I read 66 INVESTING books to learn these 14 lessons [for beginners]

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  • Опубліковано 25 чер 2024
  • 14 Eye-opening INVESTING lessons from 66 BOOKS [for beginners]
    👉📕 Buy the books here: amzn.to/48vnNPa

КОМЕНТАРІ • 69

  • @hersdera
    @hersdera 2 місяці тому +230

    I must say you are an inspiration because I started up investing and trading as a scared investor who doesn’t want to lose money, glad to say I’m very profitable now and bought my first house through it

    • @Hectorkante
      @Hectorkante 2 місяці тому +2

      As a beginner, educate yourself: Learn the basics of investing and the stock market. There are many resources available online , including books, articles, and online courses. It’s a good idea to diversify your portfolio across different stocks and sectors to minimize risk.

    • @RaymondKeen.
      @RaymondKeen. 2 місяці тому +2

      The truth is that this is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. My friend just pulled in more than $84k last month alone from his investment with his advisor. That is how people are able to make such huge profits in the market

    • @SandraDave.
      @SandraDave. 2 місяці тому +2

      Wow! This is just mind-blowing. I have set aside $80k since the start of the year, but I've been hesitant to go into the market by myself because of fear of a crash. How about you recommend your financial advisor, please? I could really use some help.

    • @RaymondKeen.
      @RaymondKeen. 2 місяці тому +1

      My CFA ’Melissa Terri Swayne’ , 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.

    • @HectorWhitney
      @HectorWhitney 2 місяці тому +1

      Looked up her name and her website popped up immediately, interesting stuff so far, about to schedule a session with her.

  • @LiuYan-xx8yx
    @LiuYan-xx8yx 5 місяців тому +114

    Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains.

    • @MasonLangley-qt6cv
      @MasonLangley-qt6cv 5 місяців тому

      Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields

    • @KarenOpenda
      @KarenOpenda 5 місяців тому

      Amazing. 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?

    • @MasonLangley-qt6cv
      @MasonLangley-qt6cv 5 місяців тому

      Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth in the past two quarters.

    • @MasonLangley-qt6cv
      @MasonLangley-qt6cv 5 місяців тому

      This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets.

    • @lawrencerandolph5795
      @lawrencerandolph5795 5 місяців тому

      I’m intrigued by your progress. Could you share some insights into your trading strategy or perhaps recommend any specific resources or mentors that have led to your success.

  • @cornelj.
    @cornelj. 5 місяців тому +1

    I clicked on one of the book summaries that randomly popped up on my feed, because I didn't feel like listening to true crime, yet can't fully concentrate on a full audio book. What I found was a channel of pure gold and about 20 valuable tips before 8.30am!!! This was one of those speechless "the universe works in mysterious ways" moments! Thanks for the great content!!

  • @JosephineGaule
    @JosephineGaule 6 місяців тому +47

    The market crisis brought me my first millions; many run from difficult times; I welcome them-or, my adviser does, anyway. There's a reason why investing isn't effectively taught in schools. Making money isn't the same as holding onto it.

    • @Tipberends
      @Tipberends 6 місяців тому

      Investors should be cautious when extending their exposure and cautious when making new acquisitions, especially when inflation is high. It is recommended to consult a professional or reliable counsel, as navigating high yields in this economic situation might be difficult.

    • @jerryscotfield6913
      @jerryscotfield6913 6 місяців тому

      This is really great! Information: Being well-informed is a significant factor in handling all of this as a novice investor. How do you remain on top of this, and are you an experienced investor?

    • @victoriaaldrin
      @victoriaaldrin 6 місяців тому

      I've discovered that keeping a careful eye on my portfolio has been really rewarding. Just the previous two quarters have seen me bring in an incredible $173k. It's amazing to see how experienced investors can turn a healthy return. I think that by behaving in this way, I made a bold and exciting decision.

    • @ParishBlein
      @ParishBlein 6 місяців тому

      Excuse me, but who helps you through the whole process?

    • @victoriaaldrin
      @victoriaaldrin 6 місяців тому

      Emily Lois Parker, that's who i work with

  • @kmsoh1027
    @kmsoh1027 6 місяців тому +4

    Lesson #14 is the most eye opening - in a survey of fund managers, 50% of fund managers do not invest in the fund they manage.
    Elvin, you are the best.

  • @kristianscout
    @kristianscout 6 місяців тому +82

    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 such as Bitcoin, Ethereum, and XRP. thanks to Cheryl Atonal for her guidance in these fields, her proficiency is outstanding

    • @andrewtrapp
      @andrewtrapp 6 місяців тому

      Investing has proven to be an incredibly beneficial decision. My cryptocurrency profits continue to play a substantial role in growing my overall wealth, reducing my reliance on my salary

    • @KadenGarcia-uk7pj
      @KadenGarcia-uk7pj 6 місяців тому

      Cheryl Atonal's understanding of market indicators is impressive. She knows exactly when to enter and exit trades for maximum profit. her siignals are top notch

    • @clackyoung8977
      @clackyoung8977 6 місяців тому

      Over the years, I've been a part of numerous trading programs, sifting through a barrage of information. Yet, nothing has come close to the sheer clarity, depth, and precision of Cheryl’s insights. It's akin to finding a diamond in a coal mine.

  • @arymniak1
    @arymniak1 6 місяців тому +15

    Track your spending for one month, eliminate all unnecessary spending. The $3 a day coffee is $90 a month you can invest.

  • @brooms4142
    @brooms4142 6 місяців тому +40

    As an investing enthusiast, I've kept asides a good sum of capital to invest for financial independence and early retirement, but my concern right now is the market rally being a propaganda. Is this really a good time to buy stocks, or do I wait for crash?

    • @arlenehill4ril
      @arlenehill4ril 6 місяців тому +1

      the stock market can appear as a bewildering cauldron of fake news for new investors. I would advise using a CFP, give him/her 2/3 and then invest the 1/3 on your own, but only if you have time to track stocks and educate yourself

    • @Adrian_misterblue
      @Adrian_misterblue 6 місяців тому +4

      First two years, I lost money until I got my sea legs. Actually, my portfolio is well-matched by a certified financial planner for every season of the market, and just recently hit 7-figure after 5 years of subsequent investments. I'm retired and never leaving the mkt !

    • @okaydamian
      @okaydamian 6 місяців тому +2

      @@Adrian_misterblue congrats! the market to me is like a lucrative chess game, incredibly difficult to outperform, it's all about understanding how the world moves, its history and psychology... mind disclosing info of your CFP? i'm quite curious

    • @Adrian_misterblue
      @Adrian_misterblue 6 місяців тому +3

      She goes by the name ‘Theresa Leigh Detrick’ I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.

    • @pluto1of1
      @pluto1of1 6 місяців тому +2

      I feel thrilled about this, curiously inputted Theresa Leigh Detrick on the web, spotted her consulting page ranked top and was able to schedule a call session. Ive seen commentaries about advisors but not one looks this phenomenal

  • @508outdoorcooking
    @508outdoorcooking 6 місяців тому +6

    You are literally the best teacher I have on UA-cam. I hope you have a merry Christmas. This video is invaluable. Thank you for all your hard work my friend.❤❤

  • @mustaphafofanah
    @mustaphafofanah 6 місяців тому +3

    I have drastically cut on basic spendings like transport and clothing, which have actually helped me greatly

  • @WeSLifechronicles
    @WeSLifechronicles Місяць тому

    Thank you ❤❤❤

  • @rpamin9866
    @rpamin9866 3 місяці тому

    Thanking a lot, it reduce my time to study a lot.
    Hope you make more video for us🥰

  • @maphitagodswillebai4956
    @maphitagodswillebai4956 6 місяців тому +3

    I'm going to put it in to practice

  • @Historyteacheraz
    @Historyteacheraz 6 місяців тому +2

    Great insight! A Teenager’s Guide on how to Invest Like Warren Buffett and Charlie Munger is a great book for new investors.

  • @paultravis3249
    @paultravis3249 5 місяців тому

    Thank you for sharing

  • @jamesnyangute888
    @jamesnyangute888 5 місяців тому

    Best advice ever.

  • @Lemonade68524
    @Lemonade68524 4 місяці тому

    This video encapsulates invaluable investing lessons gleaned from a substantial reading endeavor. The emphasis on investing in oneself, achieving financial freedom before seeking wealth, and the impact of fees on long-term returns is particularly insightful. The advice to control greed, prioritize debt repayment as an investment, and be cautious about average-based information adds practical wisdom to financial decision-making. Overall, a concise guide to navigating the complexities of investing with a blend of experience and informed strategies.

  • @China786
    @China786 6 місяців тому +3

    I feel like you’re Finance ChatGPT🎉🎉

  • @tepidtuna7450
    @tepidtuna7450 6 місяців тому +1

    Some really good advice there. All of it actually.
    I did remember though that Elon only takes $1 in salary, so consider that.
    He did sell some stocks recently 😉 so was that income or an investment return. That depends on one's jurisdiction and its laws.

  • @dreameryoung38
    @dreameryoung38 6 місяців тому

    Good information wish I had this information, I'm 60 years old and learned somethings but this definitely would have had me on top

  • @ekevanderzee9538
    @ekevanderzee9538 6 місяців тому +1

    I always wondered if any people at all fall for those too good to be true schemes. After all: if it pays significantly over market rate, why don't they invest all of it themselves? Or borrow against a lower rate and invest it? Because. That's why.

    • @yessumify
      @yessumify 5 місяців тому

      Yeah like those timeshare sales. I asked the salesman why he doesn't buy one then. He had no comment lol

  • @jumaali146
    @jumaali146 6 місяців тому

    You are Excellent at your work.
    Please do SIX-MINUTE X-RAY (Chase Hughes)

  •  5 місяців тому

    Did you upload this video in the Spanish version?

  • @Keep_Intentions_Pure
    @Keep_Intentions_Pure 6 місяців тому +3

    This video was good but sooo vague, maybe do videos explaining the steps. If you already made videos on the topic why not link it.

    • @tepidtuna7450
      @tepidtuna7450 6 місяців тому +2

      There's a fine line between general ideas and financial advice. The latter is illegal in most places without a licence.

  • @awakentheworldwithin
    @awakentheworldwithin 6 місяців тому +1

  • @TamasSKiss
    @TamasSKiss 6 місяців тому

    😉👍

  • @adityapatnaik7078
    @adityapatnaik7078 6 місяців тому +1

    girl when will you show your face

  • @MoempfLP
    @MoempfLP 6 місяців тому +1

    15:07 Why does this soldier look like from @General.Knowledge

  • @Daisy-ou4kx
    @Daisy-ou4kx 5 місяців тому

    Thank you so much you're the angel that sent from me all the urgency and hesitations were put to an end. You deserve a million subscriber. Pls don't stop at making video. You're a great mentor. How I wish I had a mentor like you. God bless.Thank you for sharing your great knowledge in the world of Financial Industry 🤗🫶🥰