  • Tipranks: Analyst recommendations

Things you can do:

  • Pre-interview projects: the idea is to do a project that is related to the position you want to apply for
    • e.g.: You apply for Equity research Financial analyst. You show they how you evaluate a company with a DCF model.
  • Read read read and read more.
  • Bloomberg Market Concepts Certificate
  • Open a TFSA investing account and trade, show your strategy
  • Wallstreet summer program:
  • Wall Street Prep financial modelling (or just watch financial modelling video on YouTube)
  • Join finance association or investment club
  • Trade simulator
  • Trading competition and Investment case competition
  • Do you own Equity research; post blog, etc.
  • Mutual funds research : Morningstar and Globefund
  • Choose market leader for each classification:


CSC: Canadian Securities Course (must get)
CFA: Chartered Financial Analyst
CMT: Chartered Market Technician
CIM: Chartered Investment Manager
CFP: Certified Financial Planner
CPA: Certified Public Accountant
CAIA: Chartered Alternative Investment Analyst  

“There is always something to do. Grow stronger everyday.”