[Medical Professionals x Money #164] Don't just get the fish, learn how to fish. What I want to value in SNS investing
"I'm buying this stock right now!"
When you look at social media, attractive stocks flow by one after another.
High-dividend stocks, growth stocks, shareholder benefit stocks.
Information like "this stock will go up" or "now is the time to buy" is also easily obtained.
When I first started investing, I was also curious about the stocks introduced on social media.
"If this person is buying it, maybe I should buy it too."
That happens sometimes.
However, as I continued to invest, my way of thinking gradually changed.
Isn't it more important to learn how to fish rather than just being given a fish?
That is because I started to think that way.
Look at "judgment criteria," not "stocks"
There are reasons unique to each person for the stocks introduced on social media.
Low P/E ratio
High dividend yield
Growing business performance
Stable finances
But that doesn't necessarily mean it's a stock I should buy too.
This is because investment goals, income, asset status, and risk tolerance are different for everyone.
That is why I believe that
having judgment criteria like "why I am buying this stock" is more important than "buying this stock."
is more important.
For me, I first decide on "conditions"
For example, for high-dividend stocks:
How much is the dividend yield?
Is the dividend payout ratio at a reasonable level?
Is the business performance stable?
Is it likely that dividends can be maintained or increased?
Are there any problems with the financial situation?
Is it overvalued?
Is it an industry necessary for my portfolio?
I decide on these conditions for myself.
Then, even if someone introduces "XX stock is interesting" on social media,
I can judge for myself whether to "buy or not buy."
I don't buy it because it was introduced, but
I buy it because it meets my conditions.
I think this difference is significant.
Social media is "teaching material," not the "answer"
I do not intend to deny social media as a source of investment information.
On the contrary, it is very educational.
I can learn about companies I didn't know about, and I can also see what other investors are looking at.
However,
I think it is important to learn "why that person made that judgment" rather than just using "someone else's answer" as it is.
I think this is important.
"I bought this company because it has a 5% dividend yield"
When I see a post like that,
"Why is 5% attractive?"
"Are the profits stable?"
"Can this dividend be maintained in the future?"
I try to look it up myself.
If I do that, I can gain a lot of knowledge from a single stock.
In the end, judge your own money yourself
What is scary about investing is not just losing money.
I also think it is scary to become unable to make judgments without someone else.
"I'm buying because Mr./Ms. XX bought it"
"I'm selling because Mr./Ms. XX sold it"
If you do this, it will never become your own investment.
If you have your own judgment criteria, even when the market moves significantly,
"Is the reason I bought it falling apart?"
you can think about it.
Studying money is the same.
"What is the recommended NISA?"
"What is the recommended insurance?"
Instead of looking for someone else's answer like this,
I want to acquire the knowledge to judge "what about in my case?"
If you are given a fish, you can eat fish that day.
But if you learn how to fish, you can catch fish yourself.
Investing is the same.
Instead of receiving "stocks" from social media, learn "ways of thinking" and "judgment criteria" from it.
And in the end, judge your own money with your own head.
Learn how to fish rather than being given a fish.
I would like to continue investing like that from now on.