Agreed...index funds are a safe play. Returns are consistently better than letting bread just sit in a savings account. Fidelity is on some bullshit at the moment but that's another story.
95% psychological because fear makes you lose money. Never invest money that you need within the next 10 years. Psychologically you gotta be able to kiss that money goodbye. The more money you have the easier it is to make. Cause in your mind you don’t need it
I'll do you one better. This is the one thing i never hear anyone talk about. Don't try to invest in individual stocks, if you don't know how to value a company. If you don't know if the stock/company is cheap or expensive. Then, you are blindly investing. Luck isn't a strategy.
When I sit back and watch the "scam" comments about my cousin and just laugh, because I know he made it and is LEGIT. It's why he retired, I'm retired, and others ain't got a boss. But go off😂😂
It's real people, get in the game. I was told about BITCOIN when it was 6 racks. Invest in something, stop just consuming the latest trend and get a piece of the company. Good luck and much success. ONE
I knew him before panda. It’s good information and the price point separates those looking to get rich quick from those with some real paper that want the game. The thing about finding info online free, it’s not in chronological order. You can lose 10k so fast trying to earn and learn. If you have 2500 and want to get the market then take the free advice buy the SPY maybe Microsoft and just hold it put 100 a week until fully invested. If you have 250k setting in a 401k then the price for the class to learn how it goes is cheap because you will make it back fast.
4:52 number 5 is the most important, if y’all think you getting rich overnight and stocks your way outta poverty it doesn’t work like that it’s a long game 🤷🏾♂️
I started investing back in 2018 in Crypto and Stocks. Just putting in money I didn’t mind burning. If I made money cool if I lost it was ok because I started small. $100 a month. I started with companies that I buy from Apple, Microsoft, Google, Bitcoin, Ethereum. I eventually was able to grow my accounts just by continuing to put in on my investments consistently. I don’t invest more than $1k a month and was able to grow to well over $100k. Invest!!!! Don’t even focus on if you lose to start that’s going to happen but with patience your account will grow faster than just saving.
I just think for some reason us especially as working class or working poor black folks are afraid to take some of the extra money we have from time to time and invest in stocks or Wall Street or etc, the reason is that poor and working class black folks still have far less ( extra money) or money that we don’t use for bills, food necessities than other races of people, we typically are to afraid to spend large sums of money in investing because we always say to ourselves I’d rather save it for a rainy day or some financial issue we might run into a year later , that’s usually our attitude about Stocks, and Wall Street and etc
All he did was list his portfolio to get those who dont understand to fomo buy in. Yes long term investing is good but not for those who need to pay bills today.
It's not super difficult, but it's definitely not as easy as he makes it seem. There is a fair amount of research involved. Knowing what to buy, when to buy, how much to buy. When to get out. Playing the long game isn't always an instant recipe for success. Investing and playing the stock market is equivalent to gambling. Just like gambling, only invest what you're willing to lose.
This is actually not true, investing is easy when you stick to broad etfs or mutual funds. Its gambling when you try an choose individual companies to invest in.
You honestly can’t be an investor if you say it’s like gambling. If you really know that playing the long game is real, you’d know that if you invest in the S&P over 20 years, there’s had been no period in history where you’d loose money.
Ian Dunlap is a grifter. He'll rope you in with the common sense than take advantage of your hunger for more. Take the free game. Ignore what he charges for.
@@SuperSavageSpirit by all means take the free advice. If people use that as a base to learn that's cool. I'm just saying don't pay for the courses. That's how they get you. I used to be a big fan of EYL back when they first started but that whole crew got corrupted by greed.
You a goofy with accountability problems! The fact that this successful brother shares at all should stop any hate but here you are ! & I was a customer and Ima helluva investor from what he teaches
Ima keep a buck ... what he said is a great starting point but within a year???? Nah son son ... u gotta be investing like he said that whole 70K ... with 30K u can avg i think like 5K a month just off of weekly and monthly Dividend plays. But ur better off no cap to just dump as much as u can into a Dividend stock with a low P/E and consistency and during the rest of the year read as many books as u can find about Macros and Industrial/Sector Investing from mfn Mutual Funds ETFs to Corp Bonds and Futures ... build passive income with a side hustle or something on ebay. Cus ima tell u right now he called it "gambling" but its called over trading and its basically taking on trades being a trader of a bunch of stocks chasing wins on options and future contracts cus THATS how ur going make ur money frfr is selling option contracts of High Volatility sectors. Once you understand that ull be in the know
Warren Buffett said 95% of people shouldn’t be traders, but instead invest in the market long term. With 30k you will not get a return of 5k/monthly off dividends. That’s equivalent of 60k/annually. If you can show me where anyone is making 100% off dividends, point me in that direction lol
@isiahnelsoniv people net more than over 20% on divi investing. RU-vid it for yourself to get urself up to speed. There's ppl on here with like over 120% returns YoY. U have to research for yourself and understand the jargon. Warran Buffet sells options and dumps his profits into blue chips. So he'll sell for 500ml in high yield bonds take that dump it into Bank of America and sell option contracts on top of that. His trades are small in scale because his 20% would be like a bill of his company's market cap.
But they aren’t letting anybody in the ground floor meaning a percentage of ownership, investing in the stock isn’t the same and you’re behind by then… Those that invested $100k on the ground floor are millionaires now so that’s the problem…
You can still come up though, with that type of mindset you’re not going to win in anything. I got into INVIDIA late and my stock got me up 8k. I’m not a millionaire but I’m getting there.
@@oppsrunning exactly. Our people act like making an extra few thousand isn't worth doing. Complaining about the opportunities you can't take advantage of is a sure way to miss out on the ones you can.
@@OlcurtyB yeah unfortunately our people still got a lot of work to do. But I was the same way until I started getting knowledge on finance. I’m in tech sales so once I started seeing investing in my 401K. I’ve been hooked ever since
The problem is being under invested, of course being in before a company goes public is great, it’s also riskier. Or you can simply invest in the top companies and get great returns on your money
Math about to get into the wrong side of RU-vid. These dudes have multiple scammers on there channel. I hope Math don't encourage to go follow these guys
@Lenasevilla-yb4ei bro has had multiple scammers on his show and you calling me jealous. Really shows where you at. You can't know as much as you think if you keep letting people on your show that scam people l
He’s giving guidelines to investment, it’s up to you to save but most importantly DO YOUR OWN RESEARCH into what you’re investing in…..the stock market is risky yes but it is also profitable there’s no scam about it
I deserve to be happy I deserve to be rich I deserve to be wealthy I deserve to be free Checking into the market I am a wise and patient investor #redpandasniper 🔴🐼
