Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
In my opinion, it was much easier investing back in the 60s but it’s a lot trickier now, those making consistent profit in these times are professionals reason I’ve been using an advisor for the past 5 years to consistently build my portfolio in preparations for retirement.
The advisor am currently working with is *Julianne Iwersen Niemann.* i came across her in a Bloomberg interview for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look her up.
All companies in my industry are bad and bleeding. (railways) Local companies that I really like and know they are going to be success are private. Really hard to follow his advice and I think many have the same problem.
This video indicates you don't need a high IQ to be a good investor, just 2 qualities, self discipline and a lot of patience. Investing is mostly about behavioral psychology. What would be the right investment to generate more income to retire with at least $3m for long term care?
The best investment strategies for cash you’re waiting to deploy are simple. Follow the S&P 500 by investing in ETFs like VOO, SPY, and SCHD. Dollar-cost averaging into these ETFs will likely outperform most investors.
We share common goal, making sure you are ready for your later years is very important. That's why passive investing works, low costs, better diversification and it enables people to overcome their behavioural bias especially if they engage professional help.
I started at age 42 with about $18,800 which is now worth about $1.2M at age 50. Would be happy to share how, and it was definitely not index funds (pablum advice for the masses), but by partnering with a fiduciary advisor. I've been with mine for the past 8 years and have seen why esteemed investors highly seek their expertise.
@@AddilynTuffin Oh I've heard similar things about hiring an advisor. It's hard to choose one that's very good though. Could you make some useful recommendations?
My CFA is Jennifer Leigh Hickman, experienced advanced lady and also consults for a Texas based brokerage hence is independent and can be a fiduciary to you. Look her up.
I've followed Peter Lynch and others I appreciate their advise especially his when i started trading avrged fifteen to thirty not as good as his on way less but the numbers are there I appreciate the advise
Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
In my opinion, it was much easier investing back in the 60s but it’s a lot trickier now, those making consistent profit in these times are professionals reason I’ve been using an advisor for the past 5 years to consistently build my portfolio in preparations for retirement.
My partner’s been considering going the same route, could you share more info please on the advisor that guides you?
The advisor am currently working with is *Julianne Iwersen Niemann.* i came across her in a Bloomberg interview for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look her up.
excellent share, Just looked up her name and spotted her consulting page ranked top. after reviewing her credentials i reached out to her.
funny to see these old interviews. Lynch always good.
Thank you for uploading this!
All companies in my industry are bad and bleeding. (railways) Local companies that I really like and know they are going to be success are private. Really hard to follow his advice and I think many have the same problem.
This video indicates you don't need a high IQ to be a good investor, just 2 qualities, self discipline and a lot of patience. Investing is mostly about behavioral psychology. What would be the right investment to generate more income to retire with at least $3m for long term care?
The best investment strategies for cash you’re waiting to deploy are simple. Follow the S&P 500 by investing in ETFs like VOO, SPY, and SCHD. Dollar-cost averaging into these ETFs will likely outperform most investors.
We share common goal, making sure you are ready for your later years is very important. That's why passive investing works, low costs, better diversification and it enables people to overcome their behavioural bias especially if they engage professional help.
I started at age 42 with about $18,800 which is now worth about $1.2M at age 50. Would be happy to share how, and it was definitely not index funds (pablum advice for the masses), but by partnering with a fiduciary advisor. I've been with mine for the past 8 years and have seen why esteemed investors highly seek their expertise.
@@AddilynTuffin Oh I've heard similar things about hiring an advisor. It's hard to choose one that's very good though. Could you make some useful recommendations?
My CFA is Jennifer Leigh Hickman, experienced advanced lady and also consults for a Texas based brokerage hence is independent and can be a fiduciary to you. Look her up.
I've followed Peter Lynch and others I appreciate their advise especially his when i started trading avrged fifteen to thirty not as good as his on way less but the numbers are there I appreciate the advise
Super smart dude
When was this discussion recorded? Still feels very relevant. He's got some really valuable arguments!
Guessing 15 years ago?
I'd guess 1993. They talk about the economy getting better in '94 and it's already looking better in '93.
@@bdtrapYes, it was recorded in 1993
Can anyone mention the stocks that were discussed in the end. Could not get them.
Never heard of the others but Super cuts is still kicking
*Thanks for upload*
Thank upu
Tell us when this was recorded, as he's suggesting some stocks.
wait till lynch find out about today's debt.😂
Right that shit in the Trillions lol
If only they knew how big MSFT and APPL whuld become :P
More investing? Right but in China Mexico Canada……
Interviewer is talking too much. Learn to listen
This would be better if the interviewer shut up
Peter Lynch was 100 percent a republican 😂 the goat
Funny how he thinks 25 P/E is extremely expensive
well when you live in the decades where 5% fed rate is low and it's 20% on the high. It is 25 pe is pretty ludicrous haha
This looks like SnL skit, who is laughing now? 😓
Why are you posting this from 1994?
because this advice is timeless
Because its more relevant now than ever