
How to Invest into stocks for Beginners? 5 Steps for Success!
Binta2ray
Description
<p>How to Invest into Stocks for Beginners? (5 Steps to success)</p> <p><br></p> <p>Hey Guys, Ben here from Motivation 2 invest.</p> <p><br></p> <p>i've received a number of questions from you guys asking for a REAL beginners </p> <p>video to help you get started investing into stocks & BE SUCCESSFUL at it. </p> <p>Thus in this video i'm going to give you my 5 steps to getting started. </p> <p><br></p> <p>1. Have a Financial Goal. </p> <p><br></p> <p>Like anything in life it's best to start with WHY?</p> <p><br></p> <p>What is your motivation?</p> <p><br></p> <p>In the word's of the Legendary Investor Warren Buffett </p> <p><br></p> <p>"If you don't learn to make your money work for you while you </p> <p>sleep you will work until you die"</p> <p><br></p> <p>To me that is a really POWERFUL motivator as traditional Schools </p> <p>Teach people how to work for money but not how to make your </p> <p>money work for you. </p> <p>---------------</p> <p>Remember INVESTING IS A TOOL (Slide) </p> <p>To help you achieve your financial goals that could be to retire early, become fiancially</p> <p>free young or even buy a new house or car.</p> <p><br></p> <p>You goal is personal to you. </p> <p>** 2. Understand your Risk Tolerance</p> <p><br></p> <p>What is your risk tolerance?</p> <p><br></p> <p>Would you get nervous if you invested into a stock & it dropped by 20-30%.</p> <p><br></p> <p>Would you be tempted to panic & sell during a market crash?</p> <p><br></p> <p>These are only questions you can answer but</p> <p><br></p> <p>If you want to be successful in the stock market you need to remember</p> <p><br></p> <p>that RISK IS NOT VOLATILITY.</p> <p>Volatility is how much a stock moves up & down over a given period.</p> <p><br></p> <p>Risk is the likelihood of loss of investment. </p> <p><br></p> <p>Thus despite the stock market being VOLATILE as in the SHORT TERM IT IS POWERED</p> <p>by the collective EMOTIONS of FEAR & GREED.</p> <p><br><
Uploader
Episodes
How to Invest into stocks for Beginners? 5 Steps for Success!
Binta2ray