Don’t Use These Seriously Bad Investment Strategies

These investing mistakes could be costing you big-time! In this episode, I'll show you three places you should never put your money. Then I'll let you know where to invest instead for ultimate long-term wealth gains.

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[michaelschiemer]

I wish i learnt most of these principles about seven years ago. A lot of people have been trapped strongly in the matrix. Sometimes 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.

[bernadofelix]

I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my inherited portfolio of about $2.5m. I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.

[tinsleyLuna]

My portfolio doesn’t just cater to dividend stocks. I hold $VFIAX (S&P 500 index fund) in my Roth IRA and $VTI (Total Stock Market ETF) in my taxable brokerage account. Two of my largest holdings. The individual dividend stock positions all complement the index holdings.

[PapiChulo-ts]

I've only made roughly 8% total, or 2% annually, from investing my $150k salary over the past four years. i want to build a good investment portfolio and have been looking at videos and doing research to be more educated. Where should i invest this for stable cashflow?

[tonysilke]

Taking early notes as to the importance of sound asset diversification and risk management It can’t be overstated. I’ve been trying to grow my portfolio of $300K for sometime now, I would greatly appreciate any other suggestions.

[PalmerWoods]

*Thank you😊 for this video, do you offer account management or have any recommendations?*

[TheDGICrab]

C'mon George. Robinhood is a fine place to invest. They even have a nice Roth IRA option. Day trading is bad, Robinhood is good. Calling the app "bad" because of the potential bad decisions a person MIGHT make with it is like calling a gun "bad" or a bottle of cough syrup "bad" because you could kill with the gun or drink the whole bottle of syrup. I'm with you on the other things though.

[KenistonKist]

I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller.

[gmen]

Bashing Robinhood while promoting some random investment place to open a savings account. 😂😂😂

There's nothing wrong with investment apps. Investing is about knowledge and having the discipline to make the right choices for you and your investment journey. These youtuber are so fake.

If you are a normal investor, what are the benefits that big big brokerage like Fidelity, Charles Schwab, or Vanguard offer that small brokerage like Robinhood or M1 don't?

Listening to youtubers like this one is the problem.

[Christensen]

You're only as good as the decisions you make today with the money you have. This time last year I considered getting into stocks without much knowledge and decided to have a consultation with a fiduciary, and it was incredibly insightful. One year and a couple of months in, and I'm almost debt free. I truly cannot stress enough how helpful experts in this field are!

[steps]

ofc he'll tell you to not use apps/services except those that sponsor him 😂

[LeahRoberts]

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Katherine Stewart.

[DeltaG]

M1’s Roth IRA is pretty nice. Fractional shares and daily investment rules make it very easy to automate and truly dollar cost average into the market

[rachelharrison]

Banks don’t make money by selling you CDs. They make money by lending out the money you deposit at a higher interest rate than the rate they are paying you.

[benjaminp]

I have Robinhood for brokerage, HYSA, and Roth IRA with 3% match. Fidelity for child's 529, custodial IRA and brokerage, self employed 401K, and HSA. I like both platforms and have had zero problems with Robinhood

[EfLuis]

M1 only has two buy windows… so you don’t day trade like robinhood. My guy doesn’t know what he is talking about.

[traviswes]

Biggest lesson i learnt in 2023 in the stock market is that nobody knows what is going to happen next, so practice some humility and employ a strategy with a long term edge.

[aaronthompson]

Most of these aren’t mistakes. Leveraged real estate is a good idea within reason. If you think real estate is volatile, aren’t mutual funds even more volatile? Diversification is key. Appropriate levels of bonds and fixed income products can be incredibly powerful to smooth out the volatility of the stock market.

[Rogerfuller-wt]

Thanks George. I got a 150K mortgage, bought 75k worth of Brett with it. YOLO from profit of 10k thanks a lot Matthew Roszak~

[victorpalmer]

From $10K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.