Don't Invest In The Stock Market Until You've Done These 6 Things! | Investing 101

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  • เผยแพร่เมื่อ 20 ต.ค. 2024

ความคิดเห็น • 30

  • @onlyonemanassa
    @onlyonemanassa 2 ปีที่แล้ว +8

    Would love to know the books you recommend for personal finance, great video 💞

    • @fefemyluv
      @fefemyluv 2 ปีที่แล้ว

      Same here!

    • @xoReni
      @xoReni  2 ปีที่แล้ว +2

      Great suggestion, coming right up! Thanks for watching Manassa💞

    • @lotenna
      @lotenna 2 ปีที่แล้ว

      Me too. Would really love to know ! Thank you

  • @xoReni
    @xoReni  2 ปีที่แล้ว +6

    Did you do all these 6 things before starting investing? 👀👀
    1:22 Tip One - Budget
    3:50 Tip Two - Debt repayment
    6:10 Tip Three - Emergency fund
    7:34 Tip Four - Invest in yourself
    9:40 Tip Five - Risk tolerance
    11:18 Tip Six - Planning

  • @motolaniolaniyan
    @motolaniolaniyan 2 ปีที่แล้ว +3

    Thank you Reni! I have a lot to do before I start investing 😅
    Yes pleeeease to a video on your fave personal finance books ☺️

    • @xoReni
      @xoReni  2 ปีที่แล้ว

      It can be overwhelming but just take it step by step, you've got this 💞 & okay will add it to my list!! Thank you for watching!

  • @michaelcoker8067
    @michaelcoker8067 ปีที่แล้ว

    Creating an emergency fund before is so underrated and the fact that you mentioned that its not a "Savings acct" keeps ringing in my ear. And the point 6 about having a plan is rally helpful, one time I just wanted to invest because it seemed cool (without developing a standard plan). You're the real MVP Reni 🤟

    • @xoReni
      @xoReni  ปีที่แล้ว

      Soooo underrated! The level of comfort you even get from knowing you have an emergency fund is unmatched.

  • @mikeyantwi6857
    @mikeyantwi6857 2 ปีที่แล้ว +2

    Investing in yourself is so so critical! Great list Reni 🙌🏾

    • @xoReni
      @xoReni  2 ปีที่แล้ว

      It really is! Thanks Michael!

  • @KLUDUP
    @KLUDUP 2 ปีที่แล้ว +2

    Brilliant tips Reni 👌🏾

    • @xoReni
      @xoReni  2 ปีที่แล้ว

      Thank you 😊

  • @worldstudios2091
    @worldstudios2091 2 ปีที่แล้ว

    Reni kindly do a video on the financial books you read.i believe its one of the ways anybody listening to you can level up since they have your blog to listen to and your videos to watch as well as the books you read to really invest in themselves or at least myself

    • @xoReni
      @xoReni  2 ปีที่แล้ว

      Yes I will do that!

  • @alexandraihugba7885
    @alexandraihugba7885 2 ปีที่แล้ว +1

    I'm so wowed by the contents you bring on, I'm glad I found you.
    Please I'd like to know the books you recommend for financial knowledge.

    • @xoReni
      @xoReni  2 ปีที่แล้ว +1

      Thank you Alexandra 🤍🤍 you are too kind!!

  • @Tonietones
    @Tonietones 2 ปีที่แล้ว +3

    I remember your dad said the first thing to do before investing in the stock market is to pay off your debt.

    • @xoReni
      @xoReni  2 ปีที่แล้ว +2

      Sooo important!

  • @musiclover1429
    @musiclover1429 2 ปีที่แล้ว

    Can you please share what books and the name of the podcasts. That would be great!

    • @xoReni
      @xoReni  2 ปีที่แล้ว

      coming up!

  • @NobleTenz
    @NobleTenz 2 ปีที่แล้ว

    Emergency fund would be 3-6 months of income correct

    • @xoReni
      @xoReni  2 ปีที่แล้ว +1

      3-6 months of expenses - so how much does it cost you to live per month then multiply by 3-6

  • @ketsiakabamba2757
    @ketsiakabamba2757 2 ปีที่แล้ว

    Love your vids! Taking a hiatus from ig and I feel like I’m not maximizing on your content 😅

    • @xoReni
      @xoReni  2 ปีที่แล้ว

      Aw thank you Ketsia 🥰

  • @NobleTenz
    @NobleTenz 2 ปีที่แล้ว

    Would safer investment include things like index and mutual funds? Don’t put all nest eggs in one basket, or something like tht:)

    • @xoReni
      @xoReni  2 ปีที่แล้ว +1

      Yesss you got it! ETFs too.

  • @a.firelighter
    @a.firelighter 2 ปีที่แล้ว +2

    After all your reels saying today is the time to invest, you wanna tell me this nowwww? 😭😩

    • @a.firelighter
      @a.firelighter 2 ปีที่แล้ว

      Haha jk jk I did all these thankfully, based on your other vids on TH-cam! But I literally signed up for wealth simple the night before things went crazy 🥲 Glad I knew my risk tolerance and started small though

    • @xoReni
      @xoReni  2 ปีที่แล้ว +1

      Which one are you missing darling 😭