Learn Investing

Free guides to help you make smarter investment decisions

Getting Started

Value Investing 101: A Beginner's Complete Guide

Value investing has created more billionaires than any other strategy. Here is how it works and how

ETFs vs Individual Stocks: Which Should You Buy?

Both have a place in your portfolio, but they serve very different purposes. Here is how to decide.

7 Common Investing Mistakes (and How to Avoid Them)

Most investors lose money not because of bad luck, but because of avoidable mistakes. Here are the s

Valuation Basics

What Is Intrinsic Value? The Foundation of Smart Investing

Every stock has two prices: what the market charges and what the business is actually worth. Learnin

Margin of Safety: The Most Important Concept in Value Investing

Warren Buffett calls it the three most important words in investing. Here is why the margin of safet

How to Value a Stock: A Step-by-Step Guide

Stock valuation is not guessing or gut feeling. Here is a systematic approach anyone can follow to e

What Is a Discount Rate and Why Does It Matter?

The discount rate is the most important - and most misunderstood - variable in stock valuation. Here

Key Metrics

What Is a P/E Ratio? How to Use It Without Getting Fooled

The P/E ratio is the most popular valuation metric - and the most misused. Here is how to read it co

What Is EPS? Understanding Earnings Per Share

Earnings Per Share is the single number that drives most stock valuations. Here is what it means, wh

What Is Book Value? Reading a Company's Balance Sheet

Book value tells you what a company would be worth if it closed its doors today and sold everything.

Dividend Yield Explained: Getting Paid to Own Stocks

Some stocks pay you just for holding them. Here is how dividend yield works and whether income inves

What Is Market Cap? Understanding Company Size

Market cap tells you the total value the market assigns to a company. Here is why size matters and w

ETFs

How to Evaluate an ETF: 5 Factors That Matter

Not all ETFs are created equal. Here are the five factors that separate great ETFs from mediocre one