Have any of you been guilty of these bad investing habits? Let me know in the comments below. With current events dramatically affecting the stock market, it's important now more than ever to get inspired by some of the best investors in the world with my free guide: bit.ly/2IWg0jE
I feel like I can not really throw my money too badly now. I am trying to sell my 5 tesla stocks that I bought for like $35 profit now tho, for I hope to put it somewhere else. Perhaps I will keep enough of that left on my account to rebuy them if they go down to, say 350. I have only been looking at stocks for a week. Thinking that this surely must be one of the best times to test my luck. As long as things go back to normal, I imagine I can not do much wrong. ... So naturally I bough some cruise stocks and a bunch of hotel stocks. :p The prices to trade into america is a bit high for me tho, so I will probably just stick to europe where I do not need to pay $10 per every time I buy and $10 every time I sell a bunch of stocks.
I love this man, a true seasoned investor that everyone should listen to. Don’t watch the other channels with 20 yr kids like Nate Obrien and Marko who haven’t grown pubes yet but lecturing how they were successful in investing and sharing their plan on how to retire at 30.
I had the honor and privilege to attend a Rule 1 seminar in Georgia a few weeks ago. Without a doubt Phil Town and his team of coaches are giving out free gold (knowledge) to the masses. I appreciate everything I was shown. I am already benefiting from my gained knowledge during this crazy market downturn. Phil Town, you and your team rock!!!
That awkward moment when the crash that Phil has been telling us to wait for finally happens, but his content doesn't even reference it. Phil - talk to us about the current times!
@@prashunpcchakraborty70 No, he never made any predictions of a market crash or downturn. What he did in previous videos is how to look for good companies and get ready to buy when they go on sale. When it rains, use a bucket not a thimble. If you want to see predictions look at this, and others like it: th-cam.com/video/Ffmyxk0eMSY/w-d-xo.html
Loved your rule one book! This is an amazing time to read up on management and see what they’re saying. One company I researched told the public that it’s ceo volunteered to have his next few months salary withheld and instead spent on his vulnerable employees to help them survive this economic downturn. What a jockey!
I am an absolute beginner in investing. Ive had a little bit of money in the market since the 16th of this month. I am trying to learn all I can. I have listened to several interviews with Warren Buffett. I find the advice you're giving here to be very good. Straightforward and common sense. Thank you very much for sharing this. I am super excited to begin putting these steps into practice!
Investing and making money is really easy. I thought it was complicated and risky. Just invest in mutual funds. You can look at fund performance averages and just pick something. This year was really good. There are mutual funds that actually had 114% yes 114% returns!! Mine have averaged 22% over 3 years. I started with a large inheritance. I was going to pay an investor but they said the best they could forecast is about 8%. I said forget that. I will just do it myself.
7:45 man that was true last year but even warren buffett wasnt buying... so i didnt either...not until that summer! The problem is when you get these huge sales, no one wants to buy because something is causing the panic...even ppl with lots of cash tend to stay on the sidelines until theres more certainty...at which point the price usually increases substantially.
I think one of the biggest bad habits is to buy any “good” company at anytime using DCA which we know is a marketing trick that make you lose money. I’ve seen hundreds of newbie investors using the long term argument to validate DCA, and repeat exactly what you’re saying in this video, they even use Wareen Buffet quotes to push DCA. I don’t know if you have a video on that, but if not it would be great. So many investors are not understanding at all what is a long term investment.
I'm new to Stock Market. I am guilty to all this bad habits. Safe to say I am a quick learner because I manage to catch, and get rid of it. I lost almost 50% of my Capital on my 1st year of Trading. All I need to do is never do those mistakes ever again. I hope to get all my money back, and earn more with the 2020 Market Crash.
Hello sir, I am Santosh Jethwani from India, I invested for the first time yesterday that is 9th April'20, and as you discussed about reading habit's of anything we like or our portfolio, can lead to investments. I truly believe in your thought process and will keep reading habit for rest of my life to secure myself and family.
Maths teacher with no investment expertise reviewing investment options relatively late in my life at nearly 60. Enjoyed the honest clarity and expertise in this video - thank you!
Thanks Phil, A lot of great bargains out there right now due to the " the event " how ever, need to do research to avoid the falling knives and value traps!
Buy put options when the market crashes. Every time you gain a large profit, role it over into more put options. Repeat until market bottoms. Then buy long dated call options with your previous profits.
Thanks for this video. My friends (who are a handful of years younger than me) are day trading this volatility right now and I feel like an old fuddy duddy cuz I am a buy and hold long term relationship type of gal. Haha! This is the affirmation I need even though I've read all the books by and/or about Benjamin Graham and Warren Buffett. It's hard to keep the course when peers are speculating and talking about their gains with such fervor. I appreciate you sounding like a nice, supportive, knowledgeable uncle who reassures me that the old fashioned way still applies.
Yes phil, I was constantly looking for short term benefits and i knew i was doing wrong. Thanks for the boost which i will now correct in myself from now on! #LoveFromINDIA, #StaySafe
When I was new to investing i bought bitcoin in 2018 for 8k I sold it around 5k and then it went 3k, I lost almost 40% of my money. If I hold till 2019 bitcoin went 12k. I bought BCH on 89 usd but sold it in 155s if I hold longer bch from 80s to 400. Long term is really effective.
Maybe checking my stocks everyday might also be a bad habit, encouraging a short-term mindset? What do you think, would it be patient or negligent to treat them like a time capsule?
I was really hoping you would make a video about the current situation? Pandemic? Stock market crash? Isn't one of the events you wait for happening right now?
I would be interested in knowing how well does he perform against the s&p500. In my experience, over long term, index investing wins because it gives you consistency on average and the peace of mind you need to go big rather than try to time the market and not always get it right.
PERSONALLY, I think waiting it out is more directed towards people who are buying individual company stocks and manually building their own portfolio that way.. If your plan is investing in index funds like VOO or VTI then trying to wait it out isnt the absolute best idea. Yes, the market just went down with the current illness going around but who in the world could have predicted this black swan event to occur ? Timing the entire market and index funds is different from trying to time an individual company. Right now we're in the situation where the market is down but this us because the majority of these individual companies is down as well, so right now is a perfect time to invest in individual stocks and/or index funds. Keep in mind that individual stocks have much more volatility though
How about: “you were completely oblivious about THE key piece of the puzzle for your entire life” 🙂 - I believe this nails it and explains all the troubles to-date as the root cause ... thanks tho Phil 😉
+ you’ve seen me in “I care” mode - now I’m mad enough to be in “I bury you” mode, so I suggest you oblige and align with the course I’ve given and we’ll move on + debts will be paid one way or another - that I’ll make sure of
if you want to buy value stock wait for market crash , then you have chance to buy valued stock. investing a long term strategy, the time (months or years) created money, that cash you hold, some portion of cash should be in market all the time, some portion of cash you should wait for crash, At that time you have plenty of good company with good value to buy.
With 20/20 hindsight we can say that Chipotle's was going to bounce back but at the time how could we know that? Frankly it shocked me that companies with similar business models such as Pancheros (which frankly produces a superior product) were unable to capitalize on Chipoltle's downturn and permanently supplant its position in the market.
Thank you for the video! To answer your question...yes! Yes! And yes! I’ve been repeatedly guilty. I’ve learned from some of my mistakes and had to repeat others and am learning them now. Thanks again!
Right now people should be taking advantage of these low stock prices. EPR properties seem like a great investment. I lost faith in pimco dynamics but I'm holding on.
You could earn more if you Shorted companies affected by the Pandemic. Once resistance is showing, use the money you earned from shorting to buy the stock at its lowest.
This is the best time to invest your money and the worst time to lose your funds. Quit gambling in the stocks markets and reach out to a trusted investment firm. I just bought and moved into a $12m house during this lockdown.
That's amazing, but it's so difficult to pick the right stocks to invest, I lost over $500k during this similar crash in 2008. Most people invest blindly this period, there will be a lot of “had I known" after all this.
I never knew investing could be this profitable, they are really dedicated to accelerate the growth of their clients portfolio. They turn your passive investment into active and growing wealth.
Thank you for posting such high-quality videos. Straight and to the point and without any brohuaha the rest of the "wannabe investors" aka speculators out there.
Thanks for the refresher course, its time now lots of companies on sale. May go down, buy more then. I've had some of your courses, been waiting for our event. They just announced a treatment for the virus, Hydroxycloroquine and Azythromiacine. Been watching this develop for a few days. A trial in France. Its being used in NY now. 6 days to recovery. Thanks for giving me the strength to trust in my self.
The CMG example is quite oversimplifying what happened at the business. A lot of operational changes were made in order to drive share price recovery. Point being there are massive differences between an idiosyncratic event vs a broader fear based market selloffs
Regarding no. 3, Domino's getting cancelled in the U.S is a good event to buy the stocks cheap. Was thinking about doing so if I could, but you guys go ahead.
Many of the really good companies, in spite of the crash, are still not "on sale" by the standards Phil Town gives. It's frustrating. PE ratios are still pretty high in a lot of these companies even when the price plummeted 20 - 30%.
Forget about Phil's "standards". They are outdated. That's what happens to all the indicators people find that seem to work, but then they don't anymore, because market is dynamic and changes all the time.
Hi Phil! Great video again ... as usual! MOS PRICES are all around at the moment, so I'm having a hard time to "walk by" all those stocks on discount at the moment even if they are not perfect! People will still need insurance, buy a car or a house, need to go to healthcare facilities once the "Corona event" is over so chances to hit a bargain are very high at the moment!
Feel like investing in stock for a restaurant with health concerns could be considered risky rather than a prudent long term strategy. There’s often reasons prices collapse - and that doesn’t mean they’re coming back, even if fundamentals don’t change.
We should really start focusing on what's essential. Water companies. Waste management companies. Hydrogen companies. Graphene companies. Vanadium companies. Those are just a few of the sectors that will prosper in the long run. $AWK, $LNN, $XYL, $WM, $AGM, $NEL, $BMN.
If you're looking for a Discount, travel related companies are your best bet like Cruise or Airlines. Just make sure its a Blue Chip company and has a Great Track Record. Do not use all your capital in One Purchase. Divide it for every Dip in Price (Ex. Buying for every $3-5 dip). This strategy do not apply if the company is already in their all time low and is under resistance. Resistance means the company have solutions to prevents its stock price from going too low. It does not go up nor down, but rather waiting for the Fear to disappear.
By keeping my investment money as cash and waiting for the right prices, I could also miss out on capital gains from buying an index each month and dollar cost averaging. Do we think it is sensible to still buy into an index each month for this reason?
Starting out in these markets without proper guidance could mean FAILURE, From my own point of view, you need to invest smartly, if you need the good things of life. i made over $240,000 in four months. from my diversified portfolio strategy and i believe anyone can do it you have the right strategy. mutual funds takes long time but investing smartly is the key for short term.i am lucky still stay well afloat in this red market, i'm looking forward to the bull run that would follow when the cure is found. hopefully very soon.
@Greg Wilson I see any market condition as an opportunity as i was thought by investment adviser, i made over $34k after the last stock market crash. Having a good entry and exit strategy will make you succeed in the market.I use to things on my own but wasn't satisfied with my result, so i contacted the service of SEC regulated investment adviser.She helped and diversified my portfolio and i have been seeing great returns since then.
@Aaron John Picking the best stocks requires a lot factors and seems daunting most times, Succeeding in this market has a lot to do with your money management skill and investment experience.
@Greg Wilson her name is 'Caroline Kelly Sarin, i found her on a CNBC broadcast where she was featured.look her up on the internet and leave her message she's quite popular for her service she was recently featured on Bloomberg.
@@confersappington8283 Thank you for the information, i just researched her accreditation and qualifications on FINRA and SEC,she seems really solid I'd go ahead and leave her a message also.
Props to Phil for still keeping it straight. Everyone knows whats going on. Im def surprised he didnt even mention covid but its freshing and doesnt or shouldnt change our strategies.
Something is wrong with the sign up form... there’s no date to choose from. Can you help me with this? I’d like to jump in on one of your three day courses
I have just started investing , my capital is very low I keep track on the stocks for example I just purchased some shares of Ford and not sure if that’s a good investment for the long run since the automotive industry has been hit very hard and at 5 a share i am not sure if a year from now we will be able to recover
Phil, thank you for the video. What do you think about American Airlines. The stock price dropped significantly over the last two months currently sitting at $11.58. Given its heavy debt balance, do you still think it is a good stock to pick up?
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I haven't seen oil this low in ages, to me it wouldn't be a bad idea if ur making a long term investment, short term my struggle for awhile. I started buying into several oil companies in the last couple weeks since I just can't picture gas/oil being this cheap for more than a couple months. Tho it's just my opinion but I'll keep adding to more to my portfolio
Hi Phil, new to investing and hoping to learn as much as possible. Bought intelligent investor and took the td ameritrade fundamental analysis, besides watching these videos could you recommend any books or literature to enhance one's knowledge on investing. Also signed up to bloomberg magazine.
I have learned a lot from you and I thank you for it but I’m thinking this video is old and I hope you tell us what’s your opinion now with all of this and if you think we hit the bottom. Thanks
Hello Phil, thank you for the great video. Would you consider creating a video that talks about what you are looking at now that certain stocks such as Beyond Meat are reaching very low levels due to Coronavirus? Thank you
@@sharoniles9545 Every company that lost so much in value automatically gets a lawsuit. That is like an automated program that wakes up the stock police. What you need to look at are the fundamentals. My personal opinion on BYND, it's bad for about 1-2 yrs but if your looking at 5-10 yrs its a great investment.
My Personal Opinion, it's too volatile and that's no different from gambling. If you are going to invest in BYND for 1-2yrs, that's all Luck whether you earn or lose money. However looking at the fundamentals, investing at 5-10 yr range makes BYND a good buy. Take in mind there is a VERY HIGH possibility BYND will be bought by a bigger company, and that is the reason people have it on their portfolio. If you had the patient to wait for a merger or acquisition, go invest. If your looking at the 2020 Market Crash, I suggest you look at those DIRECTLY affected by the pandemic. Example are Cruise or Airlines. Do some research and you will find Blue Chip Companies that are the most affected by the dip. Those are your best bet, and don't forget to use leverage.
I have really cooled down on Uber as well. I’m not getting into the passenger compartment of some stranger’s car if I don’t need to. Besides, gasoline will be about $1.25 /gal by July 4th.
Yeah i am guilty for rule #1 Short-term gains. That is because i have a small investing capital < 1000 dollars and about 100 dollars monthly deposit. So i should invest now and wait for diviends and stocks to come back up or keep swing trading and then what?
Bad habits of investors? 1. Buying individual stocks exclusively. 2. Spamming social media to pump their chosen stocks. 3. Defending their chosen stocks when confronted with poor outcomes. TL;DR, people who get passionate about individual stocks are the worst investors.
If you notice Phil relayed his video towards his expertise. Where other financial channels are calling this a Covid19 as a overdrawn activity by the media. The thing is they are not experts in the field of virology. They barely talked about buying more shares at Rock bottom prices.
My personal Opinion, investing turns into a "another day at work" negative mentality if you make it a full time career. Real Money from investment comes from compounding, meaning extremely long term (5-10 yrs) before big money will start showing up. Just do it on the sideline and be consistent. Having multiple source of income creates the most wealth. Remember your favorite food will not be your favorite anymore if you eat it everyday.
Hello Phil, I am from Philippines. I am sorry for this newbie question but do you know how can I create a trading account? Some banks offer an online application but I assume I have to pay a good percentage of my investment to them and make them more rich. How to play in the stock market directly? Thanks!
I know I have bad investing behavior I tend to jump from stock to stock sometimes even liquidating multiple stocks to supply the new found stock lol thinking once I made fast money on that fast growing cheap stock I can come back to the previous stocks I took out my money lol sometimes it only takes me 1-30min to look at a stock and get convince its gonna go up or down just looking at the graphs and news lol
Once you get a position in a company when do you decide to sale your holdings ? Even if everything seems alright, you cannot just keep your holdings for ever, right?
Alot of people will just hold forever, if it's a decent dividend stock it will pay for itself over time and u will still have the shares to sell at the end. Tho I wish I would have been smart enuf n sold all my 401k investments a month ago before the market crapped out😂
New viewer. I am thinking about subscribing, just curious about the information you'll give. Without going into detail (you said reading is key to learn), I bought a couple of shares in Mylan and a few in Alerian. What are your thoughts about these, and to answer your question? I just started trusting myself to invest into theq market, so im fresh in this. I hear a lot about bad habits, and I do tons of research to make sure I can at least make a half-educated guess.
One of the best videos of yours - although I have a fairly good investment strategy, and no youtube channel as such. Someday if you want to make something out of the Indian markets, we can collaborate. Thanks for working hard to improve the lives of small investors.
Have any of you been guilty of these bad investing habits? Let me know in the comments below.
With current events dramatically affecting the stock market, it's important now more than ever to get inspired by some of the best investors in the world with my free guide: bit.ly/2IWg0jE
Rule 1 Toolbox is my best friend! It's the first thing I check when looking for wonderful companies.
Hi Phil, I'm a beginner and currently I see that the hospitality Industry is good to start for investing at the moment .. What do you think?
Phil Town's Rule #1 Investing I sold everything go down. Anyway I will buy again
Phil Town's Rule #1 Investing ok. Habits. Nice ....🤒🤒🤒🤔🤔🤔so what do you think of the COVID downturn. Depression now. 🤒🤒🤒🤒🤯🤯😳😳😬😬🤮🤢🤕🤕🤒😷😷😷😷😷😷😷
I feel like I can not really throw my money too badly now. I am trying to sell my 5 tesla stocks that I bought for like $35 profit now tho, for I hope to put it somewhere else. Perhaps I will keep enough of that left on my account to rebuy them if they go down to, say 350.
I have only been looking at stocks for a week. Thinking that this surely must be one of the best times to test my luck. As long as things go back to normal, I imagine I can not do much wrong.
... So naturally I bough some cruise stocks and a bunch of hotel stocks. :p The prices to trade into america is a bit high for me tho, so I will probably just stick to europe where I do not need to pay $10 per every time I buy and $10 every time I sell a bunch of stocks.
1. Invest long term
2.do your research
3.not watching news.
You're welcome. Great content still watch it
Thank you! I do like his videos but they get repetitive after a while
@@jcrodriguez6324they’re amazing for practice
Well... we're having quite an event right now.
I love this man, a true seasoned investor that everyone should listen to. Don’t watch the other channels with 20 yr kids like Nate Obrien and Marko who haven’t grown pubes yet but lecturing how they were successful in investing and sharing their plan on how to retire at 30.
Be patient is the hard thing to do...naturally we don't like waiting...
I had the honor and privilege to attend a Rule 1 seminar in Georgia a few weeks ago. Without a doubt Phil Town and his team of coaches are giving out free gold (knowledge) to the masses. I appreciate everything I was shown. I am already benefiting from my gained knowledge during this crazy market downturn. Phil Town, you and your team rock!!!
That awkward moment when the crash that Phil has been telling us to wait for finally happens, but his content doesn't even reference it. Phil - talk to us about the current times!
This, if I was Phil I would be tooting my horn about this very accurate prediction he surely is a bigger man than me won't overdo it hehe
They cant mention it cuz the video gets demonitized.
@@roslolian11 Exactly this ^^^^^^^^
Wahh Bangali Babu
@@prashunpcchakraborty70 No, he never made any predictions of a market crash or downturn. What he did in previous videos is how to look for good companies and get ready to buy when they go on sale. When it rains, use a bucket not a thimble.
If you want to see predictions look at this, and others like it:
th-cam.com/video/Ffmyxk0eMSY/w-d-xo.html
Single mom of two! Started my journey .... keep going with these advice ... it’s calming me down .. thank you!
Keep your focus. Dont panic. Keep buying
collecting alimony to fund ur investment?
Takashi nope & no child support either - just me doing it all, although I’m truly blessed to have my wonderful children
@@TakashiNippon if she was alimony is her money......
Pat Boland we’ve got an ass on our hands.
Loved your rule one book! This is an amazing time to read up on management and see what they’re saying. One company I researched told the public that it’s ceo volunteered to have his next few months salary withheld and instead spent on his vulnerable employees to help them survive this economic downturn. What a jockey!
I am an absolute beginner in investing. Ive had a little bit of money in the market since the 16th of this month. I am trying to learn all I can. I have listened to several interviews with Warren Buffett.
I find the advice you're giving here to be very good. Straightforward and common sense.
Thank you very much for sharing this.
I am super excited to begin putting these steps into practice!
Seeking Alpha has good stuff to read
Investing and making money is really easy. I thought it was complicated and risky.
Just invest in mutual funds. You can look at fund performance averages and just pick something.
This year was really good. There are mutual funds that actually had 114% yes 114% returns!!
Mine have averaged 22% over 3 years. I started with a large inheritance. I was going to pay an investor but they said the best they could forecast is about 8%.
I said forget that. I will just do it myself.
7:45 man that was true last year but even warren buffett wasnt buying... so i didnt either...not until that summer! The problem is when you get these huge sales, no one wants to buy because something is causing the panic...even ppl with lots of cash tend to stay on the sidelines until theres more certainty...at which point the price usually increases substantially.
Recently finished reading Invested. Great read, I learnt a lot. You're an interesting cat Phil, you were ahead of the curve on a lot of things!
I think one of the biggest bad habits is to buy any “good” company at anytime using DCA which we know is a marketing trick that make you lose money. I’ve seen hundreds of newbie investors using the long term argument to validate DCA, and repeat exactly what you’re saying in this video, they even use Wareen Buffet quotes to push DCA. I don’t know if you have a video on that, but if not it would be great. So many investors are not understanding at all what is a long term investment.
Advice for the average person:
Mistake #1. You didn't buy index funds an hold onto them.
Mistake #2. You didn't listen closely enough to #1.
So you didn't even watch the video
Crude oil ETF's should see some nice gains in a year or two.
I'm new to Stock Market. I am guilty to all this bad habits. Safe to say I am a quick learner because I manage to catch, and get rid of it.
I lost almost 50% of my Capital on my 1st year of Trading. All I need to do is never do those mistakes ever again.
I hope to get all my money back, and earn more with the 2020 Market Crash.
Hello sir, I am Santosh Jethwani from India, I invested for the first time yesterday that is 9th April'20, and as you discussed about reading habit's of anything we like or our portfolio, can lead to investments. I truly believe in your thought process and will keep reading habit for rest of my life to secure myself and family.
Maths teacher with no investment expertise reviewing investment options relatively late in my life at nearly 60. Enjoyed the honest clarity and expertise in this video - thank you!
You are allowed to say "I told you so!" - but I know you won't. Thanks for the great content, Phil!
Thanks Phil,
A lot of great bargains out there right now due to the " the event " how ever, need to do research to avoid the falling knives and value traps!
Buy put options when the market crashes. Every time you gain a large profit, role it over into more put options. Repeat until market bottoms. Then buy long dated call options with your previous profits.
Thanks for this video. My friends (who are a handful of years younger than me) are day trading this volatility right now and I feel like an old fuddy duddy cuz I am a buy and hold long term relationship type of gal. Haha! This is the affirmation I need even though I've read all the books by and/or about Benjamin Graham and Warren Buffett. It's hard to keep the course when peers are speculating and talking about their gains with such fervor. I appreciate you sounding like a nice, supportive, knowledgeable uncle who reassures me that the old fashioned way still applies.
Your friends gonna lose their paints. Everyone loses long term day trading eventually, or just make pennies at best.
Needs to have a big boat to protect it. Sounds like hes saying buy carnival.
1 second ago
Yes phil, I was constantly looking for short term benefits and i knew i was doing wrong. Thanks for the boost which i will now correct in myself from now on! #LoveFromINDIA, #StaySafe
Thx. I needed to hear this again! So much fear right now.
Thanks for your sage advice. I was rattled by the recent "crash," but I know that I thoroughly did my research and just held on.
When I was new to investing i bought bitcoin in 2018 for 8k I sold it around 5k and then it went 3k, I lost almost 40% of my money. If I hold till 2019 bitcoin went 12k. I bought BCH on 89 usd but sold it in 155s if I hold longer bch from 80s to 400. Long term is really effective.
Bitcoin have no value
Today is not the right time to abandon bitcoin. Not yet.
@tdot22 tell me more
How do you value a company; know if it has good management and a moat?
I’ll also say the fear of missing out but you explain it in an other way. Good advice
Maybe checking my stocks everyday might also be a bad habit, encouraging a short-term mindset? What do you think, would it be patient or negligent to treat them like a time capsule?
Just buy with a margin of safety. Then go play!
I tend to do that aswell, it leads to buying more shares whenever I see the price below my average cost for that share😔
I was really hoping you would make a video about the current situation? Pandemic? Stock market crash? Isn't one of the events you wait for happening right now?
He makes these videos in advance, like a month ago. He'll release a Covid video next month when the whole thing is over. Lol
Check out his podcast.
I would be interested in knowing how well does he perform against the s&p500. In my experience, over long term, index investing wins because it gives you consistency on average and the peace of mind you need to go big rather than try to time the market and not always get it right.
PERSONALLY, I think waiting it out is more directed towards people who are buying individual company stocks and manually building their own portfolio that way.. If your plan is investing in index funds like VOO or VTI then trying to wait it out isnt the absolute best idea. Yes, the market just went down with the current illness going around but who in the world could have predicted this black swan event to occur ? Timing the entire market and index funds is different from trying to time an individual company. Right now we're in the situation where the market is down but this us because the majority of these individual companies is down as well, so right now is a perfect time to invest in individual stocks and/or index funds. Keep in mind that individual stocks have much more volatility though
5:33 I think you meant BUYING at a big discount, right?
Yamz. I thought the same, but I think he said that the company was selling at a discount. Which is the same for us buyers 😊
Change the read part google and 100% TH-cam everything this is the future learning tool
How about: “you were completely oblivious about THE key piece of the puzzle for your entire life” 🙂 - I believe this nails it and explains all the troubles to-date as the root cause ... thanks tho Phil 😉
+ you’ve seen me in “I care” mode - now I’m mad enough to be in “I bury you” mode, so I suggest you oblige and align with the course I’ve given and we’ll move on + debts will be paid one way or another - that I’ll make sure of
if you want to buy value stock wait for market crash , then you have chance to buy
valued stock.
investing a long term strategy, the time (months or years) created money, that cash
you hold, some portion of cash should be in market all the time,
some portion of cash you should wait for crash, At that time you have plenty of good
company with good value to buy.
“Event” such as covid 19? Thanks for allowing us to realise that ourselves :)
With 20/20 hindsight we can say that Chipotle's was going to bounce back but at the time how could we know that? Frankly it shocked me that companies with similar business models such as Pancheros (which frankly produces a superior product) were unable to capitalize on Chipoltle's downturn and permanently supplant its position in the market.
Thank you for the video! To answer your question...yes! Yes! And yes! I’ve been repeatedly guilty. I’ve learned from some of my mistakes and had to repeat others and am learning them now. Thanks again!
Right now people should be taking advantage of these low stock prices. EPR properties seem like a great investment. I lost faith in pimco dynamics but I'm holding on.
You could earn more if you Shorted companies affected by the Pandemic. Once resistance is showing, use the money you earned from shorting to buy the stock at its lowest.
This is the best time to invest your money and the worst time to lose your funds. Quit gambling in the stocks markets and reach out to a trusted investment firm. I just bought and moved into a $12m house during this lockdown.
That's amazing, but it's so difficult to pick the right stocks to invest, I lost over $500k during this similar crash in 2008. Most people invest blindly this period, there will be a lot of “had I known" after all this.
Yeah that's true most people are definitely gambling right now. It's best to have a pro take over the wheels and ease yourself the stress.
I met with my broker Mr Shawn Nicholas and he told me about the investment firm he works for. I bless the day I met him.
I never knew investing could be this profitable, they are really dedicated to accelerate the growth of their clients portfolio. They turn your passive investment into active and growing wealth.
Investing is the key.
Invest in the future and worry less about retirement.
The future starts today.
Thank you for posting such high-quality videos. Straight and to the point and without any brohuaha the rest of the "wannabe investors" aka speculators out there.
The EVENT is pretty obvious now!
How can know the strategy of some company to attract investor?
Thanks Phil.
Is this a re-run? I kinda remember this :) "2019, right now price is 800+:; No matter sound advice as always. Thank you, Phil!
How do you buy stock? There are lots of options to choose from $1-ect.
Thanks for the refresher course, its time now lots of companies on sale. May go down, buy more then. I've had some of your courses, been waiting for our event. They just announced a treatment for the virus, Hydroxycloroquine and Azythromiacine. Been watching this develop for a few days. A trial in France. Its being used in NY now. 6 days to recovery. Thanks for giving me the strength to trust in my self.
The CMG example is quite oversimplifying what happened at the business. A lot of operational changes were made in order to drive share price recovery. Point being there are massive differences between an idiosyncratic event vs a broader fear based market selloffs
Thx
Regarding no. 3, Domino's getting cancelled in the U.S is a good event to buy the stocks cheap. Was thinking about doing so if I could, but you guys go ahead.
Many of the really good companies, in spite of the crash, are still not "on sale" by the standards Phil Town gives. It's frustrating. PE ratios are still pretty high in a lot of these companies even when the price plummeted 20 - 30%.
Forget about Phil's "standards". They are outdated. That's what happens to all the indicators people find that seem to work, but then they don't anymore, because market is dynamic and changes all the time.
Amazon wasn’t even close to “on sale” when I bought it for $270/share in 2013. Enough said.
@@joefunk76 hey good point. Thanks.
And just wait til earnings start dropping. P/E through the moon.
@@ableasdale2000 That's right. I saw that on the historical S&P pe chart for 2009
Great learning.Love from India.
Great videos! What are some stocks that you are currently planning to invest in?
Hi Phil! Great video again ... as usual! MOS PRICES are all around at the moment, so I'm having a hard time to "walk by" all those stocks on discount at the moment even if they are not perfect! People will still need insurance, buy a car or a house, need to go to healthcare facilities once the "Corona event" is over so chances to hit a bargain are very high at the moment!
Feel like investing in stock for a restaurant with health concerns could be considered risky rather than a prudent long term strategy. There’s often reasons prices collapse - and that doesn’t mean they’re coming back, even if fundamentals don’t change.
Hey Phil! What compagnies are you looking to buy right now?
We should really start focusing on what's essential. Water companies. Waste management companies. Hydrogen companies. Graphene companies. Vanadium companies. Those are just a few of the sectors that will prosper in the long run. $AWK, $LNN, $XYL, $WM, $AGM, $NEL, $BMN.
omni 1 Do nothing. WAIT.
If you're looking for a Discount, travel related companies are your best bet like Cruise or Airlines. Just make sure its a Blue Chip company and has a Great Track Record.
Do not use all your capital in One Purchase. Divide it for every Dip in Price (Ex. Buying for every $3-5 dip). This strategy do not apply if the company is already in their all time low and is under resistance.
Resistance means the company have solutions to prevents its stock price from going too low. It does not go up nor down, but rather waiting for the Fear to disappear.
By keeping my investment money as cash and waiting for the right prices, I could also miss out on capital gains from buying an index each month and dollar cost averaging. Do we think it is sensible to still buy into an index each month for this reason?
Starting out in these markets without proper guidance could mean FAILURE, From my own point of view, you need to invest smartly, if you need the good things of life. i made over $240,000 in four months. from
my diversified portfolio strategy and i believe anyone can do it you have the right strategy. mutual funds takes long time but investing smartly is the key for short term.i am
lucky still stay well afloat in this red market, i'm looking forward to the bull run that would follow when the cure is found. hopefully very soon.
@Greg Wilson I see any market condition as an opportunity as i was thought by investment adviser, i made over $34k after the last
stock market crash. Having a good entry and exit strategy will make you succeed in the market.I use to things
on my own but wasn't satisfied with my result, so i contacted the service of SEC regulated investment adviser.She helped and diversified my portfolio and i have been seeing great returns since then.
@Aaron John Picking the best stocks requires a lot factors and seems daunting most times, Succeeding in this market has a lot to do with your money management skill and investment experience.
@Greg Wilson her name is 'Caroline Kelly Sarin, i found her on a CNBC broadcast where she was featured.look her up on the internet and leave her message she's quite popular for her service she was recently featured on
Bloomberg.
I have come across this Caroline adviser in article and they spoke so highly of her and her loss proof strategy.
@@confersappington8283 Thank you for the information, i just researched her accreditation and qualifications on FINRA and SEC,she seems really solid
I'd go ahead and leave her a message also.
Props to Phil for still keeping it straight. Everyone knows whats going on. Im def surprised he didnt even mention covid but its freshing and doesnt or shouldnt change our strategies.
Thank you Phil, your Channel is Giving
Thank you very much!!
Something is wrong with the sign up form... there’s no date to choose from. Can you help me with this? I’d like to jump in on one of your three day courses
I have just started investing , my capital is very low I keep track on the stocks for example I just purchased some shares of Ford and not sure if that’s a good investment for the long run since the automotive industry has been hit very hard and at 5 a share i am not sure if a year from now we will be able to recover
Phil, thank you for the video. What do you think about American Airlines. The stock price dropped significantly over the last two months currently sitting at $11.58. Given its heavy debt balance, do you still think it is a good stock to pick up?
Thank you Phil, I like Apple stock
Very Helpful video! thanks for the great content
Thank you!!! Very straight forward and REAL!!!
Great advice! Thanks.
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what do you think of an overvalued market , fair valued is lost into a bubbled market
Interesting video-loved it. I tend to dollar cost average then waiting for bargain price
Phil said that to do your research and read. Where do I start reading?
Thanks...Good advice!
Should I invest on oil ?
I haven't seen oil this low in ages, to me it wouldn't be a bad idea if ur making a long term investment, short term my struggle for awhile. I started buying into several oil companies in the last couple weeks since I just can't picture gas/oil being this cheap for more than a couple months. Tho it's just my opinion but I'll keep adding to more to my portfolio
Hi Phil, new to investing and hoping to learn as much as possible. Bought intelligent investor and took the td ameritrade fundamental analysis, besides watching these videos could you recommend any books or literature to enhance one's knowledge on investing. Also signed up to bloomberg magazine.
I have learned a lot from you and I thank you for it but I’m thinking this video is old and I hope you tell us what’s your opinion now with all of this and if you think we hit the bottom. Thanks
hope you are my adviser.amazing sir.
Hello Phil, thank you for the great video. Would you consider creating a video that talks about what you are looking at now that certain stocks such as Beyond Meat are reaching very low levels due to Coronavirus? Thank you
Al Bo Caution about Beyond Meat, they may have a class action lawsuit pending against them.
@@sharoniles9545 Every company that lost so much in value automatically gets a lawsuit. That is like an automated program that wakes up the stock police.
What you need to look at are the fundamentals. My personal opinion on BYND, it's bad for about 1-2 yrs but if your looking at 5-10 yrs its a great investment.
My Personal Opinion, it's too volatile and that's no different from gambling. If you are going to invest in BYND for 1-2yrs, that's all Luck whether you earn or lose money.
However looking at the fundamentals, investing at 5-10 yr range makes BYND a good buy. Take in mind there is a VERY HIGH possibility BYND will be bought by a bigger company, and that is the reason people have it on their portfolio. If you had the patient to wait for a merger or acquisition, go invest.
If your looking at the 2020 Market Crash, I suggest you look at those DIRECTLY affected by the pandemic. Example are Cruise or Airlines. Do some research and you will find Blue Chip Companies that are the most affected by the dip. Those are your best bet, and don't forget to use leverage.
I have really cooled down on Uber as well. I’m not getting into the passenger compartment of some stranger’s car if I don’t need to. Besides, gasoline will be about $1.25 /gal by July 4th.
BM is dogshit.
Yeah i am guilty for rule #1 Short-term gains. That is because i have a small investing capital < 1000 dollars and about 100 dollars monthly deposit. So i should invest now and wait for diviends and stocks to come back up or keep swing trading and then what?
Bad habits of investors?
1. Buying individual stocks exclusively.
2. Spamming social media to pump their chosen stocks.
3. Defending their chosen stocks when confronted with poor outcomes.
TL;DR, people who get passionate about individual stocks are the worst investors.
If you notice Phil relayed his video towards his expertise. Where other financial channels are calling this a Covid19 as a overdrawn activity by the media. The thing is they are not experts in the field of virology. They barely talked about buying more shares at Rock bottom prices.
Thank you for your advisers!
You have to love America. Anybody can invest in all of the biggest companies in the world and actually make money with them. Great info thanks
*Reading is fundamental and can change your life especially when investing.* 😉
Warren buffet said chains of habits are too light to be felt until they too heavy to be broken......
How many things should I be reading I have passion for investing I want it to be my full career and I want to develop reading habits early on......
My personal Opinion, investing turns into a "another day at work" negative mentality if you make it a full time career. Real Money from investment comes from compounding, meaning extremely long term (5-10 yrs) before big money will start showing up. Just do it on the sideline and be consistent. Having multiple source of income creates the most wealth.
Remember your favorite food will not be your favorite anymore if you eat it everyday.
Hello Phil, I am from Philippines. I am sorry for this newbie question but do you know how can I create a trading account? Some banks offer an online application but I assume I have to pay a good percentage of my investment to them and make them more rich. How to play in the stock market directly? Thanks!
I know I have bad investing behavior I tend to jump from stock to stock sometimes even liquidating multiple stocks to supply the new found stock lol thinking once I made fast money on that fast growing cheap stock I can come back to the previous stocks I took out my money lol sometimes it only takes me 1-30min to look at a stock and get convince its gonna go up or down just looking at the graphs and news lol
Dollar cost averaging also works great. Now all companies are at great discounts xp
It depends on your time horizon.
Yes because we don’t know when is gonna bottom
Thank you for teaching us. Great advice. Wish I could give it a 1000 likes. In my heart I know I do.
How to determine how many shares to buy ?
My biggest mistake is number 2. I really should do more research on the companies.
It was such a valuable video!
This is basic info very useful for early investors. Could use examples, real life examples
Once you get a position in a company when do you decide to sale your holdings ? Even if everything seems alright, you cannot just keep your holdings for ever, right?
Alot of people will just hold forever, if it's a decent dividend stock it will pay for itself over time and u will still have the shares to sell at the end. Tho I wish I would have been smart enuf n sold all my 401k investments a month ago before the market crapped out😂
New viewer. I am thinking about subscribing, just curious about the information you'll give. Without going into detail (you said reading is key to learn), I bought a couple of shares in Mylan and a few in Alerian. What are your thoughts about these, and to answer your question? I just started trusting myself to invest into theq market, so im fresh in this. I hear a lot about bad habits, and I do tons of research to make sure I can at least make a half-educated guess.
TY 😊
Great advise
One of the best videos of yours - although I have a fairly good investment strategy, and no youtube channel as such. Someday if you want to make something out of the Indian markets, we can collaborate. Thanks for working hard to improve the lives of small investors.