If I Started Investing In 2024, This Is What I Would Do
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- Опубликовано: 7 июн 2024
- I will run you through every step I would take to start investing in 2024, from what I would buy, where I would buy it, and how.
Here is the link to the cheat sheet I have put together: financialinterest.com/index-f... Just add your email, and it will be sent to you. I will continue to update the glossary as time goes on. Please watch the Loom video on the overview page to see how to use it properly.
The brokers I use:
Trading 212
trading212.com/promocodes/DAMIEN
If you do not get your free share after depositing £1. Use promo code DAMIEN, you will find it in the section with the three lines in the bottom right corner of the app.
InvestEngine
investengine.pxf.io/eKR40z
Get a Welcome Bonus of up to £50 when you invest at least £100 with InvestEngine
Vanguard
www.vanguardinvestor.co.uk/
This is not an affiliate link
Other videos that will help:
USA vs Global: • S&P500 vs Global Index...
ISA's Explained: • ISA Explained for Begi...
Best ISA providers this year: • Best Stocks & Shares I...
Timestamps:
00:00 - 2024
00:23 - The best performers
03:26 - Picking stocks
05:22 - What to buy
08:37 - How long for?
09:40 - The account
10:35 - Picking a platform
11:42 - Make you rich.
13:37 - Boring
DISCLAIMER: Some of these links may be affiliate links. If you purchase a product or service using one of these links, I will receive a small commission from the seller. There will be no additional charge for you.
DISCLAIMER: I am not a financial advisor and none of the content on this channel is financial advice. All information is provided for educational/entertainment purposes. If you are making investment or other financial decisions and require advice, please consult a suitably qualified licensed professional.
10:20 the bar label should be £3k not 1.5. I use an editor on certain content and this slipped through the review process! Sorry.
financialinterest.com/index-fund-cheat-sheet/
Here is the link to the cheat sheet I have put together. Just add your email, and it will be sent to you. I will continue to update the glossary as time goes on. Please watch the Loom video on the overview page to see how to use it properly. I have had issues sending emails to outlook/hotmail so if you do not get it please check spam or try another email.
Thanks for the great video and links Damien. I think the webpage where people put in their email maybe having a few issues. Getting a ‘bad url’ error on chrome or safari.
Thanks Damo you are the man, keep up the good work!
@JayantKaul Hi mate! So I tested a load of different ways and it all looks good from my end, I have also asked other people to test and all good. Please let me know if you keep having issues and we can investigate further!
Off topic but your RUclips videos have amazing look and editing, could you please share what tool you use and any tips how you learnt editing please ?
@@GullaBulla Thank you! So i have edited all but 2 of the videos on this channel myself so you can see every bit of editing i have ever done on here. If you go back to my first video, you will see it was nothing special. Good editing takes time, both to learn and to just do even when you have learnt, in fact the more you learn the longer it seems to take. So just understand if you want to edit a video to a good level it will take a while. But you can 100% create a vibe without a crazy edit, music choice, audio and sound all help a lot. I also like cutting to a beat.
I use Davinci resolve to edit on but honestly he software is not important, any of the good editors will do.
I enjoy editing when i have the luxury of time to pour into it but i also hate it when i have to rush...
The best advice is pick a software and then start watching youtube tutorials on how to do things, It is kind of like playing an instrument it just takes ages to get good... But now i can see an edit in youtube video, Netflix or whatever and think ok i can probably work out what is being done here.
When you venture into the world of financial investment, it's important to understand some foundational principles
It simply means the allocation of money toward an asset or portfolio, with the expectation of earning a return over time.
Yes, It a procedure where you allocate money or capital towards buying financial products, expecting to earn a considerable return in the future.
According to Patricia strain an expert, this can occur through appreciation in the price of the asset, earning interest, dividends or royalties.
I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash I invested the money using an analyst, and in seven months, I raked in almost $673,000
Patricia Strain knows it all, how can i reach him please.
I believe investors should focus on under-the-radar stocks, especially given the present rollercoaster nature of the stock market. 35% of my $270,000 portfolio consists of collapsing stocks that were previously respected, and I don't know where to go from here.
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. its important to seek the guidance of an expert
It's true that many people underestimate the importance of advisers until their own feelings burn them out. A few summers ago, following an ongoing divorce, I needed a significant push to keep my company afloat. I looked for licensed advisors and found someone with outstanding qualifications. She has contributed to my reserve increasing from $275k to $850k regardless of inflation.
@@WilliamRosser487 How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
Jennifer Lea Jenson 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..
I just curiously searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you
The market trend can turn around very quickly. In fact, the indexes often switch from a bear market to a bull market when the news is at its worst and the mood of investors is at its lowest point. I read an article of people that grossed profits up to $150k during this crash, what are the best stocks to buy now or put on a watchlist?
In particular, amid inflation, investors should exercise caution when it comes to their exposure and new purchases. It is only feasible to get such high yields during a recession with the guidance of a qualified specialist or reliable counsel.
True, initially I wasn't quite impressed with my gains, opposed to my previous performances, I was doing so badly, figured I needed to diverssify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of 550k...that's like 7times more than I average on my own.
This aligns perfectly with my desire to organize my finances prior to retirement. Could you provide me with access to your advisor?
Angela Lynn Schilling is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
I'm DCAing in Blcktken300 as well. ETH heavier DCA and ALGO. I'm taking your advice and starting Google tomorrow with a 50 dollar purchase and continuing Microsoft and Apple. VTI and VOO on another app and longterm portfolio. Here we go family!
Took your advice on understanding all the jargon and haven't looked back. Thank you for making investing easier to understand.
Amazing video. No minute wasted. Full of great great advice especially about the mentality of "I'll be happy when I get there" that so many fall into.
Destination anxiety is what they call it
Brilliant explanation that’s genuinely empowering. Thankyou.
Hey man, just wanted to say brilliant video. Not only you made it fun for me and my dad to watch but you made it so much easier to understand. Thank you and i wish everyone who watches your video great success and prosperity! :)
Love that you watched this with your dad I hope it helped you both!
Nice!!! Clear and very well structured video!
Bloody brilliant video. Thanks Damien
I don't usually comment on videos and have never watched one of yours, but I genuinely think this might be the best video I've ever watched in my life, thank you!
Mate, this is gold. The approach and basic nature of the advice is so accessible.
This needs an outreach programme to get this type of advice into schools. This approachable financial advice for kids is so important as they move into work. They'll have it sorted wether they start work or start their own business at any age. Love it 👍
Thank you for this lovely feedback! I would love to help schools
Outstanding Commentary!!!! Priceless!!!! Thank You!!!
I am turning 46, works for NHS, solely relying on work pension, thanks to you now I have ISA now, looking 👀 to invest in index funds to help retire comfortably.
Thank you for all the links- very helpful.
You have been an amazing RUclipsrs who truly understands and support the community through your content.
Greatly appreciated.
Keep up the good work Damo.
I would love to see a video explaining different asset classes available for general public to invest.
Finally somebody that can explain how it all works, in simple terms. This has been a great help. Thank you 😊
Damo, your channel has honestly changed my life. Ive lived from paycheck to paycheck (zero state) my whole life. I was always finacially illiterate. One of your vids randomly popped up in my algorithm in march last year and ive been hooked ever since. I watch your vids all the time and cannot believe how much ive learnt. Most importantly, from being extreemly frugal, I have gone from a zero state lifestyle, to having genuine accountability for my finances. I cant thank you enough for the wisdom your channel has given me and the path it has put me on.
This is an incredible comment to read! Thank you so much for leaving it. I know it sounds cliché, but this is the best part of doing this RUclips channel. The idea that I have helped people improve their lives with my videos is just amazing. Well done for taking action; most people would not have done that, so please give some credit to yourself!
@@DamienTalksMoney it's absolutly life changing mate. I was in such a rut, constantly overdrawn, addicted to purchasing and consuming. I have a reasonably good job but was unable to keep any of it due to my ignorance. Your vids have put me on such a good path and I'm grateful for that. You deserve all your success, well done.
Excellent video. Investing is a confusing space and you simplify it and throw in some humour in your down to Earth style. Your content is much appreciated. 😊
Thanks for sharing Damien. I always enjoy watching your videos
Getting back into investing recently, I've just read Psychology of Money and this video resonates so hard with the lessons in that book. Great video, concise, no bs, well edited, and informative. Easiest subscribe ever.
Always heartfelt advice Damien, thank you for what you do
First time checking you out, very educational and you did bring a bit of excitement to trading 😂
2024 is my year 🥳
Thanks Damien, for reinforcing the index fund strategy. Once in a while I need this to stick to the routine :)
Knocked it out of the park again. Well done.
I'd retiring or working less in 8 years, and considering this financial recession, Im deciding to begin taking up skilled trades. I'm curious to know best how people split their pay, how much of it goes into savings, spendings or investments, I earn around $120K per year but nothing to show for it yet.
You should contribute to your retirement diligently, or better still look into financial planning don't come to youtube for advise, consult a Local or trusted online broker/ planner
Very true, I find myself lucky enough exposed to money management at an early age. Worked full time when I was 19, purchased first home at 28 fact forward timo I'm 57 now not laid off
This is huge! would love to grow my reserve regardless of the economy situation, my 407k has lost everything accrued since early 2019, at this point, i'm in need of guidance, can you point me?
Christopher Alexander Walter is the licensed fiduciary I use
He's mostly on Telegrams, using the user name
Thanks Damien. I love how you explain things with great understandable visuals and a warm approach. Somehow you bring empathy and heart to finance.
Much appreciated… thank you!🙏
Excellent video, especially the last few minutes which put things in a real perspective.
I’m a Chartered Financial Planner here in the UK and this is honestly one of the best explanations of investing for the longer-term in low-cost index solutions I’ve seen. You hit the nail on the head and your graphs are fantastic highlighting the need to ride out the volatility. I also think your spreadsheets are fantastic mate. Keep up the great work, I love these videos.
Hi Max! Lovely way to start my weekend this, for you to give my content the thumbs up as a licensed professional means the world. Thank you!
Genuinely the best video I have ever watched on money. Clear voice, tone, editing, camera, and information so easy to grasp that you actually learn stuff efficiently with advice.Thoroughly enjoyed.
Exactly how I felt watching it. My opinion is that at the end of the day, there's no one particular way of bridging the gap between poor and rich. but starting to save early and investing in the financial markets can never go wrong. if I were to start over in 2024 with less than $50k I would still use the portfolio management play-book again
@Barbararichstone this is definitely what I am trying to do! think you could suggest any professional/advisors i can get in touch with? i'm in dire need of proper portfolio allocation
I appreciate it. After searching Kristin Amy Rose her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get.
This is probably the best advice I've heard on RUclips, well done
Good, level-headed, & above all understandable material.
Videos keep getting better Damien! Love the new edits, hope you had a good weekend
You are so kind thank you for very much!
Awesome!
most helpful video RE investing ive ever watched. exactly what i was looking out for
Thanks for the financial advice 🤓
You're so powerful man! I see your video with such an enthusiasm! and I'm not even into money or investing too much (I'm a very basic investor at the moment).
So well well well done you! thanks for you time, your insight and your honest information! keep up the great job man!
Thank you mate! Keep going with your investing you will do great long term and i will be here to help anyway i can.
Things appear strange right now. The value of the US dollar is declining due to inflation, but it is increasing in comparison to other currencies and commodities such as gold and real estate. People are flocking to the dollar because they believe it is safer. I'm worried that rising inflation will cause my $420,000 in retirement funds to lose value. What else could we do with our money?
Personally, I would say have a mentor. Not sure where you will get an experienced one, but if your knowledge of the market is limited, it seems like a good bet.
Yes To be honest, investing is a smart way of securing your family future, grow wealth and beat inflation
I agree to successful on investment. Having an investment advisor is the best way to go about the stock market right now. I was going solo, but it wasn't working. I've been in touch with an advisor for a while now, and just last year, I made over 80% capital growth minus dividends.
I'm interested how do I connect with the financial consultant?
She mostly interacts on telegrams, using the user below
I love this outlook on investing. I can't wait to get started. Thank you for this. Glad I found ya.
Glad you found me also mate!
Absolutely fantastic video mate. Amazing :)
Thanks for this video Damien, literally starting investing properly this year after finally getting onto the property ladder in the autumn 👍🏻
Mate you are doing great! Here is the basics and I hope they help. The key is long term thinking and consistency and just not going crazy and blowing your portfolio on a meme crypto token or a shady EV company
I rarely rarely comment on YT videos as I just watch and move on. I'm 30 years old and just started investing so I hopped on YT and typed in "learn investing" and your video popped up. With our attention spans getting shorter and shorter I was amazed at how captivating and easy to understand your video was. Your analogy about why investing in the magnificent 7 might not be the best thing for 10 years down the line same for the US S&P 500 was something I would have never thought about. At the end I thought to myself " What? 14 minutes is already up?" Could have binge watched this if it was a 3 episode 40 minute series! Amazing job on this video man! Subscribed and going to watch as much as I can
Love this feedback thank you so much!
Brillant! Thanks Damien
I’ve watched a lot of these videos & gotta say your ending summary has to be the best advice out of all of them.
Great video as usual Damien. Makes me even more confident in my index fund investments (up 18% in 2 years) - Vanguard ISA. Buy, hold long term and don’t look at them daily (or try not to anyway😂)
That is a lovely return!
What is the best strategy to enter crypto trading now for someone with more or less than $7,000
Having a ProTrader to keep you accountable is crucial. I'm under the guidance of Jared Brian Watkins
Jared demonstrates a remarkable aptitude for seizing opportunities presented by economic changes. I trust his skills
How can I consult him
face-----book
Jared Brian Watkins is his name there
Love the videos, they feel honest and on point, no fluff.
Quality video mate! Thanks
I was actually looking at my pension on Friday, 40% of it weighted towards the UK so I know that a global tracker would be a good move but I wasn't confident enough to make a decision. This really helps and confirms I was looking at the right funds, thank you!
My pleasure! Thank you for commenting to let me know it was useful
I’ve my investments split 40% on S&P and 40% world index with 10% in emerging and 10% on small cap. I find this keeps me a bit more engaged rather than dropping the full amount into a world fund. Also a small allocation to crypto and my wife’s isa being used for individual stocks allows for a small sort of ‘side project’ to it all. Makes it a little more fun.
Each to their own and the best time to start (if you haven’t already) is today….
Thanks very much for the videos Damien.
The world index is already 60% American, so you’re investing primarily on the American markets. Not necessarily bad, but just be aware of it.
@@u3vs62cja yeah and thanks very much mate. I’m aware and happy with the spread. More than happy to have a majority weight to US equities.
I do something very similar - I also don't mind the overlap.
10% small cap (6% global small, 4% usa small)
90% large/mid (30% s&p500, 30% developed world, 30% global momentum)
I'll probably be better off just sticking with developed world or s&p 500 and over complicating things though !
@@wingtsun1 yeah, one payment into a world broad fund - set and forget….. makes sense but I like the process of buying the individual efts each month, balancing the portfolio and reinvesting the dividends.
What is the world index? Can you find that on trading 212?
Thank you so much for your videos and for the cheat sheet!
Love this video, I’m 55 and done ok’ish just using common sense, but I wish I’d seen this 30 years ago, but I’ll be telling my daughters
As they say, time IN the market is better than trying to time the market. I wish I had 40 years left to invest.
Thanks man, this was very nice and easy to follow. I've got 2 questions though, can we do this from outside of the USA? 2. Considering a middle age, middle income and not so long term minded person with constant need for cash, are these still the same process? I am new to this and everything still confuses me.
I'll tell you this from experience, it's always better to use an actual market expert in situations like this where you have other factors coming into play so you don't end up losing your hard-earned funds. They know their way around the taxes and the market better. Just like you, I don't stay in the US but made my first million last year only after more than a year of losing a lot of my hard-earned funds through trial and error investing. Good luck.
@Wayne-bk1jc true that. though I stay here, I've also thought of this, especially given how my portfolio has been performing. what are the steps for getting one.. like a really good one?
@Wayne-bk1jc true that. what are the steps for getting one.. like a really good one?
You should start by looking out for those from reputable brokerages and good track records. Personally, I use Marie, Kelly Matwick. You could also look into her. Also make sure the person is registered.
Me too, I'm new and wonder how people actually make money from this
Wonderful advice. You're awesome. Thank you. 😊
You are so welcome!
Your videos are spot on mate, happy new year!
I remember back in the 90s I was planning to invest £1000 in apple shares when they were at their lowest, nearing bankruptcy but planing on releasing an home computer (the iMac). It would have worked out at about 3000 shares then. For one reason or another I never did. Yes, I look back and think “I missed out on that one🤦🏻♂️
Ouch... We all have that 'one that got away' story! To make you feel better, here's mine. When I was about 11, I walked into a corner shop with my mate. He purchased a pack of these things called 'Pokémon cards.' I had never heard of them, but they looked cool, so I got a pack. The first card I ever pulled from a packet was a 1st edition Charizard. That card today is probably worth upwards of £200,000. It got stolen from me the next day by a kid at school who I was scared of.
Now i could feel bad, but the truth is I would never have kept it anyway. I would have ruined it, lost it, or sold it for a few hundred quid at best. My point is, even if you did buy Apple shares, would you have held onto them for 30 years through all the gains, or likely sold out much earlier for a nice profit but still be thinking damn if only i had kept hold..
Yes, so true. If it had. Once they hit a few thousand I would have sold. Hindsight is a wonderful thing to look back on but, reality is another thing.
I did the same back then and even though I have always been an Apple user did not invest back in the day and do regret that missed chance. I do have quite a few Apple shares now and am up 50% after just a few years so plan to build and hold these long term this time. 🎉
You really are treating us with your wisdom recently Carol
At this time of year i like to release a few videos covering the basics as i know a lot of people are looking for that info! Hope they are still useful
Appreciate it mate 👍
Great Carol service 👌🏻
The fuck is Carol
@@flemflogan4650 It is a long story
Been cutting through how to get a lisa started yesterday with an aim to lock in saving from 36-60 there and this was just what I needed to remind me I'm a beginner but I need to do this for me
Great vid, thank you.
Damien, I’m happy to see you posting a little more often. I always love watching your videos. There’s been a few times where I’ve been waiting for a post from you, thinking it’s been a while. You do a fantastic job, entertaining and, enlightening us(don’t forget to squeeze more of those dad jokes in😂). I appreciate what you do. Thank you.
The dad jokes are coming don't you worry! I hired an editor to help me with editing some videos and that means i can make more as you can see! I hope to make a load of videos this year and please let me know if the dad jokes get too bad haha
@@DamienTalksMoney We all know dad jokes are fun. We love them. Well apart from those few that have no humour.
Keep up the good work Damien. You bring a little light to guide us through our perception of financial doom and gloom.
I'm trying to learn more and more about forex every single day but I still have some questions and the most important one is: Let's say I don't have time for studying charts and I'm someone who doesn't know when to buy and sell can someone let's say who had made profits and knows what he's doing tell me when to buy and sell is it profitable. The second question is. There are lots of different platforms and I'm using meta trader 4, does every platform has its own market? What I mean by that is every platform has its own prices and fluctuations?
Take a step back and re-assess your method. Same thing was a problem for me too when i first got into trading, i went head on with out knowing enough. But along the line I started working on trades with my discretionary fund manager "Erna solbeg
Everyone keep stating the importance and advantages of working with proper mentorship but no one offers pointers on how to find good trading mentorship. Sucks yeah🤦
I am surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week..
Trading is mental game, that is why most people lose money because they cannot control their emotions. Because the prevalent idea of our culture is to effortless indulge and focus on their own pleasure and wellbeing, but controlling your emotions is unpleasant and painful and that is why most traders lose money because they don't want to meet the pain. That is why there is so many drugs, alcohol, obese and fat people, broken marriages and adultery.
,,,,,,, erna solbeg's concept is key in beating all odds to excel in this form of online commodity. Her management team is quite impressive so far! With SUK made a profit of over 28,863 dollar💯💯
You have just got a new subscriber. Was just finding something on google on what to invest in and this is a great explanation of stocks. Thank you 👍
You rock! Quality content and presentation
I’ve got a couple of good ETFs in my portfolio and I still got other share holdings doing incredible numbers. I’m up 47% from last year! I’m also well positioned with good blue chip companies and I have stop losses in place.
Amazing well done! Which companies have performed best for you?
Thanks and all the best on your investing journey. Personally with insights from my advisor I prefer to invest in large cap companies which have economic moats, large cash flows and strong balance sheets. Some of which are AAPL, MSCI, IUKD, VHYL, SCHD, NVDA and Barclays.
Geez, strong performance in 2023. Congrats! Kick down those Wall Street doors
I’d say your IA is doing a great job protecting your portfołio. More still impressive as you’re making fortunes in these turbulent times!
I’d choose expertise any day because finding the right balance between investing and living is very important to me.
Been watching your videos for a year or so. Just wanted to show my appreciation, Thank you for making solid content. Watched a video recently which explained how alot of finance youtubers are selling out and giving terrible advice but you're one of the few I think who actually gives good advice. Keep up the good work.
Really appreciate this, mate! At the end of the day, I am not perfect, so I won't pretend to be but I know that behind every view is a real person trying to improve their finances, so I won't betray that trust for a quick buck. My conscious wouldn't let me sleep at night
Also, I do well enough money-wise from the channel, so I just don't get why the big creators throw it all away...
@@DamienTalksMoneygood intentions turn to bad intentions when few ££ signs are thrown their way. I guess that as soon as they perceive their channel to be a cash cow and NOT one that aims to provide good, solid info then it all changes.
Thankfully you haven’t gone this route and it would be all too easy to your subscribers to be able to tell if you had.
Thank you for sharing
Thought provoking as ever Damo. Good video - come to expect nothing less!
This time in 30 yearrs we'll be millionaires Rodney
Great content as always, heres to 2024
Great video! I really do have a question.
For someone with less than $10,000 to invest, how would you recommend we enter the crypto market?
I am looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally.
What’s your take on this approach?
I'm new at this, please how can I reach her?
YES!!! That's exactly her name ({Kaitlan Blitzer})
so many people have recommended highly about him and am just starting with her from Brisbane Australia 🇦🇺
i just withdrew my profits a week ago,
To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but,
too much bills
Really you guys know her?
I was even thinking that I'm the only one she has helped walk through the fears and falls of trading
Great video. Thank you!
Top banana. Never commented on a video before. These are good. Thanks
Hi Damian, thanks for all the great content I’m very new to finance and investing but you have helped me understand a lot over the past year or so, my question is could you possibly do some content that aims at the older investor with not as much time in front of him(say 40+) and also people who are self employed so don’t have work based pensions? Thanks again.Wayne.
Hi Wayne, yes i can look at that for you certainly and i will add it to my content list.
Damo
Great shout trav 👏🏻
Investing in mutual funds offers a structured and diversified approach to building wealth, managed by professional fund managers. While there are costs and some limitations, the benefits of diversification, professional management, and ease of access make mutual funds a popular choice for achieving a variety of financial goals.
ADBE, VWINX and FSPGX are all still good buy, but what do I know I’m not a financial advisor lol
Exactly, I used to doubt the value of a financial advisor until my wife's company assigned her an investment adviser in 2020. Honestly, it’s been the best financial decision I’ve made. It helped tremendously; I went from barely making any profit to having a well-diversified portfolio that has grown significantly, with gains exceeding $850k.
Your advisor must be really good. How I can get in touch? My retirement portfolio's decline is a concern, and I could use some guidance.
I work with Sharon Lee Peoples as my fiduciary advisor. Simply look up the name. You would discover the information you needed to schedule an appointment.
Great video. Really well explained. Covers the key concepts. Keep up the great work.
Thanks a lot for the great content and the cheat sheet😊
the yield on bonds have decreased especially on the long end (30 and 10 Y) indicating that the demand is still there even if the supply remains huge showing a preference for safety. I'm still at a crossroad regarding whether or not to liquidate my $138k
Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.
I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000@@Owenra
@@victoriaabott Please will you be kind enough to share the details of the man that helped you?
Actually its a Lady. Yes my go to person is a 'Suzanne Evelyn Rinelli'. So easy and compassionate Lady. You should take a look at her work.@@Donald-George
@@victoriaabott Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks.
Rather of relying on penny stocks, I wish to diversify my assets by investing in ETFs/index funds/mutual funds and stocks of corporations with stable cash flows. I received 350k from the selling of my El-Paso property. What should I do?
Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder
Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think t hi here are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2019, and I return at least $121k ROI, and this does not include capital gain.
This is exactly what I want to do in order to get my finances in order before I retire. Could you give me your advisor's contact information?
My CFA ’’ Vivian Carol Gioia, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..!
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 resume.
Smashing it up mate. Well done as always. Nice Shacket btw.
Thank you for this!
I think one thing to add is that 'time in the market' beats 'timing the market'. It's better to add amounts consistently over time regardless of the state of the market than big lump sums when you think you've timed it well.
Yep, even if you have 10k to invest today, you should probably put 2k into stocks a month for 5 months. At least you're averaging up or or down and less likely to be caught out.
Lump sum ( at any time ) has been proven to be the best thing to do if you've a good few years ahead. Psychology of drip feeding keeps you sane.
@@weeeeehhhhh And what do you recommend doing with the rest of the 10k while your DCA'ing it into the market over 5 months? Just let it sit in a bank account earning sweet a FA? John3093 is right, get it in the market as soon as possible.
Add something that's WRONG? Already proven that a lump sum early on is far better than dripfeeding. DYOR.
In 2024,don't set new year financial goals without consulting a financial adviser.there expertise ensure a solid plan for success.Building wealth involves developing good habits like regular putting money away in intervals for solid investments.
I agree, based on personal experience working with an investment advisor, I currently have $1m in a well-diversified portfolio, that has experienced exponential growth. It is not only about having money to invest in stocks but also you need to be knowledgeable, persistent, and have strong hands to back it up.
@@GraceFrancis-ob6gsMarie Ann Treloar
She’s the license coach I use. Look her up on Google you will find the necessary information and also her web page to make a contact and schedule an appointment with her
@@GraceFrancis-ob6gs I'm not at all impressed, it's a SCAM
report these comments y'all
Damien, a genuinely fantastic video. Well done 👏
thanks. Great advice.
Great video! I really do have a question. For someone with less than $40K to invest, how would you recommend we enter the stock market?
Because they are used to bull markets, most people find it difficult to handle a decline, but if you know where to search and how to get around, you can make a sizable profit. It depends on how you plan to enter and leave.
Very true, people downplay advisors role, until burnt by their mistakes. I remember just after my layoff early 2020 amidst covid outbreak, I needed to stay afloat, hence researched for license advisors. Thankfully, I came across someone of practical knowledge, and decades of experience, my stagnant reserve of $325K has yielded nearly $1m after subsequent investments so far.
@@roberttaylor662 That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?
@@dogmom-pt5we
Personally, I delegate my excesses to someone of great expertise ''Monica Amanda McClure' preferably you can look her up online, her qualifications speak for itself.
Thank you for this tip. it was easy to find your investment advisor. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
The introduction of a Bitcoin ETF marks a groundbreaking moment in the cryptocurrency world, merging digital currencies with traditional investment methods. This innovation could stabilize Bitcoin prices and broaden its appeal to a wider range of investors, potentially increasing demand and value. At the heart of this evolution is Sarah Jennie Davis, whose deep understanding of both cryptocurrency and traditional trading has been instrumental. Her holistic approach to investment and commitment to staying abreast of market trends make her an invaluable ally in navigating this new era in cryptocurrency investment
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Another quality video Damo, well done mate 👌 always making a really dry subject enjoyable
Absolutely amazing video, Damien!
Anyone else thinks we are F as gen z? People have degrees in medical science as example but can’t get a job in their field and end up doing admin work for £25k while in debt! The uk average salary only like £26k? It’s a joke! If you want to buy a house you need a partner and 2,3 jobs! I’m personally a software engineer and I been for 5 years I was lucky to be given an opportunity but I’m on 31k which is a joke as warehouse team leaders are on 32k we are so screwed! You can’t escape the rat race
Predicting market movements is extremely difficult in reality. It requires the investor to be right twice: Essentially why individuals engage service of experts who provide proper strategies to navigate the markets
Building a good investment portfolio is more complex so I would recommend you seek Fergus Waylen's support. This way you can get strategies designed to address your unique long/short-term goals and financial dreams..
I am surprised that this name is being mentioned here, I stumbled upon some of his clients testimonies on CNBC news last week..
What I appreciate about Waylen is his ability to tailor strategies to individual needs. he recognizes that each investor has unique goals and risk tolerances, and he adapts his advice accordingly
His technical analysis is excellent and his interpretation/projections of the market is so accurate I sometimes ask myself if he is human haha. Point is, Waylen is the perfect trader to follow for advise and daily signals.
The fact that i got to learn and earn from his program is everything to me. think about it, it's a win win for both ways..
Editing is absolutely outstanding these days on these videos. Really polished. Well done. Long time subscriber. Love the content
Great video. Focussing on mentality is huge
Great video with excellent break down of investment. I LOVED IT! Thank you
Nice video Demo. Broken down and clear… bring on the boring 👍🏻 great points and concentrating on what’s important.
That was one of your best videos. Excellent stuff
As ever, very insightful.
Thanks for this video man your videos are very clean and good info
Legend. Amazing content.
Great video as always Damien!
You get my sub because this video was so very informative and i liked all the graphs and pie charts you used. Great video Damien!! 👍🏾
Thank you!