Biggest lesson i learnt in 2022 in the stock market is that nobody knows what is going to happen next, so practice some humility and follow a strategy with a long term edge.

@Kim.beneteau

8 ай бұрын

Nobody knows anything; You need to create your own process, manage risk, and stick to the plan, through thick or thin, While also continuously learning from mistakes and improving.

@Sarah.barnet

8 ай бұрын

A weak dollar can signal an economic downturn, making me to ponder on what are the best possible ways to hedge against inflation, and I've overheard people say inflation is a money-eater thus worried about my savings around $200k.

@hunter-bourke21

8 ай бұрын

Uncertainty... it took me 5 years to stop trying to predict what bout to happen in market based on charts studying, cause you never know. not having a mentor cost me 5 years of pain I learn to go we’re the market is wanting to go and keep it simple with discipline.

@rebecca_burns14

8 ай бұрын

@@hunter-bourke21 I’m in dire need of guidance so i can salvage my portfolio due to the massive dips and come up with better strategies. How can I reach this advisor?

@hunter-bourke21

8 ай бұрын

The one effective technique I'm confident nobody admits to using, is staying in touch with a Financial -Advisor. Based on firsthand encounter, I can say for certain their skillsets are topnotch, I've raised over $700k since 2017. Just bought my 3rd property for rental. Credit to *Camille Alicia Garcia* my Fin-Advisor.

Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. A trader made over $350k in this recession influenced market.

@MargaretMargaretKarjala

8 ай бұрын

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.

@KatyMccullars

8 ай бұрын

The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.

@mark75700

8 ай бұрын

Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with this person.

@KatyMccullars

8 ай бұрын

My advisor is Stephanie Kopp Meeks highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

@mark75700

8 ай бұрын

I am going to look her up, I have about $81k i want to start with, might be small but it's better than nothing though. Since the 08 crash is playing out again.

Have you made any of these mistakes?

@loganerb3952

Жыл бұрын

Of course! I think the best advice I got to start was take 100 dollars and play around… keep watching videos, keep leaning and figure out the best strategy for yourself! That was the times when I tried to time markets, invest in things I didn’t fully understand (bitcoin) but because of that I am much better off and understand so much more than I did when I first started! That 100 dollar cap saved me so much money! Until I figured out index, passive investing!

Thanks for sharing! Good examples💴💲💰

Great, educational and motivating video as always

Thank you for sharing your insights and recommendations. Its great to explore various investment options, especially well-known companies like Cannafarm Ltd that are gaining popularity. Adding different ventures to our portfolio can help reduce risks in

I recommend for starting out to simply buy into the S&P 500 index fund.

Thanks!

@ChrisInvests

Жыл бұрын

Thanks for watching!

Nice video Chris

@ChrisInvests

Жыл бұрын

Thanks for watching!

The investing game can be as complex as one makes it, but for most people who want to invest & go about their life, throwing consistent money in a SP500 index fund is the way to go. If you want the interest earned to be more than the principal invested, then time is your enemy. Start ASAP.

@craigjames499

Жыл бұрын

Spot on

What bonds you recommend to invest into? Great advice btw! Keep going!

@iamjacquesbarjon

Жыл бұрын

BND

@graywilliams_77.

Жыл бұрын

@walter_brown413 Within various industries, there exist numerous intriguing stocks that you may choose to track. It is important to note that you do not need to act upon every forecast. Therefore, I would recommend working alongside a financial advisor who can assist you in determining the optimal moments to buy and sell the shares or ETFs you are interested in acquiring.

@graywilliams_77.

Жыл бұрын

@walter_brown413 I am currently in contact with ROCH DUNGCA-SCHREIBER .She has an online presence, so you can easily find more information about her by conducting a simple search.

@Nolaman70

Жыл бұрын

👆👆👆👆👆 SCAMMERS ☝️☝️☝️☝️☝️

Thank you for sharing! Very good video! I would like to thank Mr. Dan Price for his strategy to lead me out of the poverty swamp.

@Martin-Combs123

Жыл бұрын

Wow, I'm surprised you mentioned and recommended Dan Price, he's very skillful in trading. I still follow his guidance.

@JoStewart-pr9kb

Жыл бұрын

Since I invested $7,000 with Mr. Price, I now have $29,450 in my portfolio and the returns continue to grow. Honestly, I want to quit my job and focus more on his trading.

@AllenTatum-rs2nd

Жыл бұрын

Can you tell me how I can maximize the benefits of my trading?

@mdalalsorkar8051

Жыл бұрын

@@AllenTatum-rs2nd Know when to put money in and when to take it out, watch great trading videos, be consistent and you will be successful!

@mdalalsorkar8051

Жыл бұрын

@@AllenTatum-rs2nd For those who need a broker recommendation, I suggest Dan Price C FA

Who makes your thumbnails

My investment strategy: Write a trading bot with a positive win-rate and appropriate risk-management.

@iamjacquesbarjon

Жыл бұрын

Good luck.

@gabe_0x

Жыл бұрын

@@iamjacquesbarjon made $200 last week 😊

That first bit of advice about doing a lot of research to pick stocks is a waste of time. A few diversified index funds and automated, regular contributions will make better use of your time.

@ChrisInvests

Жыл бұрын

Interesting perspective

@chemquests

Жыл бұрын

@@ChrisInvests thanks. Of course you’re right in principle but average people only need a couple simple steps to dramatically change their performance (given average people are doing pretty terrible). Avoiding dumb things like 401k loans will have a bigger impact than balance sheet analysis. BTW, enjoy your content!

@ChrisInvests

Жыл бұрын

@@chemquests Thanks, what steps are you referring to?

@chemquests

Жыл бұрын

@@ChrisInvests the simple steps of investing for a beginner is to play the long game with cheap index funds diversified among different asset classes and contribute regularly in an automated fashion(buying the dips instead of pulling out). Avoid dumb mistakes (timing market, cashing out 401k when leaving a job, whole life, carrying credit card debt) and just give it time. The simple steps for personal finance more generally are sometimes referred to as the order of operations, but the steps of emergency fund, payoff high interest debt, employer match on 401k, fund Roth IRA, max retirement accounts, build brokerage bridge account, etc. It seems most people don’t invest properly because they either are running from the fear of complexity or are over-complicating it with bad ideas, like certain insurance products or too much leverage. I know you know this stuff; I just didn’t have a quick reference for the steps I had in mind.

Widely publicized advice about managing a portfolio well is to: Diversify to eliminate unsystematic risk. Keep expenses low. Pay attention to taxes. Picking stocks: If you think about it, anyone picking stocks for his portfolio is essentially saying that he can do a better job selecting stocks than the managers of actively managed mutual funds. That seems unlikely; and by the way, three-quarters or more of the managers of actively managed mutual funds do not outperform their index, which, if you think about it, is exactly what you are paying them to do. Picking managers: One can pick a mutual fund manager that has outperformed the market. The problem is that managers do not *consistently* outperform the market. The ones that were in the top quartile last year are often in the bottom quartile in a couple of years. Picking the time to buy and sell: Question: What is it that causes stock prices to move in the market? Answer: News about the stock. Question: Can anyone predict news about the stock? Answer: No. You now know everything you need to know about picking stocks, picking actively managed mutual funds, and market timing. If you still feel compelled to pick something, pick another video of Chris’ to watch. The obvious investing solution is broad-based, low-expense index funds. They don’t get coverage in financial [porn] media because you cannot keep an audience by talking about them. (“Happy New Year, Bob! How did actively managed mutual funds do against index funds last year?” “Happy New Year to you too, Mary! Last year, actively managed mutual funds again got shellacked by index funds. Over three-quarters of them underperformed the market, just like every year before.” “Well, there you have it, folks. Tune in next year for an updated report. We’ll fill the rest of our time with cat videos. That’s probably why you’re watching anyway.”) Broad-based, low-expense index funds also satisfy all three of the points above about managing a portfolio well; since they do very little selling of stock, there is much less tax consequence even if the funds are not held in a tax-advantaged account. Warren Buffet agrees with me. Warren Buffett is arguably the greatest stock picker that the United States has ever produced, and he says that people should buy index funds. Who am I to argue with Mr. Buffet? Yes, if you invest using index funds, you’ll make a few basis points a year less than the index, but that’s more than enough to do the job. Hot tips There are over 16,000 portfolio managers in the U.S. If you’ve heard a “hot tip” about a stock, they’ve heard it too, as well as a lot of other information that you don’t know about. All the information that is known about a stock is priced into its current market value. For a “hot tip” to be real, it would have to be corporate news or information that has not yet been made public and which could also have an impact on a company’s share price, also known as “material inside information.” Conduct a Google search on “trade stock using material inside information” and ask yourself whether you want to use that information.