What You Weren’t Taught About Making Money | Sarah Potter | TEDxCollingwood

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  • Опубліковано 8 лис 2017
  • What if making money was just like riding a bike? Where you get better the more you practise the skill. While you may be familiar with money preserving skills like ‘save more’ or ‘spend less’, Sarah Potter explores the myths and realities of what it is really like to build the skills to make more money, grow wealth and investing in the markets for average people. Find out why financial literacy is failing you, and how to change the financial narrative for the next generation. Sarah Potter is the author of How You Can Trade Like A Pro: Breaking into Options, Futures, Stocks and ETFs (Published by McGraw Hill) and founder of www.shecantrade.com
    Sarah is well regarded as a trading and market expert and is well known for her trading consistency and straightforward options strategies. Her unique skill set, including her Masters of Education allows her clients to learn about trading markets and market analysis in a clear and understandable way.
    Sarah Potter has both written for, and been featured in: Forbes.com, Tradestation, All Stars of Options, Traders Expo, Scotia iTrade, TheStreet.com, Yahoo Finance, AOL Daily Finance, Active Trader Magazine and more. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at www.ted.com/tedx

КОМЕНТАРІ • 504

  • @M.G.R...
    @M.G.R... 4 роки тому +23

    *1). There is a money language - **8:52**, **9:35*
    *2). It doesn't have to be full time - **9:46**,*
    *( **10:07** )*
    *3). It is a skill you can learn - **10:38**, **10:54*

  • @LauraWardGB
    @LauraWardGB 3 роки тому +17

    We need this conversation now more than ever. The language of money creates a sense of not belonging, it creates a divide. There’s a need for more simple, plain language in the industry to make financial literacy accessible to all. Great talk!

  • @brianshutlz5027
    @brianshutlz5027 5 років тому +441

    Save yourself 13 minutes.
    Point 1 school fails to educate people on real world problems.
    Point 2. Big wins don't happen over night take that steak and enjoy it.
    Point 3 Making money isn't like building a house , blueprints just aren't available
    Point 4 trading on the stock market doesn't take that much time.
    Point 5 switching to Geico can save you 15% or more

  • @jasonq7504
    @jasonq7504 3 роки тому +15

    Her three takeaways are:
    1. It’s a language you don’t know
    2. You can spend your last week’s profits on a cup of coffee...congrats on the effort!
    3. It’s a skill...you don’t have.

  • @jomontanee
    @jomontanee 5 років тому +12

    I read the comments before I watched it. I found out that this is a good lecture, not bad at all. She makes investment reachable and approachable to all of us. Though it's not TED TALK quality, it should have been more thought-provoking than this but it's not that bad.

  • @Dano-uf8ys
    @Dano-uf8ys 4 роки тому +39

    Be born into the right family, meet the right people, you'll do just fine.

    • @ThatGreySubaru
      @ThatGreySubaru Рік тому

      Stupidest comment you could write man 😂

  • @slyfoxx2973
    @slyfoxx2973 6 років тому +3

    Start this as soon as possible...
    1)Budget
    2)Stay out of debt
    3)Invest in diverse mutual funds not single stocks.
    4)Be patient, this is going to take time
    5)Look around when you're 50 something and notice you've got a house and cars that are all paid for, a nice chunk of liquid capital to cover emergencies, a fun fund and a nice term life policy to cover the unthinkable.

    • @blackbarbiebombshell
      @blackbarbiebombshell 5 років тому

      Thank you!! I’ve learned more in the one minute it took for me to read this than the 13mins I’ve wasted listening to her jibber jabberring speech of no substance! Thank you again Sly Foxx

  • @arain9465
    @arain9465 6 років тому +26

    If the public was actually educated in this subject then these investing entities wouldn't be able to fleece us as easily as they do now.

  • @continual-improvement374
    @continual-improvement374 5 років тому +204

    Ah man, I wish I read the comments first!!

    • @laurentcamus3753
      @laurentcamus3753 5 років тому +3

      I did and I must say to you... thank you.

    • @tigerrx7
      @tigerrx7 3 роки тому +2

      Thank you for your comment! I read and ran. I trust the power of large numbers.

    • @-Rickster-
      @-Rickster- 3 роки тому

      Saw your comment as I was about to start it and thank you for posting! That’s 12 minutes of my life I have saved!!!

  • @JakeRichardsong
    @JakeRichardsong 6 років тому +6

    The talk is for newbies, not people who already understand the various forms of investing and strategies.

  • @hemmper
    @hemmper 6 років тому +15

    I share her view on avoiding all or nothing schemes. However I think she idolizes life as a "trader", not many people can live of it unless they got lucky/inherited or something. And what she will never know: If she spent the same about of time learning a profitable skill that the time she spent on "money making", maybe she would have made more money by now AND felt more satisfied about being useful to others. At least that would be the case statistically for more people than not. In the aftermath of the Icelandic financial crisis ten years ago there was a healthy discussion about whether it was wise for a country that its smartest youths educated themselves for "money making" working in financial institutions instead of engineering, medicine and such. Let money be a bi-product of success, not the other way around.

  • @michaellowe3665
    @michaellowe3665 4 роки тому +2

    If everyone could do it, no one could. If everyone could make money without doing labor, no labor would get done and no wealth would be created. Someone has to do the work to make the things we buy with the money.

  • @geogeek1758
    @geogeek1758 6 років тому +187

    This had a lot of promise, but basically turns out to be a soft sell 12 minute infomercial for her book.

    • @AlumniQuad
      @AlumniQuad 5 років тому +8

      _What You Weren’t Taught About __-Making Money-__ Daytrading_

    • @Cl1ddy
      @Cl1ddy 5 років тому

      It's up to you how to learn trading pal

  • @yanstev
    @yanstev 6 років тому +28

    Everyone who has been trading on the stock market since 2009 looks like a genius because it has risen at record rates for the last 8 years, largely because the Fed has been giving bankers almost free money. Someone needs to do a talk about how to protect yourself from the next economic down turn.

  • @jerrymichaelcrowe1917
    @jerrymichaelcrowe1917 4 роки тому +2

    Sarah makes some excellent points to consider. She makes sense and it right on target with how the so-called teachers of investing are not getting the job done. Her credibility is outstanding.

  • @wordswordswords.5422
    @wordswordswords.5422 4 роки тому +3

    there wasn't too much concrete info here but I still found value in it. just the overall idea that it can be done and it doesn't have to be all or nothing was motivating. good job girl!

  • @dennispike7858
    @dennispike7858 6 років тому +56

    Agreed, don't waste 13 minutes watching this. She does not give any advice or refer to materials you can read for yourself. All she says is that she does day trading and you can too.

    • @mrpots4318
      @mrpots4318 4 роки тому

      well i guess you're part of the 76%, good luck

    • @macgyver2169
      @macgyver2169 4 роки тому +1

      @@mrpots4318 lol 95% of day traders fail. Of the successful portion, there are only around 1% that are predicatively profitable. Unless you're like the speaker and you can convince people to pay you to tell them "how to be successful" day trading. She's making far more off speaking and writing than she is off the market.

    • @mrpots4318
      @mrpots4318 4 роки тому

      @@macgyver2169 well good luck to you as well

    • @macgyver2169
      @macgyver2169 4 роки тому

      @@mrpots4318 It's not an insult, just statistics. In almost every scenario, bull / bear markets, a range of mutual funds will nearly always beat a day trader and make them a nice fortune over the course of their career. It's sad that the school system doesn't teach safe / smart investing. 401k's / IRA's should be thoroughly understood before graduation. These have proven over decades to net higher yields and be extremely safe.

    • @mrpots4318
      @mrpots4318 4 роки тому

      @@macgyver2169 Well possible tho, guess i'm with the lucky trader.. yes school don't want us to learn something like that

  • @elizabethswan335
    @elizabethswan335 4 роки тому +1

    Why did my economics teacher assign this video as homework? It had very little to do with economics... All I got was, "You can make more money, too."

  • @maayamehtapinky802
    @maayamehtapinky802 3 роки тому +1

    Had I learnt financial aspects in school, I would have created fortune today. No doubt about it. Just started my journey on this path with gathering knowledge as first step. Hope someday I succeed

  • @GeneJennings
    @GeneJennings 6 років тому +12

    Sarah, you are one of my trading heroes! I have your book, listen to your podcasts, and follow you online. Thanks for demonstrating that making money is not just for the rich Wall Street types. Keep up the good work!

    • @DMRoper1
      @DMRoper1 6 років тому +3

      Oh, is that what she was trying to say. Ok. Thanks.

  • @andrewjohnson6716
    @andrewjohnson6716 6 років тому +143

    This video had no useful content whatsoever. It was a feel-good talk around the subject.

    • @filthyfilter2798
      @filthyfilter2798 5 років тому +1

      hahahahahaha yeah ^_^

    • @inderjeetsingh7770
      @inderjeetsingh7770 5 років тому

      Shall wde use the word rhetoric.

    • @Skyscraper21
      @Skyscraper21 4 роки тому

      Unfortunately that is what I have to think very often when women write on the subject of money

  • @qavi57
    @qavi57 5 років тому +62

    why TED is even allowing these kind of timepass videos at all. they'll lose quality on quantity if they keep doing it, and its value too. many people are realising now!

    • @merbelleochea3615
      @merbelleochea3615 4 роки тому

      This is TEDx and not TED. Those two are different. Look it up.

  • @czl0909
    @czl0909 6 років тому +8

    Hmm, this sounds like one of those inspiration talks... The message I received from this video is 1. you should start trading 2. trading is easy.

    • @pacosdad4525
      @pacosdad4525 6 років тому +1

      3. Trading stocks will make you money. (did she ever mention risk?)

    • @jesseelmore3372
      @jesseelmore3372 2 роки тому

      If your interested in learning the skill set of investing, then I have a question for you.
      Have you heard of these 3 books?
      1 A simple path to wealth by Jim Collins
      (He details a strategy of creating a series of delayed passive returns using broad base low expense index funds)
      2 the intelligent investor by Benjamin Graham
      (Explains the skills needed to become a good investor)
      3 rich dad poor dad by Robert kiyosaki
      (Great beginner book. A lot of it is about changing your mindset from scarcity to abundance & seeing the opportunities when they present themselves)

  • @chrblgea7555
    @chrblgea7555 4 роки тому +2

    The only lesson I learnt from this video is to read the comments first... What a load of hot air

  • @tonynes3577
    @tonynes3577 5 років тому +1

    I'm a Candian born man and I immigrated to the United States by a career / job, Presently Living on the west coast USA the richest capitalist country in the world. I had a psychological block about investing and trading perhaps because I lost a lot of money in the crash of 2008, just because I parked my money in mutual funds without protecting my money.. Now, I am starting to rethink about becoming a trader/ short term investor. I am retiring soon ,but I don't have a private pension, only the gov't tax deferred savings plan. Now, I am more accepting of investing and trading my money and about removing my psychological block. And with the right positive mindset and practical skills of a trader, I believe I can make my 💰 money grow! And anyone can! P.S. You might know Teresa Lo, she was a successful trader in Vancouver.

  • @tendar6666
    @tendar6666 6 років тому +1

    I am college student and been trading about 6 months. I have been developing my knowledge and discipline in stock market. I got to a point where I feel I can't make trading as full time jobs, and investment is boring. But u inspire me to listen to my inner voice of being full time trader thank you madam.

    • @Eightball_1
      @Eightball_1 6 років тому +1

      Tenzin Tendar - do it as a side hustle and it will take take less than an hour a day. Identify 5 volatile stocks - that move up or down frequently within a .50 to $1 in the $13 to $30 per share range. With 100 shares, you can easily make $100 per buy/sell in a short period of time - sometime it's as little as 24 hours. Look for a stock that's moves up and down frequently in a days time but remains relatively stable over a longer period.

    • @tendar6666
      @tendar6666 6 років тому

      I am trading in India, so it's in rupee. I definitely want to earn in dollar

    • @Eightball_1
      @Eightball_1 6 років тому

      Tenzin Tendar - I didn't remember that comments come from all over the world on UA-cam. Thanks for reminding me😀

  • @jessicadeben
    @jessicadeben 2 роки тому

    Empowering. Thank you Sarah 🙏🏼

  • @A.I.-
    @A.I.- 6 років тому +2

    There is a big difference when you produce an item/service and sell it for a profit.
    Trading is trying to profit without ever producing anything.

  • @howardbonds5189
    @howardbonds5189 6 років тому +53

    I really thought you were going to teach us something!!! Boo!

  • @mekhiesutherland-lavign7559
    @mekhiesutherland-lavign7559 4 роки тому +1

    My math teacher assigned me too this video and asked me 10 in depth questions about it, ive literally never wasted more time in my life. I just had to repeat everything this video did, and it had no value to me learning mathematics at all

    • @UnbearableYT
      @UnbearableYT 3 роки тому

      Why would your math teacher tell you to watch this video?

  • @adamnilsson2843
    @adamnilsson2843 4 роки тому +3

    Thank you for identifying the problem, now what is the solution?

  • @serenitycoastUK
    @serenitycoastUK 6 років тому +44

    Everyone's an expert in a bull market :-)

    • @vincentyeo88
      @vincentyeo88 6 років тому +5

      my shoeshine boy is the best stock analyst at the peak of the market. Lol

    • @deserthobo
      @deserthobo 4 роки тому +2

      And every day trader is an expert trader :-)

  • @bongumusakowa5452
    @bongumusakowa5452 2 роки тому

    Powerful Speech!!!Thank You Sarah Potter

  • @ssg04c
    @ssg04c Рік тому

    Brilliant talk. She focuses on having a clear idea of value rather than simply counting dollars and cents, which I think is a great approach.

  • @timodelange
    @timodelange 5 років тому +6

    Thank you this was exactly what I wanted to hear/learn. Despite all of the negative comments I found this really good if you never invested anything. The message you can do it too is very important. At least for me...now..thanks thanks keep up the good work

  • @alex-p
    @alex-p 6 років тому +17

    Is it me or this was a real waste of time...

  • @cltshakur6760
    @cltshakur6760 4 роки тому +1

    I LOVE THIS ITS A GREAT WAKE UP CALL TO STOP IDEALIZING THE FANTASIES THE WORLD TRYS TO SELL US ABOUT EVERYTHING THIS JUST FOCUSES MOSTLY ON FINANCIAL SUCCESS

  • @sancrtr
    @sancrtr 6 років тому

    shes a treat to the eye and the mind

  • @briandietrich1373
    @briandietrich1373 6 років тому +134

    I've noticed that most of the TED talks lately are worthless wastes of time...

    • @stevecarter8810
      @stevecarter8810 6 років тому +5

      Brian Dietrich TED x is my bane

    • @whickervision742
      @whickervision742 6 років тому +11

      Yup. Retrain youtube to show you TED talks, and not TEDx talks as they are typically veiled marketing or advertisement.

    • @duubtuub3071
      @duubtuub3071 6 років тому +2

      Thank you. I thought I had begun to sense a general theme of "look at me, I'm giving a TeX talk to make money, and now you can too, if you only believe in yourself!" Extra thanks for the metaphor of youtube watching us and learning, what?, the average intelligence of viewers? (Let's do better.)

    • @ericbeck6390
      @ericbeck6390 5 років тому +1

      YES! Why are TED talks so revered? It's like I'm in the Twilight Zone.

    • @angelastarks8291
      @angelastarks8291 5 років тому

      You're right. They often have tempting titles but don't deliver. Just more click bait.

  • @vaderwashere365
    @vaderwashere365 4 роки тому +1

    Thank you for the great information. School hasn't been targeted to drive children towards success. It is more accurately driven children to conformity in society. Very rarely does a school with class sizes of 20+ have the resources to teach 20 different learning styles and avenues for financial success, unless people want to pay a lot more in taxes/tuition. This has, and for the foreseeable future, will land on the parents' plate of responsibility. It is one reason why the wealthy get wealthier and the poor stay poor. I only learned about wealth because my father was a real estate agent and worked for wealthy people. I continued my own education by taking Finance in college. It takes a lot to learn how to make money and how to make your money make money. The stock market is one way for sure, but there are others that aren't even touched on in the talk (real estate, business investment, micro loans, etc.).

  • @ntnrocket1
    @ntnrocket1 6 років тому +2

    Even the word "trading" sums-up fast-paced moves, blips and bloops, fast ups and downs. Making 10 percent in one day and so on. Making 10 percent a year is a very good return, for the most part, better than just about any bank or bond right now. The benchmark we should use when investing/trading/ect is what are banks paying in interest?? What is the regular stock averages doing and what are bonds doing??? If we can beat those rates with our own stock moves, then we are beating "the market." But then again, if we take a loss, we might be able to shrug it off especially if we are in the game; but a friend who isn't used to the moves of stocks hears about the loss and they freak out, afraid of ever investing or trading because they don't want to lose any money at all. "If you can't accept losing, you can't win." Vince Lombardi--a wise sage.

  • @robertharlton3850
    @robertharlton3850 6 років тому +5

    Trading in equities os a short path to a quick death. Investing, on the other hand, allows you to sleep at night, knowing ALL your invested money is working to grow your wealth.

  • @perrymeanspearwine
    @perrymeanspearwine 5 років тому +1

    When the guy with the $5000 asked her how to double his money, she should have said for him to find a stock, ETF, or mutual fund that has an average annualized rate of return of at least 10% over the last 40 years, then put his money in that and wait for 7 years (less if he is reinvesting dividends, and even less still if he is putting in additional capital over time). That nonsense about not worrying about double ones money and just going out to eat with the family instead of worrying about making money in that situation made me want to scream!

  • @andrzejjablonski8571
    @andrzejjablonski8571 4 роки тому +1

    The title should be "What you weren't taught about making money you won't find here ".

  • @superswaggerorgasm
    @superswaggerorgasm 6 років тому +47

    Probably the dumbest ted talk that I have ever wasted time on! She didn't talk about anything involving the stock market or even things about dow theory that helps makes sense of the stock market. She didn't talk about how inflation makes saving your money a bad idea so you should invest instead because on average the stock market always goes up. She just said stock trading is easy and repeated that for the next 12 mins. She makes way too many generalizations to provide any useful information at all.

  • @wisepersonsay3142
    @wisepersonsay3142 5 років тому +1

    Being successful and being confident is not the same notion. When parents don't teach children how to manage time and money, the parenting is in a big question. Doomed for unsuccessful and unconfident kids. More importantly, parents need to teach themselves and children why money is needed to make things go around more smoothly than without. The reasons and motives must be right, foremost.

    • @amritashetty4090
      @amritashetty4090 Рік тому

      At least Parent or teacher should teach basic skill such as making your own time table and schedule because making this is more scarier than Horror.

  • @farrandeschamps2186
    @farrandeschamps2186 5 років тому +4

    Ah yes, trading! The art of taking out of a system without putting anything in. And her coffee wasn't free, she probably spent untold hours, and luck, getting that profit. You'll have my respect when the get something because you gave something.

  • @jagdishwarrao4287
    @jagdishwarrao4287 5 років тому +4

    I dont know why so many down votes since I absolutely feel that video was very helpful in guiding the beginners well... I thank you so much Sarah for your thoughtful insights on how to begin the trading!
    Take care and God Bless you all :):)

    • @j.e.anderson7896
      @j.e.anderson7896 4 роки тому

      jagdishwar rao. i felt the same, she is probably starting out with her points of financial comprehension and targeting her beginners market 31 and under years to retire ?

    • @j.e.anderson7896
      @j.e.anderson7896 4 роки тому

      jagdishwar rao Work is work strike one. And as far as I’m concerned, how many teds talks will she have in her portfolio before her commenters do ? will the others do any teds or books ? any of her down votes master some of their own orientation or self help, goal setting, mentoring motivational skills going ? Public ally speaking ?

  • @GA-jx3dx
    @GA-jx3dx 6 років тому +31

    Did anyone observe that all the people appreciating wrote at the same time. These guys must be the well wishers of the speaker. While the intentions were good nothing fruitful was told.

    • @lexiaotiqin
      @lexiaotiqin 6 років тому

      I believe that dispelling the myths that we have culturally propelled around making money is relevant to all of us. Developing the skill of making money is a great idea - one doesn't need to be on Wall Street to trade or learn how to invest. What do you do to help the next generation (or any generation) learn how to make money?

  • @renniegabriel
    @renniegabriel 4 роки тому

    4 minutes in was enough. Glad I looked at the comments. Until we realize how society, books, movies and fairy tales promote the attitude that only the poor are noble, then we are not going to get very far with our money.

  • @DMRoper1
    @DMRoper1 6 років тому +21

    Did anyone get anything from this? If you did, can you tell me?

    • @achenkin
      @achenkin 6 років тому +17

      Her point was that the educational system does not teach us about money, and investment advisors teach us to save and be frugal (budget). She did not learn to "make "money until after her second child was born. Her talk is a call to make yourself financially literate, to "make" money vs. save and be in a constant state of self denial.
      At 1% interest, your bank account will double in 72 years. This is called the rule of 72. at 10% interest, it will double in 7 years. If you are not financially literate, the only way you "make" money is to constantly add to your investments. If you invest more aggressively, your money can grow on it's own, and throw off income that can buy you coffee - and more. FYI: I am an active investor and invest in dividend and growth stocks.

    • @hellooutthere8956
      @hellooutthere8956 6 років тому

      Alan Chenkin so where can one learn the basics in becoming financially literate? My kids rec a house as an inheritance? Wht can they do with it?

    • @achenkin
      @achenkin 6 років тому +2

      Money is both an asset and a tool. Becoming literate about money is to learn everything you can about saving, earning, and using money to achieve your goals. Listen to Radio shows like Dave Ramsey, Books by Suzie Orman, and talk to financial professionals - not insurance salesman, but accountants, lawyers, and Certified financial planners, BEFORE you make any financial moves. If your kids have an inheritance, they need to seek out professionals and learn what options they have, liquidating it, renting it, tax consequences, etc. If they turn it into cash, they need to learn how it can be an income they won't outgrow. Best of luck.

    • @enlightenedtrucker739
      @enlightenedtrucker739 6 років тому +1

      That trading is a skill that can be learned and you shouldn't go into the market with unrealistic expectations.

    • @Jim007baker
      @Jim007baker 5 років тому +2

      Well said, many people i believe are expecting some magic way of making money (like the lotto) and they are disappointed when they listen to the talk, this is a pragmatic system of working the stock market, and as such I think it has worth. It may not be the way that people like to play the stock market but it is one way, and can be successful. Giving money to stock brokers and hoping for the best is not the most prudent method of managing your money imho,

  • @human1513
    @human1513 5 років тому +3

    Did you know even Warren Buffet started as a Day Trader until growing his $$$ bigger. Then he used his gains to also do longer time holds.

  • @Scatman1701
    @Scatman1701 6 років тому +8

    What is the message of this video?

  • @Steelhead383
    @Steelhead383 6 років тому +116

    Worst TED I have ever listened to. This talk is devoid of any substance.

    • @AlumniQuad
      @AlumniQuad 5 років тому +3

      More and more everyday people could be daytrading more and more of their meager incomes to cover their ever-increasing trading losses! And it's the educational system's fault that they don't know that they could be doing this! In other words, we need a grassroots effort to introduce children to daytrading!

    • @Abdullah-london
      @Abdullah-london 4 роки тому +1

      @@AlumniQuad haha!

  • @markanthonio2089
    @markanthonio2089 2 роки тому

    Bị nghiện bài này từ thời Bảo Thy, ko ngờ lại có ngày được nghe idol mới trong lòng mình Đức Phúc cover lại. Cảm ơn em ĐP vì đã cover lại lắng đọng cảm xúc như vậy

  • @Chimonger1
    @Chimonger1 6 років тому +2

    Must have a balance between living frugally, investing safely for retirement [A, B, or C funds for instance...and how to recognize signs it’s time to switch from one to the other], simple savings, careful spending, avoiding using credit as much as possible. And nope...not one thing about this was learned in school, and very very little from parent units.
    She said kids need to learn compare/contrast, and discernment...kids sure do need that! Kids also need to learn real math, real grammar, real spelling, real punctuation, how to write a check, balance a checkbook, real-world applications for the core courses kids need to be really learning in school.
    That doesn’t appear to be happening much. She’s right...most average people could do all that, IF they had information HOW.
    Real problems can happen though, if politicians get away with destroying Social Security, expecting people to survive into old-age, cut-off from the established Social Security system, to fend for themselves, without that knowledge and ability to use it for a lifetime....the knowledge and practice needs to come FIRST. The real problem with Social Security and Medicare is that gov’t has been pilfering the funds for years, and failing to replace them; now it’s dwindled to dangerous lows, such that it’ll take some miracles to restore....that’s likely the real reason for some pushing for “privatization”. Privatization has consistently failed to provide better service or lower prices, on every system it’s been done to.
    Every time I see “Privatization” I think, “Profiteering at everyone’s expense”.
    Savings and investing guidance needs to start as soon as a kid has an allowance, in small ways to start, so they can get a taste for it, and learn how to do it fairly safely/conservatively, and only using finds they can afford to lose, on riskier investments. Common sense.

  • @gordongekko2781
    @gordongekko2781 4 роки тому

    Thanks for the shout out!

  • @noccki6694
    @noccki6694 Рік тому

    Great presentation. Thank You.

  • @marshallkupka-moore2046
    @marshallkupka-moore2046 4 роки тому

    I liked this video! Thank you!

  • @wilimliao1149
    @wilimliao1149 6 років тому +44

    talked a lot and said nothing.

  • @anaf4072
    @anaf4072 4 роки тому

    Omg! All these comments! The message was that anybody can learn the skill needed to trade. That the language is needlessly complicated. It's like you can't be your own lawyer because the system is setup that way as to complicate every little thing. But it doesn't have to be that way. That's the message. I felt it was more directed at women, especially the ones that stay at home with their kids. It spoke to me.
    Anyway, the title , as I understood it, 'what you weren't taught about making money' - is that it's simpler and more attainable than you feared.

  • @ArkMantony
    @ArkMantony 5 років тому +1

    This really seems akin to having a small-sum lottery winner on to talk about how to make money buying lottery tickets. Once you win just spend your earnings it's so great! She's benefited from trading in a bull market (long period of steady growth), but her only real information is to improve your financial literacy. Look pretty much anywhere else and you will find basically three tips:
    1. Track and control your expenses (i.e. don't live beyond your means, and avoid lifestyle creep)
    2. Pay yourself first (i.e. put a set % of earnings into savings / diversified investments)
    3. Diversify your assets (i.e. Split your investments across different sectors/markets/etfs/etc...)
    Of course all those apply to a passive investor, but I think that's who she's trying to target with this speech, people with relatively low financial literacy. For anyone trying to become an active investor (i.e. day-traders) there are way better resources out there.

  • @flitzpieperich
    @flitzpieperich 4 роки тому

    cant understand the negative comments on this, for me it was a good one. I am a hobby trader and it changed some things about the most important field. Mindset. Thanks.

    • @UnbearableYT
      @UnbearableYT 3 роки тому

      The problem is how all she says in 12 minutes is: "I trade. And so can you"
      Its not very informative and doesn't really do anything. The way she talks about it too is a bit suspect. Keep in mind I'm also a hobby trader. So it's not because I'm dunking on trading. It was just genuinly not a very good talk.

  • @SayMyName383
    @SayMyName383 4 роки тому

    Agreed. Just because you make profits doesn't mean you should go buy coffee or go out to dinner. According to more experienced money mangers you should budget your spending and investing. Investing monies are for investing. Re-invest your profits and continue growing your holdings. That disposable income is for coffee and dinners at the restaurants. However, once that money is exhausted, one must wait til the next month or replenishment of those funds.

  • @studlyhungwell
    @studlyhungwell 4 роки тому +1

    Money saved is more important than money earned. Invest only in dividend paying stocks. Start saving and investing now.

  • @AlJay0032
    @AlJay0032 6 років тому +2

    Don't tell people to trade when they don't even know what exponential means and how 3.5% relates to a doubling and how many years it will take at 3.5%, at 7% or at 10%. (See Rule of 70: divide 70 by annual percentage to get years til doubling)
    People should learn what time value of money is and a lot of other important things. People can't even calculate a mortgage and compare one set of conditions to another and include expected inflation rate in these calculations.
    She only tells you you should learn something, but not what concretely.

  • @rudraom9
    @rudraom9 5 років тому

    God bless u take care dear ..... Rohit Goswami Delhi

  • @AnthonySmith
    @AnthonySmith 6 років тому +40

    71% of Americans find it difficult to talk to a financial planner... erm, how many Americans actually have one? I would wager that its a small overall percentage based on the people i know in middle/lower classes.

    • @AnaA-ku2yt
      @AnaA-ku2yt 5 років тому

      Great point!

    • @TBradFashionModel
      @TBradFashionModel 5 років тому +1

      71% of people who have financial planners cannot discuss finances, doesn't that make sense?

  • @askformoreinfowhichyouwont7510
    @askformoreinfowhichyouwont7510 6 років тому +2

    The reason why her daughter will never learn aboit this at home is by the time her mother gets to the point not only.her daughter but her audience fell asleep.

  • @insanecaine
    @insanecaine 5 років тому +1

    TED PLease add the state and country these tedx city talks are in. Thanks

  • @evanbutlin1
    @evanbutlin1 6 років тому +8

    Lots of talk, absolutely no content or information actually shared.

  • @martinso.a.777
    @martinso.a.777 5 років тому

    She gave the clue, the pathway. Yes she didn't give away her inner secret but the word is "trading". Well it could had been a few seconds video but like Hollywood it had to be a full-time movie.

  • @neilbarnett3046
    @neilbarnett3046 5 років тому +1

    Thank you all for your excellent comments, I have avoided losing 10 minutes of my life by stopping it at 5 minutes.

  • @shiveshshrestha
    @shiveshshrestha 5 років тому

    This is about your perspective on money.

  • @bradbarber799
    @bradbarber799 5 років тому

    telling investors to sell as soon as they make a little profit and use the money to take their family on vacation is TERRIBLE advice. Keep the money invested, you future self will be thankful. Constantly buying and selling comes with so much friction cost. If you want to take a vacation save for it in your checking account then pay for it in full without using a credit card.

  • @brianrappleye9078
    @brianrappleye9078 6 років тому +4

    5,000 is not a small amount of money.

  • @JohnDoe-bf1fw
    @JohnDoe-bf1fw 6 років тому +15

    It easy for her to say this during a Bull market. When the market crashes she will be singing "Buddy Can You Spare a Dime". ...and saying that "We need to teach our children NOT to to gamble in the stock market".

    • @human1513
      @human1513 5 років тому

      LOL. We make money if the market goes up or down. It is simple and easy. Just no one teaches the public how. After all, the ones in the know do not want the others to know what they do. Like most things in life. Fortunes are made when a market crashes and then again when it starts to recover. Even through 2008, 2009, 2010. Knowledge is power.She will be just fine when the market does its next correction no matter how big or small it is.

    • @UnbearableYT
      @UnbearableYT 3 роки тому

      Market ussually rebounds though. So if you don't need the money right away, which you shouldn't invest with money you need short term then yea. Then you're in trouble.

  • @lisamathis1862
    @lisamathis1862 5 років тому

    I am a everyday person and a FOREX trader. Why is it wrong for an individual to do what banks and other institutions do to grow money. The comments here are confusing. Not the most insightful talk but this is a skill we should all have in our arsenal.

  • @nirvanaurantian6834
    @nirvanaurantian6834 6 років тому

    Trading as artful as Dodger. Well done!

  • @mvs3553
    @mvs3553 4 роки тому

    Not sure I understand all the negative comments. It's a TED talk its meant to be superficial and a bit motivational.she gave areally good insights school does not teach you how to make money,but more how to save it and manage it.

  • @alithejumbo
    @alithejumbo 4 роки тому

    So the way to make money is by not to do and to confine on the least while trying to enjoy it? Thank you! I am fine with my 9-5 job.

  • @KennTollens
    @KennTollens 4 роки тому

    Risk 1% on a trade to make 3%. Look for the trading patterns like iron condor to know when to start the trade. Set the stop loss so you lose the 1% or trade out at 3% gain. Its that easy.

    • @UnbearableYT
      @UnbearableYT 3 роки тому

      Its so easy in fact most day traders lose money. But thanks for the certain cash grab hot stuff.

  • @carlosarias3150
    @carlosarias3150 5 років тому +4

    How to get money out of thin air.
    Financial markets are castles In the clouds, with no solid bind to earth resources and natural law economics.

  • @notagain3732
    @notagain3732 2 роки тому

    De ja vu , i gotta feeling i already saw this but the problem is i used to have another google acount and no idea what it was called years ago, also watching ted talks was an addiction for me back then same as now but i have no intention of stopping when it comes to ted talks lol

  • @alanhilder1883
    @alanhilder1883 6 років тому +6

    Investing doesn't actually produce anything, Trading shares or the like is a zero sum exercise. Any money you make was lost by someone else. Very few can be winners while many will be losers.

  • @onlinesaidasa9105
    @onlinesaidasa9105 3 роки тому

    Namaste
    Investing in IPO’s is one way in which investors can grow their money well.
    For instance when Amazon floated an IPO, each share was priced at $18. It currently
    Trades at $3100.
    Thanks

  • @innerfreedomhappiness
    @innerfreedomhappiness 6 років тому +3

    Wonderful

  • @therealmccoy5433
    @therealmccoy5433 5 років тому

    You gotta love it when they use statistics and percentages to play on your fears ..

  • @craigandrews2552
    @craigandrews2552 6 років тому

    What we weren't taught about is that banks make money with an endless supply of credit ! and its impossible to pay all the debit !!

  • @biffaozzie2373
    @biffaozzie2373 6 років тому +6

    Robert Brown- yep. What we have here is a woman who makes money by writing books on how to make money. This is nothing more than an advert for her own products. "I have a machine that can make unlimited amounts of gold out of old beer cans- I'll sell you the plans for 150 bucks" Disingenuous claptrap.

    • @caminoprojectUS
      @caminoprojectUS 6 років тому

      to be honest you arent quite accurate. what she is saying is --- get out there. experiment. learn. grow. have fun. not buy my book. and to that end she has a point.

    • @rodschmidt8952
      @rodschmidt8952 5 років тому

      So THAT'S what we should all be doing!

  • @themistdu
    @themistdu 6 років тому

    Totally agree that financial education is needed in the mandatory school program anywhere in the world. Although we all know why it isn´t.... It´s not good for some that everyone knows how markets and entrepreneurship works. I think one important thing she forgot to mention is tha society bias where it is belief that people which want to make money are bad people. It´s crazy the amount of people that frawn upon the ones that have the financial wealth ambition! It would also have been nice if she had explained if she was a day trader, swing trader or more long term investments. Because it is totally possible to double your money. I mean the money you invest, which I hope are not your life savings..The timeframe and the asset class is the important question for how to try to double it. Look at the FANG, in each of them, invested in the right time you could have doubled your money... Look at crypto.

  • @erodinator5315
    @erodinator5315 5 років тому

    Ahh man, I’m reading the comments as I watch this video...... I ... must.... stop.... watching.... but ..... I just...... can’t ... stop!!!!

  • @tanliz17
    @tanliz17 4 роки тому

    This is brilliant! Thank you and I have recommended this talk in my women financial literacy company Finesse Finance

  • @naysaksipad1974
    @naysaksipad1974 2 роки тому

    I hate the word money, because it’s all about value!

  • @constantinf.5764
    @constantinf.5764 6 років тому +33

    She makes money by selling books on how to make money. Speaking all this nonsense that everyone else knows already is making her money by mentioning about her books. I think this is called content advertising.

    • @inderjeetsingh7770
      @inderjeetsingh7770 5 років тому +1

      Selling the idea of how to make money is also an idea of of making money.

  • @lightaiyee
    @lightaiyee 6 років тому

    The speaker wrote a book about trading. She goes about speaking publicly about trading. I can see where it is going to lead to. She is trying to make a career teaching about trading to supplement her trading income. If the speaker is really that good as a trader, she will devote 100% of her working time to trading and not trying to develop a back-up career in training traders. I do know of great traders who spend some time teaching traders but they do it free of charge. Their main focus is still on trading and not training because they know they can make more money trading than training.

  • @cherylburch8384
    @cherylburch8384 5 років тому

    Good job.

  • @fmpapt
    @fmpapt 6 років тому +9

    Convince regular people to start trading so that trading companies and funds make more money out of it...

    • @putheflamesou
      @putheflamesou 6 років тому

      Reg pep?? Hard/expensiver to do taxes also a great quick way to get "feel" was message boards but they blew them up by popular resistance. Face it comm is a POWERFUL tool.

    • @classicrocklover5615
      @classicrocklover5615 5 років тому

      And don't worry about learning the terms and vocabulary of the financial world...just a waste of time.

  • @mitchellkienhuis9870
    @mitchellkienhuis9870 6 років тому

    It is replacing my Nokia 1011.. the oneplus would make watch your channel on my phone significantly more easy....

  • @tekootianderson
    @tekootianderson 2 роки тому

    By teaching personal finance. Financial literacy & numeracy, and accounting is not fiscal responsibility.