3 Costly Investment Mistakes I Made

Investing mistakes I have made packed into one video. I've went over some of these pitfalls and concepts before. Now, let me give some context about how these mistakes shapes the way I make videos going forward.

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[thecooperacademy]

Investing when you're young is one of the best things you can do. One of the risks however is not understanding how to invest. This is why it is great that we have channels like yourself to educate others.

[beaviswealth]

Thumbnails bang on! Very wise piece of advice with the ps3/Sony. I’ve found myself in this situation before as well.

[dogie]

Thank you for sharing the failures, not only the successes. I dread making expensive mistakes.

[_Wai_Wai_]

sincere, to the point videos. I see why ppl are drawn to you. Your channel is underrated. Liked and subscribed.

[hitva]

A couple of days ago I was thinking what kind of mistakes has btb made in the past? This was a good lesson. Thank you for sharing!

[TheSwedishInvestor]

1:10 This doesn't only cost a lot of money in commissions, but also a lot of time. Time that could have been used to concentrate during class (ie less work at home), chatting with your friends or similar.

[aerohk]

Turned $5k to $1.3k by buying crypto. Hey, at least I am making somebody else rich.

[minimini]

As a high schooler for the next year, I've been looking into investing properly before I become an adult. This is good content on what to avoid

[KWeisInvestments]

Thank you for sharing hopefully you can help others not make the same mistake. Personally I made the same mistake with mutual funds as well but came to my senses within a few months

[haresh_]

Well its not only time cost, Dont forget about INFLATION .

[scottscriticalmass]

BtB - Your lesson on #2 is an excellent one to share - 'Time value of money'... Most people don't factor that into their investments and pride causes people to want to least break even. Sometimes it's better to sell a loser and reinvest elsewhere. Live to fight another day.

[PlacesGoTravel]

Wow BTB you had less subscribers than me when I first found you on YT! You’re doing amazingly well, love the videos -always watching even if I don’t comment all that often. Take care my friend 😎👍❤️

[cybersphere]

Mutual fund managers still make money regardless of whether the fund goes up or down. The "investment advisers" are just well paid salespeople making a commission on each sale. It came out in Australia that banks put huge pressure on their staff to see every customer interaction as a sales opportunity and sell sell sell. Often, they are coerced into behaving in a manner which is against their better judgement in order to hit their sales targets. So, they are the worst people to take advice from. Good to hear that you've learned from your earlier mistakes.

[sagemulkey]

Your just a great guy, you don’t mind talking about your mistakes and your UNSELFISH and actually don’t want people to suffer like you.. great video

[chewie]

Great video again. Watch out for those banks. They tried to entice me w a 30% return. LoL. Beware of those banks.

[yovizx]

Same. I did a few penny stocks. I did good in some stocks, but I got burned so bad on the majority of trades and I also put all my savings. Still recovering from it but now my investment are going up. It's will probably take me another year of two to be in the green from my initial investment. But I'm glad about it to because i learned a lot from that. And I'm over it now. It was only one year mistake.

[navepreetbrar]

Dude, I did the same as you in HS and College. Understanding Speculation vs Investment is incredibly important for young people. Then again, most young people, much like me in HS and college are infatuated with quick money. When in reality, building wealth has more to do with the process of compounding as it applies to both money and knowledge.

[SheeneArca]

Do you guys recommend buying stocks through your bank?

[JH-qmxt]

This is great, you're helping your viewers avoid some costly mistakes here

[Incite]

Hey beat the bush, I'm currently in highschool and am looking to begin investing, (I don't have that much money obviously so within the limits of a few hundred) are there any beginner tips you have so like any stable companies, what to use to invest and what type of companies etc
Cheers