Diversification is the secret to optimal performance. This is why I have my interests set on market sectors based on performance and projected growth, such as stock, EV sector, renewable energy, Tech, and Health. Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE
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 fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
i am going to look her up, I have about $81k i want to start with, might be small but it's better than nothing though. Since the 08 crash is playing out again
These are very valuable info for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $109k now to put in the market.
I successfully trade in my own port-folio, and also follow others because I'm interested in their stra-tegies. I realized I've got better at managing the trader's strategies too. There's nothing wrong at all with having someone far more dedicated manage some of your port-folio.
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. I know someone who made over $350k in this recession influenced market, but to the best of my knowledge, it was through a financial advisor.
To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough. I've been quite unsure about investing in this current market and at the same time I feel it's the best time to get started on the market, what are your thoughts?
I agree, my profit has been consistent no matter the market situation, I got into the market early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2020 this time with guidance from an investment adviser that was recommended by a popular economist on a subreddit, long story short, its been 2years now and I’ve gained over $850k following guidance from my investment adviser.
@@sophiadouglaswagner No doubt, the stock market is definitely the most awkward teenager with the wildest mood swings! I began with a pundit by name “Margaret Johnson Arndt” Her approach is transparent allowing total ownership and control over my position and fees are very reasonable in comparison with my ROI.
Munger and Buffett have both achieved an incredible feat with Berkshire. They've turned thousands to billions, and have made a lot of people wealthy in the process. I really saw the potential of the stock market by reading Berkshire's annual letters. I recently sold my $674k apartment in the Bel Air area and I'm hoping to throw it into the stock market. I just don't want to lose everything.
Most people either do not understand the power of compound interest, or are just impatient. For the average Joe, however. I think it is just best to invest in the S&P 500, and just wait, which is reliable, albeit extremely long-lots of years. Or just use a professional analyst and speed up wealth creation. Most people underestimate the power of the latter
You're absolutely right about the power of compound interest and the long-term potential of investing in index funds like the S&P 500. For many, passive investing in broadly diversified funds can be a reliable strategy over time.
Employing a professional financial analyst or advisor can certainly add value by offering tailored advice, portfolio diversification, risk management, and timely insights. Their expertise can potentially speed up wealth creation and navigate market complexities, but it's important to choose someone reputable and consider their fees, as they can impact your overall returns.
I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash I invested the money using an analyst, and in seven months, I raked in almost $673,000
I'm actually interested in this idea of investing through an analyst. Sounds like the most sensible thing to do in the market right now. Could you give me a pointer to who you work with, please?
Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking the bold steps we need in other to reach our goals.
I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value
@@RichardWilliam-i4z This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a US-based finance consultant by name MARTHA ALONSO HARA and everything changed. I started enjoying huge returns from my investment.
@@RichardWilliam-i4z look her up on the internet with her name. she's quite popular for her services as she was recently featured on CNN. She can work with anyone irrespective of where you're located
@@GabrielPitchford Thanks, I just googled her and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.
Great video, I've been interested in investing ever since I came across articles of people making up to $150,000 and more in this period, thanks for the video but is it really possible for a retail investor to achieve this in months?
I've purchased numerous stocks in individual firms. Because there are so many stocks that will skyrocket in the long run, it is currently safe to buy in on ETF and ride it out. Due to fud, I sold out early, but then retraced my ways and re-invested $350,000 with a financial advisor who manages my account. I received an 82% return last year and will see where it goes this year.
'Christine Jane Mclean’is the coach that guides me. She’s a verified coach and she helped me see that returns can be made in both bull and bear markets. She covers things like investing, insurance, making sure retirement is well funded and looking at ways to have a volatility buffer for investment risk, lots of things like that.
thanks for sharing this, I am in conversations with your advisor, and she really has substance, having interviewed her properly and reviewed her model, I am hoping she takes me on quite seriously too
You’re right! The current market might give opportunities to maximize profit, but in order to execute such effective transactions, you must be a skilled practitioner.
On the contrary, even if you’re not skilled, it is still possible to hire one. I am a project manager and my personal portfolio of approximately $750k took a big hit in April due to the crash. I quickly got in touch with a financial-planner that devised a defensive strategy to protect and profit from my portfolio this red season. I’ve made over $150k since then.
Having a coach is key in a volatile market, My advisor is “Deborah divito welch” You can easily look her up, she has years of financial market experience.
I am being guided by “Deborah Divito Welch” who I found on a CNBC interview where she was featured and reached out to her. She has since provided entry and exit points on the securities I focus on. You can look her up online if you care supervision.
I began accumulating wealth when I started following up my investment properly, The value of expert mentorship cannot be overstated. Without proper mentoring, people tend to make mistakes and loose money. This is why I prefer to invest with Deborah Divito Welch because her methods are unique and extremely profitable.
Beautifully soft lit set,no screaming and disturbance,the most professionally shot interview of Warren in recent times.So many quotes he mentioned i jotted down.Thank you for this,we continue to learn alot from Mr Warren
@@Themultimediaguy The chains of habit are too light to be felt until they're too heavy to be broken Success is getting what you want and happiness is wanting what you get We will not trade something that we have and need for something that we don't have and don't need even if we'd kind of like to have it
"Cash though to a business is as oxygen to a individual you never thought about it when it is present and it only comes to mind when it's absent."Warren buffet.
@@ericacannon5832 He said many times that he won the ovarian lottery. It's not just that he had a father who guided him, it was that Warren inherited a temperament that was gentle-natured, calm, and agreeable. If he had been high in the personality trait of hostility, he would have fought his mother. Instead, he avoided confrontation and tried to understand her perspective, which comes through in the interview.
If every billionaire was like this guy the world would be in a much better place. Take away the money and his approach to life seems to be the correct way.
Buffett is extremely right about finding your passion. And also, nobody can become financially successful overnight. They put in background work, but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals. I was able to increase my portfolio by $189k in months. You just have to seek for help in the right places. Nice video.
True, My wife and I are retiring this year with over $6,000,000 in tax deferred investments. Up until 3 years ago, we were 100% in the S&P. During bear markets we had a perfect plan. We got an investment manager in our corner and didn’t look at our portfolio for nearly a year. Just kept buying at low prices. Fear can be a really big hindering factor
@Zahair O'Brian Could you recommend who your advisor is? I've been looking to make the switch, because it seems like the most sensible thing to do in the market. I have heard of investors pulling in hundreds of thousands of dollars despite all the downturn.
As an investment enthusiast, I often wonder how top level investors are able to become millionaires off investing. I do have a significant amount of capital that is required to start up but I have no idea what strategies and direction I need to approach to help me make over $400k like some people are this season.
I believe the safest approach is to diversify investments especially under professional; guide. You can mitigate the effects of a market meltdown by diversifying their investments across different asset classes such as stocks, etfs etc It is important to seek the advice of an expert.
Review your portfolio with a professional and don't make the same mistakes again. Diversify, as in your stock portfolio, and hopefully consult a professional. The key to building wealth is long term. I learned 30 years ago that you have to keep emotions (rookie) out of your investment decisions at all cost. Now, i've made over 800k in profits from my 350k investment.
*@mellon-wrigley3* Kudos on the effective execution of innovative ideas and tactics that lead to significant advancement. As I seek guidance from a trustworthy advisor, would you be willing to share details about the individual assisting you?
@@pauleohl how can the phrase have any meaning it we use your restrictive definition? He's speaking real time to perfect self-editing isn't going to be feasible
He made it through the entire interview with out saying the words “ I Mean “.. That is a huge accomplishment Try and find someone talking about themselves who don’t say “ I Mean”
One of the smartest things Warren Buffet ever did to preserve his wealth was to not get divorced. Too many people today impulsively get divorced and it destroys their wealth. Then they go out and create a whole brand new family. It's foolish.
I'm surprised they actually asked Mr. Buffet these social questions. I'm use to him just taking about his business interests and the stock market in general. When was this interview done? *Edit Nvm I seen the interview date.
There's actually a biography book written for him called The Snowball, there warren shared his framework and his view on life and many more lessons worth of learning
I feel so much broke not to have an opportunity to meet with Warren Buffet and discuss things come to my mind about business, stock market, life and happiness
Tom markets tank??❤❤🎉🎉mob mob thinking workd over let them get fed up im waiting.imgaine u remove the mob thought from people what would happen to them
Nice not to have waste time with an interview I suspect age is secondary to his constantly collecting more information he naturally draws upon to read and learn
OK Warren...the 3/5ths clause, which was a taxation clause called the "Federal Rule" in the Articles of Confederation was an anti-slavery provision used for granting seats in the House. The reason slaves (not free Blacks) were counted for the census purposes as "3/5ths" was to limit the number of seats in the House awarded to slave states to limit their power. Someone like you should not be ignorant of such details.
Bold comment for how misinformed it is. It’s a compromise; to paint it as an anti-slavery provision is extremely generous and reframing the fact that slave states wanted to protect the institution of slavery by misrepresenting their effective population is concerning as well
Imagine the flex"Money has a utility but upto a certain point.I think i reached it in my early thirties,after that it benefits alot of people but the game is and continues to be alot of fun."
