How to Avoid Investing Mistakes As a Beginner (DON'T DO THIS!)

Why should you be investing? Investing in the stock market is the best and easiest way for the average person to build wealth today. Open a brokerage account today and start investing by using the links below.

Join M1 Finance And Robinhood Today Using The Links Below:

M1 Finance Sign-up Link: https://mbsy.co/rQhqM
Robinhood Sign-up Link: http://join.robinhood.com/justins737

My Personal M1 Finance Accounts:

My M1 Finance Personal Savings Portfolio with a current value of $18,554: https://m1.finance/bU1g_anMU
My M1 Finance Roth IRA Portfolio with a current value of $6,418:
https://m1.finance/VidvmcCWI

Buying an ETF or Mutual Fund that tracks the S&P 500 and holding it for a long time (10-30 years) is still the best way to guarantee investing success. If you are a beginner, this is the best option because successful investing is not only about knowing what to do but also being able to control your habits and emotions. Many small fortunes have been lost from investors who think that they can control the stock market or that the stock market will never recover from a large drop. And while it is not always guaranteed that an individual stock will recover (companies do go bankrupt) it is always guaranteed that the stock market as a whole will recover if given enough time.

Can you predict the direction of the stock market? It seems that when the stock market (S&P 500) is up everyone is a genius and when the stock market tanks everyone is worried about losing their hard earned money. In this video I talk about how it is impossible to consistently and accurately predict the direction of the stock market over the short term. Instead of consistently buying and selling, I argue that it is better to buy and hold high quality stocks of reliable, well known companies so that you can take advantage of the long term upward trend of the stock market.

While I recommend buying ETF's and Mutual Funds with low expense fees and broad diversification for beginners. I also teach intermediate and advanced trading strategies for selecting individual stocks that have allowed me to beat the historical gains of the S&P 500 over the past 10 years (although I will admit that we've been in the longest bull market in history with the S&P 500 up over 330% during the last 10 years; so it hasn't been too hard to beat the market if you know what you are doing).

I teach you things you don't learn in school like how to be a long term investor, how to build a million dollar retirement portfolio, and more generally how to be a financial genius. This channel is perfect for both the beginner investor and the experienced investor so make sure to subscribe for more weekly content.

Видео How to Avoid Investing Mistakes As a Beginner (DON'T DO THIS!) канала Justin Scott