How to Gain Basic Knowledge of the Financial Markets

By Jenna Rae

Apr 14, 2019

When dating affluent men, it is essential to have some basic knowledge of the financial markets. All these men hold multiple investments, and they may count for a large portion of their wealth portfolio. You will hear this topic come up often, whether it be in direct conversations with him, at social gatherings, recreational events or private member clubs. You don’t need to be a market expert, so read on to find out how you can gain basic knowledge of the financial markets.

Add a News Theme Pack to Your TV Channels

This is my favorite way to keep up on the markets with the least amount of effort. You can have market news on in the background while you get ready, tidy up or prepare a meal. You don’t need to keep track of the markets every day, but you should be aware of major market events.

My favorite market news channel is CNBC (Consumer News and Business Channel). The best programs are on during the daytime when the US markets are open. I highly recommend watching Jim Cramer, host of Mad Money, which airs in the late weekday afternoons. He talks about stock picks, market analysis and investment strategies all in an entertaining, easy to understand way.

When you feel you have an understanding of US markets, check in on the programs that cover the markets in Europe, Asia and Australia to expand your knowledge.

Read Books and Follow Social Media to Gain Basic Knowledge of the Financial Markets

The more you expose yourself to this topic, the more knowledgeable you become. There are hundreds of authors who write about the markets but as I mentioned above, Jim Cramer is an amazing coach on this topic. He gives down-to earth-advice in a way even beginners can understand. Try requesting some of his books from your local library (at no cost to you!) His most recent book is “Get Rich Carefully” where he explains how to turn your money into long-lasting wealth in a practical and careful way. I love following fashion, beauty and travel social media influencers as much as you do, but try adding a financial influencer to the mix. Along with 1.1M others, you can follow him at https://twitter.com/jimcramer.

Take an Investment Course (or Two)

Most major colleges and universities offer courses on investments or financial management, and sometimes you don’t have to be enrolled in a program to register. Some of these courses are even offered online. If you are a current student in a non-business degree program, this is the perfect opportunity to see if you can take a few business courses as electives and get credit toward your degree. Instead of taking another English class, see you if you can get approved for a business course instead. And don’t be shy to ask for financial help to fund your education – this is something affluent men will always say yes to.

It’s important to note that high society isn’t all about beauty and looks; it’s just as important to constantly improve your mind as well as your body. Knowledge is power, and don’t be afraid to ask lots of questions. Affluent men love to elaborate on this topic, however basic you think your question may be. They will be impressed you are taking an interest, and this knowledge will be worth gold to you when it comes time to make your own investments!