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DAY-TRADING IS A BAD IDEA: How And Why Long-Term Investing Wins - MNO EPISODE 238
I wish building wealth was an easy, short process, and I bet you do too. The problem is that wealth-building has traditionally been and continues to be a long-term grind. Day-Trading is the antithesis to this idea of long-term investing, and I want to explain to you exactly why it is a bad idea as an investment strategy. Ultimately, the data regarding day traders does not lie: THEY LOSE MONEY; and I am trying to keep you from experiencing the same peril. Today, we will discuss:
1. What day-trading is
2. Why people have day traded more during the pandemic
3. Statistics about day trading that prove it to be a bad idea
Begin your path to financial freedom today: https://www.youtube.com/channel/UCjyCApAbHBN0Jtw5bAehbRg?sub_confirmation=1
Don’t forget to like, subscribe, and leave comments below as I would love your feedback. Be sure to check out my website (www.mnowithdylan.com) where you can get more information on my financial coaching services and more, the podcast of these shows if you are more of a listener than a watcher, and follow the show on any social media outlet (FB, Twitter, & Instagram) @mnowithdylan (Money’s No Object with Dylan Howell) [All links in description]. Tune in for more personal finance concepts. Don’t forget to check-in every weekday (Monday-Friday) for new videos which will be uploaded each day at 6 a.m. CDT. Thank you, guys, for tuning into this episode of Money’s No Object. I’m Dylan Howell. God Bless!
Facebook: https://www.facebook.com/mnowithdylan/
Instagram Page: https://www.instagram.com/mnowithdylan/
Twitter: https://twitter.com/mnowithdylan
(Please keep in mind that I am not a financial advisor. I create these videos for educational purposes only. You and only you are responsible for the investment decisions that you make.)
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By mnowithdylanI wish building wealth was an easy, short process, and I bet you do too. The problem is that wealth-building has traditionally been and continues to be a long-term grind. Day-Trading is the antithesis to this idea of long-term investing, and I want to explain to you exactly why it is a bad idea as an investment strategy. Ultimately, the data regarding day traders does not lie: THEY LOSE MONEY; and I am trying to keep you from experiencing the same peril. Today, we will discuss:
1. What day-trading is
2. Why people have day traded more during the pandemic
3. Statistics about day trading that prove it to be a bad idea
Begin your path to financial freedom today: https://www.youtube.com/channel/UCjyCApAbHBN0Jtw5bAehbRg?sub_confirmation=1
Don’t forget to like, subscribe, and leave comments below as I would love your feedback. Be sure to check out my website (www.mnowithdylan.com) where you can get more information on my financial coaching services and more, the podcast of these shows if you are more of a listener than a watcher, and follow the show on any social media outlet (FB, Twitter, & Instagram) @mnowithdylan (Money’s No Object with Dylan Howell) [All links in description]. Tune in for more personal finance concepts. Don’t forget to check-in every weekday (Monday-Friday) for new videos which will be uploaded each day at 6 a.m. CDT. Thank you, guys, for tuning into this episode of Money’s No Object. I’m Dylan Howell. God Bless!
Facebook: https://www.facebook.com/mnowithdylan/
Instagram Page: https://www.instagram.com/mnowithdylan/
Twitter: https://twitter.com/mnowithdylan
(Please keep in mind that I am not a financial advisor. I create these videos for educational purposes only. You and only you are responsible for the investment decisions that you make.)