Hey I am about to turn 15 and I want to start saving for a car, and maybe a future house, I do side hustles, work for my granparwnts with their yard, and I am really good in school, I only got $50 because I like to buy gifts for my girlfriend, so wjat do you think would be a good option for me. I dont really know a lot about this, and i have watched your videos, but i dont really understand, but I would like to.
It is true if you want to invest. But, not for trader. Trader search trend. If trend fail they cancel their position, or cut loss swallow small lost. But, once they get trend its Multibagger one. They choose to win big lose small. And their win-rate is less than 20%.
"Were gonna buy high and sell higher, and we will add into our winners, until we exit" -Richard Dennis
Well gues what, dollar cost averaging does both trading strategies, buying low and selling high, and buying high and selling higher.
1st strategy is called mean reversion, meaning you bet on a stock reversing from its low
2nd strategy on the other hand is called trend following, wherein you bet on the trend continuing.
Use dollar cost averaging and you apply both strategies. Also acting as a hedge against risk, because even if it falls, you dont loose all your money because its not invested yet, and when you do so, your able to buy when its low (mean reversion), and as it goes higher, you also keep buying to increase profits as it goes even higher (trend following).
"I don't believe in walls." -Donald J Trump
"😢k to kn no" what
Not only is it very rare that an advisor beats the index over time (especially when you consider the fees that are often ~1.0%)
Also look at the expense ratios in the funds you invest in for example:
Fidelitys large cap growth index has an expense ratio around 0.035%
Vs
T. Rowe Price Large Cap Growth Fund has an expense ratio around 0.74%
A difference of 0.705% is about 7 grand per year in a million dollar account for essentially the same thing
Hey I am about to turn 15 and I want to start saving for a car, and maybe a future house, I do side hustles, work for my granparwnts with their yard, and I am really good in school, I only got $50 because I like to buy gifts for my girlfriend, so wjat do you think would be a good option for me. I dont really know a lot about this, and i have watched your videos, but i dont really understand, but I would like to.
well technically i could make 200m if i was a profesional TRADER (investing cannot make u that much)
How does 4k become 1.5mil without adding more lol
Inflation considered ? Then ?
But there isnt a total index fund?
It is true if you want to invest. But, not for trader. Trader search trend. If trend fail they cancel their position, or cut loss swallow small lost. But, once they get trend its Multibagger one. They choose to win big lose small. And their win-rate is less than 20%.
They eliminate big lose and small win.
My financial advisor has made me far more money that an index fund
"Buy low sell high"
-Capitalism baby
"Were gonna buy high and sell higher, and we will add into our winners, until we exit"
-Richard Dennis
Well gues what, dollar cost averaging does both trading strategies, buying low and selling high, and buying high and selling higher.
1st strategy is called mean reversion, meaning you bet on a stock reversing from its low
2nd strategy on the other hand is called trend following, wherein you bet on the trend continuing.
Use dollar cost averaging and you apply both strategies. Also acting as a hedge against risk, because even if it falls, you dont loose all your money because its not invested yet, and when you do so, your able to buy when its low (mean reversion), and as it goes higher, you also keep buying to increase profits as it goes even higher (trend following).
(This is solely for investing only, not trading)
What?😅
Bro in 0:31 time stamp the camera screen who is that dude on the screen
Now I know why they fear you reading Forbidden Knowledge of Wealth by Vincent Dain. The truth inside is system-breaking.
Its called viewer retention
Those Trump Accounts are going to set today’s children for life!
how to invest like pro ❌
what job to choose ✅
Invest in india ❤
Me who skipped to the end of the video🤫🤫🤫
Now I know why they fear you reading Forbidden Knowledge of Wealth by Vincent Dain. The truth inside is system-breaking.
I prefer an advisor that WILL make me less money than a possibilty of getting more
just started watching
Now I know why they fear you reading Forbidden Knowledge of Wealth by Vincent Dain. The truth inside is system-breaking