What I Would Do If I Started Investing from Scratch Again

by | Apr 2, 2024 | Vanguard IRA | 1 comment

What I Would Do If I Started Investing from Scratch Again




From a challenging start as a broke teen dad, I’ve built a multimillion-dollar net worth through smart investing and wealth building strategies. In this video, I share the six critical steps that I would take if I were starting all over again, emphasizing real, sustainable growth over fleeting get-rich-quick schemes.
—-
Ask Mat:

—-
00:00 Introduction: Matt’s Journey
00:18 Asset Accumulation
01:26 Rent, Don’t Sell
02:24 Keep Assets
03:05 Leverage Real Estate
04:46 Budgeting Essentials
06:50 401k Maximization
07:57 Start Side Hustles
09:12 Smart Investments
11:32 Income Increase Strategies

—-
Found this video helpful? Click the Like button & share with others. Subscribe to my channel and click the 🔔 icon for notifications when I post a new video. Don’t forget to leave your questions in the comment section below!
—-
Websites:

—-
My Social Media:

Instagram:

Tik Tok:

Linked In:

Facebook:
—-
🚀 Disclaimer: This podcast is for educational purposes only and does not constitute financial advice. Consult with a qualified professional before making any investment decisions….(read more)


LEARN MORE ABOUT: IRA Accounts

INVESTING IN A GOLD IRA: Gold IRA Account

INVESTING IN A SILVER IRA: Silver IRA Account

REVEALED: Best Gold Backed IRA


If I Started Investing From Scratch Again, I’d Do This

Starting to invest can be a daunting task, especially if you are new to the world of finance. But if I were to start investing from scratch again, there is one key thing I would do differently: educate myself.

Before diving into the world of investing, it is crucial to understand the basics of finance and investing. This includes learning about different types of investments, such as stocks, bonds, mutual funds, and ETFs. It also involves understanding the concepts of risk and return, diversification, and asset allocation.

See also  What is an IRA Rollover? A Few Things Fidelity, Schwab, and Vanguard Don't Tell...

One way to educate yourself about investing is to read books on the subject. There are countless books available that cover a wide range of topics related to investing, from the basics to more advanced strategies. Some popular titles include “The Intelligent Investor” by Benjamin Graham, “A Random Walk Down Wall Street” by Burton Malkiel, and “The Little Book of Common Sense Investing” by John Bogle.

In addition to reading books, it is also beneficial to take advantage of online resources such as websites, blogs, and podcasts that cover investing topics. These resources can provide valuable insights and advice from experienced investors and financial experts.

Another important aspect of educating yourself about investing is understanding your own financial goals and risk tolerance. Before making any investment decisions, it is essential to have a clear understanding of what you are investing for and how much risk you are willing to take on.

Furthermore, setting specific investment goals and creating a well-thought-out investment plan can help guide your decision-making process and keep you on track towards achieving your financial objectives.

In conclusion, if I were to start investing from scratch again, the first thing I would do is educate myself about the fundamentals of finance and investing. By doing so, I would be better equipped to make informed investment decisions and increase my chances of achieving financial success in the long run. Remember, knowledge is power when it comes to investing, so take the time to educate yourself before diving in.

Truth about Gold
You May Also Like

1 Comment

U.S. National Debt

The current U.S. national debt:
$35,677,796,842,519

Source

ben stein recessions & depressions

Retirement Age Calculator

  Original Size