3 REAL Ways to Turn 1k Into 100k in the Stock Market
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- Опубликовано: 20 сен 2024
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There are multiple ways to 100x your money in the financial gambling markets. Some are risky. Some take 233 years to print money. I lose money with all of them.
I am trying to avoid making any new buys at this point in other not to get sucked into a bear market trap.It's tough making money in stocks when institutional investors are the driving force behind the selling.. although 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?
You’re right! The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner.
Yes. It is very easy to buy in on trending stocks but the problem is knowing when to sell or hold, which is why a coach is important. I've been in touch with one for about a year now and although I was initially skeptical about it, I will say I've made more progress within a year generating 6figure profit
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Sonya Lee Mitchell. 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..
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your pointers
I turned 16k into $900 in a week using options. Now lets see if i can turn it into 100k 😀
Yolo apple puts
@@calvinclarkjr3275 yolo apple calls
Yolo short term apple puts expiring tomorrow
I hope you are not serious.
All you do is send it to a Nigerian prince who will million x it
Hey Benjamin, just got into investing. Can't wait to start losing money professionally.
Welcome
Buy high, sell low
- Gandhi, probably
That’s the ticket
it has been an hour since this comment, have you 100x your money already? if not, better quit now
@@JamezJN007 *snorts crayons and makes a $1k 0DTE call on Spy *
All the above - but slightly different
1) identify a sector you want to work & up-skill in for 40+ years
2) save/starve while you invest in yourself in ways that gets you a good ROI i.e. Certificates that get you management/experience in positions that give you higher wages = money upfront for money down the track
3) reach a point where you can invest any and all savings in to index funds while continuing to slave your life away. The higher wage job gives you 300+% more dispensable income to put in to index funds over decades you have left until retirement
4) retire at 80 with enough money to live off for 2 years until you die from working yourself to death all those years
5) pay me $1200 for a course on this
No
@@loganperkins3800 Ree heeheehee
Obviously this is a bit exaggerated lol. Look up FIRE if you really want to save money and retire early.
Technically you just need to do two 10x call/put option trades! Massive risk though, lol... but, you should instead make trades to get long-term compound interest. Invest a few hundred a month and it can turn into a $1M+ in your lifetime! Use it as a down payment to buy a multiplex and rent the other units out.
Problem, this assumes you are still working, because he uses the difference between high school graduate salaries and college graduate salaries.
So you are working till your sixty either way.
One way to minimize the anxiety out of stock market investing, is to make sure you keep a large cash cushion. I invest in the market, but never put all my money in market. I have been a dividend focused investor for a long time. This does not mean I don't own growth stocks, I do. A well rounded portfolio should be a mixture of both categories.
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, Financial Consultants are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded massively in ROI, summing up to 7-figures as of today.
This is definitely considerable! think you could suggest any professional/advlsors i can get on the phone with? i'm in dire need of proper portfollo allocation
I've been working with ‘’Rachel Sarah Parrish” for about five years now, and her performance has been consistently impressive. 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.
Hate Life vs Starve. God that hits hard
We live in a society
Life is hard 😉😝😂
@@asdfzxcv12345 ooioioiiiiioioiioiooooooiiiiuiiuiiuou itiioooiiooiiiikoikikoiokioiooooooiioiiiooikoioiiioiikokoookokoii oi iioioo
I can starve lmao
Actually made the decision to starve
Great recommendations. I'm looking to start investing in the stock market and other asset classes with $60k this quarter. Should I focus on index funds or individual stocks? Preferably want the route with the best return in investment. Thanks!
Index funds are a safer bet to start. They offer good diversification. But individual stocks could make you a fortune if you know how to go about it. Some people make upper six figures yearly from investing alone. But it's always a good idea to work with a financial advisor. It raises your chance of profit by a lot.
I agree with that. I netted more than 300k in 2020 by using a financial advisor, despite COVID and the elections. It was like discovering a life hack.
Wow, that's interesting . I've recently been exploring the option of working with an FA too. Any chance you could recommend who you work with?
Her name is ‘Marissa Lynn Babula’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
"You're going to need *a ton* of confirmation bias to be able to sleep at night"
Love it! Best financial advise any investor could be given!
Agreed. That is sone very solid advice. Confirmation bias all the way!
Technically you just need to do two 10x call/put option trades! Massive risk though, lol... but, you should instead make trades to get long-term compound interest. Invest a few hundred a month and it can turn into a $1M+ in your lifetime! Use it as a down payment to buy a multiplex and rent the other units out.
true! @@compoundalchemistget1monan591
@@compoundalchemistget1monan591 How'd that work out for you?
@@compoundalchemistget1monan591 nah, what you should do is investing your life savings and borrowed money into 0dte SPY puts on margins 25:1 leverage
"Not a fucking financial advise"
I’m a blue collar worker who does factory work. I decided to finally start investing seriously when COVID hit. I’ve made about 100% return. I don’t know what I’m doing. Glad I found this channel.
probably to late, but really and truly do not go into futures trading.
@@holthuizenoemoet591 I would amend your statement to "do not go into futures trading of you don't know what you are doing". If done right it can actually be a useful way to hedge against your major investments. But yes, one does need a bit of experience in the market before they consider futures and options
can i purchase your course?
Same, made 25$ into 50 then I decided it’s probably never going to happen again so I stopped
@@prashanthraghavendran2628 why? The person he's talking to clearly has no idea what it is that he's doing.
You can leverage it again so:
1000$ + 1000$ leverage in pption spreads = 3k or -1k
3k + 3k leverage i option spreads = 9k or -3k
9k + 9k leverage in option spreads = 27k or -9k
27k + 27k leverage in option spreads = 108k or -27k
So you have 1 in 16 chances to go from 1k to 108k and 15 in 16 chances to go from 1k to -1k/-27k in debt. Not bad at all.
Perfectly balanced as all things should be
its already priced in
It’s actually not bad considering what you can gain if it goes up. A chance I’d be willing to take personally
@@ed199no. The probality isnt always 50/50
prison is rent free so I'm going with this, seems legit
“Investing is just gambling”
I’m in 😈
@Pìnnèd by Bènjàmin bot
it's not it depends on how you trade
either you study or you YOLO
I'd like to consider it more like a game.
I love games
@@bluejaze9096 you yolo? Think about it
@@bluejaze9096 YOLO provide less effort with same probabilities/profit or loss so I'm using that
"Remember, you cant put a price on Happiness, so thats why i did. Its 5000 dollars"
- Tony Robbins
yet, there is a limit on what amount could improve one's mental state.
you can't put a price on happiness but you have to pay a price for happiness, during my early days of investing, i deprived myself of several pleasures so i could project my funds rightly, some described me as a low life dude until i invited them for my house warming ceremony. Speechless by Michael Jackson was the song of the Day 😅
@Jackson Darwin scam
Cringe
also ignores lost income for 4-5 years
This guy is criminally underrated. Absolutely hilarious, keep up the great work!
Agreed
sometimes once in a decade, you can find a decent youtuber in the explore tab which is highly undervalued. Just every video is fun to watch no matter the subject and my boy i have found one. Benjamin it's you, you're a genius!
I've heard that index funds and ETFs provide diversified stock market exposure while spreading risk. I have over $800K in savings; What's the most effective strategy to allocate funds in my portfolio and generate profits?
Yes, there are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist
that’s some interesting numbers, mind revealing this person guding you ? he/she must be a seasoned advisor
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
Bots getting smarter every year 😂
@shellylofgren just use midcap ,large cap and small cap funds ,each from different financial services and each fund having approx 50 to 40k I guess that would me more than enough for yearly salary of 125k to 150k atleast...
The only investing/ personal finance channel that doesn’t sugar coat shit. Ws consistently.
@Pìnnèd by Bènjàmin shit attempt. Code your bots better ya loser 😂😂😂
@@earl7693 😭
@@connorhenderson6841 gotta let them know 💪🏽
and is actually entertaining
Tom Nash too
Everyone has been preaching "buy now, stocks are at a discount" but I've been buying stocks since the beginning of the year and yet nothing's changed, but I've been reading articles of people still in the same market pulling off over 350k in just a couple months, what am i doing wrong?
You’re right! The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Her name is “Vivian Carol Gioia can't divulge much. Most likely, the internet should have her basic info, you can research if you like
Thank you for this Pointer. It was easy to find your handler , A google search was helpful. She seems very proficient and flexible. I booked a call session with her.
"Would you rather starve or do something you hate?"
Why not both?
Underrated
My response every time I hear this question.
@@relaxandfocus5563 both are time consuming. Unless you've got a clone it's impossible to do both at the same time.
Buy & hold on for the ride! Short term crashes are the cost of long term gains in the stock market.
Volatility is normal. Do not fear it!
Controlling your emotions and impulses is the MOST important part!.!
@Michael Francesco< Income generating assets are the way forward, how can i contact her ?>
Beta energy
@Zahair O'Brian oh shit not again
This is how schools should teach, you actually make learning about investing fun. I didn't even realize I was learning until I woke up one day and knew what a call and a put are.
schools designed for employees, if school taught everyone how to run a buisness or get rich/selfemployed and shit, then who would work for them
I still dont know and want to learn what they mean 😔
Plenty of stupid parents too who should probably know better at that point. Instead I see kids driving $80,000 Chargers. Putting that $80,000 (or the down payment and interest payments) into your index funds/ETFs.. you're laughing how much close to retirement you are when you're 30.
@@saxonkerr3878 Failed business owners.
"predicted 50 of the last 2 crashes"
Bro you just described my late grandpa lmao
You’ve hit 100k faster than I can lose 100% of my portfolio
Don’t put yourself down
@Kanye West Stop talking to your self Kanye
*hold my beer*
>tfw portfolio loss doesn't stop at 100%
Just buy SPY Puts expiring tomorrow
"Don't do this. THIS IS FINANCIAL ADVICE". Love this channel
When I'm teaching my friends about investing I'm like "here I made $2,000, I don't advise doing this I risked everything it's massively stupid but that 2 grand is nice though"
The having to work part vs starving isn't actually a wash since the $800k is how much more someone would make with vs without the degree on average. In other words it assumes you're working either way, you just get more for with a degree (on average).
So I'd say a more straightforward comparison would be to compare not going to college and investing that money vs going to college and then investing the extra earnings until retirement and see who ends up with the larger nest egg.
this.
Basically what I'm doing. I'm able to work full time where if I were in college I wouldn't be. Plus the cost of school so I count it as the money I've earned in the time frame plus the money I've saved by not spending it on college equals the total amount I'm ahead (at least in the short term) to compensate for the long term I invest said money to hopefully bring me close to the total variance in the long term.
Ya there's even more variables like college takes a long time and an amount of unmotivated effort, just to end up in a career you don't even know you will like. Therefore pressuring you to continue the job because you've basically invested your entire life into it, thus causing you to be depressed and hate your life. Not too mention your a p**sy and your wife doesn't respect you because you've done the "right thing" your whole life. College = suicide
@@1ChristopherCampbell if you're not motivated to go to college, but don't project your misgivings onto other people.
@@jon9103 what misgivings
This channel is the perfect balance between funny and educational. And it brings us here together to celebrate something we all love; losing money.
You’ve earned every one of those 100k subs!
Deserves more
@@JeremiahCarter he takes time, he can't leverage it lol
He just 5x now in two years. Pretty decent roi
Buy-and-hold investing in equities offers the most durable path for the majority of individual investors.
Many people combat unsystematic risk by investing in exchange-traded funds or mutual funds, in lieu of individual stocks.
Common investor mistakes include poor asset allocation, trying to time the market, and getting emotionally attached to stocks. Reason you should work with an expert.
Jewell, you have anyone you can suggest ?
I work with TARAMA DIANE HAGAN. look her up.
Thank you
6:48 this animation and sound literally triggers all dopamine receptors in my brain
Your humor is worth investing in. The returns in giggles is phenomenal.
Every time I go to 300 or 200 dollars after losing 98% of my portfolio I, by some miracle, always go back to 1k or 2k. Where I get stuck nd go back to 200 again. lol
what if u uh didn't do the 1st part. then like did the 2nd part then skipped the 3rd?
liiiiike. don invest in 98% t rade, then invest in then 10x, then pull out
?????
Wow! You're supposed to go back to 1k or 2k? I haven't learned that part yet
It's okay 1k to 2k is just a hard resistance for your portfolio. Based on astrological readings after another test of the 1k to 2k region, if it doesn't break through, your portfolio will tank to 100 to test that support region.
thats been me the past couple weeks. Ill get these big big gains for like 3-6 weeks and then wake up and see 3k gone in an instant cuz ericson decided to announce that china is hurting their bottom line or some other thing from left field that i didnt predict
@@GummyBall097 wow you should start a trading course, you got talent!
After a horrendous 2022, shell-stunned financial backers have misfortunes to recover and a lot to consider, as an expansion report and a pile of different information did close to nothing to change assumptions that the Central bank would probably keep climbing interest rates regardless of whether the economy dials back, And that implies more red ink for portfolios for the principal quarter of year 2023. How might I benefit from the ongoing unstable market, I'm currently at a junction choosing if to exchange my $250k security/stock portfolio.
Centre around two key targets. In the first place, remain safeguarded by realising when to offer stocks to cut misfortunes and catch benefits. Second, get ready to benefit when the market turns around. I suggest you look for the direction a representative or monetary consultant.
@@lucid480 My consultant is Julie Anne Hoover I found her on a CNBC interview where she was featured and reached out to her afterwards. She has since provide entry and exit points on the securities I focus on. You can look her up online if you care supervision. I basically follow her trade pattern and haven't regretted doing so.
"That is financial advice" 💀💀💀
The other best comment was never take financial advice on Youtublet , 😂… who mutually fundamentally agreez - after burning a whole threw her actual peanuts 🥜 like the fool she is?
No lies told
Real Estate provides cashflow, tax benefits, equity building, competitive risk-adjusted returns, and inflation protection on its own. Whether you invest in physical properties or REITs, real estate may help you diversify your portfolio and reduce volatility. Dividends are what got me into investing in REITs, great way to secure the accumulate wealth, I hold AMT, CCI & PSA. $290k in profits made in 2022.
Consistently investing in high quality dividend paying REITs & companies over the long term is a relatively easy strategy to create generational wealth. My "boring" REITs portfolio paid me over $4,000 in dividends last month.
Anyone have recommendations for a reliable monthly investment? I hope to ultimately supplement my income from work with a monthly income from investments. I will still make long-term investments, but it would be wonderful to have a little additional money each month.
@@MIchaelGuzman737 Even if we are not accustomed to such volatile markets with a little carnage, the widespread frenzy and worry are understandable given that the US Stock Market has been on its longest bull run in history. However, there are opportunities everywhere if you know where to look; with the help of an investment advisor whom helped diversify my portfolio I netted over $460k in profits the previous year.
@@Ammo-Hoarder Please let me know your investment adviser's name and how i can reach he/she?
I have "LISA ELLEN SHAW" as my investment advisor. She has a solid reputation in her field and is a true genius when it comes to diversified portfolios, which help portfolios be less vulnerable to market downturns. She may be a name you are already familiar with; a Newsweek piece helped me to do so. She's a Google-able person.
"Where you can then have $100.000 and still not be satisfied". This hits very close to home. I invest in crypto, not the stock market, but I started around late last year. By now I turned 5k into about 160k as of time of writing. Am I satisfied? No? Why not? Because my ATH was around 400k. I wanna get back. But for real, making a lot of money made me lose all sense of value. When you go to sleep with 400k and wake up with 200k it really does something with you...
It's literally gotten to the point where if I hear this guy talk, the video is then liked and shared to everyone I know, totally underated!!
I started cracking up just from reading the title knowing your sense of humor. Favorite channel by far
I love that you couldn’t say “you can choose to do something you hate or starve” without laughing
The risk is real. I do not advise anyone to follow my footsteps. Over 10 years ago I made 30k in options. Then dumped all this plus leverage into them again because if I made it, I would be a millionaire.
Now I am 6 figures in debt still struggling to pay it off these past 10 years.
I really like the way you describe working vs investing. The only contention I have is that starting pay is usually much lower than pay right before you retire.
This channel is my favorite stonks content hands-down
This guy is too underrated ...!!
Facts
Fr tho
*undervalued
@@diogoandre756 everything is priced in
Already been priced in
The whole "Hate Life vs. Starve" matrix hit hard, lol.
Odds of winning the lottery: 1 in 11.7 million
Odds of winning in options: 1 in 2.
TL;DR: You will never make it.
100K!! CONGRATS BEN! YT SEND HIM THAT PLAQUE‼️
I laughed when u started laughing at the “would u rather starve or do something u hate”😭
@Pìnnèd by Bènjàmin fuck outta here bot
@@davytalley8737 except these people are most likely from 3rd world countries making more than someone would at a job, sad really
@@namedguy292 let them eat cake
@@namedguy292 Honestly they deserve it IMO... let the smart eat the stupid, it's just natural selection.
2:14 As an Indian, I can approve that Gandhi did say that.
😎
I think "confirm" is the word you're looking for, not "approve".
He was the Warren Buffet of India
It quite helpful while you’ll just sit at your comfort and monitor your account growth
They don't stand a better chance, they only did their homework and proper research
It is possible to produce superior performance provided you do something different from the majority. However most of us tend to pay more
Exactly, the trick is to
diversify your investment, don't panic when everyone else is and invest consistently.
first thing to do is to stop all form of trade and seek the help of an expert to guide you through. allot of ppl shy away from this thinking they could do it alone and end up blowing up their account.
@Isabella Mia wooooo
This is an accurate representation of how my gambli- I mean investment mind works scarily accurately
I'm in my early 20's, so my strategy is to just "always buy" (ETFs and some stocks) in order to buy myself time to learn about how to invest properly.
Lithium is the new gold. Choose good companies and toss in some speculative names for leverage. SQM, LTHM, ALB are good names, LAC, SLI, LLKKF, NVNXF are speculative that have good potential and backing from people like Elon Musk, Bill Gates and Phillips 66.
@@id10t98 Thanks, bro.
Yolo it into crypto. Life is short.
@@RandomAngryAnus my man
But that is investing properly. As Anton Kreil said has said is that most "investors" don't really know what they're doing but have deceived themselves into thinking so.
I've been making a lot of losses trying to make profit trading. I thought trading on a demo account is just like trading the real market. Can anyone help me out or at least advise me on what to do?
I will advice you should stop trading on your own if you keep losing.
If you can, then get a professional to trade for you I think that way your assets are more secure.
I'd recommend Bethany Jennings, her profit is great even when there's a dip
Wow. I'm a bit perplexed seeing her being mentioned here also. I didn't know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been amazing.
You don't need to be shocked haha because I'm also a huge beneficiary of her
The production value is insane on this 💣
Lol I don’t even trade stocks like this but I’ve now watched several of your videos and I think I’ve cried laughing several times now. Thanks for keeping it realistic as well as funny.
So true to real life, best financial advice channel on RUclips.
13:25 Your percent is off; you forgot to adjust the decimal by multiplying by 100. 64 < 100, and so 1/64 > 1/100 = 1%.
Absolute favorite channel, can I buy an otm call on this channel expiring next week?
nft me now bro
Comment is stolen
Had no idea what options were. Somehow turned 5k fun money into 150k when AI went nuts a month ago. Can't afford a yacht, but I'm happy with the extra money and pulled it out.
PAUSED AT 10:25
Next: how to turn 100k to 1k in the stock market.
bold of u to assume i have $1000
If you wanna be successful, you most take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You must look outward if you wanna be successful in life.
The stock market rally run is gone, but I'm not
sure if equities will swiftly recover, keep falling, or fluctuate in a narrow range for a few weeks, or if things will quickly get worse. I'm under pressure to increase my $85k reserve.
Gotta love how this goes from"you should take responsibility and not blame others " to" xyz will double your money "🤑😂
Doing all of these and hodling crypto to maximize losses. Thanks, Ben
This channel is a hidden gem, keep it up. Quality over quantity
Je me considère comme un succès dans le trading avec l'aide de mon courtier qui gère mon compte de trading et me rapporte des bénéfices impressionnants. Ses stratégies sont de premier ordre, associées à la petite commission qu'elle facture sur son échange. Je peux dire sans équivoque que le trading de crypto ou de forex est l'une des activités les plus rentables et les plus lucratives pour tout investisseur disposant du bon expert.
Le trading est très rentable avec l'aide d'un courtier chevronné qui gère votre compte de trading
Investir dans des actifs est le code de triche pour avoir une vie financière réussie...
Pour éviter de subir des pertes lors de la négociation, vous devez acquérir une compréhension et une connaissance complètes de la négociation et de la détention
@@antoniodiego390 Vous avez raison... la plupart du temps, avoir des connaissances ou un aperçu d'une activité particulière peut également être un exercice agréable.
C'est vrai que la plupart des gens aujourd'hui ont eu beaucoup d'échecs dans le secteur commercial en raison d'une mauvaise plate-forme et d'une mauvaise orientation.
I liked the part when he said, that his viewers are smarter than average
If you had a hedge fund, I'd put 1% on it as a means of diversification, you speak what we all feel sometimes in the stonk market lmao. Respect.
Don’t worry it’s already priced in that this video will go viral and a metric butt ton of new people will start investing and everything will inflate
Also worth noting if you make on average 7% more with a bachelors, you can invest that 7% into an index fund aswell, making investing in your self a even higher return
You can also say that you will end up jobless and depressed after college making 0% returns
@@LAM_G80085 Statistically unlikely despite what doomers say on the internet.
Congrats on 100k! I know for a fact that number is priced in!
I came here to learn how to invest after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k, somehow this video has helped shed light on some things, but I'm still confused, I'm a newbie and I'm open to ideas.
Investing in stocks and crypto is a good idea, a good trading system would put you through many days of success.
It is possible to produce superior performance provided you do something different from the majority. However most of us tend to pay more attention to the shiniest position in the market to the cost of proper diversification.
Having monitored my portfolio performance which has made a jaw dropping $370k from just the past two quarters alone, I have learned why experienced traders make enormous returns from the seemingly unknown market.
@@wilsonbrown8993 Interesting, I have a lump sum doing absolutely nothing at all in my bank account, I wanna get something started with it. You seem to be doing excellent for yourself, how do you achieve this?
@@louisclifford9874 Exactly, the trick is to diversify your investment, don't panic when everyone else is and invest consistently.
Love these vids. I literally didn't understand a thing other than I'm financially screwed.
same, i'm just going to go back to stuffing money in the mattress
@@clamstain J Powell: Good luck
The Donald Duck gets me every time
Epic content! A small but important remark. Predicting returns of higher education may be a bit more complicated than simply comparing the wealth of those who have it vs those who don't. This is definitely confounded by personality, IQ, family wealth, field of study, and probably shittons of other stuff. Having spent years on BSc, MSc and PhD I can now (hopefully) start scoring high-paying jobs. Buts something tells me that I would have been far better off had I just gone into software development straight after high school.
The Economist ran an article on this comparing a bus driver to a PhD. Turns out it takes a long time to break-even after college. Assuming all things equal, which they rarely are, the bus driver working full-time from age 18, using compounding interest, has a massive advantage over someone who starts earning at 25. I know a person in their early 20s who works two jobs 70+ hour weeks and already has a property portfolio. Some people are aiming to retire much earlier than others.
How did you end up going with the job search (so far)?
@@jacobramis6203 had a nice job for a year, but now they ran out of money. Back to the drawing board I guess. Can't help the nagging feeling that western civilization is falling apart and that true unemployment is far higher than reported. But I keep trying
"Your going to need a ton of confirmation bias to sleep at night"
I'm dead 🤣
Buy low, sell high.
With indexes, buy always, sell never.
With indexes and options... well, i've already told you to buy low and sell high so if you can figure our how premiums can help increase the ability to do that then I think you know what I am saying
(CSP's collecting premiums until assignment, CCs collecting premiums until assignment at which point we also sold at profit - and you can make this even more efficient)
One of the beauties of selling puts on $SPY is that in the worst case you end up owning shares in $SPY at a price that is definitely discounted. I realize you cannot do a CSP on spy with only $1000, but there are many money making strategies in the market that carry significantly low risk. Just because the returns aren't make-rich-overnight level doesn't mean they are small.
11:24 best disclaimer ive ever heard
Love the Houston skyline 1:21
Started with 2k in options, yolo sell call spreads againts the trend with Oracle and bum, -60$ in first week trading this, but 30$ up with put Meta, so in net -30$. The main takeway: Dont go against the trend even you find a good support/resistance supply or demand zone or whatever indicator says.
Thank you for teaching this in a way that's easy to understand AND funny af
In the video you state selling options should return 0% because everything's priced efficiently, it actually means selling options should return the risk free rate. Also 1 in 64 chance isn't 0.16% it's 1.6%.
Out of all the channels I’ve watched about stock market explanations, this is by far the best. Thanks for teaching me about options. Time to YOLO my moms life savings.
Do you maybe have some recommendations? I tend to trust actual people more than a quick google search on this kind of stuff.
@@Arcaryon I heard from my uncle that my cousin works with an inside trader at Tesla and he said that Tesla is about to unveil a new flying boat. Put sale. Stocks gonna plummet.
@@T7Productions I think I will immediately buy some shares in a big life jacket company after what happened at the last notable reveal of a machine I remember.
University costs like 300 bucks a year here in Central Europe. The funny thing? We would pay it all back via taxes when we get a job of course BUT did you know that investing profits have ridiculously low tax rates here?
Thing is, they are low in most places because of course the government wants you to "invest" into the future of the economy so you can make even more money and perhaps buy bigger house & hiring people to build you a house and aso. - but when you live in a country with very high taxes compared to the global average which pay for all these neat state financed benefits, like a very cheap and yet very good education, you start to notice that the game is sometimes really just downright broken.
Benjamin told me to throw my life savings into selling puts 6 months before the recession hit. Now I'm rummaging for litter to eat.
Brilliant, just brilliant. love every second of this channel.
What is the name of the background music at 1:44?
Darude - Sandstorm
@@Guyflyer12 I don’t think that’s right…
@@andrewkim2139 I got you bro ruclips.net/video/dQw4w9WgXcQ/видео.html
Definitely Peter and the Wolf
@@evilhopkinsboy and violarulez, thank you guys so much for answering my question!
The best strategy I'd say would be to trade options or futures until you've got a sizable portfolio and when the returns from your index/mutual funds pass the returns you earn from day trading. I think that it's about time to transition. The best strategy for options and futures in my opinion would be to do your fundamental and technical analysis and don't dump 100% of your portfolio into a single trade. If you do end up losing a trade, have enough to double that atleast 4 to 5 times. so even with with a 50% w/l ratio, the actual risk involved is a lot less and the returns are comparatively less volatile
But that is assuming that you will win consistently in the future too. Though personally i feel that his videos are more depressing but also more realistic and does not sell dreams but slap you with cold hard facts. Coming back to this, i think as you said not drop all of your money in a single trade. and even that if you drop 10k on a trade, a good trader will not be risking all of the 10k but less than that before he/she will likely be stopped out(if they use a stop at all). Making money is bloody hard in the market. So to assume that you will even reach a sizable portfolio cannot be realistically assumed.
For this to be a reliable strat you still need to have some kind of edge, otherwise it's just gambling and you will eventually hit a losing streak and go bust.
There's a great book on this topic: "Where Are the Customers' Yachts?"
Look at Kelly Criterion, that’s a mind-blowing idea. Don’t do 100%, but don’t do 0%, so what % do I do? There is an answer, or at leasr a place to start.
Buy $1. When it goes down to 40 cents, buy $10, when that goes down to $4, buy $100, when that goes down to $40, buy $1,000, when that goes down to $400, buy $10,000.
meanwhile me on binance:
"OOH i can get 800% APY if i bet that SOL will go from ~$190 to $200 in just 2 days! What a DEAL!"
2 days later:
"SOL is now worth $170"
As someone who A) has never done stonks before, and 2) is quite risk adverse- listening to Ben talk about options makes me want to cry. Like this literally sounds like I might as well light my money on fire than chuck it into options!
I mean just don’t gamble
On my portfolio, I am satisfactorily diversified into the S&P 500, ETFs, mutual funds, and bonds.
Then another 20k in Options and futures day trading which gives me remarkable returns weekly. This is with the aid of a fiduciary sir Eric which is useful to move with a mentor
Outstanding, this will be my first shot at the market and I can capture you speak from a place of delight, I will need your help reaching your fiduciary
Good way to diversify, kudos to you
Arloeric 1
that's his gmai above okay
For me personally, any investment that’s less than 3 % rate of returns I wouldn’t even bother to waste my time because you have to consider inflation as well which is eroding your purchasing power by 2-3 % a year on average and in 2022, US inflation rate hits 8.3 %
great job ben. you've got yourself a new subscriber
yeah
ahh
📲😏💦😫😩
I felt attacked when in another video he talked about robinhood accounts never seeing green on the all time
Diversification is the secret to optimal performance. This is why I have my interests set on market sectors based on performance and projected growth, such as the EV sector, renewable energy, Tech, and Health. Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE
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.
Some individuals minimize the importance of counsel until they make regrettable mistakes. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this consultant?
Vivian Jean Wilhelm is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
Thank you for this tip. It was easy to find your advisor. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
'your uncle thats predicted 50 of the last 2 crashes' brilliant line
Ben: "let's call it $60k on average for a Bachelor's Degree.."
Me: *laughs in european...*
Fair trade for low low income tax in the long term.
Americans do outearn Europeans in skilled jobs on average
No medical bankruptcies.
@@SamGarcia but higher costs of living on average and german taxes - while higher - include things like parental leave, non-employment help and of cource healthcare.
@@ryanp987 true, but the costs of living are higher in America as well while europe has for more employment protection laws that are beneficial for the little guy. And you can just work in the us if you want - i can have a degree for a european elite university that for most american companies if a valuable as an ivy league degree - at a fraction the cost
...wait 6 trades to turn 1000 -> 243,000
1/64 chance
with bad luck you need to do this say, 55 times
55k -> 243,000
and a 99% chance i missed some important information in the video that explains why this doesn't work but im not paying attention so whatever
Yoooo Ganer , didn't know you were also into trading
@@tomtomsen9492 i have lost an unbelievable amount of wealth 👍
@@Ganerrr How so? Did you yolo your trades?
@@tomtomsen9492 eh im mostly kidding, honestly I haven't even touched stocks I've just done crypto for like a year now; however I did one lose like 500$ by having like, 125x leverage on BTC because i was a nuclear dumbass
@@Ganerrr Keep going man you'll get the hang of it, also my name is Alex not Tom you might know me but idk
Great videos. Similar sense of humour and style to ThisOldTony. Thanks!
the college making 800k more lifetime I think is a good example of causation vs corelation, people who get good enough grades, are smart enough, and are dedicated enough to go to college likely would make more than their alternatives who don't go to college regardless of if they have a degree or not
The thing that's wrong with "invest in yourself" and using a college degree as the benchmark, as some of us who are trying to "invest" already have a college degree. Another one won't add marginal value.
I never laughed so much and learned so much at the same time