👉 My favorite broker for investing:
💵 Get 2 free stocks when you signup for Webull and deposit $100:
💰 Another broker option: www.fidelity.com
🟢 Download my free budgeting spreadsheet:
📺 Learn ThinkOrSwim Video:
🎶 Where I get my music:
➦ Automatically Save w/ Acorns:
➦ Tubebuddy for YouTube:
➦ My microphone:
➦ This mic activator (for better sound):
➦ Vlogging camera:
➦ My huge wall calendar:
I use all of the above services/products, so they are genuine recommendations. They are also affiliate links which means I get paid a small amount (at no cost to you) if you sign up / buy with those links.
Check out my music on Spotify:
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Put my music in your videos:
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0:00 Intro
1:01 Getting Started
2:13 Why Should You Invest?
3:02 Get a Brokerage Account
5:32 What to Buy
7:29 How to Buy
8:57 Timing the Market
9:44 Compounding Gains
11:04 Final Thoughts…(read more)
LEARN ABOUT: Investing During Inflation
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing
I advice anyone trying to buy a house but don’t have the complete funds. I urge you to Invest in stock market, then make good profit before buying a house, his mail address is above my comment
I made $78k after just one week.
Roth IRA – max it out
401k – max it out
ETF – S&P 500 or VTI – Dollar cost average and thank me when you retire
There are licenced professionals?
I'm not looking to contact scamers in India, Africa, Russia or Eastern Europe.
Whatever type of investment you decide to get into, I think the key message here, or for me rather is to start investing no matter how small. Don't rush into anything you're not absolutely sure of. Then of course you can always build from there.
How often is the compounding? Yearly, monthly..?
11:11
In order to grow your money, you need to put it in a place where it can earn a high rate of return. The higher the rate of return, the more money you will earn. Investment vehicles tend to offer the opportunity to earn higher rates of return than savings accounts. Therefore, if you want the chance to earn a higher return on your money, you will need to explore investing your money.
If we're talking about a long term investing strategy, you should definitely be investing in a tax-advantaged account (roth, 401K, or both) before you start dumping money into a normal brokerage….
After saving your 6 months of emergency funds, then:
If you're employed (W2), max out your 401K to the point of the company match so you can take advantage of that contribution.
Then, sign up for a Roth IRA and dump 6K per year (or whatever the max is, it changes sometimes) into that…
THEN sign up for an M1, WeBull, etc…
You might as well just buy Series I government bonds and not trade options if you are trying to start investing. Also don’t take investment advice of any kind on YouTube
lol at the ARK ETFs
Thank you:)
Great job!
would love a video on flipping nfts n how profitable that will be
Great video as always. Could you do a review of broker accounts for fx and stock for users outside US and EU? Thanks!
Glad I found this channel. This guy is great. Too many "gurus" out there trying to get me to buy their course.
Compound interest is a great thing except you don't get that with shares. Yeah, you can annualize your return but there;s no compounding effect taking place. You buy 1 share of TSLA today at $1000 per share and sell it in 5 years for $1500. you only made $ 500. Great video for beginners however.
I'm buying index funds & sold my bonds then bought physical silver & gold. I've owned index funds since 2017 and buying gold since 2013.
btw I'm pretty sure you didn't have a personal website before (or I never saw it) – looks great!! Congrats! Thanks for the spreadsheet!
Thank you! 2022 is the year I decided to focus on investing bigger (as opposed to shorter term stuff), so this video is super good timing (and motivating) to me. A very well deserved thumbs up!
Risking 5k for a 50$ +/year isn’t worth it. Only if you don’t care about your money and do it long term.
Another great video this week. Also thank you for the 11:11 wish clock. Was waiting for it to change throughout the video.
Do you have any recommendations for non Us Citizen
Like you man i am trying to turn 1000 into 10.000 dollars, for the moment 1070 ahah, i am very slow but i am sharing my journey, thanks for the videos brother