Best Trading Journals for 2022

Trading journals are critical in a trader’s investment journey. It allows traders to organize their thoughts, document progress, establish sustainable trading strategies, and increase chances long-term. This article explains what to look for in a reliable trading journal, why you should use one, how to use one, and the best options on the market.

What Is a Trading Journal, and Why Should You Use One?

A trading journal allows traders to organize their thoughts, document their trades, and outline daily strategies. Brokerage statements provide helpful information, but the data is high-level. 

Best Trading Journals for 2022
Closeup of monitors of computers with charts and graphs used by businessman in office

A trading journal goes deeper by explaining the market conditions, mistakes learned, and other hidden details. A trading journal is also a platform to lay out sustainable investment strategies for the future.

Most traders should update a trading journal regularly. However, day traders do not always have the time and flexibility to record their thoughts constantly. Today’s best trading journals offer you an easy solution with no handwriting. Instead, they deliver a detailed, historical record of the market conditions you dealt with on any given day.

So, how do you keep a trading journal without handwriting? Instead of jotting down your notes, you can take screenshots of your daily trading charts, including notes to capture what happened and why.

5 Best Trade Journals

When we compiled the list of top trading journals, we evaluated the options based on price, automation, risk management tools, progress tracking, and ease of use.

Edgewonk

Edgewonk is one of the best trading journals on the market. It tracks assets like stocks, futures, forex, CFDs, commodities, and cryptocurrency. The service is compatible with 16 trading platforms and brokers and accommodates data imports from Microsoft Excel.

Edgewonk is one of the few services to support cryptocurrency. Users can upload trading chart screenshots and make trade notes for easy review. In addition, Edgewonk’s backtesting tool enables you to analyze how a new trading strategy would have fared in certain market conditions based on historical data.

Edgewonk also has interactive trade analytics, a color-coded data table that comes with your main journal view. You can assess specific time frames, trade types, and other categorical data.

Best Trading Journals for 2022

Lastly, the emotional analytics feature also distinguishes Edgewonk from the rest. The trading journal underscores trades that were heavily impacted by emotions. It knows when the user deviates from a standard trading strategy, allowing you to learn from your mistakes.

TradeBench

TradeBench is a user-friendly trading journal that presents data in color-coded graphs and charts. The user interface is easy to navigate, and the service also accepts data imports from any trading platform or broker. Users also enjoy a breadth of tools for trade analysis and risk assessment.

The most significant factor that sets TradeBench apart is the price. The trading journal is free, and the service does not try to upsell you. TradeBench earns a lot of its revenue from digital advertising.

Trademetria

Trademetria will push traders to their full potential. The service pairs with over 140 platforms and brokers while offering a Microsoft Excel spreadsheet upload option. The service analyzes all critical metrics in an easy-to-understand format. Several tools also assess your current strategy and integrate continuous improvement.

The risk management capabilities of Trademetria are another differentiating factor. As you utilize the platform, you will understand the future risk and rewards throughout the trading process.

Trademetria also makes this list of top trading journals because of how it expands your mind. You can challenge yourself by consuming the performance trends offered by the app. Then, you can build challenges and exercises involving these trends, guiding you toward improvement.

TraderSync

TraderSync supports over 240 platforms and brokers, making it a perfect transition for several traders. This intuitive service includes the set of tools you would anticipate. TraderSync automatically imports or tracks your trades while straightforwardly showcasing the data.

TraderSync’s intraday trading data enables you to monitor your performance in real-time. There is also stop-loss tracking to help traders minimize risk and manage trades at once. The mobile app is also easy to use and includes all the regular features of the computer version.

The key differentiator with TraderSync is its ability to notify you of mistakes. When you trade, you will make mistakes. These failures shape you into the trader you are capable of becoming, making TraderSync a valuable tool.

TraderSync’s mistake tracker will highlight when you deviate from your trading plan. It will then communicate how you can eliminate these missteps in the future.

Microsoft Excel

Microsoft Excel is the ideal platform for someone who needs customization. You can purchase it for $69.99 annually or bundle it with the Microsoft Office Suite for $159.99. Excel and Google Spreadsheets are two of the most popular spreadsheet solutions.

Microsoft Excel requires some effort upfront, but it is worth it in the long run. However, getting your trading journal up and running will be the most work you do with Excel. This is because Microsoft Excel enables the trader to monitor specific metrics and other trading calculations.

Best Trading Journals Summary

As you can see, there are several quality trading journals to help you organize your thoughts, establish sustainable trading techniques, and build long-term wealth. Define your goals, prioritize your investment journey, and then align your objectives with one of the top options on the list.

Guide on How To Choose the Best Trading Journal for You

So, what are the key factors to watch for when choosing a trading journal? When it comes to ranking the best trading journals, it all comes down to six things: report customization, risk management tools, progress tracking, ease of use, automation, and price.

Report Customization

Everyone has a different investment journey, meaning you will learn at your own pace. This concept applies to analyzing reports. Finding a solid trading journal with plenty of report customization options will be critical for your development.

Risk Management Tools

Success in the trading game depends on your ability to identify, manage, and mitigate risk. Trading journals with risk management tools will allow you to navigate the market tactfully. Not only do the best trading journals allow you to assess risk and rewards from historical trades, but they also enable you to attack risk in real-time.

Progress Tracking

The goal of a trading journal is to learn, track performance, and continuously improve. The top trading journals on the market have easy, effective ways to track your development. Many of the trading journals we listed have options to set milestones and challenges for yourself.

Ease of Use

Any time you sign up for a new trading journal or service, there will be a learning curve. The best trading journals will be intuitive and easy to navigate. When you analyze data or performance, there should also be straightforward graphs to digest. Color-coded graphs and charts are an excellent feature that many of the options on our list have.

Automation

Trading journals can be a hassle when you do it 100% manually. The best options on the market will offer some form of automated journaling. Quality trading journals will allow you to connect your current trading platform or brokerage to automate the transition in real-time.

Price

Lastly, pricing and billing methods are two things to watch. Most solutions come with a monthly, annual, or one-time fee. Depending on your budget needs, pursue an option that provides you with worthwhile value.

FAQ

Still have questions? Here are some of the most common questions and answers regarding trading journals. 

Are trading journals worth the time and effort?

Whether you are a forex trader, stock trader, or market participant, trading journals will return the benefits in correlation to how much effort you give. 

If you hold up your end of the deal, journals can provide lifelong skills, lessons, behaviors, and processes to build meaningful wealth. Journals organize your thoughts and data, making it easier to reference later on.

How do you build a trading journal?

There are several ways to create, format, and maintain your trading journal. The electronic journaling method is where you prepare folders on your computer. Then, you can take screenshots of your daily charts and include notes about the market conditions. You can also utilize a note-taking phone application to insert these screenshots and notes.

Spreadsheet software and Google Docs are other useful solutions for building a trading journal. A spreadsheet or Google Sheet is the way to go if you want to integrate formulas and automated calculations. You can also invest in one of the many trading journal services we highlighted today.

What type of information should you put in a trading journal?

The minimum information you should put in a trading journal is your daily profit or loss. You should also focus on data that would not get included in a standard brokerage statement, such as market conditions. 

You could also document mistakes or lessons learned. Explain why a trade worked or did not work. Finally, build reliable strategies, tactics, and methodologies you can use in the future.

Best Time of Day To Buy Stocks

For as long as the stock market has existed, people have looked for trends that can help them maximize their investments while minimizing risk. One factor is the day of the week, while another is the time of day. The best time of the week to buy stocks is debatable and can often change based on who you ask.

Most, however, agree on the best time to buy stocks if you are going to invest on that day, no matter what. This article will provide a summary of what many feel is the ideal time. It will delve into market volatility, identify some of the worst times to trade, and when you may want to take it easy.

When Should Novice and Conservative Traders Focus?

For the average day, most new investors or investors looking to avoid losses should consider trading at two specific times.

Mid-Morning to Early Afternoon

When the opening market volatility has had a chance to settle down, it will be mid to late morning. This period coincides with when the market will be its most liquid. It also is the time that most investors will have had a chance to catch their breath and assess where they think their stock and the market overall are headed.

Best Time of Day To Buy Stocks

Once they reach that point, with a few notable exceptions, most of the volatility in the market will subside. All buying or selling will have occurred, and brokers, day traders, and investors will be absorbing whatever they have just done and how the market is performing following the news from the night before.

For the new investor, that lull is one of the best times to become active in the market. The driver, however, is not that things have calmed down. Waiting until stock prices have calmed is a strategy to help avoid jumping onto bad stocks and taking a loss. It is not a strategy for picking winning stocks and jumping onboard at the most optimal time.

That is an important concept to understand because when it comes to buying, the investor’s mindset determines their strategy. If, for example, you believe the market will continue to decline, you might want to continue avoiding loss. In contrast, if the market suddenly jumps, you might want to consider investing earlier than mid-morning.

Mid Afternoon, but After Lunch

Mid-afternoon is another time the market is very active but still maintains some stability. While a news event could throw that into chaos, generally, stocks have a short period of activity in the early afternoon. Then, things are calm until about an hour before closing. If you are new to the market or have a relatively conservative trading approach, this is the second time to become active.

The other reason this period is fairly quiet and well-suited for new and conservative investors is important news doesn’t usually get broken in mid-afternoon unless it is episodic. A bad economic report, for instance, will not be covered until later in the day if the morning news cycle passes. The exception to his rule is when a major event happens or if morning volatility spills over.

Your Goals Make a Big Difference

Why you are looking to invest, sell or get into the market has a lot to do with when the best time of day to trade is. If you are looking to maximize profits and have a high-risk tolerance, a volatile market is a good time to move. 

However, if you are looking to avoid losses and risk, avoiding the “power hours,” when most money is made on the market but the risk is significant, is a good time to lay low.

The power hours are right after the market opens when stocks can be volatile, and right before closing, when investors can be optimistic or pessimistic, depending on:

  • Overall market performance
  • Any news that came out during the day

Before you decide when the best time of day is for you, you first must decide how aggressive an investor you are planning on being.

Market Volatility Drives Aggressive and Conservative Trading

Rather than determine the best time of day, it is first a good idea to understand the worst times to invest in stocks. Doing so gives you a solid footing to at least mitigate your potential exposure when investing. 

Best Time of Day To Buy Stocks

With that in mind, you should avoid any time of predicted volatility. Volatility in the market can be experiential, such as Monday mornings, or episodic, such as when the market opens after a day of sustained, rapid, or monumental declines. These times are more volatile than others because an unstable market environment tends to be contagious and builds momentum before it dies.

For example, if the stock market is taking a beating because of bad economic news, investors will likely continue to sell or tell investment advisors to do so even after the market is closed. In that situation, the goal is to get out of a stock as quickly as possible the moment the market is open again.

That creates an environment that can influence overseas markets, which can, in turn, make the original stock fall even further. The sagging foreign market, conversely, has a negative response that influences the news and investors in the original market. When the market opens up, stocks tend to get sold rapidly as opportunists swoop in and buy them low.

When Are Those Volatile Times of Day?

There are a few times that you can rest assured the market is best left alone, especially if you are a new investor:

The Opening of the Market

Investors looking to dump stock make any market opening volatile. Even when the market is healthy, there are still a lot of investors that will sell for a variety of reasons:

  • Want to take profits off their stocks
  • Have a tip that makes selling sensible
  • Bad economic news came out after the market had closed
  • An incident caused a particular stock to drop in value as a reaction
  • No reason; the investor just wanted out

Avoiding the market opening for a few hours afterward is a smart strategy to follow, even if you are a seasoned investor. You do not know what is happening in everyone’s head, and buying at the opening bell might mean you bought on the crest as a stock starts to decline. Many day traders wait to make any moves until after 11:30 a.m.

After a Bad Weekend

When the market is in freefall on Friday, you can assume it will continue on Monday morning as investors try to cut losses. Loss cutting at the start of the week will happen if whatever influenced the market on Friday was discussed all weekend by the news media. That concept applies to any other day but is most evident on Monday mornings.

After Bad News Breaks

Certain events wipe out what is supposed to happen on the market, no matter how strong or weak the market is at any particular point. When the jobs report comes out is one instance, or when a major company revises its profit estimates. The key factors that shape whether an event will most likely influence a market are as follows:

  • Affects the entire economic outlook
  • Impacts a particular industry or a specific company
  • Whether there is a political solution that is likely to happen
  • If a prominent company figure is positively or negatively affected 

For obvious reasons, each can drive investors’ collective thinking. News that unemployment is unexpectedly high, for example, is a possible indicator of an economy in trouble or not yet in recovery, which can prompt investors to sell.

At Closing

Before the market shuts down for the night, many investors and brokers look to shed stocks. Just before closing can be a great time to find some bargains, but it can also be unpredictable. You could think you bought a stock that had hit bottom, but it might still have a long way to go before it gets there. In that case, you would lose your investment.

Newbies should avoid the closing hour until they know how the market behaves and can read basic trends in trading. Those skills come from experience.

Should Aggressive Investors Care?

If your trading strategy is aggressive or hyper-aggressive, you may want to consider trading during those volatile times. There is a lot of money to be made when and before the market closes. That is why they are called the morning and afternoon power hours. Those two times are when most money is made on the market.

Conclusion

The information above establishes that there are two periods to jump on if you are aggressive and two different periods during the day to become active if you are employing a conservative approach. Breaking news can always send a market one way or another and turn those safe times into hazards.

Apart from the general rules concerning volatility, the best advice is to pay attention throughout the day while applying a stock-buying strategy that works for you. 

Sources:

How to Invest in Web 3.0

Wondering how to invest in web 3.0? We look at some companies and technologies that allow you to invest in the web 3.0 wave.

Investing in NFTs

If you’re thinking about investing in NFTs, there are a few things you should know. First, it’s important to understand what an NFT is and how it works. An NFT is a digital asset that can be bought, sold, or traded like any other commodity. However, unlike traditional commodities, NFTs are not subject to the same rules and regulations. This makes them a risky investment, but one with the potential for high rewards.

Before investing in any NFT, research the market carefully. There are many different types of NFTs, each with its own risks and rewards. You’ll need to decide which type of NFT you’re interested in before you can start investing.

Once you’ve decided which type of NFT you want to invest in, it’s time to start looking for a platform to buy or sell them. There are a few different options, but the most popular is probably Ethereum. Ethereum is a decentralized platform that allows people to create and trade NFTs.

If you’re not familiar with Ethereum, don’t worry; there’s plenty of help available. You can find all sorts of resources online, including tutorials and videos. Just make sure you do your homework before investing any money.

Investing in the Metaverse

As the metaverse continues to grow and evolve, more and more people are starting to invest in it. While there are many different ways to invest in the metaverse, one of the most popular ways is through virtual real estate.

Virtual real estate is land or property that exists within the metaverse. Just like regular real estate, virtual real estate can be bought, sold, or leased. And just like regular real estate, there is a wide range of prices for virtual real estate depending on its location and amenities.

Investing in virtual real estate is a great way to get involved in the metaverse and potentially make a profit. However, it’s important to do your research before investing any money. There are a lot of scams and fake investment opportunities out there, so it’s important to be careful.

If you’re interested in investing in virtual real estate, there are a few things you should keep in mind. First, consider the location of the property. Is it in a popular area within the metaverse? Is it close to important landmarks or other desirable locations? The location of the property will affect its value and desirability.

Secondly, consider the amenities that come with the property. Does it have a good view? Is it near transportation or other conveniences? The more amenities a property has, the more valuable it will be.

Lastly, don’t forget to factor in the cost of maintenance and upkeep. Just like regular real estate, virtual real estate requires regular maintenance and upkeep. Be sure to budget for these costs when considering an investment.

Virtual real estate is a great way to get involved in the metaverse and potentially make a profit. However, it’s important to do your research and be careful before investing any money. With a little bit of planning and forethought, you can be well on your way to becoming a successful investor in the metaverse.

Investing in Cryptocurrency

There are a lot of reasons to invest in the cryptocurrency.Cryptocurrency is still in its early stages, which means that there is a lot of potential for growth. The price of cryptocurrency can also be volatile, which means that it can potentially make you a lot of money if you invest early on.

There are also a few risks associated with investing in cryptocurrency. For example, the value of cryptocurrency can drop suddenly and unexpectedly. You should always be prepared for this possibility and only invest what you can afford to lose.

Investing in cryptocurrency can be a great way to make some quick and easy money. However, you should always remember to do your research before investing any money. Make sure that you understand the risks involved and only invest what you can afford to lose.

If you’re thinking about investing in cryptocurrency, then there are a few things that you need to know. First of all, it’s important to remember that the value of cryptocurrency can fluctuate wildly. This means that you could potentially make a lot of money if you invest early on, but you could also lose everything if the market takes a turn for the worse.

It’s also worth noting that there are a number of different types of cryptocurrency, so it’s important to choose one that you’re comfortable with. There are many different exchanges where you can buy and sell cryptocurrency, so make sure to look around and find one that suits your needs.

Finally, always remember to diversify your investment portfolio. Don’t put all of your eggs in one basket, and don’t invest everything you have into just one type of cryptocurrency. Diversifying will help you to spread the risk and protect your investment in case the market takes a turn for the worse.

Investing in NVidia (NVDA)

There are many reasons to invest in NVidia. The company is a market leader in graphics processing units (GPUs) and has a strong foothold in the gaming market. It also has a growing presence in the data center market with its Tesla GPUs.

NVidia is well positioned to benefit from the growth of artificial intelligence (AI). Its GPUs are used by major tech companies such as Google and Facebook for training deep learning algorithms. The company is also investing heavily in autonomous driving, which is another promising growth area.

Overall, NVidia is a company with a solid future prospects. It is well positioned to capitalize on some of the most exciting growth trends in the tech sector. As such, it makes sense to consider adding NVidia to your portfolio.

Investing in Coinbase (COIN)

If you’re looking to invest in cryptocurrency, one of the most popular platforms is Coinbase. In this article, we’ll take a look at what Coinbase is, how it works, and whether it’s a good option for investing in digital currency.

What is Coinbase?

Coinbase is a digital asset exchange company founded in 2012. It allows users to buy and sell cryptocurrencies, as well as store them in a wallet on the platform. Coinbase also offers a range of other services, including a brokerage service for buying and selling cryptocurrencies, and a merchant solution for businesses that accept cryptocurrency payments.

How does Coinbase work?

Users can buy and sell cryptocurrencies on Coinbase using either fiat currency (e.g. US dollars) or cryptocurrency. When buying cryptocurrency, Coinbase will hold the coins in a wallet on the platform. This is known as a custodial wallet, and means that Coinbase is responsible for storing the coins.

Coinbase also offers a non-custodial wallet, which allows users to store their own coins. This is generally considered to be a more secure option, as it means that the user is in control of their own private keys.

Is Coinbase a good option for investing?

Coinbase is one of the most popular cryptocurrency exchanges, and has been praised for its ease of use. However, it’s worth noting that Coinbase has been involved in some controversy in the past. In 2017, it was revealed that Coinbase had over-charged users for Bitcoin purchases by as much as 10%. Coinbase has since refunded affected users.

Coinbase is also one of the most expensive exchanges to use. It charges a flat fee of 4% for all cryptocurrency purchases, and also applies a spread to the buy and sell price of each coin. This means that it’s not the cheapest option for buying cryptocurrency.

However, Coinbase does offer some advantages that make it a good option for investing. Firstly, it’s one of the most user-friendly exchanges, which makes it a good choice for those new to cryptocurrency investing. Secondly, Coinbase is a regulated company, which adds an extra layer of security.

Overall, Coinbase is a popular and user-friendly platform that offers a range of services for buying, selling and storing cryptocurrencies. While it’s not the cheapest option available, its ease of use and regulation make it a good choice for those looking to invest in digital currency.

What is Web 3.0?

Web 3.0 is the third generation of the World Wide Web that focuses on Semantic Web and Linked Data technologies to provide more intelligent and user-friendly web experiences.

What are some examples of Web 3.0 technologies?

Some examples of Web 3.0 technologies include:

– Semantic Web: A system of linked data that can be read and interpreted by computers, making it possible for machines to understand the meaning of data on the web.

– Linked Data: A method of representing data using URIs (uniform resource identifiers) and RDF (resource description framework) standards, which makes data more inter-linked and easier to process.

– Web Services: A way of exposing data and functionality as web-based services that can be accessed by other applications.

What are some benefits of Web 3.0?

Some benefits of Web 3.0 include:

– More intelligent and user-friendly web experiences: By making data more machine-readable, Web 3.0 technologies can enable more intelligent search results, personalised content recommendations, and other features that make the web more user-friendly.

– Improved data interoperability: Linked Data standards make it easier for different systems to share data, which can lead to improved data interoperability between organisations.

– Increased opportunities for innovation: The exposed data and functionality of Web Services can provide a new platform for developers to build innovative applications on top of.

What are some challenges of Web 3.0?

Some challenges of Web 3.0 include:

– The need for standards: In order for the Semantic Web and Linked Data to work, there needs to be a degree of standardisation around how data is represented and linked. This can be a challenge as there is no one governing body that can enforce these standards.

– The need for adoption: For the benefits of Web 3.0 to be realised, there needs to be widespread adoption by both web users and developers. This can be a challenge as it requires buy-in from a large number of people and organisations.

– The need for investment: The development of Web 3.0 technologies can require significant investment, both in terms of time and money. This can be a challenge for small organisations or individual developers.

How can I get started with Web 3.0?

If you’re interested in exploring Web 3.0 technologies, there are a few ways you can get started:

– Learn about Semantic Web and Linked Data standards: Reading up on Semantic Web and Linked Data standards is a good way to understand how these technologies work and how they can be used.

– Experiment with linked data: There are a number of linked data datasets available online that you can experiment with. Linked data visualisation tools can also be helpful for exploring linked data.

– Look for Web 3.0 applications: There are a number of applications that utilise Web 3.0 technologies, such as recommendation engines and question-answering systems. Many of these applications are open source, so you can examine the code to see how they work.

Fenty Stocks: How to Invest in Rihanna and Fenty X Savage

Are you interested in investing in Fenty Stocks? Rihanna’s groundbreaking company Savage X Fenty is making money and many are interested in investing.

As of this writing, the company did not go public, so you can’t invest it in yet.

However the plan is to offer the company as an IPO at a $3 Billion valuation at which point anyone will be able to invest.

Here is what you need to know.

How to Invest in Fenty Stocks

If you’re interested in buying shares of Savage X Fenty when it goes public, there are a few things you’ll need to do.

First, you’ll need to find a broker that offers IPOs. Not all brokers do, so it’s important to check first. Once you’ve found a broker that offers IPOs, you’ll need to open an account and fund it.

Once your account is funded, you’ll need to place an order for Savage X Fenty shares. Your broker will likely have a process for this, so be sure to follow their instructions.

Finally, once the IPO occurs, you’ll receive your shares and can start trading them just like any other stock.

IPOs can be a great way to get in on the ground floor of a promising company, so if you’re interested in Savage X Fenty, be sure to follow these steps.

What is Savage X Fenty?

Savage X Fenty is a new lingerie brand created by Rihanna. The brand offers a range of lingerie styles for women of all shapes and sizes.

Savage X Fenty is all about inclusivity and celebrating women’s bodies, regardless of size or shape. The brand offers bras, panties, bodysuits, and more in a variety of styles and colors. Savage X Fenty is available online and in select stores.

If you’re looking for lingerie that celebrates all women, regardless of size or shape, then Savage X Fenty is the brand for you.

Savage X Fenty offers bras, panties, bodysuits, and more in a variety of styles and colors. The brand is all about inclusivity, and offers something for everyone.

Whether you’re looking for a sexy new lingerie set or something more comfortable and relaxed, Savage X Fenty has you covered. You can shop the collection online or in select stores.

Who is Rihanna?

Rihanna is a world-famous pop singer from Barbados. She has sold millions of records and has won numerous awards, including eight Grammy Awards.

Her hits include “Umbrella,” “Diamonds,” and “Work.” She is also known for her fashion sense and her work as an actress and philanthropist.

What is an IPO?

An initial public offering (IPO) refers to the process of a company’s first sale of stock to the public. A company can raise money by issuing either common shares or preferred shares in an IPO.

Preferred shareholders typically have preference over common shareholders with respect to dividends and the liquidation of assets in the event that a company is wound up. However, common shareholders may have greater rights to vote on matters affecting the company.

IPOs can be a way for companies to generate growth capital, but they also come with a number of risks. For example, once a company goes public, it becomes subject to greater scrutiny from regulators, analysts, and the general public.

This can lead to increased pressure on management to perform, which can in turn lead to business decisions that may not be in the best interests of the company or its shareholders.

IPOs also tend to be expensive and time-consuming, which can divert management’s attention from running the business.

Finally, there is no guarantee that an IPO will be successful, and if it isn’t, the company may have difficulty raising capital in the future.

Despite these risks, many companies still choose to go public through an IPO because of the potential rewards. An IPO can provide a company with a significant influx of cash, which can be used to fund expansion or other growth initiatives.

Additionally, going public can increase a company’s visibility and profile, which can help attract new customers and partners.

Where to buy stocks?

There are a few different ways to buy stocks, and the best method for you will depend on your goals and investment strategy. Some investors choose to buy stocks directly from companies, while others use stockbrokers or online trading platforms.

If you’re new to investing, it’s important to understand the different types of stock brokers and how they operate.

For example, full-service brokers offer a wide range of services including investment advice, while discount brokers simply execute trades on behalf of their clients.

When you’re ready to start buying stocks, be sure to compare different brokerages to find one that meets your needs.

Once you have an account set up, you can begin researching individual companies and placing orders to buy or sell shares.

Student asks Warren Buffett if his advice is outdated. His response is timeless.

In a speech by Warren Buffett, a student asked some hardball questions that implied that Warren Buffett may be losing his touch. Warren responded showing that he is as sharp and “on it” as ever. Take a listen:

https://www.youtube.com/watch?v=UxOsEzUNHzM
Warren schools the new generation of kids on investing.

Transcription:

My name is Che Lee and I’m from China. I’m currently a graduate student in Georgetown.

My friend Dennis Joel, and I, we are both a very big fan of you and your friend, Charlie. And we read his book, which is very interesting. He had this whole system of credit criteria on how to evaluate a company. It’s all very confusing, but he said that Warren and I are always staying away from the industries.

We don’t know. So you have railways and Coca Cola, but now the world is changing. We are living in a new era. The business models are changing the B2C platforms. Everybody’s shopping online. Maybe in a few years, everyone is going to pay with their I-phones and bank of America. No longer issues, credit cards.

So nonprofit is a new model And yeah, there’s just so many things you don’t know about. We’ll take out a flip phone and show you, so he’s not going to be one. This is my new one. It’s going to take, it’s just turned into one Alexander Graham bell gave me So the question is the business models are changing. The world are changing. They’re the new technology. They’re changing everything. There’s no way you can just stay out of it and stay with the traditional now for the private investors, especially in the venture capital What would you think is the most important thing?

The key in evaluating a company it’s where I’m not asking about doing mediocre, not asking about being average, but about excellent. Remarkable. Just one thing.

The most important thing is to decide what is to be able to define which ones you can come to an intelligent decision on, and which ones are beyond your capacity to evaluate you. Don’t have to be right about thousands and thousands of companies. You only have to be right about a company. A couple.

I met bill gates on July 5th, 1991. We were in Seattle and bill said, you’ve got to have a computer. And I said, why? And he said he said, you can do your income tax on it. I said, I don’t have any income Berkshire doesn’t pay a dividend. He said you can keep track of your portfolio. I said, I only have one stock.

I said, he says, it’s going to change everything. And I said will it change? Whether people chew gum? And he said probably not. And I said we’ll change. What kind of gum they chew? And I said then I’ll stick the chewing gum and you stick to computers. I don’t have to understand all kinds of, but there’s all kinds of business.

I don’t understand. But there’s thousands of opportunities there. I did understand the bank of America, and and I’ll be able, I’m able to do that. I’m able to understand some given percentage, but Ted Williams wrote a book called the science of hitting and in the science of hitting, he’s got a diagram, shows him at the plate and he’s got the strike zone divided in the 77 squares each the size of a baseball.

And he said, If I only swing at pitches in my sweet zone, which he shows there and he has what his batting average would be, which is 400. If he had to swing at low outside pitches, but still in the strike zone, his average would be two 30. He said the most important thing in hitting is waiting for the right pitch.

Now he was at a disadvantage because of the count was Owen two or one and two or so on. Even if that ball was down where he was only going about 230 he had to swing at it in investing. There’s no called strikes. People can throw Microsoft at me and you name it any stock general motors and I don’t have to swing at, nobody’s going to call me out on call strikes.

I only get a strike call if I swing at a pitch and miss so I can wait there and look at thousands of companies day after day. And only when I see something I understand. And when I like the price at which is selling, then if I swing, if I hit it fine, if I miss it it’s a strike, but it’s an enormously advantageous.

And it’s a terrible mistake to think. You have to have an opinion on everything. You only have to have an opinion on a few things. In fact, I’ve told students if, when they got out of school, they got a punch card with 20 punches on it, and that’s all the investment decisions they got to make in their entire life.

They would get very rich because they would think very hard about each one and you don’t need 20 right decisions to get very rich four or five will probably do it over time. So I don’t worry too much about the things. I don’t understand it. If you understand some of these businesses that are coming along and can spot things on, if you can spot an Amazon, for example, it’s a tremendous accomplishment.

What Jeff Bezos has done. And I tip my hat to him. He’s a wonderful businessman and he’s a good guy too, but could I have anticipated that he would be the success and 10 others? Wouldn’t be, I’m not going to enough. But I don’t, fortunately I don’t have to, I don’t have to form an opinion on Amazon.

And I did form an opinion on the bank of America and I form an opinion on Coca-Cola. Coca Cola has been around since 1886, there’s 1.8 billion, 1.8 billion, eight ounce servings of Coca Cola products sold every day. Now, if you take one penny and get one penny extra that’s $18 million a day and 18 million times 365 is 7 billion, three less, 730 billion, or 6 billion, $570 million.

So annually 6 billion, $570 million from one penny. Do you think Coca-Cola is worth a penny more than, Joe’s Cola? I think so. So you know, and I’ve got about 127 years of history that would indicate it. So those are the kind of decisions I like to make. And you may have an entirely different field of expertise.

Then I would have probably much more up-to-date in terms of the kind of businesses that we’re seeing about. And you can get very rich if you just understand a few of them and understand their future. But fortunately, I don’t have to. If we go into Heinz, I look at people pouring ketchup on, hamburgers and potato.

I don’t think it’s going to change him. And and the nice thing about some products travel, some products don’t travel, candy bars, don’t travel well. If you look at the Cadbury bars in England, they don’t sell well here. And if you look at the Hershey bars here, they don’t sell as well someplace on soft drinks, travel and ketchup travels I like products that travel. Thank you. Thank you.

Warren Buffett Bitcoin Interview: His prediction is coming true? Buffet’s opinion on Bitcoin 2022

THE INTERVIEW:
At one point this weekend, you said that Bitcoin, Charlie said Bitcoin is like rat poison, you were asked about that comment and you said it’s probably more like rat poison squared.

https://www.youtube.com/watch?v=QXDiDXDKP-4

Charlie went on in the meeting to then basically call Bitcoin turds He is an expressive sort. Hopefully as he gets a little older, he’ll mature. I just want to ask you about that because it sparked so much controversy and particularly on Twitter and some of the places where you might expect people who are trading in cryptocurrency to be pretty loud about what they heard. What is it about Bitcoin that gets you guys so fired up?

When you buy. You look at the crop every year and what prices are, and you decide whether it was satisfactory investment. You look to the asset itself and what it produces for you. When we buy a business, we look at what the business EARNS and decide how we feel about it in terms of what we paid.

But we are buying something that at the end of the period, we not only have what we bought in the first place, but we have something that the asset produced. And when you buy nonproductive assets, All you’re counting on is whether the next person is going to pay you more because they’re even more excited about another next person coming along.

But the asset itself is creating nothing. Oh, one of the interesting things example is gold. If you go back to the time of Christ and you look at how many hours of labor you had to give up in order to buy an ounce of gold and you take it forward to now. You’ll find that compound, maybe a 10th or two tenths of 1%.

And then you have to insure during that time and make sure somebody doesn’t steal it from you, everything, but it doesn’t produce anything and productive assets, you may have, you can pay too much for a productive asset, but I bought a farm in the 1980s. And every year, look at how much it produced in soybeans and corn.

And at the end of that period, I’ve still got the farm and I’ve gotten some significant income off of it, . But if you and I buy various cryptocurrencies, they’re not going to MULTIPLY, they are not going to be a bunch of rabbits sitting there in front of us.

They’re just going to sit there and I got to hope that next time you get more excited after I’ve bought it from you and then I’ll get more excited and buy it from you. And actually we can sit in the house by ourselves and we could keep running up price. But at the end of the time, there’s one Bitcoin sitting there and now we’ve got to find somebody else and they come to an end.

I made those, that’s a greater fool theory. That’s what you’re saying. Yeah it’s buying something because you expect the pool of people who want to buy it because they want to sell it to somebody else will grow. And it’s wonderful because it does create a rising price, does create more buyers and people think I’ve got to get in on this and it’s better if they don’t understand it.

That’s the other thing about it. If you don’t understand it, you get much more excited than if you understand it. If you buy a bond and says, she’s going to pay you at 4% a year, you’re not going to get any pleasant surprises. She’s going to pay a 4% a year. But if you, if you, you can have anything you want to imagine..

If you just look at something and say, that’s magic, you can do it with shark teeth or seashells or anything. And they did it with tulips in the 17th century and Amsterdam and they’ll do it again. People that like to speculate, they like to gamble and if you can get something pretty bad, something half plausible going on, if you would bought gold in 1942, We might lose the war and we might have to run off to some other country and so let’s put our assets in gold.

School Attended by Warren Buffett Crossword Clue

Warren Buffett is one of the most successful businessmen in the world. He is the CEO of Berkshire Hathaway, and he has a net worth of over $60 billion. He is also known for his philanthropy, and he has donated billions of dollars to charities over the years.

Buffett was born in Omaha, Nebraska in 1930. He started working when he was just six years old, and he started investing when he was just eleven. In 1955, Buffett merged two small companies to create Berkshire Hathaway. The company grew rapidly, and Buffett became a millionaire by the age of thirty.

Over the years, Buffett has become known as a brilliant investor. He is famous for his “value investing” strategy, which involves buying stocks that are undervalued by the market. Berkshire Hathaway has become one of the most successful companies in the world, and Buffett is considered to be one of the most successful businessmen in history.

Besides his business successes, Buffett is also known for his philanthropy. He has donated billions of dollars to charity over the years, and he has set up the “Buffett Foundation” to help support various causes. He is also a major supporter of education, and he has given millions of dollars to universities across the United States.

School Attended by Warren Buffett Crossword Clue

The schools attended by Warren Buffett was:

WHARTON

This is likely the crossword answer you are looking for.

Wharton

Warren Buffett is one of the most successful businessmen in the world. He is also one of the most educated, with a Bachelor of Arts degree from Wharton and a Master of Science degree from Columbia.

Buffett’s experience at Wharton was invaluable to his later success. In fact, he has called Wharton “the best business school in the country.” He learned how to think analytically and critically, as well as how to value businesses and investments.

Buffett is a great example of how an education can help anyone achieve great things. If you are thinking about going to business school, consider studying at Wharton – you won’t regret it!

Buffett’s Business Background

Warren Buffett is one of the most successful businessmen in the world. He is known for his investing skills, and he has made billions of dollars through his various business ventures.

Buffett got his start in business early on, when he was just a teenager. He started delivering newspapers, and he quickly learned the importance of hard work and perseverance. He also developed a love for numbers and investing, which would serve him well in the future.

In 1956, Buffett founded his first company, Buffett Partnership Ltd. The company was a successful investment firm, and it made Buffett a millionaire at a young age. In 1969, Buffett merged his company with another investment firm, and the new company became known as Berkshire Hathaway.

Today, Berkshire Hathaway is one of the most successful companies in the world. Buffett is still the CEO, and he has guided the company to tremendous success. Berkshire Hathaway has a market value of over $200 billion, and it employs more than 260,000 people.

Buffett is also well-known for his investing advice. He is often called “the Oracle of Omaha” because of his ability to predict market trends. Buffett’s investment tips have been invaluable to many people, and he has helped many people make money in the stock market.

Warren Buffett is a true American success story. He started out with nothing, but he worked hard and persevered until he achieved great success. Buffett is a role model for all entrepreneurs, and he is a testament to the power of hard work and determination. Thanks, Warren Buffett, for everything.

The Only Investment You Need to Make for Retirement

It’s Wes Roth here, let’s look at the only fund you need to invest in for the rest of your life. This will be the last investing video you will ever have to see, I promise.

If you take away one thing from this video, it’s this:

Most people, including professional investors and fund managers, Can’t beat “the market” over long periods of time.

This is very important to understand. A lot of market returns is fugazi.

When you are investing in stocks, a lot of people new to investing think that as long as the stock they bought went up, they’ve made money and are “good at investing” whereas if the stock they bought went down, they are “bad at investing”.

A better way to think about this, and this is how professional investors think about it, is how well their performance compares to the “Market” or how well all of the stocks did as a whole. 

A common benchmark is the SP500, the 500 biggest companies in America, and for the most part the world.

You probably know a lot of the companies on there. Apple, Microsoft Google, Tesla, Ford, Toyota, Visa, Home Depot, Pfizer, Coke.

So if you put a dollar into the SP500, you make money when the market as a whole goes up and you lose money when the market goes down.

You don’t really care about any one particular company doing well, or short term ups and down in the market.

If you invested your money in the SP500 back when it started in 1957 and just left it alone you would expect to make about 10% per year on your investment.

If you individually picked stocks, bought and sold and then ended up making only 8% on your money year after year, while it’s true you would have more money, you would have “underperformed the market”. 

After all your efforts, you would have less money in the bank than if you simply put money into the SP500 and forgot about it.

By the way the SP500 performance is almost identical to the whole stock market. The SP500 is now over 85% of the whole US stocks market and the difference in performance is very small. 

Picking one over the other is unlikely to make a difference.

I stick with the SP500 personally, although Vanguards total stock market index is bigger in terms of how much money is invested in it.

Now the reason we mainly are looking at US stocks is because compared to other developed nations, the US has favored its corporate sector above everything else since the early 1980s, which made the US stock market an attractive sponge to absorb capital from everywhere.

The US government needs for the US stock market to do well, a lot of our success as a nation depends on it and while a lot of people argue that it shouldn’t be such a high priority. For the time being most wealthy individuals and institutions see the US market as a very safe and profitable place to park their money.

So… what is the top Vanguard fund for long term investors looking to compound their money over decades.

Well I put all my long term money into Vanguard 500 Index Fund Admiral Shares aka VFIAX as it’s commonly referred to.

I add to it on a set schedule. I don’t try to time the market or ever sell out of it. Just dollar cost average over time and forget about it.

This isn’t the most fun way of investing, but it’s one that has proven to work extremely well over long periods of time and it frees me up to focus on increasing my income to buy more and more of the fund over time.

Now I have other active investments that I do, but the bulk of my money goes into this fund and then gets ignored until I’m ready to retire.

Question for you. What does YOUR investment approach look like? I’m curious to know.

Let me know in the comments, I read every single one.

My name is Wes Roth. See you next time.

The 10 Richest People in the World

Who are the people who managed to acquire the most wealth and assets in their time on this planet? Let’s take a look.

Only 10 people right now have more than 100 billion in net worth. A lot of these are people who own or have founded successful tech companies as well as a few savvy investors who slowly build up their net worth over many, many years.

Elon Musk

Age: 50
Residence: Texas
Co-founder and CEO: Tesla (TSLA)
Net Worth: $269 billion
Tesla Ownership Stake: 18% ($186 billion)
Other Assets: Space Exploration Technologies ($40.3 billion private assets), $4 billion in cash

Elon Musk

Elon Musk is a billionaire who not only made his original fortune from PayPal, but then went on to help start up Tesla Motors as well as SpaceX. Let’s take a look at just how he managed this.

Elon Musk might be the inspiration for Robert Downey Jr.’s character in Iron Man Elon Musk was born in South Africa in 1971. In his childhood Musk became interested in computers and by the age of 12 he had made his own program for a video game that he sold to a computer magazine. After leaving school Musk joined college in Canada, but left after only two days, not liking the course. He then spent a year travelling around Africa before returning home to start college again at the University of Pennsylvania where he gained another degree in Physics and Economics from The Wharton School.

In 1995 Elon started work on building up Zip2 which was an online city guide for newspapers. This company was later bought out by Compaq for $307 million who decided to shut it down just 6 months later! Thankfully this gave Musk the chance to cash in shares worth $22 million from the sale of Zip2.

In 1999 Musk started X.com which was a financial services/payments company who aimed to compete with the ever increasing PayPal, but unfortunately in 2000 Compaq decided to buy out X.com so Elon cashed in again, this time worth $165 million! This gave him enough money to start SpaceX where his dream was to build cheap rockets for use by anyone, plus he wanted to help make humans an interplanetary species. Although it has only had one successful flight so far, It is still making progress .

As well as being the CEO of Tesla Motors and leading SpaceX through its early development period, Musk is also helping give solar power more attention by being Chairman of SolarCity.

In the volatile market of 2020, Tesla saw a massive increase in it’s share price. Rising over 740%, joining the S&P500 after a few attempts. These events helped push Musk to the top of the billionaire chart.

Jeff Bezos

Age: 58
Residence: Washington
Founder and Executive Chair: Amazon (AMZN)
Net Worth: $187 billion
Amazon Ownership Stake: 10% ($162 billion)
Other Assets: Blue Origin ($9.15 billion private assets), The Washington Post ($250 million private assets), and $16.1 billion in cash.

Jeff Bezos became a billionaire overnight after Amazon’s stock price surged ahead. Learn all about Amazon here!

Jeff Bezos, the man behind Amazon, is one of the top billionaires in the world. After founding Amazon back in 1994, he steadily built his fortune up to billions. Jeff holds 10% of Amazon’s shares and currently has an estimated net worth of $ 187 billion as of December 2021 – that makes him even richer than Bill Gates.

Let’s take a look at how Jeff Bezos became so successful…

Born on January 12th 1964 in Albuquerque, New Mexico , Jeff was raised by his adoptive father alongside three older half-siblings after being abandoned by his mother at age 15 . graduated from Princeton University with Bachelor of Science degree in electrical engineering and computer science .

After graduating from Princeton, Jeff started his career as a financial analyst. He spent 5 years working for Wall Street firm D. E. Shaw & Co – earning their “Wall Street’s Best Mind” award during his tenure there.

In 1994, Jeff Bezos co-founded Amazon with ex-wife Mackenzie . His vision was to create an online bookstore focusing on low prices , fast delivery times and customer satisfaction!

Through the years, Amazon has grown into one of the world’s most successful businesses – making over $177 billion in net revenue each year! With this, Bezos is now the 2th richest person in 2022.       

In addition to this, Jeff Bezos also founded the rocket company Blue Origin in 2000 – aiming to make space tourism a reality.

In 1993, Jeff met his wife MacKenzie through a blind date and they were married until their divorce in 2019 . The pair had four children together: three sons and one adopted daughter from China.

Jeff Bezos’ Awards and Achievements Amazingly , Forbes named Jeff as “Person of the Year” back in 1999.

And while we think that’s pretty impressive already, he has even more awards under his belt such as Time magazine’s “Most Influential Person” award for 2007 and “Businessperson of the Year Award” for 2016.

Bernard Arnault

Age: 72
Residence: Paris, France
CEO and Chair: LVMH (LVMUY)
Net Worth: $164 billion
Christian Dior Ownership Stake: 97.5% ($137 billion total)
Other Assets: Moelis & Company equity ($24.6 billion public assets), Hermès equity (undisclosed stake), and $11.2 billion in cash3132
French national Bernard Arnault is the chair and CEO of LVMH, the world’s largest luxury goods company. This business owns some of the biggest brands on Earth, including Louis Vuitton, Hennessey, Marc Jacobs, and Sephora.

Bill Gates

Age: 66
Residence: Washington
Cofounder: Microsoft Corp. (MSFT)
Net Worth: $133 billion
Microsoft Ownership Stake: 1.3% ($31.9 billion)
Other Assets: Cascade Investment LLC ($60 billion public and private assets), $56.5 billion in cash38
While attending Harvard University in 1975, Bill Gates went to work alongside his childhood friend Paul Allen to develop new software for the original microcomputers. Following this project’s success, Gates dropped out of Harvard during his junior year and went on to found Microsoft with Allen.3940

Larry Page

Age: 48
Residence: California
Co-founder and Board Member: Alphabet (GOOG)
Net Worth: $124 billion
Alphabet Ownership Stake: 6% ($107 billion total)
Other Assets: $14.4 billion in cash53
Like several tech billionaires on this list, Larry Page’s claim to fame got its start in a college dorm room. While attending Stanford University in 1995, Page and his friend Sergey Brin came up with the idea of improving data extraction capabilities while accessing the Internet. The duo devised a new type of search engine technology they dubbed “Backrub,” named after its ability to analyze “backing links.” From there, Page and Brin went on to found Google in 1998, with the former serving as CEO of the company until he stepped down in 2001.5455

Mark Zuckerberg

Age: 37
Residence: California
Co-founder, CEO, and Chair: Meta (FB)
Net Worth: $124 billion
Facebook Ownership Stake: 13% ($115 billion)
Other Assets: $3.5 billion in cash64
Mark Zuckerberg first developed Facebook (now Meta) alongside fellow students Eduardo Saverin, Dustin Moskovitz, and Chris Hughes while attending Harvard University in 2004. As Facebook began to be used at other universities, Zuckerberg dropped out of Harvard to focus entirely on his growing business. Today, Zuckerberg is the CEO and chair of Meta, which had more than 2.9 billion monthly active users as of Q3 2021.

Sergey Brin

Age: 48
Residence: California
Co-founder and Board Member: Alphabet (GOOG)
Net Worth: $119 billion
Alphabet Ownership Stake: 6% ($102 billion total)
Other Assets: $14.7 billion in cash72
What makes Google unique, compared to the other companies featured on this list, is that its co-founders are relatively close in terms of total wealth. Sergey Brin’s involvement in Google follows a similar path to Page’s. After the duo founded the company in 1998, Brin served as co-president alongside Page until Eric Schmidt took over as CEO in 2001. Similarly, after founding Alphabet in 2015, Brin acted as the holding company’s president before stepping down in 2019 when Sundar Pichai took over as CEO.7374

Warren Buffett

Age: 91
Residence: Nebraska
CEO: Berkshire Hathaway (BRK.A)
Net Worth: $117 billion
Berkshire Hathaway Ownership Stake: 16% ($115 billion)
Other Assets: $1.13 billion in cash78

The most famous living value investor, Warren Buffett filed his first tax return in 1944 at age 14, declaring his earnings from his boyhood paper route.79 He first bought shares in a textile company called Berkshire Hathaway in 1962, becoming the majority shareholder by 1965. He expanded the company to insurance and other investments in 1967. Now, Berkshire Hathaway is a half-trillion-dollar company, with a single share of stock (Class A shares) trading at more than $477,000 per share as of Jan. 18, 2022.

Steve Ballmer

Age: 65
Residence: Washington
Owner: Los Angeles Clippers
Net Worth: $111 billion
Microsoft Ownership Stake: 4% ($101 billion total)
Other Assets: Los Angeles Clippers ($2.63 billion private assets), $5.03 billion in cash87
Steve Ballmer joined Microsoft in 1980 after Bill Gates convinced him to drop out of Stanford University’s MBA program. He was Microsoft’s 30th employee. Ballmer went on to become CEO of Microsoft in 2000, taking over the position from Bill Gates. He held the position until he stepped down in 2014. As part of his tenure, he oversaw the 2011 purchase of Skype for $8.5 billion.88

Ballmer owns an estimated 4% of Microsoft shares, making him the largest individual shareholder of the tech company. In 2014, shortly after stepping down as Microsoft CEO, Ballmer purchased the L.A. Clippers basketball team for $2 billion.87

Larry Ellison

Age: 77
Residence: Hawaii
Co-founder, CTO, and Chair: Oracle (ORCL)
Net Worth: $107 billion
Oracle Ownership Stake: 40% ($71.3 billion)
Other Assets: Tesla equity ($15.5 billion public assets) and $17.2 billion in cash90
After dropping out of the University of Chicago in 1966, Larry Ellison moved to California and worked as a computer programmer for several companies over the years. First, in 1973, he was an employee of the electronics company Ampex, where he met future partners Ed Oates and Bob Miner. Three years later, Ellison joined Precision Instruments, serving as the company’s vice president of research and development.

The Bottom Line


“Every morning I wake up and see if I’m on the Forbes list of the richest people. In not, I get back to work.”

13 Beginner-Friendly Online Jobs That Pay $50K+ Per Year (Work from Home)

If you’re looking for a career that offers a great work-life balance or one where you can enjoy the peace of working from home, there is no better option than online jobs! 

All you need is an internet connection and a computer to get started. Work when you want, as much as you want, and set your own schedule. Plus, the initial investment is minimal.

Entry-level jobs are everywhere which means you’re likely to find something that fits your preferences, skillset, schedule, budget, etc. That being said, some online jobs have more earning potential than others so it’s good to do your research before getting started.

That is why today, we’ll introduce you to 13 of the most popular online jobs for beginners with the highest earning potential. Each career offers opportunities for advancement and growth which means they are not just a temporary source of income.

So, if you’re considering making money online, but don’t know where to start, we hope this article will help!

Best Full-Time Online Jobs for Beginners

You will not only be able to cash in on your skills and start earning fast, but these top online jobs also offer high demand with a low supply of talented individuals.

1. Voiceover Artist

Do you have a smooth, deep voice that can be sultry and enticing or professional and informative? It’s time to discover how much you could earn as a voiceover artist! You can earn as much as $500 or more for a single job. Plus, the demand is constantly increasing because of the continuously growing online market, which means this is a career with unlimited earning potential.

As expected, you’ll need some type of equipment to make money as a voiceover artist. You can either invest in a USB microphone or headset, or you can sign up for a free trial with an online service like Voices.com or Voices Pro — both of which offer great starter packages at a reasonable price.

It is a fun job that can be done from home and can be very lucrative if you are good at it. 

2. Dropshipping

Dropshipping is a relatively new concept where you can buy products from a larger retailer and sell them for a higher price, but only have to pay for the product once it has been sold.

There is no limit to your earning potential in this industry because many people are making six-figure bonuses each month. The best part is that it doesn’t require much money to get started in this industry. 

You’ll need a couple of thousand dollars to list your products and some marketing skills, but beyond that, it will be fairly easy to meet your goals.  

Shopify is one of the most popular dropshipping platforms. Shopify dropship stores earn an average of $1267 per day.  

3. Video Editing and Production

If you’ve always enjoyed making and editing videos, and know how to do it creatively, this is a great online job for you to break into the world of work from home.

You will be in charge of making videos for clients, so you must have a good background knowledge of most of these editing tools and software.  You should also have extensive experience in video production.

Once you get the hang of things, feel free to establish your own rates and work on your own time–outside the office, of course. Most of these online jobs require you to be at your computer for a specified number of hours, but it doesn’t have to be strict.

You can even offer your talents on Fiverr or Upwork where you’ll make $100-$500 per video (or more if you’re really skilled).

If you are a complete beginner to video editing, there are plenty of online training courses out there that will teach you the basics.

 So, if this sounds like something you want to try, you can get started right away on places like Udemy and even YouTube.

13 Beginner-Friendly Online Jobs That Pay $50K+ Per Year (Work from Home)

4. Online Tutoring

Are you passionate about teaching others? This is an excellent online job for you. The demand for online tutors has increased significantly over the past decade with the number of students who would rather learn from a teacher in another part of the world, than at their local school.

Most online tutors work for an hourly rate, but the pay varies depending on age and grade level. For example, you can make $16-$22/hr tutoring 21+ students on middle school math. 

Not only is this a great way to make money from home, but you’ll also have the chance to meet and interact with a variety of different people. This is particularly great for those that are introverted or shy, as you’ll be able to work on your own time and on your own terms.

5. Stock Photography

If you’re good at taking pictures and have an artistic eye, this might just be the job for you. Teaching is also great if you know a lot about a specific topic and would like to share your wisdom with others, but stock photography is a great way for artistic and creative beginners to earn money using their talent.

Many sites will allow you to upload your pictures and share them with others. You can earn anything between $5 and $120 for each picture, depending on how good it is.  You can also earn money every time someone licenses your image.

Since there’s a huge demand for good photos, you’ll have no problems finding work. If you’re new to the online world of stock photography, try to upload at least 10 photos a day and, once you feel like you’ve honed your skills and mastered the art of taking great pictures, apply to some agencies like iStockPhoto or Shutterstock.

6. E-Commerce Store And/Or Amazon FBA

If you know how to create e-commerce stores or have a knack for finding great deals on Amazon, you can absolutely make a high salary from this career. These two skills can be combined and leveraged to create a powerful business model that’s both rewarding and lucrative. 

There are many e-commerce software platforms that you can use to create a beautiful online storefront, and then put your products on Amazon.com to start selling. 

The great thing about Amazon is that you don’t need to research products, create your own website, or buy any inventory. You just find hot-selling items from Amazon’s own website, buy them at a discount from wholesalers or manufacturers, and then list these products for sale on Amazon.

7. Freelance Writing

Freelance writing is one of the most popular online jobs worldwide. Individuals and businesses will always need well-written content which is why it will never go out of style.

You can choose to invest in a professional writing website or simply create an account and start applying for jobs on freelance writing websites like Fiverr and Upwork.

To make it worth your while, find a niche or topic you are passionate about and do some research. When you write about subjects you’re interested in or that help solve a problem, you will become more motivated and likely to sell your services for more money.

If you’re not sure where to start with freelance writing, check out Udemy to enroll in an online course that will teach you everything you need to know.

8. Search Engine Optimization (SEO)

This is one of the highest-paying online jobs for beginners. If you have a knack for researching keywords, optimizing content, or writing engaging titles, then SEO could be your ticket to the top.

You can start a career as a freelancer and work from home, or you could find a full-time position at a company that focuses solely on SEO.

To become an expert, you should enroll in one of the many courses available on Udemy or other online education websites to learn how to do it yourself.

9. Social Media Managers

Businesses, organizations and other companies use social media to connect and engage with their current and potential customers, promote their brand and products or share interesting content.

As a social media manager, you will be responsible for managing the company’s presence on social networking websites such as Facebook, Twitter, Pinterest, etc. You will also be required to develop engaging campaigns that get people talking about the firm online.

For an entry-level position, you typically need to have a thorough understanding of the main social media networks and how to use them for marketing purposes. You also need good communication skills to interact with others online.

In addition to this, it’s helpful if you have some knowledge of social media tools such as Hootsuite and Sprout Social. Depending on your level of experience, you can earn anywhere from $25K to $75K per year.

10. Coding (Developing and Programming)

Coding is a great opportunity to get into technology and learn something new. It’s also a high-paying job that generally requires only a few years of training or relevant experience.

In addition to understanding how technology works, a great coder is extremely detail-oriented and has a creative eye for creativity and problem-solving.

Many popular websites, mobile apps, games and other useful software are developed using coding languages such as Javascript, C++, C#, Java etc.

 You can enroll in a coding boot camp and learn everything you need to know in a few months and use this skill as your ticket to the six-figure salary. Once you’ve mastered the basics (e.g., HTML, CSS, Javascript), you can explore more languages and tools to specialize in a particular area.

Depending on your skillset, you can earn anywhere from $40/hr to $130/hr.

11. Graphics Design

Graphics designers are in high demand because they are responsible for the visual appeal of everything. This includes corporate logos, product labels, brochures, business cards, magazine ads, movie posters etc.

A lot of companies are looking for fresh, modern designs that make you stand out before the others which is why this type of work can be extremely rewarding.

Since the job requires both creativity and technical skills, there are very few individuals who can successfully do it. For this reason, graphic designers enjoy a high level of job security and excellent earning potential.

Depending on your level of experience, you can expect to earn between $20/hr and $250/hr.

12. Website Design

A website is a business’s online presence and its chances of success are dependent on how attractive, intuitive, and easy-to-use it looks. As a result, many companies are looking to hire a dedicated web designer who can improve their online presence.

You might not necessarily need coding skills to design a website, there are programs like Elementor, Instabuilder, etc. that make it really easy to create a professional-looking website without any coding knowledge.

However, it’s still helpful if you know some basics as this can help you make it more visually appealing. 

Fiverr and Upwork are great marketplaces to sell your services as a website designer. You can earn anywhere from $20/hr to $100/hr.

13.  Sales Copywriting

A sales copywriter writes content for promotional material such as website copy, brochures, email blasts, and advertisements.

As a result of this, they are responsible for writing copy that persuades people to take a certain action like buying a product or avail of a service.

 As a Copywriter, you will be given several guidelines from the employer to which you will have to refer to while writing. In most cases, you can expect a job as a sales copywriter to involve a lot of reading and analyzing, as well as strategizing and creating content.

Entry-level positions usually require you to have some copywriting experience and a portfolio that demonstrates your writing skills. You should also have an excellent command of the English language, especially if you’re working online.

The average pay for a sales copywriter is around $30/HR for entry-level pay and up to $100/HR for top earners.

Conclusion

The above are some of the best online jobs for beginners that pay at least $50,000 per year. Some of these opportunities may be more appropriate to certain individuals than others, but all have their own set of perks and rewards. If you’re looking for a new career path or want to make some extra money on the side while keeping your day job, or even using it as a full time job, anyone listed could work for you!