This post first appeared on ProButterfly.com on 12-Dec-2017 and also on InvestingNote. It was written by our veteran community member, Tam Ging Wien, author of REITs to Riches: Everything You Need to Know About Investing Profitably in REITs.
We decided contribute to the InvestingNote community with an educational piece to demystify the 3 financial statements.
When read with begin with A…B…C…, when we sing with begin with Do… Re…Me…
That at least how the song lyrics go.
But when we want to understand and assess the financials of a stock, we need to begin with the 3 financial statements, namely:
Balance Sheet (or...