I like investing in close-end funds that pay monthly dividends. The trick is to hold long term and reinvest the monthly dividends plus buy more shares on a monthly basis or whenever you can afford to. This can be easily done because close-end funds are bought and sold on the stock market just like regular stock. That'd be enough to create a portfolio that would pay you between $50k to $70k in dividend income
Just because there are opportunities in the market doesn't mean you should go in blindly. To understand the potential factors that contribute to your financial growth, l'il advise you to seek the help of a professional
I've been in touch with a financial advisor ever since I started my business. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.
@@maryHenokNftbravo! I appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks.
Ensuring the protection of your capital holds greater significance than solely focusing on making money. This is primarily because once your capital is lost, the process of generating profits becomes significantly more challenging. It is comparable to the notion of "missing the train" versus the irreversible consequence of "losing your money." While there are various opportunities available, once your funds are depleted, it becomes exceedingly difficult to recover.
Wall Street advocated for quality stocks that boasted high profitability and low debt, positioning them as a form of insurance against economic uncertainties. However, these quality stocks have underperformed the S&P500 index this year. As a result, my portfolio, valued at around $200k, has experienced a decline of approximately 20%. I am seeking recommendations on how to enhance my investment returns and scale up my portfolio.
The reality is that nobody possesses absolute knowledge in the world of investing. Therefore, it is crucial to develop your own process, effectively manage risk, and remain committed to your plan, regardless of the circumstances. Additionally, it is essential to continuously learn from past mistakes and strive for improvement in order to navigate the investment landscape successfully.
I agree, which is why I find it beneficial to have an investment coach guiding my day-to-day investment decisions. They possess a skillset focused on capitalizing on both long and short positions, effectively managing risk to leverage its asymmetric upside, and employing hedging strategies to mitigate the impact of market downturns. Additionally, their access to exclusive information and in-depth analysis further enhances the potential for outperforming the market. I have been utilizing the services of an investment coach for over two years, and the results have been remarkable, with net earnings exceeding 2.8 million.
Would you be willing to provide information about the advisor who aided you? As a 39-year-old, I am eager to expand my stock portfolio and devise a retirement plan.
As an enthusiastic investor, I often consider the strategies and pathways that enable successful investors to accumulate wealth in the millions. While I have a substantial initial capital, I am unsure about the specific tactics or avenues that would enable me to achieve gains surpassing $400k, akin to those achieved by several others recently.
The strategies are tough for the everyday person. They are mainly executed successfully by professionals who have a considerable amount of skill and knowledge to execute such trades.
Several individuals minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
'Laurelyn Gross Pohlmeier' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Upon finding her full name through an internet search, I discovered her page and promptly sent an email to arrange a meeting for a conversation; I am currently waiting to hear back from her.
One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments. I'm planning to invest about $200k of my savings in stocks this year, and I hope I make profits.
You are right. The best approach I feel is to diversify investments- by spreading investments across different asset classes like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
That makes sense. I’ve been using a financial market expert for two years now and I own a six-figure diversified portfolio from investing in stocks. I want to diversify more this year, though.
I really want to get in with a financial advisor this year, especially as all markets are hitting highs. I don't want to be too optimistic and end up losing everything.
There are many independent advisors to choose from. But I work with Monica Shawn Marti 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.
I can never catch a break in the stock market. I was up by nearly $4000 but I regret not selling sooner. sometimes I think I am too impulsive and sometimes I think I'm not fast enough.the Market is too volatile.
It's frustrating to be up by nearly $4000 and then see it disappear. The stock market can be so unpredictable and volatile, it's easy to feel like you're constantly second-guessing yourself. It's tough to know when to sell and when to hold, and even tougher when you feel like you're missing out on potential gains or taking unnecessary losses. It's enough to make you want to pull your hair out! It's a constant rollercoaster of emotions and it's easy to feel like you're the only one struggling.
you're not alone in this. Many investors face the same challenges and frustrations as you do. It's just part of the game. But it's important to remember that with the right mindset and strategy, you can improve your chances of success in the market.
With my demanding job, I lack time for investment analysis. For seven years, a fiduciary has managed my portfolio, adapting to market conditions, enabling successful navigation and informed decisions. Consider a similar approach.
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Kristin Amy Rose is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 80k in stocks and made about $246k,but guess what? I put it all back and traded again and now I am rounding up close to a million
You work for 42yrs to have $2m in your retirement, Meanwhile some people are putting just $20k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life
Thanks for continuing updates I'd rather trade the stock market as it's more profitable. I make an average of $42,500 per week even though I barely trade myself.
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life
Thanks for continuing updates I'd rather trade the stock market as it's more profitable. I make an average of $42,500 per week even though I barely trade myself.
Immigrants who moved around constantly, that’s the top 10%? Got a full scholarship to a top 1% school… I know this guy isn’t an all round great guy but it’s pure insecurity to say he had everything handed to him.
I met Peter and I could barely get a question in, because I mentioned I worked in oil drilling and he could NOT stop asking me questions. Inquisitive guy and I hear Warren Buffett is the same
So you also say that Warren Buffett never worked for substantial amounts of money ever? Being an investor is real work. Nonetheless, Peter Thiel cemented himself as a legend in his field, truly a one-of-a-kind guy. Great work, highlighting Peters legendary bets.
Investing is definitely work, and it’s a lot of responsibility and risk as well. But I guess the point is that Peter never really had any earned income as a founder or executive or any of those traditional paths :)
@@LogicallyAnswered Haven't watched the video yet and have been subscribed for a fairly long time and enjoy your videos, but given the initial comment you just replied to: Given your follower count and ability to create videos that are viewed by so many, shouldn't you have proof read the script and removed that sort of comment. (Again, I haven't watched the video yet, I just caught this comment at a time that might get your opinion)
When you are surrounded by influential and wealthy people and you are smart at convincing them to part with some of their money for investments, I think there is no need to work and make money the traditional way if you know how invest them in startups. That’s what the presentation was all about.
Peter Thiel made money selling. AND YES he needed to WORK. The difference is that he worked on selling companies, whether he took them public or sold them to another company. And he knows well that it is not necessary to be the founder of a company to sell it, it is enough to have a stake in it. The same with purchasing shares of other companies, it is a way of selling parts of other companies without being the owner or founder of them. buy low, sell high. The difference is that it focused on VALUATION, not so much on the gross profit of the companies, what matters in the stock market is that the shares one owns are from a company with a good future valuation.
I had problem comprehending trading in general. I tried watching other RU-vid trading channels, but they made the concepts more complicated. I was almost giving up until when i discovered content and explain everything in detail. The videos are easy to follow
Trading on a demo account can definitely feel similar to the real market, but there are some differences. It's important to remember that trading involves risks and it's normal to face looses sometimes. One piece of advice is to start small and gradually increase your investments as you gain more experience and confidence. It might also be helpful to seek guidance from experienced traders or do some research on different trading strategies.
something you didnt mention is how peter had tons of private paypal stock in his ira and then rolled it into his roth. He paid pennies on the dollar for taxes for the back door roth converstion because paypal wasnt public so the value of stock was low. Now he has 5 billions in tax free money after paypal went public. This move saved him BILLIONs in taxes. Pay taxes low and avoid taxes on gains forever
@@alphamineronno that's just what it's called when you convert dollars from an IRA to a Roth IRA. It's completely legal and something many many people do, not just super rich people.
I've been making a lot of losses trying to make profit trading. I thought trading on a demo account is just like trading the real market. Can anyone help me out or at least advise me on what to do?
Wow. I'm a bit perplexed seeing her being mentioned here also. I didn't know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been amazing.
Well...l will advise you should stop trading on your own if you keep losing and start trading with an expert because trading with an expert is the best strategy for newbie..
Great video, I really appreciate the dedication in each video you post. Despite the dip in crypto, I still thank you for the level headed financial advice. I started crypto investment with $4,345 and since following you for few weeks now, i've gotten $18,539 in my portfolio. Thanks so much Maria Susan.
Awesome I've been hearing about Maria Susan for a long time now. Started during the pandemic here in Canada and I've heard of how accurate her signals is.. I really do appreciate hearing your advice and feel that it is genuine.
He might have worked less than others (lucky guy) but he is so smart. His book avouf startups "from zero to one" is a great reading, and the audio is available for free on RU-vid.
Great video. I'm surprised how he attracted "only" $1m in the late 1990s to start Thiel Capital Management. Of course he had little background to draw on, so investors were taking a risk, however $1m wasn't a lot and just shows how successful he was from such a modest starting point.
No, watch his documentary and you will know. It's easy to just type a comment but I don't think you can do 10% of what he did if you were in his position
Thiel's journey exemplifies the power of strategic connections and calculated risks in the entrepreneurial world. It's a testament to the importance of leveraging opportunities and forging meaningful relationships on the path to success! 🚀
The problem we have is because Most people always taught that " you only need a good job to become rich " . These billionaires are operating on a whole other playbook that many don't even know exists.
2:52 When you mention Namibia, why do you have to show that image? You are the people that give people the wrong impression of Africa. Namibia is a beautiful well-developed country. I got my Engineering degree there......
Don't mind those westerners ignoramus... everything Africa is shit for them... On a higher note Namibia has better infrastructure than most countries in Europe.... Very primitive people this western media
Oh please, have several seats, that's all you got from this video? Seriously? And I'm also an African too and don't mind because that wasn't the bone of contention
Click-baity title aside, perseverance and a stroke of luck got him where he is. But it's work. Lots of work. Evaluating startups is no easy feat, you basically play at predicting the future of a company, and that takes a lot of research and negotiation and good mgmt
This is a fabulous account and example shows that chasing Purpose, Meaning and fulfilment over just money or even a high paying job is the answer to success at insane levels.
10:41 You forgot to mention that he sheltered his Facebook in a Roth IRA....probably the most gangster Austrian economics libertarian tech bro move ever.
If you’re the guy who knows all the right people and how to create successful startups then you become indispensable to companies when they are most desperate and vulnerable
Being born rich doesn’t mean you won’t go bankrupt if you aren’t very smart or you take stupid risks. Most great fortunes are gone within 3 generations. The Vanderbilt family (Anderson Cooper) was once one of the most wealthy families in America. They figure out how to piss it all away within 3 generations.
lmao dude really tells himself Peter Thiel made 10 billion cuz his dad made 100K as a chemical engineer, brokie cope is hilarious, your dumbass wouldn't be able to make a billion even if your daddy gave you a Million, cope
I don't know that people know Lia Lorenzo that much. I have been able to climb from $10k to $56k, plan under her supervision, and her responsibility. The signs are the best to enter and exit, a very good woman.
Thank you for this here on RU-vid... I am a doctor from Houston Texas, it was recommended to me on RU-vid, and I started with $19k and accumulated $52k in a week
He actually did work mate, How do you define working eh... Peter worked to build his portfolio, he worked to maintain his contacts, what is work to you? please we need to stop hating on the 9-5 jobs society needs them...
2:00 come on man, I like your channel. But you can do better than that. Let’s not pretend that finding people with cash and recognizing companies that would be a good investment and getting those people with cash to invest takes no work. If anybody disagrees, go and try to do it. also, he couldn’t have made any money unless he was doing right by people who were investing with him so he was certainly creating value for both the investors and the businesses who received those investments.
This isn't a knock on your channel, because its great. His backstory was a bit long winded, when its more interesting the strategies he used to get rich.
I was about to say this. Palantir and Facebook have intel and defense contracts. Palantir is essentially a privatized intelligence agency. I would argue his real wealth is probably more than $10 billion ($30 billion range) lol
This video is Very Inaccurate he was one of the PayPal founders and work his ass of to build the PayPal one of the first online global payment. For 5-7 years. He started investing after he sold PayPal like Sam Altman.
How is it possible that people get Jobs Like derivates trader, when his area was law or philosophy? Or how can he study law when he studied Philosophy?
You can study anything you want before applying to law school. Most people just do business or liberal arts undergrad, so that’s kind of the norm actually. And regarding becoming a derivatives trader, I think a Stanford law degree does all the talking there. If you’re smart enough to make Stanford twice and earn a law degree, you should theoretically be smart enough to learn derivatives trading.
@@LogicallyAnswered ok thx. So You could just do an easy undergrad and law postgrad instead of a hard law undergrad and law postgrad? But peoples like him would have to learn derivates from the beginning while working Like an apprentice?
The uncomfortable truth is that getting a job like that mostly takes raw IQ and a bit of discoverability and these carry much more weight than what specific major or degree one earns. In fact, some of the most heavily recruited candidates are theoretical physics students.
With the approval of bitcoin and AI ETFs, it's widely expected that the price of bitcoin will soar past $100k. I'd be remiss not to capitalize on this opportunity immediately. I'm eager to invest my $500k in cash savings, which currently languish in the face of inflation. However, I'm concerned: is it perhaps a bit late to maximize profits at this juncture?
If you're new to investing or don't have much time, it's best to get advice from an expert. Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.
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.
I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me, Marisa Michelle Litwinsky turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.
I believe he worked 100X harder than what you mean tho not manual hard work. Inventing involves tremendous mental capitals and stress plus being visionary.
My outlook on money changed when I realized someone making $300,000 can retire broke & someone making $80,000 can retire a multi-millionaire.. With the current market movement, you have $100,000 to invest. Where are you investing it?
00:01 Peter Thiel made $10 billion without traditional earned income. 01:47 Peter Thiel made $10 billion without ever working. 03:24 Peter Thiel pursued philosophy and law before venturing into finance. 04:57 Peter Thiel made a complete pivot to the finance industry. 06:41 Peter Thiel raised $1 million to establish Thiel Capital Management for venture capital investing. 08:12 Peter Thiel's compensation is performance-based, leading to significant gains with successful investments. 09:53 Peter Thiel's strategic investments led to massive success 11:36 Peter Thiel made $10 billion without ever really working Crafted by Merlin AI.
