Yes to Money

36. Best and Simple Investing Advice That will Bring You Millions


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https://youtu.be/J9kU51NLnGM

 Today I come to you with some of the simplest investing advice that you have ever heard. When followed, riches will enter your home.

đź”” Subscribe for more tips just like this: https://www.youtube.com/channel/UCcja7IBZ2VZVsCdmGDjZiRw?sub_confirmation=1

-----Contents of this video-----------------------------------

0:00 - Intro

0:03 - 5 Simple Investing Advice

0:11 - #1. Ignore the News

1:23 - #2. Stop Trying To Outguess the Market

1:53 - Investing Cycle Graph 

2:55 - March 2020 Example of Stock Market Crash 

3:25 - #3. Be Unpopular, be boring when it comes to investing

4:10 - #4. Automate your investing, put it on autopilot 

5:07 - #5. Educate yourself on Personal Finance

6:08 - Summary / Bonus

 In this video I am talking about 5 Simple Investing Advice that when followed wonders will take place in your LIFE; millions of dollars will enter your home

Ignore the news - financial news in this case
From 2008 to now, the media has predicted many stock market crashes. 99.99% of them never happened. They’re actors paid to sell advertising by scaring the heck out of you. Learn to invest instead. You’ll be happier and a lot wealthier. 

Stop Trying to time the market
Stop trying to time the market jumping in and out. People try to out guess it. They won’t. (think back how successful you were in the long run by frequent buying and selling). So they buy high and sell low. Instead just let it ride. 

Be unpopular / be boring (when it comes to investing:)
Everyone likes the new shiny investments. (just like the new car vs the old reliable one you already have :) ). You know the one that everyone talks about over at happy hour. You know what I am talking about, right? Like the latest crypto coin that went up 1000% in the last week only to come down even more. Run from it. Because it will most likely go back down just as it came up.  

Engage autopilot/cruise control 
Put your savings and investments on automatic. Most people wait until they have the money. Which is never. Automate. Every month. Goal for CASH to hit your investments, not your spending account.

Educate Yourself on Personal Finance
Education is less expensive than experience (i know this from my own experience as I lost $30K in playing with stocks). Learn before you place your money in any investments. Education may be expensive. But it’s a lot cheaper than mistakes.

Summary
Pretty much if you do exactly the opposite of most of your friends you’ll build a lot of wealth. To achieve extraordinary wealth you have to do what the ordinary don’t.

I am truly thankful for you coming to my channel and experiencing the content that I am putting together!

 My wife and I wrote the book: “LIFE LESSONS: From A Wiser Me to A Younger Me” In this book, we go into details of what were the biggest lessons we have learned up until now. Our intention for writing the book was for people to learn from it and not repeat the same mistakes we did. Also what we have learned in 10, 20 years, could be compressed in a few days of you reading the book.

You could purchase it here: https://www.amazon.com/dp/B09JBHGSRF/ref=cm_sw_em_r_mt_dp_0QE4R3280AE5BMYH1SPK

 *None of this content is meant to be interpreted as investment advice. It is for entertainment purposes only. The content in the video is accurate as of the day of the posting and may not be accurate in the future.

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Yes to MoneyBy Vladimir