While the episode talks about ways to increase your income, the reason this is a favorite is because of the mindset nuggets that are spread along the way
If you buy stocks, you MUST learn how to read a Cash Flow Statement.
Here’s everything you need to know:
The cash flow statement shows how cash moves in and out of a company over a period of time.
The most common time periods are:
▪️1 Quarter
▪️1 Year
▪️Year-to-date (usually 6 or 9 months)
The time period is at the top. Here's $NFLX recent cash flow statement time period.
Some companies show the cash flow statement in their earnings press release, but many don’t.
You can find the cash flow statement by looking at:
▪️10-Q (Quarterly Report)
▪️10-K (Annual Report)
▪️Fnancial aggregators such as @theTIKR, @CMLviz, @themotleyfool, @YahooFinance