most people know how important investing
is to building wealth why does it seem
like so few people actually know much
about it we've probably all heard of
famous investors like Warren Buffett
who've made mind-boggling amounts of
money through a sound investing
technique but knowing this why does it
seem like 99% of the population has no
idea what to invest in or even where to
start learning about investing well I'm
here today to show you that investing
actually can be simple and so without
further ado here are my top five tips to
get started with investing with very
little money to start all right guys so
if you are new to the channel first of
all welcome to the strongest family on
YouTube and make sure you do tap that
little subscribe button if you like
learning about money and investing and
all types of things to you know grow
your happiness and fulfillment in life
talk about today is don't invest in what
you don't understand one of my favorite
ways to actually choose what type of
stocks or investments to put my money
into is I only ever invest in stocks or
companies that I literally can't imagine
my life without like Amazon like Google
like these companies that you literally
couldn't even imagine not existing like
how would you get all these products
delivered to your door in two days
without Amazon how would you actually
search through the whole you know
world's information in all of history
without Google organizing and so I only
invest in companies that I personally
understand and that I personally
couldn't imagine my life without and so
just because you hear about some next
new craze like you know cryptocurrency
or Bitcoin but you have no actual
understanding of that investment even
though you see all of your friends doing
it and hearing about how the investment
is shooting to the moon right don't ever
invest in something that you don't
understand because when there are
investments that do ascend as quickly as
bitcoins did you all saw what happened
with Bitcoin as it came crashing all the
way back down and it has started to
climb back up but the truth is guys
you're always going to be better off and
happier only investing in things that
you actually understand and can't
imagine your life without number four is
time versus timing and what that means
is time in the market will always beat
timing the market right because it's
very difficult to actually time the
market nobody knows when a stock is
going to go up or down so trying to
actually outsmart the market is never
going to be in your favor in the long
term you have to
that there's hedge funds and
billionaires and these massive companies
with these computer-generated systems
that are buying and selling stocks you
know by the millisecond you're never
going to be able to beat that but what
you can do is beat those type of people
with patients and only investing in
companies that you understand and
planning on investing for a long period
of time because time in the market will
always give you more of a return over
time because if you look at the
historical history of the actual stock
market you'll see that it's gone up and
up and up and up over time of course
there are you know pitfalls and of
course there are you know Peaks but the
thing is over the long term over a long
period of time the stock market has
always proven that it goes up and so to
summarize I want to give a quote from
Warren Buffett who's probably the most
famous investor of all time who says his
favorite period to hold a stock is
forever which brings us to point number
three which is think long term it's next
to impossible to actually predict the
short term in your own life as well as
the stock market but with consistent
actions over time and actually staying
true and accountable to your investing
strategies of holding things for the
long term you can predict success and
you can predict a return because the
longer you invest the less chance you
have of actually losing money especially
if you pick companies that have been
proven to actually perform over the long
term and there's actually a number of
advantages to thinking long term when
you are investing there's less emotion
involved you don't panic when something
goes down for a day or for a week or
even for a month because you're thinking
long term it's also super easy you don't
have to go out and actually research
stock after stock after stock to see
what you want to actually invest in and
maybe most importantly is there's
significantly less taxes long-term
capital gains for investments that you
hold longer than 12 months are
significantly lower than the tax that
you incur for investments that are less
than 12 months number two is when
everyone else panics that's when things
go on sale or in Buffett says that their
investing strategy is to be greedy when
other people are being fearful and to be
fearful when other people are being
greedy and what he means by this is that
when the markets going up higher and
higher and higher and higher that's when
they're fearful when everything's going
to good and when the market is actually
crashing and it's at a low and there's
new stories and everyone's talking about
how the market is you know gonna be down
forever that's when they're greedy
that's when everything else goes on sale
and if you can actually adopt that
mentality and have the emotional
strength to actually invest even when
all of the news stories all of the
different TV channels all of the stocks
are going down farther and farther and
farther that's when you want to actually
buy in especially in companies that you
believe in because when everyone else is
panicking that's when you can get the
best price for these companies that have
performed over you know many years and
are very very likely to continue
performing as the stock market has
proved over hundreds of years of being
in existence as I've mentioned before
the stock market has gone straight up
over the long term but there are
inevitable periods where the stock
market crashes there's Corrections you
know there's economic recessions and
things like that and the people who make
the most money are the ones who
understand and save their money for when
that happens and then invest and go
all-in into companies that they believe
in and into companies that they can't
imagine their life without and into
companies who have performed over the
long term and my number one favorite
investing strategy for 2019 for
beginners is don't get emotional and
I'll admit that this is easier said than
done because when you are losing money
in the stock market everyone's panicking
every news story says that the market is
crashing and it's gonna be over and you
know everyone's gonna lose everything
it's very very difficult to not get
emotional and sell stocks in you know a
panic or with emotion but the number one
advice that I could possibly give you
and the number one advice that I hear
repeated again and again and again from
all of the different you know top
investors of all time is the less
emotional you can be the better your
investing strategy will be because when
you get emotional is when you make bad
decisions and when you make bad
decisions is when your actual
investments go down into the toilet and
so you want to understand that when you
stick to an investment you have to
actually be accountable to yourself you
say okay I'm going to buy 10 shares of
Amazon and I'm not gonna sell it for one
year put an alarm in your phone for one
year from you know today's date and
don't under any circumstances no matter
what happens
sell that stock and if you trust the
stock market which you should because
history has shown us again and again and
again that the stock market goes up over
the long term then if you believe in
that stock and if you can't imagine your
life without that stock you have to be
accountable to yourself maintain your
and don't panic if anything does go
wrong in the short term and if you guys
like these strategies on passive
investing then you'll love this video
right here on how to make passive income
even while you sleep I'll see you there
you can see literally right here over
ninety six thousand nine hundred and
twenty one dollars and if we're actually
gonna refresh this really quick you see
we made over a thousand dollars a couple
days ago over ninety five thousand
dollars that's just one affiliate
program we can see this one as well and
we'll also refresh this one just so you
guys can kind of see that you know this
is one hundred percent
online earning,make money online, earn money online, online earning, online earning sites,
make money online free, online money income, earn money online free, money online, best way to earn money online, online income site, money earning websites, best online earning sites, easiest way to earn money online, earn money payment bkash, online money income site
Posts
No comments:
Post a Comment