8 Beginner Investing Mistakes I'll Never Make Again (After 10 Years of Experience)

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This is how I would build a stock portfolio if I could start all over again!

There are 8 key tips that we go over in this video. Enjoy and comment below your favorite tip.

FREE STOCKS:
💸 SoFi Checking & Savings: Get up to 4.20% APY, pay no account fees and earn $250

RESOURCES:

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Timestamps:
0:00 - Intro
0:18 - Starting a Roth Earlier
2:02 - Matching Holdings to Risk Profile
5:30 - Find Your Investing Style
7:04 - Which Account is Best
8:39 - Contribute More to Retirement
10:19 - Find Low Fee Funds
11:14 - Diversification Opinions
13:36 - Resource Matrix

PS: I am not a current Financial Advisor, any investment commentary are my opinions only. Some of the links in this description are affiliate links that I do receive a commission for & they help support the channel!
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Hey all! Really proud of this video, if you enjoyed it make sure to leave a comment and also scroll back up right now and subscribe.

Seriously. I see you.

Scroll up.

Subscribe.

Do it.

humphrey
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Net worth truly snowballs after $100k!  Keep investing regularly and you'll be blown away how much it can change in a few short years.  Here's to $1 million and to FIRE!

Kenneth
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I admire your dedication to educating your audience. We all aim for financial stability and a better life. Achieving this is possible through wise investments, frugal living, and careful budgeting. I'm grateful that I learned the importance of working hard for financial freedom at a young age.

HugoBergmann-lund
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I started investing in stocks at 18, grew portfolio to $600k by 33. Recently, lost over 30% and want to mitigate risks. Also, planning to buy a home soon and want portfolio to grow. What should I do?

MasonKalair
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If I can start over, it will be QQQ 25% SCHD 25%, VOO / FXAIX 40% & individual stocks 10%

kurniawanms
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Always appreciate your videos, you're like the smart investing dad that I never had. Always good advice when it comes to financial literacy.

pianomangabe
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Investing in alternative income streams that are independent of the government should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. Stocks, gold, silver, and virtual currencies are still attractive investments at the moment.

dylanmoris
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Great video, I just started my first Roth IRA yesterday(I’m 27), using this knowledge going forward. Thank you

CaptainFrandy
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100% VOO and chill. Good luck beating it

TheTurdballs
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This was really good! Thank you very much!

ongaga
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I made the same first mistake, and started at the same time although i'm not sure most people would even be able to max it out or come close to it from 18-24 bc of school
I've been maxing it out and putting it in safe investments since i started. great video humphrey, this is education that they don't teach in school unfortunately (at least my school)

linksdf
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“There’s more and more of a concern that incoming data is revealing that the Fed might be a little bit behind the curve than maybe they expected heading into this year, ” said Bipan Rai, North America head of FX strategy at CIBC Capital Markets in Toronto. In my portfolio, I'm noticing more red than green. How are other people in this market raking in over $350k gains within months

benjamindavidson
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My mistake was investing in a Target Date fund in my 401k instead of just going Large Cap. Especially after the expense ratio for the TDF increased. They always say diversify but when you're young and have decades left to retire you should be as aggressive as you can. Also, not contributing enough to my companies after-tax option and later Roth 401k.

castoner
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Good Morning Humphrey,

Thank you for this video.

TerryCollinsPLifestyle
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Awesome videos. Greatly appreciated. Thank you.

wangchuktsering
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That’s a great point in tip #5: I like to recommend 20% and that is with total contributions across the board.

TerryCollinsPLifestyle
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Well put together video @humphrey! I recently changed my investment strategy in order to reduce (over)diversification while becoming more active in hand picking my portfolio. What gave me a boost in funding was doing a few trustee-to-trustee transfers from old 401(k) accounts to a separate Rollover IRA

kevinadedokun
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I’ve thrown a couple hundred bucks at a few different stocks (through my Fidelity account), but I’ve never really studied the stock market… nor do I really know where to start. I’m 36 now, so not exactly a young buck 😬… but this is the type of video that I really needed to see. Thanks man 👍🏻

coryjohnson
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Outstanding advice. Totally agree with everything you said!

dwalker
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15-20 years is considered close to retirement? Making me feel old haha. Another great video thank you

redrad