8 Simple Steps to Start Investing [Investing for Beginners]

By the time you finish this video, you WILL be ready to start investing. 🏁 I’m answering eight of the most common questions for how to invest in a step-by-step investing tutorial for beginners. Even if you’ve already started investing, this video will make sure you have the basics you need for higher returns.

I did a poll last year of the community and found that one-in-five had not started investing yet. That changes with this video! I’m going to give you a step-by-step on how to invest by answering every question along the way. By the time you finish the video, you’ll know how to start investing and be ready to make your money work for you.

We’ll start with how much to invest and how to set your goals. You can start investing with any amount on most websites. I’ll show you a strategy to start investing with $150 a month towards the end of the video but if you can only invest small amounts per month, do that. The important point is to get started investing in stocks and create that habit.

I’ll then show you how to get your personal finances ready to invest. We’ll talk about creating an emergency fund that doesn’t keep you saving forever. I’ll also show you which stocks to buy and share my favorite investing strategy.

Next, I’ll reveal the investing platforms I use and what to look for when you decide. I’ve got three criteria I look for in a stock investing website that will save you money and make it easy to invest.

I’m running out of space here so make sure you watch the video. I want to be a force for change in your life and I want you to start investing now!

Watch these Videos Next for More Detail on How to Invest!

0:00 How to Start Investing
1:10 How much to invest
2:45 Getting ready to invest
4:48 How to know which stocks to buy
7:00 Where to buy stocks
8:35 How to start a portfolio
10:05 How to buy a stock
11:50 How many stocks to own
12:54 How to know when to sell
14:25 A step-by-step strategy to start investing for $3,000 monthly income from your investments!
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My Investing Recommendations 📈

Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through debt payoff strategies, investing and ways to save more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.

[stjepanhauser]

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 $260K for sometime now, my major challenge is not knowing the best entry and exit strategies... I would greatly appreciate any suggestions.

[Kimu]

"Mindset" was my biggest obstacle. Once I began, it became a habit worthy being addicted to. Thanks for this episode.

[manuelazac]

hi im new on here, I am planning to invest but I want to learn how to invest first. I love the video thank you so much.

[blakefisher]

Just started investing september 1st and I dont regret it.. currently able to invest 50 to 70 percent of my monthly income! I'm excited for the future, especially as I plan on closing my first house in 2021 !!

[ssoffshore]

He's 100% spot on with everything he said. I did basically what he said, before I was 50 I had over a million dollars from doing only this. Young people should all be doing this. Also take advantage of tax sheltered accounts, like 401K and IRA's. Dollar cost averaging is smart. Another good tip is to try to invest more when the markets are down, like during recessions or depressions... it might be tough to do, but you'll be that much further ahead later.

[Hollisterhomestead]

Biggest obstacle for a small buisness owner is the unexpected debt. When turmoil hits, it always too easy to liquidate investments. Once I figure out how to wade through those tides, look out bc I'll be ready to run. Thanks in part to people who donate time to good & informative video feeds like this one. Thanks again.

[harryvera]

Found this video 4 days after I started investing. I just love how he explained things with so much ease. The only question I'm asking myself right now is why I didn't start investing earlier.... and I am definitely subscribing right now

[laurab]

Thank you! I am a single mom who is finally able to start over and invest small now...but can't wait to invest BIG. I would love go see how people budget for long term and short term savings/investments. I have a super long way to go. Think I will start really small while I learn. 💙💜

[taddvinson]

"Habits can be the best of servants, or the worst of masters" -Nathanael Emmons

[lugeneparker]

This is great advice. im new to this as well but ive started and thats what counts. Was reading the comments and saw some people confused on how to start. This was the reply i left to someone in the comments.

Step 1: get a brokerage account that will allow you to do fractional investing, dividend reinvestment and commission free trading.

Step 2: Figure out how much you will start funding your account with every month. As soon as you post that money to your brokerage account pull up the stocks he suggest.

Step 3: Go to 5:27 in the video. He gives you an example of ETF's to invest your money in. Use the ticker symbols he gives in the video and punch them in on your investing platform to pull them up individually.

Step 4: Do the math and break down what he's doing based off of what you are investing. If its only $150 a month then divide that by the % he suggest at 5:27. So for example, that (NOBL) Dividend Aristocrat ETF you want to take 25% of the $150 you put into your account every month and buy NOBL. For NOBL and MGK he suggest 25% each. that would be roughly $37 dollars worth of stock for each for the month. Heres where fractional shares come in. For NOBL the current price to buy a whole share comes to $91.70 atm.

But thats more than the $37 dollars that you are putting in. If the brokerage account allows fractional buying then you can put decimal numbers to buy a portion of the share instead of the whole thing. so to do around 37 dollars you would have to put in .4 in the buy column for the share instead of 1. This is only for NOBL. You will have to do the math for MGK. Its currently trading at 215.29 a share. So to get $37 worth of that you would have to put in .18 a share. that will give you around 38 dollars. Now you are down to around $75 left out of the $150 you deposited. Now do the math and conversions for the other 2 ETFs as well. For BLV its currently trading around $99 a share so buy it at .1. That comes out to $10 dollars. For VNQ it comes out to .16 a share. That comes out to around $15. Its currently trading around $96.69. MAKE SURE THAT YOU HAVE DIVIDEND REINVESTMENT selected when you purchase these stocks.


Step 5: Now you have $50 dollars left to play with. You can let that sit in your account in cash till it gets bigger in amount and invest in whole shares in individual stocks of your own choosing or do the fractional investing as well with them. Stocks in companies that you know and believe in. But a little research will need to be done if you want to do that. And this guy covers it in other videos. If you plan to do more than $150 a month then adjust your math accordingly.

[gissellemendez]

Just learning as much as I can in such a small amount of time! I’m pressured at home and I just want to break my family cycle!

[Rabbimmendel]

Hi Joseph, Im following your videos for 3 months im iinvesting for 6 weeks and Im up 45%.

Thank you

[zoomzoom]

Another thing you may want to do is create a spreadsheet that tracks your net worth, income, assets, liabilities, etc. over time.
I have spreadsheets going back many years; I can see where I was, where I am and where I'm likely going financially. I track it monthly. It's also motivating as you can see the real numbers of your financial success and failures. IME.
Good luck.

[lucifers]

You look genuine, good advice, very underrated channel

[leahkiser]

This has been very helpful. I just started investing in June and it just unnerves me to think I could lose a lot of money. The satelite plan will give me more peace of mind. Thank you.

[rhess]

I started with you back in Feb. and I`m showing this to my kids because I trust your info, your easy to learn from my portfolio is living proof Im up 67% this year. Knowledge is powerful, wish I had this info 20 years ago instead of just following my 401K adviser. Thank you.

[stevekings]

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

[Bingchirringg]

My Corporals in the fleet just yelled at me about dust in my room, but you taught me investing tips and that's what a real NCO does LOL. Thanks for your service Devil Dog and thanks for the video!

[strad]

This guy is like a Dave Ramsey who actually has friends. I have been forced to budget tightly this year and it looks like my finances are about to turn around in a GREAT way! I am definitely going to be investing the excess while I continue on the budget that my wife and I have lived happily on this year! Subscribed my man!

[jakearts]

I started off with $1300 buying companies that I liked, mostly Apple and Walmart. Built a solid foundation with those 2 stocks and then over time kept slowly adding other dividend paying stocks Astrazeneca, Pfizer, Starbucks, and ATT. Some Cloud Computing and Ecommerce ETFs . My portfolio continues to meet my needs. The biggest obstacle starting out was the fear of losing money in the markets.