đź’¸ Series 2 Day 7: Building Your First Stock Watchlist

In partnership with

Today’s Headline

đź’¸ Series 2: Stock Market Basics

Day 7: Building Your First Stock Watchlist

When I first started investing, I felt overwhelmed by how many stocks were out there. Hundreds of tickers. Thousands of companies. Everyone seemed to be talking about different “hot picks” every week. I didn’t know where to start or how to keep track of what was worth watching.

That’s when I discovered the power of a stock watchlist.

A watchlist is like your personal radar — it helps you monitor potential investment opportunities without needing to buy anything yet. Think of it as your shopping list before going to the grocery store. You don’t buy everything right away, but you know what to look for and what to keep an eye on.

💸 Stop Leaving Money on the Table — Here’s How Smart Creators Are Cashing In

If you’re in the game of building wealth, you already know this: every extra dollar matters — especially passive ones.

Levanta is disrupting the affiliate marketing space by helping brands and creators optimize and explode their affiliate revenue.

It’s not just another ad platform. It’s a tool that’s helping financially-savvy creators and marketers turn content into cash — at scale.

And if you're not using it, you're already falling behind.

👉 Click here to see why top earners are shifting to Levanta

The 7- & 8-Figure Seller’s Secret to Holiday Growth

The holiday rush is almost here. Are you ready to make this your best Q4 yet?

Top sellers already have their playbook. Lucky for you, we created one for you.

Inside our free guide, 7- & 8-Figure Seller’s Q4 + Holiday Playbook, you’ll find critical insights and actionable strategies designed to help Amazon brands and agencies win the busiest season of the year.

Here’s what you’ll come away with:

  • Which promotions actually move the needle (and when to run them)

  • Inventory + pricing strategies that protect profits during peak events

  • Advanced ad tactics across Sponsored Products, Brands, Display, and DSP

  • Off-Amazon traffic strategies to boost sales and rankings

  • Pre-, during-, and post-event checklists for smarter execution

Q4 and the holiday shopping season are right around the corner. Don’t miss your chance to get ahead.

Why a Watchlist Matters

Having a watchlist helps you stay focused. The stock market moves fast, and it’s easy to get distracted by headlines or social media hype. But when you have a well-prepared list, you already know which companies interest you and why.

Here’s what a good watchlist does for you:

  1. Keeps You Organized: Instead of chasing random stocks, you have a plan.

  2. Saves Time: You only track the companies that fit your goals.

  3. Improves Decision-Making: You’ll notice patterns and opportunities faster.

  4. Builds Confidence: When you understand the stocks you’re watching, you’ll make smarter moves when it’s time to invest.

Step 1: Decide Your Investment Goals

Before you build your list, you need to know what kind of investor you want to be. Are you looking for growth? Dividends? Long-term stability?

For example:

  • If you want steady returns, you might prefer large, stable companies like Coca-Cola or Johnson & Johnson.

  • If you’re chasing high growth, you could watch tech names like NVIDIA or Shopify.

  • If you want dividend income, you’d keep an eye on companies that pay regular dividends, like Procter & Gamble or PepsiCo.

Knowing your goal helps filter out distractions and focus only on stocks that align with your purpose.

Step 2: Pick Reliable Companies

When I choose stocks for my watchlist, I look for businesses that I actually understand. You don’t need to be an expert in everything — just focus on companies whose products or services you use or recognize.

Here’s a simple guideline:

  • Do you understand what the company does?

  • Is it making money consistently?

  • Does it have strong leadership?

  • Is it part of a growing industry?

If the answer is “yes” to most of these, it’s worth adding to your list.

I like to start with blue-chip companies — big, reliable names with strong track records. They may not double overnight, but they rarely disappear.

Step 3: Organize Your Watchlist

Once you have a few names in mind, organize them into categories.

Here’s how I break mine down:

  1. Blue-Chip Stocks – Reliable companies with consistent earnings.

  2. Growth Stocks – Fast-moving companies with high potential.

  3. Dividend Stocks – Those that pay you regularly for holding them.

  4. Speculative Picks – Smaller or riskier companies I’m curious about but not ready to invest in yet.

By dividing them into groups, you can balance safety and opportunity. It also helps you compare companies within the same category easily.

Step 4: Track Key Metrics

Now that you have a list, the next step is knowing what to watch for.

Here are some important metrics:

  • Price-to-Earnings (P/E) Ratio: Tells you if the stock is expensive or cheap compared to its profits.

  • Dividend Yield: Shows how much income you get from dividends each year.

  • Revenue Growth: Measures how fast the company is growing its sales.

  • Debt Levels: Too much debt can be risky.

  • Earnings Reports: Every quarter, companies update investors on their performance.

I don’t recommend getting lost in complicated numbers. Just track a few key data points to understand whether the company is improving or struggling.

Step 5: Set Alerts

One of my favorite tools as an investor is setting up price alerts. Most trading platforms or financial apps allow you to do this.

For example, if you’re watching Apple and you think it’s a good buy at $160, you can set an alert for that price. When the stock reaches that level, you’ll get a notification.

This way, you don’t have to stare at the screen all day. You can live your life — and still catch opportunities at the right time.

Step 6: Review Your Watchlist Regularly

Markets change. Companies evolve. And your goals might shift over time. That’s why I review my watchlist every month.

Ask yourself:

  • Are these still companies I believe in?

  • Have any new opportunities appeared?

  • Should I remove any that no longer fit my goals?

Keeping your watchlist updated ensures you’re always aligned with your strategy. It’s like cleaning your room — things feel clearer and easier to manage once you tidy up.

Step 7: Don’t Fall in Love With Any Stock

This one is important.

When you spend a lot of time watching certain companies, it’s easy to develop emotional attachments. You start to “root” for them, like your favorite sports team. But remember — investing is not about loyalty. It’s about logic.

Even the best companies can face tough times. If the fundamentals weaken, don’t be afraid to remove them from your list. A watchlist is meant to serve you, not the other way around.

Step 8: Learn From Patterns

Over time, you’ll start noticing how different stocks move. Some rise steadily, others swing wildly. You’ll see how earnings reports or global events affect prices.

This is where experience builds confidence.

For instance, I’ve seen that when a company consistently beats its earnings expectations, its stock often climbs afterward. On the other hand, when a company misses forecasts or gets into legal trouble, the price tends to drop.

Your watchlist becomes your personal classroom. The longer you observe, the better you’ll understand how markets behave.

Step 9: Don’t Rush to Buy

Just because a stock is on your watchlist doesn’t mean you must buy it right away. Think of it like window shopping. You’re learning, observing, and waiting for the right moment.

In fact, some of my best investments came after watching a company for months. I waited for the price to drop or for their earnings to confirm steady growth. Patience pays off.

As Warren Buffett said, “The stock market is a device for transferring money from the impatient to the patient.”

Step 10: Keep It Simple

You don’t need 100 stocks on your watchlist. Start with 10 to 20 companies. Focus on quality over quantity.

Too many names can lead to confusion and stress. Remember, the goal is to stay organized — not overwhelmed.

When you’re confident and experienced, you can expand your list. But for now, simplicity wins.

My Personal Tip

I keep a small notebook for my watchlist ideas. Whenever I read about a promising company, I jot down its name, what it does, and why it caught my attention.

Later, I research further and decide if it deserves a spot on my digital watchlist. Writing things down helps me think clearly and remember why I added each stock.

Takeaway

Your first watchlist is more than just a list of tickers. It’s your first step toward intentional investing. It teaches you discipline, observation, and patience — three traits every successful investor needs.

By building your watchlist thoughtfully, you’re already ahead of most beginners who jump into the market blindly.

So start small. Pick companies you understand. Track them regularly. Learn their stories. Over time, you’ll begin to see patterns and opportunities that others miss.

Final Takeaways

The market rewards those who prepare — not those who react.

Your watchlist is your preparation tool. It’s your compass in a sea of information. So treat it seriously. Review it often. Update it when needed.

And most importantly, stay curious. Every stock you study adds to your financial wisdom.

Call to Action

If you haven’t started your watchlist yet, start today. Open your notes app or grab a notebook and write down five companies you’re genuinely interested in. Then, commit to tracking them for the next 30 days.

By the end of the month, you’ll know which ones you truly understand — and which ones belong in your future portfolio.

Remember: every successful investor began with curiosity and a simple list.

Now it’s your turn to build yours.

[Live Life Grow Wealth]

🎓 Free Masterclasses to Unlock Your Investment Potential
Take your money skills to the next level with expert-led workshops designed to help you grow smarter and faster.

Recommendations Section

Investing With Brandon Alpha ReportInvest Like A Millionaire In Under 5 Minutes!
Whales Investing
Investment Intelligence
Investing JournalJoin 32,000+ readers becoming a better investor in just 5 minutes. Bitesize market-moving news, summaries and links from the world of investing, three times a week.

DISCLAIMER

I make no representations, warranties, or guarantees, whether expressed or implied, that the content provided is accurate, complete, or up-to-date. Past performance is not indicative nor a guarantee of future returns.

I am an individual content creator and not regulated or licensed by the Monetary Authority of Singapore (MAS) as I do not provide investment services.

All forms of investments carry risks, including the risk of losing your entire invested amount. Such activities may not be suitable for everyone. You are strongly encouraged to seek advice from a professional financial advisor if you have any doubts or concerns.