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@JimGreenfield4 ай бұрын
Okay so I advise you to start with stocks, When picking stocks my only advice is you buy a good cross-section of an economy and you should do well over the long term. The market will be high in 10 to 20 years, and significantly higher in 30. It's almost impossible for a company with no debt to go bankrupt. Canada is about 3% of the global marketplace, the U.S. is about 50%, and the remainder of the globe is 47%. Pay yourself first. It's time in the market, not timing the market. I stay on top of the market with my FA Anna Rounds Fay. Bulls and bears make money, but pigs get slaughtered. - some wise words
@Maryesther14 ай бұрын
Thank you, this was definitely worth the read, as Investors may avoid making decisions out of fear of regret. This can lead to inertia, where individuals hold onto cash rather than invest, fearing they will make a wrong decision.
@AltmanP4 ай бұрын
Thanks for sharing, I just looked her up on the web because this is equally important to me, and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
@HelenToner4 ай бұрын
The aim is always to find stocks with market-beating yields and shares that at least keep pace with the market for the long term.
@MellisaAdam4 ай бұрын
she has a pretty decent bio.
@KenHagenes-yv6un6 ай бұрын
Nice and Informative video. I started investing with a qualified FA about a year ago and I’ve scaled from 70k to 280k in dividends. It's been great working with a pro.
@CarolJ.Sorenson6 ай бұрын
I compounded 570k last year. I key into the instructions of my FA, Ann Marie Celentano and her returns have been remarkable
@JMorries6 ай бұрын
searched on google for this lady you mentioned. her records are impressive and I was able to reach out. thank you for sharing
@albforever6 ай бұрын
I know Ann, my close friend trades with her too. The returns have been so good he bought a new house this month.
@bobbyjames54146 ай бұрын
I’ve realized that the secret to making a million is making better investment..🙂
@Russelbobby456 ай бұрын
*Victoria k Walter*, That's Whom I Work With_
@craigbrown78866 ай бұрын
@@Russelbobby45Wow I'm surprised you know her too, she’s amazing!
@PatriciaMary116 ай бұрын
This opportunity has changed my life, My credit score increased tremendously, I became a multiple 6 figure earner, I'm able to financially, support my family. I now have the time to be with my family and also the luxurious life I've Dreamt of.
@JeffreyAlice6 ай бұрын
@@PatriciaMary11is *Victoria k Walter* on youtube? please how do i reach her!?.
@bobbysmith11196 ай бұрын
@@JeffreyAliceWell, she's not!... KZfaq is a public place; i can't drop her information here
@Lateatnightshorts16 ай бұрын
The title should be “stock market for beginners” lol
@hadiuzzaman6 ай бұрын
Very elementary content, useful for the beginners. Discussion of 2024 starts @19:44
@miket29166 ай бұрын
so, not useful to you?
@antontzonev11946 ай бұрын
Great video once again, thank you Hamish!❤
@meldavies99096 ай бұрын
An excellent breakdown of what investing in stocks means. Should be included in most educational curriculum.
@melkiyad25046 ай бұрын
Cheers Hamish! Great explanations and forsight, your content is a peg above the rest.
@anthonybengston5 ай бұрын
Excellent Hamish!
6 ай бұрын
Good work Hamish! Awesome Thumbnail.
@HamishHodder6 ай бұрын
thank you!
@AndreaJohn16 ай бұрын
I've been exploring the world of stock investing recently. There's so much information out there
@TheRick116 ай бұрын
Different stocks offer various growth potentials and risks. Some may provide steady dividends, while others focus on capital appreciation. It's essential to diversify your stock portfolio to mitigate risk.
@Muriel-11126 ай бұрын
Someone who act's fiduciary
@Muriel-11126 ай бұрын
Like CHRIS RYAN STEWART
@Thomas-ff7wn6 ай бұрын
He appears to be well-educated and well-read. I ran a GOOGLE search on his name and came across his website; thank you for sharing.
@Thomas-ff7wn6 ай бұрын
Looks efficient from what i am seeing, maybe i will send a mail to get insights
@brandonvanderkolk80646 ай бұрын
Banger dude!
@yuzaR-Data-Science6 ай бұрын
Thanks, Hamish. I love your videos generally. But I felt that this one provided even more value then usual. Keep up a great work! If I may suggest an idea, that would be: deep dive into passive investing and what's it's future? can it ever fail one day? cheers mate. have a good one!
@tadakimasu6 ай бұрын
Very nice summary Professor Hodder!
@flemmingbrooke6 ай бұрын
The whole point of wealth for me is freedom. My magic number in my mind is 5 million needed at 65 to not worry about anything. Am i better off investing a good portion of my income into stocks or saving my earnings to achieve this goal?
@Defisher6 ай бұрын
Varied sources of income is wise and especially living within your means. My net worth is $2M and I can pay my bills with no stress, but I don't live like I have that. I have no complaints.
@GeorgeNN6 ай бұрын
No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 2024.
@Patatkevin6 ай бұрын
Please how do I find and contact this financial counselor ?
@GeorgeNN6 ай бұрын
Nicole Desiree Simon deserves credit as one of the finest portfolio managers in the industry. Her reputation precedes her, and I highly recommend looking her up to locate her online if you are internet-savvy
@Donnald.6 ай бұрын
Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks.
@Jake65Kelly6 ай бұрын
Thanks again Hammish. Where does the notion of ‘taking profit’ fit? is it trading or value investing?
@harleycartley31386 ай бұрын
I follow these generally simple rules and this has worked amazing for me. Diversify, dollar or pounds cost averaging investing method, portfolio re-balance every quarter with my CFA and I have mainly an allocation fund with mix of SP500 managed ETFs/ index funds. worked out the best for me and my portfolio grew over 245% last year, just hit the 7 figure mark..Grateful to Emily Lois Parker.
@meredithelbert66086 ай бұрын
Go hard in your 20's. Your 30's+ will thank you tremendously.
@donaldlocher25376 ай бұрын
I looked up Emily Lois Parker on the internet out of curiosity; she has a strong résumé.
@robertthurmond81616 ай бұрын
Truly It's all about using assets with compound interest to amass riches.
@billcresta6 ай бұрын
did a quick search and found her webpage. I must say her resume is pretty impressive.. will be writing her too
@wattsinvesting16796 ай бұрын
Nice thumbnail Hamish!
@OMO_OBA6 ай бұрын
This video provides a comprehensive explanation for beginners on how to invest in the stock market.
@danielcutts95646 ай бұрын
Up Soreth 😎
@teamtuno5 ай бұрын
I like the content (though it's a bit basic) but I never heard answers to specifically what about 2024 will "make or break" my wealth. What did I miss?
@richardc4885 ай бұрын
Hammish I was up over 42% last year only doing US stocks
@whateverrandomnumber5 ай бұрын
18:58 Astérix! Yaaaay!
@KaiserSoze_MAR3 ай бұрын
The title should be-stock market for beginners
@waynelast16855 ай бұрын
19:57 as you have commented in other videos, the stock market increase, was mostly due to the top 10 stocks in the S&P 500, and NASDAQ. So the question is, is this going to remain true for 2024, or what will happen to the broader stock market? Are we in a tech bubble or not? That would be a good idea for a future video? I’m sure a lot of people would love to see that.
@waynelast16855 ай бұрын
18:43 what does it mean “cash” ?
@rebeccamoore83666 ай бұрын
I'm under pressure to grow my reserve that currently holds about $500k. I'm down by 20% already following the crash and I fear I could lose more.
@Patriciacraig5996 ай бұрын
I'm considering investing around $700,000 in stocks as I've learned that savvy investors can still profit during challenging times. Do you have any solid stock market strategies for this year?
@GeorgeNN6 ай бұрын
It's crucial to have a well-thought-out strategy and not make impulsive moves based on short-term market fluctuations. Patience and a long-term perspective are key. You should consider a market expert to guide you.
@sherryie26 ай бұрын
Right, a lot of folks downplay the role of advisors until being burnt by their emotions, no offense. I remember some years back, during the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. As of today, my cash reserve has yielded from $350k to nearly $1m
@Aziz__06 ай бұрын
I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advis0r? I'll be happy to use some help.
@sherryie26 ай бұрын
Nicole Desiree Simon is her name. She is regarded as a genius in her area and works for Empower Financial Services
@Aziz__06 ай бұрын
I just googled her name and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get
@user-wb4yj6sw3k6 ай бұрын
Basic
@stephenjoyce55286 ай бұрын
Can't print the handout ;((
@lukethmpsn6 ай бұрын
I think trading can work. But not for those outside of the professional trading companies. Computer trading and huge amounts of information mean regular Joe's are at a massive disadvantage. Long term growth can't be shorted away from you and is generally an easier strategy.
@DaxXx9886 ай бұрын
Stop fooling yourself and just buy the index/ETFs
@miket29166 ай бұрын
Oh, I thought it'd be keloids and clickbait titles/thumbnails
@miket29166 ай бұрын
or ASOS
@miket29166 ай бұрын
"2024 Will Make Or Break Your Wealth" really?
@timk88566 ай бұрын
What does the YT title have to do with the content of this video ..? Not really much in my view (apart of a 2min macro summary at the end)
@DaxXx9886 ай бұрын
S&P500 alone is not "US stock market"
@useyourbrain12326 ай бұрын
Put all my life saving in telsa at 100x leverage lmao, yolo😂
@christopherellis26635 ай бұрын
😂😅 sucked right in 😅
@AmandaTrivizas-ql6xe6 ай бұрын
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller
@RyanGabriel-el4gt6 ай бұрын
😱 sounds familiar, I have heard her name on several occasions.. and both her success stories in the wall Street journey!
@AmandaTrivizas-ql6xe6 ай бұрын
she's mostly on Telegrams, using the user name
@AmandaTrivizas-ql6xe6 ай бұрын
MILLER185💯.. that's it
@SuccessMikeMatthew-gw5uh6 ай бұрын
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
@b.l35884 ай бұрын
God stooooop
@a0045 ай бұрын
Man this was boring
@TheJacklance13 ай бұрын
That was very rudimentary and boring
@user-gu5hq2bs4t6 ай бұрын
❤️I will be forever grateful to you miss Charlotte Bates, I really don't know how to appreciate you, you change my life and my family situation, a huge thanks to her expert Charlotte...