Financial Literacy: Securities Market and Stock Investing
Description
This subject develops advanced competency in stock market analysis, fundamental valuation, sector dynamics, and security selection. It covers stock fundamentals (earnings, dividends, growth), valuation metrics (P/E ratio, dividend yield, PEG ratio, book value), fundamental vs. technical analysis, company competitive advantages (moat analysis), sector analysis and rotation, market cycles and timing, and investment strategies (value, growth, dividend, defensive). Understanding securities markets enables sophisticated investment in equities for long-term wealth creation.
Learning Objectives
Upon successful completion of this subject, learners will be able to: (1) understand stock fundamentals (earnings, dividends, growth), (2) evaluate stocks using P/E ratio and valuation, (3) assess dividend sustainability and growth, (4) understand PEG ratio and earnings growth, (5) distinguish value investing from growth investing, (6) analyze company competitive advantages, (7) evaluate fundamental vs. technical analysis, (8) conduct sector analysis, (9) understand market cycles and timing, (10) develop investment thesis for stock selection, (11) assess portfolio diversification across sectors, (12) implement disciplined stock investing.