I'm an amateur with a portfolio of 40k but it's hard for me to build confidence. I really want to hit the 100k mark soon. I want to invest another 20k over a one month span, but I want to be strategic about doing it so I can grow more and not stay stagnant. Any stock suggestions?
Not offering any particular advice, but I can assure you that it's not as hard as many people think it is. Ordinary investors lack the requisite level of diligence, so having a financial advisor on board is usually highly beneficial. In the market, this is how people generate enormous profits.
I agree. There's a lot of potential in the market. My friend introduced me to a financial advisor in 2021, and even though I was skeptical, I went on. I finally was making enough monthly dividend to quit my soulless job and pursue my dream to start a restaurant in New Jersey and still earn five figures in monthly dividends.
That's really great. I've tried doing some research myself to hire a financial advisor, but it's really overwhelming. Could you recommend who you work with, please?
I strongly believe that in the next 20 years the world will have a shortage of doctors,lawyers, engineers. Because so many people are taking different routes and "alternative" ways of making a living. Edit: I appreciate all the different opinions and ideas. I wish each and everyone of you success and health.
Colleges aren’t empty. There will still b those. What we won’t have is plumbers, mechanics who can fix the ev much less regular cars. Electricians or carpenters. Forget about it.
Many current engineers are working on AI that can probably do half the jobs that doctors, lawyers and engineers do, so would that shortage be that much of a problem?
Not true. There will be always those who value the status and security of those things. And there will always be parents, particularly immigrant parents who push their kids in that direction. It will just start to be more culturally segmented.
Crypto would have a been a more real answer in terms of the new asset being purchased by the younger investors. What he described is a very small percentage of people
Love that investing is becoming more mainstream. But you should only think about risky or concentrated investments only after you have a diversified portfolio.
i read that Nvidia provides tech for crypto mining services/blockchain transactions. Could the current crypto pump be attributed to Nvidia’s great earnings and should I hold some crypto as well, cos tbh I’m having FOMO with the current crypto price at 64k.
It’s going to be a wild year for these sectors, so you should def. invest in crypto. 60% of my portfolio is spread across tech stocks, crypto and Crypto/Gold ETFs.
Yes, my asset manager advised I spread further into mutual funds and crypto Etf and boy am I glad I did. The whole idea is: Don’t get too greedy and also to exit at the right time, so generally I do find having an adviser very helpful, because what Avg. Joe really has time to watch and comprehensively analyse the market.
Making money is action, saving money is behavior and growing money is knowledge. The basic step to acquiring wealth is figuring out your goals and plans, with the heIp of a financiaI pIanner you will gain rapid financiaI growth and enjoy the benefits of managing your finances.
FinanciaI growth was rapidly gained (gathered over 1M in 2years) through my financiaI pIanner. Got my 2nd house in May, hereby making my goaIs a reaIity.
@@carloscards713 if something is not repeatable even in the slightest then that don't look like a good way to build your whole formula around specially in case of investing
For millennials, “entrepreneur/hustler” was the cool thing in your bio. Gen z now doing “investor”.It’s just about looking smarter/richer so you can get laid easier
@@jondash2939 probably a quote inspired by joe kennedy (jfk father). He claimed he realised it was time to get out of the market when the shoe shine boy started to give him tips about stock market. It was a few weeks before the 1929 crisis
It just means people can't get rich with normal work anymore. Buying houses with a standard salary is impossible. Investing is trendy because the buying power and market is going down the drain for the new generations
This guy is literally saying that it's cool to pitch extremely speculative assets like shoes/trading cards/NFTs to teenagers... This is exactly why securities laws don't allow real firms to sell securities to children without parental oversight. Because of con artists like Gary trying to make a buck on the impulsive nature of teenagers.
@@glorytoukraine7221 Gary just likes to use big words and act like the kool uncle. Yes his successful but his also a con artist and enjoys taking advantage of others.
My mother said that my grandfather only invited Jones and wasted management ( he was a farmer in the south) . My mother taught me to invest in a company that I've done my research on, constantly updating on what's going on, and see their previous end of quarter. And I'm just 16. I'm now getting older and doing research on real estate residential and commercial. I was tempted to do the NFT stuff but i just seen like a trend eventually people are going to forget or give up on it like any other trend.
@@antonscraft and this hits the nail on the head. What people don't realise is that if everybody is rich; then nobody is. Inflation hits and wipes everything away. Like a biological reset. Only things left are tangible assets and a steady revenue to support/sustain those assets.
investors are extra cautious right now. They want to make sure they're getting a good deal given how much mortgage payments have gone up, and when they don't feel like they're getting a good deal, they're backing out, so definitely looking elsewhere is a necessity
its not that we dont want houses, its less fesible starting out compared to 20-30 yrs ago. Little investments help us understand what its like to make money from money. then eventually when a house comes in the mix ill take that anyday.
As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $745K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?
What I learned from fifa trading, is that when more people buy the same card. The value of that said drops when it is time to sell right before the panic sell. Same has happened with crypto.
I invest in gold and silver, for the most part if you continually sell you'll make a profit but if you buy and hold onto it you can lose alot, so I'm basically a precious metal dealer and it brings in revenue but not enough to be as a job
Why does everyone reference real estate when investing. It doesn’t always have to be around real estate. Matter of a fact. Real estate is just as risky as trading stocks.
I think what we will see (and what we already have started to see) is the widespread adoption of younger retail traders who don’t necessarily need thousands of dollars to get going because of apps like robin-hood. A lot of these people don’t know the basics of interpreting a companies financial health, which is why you get stupid valuations, P/E ratio’s through the roof etc. this changes a lot because it now means that for short term profit, what was the conventionally correct approach to investing for returns, may not hold true now. You could find a v undervalued company, but if everyone’s piling money into Tesla, you’re not going to get the same capital appreciation
Currently, all blockchains are just experiments. I'm from Korea and a contributor to Solana and Blockstack. NFT is not a new technology. I speak as a young developer working in the field (and also financial trader). I see a future in which people grieve.
They don’t want NFTs. He wants them to want NFTs. Because it’s a newish trend and he wants to feel as though he’s always ahead of the curve because his brand is built on prophecy.
We have a rise of people who want investor title for social rewards and not actually INVEST with LARGE MONEY but invest in things thats acts as investor n appeal to social trend which is going to make the people who capitalize of this nice LARGE MONEY
And these children are our future. This reminds me of what Graham said about Investing vs Speculation. If you want to do something fancy and cool then the world of trading and investing is not for you.
I’ve always been so cautious about investing into stocks, crypto or real estate. My biggest weakness is doubt, I’m so doubtful it’s becoming sickening, I had the opportunity to invest $450k into crypto in 2014, I was so scared that I could lose it all, because I took financial advice from the wrong people. considering the current bitcoin price today I could have had about $11,550,000 sitting in my portfolio
I can’t even remember what I spent the money on lol, I have the opportunity to invest again and I’m not wasting it. coming here to seek financial advice might be illogical but I’m receptive. Bitcoin might not be the best option at the moment, so where can I put $250k at the moment?
Yes he’s right but there’s a lot of young Investors that also go for dropshipping, stocks, real estate and, or any type of digital marking im 18 and don’t believe in any type of market like nft or bullshit like that even though I’ve tried this form of investing I don’t recommend it. stick to stocks, something that will never die out at least in our lifetimes unlike what kids are doing these days like nft’s or focusing on the trend of shoes which don’t get me wrong if it gets you money then it gets you money I just don’t believe this will last for a long time it’s a trend not a volatile trade.
Agreed however their principal seems more rushed the way gen z youngsters see things is to get rich fast and little amount of work from the comfort from their home not to say they are lazy but the majority of this generation thinks of a quick way to get rich just like many others and your right their way of getting money quick won’t last very long compared to investing in the regular stock market.
I love that you had this noted as 2022 published. You’re calling out the future again (like many times before) and it’s proof that next time you say “I said in 2022….” People can go back and see when you called it. It’s kind of awesome.😂
So I have all the original Pokémon , complete sets that I put in folders as a kid… mostly stuff I opened myself … probably should sell these to people now lol !
Everyone hating on nfts but….you do realise buying a fractional piece of real estate or digital asset (like a 1/100th share in a rookie card or apple ipod gen 1 etc.) in the ‘form of an nft’ that’s verified = ….a physically backed digital representation = …an nft
All I see is. Put money in, get money back (if done correctly) put money back in, rince repeat. Its math. You want to be rich. Keep grinding and only have whats nessecary. Obviously time is limited so spend your earnings at the end but... The richer you want to be, the higher percentage of your profit you invest
The rise of people lying to themselves and pretending they’re doing stuff that sounds important for attention is a bull market. Investors in bull sh*t.
When it’s retail investors “speculating” it’s a bad thing… when the institutions do it and cause a market crash, it’s business as usual and they get a bail out…
Social media is the dumb person’s globalization of Indo. They have ‘investor’ as they saw it on social media. Majority have no idea what it means as most wouldn’t have otherwise read the books.
Are you including the boom mic in purpose? I cant tell if this is like manufactured relatability or if they're just trying to get so much action in the shot by changing zooms that they don't think about it
Basically what he is saying is don't do what Gen Z is doing. Make a index fund and buy a small house also use your investments mostly for important stuff maybe like 5$ for candy that's fine.