6 Simple Tips For Beginners To Invest And Save | Business Insider Explains

6 Simple Tips For Beginners To Invest And Save | Business Insider Explains | Business Insider

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Күн бұрын

Here are 6 simple and effective tips to level up your investing game from diversifying your portfolio to investing regularly in stocks and short-term treasuries. Investing correspondent Laila Maidan goes over how much you need to invest and why it’s better to start now.
Read Laila Maidan's full article here: www.businessinsider.com/inves....
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00:00 - Intro
00:22 - Tip 1: Diversify
01:07 - Tip 2: Invest Regularly
02:18 - Tip 3: Be Aware Of Fees
03:06 - Tip 4: Short-Term Treasurys
03:40 - Tip 5: Compound Interest
04:34 - Tip 6: Avoid Concentrated Risk
05:11 - Conclusion
05:48 - Credits
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#investing #personalfinance #businessinsider
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6 Simple Tips For Beginners To Invest And Save | Business Insider Explains | Business Insider

Пікірлер: 136

@bryllemutia404 3 ай бұрын

That thumbnail is what scams use nowadays.

@ethanmann5231 3 ай бұрын

Yeah, it is, but the generous interpretation is $50 a month invested will turn into $50,000 in not too long.

@ned431 3 ай бұрын

its a 6 min ad. skip it

@Ass_of_Amalek 3 ай бұрын

@@ethanmann5231 but they won't, because without interest, a monthly $50 would take 83 years to accumulate to $50k, and it would still take the majority of that time with interest because anyone who promises any riskless investment even approaching a two digit yearly interest is pushing a fraud scheme. meanwhile if you actually saved it in dollars, and we assume a slightly pessimistic yearly inflation rate of 3% (I hear central banks nowadays normally aim for 2%), you would start losing more purchasing power than the $50 per month after $25,000, and by the time you reach $50k, the savings (without adding $50) would be losing the equivalent value of $100 per month.

@ethanmann5231 3 ай бұрын

@@Ass_of_Amalek Why do you need a riskless investment? Almost all investing has risk. You can regulate your exposure to risk with bonds but the S&P 500 has averaged around 10% since it's inception.

@ethanmann5231 3 ай бұрын

@@Ass_of_AmalekEven if you use a conservative 8% growth - 3% inflation $50 a month will have a present value of $50,000 in 34 years.

@fuferito 3 ай бұрын

I'm not that good at math, but I'm pretty sure that diversifying my portfolio from a starting figure of *f••k all* will get me pretty much the same return.

@Phosphoenol_pyruvate_CK 3 ай бұрын

That was savage 🤣

@Alken2 3 ай бұрын

😂😂😂

@misterhat5823 3 ай бұрын

Tip 2: Invest regularly

@claytonsanders508 3 ай бұрын

Turning $50 into $50,000 would take several lifetimes using traditional investments. Maybe saving $50 per week is more like it.

@Eminetics 3 ай бұрын

You cannot turn $50 into $50000, anyone who believes this needs a serious crash course in financial education…

@willrose5424 3 ай бұрын

Over time.

@Beautyaddixion 3 ай бұрын

@@willrose5424more time than a lifetime....so ya it will. But it'll outline you.

@MakZor 3 ай бұрын

The point is that if you invest a small amount like 50$ each month. And you keep saving while the money keep on growing. It will grow and become 50.000 if the stock market grows for ~8-12% each year. Of course it's not near fast cash. But in 20-30 years you'll be there. And yes, if you decide to save more then just 50$, the money will just grow even faster.

@R-Estrella 3 ай бұрын

No, they're right. Realistically, that's not really possible in this point in time. When I was taking business class they taught us to remember with time comes change. It's like gambling at the end of the day too. No matter how good or bad the investment is just that's not possible. Even if you put the research into investment. It's never the same.

@Eminetics 3 ай бұрын

@@willrose5424yeah over 90 years at a 9% return.

@PoeInTheDitch 3 ай бұрын

"Turn $50 into 50k." Holds up $35.

@AlpArslanTheSeljuk 3 ай бұрын

Mission failed successfully

@favoursmith 3 ай бұрын

My biggest lesson I've learned in the stock market is that no one knows what's going to happen next, so I do research and exercise some humility and follow a strategy with long term upside.

@HAL0SINC 3 ай бұрын

Yup $50 in lottery tickets will most definitely get you $50,000

@Phosphoenol_pyruvate_CK 3 ай бұрын

That sounds like all these egregious motivational quotes 😏

@vladrazym9955 3 ай бұрын

The whole egg illustration is really annoying 😢

@bluntman8107 3 ай бұрын

To enter the market, don't use your bank account. You need to open an investment account, like a brokerage account, which you fund with cash that you can then use to buy stocks, bonds, and other

@willrose5424 3 ай бұрын

I didn't know beans and rice were enough to survive. I could have saved a lot. No fast food or takeout for a year.

@juliakinney 3 ай бұрын

Well explained. Thank you for bringing up this video. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject ..... Thanks to Joyce Wooldridge the lady you recommended.....

@DaveRondon 3 ай бұрын

That is true my dear, Investment is the best idea presently and without it, human struggles are worthless.

@Costajenny56 3 ай бұрын

Ms Joyce encouraged me in making decisions about my finances that changed my life. Imagine my initial startup budget of $2,500 gave me the profit of $7000, in just four days.

@EdnaRebulado 3 ай бұрын

No doubt!! I never knew Joyce Wooldridge had gone viral. I decided to back up my assets and property with her when we met at a conference in New Jersey for the first time.

@PaulinaEviar 3 ай бұрын

It's truly inspiring to hear how Ms Joyce Wooldridge mentorship and your dedication have led to such remarkable financial success.

@juliakinney 3 ай бұрын

*SHE'S MOSTLY ON TELEGRAMS APPS WITH THE BELOW NAME*

@NoNORADon911 3 ай бұрын

Invest in silver, gold, lead and tools for a small business. Unless you are more of a gambler, no risk no reward sort of person.

@morallycorrectrepublican 3 ай бұрын

this video would get absolutely demolished if warren buffet reviewed it

@t.o.o.smooth5870 3 ай бұрын

Even drug-dealers can't turn $50 into $50,000!

@HAISSA4701 3 ай бұрын

Thank for this demonstration in invest

@theepicsealshow123 3 ай бұрын

LMAO THEY CHANGED THE THUMBNAIL FROM TURN 50 TO 50,000 TO INVEST 10 DOLLARS A DAY 😂

@ned431 3 ай бұрын

A shitty 6 min ad. Dont bother

@ethanmann5231 3 ай бұрын

What was the ad for?

@auro1986 3 ай бұрын

how does telling viewers to invest in your business increase viewers money?

@whiskeysoda3275 3 ай бұрын

Selling weed is not so profitable these days😂

@Slickpete83 3 ай бұрын

*take $50 and put gasoline in your car and go to work to make $50000* hahahaha,,

@LiquidMetal91 3 ай бұрын

You need money to make money... $50 isnt close to enough what you need to make stuff like Stocks work. You need to keep an eye on them the entire time to be able to make a profit. How is someone able to do their normal job, when all the do is stare at their phone the entire day to make sure their stocks didnt sink to hell..?

@Businedu 3 ай бұрын

FIRE🖤

@Slickpete83 3 ай бұрын

*that guy drinking coke cola everyday should invest in insulin when he gets diabetes* hahahaha..

@CodingAqyanoos 3 ай бұрын

Investment is very tricky. If you are not careful you will lose everything.

@ethanmann5231 3 ай бұрын

Not necessarily if you invest in the general market over a long period of time.

@eryndelosreyes8224 3 ай бұрын

Yeah, she mentioned if a team of skilled advisors get it wrong, how much of a chance does the average person with no experience have

@misterhat5823 3 ай бұрын

Meh. She did say to diversify.

@Necr0Mancer666 3 ай бұрын

Great way to increase stress in an already stressful life!

@ethanmann5231 3 ай бұрын

So, not having money saved for retirement gives you peace?

@Necr0Mancer666 3 ай бұрын

@@ethanmann5231 why would you not have money for retirement if you have a steady job and a simplistic lifestyle?

@cheesetomatoes 3 ай бұрын

Investing shouldn't be stressful. It's simple, really. Check out the Bogleheads philosophy. You won't believe how little you need to know to invest successfully for the long term.

@ethanmann5231 3 ай бұрын

@@Necr0Mancer666If you just stuff money into a savings account it will not grow and will lose value to inflation. Not saying you couldn't do that but you'll end up with a lot less.

@ethanmann5231 3 ай бұрын

@@Necr0Mancer666$50 dollars a month automatically invested into a low cost index fund at 8% from the age of 24 to 67 is almost $224,000. The same put into a savings account at .5% is $29,000.

@Kilomylesco 3 ай бұрын

Boy, i wasnt sure I had 50 bucks, but then I saw the thumbnail with the person holding a 5 and a 10 dollar bill! I recognize those denomination! Maybe I can become rich and have $50,000???

@WhuDhat 3 ай бұрын

thanks for the advice I researched the Market fluctuations worldwide, flew down to South America invested $50 USD into come and am steadily watching the returns flood in, My ummm financial advisor has me setup to continue investing for years to come, 50k flew by and I'm on my way to sextuple digits

@eryndelosreyes8224 3 ай бұрын

When she said diversify portfolio 😂

@samehabouez8267 2 ай бұрын

Here’s how to save money: Don’t write on your eggs for a video and then throw them away😂. Seriously that was soooo much eggs wasted😅

@sheepwshotguns42 3 ай бұрын

why am i subbed to a channel that peddles obvious get rich quick bullshit? just gunna fix that real quick.

@JudgeDredd_ 3 ай бұрын

I’ll just stick to sports betting

@moerdijkhonkey-rz5um 3 ай бұрын

First comment from a human

@will891410 3 ай бұрын

If you dont have money just buy real state and youll be fine. 😃👌

@jasontheworldisyours 3 ай бұрын

Just buy Nvidia before their earnings report on February 21

@daniels-mo9ol 3 ай бұрын

*after, Nvidia is currently extremely overpriced and their earnings will show that. Better to buy after the drop.

@union310 3 ай бұрын

She is quoting Warren Buffet

@FrederikAbramson 3 ай бұрын

I have one tip for you: don’t earn money, make money, start your business the only way to make money!

@midnightisnice 3 ай бұрын

Super good information. Loving this channel. And no I’m not a bot. I’m late to the party here, the couple videos I’ve seen been S tier

@bikedawg 2 ай бұрын

Put all your money into NVIDIA--long term, you will make $$$$$$$$$$$ money. No one can come close to their technology on AI and GPU chips with their complete solution.

@tprim7736 3 ай бұрын

Stocks, stocks, stocks. Greatest scam of humanity

@marco.4525 3 ай бұрын

50 to 50,000. I say bullshit! Prove me wrong! You are a little liar ! What year? When? Who? How? False story ! Cheap journalism!!!!

@LuizFelipe-lk1hs 3 ай бұрын

Baloney lol I'm glad I am conscious with what I do with my money.

@quantumimmortality551 3 ай бұрын

I can turn 50,000 to 50

@kasseen 3 ай бұрын

Outdated information. the 60/40 portfolio is dead. Bitcoin is it only way to outperform the stock and bond markets

@misterhat5823 3 ай бұрын

Pure BS. Bitcoin is the tool of scammers.

@cprint921 3 ай бұрын

Third ig

@praguhbis 3 ай бұрын

This woman is very intelligent. She is addressing people who can't get even afford to eat properly and that there is social turmoil in the USA and the West, where money for wars are found so easily. Kudos to such intelligence.

@niklashartmann3703 3 ай бұрын

Looks like someone got hacked

@trcsyt 3 ай бұрын

first

@arkwell04 3 ай бұрын

What this is impossible

@mara3842 3 ай бұрын

Lost me at cracking the chicken periods

@lanceman24 3 ай бұрын

You can turn $50 into $50,000. How? By investing that $50, or even less, in yourself. Use it to learn a valuable skill that can increase your income over time. Whether it's a book, a mini-course, or any resource that teaches you a skill to practice and master, investing and believing in yourself pays dividends. It's about committing to the journey, being patient, and understanding that there are no shortcuts to getting rich quickly. Financial wealth is just one aspect; we must also cultivate mental wealth. Those who are financially rich but mentally poor often end up back where they started, losing it all. However, those who are financially and mentally rich are the ones who build generational wealth.

@j0hnny_R3db34rd 3 ай бұрын

I wish my legs looked that good.

@user-xt6wr9eg3n 2 ай бұрын

non

@jdkgcp 3 ай бұрын

Diverse your money? Holy smokes someone pay this geniuses student loan debt off immediately. Whats next? Is she going to tell me to "save" my money? No...she doesn't

@CQ2600 3 ай бұрын

If I invest I cant buy as much crack and meth, this is horrible advice.

@Ass_of_Amalek 3 ай бұрын

uhm what is this

@ethanmann5231 3 ай бұрын

A very basic introduction on how to not have to work for the rest of your life in a world with no pensions and dwindling social security.

@nopelindoputraperkasa5869 3 ай бұрын

Very useful and useful ...Greeting from Indonesian traditional gold Prospecting 🇮🇩🙏😍😍👍

@Therealpicodogg 3 ай бұрын

Horrible advice.

@HD-fc4ds 3 ай бұрын

Cool story too bad investments is basically slots today, not to mention market collapse every 10 years and all the money is gone, but the rich buy out bancrupt people shares for pennies

@ethanmann5231 3 ай бұрын

It's always had a cycle of bull and bear but on average over the course of a career the market goes up.

@cheesetomatoes 3 ай бұрын

Just buy low cost diversified index funds and don't touch it for decades. "Market collapses" don't matter if you do this. This is not gambling.

@hyde_tamjidredskulldx 3 ай бұрын

This is stupid

@touchofgrey5372 3 ай бұрын

If I followed your advice, I'be like 95% of all investors; BROKE! Does the word 'INFLATION" and taxes mean anything to you!?

@ethanmann5231 3 ай бұрын

S&P 500 on average grows far faster than inflation. In the US, there are many tax advantaged accounts: 401k, IRA, Roth IRA, HSA...

@ethanmann5231 3 ай бұрын

Most investors are broke because they don't follow this advice and day trade in single risky stocks or do follow this advice but take out loans or early distributions from their 401k.

@cheesetomatoes 3 ай бұрын

Buy and hold low cost index funds for the long term. That's pretty much it. Leave it alone and you'll win.

@touchofgrey5372 3 ай бұрын

@@ethanmann5231 There is that wise saying: "If you can't hold it, it's not really yours!" Especially, in today's environment! You all go ahead and play with your 'portfolios; i'll be counting my ...!

@ethanmann5231 3 ай бұрын

@@touchofgrey5372 $50 dollars a month automatically invested into a low cost index fund at 8% from the age of 24 to 67 is almost $224,000. The same put into a savings account at .5% is $29,000.