I would guess that the average family not only does not have access to the necessary data to analyze the value of a listed company, they also don’t have the skills to do it. So owning 40/50 stocks means they won’t do better than average on winners and losers. I have a simple formula. I only buy a stock if I love the product they make or the service they provide. If the company passes that test I read up on what’s happening in their business sector. Are they doing well or under threat ftom copycat companies and cheaper foreign imports. If their business looks solid I check the percentage of dividends they pay. If you invest in the stock market only to get a big windfall you will lose.
Investing in mutual funds offers a structured and diversified approach to building wealth, managed by professional fund managers. While there are costs and some limitations, the benefits of diversification, professional management, and ease of access make mutual funds a popular choice for achieving a variety of financial goals.
Exactly, I used to doubt the value of a financial advisor until my wife's company assigned her an investment adviser in 2020. Honestly, it’s been the best financial decision I’ve made. It helped tremendously; I went from barely making any profit to having a well-diversified portfolio that has grown significantly, with gains exceeding $850k.
Finding financial advisors like Rebecca Nassar Dunne who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Well... NO. Imagine that you buy pasta for 50c. Then one day there is a new brand next to it and it costs 49c. Of course, you'll buy it to try it once. I mean the risk is negligible - you lose 49c in the worst case. And if the product is better, then you will keep on buying 49c pasta instead of the previous 50c brand. And if the 49c pasta is actually even "slightly better", then you've got a better product for the cheaper price, of course you'll buy a 49c pasta further on. Heck, even if the 49c pasta is just slightly worse, you'll still buy it, if it’s not too much worse to justify 1c. With 1c it might be not as apparent, but with $1,000 difference, of course you'll buy something that's a little bit worse, but saves you $1,000, because you can spent it on many other things to make your life better.
A rich life which gives you a little bit of time and work-life balance costs you financial independence because it'll be low paying. Tough choices to make. Keep in mind, investing provides a jumpstart to financial freedom. At 34, I already have a $6m portfolio.
Varied sources of income is wise and especially living within your means. My net worth is $2M and I can pay my bills with no stress, but I don't live like I have that. I have no complaints.
Accurate asset allocation is crucial, and some individuals use hedging strategies or allocate part of their portfoli0 to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay financially secure for over five years, yielding nearly $1 million in returns on investments.
There are many independent advisors to choose from. But I work with "Melissa Elise Robinson" i and we've been working together for almost four years and she's fantastic. You could pursue her if she meets your requirements. I agree with her.
Thank you for sharing, I must say, Melissa appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled
Sure there are a lot of people just aspiring for money/status like he says, but even if you come about the "right" way having a solution to an urgent problem, the degree to which you pursue and execute is without a doubt motivated by material gain, and for the smart people who can stomach it, more is better, pretty much turns into the same thing the "fake" entrepreneurs want except they can "actualize" it.
Может кто-то помочь с переводом 5000,00 USDT с кошелька BitGet на Binance? У меня есть только seed фраза: scrub know faith win siren become slot notice chuckle shift few extra. Больше ничего не знаю.
I have 3 STEM Degrees and underemployed. The biggest regret was taking student loans. The knowledge I gained was one of the greatest achievement I have done. My engineering studies proves the most valuable and I apply some of those concepts to my everyday life. For example, I never have to take my car in for any repairs. My medical degree proved to be the most useless. I mean it still helps me to diagnose myself but I can't prescribe meds for myself so I need to see someone that could, so I still have to pay out of pocket expenses.
ok the man who is the person people literally use as the guy....Marx is the easiest to destroy and make the entire ideology crumble like a tower of cards... Marx and EVERY SOCIALIST advocate on earths argument against capitalism is the Pareto Principle....THAT IS 100% the argument......but NONE OF THEM OR MARX SEE IT... Pareto principle applies to communism, capitalism, and socialism too kid....only difference is in communism or socialism the top 20% of the Pareto principle are government workers....not people selling a good or service to willing customers.... AN ARGUMENT AGAINST CAPITLISM IS INHERENTLY AN ARGUMENT AGAINST FREEDOM
Basically a real trader doesn’t gamble, a gambler will get in a casino and say all in red for example… most of them excluding professionals who invest their time and have proper risk management but u get where am going
When you choose to save monies in the company. You all not the same goal. Some of you concern the price. Some of you concern the market cap and some of you concern the volume. While Warren said everything no worry but he the one gather all of your saving
Thank you so much for this amazing video! I have a quick question: My OKX wallet holds some USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). How can I transfer them to Binance?
Warren buffett has never produced a damn thing. He just leeches off of the productive work and value of his serfs underneath his legally protected boot. Smart man yes but a parasite nonetheless at the end of the day
Investing in Roth IRA can be a good choice since they are funded with after tax dollars, your contributions can grow tax-free over time. When you withdraw money from your Roth IRA in retirement, you won’t have to pay tax on it, which will help you keep more of your hard-earned money. I retired with 5 million dollars
If you’re new to investing or have a more complex financial situation, It can be helpful to work with a financial advisor who can provide personalized guidance and help you make informed investment decisions.
On the contrary, even if you’re not skilled, it is still possible to hire one. I am a project manager and my personal port-folio of approximately $750k took a big hit in April due to the crash. I quickly got in touch with a financial-planner that devised a defensive strategy to protect and profit from my port-folio this red season. I’ve made over $150k since then
“Rebecca Nassar Dunne”’ is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
The dude was genius. He was making ML models to predict the market 50 years ago.Most people have never heard of ML until ChatGPT came out and it became a buzzword.
The same guy that is telling “options a weapons of mass distraction “ while selling naked put options ……… after maybe 88 this guy became the central bank and political mascot…. A true hypocrite and demagogue to the bones
