Successful investing is tough, but by knowing these 7 things that I wish I knew, you can be on you way to financial freedom faster! Beginner investing 2023. Understanding what to invest in, which ETFs and individuals stocks to look for, how to invest, and why to invest are so important. Financial independence can become reality!
#etfinvesting #investingforbeginners #dividendinvesting
0:00 – The Journey to Financial Freedom
0:47 – Lesson 1
1:27 – Lesson 2 (boring but ESSENTIAL)
2:32 – You only lose money doing this (STOP!)
2:46 – Lesson 3 (What to focus on)
3:47 – This ACTUALLY moves the needle in your investing journey
4:45 – Just Get Started (how?)
5:56 – Diversification (but not how you think)
7:14 – Hedge against Stocks and Bonds wisely!
9:21 – Lesson 6 – How millionaires invest
10:14 – When to buy the (lowest) dip
11:08 – Lesson 7 – Investing for different life stages (not just retirement!)
12:41 – Mid-Term Investing (passive income to enjoy NOW)
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Investing can be a great way to grow your wealth and secure your financial future. It can also be an intimidating and complex process for those who are new to it. To help you get started, here are seven valuable investing tips that I wish I knew when I first started investing:
1. Start Early: The earlier you start investing, the more time you have for your investments to grow. Investing when you’re young allows you to take advantage of the power of compounding, which is when your investment returns generate additional returns over time.
2. Do Your Research: Before investing, it’s important to do your research. Understand the different types of investments available, the risks and rewards associated with each, and the potential returns you can expect.
3. Diversify Your Portfolio: Don’t put all your eggs in one basket. Diversifying your portfolio helps to reduce risk and maximize returns. Consider investing in different types of investments, such as stocks, bonds, mutual funds, and exchange-traded funds.
4. Set Investment Goals: Set realistic goals for yourself and your investments. This will help you stay on track and ensure that you are investing in the right products for your needs.
5. Monitor Your Investments: Regularly monitor your investments and make adjustments as needed. This will help you stay on top of any changes in the market and ensure that your investments are performing as expected.
6. Don’t Follow the Crowd: Just because everyone else is investing in a particular asset doesn’t mean it’s the right choice for you. Do your own research and make sure you are comfortable with the investments you make.
7. Seek Professional Advice: If you’re new to investing or have questions, don’t be afraid to seek professional advice. A financial advisor can provide valuable insight and guidance to help you make informed decisions.
Investing can be a great way to grow your wealth and secure your financial future. By following these seven valuable investing tips, you’ll be on your way to becoming a successful investor.
Skip the waitlist and invest in blue-chip art for the very first time
by signing up for Masterworks: https://www.masterworks.art/investingsimplified
Purchase shares in great masterpieces from artists like Pablo Picasso,
Banksy, Andy Warhol, and more. See important Masterworks disclosures:
https://www.masterworks.io/cd
It's only on sale if your window of time is the last few years. Things are outrageously up in the Covid era only because the fed has flooded the market with dollars. Expect them to become A LOT more on sale in the not too distant future.
I tried stock picking first, not knowing anything about ETFs. I wish that I had parked my cash in a solid index fund/ETF to begin with. I got lucky and made some money, but then luck ran out when I sold and tried the "process" again. 5 years later, I have a much better grasp of my tolerance and my time horizon, as well as what a crash can feel like.
What is your thoughts on investing your emergency cash in T.bill ?
Hey! Thanks for the videos, very informative. I am just starting my investment journey (bit late at 38), although I invested in real estate in 2019 (was a very clever move, I have to say). Anyway, I am a bit lost between investing in VOO and SPYD, I know they are not the same, but my concern is, should I split my investment between both or focus only on one? Obrigada 😉
Had no idea it was a bull market when I lump sum invested
Do I need a Individual Account if I already have a Roth IRA account?
To start with ETFs
Good stuff professor!
Been investing for 20+ years. One thing I wish I would have known is that I did not need a financial advisor charging us fees for all transactions. Now we just keep the investments simple with ETFs and funds and manage ourselves.
Investing simple and safe… Masterworks doesn't fall into the safe part. Just read their terms and fees.
Don’t worry about “the next big thing”. Solid company/etf with fair dividend, or good profit margins + cash flow (TSLA for example), invest it and forget it.
Here are some details everyone should know about Masrerscam…I mean Masterworks. https://youtu.be/fDJuwoEwwvI
starting early!
Appreciate the videos but I don’t think you’ve done the research in Masterworks. If you had, you would NOT be promoting them. How can you say to invest in LOW expense index funds but then recommend Masterworks? Did you even look at the fees? Did you look at how long you need to keep the money invested with them or what percent of the investment goes back to Masterworks once it sells? Probably not so you should go do that before accepting them as a sponsor.
Thank's for sharing all your knowledge Professor! You are my go to for all thing's ETF related and I have already learned quite a bit because of you. What are your thoughts on reit etf's? I'd like to add one to my Roth it would be a small percentage say between 5 to 8. Most of the popular choices seem to have a somewhat small dividend yield (VNQ 3.57%). I thought one of the main benefits of investing in the real estate sector was bigger yields? Only one I could find was ticker RIET from Hoya capital which currently yields 8.55% Have you heard of it? Any chance you could look into it? Thank's brother you have been a blessing.
Wish I started sooner! Even if it was $10 a week
Your new too young to start just do it the earlier the better, if you a late starter tell younger people, members of family.
I’m a fan of Prof G for your sound dividend investing advise. I am also an investor of art through Masterworks. However, I must say I’m really disappointed that you have chosen to take on this partnership as the two are totally unrelated and is not investing simplified!
Hello Professor G,
What online platform do you use to purchase Bitcoin?
Always Pay Yourself First!
I wish I had known about the concept of reinvesting dividends much earlier. I wasted a lot of time and money focusing mostly on growth stocks and selling dividend ones that didn’t seem to be growing fast enough. You live and you learn though. I’m glad I found this channel.
I wish I hadn't spent so much time and $$ chasing high divis and playing the buy high sell low game. Now its solid ETFs and blue chips to grow the value slowly rather than trying to make a mint right away
I'm starting pretty late with investing outside of my 401k. I"ll be 54 this year and I have a good job that I plan on staying at until 65-67. With my 401k, I pay 50% in the S&P500, 25% S&P400 Mid Cap and 25% in the International Index Fund. I was thinking about putting my 401k contributions to 1% and start putting over 500 a month into a Roth IRA with a couple of ETFs. Do you think this would grow faster in the next 13 years than my 401k?
So behind because I was not consistent!!!