Kim Kiyosaki wrote in Rich Woman that the first step to understanding investing is to get educated. She also said that women shouldn’t be afraid to look stupid while learning about investing. Well, I don’t know if anything I write here on my observations on investing will be at all meaningful, but I hope that it will help me internalise what I’ve learned and take me one step closer to attaining financial freedom. Since this is the method I’ve often used in the past to learn about new subjects and it has worked for me on numerous occasions, I can only presume it will be the same for the subject of investing.

I haven’t read any newspapers for the last two days since we don’t buy the papers, so I decided to tune into Market Watch on Astro this morning while I ate breakfast. I can’t really say I find the stock market very interesting but I am determined to get the hang of this, so even if I find it boring, I’d better start listening to what’s happening.

I had some errands to run so I only caught about half an hour or so of the program. It doesn’t sound like the market is doing very well. The Japan, Korean and Australian markets were all down. Apparently Sanyo had a battery recall which certainly didn’t bode well for them and the company that produces their batteries (the name of which eludes me presently). There was also something about an aeroplane company but I missed it because I went to the bathroom. As for the Australian market, zinc and copper were down so I guess the mining boom might be tapering off.

I’m afraid that’s about all I caught today. I will try to pay more attention tomorrow. All I can say is that at least this feels more meaningful than reading the newspapers about silly remarks from politicians and religious issues…