The Worst Investing Advice On The Internet, And What To Do Instead

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  • Опубликовано: 25 сен 2021
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    Investing expert and friend of TFD Amanda Holden stops by to share the worst advice you're likely to run into on the internet, and what you should do instead to build your money in a healthy way.
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Комментарии • 320

  • @frankunderbush
    @frankunderbush 2 года назад +41

    One minor correction I'd add on gold is that it's not totally a "useless metal". Its high conductivity means that it's used in all kinds of high tech machines and electronics. In an increasingly electrified, web-connected world, gold's speculative value will eventually be heavily mixed with it's physical value.
    What also doesn't help is that there's actually not that much gold on Earth, so when gold becomes harder to mine and we have no alternatives, its value will definitely go up. With that said, this is all unlikely to happen within the next few decades, so until then gold prices are still mainly speculative.

    • @Luciagrey
      @Luciagrey 2 года назад

      Thanks For Watching, And Be Part of My Success Today. For Questions Guidance's, Ideas And Support Anytime. Contact Me On What sApp

    • @Luciagrey
      @Luciagrey 2 года назад

      Plus
      One
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      Four
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      Four
      Five
      Nine
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      Eight::

    • @zebrafigs8450
      @zebrafigs8450 2 года назад +1

      Ya, gold is certainly not a "useless metal" it was strange to hear a financial instructor refer to it in that way. Of course it would be strange to build an entire portfolio on gold but to say it's useless isn't true.

  • @erok268
    @erok268 2 года назад +20

    i agree gold is not a good investment if you are just buying gold to hope it grows value. But it is extremely finite resource. But its most definitely not useless. debatably it is One of the Most useful and valuable metals for Technology due to it being a noble metal. being an amazing conductor, does not corrode, easily can coat or be formed into any shape imaginable. There is a reason to "invest" in gold but not in the way most think to.

    • @Luciagrey
      @Luciagrey 2 года назад

      Thanks For Watching, And Be Part of My Success Today. For Questions Guidance's, Ideas And Support Anytime. Contact Me On What sApp

  • @desiredditor
    @desiredditor 2 года назад +28

    Foolish to call gold useless it's a camodity used in many industries also electronics , and not just in electroplated switches also the benifit of gold is its universally acceptable and a emergency source for funds . You can sell it in any country get the money in cash same can't se said about mutual funds or stocks because it takes some time to process the payment as well .

    • @Luciagrey
      @Luciagrey 2 года назад

      Thanks For Watching, And Be Part of My Success Today. For Questions Guidance's, Ideas And Support Anytime. Contact Me On What sApp

    • @mfenn7325
      @mfenn7325 2 года назад +1

      She was asked on investments. Her point was that gold isn’t “productive” - I agree with you it isn’t a “useless” metal.

    • @Spladoinkal
      @Spladoinkal 2 года назад +1

      @@mfenn7325 Yeah, it's not productive but it is generally considered a good hedge against inflation. Crypto may turn out to be the same but that'll all stem on what the sec does with regulations.

  • @BeczaBot
    @BeczaBot 2 года назад +18

    Holy crap, there are a lot of crypto currency bots in the comments! They’re pretending to be legitimate comment threads but are way too suss - what’s going on, crypto people?!?!?!?

    • @tinabean713
      @tinabean713 2 года назад +2

      I've also been seeing those for financial advisors a lot lately.

    • @katrijndekeersmaecker1904
      @katrijndekeersmaecker1904 2 года назад +2

      I've even seen those on completely unconnected video's! It's so weird...

    • @NataliaNNS
      @NataliaNNS 2 года назад +1

      This! They are so annoying I make a point to denounce them as spam. Not sure if it makes a difference, but I find it satisfying lmao

  • @77Tadams
    @77Tadams 2 года назад

    Oh wow.. I just watched her thing on Taxes today....I missed it live...but she speaks english to me when it comes down to taxes....I subscribed to her channel today. Smart one she is! Thank you for that Zoom!

  • @owenbrandy7248
    @owenbrandy7248 2 года назад +66

    *No billionaire got there money by salaries. Invest your money and let your money work for you.*

    • @dorisjohnson4338
      @dorisjohnson4338 2 года назад

      All good investors are conversant with expert Jennifer Smith. She's in the field just got to keep to keep her instructions and you excel

    • @marcoantonioperalta7571
      @marcoantonioperalta7571 2 года назад

      Delightful i don't know who need to hear this but saving money won't make you a millionaire investing will, so take out some money and invest, but invest wisely.

    • @mikejoe2725
      @mikejoe2725 2 года назад

      @@marcoantonioperalta7571 Yes, I trade forex and it has been profitable with the help of my account manager Mrs Jennifer Smith

    • @philipgray2827
      @philipgray2827 2 года назад

      I just got into forex trading and I made my first profit, now i make up to $15k weekly

    • @simmons.b4199
      @simmons.b4199 2 года назад

      Investments are stepping stone to SUCCESS, investing is what create wealth

  • @amandavrivera
    @amandavrivera 2 года назад +13

    Have to strongly disagree with Amanda on gold and crypto. Those two assets are very solid investments long term. Crypto more than precious metals as of now. Ask anyone who’s invested in gold 30yrs ago if they regret it now. I’m pretty sure they won’t. Also ask anyone who invested in Bitcoin under $10k if they regret investing in it now. You’ll get the same answer. Point of the story these are two very solid asset classes. Both are volatile and both have their own market cycles. As long as you’re able to decipher where each asset is in its current cycle, you’ll become a better investor over time and make profit. One more thing… you absolutely can make passive income off of crypto. It’s called staking.

    • @marzipan2555
      @marzipan2555 2 года назад +7

      You're kidding on crypto. Like, early adopters of bitcoin got lucky, UT when the value of a cryptocanbe decimated by a single Elon musk tweet, and tons of crypto are started as pump and dump schemes, it's irresponsible to promote that as a reliable long term investing strategy. If you want to speculate and go full wall street bets more power to you, but its irresponsible to tell others to put their whole 401k into it

    • @TheMagdalenaBB
      @TheMagdalenaBB 2 года назад +1

      I can see her point about the usefulness of gold. Ok it is used in electronics, but so are other metals. I have made some money off of crypto, but they still seem abit bullshit to me for now.

    • @kconway2263
      @kconway2263 2 года назад +3

      They say that past performance doesn’t dictate future results or something like that. Take Sears, for example. I’m sure its stock was solid for decades. Where are they now?

  • @rupenjshah
    @rupenjshah 2 года назад +2

    Great video but would love some time stamps.
    BTW lol to calling gold BS, but agreed.

  • @MarioRafaelM
    @MarioRafaelM 2 года назад +9

    I don't invest in gold but it's not a useless metal do you have any idea how much gold there is in your electronics.

    • @Luciagrey
      @Luciagrey 2 года назад

      Thanks For Watching, And Be Part of My Success Today. For Questions Guidance's, Ideas And Support Anytime. Contact Me On What sApp

  • @howtoadultschool
    @howtoadultschool 2 года назад +2

    Wowwww I loved this episode! Amanda is a really great speaker, I'm excited to check out what she does! Great interview Chelsea :).

  • @mjhmn
    @mjhmn 2 года назад +1

    great conversation!

    • @Luciagrey
      @Luciagrey 2 года назад

      Thanks For Watching, And Be Part of My Success Today. For Questions Guidance's, Ideas And Support Anytime. Contact Me On What sApp

  • @elixorvideos
    @elixorvideos 2 года назад +2

    5:10 - I got called out right there

  • @DemetriPanici
    @DemetriPanici 2 года назад +36

    So many online gurus now adays it's hard to know who's telling the truth. That's why I'm glad channels like yours exist Chelsea

    • @elanrhys3178
      @elanrhys3178 2 года назад +4

      Yes waste $150 on a course instead of investing it into an etf

    • @juri2001
      @juri2001 2 года назад +1

      @@elanrhys3178 That's rght l was about sthg similar to say after wasting 13 min 31s

    • @Luciagrey
      @Luciagrey 2 года назад

      Thanks For Watching, And Be Part of My Success Today. For Questions Guidance's, Ideas And Support Anytime. Contact Me On What sApp

  • @FebrianaKusuma
    @FebrianaKusuma 2 года назад +14

    I took Amanda's class with TFD back in July, it was so worth it! I'm saying this as a beginner investor who already knows the basics and already put some money in the market. Amanda helps me honing in my knowledge and build my strategy. I previously overly concentrated in domestic individual stocks (I live in Indonesia), but thanks to her knowledge now I'm also investing in international market (US stocks and index funds).

    • @oliviapopireni3456
      @oliviapopireni3456 2 года назад

      Mbak Febriana, gmn caranya invest international market? Can I contact you? Serious nanya saya mba

  • @ammalyrical5646
    @ammalyrical5646 2 года назад +11

    Gold is far from a useless metal. It's used in medicine for implants and other devices as well as in general tech. Her phone does contain gold. It might be one of the more useful metals, together with copper. Thinking about it. We only have a limited amount of it and part of that limited amount is used in non-recyclable ways. It's used for more and more tech. It might actually be a smart investment Chelsey made there. Considering I suspect it might actually gain value for the reasons mentioned above. Not just because we think it's valuable but because it actually is for the world we live in.
    That being said, I'm not sure what I would invest in. I've not yet started.

    • @Luciagrey
      @Luciagrey 2 года назад

      Thanks For Watching, And Be Part of My Success Today. For Questions Guidance's, Ideas And Support Anytime. Contact Me On What sApp...

    • @Luciagrey
      @Luciagrey 2 года назад

      Plus
      One
      Nine
      Three
      Seven
      Four
      Zero
      Four
      Five
      Nine
      One
      Eight::

    • @ammalyrical5646
      @ammalyrical5646 2 года назад

      @@feedayeen you forget my comment about it being used in the medical field. Where, granted, the amounts may also be small but the demands seem to be increasing. As per my biomaterials lectures.
      And there's still the fact that even if gold is used in tiny amounts in tech, part of it is used in a way that makes it very hard to nearly impossible to recycle.
      And my point was that the metal id's far from useless, which still stands.

    • @ritablaik
      @ritablaik 2 года назад +2

      Right?! As a material scientist, I balked when she said that. It's absolutely incorrect that gold is useless. It's one of the most useful metals we have, and it's used a lot in tech. Even if any individual use is in very small amounts, the scale of its use makes it add up significantly.

    • @ammalyrical5646
      @ammalyrical5646 2 года назад +2

      @@feedayeen true. I just couldn't not react to the statement in the video. To me her calling it useless also makes her less of an investing expert considering the fact that an expert should have at least a very basic feeling or knowledge for if the stuff you're investing in is useless or useful.
      Then again, many things are as useful as we make or believe them to be. It's just that has more value than just being pretty.
      And speaking about copper. That is actually getting expensive enough for people to steal and resell it. Which has led to problems in railway traffic, among other things, a couple years ago when people store the wiring from rail road tracks

  • @kathleenm.5086
    @kathleenm.5086 2 года назад +7

    I’m really interested in Amanda’s class! But I am on pacific time so not all the class time slots work for me. Are the sessions recorded/can you view them after the original time?

    • @Pomagranite167
      @Pomagranite167 2 года назад +1

      Check out her IG but most of her courses are recorded even for the live events, u can usually watch it in email within 24 hrs after going live, but check it if u can! 😊

    • @Luciagrey
      @Luciagrey 2 года назад

      Thanks For Watching, And Be Part of My Success Today. For Questions Guidance's, Ideas And Support Anytime. Contact Me On What sApp...

    • @likethacheese
      @likethacheese 2 года назад

      13:06 if you can’t watch live, they’re available after.

  • @BeczaBot
    @BeczaBot 2 года назад +2

    But gold is the best electrical conductor that exists, is finite and is found in a lot of electronics. I would have thought gold was a good idea but I don’t know anything about investments so…

    • @hikari_manekineko
      @hikari_manekineko 2 года назад

      Metals in general are going up in price...

    • @richreacts8814
      @richreacts8814 2 года назад +3

      Gold is not exactly an investment. It acts more like a hedge against the dollar. Gold is a commodity, something used to hold value or always increase with/slightly outperform inflation. But theres nothing gold can do to shoot up in value, only factors outside of it. Where stocks or real estate can create profits.

  • @shorebaby8959
    @shorebaby8959 2 года назад +2

    The financial officer is a sales person. The first thing to keep in mind.

  • @karenmcdaniel9331
    @karenmcdaniel9331 2 года назад +12

    Just finished Amanda's course. Loved it. Worth every penny.

  • @rabidfollower
    @rabidfollower 2 года назад +2

    Bad investing tips are called "cyanide" in the Chinese-speaking world. I'm sure similar choice words are used in other languages too.

  • @Creamy_Goodness
    @Creamy_Goodness 2 года назад +6

    Amanda is amazing. Super intelligent and fun.

    • @Luciagrey
      @Luciagrey 2 года назад

      Thanks For Watching, And Be Part of My Success Today. For Questions Guidance's, Ideas And Support Anytime. Contact Me On What sApp

  • @ave_rie
    @ave_rie 2 года назад +6

    I loved that TFC episode! Finally, Amanda’s not blurry anymore 😂

  • @ingridm4910
    @ingridm4910 2 года назад +10

    I love Amanda, I’m taking her investment development course right now. I can’t emphasize enough how worth it is I feel so much more financially literate now

    • @Luciagrey
      @Luciagrey 2 года назад

      Thanks For Watching, And Be Part of My Success Today. For Questions Guidance's, Ideas And Support Anytime. Contact Me On What sApp

  • @julecaesara482
    @julecaesara482 2 года назад +33

    "Thr only thing making gold and cryptocurrency worthy is out belief in them"
    Uh that is exactly how every currency works

    • @mfenn7325
      @mfenn7325 2 года назад +6

      Let’s assume that isn’t a false equivalency: most wouldn’t recommend keeping cash as an “investment,” either

    • @julecaesara482
      @julecaesara482 2 года назад +5

      @@mfenn7325 ha true. I just got into universe mode and looked at life and realised that everything we value is worthless if you aren't human but ok brain calm down

    • @likethacheese
      @likethacheese 2 года назад +1

      Exactly 😂

    • @victorialadybug1
      @victorialadybug1 2 года назад

      Exactly.

  • @dummyinblue
    @dummyinblue 2 года назад +22

    I love this! I would he interested in y'all's opinion on investing in a company like Amazon and living by your values. I don't mean like go off the grid to not participate in capitalism but I guess I feel torn between investing in stock like Amazon where I know the value is going to increase and knowing my money comes from exploiting the people who work there. Hey here's another question, does buying stocks increase the operational day-to-day money for a company or it's overall net worth? Or both??

    • @ave_rie
      @ave_rie 2 года назад +3

      I’m thinking of the same thing but with crypto (environment). Right now, I’m leaning towards maybe yes invest in the likes of Amazon because two broke people can’t help each other (like me and the amazon worker). If I profit off of Amazon and be able to support a student right now so that they have a better chance in life, for example, that might be worth something?
      I’m really not sure what the best scenario is and I need to read/think about it more.
      Re: your second question, I don’t have a full answer… but here’s what I’ve learned:
      If you buy when a company announces that they will offer stocks, the reason for doing so is in the official announcement posted on the stock exchange (not sure if this is the case in the US, I’m not american). Afaik, they can’t just not provide a reason to investors and the reason has to be specific. Common reasons I’ve seen recently: for airlines - restructuring debt, for reit stocks - buying or building office space before pandemic ends, for telcos - create infrastructures to support higher demand for internet.
      The documents are full of jargon and feel cryptic to me so please don’t depend on my answer 😊

    • @howtoadultschool
      @howtoadultschool 2 года назад +6

      This is a really interesting question. There has to be a balance between investing ethically while still looking out for your own best interests and investing intelligently for growth. I'd love to hear more people talk about this in a nuanced not 'off the grid' sort of way!

    • @Monicalala
      @Monicalala 2 года назад +5

      Investing in human exploitation is unsustainable

    • @turtlescanfly7
      @turtlescanfly7 2 года назад +1

      I’ve already decided against investing in a total market or S&P 500 index fund for this exact reason. Right now I’m in the process of researching various ethical index funds but it’s slow work because I’m looking up the ESG score (environment, social & governance) of every company in the fund. I’m finding that a lot of companies might be high in one category but really low in another like great for women & minorities (aka no prejudice in workplace) but awful for the environment.

  • @MyWasteOfTime
    @MyWasteOfTime 2 года назад +8

    Gold is the exact opposite of worthless metal... Don't get me wrong, no one should have more than a few % of their portfolio in gold, but you can't say it's worthless!!! Come on!

    • @Luciagrey
      @Luciagrey 2 года назад

      Thanks For Watching, And Be Part of My Success Today. For Questions Guidance's, Ideas And Support Anytime. Contact Me On What sApp

  • @OnThatNoteWithPenelope
    @OnThatNoteWithPenelope 2 года назад +28

    This feels like a Making It Work episode but live. I love this change up. Chelsea's input is always informative and entertaining 🥰

    • @Luciagrey
      @Luciagrey 2 года назад

      Thanks For Watching, And Be Part of My Success Today. For Questions Guidance's, Ideas And Support Anytime. Contact Me On What sApp

    • @ritasalinas2427
      @ritasalinas2427 2 года назад

      I have stopped taking investment advice 😂😂Mr. Franklin has been managing my trade for months and I keep making profit every week. I made "$12,240 last week also

    • @vidoslavbosnjak2680
      @vidoslavbosnjak2680 2 года назад

      I am also trading with him , The profits are secured and over a 100% return on investment directly sent to your wallet. I am a living testimony of his work

    • @alenacapova5503
      @alenacapova5503 2 года назад

      I have heard a lot about investments with Mr Franklin C. Davis and how good he is , please how safe are the profits?

    • @lukashorak8503
      @lukashorak8503 2 года назад

      Since Mr Franklin Davis started managing my investments, I make $28,300 weekly. God bless Mr Franklin Coley Davis he is a blessing to my family

  • @NoraTKD
    @NoraTKD 2 года назад +5

    Very good and precise descriptions, thank you very much for being so easy to understand! Amanda is very smart and reletable, thank you for inviting her on the show Chelsea!

    • @Luciagrey
      @Luciagrey 2 года назад +1

      Thanks For Watching, And Be Part of My Success Today. For Questions Guidance's, Ideas And Support Anytime. Contact Me On What sApp

  • @amitasahasrabudhe6413
    @amitasahasrabudhe6413 2 года назад +14

    so this basically is an ad lol

  • @tippygraham
    @tippygraham 2 года назад +5

    This information is what I need; now, how do I go by buying stocks?

    • @syeina
      @syeina 2 года назад +1

      You can buy them through an investment broker, your bank, or do self directed investing by purchasing shares through an investment app

    • @Luciagrey
      @Luciagrey 2 года назад

      Thanks For Watching, And Be Part of My Success Today. For Questions Guidance's, Ideas And Support Anytime. Contact Me On What sApp

  • @monmonmonsta
    @monmonmonsta 2 года назад +6

    Right after they talked about Gold being bullshit I got an ad for investing in Gold 😂

    • @SophiaRavenna
      @SophiaRavenna 2 года назад +2

      ME TOO! Did yours have a guy wearing an American flag hat?

    • @monmonmonsta
      @monmonmonsta 2 года назад +1

      @@SophiaRavenna haha wow, not sure, I skipped pretty quick

  • @alfredbeas9808
    @alfredbeas9808 2 года назад

    I love you Chelsie !!!!

  • @emiliamarozzi
    @emiliamarozzi 2 года назад +10

    Please TFD delete the comments about Mr Jeff Clark. It totally seems like a scam. All those accounts commenting about it were made in february 2021. Sounds fishy AF

    • @Luciagrey
      @Luciagrey 2 года назад

      Thanks For Watching, And Be Part of My Success Today. For Questions Guidance's, Ideas And Support Anytime. Contact Me On What sApp

    • @KateeAngel
      @KateeAngel 2 года назад +6

      Same with other similar scammers, they are everywhere, posing as "real commenters" from multiple fake accounts

    • @crystalmontas480
      @crystalmontas480 2 года назад +3

      Pls, there’s entire 61 replies long comments on here of what feels like fake accounts talking about investment bros with fake sounding names like “Mr Octavius.” Seems like a scam, the grammar in most of the comments is way off in a way that feels sketchy

    • @tinabean713
      @tinabean713 2 года назад +1

      I've been seeing a lot of those lately and usually click to report them as spam. Maybe YT will actually clean up and delete those accounts. (wishful thinking but you never know)

  • @gillian32
    @gillian32 2 года назад

    “Not a good source to listen to.” = Jim Cramer 😂

  • @Daniela._.Monteiro
    @Daniela._.Monteiro 2 года назад +2

    Loved this 👏

    • @Luciagrey
      @Luciagrey 2 года назад

      Thanks For Watching, And Be Part of My Success Today. For Questions Guidance's, Ideas And Support Anytime. Contact Me On What sApp

  • @projectverna1937
    @projectverna1937 2 года назад +1

    When is the next Financial Confessions episode (mentioned in this video) coming out? We miss them: there haven't been many TFC episodes in a while

  • @sc3381
    @sc3381 2 года назад +3

    Always lovely to see Amanda on TFD! She's a great teacher :)

    • @Luciagrey
      @Luciagrey 2 года назад

      Thanks For Watching, And Be Part of My Success Today. For Questions Guidance's, Ideas And Support Anytime. Contact Me On What sApp

    • @Luciagrey
      @Luciagrey 2 года назад

      Plus
      One
      Nine
      Three
      Seven
      Four
      Zero
      Four
      Five
      Nine
      One
      Eight::

  • @Phlimbob
    @Phlimbob 2 года назад +11

    Not gonna lie, I keep seeing videos on my youtube feed today that I normally expect on a Monday, and I legit had to check the calendar to make sure I wasn't missing work.

    • @Zorp__14
      @Zorp__14 2 года назад

      Same!

    • @Luciagrey
      @Luciagrey 2 года назад

      Thanks For Watching, And Be Part of My Success Today. For Questions Guidance's, Ideas And Support Anytime. Contact Me On What sApp...

    • @Luciagrey
      @Luciagrey 2 года назад

      Plus
      One
      Nine
      Three
      Seven
      Four
      Zero
      Four
      Five
      Nine
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  • @shayhunter5470
    @shayhunter5470 2 года назад +8

    I am so happy classes like these are available, but I already feel comfortable with investing. There are videos across the internet that are made just for beginners.
    When are we going to level up. I have investments, and besides growing them I feel inept in using them. I would like a better understanding on how to use the funds in my investments. I would like to understand when it is a good time to use some of the funds. I need to know the potential tax implications.
    I am here and waiting for the financial advice to move past the beginner stage.

    • @turtlescanfly7
      @turtlescanfly7 2 года назад +3

      Any videos on taxes would probably be limited to federal taxes so it can be applicable to a broad audience. State and local taxes, down to the city level, will all vary so it’s probably best to find an accountant in your area, pay for an hour consultation or something and just ask all your questions

    • @tinabean713
      @tinabean713 2 года назад +1

      You may also want to check the personal finance section of your local library.

  • @jopmota
    @jopmota 2 года назад +13

    Dude, gold is definitely not useless. And btw, saying something is useful or useless is totally subjective and not an effective way to decide if something is worth investing in.
    I like the advices but this one was way off

    • @brianapeters6190
      @brianapeters6190 2 года назад +3

      I was thinking this too, gold is used in just about every electronic that's produced and the technology industry is booming and will continue to grow through the foreseeable future. Definitely subjective.

  • @isabellagrayson8583
    @isabellagrayson8583 2 года назад +17

    I'm.. 50 a.n.d m.y. husband 54 we are both retired with over $3 million in net worth and no dept's. Currently living smart and frugal with our money.serving and investing life style in the stock market made it possible for us this early even till now we earn weekly. Thanks to fire movement.

    • @jeremysanchez5545
      @jeremysanchez5545 2 года назад +2

      Great job with your husband! I bet you are living your best life right now.

    • @user-mc6lh9sf7i
      @user-mc6lh9sf7i 2 года назад +1

      I'm a young dad, I'm really glad to hear your story it inspires me.

    • @lunamichael3139
      @lunamichael3139 2 года назад +1

      What is fire movement please.?

    • @isabellagrayson8583
      @isabellagrayson8583 2 года назад +1

      @@lunamichael3139 Fire means Financial Independence Retire Early.
      It's been a movement teaching people financial independence and how to retire debt free through solid investment and frugal lifestyle.

    • @lunamichael3139
      @lunamichael3139 2 года назад +1

      @@isabellagrayson8583
      Thanks for replying I will read more about fire movement.

  • @mor8969
    @mor8969 2 года назад

    Gold-is good for inflation. Ideal to buy and hold physical gold. I disagree on that point.

  • @pan5001
    @pan5001 2 года назад +8

    Would be great if we could have more episodes going in depth on Crypto, Bitcoin, Ethereum etc..

    • @Luciagrey
      @Luciagrey 2 года назад

      Thanks For Watching, And Be Part of My Success Today. For Questions Guidance's, Ideas And Support Anytime. Contact Me On What sApp...

  • @jazz991
    @jazz991 2 года назад +2

    What about acorns?

    • @Luciagrey
      @Luciagrey 2 года назад

      Thanks For Watching, And Be Part of My Success Today. For Questions Guidance's, Ideas And Support Anytime. Contact Me On What sApp

    • @Luciagrey
      @Luciagrey 2 года назад

      + one nine three seven four zero four five nine one Eight 🇺🇸

  • @seabreeze4559
    @seabreeze4559 2 года назад

    how do we invest for hyperinflation

  • @Daroshichka94
    @Daroshichka94 2 года назад +1

    Omgggg first like ever 😍 Hey Chelsea! 🙋🏻‍♀️

    • @Luciagrey
      @Luciagrey 2 года назад

      Thanks For Watching, And Be Part of My Success Today. For Questions Guidance's, Ideas And Support Anytime. Contact Me On What sApp

    • @Luciagrey
      @Luciagrey 2 года назад

      + one nine three seven four zero four five nine one Eight 🇺🇸

  • @MsCouve
    @MsCouve 2 года назад

    My books ARE collecting dust!!!!

  • @TillmansFX
    @TillmansFX 2 года назад +53

    Would have loved to hear the ethical criticisms of REITs addressed, maybe in their own video. From what I've heard, REIT ownership of residential properties tends to see rents rise in order to squeeze out as much profit as possible, which can hurts renters. As usual love the video!

    • @Luciagrey
      @Luciagrey 2 года назад

      Thanks For Watching, And Be Part of My Success Today. For Questions Guidance's, Ideas And Support Anytime. Contact Me On What sApp

    • @RandomFandomDragon
      @RandomFandomDragon 2 года назад

      That would be an interesting video. I'm new to investing, so still trying to learn all the ins and outs; I haven't really heard about this facet of REITs.

    • @EYTPS
      @EYTPS 2 года назад +6

      @@Luciagrey Screw off, spambot

    • @projectverna1937
      @projectverna1937 2 года назад +2

      Reported him :)

  • @sebastianrmaaa3275
    @sebastianrmaaa3275 2 года назад +4

    You lost me when you said gold is not a good investment. In principle, I agree with you because I don't think of gold as an investment, its a good savings model, and wealth insurance. It could however have an upside like a traditional investment, so completely discounting it is just ridiculous in my opinion. Anyone who buys physical gold consistently will never be disappointed because, at its worst, its just saving. Most people basically have no savings so having some money saved is better than nothing. Apart from that all of this is cookie cutter advice you could hear anywhere. Don't buy her course.

  • @melvinkloh
    @melvinkloh 2 года назад +5

    I don't think she understands crypto enough to be crapping on it. All her criticisms on crypto could also be said about the forex market and every fiat currency; she keeps USD because she believes it has value.

  • @disappear1234
    @disappear1234 2 года назад

    Can you put this into a podcast

    • @Luciagrey
      @Luciagrey 2 года назад

      Thanks For Watching, And Be Part of My Success Today. For Questions Guidance's, Ideas And Support Anytime. Contact Me On What sApp...

  • @jackinthebox301
    @jackinthebox301 2 года назад +99

    Amanda's caveat about the value of the market being 'made up' is something I wish more people acknowledged. Gold, Crypto, the US dollar, etc., are all fiat vehicles of exchange. Their value is largely divorced from practical usage. Hell, many if not most things in our lives have the value they do only because we've ascribed that value to it. That point is valuable to giving perspective on what should actually be the priorities in our lives.

    • @gbonikz
      @gbonikz 2 года назад +7

      But some companies have high valuations with no actual profits? So basically the whole world is a bunch of bullshit fabricated valuations

    • @jackinthebox301
      @jackinthebox301 2 года назад +6

      @@gbonikz Sort of? Wild speculation on future profits isn't the same as the kind of collective agreement of value that I'm talking about. To further caveat that, it benefits high growth companies to besmirch profits in lieu of y/y growth for as long as possible. Amazon didn't technically post a profit for what, like 15-20 years?
      OTOH, you have companies like Lucid that are entering into the market vastly over-inflated. It took Tesla posting years of revenue to clear the 25b valuation threshold, but Lucid is getting valued at like 40b without a single car delivered. So you're obviously not wrong lol

    • @gimpinmypants
      @gimpinmypants 2 года назад +5

      It’s not that hard to think about. We’re literally passing green pieces of paper from one person to the other for products and services and with credit cards the concept of money is muddled even more because we hardly see the money, we just hope the number on our checking account we see on our screen is bigger than the debts we owe.

    • @Luciagrey
      @Luciagrey 2 года назад

      Thanks For Watching, And Be Part of My Success Today. For Questions Guidance's, Ideas And Support Anytime. Contact Me On What sApp

    • @Luciagrey
      @Luciagrey 2 года назад

      + one nine three seven four zero four five nine one Eight 🇺🇸

  • @hikari_manekineko
    @hikari_manekineko 2 года назад +4

    Discouraging from buying gold now the inflation is on seems a bit... shortsighted. Don't put all your assets in gold, but boy do I wish I bought some last year when I considered it due to obvious looming economic crisis (lockdowns are not costless).

  • @miriamstrauss
    @miriamstrauss 2 года назад +5

    For anyone reading this comment - in case anyone hasn’t told you yet today - you have the potential to be great, successful, and happy! Keep on going! I believe in you 🙌🏻

    • @Luciagrey
      @Luciagrey 2 года назад

      Thanks For Watching, And Be Part of My Success Today. For Questions Guidance's, Ideas And Support Anytime. Contact Me On What sApp

  • @elisasanchezcorrea9739
    @elisasanchezcorrea9739 2 года назад +17

    Wow, I have been a fan of this channel for a few years but I am very disappointed with this video.
    Gold is not useless, it is a noble metal with lots of applications in the industry, specially in electronics. And it is a limited resource, so of course that there is value in gold.
    And saying that cryptocurrency is not a productive asset demonstrate that she doesn't have any idea of what she's talking about. Those are actually tokens behind great technology with unlimited applications.

  • @natalee6654
    @natalee6654 2 года назад +2

    My REITS are doing well, thank you.

  • @anacom4238
    @anacom4238 2 года назад +1

    That's been the problem with most investors I know - they get too impulsive, and make bad decisions

  • @HectorMartinez-xv4re
    @HectorMartinez-xv4re 2 года назад +4

    Her criticism of crypto and gold only applies to bitcoin since it is a “store of value” crypto. CCs like Ethereum, Cardano, Chainlink, etc are productive platforms and protocols with real world uses and applications especially as we become a more digital world. Would be dope to see her (and this channel) do a deeper dive into crypto currencies (that honestly should be called ‘crypto assets’ in most cases)

  • @carbine090909
    @carbine090909 2 года назад +77

    When the market is "down" think instead it's "on sale!" 😂

  • @AllthePrettyPurses
    @AllthePrettyPurses 2 года назад +94

    I don't think people are intimidated because it seems to complicated. Maybe some people are. But I think most people feel that there's no safe way to learn, because so many people dealing with finance are out to scam you.

    • @Sunshine4
      @Sunshine4 2 года назад +16

      Like the scammers in this comment section.

    • @BewareTheLilyOfTheValley
      @BewareTheLilyOfTheValley 2 года назад +17

      @@Sunshine4 I just spent the last few minutes reporting a hoard of them 😡. God, like clockwork, they come out to infest financial videos.

    • @Luciagrey
      @Luciagrey 2 года назад

      Thanks For Watching, And Be Part of My Success Today. For Questions Guidance's, Ideas And Support Anytime. Contact Me On What sApp

    • @emily-kb3vw
      @emily-kb3vw 2 года назад +13

      @@Luciagrey the irony 🙃

    • @howtoadultschool
      @howtoadultschool 2 года назад +5

      This is so true, and it's not something a lot of people talk openly about so word of mouth sharing of GOOD resources and educators is pretty low in this sphere!

  • @chasindigo
    @chasindigo 2 года назад +10

    I am sorry, her advice is false, you don't own the company in S&P 500, you own a derivative of it, if you buy an index fund.
    Gold is not a useless metal, it has a lot of use cases, in technology, jewelry and many more.
    Cryptocurrency is a long game for bitcoin.
    For some of the other alt coins they have more value than anyone thinks (Ethernum and Cardano are productive assets because they are ecosystems, like Amazon Web Services provides an eco system for using somebody else's computer), they are going to be huge at taking away the middle man.
    Who would give up any money for this nuffy?

    • @neonbuildings
      @neonbuildings 2 года назад +7

      Agreed. When she said gold was a useless metal, i started getting wary of her advice. Humans have valued gold for THOUSANDS of years. Both our practical utilization of it + our admiration of its beauty won't be going anywhere. I assume she also doesn't know much about cryptocurrency.

  • @alexandruvintila8697
    @alexandruvintila8697 2 года назад

    Someone filmed this with the kitchen sink

  • @Gigi44_Bookworm
    @Gigi44_Bookworm 2 года назад +2

    I’ve never been this early to a video. #notificationsquad

    • @Luciagrey
      @Luciagrey 2 года назад

      Thanks For Watching, And Be Part of My Success Today. For Questions Guidance's, Ideas And Support Anytime. Contact Me On What sApp

  • @marleee.2174
    @marleee.2174 2 года назад +3

    You guys don’t understand how happy I am to hear somebody say that gold isn’t a good investment. Seriously it has no actual value!

  • @inea-fijourney22
    @inea-fijourney22 2 года назад +1

    🔥

    • @Luciagrey
      @Luciagrey 2 года назад

      Thanks For Watching, And Be Part of My Success Today. For Questions Guidance's, Ideas And Support Anytime. Contact Me On What sApp

  • @victuals
    @victuals 2 года назад +2

    The course is $199, with a $49 discount... is someone afraid of zeros, or do you think that old “$1.99” trick still works on people?

  • @Ranebow48818
    @Ranebow48818 2 года назад

    I need to know where she got her shirt from!!! I can't find it online anywhere

  • @katerinakubanova2849
    @katerinakubanova2849 2 года назад +3

    Can seriously anyone who knows S&N500 be a 'investing expert' with their own investment class? Oh my. Im slightly disappointed that this gets promoted by TFD.

    • @Luciagrey
      @Luciagrey 2 года назад

      Thanks For Watching, And Be Part of My Success Today. For Questions Guidance's, Ideas And Support Anytime. Contact Me On What sApp

    • @Luciagrey
      @Luciagrey 2 года назад

      Plus
      One
      Nine
      Three
      Seven
      Four
      Zero
      Four
      Five
      Nine
      One
      Eight::

    • @Spladoinkal
      @Spladoinkal 2 года назад +1

      You sound like someone who seriously needs her course honestly. First, it's S&P 500, it stands for Simple and Poor 500. Second, 99% of people should be sticking with the S&P500 solely for their investments. Warren Buffet gained 10's of BILLIONS of dollars just by investing in good companies with fair prices and holding (and adding to) for 79 years. Most people know very little about the stock market and day/swing trading or holding unknown companies shouldn't be part of their strategy.

  • @hcrystalh
    @hcrystalh 2 года назад

    Meg Griffin from Family Guy

    • @Luciagrey
      @Luciagrey 2 года назад

      Thanks For Watching, And Be Part of My Success Today. For Questions Guidance's, Ideas And Support Anytime. Contact Me On What sApp...

  • @twelvesmylimit
    @twelvesmylimit 2 года назад +2

    She's very behind on investing advice with the state of the world economy right now and a looming bear market.

  • @linuxdragon57
    @linuxdragon57 2 года назад +2

    Cryptocurrency was never meant to be a financial investment. It really is supposed to be an alternative to government-backed securities. I wouldn't buy crypto with the intent of investing.

    • @erebusvonmori8050
      @erebusvonmori8050 Год назад +1

      Precisely this, I hate what crypto has turned into.

  • @asmasamano3410
    @asmasamano3410 2 года назад +6

    Bitcoin is the best investment I ever made in 2013.

    • @jdrancho1864
      @jdrancho1864 2 года назад +2

      waiting for the chatbots ..

  • @psulionz87
    @psulionz87 2 года назад +4

    this vid was cringe AF. this channel is so hit or miss

  • @meixingxiang1839
    @meixingxiang1839 2 года назад +97

    Nice video, I admire the effort you put in making such video, a lot of things being said. I wiII advice anyone that wants to invest never to invest in stocks because last year due to the pandemic I lost half a million dollars in my stock investments and I gained 2 million dollars with my investments in forex trade. So if you ask me what is best to invest on I will say forex because no matter how bad it turns you will always have your capital but in stock your capital is at stake whenever anything goes wrong with what you're investing on.

    • @roseambrose4017
      @roseambrose4017 2 года назад

      Most people remain poor only because friends and relatives discouraged and advised them against investing and trading forex while the wise ones kept investing and going higher financially

    • @roseambrose4017
      @roseambrose4017 2 года назад

      As a forex trader it’s almost inevitable that you’re going to experience some ups and down along the way, alertness and decisiveness are both fundamental ingredients in the recipe for a successful forex trader

    • @antoniodiegosantiago8325
      @antoniodiegosantiago8325 2 года назад

      @@elonortega8103 All you need now is a professional broker else you gonna continue blowing off your account

    • @antoniodiegosantiago8325
      @antoniodiegosantiago8325 2 года назад

      @@elonortega8103 Investing all my saving with Expert Mr Maverick Octavius has been the best decision that I have taken, when I met him in Chicago at a conference I invested € 25 000 into forex with his broker and made back € 249 482.

    • @beatriceemma7032
      @beatriceemma7032 2 года назад

      @@wilsonclinton3234 Same here it’s been four month now that I have been investing with them and it's been a good experience

  • @maivino
    @maivino 2 года назад +1

    Enjoyed this episode but I disagree with the idea that only assets that pay a dividend are considered valuable while blockchain assets (ex crypto currency or blockchain companies etc) or any non dividend paying asset is somehow less value. Amazon and Tesla have never paid a dividend, does that make them less valuable than GE which does? As an investor I can assure you I would rather have bought into Amazon and Tesla rather than GE the past 10 years. Also, you are doing women a disservice by not being proactive about understanding blockchain. I can only equate this to being dismissive of the internet back in the 90’s

  • @anassorbestiak
    @anassorbestiak 2 года назад +1

    long story short: diversify, diversify, diversify. Start now, do it regularly, and invest in what you believe in. Don't like those shoes? You don't buy them, girl!

  • @blakejohnson8639
    @blakejohnson8639 2 года назад +1

    Pretty rough advice here. If you’re a 13 year old girl chewing bubble gum taking a break from your phone, try another channel. Surface level advice here and not very accurate. So many other great channels out there.

  • @user-wl1rw8gy8n
    @user-wl1rw8gy8n 2 года назад +1

    Crypto is the future

    • @Luciagrey
      @Luciagrey 2 года назад

      Thanks For Watching, And Be Part of My Success Today. For Questions Guidance's, Ideas And Support Anytime. Contact Me On What sApp...

    • @Luciagrey
      @Luciagrey 2 года назад

      Plus
      One
      Nine
      Three
      Seven
      Four
      Zero
      Four
      Five
      Nine
      One
      Eight::

  • @ThePricklyash
    @ThePricklyash 2 года назад

    Buy bitcoin