Eureka! What it's about: Here’s the journey we’ve created for a newcomer. We’ve broken it all down in the simplest terms, in the most convenient definitions. We give you everything you need to learn the basics, the resources to open an account, and the confidence to buy your first investment. All on your own! Why it's important: Investing is awesome. It’s helped us reach our financial goals but we also felt the pain of trying to figure it all out and realized it doesn’t need to be complicated. So, we’re building a better way and sharing it with you. Key takeaway: You can do this. We’re just here to help.
Here is a quick rundown and a handful of lessons to try out so you know what to expect.
1 Learn the lingo 9 lessons
When it comes to investing, there are a lot of fancy words thrown around. First, we’ll help you get comfortable with the lingo and basic concepts so you can understand what experts are saying in the news, on social media, and on Archimedes.
Becoming an investor
You’ll learn what it means to be an investor, how it’s different from speculating, and bust some of the misconceptions about investing
https://app.getmedes.com/lessons/becoming-an-investor Speculating vs investing Speculating is often confused with investing. How can tulips and GameStop teach us the difference? Get the app https://app.getmedes.com/signup Commonly used words Let's step through some commonly used words in the world of investing. Get the app https://app.getmedes.com/signup The magic of compounding returns It's a mistake to underestimate the cost of time. How much are we missing out on when waiting to invest? Get the app https://app.getmedes.com/signup Opportunity cost We experience regret. How can Robert Frost help us make better financial decisions? Get the app https://app.getmedes.com/signup Consider risk The future is filled with uncertainty. How should we think about risk when investing? Get the app https://app.getmedes.com/signup Net worth Nicolas Cage is an award-winning Hollywood actor. What are some financial decisions that cause the biggest stars to fall? Get the app https://app.getmedes.com/signup Avoiding scams and jail We'll come across advertisements for easy profits or to be able to buy proprietary investing ideas. Are any of them legit? Get the app https://app.getmedes.com/signup Types of stocks With so many stocks to invest in, how do we choose? Get the app https://app.getmedes.com/signup 2 Open a brokerage account 7 lessons
Then, we’ll help you open a brokerage account. Opening up a brokerage account is a big deal, and there are many out there to choose from. While they each offer something unique, all of them give us access to the financial markets so that we can invest!
Brokerage accounts What is a brokerage account and why do we need one to start investing? Get the app https://app.getmedes.com/signup Picking a brokerage account
Finding the right one for your needs gives you a better investing experience -- from the account opening process and transferring money to buying and selling the investments you want.
https://app.getmedes.com/lessons/picking-a-brokerage-account Account opening process We're ready to open a brokerage account. What do we need? Get the app https://app.getmedes.com/signup Tax documents Investment income is taxable income. What should we expect at the end of every year? Get the app https://app.getmedes.com/signup Margin accounts We played on seesaws as kids. How can we make our money do more work with less effort? Get the app https://app.getmedes.com/signup How the financial markets function Buying and selling on Craigslist can feel sketchy. Here are all the players involved when we buy and sell investments. Get the app https://app.getmedes.com/signup Borrowing money How can I pay for something I need today even though I don't have enough money? Get the app https://app.getmedes.com/signup 3 Pick an ETF 7 lessons
Next, we’ll help you start slow with simple strategies and basic investments so you don’t feel like you’re in over your head or, even worse, risk losing all of your money.
Benchmarking and realistic expectations Creating goals and using strategies are important for success. How do we know if our strategy is working and how do we set reasonable expectations? Get the app https://app.getmedes.com/signup Passive investing
Discover the easiest strategy through passive investing, where doing less is more.
https://app.getmedes.com/lessons/passive-investing Mutual funds vs ETFs Mutual funds and ETFs are two very common investments. What is the difference and how do we know which one to go with? Get the app https://app.getmedes.com/signup Popular passive investments
Take a deeper look at ETFs vs Mutual Funds, why they’re a good starting point, and a few common ones to consider.
https://app.getmedes.com/lessons/popular-passive-etfs Picking dividend earning ETFs Building out an income or dividend portfolio creates a steady flow of cash. What are some good examples of dividends ETFs and how do we compare them? Get the app https://app.getmedes.com/signup Getting to know stocks What are stocks and why do investors buy or sell them? Get the app https://app.getmedes.com/signup Getting to know bonds Governments and companies can borrow money. How can we make it an investment opportunity? Get the app https://app.getmedes.com/signup 4 Buy an ETF 8 lessons
Once you have an account and pick your investments, you'll learn how to buy and sell them. You'll also learn some rules and taxes before you go crazy with trading. Otherwise, you're more likely to lose money from common pitfalls.
Timing the markets
Discover no one can predict the future and that waiting for the “perfect time” to invest is a rookie move.
https://app.getmedes.com/lessons/timing-the-markets Different types of orders
Learn about the different types of trade orders, how to place yours, and how long they take to process.
https://app.getmedes.com/lessons/different-types-of-orders Trade settlements We sold an investment. How quickly does it happen? Get the app https://app.getmedes.com/signup Capital gains taxes We are expected to pay taxes when we make money. What does that mean when we make money from investing? Get the app https://app.getmedes.com/signup Wash sale rule
Avoid being wiped out by the tax consequences of trading too frequently -- like the 30-year old who owed $800,000 in taxes despite only making $45,000 of profit from day trading!
https://app.getmedes.com/lessons/wash-sale-rule Limiting losses and covering bases We started buying stock for our portfolio and we anticipate a bumpy ride in the future. What can we do? Get the app https://app.getmedes.com/signup Short-selling We've heard of the movie "The Big Short." What is short-selling and does it apply to us? Get the app https://app.getmedes.com/signup The price is right What does “the market” mean? Who decides what the price of something is? Get the app https://app.getmedes.com/signup Get started! Personalized learning guides 170+ free interactive lessons Hours of fun gameplay Helpful product recommendations Download the app https://app.getmedes.com/signup What people are saying "Investing always seemed out of reach for me. Wall Street intimidated me and I didn't know where to start since I didn't know who to trust. With Archimedes and their goal oriented paths, I've become empowered to start investing. Looking back, I can't believe I felt that this was out of reach for me!" Valentina Mishkov "Absolutely loved the way this app is set up and learned a lot. Lessons are quick, keep your attention & are easy to comprehend. Would recommend for a novice/average investor looking to get more involved." Mia Raths "This is a great app for any absolute beginners to investing. Super relevant, bite sized lessons and a very responsive dev team" Allie Whitman
"😊😊😊 this app gave me a better perspective and made the thought of investing easier. Try it." Cierra Bailey