6 Beginner Investing Mistakes! DON'T DO THESE

[@Whatsinaname_]

Thanks for the video. I learn so much from your content.

[@humphrey]

My pleasure!

[@leakyloki]

You’re one of the few finance dudes that I trust in KZbin. Thanks for the videos!

[@doctorhorton]

Always feel a big issue is people in mutual funds when they don’t even know what it’s invested in. I’m guilty of this. Set up a Roth IRA though my local bank advisers and then during the big bull run of 2019 noticed my returns where nowhere near the market performance. Found out I was in three different bond funds. I was so disappointed I paid a termination fee to move my Roth IRA to vanguard. Sold the investments and bought VTSAX! Great video!

[@abeott5866]

Good stuff man, just found your channel and I love it! Binging all your videos

[@humphrey]

Welcome aboard! Thank you so much, I appreciate these comments so much!!

[@winnietang3465]

Can you do a video of tax implications comparing the different brokerage?

[@humphrey]

Tax is definitely a topic I need to brush up on and figure what is the best situation for most people before I make a video. Thanks for the comment Winnie :)

[@JBrynnJ]

Wow this should have more views. The tax info alone was helpful!

[@alfonsosterling133]

I found you through the rice/ bezoar wealth video. I am here and watching moving forward.

[@humphrey]

Nice, welcome Alfonso!

[@mattnguyen1672]

Dawg I found you on TikTok. Subscribed!

[@misterdude206]

I'm trying to get to a point where I can set it and forget it. Starting with small goals of let's say $200 a month in passive income. At first I bought what looked good. Such a waste of time and money. Haha. Research and stick to what's stable.

[@humphrey]

$200 a month would be amazing. I think thats a good first goal to get to!

[@infantrymasterWIC]

Keep up the good content Humphrey, I think your videos are great.

[@humphrey]

Thank you Jamie 🙏

[@DandyFinance]

Haha interesting comparison, rather buy at worst times than don't invest at all. Thanks for sharing!

[@nuchalrigidity1677]

Awesome video Humphrey. Thank you! 🙏

[@humphrey]

Thank you for watching :)

[@Alexis_Marcelo]

I have been guilty of number 3. That is why I invest consistently now especially on red market days.

[@humphrey]

100% agreed. Thanks for your comment alexis, today is a red day but I added to some positions today!

[@tirrellbethel]

@Will Hooton As someone who is looking at this from the outside could you elaborate on R&D. I want to start investing but I'm not sure where to start exactly. my friend says robin hood works for him but everyone is different so I was hoping to get some insight.

[@VALPRISTOV]

Could you give some advice for non-US citizens (maybe for the EU)? (for example, Robinhood is only US citizen)

[@yixuanlu9942]

This was hands down the best video I've watched on beginner mistakes to avoid. I've been researching for awhile now and feeling super overwhelmed about "timing the market" but this video just instantly changed my mindset. I'm excited to get started!! Thanks for the awesome video Humphrey, super clear and I learned so much :)

[@lukeburbank3873]

Do u have a video are like completely starting stocks? I just turned 18 and want to get started thanks !

[@humphrey]

Not yet Luke but I can def consider that

[@marcelloribeiro3170]

Great video, I have been trying to time the market and it usually doesn't work.

[@humphrey]

hahaha seriously, ive been there bro, thanks for your comment Marcello

[@aliakca4487]

thanks man i am bigginer sure does help

[@humphrey]

Awesome!

[@joannamartinez5160]

Hey man, you new in crypto? Start by having basic education for yourself so you have a clue what you're going into, that said. How would you like to learn how to make this create extra daily earning for you. While you learn about trading cryptocurrencies you can still make daily profits with the help of professionals. Hope you're interested in this offer buddy 👍

[@Harry_16710]

Solid advice - thanks Humphrey!👍🏼

[@humphrey]

Any time!

[@mikejohnson1182]

Thank you this is a so helpful I definitely am guilty of these

[@humphrey]

It's ok, we all are :) lol. Thanks for watching!!

[@shepherds_grandma]

Thank you for sharing your knowledge. You are my friend that gives me financial advice! ❤️❤️❤️

[@mar808]

@Humphrey Yang Hi, I opened a Roth IRA at Vanguard last month and contributed the maximum amount (6k). Can I also open a taxable account at Vanguard and buy an Index Fund there for an additional investment?

[@ivanrf5205]

Love your content I’ve definitely made some of these mistakes 😂

[@isaachuracha3857]

Good content bro 👍🏼 keeping it real 😎

[@thefinancehub3987]

Another great vid, keep it up!

[@humphrey]

Thank you finance hub

[@SakibLH44]

Learning a lot from you man lol great vids

[@humphrey]

THANK YOU :) Glad you like them!

[@ashleymcmasters6736]

I enjoy your videos so much! I started watching a little while ago because I was considering investing and now watching your videos, I really want to invest in something just to get my feet wet and actually do something with my money.

[@humphrey]

I'm so glad you're watching, I hope you are getting something out of the channel and I appreciate your support :)

[@marianagonzalez8351]

What investing/stocks books are a good read for beginners?

[@humphrey]

I would prefer reading online "reddit.com/r/investing", and go through the FAQ section there and start to just read it daily

[@marianagonzalez8351]

@@humphrey Okay, thank you!

[@revlisnaver8288]

I've made more than half of these mistakes lol. But I think my biggest mistake was starting out late. Great insight and video!

[@humphrey]

Hahaha for sure. Thanks Revlis

Another great video, thanks :)

[@humphrey]

Thx Tomas!

[@omargo213]

What brand is your shirt?

[@humphrey]

Rag and Bone I believe! Wait for their online sales. always way cheaper.

[@dominicdo6707]

what camera do you use for your vids?

[@humphrey]

i use the sony a7ii. But tbh I'd love to get a 4k camera in the future.

[@dominicdo6707]

Humphrey Yang It’s still great quality, what camera are you thinking of getting?

[@psolver8147]

Do you get taxed each year even if you don’t withdraw your profits?

[@LazDombovic]

Great video!! I’m breaking a rule :< I liquidated everything in the market a week ago...I think the housing market will be getting hit hard very soon.

[@humphrey]

Haha not the worst thing, it is possible - yes definitely. Thanks Laz ;)

[@devmistry4040]

Thanks for the video, you really explain good. So I am planning to start investing utilizing my adult money in something usefu, I followed your advise and checked risk tolerance but I am not confused it said Stocks 30% and Bonds 70% but I am thinking that should I calculate it as money I'm planning to put or how it works

[@ambatson8897]

Time in the market not timing the market .

[@humphrey]

Word. Thx for your comment Ambatson

[@smithalexisl]

Super informative!

[@humphrey]

thanks Alexis ;)

[@steaknive]

Here’s a question... what determines my tax bracket for the year. I saw your TikTok about tax brackets, and I understand what you explained. (Because you did an awesome job at it) but I’ve been in the 22% tax bracket all year. Am I in the 22% because of my last years taxable income? But then that doesn’t make sense to me. Just curious is all.

[@humphrey]

What was your income last year and this year? I can investigate for you.

[@steaknive]

Humphrey Yang last year I was at 73k. This year so far I’m at 35k. I think I have an idea why, but I’m curious what you have to say.

[@heatherleslie6643]

I have a Roth IRA with my funds in VTSAX Admiral Shares per financial advice. Can you explain what that means exactly? What’s an Admiral Share?

[@christopherchurch556]

I'm a 31 yr old who decided to go back to college (frankly 10+ yrs in the retail/warehouse world wasn't going to be kind to me in the long run). I'm hoping with in the next year to get into investing. (once I've graduated and got the "good job"). Any suggestions on where to start for someone like me?

[@raisa863]

another great video!

[@humphrey]

Thanks raisa!

[@aymanalafifi]

Your last point is the hardest to figure out for beginners. Particularly, how do you strategize investing your savings for a short-term large purchase (e.g. house payment). It's risky, but likely better than losing to inflation in a saving account

[@briannar6843]

What are your thoughts on opening a Roth IRA with a credit union compared to opening with the 3 institutions you mentioned?

[@NekoMableFan]

I feel attacked with #3 😂

[@humphrey]

hahah :D my goal was to attack every1! lol. Thanks Neko for your comment

[@samanthaphung]

Thanks for the video! I have just begun to invest in the market. What do you think about investing in a high return ETF like ARKK with a high 0.75% expense ratio that has a 52 week gain of ~ 150% vs an S&P 500 ETF of 0.04% expense with a 52 week gain of ~ 15%?

[@igobyadi]

The bowl cut lmaooooo

[@ZaidProductionsXO]

hi

[@humphrey]

Lolol

[@jwhimself1258]

Hi! I love your videos. I'm currently 19 and I wish to start a small investment. However, I have noticed that Robinhood is currently only available for people in the US. Are there any alternatives for people that are currently living abroad? Additionally, it would be really awesome if you could talk about the significance of Yield, YTD return and Expense ratio. I found explanations online but I didn't find them quite reliable. Edit: Vanguard Global does not include the country that I am currently living in. Could there be any other option? As always, thank you for the free lessons!

[@humphrey]

Yes there usually are a bunch of options. What country are you in? Did you google "no commission brokerage in XXX country"?

[@jwhimself1258]

Humphrey Yang I am currently in Cambodia and it seems like there’s only forex trading and cryptocurrency which are considered safe and other than that, I couldn’t find any other information. I’ve looked into some other options and it seems like Canada doesn’t have tax issues unlike the US for foreigners. Would Canada be a good place to start? I will serve the military for two years in Korea due to it being mandatory and go for a Canadian university and I thought it would be a good start.

[@FluffyBunny9002]

I made all these mistakes...including the haircut.

[@evader1408]

No dislike ! Noice 👍

[@AbdulMajeed-pl8jg]

this channel is gold

[@humphrey]

thanks man!

[@shawnosnap3462]

put all my money into pokemon cards... got it!

[@ladyfreddie7513]

I thought the hair cut was cute for a young guy. Just saying.

[@michaelrockhold7933]

That haircut tho 😟

[@krakken11354]

I just got an email from Schwab about Schwab Intelligent portfolio, I think it is a robo advisor like wealthfront. have you heard of it?

[@humphrey]

I haven’t but robot advisors are generally pretty OK. Not bad but not amazing. Very safe typically

[@bucsfan2565]

Do a breakdown of Nancy Pelosi’s investments