Buying Your First Stock: Stock Investing for Beginners - Andy Tanner

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  • Опубликовано: 4 июн 2024
  • In this episode, Andy Tanner along with Noah Davidson and Corey Holiday discuss the process of buying your first stock. They focus on the importance of taking the leap and getting started and offer advice on how to choose which stock to invest in.
    They emphasize doing something, getting educated, and being pragmatic about investing. They encourage buying something you are confident in spending money on and ultimately shifting from being a consumer to being a producer. They also discuss how selling a 'put' can be a strategy for educated investors.
    00:00 Introduction
    01:42 The Journey to Investing
    02:41 First Trading Experiences
    03:31 Understanding the Market and Risks
    08:11 The Importance of Education in Investing
    11:03 Taking the First Step in Investing
    12:28 Common Mistakes in Investing
    15:28 The Value of Action in Investing
    23:19 The Difference Between Investing and Trading
    25:18 Understanding the Basics of Stock Investment
    26:06 The Art of Picking Stocks
    29:36 The Educated vs Non-Educated Investor
    29:47 The Pitfalls of Mutual Funds
    31:39 The Strategy of Selling Covered Calls
    33:02 The Art of Buying Your First Stock
    -----
    Disclaimer: The information provided in this video is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity.
    The content presented here is based on the speaker's personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions.

Комментарии • 43

  • @Susanhartman.
    @Susanhartman. 3 месяца назад +41

    Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.

    • @ThomasChai05
      @ThomasChai05 3 месяца назад +5

      the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.

    • @mariaguerrero08
      @mariaguerrero08 3 месяца назад +5

      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's not only about having money to invest in stocks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.

    • @mikegarvey17
      @mikegarvey17 3 месяца назад +5

      @@mariaguerrero08How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?.

    • @mariaguerrero08
      @mariaguerrero08 3 месяца назад +4

      *Gertrude Margaret Quinto* 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.

    • @diane.moore-
      @diane.moore- 3 месяца назад +3

      Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.

  • @bradmeltonrealtor386
    @bradmeltonrealtor386 2 месяца назад +1

    Nothing better than watching these 3 hang out and talk about investing.

  • @vilasaojose6703
    @vilasaojose6703 3 месяца назад +14

    Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits, such as regularly setting aside money for sound investments.

    • @felipeneto4203
      @felipeneto4203 3 месяца назад

      I'm in a similar situation where should I look to increase income? Do you have any advice? What did you do ? Thank you

    • @RalphBischoff
      @RalphBischoff 3 месяца назад

      Did someone just mention Mr Ricky!? Damn! You just made my day; what a coincidence.. I've worked with him for over 2years and I can tell how good he is

    • @codecreateurroku6764
      @codecreateurroku6764 3 месяца назад

      No doubts, this Ricky Wen must be an icon; how good is he and how safe is "profit making" with him.?

    • @Itsaraveeef
      @Itsaraveeef 3 месяца назад

      That's interesting, any way to connect with him? I have to get started.

    • @alexcastiel1125
      @alexcastiel1125 3 месяца назад +1

      On T E L E G R A M

  • @xavier_lucas
    @xavier_lucas 3 месяца назад +49

    Is the stock market actually getting better or is this the regular end of year market manipulation to entice new investors, I'm currently sitting on an inheritance of 300k and i'm wondering do I invest in stocks or Gold?

    • @Paullookman
      @Paullookman 3 месяца назад +1

      Even while $300k might seem like much, one bad decision might seriously deplete it. As such, exercise extreme caution in where and how you invest. It is advisable to diversify while retaining 70-80% in secure investments. Along with your budget, you should think about financial advising.

    • @xavier_lucas
      @xavier_lucas 3 месяца назад

      How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings

    • @xavier_lucas
      @xavier_lucas 3 месяца назад

      Thanks for the recommendation, I searched her up, and I have sent her an email. I hope she gets back to me soon

    • @thomsen6100
      @thomsen6100 3 месяца назад

      I inherited as well and chose physical silver and gold, as i think the stocks are to fragile right now. Several banks are fighting and going down and businesses struggle as well. I would not be able to see wich one would be "safe".
      Bezos has dumped a lot of Amazon stocks (billions of $), Zuckerberg has dumped a lot of his stocks (for billions of $) and the 3 Walton siblings dumping Walmart shares (worth $4.5 billions), tells me something is coming up.

  • @royalrich2337
    @royalrich2337 3 месяца назад +1

    Thank you!

  • @robertclarkson6064
    @robertclarkson6064 3 месяца назад

    Thank you 💲💲💲

  • @jordanweb96
    @jordanweb96 3 месяца назад +2

    I love how you mentioned that investing vs. trading for high capital gains quickly is boring to most people. That’s so true but I find investing to be so much fun after listening to you guys. Everytime I buy a cash flowing stock now I get excited thinking about the fact that I’m going to earn money over time for just owning a stock long term.

  • @kasiag7025
    @kasiag7025 3 месяца назад +1

    Love your humor 😅

  • @MUKUNDANAND-mi4sf
    @MUKUNDANAND-mi4sf 3 месяца назад +1

    The description actually helps!!!

  • @FivioJordan
    @FivioJordan 3 месяца назад

    What broker to use? Im 23 years old i have some knowledge if the market i just dont know the best first step to take

  • @trebmaster
    @trebmaster 3 месяца назад

    What's the best way to open a brokerage account with little to nothing and what platform can you use to link it to that and make it super easy to make informed decisions quickly?

  • @brandydavis8360
    @brandydavis8360 3 месяца назад

    I'm learning to read charts so I can trade successfully.

  • @vincentkretzschmar4988
    @vincentkretzschmar4988 2 месяца назад

    Andy in his book Stock Market Cashflow talks about using options a lot. Which is short-term investing but also timing the market. Isn't true that very few people in history have been able to successfully time the market? Does it make sense to even try such a thing?

  • @Ghraham
    @Ghraham 2 месяца назад

    To do stocks and investment overall you to understand how lawmakers think why they think that way and at what cost it will come to them if they make that decision.

  • @OliverDliam
    @OliverDliam 3 месяца назад

    To my understanding Success depends on the right actions and steps you take to achieve it. And taking the right opportunity.
    Real estate or crypto?

  • @Mahase360
    @Mahase360 3 месяца назад

    You guys are hilarious 😅

  • @f1620mm
    @f1620mm 3 месяца назад

    In the world round?

  • @ryandenton1500
    @ryandenton1500 3 месяца назад

    37:37 😂

  • @f1620mm
    @f1620mm 3 месяца назад

    Real Sugar Mountain Dew is the old version we are used to, yummy

  • @p2ptr4d3r2
    @p2ptr4d3r2 3 месяца назад

    Robert's core beliefs is that assets like gold and silver & BTC are “real” money, whereas the U.S. dollar and shares of stock are “fake money.”

  • @jamesowens2781
    @jamesowens2781 3 месяца назад

    No way in heck would I step into this market if I knew more at this point the market scares me as I do not know it.

  • @seemev2.0phuckbootube78
    @seemev2.0phuckbootube78 3 месяца назад +2

    SOFI 👈 must stock hold for 5 or more years. HOLO 👈 squeezy coming tomorrow get in now for cheap shares last ran up to $70 under $11 now