I want to start investing in 2024 (step-by-step guide)

  Рет қаралды 38,439

Rask

Rask

Күн бұрын

Пікірлер
@AshleyChloe
@AshleyChloe Жыл бұрын
I don’t know how but you’ve managed to package an unbiased analysis that is more entertaining than the sensationalized segment of economic and financial news. Thank you for your efforts to be the signal and not the noise. I understand that the economy is currently in a downturn and that we must wait for things to get better
@keithfletcheer2156
@keithfletcheer2156 Жыл бұрын
As hard as it may sound you can plan for the recession. If you are working, find extra work and get an Invest--advisor. Protect your deposits by having enough cash in short term fixed income. Then cut your expenses. Minimal insurance, cut utilities.
@TaiwoAyomide-pc2gt
@TaiwoAyomide-pc2gt Жыл бұрын
iThink the current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner
@Knackers77
@Knackers77 11 ай бұрын
Im 46, and only taking the plunge this year as a New years resolution. I've been wanting to do this for so long, even having accounts set up to do so. I've recently bought some Vanguard etfs and set up auto invest. I've also set up 2 kids accounts for my daughters 2, and 4. Planning to put $50 in each of theirs fortnightly. Hopefully they have a better start than me...
@damianforsyth39
@damianforsyth39 Жыл бұрын
This should be shown and taught in schools it's so important for young people to realise the value in financial freedom and not be tied to bad debt.
@kharamsimms1338
@kharamsimms1338 Жыл бұрын
Just listening from the us i want to say you guys are amazing
@breebakermentalhealth
@breebakermentalhealth 6 ай бұрын
thank you from the bottom of my financially illiterate heart - you guys are awesome
@nooralichangezi3437
@nooralichangezi3437 5 ай бұрын
😂 same feelings bro
@dewifatmawati
@dewifatmawati Жыл бұрын
Thank you for sharing with us. The video is straightforward, easy to understand and practical for someone like me who wants to start in investing
@sharndawg007
@sharndawg007 5 ай бұрын
Love the Super millionaire comment! ❤ Budgeting took a while to get comfortable with but I found having separate accounts for each cash spending category (e.g. a separate account for groceries, separate account for bills, petrol and transport (bus/train fares) and paying myself a spending allowance into a separate account) helps to stay on track. The other thing I have done is set aside money in a short term expenses account for car expenses (rego and insurance) or funds for Christmas and my daughter’s expenses (birthdays, school fees or clothing etc that she needs throughout the year). I was fortunate enough to live next to an accountant in my early 20s who gave me one piece of great advice that I have stuck with and that is to work out the average cost of your bills per pay cycle and pay that amount towards each bill when you get paid. That way, when the bill arrives, your bill is already paid.
@simongerega
@simongerega 2 ай бұрын
So true...this is the psychology behind investing
@newmeutube1
@newmeutube1 11 ай бұрын
Cheers for sharing this awesome video. I’ve been very interested into investing.
@HelSpe-gq2jk
@HelSpe-gq2jk 8 ай бұрын
Love watching your videos and so interesting. As someone nearing retirement age and late investor. This has been very helpful.
@perera319
@perera319 Ай бұрын
Thanks Dear
@gracieharrower6111
@gracieharrower6111 4 ай бұрын
this is was great!
@preciousoha
@preciousoha 11 ай бұрын
How do we use your services, I want to consult
@nooralichangezi3437
@nooralichangezi3437 5 ай бұрын
What’s the best platform to start
@kp-dr7tt
@kp-dr7tt 2 ай бұрын
Putting extra money into your superannuation
@zeniasaldanha3948
@zeniasaldanha3948 Ай бұрын
How do we understand the sale of the ETF at company level trigger a capital gains at tax time with no fault of ours.
@dwaynedavies2001
@dwaynedavies2001 4 ай бұрын
So I wanna buy vas which is well over $300 I want to get that and maybe one other Australian etf. Do I then have to pick it coming out monthly after that as in implementing atleast $100/500 monthly and not pick the one time payment option, Thankyou just wondering which option I’m meant to be picking as it says when I’m going to buy it says one time payment and not sure if I click that and I won’t be able to add more money to it monthly.
@NathanBradley-w1z
@NathanBradley-w1z 4 күн бұрын
I've come here with fear about my financial situation. Though, I have minimal debt, at 40 I'm not where I want to be. I'm attaining information and want to pull the trigger, however my hurdle right now is my strategy and goals. Is dividend focused, long term growth and how to approach this. Some part of me is comfortable with the idea of losing, as long as I have the potential to grow. So the standard core ETF idea is appealing, but for me feels a bit too passive. I see the appeal in Nasdaq 100 ETFs and putting my money towards satellites and riding that ebb and flow. I wonder if this is a poor idea. I can only trickle small amounts till my studies are complete.
@NathanBradley-w1z
@NathanBradley-w1z 4 күн бұрын
Forgive the grammar.
@EdwardsBains
@EdwardsBains 9 күн бұрын
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
@SamsonsRhodesas
@SamsonsRhodesas 9 күн бұрын
I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second daughter. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks...
@EdwardsBains
@EdwardsBains 9 күн бұрын
Taking break may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. A licensed CFA whom has made me over 5 figures in profit in less than seven months, handles my investments. I could leave you a lead if you need help...
@SamsonsRhodesas
@SamsonsRhodesas 9 күн бұрын
Oh please I’d love that. Thanks!
@EdwardsBains
@EdwardsBains 9 күн бұрын
*MONICA AYAKO VOS*
@EdwardsBains
@EdwardsBains 9 күн бұрын
LOOK HER UP ON THE WEB
@hooous5100
@hooous5100 10 ай бұрын
commsec requires $500 minimum first time investing, is there a way to avoid
@johnnyblaze373
@johnnyblaze373 10 ай бұрын
Use another platform. Maybe cmc markets?
@taringaturi6950
@taringaturi6950 10 ай бұрын
try Stake or Pearler
@dreamdream773
@dreamdream773 2 күн бұрын
Webull, no brokerage fees
@windbagger9524
@windbagger9524 7 ай бұрын
Dem 482 dolled nvidia shares at 36:24 😢
@actualfacts1055
@actualfacts1055 10 ай бұрын
Don't pay big brokerage fees to stock brokers for bad advice, do your own research and use a low cost online stock broker.
@Shak1800
@Shak1800 7 ай бұрын
Any recommendations on online stock brokers?
@actualfacts1055
@actualfacts1055 7 ай бұрын
​@@Shak1800 This is not advice but Commsec while Selfwealth has even lower fees.
@actualfacts1055
@actualfacts1055 7 ай бұрын
​@@Shak1800 Looks like I am not allowed to make recommendations but look on Google for online brokers with low fees.
@chookscratch
@chookscratch 7 ай бұрын
@@Shak1800 cmc markets
@kjo68
@kjo68 Жыл бұрын
think XRP investment, thank me later
@johnnyblaze373
@johnnyblaze373 10 ай бұрын
How much later
@Shak1800
@Shak1800 7 ай бұрын
XRP Been an underperformer since the high in the 2017 bull run
@zeniasaldanha3948
@zeniasaldanha3948 Ай бұрын
Love ur videos ! Was wondering if there was a video on pros & cons on micro investing, how & where , also how to keep records. Fees etc at Pearler . Tkx
@Gamingpie007
@Gamingpie007 2 ай бұрын
Legends 🫡
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