What I Read, What I Pay For, Who I Follow and How to Get Started Investing

There are so many new daily blog subscribers, so first of all welcome everyone.

One question I keep getting asked is about my routine and what I read so let me use this post to try and gather as many of my lists as possible.

You can always search my archives.

For my daily work I rely on always the latest iPhone and the very newest Mac Air. I am loving my new Air and the large iPhone. I have a desktop but never use it.

On the free side, not much has changed since 2013 when I blogged my FREE reading list.

I try a lot of products and talk to a lot of founders which really is a substitute for reading I would do otherwise.

Prices tell me so much and so I look at thousands of prices and charts everyday.

I rely on Techmeme and Nuzzle for technology news and links. My partner Gary pays for The Information.

My Stocktwits mobile notification follows (people that burst onto my screen). I think the right 20 people will get you all the market content, news and idea generation you will ever need.

Robinhood – I have a portfolio with all my main positions so it serves as a great mobile notification engine for big price moves and earnings calls.

Koyfin is my new favorite markets dashboard.

All-time high lists (on Stocktwits @361capital posts these all the time).

I love the end of day, daily email from Stocktwits called ‘The Daily Rip‘.

My short list on Twitter (I do not use mobile notifications or lists but I might start again – mostly financial media)

@reformedbroker
@stocktwits
@charliebilello
@morganhousel
@irrelevantinvestor
@jposhaghnessy
@rampcapital (laughs)

I took the plunge just today to pay for The New York Times. They don’t need me as a subscriber and I do not like most of their opinion and adtech tracking, but I am so pissed at The White House attack on facts and free press that I want to pay. I like Josh’s thoughts on viewing this as his favorite tax.

Other subscriptions (very affordable) I pay for:

Ben Hunt’s Epsilon Theory.

Ben Thompson’s Stratechery

As for idea generation and trading mentorship…I pay up for that.

I am lucky that some of my friends give me free access to their premium products namely:

JC Parets (All Star Charts)
Chris Kimble (Kimble Charting)
Ivanhoff (MarketWisdom)
Marketsmith (charts, relative strength and momentum leaders) (use this code for my discount)

Now that Stocktwits has launched premium Rooms (group chats) I plan on spending $150/month for my favorite traders that set up there.

You have to spend money to make money.

I think you can get away with most financial information you need for free, but I am lucky to be able to pay for great content and mentorship as well.

PS – One other question I get asked all the time on Stocktwits and Twitter is …I am a new investor and/or trader how do I get started?

First – TURN off the TV.

Next…

Short answer here on my blog . Use the latest tools, keep the costs down, follow my lists above and pay for mentorship.

As for books, JC has a great list of the best technical analysis books.

Michael Batnick has a great list of the best investing books.

On the weekend both Joe Fahmy and Brian Shannon have great FREE weekend videos that wrap up the past week and look ahead at the next week. Try them.

As for podcasts – I do not yet listen to them. I want to get into a routine for creating and listening to podcasts and will update this post when I have a great list. A great place to start are the podcast archives of Patrick O’Shaughnessy and Barry Ritholtz’s Masters in Business.

Get a routine going and you will be surprised how fast you learn.


Also published on Medium.