james sutcliffe you still have 65 years to go, health care is better and better with 65 years you will feel like a 55 today: brand new. Check out my videos as well if you look for good vakue
You still got 20 years if you plan to retire by 65, if you invest properly you will be well in if you want to retire by the average age of 65, you can retire later or earlier all up to you and where you are and if you are satisfied
I started investing at 38 and only had to work 18 more years, retiring at 56. I would recommend, however, that your listeners start as early as possible.
Reading this in 2020. I just started investing at 34. Hope to be aggressive and smart with a dividend portfolio to live off of within 10 years. Thanks for your inspiring comment!👍🏾👍🏾👍🏾
Hey man, just happen to be on a rewatch spree, and id like to thank you greatly for making this literature SOOOO accessible. It has been of immense value to me, as you're the first finance youtube channel i started following in January when i randomly got interested in the stock market x) its safe to say youve earned me a pretty penny. Thank you again, and please keep doing what youre doing :)
I started at 27. (I'm still 27) My only regret on this falling market is that I didn't start when I was 18. Other than that, this is the best buying opportunity in years! Best of luck to everyone!
don't worry this bearish market brought you to almost the same index as you would had when you were 18 so cherish and invest wisely, so that you can grab the oppurtunity.
Started early! I turned 18 on aug 22, bought 15 shares of GE, 2 shares of CAT, and a share of Chevron, looking to build a dividend reinvestment portfolio
I’m 20, 50k invested from working in high school and uni. All I can say is read, read, read! These videos are good but you gotta reinforce these concepts and practice spending long periods studying.
My biggest advice to you is to avoid individual stocks. Invest in mutual funds. For example etf or index funds. I have an index fund that tracks the S and P 500. Highly suggest doing that. I am 20 years old btw. Just sharing some advice a couple millionaires shared with me. Index funds are low risk high reward investment. But they are long term investments and that is what you want. Make sure you look at the fees for all of your investments even if you don't take my advice and invest in a fun. Oh and continue self educating!! If possible find a mentor in your area that is willing to invest their time into you. The mentors will help open your mind to new possibilities in life.
Ralph Gideon Devan nice bro, appreciate if you give me feedback on my portfolio will be interesting to see how it compares to yours (got portfolio vids on my channel)
Bro, good for you. I've been reading about stocks, trading, and investment for 4 years now. But only seriously started investing in stocks using fundamental analysis a few months ago, at the age of 34. When you're my age you'll be way way more awesome than I am now. I wish I was watching things like this when I was 22, too "busy" watching stupid prank videos then haha.
Started early , on the day I turned 18. Made 300% return from investment in GME that could have been 1500% if I wasnt young, dumb and greedy. Afterwards , I fell in love with business and understood that coming up with clever ways of coming up with money was something that I was always interested in. Currently I am 19 , studying BBA abroad and learning investing on the side. I love it!
if you invested in GME, don't worry you were dumb when you got the 300% return! remember, if you got a 300% return it could also have gone down 100%, thats the nature of volatility. when you get a x% return, just realize it can happen the opposite way too. don't listen to WSB. they call themselves r tards for a reason. listen to this guy, warren buffet, and Charlie Munger. i also started on GME, made a little money, and got my ass kicked when i imagined buying a new car with the theoretical 10K profit i'd make. just trying to save you some heartache and time.
started very early. First stock at 8. Really into the stock market 10. Predicted market crash at 10. Now i am 11 and in the 3 years i have been investing in the stock market i have doubled my money. I knew a lot of important things by myself. I don't really care about what others say about my investment.
Thank you so much. you are such a big help for people who are starting to dive into investing. Big respect to you on making time to do these kind of videos. cheers!
Key Ideas: Berkshire Hathaway, Warren Buffett’s umbrella holding company, has endured because its stakeholders revere its values and culture. Shareholders keep their shares for decades though it hasn’t paid dividends since 1967. Berkshire buys for the long term; it chooses well-run firms in core industries, keeps management in place and stays out of running the business. Firms it acquires have low debt, exceptional management and strict cost control. Subsidiaries tend to operate in “rudimentary,” basic businesses - boring beats exciting. Berkshire’s shared values include thriftiness, hard work, honesty, entrepreneurship and the discipline to stick to a core business. Berkshire’s headquarters employs only about a dozen people to oversee a $300 billion company with more than 300,000 employees. Warren Buffett controls “capital allocations” and closely guards Berkshire’s reputation. Buffett deals directly and ruthlessly with breaches of Berkshire Hathaway’s values. No one can replace Warren Buffett, but his development and crafting of Berkshire’s culture will enable it to thrive after his tenure.
I was never able to understand exactly how Warren Buffet end up with so much money. I understand the concept of compounding but did they made all their money from their original investment or from the funds managements fee? I would know more in dept how they made billions.
started early XD, still 14 my dream is to someday start a holding company conglomerate like berkshire with my own little twist ofc. i’ve already got some ideas on how to raise some capital, soo.. wish me luck I guess!!
Started when I was ~20 and earned enough to get me through uni. In my mid 30s now and could live off of trading alone (but I don't want to). When I started I needed to figure stuff out by myself but now there are many great channels such as this one to get your knowledge from before loosing money. We've come quite far in financial education and I love it.
Their success is not just huge but also sustainable. They have been able to keep a constant compounding growth of over 26%, doubling their money every 2-3 years. They have stuck to this growth rate for more than 40 yrs. Even with their philanthropic activities they still manage to get it going. Simply the best. Thanks for your amazing content
@@johndoes6706 I agree and I personally wouldn't recommend investing in Berkshire. But if you look at Warren's net worth since his teens it's doubling every 2-3 yrs.
Nice video. Berkshire Hathaways' biggest position is cash now (60%) Not good long term but he is getting ready for something in the short term (1-3 years)
Are you investing yourself? I would enjoy hearing about strategies that you use yourself. From all the books you have read, what principles did you attach to your own investing?
i never comment on YT but i had to this time! im 22 and i find your channel the best thing that i have found to help me rich my financial freedom , i love you! keep up the great content!
Started at 18 thank you WB and CM compound interest works never interrupt, never take loan out , don’t panic when correction seize opportunity with your money
From where are you I also want to do it as an aspirer want to know from where you arrange funds and people to be devoted to work with you dear Define now I am curious
ARRAB ALI MAZ $110,000 income. I max out my Roth IRA annually at Vanguard in mutual funds with a growth tilt. I also invest 14% of my income into Roth and Traditional 401Ks and my company pension. These funds are mostly in S&P and international indexes. Then I also contribute $1K to 3K in my company’s Stock Purchase plan (I work for a bank). Lastly I invest another $5K per year in high yield cash savings accounts like Marcus by Goldman Sachs. This money is for investing when the market dips and acts as a secondary emergency fund.
@@brianjames9832 so tell me how much you invested initially when you started as a young man you are supposed to get money from some where is it family or else
Gold is a productive asset 3:31 when it is converted to jewellery. As you know if you own a product that is part of consumer mind , demand for that product will be there forever. Demand for Gold jewellery will be there forever ( at least until we last as a species)as women ( mainly Asian) loves it and men will keep buying to keep women happy
And You'll be a millionair at 60........ It sounds good but think deeply!!! When You'll be 60 then you will have weak bones,sprinkles in face, and Won't have a young mind So Don't invest in stocks... Be millionair in 30s
Gold is perfectly fine in periods of high inflation for those that want safety of principal. What WB & CM want is growth. So, of course, the put down gold. The closest they will get to gold are gold mining companies stocks.
STARTED EARLY. Board my first stock at 13 (Only 20 Dollars for fun tho), and have since traded steam skins which kinda works like stocks. I then started investing in an index, which follow 20 other indexes. There for my risk is VERY LOW, and my portefolio is spread among 27 different categorys, 10 countrys (Here mostly USA, european companies and LARGE danish companies). I have now set my eye on trying to invest in single companies, because there is a MUCH higher chance of getting a big check, but dont wanna gamble all my hard earned money away.
I STARTED AT 21, lol i think i lost over a thousand watched wolf of wall street repeatedly and then read graham, only recently I have a clear..oopf.. strategy... thats working for me.. for now.
Started Early. 18 year old from Norway, and I currently own these stocks: Delta, Norwegian Cruise Line Holdings, Revolve Group Inc. and HUGO BOSS (German Stock)
You got me on 4 of 5 with the share of mind. Thought of Pepsi for a soft drink but that comes from my own bias. Keep up the good work! Everyone who enjoys this channel hit that like and comment to appease the algorithm gods!
You talk about inflation, which is whats going on in ordinary times. What we will see now is an extraordinary time in which there will be a period of deflation: people dont buy much, companies drop prices, revenue drops, companies fail. 70% of the economy are consumer goods, of which a large amount are luxury items that we could live without.. My question: what are the measures of these gentlemen in deflationary times?
I don't know enough to say whether there will or won't be deflation in the coming years, but I think that I can guess how Buffett & Munger would approach investing in a deflationary environment. Everything that they usually preach will hold true in those environments too - stick to your circle of competence, insist on a margin of safety, look for intrinsic values, the market is there to serve you, buy incredible businesses at fair prices etc.
I have a question about the Great Management filter for companies. What makes a management great? How does one measure that? Filters are supposed to help you reduce time looking only at promising companies but how does evaluating the management team help with that? I can only imagine that the majority of uprising investors probably even don't know 99% of executives in such teams and then need to spend a substantial amount of time doing that research after all 🤔
Constantin Gavrilete it isn’t something you can just type in a stock screener, you have to look at the conference calls for the company for the last 10 years and see what they were saying and how management acted and whether they kept their promises years later.
Constantin Gavrilete that is a good question! I would say by sitting with them and experience by your own, see the company culture and focus! make sure to check my videos I vlog about Stocks daily!
Late response here. One hint you can take that tells you that a company has a great management it's it's ability to reinvest profits. You can analyse this by watching it's EPS, ROE and ROIC. If a company has grown these parameters over the year in a steady way MAYBE they have a good management that's doing a good work reinvesting it's profits
If you think about the share of mind principle, spotify would be one of the stocks that gets my interest. To me and many others is the number 1 music streaming service. Nice timing to load this stock :)
Erik, gold is NOT an investment! It is an insurance. it will cost money (i.e. purchasing power) and you hope that you will not need it, even if you buy. It pays out (i.e. maintains) purchasing power if government money is seriously mismanaged. Unfortunately this is more likely than not actually for the vast majority of governments and their money!
