Investing Mistakes the RICH Don’t Make

15 Investing Mistakes the Ultra Wealthy Don’t Make

Purchase shares in great masterpieces from artists like Pablo Picasso, Banksy, Andy Warhol, and more. :art:

What mistakes the rich don't make when investing?
What are the most common mistakes new investors make?
What mistakes you should never do investing?
What kind of mistakes rich people never make?
What mistakes can make you poor if you are rich?
What are the top mistakes new investors make?

_________
00:00 - Intro
00:28 - Being emotional
about money
01:24 - Trying to time the market
02:36 - Short term bets, trades
and short term thinking
04:09 - Being cash poor
05:28 - Putting all your eggs
into one basket
09:20 - Spreading yourself too thin
10:54 - Investing in something just because X invested in it
12:49 - Investing in things they
don’t understand
13:38 - Failing to rebalance a personal portfolio
15:41 - Panic selling
18:25 - Investing based on what’s
on the news, newsletters or forums
19:20 - Not taking out profits
20:41 - Constantly checking
your investments
21:18 - Going YOLO
22:00 - Thinking
"this time is different"

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[alux]

Hello Aluxers, what's the most expensive mistake you've ever made?

[Nernst]

Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I’ve been trying to grow my portfolio of $160K for sometime now, my major challenge is not knowing the best entry and exit strategie;s ... I would greatly appreciate any suggestions

[zkmpdik]

Yes stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.

[andrew.alonzo]

Recession is often the result of external factors, and it appears that the United States is losing its grip as a federal reserve currency. With a decreasing ability to control inflation and a reduction in stocks and oil trading, it seems that a new multilateral world order is on the horizon.

[jaxonmichael]

During a bear market, the headlines will focus on negative news, whether it's declining economic growth, geopolitical upheaval, cultural and legal turmoil, or some combination of all three. I listened to a podcast of someone that grew his reserve from $120k to almost $460k during this Red season, can you share tips on how to make such aggressive proceeds in short periods?..

[GillerHeston]

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.

[janellejacob]

I'm not in any event kidding when I say that the market crash and high inflation have me really stressed out and worried about retirement. I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it, Investing is a long-term game, so I try to focus on the long term.

[dianarabbanii]

Tesla stock dipped severally, resulting to about 23% drop in the shares value this month. I seriously need suggestions on how to diversify my $400k portfolio made up of volatile TSLA.

[bettysandra]

Thank you for this wonderful video! I have incurred so much losses trading on my own....I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong?

[GVChannel]

Investing looks more risky nowadays ❤!

[sophiamoore]

When you follow the steps below, you attain financial independence.

[Roneezy]

Balance. I always make it to the end. Let’s go Alux

[Mathew-bpbm]

Millionaires are made in crash, so the more stocks drop, the more I buy, in the meanwhile I'm just focused on making better investments and earning more, apparently there are strategies to 3x gains in this present market cos I read of someone that pulled a profit of $350k within 2months, and it would really help if you could make a video covering these strategies.

[watsonkashala]

00:00 - Intro
00:28 - Being emotional
about money
01:24 - Trying to time the market
02:36 - Short term bets, trades
and short term thinking
04:09 - Being cash poor
05:28 - Putting all your eggs
into one basket
09:20 - Spreading yourself too thin
10:54 - Investing in something just because X invested in it
12:49 - Investing in things they
don’t understand
13:38 - Failing to rebalance a personal portfolio
15:41 - Panic selling
18:25 - Investing based on what’s
on the news, newsletters or forums
19:20 - Not taking out profits
20:41 - Constantly checking
your investments
21:18 - Going YOLO
22:00 - Thinking
"this time is different"

[johnlennon]

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.

[omotayosatuyi]

As an 18 year old about to start investing it makes me so sad that most of American don’t know the power of investing it’s one of the raised if not the easiest way to make money

[MrTallman]

I don't expect to get a reply but I certainly need one. Unfortunately, I was one of those that didn't know how money works in my 20's and 30s. I was wondering, is 40 years of age too late to invest in the S&p 500 through fidelity? Or should I be looking at other long-term investments?

[TopBizTV]

This is some goood habits 💯 reminds me of the lessons i learned in rich dad poor dad

[mr.]

I'm the first to comment! LOVE ❤️ you ALUX!!! GREAT mental motivation and life advice! Loyal follower from the jump! 👍🏿

[walter.dlawson]

I always keep the majority in ETFs that cover multiple sectors. Then have a couple stocks picked out that you feel personally attached to or interested in. That way you can mitigate a lot of the risk but also have a personal touch to your portfolio. I feel this reduces some of the emotional downsides or disinterest people have with investing. Also helps with the urge to constantly buy/sell with fluxes in the market. At this point I'm grateful I have an adviser, Susan Kay Mack . Credits to her, it has been a year and half of steady growth