Stocks Won't Make You Rich Quickly - Here's Why

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Doctor Budget

Doctor Budget

Күн бұрын

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How many times do you get caught up on Instagram, Facebook, and TikTok looking at people trading on the stock market and making bank? Do you want to become like them, and make $100s a day just by makign a few clicks?
Unfortunately, making money isn't THAT easy on the stock market. Human emotions get the better of us more often than not, and our desire to cut corners comes back to bite us eventually. Take it from my dumb experiences, and learn why the stock market is a bad place to make quick money.
0:00 Intro
0:50 The Reality of Stock Market Returns
2:44 Dangers of Get-Rich-Quick Schemes
5:19 Alternate Strategies for Wealth Building

Пікірлер: 8
@Bitcoin-Basics
@Bitcoin-Basics 14 күн бұрын
Nice video!
@SpikeMiller-hg2oj
@SpikeMiller-hg2oj 17 күн бұрын
👍👍👍👍👍👍
@fairliemayne421
@fairliemayne421 18 күн бұрын
Promo SM 🙄
@TRASHCARRIES
@TRASHCARRIES 16 күн бұрын
This is mongering, by not sharing that there are reputable sources available that can get people rich quick, alongside designed algos that do work substantially.
@PhD_Budget
@PhD_Budget 15 күн бұрын
I would not listen to those people. Anyone that claims you can get rich quick in the market is simply lying to you. Building wealth with stocks takes time. Just ask the greatest investor of all time
@TRASHCARRIES
@TRASHCARRIES 15 күн бұрын
​@@PhD_Budget do you see what you're saying though. "Anyone" - implies that there is a absolutely nobody that can deliver you viable/valuable information, and that it is 100% impossible to "get rich quick" within the markets... You know for certain, that this is entirely untrue - though it should never be sold as an idea as such. I myself, have front-ran the retirement of many individuals over short periods of time, provided thousands of lucrative (naturally risk-aversive) investment opportunities to many who directly thanked me for successful work with minor instances of understandable financial failure (of course anyone fails). Additionally, engineered a simple-yet-powerful algo that has proven to work in tandem with an understanding of algorithmic/psychological behaviors, that took 3 FULL years to informationally actualize, test, and prove. But according to your information, I'm fake. The principles and all existentially valuable work I've done for others over the last 5 years is not real, and impossible? The sub-1% of successful financial professionals, who actually help (not for-profit) are also not real?? I do not think it's a good idea to put a cap on people's chances to run into something good, when it does exist. Even if it is almost impossible to get access to it. While it addresses large issue, your argument itself is a great mistruth if taken literally. Which most uneducated people will.
@TRASHCARRIES
@TRASHCARRIES 15 күн бұрын
​@@PhD_Budget The amount of time it take to accumulate wealth is subjective, but also an absolute - as time MUST pass. Yet, if you make objectively correct decisions, then you simply win. Winning in any instance transcends any set amount of perceived "time" based on its magnitude, and the repetition of success by-volume. Buffet is correct, but the average expectation of time spent is not law. Being average by perception is not an absolute, as existential bottom lines are eternally transformative over time itself. People like me exist to prevent stagnation in human progression, where those who do succeed and set examples cannot deny the excellence of all others by their natural authority. There is always more power to accumulate, greater efficiencies to achieve. Period, whether it can be fathomed by those who set standards and slave to them - or not. We get paid to do that.
@PhD_Budget
@PhD_Budget 15 күн бұрын
Sure, if by gaining wealth quickly by selling a false dream to people and scamming them out of their hard-earned cash. To get to multimillionaire status, that takes time. Gaining millions in less than a year from 0 is borderline impossible. Very few, if any, can do that. For the vast majority, the slow but steady approach works well, and has for many decades. Businesses take time to grow. Share prices don't move 1000% in a day. These things take time.
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