How to read financial statements to determine if the stock is good? Any advice/textbooks/books to recommend?

What personal finance materials to recommend?

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Dave Loh

02 Dec 2020

Hi there!

You can watch this video:

What to look for in financial statements of companies you are considering to invest in
https://youtu.be/lBBXmim527A

I find that it is a great illustration and simple to understand.

Hope you find it useful!

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Sudhan

02 Dec 2020

Hi anon, you can check out "How to Read a Financial Report : Wringing Vital Signs Out of the Numbers" by John Tracy.

It's a book I read to get me started on understanding financial statements. It really drills down on how the three different statements are connected.

You could also check out Seedly's guide on reading financial statements at https://blog.seedly.sg/ultimate-personal-financ.... Other investing books that might help you can be found here: https://blog.seedly.sg/beginners-investing-books/

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WYSW

02 Dec 2020

(1) revenue i.e topline + 5-year trend

(2) net profit i.e bottomline + 5-year trend

(3) dividends ...

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Are there any websites or youtube videos which are good to learn how to read financial statements when looking at undervalued stocks?

Any good low cost, low expense, good returns, safe broad based eTF to recommend for monthly dca over 10 years, preferably tradable on US stock exchange? Not robo-advisor please as the costs are high.

I have some SGD15K sitting in my OCBC360. Can I do stocks with this amount of capital? Any good recommendations for brokers? I'd like to buy US stocks!

1) Why does it matter what the open/high/low price of a stock is? 2) How should we view p/e ratios? Higher ratio = we should invest? 3) Any good resources on how to read stock charts?

For layman on the street who doesn't know how to read financial statements, how to avoid another Hyflux type of incident? ?

Are there any websites or youtube videos which are good to learn how to read financial statements when looking at undervalued stocks?

Any good low cost, low expense, good returns, safe broad based eTF to recommend for monthly dca over 10 years, preferably tradable on US stock exchange? Not robo-advisor please as the costs are high.

I have some SGD15K sitting in my OCBC360. Can I do stocks with this amount of capital? Any good recommendations for brokers? I'd like to buy US stocks!

1) Why does it matter what the open/high/low price of a stock is? 2) How should we view p/e ratios? Higher ratio = we should invest? 3) Any good resources on how to read stock charts?

For layman on the street who doesn't know how to read financial statements, how to avoid another Hyflux type of incident? ?