4 Things I Wish I Knew Before Starting Investing

[@Afroquest]

Chasing high dividend yield was one of my early investment mistakes. Often times, the high dividend yield was telegraphing issues with the company and was being paid for by more and more debt. I ended up with a few cases where the dividend was subsequently cut followed by significant share price collapse.

[@kathleenstoner.n7499]

I failed to apply the portfolio diversification technique in investing I learned it the hard way. No matter how much you are making from a particular investment at the moment still don't forget the diversification technique so that when another is down, the other will be up. You can do so by getting an experienced specialist whose platform has diverse investment choices to choose from. By doing this, you give little room for regrets and perhaps gain more.

[@kathleenstoner.n7499]

@mackenzie fventes Funny enough, I can honestly relate. I don't know if I am permitted to drop this here, but do run a check on Sandra Yvonne Webster or Sandra .Y. Webster Finance. Was in the news alot in 2020.

[@sonyablack2015]

@@kathleenstoner.n7499 Too bad most people don't follow the diversification principle, the reason why they easily get tense when there is volatility.

[@Brussardjnr]

@@sonyablack2015 Too bad most people don't follow the diversification principle, the reason why they easily get tense when there is volatility.

[@TuanTran-sl3lv]

Thanks for your video Hamish

[@galooch1]

Great advice Hamish as you make a lot of sense mate . Thanks for making me aware of the mistakes I now realise that I have already made since begging to trade shares .

[@mikestanmore2614]

The only things I would add are: read and 'paper trade'. Read Ben Graham, Phil Town, Fisher, Taleb, Damodaran, Carlin. The list goes on. This has two advantages; 1. You will pick up something from each book, and over time you will form your own opinions and may even disagree with some of the authors on some points. 2. Reading takes time, and you won't be buggerising about on the stock market, making half-arsed decisions - at least you'll be able to identify your mistakes by the time you start investing! Which brings me to paper trading: Start a book of companies you're interested in and 'invest' some imaginary money, then check to see how they fare over time. You'll soon see how much the price varies in the short term, and it won't cost you a cent (I think this might be from Phil Town).

[@Anonymous-md2qp]

I’m never having children, but if I did, I would definitely introduce them to the stock market through paper trading at a very young age and let them follow the market for 5-10 years. They would learn such a vast amount of valuable information all before the age of 18.

[@jorgevargas2759]

Thanks mate for this video 👍🏻 It would be good to see web pages or other sources to find/analyse business. I’m literally new to this. It’s been 2 weeks in the market.

[@ttv.salarmii1561]

I like the way you articulate all the information to us Hamish it makes it really easy to understand. I am fresh into investing and was thinking about putting some money in gold and silver as a long term investment. Is that a good option?

[@TuanTran-sl3lv]

Thanks for your video Hamish

[@WISERandHAPPIER]

Check out Phil Town InvestED podcast episode 101 10m38s onwards. Phil Town says if you cannot be patient (wait for the crash) then you should buy the index and sit there.

[@robertrichardson5305]

trust me if you’re ready there are so many opportunities sitting right in front of you. It’s all about recognîzing market volatility and making the right plays, I employ the services of an expert( Kyle Holt Karens) so when the market moves, I simply move with it.

[@jamesmorgan852]

Please can you share more insights about your broker ? How do I get he/she to manage my investments. This market is a war zone.

[@robertrichardson5305]

Kyle Holt Karens is no new comer to the trading community and is well known for her consistency you can easily search her name onliñe to get on her websïte where you can mãil her to get more info on her offers.

[@Cliffordtradeinc]

I’m looking to get in on this is she available to beginners ?

[@andreabrooks5948]

I turned a small $14k account into $62k in 3 weeks on the backs of Kyle Holt Karens. It could have been more but I chickened out a few times, anyone can get to her directly on tele -grãm @ Kyleholt

[@roseanderson2169]

You’re right it’s all about being prepared Because even during this pandemic… winning trades show up over and over again

[@adachad4911]

Hi im beginning in stocks and live in Australia what websites or apps do you use for stocks thanks. Good video btw!

[@Monikakotevski]

Any of the main banks! I use commsec!

[@leihoa]

One thing that changes EVERYTHING and the one I would give to my younger self - "am I buying a business or am I buying a stock" . Once we change mindset that we own a busienss, with real living people, workign there, thinking about a business, how it can improve, what weakness there is or risk, and what strenght - it changes everything, simply everything. There is no more important thing than this and from this all questions arise and center. Think BUSINESS not stock, not chart, not price, not 10 % down or 10 % up.

[@brutelizerc7181]

Hi Hamish, Great video as always. Only one question when should you take profits in a stock you like, and then look for another entry point, accepting the fact that a better entry point may not come.

[@DrOSami]

Thanks Hamish! What do you think of copying ETF stocks into one's portofolio? For example buying the top 10 stocks of a certain ETF instead of buying the ETF itself?

[@jonnyb6010]

Even with a recession going on right now, unless you got cash into the market in March or April you were already facing an overvalued market again which has been getting progressively more overvalued, built on hope and that many company's achieving lowered expectations(Apart from big tech). Volatile months ahead however could be a good opportunity if you do have stocks near you buy price.

[@pinnaclefinancial533]

ITC is one such example where I can say the stock prices are irrational. It's one of the cash-rich business & increasing profitability without any debt over the past few years. But still, it has only given merely 2% over the past five years.

[@Investorblog]

But with ETFs would you have learned?

[@MariaAndersenCrypto]

Great!

[@DrOSami]

Great video! Love and respect from Finland

[@TheIcelandicInvestor]

Yeah would have saved me a lot of money 😅

[@zarifi94]

Hi Hamish, thanks for the great content, I constantly find value and different angles on things in your videos. A question for you, what do you think about great businesses (have all 4 Ms), where the share price is directly affected by the price of a material (gold, copper, oil, gas etc)? So they are growing cash flows and equity, but still very much correlated to the price of the material. Cheers mate

[@Len02013]

Awesome video, they are all great tips. My beginner tip don’t invest in a company that doesn’t produce a profit (when your more experienced may take that path but not as a beginner)

[@ASXInvestor]

The 2nd point is so important: 'In the short term stock prices are a voting machine, in the long term stock prices are a weighing machine'

[@evan_rowan]

Love it!

[@MrGenshinGamer]

Number one thing I wished I had done was just investing at a much earlier age into an index fund.

[@jwpajak]

Great info for new investors. I wish I new about intrinsic value when I started and how to look for great companies sell at a discount.

[@mktwatcher]

Excellent Advice - Wise beyond your years

[@giuseppeo77]

Hi Hamish, this is a great video for beginners and I wish I knew this (like we all I suppose) 5 years ago when I started my investing journey. It is a great reminder for not so new investors and/or experienced ones as well. I found the idea of investing in an index fund consistently as a foundation for your investments very useful. This framework can take the pressure off yourself of having to find individual stocks right away and therefore letting you take the time to learn on how to analyze businesses. Cheers! 😉

[@ayanganguly2904]

Is there any Mutual funds like in India ?

[@Willyama]

They only have masala funds

[@ron6977]

Good morning, Hamish...have you heard of an investor called Teeka Tiwari or of investing in blockchain technology? What are your thoughts?

[@lyalljacobson2806]

I'm keen to know as Well. Great advice Hamish thanks for explaining in a way I understand. Cheers.

[@richardbryan9434]

I've been considering buying ETFs/SCHD stocks for retirement, I have set asides $100k but somewhere along the line, I get cold feet maybe because I'm a rookie and have no idea what I'm doing, please I could really use some guideline

[@robertalexandro2162]

You can buy dividend ETFs if you don't want to get into individual stocks. My favorite is SCHD. you can use a coach as well.

[@richardbryan9434]

@@robertalexandro2162 A coach sounds like a good idea, but how can I get a reliable one considering the nature of the market today?

[@robertalexandro2162]

@@richardbryan9434 There are good names out there, people that have shown consistency. Like DOROTHY DONNA TAGLIENTE , she's currently my coach. Lookup the name , you can reach her through her home page.

[@bentarpey8666]

Thanks for this content. I have never considered myself to have had enough money to invest due to my income savings. Now I have been able to get a little bit of savings happening I am looking at long term investing and smart places to put my money and I am finding your videos insightful as I research investing.

[@cjbaker363]

Great video. This is excellent advice for beginner investors and a good reminder for experienced investors!

[@antontzonev1194]

I watched the video for the second time.It is so valuable.

[@12345678924439]

Hamish, i know that you invest in US stocks. How do you deal with the currencies when buying/selling? Ive currently lost around 4% on my american investments this year because i bought dollars with kroner (norwegian currency) at a bad time. In total ive earned a lot of money on the investments, but this loss annoys me.

[@IbadassI]

Your last point is the reason I bought Cineworld stock.

[@Bob-yr1iz]

Buffet says I still have my farm.

[@bl3iv3s]

Take heed all beginners, this is solid advice, Hamish has done his homework and gained experience. Don't be lulled into thinking you can beat the market or make a quick fortune.

[@SergiMedina]

1. I'm all for picking individual stocks. I don't care how much time I have to invest to learn as much as I can. Then again, I'm starting as a pro. But nothing beats good individual stockpicking, tho. 2. Stocks prices really ARE irrational, at least short term, simply because most people ARE irrational. Don't believe that “always perfect pricing” theory at all. 3. Penny stocks can be as good as anything else, or even better, if you know more or less when to buy them and how to know they're not very risky, for example, buying well below book value (or even better, tangible book value), not much debt, being profitable... There are quite a few like that right now. I mean, some are even less risky than most big tech (which I also own some of)! 4. Ah, yes, too many “traders”, especially these Robinhood days...

[@Bob-yr1iz]

Friday & Today dropped 750.00 tomorrow will be brighter.

[@citationau]

Inverse ETF in times of these.

[@logansears7249]

Haven't even finished the video and I already know it's valuable.

[@sherpaman2459]

Hamish I can't express enough appreciation for your videos. You have helped me understand about stocks. Hamish can you make a video on when to sell.

[@HamishHodder]

Thanks! I have a couple videos covering that on my channel already :)

[@FirstEntertainmentSG]

We love your videos. Watched almost all of it!

[@megamonkey56]

check out AYI for a classic penny trap

[@theoj4562]

Great video Hamish. Do you believe people underestimate the impact of share dilution? You touch on it briefly with FC, but it would be great to see a dedicated video with examples of the direct impact dilution can have on prices. Cheers

[@HamishHodder]

I think most people dont consider that impact at all and in many cases the impact is substantial. I will do a full video on this in the future!

[@kaumallose6198]

Thanks

[@marianadavila323]

Great video :D !!