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The Intelligent Investor’s Road to $1,000,000 

The Swedish Investor
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For my private stock portfolio & revealing insights into my investment strategy, head over to: / theswedishinvestor
At the age of 43, Tom retired from his 9-5 at Ford Motor through a combined effort of savings and stock market investments, although, on the day when he graduated college, he didn't have a penny to his name.
Tom reached $1,000,000 and quit his 9-5 to live off his investments before his 44th birthday. More than half of that money came from returns in the stock market, and his investments helped him reach this number 14 years earlier than his salary alone would have done. With this type of money Tom was confident that his stock market returns could cover his yearly expenses.
This is the story of Tom’s accomplishment.
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Many thanks to my friend Richard Dykes, who helped me in making this video possible.
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My main tool for fundamental screening and analysis of stocks: app.tikr.com/register?ref=tsi
(If you sign up I earn a small commission)
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Timestamps for your road to your first $1,000,000:
00:00 Intro
02:15 $0 - $20,000
07:02 $20,000 - $100,000
13:30 $100,000 - $1,000,000
20:34 $1,000,000 & beyond
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My goal with this channel is to help you make more money and improve your personal finances. How to become a millionaire? There are many ways to get there - investing in the stock market, becoming a stock trader, doing real estate investing, or why not becoming an entrepreneur? But whether you are interested in how to invest in stocks or investing strategies for creating passive income with rental properties - I hope to be able to provide you with a solution (or at least an idea) here. Warren Buffett - the greatest investor of our time - says that you should fill your mind with competing ideas and then see what makes sense to you. This channel is about filling your mind with those ideas. And in the process - upgrading your money-making toolbox.

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14 май 2024

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Комментарии : 4,2 тыс.   
@TheSwedishInvestor
@TheSwedishInvestor 9 месяцев назад
For my private stock portfolio & revealing insights into my investment strategy, head over to: www.patreon.com/TheSwedishInvestor
@BlaiseOnowhosa
@BlaiseOnowhosa 6 дней назад
I’d say at this point, you gotta have cash on the side and exposure so that you don’t completely fumble during bearish times, just to come out with nothing but buying bags too high later on. Not a financial advisor, just my two cents of advice.
@AugustoRosario22
@AugustoRosario22 6 дней назад
Yes, hiring a pro totally makes sense; competence surpasses ideas. 🔥
@BlaiseOnowhosa
@BlaiseOnowhosa 6 дней назад
I think it's especially difficult for retirees and near retirees, I know to focus on the long term but the anxiety when you're supposed to be retiring in 3years is super exhausting, I've been looking into hiring a market expert as well.
@AugustoRosario22
@AugustoRosario22 6 дней назад
I totally agree, money management is vital to early retirement, reason I prefer my day to day invt decisions being guided by a invt-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using a invt-coach for over 2years+ and I've netted over 1.5million
@BlaiseOnowhosa
@BlaiseOnowhosa 6 дней назад
Talking about coaching, do u consider anyone worthy of recommendations? I have about 150k to taste the water now that large cap stocks are at a discount... Thanks.
@AugustoRosario22
@AugustoRosario22 6 дней назад
"Lisa Ann Moberly'' turned out to be better and smarter than all the coach I ever worked with till date, I’ve never met anyone with as much conviction.
@jeff-jo6fs
@jeff-jo6fs 8 дней назад
you cant retire at 43 with a million dollars
@Stephine-un5zs
@Stephine-un5zs 3 дня назад
The market trend can turn around very quickly. In fact, the indexes often switch from a bear market to a bull market when the news is at its worst and the mood of investors is at its lowest point. I read an article of people that grossed profits up to $150k during this crash, what are the best stocks to buy now or put on a watchlist?
@Elizabeth-mh2dj
@Elizabeth-mh2dj 3 дня назад
Investors should be cautious about their exposure and be wary of new buys, especially during inflation. Such high yields in this recession is only possible under the supervision of a professional or trusted advisor.
@MablePauls
@MablePauls 3 дня назад
True, initially I wasn't quite impressed with my gains, opposed to my previous performances, I was doing so badly, figured I needed to diversify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of 550k...that's like 7times more than I average on my own.
@SirBenjamin-oq1wd
@SirBenjamin-oq1wd 3 дня назад
I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
@MablePauls
@MablePauls 3 дня назад
“Angela Lynn Shilling’’ 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.
@alk672
@alk672 9 месяцев назад
So Tom studied the markets in his spare time, and started beating the market by 4% a year every year... then he studied aerodynamics, grew wings and flew away. Started giving air taxi rides on his back for extra $100k a year.
@davidmays8974
@davidmays8974 7 месяцев назад
Lol is that what happened?
@incomplete3857
@incomplete3857 7 месяцев назад
Aye, as if beating the market is an exact science
@metasamsara
@metasamsara 5 месяцев назад
When you start researching many fields in your spare time methodically on the Internet you realize "experts" don't know shit. They follow the money, that's all there is to it. By having no superior funding your research you can actually dive in the deep end and make sense of it all much better than experts with agenda can even extrapolate if they tried through their vouched official sources and previously manipulated data from a previous money agenda. It's also getting outdated to listen to warren's advice saying you need 100k before easing off. This is for a tradfi environment but in crypto the small money investors stand a much better chance to outperform on big money with cunning, wits, research and measured risks. In tradfi a big return year would be 10-100% roi. In crypto you could easily aim for 50-1000%. that means you only need $10000 before easing off. As long as you train yourself well with little money that you can't afford to lose, it will become a lot easier to scale it with a smaller income and/or less time.
@WatchtowerGlobal
@WatchtowerGlobal 5 месяцев назад
then one day he made a comment on youtube and found steven in a public reply.
@user-vp9gi7wy3l
@user-vp9gi7wy3l 2 месяца назад
ye ok bri. you're gonna beat the world's experts and hedge funds from ur dusty basement. bruh@@metasamsara
@Andrei-dq8cd
@Andrei-dq8cd Год назад
So Tom, a mechanical engineer studied some books and consistently beat the market by a few percent (4%) each year. While most professional fund managers aren't able to beat the market long-term. I feel suggesting everyone to read a few books and do stock picking will turn many folks who listen into Stevens.
@systemloading45
@systemloading45 Год назад
I agree, but the average investor does have a huge edge, that is the size of their portfolio is small and they aren't forced to diversify like large fund managers.
@tonycrabtree3416
@tonycrabtree3416 Год назад
Well, everything on the internet is 100% true!
@dividend_spaarder
@dividend_spaarder 11 месяцев назад
@@systemloading45 thats also risk that it isnt diversified
@WinS392
@WinS392 9 месяцев назад
Yes this is dumb advice based on survivorship bias. Most people who try to pick stocks underperform the market.
@LaFonteCheVi
@LaFonteCheVi 7 месяцев назад
@@WinS392 Most of the advice in this video is solid. It is just way over optimistic.
@user-cb2lz8yy9s
@user-cb2lz8yy9s Год назад
This video breaks my heart in a way. My sister worked her way to the top in her career, literally her ass off. Dollar cost averaged her cash since she was 20; got to her $1,000,000 mark at 37 and got into a car wreck and passed away. She never got to enjoy it. I hope my brother in law uses it wisely and appreciates the hustle, grind and discipline that it took. She taught me a lot!
@NazifBey
@NazifBey Год назад
Oh man. What a heart breaking story 💔 rip to your sis. We must work hard to achieve our goals but also keep in our minds that health is wealth. Everything else comes after health
@martynBVT
@martynBVT Год назад
and to think, if she had a good life insurance policy she could have left behind another million or 2
@jakemacfitness2849
@jakemacfitness2849 Год назад
@@martynBVT bruh
@phantom8699
@phantom8699 Год назад
@@jakemacfitness2849 I mean it’s true, but insensitive but imagine if she wasn’t as successful as she was and left behind a family, freak accidents like these happen. Life insurance is important if you have people that would struggle without you
@shedontlove8490
@shedontlove8490 Год назад
And this is the reward you get for your hard work in the end - a coffin, and nothing more. This life is a fucking joke. These jobs never get you anywhere in the big picture.
@Proximax9
@Proximax9 2 года назад
All these stories always begin at the age of 20something and with a job that pays insanely good salary. They are inspirational, I agree, but I would also like to see how a 30 or 40 year old could manage with a lower salary :) obviously not as great, but it would bring some realism to these videos.
@olivedollop7363
@olivedollop7363 2 года назад
I baulked at the "save $1000 dollar a month from paycheck" part. Yeah that's not very realistic for our generation.
@Proximax9
@Proximax9 2 года назад
@@olivedollop7363 true. I could do that now that I'm 36 but definately not when I was 25 🤣 at that age I could have saved maybe 300 but I was young and wanted to do things. Serious investing started to interest me around the age of 30.
@peterstuber7456
@peterstuber7456 2 года назад
@@Proximax9 I don't mean to be contrary... But I am 22 and I can easily save 1,500 per month and I am not even high school educated. My circumstances are extraordinary, but if I had been satisfied with the ordinary when I was 18, I would not have built the business that allows me to be who I am today. I only say this for the 18 year olds out there that are being told they can't do it. If you want something badly enough, you will be shocked by what is possible.
@Proximax9
@Proximax9 2 года назад
@@peterstuber7456 Im happy you have accomplished something like this :) my own personal experience was quite different. No one talked to me about investing when I was in my 20s, but I did get into investing when I turned 30. My first idea of course was to get a monthly savings style investing schedule with a company that specializes in such things, but it turned out to be a huge scam. All they did was take 90% of the money I was supposed to get in "fees" and other payments. So I started investing on my own. Naturally with no one to guide me I had to learn everything by myself. Now Im 36 and finally doing ok with my portfolio, it's just that I feel like Im 10 years too late.
@djdesistorm
@djdesistorm 2 года назад
44 years old here and I just installed etoro on my phone, still I have no idea with the hard earned and saved 1000U$. Any pointers and suggestions are highly welcome plz 🤗🙏
@Steinchen43
@Steinchen43 Год назад
Was a reasonable video up to the "beating the market by 4%" part, which is absolutely ridiculous
@srw788
@srw788 3 месяца назад
Exactly. Which, the market average is such that being average is fine. $1k/month into S&P500 gets you to $1M 20ish years. Also, how is our seer here withdrawing and living off his investments? If he put them into a 401k for tax savings he can't really pull them out. Even then, 4% would mean he is burning down that pile of money. Healthcare costs are also a PITA not accounted for here.
@TheFourthWinchester
@TheFourthWinchester 2 месяца назад
Yeah.
@justthebrttrk
@justthebrttrk Месяц назад
@@srw788 it's pretty easy to get money out of retirement accounts early without paying penalties. There are several strategies commonly used by the FIRE crowd all the time.
@TheSpecialJ11
@TheSpecialJ11 22 дня назад
Beating the market by 4% is easy. Doing it month after month, year after year isn't possible without luck or fraud (not necessarily you defrauding people, possibly the firms you invested in doing so)
@kiwizor9962
@kiwizor9962 14 дней назад
how is it ridiculous? lol its quite easy
@turbex7963
@turbex7963 Год назад
Excellent! Im 23 years old and i already started the journey of Tom 6 months ago
@ThomasSlaney
@ThomasSlaney Год назад
20:00 is where this goes from a parable to a fantasy “Tom was able to beat the market by 4% each year by picking stocks”.
@Encryptsan
@Encryptsan Год назад
It's not that unbelievable. Tom was researching a lot about investing and knew how to look for companies which were undervalued, or which were growing faster than the general market. Heck, just look at Berkshire Hathaway, which could lose 99.3% of its value and *still* have outperformed the S&P 500 index since 1965. It's true that not a huge amount of investors outperform the market, but the point is to educate yourself well enough that you can become one of the investors who do.
@Unknown-lu2ft
@Unknown-lu2ft Год назад
Ikr, if you have a strong finance background you will know that it’s a fantasy even from the beginning when he said Tom followed Warren and picked only stocks like FANG. If the guy who made a video studied Finance as a major he would have known that Warren and his mentor (Benjamin Graham) invested active/passive with a portfolio of at least 30 stocks back in the day, now you may even consider spx 500 ETF as a passive investing way. And we, the finance people use quantitative ways to picks the stock, not like just shopping it like grocery bruh. And the guy talked about beating the market lmao. May be if Tom was lucky and bought the stocks during crisis like Coivd19 which happen once in a life time. I can’t even bear watching the whole video, then I saw your comment. Like minded!
@tetvespunci
@tetvespunci Год назад
@@Encryptsan if you think valuation of companies is what defines the market then you are in some sad realization mate.
@colinb8332
@colinb8332 Год назад
@@tetvespunci it is valuation that defines the market. The question is whether the valuations are over-valued or under-valued.
@mohin8256
@mohin8256 Год назад
yeh this isnt really something "anyone can do"
@TheJannis1994
@TheJannis1994 Год назад
So Tom is 43 today and became a learning machine at the age of 23 by listening to his favourite podcasts and youtubers. Man was really ahead of his time back in 2002 then
@raulpacheco7488
@raulpacheco7488 Год назад
xD
@mikelovesbacon
@mikelovesbacon Год назад
Yeah he was on Reddit years before it existed
@casbyness
@casbyness Год назад
He was the only person on etoro and Robinhood back in 2005. No wonder he did well. :D
@denlolsauce5140
@denlolsauce5140 Год назад
shut up
@HermanHansensk8
@HermanHansensk8 10 месяцев назад
If this is a made up story inspired by someone with a updated environment to fit the times it could be a real story. Maybe it could be a story of someone watching this video. :)
@alecc8231
@alecc8231 7 месяцев назад
Finally, I understand what 'paying yourself first' really means. It means the opposite of paying somebody else (new car, expensive vacation, new Apple phone). You also need to carefully plan how much are you going to pay yourself. And then you would treat yourself as a business, just like Ford, property owners, and Apple Inc. Basically, trying to manage your money and learn to manage your money. Or call it "Pay to your fund first" before making frivolous purchases. Or at least match each luxury purchase with investing in your fund. And if you can't afford to make a luxury purchase and simultaneously make a matching investment, then skip the purchase until you can make a matching investment to your purchase! Thank you, Swedish Investor your visual presentation clicked with me!
@factorfitness3713
@factorfitness3713 6 месяцев назад
It shouldn't be called "paying yourself" - it should be called "paying your future self."
@m15172
@m15172 6 месяцев назад
If you like that idea, you will love the book which that idea comes from: the richest man in Babylon.
@alecc8231
@alecc8231 6 месяцев назад
@@factorfitness3713 Or "Pay to your fund first" before making frivolous purchases. Or at least match each luxury purchase with investing in your fund. And if you can't afford to make a luxury purchase and simultaneously make a matching investment, then skip the purchase until you can do both! :)
@kitten-free
@kitten-free 5 месяцев назад
yeah, paying yourself 43 year old. present you pay to future you
@dominiquejasperson900
@dominiquejasperson900 8 месяцев назад
This was both entertaining and informative. Congrats!
@maryt9251
@maryt9251 2 года назад
*Its never too late to start from somewhere , I am lucky to have found this source, it’s the future*
@albertmatunda5387
@albertmatunda5387 27 дней назад
Where a you at now.
@RenixGames
@RenixGames 6 дней назад
Also curious
@Nero-pw4ui
@Nero-pw4ui 2 года назад
Mr Swedish Investor, you're simply giving so much value lessons for free..I really am so grateful to you...and I'm really happy and excited for the fact that a great lot of learning and teachings for financial freedom is compacted in this video and the practical use of gathered knowledge to reach the financial independence despite being an average earner and which proves to be so legitimate...
@marlo8456
@marlo8456 День назад
I've watched this video over 20 times...I love it! These animations help me understand much better. Keep up the great work!
@sheeshhy
@sheeshhy Год назад
Андрей стал миллионером из-за этого видео🤯
@Zhenya1499
@Zhenya1499 10 месяцев назад
Какой Андрей?
@natashagavinus1653
@natashagavinus1653 10 месяцев назад
​@@Zhenya1499он про Винди31
@user-oh3ck1rn5i
@user-oh3ck1rn5i 9 месяцев назад
ахахахаха рил, тоже из его аккаунта перешла
@christopherwilcox1
@christopherwilcox1 2 года назад
This video is more inspirational than actual “inspirational” videos for me. Such a simple message, preaching something nearly anybody is able to do to achieve extraordinary results.
@drdavinsky
@drdavinsky 2 года назад
I retired at 29. (Last year) I explain how on my page
@tonyharion9816
@tonyharion9816 2 года назад
Super true! One of may favorite swedish investor videos!
@ElvisRandomVideos
@ElvisRandomVideos 2 года назад
Ahh yes anybody can just put aside $1000 a month. Anybody with a trust fund.
@paul.l6310
@paul.l6310 2 года назад
I want to start making investments because I need a passive income and a steady income flow. I have 50k to start up, what steps do you think I should take? Can someone share me some good advice?
@alicemuller9386
@alicemuller9386 2 года назад
@@paul.l6310 I will advise you get a *manager* who will help you with the intelligent plans and ideas to achieve good returns. I work with a manger of a wealth management whose experience has been superb for me. You should give this is a try, her works has made great returns for many
@striker246810
@striker246810 2 года назад
This is one of the most well-written videos I’ve ever watched.
@tanmaychandra9434
@tanmaychandra9434 Год назад
Man this was a crazy video, I will say it is the most underrated video, I have ever saw. Please do keep posting this kind of personal finance videos.
@vallee9884
@vallee9884 5 месяцев назад
The concept of video games accidentally educating people is always super cool, love to see part 2
@guitarsoundsaround
@guitarsoundsaround Месяц назад
4:24 What does this mean, mean?
@htownrepresent4568
@htownrepresent4568 2 года назад
1 crucial detail that Tom missed out on was the fact of increased compensation from switching companies. If Tom were to switch jobs every few years, his annual compensation increase would have allowed him to put even more into the market with an ever greater amount to retire on. Regardless, Tom did well for himself.
@jonhennemann4729
@jonhennemann4729 2 года назад
That is a new trend... Most people make more staying with a company and that is why the panic when layoffs come. UPS driver of 30 years makes say 120K now, but if he left to work for FedEx or USPS he would start over at 50K.
@htownrepresent4568
@htownrepresent4568 2 года назад
@@jonhennemann4729 I should have specified the tech field. A software developer, project manager, business analyst, etc. makes much more when they explore new opportunities with other companies. I would imagine it’s similar in the field of engineering but as not certain.
@fallen546
@fallen546 2 года назад
@@htownrepresent4568 It's so strange but true in tech. The expert from afar is always seen as more valuable.
@ookuitore
@ookuitore 2 года назад
Bough a house with all my savings now 2 years later it cost 100% more
@FTBASTAR
@FTBASTAR 2 года назад
Your biggest gains in employment income come from job hopping. It's a known fact
@KaiVertigoh
@KaiVertigoh 2 года назад
Love that you formatted this information into a story with a character! One of the most entertaining finance videos I’ve watched on RU-vid so far, thank you!
@amateurbutjudgmentalfinanc5197
The amount of time creating a story, doing the animation, and doing the editing is quite impressive considering how sh*t the actual information presented is. Do more research, there is a ton of financial literacy resources out there.
@theunorthodoxinvestor
@theunorthodoxinvestor Год назад
Really cool video! There are so many real life examples of this happening and sometimes the path to $1,000,000 can happen even faster! Slow and steady will always win the race. Keep up the awesome content dude! :)
@freds8482
@freds8482 2 месяца назад
Thank you. I always coming back to this when some Tech stock provokes any FOMO in me.
@aceofbase8
@aceofbase8 2 года назад
One of the best investing videos i have seen hands down! Swedish investor you Rock!
@michaelkelly1183
@michaelkelly1183 2 года назад
Did you ever thing of how #INFLATION# is affecting the world’s economy and all its marketing sector?
@dominic210
@dominic210 2 года назад
Sadly this economic crisis means more inflation and more inflation affects the banking system. My condolences to anyone retiring this year..
@rondajefferson1287
@rondajefferson1287 2 года назад
Most amateur lose money because they are guided by emotions and hype. A good financial planner alleviates that. Everyone who thinks they can 'play' the market should realise that half of all profits made in the market are from dividend - not get rich quick deals. Very certain that this market will recover. the goal is to hopefully stay employed and to keep investing in the market which is exactly what I'm going to do. Find a way to get promoted while investing my money and staying as frugal as possible. My portfolio currently up to 20% from Q1 of 22. Buy the dip or wait...
@necholaa9267
@necholaa9267 2 года назад
@@rondajefferson1287 Great idea, exactly what I'm planning on doing now that the market is down, but I'm an amateur investor and I have no idea on stocks to buy or what assets that will yield highest potential. > you seem to be doing well yourself on this volatile market. Please how do you select stocks you invest in??.
@rondajefferson1287
@rondajefferson1287 2 года назад
@@necholaa9267 I don't do that myself I have my funds very diversified, tho I did it using copy trading system from the advisor "Charlie Laura".. you might have seen her doing some stocks analysis in the news sometime. Met h at a start up funding seminar and since then I've come to know the benefits of her copytrading strategies an aspect of algo trading methods. Her stocks pick are good...
@peerezreb7050
@peerezreb7050 2 года назад
The key to intelligent is diversification.. A diversified portfolio minimise risk while in for a long term. It allows a certain amount of high-return on investment by offsetting possible risk through more stable alternatives.
@exile9382
@exile9382 Год назад
LIBERTONCORP is young. Holding almost anything mentioned here is a good hold because the VHS or Beta will only show in time. I want to hold them early. Its sad that most dont think of these things as good future holds instead of being out of the market and bottom hunting. Are we the adopters or are we scavengers? surely one of these layer ones will become the standard and i dont want to sell any of them too early.
@S0L12D3
@S0L12D3 Год назад
Currently on my way to 20k. I have a few thousand in stocks and that was put in as the market has been dipping during this year. Constantly lowering my average price. I hope to reach 20k within 2 years and continue to invest in high value companies!
@S0L12D3
@S0L12D3 Год назад
@@isaacpimentel9747 yep, still holding. I have a target price to sell at for each of the companies I’m watching. Past few months have given some great buying chances. Hope the market stays down honestly because I’m just gonna average my share price down as much as possible.
@adamw2342
@adamw2342 Год назад
@@S0L12D3 If you have 100 shares of a company, look into selling covered calls. It helps with lowering your dollar cost averaging when done correctly.
@pokemon17007
@pokemon17007 Год назад
@@S0L12D3 Hi, here to learn. Can you share how to calculate the target price or each? Any methods we can use to achieve it? Thanks!
@S0L12D3
@S0L12D3 Год назад
@@pokemon17007 I use the s and p 500 but there are other methods that can be far more accurate. Also, simply evaluating the tendency of whatever stock you pick can show a lot about its worth. My best advice is to respect the companies you invest in. Come to understand their business and see if it has a future of success. For the math you’ll have to find other sources, but use your own intuition as well after studying the company and coming to an educated guess. Because I really numbers can lie
@leonhenry4861
@leonhenry4861 Год назад
Keep buying bro, trust me this is the best time to buy, even if you save the money, hold for a few months until it bottoms out then buy more. That’s what I’m doing. It will rally up again. Don’t try and time the market, it’s not worth it. If you have any spare cash try and also buy a rental property, it will help.
@flookaraz
@flookaraz 2 года назад
I feel like the 10% average return and tom "beating the market" was unrealistic even for this fictional scenario, but the rest of the points were fantastic. Very encouraging
@grizzy4769
@grizzy4769 2 года назад
That’s very true I mean the normal return is 7 percent but it’s not too far off.
@j.asmrgaming1228
@j.asmrgaming1228 2 года назад
since it's inception till now the average annual yield is 10.5% for the S&P 500
@jimfastenau4984
@jimfastenau4984 2 года назад
so this is a fictional story?
@grizzy4769
@grizzy4769 2 года назад
@@jimfastenau4984 lmao yes it’s not real
@Monocerus90
@Monocerus90 2 года назад
@@grizzy4769 to give you some perspective. Over 50 years: 10% returns verse 7% returns compounds into more than 400% greater. If you made $1,000,000 from 7% returns over your working life… you would have $4.1 million if you had 10% returns.
@AlphaMasti
@AlphaMasti 2 года назад
Finally something more than just 5 takeaways from a book. i really love your effort man. Thanks a bunch for your hard work to educate us
@kylezo
@kylezo Год назад
Right, this is like 6 takeaways from books at least
@amateurbutjudgmentalfinanc5197
The information presented here was garbage. There are so many better financial literacy resources out there. Do not rely on this video for advice and do more research.
@Hshjshshjsj72727
@Hshjshshjsj72727 Год назад
This is so great and brilliant I like how you made a relatable story and combined information from different books and resources 💪🏼
@Shmurlax
@Shmurlax Год назад
NICE NOW I NEED A BRAIN DAMAGED STOOPID INVESTORS GUIDE TO 1 MILLION PLZ
@THEPinballJunkie
@THEPinballJunkie 27 дней назад
Wonderful! Thanks for this production!
@speedracerxxl6269
@speedracerxxl6269 2 года назад
I’m from Detroit this was enlightening because I can relate to this story truly grateful to hear it 🙏🏽😂
@rogofos
@rogofos Год назад
while I agree with the core messaging of frugality, this video sets unreasonable expectations it is optimistic to a fault and operates on frankly ridiculous assumptions such as saving 1000$ a month while having to pay rent on an entry level position or having no student debt or never having any emergency expenses for that matter
@Akatsuu
@Akatsuu Год назад
Or assuming that anyone, with enough research, can beat the sp500 consistently. Huge hedge funds usually fail to beat the sp500 consistently. Of course you can get lucky, but 99% of people are best off throwing all their investment money in an ETF such as VOO or VTI and never looking at it for at least 25 years.
@andrewmadrid7407
@andrewmadrid7407 Год назад
Not necessarily. I'm 23 and make over 100k a year. I work long hours and have no college education it is completely doable just have to find the right starting career to get ahead.
@PasDeMD
@PasDeMD Год назад
Or consistently beating the market by stock picking...
@michaelmano7261
@michaelmano7261 Год назад
I have no issues with this video. just take away the lessons from this and ignore the savings per month and age of those savings. Invest in what you know. Only take risks when you can afford them and expect nothing back from them Save save save. Create a csv/sheet on your savings/spendings Dont spend your money when you notice you are starting to get a return. keep re investing it.
@rizekitty1484
@rizekitty1484 Год назад
Some of you people NEED everything handed to you on a silver platter bro... Just take the positive lessons from the video and adjust the algorithm to consider your current financial situation. Done.
@elikem3920
@elikem3920 5 месяцев назад
Hey this is some cool animation and great lessons! Thank you!
@pianotime_fabio
@pianotime_fabio Год назад
Heyy I definitely love your videos!! Animations work really well when it comes to teach these kind of things❤️ Thanks!!!
@henrylee8103
@henrylee8103 2 года назад
Dude… this is literal me. Graduated mechanical engineer 23 years old, started investing and I have 56k portfolio as of 26. I think I’ll hit 100k by next year and my goal is to reach 1 million and eventually financial freedom hopefully in next 10 years. I always thought this was the safest and most guaranteed way of being financially free but everyone says you have to own a business with massive cash flow. I’m very happy to see a person who had the same step I’m walking currently. Greatly appreciate this video.
@saadqayyum4739
@saadqayyum4739 2 года назад
just woundering, you got any videos or playlist I could watch to start investing, a lot of the crypto vids are fake since they are get rich quick schemes
@Scurzes
@Scurzes 2 года назад
@@saadqayyum4739 yea lmk if you find any man
@keethesh2270
@keethesh2270 2 года назад
@@saadqayyum4739 you can have a look at Max Maher, he explains lots of things
@saadqayyum4739
@saadqayyum4739 2 года назад
@@keethesh2270 yes, I just seen his stock market for beginners playing which was quiet good
@deedsofdecapitation7477
@deedsofdecapitation7477 2 года назад
@@saadqayyum4739 InTheMoney is a pretty educative source about technical aspects of the stock market and derivatives.
@bayarsaikhandavaadorj1912
@bayarsaikhandavaadorj1912 2 года назад
Clearly the time and effort you put in this video is significant. Congratulations!
@amateurbutjudgmentalfinanc5197
Too bad the actually information presented was a D- at best.
@financeoholic
@financeoholic Год назад
I love this video. The graphics help tremendously. I usually forward this video to friends who ask about investing.
@systemloading45
@systemloading45 Год назад
This channel is probably the only legit channel out there that offers financial advice, no like those supposed stock "gurus".
@Marcus-qw9sx
@Marcus-qw9sx Год назад
This video is incredible in plotting a really average investor's journey.
@Xilladan093
@Xilladan093 Год назад
Quiet u condescending clown
@remextv8877
@remextv8877 2 года назад
You’re the man! I went from $1 to 2k. My goal is 5 by end of this year. 🙏🏽
@dante2307
@dante2307 Год назад
Comments like this are the best. Small realistic growth
@tristanmoller9498
@tristanmoller9498 Год назад
Congrats man! Rooting for you!
@Natewu188
@Natewu188 Год назад
I just started 2 months ago and I went from $6k to $5k LMAOOOO, I'll dump more money into this recession though, its a discount right now. It will go up, trust!
@manavdodia5464
@manavdodia5464 Год назад
go get em dude! I'm at $1k and experimenting w the market rn. We can do dissss
@Natewu188
@Natewu188 Год назад
@@manavdodia5464 We'll be looking back at this in a few years and thinking we did it!
@PJski
@PJski Год назад
Been a fan of your channel for a long time, and although most of your videos focus on diffusing and sharing the wisdom of some of the greatest minds in investing with us - this video here, was probably the most potent of all. I hope it'll become your most successful video, and the monetization alone from it, will help fund your portfolio for years to come. Thank you for putting this together, and for your continued humility in your deliveries here on YT. Cheers!
@AlbertoCeschin
@AlbertoCeschin 7 месяцев назад
Really well made. A great synthesis
@strooterjohnson8871
@strooterjohnson8871 2 года назад
*Getting a way to make income without having to leave home isn’t exactly as easy as you all think it is , talk is cheap and it’s sure easier said than done , I have my source , and I would rather stick to that, it pays well, even my stepdad quickly*
@dvoob
@dvoob 2 года назад
Super easy these days. I was working from home 2 years out of college prior to covid. Post-covid it's even more possible.
@Excalibur2
@Excalibur2 2 года назад
Sounds like a scam
@dvoob
@dvoob 2 года назад
@@Excalibur2 I work in video production. Other industries like software development, graphic design, web development, IT support, and tons of others I can't name off the top of my head all offer high 5 to low 6 figure salaries from home once you've gained experience.
@Excalibur2
@Excalibur2 2 года назад
@@dvoob how many years? Most jobs like that require you to live in a high COL area plus a niche skillet. If it was easy, everyone would do it. Jobs that pay well do so for a reason.
@dvoob
@dvoob 2 года назад
@@Excalibur2 I've been working ~5 years in the industry, and yes, you do have to hustle in a high rent area for a couple years to gain experience, but that's why they pay so much. Don't complain about money being unattainable for you if you're not willing to LEARN a niche skillset. If you don't have a unique skillset, of course no one is going to pay you enough to retire at 45.
@sahilkushwaha5864
@sahilkushwaha5864 Год назад
You made the road look so simple and achievable. Also this video gives the message that the returns of stock market are not in your control but being disciplined, invested, control our urges, building good habits are in our control. So we should focus om that.
@henryjubeda7617
@henryjubeda7617 Год назад
We are in a 100+ year stock market bubble that's about to collapse. Since the creation of the Federal Reserve, there has been continuous printing. At any point in time in this market, any company that continued to exist would eventually appreciate.
@pillsburydopeboy334
@pillsburydopeboy334 Год назад
@@henryjubeda7617 lmao so for 100 years weve been in a "bubble" and the entire time people have been saying its gonna pop but instead its been growing bc thats what a successful business does and america is a successful business, and youre still saying its gonna pop after a healthy bear market correction lmaoo. If you educate yourself you could be quite wealthy in a shorter time frame than usual with the current market crash
@RenixGames
@RenixGames 6 дней назад
​@@pillsburydopeboy334clearly you're the one who needs education. What he's saying is that what goes up must come down. Sure we can see growth for maybe another century for all I know, but in a system where money is debt, and interest is being charged on that debt, eventually its gonna crash. It's an inevitability. But go on with your bear market analysis.
@leuvencan
@leuvencan 11 месяцев назад
Just found your channel recently. Love it! Great book reviews. Well done
@nikmil6804
@nikmil6804 5 месяцев назад
One of the best videos i've seen in time!
@frztrading
@frztrading 2 года назад
A eye opener for novice investors. Thanks for posting!
@SvintMvrcus
@SvintMvrcus 2 года назад
This has been probably one of the most effective styles of video for me to learn personally. I really enjoyed the mix of cartoonish illustrations mixed with concepts from specific books and quotes by successful people. Loved it!
@SvintMvrcus
@SvintMvrcus 2 года назад
And the subtle call to action at 16:35 💀
@handleOfParabellum08
@handleOfParabellum08 Год назад
Are you a milionaire now?
@ramildeasis2523
@ramildeasis2523 5 месяцев назад
great vid I enjoyed it and the same time, I learned , you just earned yourself another subscriber
@VerilySaid
@VerilySaid Год назад
I like how your story includes finding a partner with similar goals. Very important!
@bonafide_ok
@bonafide_ok Год назад
yeah he forgot about the divorce chapter and how Tom lost half of his portfolio lol
@kirapoodle
@kirapoodle Год назад
@@bonafide_ok Yes lol, which happens 50% of the time
@n0nac481
@n0nac481 Год назад
@@kirapoodle 70% if you're living in the US
@akirosakuragi9279
@akirosakuragi9279 11 месяцев назад
​ lmao, ikr. I was honestly rooting for his friend even though he didn't have plot armor
@nahfam360
@nahfam360 Год назад
Tom is too old now to realize how hard it is to actually save a decent amount of money nowadays.
@phantom8699
@phantom8699 Год назад
And your to poor to realize it’s not if you are willing to live bare bones to build up your savings
@user-pv7vc9kp9k
@user-pv7vc9kp9k Год назад
@@phantom8699 Having fun is also cool
@bryanrundell5159
@bryanrundell5159 Год назад
Shut up and work toward a better job with more income.
@thames_music1219
@thames_music1219 Год назад
you're going to be poor forever with your whiny attitude
@nahfam360
@nahfam360 Год назад
@@phantom8699 really? you're pathetic if that's what you really believe in, but you do you
@xathrax3119
@xathrax3119 2 года назад
While I totally agree on the general idea of saving and putting money in safe investments that compound over the years, the actual video had a few points that seemed a bit off. First, setting 1k aside per month in your 20s is not possible for the vast majority of people. When I was that age that was my whole monthly salary for quite some time. So unless you live with your parents who will feed you till your 30s I doubt this is feasable. The second thing was about him consistently beating the market. Since you quoted Buffet several times you should know that he also states that the vast majority of professional investors cannot beat the market over a large period of time. So no, the vast majority of regular people will not achieve this. For this reason when you state in the end that you could earn more than the guy who can make considerably more savings than the average person and beats the stock market it is quite false.
@UFunny2
@UFunny2 2 года назад
I mean im 19, spent my childhood doing drugs and smoking weed and I live in Montana, one of the lowest economies in the U.S. and I still have an extra 1000 every month. I feel like 1000 is a pretty tame number as long as you're making $13 an hour at least.
@thomatofpv3546
@thomatofpv3546 2 года назад
@@UFunny2 it's $1000 in savings. That means if you have rent, food and other expenses of $1500 a month then you need to earn $2500.
@Yerpyadig
@Yerpyadig 2 года назад
@xathrax why are you so negative in your response? Hopefully, you can remove your current obstacles that are preventing you from seeing this plan as possible. Possible for yourself!
@thomatofpv3546
@thomatofpv3546 2 года назад
@@Yerpyadig it's called being realistic
@UFunny2
@UFunny2 2 года назад
@@thomatofpv3546 yea I know, I make like 1700 a month depending on how much overtime, my rent and utilities levels out to about 750 give or take, plus with a few side hustles an extra 1000 isn't that hard to get a month and I don't even have to cut down my dispo trips lmao
@dramaticquiz
@dramaticquiz Год назад
Oh man, I don't know if is karma or not but I have the same Story as Tom! I worked at a well known Auto Company then I quit because another Car Company gave me a better salary.I have even a daughter wich is 2 years old and I am on Stage 1.Keep doing that kinds of videos.It gave me strenght to go further.Sorry for my English I'm from Germany.
@nighthawxx7888
@nighthawxx7888 Год назад
So well produced, I love it!
@Iseenoobpeoples
@Iseenoobpeoples 2 года назад
I started investing at 25 and lost for 5 years strait. At 30 I had accumulated over 60k$ for a down payment but I changed my mind and decided to put only 5% down and invest the rest. At 31 I made all the money back and more. Now at 32 I have over 100k$ and I think I will pass 130k$ this year. I will be able to retire much earlier because of that move.
@Metrowhite
@Metrowhite 2 года назад
Yeah well see how you sing in a bearish decade
@Iseenoobpeoples
@Iseenoobpeoples 2 года назад
​@@Metrowhite Bearish decade for what? Overpriced US tech stocks? I don't have any of those... You think metal prices will go down? lol
@Metrowhite
@Metrowhite 2 года назад
@@Iseenoobpeoples are we talking about copper or gold?
@Iseenoobpeoples
@Iseenoobpeoples 2 года назад
@@Metrowhite You didn't answer the question. You said I was gonna lose for 10 years... what were you talking about?
@johnsuckher3037
@johnsuckher3037 2 года назад
@@Metrowhite he thinks ath will keep reaching ath in metals :D ridiculous reading these stories on this channel as whole theory they present isn't about 30% yearly growth
@Andrew.Invests
@Andrew.Invests Год назад
Amazing video, I'm nearly at the 10% mark and Tom's progress was very relatable 🤣
@bereketaklilu4351
@bereketaklilu4351 5 месяцев назад
This is the most depressing video I have ever come across
@Semesty
@Semesty 8 дней назад
We all know the real way is to gamble 0dte options on nvidia earnings calls
@kukucska1984
@kukucska1984 2 года назад
Happy that you back!! I really missed your videos! Im 37 but as a latebloomer just get to the point to scrape the first 200k sek... As in the video my wife pushing me to get a nice house but im not giving in and will keep at it investing! Maybe I get there by my mid 50's! :))
@chrisbaki7371
@chrisbaki7371 Год назад
im 28 have 0 savings invested in crypto 350$ and lost and feel like i should have started long ago .. the thing is i know what are the steps are for wealth but my problem is how do i know in which stocks i invest in ? if you have a tip would highly appreciate it ! thanks for reading in advance
@TryABaconSlice
@TryABaconSlice Год назад
@@chrisbaki7371 by reading your comment i would suggest buying diversified ETFs with low fees and forgetting you own them for a few decades
@nohaybandaninguna
@nohaybandaninguna 2 года назад
This is an awesome video that everyone should watch at 20. Well done sir.
@Wantar
@Wantar Год назад
Tom went from 0-20000$ by saving 1000$ from his every paycheck during 2 years. Which means, Tom invested 24000$ in 2 years and lost 4000 which brought him to 20K. :D
@sofianealloui
@sofianealloui Год назад
wut!
@DiamondMan321
@DiamondMan321 Год назад
at least he learned from his mistake and havent given up
@tamgaming9861
@tamgaming9861 Год назад
When i started, i made the same misstakes as Tom :-) But what i found out is, "Discipline" is the key. if you can increase it, you can make everything, and you can stay with your own rules. Many lose money, because they dont stay with their rules, and dont accept that the slow money is the better one. In the first time when i made the misstakes i also had always a bad sleep bec. i feared that my decision will break my neck :-) To go save and slow is waaaay better for your psych and you can stay relaxed. I always only invested 1%-3% -5% which depends on the Risk/Reward ratio which i calculated before. On a high risk deal i went only with 1% or sometimes less. On low risk i went up to 5%. All trades i made, i calculated before how much i will get back, and how much i will lose in the worst case. Then i had a checklist, which i followed ALL THE TIME!!! 1. Calculate the RW-Ratio 2. How is the trend going in a longterm... 3. ... till 15. never make a trade you planed before. First you sleep better. Second you make no stupid decisions. Third if you lose what is a part of the game, you had the chance to win a loooooot more. Hope it helped some ppl a lot. AND try also to invest in companies - in real - learn finance, invest in your self, find good mentors. I invested over 250.000 Dollars in Webinars, Books, Courses and so on. In the end, you should love to work with money, if not, i dont think you will have success. Trading is a game, which you can learn to win, like reading the charts. But handle it like a pilot with the list, and only trade if you have checkmarked all points on your list, then you dont make stupid decisions. Because there is "trading" (calculated investing) and "gambling" (hoping for luck). To have success in longterm, dont try to be the gambler 🙂 Sorry for my bad english 🙂
@investorsden1286
@investorsden1286 2 года назад
Very enjoyable video and great narrative skills! Considering investing as a full time occupation is tough for the fact that you need capital (>= 500k). Just like Tom, combining both Investing and a job based on your profession/specialty is the way to go. Invest a chunk of your income, make the mistakes everyone has to make fast and learn faster. Plenty of high quality content on YT that will support!
@mothernatureshorts1
@mothernatureshorts1 2 года назад
I think it is actually crazy how closely this video represents my life (the first stage atleast). Thank you for this video, a true eye opener!
2 года назад
I feel the same way! It's like an alternate universe version of myself.
@ErrorOptik
@ErrorOptik Год назад
I walk the long relentless walk of dividend investing. I broke $100 this month. It took me a year and I started at .10 cents return after my first month. I know $100 isn’t much but too me, it was a huge landmark in my financial expedition
@danaphanous
@danaphanous Год назад
Keep it up! The first $100k is tough, but we all start somewhere.
@johnturnerjr7221
@johnturnerjr7221 Год назад
Congratulations! That's a big deal. Keep it up and soon you'll double it and eventually triple it.
@ErrorOptik
@ErrorOptik Год назад
@@johnturnerjr7221 Thankyou, that’s my plan, one at a time.
@h3Xh3Xh3X
@h3Xh3Xh3X Год назад
I just bought my first dividend shares and it is so hard not to fall for the sucker yields
@EMan-cu5zo
@EMan-cu5zo Год назад
Congratulations
@mohammadnour3902
@mohammadnour3902 Год назад
Great Video, Success is dependent on the actions or steps you take to achieve it. Show me a man who doesn't have an investment, and i will tell you how soon he will go broke. Investment is building a safe heaven for the future. With the right choice of Investment that has at least 1% minimum risk and with an expert guidance, profit and Intrest is 100% guaranteed.
@georgenewman2689
@georgenewman2689 Год назад
I agree with you. I had a senior colleague at work who was living well but never had an Investment, unfortunately his work was terminated,so he went from living well to surviving with his family.If he had invested when he was still working, he would have had another source of income.
@georgenewman2689
@georgenewman2689 Год назад
Investing is a prior decision to make for the future. If you are seeing this and don't have an investment, please do make plans to invest so you don't end up like my senior colleague at work.
@marygill1547
@marygill1547 Год назад
This made so much sense, just like he said " for one to invest, the person have to consider an appropriate choice of Investment with at least one percent minimum risk , profits margin, a mentor and expertise to guide and help you manage your Investment portfolio.
@halasultan6439
@halasultan6439 Год назад
With the help of Angelina Morris who works with an Investment organisation in England, I have been investing in the Foreign exchange market, Stock, and dividends with her expertise and guidance,she has helped me make huge profit on my Investment portfolio.
@drewalister9846
@drewalister9846 Год назад
Oh its great to see someone who also benefit's from the services of Angelina Morris indeed it's a small world. She is my portfolio manager and mentor too for 2 years and still counting and I have made profit of 123,795 usd from my initial amount of 5100 usd with her managing my portfolio.
@spartavlogs3781
@spartavlogs3781 2 года назад
This really showed me what I need to change in my life to become a millionaire
@alexanderbabazadeh5110
@alexanderbabazadeh5110 2 года назад
This sounds so simple but in practice is very difficult to overcome. The mental game is truly something that takes time to learn and endure.
@drdavinsky
@drdavinsky 2 года назад
I retired at 29.
@momofighter3211
@momofighter3211 2 года назад
@@drdavinsky Multimillionaire before 30's club
@drdavinsky
@drdavinsky 2 года назад
@@momofighter3211 fax
@Drift0x
@Drift0x 2 года назад
@@drdavinsky you picked Metaverse stock
@LetteriSC
@LetteriSC Год назад
I’ll come back for this video every once in a while. Great video
@venuswealth6
@venuswealth6 17 дней назад
One of the best videos. I started FI journey very late. I am 36. Still long way to go.
@sunes3049
@sunes3049 2 года назад
This is what I hoped RU-vid would evolve into. Amazing content.
@neves69
@neves69 2 года назад
Really great stuff, congrats for the great video and thanks. Although, I would argue that allocating 1% of the portfolio for riskier high conviction investments can really make a difference sometimes, with a controlled risk of course. But I 100% agree with you that the basis (majority) of a portfolio should be allocated into low(er) risk assets.
@blaquopaque
@blaquopaque Год назад
Tesla stocks did so well in 2020 and early 2021 but you cannot say same today, Tesla stock is volatile and has suffered several corrections along the way to its current high valuation. And if the stock reacts as it did during the 2020 stock split, waiting may not be the best decision for investors.
@blaquopaque
@blaquopaque Год назад
@@kaylawood9053 The truth is building a good financial-portfolio has been more complex since covid, so I would recommend you seek professional support. This way you can get strategies designed to address your unique long-term goals and financial dreams.
@michaelrutjens5616
@michaelrutjens5616 Год назад
@@blaquopaque Tesla is a good stock, knowing when to buy is the best part. If you are not conversant with the markets, I'd advise you to get some kind of advise or assistance from a financial/investing coach. It might sound basic or generic, but getting in touch with a financial adviser was how I was able to outperform the market and raise a profit of $270,000 since Jan. For me, its the most ideal way to jump into the tesla market these days.
@blaquopaque
@blaquopaque Год назад
​@@michaelrutjens5616 How can I get across to this advisor?
@michaelrutjens5616
@michaelrutjens5616 Год назад
​@@blaquopaque You can look her name(THEDA HELENE JACKSON) up you would see all you need to know about her.
@Miaisabelle-yk6rd
@Miaisabelle-yk6rd Месяц назад
Making money is not the same as keeping it there is a reason why investments aren't well taught in schools, the examples you gave are well stationed, the market crisis gave me my first millions, people shy away from hard times, I embrace them.. well at least my advisor does lol.
@Astral0muffiN
@Astral0muffiN 2 года назад
This is a great condensed version of a mindset primer when it comes to investments. Gotta say frugality early in life and a good sight of the path to your goals is the way to go! Getting married before 30 is definitely a coin toss though and the odds won't get any better if you don't learn from the first time!
@nocrtname
@nocrtname Год назад
Yeah seriously. The story would have ended differently if she split when the kid was 2, took half half his assets and also won alimony and child support for the next 16 years.
@daniquinteero6800
@daniquinteero6800 Год назад
How could tom be a normal guy if he finished mechanical engineering… he obviously is an intelligent guy…
@ChipChapChop
@ChipChapChop Год назад
Rich parents too.
@Alesti5
@Alesti5 Год назад
People are more capable than they give themselves credit for.
@CosmicHarmony58
@CosmicHarmony58 Год назад
Bruh…recent studies shows that literally anyone can do high intelligence jobs…It’s just a matter of actually using your brain. Students told me in the past “Angus you’re a smart guy , you just don’t use it”…which is true. I was a obnoxious teenager who was into drugs….But now I’m what people would say “oh man’s he’s a musical genius”
@kitten-free
@kitten-free 5 месяцев назад
...getting 65 grands a year at his first job as a junior. - i know, all regular normal guys do so, sure thing
@harrellt1405
@harrellt1405 4 месяца назад
@@CosmicHarmony58its not just intelligence..its dedication and discipline. No one wants to sacrifice their social life to study for tests.
@tennisrules8011
@tennisrules8011 Год назад
This is easier said than done. In your 20's and even early 30's it would be hard to be so focused on savings when more than likely big life events will happen, married, kids, home expenses, etc. Most people won't really be able to get into this frame of mind of consistently saving money month to month until there mid 30's or early 40's.
@davylazeure583
@davylazeure583 Год назад
@@asdf-vo6kw this is such an underrated statement..
@blakejackson8526
@blakejackson8526 Год назад
Good thing you don’t need to worry about “most” people
@sgzz1024
@sgzz1024 Год назад
This is the most wholesome video on investing!
@ByWayOfDeception
@ByWayOfDeception 2 года назад
I love how this is even your second language and culture and you express these ideas better than many intelligent people born with that language and culture. Bravo, that takes work.
@abdoumenouer7762
@abdoumenouer7762 Год назад
I just discovered your channel and I really like it. Thank you for the great content. May this be a reason to propel towards financial freedom. Thank you
@abdoumenouer7762
@abdoumenouer7762 Год назад
@@Jasmine-tz6ei thanks bot! and if I call that guy I will be instantly a millionaire is that correct?
@financialeducationguide
@financialeducationguide Год назад
This video is inspiring and amazing. Thank you so much.
@filthyrichfinance
@filthyrichfinance Год назад
Great video . I knew of a guy who was a cleaner for Holden car company Australia for 30 years . He owned several property's. He managed himself . One time he had an open inspection for a rental house he owned . The manager of holden(his boss) came looking for a rental , he said don't I know you and the cleaner said I have been cleaning Holden's for 30 years. The boss was shocked as he was more successful then him as he made the right decision through his life .
@danieljohn589
@danieljohn589 Год назад
Property has made many in Australia incredibly affluent, particularly working class who bought and held in good suburbs
@DannyOcean11
@DannyOcean11 Год назад
Currently working on stage 2 at age 23! I really feel privileged to have learned about investing at a young age. I constantly try to convince friends and family about investing, but they just don't seem to care enough. Everyone is always complaining about taxes and government and rich people. But they don't seem to want to play the game for themselves. I just don't understand people living there lives paycheck to paycheck and not ever trying to escape.
@frah_educational9926
@frah_educational9926 Год назад
Same here bro. I feel u. If it was for me I'd put at least 10% of my savings (and my parents') in stocks.. Nvdia, MS, google.. they will play more and more a larger role in society. Everyone's fine spending 1800$ for an iphone. But putting that on stocks or ETF if you wanna play it safe no, its wasted money...
@1hinita
@1hinita 11 месяцев назад
I'm just now getting into it but I feel overwhelmed! There is so may bots and scams, taking the first step is unnerving however, living check to check is chaotic. Could yall recommend some books to read for absolute beginners with no knowledge what so ever? Or even if it's not beginner friendly, what's your top 2 books? Thx in adv.
@BernieSanders-bn5dk
@BernieSanders-bn5dk 10 месяцев назад
@@1hinita Honestly fuck all that, You really just have to watch a few videos on trading Option stocks and have a few grand in a begineer freindly app like Robinhood, All that studying is harmful if you never take the initative since their's a variety of strategys/philosphys on investing your never going to actually know how to do it the ''right'' way.
@christopherrobertson2338
@christopherrobertson2338 10 месяцев назад
@1hinita the best 2 books to read on investing is the intelligent investor and morningstars 5 star strategies for success
@albertb4460
@albertb4460 7 месяцев назад
With how long stock market has been around, would you still consider it a valid option 2023 onwards? (I'm total newbie that thought little of the stock market)
@KietNguyen-up9vx
@KietNguyen-up9vx 4 месяца назад
Every few months, I rewatch this video again to get my motivation back
@TDK67DK
@TDK67DK Месяц назад
Paused the video at minute 8 to see the comments because I had my doubts seeing 10k- 100k in 4 years :D Now I am glad. I´ve prevented myself from wasting another 15 minutes on this farce. Nice edit. Good quality ( editing ).
@Robert-un3cf
@Robert-un3cf 5 дней назад
After I got a good paying job in 2020, I went from 20K to 400K+ NW in less than 4 years by saving aggressively and investing. Not typical, but it can be done. I also had already been learning about investing for many years, had paid off all debt, and had good financial habits from making mistakes when I was younger.
@leonhenry4861
@leonhenry4861 Год назад
I think for most young people it’s worth getting to 100k as quickly as possible. Then you’ll see a massive difference. And if you’re really motivated, get 100k in the market and 100k in real estate, then your wealth starts to really pick up. It took me 7 years and I’m a a screw up lol
@treyd3433
@treyd3433 2 года назад
This is an inspirational vid... speaking from someone who's down 60% in the last couple of months! Didnt start investing til i was 38... hope i can hit the 8 figure club in this lifetime.
@jhoncena1111
@jhoncena1111 2 года назад
You can do it. Sometimes a bad start is where we grow the most. I invested for the first time right before the 2020 crash. I lost 60k and panic sold. I learned to just hold and appreciate the dips though accumulating. My goals is to accumulate and stake crypto, and hopefully one day I will have millions.
@treyd3433
@treyd3433 2 года назад
@@jhoncena1111 thnks. Good luck to you. I wish i had been smart enough to take profits.
@d_all_in
@d_all_in 2 года назад
@@jhoncena1111 if the lesson you learned is to "stake crypto" idk if you learned anything at all
@jhoncena1111
@jhoncena1111 2 года назад
@@d_all_in not just staking. Diversifying, dollar cost averaging, having dry powder ready, and avoiding fomo is essential.You have to be prepared not surprised.
@arnom1885
@arnom1885 Год назад
The advice given in this video is good. I do hope that people notice how extremely disciplined Tom is. THAT is the real extaordinary thing about this video. Because most people, yeah...you and me too, are mostly aware of the emotions involved when making these financial decisions! A good friend tries to persuade you for WalMeta? Greed and FOMO kick in! You lose a lot of money in your portfolio during a crash? You want to switch strategies and most likely will sell at the bottom. If you do not address these emotions properly, you will not make it like Tom did. How am I fairing? I lost a LOT because of lack of discipline. "Just do it" doesn't work. You need to train, prepare, address yourself. Every single day again. Because you are doing the opposite of what your emotions tell you to do. Which is HARD!
@amateurbutjudgmentalfinanc5197
The advice in this video is not good.
@aaaaaaaaa563
@aaaaaaaaa563 7 месяцев назад
винди, это точно зомби против растений??
@TheGamingInvestor
@TheGamingInvestor Год назад
This is a Financial Masterpiece and truly a work of Art. Thank you for this gem!
@SugarRoll
@SugarRoll 2 года назад
This is eerily close to my life story. I mean I probably made more mistakes and I don't have a wife but the financial path is so similar.
@unknowndriver6652
@unknowndriver6652 2 года назад
You achieved a million?
@se6586
@se6586 2 года назад
You’re fresh out of college and broke?
@unknowndriver6652
@unknowndriver6652 2 года назад
@@se6586 no i am 43 i was just asking
@se6586
@se6586 2 года назад
@@unknowndriver6652 haha yeah I was asking @sugar roll too 😂😄
@SugarRoll
@SugarRoll 2 года назад
@@unknowndriver6652 It's in equities so it fluctuates. I don't think it's enough for early retirement unless I retire in the Philippines or some other country with low cost of living. But I don't think I'll ever retire. If I'm not working, I'm not being useful to society as a whole. Maybe I'll do part time work, maybe I'll work on open source projects, or maybe I'll do volunteer work. I don't know yet, I'll make up my mind when I accumulate more wealth.
@bingebinge3722
@bingebinge3722 Год назад
Retiring at 43 with only 1M in the bank account is really risky choice. Everybody watching this video thinking about going down the same route should really think hard if this is something that will suit you.
@adamlynch9153
@adamlynch9153 Год назад
Move to costa Rica
@sedivh0
@sedivh0 Год назад
In america, sure, it might seem risky. Anywhere else, not at all. It's much safer, actually.
@edwardkay288
@edwardkay288 10 месяцев назад
He's married, so I presume Sarah still has a steady paycheck whereas Tom can reduce their childcare expenses by retirement
@sariusausereboslol3511
@sariusausereboslol3511 5 месяцев назад
This video is great. Will drive a lot of retail investors into losing money on the stock market and drive up my ETFs.
@huh_Hanni
@huh_Hanni Год назад
Андрюха оказывается миллионер)
@user-te5kf3lt7s
@user-te5kf3lt7s 11 месяцев назад
Ты чё?
@__USA1789
@__USA1789 11 месяцев назад
Тоже в зомби против растений смотрел?
@rimking7878
@rimking7878 10 месяцев назад
​@@__USA1789 а как? А зачем?
@WalterDorcas
@WalterDorcas 6 дней назад
Currently I'm just being smart and frugal with my money, I'm in the green 47% over the last 23 months and l've accumulated over $70K in pure profits from DCA’ing into stocks, ETFs, dividends and futures. However I’ve been in the red for a month now. I work hard for my money, so investing is making me a nervous sad wreck. I don’t know if I should sell everything, sit and just wait.
@rice1758
@rice1758 6 дней назад
@@WalterDorcas 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 a lot of wealth transfer in this downtime if you know where to look.
@justinelliott3529
@justinelliott3529 2 года назад
No one consistently beats the market over time
@fritzhaller3840
@fritzhaller3840 2 года назад
That’s what I feel like people really need to hear in this comment section
@justinelliott3529
@justinelliott3529 2 года назад
@@fritzhaller3840 exactly. They just need to heavily invest in index funds over time.
@samfrostinjapan
@samfrostinjapan 2 года назад
Generally speaking probably fairly true. You can make some good guesses based on the direction you think things are heading and stuff; but unless you have knowledge or insight that typical investors don't, you're not going to get anything special. Alternatively if you are willing to do your own business, you might be able to leverage opportunities that require more effort than the average investor is putting in, and thus see higher returns.
@justinelliott3529
@justinelliott3529 2 года назад
@@samfrostinjapan most people aren’t savvy enough or have the time to dedicate to research, but supposing they are savvy, have the time to research, and understand the information, they probably could beat the market much of the time. However, that’s an incredibly small amount of people
@samfrostinjapan
@samfrostinjapan 2 года назад
​@@justinelliott3529 I agree. It's especially true when you consider that there are techniques and software that professionals are going to have that beat out any average joe's decisions. An average person might still be able to win with local/personal knowledge though. For instance if someone near you is making a startup with a promising business model, you may be able to judge rather it will be successful better than a stranger on an open market as you might know the individuals involved and their capabilities. Alternatively, mixing some labor into capital investments (doing business) can bring higher results than just work or just investments.
@Internet_Rex
@Internet_Rex 2 года назад
This was super inspiring and I rarely comment just to say that! This was really powerful, thanks for making it
@amateurbutjudgmentalfinanc5197
The information in this video is bullsh*t and gets many key components of sound financial literacy and sound personal finance habits incorrect. It's a cute animation with a cute story but that's it.
@oldgreg315
@oldgreg315 4 месяца назад
Crossed The Line at 33. Less mistakes and more saving made most of the time difference. Can confirm most of this is the truth. But if you could consistently beat the market by 4% we'd all know your name. You should be in index funds if you have a full-time job and can't research companies full-time like Warren. If you're serious about investing and want the right answer even if it's not flashy, I'd recommend Ben Felix's channel. No fancy animations but grounded in thorough academic research. Good luck grasshoppa. 📈
@aprendeainvertirco
@aprendeainvertirco Год назад
Dear Erik, As a fellow content creator, focused on a Spanish Speaking Audience, I decided to make an adaptation in spanish of your video that I consider a brilliant and inspiring way to explain how a regular person can obtain financial freedom by making the right decisions in the right time in their lifetime At the end of the adaptation video I mentioned that is inspired on your original video. Also I tagged your channel in the description so the viewers of my channel can easily find yours and watch the original video if they want. Wishing you all the best in your investing and content creator journey. Your friend Juan David from Aprende A Invertir
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