10 Things I Wish I Knew Before I Started Stock Market Investing (How to Invest in 2023)

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  • Опубліковано 27 вер 2024

КОМЕНТАРІ • 402

  • @NewMoneyYouTube
    @NewMoneyYouTube  Рік тому +104

    Are you interested in Beta testing our new courses and receiving access for free? Please let us know at the link and I might reach out to organise a call with you.
    newmoney.myflodesk.com/coursewaitlist
    Cheers everyone!

    • @devraga9612
      @devraga9612 Рік тому +2

      Yikes. In the video you mention some people try to sell courses as one of the mistakes - especially for day trading. I suspect the courses are more about investing concepts?

    • @Fiddletennis
      @Fiddletennis Рік тому

      @@devraga9612 for now it’s free. But if they start charging it will be a scam at that point.

    • @NewMoneyYouTube
      @NewMoneyYouTube  Рік тому +1

      @@devraga9612 yeah that's right. We are trying to reverse the trend of rubbish courses. We have one that's entirely on passive investing and psychology, and the other is on implementing the Warren Buffett investing strategy safely.

    • @stacyt1311
      @stacyt1311 Рік тому +1

      Very interested in taking your beta. Also took Rule 1 and want more women educating themselves and knowing we can do this, regardless of whether investing in index funds or choosing wonderful companies (in my world, predominantly the former but with room for a wonderful company or two 😁).
      Looking forward to hearing from you.

    • @hoppingwren
      @hoppingwren Рік тому

      My name is Ellie and I live in Canberra, I'm a researcher myself but I haven't really done investing, and I'd be interested in providing detailed feedback for the courses. Have logged my email in the form!

  • @michaelschiemer3
    @michaelschiemer3 Місяць тому +518

    I wish i learnt most of these principles about seven years ago. A lot of people have been trapped strongly in the matrix. Sometimes Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.

    • @Rachadrian
      @Rachadrian Місяць тому +5

      Nobody knows anything, you need to create your own process, manage risk and stick to the plan, through thick or thin ,While also continuously learning from mistakes and improving.

    • @derrickholfman2
      @derrickholfman2 Місяць тому +4

      Many overlook that banks are return-driven businesses. I don't trust keeping a large sum in a bank. Instead, I invest with guidance, enjoy the benefits, and save for retirement.

    • @Aarrenrhonda3
      @Aarrenrhonda3 Місяць тому +3

      That makes sense. I’ve been using a financial market expert for two years now and I own a six-figure diversified portfolio from investing in stocks. I want to diversify more this year, though.

  • @williamyejun8508
    @williamyejun8508 10 місяців тому +373

    The market has been a turmoil since covid, the brief relief rallied for only a year and now the devastating effects of pumping trillions into the economy is here and will be for a while.

    • @williamyejun8508
      @williamyejun8508 10 місяців тому +1

      I have seen a lot about FAs and actually want to consult some pro. How did you go about it? Is yours any good?

    • @williamyejun8508
      @williamyejun8508 10 місяців тому +2

      Impressive, I took a look at your advisr. I set up an appointment. I’m looking forward to her reply, I hope she sees my message.

  • @goonerook
    @goonerook Рік тому +12

    1. Look at super investor activity
    2. Day trading doesnt work
    3. Waiting for a crash doesnt work (dont time the market)
    4. Not all brokers are created equal
    5. The hardest thing is the mindset (patience, mental fortitude)
    6. If your stomach is churning, dont do it
    7. Dont cut the flowers (hold on to the winners)
    8. Read the 3 books (9:06)
    9. 5 years is a short duration in investing
    10. Its really hard to beat the market

  • @Jennyuk1
    @Jennyuk1 2 місяці тому +318

    Honestly, this concerns me and has left me uneasy. Especially this potential depression, no more a recession. I'm unsure about my $130K account strategy, considering the uncertainty of this whole recession mostly.

    • @kigletmary56
      @kigletmary56 2 місяці тому

      If you lack knowledge about market investing tactics, get advice from a financial counselor.

    • @gracegomez109
      @gracegomez109 2 місяці тому

      No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 2024.

    • @priyankamahatma6672
      @priyankamahatma6672 2 місяці тому

      I could really use the expertise of this advsors.

    • @gracegomez109
      @gracegomez109 2 місяці тому

      Her name is 'BONITA JEANETTE RODRIGUEZ’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

    • @priyankamahatma6672
      @priyankamahatma6672 2 місяці тому

      Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks

  • @SeanJohns-ze8ie
    @SeanJohns-ze8ie Рік тому +534

    whatever means that present itself should be exploited. The need to accumulate wealth has never been in so much demand as it is now. There is a storm coming and soon salaries wouldn't mean much

    • @John-ww2fv
      @John-ww2fv Рік тому

      Investing in stocks is a good way to double up your income but at some point you need to move to over to more stable assets like real estate

    • @RoseBalerus
      @RoseBalerus Рік тому

      Having a financial manager coach you on things like this is very convenient. LUCY ROSE CARTER has been assisting me for over a year now. Thanks to that I was able to save money and time

    • @RobertDamanii
      @RobertDamanii Рік тому

      I work with Lucy too my friend talked about her so I looked her up on the INTERNET and contacted her team through her website. They have been helping me with my investments in real estate updating me on which properties to buy

  • @davemallinson4204
    @davemallinson4204 9 місяців тому +197

    I've honed my financial management skills through strategic investments, profoundly affecting my life. While some say money doesn't guarantee happiness, the truth is that poverty limits access to necessities. Working with my financial consultant, I've seen remarkable progress, turning a $70k investment into over $950k.

    • @eriklong6152
      @eriklong6152 9 місяців тому

      Intriguing! this is truly fascinating to hear, please how do I connect with your financial Consultant ?

    • @davemallinson4204
      @davemallinson4204 9 місяців тому

      SHARON SUE PARKER is the financial consultant that guides me, you probably might have come across her before I found her through a Newsweek report. She's quite known in her field, look-her up

    • @eriklong6152
      @eriklong6152 9 місяців тому

      After doing a Google search on her name, I found her website. Thank you for sharing it. She seems knowledgeable and well-read.

    • @davemallinson4204
      @davemallinson4204 9 місяців тому

      Putting my trust in SHARON SUE PARKER for my investment portfolio has been an absolute game-changer. Her expertise in making money work for me has truly made a significant difference.

    • @guomiles732
      @guomiles732 9 місяців тому

      For newcomers, it's wise to dive into investments alongside a seasoned financial consultant who acts as both mentor and guardian. This partnership elevates your trade accuracy and profit potential while minimizing the risk of losing your hard-earned funds.

  • @Cristian_M_
    @Cristian_M_ Рік тому +15

    You work for 40yrs to have $1M in your
    retirement, meanwhile some people are putting just $10K in a meme coin from just a few months ago and now they are multimillionaires.,.,...,

    • @ramadhanipongela1360
      @ramadhanipongela1360 Рік тому

      I’m celebrating a $30k stock portfolio today. I started this journey with 6k. I have invested on time and also with the right terms now I have time for my family and the life ahead of me

    • @aprilclaudette2057
      @aprilclaudette2057 Рік тому

      Wow, really. I was able to make my $25k on investment

    • @clydeorlan2615
      @clydeorlan2615 Рік тому

      You’re right but a lot of people remain poor due to ignorance

    • @geralyncainglet2626
      @geralyncainglet2626 Рік тому

      Not because of ignorance, it’s because of the high rate of unprofessionalism in the cypto market

    • @kirstenraedmund7346
      @kirstenraedmund7346 Рік тому

      I’m new to cypto trading, feels overwhelming but I won’t give up on learning this. Thanks for your clear explanation from the very beginning!

  • @hersdera
    @hersdera Рік тому +158

    I started buying some more stocks at the beginning of the year, but nothing big. Why am I treating this so harshly? I still want to be the first person in my polygamous family to make a million dollars despite the fact that others in my field make six figures per person. I am well aware of the costs associated with working more to get more money.

    • @SandraDave.
      @SandraDave. Рік тому +1

      If the market has taught me anything, it's that it usually makes a comeback, but I can't seem to concentrate on the long term, especially because important things like my retirement and my reserve are having a disastrous impact on inflation. I need a solution and a data trajectory that I can trust as soon as it is practicable.

  • @juanderuano8969
    @juanderuano8969 Рік тому +107

    I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks.I believe having 175K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities .

    • @juanderuano8969
      @juanderuano8969 Рік тому

      Hi , please who is the expert assisting you and how do I reach out to them?

    • @juanderuano8969
      @juanderuano8969 Рік тому

      Thanks for sharing, I just looked her up online and I would say she really does have an impressive background on investing

    • @MarioScott-yz9bp
      @MarioScott-yz9bp Рік тому

      Hello how you doing have got something that looks pretty good, I’m investing on platform, there’re trying to build a financial management firm that provides you the stability as an investors to diversify your portfolio especially during adverse market conditions, granting you the unique opportunity to increase your passive income by a minimum of 4.21%-9.3% Monthly

  • @kimyoung8414
    @kimyoung8414 Рік тому +85

    Bought a good cross section of an economy, Built a diverse portfolio that i am attached to and keeps me motivated not following the crowd emotionally ,Sped up the process where possible:i use an FA, side hustle, reinvest, i do etf's, bonds, coins and stocks. After my first million I realized that when a stock starts booming chances of you finding out means you are quite late to the party, for this I make sure my CFA handles that, ever grateful to Lisa Angelique Abel. it's like turning your notifications to earn more millions.

  • @youngmarshall9632
    @youngmarshall9632 Рік тому +29

    At the very least, I now grasp the concept of leverage.
    Creating

    • @whitebaker645
      @whitebaker645 Рік тому

      and how did you get the knowledge to form your passive income, if I can ask?

    • @youngmarshall9632
      @youngmarshall9632 Рік тому

      I have solid advisory from the likes of Susan Kay Mack.

    • @whitebaker645
      @whitebaker645 Рік тому

      So i found her webpage by looking up her name online.... Her resume is quite outstanding, I'll be writing a mail to her shortly.

    • @andersonmarylyn8551
      @andersonmarylyn8551 Рік тому

      I use an investment calculator to see how much to need to save to get there by that time. For me, it came out to 17% or so, but I do 21% b/c I don't mind getting to financial independence sooner,

  • @Bellamaria_
    @Bellamaria_ Рік тому +43

    Been a fan for years and still counting, your strategies are topnotch when applied well, i must say i have benefited, my new house and my new car are proves.

    • @georgecollins566
      @georgecollins566 Рік тому

      Hard work and consistency is all I see, congratulation on your success journey.

    • @MarioScott-yz9bp
      @MarioScott-yz9bp Рік тому

      Hello how you doing have got something that looks pretty good, I’m investing on platform, there’re trying to build a financial management firm that provides you the stability as an investors to diversify your portfolio especially during adverse market conditions, granting you the unique opportunity to increase your passive income by a minimum of 4.21%-9.3% Monthly

    • @lilypeters6583
      @lilypeters6583 Рік тому +1

      Which strategy did you use?

    • @jk.5803
      @jk.5803 Рік тому

      It's satisfactory and Encouraging to know that you are winning keep it up

    • @MichaelJohnson-hy5cd
      @MichaelJohnson-hy5cd Рік тому +1

      Glad you are making progress I'm well encouraged. Most times I live with doubts and fear of losing before executing trades

  • @georgeh.5126
    @georgeh.5126 Рік тому +237

    Wish I knew these too early. Recently bought some recommended stocks and now they are just penny stocks. Or there just seems to be more negative portfolios this 2nd half of 2023 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while? I still have over $988k sitting duck in the bank. Not safe!

    • @josephbush
      @josephbush Рік тому +4

      Well, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge

    • @tommyers0
      @tommyers0 Рік тому +3

      @marvishaN How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?

    • @tommyers0
      @tommyers0 Рік тому +2

      @marvishaN I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

    • @ryanhalien8468
      @ryanhalien8468 Рік тому

      That 988k in an S and P 500 ETF like SPY would net you 40-50k a year on average if you just buy and hold and you could sell 20 covered call contracts on those shares for even more return, you’d honestly be set for life with that much in a S and P ETF

  • @LanceyRoche
    @LanceyRoche Рік тому +43

    Buy a good cross section of an economy, Build a diverse portfolio that keeps you motivated,Speed up the process where possible:i'm all for dividends and i DRIP into etfs (ARKW, VOO, VXUS, IVV) and company stocks. After my first million I realized that when a stock starts booming chances of you finding out means you are quite late to the party, for this I make sure my CFA handles that, ever grateful to Lisa Rosa Cavanagh .it's like turning your notifications to earn more millions.

    • @harrisahmed3066
      @harrisahmed3066 Рік тому

      Nicely done. love diversity.

    • @MargotCrest
      @MargotCrest Рік тому

      out of curiosity I did read about Lisa Rosa Cavanagh on the web, she has a great resume

    • @simonomilan
      @simonomilan Рік тому

      An everyday millionaire. Well done

    • @donaldlocher2537
      @donaldlocher2537 Рік тому

      Did a quick web search, she has a pretty decent bio, I wrote her and I'm waiting on her reply.

    • @globalroamer1900
      @globalroamer1900 11 місяців тому +5

      Get off here 🤡

  • @chiragarora2827
    @chiragarora2827 Рік тому +25

    Taking point number ten into account, I'll only invest in ETFs. The time I'll save from not researching the market will be spent in increasing my skills and furthering my career so I can earn more and invest more.

  • @fast95C
    @fast95C Рік тому +49

    My biggest mistake was thinking that the cheapest stocks were the best ones🙂 Bought 15000 shares for 100$

    • @EL-dl5su
      @EL-dl5su Рік тому +10

      Rest in peace

    • @joec361
      @joec361 Рік тому +2

      💀

    • @tatskamaster
      @tatskamaster Рік тому +2

      Only a 100 dollars? Not a very big loss then fortunately

    • @rahulbetgeri
      @rahulbetgeri Рік тому +2

      That was a very cheap lesson learnt mate!!
      People loose thousands and thousands in Penny Stock!!
      Well done…

  • @kyleblackburn9058
    @kyleblackburn9058 Рік тому +7

    #1 mistake: thinking you should pick stocks and listen to UA-camrs.
    #2 mistake: not buying a broad index every time you have money

    • @jimbojimbo6873
      @jimbojimbo6873 Рік тому +1

      #3 giving financial advice when you aren’t qualified or legally allowed to

  • @at6867
    @at6867 Рік тому +2

    One of the first videos in AGES that wasn’t pure cringe and blatant fear mongering bullshit. Good job mate

  • @larrygerry985
    @larrygerry985 Рік тому +14

    Sizing the position is a valuable lesson, most people either place too much or not enough money on a stock.

    • @wholeNwon
      @wholeNwon Рік тому

      Guess their crystal balls are cloudy.

  • @Casey-summer
    @Casey-summer 11 місяців тому +9

    The most significant lesson I gained from the stock market in 2023 is that uncertainty prevails, emphasizing the importance of humility. Adhering to a long-term strategy with a competitive edge is key.

    • @lilyhershey1
      @lilyhershey1 11 місяців тому +3

      Certainty eludes everyone; thus, it's vital to establish your own methodology, handle risk, and adhere to your strategy unwaveringly. This commitment should endure challenges and successes, all while maintaining a commitment to ongoing learning and improvement.

    • @sloanmarriott5
      @sloanmarriott5 11 місяців тому +2

      Embracing uncertainty, I realized after five years that attempting to predict market outcomes through chart analysis was futile due to the unpredictable nature. My lack of a mentor led to six years of struggle. I transitioned to following the market's direction and adopting a straightforward, disciplined approach.

    • @louie-rose7
      @louie-rose7 11 місяців тому +2

      ​ *@shirleygarland4766* Who is the professional who is advising you, if you could perhaps tell us? As a novice investing in stocks without the correct direction of a professional, I have lost a lot of money.

    • @sloanmarriott5
      @sloanmarriott5 11 місяців тому +2

      I'm guided by Camille Alicia Garcia an experienced coach with extensive financial market knowledge. While you can consider other options, her strategy has yielded positive results for me. She offers valuable insights, including entry and exit points for the securities I concentrate on.

    • @louie-rose7
      @louie-rose7 11 місяців тому +1

      I've taken the initiative to research "Camille Alicia Garcia" online and verify her credentials. I'm impressed with her expertise, and I've reached out to her to share my financial market goals in detail.

  • @ArjenSchipper
    @ArjenSchipper Рік тому +9

    Great vid, I recognize SO MANY of those mistakes 😅 Would be very grateful to have a chat with you Brandon, happy to help with getting your courses top notch! Congrats on the license, the hard work is starting to pay off! 🎉

  • @filipxavier1041
    @filipxavier1041 Рік тому +10

    My advice to anyone starting out in the market is to seek guidance as its the best way to build long term wealth while managing your risk and emotions with the passive investing strategy.

    • @albertbrian6448
      @albertbrian6448 Рік тому

      The trading market is constantly evolving with new features, trading opportunities, financial swings with sudden surprises around every corner. The best thing is to stay in shape and don’t let anything catch you on the wrong foot

    • @christinajurado9180
      @christinajurado9180 Рік тому

      As the economy crisis keep rising, one needs to have different streams of income, a well detailed diversified investment portfolio in the financial markets is needed to survive, as well as secure a profitable investment future! Wondering if viewers here are familiar with Camille Anne Hector trading strategies

    • @mariasimpson9628
      @mariasimpson9628 Рік тому

      Nothing feels better than having a trader that makes maximize profit on ones benefit, I didn't get to benefit that this whole lockdown but its never late, how can i reach this trader you speak about that made you earning even in the red market?

    • @rineleff2009
      @rineleff2009 Рік тому

      Crazy This reference seems really valid.. Just looked up her full name on my browser and found her webpage without sweat, Alot of years experience is certainly striking! very much appreciate it thanks for sharing

    • @AmandaKatherineLeff-j9f
      @AmandaKatherineLeff-j9f Рік тому

      Honestly I love convos like this with people who actually recommend the right expert for those in need, Literally just did the same thing i searched this Camille Anne Hector and was directed to her platform really thanks for sharing

  • @322dawgg
    @322dawgg Рік тому +154

    I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.

    • @322dawgg
      @322dawgg Рік тому +2

      How do I Find this Person?

    • @322dawgg
      @322dawgg Рік тому

      I Found her online page by searching her full name, I wrote her an email and scheduled a call, hopefully she responds soon. Thanks

  • @PatrickLloyd-
    @PatrickLloyd- 10 місяців тому +3

    Building wealth from nothing involves consistent saving, disciplined spending, and strategic investments. Begin by creating a budget to track expenses and identify areas for savings. Prioritize paying off high-interest debt and establishing an emergency fund. As you build a foundation, start investing in low-cost options like index funds, and focus on continuous learning and improving your skills for better income opportunities.

    • @Dannyholt33
      @Dannyholt33 10 місяців тому

      Impressive insights! For beginners like me, managing and staying updated can be overwhelming. Are you an experienced investor or do you have a strategic approach for staying informed?

    • @hankmarks69
      @hankmarks69 10 місяців тому

      Could you kindly elaborate on the advisor's background and qualifications?

  • @willg3220
    @willg3220 Рік тому +3

    If you started as a teenager than you're way ahead of the curve. Mistakes will happen so get lessons early and cheap.

  • @hvedrungi
    @hvedrungi Рік тому +10

    New Money: Day trading channels are just scamming people with courses.
    Also New Money: Buy our cours right now!

    • @RabianskiT
      @RabianskiT Рік тому +1

      SAME thoughts here 😅😅😅
      If the author is really getting his CREDENTIALS, then he should start working in Finance and make his extra income that way.
      People like Ben Felix (portfolio manager) or Patrick Boyle (professor of Economics at prestigious universities) don’t try to sell you any “exclusive” BS courses, because they have an actual job in Finance.
      Courses have BAD REPUTATION. Don’t do it!

    • @logitech1928
      @logitech1928 Рік тому +2

      hypocrisy at its finest

  • @Anthraxxxxx
    @Anthraxxxxx Рік тому +2

    It was pretty easy to predict interest rates last year 😋 they were pretty clear about it hahah

  • @hillarybriggs2561
    @hillarybriggs2561 Рік тому +4

    It is always good to have a financial plan. I work with a professional planner and fixed-income strategist in NY. The fixed income portion of your portfolio won't simply serve as a buffer to the volatility of the equity portion of your portfolio, but will provide legitimate income.

    • @ericbergman7546
      @ericbergman7546 Рік тому

      Very true, people downplay planners role, until burnt by their mistakes. I remember just after my layoff early 2020 amidst covid outbreak, I needed to stay afloat, hence researched for license-fiduciary advisors. Thankfully, I came across someone of practical knowledge, and decades of experience, I liquidated 200k of 325k from my 401k it has yield nearly 1M after subsequent investments so far.

  • @Ermz
    @Ermz Рік тому

    No joke though, this is one of the best investment videos I've ever seen - and I've watched a metric ton. Common sense advice that can save people boat loads of money.

  • @christophercooper2211
    @christophercooper2211 Рік тому

    I have to say that your by far the best online investing info. Clear, precise and well informed. Its very well presented for beginners

  • @charleschen4766
    @charleschen4766 Рік тому +1

    One of the lessons I learnt is I wanted to get in a stock earlier so ended up with investing in some companies which were not profitable, and hoped they would generate great returns. I now focus primarily on the companies that are profitable. I invested in Tesla when it became profitable for the first time, which turned out it was not too late for the investment. Promising companies like Tesla have many years of growth.

    • @MarioScott-yz9bp
      @MarioScott-yz9bp Рік тому

      Hello how you doing have got something that looks pretty good, I’m investing on platform, there’re trying to build a financial management firm that provides you the stability as an investors to diversify your portfolio especially during adverse market conditions, granting you the unique opportunity to increase your passive income by a minimum of 4.21%-9.3% Monthly

  • @billiexluxury
    @billiexluxury 8 місяців тому

    I started watching you when u were new on UA-cam and you’ve grown so much! Really enjoy your content

  • @TheBoomtown4
    @TheBoomtown4 Рік тому +4

    Damn, I’m waiting for a crash. I pulled half my pension and put it into bond etf’s, prices seem too steep.

  • @Jpsantos94
    @Jpsantos94 Рік тому

    #1 should have been index investing… us total stock market or s&p500

  • @Antonio-yy2ec
    @Antonio-yy2ec Рік тому +3

    Pure Gold

  • @thomasbetts01
    @thomasbetts01 4 місяці тому +3

    Divergent views exist on the market; some argue that it is overvalued because of recent increases, while others point to solid economic fundamentals as justification for high prices. Concerning my $600,000 worth of stocks that are up 8% and down 20%. Should I sell my investments and hoard cash or should I hang on?

    • @iamlaurenmoe
      @iamlaurenmoe 4 місяці тому +1

      According to Deutsche Bank, which sounded dubious about this seventh instance, markets had really mispriced in such a pivot six times over the last two years. Reiterating the need of advice from industry professionals

    • @michaellaw321
      @michaellaw321 4 місяці тому

      Many people minimise the importance of consultants and specialists until their own feelings become intense. I hired a real market strategist to assist revitalise my $700k portfolio and increase performance and returns by 90% in just over four years since I needed a good boost to stay afloat.

    • @YearousMona
      @YearousMona 4 місяці тому

      sounds fantastic! Would you kindly recommend that you hired this expert? I find it really tough to choose which positions to add to my portfolio.

    • @michaellaw321
      @michaellaw321 4 місяці тому

      It is appropriate to acknowledge Vivian Carol Gioia as one of the best portfolio managers in the business. Her reputation precedes her, and if you are familiar with the internet, I strongly advise you to look her up online in a public post.

    • @YearousMona
      @YearousMona 4 місяці тому

      Great sharing; I just typed her entire name into my computer and did an internet search. She has excellent credentials. Although I've read commentary about advisors, none of them seem quite this amazing.

  • @dubfinder
    @dubfinder Рік тому +1

    Only disagree with #2.
    I've been following for a while and you prefer an investor's strategy : getting into positions based on fundamentals and valuation over a long time span.
    (Day) trading is a different strategy, mostly based on technical aspects of determined securities, over a shorter time frame than investing.

  • @mert-berberoglu
    @mert-berberoglu Рік тому +1

    Hi Brandon, congratulations.
    Which licence enables, provision of general financial advice?
    Looking forward to the new course. First one was amazing already.

  • @MartinPleasant-ty1rw
    @MartinPleasant-ty1rw Рік тому +1

    Very interesting! Great advice for investing, I’ve only started recently and I still wish I learnt some of this advice earlier on!

  • @Arteshir
    @Arteshir Рік тому +3

    You first correctly knock the Course scam sellers on UA-cam. Just to then push your OWN COURSE!!!

    • @NewMoneyYouTube
      @NewMoneyYouTube  Рік тому

      I can see how this might be perceived as contradictory. We actually made our courses originally to start to push back against the huge amounts of crappy courses out there from finance creators. We are making two courses that will be released later this year. One is about passive investing and psychology and the other discusses how to implement the Warren Buffett investing approach safely. There will be several hours of detailed content, professionally edited, reviewed by a financial advisory firm and fully licensed by ASIC. These courses will be the most professional and detailed investing guides on the market today, and we are excited to receive public feedback when they're released. I do not mean to come across as 'pushing' my courses, we are simply looking for people who might be able to give us early feedback so we can improve the courses as much as possible before launch.

  • @rishithapliyal3659
    @rishithapliyal3659 Рік тому +6

    You create good content. Plz avoid these posters with exaggerated facial expressions. Poorest content creators are doing this...u r superior, avoid low level gimmicks...

  • @aceapollos
    @aceapollos Рік тому

    I agree with most of the 10 points except the last one. Active stock picking is a skill which can be learned by everyone and though the overall portfolio may not beat the market at first, with time and intelligent picking one surely can. If 93 percent of the people cannot do it that doesn’t mean they should not try to become part of the 7 percent.

  • @chrismckay9647
    @chrismckay9647 Рік тому +3

    As always Brandon, much appreciated. Question… I struggle with the concept of not cutting the flowers when a stock goes well over my calculation of its intrinsic value. I get that a stock near the high end of its intrinsic value (like GOOG (by my estimation)) may be a hold for reliable long-term growth with little loss-risk. But, were I be holding Tesla now (I don’t), a growing beast of a business who’s stock seems completely overpriced, I would definitely be selling now even though I like the business and am convinced they have a great future. Your thoughts?

  • @Chuks907
    @Chuks907 Рік тому +26

    This is a great video I really appreciate the dedication in each video you post, I learn a lot watching your videos and it has always been helpful to me. Building a steady income is quite difficult for newbies.. Thanks to Laurie Siebert for improving my portfolio. keep up with the good videos.

    • @scottharryx
      @scottharryx Рік тому

      I'm surprised you know her. I've been making a lot of profits investing with her for a few months now.

    • @brownscott3885
      @brownscott3885 Рік тому

      You invest with Siebert too? Wow that woman has been a blessing to me and my family.

    • @barbara.ransom
      @barbara.ransom Рік тому

      I'm new at this, please how can I get in touch with her?

    • @Chuks907
      @Chuks907 Рік тому

      She often interacts on Telegrams, using the user name written below

    • @Chuks907
      @Chuks907 Рік тому

      @ SIEBERT6 💯 ..that's it

  • @samgerber1371
    @samgerber1371 Рік тому +1

    Love it all but point 2. People make money day trading just is much more common for people to lose. Saying "day trading doesnt work" as a value investor such as yourself, is like a guitarist saying "saxaphone players isnt legitimate"...
    The fact is that there are multiple self made multi millionaires from day trading, so it obviously does work for some people

  • @JimBarn
    @JimBarn Рік тому +1

    Good on you for furthering your education and becoming certified 💯

  • @suryamoorthy1816
    @suryamoorthy1816 Рік тому

    I just finished reading Peter Lynch's book and it was amazing.

  • @MiroslawHorbal
    @MiroslawHorbal Рік тому +1

    The day trading statement isn't exactly true. One of the world best investment funds primarily focuses on "day trading". That's the medallion fund.

  • @ashdrewness
    @ashdrewness Рік тому

    While I don’t fundamentally disagree with #3, Buffett himself has stated that BH keeps considerable capital on the sidelines waiting for a company they like to “go on sale” or overall down market conditions. So in a way the very best still do some form of timing the market by keeping a certain amount of capital in reserve for a dip.
    So net, I agree people shouldn’t keep all their capital on the sidelines trying to time the market but it make sense to allocate some liquid funds (personally I’d say SPAXX giving a 4.97 yield is a good parking spot)

  • @starpravesh
    @starpravesh Рік тому +5

    There are no mistakes when investing. Just learning from them... And losing a sh*t ton of money

  • @saeedkanuga8374
    @saeedkanuga8374 8 місяців тому

    You are best stock blogger

  • @reginaportovaz9196
    @reginaportovaz9196 5 місяців тому

    Good video. Thank you!
    Very humble 🙂

  • @cristianomesquita9463
    @cristianomesquita9463 Рік тому +1

    Excelent video👍 thank you so much for all knowledge that you shared. You are by far the best guy that I found about investment in UA-cam. 😉

  • @Koeliebalie
    @Koeliebalie 7 місяців тому

    Hi! Nice to revisit this video, really useful stuff. I was wondering if anyone knew where I can get that Warren Buffet art in the background of the studio. I absolutely love it

  • @davidnovitzky3592
    @davidnovitzky3592 Рік тому +1

    Day Trading works but not for idiots. Guy bought some scammy courses back in the day now hes selling some courses himself. Good job!

  • @ralf6193
    @ralf6193 Рік тому +3

    Great episode. Mindset is key!

  • @SaadonAksah
    @SaadonAksah 8 днів тому

    Stick to the thing that we know 👍

  • @sweetsweet3753
    @sweetsweet3753 Рік тому

    agree with the points made - nice one. i trim a couple of flowers sometimes but not cut. 3rd party brokers always recommend individual stocks but not ETFs - hmmmm i wander why that is.????? ETFS i guess de-value their perceived value add.

  • @nicomirinda
    @nicomirinda Рік тому

    DCA on the S&P (SPY) by investing on a quarterly basis is something you MUST do in my opinion, and I do, whilst in parallel doing my analysis and seek for opportunities through Fundamentals and Discounted Cash Flow formula (from one of your videos by the way 😉). Loved this video! ❤

  • @jamesnguyen2911
    @jamesnguyen2911 10 місяців тому

    thanks for the 3 books, I trust your channel

  • @wezzard
    @wezzard Рік тому

    Great advices! I started to invest only this year..i got a bit of money from an inheritance just this past january and put a little bit of it in tesla, amazon and google, thinking the market was gonna crash from all the noise on youtube..now i'm stuck with cash wanting those january price again! Lol

  • @vicgill1980
    @vicgill1980 Рік тому

    Your biceps have made huge gains too

  • @davidhenner9367
    @davidhenner9367 Рік тому

    I do time the market. I agree this is NOT for most people. You need to have no ego and tons of patience. Also willing to let a bad trade go away and stick to trades when the original logic still holds.
    I find one day trade every 6 months. You might say "that isn't day trading" but I'm in that trade for anywhere between a day and 6 months. It is speculating and not investing, which is day trading. NOTE: Do not use more than 5% on these trades and probably keep them to 1 to 3%.
    EXAMPLE TRADE: I put money into face masks about a month before the pandemic hit the US. I actually wish I kept my money in longer but was very happy with my quick return.
    You need to have funds for long term and for the short term. Balance the investments is the hard part and involves knowing your ego. If you have ego you need to pick an index fund or 5 of them and only look at the investments once a year.

  • @erikm9768
    @erikm9768 Рік тому

    Best video I've watched all week! I've already got burned on all these mistakes so it really hits home. Will rewatch again in a few days to really reinforce these rules

  • @georget718
    @georget718 10 місяців тому

    Very helpful content, thanks bro.

  • @runedust9875
    @runedust9875 Рік тому

    IMHO you need to make these mistakes to get the right mindset. You cannot become a real investor without these experiences. Noone will understand these points and read these great books when they have not made those mistakes yet.
    Very valuable points to remind investors, thank you.

  • @jessicawesbond2312
    @jessicawesbond2312 Рік тому +1

    The idea of investing a significant sum of money may be both thrilling and intimidating. There is potential for considerable wealth increase with the correct strategy. How can one take advantage of compound interest and potentially grow your retirement savings/net-worth to about $2M over time?

  • @NiekVink
    @NiekVink Рік тому

    I would add that evaluation matters. It matters a lot.

  • @celticbedou
    @celticbedou 10 місяців тому

    is 6.5% dividend good when it comes to compounding the dividend. Doesnt seem so when he uses 7% compounding as his example

  • @windwalk8970
    @windwalk8970 11 місяців тому

    Don't time the market but always have some money left to buy if it crash

  • @mariussavatier4155
    @mariussavatier4155 Рік тому +1

    Very good finance channel !

  • @nonexistent5030
    @nonexistent5030 Рік тому

    Business economics and financial health.

  • @stevegee9087
    @stevegee9087 Рік тому

    Early feedback. Your course waiting list form is locked to UPPER CASE.

  • @vancouversworstdrivers
    @vancouversworstdrivers Рік тому +1

    Great video and very to the point. So true about day traders! They are always selling "courses" and even the ones that I thought were great years ago (guys with tons of money and super cars etc.) seem to have lost money up to today haha

  • @Ermz
    @Ermz Рік тому

    I feel personally attacked by that opening statement 😂

  • @acceleracomigo6696
    @acceleracomigo6696 10 місяців тому

    Amazing video, thanks

  • @adelinad3513
    @adelinad3513 Рік тому +1

    If Buffets would have been born 100years before, the crash of 1933 that supposedly he could not predict ( if not part of the club) would have bankrupt him or at least kept him on zero after 30 years. Yes, you can predict crashes when you engineer them 😉

  • @saliuazeez4076
    @saliuazeez4076 Рік тому

    Hi nm just came across this eye opening channel today, and I feel like had missed alot in the past, wanted to asked you that how can I start my stock investment journey... Currently with zero knowledge and everything looks strange to me, help out a brother.. Your response will really mean alot thanks for your adorable reply

  • @helloken
    @helloken 8 місяців тому

    All good points it seems honestly!

  • @jamesg2382
    @jamesg2382 Рік тому

    Thank you. Great video. Much appreciated

  • @JuanBattaglia45
    @JuanBattaglia45 Рік тому

    EXTREME quality video. Thanks.

  • @rodfox1218
    @rodfox1218 Рік тому

    Thanks for making this video. Great value

  • @johndemarchi6952
    @johndemarchi6952 Рік тому

    Great presentations as usual. Thanks kindly.

  • @iggychan9200
    @iggychan9200 Рік тому

    caught this at the right time!!! thank you so much!!

  • @willcooper9784
    @willcooper9784 Рік тому

    Any chance you could do a video comparing the Australian broker services ?

  • @Filtenmeister
    @Filtenmeister Рік тому

    Fine advice

  • @Koch8
    @Koch8 11 місяців тому

    Super (15%) awesome video Thanks heaps

  • @ericpoirier7932
    @ericpoirier7932 Рік тому

    Congratulations for your licence! A wise decision. You will add even more credibility.😊

  • @andreventinhas5507
    @andreventinhas5507 Рік тому

    so do I

  • @MommaKnowsBestest
    @MommaKnowsBestest Рік тому

    So humble 😊

  • @parthasarathyvenkatadri
    @parthasarathyvenkatadri Рік тому +2

    Even if you paid for the brokerage they could still be doing the same thing anyway

  • @valueinvesting897
    @valueinvesting897 Рік тому

    Nice Video, especially the book recommendations. Thanks!

  • @BuddyRiveraMusic
    @BuddyRiveraMusic Рік тому

    Where could I buy the Warren Canvas on back side?

  • @petpillow
    @petpillow Рік тому

    Investing can be easy. I’m dollar cost averaging $1,600 a fortnight into 3 seperate vanguard ETF’s, I don’t even check on them 🤷🏼‍♂️ just set and forget.

  • @traviswes7082
    @traviswes7082 Рік тому +3

    Given the current economic difficulties that the country is experiencing in 2023, how can we enhance our earnings during this period of adjustment? I cannot let my $680k savings vanish after putting in so much effort to accumulate them.

    • @jessicawesbond2312
      @jessicawesbond2312 Рік тому +1

      Well the bigger the risk, the bigger the reward and such impeccable decisions are better guided by a pro

  • @syproful
    @syproful Рік тому

    But how to keep trade costs and commissions down when doing dca on ETF’s

  • @vladbulauchyk4287
    @vladbulauchyk4287 Рік тому

    Great video, can relate to a most of the lessons you mentioned!

  • @n199x9
    @n199x9 Рік тому

    Does he has any videos recommending brokers?

  • @kt6332
    @kt6332 Рік тому

    Thanks