I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024
Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.
Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
My CFA “Sonya Lee Mitchell”, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Unfortunately, not all of us were financially literate early, I was 35 when I finally educated myself and started taking steps. I went from $176,000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1000,000 net worth. I know that doesn't SOUND like a lot, but l'm incredibly proud of it. Now I'm fast-tracking my wealth building (investing $400,000 annually) and don't owe a dime to anyone. It's a good feeling!
Exploring new investment opportunities demonstrates your proactive stance towards financial growth during these volatile times. Diversifying your portfolio can play a crucial role in effectively mitigating risks...
Don't be confuse buying the dip in a bear market, with guaranteed future returns. Just because that company is down 60%+ from ATH does NOT make it a sound long-term investment. Make sure you're investing in great companies. kudos to Brooke Miller
0:25: According to Munger, you don't need as much money as you think to start generating high returns. 1:29: Munger advises finding a few opportunities and acting aggressively on them. 1:45: Munger's maternal grandfather taught him that there are only a few opportunities in life that lead to prosperity. 4:39: Warren and Charlie are forced to focus on large investment opportunities, which are less likely to be mispriced. 5:09: Small investment opportunities are often overlooked by large investors, creating potential for inefficiencies. 6:02: Using stock screeners can help identify small, potentially mispriced stocks that may be overlooked by Wall Street. 8:18: Successful investing requires waiting for the right opportunities and avoiding the wrong ones. 9:14: A concentrated portfolio focused on a few outstanding businesses can lead to higher returns. 10:04: Billionaire investor John Ariaga's fortune is primarily in real estate, emphasizing the value of specialization. Recap by Tammy AI
My positive attitude is definitely one of my strengths. I have been a restaurant server, a tutor, and a health aide in the past decade, all jobs that require plenty of energy and endurance. I can view a situation from multiple perspectives and empathize with my customers, students, and patients to understand their needs at any given time. Well I must thank Lilian for taking the time to work with me in investing in to Bitcoin. It helped me get so much that I didn’t expect. Thank you @lilianharris_entrepreneur. I recommend you 👍🏻
Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios this 3rd 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?
Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder
Very true, you can be passively involved in the markts and still amass wealth-gains using an investment advisor. I first dabbled in stocks late 2019, just before the pandemic, and that same year gained over 150% with no prior investing experience, basically all I was doing was following directions of my advisor. We are working on a retirement ballpark of $3m and I’m certain my goal isn’t farfetched after subsequent investments and tremendous returns so far.
Sure. There are a lot of independent advisors you might look into. But I only work with “ Laura Marie Ray ‘ and we have been working together for nearly four years. She has since provided entry and exit points on the securities I concentrate on. She's well-grounded and known, shouldn't be a hassle finding her page.
@@ElizabethGalvin1 Thanks, could really use the recommendation, I've been losing a shit-ton lately, I looked up Laura Marie Ray and I wrote her detailing my Fin-market goals
My biggest irk with ETFs is the lack of optimization;changes in any given stock in the ETF can drag your portfolio down. While dividends can provide immediate income, the true power lies in the compounding effect over many years. But in general, I think the stock market isn't showing any sign of slowdown and I'm still looking for companies to make additions to my $350K portfolio, to boost performance. Here for ideas...
With world markets tumbling, inflation soaring, the Fed imposing large interest-rate hikes, the treasury yields rising rapidly, markets manipulations, and many other factors makes me wonder if people still make profits from all these investing BS.
Focus on two key objectives. First, stay protected by learning when to sell stocks to cut losses and capture profits. Second, prepare to profit when the market turns around.I recommend you seek the guidance a broker or financial advisor.
@lawerencemiller9720 Invest in dividend companies. Any company that pays dividends is making money. If you invest in companies that don't pay dividends, well...
There definitely is but of course it’s much harder than during a bull market. Safest thing to do is earn 5.3% risk free in a money market account. Those rates haven’t been available for decades. If you have $1mil in savings you’d make $50,000 in interest.
If I had $360k I would invest $100k in tech & $260k into dividend stock with a proven track record to grow with capital appreciation & dividend increase year over year
Adding JEPI and JEPQ are smart additions in my opinion. As for staying committed to higher-risk investments, it's all about balancing your risk tolerance with your long-term goals.
The market is not necessarily a rollercoaster if you know your way around the market, there are various opportunities in the present market to accrue good profit, If you are not too savvy with the market, just buy and hold on strong companies with good earnings, or consult with advisors on ETFs and actively managed funds. that’s what works for my spouse and I. We've made over 30% capital growth minus dividends.
The problem we have is because Most people always taught that " you only need a good job to become rich. These billionaires are operating on a whole other playbook that many don't even know exists.
It is remarkable how much long term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.
The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.
I also keep seeing lot's of people testifying about how they make money investing in Stock, Forex and Crypto Trade(Bitcoin) and I wonder why I keep loosing. Can anyone help me out or at least advice me on what to do.
Even with the right technique and assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.
Charlie's point is this: there are a million pitches that will come your way, but in life, unlike baseball, there are no called strikes, so wait for a pitch in your sweet spot and then swing _hard._ I'm 39 now, and my pitch came in 2020 when my work became insanely busy and I was able to get unlimited overtime pay for about 6 months. Ergo, I worked about 14 hours a day for 6 months and invested the surplus into blue chip stocks that were at once in a generation (or lifetime) discounts, and ended up generating a significant stream of dividend income that would have taken about 15 years to amass otherwise. Your opportunities will be different, but arrange your life so that you can take advantage of whatever comes your way, and living below your means certainly loads the proverbial dice in your favor.
I feel investors should be focusing on small caps stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
This is definitely considerable! think you could suggest any professional/advisors I can get on the phone with? I'm in dire need of proper portfolio allocation.
Just shove it into an S&P 500 index fund that’s all you need. if for some reason, you feel a reason, go ahead and invest in an international index fund.
@@DanielOrstein just get your money into an S&P 500 index fund. You’ll get a very nice return and you’ll be well diversified with the best companies and if you feel the need go ahead and put some cash into an international index
Just discovered your channel with this video -- I was able to think about my situation and I'm curious to know best how people split their pay, how much of it goes into savings, spendings or investments, I earn around $90K per year but nothing to show for it yet.
@@Higuannn I think you're better off with majority investment in S&P500 and uprising equities cos they always outperform. Also speaking with an advsior can help with pointers. I've been in contact with one I reached through commentaries here, she has been really helpful.
@@Jaymilnere Sure, Alicia Estela Cabouli is the licensed advisor I use. Just research the name. You’d find necessary details on the web to set up an appointment.
It's actually a smart move to get help from experts when you're starting to build your financial portfolio. It can be quite complex, so seeking professional guidance is a great idea.👌
Getting advice from financial advisors, like Della Martin, will be a smart move to reshape your portfolio. They have the expertise to help you make informed decisions.😊
Every week I buy more of whatever is the lowest percentage of my portfolio and try to keep everything around 10%. Please what could be my safest buys with $400k to outperform the market in 2024?
I'd avoid the index funds, mutual funds, or specific stocks for the time being. The 5% fixed incomes are the safest bet for now. Save your cash for when the market actually shows sign of recovery.
This is why I entrusted a fiduciary with my investmnt decisions. Many underestimate advisors until emotions lead to losses. My advisor crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to over $850k. My personal best so far
That's really great. I've tried doing some research myself to hire a financial advisor, but it's really overwhelming. Could you recommend who you work with please?
here is my problem I have been making losses trying to make trade. I thought to trade demo is just like the real..can anyone help me out or at least tell me on what to do.
I remember during Covid, Oil was so incredibly cheap when people were locked at home … I walked past a gas station with a friend of mine, we looked at the prices, at each other, and immediately bought oil on our trading platforms. It sky rocketed through the roof later … too bad we had only invested 1.000€. Should’ve invested more, but this seemed like “one of the few good ideas” you have in life.
COUNTER POINTS: Anyone can make the claim they can make a 50% return. Actually doing it is another story. In Berkshire's most profitable periods they earned 20% annually on their investments, not 50%. (which is still extraordinary) So, I would take it with a grain of salt when he boasts that he could make 50% returns. Secondly, the average Joe will not advance if they spend YEARS waiting for the perfect pitch. It would be better to at least invest in an index fund while you keep your eyes open looking for the right opportunity. Also, I'm a bit skeptical of this notion that diversification is a bad thing. Berkshire Hathaway is actually one of the most diversified companies on the planet!! So, you should probably watch what they DO, not what they say. [Disclosure: I've been following Buffet and Munger for years. And, BRK is the 2nd largest holding in my portfolio.]
There's a big difference between managing a small personal portfolio where your income and savings are larger than the whole portfolio, and a multi billion dollar fund. With the small portfolio, you can identify a few strong opportunities and pursue them aggressively, doing that with a billion or trillion dollar fund is irresponsible. Nothing wrong with diversification, but the potential rewards are lower as a result of the reduced risk. That's why Berkshire has smaller gains than the 50% boasted of here, it is heavily diversified.
@@avocadoarmadillo7031 Yes, the more concentrated a portfolio, the wider the range of outcomes positive or negative. That concept is essential to my point. My criticism is that it is a bit irresponsible for a couple of the best investors in the world to encourage the average joe to ramp up that risk. I would argue that slow and steady gains are a wiser goal for the average investor who has a fulltime job (or family duties) unrelated to finance.
concentration builds wealth. diversification protects it. they both have a place, you should get more diverse as you grow, which is what brk did, but they started out much more concentrated.
If you make double digits on managing other people's money while driving great investing choices like buying out insurance companies instead of picking stocks and arranging preferred dividend deals for the fund's investment interest I can easily see 50% returns.
It's recommended to save at least 15% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 15% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of compound interest and potentially grow your retirement savings over time.
Effective personal finance management is more important than the amount of money saved, regardless of whether income is earned through job or investment. Individuals can seek counsel from a certified financial advisor to optimize financial outcomes, who can provide specialized advice and methods to decrease expenses and maximize income...
@@patriciacarlos I completely agree; I am 60 years old, recently retired, and have approximately $1,250,000 in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, the Fin-advisor can only be neglected, not rejected. Just do your due diligence to identify a fiduciary one.
@@gowonjake Do your due diligence and opt for one that has tactics to help your portfolio continue consistent and steady growth. "Tenley Megan Amerson" is accountable for the success of my portfolio, and I believe she has the qualifications and expertise to accomplish your objectives.
@@brendazvandasara This is useful information; I copied her full name and pasted it into my browser; her website popped up immediately and her qualifications are excellent; thanks for sharing.
Ah, the age-old question of investing small amounts... I’ve got a ‘small’ $231k emergency fund just sitting around, waiting for me to get my head in the game. I guess this is where the magic happens, right? 😏 If I don't do something with it soon, I might just spend it all on avocado toast and lattes. Looking for a headstart, though-maybe something that'll keep me awake at night (in a good way)!
Haha, $231k just chilling, huh? Talk about a first-world problem! 😆 But hey, don’t dive in without a plan. You might want to think about getting an investment advisor to give you a clearer path. Trust me, it's like having a GPS for your money-it makes the journey smoother, and you'll avoid some of those potholes along the way
Wow, you guys are making this sound so easy, but finding the right investment advisor feels like trying to find a needle in a haystack. I’m at that stage where I know I need help, but where do I even begin? Should I just throw a dart at a list of names or what?
There are a handful of CFAs. I've experimented with a few over the past years, but I've stuck with ‘' Linda Aretha Reeves” for some years now, and her performance has been consistently impressive. She’s known in her field, look her up.
Just looked up Linda Aretha Reeves-she's exactly what I’ve been searching for! Thanks for the recommendation. Finally feels like I’m on the right path to making this money work for me, instead of just sitting there looking pretty
What sets top investors apart from the rest? I've got $385K in equity from a home sale and I'm unsure whether to put it into stocks or wait for a more favorable market condition.
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.
A number of individuals downplay the significance of advice until their own emotions become unbearable. A few summers ago, after a drawn-out divorce, I needed a big shove to stay afloat with my company. I located the most qualified adviser after searching for licensed advisors. Despite inflation, she has helped me grow my reserve from $275k to $850k.
'Laurelyn Gross Pohlmeier' a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
Let's not gloss over the fact that Mr. Munger casually mentioned his great grandfather OWNED A BANK and the incredibly " small amounts" of 10k of cash to invest is well beyond most people
I am at the beginning of my "investment journey", planning to put 85K into dividend stocks so that I will be making up to 30% per year in dividend returns. Any advice?
People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!
Svetlana Sarkisian Chowdhury a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
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.
I began investing at the age of 33, primarily utilizing my hard work and dedication. Now at the age of 38, I am delighted to share that my passive income exceeded $100k for the first time in a single month. This advice is truly valuable, so don't hesitate to take action. Remember, it's not about achieving wealth quickly but rather about building wealth consistently and persistently.
This is superb! information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor ?
I understand the uncertainty of tomorrow, and I agree that starting to invest today can be challenging, especially without a clear understanding of where and how to invest. Since I've personally tried navigated the path to passive income, I'd be delighted if you can offer me some guidance based on your experiences that help you embarking on your own journey towards financial security.
I never expected it, but after closely monitoring my portfolio's performance, I was astounded to see it generate a staggering $473k in just the past two quarters. This eye-opening experience has given me insight into why experienced traders can achieve remarkable returns even in lesser-known markets. Taking this leap was undoubtedly the boldest decision I have made recently.
I'm working with a consultant named *'Nolan Velden Brent,'* whom I discovered through a CNBC interview where he was featured. After reaching out to him, he has been providing valuable entry and exit points for the securities I focus on. If you're interested in his supervision and expertise, you can look him up online using his name. Following his trade pattern has been a rewarding experience, and I have no regrets about doing so.
Mark what can I do? I have been disabled since 2009 and I am 58 years old at the verge of retirement. My portfoliio of $750k is down to $492k, How can I profit from the present market" , I mean I've heard of people making upto $250k in couple weeks during this crash and I'd like to know how.
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Svetlana Sarkisian Chowdhury is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
I've been diligently working, saving, and investing toward financial independence and early retirement, but the economy since the pandemic has eaten up the majority of 200k portfolio. I want to know: Do I keep contributing to my portfolio in these unstable markets, or do I look into alternative sectors?
I stopped listening and taking financial advise from these UA-camrs, because at the end of the day, I end up with a bunch of confusing stocks without knowing when to take profit, In reality, all I needed was professional advice.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
I’m a contractor, and my job doesn’t permit me the time to properly analyze my holdings/evaluate stocks myself, so I’ve had a fiduciary "Pamela Kay Regel" actively restructuring my portfolio for the past 7 years now to match the present market condition and that’s how I’ve been able to stay afloat, knowing when to buy and sell…maybe you should do the same.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly scheduling a call.
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks
@@Donnafrank-k6e However, if you do not have access to a professional like Clementina Abate Russo, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments.
As an elder millennial, one of the few advantages is having lived through the Great Recession, Election and Economy Crisis. My advice. Reduce unnecessary expenses, increase your savings by investing in financial markets and do not sell. One thing I know for sure is that diversifying your income can help insulate you from much of the craziness going on in the world.
The investment you choose isn't right or wrong, just depends on the kind of business person you are or simply the kind of person you are. However, the end game is investing money long term creates wealth every time. Just pick what you like and understand, invest and it will pay off. A lifetime of investing for 5 mil is not hard to accrue.
That's true...I'm thinking of investing in stocks or digital assets to grow my money for the first time, but I lack the in-depth knowledge and mental toughness to deal with these recurring market conditions. please any advice or pointer on how to outperform the market producing good returns.
You're absolutely right! It just takes a good mindset and nerves of steel. I was deeply invested in 2020 with the economic crisis being bad, divorce, and me with no job, so I had to work my savings in a well-diversified portfolio of stocks and digital assets that grew 4x with capitalization, venturing is not necessarily just about funds but also to be well informed. It's a long-term plan for me so I invest and reinvest
Exactly why I enjoy my day to day market decisions being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/ analysis they have, it's near impossible to not outperform, been using a portfolio-coach for over 2years+ and I've netted over 400k
Mind sharing info on the adviser who assisted you? been saving for pension since age 21 - company scheme. along the way I hit higher tax, so I added to my company pension with a SIPP (tax benefits) I'm 48 now and would love to grow my finance more aggressively, there are a few cars I still wish to drive, a few mega holidays, etc.
Warren Buffett's suggested never investing in a company that you don't know anything about. Index funds will do just fine. As a matter of fact they've done studies in index funds outperform actively managed funds every single time.
Exactly. He said he puts 90% of opportunities in his I don't understand Pile. So if warren doesn't feel comfortable with 90% of buisness, imagine the average person? Etfs are the way to go
Investing in many sources of income that are independent on government paychecks is the prudent thing that everyone should be thinking about right now, especially given the global economic crisis. Stocks, forex, and digital currencies are still good investments at this time
Most people think, investing in crypto is all about buying coins and leaving it to rise, come on it takes much analysis to be a successful crypto trader.
Trading without professional guide...Huh i laugh you, because you will remain where you are or even make huge loses that will stop you from trading, this has been one of the biggest problem to new traders
Good point , seeing as an estimated 3-5% ( closer to 2-3% in Dec 21) of world population owns crypto. To grow to 1B in year would be amazing! However, with the current state of things , zthat growth might be low estimate the US/USD , continue to debase, etc have been and continue worsening.
"If you told me you owned all the bitcoin in the world and you offered it to me for $25, I wouldn't take it," Buffett said. "Whether it goes up or down in the next year, or five or 10 years, I don't know. But the one thing I'm pretty sure of is that it doesn't produce anything" - Warren Buffet Charlie Munger on crypto: "It's ridiculous anybody would buy this 'massively stupid' stuff" These two juggernauts would never touch something that is essentially a Ponzi scheme like crypto where you hope the guy behind you will pay more for the thing you bought but it has no intrinsic value.
My mother bought a house in NYC in 1965 for under $30,000. It's now worth almost $1 million. It's nothing special, just a small hi-ranch with a rental apartment.
Investors can’t predict the future, bearish periods automatically give way for a new set of stocks to buy and watch while setting the stage for a new profitable uptrend. I have come across articles of people that grossed profits up to $250k during this crash, what are the best stocks to put on a watch list or buy at the moment?
I agree , I assumed I had a hang of the market at first, I gained $50k one year and I was super elated, not until I stumbled upon a portfolio-advisr whose been guiding me since the market's been sham after the pandemic, to my utmost surprise I nettd a whooping $280K during this dip, that made it clear there's more to the market that we avg joes don't know
I started out with an FA named Heather Lee Larioni. Her honest approach gives me complete ownership and control over my position, and her rates are incredibly affordable given my very impressive ROI.
🚨🚨🚨 SCAM WARNING 🚨🚨🚨 Several UA-cam channels have been plagued with automated computer programs (Bots) pretending to be real people promoting different 'advisors' (scammers) and tricking regular people into contacting them. This post appears to be one of those scam attempts.
My God... couldn't A.I. write you guys a better script than this? Heather Lee. L. ... it would be laughable if it weren't so sad... such a telegraphed pitch.
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 $400K across markets but don't know where to start.
For a successful long-term strategy, refrain from attempting to time the market and incurring unnecessary taxes. Stay rooted and concentrate on the long-term perspective!
I have been in touch with a CFP ever since the outbreak. With an initial starting reserve of $100k, my adviser chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
May I inquire about your recommendation for the specific professional whose services you utilize? I am currently facing several marketing challenges and would appreciate your guidance in this regard.
I've enlisted Stacey Lee Decker as my fiscal guide, and her expertise contributes significantly to the fiscal industry. Acknowledged as a reputable authority in the field, she holds a deep understanding of portfolio diversification. I encourage further exploration of her credentials. With her extensive experience, she proves to be an outstanding guide for those aiming to grasp the complexities of the fiscal market.
No market timing buy value stocks. Value stocks have low p/e, p/book value and have been paying dividends without a break for the last ten years. When interest rates go up, you may reduce your stock holding say from 100% stock to 75% stock and 25% bonds/bills.
I started investing when I was 18, primarily through sweat equity. I just turned 26 and last month my passive income passed the $100,000 mark for the month for the first time. This is solid advice! DO IT! You don't have to get rich quick, you just have to get RICH no matter what.
Understanding personal finance and invsting will likely lead to greater financiial independence. By being knowledgeable about money and invsting, people can make informed decisions about how to save, spend, and invest their money. I know of someone who made over $350k in this recession influenced market, but to my knowledge it was through a financiial adviisor.
Having a finanncial counselor can make a significant impact, especially in this market. St0cks are a bit shaky at the moment, but with proper analysis, you should be okay. I've heard of folks generating over $250k in a matter of weeks or months, so there is definitely wealtlh transfer going on if you know where to look. Since 2019, I've been workin with a financial advisorr, and my portfolio has risen to $1.6m. It's been a long road!
Mr Glen pal, Is there any chance you could recomnnend who you work with? I've wanted to make this switch for a very long time now, but I've been very hesitant about. I'll appreciate any recomnnendation.
The thing is, I really don't like giving such recommendations. Conduct your due diligence. I have been working with "JILL MARIE CARROLL" for about four years now and she has had decent returns. If it is at your discretion, you can proceed.
This is useful information Glen; I copied her whole name and pasted it into my brwser; her website appeared immediately, and her qualifications are excellent; thank you for sharing
According to the New York Times, the average savings of a couple reaching retirement is $110k I’m closing in on my retirement and I’m under pressure to grow my reserve of $330k, despite the fact the capital gains you can make on growth stocks far outweigh dividend yields, and even in downtrends folks still pull off 6-7figures gains in months. surely the risk is much greater, but I’d love to know how.
That’s pretty tight, thing is I hold good companies but profit has been stalling, I should be fixing to retire in 3years so I need all the assistance I can get, who is the pro that guides you?
He is totally correct. Opportunities are all around you. You just have to notice them. My wealth was mostly created by buying google stock on it's IPO day and just holding. Upgrading my home in 2010 during the housing crash where it's up 400% in 13 years. Buying an investment property not far from my house that's gone up 400% in 6 years. Using leverage on that one. And just dollar cost averaging and saving for my working career. I'm not that smart maybe a little lucky but always looking for a good investment. And I've made a ton of mistakes.
Took my 401 from $80k to $650k in the first 10 years. I calculated that only 1/3 of the original start up came from my actual contributions. The rest was non elective contributions from my employer. When you interview for a job make sure you ask about the 401 and if there non elective contributions. It will signal you're looking long term employment and that you're not going to accept low ball pay and raises.
Excellent strategy...the most important part was selling when everyone is Euphoric...I realized this in the last six months. Second diversity...which leads to excessive loss and no plan... Thanks
One of the biggest guides I can think of in investing, shopping, "gambling" etc is "if you don't get it, don't get it". The other one is Warren Buffett's "Just say no" rule. Both would imply that less is more.
I'm in the stock market and also still running with investing in diverse assets, getting dividends while still trading currency pairs ,digital currencies and grade bonds i reserve gratitude for Lisa Rosa Cavanagh my humble CFA, been a year and half of steady financial growth getting ready to hit a 7 figure portfolio.
*I didn't become financially independent until I was in my late 40's, and I'm still in my 40's. In addition to having purchased my second home and earning money on a monthly basis through passive income, I've also achieved three out of five goals. I just hope this inspires someone to realize that it doesn't matter if you don't have any of these things yet, you can start today no matter your age. Change your future by investing! I made a rather big decision by investing in the financial market.*
Investing in many sources of income that are independent on government paychecks is the prudent thing that everyone should be thinking about right now, especially given the global economic crisis. Stocks, forex, and digital currencies are still good investments at this time.
It's really not easy trading this market. I read a lot of books, tried to study, watch some tutorial videos, did a little demo before funding my account and I still lost a lot. The financial market could be very tricky
Beginner traders sometimes make the error of trading on their own without the right guidance or knowledge, and they frequently come to regret it. You need a mentor and an expert to help you trade as a newbie.
Great video!. Well I'm so happy I made the best decisions by having a good investment, Recently I'm able to acquire my third house even at my age and I believe if things keep going well I would retire early
That's nice! But how did you manage to achieve all that even with the current economy that's very bad? Please I'll appreciate your assistance on how to go about it, I'm desperately looking for a way to pay up my debts and also achieve my goals
The best strategy to use in trading is to trade with a professional who understands the market quite well, that way maximum profit is guaranteed, I'll highly recommend Katrina susan, she is my current trader and her strategies are working
Actually this is not the first time am hearing of katrina susan and her exploits, how she handles investments and generates good profits, she has really made a good name for her self, but i have no idea how to reach her
Berkshires number one stock purchase of all time is Apple. They purchased it 25 years after it was available. Buffet and Munger are famous for saying "They don't know much about computers, that's why they never invested in them."
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. A trader made over $350k in this recession influenced market.
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.
I am going to look her up, I have about $81k i want to start with, might be small but it's better than nothing though. Since the 08 crash is playing out again.
He started as a Real Estate Lawyer. A prime position to flip or rent properties and to build up capital for investing. He was already well off except for the issues relating to a divorce.
I'm thinking of investing in the crypto and stock market but taking my time to figure out how the whole thing works. Has anyone used Galileo FX for trading automatically?
Galileo FX is also my trading robot. With an initial invested capital of £1500, it yielded returns of over £3000 within two weeks of trading. I was really impressed.
Wealth is created by proper investments. I’m an investor and I can tell how it changed my life for the better. From my experience, it gets easier with the aid of a good trading robot like Galileo FX.
Hit 200k$ today from my trade. Thank you Fred for all the knowledge and nuggets you had thrown my way over the last months.Started with 14k in last 4months in 2024.
The only thing that Munger and Buffet fail to mention when they are giving advice is that they are both commercial and financial geniuses, which gives them a bit of a head start!
That's one reason why I think it's a bit irresponsible of them to discourage diversification. Concentrating your capital can payoff big if you know what your doing and you get it right. But, under any other scenario it can be very dangerous. Diversification is like free insurance for investors.
@gordongekko2781 Why diversify when you own Berkshire, which is itself diversified? Anyway, Munger was already well off; he went from that to super rich. I think he also started more in real estate deals that were setup heavily in his favor. I think both him and Buffet got to a point of buying stock directly from businesses and not so much on the market and under terms set by them. They show up with a lot of money, say the can buy big, and that they basically expect to pay a lower price. Or in Buffet's case, start out getting a majority stake in a company to use their assets to benefit your interests and over rule the board.
@@FluxNomad678 Right. That kind of proves my point. BRK is arguably the most diversified conglomerate on Earth. That's one reason why I'm comfortable with it currently being my 2nd largest holding. When they downplay diversification they are essentially instructing everyone to "swing for the fences". But, there is a good reason why not every player on a ball club does that. Games are won and lost with singles and doubles. Ever seen 'Money Ball'? Great film. That's how champion teams are formed in the Information Age.
My positive attitude is definitely one of my strengths. I have been a restaurant server, a tutor, and a health aide in the past decade, all jobs that require plenty of energy and endurance. I can view a situation from multiple perspectives and empathize with my customers, students, and patients to understand their needs at any given time. Well I must thank Lilian for taking the time to work with me in investing in to Bitcoin. It helped me get so much that I didn’t expect. Thank you @lilianharris_entrepreneur. I recommend you 👍🏻
This is a very practical and useful video on basic investing. Of course any would-be investor should be aware of that concept that Warren Buffett and Charlie Munger know well: margin of safety. Bigger risks with smaller companies can have bigger payouts--they can also go bust.
My positive attitude is definitely one of my strengths. I have been a restaurant server, a tutor, and a health aide in the past decade, all jobs that require plenty of energy and endurance. I can view a situation from multiple perspectives and empathize with my customers, students, and patients to understand their needs at any given time. Well I must thank Lilian for taking the time to work with me in investing in to Bitcoin. It helped me get so much that I didn’t expect. Thank you @lilianharris_entrepreneur. I recommend you 👍🏻
I disagree with the claim that Munger's portfolio is concentrated. Yeah, most of it is in Berkshire, but Berkshire itself is invested in dozens of different companies and ventures in industries ranging from toys to insurance. They also have holdings in a broad market S&P 500 index ETF. He may personally only have a few holdings, but he has exposure to pretty much everything.
The thing is that stocks are not really compounding. The stocks added value is due to inflation, and natural growth of the assets value. You still have the same number of stocks. The compounding effect would be there if you would sell at the top and buy the dip, so you can over time buy more of the same stock for your money
I really appreciate the dedication in each video you post. To be successful in markets, traders should understand the crossover between asset classes & liquidity flow. Michelle Stewart focuses on Multi-asset trading, a single strategy to manage risk, profit, and the code or the actual decision-making across multi-asset classes. Her skills set is top notch.
What impresses me most about Michelle Stewart is how well she explains basic concept of winning before actually letting you use her trade signals. This goes a long way to ensure winning trades.
I have been seeing so many recommendations about Michelle Stewart, Her strategy must be good for people to talk about her. Does she work for companies as well, I might be able to get her a deal with my board here in Canada .
The majority of my holdings, valued at around $2 million, are in tech stocks, and they've shown solid performance even amid market shifts. Apple's P/E (price to earnings ratio) has surged by over 30% in the last decade. I'm intrigued-what stocks do you think will mirror Apple's growth path in the upcoming decade?
Could you kindly share the name of the advisor aiding you in your investments? If it's convenient, would you be willing to provide guidance on how to connect with them?
Appreciate your input. After conducting an online search, I must admit their investing background seems remarkably impressive. I'm planning to send them an email shortly to gather more information.
You're right! I have lost a lot trading all by myself without a guide. It's been an uneasy ride for me. Who is your mentor please. how can i reach him i really need help in this bear market now?
I contributed in my company 401K plan in 2002. The portfolio accumulated 53K in 2010. I left the company in 2010 and moved overseas and stopped adding any money. I noticed recently that portfolio is now 90K. Just amazing.
That's good but you're supposed to double your money every 7-8 years. Check to see what you're investing in. Maybe roll it over to an IRA or something.
@@jdenino6022 Considering no money was added since 2010, I think that's amazing. Power of compounding and dividends. I cannot do much with it because I am not American. Once I left the company, it was rollover to an investment firm target fund. l will leave it there until I can access the funds without a heavy tax penalty.
My positive attitude is definitely one of my strengths. I have been a restaurant server, a tutor, and a health aide in the past decade, all jobs that require plenty of energy and endurance. I can view a situation from multiple perspectives and empathize with my customers, students, and patients to understand their needs at any given time. Well I must thank Lilian for taking the time to work with me in investing in to Bitcoin. It helped me get so much that I didn’t expect. Thank you @lilianharris_entrepreneur. I recommend you 👍🏻
Impressive video, I've been making passive income monthly from crypto for over a year tho' I prefer trading with the help of a professional broker Nora Hendrix because she saves me time and reduces the risk of losing funds in trading as we all know how volatile the market is.
Am trading with expert Nora Hendrix too, a regulated broker, Met her sometime early last year at a start up funding event. She has some interesting things to say about the state of algorithmic trading today. Obviously I'm seeing the results.
Consistency is key, I've been investing with her for months now and I've made alot of profit from her. Most of those traders who offer to give you 50% of whatever you invest might scam you of your hard earned money...Forex ain't that easy you know, so i advice you also start investing with Mrs Nora because she is the best broker ever. .
Mr. Munger is referring to once-in-a-lifetime opportunities to invest and earn big. I missed one about 20 years ago. I could have borrowed some capital from family to purchase a pair of unfinished high-end houses in a tropical location that were being sold for less than $90k each. The company that built/owned them had went bankrupt. They had been worth $1.5M each before a recession hit. The value of the homes recovered just two years later and nicely finished sold for $2M each. The total investment to buy and finish both houses combined would have been less than $400k at that time. Had I taken the plunge, I would have had capital to invest bigger. Worst case, I would have sold one and kept the other as a nice place to spend the winter. A similar opportunity has not come up in 20 years.
When referencing corporate America, he said “They don’t really care about you as they make it seem” realest thing he said...I’ve seen experienced it first hand in the DMV. Black ppl aren’t really respected in corporate America. Glad that he was able to get out of there and become his own boss *VRI TOKEN*
I personally prefer to daytrade SPX stock index 0DTE options. Less exposure...more leverage...better risk to reward ratio. However...not for the faint of heart and not for those who have a low risk tolerance.
All of them are really nice picks. But the potential of project that elegantly combine blockchain and *VRI TOKEN* and should not be overlooked, I guess. Among them, this truly tackle real-world problems and have vibrant ecosystems, like Aiwork.
I started investing in the stock market because of dividends. What matters, in my opinion, It implies that you can pass that on to your children, giving them a head start in life. I've invested over $600k in dividend stocks over the years; I continue to buy more today.
It's always inspiring to hear from a veteran investor who has weathered the storm and come out on top. When your portfolio turns from green to red, it might be unsettling, but if you have invested in great companies, you should just keep adding to them and stick with your plan.
I wholeheartedly concur, which is why I appreciate giving an investment coach the power of decision-making. Given their specialized expertise and education, as well as the fact that each and every one of their skills is centered on harnessing risk for its asymmetrical potential and controlling it as a buffer against certain unfavorable developments, it is practically impossible for them to underperform. I have made over 1.1 million dollars working with an investment coach for more than two years.
There are many financial coaches who excel in their profession, but for the time being, I employ Olivia Lyla Kennedy because I adore her methods. You can make research and find out more.
I just looked her up on the internet and found her webpage with her credentials. I wrote her outlining my financial objectives and planned a call with her.
"Thanks bud for keeping us financially Educated! Regardless of how bad it gets on the economy, I still make huge profits every single week, I was able to build a big income stream investing with Mrs Louise O'Brien..
I invest with Mrs Louise O'Brien too, she charges a 20%commission on profit made after every trading session which is fair compare to the effort she put in to make huge profits.
As a first time investor I started trading with her, with just a thousand bucks. my portfolio is worth much more that now within just weeks of trading with her.
I would be skeptical about this video. As a grain of salt, let's look at these two people backgrounds. I did paste in my opinion the most important bio parts from Wikipedia for this particular case. Be sure to read the entire bio to not tell me it is out of context later. Just to clarify, sure Buffet could have a talent for business, and he did apparently did earn quite a neat sum of money as a kid, but not enough to make any decent investment. Just my opinion, of course. Well, then to the quotes we go: "Munger was born in Omaha, Nebraska. As a teenager, he worked at Buffett & Son, a grocery store owned by Warren Buffett's grandfather, Ernest P. Buffett.[1] His father, Alfred Case Munger, was a lawyer.[2] His grandfather was Thomas Charles Munger, a U.S. district court judge and state representative.[3]" "Munger was previously the chairman of Wesco Financial Corporation, now a wholly-owned subsidiary of Berkshire Hathaway." "Warren Edward Buffett was born on 30 August 1930 in Omaha, Nebraska, as the second of three children and the only son of Leila (née Stahl) and Congressman Howard Buffett.[13]" "Buffett's interest in the stock market and investing dated back to his schoolboy days he spent in the customers' lounge of a regional stock brokerage near his father's own brokerage office." "In high school, he invested in a business owned by his father and bought a 40-acre farm worked by a tenant farmer." "Buffett worked from 1951 to 1954 at Buffett-Falk & Co. as an investment salesman; from 1954 to 1956 at Graham-Newman Corp. as a securities analyst; from 1956 to 1969 at Buffett Partnership, Ltd. as a general partner; and from 1970 as chairman and CEO of Berkshire Hathaway Inc." Ok, so what do we have here. They were close friends from early age. Both of them were from influential and wealthy families that could support them with enormous money funds and connections in politics, banks and stock markets. It would be naive not to think they did not use that opportunities. Now in this video at 0:35 Someone says that small sum of capital is $10 000 000. Is this something that normal person can call as small sum and actually obtain in lifetime by normal work and no connections? At 1:50 Munger says he's grandfather from mother's side did struggle but at the end was the richest man in the town and owned a bank. I have no idea if he did really struggle to obtain that wealth or not, but let's assume he did. So what small sums did his grandfather invest to make profits? Well not that small actually as he apparently bought multiple farms during market panic to sell them to Germans later as mentioned near 2:40. Who can afford to buy few farms this day's? Would someone that works in a shop, IT or other common job be able to afford to buy more than one farm? Near 5:00 probably Buffet is saying about investing $10 000-$15 000 into small businesses and calling this small sums. Money had different worth that days. You know, inflation and stuff make the toll. If someone can check how much it was worth at the time of making that video it would be great, but I guess that $10 000 at that day could be worth more or less $70 000-$100 000 today. This is why I find their explanations utterly useless, especially in current times with huge corporations owning and influencing everything, with politics included. It was not at such scale in the past. I do not accuse them of anything but in my opinion and after looking not only at theirs bio but other famous investors and successful businessman and businesswoman that supposedly got rich by hard work this is how you actually achieve financial independence and wealth: 1. Be born in rich and/or influential family 2. Use your parent support to get to a good and/or private school where other influential people kids go, befriend them and make connections. 3. Use your parent's connections or make your own connection with influential people. 4. Use your parent's enormous wealth and support to open businesses. 5. Use classified data, news and gossips obtained from influential people that you know to plan and make your investments. 6. Profit.
I usually split my investments into 3 categories and weigh them equally. Basically split the funds 1/3 into very safe things like cash, treasuries, metals, 1/3 into indexes like the s&p, and 1/3 into highly speculative things like crypto. The crypto wins tend to be massive, then get rebalanced with most of the profits getting locked into safe assets. Then when times are rough in the markets I have so much invested in things like cash and metals that I get to scoop up great deals when the speculative markets inevitably crash.
My positive attitude is definitely one of my strengths. I have been a restaurant server, a tutor, and a health aide in the past decade, all jobs that require plenty of energy and endurance. I can view a situation from multiple perspectives and empathize with my customers, students, and patients to understand their needs at any given time. Well I must thank Lilian for taking the time to work with me in investing in to Bitcoin. It helped me get so much that I didn’t expect. Thank you @lilianharris_entrepreneur. I recommend you 👍🏻
I still think *VRI TOKEN* has a great future because it's owned by amazon. Also I don't hear anyone about DFI? Taking the biggest blow right now. From 5000 euros to 330.... will this still work out in the future? And since BTC will fall even further I think we haven't seen the bottom yet!
Munger and Buffett’s achievements with Berkshire Hathaway are truly inspiring. Their ability to turn modest investments into immense wealth is a testament to their expertise and vision. Reading Berkshire's annual letters has definitely opened my eyes to the potential of the stock market. I recently sold my $674k apartment in Bel Air with the plan of investing it in the market. While I’m excited about the opportunities, I’m also cautious about protecting my investment and avoiding major losses.
Inflation has not always been around there was a 15 year period of deflation. Yes as prices went down income went up. Once you go to Fiat currencies with no tangible backing then inflation is an intentional factor. Patience, Cash on hand & Short Term Investments are key
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
I know I've wanted to start investing for a few months, but just haven't had the courage to start because the market has been down for most of this year. Please how can I reckon with such skills and what are his services like?
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Rebecca Nassar Dunne’” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
I found her page by searching for her entire name online. After that, I emailed her and we set up a meeting so we could talk; I'm currently waiting on her response.
Things appear strange right now. The value of the US dollar is declining due to inflation, but it is increasing in comparison to other currencies and commodities such as gold and real estate. People are flocking to the dollar because they believe it is safer. I'm worried that rising inflation will cause my $420,000 in retirement funds to lose value. What else could we do with our money?
I've been in touch with a coach for a year now partly because I lack the depth understanding and mental fortitude to deal with these reoccurring market situations. It is clear that there is more to the market than the typical individual is aware of because I have already made over $320K in earnings. The best course of action at the moment is to work with an investing advisor, especially for individuals who are nearing retirement.
So, Jack Bogle is wrong to invest in a diversified portfolio? I think not. I've been doing indexing in diversified portfolios for 30 years and been more than satisfied with the results. Most people aren't Ted Williams and are incapable of finding a stock in their "sweet spot".
While I'm with you and am big on investing in the index, that won't make you a Billionaire. It seems those asking these questions aren't content with a low million portfolio.
Actually what he said is true. For example, I missed Amazon in the 90s and apple in the 00s. I use that opportunities to study how I missed those great companies. Then, I found the next one and got aggressive on it. That's it. Find one you believe in and you better be right. Then, bet your net worth on it.
His example was a grandfather who made his money by buying from panic sellers during downturns and selling after the recovery. With only that as context, it says the best way to make money is to have the moral grounding of a pawn shop broken when a single mom comes in to pawn a diamond ring to prevent her and her family from getting thrown into the street.
Nice video! It was quite a rough year for me as I lost my job as a college teacher and earning from home was so uneasy due to the economic recession. Things turned for better mid-year as I got in contact with Ms, Norman Davina, I opened up about challenges I was facing here in Norway. During my time working with her, I was able generate weekly returns on my investment in the money market. We still keep in touch, such an amazing lady.
At present, the most prudent consideration for everyone should be diversifying their income sources, ones not reliant on government support, particularly given the ongoing global economic challenges. This remains an opportune moment to explore investments in assets like digital currencies, stocks and more. thanks to Davina Norman for her guidance in these fields, her proficiency is outstanding
Hi there, I’m commenting from Switzerland . Interesting to know she connects with people from different parts of the world. Such an ambitious woman. I got in touch with Ms. Davis early this year. As a newbie in the market, I had little knowledge on predicting the stock market, but with Ms. Norman weekly analysis and advise profits are guaranteed! I received three times my initial deposit in a week!!
I want to be financially free , I currently work 2 9-5 jobs and I’m struggling to pay bills along with my moms medical bills. I heard about forex a little while ago and was really interested and wanted to get into for the longest but I never had someone who could help. Can I get her contact? I need her assistance
Berkshire has always been composed of a lot of US banking giant , who frenetically trade derivatives, small stocks etc.. so its not entirely true that Berkshire is blocked by its size. Since a large portion of its subsidiary are involved in all those things, and themselves are growing and merging with smaller company. Most of Berkshire success is the ungodly profits of banks and financial services.. and the float given by its insurance company's collecting insurance premium , allowing him to be ahead of inflation and taxation...
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Charlie, Charlie, Charlie....you finally learned the _hard way_ that bitcoin _really is_ rat poison squared.
I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024
Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.
Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
My CFA “Sonya Lee Mitchell”, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
I searched for her full name online, found her page, and sent an email to schedule a meeting. Hopefully, she responds soon. Thank you.
Unfortunately, not all of us were financially literate early, I was 35 when I finally educated myself and started taking steps. I went from $176,000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1000,000 net worth. I know that doesn't SOUND like a lot, but l'm incredibly proud of it. Now I'm fast-tracking my wealth building (investing $400,000 annually) and don't owe a dime to anyone. It's a good feeling!
I want to start too but i don't know how.
Exploring new investment opportunities demonstrates your proactive stance towards financial growth during these volatile times. Diversifying your portfolio can play a crucial role in effectively mitigating risks...
Don't be confuse buying the dip in a bear market, with guaranteed future returns. Just because that company is down 60%+ from ATH does NOT make it a sound long-term investment. Make sure you're investing in great companies. kudos to Brooke Miller
she's mostly on Instagrams, using the user name
FXMILLER 171 💯.. that's it
0:25: According to Munger, you don't need as much money as you think to start generating high returns.
1:29: Munger advises finding a few opportunities and acting aggressively on them.
1:45: Munger's maternal grandfather taught him that there are only a few opportunities in life that lead to prosperity.
4:39: Warren and Charlie are forced to focus on large investment opportunities, which are less likely to be mispriced.
5:09: Small investment opportunities are often overlooked by large investors, creating potential for inefficiencies.
6:02: Using stock screeners can help identify small, potentially mispriced stocks that may be overlooked by Wall Street.
8:18: Successful investing requires waiting for the right opportunities and avoiding the wrong ones.
9:14: A concentrated portfolio focused on a few outstanding businesses can lead to higher returns.
10:04: Billionaire investor John Ariaga's fortune is primarily in real estate, emphasizing the value of specialization.
Recap by Tammy AI
How do you do this? Get the breakdown
Thank you
My positive attitude is definitely one of my strengths. I have been a restaurant server, a tutor, and a health aide in the past decade, all jobs that require plenty of energy and endurance. I can view a situation from multiple perspectives and empathize with my customers, students, and patients to understand their needs at any given time. Well I must thank Lilian for taking the time to work with me in investing in to Bitcoin. It helped me get so much that I didn’t expect. Thank you @lilianharris_entrepreneur. I recommend you 👍🏻
Valuable summary . Thank you.
Thank you....
Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios this 3rd 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?
Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder
Very true, you can be passively involved in the markts and still amass wealth-gains using an investment advisor. I first dabbled in stocks late 2019, just before the pandemic, and that same year gained over 150% with no prior investing experience, basically all I was doing was following directions of my advisor. We are working on a retirement ballpark of $3m and I’m certain my goal isn’t farfetched after subsequent investments and tremendous returns so far.
@@ElizabethGalvin1 Do yo mind if I ask you recommend this particular coach you use their service? I have trouble knowing when to buy or sell.
Sure. There are a lot of independent advisors you might look into. But I only work with “ Laura Marie Ray ‘ and we have been working together for nearly four years. She has since provided entry and exit points on the securities I concentrate on. She's well-grounded and known, shouldn't be a hassle finding her page.
@@ElizabethGalvin1 Thanks, could really use the recommendation, I've been losing a shit-ton lately, I looked up Laura Marie Ray and I wrote her detailing my Fin-market goals
My biggest irk with ETFs is the lack of optimization;changes in any given stock in the ETF can drag your portfolio down. While dividends can provide immediate income, the true power lies in the compounding effect over many years. But in general, I think the stock market isn't showing any sign of slowdown and I'm still looking for companies to make additions to my $350K portfolio, to boost performance. Here for ideas...
With world markets tumbling, inflation soaring, the Fed imposing large interest-rate hikes, the treasury yields rising rapidly, markets manipulations, and many other factors makes me wonder if people still make profits from all these investing BS.
Focus on two key objectives. First, stay protected by learning when to sell stocks to cut losses and capture profits. Second, prepare to profit when the market turns around.I recommend you seek the guidance a broker or financial advisor.
@lawerencemiller9720 Invest in dividend companies. Any company that pays dividends is making money. If you invest in companies that don't pay dividends, well...
@simonfes3770 Dividends, fruit of the Gods!
There definitely is but of course it’s much harder than during a bull market. Safest thing to do is earn 5.3% risk free in a money market account. Those rates haven’t been available for decades. If you have $1mil in savings you’d make $50,000 in interest.
Sorry for your loss.
Referring to your balls.
If I had $360k I would invest $100k in tech & $260k into dividend stock with a proven track record to grow with capital appreciation & dividend increase year over year
Adding JEPI and JEPQ are smart additions in my opinion. As for staying committed to higher-risk investments, it's all about balancing your risk tolerance with your long-term goals.
The market is not necessarily a rollercoaster if you know your way around the market, there are various opportunities in the present market to accrue good profit, If you are not too savvy with the market, just buy and hold on strong companies with good earnings, or consult with advisors on ETFs and actively managed funds. that’s what works for my spouse and I. We've made over 30% capital growth minus dividends.
Could you recommend your advisor? I'll be happy to use some help.
Sonya Lee Mitchell is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Thank you for this amazing tip. I verified her and booked a call session with her. She seems Proficient.
The problem we have is because Most people always taught that " you only need a good job to become rich. These billionaires are operating on a whole other playbook that many don't even know exists.
Money invested is far better than
money saved, when you invest it gives
you the opportunity to increase your
financial worth.
It is remarkable how much long term
advantage people like us have gotten by trying to be consistently not stupid,
instead of trying to be very intelligent.
The wisest thing that should be on
everyone mind currently should be to
invest in different streams of income
that doesn't depend on government
paycheck, especially with the current
economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.
I also keep seeing lot's of people
testifying about how they make money investing in Stock, Forex and Crypto Trade(Bitcoin) and I wonder why I keep loosing. Can anyone help me out or at least advice me on what to do.
Even with the right technique and
assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.
Charlie's point is this: there are a million pitches that will come your way, but in life, unlike baseball, there are no called strikes, so wait for a pitch in your sweet spot and then swing _hard._ I'm 39 now, and my pitch came in 2020 when my work became insanely busy and I was able to get unlimited overtime pay for about 6 months. Ergo, I worked about 14 hours a day for 6 months and invested the surplus into blue chip stocks that were at once in a generation (or lifetime) discounts, and ended up generating a significant stream of dividend income that would have taken about 15 years to amass otherwise. Your opportunities will be different, but arrange your life so that you can take advantage of whatever comes your way, and living below your means certainly loads the proverbial dice in your favor.
This is spot on. Perfectly worded. Thanks for watching!
I feel investors should be focusing on small caps stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
This is definitely considerable! think you could suggest any professional/advisors I can get on the phone with? I'm in dire need of proper portfolio allocation.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
Just shove it into an S&P 500 index fund that’s all you need. if for some reason, you feel a reason, go ahead and invest in an international index fund.
@@DanielOrstein you’ll have a line of advisors out the door be very cautious
@@DanielOrstein just get your money into an S&P 500 index fund. You’ll get a very nice return and you’ll be well diversified with the best companies and if you feel the need go ahead and put some cash into an international index
Just discovered your channel with this video -- I was able to think about my situation and I'm curious to know best how people split their pay, how much of it goes into savings, spendings or investments, I earn around $90K per year but nothing to show for it yet.
@@Higuannn I think you're better off with majority investment in S&P500 and uprising equities cos they always outperform. Also speaking with an advsior can help with pointers. I've been in contact with one I reached through commentaries here, she has been really helpful.
@@Jaymilnere Sure, Alicia Estela Cabouli is the licensed advisor I use. Just research the name. You’d find necessary details on the web to set up an appointment.
70/20/10 rule 70% goes to your expenses and bills, 20% goes to investing, 10% for your entertainment.
@@Wartrain762 This works for you?
hmmm
It´s not only about maximizing profit - it´s also about minimizing the risk.
I really want to start investing but I need guidance. Any advice or recommendations for assistance?
It's actually a smart move to get help from experts when you're starting to build your financial portfolio. It can be quite complex, so seeking professional guidance is a great idea.👌
Getting advice from financial advisors, like Della Martin, will be a smart move to reshape your portfolio. They have the expertise to help you make informed decisions.😊
By investing in high dividend yield stocks, ETFs, and equity, I managed to make a net profit of around $115k. It's been quite a successful venture!
I made sure to invest $25,000 of my portfolio in different markets to diversify my money.
You really need experts like Della Martin, a reliable trader to make it happen.
Every week I buy more of whatever is the lowest percentage of my portfolio and try to keep everything around 10%. Please what could be my safest buys with $400k to outperform the market in 2024?
I'd avoid the index funds, mutual funds, or specific stocks for the time being. The 5% fixed incomes are the safest bet for now. Save your cash for when the market actually shows sign of recovery.
This is why I entrusted a fiduciary with my investmnt decisions. Many underestimate advisors until emotions lead to losses. My advisor crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to over $850k. My personal best so far
That's really great. I've tried doing some research myself to hire a financial advisor, but it's really overwhelming. Could you recommend who you work with please?
'Rebecca Nassar Dunne’ is the manager I use. Just research the name. You'd find necessary details to set up an appointment.
I looked her up, and I have sent her an email. I hope she gets back to me soon. Thank you
Should I give up on Trade?
What should I do?
How may I do better?
What I'm I doing incorrectly?
here is my problem I have been making losses trying to make trade. I thought to trade demo is just like the real..can anyone help me out or at least tell me on what to do.
I always advice new members to have an orientation on how it works before getting involved. Trade offers more benefits than just holding.
Kate Floretta
Face book
Google " katefxfloretta " anywhere take classes to learn to trade.
having a mentor is also very important when it comes to Trade, with out that, it can be very frustrating.
I remember during Covid, Oil was so incredibly cheap when people were locked at home … I walked past a gas station with a friend of mine, we looked at the prices, at each other, and immediately bought oil on our trading platforms. It sky rocketed through the roof later … too bad we had only invested 1.000€. Should’ve invested more, but this seemed like “one of the few good ideas” you have in life.
I invested in bicycles, made a good profit. Sometimes common sense just hits you in the face.
So the sum total of wisdom conveyed in this video appears to be to invest heavily in a good opportunity? Wow, what a genius.
COUNTER POINTS: Anyone can make the claim they can make a 50% return. Actually doing it is another story. In Berkshire's most profitable periods they earned 20% annually on their investments, not 50%. (which is still extraordinary) So, I would take it with a grain of salt when he boasts that he could make 50% returns. Secondly, the average Joe will not advance if they spend YEARS waiting for the perfect pitch. It would be better to at least invest in an index fund while you keep your eyes open looking for the right opportunity. Also, I'm a bit skeptical of this notion that diversification is a bad thing. Berkshire Hathaway is actually one of the most diversified companies on the planet!! So, you should probably watch what they DO, not what they say. [Disclosure: I've been following Buffet and Munger for years. And, BRK is the 2nd largest holding in my portfolio.]
There's a big difference between managing a small personal portfolio where your income and savings are larger than the whole portfolio, and a multi billion dollar fund.
With the small portfolio, you can identify a few strong opportunities and pursue them aggressively, doing that with a billion or trillion dollar fund is irresponsible.
Nothing wrong with diversification, but the potential rewards are lower as a result of the reduced risk. That's why Berkshire has smaller gains than the 50% boasted of here, it is heavily diversified.
@@avocadoarmadillo7031 Yes, the more concentrated a portfolio, the wider the range of outcomes positive or negative. That concept is essential to my point. My criticism is that it is a bit irresponsible for a couple of the best investors in the world to encourage the average joe to ramp up that risk. I would argue that slow and steady gains are a wiser goal for the average investor who has a fulltime job (or family duties) unrelated to finance.
concentration builds wealth. diversification protects it. they both have a place, you should get more diverse as you grow, which is what brk did, but they started out much more concentrated.
If you make double digits on managing other people's money while driving great investing choices like buying out insurance companies instead of picking stocks and arranging preferred dividend deals for the fund's investment interest I can easily see 50% returns.
Man, never thought to get personalized investment advice from gordon gekko on youtube. Thank you gordon.
It's recommended to save at least 15% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 15% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of compound interest and potentially grow your retirement savings over time.
Effective personal finance management is more important than the amount of money saved, regardless of whether income is earned through job or investment. Individuals can seek counsel from a certified financial advisor to optimize financial outcomes, who can provide specialized advice and methods to decrease expenses and maximize income...
@@patriciacarlos I completely agree; I am 60 years old, recently retired, and have approximately $1,250,000 in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, the Fin-advisor can only be neglected, not rejected. Just do your due diligence to identify a fiduciary one.
@@brendazvandasara That's impressive! I could really use the expertise of this advisors. how can i get to your advisor
@@gowonjake Do your due diligence and opt for one that has tactics to help your portfolio continue consistent and steady growth. "Tenley Megan Amerson" is accountable for the success of my portfolio, and I believe she has the qualifications and expertise to accomplish your objectives.
@@brendazvandasara This is useful information; I copied her full name and pasted it into my browser; her website popped up immediately and her qualifications are excellent; thanks for sharing.
"A few is all you need, and don't be disappointed." ---Charlie Munger
Ah, the age-old question of investing small amounts... I’ve got a ‘small’ $231k emergency fund just sitting around, waiting for me to get my head in the game. I guess this is where the magic happens, right? 😏 If I don't do something with it soon, I might just spend it all on avocado toast and lattes. Looking for a headstart, though-maybe something that'll keep me awake at night (in a good way)!
Haha, $231k just chilling, huh? Talk about a first-world problem! 😆 But hey, don’t dive in without a plan. You might want to think about getting an investment advisor to give you a clearer path. Trust me, it's like having a GPS for your money-it makes the journey smoother, and you'll avoid some of those potholes along the way
Wow, you guys are making this sound so easy, but finding the right investment advisor feels like trying to find a needle in a haystack. I’m at that stage where I know I need help, but where do I even begin? Should I just throw a dart at a list of names or what?
There are a handful of CFAs. I've experimented with a few over the past years, but I've stuck with ‘' Linda Aretha Reeves” for some years now, and her performance has been consistently impressive. She’s known in her field, look her up.
Just looked up Linda Aretha Reeves-she's exactly what I’ve been searching for! Thanks for the recommendation. Finally feels like I’m on the right path to making this money work for me, instead of just sitting there looking pretty
Put it in a hysa high yield savings account I use Amex to get paid 4.23% interests.
What sets top investors apart from the rest? I've got $385K in equity from a home sale and I'm unsure whether to put it into stocks or wait for a more favorable market condition.
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.
A number of individuals downplay the significance of advice until their own emotions become unbearable. A few summers ago, after a drawn-out divorce, I needed a big shove to stay afloat with my company. I located the most qualified adviser after searching for licensed advisors. Despite inflation, she has helped me grow my reserve from $275k to $850k.
You seem to know the market better than we do, so that makes great sense. Who is the guide?
'Laurelyn Gross Pohlmeier' a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
Let's not gloss over the fact that Mr. Munger casually mentioned his great grandfather OWNED A BANK and the incredibly " small amounts" of 10k of cash to invest is well beyond most people
His grandfather was actually George Bailey. 😂
The message is still the samw
@@jdenino6022 Love the reference. Best Christmas move ever.
Are you sure he wasn't Mr. Potter? Munger said he bought farms during panics, that's what Potter did 😂
@@jdenino6022
Great role model Georgie is !!!!!
I am at the beginning of my "investment journey", planning to put 85K into dividend stocks so that I will be making up to 30% per year in dividend returns. Any advice?
People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!
Svetlana Sarkisian Chowdhury a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
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.
I began investing at the age of 33, primarily utilizing my hard work and dedication. Now at the age of 38, I am delighted to share that my passive income exceeded $100k for the first time in a single month. This advice is truly valuable, so don't hesitate to take action. Remember, it's not about achieving wealth quickly but rather about building wealth consistently and persistently.
This is superb! information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor ?
I understand the uncertainty of tomorrow, and I agree that starting to invest today can be challenging, especially without a clear understanding of where and how to invest. Since I've personally tried navigated the path to passive income, I'd be delighted if you can offer me some guidance based on your experiences that help you embarking on your own journey towards financial security.
I never expected it, but after closely monitoring my portfolio's performance, I was astounded to see it generate a staggering $473k in just the past two quarters. This eye-opening experience has given me insight into why experienced traders can achieve remarkable returns even in lesser-known markets. Taking this leap was undoubtedly the boldest decision I have made recently.
That's impressive! I could really use the expertise of the advisor, my portfolio has been stagnant.... Who’s the person guiding you?
I'm working with a consultant named *'Nolan Velden Brent,'* whom I discovered through a CNBC interview where he was featured. After reaching out to him, he has been providing valuable entry and exit points for the securities I focus on. If you're interested in his supervision and expertise, you can look him up online using his name. Following his trade pattern has been a rewarding experience, and I have no regrets about doing so.
Mark what can I do? I have been disabled since 2009 and I am 58 years old at the verge of retirement. My portfoliio of $750k is down to $492k, How can I profit from the present market" , I mean I've heard of people making upto $250k in couple weeks during this crash and I'd like to know how.
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Svetlana Sarkisian Chowdhury is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
Buy physical silver as well. I would recommend that.
I never had $1500 at once in my whole life, I still managed to earn $1000 every month for over 240 months.
I've been diligently working, saving, and investing toward financial independence and early retirement, but the economy since the pandemic has eaten up the majority of 200k portfolio. I want to know: Do I keep contributing to my portfolio in these unstable markets, or do I look into alternative sectors?
Just try to diversify your portfolio to other market sectors, that way your investment is balanced and you don’t get to make so much losses.
I stopped listening and taking financial advise from these UA-camrs, because at the end of the day, I end up with a bunch of confusing stocks without knowing when to take profit, In reality, all I needed was professional advice.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
I’m a contractor, and my job doesn’t permit me the time to properly analyze my holdings/evaluate stocks myself, so I’ve had a fiduciary "Pamela Kay Regel" actively restructuring my portfolio for the past 7 years now to match the present market condition and that’s how I’ve been able to stay afloat, knowing when to buy and sell…maybe you should do the same.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly scheduling a call.
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks
@@Donnafrank-k6e However, if you do not have access to a professional like Clementina Abate Russo, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments.
@@Pelham04 Oh please I’d love that. Thanks!.
@@Donnafrank-k6e Clementina Abate Russo is her name.
Lookup with her name on the webpage.
As an elder millennial, one of the few advantages is having lived through the Great Recession, Election and Economy Crisis. My advice. Reduce unnecessary expenses, increase your savings by investing in financial markets and do not sell. One thing I know for sure is that diversifying your income can help insulate you from much of the craziness going on in the world.
The investment you choose isn't right or wrong, just depends on the kind of business person you are or simply the kind of person you are. However, the end game is investing money long term creates wealth every time. Just pick what you like and understand, invest and it will pay off. A lifetime of investing for 5 mil is not hard to accrue.
That's true...I'm thinking of investing in stocks or digital assets to grow my money for the first time, but I lack the in-depth knowledge and mental toughness to deal with these recurring market conditions. please any advice or pointer on how to outperform the market producing good returns.
You're absolutely right! It just takes a good mindset and nerves of steel. I was deeply invested in 2020 with the economic crisis being bad, divorce, and me with no job, so I had to work my savings in a well-diversified portfolio of stocks and digital assets that grew 4x with capitalization, venturing is not necessarily just about funds but also to be well informed. It's a long-term plan for me so I invest and reinvest
Exactly why I enjoy my day to day market decisions being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/ analysis they have, it's near impossible to not outperform, been using a portfolio-coach for over 2years+ and I've netted over 400k
Mind sharing info on the adviser who assisted you? been saving for pension since age 21 - company scheme. along the way I hit higher tax, so I added to my company pension with a SIPP (tax benefits) I'm 48 now and would love to grow my finance more aggressively, there are a few cars I still wish to drive, a few mega holidays, etc.
Warren Buffett's suggested never investing in a company that you don't know anything about. Index funds will do just fine. As a matter of fact they've done studies in index funds outperform actively managed funds every single time.
Hello
Exactly. He said he puts 90% of opportunities in his I don't understand Pile. So if warren doesn't feel comfortable with 90% of buisness, imagine the average person? Etfs are the way to go
Investing in many sources of income that are independent on government paychecks is the prudent thing that everyone should be thinking about right now, especially given the global economic crisis. Stocks, forex, and digital currencies are still good investments at this time
Trading in bitcoin now is the widest thing to do now especially beginners
Most people think, investing in crypto is all about buying coins and leaving it to rise, come on it takes much analysis to be a successful crypto trader.
Trading without professional guide...Huh i laugh you, because you will remain where you are or even make huge loses that will stop you from trading, this has been one of the biggest problem to new traders
Honestly I really need help learning to trade, seeing my portfolio low makes me very sad.
@@RobertMark-j4k You are right! I have lost a lot of trading all by myself without a guide, it's an uneasy ride for me.
Crypto user could top 1B by the end of 2023 as nations continue to adopt Bitcoin Buy the dip, and HODLfor the long term .Bitcoin Always comes back.
Good point , seeing as an estimated 3-5% ( closer to 2-3% in Dec 21) of world population owns crypto. To grow to 1B in year would be amazing! However, with the current state of things , zthat growth might be low estimate the US/USD , continue to debase, etc have been and continue worsening.
How come someone who is just starting out navigate the crypto space ? I don’t have the heart to see the bulk of my portfolio go from green to red.
Impressive can you share more info?
She appears to be well-educated and well-read I ran a google search on her name and came across her website; Thank You for sharing.
"If you told me you owned all the bitcoin in the world and you offered it to me for $25, I wouldn't take it," Buffett said. "Whether it goes up or down in the next year, or five or 10 years, I don't know. But the one thing I'm pretty sure of is that it doesn't produce anything" - Warren Buffet
Charlie Munger on crypto: "It's ridiculous anybody would buy this 'massively stupid' stuff"
These two juggernauts would never touch something that is essentially a Ponzi scheme like crypto where you hope the guy behind you will pay more for the thing you bought but it has no intrinsic value.
Everyone gets opportunities... IDENTIFYING that opportunity is the hard part.
10k is not a small sum of money 😭 imagine how much that was back then
My mother bought a house in NYC in 1965 for under $30,000. It's now worth almost $1 million. It's nothing special, just a small hi-ranch with a rental apartment.
It's even worse in Australia... @@jdenino6022
Right? I was like "a small sum? She probably means half a million" and then she saids 10k
@@jdenino6022 😆
Investors can’t predict the future, bearish periods automatically give way for a new set of stocks to buy and watch while setting the stage for a new profitable uptrend. I have come across articles of people that grossed profits up to $250k during this crash, what are the best stocks to put on a watch list or buy at the moment?
I agree , I assumed I had a hang of the market at first, I gained $50k one year and I was super elated, not until I stumbled upon a portfolio-advisr whose been guiding me since the market's been sham after the pandemic, to my utmost surprise I nettd a whooping $280K during this dip, that made it clear there's more to the market that we avg joes don't know
I wouldn't mind speaking with the Adviser that assists you. I truly want to improve my retirement funding because I plan to retire in three years.
I started out with an FA named Heather Lee Larioni. Her honest approach gives me complete ownership and control over my position, and her rates are incredibly affordable given my very impressive ROI.
🚨🚨🚨 SCAM WARNING 🚨🚨🚨
Several UA-cam channels have been plagued with automated computer programs (Bots) pretending to be real people promoting different 'advisors' (scammers) and tricking regular people into contacting them. This post appears to be one of those scam attempts.
My God... couldn't A.I. write you guys a better script than this? Heather Lee. L. ... it would be laughable if it weren't so sad... such a telegraphed pitch.
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 $400K across markets but don't know where to start.
For a successful long-term strategy, refrain from attempting to time the market and incurring unnecessary taxes. Stay rooted and concentrate on the long-term perspective!
I have been in touch with a CFP ever since the outbreak. With an initial starting reserve of $100k, my adviser chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
May I inquire about your recommendation for the specific professional whose services you utilize? I am currently facing several marketing challenges and would appreciate your guidance in this regard.
I've enlisted Stacey Lee Decker as my fiscal guide, and her expertise contributes significantly to the fiscal industry. Acknowledged as a reputable authority in the field, she holds a deep understanding of portfolio diversification. I encourage further exploration of her credentials. With her extensive experience, she proves to be an outstanding guide for those aiming to grasp the complexities of the fiscal market.
No market timing buy value stocks. Value stocks have low p/e, p/book value and have been paying dividends without a break for the last ten years. When interest rates go up, you may reduce your stock holding say from 100% stock to 75% stock and 25% bonds/bills.
I started investing when I was 18, primarily through sweat equity. I just turned 26 and last month my passive income passed the $100,000 mark for the month for the first time. This is solid advice! DO IT! You don't have to get rich quick, you just have to get RICH no matter what.
Understanding personal finance and invsting will likely lead to greater financiial independence. By being knowledgeable about money and invsting, people can make informed decisions about how to save, spend, and invest their money. I know of someone who made over $350k in this recession influenced market, but to my knowledge it was through a financiial adviisor.
Having a finanncial counselor can make a significant impact, especially in this market. St0cks are a bit shaky at the moment, but with proper analysis, you should be okay. I've heard of folks generating over $250k in a matter of weeks or months, so there is definitely wealtlh transfer going on if you know where to look. Since 2019, I've been workin with a financial advisorr, and my portfolio has risen to $1.6m. It's been a long road!
Mr Glen pal, Is there any chance you could recomnnend who you work with? I've wanted to make this switch for a very long time now, but I've been very hesitant about. I'll appreciate any recomnnendation.
The thing is, I really don't like giving such recommendations. Conduct your due diligence. I have been working with "JILL MARIE CARROLL" for about four years now and she has had decent returns. If it is at your discretion, you can proceed.
This is useful information Glen; I copied her whole name and pasted it into my brwser; her website appeared immediately, and her qualifications are excellent; thank you for sharing
According to the New York Times, the average savings of a couple reaching retirement is $110k I’m closing in on my retirement and I’m under pressure to grow my reserve of $330k, despite the fact the capital gains you can make on growth stocks far outweigh dividend yields, and even in downtrends folks still pull off 6-7figures gains in months. surely the risk is much greater, but I’d love to know how.
so long all risks are calculated and systems are put in the place, you'd surely rake it in
That’s pretty tight, thing is I hold good companies but profit has been stalling, I should be fixing to retire in 3years so I need all the assistance I can get, who is the pro that guides you?
Thanks for the tip Mayelin, I merely looked her up on Google and was highly impressed by her credentials; I just booked a call session with her.
Rental property bud . 330 k isn’t enough.
He is totally correct. Opportunities are all around you. You just have to notice them. My wealth was mostly created by buying google stock on it's IPO day and just holding. Upgrading my home in 2010 during the housing crash where it's up 400% in 13 years. Buying an investment property not far from my house that's gone up 400% in 6 years. Using leverage on that one. And just dollar cost averaging and saving for my working career. I'm not that smart maybe a little lucky but always looking for a good investment. And I've made a ton of mistakes.
I would call buying Google stock on IPO day and holding it pretty darn clever sir! Well done to you.
Took my 401 from $80k to $650k in the first 10 years. I calculated that only 1/3 of the original start up came from my actual contributions. The rest was non elective contributions from my employer. When you interview for a job make sure you ask about the 401 and if there non elective contributions. It will signal you're looking long term employment and that you're not going to accept low ball pay and raises.
Excellent strategy...the most important part was selling when everyone is Euphoric...I realized this in the last six months. Second diversity...which leads to excessive loss and no plan... Thanks
One of the biggest guides I can think of in investing, shopping, "gambling" etc is "if you don't get it, don't get it". The other one is Warren Buffett's "Just say no" rule. Both would imply that less is more.
I'm in the stock market and also still running with investing in diverse assets, getting dividends while still trading currency pairs ,digital currencies and grade bonds i reserve gratitude for Lisa Rosa Cavanagh my humble CFA, been a year and half of steady financial growth getting ready to hit a 7 figure portfolio.
sounds like you got something good going for you
she has a pretty decent bio, I wrote her and I'm waiting on her reply.
These are not real people.
*I didn't become financially independent until I was in my late 40's, and I'm still in my 40's. In addition to having purchased my second home and earning money on a monthly basis through passive income, I've also achieved three out of five goals. I just hope this inspires someone to realize that it doesn't matter if you don't have any of these things yet, you can start today no matter your age. Change your future by investing! I made a rather big decision by investing in the financial market.*
Investing in many sources of income that are independent on government paychecks is the prudent thing that everyone should be thinking about right now, especially given the global economic crisis. Stocks, forex, and digital currencies are still good investments at this time.
It's really not easy trading this market. I read a lot of books, tried to study, watch some tutorial videos, did a little demo before funding my account and I still lost a lot. The financial market could be very tricky
Trading under the guidance of an expert is the best strategy for beginners.
Beginner traders sometimes make the error of trading on their own without the right guidance or knowledge, and they frequently come to regret it. You need a mentor and an expert to help you trade as a newbie.
@@reubenmezie9515Any specific guild?
Hit $200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with $20k in October 2023
Great video!. Well I'm so happy I made the best decisions by having a good investment, Recently I'm able to acquire my third house even at my age and I believe if things keep going well I would retire early
That's nice! But how did you manage to achieve all that even with the current economy that's very bad? Please I'll appreciate your assistance on how to go about it, I'm desperately looking for a way to pay up my debts and also achieve my goals
The best strategy to use in trading is to trade with a professional who understands the market quite well, that way maximum profit is guaranteed, I'll highly recommend Katrina susan, she is my current trader and her strategies are working
Actually this is not the first time am hearing of katrina susan and her exploits, how she handles investments and generates good profits, she has really made a good name for her self, but i have no idea how to reach her
She has a verified account on T E L E
GRAM
Berkshires number one stock purchase of all time is Apple. They purchased it 25 years after it was available. Buffet and Munger are famous for saying "They don't know much about computers, that's why they never invested in them."
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. A trader made over $350k in this recession influenced market.
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.
I am going to look her up, I have about $81k i want to start with, might be small but it's better than nothing though. Since the 08 crash is playing out again.
He started as a Real Estate Lawyer. A prime position to flip or rent properties and to build up capital for investing. He was already well off except for the issues relating to a divorce.
"Small sums of money" $10k-$15k"? That's a lot of people's life savings.
the odd WW1 clip when discussing the blackhawk wars is first class
Can you recommend any stocks or cryptos I can put my money into?? I'm new to this. Any info would be most appreciated?
I've read articles of investors who mentioned Galileo FX and its consistency in making lots of money from trading.
I'm thinking of investing in the crypto and stock market but taking my time to figure out how the whole thing works. Has anyone used Galileo FX for trading automatically?
Galileo FX is also my trading robot. With an initial invested capital of £1500, it yielded returns of over £3000 within two weeks of trading. I was really impressed.
Following a good pattern analysis, trading with Galileo FX is much preferable considering the recent market fluctuation.
Wealth is created by proper investments. I’m an investor and I can tell how it changed my life for the better. From my experience, it gets easier with the aid of a good trading robot like Galileo FX.
Hit 200k$ today from my trade. Thank you Fred for all the knowledge and nuggets you had thrown my way over the last months.Started with 14k in last 4months in 2024.
The only thing that Munger and Buffet fail to mention when they are giving advice is that they are both commercial and financial geniuses, which gives them a bit of a head start!
They don’t share the most important concepts
That's one reason why I think it's a bit irresponsible of them to discourage diversification. Concentrating your capital can payoff big if you know what your doing and you get it right. But, under any other scenario it can be very dangerous. Diversification is like free insurance for investors.
@gordongekko2781 Why diversify when you own Berkshire, which is itself diversified? Anyway, Munger was already well off; he went from that to super rich. I think he also started more in real estate deals that were setup heavily in his favor. I think both him and Buffet got to a point of buying stock directly from businesses and not so much on the market and under terms set by them. They show up with a lot of money, say the can buy big, and that they basically expect to pay a lower price. Or in Buffet's case, start out getting a majority stake in a company to use their assets to benefit your interests and over rule the board.
@@FluxNomad678 Right. That kind of proves my point. BRK is arguably the most diversified conglomerate on Earth. That's one reason why I'm comfortable with it currently being my 2nd largest holding. When they downplay diversification they are essentially instructing everyone to "swing for the fences". But, there is a good reason why not every player on a ball club does that. Games are won and lost with singles and doubles. Ever seen 'Money Ball'? Great film. That's how champion teams are formed in the Information Age.
My positive attitude is definitely one of my strengths. I have been a restaurant server, a tutor, and a health aide in the past decade, all jobs that require plenty of energy and endurance. I can view a situation from multiple perspectives and empathize with my customers, students, and patients to understand their needs at any given time. Well I must thank Lilian for taking the time to work with me in investing in to Bitcoin. It helped me get so much that I didn’t expect. Thank you @lilianharris_entrepreneur. I recommend you 👍🏻
Just starting and late in my life as one business failed, I am thankful for this information
This is a very practical and useful video on basic investing. Of course any would-be investor should be aware of that concept that Warren Buffett and Charlie Munger know well: margin of safety. Bigger risks with smaller companies can have bigger payouts--they can also go bust.
My positive attitude is definitely one of my strengths. I have been a restaurant server, a tutor, and a health aide in the past decade, all jobs that require plenty of energy and endurance. I can view a situation from multiple perspectives and empathize with my customers, students, and patients to understand their needs at any given time. Well I must thank Lilian for taking the time to work with me in investing in to Bitcoin. It helped me get so much that I didn’t expect. Thank you @lilianharris_entrepreneur. I recommend you 👍🏻
I think Kiyosaki said he was buying small stocks and holding them for up to 1 year, seems like a reasonable strategy
I disagree with the claim that Munger's portfolio is concentrated. Yeah, most of it is in Berkshire, but Berkshire itself is invested in dozens of different companies and ventures in industries ranging from toys to insurance. They also have holdings in a broad market S&P 500 index ETF. He may personally only have a few holdings, but he has exposure to pretty much everything.
Beware folks... scammers are all over the comment section.
That's right!!! Giving financial advisors names sound like good marketing and scams!!!
❤
"The biggest non-tech US company in the world!" That might be the most American sentence I've ever heard.
Charlie is basically the personification of a compound interest over time calculator
😂
The thing is that stocks are not really compounding. The stocks added value is due to inflation, and natural growth of the assets value. You still have the same number of stocks. The compounding effect would be there if you would sell at the top and buy the dip, so you can over time buy more of the same stock for your money
God rest his soul what a remarkable life he has lived🙏🏾🕊️❤️
I really appreciate the dedication in each video you post. To be successful in markets, traders should understand the crossover between asset classes & liquidity flow. Michelle Stewart focuses on Multi-asset trading, a single strategy to manage risk, profit, and the code or the actual decision-making across multi-asset classes. Her skills set is top notch.
What impresses me most about Michelle Stewart is how well she explains basic concept of winning before actually letting you use her trade signals. This goes a long way to ensure winning trades.
I have been seeing so many recommendations about Michelle Stewart, Her strategy must be good for people to talk about her. Does she work for companies as well, I might be able to get her a deal with my board here in Canada .
Isn't that the same Mrs Michelle Stewart that my neighbours are talking about, she has to be a perfect expert for people to talk about her so well
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
That is a good tip - wait for a good pitch. i think there is always a good pitch though you might have found it.
The majority of my holdings, valued at around $2 million, are in tech stocks, and they've shown solid performance even amid market shifts. Apple's P/E (price to earnings ratio) has surged by over 30% in the last decade. I'm intrigued-what stocks do you think will mirror Apple's growth path in the upcoming decade?
Could you kindly share the name of the advisor aiding you in your investments? If it's convenient, would you be willing to provide guidance on how to connect with them?
Appreciate your input. After conducting an online search, I must admit their investing background seems remarkably impressive. I'm planning to send them an email shortly to gather more information.
Scam
@@ericwood3709 Barely hiding it lmao
Great to see a Munger clip. Please stop interrupting.
Thanks for the update.
Trading in Bitcoin now is the wisest thing to do now especially newbies beginner....
You're right! I have lost a lot trading all by myself without a guide. It's been an uneasy ride for me. Who is your mentor please. how can i reach him i really need help in this bear market now?
Te/e gram
@Rolandostrategy THAT IS HIS USER NAME
please make sure you write the USER NAME complete and He's verified
I contributed in my company 401K plan in 2002. The portfolio accumulated 53K in 2010. I left the company in 2010 and moved overseas and stopped adding any money. I noticed recently that portfolio is now 90K. Just amazing.
That's good but you're supposed to double your money every 7-8 years. Check to see what you're investing in. Maybe roll it over to an IRA or something.
@@jdenino6022 Considering no money was added since 2010, I think that's amazing. Power of compounding and dividends. I cannot do much with it because I am not American. Once I left the company, it was rollover to an investment firm target fund. l will leave it there until I can access the funds without a heavy tax penalty.
@@jdenino6022 most likely bond heavy.
My positive attitude is definitely one of my strengths. I have been a restaurant server, a tutor, and a health aide in the past decade, all jobs that require plenty of energy and endurance. I can view a situation from multiple perspectives and empathize with my customers, students, and patients to understand their needs at any given time. Well I must thank Lilian for taking the time to work with me in investing in to Bitcoin. It helped me get so much that I didn’t expect. Thank you @lilianharris_entrepreneur. I recommend you 👍🏻
I think that's just if you're money is in stocks and growth ones at that, right? (and assuming there's no significant drops...)@@jdenino6022
Impressive video, I've been making passive income monthly from crypto for over a year tho' I prefer trading with the help of a professional broker Nora Hendrix because she saves me time and reduces the risk of losing funds in trading as we all know how volatile the market is.
Am trading with expert Nora Hendrix too, a regulated broker, Met her sometime early last year at a start up funding event. She has some interesting things to say about the state of algorithmic trading today. Obviously I'm seeing the results.
Trading with an Expert like Mrs Nora is the key to successful trading, Bitcoin is the future investing in it will be the wisest thing one could do.
@jerryflecther17Please how can i contact her?
Consistency is key, I've been investing with her for months now and I've made alot of profit from her. Most of those traders who offer to give you 50% of whatever you invest might scam you of your hard earned money...Forex ain't that easy you know, so i advice you also start investing with Mrs Nora because she is the best broker ever.
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Well it isn't my first time of seeing her name of social platform. I think she's extremely brilliant and lucrative at same time.
Mr. Munger is referring to once-in-a-lifetime opportunities to invest and earn big. I missed one about 20 years ago. I could have borrowed some capital from family to purchase a pair of unfinished high-end houses in a tropical location that were being sold for less than $90k each. The company that built/owned them had went bankrupt. They had been worth $1.5M each before a recession hit. The value of the homes recovered just two years later and nicely finished sold for $2M each. The total investment to buy and finish both houses combined would have been less than $400k at that time. Had I taken the plunge, I would have had capital to invest bigger. Worst case, I would have sold one and kept the other as a nice place to spend the winter. A similar opportunity has not come up in 20 years.
When referencing corporate America, he said “They don’t really care about you as they make it seem” realest thing he said...I’ve seen experienced it first hand in the DMV. Black ppl aren’t really respected in corporate America. Glad that he was able to get out of there and become his own boss *VRI TOKEN*
I personally prefer to daytrade SPX stock index 0DTE options. Less exposure...more leverage...better risk to reward ratio. However...not for the faint of heart and not for those who have a low risk tolerance.
Not this person framing the question like it was a ChatGPT prompt 😂
All of them are really nice picks. But the potential of project that elegantly combine blockchain and *VRI TOKEN* and should not be overlooked, I guess. Among them, this truly tackle real-world problems and have vibrant ecosystems, like Aiwork.
I started investing in the stock market because of dividends. What matters, in my opinion, It implies that you can pass that on to your children, giving them a head start in life. I've invested over $600k in dividend stocks over the years; I continue to buy more today.
It's always inspiring to hear from a veteran investor who has weathered the storm and come out on top. When your portfolio turns from green to red, it might be unsettling, but if you have invested in great companies, you should just keep adding to them and stick with your plan.
I wholeheartedly concur, which is why I appreciate giving an investment coach the power of decision-making. Given their specialized expertise and education, as well as the fact that each and every one of their skills is centered on harnessing risk for its asymmetrical potential and controlling it as a buffer against certain unfavorable developments, it is practically impossible for them to underperform. I have made over 1.1 million dollars working with an investment coach for more than two years.
There are many financial coaches who excel in their profession, but for the time being, I employ Olivia Lyla Kennedy because I adore her methods. You can make research and find out more.
I just looked her up on the internet and found her webpage with her credentials. I wrote her outlining my financial objectives and planned a call with her.
🃏 I'm still partial to the classic casino games. Poker night feels real with live dealers and players
"Thanks bud for keeping us financially Educated! Regardless of how bad it gets on the economy, I still make huge profits every single week, I was able to build a big income stream investing with Mrs Louise O'Brien..
wow.. amazing to see others who trade with Mrs Louise O'Brien, i'm currently on my 5th trade with her and my portfolio has grown tremendously.
I invest with Mrs Louise O'Brien too, she charges a 20%commission on profit made after every trading session which is fair compare to the effort she put in to make huge profits.
As a first time investor I started trading with her, with just a thousand bucks. my portfolio is worth much more that now within just weeks of trading with her.
SHE IS ON TELE GRAM 💯
She's often interacts on Telegrams, using the user-name below
I would be skeptical about this video. As a grain of salt, let's look at these two people backgrounds. I did paste in my opinion the most important bio parts from Wikipedia for this particular case. Be sure to read the entire bio to not tell me it is out of context later. Just to clarify, sure Buffet could have a talent for business, and he did apparently did earn quite a neat sum of money as a kid, but not enough to make any decent investment. Just my opinion, of course. Well, then to the quotes we go:
"Munger was born in Omaha, Nebraska. As a teenager, he worked at Buffett & Son, a grocery store owned by Warren Buffett's grandfather, Ernest P. Buffett.[1] His father, Alfred Case Munger, was a lawyer.[2] His grandfather was Thomas Charles Munger, a U.S. district court judge and state representative.[3]"
"Munger was previously the chairman of Wesco Financial Corporation, now a wholly-owned subsidiary of Berkshire Hathaway."
"Warren Edward Buffett was born on 30 August 1930 in Omaha, Nebraska, as the second of three children and the only son of Leila (née Stahl) and Congressman Howard Buffett.[13]"
"Buffett's interest in the stock market and investing dated back to his schoolboy days he spent in the customers' lounge of a regional stock brokerage near his father's own brokerage office."
"In high school, he invested in a business owned by his father and bought a 40-acre farm worked by a tenant farmer."
"Buffett worked from 1951 to 1954 at Buffett-Falk & Co. as an investment salesman; from 1954 to 1956 at Graham-Newman Corp. as a securities analyst; from 1956 to 1969 at Buffett Partnership, Ltd. as a general partner; and from 1970 as chairman and CEO of Berkshire Hathaway Inc."
Ok, so what do we have here. They were close friends from early age. Both of them were from influential and wealthy families that could support them with enormous money funds and connections in politics, banks and stock markets. It would be naive not to think they did not use that opportunities.
Now in this video at 0:35 Someone says that small sum of capital is $10 000 000. Is this something that normal person can call as small sum and actually obtain in lifetime by normal work and no connections? At 1:50 Munger says he's grandfather from mother's side did struggle but at the end was the richest man in the town and owned a bank. I have no idea if he did really struggle to obtain that wealth or not, but let's assume he did. So what small sums did his grandfather invest to make profits? Well not that small actually as he apparently bought multiple farms during market panic to sell them to Germans later as mentioned near 2:40. Who can afford to buy few farms this day's? Would someone that works in a shop, IT or other common job be able to afford to buy more than one farm?
Near 5:00 probably Buffet is saying about investing $10 000-$15 000 into small businesses and calling this small sums. Money had different worth that days. You know, inflation and stuff make the toll. If someone can check how much it was worth at the time of making that video it would be great, but I guess that $10 000 at that day could be worth more or less $70 000-$100 000 today.
This is why I find their explanations utterly useless, especially in current times with huge corporations owning and influencing everything, with politics included. It was not at such scale in the past. I do not accuse them of anything but in my opinion and after looking not only at theirs bio but other famous investors and successful businessman and businesswoman that supposedly got rich by hard work this is how you actually achieve financial independence and wealth:
1. Be born in rich and/or influential family
2. Use your parent support to get to a good and/or private school where other influential people kids go, befriend them and make connections.
3. Use your parent's connections or make your own connection with influential people.
4. Use your parent's enormous wealth and support to open businesses.
5. Use classified data, news and gossips obtained from influential people that you know to plan and make your investments.
6. Profit.
Great video! Thank you for your efforts
I like to invest but government somehow try to impose tax on it like advanced taxes, which is a lot of headache.
Charlie Munger I love your humor, your attitude, your knowledge and even your glasses!
Yep. Getting wealthy is the slow steady process of investing small amounts consistently over time.
Investing is easy when you're in the club and get the inside information. Make no mistake, all of the markets are rigged against you.
I usually split my investments into 3 categories and weigh them equally. Basically split the funds 1/3 into very safe things like cash, treasuries, metals, 1/3 into indexes like the s&p, and 1/3 into highly speculative things like crypto. The crypto wins tend to be massive, then get rebalanced with most of the profits getting locked into safe assets. Then when times are rough in the markets I have so much invested in things like cash and metals that I get to scoop up great deals when the speculative markets inevitably crash.
Here
My positive attitude is definitely one of my strengths. I have been a restaurant server, a tutor, and a health aide in the past decade, all jobs that require plenty of energy and endurance. I can view a situation from multiple perspectives and empathize with my customers, students, and patients to understand their needs at any given time. Well I must thank Lilian for taking the time to work with me in investing in to Bitcoin. It helped me get so much that I didn’t expect. Thank you @lilianharris_entrepreneur. I recommend you 👍🏻
why are the bots so heavy in the comments I cant find the real comments
😂😂😂😂
I still think *VRI TOKEN* has a great future because it's owned by amazon. Also I don't hear anyone about DFI? Taking the biggest blow right now. From 5000 euros to 330.... will this still work out in the future? And since BTC will fall even further I think we haven't seen the bottom yet!
Munger and Buffett’s achievements with Berkshire Hathaway are truly inspiring. Their ability to turn modest investments into immense wealth is a testament to their expertise and vision. Reading Berkshire's annual letters has definitely opened my eyes to the potential of the stock market. I recently sold my $674k apartment in Bel Air with the plan of investing it in the market. While I’m excited about the opportunities, I’m also cautious about protecting my investment and avoiding major losses.
Inflation has not always been around there was a 15 year period of deflation. Yes as prices went down income went up. Once you go to Fiat currencies with no tangible backing then inflation is an intentional factor. Patience, Cash on hand & Short Term Investments are key
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
I know I've wanted to start investing for a few months, but just haven't had the courage to start because the market has been down for most of this year. Please how can I reckon with such skills and what are his services like?
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Rebecca Nassar Dunne’” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
I found her page by searching for her entire name online. After that, I emailed her and we set up a meeting so we could talk; I'm currently waiting on her response.
Buffett said that over the long term nothing can beat the S&P 500 index.
Hello 😊
Things appear strange right now. The value of the US dollar is declining due to inflation, but it is increasing in comparison to other currencies and commodities such as gold and real estate. People are flocking to the dollar because they believe it is safer. I'm worried that rising inflation will cause my $420,000 in retirement funds to lose value. What else could we do with our money?
I've been in touch with a coach for a year now partly because I lack the depth understanding and mental fortitude to deal with these reoccurring market situations. It is clear that there is more to the market than the typical individual is aware of because I have already made over $320K in earnings. The best course of action at the moment is to work with an investing advisor, especially for individuals who are nearing retirement.
"Carol Pasol Lewis" . She has years of experience in the financial market, so you can easily look her up.
So, Jack Bogle is wrong to invest in a diversified portfolio? I think not. I've been doing indexing in diversified portfolios for 30 years and been more than satisfied with the results. Most people aren't Ted Williams and are incapable of finding a stock in their "sweet spot".
While I'm with you and am big on investing in the index, that won't make you a Billionaire. It seems those asking these questions aren't content with a low million portfolio.
"i would have loved to watch the man speak and read the subtitles" with out the random clips" but thank you very much for the content
1:45 "He was a pioneer; he came to Iowa and fought in the Blackhawk Wars" ... which were apparently fought by French WWI soldiers.
Please don’t us Broll when Charlie speaks or keep ending in the subtitles, would help a lot
Thanks for the feedback! It increases viewer retention and helps the video (and Charlie Munger’s message) reach a wider audience
@@InvestorCenter got it, hat a typo, meant editing*
So also include the subtitles into the Broll, cause often it’s hard to understand Charlie 👂
Actually what he said is true. For example, I missed Amazon in the 90s and apple in the 00s. I use that opportunities to study how I missed those great companies. Then, I found the next one and got aggressive on it. That's it. Find one you believe in and you better be right. Then, bet your net worth on it.
Genius, Simply Genius❤
His example was a grandfather who made his money by buying from panic sellers during downturns and selling after the recovery.
With only that as context, it says the best way to make money is to have the moral grounding of a pawn shop broken when a single mom comes in to pawn a diamond ring to prevent her and her family from getting thrown into the street.
Nice video! It was quite a rough year for me as I lost my job as a college teacher and earning from home was so uneasy due to the economic recession. Things turned for better mid-year as I got in contact with Ms, Norman Davina, I opened up about challenges I was facing here in Norway. During my time working with her, I was able generate weekly returns on my investment in the money market. We still keep in touch, such an amazing lady.
At present, the most prudent consideration for everyone should be diversifying their income sources, ones not reliant on government support, particularly given the ongoing global economic challenges. This remains an opportune moment to explore investments in assets like digital currencies, stocks and more. thanks to Davina Norman for her guidance in these fields, her proficiency is outstanding
Hi there, I’m commenting from Switzerland . Interesting to know she connects with people from different parts of the world. Such an ambitious woman. I got in touch with Ms. Davis early this year. As a newbie in the market, I had little knowledge on predicting the stock market, but with Ms. Norman weekly analysis and advise profits are guaranteed! I received three times my initial deposit in a week!!
I want to be financially free , I currently work 2 9-5 jobs and I’m struggling to pay bills along with my moms medical bills. I heard about forex a little while ago and was really interested and wanted to get into for the longest but I never had someone who could help. Can I get her contact? I need her assistance
How can I reach Davina does she have a telegram page??
Yes, she does and is very accessible with the username..........
Wow. Great comments. I can listen to him all day
Berkshire has always been composed of a lot of US banking giant , who frenetically trade derivatives, small stocks etc.. so its not entirely true that Berkshire is blocked by its size. Since a large portion of its subsidiary are involved in all those things, and themselves are growing and merging with smaller company. Most of Berkshire success is the ungodly profits of banks and financial services.. and the float given by its insurance company's collecting insurance premium , allowing him to be ahead of inflation and taxation...
Yeah investing doesn't work without cash flow
@@sp123
Cash Flow generate more money to scale your business.