Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.
These strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off
Based on personal experience working with an investment advisor, I currently have $1m in a well-diversified portfolio that has experienced exponential growth. It's not only about having money to invest in stocks, but you also need to be knowledgeable, persistent, and have strong hands to back it up'.
How can one participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?;
I work with Sonya Lee Mitchell who is a licensed fiduciary. i recommend you look up the name. All the information you need to work with a letter to set up an appointment is included.
Roth IRA, ETFs, 401k matching. I’m actually damn impressed on how much you know about risk averse investing. I’ve been watching a lot of your videos recently and you really got me to consider “step 6” lol, investing in real estate. Really well put video, G. Don’t sleep on this guy people 👌!! P.s. Why go to college when you can just watch Graham’s videos on TH-cam for free. P.s.s ok I’m done stroking your ego.
Are you looking for reliable strategist capable of earning you reasonable income? Then look no further as ANDREW has proven himself to be the beast strategist with high earning capabilities. He can be reached via Email: < Andfeld911 @ gmail . com>
You’re a genius. As a college student getting my degree in Financial economics, there are WAY too many people uneducated about investing. Thanks for doing what you do
How about no. I'm going to be financially literate and earn enough money to get out of the rat race, and hopefully end up a millionaire. School: You weren't supposed to do that
This video is 16 minutes long, so I got some snacks to watch it. I realized 2 things: The video felt 3 minutes long, and I didn't touch my food. This video is that good. Thank you for the information!
You're being really generous giving all of this info for free. I can't thank you enough literally this is going to be forming the rest of my financial life.
Is providing his services via online consulting on this platform and opportunities Im assuming in other areas like IG. I just discovered this guy today. Nothing is ever completely free but by investing this 16:55 minutes + pausing and rewinding lets say 30 mins + the additional time researching these places featured in the video. Let's then add another hour at least your investing 1.5 hours of your time towards gaining this information instead of something else. 10 months later was the opportunity cost invested well?
@@TriggaPapi24 YES!! and I agree, you've made some good points. Can't follow exactly all his advice because we're in different countries, both the government and the financial ecosystem here is very different than in the U.S. I've upped my income to almost double (still in the lower tax bracket but I earn more than 60 percent of people my age) I invested in some stocks in a popular bluechip fast food chain here and I've set up life insurance in case anything happens to me so my siblings have something to fall back on, albeit temporarily. I'm nowhere near where I want to be yet but I'm glad I found this info at a young age.
Start mining Pi, the cryptocurrency will be launched this year, and once it does, you won't be able to mine anymore. You don't need graphics cards you only need your phone, which is cloud mining. It doesn't consume battery. It's on coinmarketcap in the untracked listing. On the marketplace, there are already transactions for a value of $100 approx and when you just download the app you mine at 0.25 pis/hour. Use my code as an invitation. Code: Chutsky Download the app Pi network.
In all my years of trading,the most valuable insight was getting in touch with pro trader Erin and getting my first profit through her,she is a licensed broker con tact her i trust she’ll help you earn
This is a refreshing coincidence,I too invest with Erin and i must say having a refined manager like her handling my trades is the best way to secure and multiply money
@@pacman8551 Live below ur means. Get with a roommate who drives for uber/lyft. Live in a studio apt. Share same vehicle and go half on all expenses. Work in a big market like new york or Los Angeles. Use ur car as a tax ride off.......NO TAXES!!!.
Dayana Castillo what kind of items you mean? And how do you get them? Im only 15 and im trying to get a job but cant cuz mostly everywhere its 16 or okder
Have you heard of Mark Ramsey of UCLA Anderson financial institution, his methods are legit and works like magic, I keep on earning and learning every week with his new strategies.
@@felixgeorge8158 The no risk factor in his investment is the most amazing part about trading with him, this means he takes responsibility for bad outcomes, landing you with no chance of loosing money.
Are you having problems Investing your money or you need a proper tutorial on how to invest your money or you need a trustworthy account manager.. if yes ,then I suggest you join the Garysroom team, To me I call him a life changer if not for his excellent service I wouldn’t have known how to cope during this pandemic time while I was thrown out of work all thanks to him anyway, You can contact him via GARYSROOM102 on Instagram,he offered a good and legit service such as: .PayPal money flipping .CashApp money flipping .Credit card top up .Wire transfer .Bitcoin mining .Loan grant .Banking loading .Forex Trading His service to me has really helped things with me and my family,He’s reliable and 100% save💯💯✔️✔️
I have been put on ally bank and love them! That’s a great bank and the best when it comes to anything money. Their customer service is amazing. Side note: I have been binge watching your videos for two days! Keep the videos coming. Great info
Hey Graham, just found your channel! Very good content! You just forgot REITs on Real Estate investments, where you can invest with low amounts of money in stock market.
Buy a duplex and rent the other building or depending on where you live buy a house and rent out the rooms while living there.. Save the money and buy your first investment property.. After that keep the ball rolling
Walk Out Freedom, we bought our first property that was a townhouse when we had our first baby (N. Hollywood, Ca.) It was a 3 bedroom 3 bathroom. We slept in the master bedroom and rented the other 2 bedrooms out. After we had our second baby we refinanced the townhouse for the downpayment on our second house, a four bedroom two bath(Burbank.) We rented out the master bedroom in the back of the house that had it's own sliding door entrance. So they don't go through our house at all. We also bought two houses (Palmdale) really cheap at an auction and made them section 8 houses. A few years later added a one bedroom guest house at the back of the lot where we live in the Burbank house...It helps to DIY on remodeling and repairs, which we do to save a ton of money. Also, some contractors/handymen are some of the biggest ripoff artists out there.
Karen Kramer How did you buy your first home? - Did you get approved for a loan to purchase your first home? - How much did you need in the loan? - Did you ask for a specific amount first before you knew how much your first house was? - Did you save money to put down for your first home? - If so how much money did you save? - How long did it take you to save up? - How did you find your tenants? - Did you have different tenants moving in and out or did you keep the same tenants?
Haha that's definitely not my experience. My dad has a bachelor's, master's, a PhD, is certified as a CPA (Certified Public Accountant), CMA (Certified Managerial Accountant), CGA (Certified General Accountant), has over 40 years of experience working in finance, is a VP of finance, and is an investor.
Are you trying to become rich by seeking new opportunities, Investing money wisely , starting up a new business or are you working at a shitty job , watching TV and complaining? always learn to follow the people who have achieved greatly in time and learn from their success stories.
it is PROFESSIONAL and advisable to trade in the FOREX market, as over the years I have learnt a technique of investing and profiting significantly from the currency trading market working alongside a professional fx manager and i'm starting to feel good enough to begin trading just on my own.
Before investing you should do a background check up on your source,Ensure you are investing through a solid foundation source to avoid blowing money away
I have lost to numerous rigid trader out here,I’m still trading and learning to improve my techniques i just need a more solid source to earn other than TH-cam
In all my years of trading and research the most valuable insight was getting in touch with pro trader Erin and getting my first profit through her,she is a licensed broker reach her out for help
That is my trader right there the best i ever came across,i don’t even trade i just invest and make good profit from the comfort of my home,Thanks Erin
Well I fell down the Graham Stephan rabbit hole and have been watching only your videos for the past week and this one was by far the most informative and my favorite video thus far
Thanks for the video. If I may, I’d like to offer you 2 edits to your list. 1. I would suggest that you invest in real estate BEFORE buying stocks. (Use part of the equity and appreciation to fund the stock purchase.) 2. I would add a step 4B. Invest in SILVER. Not the paper/digital version either. The cold, hard Silver Bullion bars. I like SilverGoldBull.com or local coin shops if they are in your area. $15 an ounce avg cost. Silver is (in my opinion, not financial advice) the best value way to store wealth right now.
Have i found him? the one that will explain the mystery of finances in a way that wont leave you more confused when you got here. so far so good, i'll suscribe and keep watching, btw that first step 2% growth is that annualy? Thanks
You can still access the stock market with relevant index funds. Just find the one that suits you, and follow the same strategy he advices. Maybe you won't get 8% annually, maybe only 6.5/7% but that's enough for most people. Yes you can't access a Roth IRA, but your government may have an equivalent. Contact a financial adviser to help you out.
That's fair however, kids are never taught about real world applications. I think in general people should learn mathematics and internalize because similar to language learning it can shift someone's entire thought process by just providing explanations
this is awesome but what i would like to know is how to physically "invest" like do i go to the bank and ask for the company i want to invest in? can i do it online? how do i even get started?
He has a lot of videos on that specifically! You can invest online easily through things like webull and fidelity. If you'd like something more then you can get in contact with an actual broker. It seems like his personal favorites are Webull, Vanguard, Ally Bank, and Fidelity. Investing in specific real estate is different and you will definitely to research much more on that.
I started investing late (when I was 30) but joined my company's 401(K) plan and, when they came around, opened a Roth. Both are in a Vanguard Target Date fund. I'm 55 now and my combined account balance in both the 401(K) & Roth IRA is $511K. Start early. Invest as much as you can. Invest in low cost index funds. Let time & compounding work for you. Anything else is noise.
investing in the stock market is the chance to grow your money over time. If you've been considering investing in the stock market for a while , but haven't yet opened an account and started contributing . make 2020 the year you turn intention into dollars and stop procrastinating...
One of the primary benefits of investing in the stock market is the chance to grow your money. Over time, the stock market tends to rise in value, though the prices of individual stocks rise and fall daily. Investments in stable companies that are able to grow tend to make profits for investors like myself
*Connie* when you buy a shàre of a stock, you automaticaIIy ówn a percentage of the firm, and an ownershìp stake of its àssets. If you paìd $100 for a shàre of stock, and the stock apprecìates in vaIue by, say, 20% during the perìod you ówn it, you've eàrned $20 on your stock investment.
Nate O'Brien No it didn’t. Only short term versus long term curve matters, but only 2 vs 5 year curve was inverted. Also one time inversion doesn’t matter, it needs to stay inverted for a few months. The original rule which consistently predicted recession was the inversion of 3 months vs 5 years curve for at least a quarter year. Keep watching.
Nate O'Brien But my personal thought is that this indicator has so much attention now, that it stopped being reliable. The real crash always happen when no one expects.
Seeing this all over the place. Sentiment is pretty bearish now so only natural that most news is pointing towards a correction/crash. But watch the market pull a fast one on us and rally hard...
We learned about stocks in my school. We did a 2 month stock market project in economics. Even still, I’ve been doing this for almost a year now and I still watch videos as if I’ve never done it because you always learn something new. Happy investing everyone :)
Do you have any 🇬🇧 peers who’s you recommend to follow as well? Only some of the advice is very 🇺🇸 specific - so difficult to transfer. Great content Thanks for adding such value
I live in a low income country. I am a resident doctor. My monthly salary is around $500, Means a yearly income of $6000. I am hardly able to save any money for investing. But I am trying my best saving to buy some property in near future.
dude, you are a natural, I am happy for you and your success, plus your information. You have a gift, thanks for dropping gems. I'm just on your channel taking notes!
Alright so im going to ask a dumb question but i just started my climb to the top so I think I'm allowed rookie questions... what % of ur income after need expenses do u split between Roth IRA, index fund, and emergency online savings.... Or to make it more simple how do u balance ivestments verses versus cushion money in online banking?
No expert here but every situation is different man. Typically, people will try to have 3-6 months of income in their Emergency savings should anything go wrong. So before any investments are done, many people suggest a strong foundation by paying off debt and building up that emergency savings first.
My little theory has been working very, very well. 60% bills 20% fun $$$ 10% invest (Roth Ira, 401k, traditional, Robo, etc) 10% savings (emergency fund, cash, HYS, etc) Thank me later. Shout out Ramit 🙏🏼
i had this talk with my dad im 17 telling him im planning on where my future goes and his answer was "i can help you with all of that but you need to fucus on history right now" hes really good in cre but i have a feeling i should listen to someone making 7 figures for investment advice.
While i have nothing against Graham. You should still listen to your dad. The stuff Graham is talking about takes a lot of discipline and is not easy. Also you need money to begin with in investing. Here is a tip. From day 1 of earning a salary, put 30% aside into a savings account to begin with and dont touch it. As it grows, you will gain knowledge on what to do with it. Be it stock markets, property, business, etc.
Andrew the stuff you are talking about requires thinking for yourself. her taking those risks and being self aware of if she can do it or not, what happens if she fails the first time or not, are decisions she will have to make. listening to her dad on this means she will have to wait for when he’s available in the future. if she wants to get started now she’ll have to start learning on her own until he’s ready to hell her
The key thing that should be on everyones mind currently should be to invest in different sources of income that doesn't depend on the government, pretty much how i made my first million. Especially with the current economic crisis around the world. i'm taking advantage of the low prices. I have a diversified portfolio that spread across stocks, grade bonds, coins and etfs. my broker Susan Kay Mack, handles all my investments and ensures I stay above the market.
I like Marcus as well. But Ally is much more flexible. Ally offers a debit card with ATM fee reimbursement, investment accounts, and a phone app. I asked Marcus why they didn't offer those other user-friendly perks that Ally or other banks offer - they said that their account is meant to be a true savings account where it's not intended for you to be transferring/withdrawing money that often. They do have a point. And as long as they can offer market leading yields, I'm not complaining.
Which one is better? Barclays, Ally or Amex? I eliminated Marcus due to limited flexibility for transfers and withdrawing. My goal is to simply save what I can while still having access to the account when necessary@@skylinec83
@@skylinec83 Yeah I simply use Marcus as a Savings - I have a Set amount we would need over 6 months and that's it I don't touch it, I know it's there If I needed cash from it - but I don't actively use it, that's what our checking is for.
Love that I’ve watched this exact same video every year since it was uploaded in 2019😂😂😂 You go Graham...I hope to watch this again when it’s renamed to 2030!
DO you have a video detailing how to divide your money into each of these steps? How much of your monthly/annual income you put into the IRA, Index Fund, etc...
@@henryschermbeck4661 how does that answer the question. how is that relevant. regardless of how much you make, you still have to divide a certain amount into different investments/accounts.
haleywells11 that was a dumb assumption. Ive been retired since 25 i dont need his advice, im simply only watching for entertainment. On top of that i never asked for your opinion because i dont give a fuck and dont reply either because i dont care to respond to you again so save your time. I guess graham was the only one that doesnt have a stick up his ass i never called him kid to be disrespectful.n
Hey Graham, great content. Just wondering if these index stock investing tips apply to Europe or South America. Honestly, I am new to the game and I am a European citizen. Thanks for your help!
Guess it should be disclaimed this video's specifics are arguably USA-only. You didn't mention it, but an increasing number of employers who offer the traditional (pretax) 401k route also have begun offering the Roth (post-tax) 401k option. Obviously comes down to what your future needs are (namely waiting to "retirement" age), but the obvious advantage to the Roth401k is you do a lot of your post-tax income as a payroll deduction and then end of year I decide what amounts to contribute to my Traditional (pretax) and Roth (after-tax) IRAs.. Health Savings Accounts (HSAs) if your healthcare plan permits it is another route, where your contributions lower your pretax income and allow you to pay medical expenses with pretax income. Not that many folks reading youtube comments will give all this stuff much consideration, but hopefully they'll at least stop by sites like Vanguard/etc explaining these concepts.
Brah....I love HSA's. Triple tax advantaged....it's like spanking Uncle Sam's hand away 3 times over. And yeah....Roth 401/IRA is a nice option too. I'm a fan of having a nice mix of pre-taxed and post-taxed retirement funds with as little minimal required distribution as you can swing by the time you're retired. Then you get to play keep-a-way from Uncle Sam until you die. Meanwhile if you're qualified for pensions and social security during retirement, then you're set. At that point, I'd be taking my social security check to the new age casino and putting it on black on the virtual roulette table for shits and giggles.
Are you looking for reliable strategist capable of earning you reasonable income? Then look no further as ANDREW has proven himself to be the beast strategist with high earning capabilities. He can be reached via Email: < Andfeld911 @ gmail . com>
I love that you further explained the benefit of a Roth IRA. Most people would have gave a brief explanation, and moved on. Making that compound interest point really helped me understand!
@@meadowjessop9828 It's not like I chose climate change, but it is there and happening and it is basically never included into any economical calculation
can't believe people aren't saving for retirement in their early 20s, its such a small amount that is just going to explode in value by the time your retire. Can't argue with a roth IRA, its tax free and easy to setup!
@@GrahamStephan makes it easier for us! Also ironic that you released this video on one of the few times a year that the NYSE is closed in the middle of the week.
Many of us had never heard any of this information in our 20s. We didn't have TH-cam, smart phone, or social media back then. We were told take out student loans, go to college, get a good job, put all your money in a 401K and give everything you have to an employer who will take care of you when you retire. Ha!! And we walked to school, barefooted, in the snow, uphill both ways. :)
Don't hate upon Algebra II! As there is a strong correlation between better mathematics education and improved financial literacy. You might not use the specific algebra tools you learn, but the better improved thinking you develop will greatly improve your financial aptitude in the future.
Thanks for all of these advices man I really can’t believe how good these are and also can’t believe that I had never been taught this by any of my family members
when you were talking about algebra two it hit home. i’m living that right now. so thank you for making videos like this so i can start to learn this stuff, it’s much appreciated
Make sure your cryptos are none inflationary and decentralized. Do remember EVERY new altcoin is even more inflation, they could keep making new coins forever, same as the fiat banks BS, I am sure you are on it @@SometimesDev
@AURORA ROTARU only save money for emergencies otther than that there's no point in saving money for decades later at the rate of inflation we're at now.
I got real serious about my finance 5 years back. Your channel is one of the few places I look to for getting the basics of that new subject im looking into. .. ... ... I also come to your channel to learn more about things I already have an idea about.. .. .. .. AWESOME CONTENT AND PERSONALITY, Thank You for putting your time into these videos!
I love your videos. But you are wrong about the 401k withdrawal date. You can withdraw your 401k without penalty as an annuity with equal annual withdrawals c as calculated based on your life expectancy. I also disagree with pushing the Roth IRA. Yes the Roth IRA has better flexibility and is good if your income is low but once you get into higher tax brackets....a Roth IRA will return lower than than an IRA or 401k if you actually run the numbers.
@@kace002pumpkinwizard You aren't wrong. However, Graham doesn't say to max out your 401k first, then contribute to a Roth IRA. Instead, Graham says to invest in a Roth IRA first. Most people don't save enough money in order to do both. That's the main issue I have....it seems Graham didn't do his research before posting this video.
Invest in what you're interested in. That's it. Can't find the slot to put in the money? Create one. But the biggest trick is to never stop getting back up when you fall.
I used to think that was an okay idea. but learning more as i go i realized just putting money in something you're interested is a terrible idea if you're looking for any monetary gains. I used to have my money in GNC and Nike cuz i like fitness. Now I'm into dividend aristocrats and chase that monthly dividend payout.
Thanks for the feedback. I advice you get in touch with my cryptocurrency expert Scott on whatsap to make huge profits from cryptocurrency like I do with his strategies.
Get 2 Free Stocks on WeBull when you deposit $100 (Valued up to $1000): activity.webull.com/landing/index.html?cs=a&s=GrahamS
Graham I just wanted to thank you for the amazing content you upload! ❤️
Can I do this I’m 14 is that too young?
DudeWithArmor DudeWithArmor the younger you are the better!
@@BaconBearOfficial but can I sign up if I am 14?
Graham Stephan
you still chat here!!!!
Most parents don’t teach their kids how to be financially literate adults because most parents aren’t financially literate themselves... *sips tea*
...facts
I am 16 and teaching my parents smart ways to spend their money. Lol
@@nopal4587 im 16 too and I'm investing my parents money ._.
This is sadly too true.
Such an epidemic!
Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.
These strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off
Based on personal experience working with an investment advisor, I currently have $1m in a well-diversified portfolio that has experienced exponential growth. It's not only about having money to invest in stocks, but you also need to be knowledgeable, persistent, and have strong hands to back it up'.
How can one participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?;
I work with Sonya Lee Mitchell who is a licensed fiduciary. i recommend you look up the name. All the information you need to work with a letter to set up an appointment is included.
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website'' thank you for sharing.
Very High Risk: Casino
YES ;)
Could count cards hard work though
work as a hook, you'll have more chances to get rich
@Elliot Rodger Mr.Beast
Put it on green
Is my man just changing the title every year? 🤨😂😂
For sure😂😂
I was confused when it said this video was made 2yrs ago 🤣🤣🤣
@@lowekeysole lmao 😂
It’s a good strategy to keep your video in the algorithm
It works 😂
Highest Risk: Give $300,000 to that Nigerian Prince that always sends you emails.
Hey!! Don't spoil my business
OMG I'M SORRY I CAN'T SKSSKSKSKSKSK
What do you mean by high risk??? That's about the lowest risk investment you can make, my dude
When the likelihood of loss is 100%, it's not even "high risk" at this point.
Aspy You won’t be laughing when I send the $300,000 to get the Nigerian bank to release my $50M fortune.
Learning more information from Graham than about 18 years of my life throughout school, thanks doood.
Ah thanks!!
Too true
Sith'ari Azithoth same here except I’m 35
You Classy African
I’m 24 now
I feel as a 16 year old this is some of the most important content for me
RoboRat you’re here at the right time. Be smart and save big 💯
Best advice is to save, save and save!
Get a secured credit card! Pay off before end of month each month. Have stellar credit.
i'M NoT tHE oNlY oNE!???!
Michael Brewer saving a penny is still a fucking penny. Gotta increase your income - Dan Lok
Roth IRA, ETFs, 401k matching. I’m actually damn impressed on how much you know about risk averse investing. I’ve been watching a lot of your videos recently and you really got me to consider “step 6” lol, investing in real estate.
Really well put video, G.
Don’t sleep on this guy people 👌!!
P.s. Why go to college when you can just watch Graham’s videos on TH-cam for free.
P.s.s ok I’m done stroking your ego.
Ah thanks so much!!
Bitconeeeeeeeeeect!
Are you looking for reliable strategist capable of earning you reasonable income? Then look no further as ANDREW has proven himself to be the beast strategist with high earning capabilities.
He can be reached via Email: < Andfeld911 @ gmail . com>
Ya man you stroking somethin 👀😂😂
now THIS is a review
I love how this guy clearly just kept the same video and changed the name from 2019 to 2020.
not to mention it was posted in 2018 haha
Better than posting the same stuff again it’s all the same and doesn’t change.
But it’s still valuable advise soo it’s not a bad thing to do tbh
Timeless principles don't change year to year
He's a genius lol
You’re a genius. As a college student getting my degree in Financial economics, there are WAY too many people uneducated about investing. Thanks for doing what you do
🙌🏼
Me at school: Please tell me how to handle money!
School: shut up and square dance
How about no. I'm going to be financially literate and earn enough money to get out of the rat race, and hopefully end up a millionaire.
School: You weren't supposed to do that
😱😂😂😂😂but true
Lmao
H🤗 T•H•A•N•K Y•O•U F•O•R
C•O•M•M•E•N•T•I•N•G
K•I•N•D•L•Y H•I•T M•E O•N
W•H•A•T•S•A•P•P 🇺🇸
(+1>8360>67) F•O•R
M•O•R•E I•N•F•O O•N B•T•C A•N•DE•H•
Well, to be fair, you need physical education, and that is not the place for finance education
This video is 16 minutes long, so I got some snacks to watch it. I realized 2 things: The video felt 3 minutes long, and I didn't touch my food. This video is that good. Thank you for the information!
Thanks so much!! Hope you had some avocado toast!
Watched this at 1.5x, because time is money, =)
That’s funny
Me too, all youtube videos for me
That's the best comment ever .
Why not 2x
The time you saved went into this comment.
You're being really generous giving all of this info for free. I can't thank you enough literally this is going to be forming the rest of my financial life.
Ah thanks!
Is providing his services via online consulting on this platform and opportunities Im assuming in other areas like IG. I just discovered this guy today. Nothing is ever completely free but by investing this 16:55 minutes + pausing and rewinding lets say 30 mins + the additional time researching these places featured in the video. Let's then add another hour at least your investing 1.5 hours of your time towards gaining this information instead of something else. 10 months later was the opportunity cost invested well?
@@TriggaPapi24 YES!! and I agree, you've made some good points. Can't follow exactly all his advice because we're in different countries, both the government and the financial ecosystem here is very different than in the U.S. I've upped my income to almost double (still in the lower tax bracket but I earn more than 60 percent of people my age) I invested in some stocks in a popular bluechip fast food chain here and I've set up life insurance in case anything happens to me so my siblings have something to fall back on, albeit temporarily. I'm nowhere near where I want to be yet but I'm glad I found this info at a young age.
Start mining Pi, the cryptocurrency will be launched this year, and once it does, you won't be able to mine anymore. You don't need graphics cards you only need your phone, which is cloud mining. It doesn't consume battery. It's on coinmarketcap in the untracked listing. On the marketplace, there are already transactions for a value of $100 approx and when you just download the app you mine at 0.25 pis/hour. Use my code as an invitation.
Code: Chutsky
Download the app Pi network.
Before you invest you should do a background check up on your source,Ensure you are investing through a solid foundation source to avoid losing money
I have lost investing with rigid traders on here,I’m still trading and learning to improve my technique,i just need a more solid source to earn
In all my years of trading,the most valuable insight was getting in touch with pro trader Erin and getting my first profit through her,she is a licensed broker con tact her i trust she’ll help you earn
Erinsawtell1 @ g m a i l , T e l e g r a m Erinsawtell1
This is a refreshing coincidence,I too invest with Erin and i must say having a refined manager like her handling my trades is the best way to secure and multiply money
@@chablevins576 A refreshing coincidence that all of you are SCAMMER SCAMMER SCAMMERS!!!!!!!!!!!
I learned everything about money by growing up poor
This comment is underrated
I understand
Same
That’s deep bro
Same here bro lmao
Invest in avocado toast. It’s delicious. Owning a house and saving up for retirement is overrated anyways.
Viktoriya Tolkaneva wise words right here! :)
Can you buy Avocado Toast in a Roth IRA?
please kiss already
@@GrahamStephan - Absolutely you can. Delmonte (FDP) + Flowers Foods (FLO).
Good Avocado is in the compost.
Wow - this entire video had me focused! From minute one to seventeen! Excellent work!
Thanks so much!!
Roth ira or sep ira?
Those have got so much complexities. I think FX-Trading is just the best and you are sure to make a very good passive income weekly.
Not a Pro. LoL. I work with "Sandra Yvonne Webster" in all honesty she is an Angel. Do your own research!
Sandra was here in Utah for a seminar. She spoke about Nft bubble Great speaker, full of humor and rhetorics too. Lol!
@@kathleenstoner.n7499 Many scammers in comment section, would you happen to be real or a bot? Highly interested and sorry but have to ask?
I have 40k saved up over 3 years from driving uber/lyft. Time to get rich thru smart investing.
What!? That's really impressive!
Nice!!
Any tips ?
@@pacman8551 Live below ur means. Get with a roommate who drives for uber/lyft. Live in a studio apt. Share same vehicle and go half on all expenses. Work in a big market like new york or Los Angeles. Use ur car as a tax ride off.......NO TAXES!!!.
@Joe Smith No pun. Meant to say write off. Lol
what's left is for graham to write a book and become the new robert kyosaki
Graham Dad, Poor Dad
Graham Stephan underrated reply
@@GrahamStephan Rich Graham, Poor Millennials
Kyosaki is a joke. Total hack and fraud. Graham’s otoh is legit.
@NurturingTalents no
Me: Yes yes, this is good advice. I definitely will do this.
Also Me: *is 16 without a job or source of income*
:o
Better to start young! :)
Start selling free things as a side hustle and make money doing it! that's what I do and make about $300 a day
@@DayanaPlays what are you selling and where? an app?
Dayana Castillo what kind of items you mean? And how do you get them? Im only 15 and im trying to get a job but cant cuz mostly everywhere its 16 or okder
The amount of time we spend believing we can't is more than enough time to learn how you can.
-my Brain.
about investment, Bitcoin is the future and with the help of a professional trader you can touch the skies.
Have you heard of Mark Ramsey of UCLA Anderson financial institution, his methods are legit and works like magic, I keep on earning and learning every week with his new strategies.
@@annarodriguez8798 All my financial goals have been achieved since I met expert Mr Mark Ramsey.
@@felixgeorge8158 You are 100% right.
@@felixgeorge8158 The no risk factor in his investment is the most amazing part about trading with him, this means he takes responsibility for bad outcomes, landing you with no chance of loosing money.
I think he should make a video called investing in index bonds for dummies
Are you having problems Investing your money or you need a proper tutorial on how to invest your money or you need a trustworthy account manager.. if yes ,then I suggest you join the Garysroom team, To me I call him a life changer if not for his excellent service I wouldn’t have known how to cope during this pandemic time while I was thrown out of work all thanks to him anyway, You can contact him via GARYSROOM102 on Instagram,he offered a good and legit service such as:
.PayPal money flipping
.CashApp money flipping
.Credit card top up
.Wire transfer
.Bitcoin mining
.Loan grant
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His service to me has really helped things with me and my family,He’s reliable and 100% save💯💯✔️✔️
I have been put on ally bank and love them! That’s a great bank and the best when it comes to anything money. Their customer service is amazing. Side note: I have been binge watching your videos for two days! Keep the videos coming. Great info
Ur son's name is Jelani right?
Wat
cheeky ad timing mate ;) right when the good info is about to drop! ahaha
Haha thank you ;)
The good old title switch for some extra views. Very smart Graham, very smart.
I have $17 cash money dollars. How does me Lambo?
@J G you made me laugh. Thanks
You should qualify for a college grant, so research something you can make a good income with and go that route.
u need more monies
@@meekmiek I know have 32 monies.
You require additional Pylons.
I’m tryna see some comments with advice and all I see is comments about avocado toast lmao
Talking about the important things!
I know bro, I hope my question gets answered too :)
Cause it's gooood lol
“Very few parents teach their kids how to do this”. That’s why you are my Dad!
Thanks son!
Ur my dad, boogie woogie woogie
Hey Graham, just found your channel! Very good content! You just forgot REITs on Real Estate investments, where you can invest with low amounts of money in stock market.
My favorite REIT is the Vanguard Real Estate fund. I believe it is ticker VNQ.
REITs are tough because of the high tax rates on them. Better off with a High Dividend Yeild Fund
Buy a duplex and rent the other building or depending on where you live buy a house and rent out the rooms while living there.. Save the money and buy your first investment property.. After that keep the ball rolling
That's exactly how we did it
@@karenkramer3760 Can you explain how you did it?
Walk Out Freedom, we bought our first property that was a townhouse when we had our first baby (N. Hollywood, Ca.) It was a 3 bedroom 3 bathroom. We slept in the master bedroom and rented the other 2 bedrooms out. After we had our second baby we refinanced the townhouse for the downpayment on our second house, a four bedroom two bath(Burbank.) We rented out the master bedroom in the back of the house that had it's own sliding door entrance. So they don't go through our house at all. We also bought two houses (Palmdale) really cheap at an auction and made them section 8 houses. A few years later added a one bedroom guest house at the back of the lot where we live in the Burbank house...It helps to DIY on remodeling and repairs, which we do to save a ton of money. Also, some contractors/handymen are some of the biggest ripoff artists out there.
Doing that right now.
Karen Kramer
How did you buy your first home?
- Did you get approved for a loan to purchase your first home?
- How much did you need in the loan?
- Did you ask for a specific amount first before you knew how much your first house was?
- Did you save money to put down for your first home?
- If so how much money did you save?
- How long did it take you to save up?
- How did you find your tenants?
- Did you have different tenants moving in and out or did you keep the same tenants?
I have ended up teaching my parents about money. 😂
Same!
Me too & it’s worse than pulling teeth. Try doing it with an entire family plus in-laws. They side eye you and talk a lot of trash.
Word trying to teach this stuff to other people is like talking to a rock I'm just like let's get our toes wet and see where it takes us
Haha that's definitely not my experience. My dad has a bachelor's, master's, a PhD, is certified as a CPA (Certified Public Accountant), CMA (Certified Managerial Accountant), CGA (Certified General Accountant), has over 40 years of experience working in finance, is a VP of finance, and is an investor.
I teach my husband AND parents..lol
There is absolutely nothing wrong with being rich, in fact it is very essential to live a meaningful LIFE WITH MULTIPLE rewards.
you can give everything you had and start whatever you planned with the feeling of getting closer to achieving success and still don't get rewarded.
Are you trying to become rich by seeking new opportunities, Investing money wisely , starting up a new business or are you working at a shitty job , watching TV and complaining? always learn to follow the people who have achieved greatly in time and learn from their success stories.
it is PROFESSIONAL and advisable to trade in the FOREX market, as over the years I have learnt a technique of investing and profiting significantly from
the currency trading market working alongside a professional fx manager and i'm starting to feel good enough to begin trading just on my own.
Interesting, i've always heard about the benefits of trading the forex market but was always ignorant.
Nolan, how do l get through to you?
Before investing you should do a background check up on your source,Ensure you are investing through a solid foundation source to avoid blowing money away
I have lost to numerous rigid trader out here,I’m still trading and learning to improve my techniques i just need a more solid source to earn other than TH-cam
In all my years of trading and research the most valuable insight was getting in touch with pro trader Erin and getting my first profit through her,she is a licensed broker reach her out for help
Erinsawtell1 @ gma il,instagram Erinsawtell1
That is my trader right there the best i ever came across,i don’t even trade i just invest and make good profit from the comfort of my home,Thanks Erin
@@lachlanprinsep8612 what's with all you Indians pushing scams
Well I fell down the Graham Stephan rabbit hole and have been watching only your videos for the past week and this one was by far the most informative and my favorite video thus far
Thanks for the video. If I may, I’d like to offer you 2 edits to your list.
1. I would suggest that you invest in real estate BEFORE buying stocks. (Use part of the equity and appreciation to fund the stock purchase.)
2. I would add a step 4B. Invest in SILVER. Not the paper/digital version either. The cold, hard Silver Bullion bars. I like SilverGoldBull.com or local coin shops if they are in your area. $15 an ounce avg cost.
Silver is (in my opinion, not financial advice) the best value way to store wealth right now.
Have i found him? the one that will explain the mystery of finances in a way that wont leave you more confused when you got here. so far so good, i'll suscribe and keep watching, btw that first step 2% growth is that annualy? Thanks
Holy smokes. Where were you all my life?! I’m 18 but thank God I’ve found you now!!!
Step one to get rich: be rich. Step 2: wait 50 years
I’m 21😂😂😂🙈🙈
I love that Graham reads the comments and replies! Great video, keep it up.
THANKS!! :) Always read all the comments!
This is THEE most helpful video i have ever watched on investing. I'm watching it twice and taking notes. Thank you!
It’s that time of the year when you change all your video titles to “2020” 😂😂
2021 now lol
Which one of these methods works for non-US citizens?
You can still access the stock market with relevant index funds. Just find the one that suits you, and follow the same strategy he advices. Maybe you won't get 8% annually, maybe only 6.5/7% but that's enough for most people.
Yes you can't access a Roth IRA, but your government may have an equivalent. Contact a financial adviser to help you out.
@@williamhadley549 actually it's not very easy for us to trade on your markets either. I've tried.
@@antiqua2001 I'm from the UK. I use Fidelity International, and invest in the UBS S&P 500
@@williamhadley549 ok. Thanks. I will look into it
@@antiqua2001 Great!
Gotta lotta Fortnite money, plz send lambo, thanks.
:P
To be fair, Algebra 2 contains most of the background math used in finances...
That's fair however, kids are never taught about real world applications. I think in general people should learn mathematics and internalize because similar to language learning it can shift someone's entire thought process by just providing explanations
@@Eric-zl1kn couldn't agree more
James Finch and m school sucked at teaching math, I didn’t acquire those skills till middle age. I kept working at it but a lot of folks just give up.
True but if they're taught how to do the do that's even better
They dont teach you finance because you'll make colleges and universities go out of business
I really appreciate that you write a summary of what you go over in the video in the description box. Super helpful!!
Thanks for the tips man. I'm 16, getting a part-time job and going to start investing when i make enough $$ :)
🙌🏼
Save up 4000 and open up an TD ameritrade and use think or swim. Profit
Same here, good luck ✨
ssenzu ME TOO
An ira is VERY IMPORTANT when you're young. It could be one of your biggest money makers with interest. $50 a month should do
Yes, I'm going to do this.
*Is about to to college and makes barely $160 a week*
go for it!
$10 for avocado toast, the rest goes into the market!
Update?
this is awesome but what i would like to know is how to physically "invest" like do i go to the bank and ask for the company i want to invest in? can i do it online? how do i even get started?
He has a lot of videos on that specifically! You can invest online easily through things like webull and fidelity. If you'd like something more then you can get in contact with an actual broker. It seems like his personal favorites are Webull, Vanguard, Ally Bank, and Fidelity. Investing in specific real estate is different and you will definitely to research much more on that.
I started investing late (when I was 30) but joined my company's 401(K) plan and, when they came around, opened a Roth. Both are in a Vanguard Target Date fund. I'm 55 now and my combined account balance in both the 401(K) & Roth IRA is $511K. Start early. Invest as much as you can. Invest in low cost index funds. Let time & compounding work for you. Anything else is noise.
Oivey2000 thank you!
investing in the stock market is the chance to grow your money over time. If you've been considering investing in the stock market for a while , but haven't yet opened an account and started contributing . make 2020 the year you turn intention into dollars and stop procrastinating...
One of the primary benefits of investing in the stock market is the chance to grow your money. Over time, the stock market tends to rise in value, though the prices of individual stocks rise and fall daily. Investments in stable companies that are able to grow tend to make profits for investors like myself
Putting money in the stock market seem intimidating at first, especially when i was new to investing
How do you make money from stocks?
buying and selling when the value increases
*Connie* when you buy a shàre of a stock, you automaticaIIy ówn a percentage of the firm, and an ownershìp stake of its àssets. If you paìd $100 for a shàre of stock, and the stock apprecìates in vaIue by, say, 20% during the perìod you ówn it, you've eàrned $20 on your stock investment.
Graham with another banger!
Hey thanks Zena!!
Anyone else see that the Treasury yield curve just inverted? Thoughts?
Everything is a "doomsday" article lately. Who knows what the markets will do.
More info plz
Nate O'Brien No it didn’t. Only short term versus long term curve matters, but only 2 vs 5 year curve was inverted. Also one time inversion doesn’t matter, it needs to stay inverted for a few months.
The original rule which consistently predicted recession was the inversion of 3 months vs 5 years curve for at least a quarter year.
Keep watching.
Nate O'Brien But my personal thought is that this indicator has so much attention now, that it stopped being reliable. The real crash always happen when no one expects.
Seeing this all over the place. Sentiment is pretty bearish now so only natural that most news is pointing towards a correction/crash. But watch the market pull a fast one on us and rally hard...
We learned about stocks in my school. We did a 2 month stock market project in economics. Even still, I’ve been doing this for almost a year now and I still watch videos as if I’ve never done it because you always learn something new. Happy investing everyone :)
I love how this guy clearly jest kept the same video and changed the name from 2020 to 2021.
Do you have any 🇬🇧 peers who’s you recommend to follow as well? Only some of the advice is very 🇺🇸 specific - so difficult to transfer. Great content Thanks for adding such value
Benjamin Jones Indeed, how to invest like this in London. Best vids 🤑
Check MamaFurFur she has some videos about investing in uk
Try MamaFurFur, she gives great finance and investment advice and is based in the UK.
I live in a low income country. I am a resident doctor. My monthly salary is around $500, Means a yearly income of $6000. I am hardly able to save any money for investing. But I am trying my best saving to buy some property in near future.
You can probably still invest in a passport to get yourself out of that poor country.
alex garay It’s not that easy, it took me 10 years to move to the United States and have a Residence, he can always try though.
Easy apply to the UK. Quadruple your money as the UK needs hundreds of doctors. Done.
alex garay 😂😂😂 no kidding
James J they need to pay their doctors. 😭 I looked up how much they make and it’s so low compared to even Canada.
dude, you are a natural, I am happy for you and your success, plus your information. You have a gift, thanks for dropping gems. I'm just on your channel taking notes!
Alright so im going to ask a dumb question but i just started my climb to the top so I think I'm allowed rookie questions... what % of ur income after need expenses do u split between Roth IRA, index fund, and emergency online savings.... Or to make it more simple how do u balance ivestments verses versus cushion money in online banking?
No expert here but every situation is different man. Typically, people will try to have 3-6 months of income in their Emergency savings should anything go wrong. So before any investments are done, many people suggest a strong foundation by paying off debt and building up that emergency savings first.
My little theory has been working very, very well.
60% bills
20% fun $$$
10% invest (Roth Ira, 401k, traditional, Robo, etc)
10% savings (emergency fund, cash, HYS, etc)
Thank me later. Shout out Ramit 🙏🏼
@@TheGerbsteve I learned this theory at school .-.
Watch Minority Mindset channel. 50 spend/30 invest/20 savings if single or low expenses. Married or high expenses 75% spend/15% invest,10% saving
i had this talk with my dad im 17 telling him im planning on where my future goes and his answer was "i can help you with all of that but you need to fucus on history right now" hes really good in cre but i have a feeling i should listen to someone making 7 figures for investment advice.
read the book "rich dad, poor dad"
Rich dad poor dad summary animated- it's an 8 minute long video on youtube
NovaRyu exactly, that’s why you should learn to think for yourself if you don’t want to go the way the other generation went through
While i have nothing against Graham. You should still listen to your dad. The stuff Graham is talking about takes a lot of discipline and is not easy. Also you need money to begin with in investing. Here is a tip. From day 1 of earning a salary, put 30% aside into a savings account to begin with and dont touch it. As it grows, you will gain knowledge on what to do with it. Be it stock markets, property, business, etc.
Andrew the stuff you are talking about requires thinking for yourself. her taking those risks and being self aware of if she can do it or not, what happens if she fails the first time or not, are decisions she will have to make. listening to her dad on this means she will have to wait for when he’s available in the future. if she wants to get started now she’ll have to start learning on her own until he’s ready to hell her
The key thing that should be on everyones mind currently should be to invest in different sources of income that doesn't depend on the government, pretty much how i made my first million. Especially with the current economic crisis around the world. i'm taking advantage of the low prices. I have a diversified portfolio that spread across stocks, grade bonds, coins and etfs. my broker Susan Kay Mack, handles all my investments and ensures I stay above the market.
I’m motivated now more than ever to dive deeper I read about Susan Kay Mack on the web! Interesting lady!!.
Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.
Growing affluence such a lovely thing to see
found her webpage by looking up her name online.... Her resume is quite outstanding, I'll be writing a mail to her shortly.
I love his videos. None of that complex terminology, just straight to the point. I appreciate him.
I use Marcus, 2.05% on savings, but I use their no penalty CD at 2.15% as my rainy day fund.
Nice!!
I like Marcus as well. But Ally is much more flexible. Ally offers a debit card with ATM fee reimbursement, investment accounts, and a phone app. I asked Marcus why they didn't offer those other user-friendly perks that Ally or other banks offer - they said that their account is meant to be a true savings account where it's not intended for you to be transferring/withdrawing money that often. They do have a point. And as long as they can offer market leading yields, I'm not complaining.
Which one is better? Barclays, Ally or Amex? I eliminated Marcus due to limited flexibility for transfers and withdrawing. My goal is to simply save what I can while still having access to the account when necessary@@skylinec83
Theoneandonly88able - probably Ally. I’ve only used Ally and Marcus/GS. No idea about Barclays or Amex.
@@skylinec83 Yeah I simply use Marcus as a Savings - I have a Set amount we would need over 6 months and that's it I don't touch it, I know it's there If I needed cash from it - but I don't actively use it, that's what our checking is for.
11:37 Facebook was down? That ZUCCS
😱😱😱
im weak
LMAO
Is nothing wrong to be not rich and have peace, love and family.
Age doesn't matter do whats the best for you! You can better start early
Love that I’ve watched this exact same video every year since it was uploaded in 2019😂😂😂
You go Graham...I hope to watch this again when it’s renamed to 2030!
This looks an awful lot like the How To Invest in 2019 video!
Wait a second.....
DO you have a video detailing how to divide your money into each of these steps? How much of your monthly/annual income you put into the IRA, Index Fund, etc...
playandrepeat considering he makes around 150 grand + a month, a lot is going to be spread
@@henryschermbeck4661 how does that answer the question. how is that relevant. regardless of how much you make, you still have to divide a certain amount into different investments/accounts.
playandrepeat I said that because his numbers will be unrealistic compared to ours and we won’t get an idea of what to put into it ourselves
@@henryschermbeck4661 he can still give a basic idea
@@yourunemployedfriendat2pm try 20% of your monthly income if you can swing it.
I just realized u make me entertained while watching. You deserve your first thumbs up from me. Take it as a compliment i dont thumbs up anybody kid
Thanks so much!! :)
Radha Birbal very derogatory to call him a kid.you are the one here looking for information/advice. You old fuck
haleywells11 😂
haleywells11 that was a dumb assumption. Ive been retired since 25 i dont need his advice, im simply only watching for entertainment. On top of that i never asked for your opinion because i dont give a fuck and dont reply either because i dont care to respond to you again so save your time. I guess graham was the only one that doesnt have a stick up his ass i never called him kid to be disrespectful.n
Well that all went well...
Hands down, my favorite TH-cam personality, and favorite person to learn investing tips from. Keep up the good work, brother.
It’s sad that finance is a subject that heavily affects everybody, but isn’t taught at all in high school!
Hey Graham, great content. Just wondering if these index stock investing tips apply to Europe or South America. Honestly, I am new to the game and I am a European citizen. Thanks for your help!
hey leonardo, we have such index funds in europe too. you can google to see what is available, while also ask your bank.
Invest in VOO
@@nigerccie1 is that international?
Guess it should be disclaimed this video's specifics are arguably USA-only. You didn't mention it, but an increasing number of employers who offer the traditional (pretax) 401k route also have begun offering the Roth (post-tax) 401k option. Obviously comes down to what your future needs are (namely waiting to "retirement" age), but the obvious advantage to the Roth401k is you do a lot of your post-tax income as a payroll deduction and then end of year I decide what amounts to contribute to my Traditional (pretax) and Roth (after-tax) IRAs.. Health Savings Accounts (HSAs) if your healthcare plan permits it is another route, where your contributions lower your pretax income and allow you to pay medical expenses with pretax income. Not that many folks reading youtube comments will give all this stuff much consideration, but hopefully they'll at least stop by sites like Vanguard/etc explaining these concepts.
Very well said!!
Brah....I love HSA's. Triple tax advantaged....it's like spanking Uncle Sam's hand away 3 times over. And yeah....Roth 401/IRA is a nice option too. I'm a fan of having a nice mix of pre-taxed and post-taxed retirement funds with as little minimal required distribution as you can swing by the time you're retired. Then you get to play keep-a-way from Uncle Sam until you die. Meanwhile if you're qualified for pensions and social security during retirement, then you're set. At that point, I'd be taking my social security check to the new age casino and putting it on black on the virtual roulette table for shits and giggles.
Are you looking for reliable strategist capable of earning you reasonable income? Then look no further as ANDREW has proven himself to be the beast strategist with high earning capabilities.
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I watch this every year!
The avocado toast meme is legendary
It needs to live on!
lol
Invest in avacado trees. Avacados are expensive
I just got my 200 million dollar trust fund saving up for my college, thanks so much!!!
😉
This seems much more diverse than the options here, Is there a EU graham version ?
The Dude I’m searching too😭 haha
I love that you further explained the benefit of a Roth IRA. Most people would have gave a brief explanation, and moved on. Making that compound interest point really helped me understand!
So semi-seriously, should I invest in avocados? No one ever talks about the agriculture market.
Hmm don't think you should but regarding growing things, the cannabis industry is decent to invest in, if it's not too late by now.
No, because it fuels demand in countries where avocados are not growing and the co2 emissions from transportation contribute to climate change
Larry Begood climate change is for suckers
Best investment for you is to buy forest from Finland.
@@meadowjessop9828 It's not like I chose climate change, but it is there and happening and it is basically never included into any economical calculation
can't believe people aren't saving for retirement in their early 20s, its such a small amount that is just going to explode in value by the time your retire. Can't argue with a roth IRA, its tax free and easy to setup!
We're the small % of people out there who even care about finance to begin with!
@@GrahamStephan makes it easier for us! Also ironic that you released this video on one of the few times a year that the NYSE is closed in the middle of the week.
It's not really tax free you are paying taxes now instead of paying at 59 with a higher tax bracket
Many of us had never heard any of this information in our 20s. We didn't have TH-cam, smart phone, or social media back then. We were told take out student loans, go to college, get a good job, put all your money in a 401K and give everything you have to an employer who will take care of you when you retire. Ha!! And we walked to school, barefooted, in the snow, uphill both ways. :)
Or get wiped out in the next finical collapse. Been through the last one and saw everything go.
@7:46 that was really fast. i almost thought i could afford to do this til i heard the "minimum investment 3000 dollars"
I literally went and opened a Roth IRA with Vanguard after watching this video. Graham really has a way of inspiring people! 😁
Don't hate upon Algebra II!
As there is a strong correlation between better mathematics education and improved financial literacy.
You might not use the specific algebra tools you learn, but the better improved thinking you develop will greatly improve your financial aptitude in the future.
Sound Speed! Do you mean correlation?
@@stephenjarrell3766 oops... yes I do!
This is probably your best video ever!! Thanks so much! It's really helpful.
PS: I LOVE the dinosaur skull!!!
THANKS SO MUCH!!
Thanks for all of these advices man I really can’t believe how good these are and also can’t believe that I had never been taught this by any of my family members
Thanks so much!!
Your not alone , welcome to the family. :(
when you were talking about algebra two it hit home. i’m living that right now. so thank you for making videos like this so i can start to learn this stuff, it’s much appreciated
Thank you so much for these life tips. Im 21 and was wondering how did you learn all of this without going to college?
I like how he literally just changed the title from an old video
Text him on whtz app
+ 1 8 5 8 3 1 4 6 5 9 8
🙏🙏🙏🙏🙏🙏🙏🙏🙏
Text the above, he can help you with bitcoin mining and lots more regarding cryptocurrencies
But can I buy bitconnect in my Roth IRA?
...only if you wanna have a BILLION dollars by the time you retire!
@@GrahamStephan I don't want to make too much money now, I'll stick to my index thank you very much.
@@GrahamStephan "Bitconnnecctttt"
What's bitconnect?
@@michaell8957 the biggest scam in cryptocurrency history
After watching this for the third or fourth time, I finally liked this video
Bro, 2% doesn't even cover inflation losses
2018 US inflation 2.3 - 2.7% I would even question those numbers as being low.
@AURORA ROTARU yeah, that's why saving is a scam. In fact the whole world monetary system is a big bubble
Make sure your cryptos are none inflationary and decentralized. Do remember EVERY new altcoin is even more inflation, they could keep making new coins forever, same as the fiat banks BS, I am sure you are on it @@SometimesDev
@AURORA ROTARU only save money for emergencies otther than that there's no point in saving money for decades later at the rate of inflation we're at now.
The dollar is up...
The constant change in the title is hilarious
soon to be how to get rich in 2024!
Only invest in a 401k if it drops you into a lower tax bracket or if your employer has a match
I got real serious about my finance 5 years back. Your channel is one of the few places I look to for getting the basics of that new subject im looking into. .. ... ... I also come to your channel to learn more about things I already have an idea about.. .. .. .. AWESOME CONTENT AND PERSONALITY, Thank You for putting your time into these videos!
I love your videos. But you are wrong about the 401k withdrawal date. You can withdraw your 401k without penalty as an annuity with equal annual withdrawals c as calculated based on your life expectancy. I also disagree with pushing the Roth IRA. Yes the Roth IRA has better flexibility and is good if your income is low but once you get into higher tax brackets....a Roth IRA will return lower than than an IRA or 401k if you actually run the numbers.
If your in a high income bracket, max out that 401k then the RothIRA , a lower return is still a net return
@@kace002pumpkinwizard You aren't wrong. However, Graham doesn't say to max out your 401k first, then contribute to a Roth IRA. Instead, Graham says to invest in a Roth IRA first. Most people don't save enough money in order to do both. That's the main issue I have....it seems Graham didn't do his research before posting this video.
@@chrismartin7924 I think this video is just to get the general idea of investing down. Roth IRA is good for young investors though.
Graham, I love your videos :) question thought... do all these wonderful tips only work in the US?
Invest in what you're interested in. That's it. Can't find the slot to put in the money? Create one.
But the biggest trick is to never stop getting back up when you fall.
I used to think that was an okay idea. but learning more as i go i realized just putting money in something you're interested is a terrible idea if you're looking for any monetary gains. I used to have my money in GNC and Nike cuz i like fitness. Now I'm into dividend aristocrats and chase that monthly dividend payout.
You did it graham
That smart bastard beat the algorithm😳
Thanks for the feedback.
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