Despite the wealth of information available at our fingertips thanks to the internet, there is still immense value in attending in-person courses, no matter what skill you’re trying to get better at. You get to clarify doubts that you have on the spot, the trainer could see what areas you seem to have difficulty in and help correct your mistakes, and you get to network with a like-minded group of fellow learners, just to name a few.
In the world of investing, there are many courses available, covering a range spectrum of topics and at various skill levels. Whether you’re a beginner investor who wants to learn the basics or a veteran who wants to expand your skillset, the right investing course can help you quickly level up. On the flip side, attending an investing course that doesn’t fit you or is of poor value could end up being a huge waste of time and money.
If you’re planning to sign-up for an investing course, here are some factors to help you decide which course is right for you.
#1 Look Up The Trainers
The type of speaker or trainer is obviously key. Choose wisely and a suitable trainer can be the right teacher to help you avert misinformed investment choices.
Research the credentials and background of your trainer. For instance, a trainer who has years of experience in successfully training and mentoring other investors may be more suitable than one who just holds paper qualifications in trading.
Courses are usually taught by trainers with highly varied backgrounds. They can be ex-fund managers, accredited investors or even experienced practitioners with years-long successful track records. Understand what their different backgrounds entail and be thorough about checking their performance history.
Knowing your speaker or trainer’s background can help you decide on the right mentor to guide you and your hard-earned money to your investment goals, and not throw your dollars to pure luck and guesswork.
#2 Find A Course That Fits Your Schedule
If you’re a 9-5 worker, it’s unlikely that a 5-day trading boot camp will be the most suitable course for you to attend because of time constraints. An evening course or 1-or-2-day weekend course might be all you can commit to.
Find a course that suits your current lifestyle. If you are especially keen on an accelerated course, know exactly what the course is offering before investing your time and money.
At the same time, not all courses are offered at the same intensity and pace. It’s best to sign up for a course that you can keep up with based on your learning pace and schedule so you can make the most out of it.
#3 Know What You Want To Learn
The more advanced a course is, the more likely it is to cost more.
If you are a rookie investor, start off with basic or free courses that may be sufficient to provide you with the knowledge you lack.
If you have some experience in investing or are looking to specialise, consider paid courses which may offer you exclusive material, one-on-one mentorship, or even an invitation into a community of investors to further accelerate your investment learning.
The cost of your investment course should not be the deciding or deterrring factor. Find an investment course that fits what you are looking for, and one that meets your learning needs at the level you are at.
#4 Know How You Learn Best
Do you learn from reading up and watching instructional videos? Is it better for you to have a mentor to guide you step-by-step? Or, do you prefer doing a series of mock trials before making your own investment decisions?
Knowing how you learn best can help you identify the most suitable training for you to reap the most benefits.
#5 Access Available Material Beforehand
If you’re attending the course of a prominent investor or recognised investing teacher, it is quite likely that they have some content accessible online for free.
Read the books or available material of a potential investing teacher or speaker. Reading ahead is a great idea to test if a course is suitable for you. You may develop a stronger interest in learning more after realising that the trainer’s investing style resonates with you or suits your needs.
Or, you may be able to get more out of your course since you can come prepared with more pointed and specific questions to ask.
Accessing available material ahead of signing up for a course gives you clarity on what to expect, or shed light on a potential mentor’s training methods, which is valuable in helping you make an informed decision.
Decided On A Suitable Investing Course?
Choosing an investment course appropriate to your needs and goals can make a world of difference in your growth as an investor. Ideally, you should only commit to one within your means – time, money and learning pace – as well as your current stage as an investor.
Who knows, the course you want may be eligible for subsidies and claims. Some paid courses may be SkillsFuture approved, or you might be able to claim under your company’s learning and development fund.
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