AIC strives to give members practical investing knowledge at each meeting. Unfortunately, the limited time we have to meet each semester only allows for so much material to be covered. Despite this, one of the best ways to learn is by discovering ideas and making connections on your own. Although by no means exhaustive, here we've compiled a list of resources to help you along your journey towards becoming a better investor.
Level 1 - Beginner
This list of resources will help newer investors be able to understand the basics of investing.
1) www.investopedia.com - From basic investing tutorials to definitions about complex financial terms, Investopedia is a great resource for any investor. We recommend starting with their Stock Basics Tutorial and opening a trading simulator account to practice before using real money.
2) The Little Book That Still Beats the Market - This book by Joel Greenblatt was written assuming the reader has little to no investing knowledge/experience, but still provides a great actionable strategy based on the principles of value investing. If you're not sure where to start, we recommend this book.
Level 2 - Intermediate
This list of resources is best for those already having a basic understanding of investing. If you know the basics but want to start developing an actionable strategy, give these resources a try.
1) Beating the Street - This book, written by legendary investor Peter Lynch, stresses the importance of investing in what you know. Never invest in any idea you can't illustrate with a crayon.
2) Fidelity Learning Center - With articles, webinars, and video tutorials on hundreds of different topics, this website is an ideal parting point when wanting to learn about a more specific investing element.
3) www.seekingalpha.com - Seeking Alpha is a crowd-sourced website offering stock market insights and financial analysis on almost every publicly traded stock. You can even publish your own content if you're wanting to share your own ideas.
Level 3 - Advanced
This list of resources typically geared towards investors with several years of experience of interest in the financial markets.
1) The Intelligent Investor - Some regard Benjamin Graham's classic 1949 novel as the stock market bible. Because of its length and more technical terminology, this book is a great and proven resource for all "advanced" investors interested in value investing.
2) www.asimplemodel.com - Interested in financial modeling? "A Simple Model" is a free website that exists to make the skill set required to build financial models more accessible.