How to Invest for Beginners (Step by Step)

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  • เผยแพร่เมื่อ 20 ต.ค. 2024

ความคิดเห็น • 200

  • @pascualcaraballo1737
    @pascualcaraballo1737 วันที่ผ่านมา +241

    Becoming a good trade takes time and patience. When i first got into trading i was liquidated twice, and lost my entire mortgage deposit. I could have given up, but decided to have a consultation with a fiduciary, and it was incredibly insightful.. 2 years later and I’m up with 850k glad i made that decision.

    • @FreddieAnderson-xd9if
      @FreddieAnderson-xd9if วันที่ผ่านมา +1

      You are right the market is really profitable if you are using a really good broker or account manager to help you out with trades or provides signals.

    • @CarmeloSargenti-dn9xb
      @CarmeloSargenti-dn9xb วันที่ผ่านมา +1

      My portfolio has been in the gutter for the entire year, so I started researching new ways to profit in the market, but everything I tried just seemed to miss the mark. Please let us know the right approach to investing and making good profits

    • @pascualcaraballo1737
      @pascualcaraballo1737 วันที่ผ่านมา +1

      I trade with the help of an expert trader, he's the backbone behind my success as a trader, his trading strategies are top notch. I’m guided by Alex Gomez

    • @tracyquartieri2
      @tracyquartieri2 วันที่ผ่านมา +1

      Alex Gomez is very resourceful and helpful to me as well. I started trading a fairly small account and i got over 200% within one month. We need more traders like him in the space to guide the teeming population of crypto enthusiasts and traders out there..

    • @leslidinnocenzo5711
      @leslidinnocenzo5711 วันที่ผ่านมา

      Wow!, I'm surprised you also trade with Alex Gomez, he's the best at what he does.

  • @StephenGardnerOne
    @StephenGardnerOne 16 วันที่ผ่านมา +44

    Vietnam has consistently demonstrated its commitment to peaceful conflict resolution, leveraging diplomacy, international law, and the United Nations to address challenges. With a deep-rooted love for peace, Vietnam continues to prioritize dialogue and cooperation, fostering a more harmonious and stable world.

    • @Felicia_Samuel
      @Felicia_Samuel 16 วันที่ผ่านมา +6

      The incompetence and corruption in this government are becoming increasingly risky and ridiculous. I sympathize with citizens who aren't getting the help they deserve.

    • @JoyWilliams-x9z
      @JoyWilliams-x9z 16 วันที่ผ่านมา +2

      I feel the same honestly. I truly sympathize with people with disabilities who aren't receiving the help from anybody. Thank you Kathy Allen for seeing my $5,000 investments growing smoothly.

    • @FlorenceSCElizabeth
      @FlorenceSCElizabeth 16 วันที่ผ่านมา +7

      Wow You just mentioned Allen Kathy Indeed, that woman has been an incredible mentor to me, imparting a deep understanding of the economy that I wish college had provided.

    • @ElizabethDaniel-
      @ElizabethDaniel- 16 วันที่ผ่านมา +5

      I agree; there are strategies for achieving solid gains regardless of economic or market conditions. However, these strategies are typically executed by experienced investment experts.

    • @Favourbbe-wh1kx
      @Favourbbe-wh1kx 16 วันที่ผ่านมา +1

      My husband and I began our investment journey with a modest $4000, and we're thrilled to have seen significant returns! Initially, I was hesitant to invest, but now I regret not starting with a larger amount.

  • @HelenGrant-o8b
    @HelenGrant-o8b 3 วันที่ผ่านมา +86

    Everyone is screaming market crash, and it's getting me worried. How can I get 50% of my $300K cash savings? I don't want to get burnt out while investing.

    • @RalphTaylor-g3e
      @RalphTaylor-g3e 3 วันที่ผ่านมา +4

      You should better diversify your portfolio to defensive assets. If you don't have good experience, you should consult with a fiduciary.

    • @CristhianPalomo-r6j
      @CristhianPalomo-r6j 3 วันที่ผ่านมา +2

      Investing in stocks can be a wise decision, especially if you have a dependable trading system that can lead to successful outcomes. Personally, I've been working with a financial advisor for about a year now. Starting with less than $200K, I'm now just $19,000 away from making half a million in profit.

    • @BruceRogers-t4q
      @BruceRogers-t4q 3 วันที่ผ่านมา +2

      Hey friend, How can I work with your financial advisor?

    • @CristhianPalomo-r6j
      @CristhianPalomo-r6j 3 วันที่ผ่านมา +6

      Her name is Caroline Suzan Olson. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

    • @BruceRogers-t4q
      @BruceRogers-t4q 3 วันที่ผ่านมา +1

      I just curiously searched her up, and I have sent her message on WhatsApp. I hope she gets back to me soon. Thank you 🙏

  • @nattyalexander
    @nattyalexander 2 หลายเดือนก่อน +32

    Thank you for the live demonstration. Many people talk about investing but never really show how. This was great!

    • @paddymurphy-oconnor8255
      @paddymurphy-oconnor8255 2 หลายเดือนก่อน +1

      And some promote platforms such as the one mentioned in this video in order to get referral rewards but it might not be in the best interest of the viewer.

    • @mbank3832
      @mbank3832 2 หลายเดือนก่อน

      and they don't word it correctly. people will say "you need this much saved in order to retire". as someone who has no investing experience, you will confused "saved" as in you bank account but no, it is in your investment account... you need to have this much saved in your investment account smh

  • @shigaxn
    @shigaxn 2 หลายเดือนก่อน +12

    As always, great video, Austin! Felt like my first day in finance kindergarten.

  • @GalaxyTabFamily
    @GalaxyTabFamily 2 หลายเดือนก่อน +23

    This is information that every parent needs to share with their young adult children.
    Conventional saving is not enough.

  • @dominicruz
    @dominicruz 2 หลายเดือนก่อน +12

    Good simple words and easy to understanding.

  • @IonelaCh
    @IonelaCh 2 หลายเดือนก่อน +19

    It's an interesting concept this from the standpoint of a frugal person. Basically, we believe in a frugal lifestyle, but invest towards wealth in the companies that rely on consumerism to grow and make the shareholders richer. The case of Amazon is very poignant in this respect. Amazon grows because people buy a lot of stuff they don't need to fullful wishes specifically designed for them by algorithms, to benefit people who are frugal and have enough money to try and secure a future of potential financial independence on the assumption that those other people will stay poor and in debt and keep buying. It's a strange world we live in.

    • @richardb5730
      @richardb5730 2 หลายเดือนก่อน +3

      Very interestingly put.

    • @loopernagic4658
      @loopernagic4658 2 หลายเดือนก่อน

      This is also in my mind. But as someone who grow on a developing country and raised to be frugal person by a poor family, I don't feel anything about it.

    • @richardb5730
      @richardb5730 2 หลายเดือนก่อน

      @@loopernagic4658 So are you saying that in spite of the way investing works, as a person raised by a poor family in a developing country, you don't really feel like it's an issue or problem?

    • @loopernagic4658
      @loopernagic4658 2 หลายเดือนก่อน

      @@richardb5730 I know it's a problem, I'm saying I don't feel anything sentimental about it.
      And what can I do about it? There's a lot of time I tried to be a good guy in my youth and nothing happens. It's hopeless with majority of people don't know anything.

    • @BigTroubleD
      @BigTroubleD หลายเดือนก่อน

      I will capitalize on those people’s mindset.
      It’s the game we have to play.

  • @brin495
    @brin495 2 หลายเดือนก่อน +3

    The live demonstration is all that I’ve wanted to see, THANK YOU!!!!!! Seriously. ❤

    • @LawrenceMill-p4w
      @LawrenceMill-p4w หลายเดือนก่อน

      I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller she could help you too

  • @rocioocampo8735
    @rocioocampo8735 2 หลายเดือนก่อน +5

    Thanks for educating us on this topic 😊

  • @plappin
    @plappin 2 หลายเดือนก่อน +5

    Top-notch video, Austin -- excellent job explaining the market in layman's terms!

  • @bullitt0713
    @bullitt0713 2 หลายเดือนก่อน +3

    Uncle Jim Bob 😂😂😂. Great video! Thank you for the education!

  • @Iammajorkey
    @Iammajorkey 2 หลายเดือนก่อน +5

    Thank you Austine. Pls we need more videos on investing 😊

    • @LawrenceMill-p4w
      @LawrenceMill-p4w หลายเดือนก่อน

      I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller she could help you too

  • @tia8489
    @tia8489 2 หลายเดือนก่อน +7

    Helpful video thank you. I just starting investing in an index fund 2 weeks ago. Left it a bit late at 35 years old but here goes. It's so scary but exciting 😅

    • @irmapatino167
      @irmapatino167 2 หลายเดือนก่อน

      I feel the same way!!

    • @miguelcordova9269
      @miguelcordova9269 2 หลายเดือนก่อน

      Great content brother! ❤

    • @quatie
      @quatie 2 หลายเดือนก่อน

      Me too, started a couple of weeks ago at 43 🤷

    • @CorrieHood
      @CorrieHood 2 หลายเดือนก่อน

      42 here

    • @LawrenceMill-p4w
      @LawrenceMill-p4w หลายเดือนก่อน

      I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller. She could help you too

  • @Luncheon23
    @Luncheon23 2 หลายเดือนก่อน +2

    Lately I have taken to downloading your videos here on TH-cam premium so I can watch them again later at my convenience 😊 thanks for the great content as usual Agustin.

    • @LawrenceMill-p4w
      @LawrenceMill-p4w หลายเดือนก่อน

      I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller she could help you too

  • @disruptapps
    @disruptapps 2 หลายเดือนก่อน +2

    Ah ha! I had a feeling you were going to do investing videos! Nice!

    • @ElAgustin
      @ElAgustin  2 หลายเดือนก่อน

      Loading up on them evergreen videos!

  • @benleonard5439
    @benleonard5439 2 หลายเดือนก่อน +2

    Thanks for this. Occasionally, i have to remind myself why i'm putting money away for a long time and up pops your video 😂 . Regards from Ireland 🇮🇪

    • @LawrenceMill-p4w
      @LawrenceMill-p4w หลายเดือนก่อน

      I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller she could help you too

  • @kwokweng76
    @kwokweng76 2 หลายเดือนก่อน +1

    your videos are very helpful Austin.........appreciate your hard work

    • @LawrenceMill-p4w
      @LawrenceMill-p4w หลายเดือนก่อน

      I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller she could help you too

  • @jessestraube6157
    @jessestraube6157 2 หลายเดือนก่อน

    Thanks for explaining on how to invest in index funds! This is a great video!

  • @maha77
    @maha77 2 วันที่ผ่านมา

    Thank you so much this is the video i've needed

  • @lindafuller446
    @lindafuller446 2 หลายเดือนก่อน +3

    I’m trying to figure out if I should move my tax sheltered annuity money which only pays 3 per cent to an index fund earning more because of the taxes I may owe.

    • @LawrenceMill-p4w
      @LawrenceMill-p4w หลายเดือนก่อน

      I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller she could help you too

  • @carmenalabat8425
    @carmenalabat8425 2 หลายเดือนก่อน +2

    Excellent content on investing. You did a great job explaining the concept of investing. Can you make a series dealing with investing . For example how does the taxes work , how do you withdraw money once you retire, when do you know when is the best time you sell and how you go about it etc…. As these would be so helpful to understand as you did a terrific job of explaining a so called difficult subject and simplified it where it made sense. Thank you Austin so much🎉

    • @LawrenceMill-p4w
      @LawrenceMill-p4w หลายเดือนก่อน

      I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller she could help you too

  • @orlymarq6238
    @orlymarq6238 2 หลายเดือนก่อน +1

    Once your purchased , Agustin, how long do you keep it in there? Are there any fees involved? How often do you check it? If is gone or up? Do you sell it at what point? I am not expert here. Thanks

    • @Couchlnvestor
      @Couchlnvestor 2 หลายเดือนก่อน +1

      Get a good CFA first.

    • @LawrenceMill-p4w
      @LawrenceMill-p4w หลายเดือนก่อน

      I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller she could help you too

  •  หลายเดือนก่อน

    Austin. Thank you for this video! 😊

  • @Revert2017
    @Revert2017 2 หลายเดือนก่อน +2

    Can you do a video on real estate as an investment?

    • @LawrenceMill-p4w
      @LawrenceMill-p4w หลายเดือนก่อน

      I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller she could help you too

  • @katrish786
    @katrish786 2 หลายเดือนก่อน

    Thanks so much for that information, I had no idea it was that easy to invest!

    • @LawrenceMill-p4w
      @LawrenceMill-p4w หลายเดือนก่อน

      I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller she could help you too

  • @MarkRoberts-e4m
    @MarkRoberts-e4m 22 วันที่ผ่านมา

    Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and it ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!

  • @LearnGermanwithMarzipanfrau
    @LearnGermanwithMarzipanfrau 2 หลายเดือนก่อน

    This was really helpful. I will try out index funds when I got the money.

  • @AngelaSantiago-u5h
    @AngelaSantiago-u5h 2 หลายเดือนก่อน

    Great teacher!!! Thank you!

  • @avenj4659
    @avenj4659 2 หลายเดือนก่อน +2

    Very informative
    Yes it helped

  • @daviddean6032
    @daviddean6032 2 หลายเดือนก่อน +1

    Thank you Austin. Is there a S&P 500 index fund that Canadians can buy 😮on the tse? ❤

    • @daviddean6032
      @daviddean6032 2 หลายเดือนก่อน +1

      I just googled that question so you can just ignore my question but I sure appreciate your fine videos Austin!! ❤

    • @ElAgustin
      @ElAgustin  2 หลายเดือนก่อน +1

      Hola David!

    • @LawrenceMill-p4w
      @LawrenceMill-p4w หลายเดือนก่อน

      I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller she could help you too

  • @ianscianablo8507
    @ianscianablo8507 2 หลายเดือนก่อน +1

    Excellent lesson.

    • @ElAgustin
      @ElAgustin  2 หลายเดือนก่อน

      Thanks! 😃

  • @kingchris6998
    @kingchris6998 2 หลายเดือนก่อน +2

    Straight to the point, no fluff/bs. 👍

    • @ElAgustin
      @ElAgustin  2 หลายเดือนก่อน +3

      I make sure every word I script has purpose!

    • @kingchris6998
      @kingchris6998 2 หลายเดือนก่อน

      @@ElAgustin que bueno, gracias 👍

  • @enduring_X
    @enduring_X 2 หลายเดือนก่อน +4

    Is 60 too late to do any of this??

    • @AnjaliMukherjee-be9zn
      @AnjaliMukherjee-be9zn หลายเดือนก่อน

      No. When my mother passed away a few years ago I was left some money and

    • @AnjaliMukherjee-be9zn
      @AnjaliMukherjee-be9zn หลายเดือนก่อน +1

      And I invested most of it in Vanguard VGS with dividends reinvested and dollar cost averaging. The return is 13% over 10 years. VTS is about 15%
      over 10 years.

  • @monishthomasp
    @monishthomasp 2 หลายเดือนก่อน +2

    Another reason people lose money.. Greed.. when a particular stock is rising or being bullish, everyone rushes to buy and dump when it drops in a few days’ time.. this, almost always ends badly.. ❤
    I have a stock which I bought during rock bottom Covid time - at a total price of $ 1500 - it was a renewable energy company.. with a good future - went through a lot of ups and down over the past 4 years and many did panic selling - however I held on and that single stock is worth $ 30000 now.. I’m holding it till 2030 - my logic is this.. If I lose it all, I lose $ 1500 - at the same time if I gain.. it’s gonna be substantial.. either way I don’t lose much… 😊

  • @orlymarq6238
    @orlymarq6238 2 หลายเดือนก่อน

    Agustin, would you do more staff like that in detail? Buying and selling? Would you go more in detail and spend More time doing it ? If possible Thanks

    • @LawrenceMill-p4w
      @LawrenceMill-p4w หลายเดือนก่อน

      I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller she could help you too

  • @debbiewalker273
    @debbiewalker273 2 หลายเดือนก่อน

    This may seem like a silly question, but do you need to claim your dividends when you file your income tax ? I’m thinking you do, but wanted to confirm. Thanks, for making investing so easy to understand ! 😊😊

    • @ElAgustin
      @ElAgustin  2 หลายเดือนก่อน +1

      That's a good question for an accountant, haha! But until you withdraw the money, your investment isn't "realized" and not taxed, but once you withdraw investments or "realize" them, you should speak to your accountant on how it is taxed.

    • @debbiewalker273
      @debbiewalker273 2 หลายเดือนก่อน

      @@ElAgustin That makes sense, thanks ! 😉

    • @LawrenceMill-p4w
      @LawrenceMill-p4w หลายเดือนก่อน

      I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller she could help you too

  • @miraman68
    @miraman68 2 หลายเดือนก่อน

    Good info. I will share your content with my kids so You can explain it - way better than me!

    • @LawrenceMill-p4w
      @LawrenceMill-p4w หลายเดือนก่อน

      I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller she could help you too

  • @Vic-nr2jz
    @Vic-nr2jz 2 หลายเดือนก่อน

    Great video. Thank you!

  • @andreabellini6796
    @andreabellini6796 2 หลายเดือนก่อน

    This is so helpful Austin. Thank you for breaking it down into simple terms. Also thanks for your advice for buying a phone on EBay! I got a really good phone for less than $200

    • @ElAgustin
      @ElAgustin  2 หลายเดือนก่อน

      Awesome!

    • @LawrenceMill-p4w
      @LawrenceMill-p4w หลายเดือนก่อน

      I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller she could help you too

  • @Revert2017
    @Revert2017 2 หลายเดือนก่อน +3

    Big Macs don’t even taste good…imagine what they would cost if they were delicious???

    • @ElAgustin
      @ElAgustin  2 หลายเดือนก่อน +1

      Every now and then you do want "garbage" food and it's good, lol. But if you're eating McDondalds more than once every quarter and it's like, "What I am doing with my life?!"

    • @LawrenceMill-p4w
      @LawrenceMill-p4w หลายเดือนก่อน

      I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller she could help you too

  • @kombi_studio
    @kombi_studio 2 หลายเดือนก่อน

    Hi in simple terms could somebody please explain the difference between EFTs and index funds? And which is better. Thanks.

    • @ElAgustin
      @ElAgustin  2 หลายเดือนก่อน

      The main difference is ETFs trade like stocks where you can buy and sell them in real time prices. Whereas Index Funds trade once a day at market closure. If you're in it for the long term, those things probably won't concern you. The thing to look out for is the management fee and keeping that as low as you can.

  • @debvoight1310
    @debvoight1310 2 หลายเดือนก่อน

    Great information! Is there a need to open an individual brokerage account if you already have a brokerage account for retirement? Is there a benefit to do so?

    • @ElAgustin
      @ElAgustin  2 หลายเดือนก่อน +1

      It depends what your goals are. If you want to be able to withdraw money sooner than retirement age then that would be a benefit. Or if you have maxed out all your retirement accounts and wanted to continue investing.

    • @debvoight1310
      @debvoight1310 2 หลายเดือนก่อน

      @@ElAgustin got it! Thank you for the response

  • @daj4740
    @daj4740 2 หลายเดือนก่อน

    Hi Austin, thank you for the introducting stocks and index funds in an easy to understand format. I am 60 years old and have invested in cd's, treasury bills, notes and bonds. While I am interested in index funds, I'm not sure if it makes sense for me at my age, or if I should just keep doing what I've been doing. The last couple of years have been really good, but the 16 year drought before that was painful.

    • @LawrenceMill-p4w
      @LawrenceMill-p4w หลายเดือนก่อน

      I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller she could help you too

  • @lionness_simsima5941
    @lionness_simsima5941 2 หลายเดือนก่อน

    Very interesting topic

  • @lucasnyeinchan399
    @lucasnyeinchan399 2 หลายเดือนก่อน

    can i invest index funds from myanmar ?

  • @peppermintpeggy658
    @peppermintpeggy658 2 หลายเดือนก่อน

    Muchas gracias, Agustin!!! You are worth your weight in Index Funds! 💵💵💵💵📈💵💵💵

  • @modfus
    @modfus 2 หลายเดือนก่อน

    Excellent 🙂

  • @DH-ex4nv
    @DH-ex4nv 2 หลายเดือนก่อน

    So helpful!

    • @ElAgustin
      @ElAgustin  2 หลายเดือนก่อน +1

      So glad!

  • @Joshuamen9
    @Joshuamen9 หลายเดือนก่อน

    Please do more videos like this.I am a single mother to a special child.Frugality has saved my life. I never have to worry about bills and have a decent savings.I am now in a position where I want to build wealth.When you have a special child, you start thinking about the future.I tend to think about how I will take care of him when I am older.Even though I am 25 years old.Thank you for your video's.

    • @LawrenceMill-p4w
      @LawrenceMill-p4w หลายเดือนก่อน

      I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller. She could help you

  • @infinitelee6256
    @infinitelee6256 2 หลายเดือนก่อน

    question cna i open an account even if iam not a US citizen? i live in southeast asia Phillipine to be exact btw fna of your channel

    • @ElAgustin
      @ElAgustin  2 หลายเดือนก่อน

      The brokerages I mentioned require you to be a US citizen or resident. I would check into the brokerage options in your country. I am sure there is a great Filipino TH-camr that will explain it and would know way more than me!

  • @michelleberes1406
    @michelleberes1406 2 หลายเดือนก่อน

    Thanks!

    • @ElAgustin
      @ElAgustin  2 หลายเดือนก่อน +1

      Thanks!

  • @juliem.3936
    @juliem.3936 2 หลายเดือนก่อน

    #4. People lose time in the stock market. When the market goes down time is lost as the market recoups what was lost and is not making any money.

    • @LawrenceMill-p4w
      @LawrenceMill-p4w หลายเดือนก่อน

      I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller she could help you too

  • @CorrieHood
    @CorrieHood 2 หลายเดือนก่อน

    Life changing

    • @ElAgustin
      @ElAgustin  2 หลายเดือนก่อน

      I'm glad!!!

  • @carlosgarcia8770
    @carlosgarcia8770 2 หลายเดือนก่อน

    Very Good. 👍

  • @teresajones5973
    @teresajones5973 2 หลายเดือนก่อน

    I want to this for my grandsons to have and not so much for me, due to I’m retired with a pension. Would love a video on how to pass your stocks on to someone. I realize you’re not a financial advisor, but curious how you would set these up for future generations. Also, maybe a video on what happens after you invest…like do you get monthly reports and is everything digital? Thanks for making investing less scary for us older folks.

    • @LawrenceMill-p4w
      @LawrenceMill-p4w หลายเดือนก่อน

      I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller she could help you too

    • @LawrenceMill-p4w
      @LawrenceMill-p4w หลายเดือนก่อน

      I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller she could help you too

  • @Observer100-cn7gv
    @Observer100-cn7gv 2 หลายเดือนก่อน +1

    Not a bad video except harsh words to criticize uncle and people who make mistakes.

  • @GigaChadBigW
    @GigaChadBigW หลายเดือนก่อน

    what is your Honest opinio about forex trade?

    • @GigaChadBigW
      @GigaChadBigW หลายเดือนก่อน

      es que me esta saliendo mucho contenido de eso y cerca de casa habrieron una disque escuela y me esta tentando? but maybe is a scam
      saludos desde Puerto rico

  • @Uncommony
    @Uncommony 2 หลายเดือนก่อน

    Invest in yourself first, then diversify as the gains you will see from self investment is astronomical compared to anything else. Stay Uncommon!

  • @mbank3832
    @mbank3832 2 หลายเดือนก่อน +1

    so simply put: invest in index fund and hold for decades

    • @AnjaliMukherjee-be9zn
      @AnjaliMukherjee-be9zn หลายเดือนก่อน

      Yes. Pick a good diverse index fund with a reputable company like Vanguard and hold as long as possible. The younger you start the better (you can cheaply invest and for say about 40 years with dollar cost averaging and end up a multi millionaire). But even if you're older it's never too late. You choose a fund which gives a high return over 10 years e.g VTSAX. And never sell when the market is volatile, it always bounces back. My mother passed away and left me some money and
      I put in VGS. Though I'm 60 now when it's doing well I cream some money off the too into savings.y

    • @AnjaliMukherjee-be9zn
      @AnjaliMukherjee-be9zn หลายเดือนก่อน

      The dividends are reinvested . If I took the dividends and stopped dollar cost averaging I would have $225 a week with my capital untouched. It would still grow just not as quickly. I'm going on two holidays this year and next year with some of the money I creamed off. You can use a compound interest calculator calculator

  • @HealthyWealthy07
    @HealthyWealthy07 28 วันที่ผ่านมา

    I fully agree. On my channel I show my approach to the subject.

  • @wathah323
    @wathah323 2 หลายเดือนก่อน

    You forgot to tell that we pay taxes on investments.

  • @Nueng-Andres
    @Nueng-Andres 2 หลายเดือนก่อน

    If so, let say everybody will go invest in index funds only, then nobody will ever lose money.

    • @LawrenceMill-p4w
      @LawrenceMill-p4w หลายเดือนก่อน

      I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller she could help you too

  • @Craig121000
    @Craig121000 2 หลายเดือนก่อน +15

    I'm beating inflation, without having to invest.

    • @sincity8717
      @sincity8717 2 หลายเดือนก่อน +3

      How? Inflation has been 100% for some items like gas these past couple years!?

    • @lambchopsmtl
      @lambchopsmtl 2 หลายเดือนก่อน +1

      By spending the money on things that will cost double or triple in a few years 🤦‍♂️🤷

    • @Craig121000
      @Craig121000 2 หลายเดือนก่อน

      Incorrect, there are ways and means to avoid costs.

    • @Whocares-XD
      @Whocares-XD 2 หลายเดือนก่อน

      You live in forest 💀

  • @blackgrandpa7652
    @blackgrandpa7652 2 หลายเดือนก่อน

    Im a long time investor and I have never been affected my any recession or times of high inflation by just living below my means and invest every payday

  • @yelenawhitmer1329
    @yelenawhitmer1329 หลายเดือนก่อน

    ❤❤❤❤❤

  • @dean4125
    @dean4125 2 หลายเดือนก่อน

    i opened 2 custodial brokerage accounts for my kids and put money monthly in for them. there gonna be set for life when they get older lol

    • @LawrenceMill-p4w
      @LawrenceMill-p4w หลายเดือนก่อน

      I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller she could help you too

  • @Joshuamen9
    @Joshuamen9 หลายเดือนก่อน

    What Index funds do you invest in?

    • @ElAgustin
      @ElAgustin  หลายเดือนก่อน

      I can't recommend any specific one...but take a look at my index fund video (link in description) and I go over the top index funds!

  • @ArafatBukhari
    @ArafatBukhari 11 วันที่ผ่านมา

    I have 3 Passive incomes
    Commercial Agriculture land 7 Acres on Rent
    My 3 bedroom house. 1st floor on Rent
    I have a National Savings Pakistan Regular Income Certificate for RS 4 Million. Earning 14% Profit on it
    No debts. Buy completely Cash Stuff.
    I have Active income for Emergency funds and Monthly Expenses Only 😊
    Also I own physical Gold Bullions 😊
    Regards from Pakistan 😊

  • @Evelyn32423
    @Evelyn32423 17 วันที่ผ่านมา

    The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks. My $400,000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly appreciated.

    • @Scarlett34568
      @Scarlett34568 17 วันที่ผ่านมา

      Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.

    • @Christian67337
      @Christian67337 17 วันที่ผ่านมา

      A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

    • @Hudson367
      @Hudson367 17 วันที่ผ่านมา

      How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.

    • @Christian67337
      @Christian67337 17 วันที่ผ่านมา

      Aileen Gertrude Tippy 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..

    • @Hudson367
      @Hudson367 17 วันที่ผ่านมา

      Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.

  • @thiagobento9445
    @thiagobento9445 2 หลายเดือนก่อน

    1st

  • @markomestrovic7560
    @markomestrovic7560 2 หลายเดือนก่อน

    wallstreetbets 😂

  • @avenj4659
    @avenj4659 2 หลายเดือนก่อน

    ❤❤❤