Been enjoying your content, starting out my youtube career and hopefully add value to others. If it can be monetized soon, even better. How have you improved your public speaking skills for youtube?
Good luck on your journey! It’s just talking to a camera so not as intimidating as a stage, but just like anything else it’s just practice and in time you don’t even think about it.
To me it’s about risk and time. Investing means picking strong assets, with expectations of reasonable profits/returns, delivered over a long time horizon. Speculating is about pursuing high risk high potential reward to earn outsized returns in a short time frame. So are you crossing your fingers and hoping you win the lottery? Or making educated bets for stable returns over a long time horizon. The latter almost always wins.
My answer is cliche but I think it’s just as soon as you can. My goal is just to buy great stuff and hold it for a long time so I don’t have to be that smart and still build wealth. The sooner you buy, the sooner it starts to compound.
This video couldn't have come at a better time for me. Thank you for the timely advice!
Cheers, glad it was helpful!
Thank you for the valuable insights, Brendan! Time to make some changes.
Appreciate it! I’m so glad it was valuable. Really great to see your comment here.
Great content! Best of luck in growing your channel.
Thank you!
Great video!
Thank you! Appreciate your comment
this video really opened my eyes to some mistakes I've been making😍
Wonderful to hear it was valuable!
Been enjoying your content, starting out my youtube career and hopefully add value to others. If it can be monetized soon, even better.
How have you improved your public speaking skills for youtube?
Good luck on your journey! It’s just talking to a camera so not as intimidating as a stage, but just like anything else it’s just practice and in time you don’t even think about it.
I'm curious about your opinion on passive income streams. How important are they for achieving financial freedom?
You should watch the video on passive income on the channel. You 100% need to divorce time from money but truly passive income is largely a myth.
can you elaborate more on the difference between speculating and investing?
To me it’s about risk and time. Investing means picking strong assets, with expectations of reasonable profits/returns, delivered over a long time horizon. Speculating is about pursuing high risk high potential reward to earn outsized returns in a short time frame. So are you crossing your fingers and hoping you win the lottery? Or making educated bets for stable returns over a long time horizon. The latter almost always wins.
How can someone determine the right time to start investing in real estate or stocks?
My answer is cliche but I think it’s just as soon as you can. My goal is just to buy great stuff and hold it for a long time so I don’t have to be that smart and still build wealth. The sooner you buy, the sooner it starts to compound.