Author Topic: Investment workshop  (Read 5045 times)

hilgardvr

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Investment workshop
« on: April 29, 2016, 02:20:10 pm »
Hi guys,

I am looking for some feedback from some of the experienced members and investors here. Family and friends have been asking me to show them how to invest so now I am looking at hosting investment (not trading) workshops as a sideline project(I am a professional accountant & lifelong investor), basically showing people new to the stock market how to invest and getting them comfortable with the market and stocks.

We are not sure into how much detail to go, i.e. initially I thought about including value metrics like price/earning, return on equity, leverage measures, book value etc. But after a few sessions and considering it, it seems better to keep the focus on etf's, without going into all the detail of all these metrics as they can become quite overwhelming for new investors(even many experienced investors don't know/understand these).

Also, do you guys think there is a demand for this type of service, and where do we find interested people?

jaDEB

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Re: Investment workshop
« Reply #1 on: May 03, 2016, 08:21:14 am »
I have found that people tend to show interest, you make time for them. Then nothing, they would rather spend the money on other stuff than actually invest. If someone says to me they would like to learn, I tell them put money in a broker account then talk to me, that usually never happens. I do not waste my time anymore, would rather spend my time on my own portfolio and market research.
jaDEB

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hilgardvr

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Re: Investment workshop
« Reply #2 on: May 03, 2016, 05:26:47 pm »
Thanks, I am starting to think along the same lines.... maybe this thing won't fly.

conradl

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Re: Investment workshop
« Reply #3 on: May 04, 2016, 09:43:43 am »
I have found that people tend to show interest, you make time for them. Then nothing, they would rather spend the money on other stuff than actually invest. If someone says to me they would like to learn, I tell them put money in a broker account then talk to me, that usually never happens. I do not waste my time anymore, would rather spend my time on my own portfolio and market research.

I've had the exact same experience as jaDEB. Young people show interest but when push comes to shove they just continue along their current path. If they ask, I'll tell them what I think and give some advice and then I adopt the attitude of Use it, don't use it, and ironically enough many many times they don't use it. To their own detriment I say.

rjthomas

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Re: Investment workshop
« Reply #4 on: May 17, 2016, 03:42:48 am »
There's two ways I would "teach" investment workshops:
  • Start blogging and allow people to find you
  • Tell your family to sign-up for a demo account on Easy Equities

Once they have signed-up to Easy Equities invite them to your house once a week for a discussion. They can learn by themselves reading this forum, Moneyweb, BizNews or Easy Equities Blog.
South African working in China since 2012

proode

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Re: Investment workshop
« Reply #5 on: June 08, 2016, 04:15:19 pm »
Im not an experienced investor but have been dabbling with trading. Its now recently that I strated to reconcider my approach, guess Im older and wiser.

I think its a good idea you have, but have you considered to invest onbehalf of them. Just like you have computer boffens and greate motorcar mechanics you'll find people who do finances like you. What your family and friends propably need is you to invest on behalf of them and save them the teething time I had to pay for, before realizing I should not to charts, but rather businesses.

Hope this helps


gcr

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Re: Investment workshop
« Reply #6 on: June 08, 2016, 10:03:57 pm »
If the objective of those people who want to learn about investing is to create wealth over a long period then that's how you should structure your talks/exercises. If the objective is quick and flashy returns then teach them how to trade - and warn them that at least 70% of all traders fail.
Most of the transactions are conducted over the JSE read up on their offerings, Simon Brown runs his Power Hour in Joburg, Durban and Cape Town plus there are webinars, he also has a website Just One Lap - use what's out there don't reinvent the wheel. Some of the Banks run client/sponsor interactive sessions - get invites to these.
The important issue with investing directly on the stock exchange is read as much as possible, many will advocate Benjamin Graham as an almost set book - I found it boring to the nth degree
If you want to teach people how to invest then be honest, by which I mean relate you own good and bad experiences, after all investing in the exchange is all about how you learnt yourself, how you got your fingers burnt and what your winners were/are.
On the question of investing for other parties in your own name - make sure that these trusting people can get their money back i.e. insure against losses and ensure your will reflects that you owe sums of money/shares to individuals
Not everything that counts, can be counted, and, not everything that can be counted counts - Albert Einstein