What is the most efficient way to learn how to invest while working full-time?

I just turned 26 years old and am Canadian. I've saved up $30,000 of cash that's just been sitting within my back account for far too long. I have zero bad debt. Additionally, I have 30% of equity within my home which has gone up by 60% since my point of purchase.

There's a number of thoughts racing through my head, I need to make my money work for me! As such, I've begun looking into various styles of investing that resonate with me. Namely, educated stock-market type investments at a discount. But to be quite frank, I feel like I need to know more and learn more. I'm very hungry for knowledge.

Without taking any sit-in classes, what is the "proper" way of learning about the wonderful concept of stock market investments? I'd imagine a building block type learning curve. I'm just struggling to properly organize my learning. I'm taking two steps forward and one step back in a sense.

Investing, Stocks
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April 2017

Learning how to invest successfully is a lifetime pursuit. Even seasoned investors have to continually learn what works and what doesn't, often through trial and error. Outside of the classroom, the best way to learn how to invest is to read. You say you're hungry for knowledge, so I suggest you begin with this list. While reading through those books, you should also use Investopedia's Stock Simulator. Finally, think about your network. Do you know anybody who invests? Maybe you know someone who owns property or who has been successful in the stock market. Meet with them and pick their brains. There might even be a group in your area for beginning investors.

Once you build up a solid base of knowledge, you'll start to feel confident in making your own investment decisions. Before you pull the trigger, though, it's probably a good idea to meet with an experienced financial advisor to discuss your ideas. If you want to work with an advisor, make sure you interview several candidates. You want to make sure that you and the advisor are a right match. You're young, and you have plenty of time to learn and invest. Don't stress yourself out about learning, though. Learning is one of the most enjoyable aspects of investing. Good luck!

April 2017
April 2017
April 2017
April 2017