How to Invest for Beginners | Ex-Wall Street Trader Explains Investing 101 | Your Rich BFF

Timestamps
0:00 Intro
0:40 What should you invest in? The “perfect” investment
1:33 Where should you put your money? Accounts
2:30 How to fund your investments?
2:50 What’s the best investment for beginners?
5:40 What’s the easiest way to invest?
6:50 Why you need to Invest to Retire
7:07 Most Important Reminder: Progress, not perfection

About Me
Your favorite Personal Finance & Investing Creator. Let’s talk about money, career, & getting rich. Learn more about my background in Finance on www.YourRichBFF.com and follow me for more smart money tips.

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[Kevinbrian]

If you wanna be successful, you most take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You must look outward if you wanna be successful in life.

[tatianastarcic]

My advice to new investors: Buy good companies stocks and hold them as long as they are good companies. Just do this and ignore the forecasts and market views which are at best entertaining but completely useless.

[michaelschiemer]

Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.

[IsaacClark-jh]

You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life

[MasonKalair]

I'm disabled and eager to work, but doctors won't allow it. I inherited $200, 000, held by my sister in a bank. It's not earning interest, which seems unfair. I want to explore options for it- (stock market investing).

[debbygradley]

Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.

[zacharydouglas]

The problem we have is because Most people always taught that " you only need a good job to become rich. These billionaires are operating on a whole other playbook that many don't even know exists.

[diane.moore-]

The advice in this video is valuable for the typical American. I started investing when I was 40 back in 1998. Today, I have a decent $3.7M nest egg, thanks to the careful supervision of my CFP. After learning all of this, my only regret is not starting earlier when I was 35. It may not seem like much but those extra 5 years are the most important.

[debwes]

While this provide an actual strategy on investment and how to make gains. After buying stocks for just over 2 years now, i'm struggling to make gains presently. Any idea on how i can adjust or revamp my $290, 000 portfolio? or should i consider some defensive investments? Really need your help and dont mind paying for it.

[Riggsnic_co]

Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.

[Michaelwilliams]

At the very least, I now grasp the concept of leverage. Creating wealth and financial freedom isn't as tough as many people believe. Building wealth and remaining financially stable indefinitely is a lot easier with the appropriate information.
Participating in financial programs and products is the only true approach to make a high income and remain affluent indefinitely.

[austinbar]

Once upon a time, I was an eager investor. With high hopes and dreams, I diligently built my investment portfolio over the years. But as the tides of the market turned against me, my once-promising investments began to crumble. Stock prices plummeted, bonds defaulted, and my hopes faded away. With each passing day, my portfolio dwindled, mirroring the sinking feeling in my heart. I watched helplessly as my hard-earned savings vanished, leaving behind a lingering sadness and a stark reminder of the unpredictability of the financial world. I'm here again because I want to get back on track.I need ideas to get on on a recovery process.

[lisajenkins]

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274, 800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

[adamsfueher]

I have a 401(k) and I have an IRA but when he says he split it into 25% evenly through four places, the money in those accounts is being invested. Divide it into 3-4 different things so that if one tanks your entire investment isn’t tanked.

[AmberDen]

Opinions on the market diverge; some claim overvaluation due to rapid gains, while others cite strong economic fundamentals justifying high valuations. Raises concern for my $600K
equities going 8% up and 20% down. Should i hold on or sell off my positions and hold cash?.

[bronsonjames]

At the very least, I now grasp the concept of leverage.
Creating <wealth and financial freedom isn't as tough as many people believe. Building wealth and remaining financially stable indefinitely is a lot easier with the appropriate information.
Participating in financial programs and products is the only true approach to make a high income and remain affluent indefinitely.

[martinbelanger]

As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?.

[Garystubbs]

Dips are the market's way of setting the stage for the next big rally! Remember, every setback is a setup for a comeback. If you're feeling uncertain, take a step back and look at the bigger picture. The crypto world is full of opportunities, and those who stay informed and patient often reap the biggest rewards. Dive deep, do your research, and always be ready to seize the moment, A noteworthy acknowledgment goes to Tammy Brockman, whose proficiency has been instrumental in expanding my portfolio to 17 Btc within a mere 9 weeks of delving into the crypto realm. I strongly endorse her for anyone seeking to enhance their investments.

[kylemurphy]

Thank you Vivian for not making me feel stupid, and giving me hope as someone who is 36 and hasn’t invested before.

[harleycartley]

One thing people fail to do (especially millennials) is INVEST. I made my first million from blue chips and top etfs using a broker so i invested and re-invested my profits. I also acquired large amount of high-quality dividend-paying stocks too that gives me a solid base of passive income. ever grateful to Susan Kay Mack handling my portfolio, two years now and she still surprises me, she's actually the only person i know that's richer than me haha