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Today subscribers thank you so much for joining me today i am jeremy this is a financial education channel and today we’re talking about 10 things that i would tell anybody looking into starting to invest in the stock market a beginner in the stock market someone that’s thinking and i really kind of want to invest in stocks i kind of want to start making my money
Into money what are the 10 things i would tell them it in basically the most important order possible so they were talking about that guys let’s just go ahead and get right into this leave a thumbs up if you enjoy this video today let’s get into it so number one thing i would tell someone that’s looking into investing in stock market be prepared for your perception
Of the world to change because your perception of the world will for sure change once you begin looking into the stock market once you become an actual stock market investor when you walk into a store it’s not going to be like when you used to walk into a store because you’re going to start looking at products and thinking man is that a good investment right invest
In that and start thinking old man that company over there they’re in trouble there there are financial struggles right now oh that company wow look at the way their products moving maybe i should look into them your entire perception of the world changes the way you look at marketing oh look at that sign over there you know they’re trying to get people to buy that
New product a launch your entire perception in the world it really changes and it really opens up your mind to a lot of stuff that’s going on now you might have never even realized guys so once you actually become a stock market investor i start looking into in these kinds of things your perception of the world will change i have 100% guarantee you i can tell
You know personally from my standpoint it changed big time my perception and the way it opened up my mind it was incredible so be prepared for your perception of change in the world because it absolutely will it absolutely will number two only get involved with the stock market if you have very high confidence in yourself if you have low self-esteem if you have
Low confidence in yourself don’t even mess with stock market investing stock market investing you need very high confidence guys because there’s going to be a lot of things said about your your potential investment or your current investments that are not going to probably be good things that are cut maybe negative things said by somebody or whatnot you need to
Have i so confidence in yourself they use those kind of things that have said don’t really affect you because you’re so you’re so high on your self-confidence so for me personally i had really high so pump this because i come from a sports world in the sports world you gotta have confidence you’re never going to make it i mean be honest and track and football and
Whatnot you got to have super high d confidence you got to be borderline cocky to to succeed in those pick a sport if your walk around low cost with confidence and those type of course you never could be anything so you’ve got to find a way and i can’t really tell you how to get confidence in yourself i can’t tell you because i don’t really know i think it’s just
Trying things over the course your life and kind of building your confidence slowly but surely and then having it torn down a little bit then building it back up those kinds of things but you’ve gotta have confidence in yourself it’s not going to work if you don’t have confidence in yourself and your your investment ability to pick stocks number three understand
Some people are going to be rooting against your stock i was very naive when i got into the market i thought you invest in a stock and everybody’s going to be rooting for that you know everybody wants it to go up oh and everybody’s gonna cheer for you that’s not the way it works there’s gonna be a lot of people who want you to lose money and who want you to lose
Lose the value of your stock you invest in the reason being is one you’re gonna have short sellers out there that’s that’s number one thing you have people that are actually shorting that stock or buying short-term puts that are basically hoping that stock goes down over time so that that’s a huge thing that i was kind of naive to when i first started investing i
Was like family why do people being so mean about my stock here they’re they’re rooting for it to go down because there’s a short seller they’re hoping that stock goes down they’re basically placing money that that stocks going to go down and if that stock starts i really go up they’re going to lose a massive amount of money if they don’t cover so understand that
Also understand your company is probably a competitor other people’s company so you gotta you going to be ready that man the stock i’m investing in that’s probably a competitor of this company which so is those invested in so they don’t really want my stock to do to do good because they want their stock to do good because they’re a competitor so they don’t want to
Lose market share in some of those things so be ready that people are going to be rooting that’s your stock i’ve been in bowl with a lot of companies over the course of my eight nine years of investing that were high short seller companies meaning you know they had twenty thirty percent of the shares outstanding we’re actually short sold so i’ve been involved with a
Lot of companies a current one i’m involved with this gopro got a ton of short dollars in that stock it’s one of the most highly shorted stocks out there so i know i’m gonna always have people come on these videos you know saying stuff about gopro and you know hoping that it goes down and calling me an idiot for being in and those kinds of things i but i understand
That i realize that’s part of the process same thing with message goers or you know those kinds of things guys be prepared be ready people are going to be rooting against your stock just just be mentally prepared for that number four if your passion if you’re not passionate about investing then don’t don’t mess with it oh hell because investing and successfully
Investing your money in picking stocks stock clicking particularly if it’s a lot of freaking work guys because you’re going to search through so many companies that you’re never going to stick money you’re going to read the 10k the annual report you’re going to read the 10 q’s the quarterly report you’re going to look into financials you’re going to google things
About that business all to probably not even investment i can tell you for every i would say 50 to 100 companies i look into i invested in one so i’m going to actually look into 50 to 100 stocks to find one stock i actually invest in so understand it’s a lot of work in if you’re not passionate about it don’t mess with it because you’re just going to you’re you’re
Not going to end up doing the work basically you’ll start sticking money in stocks that you haven’t really done the work on to really see the vision and see where things are going with that business long term so don’t mess with stocks if you’re not passionate about it’s really going to be passionate you’ve got to really want to do it you’re going to really want
To be that person that reads the 10 kings like i do or the 10 q’s or or watch conferences with ceos and listen at conference calls and all those kinds of things you got to actually like that stuff otherwise it’s going to be very hard to be a successful investor i guarantee you that number five don’t go all-in so say you’ve got $10,000 $20,000 to invest don’t just
Stick that money and all right off the bat i actually have a video coming out probably next week on how to invest $10,000 and how i go about it if i’m a beginner but basically and i’ll go to kind of go win to it in that video on on how i would break the money down and what not but don’t just push all the money out there right away okay a research sock i know my
Stock so i’m gonna invest at all this week i’m the best fall by ten twenty thousand fifty thousand dollars a hundred thousand however much money you have don’t just pull on money out there go slowly but surely guys don’t don’t just stick all the money out there because who knows what that investment you’re in or the couple investments you pick there who knows that
Those are even the best ones you you they mention see the first one you came across and you don’t even realize those aren’t the best ones you could be in so don’t just throw money out there guys don’t go online right off the bat number six only invest in companies that you fully understand this is another big one i see so many times when people will invest in a
Company and they’re not even they don’t even fully understand the company they’ll even fully understand the product roadmap they don’t even fully on the same when the company gets most of this money bra and i’m like what are you doing next stock if you don’t even know they get seventy percent of their revenue from this product or this service what are you doing
Neck about that company if you don’t even realize that you know that that product they we’re supposed to have launched to doing and get launched you know and you don’t even realize that product in you get launched so you’ve got to absolutely fully understand where the company is money how the business is going to succeed over the long term in all those kinds of
Things if you don’t fully understand that and comprehended don’t mess with stocks because it’s just going to be bad if things start to go bad and then you’re like wait i don’t even understand the stock to begin with what am i doing in it so i seen this so many times where people will do that guy’s fully understand the company then invest in it and tell you fully
Understand it don’t mess with it number seven here guys take a basic take basic accounting courses at your local community college or wherever or basically self teach yourself accounting if you’re the type of person that can sell teach and you can self learn about accounting it is absolutely vital as an investor in stock market or basically any investor really
To understand financial statements to understand an income statement and a balance sheet specifically cash flow is kind of important too but mainly income statements mainly balance sheet if you don’t understand an income statement very well you don’t balance sheet is going to hurt you as an investor those are things you have to understand if you understand a balance
Sheet how are you supposed to know what type of financial security that company has worth they come on crawl across trouble and if you don’t really understand a balance sheet how you supposed to be culprit of a company’s having to go bankrupt or those kinds of things you don’t really understand an income statement how are you supposed to know you know where companies
Get losing all kind of money are they spending a ton of money on marketing and this or that so absolutely i would highly recommend anyone that’s looking and investing in stock market take some courses at your local community college on accounting and really understand accounting it doesn’t have to be high level stuff just counting one two accounting three four
That’s fine and if you’re a person that can still teach yourself then buy some accounting books and still teach yourself that way that’s fine as well so but it’s key understand financial statements if you can’t understand financial statements what are you doing in a stock market is not the place for you number eight here guys don’t worry too much about macro ii
Cannot another huge thing so some people always like worry about a macroeconomic whose economy might go into trouble and this not yet economy my always go into trouble is no time ever the economy is in the clear and everything’s going to be perfect and la la vida it’s never going to happen there’s always going to be macroeconomic risk there’s always in the risk of
The world it’s only going to be rest of the terrorist attacks there’s always going to be risk out there of some type of viral disease coming out there’s always always always going to be huge risk so don’t worry about macroeconomics and worry about all these things because every why she’ll just never end up investing because there’s always so much freaking garbage
To worry about if you’re the tech person is always worried about this stuff to stick money under your pillow or in your mattress or whatever in a cd account so be prepared because anything can happen at any time guys in the economy anything could affecting so if you’re worried about macroeconomics then you’re never going to end up investing don’t worry about that
Stuff unless you’re 100% certain or like 99% certain that oh my gosh we’re about to go on a recession or something and you pull my stuff unless you’re like that confident in it don’t don’t stay up at night worrying about these type of things because all it is is some stuff for the media to talk about and they get you all going even more oh my gosh huh give me
A break guys number nine don’t diversify too much in my opinion i’ve only ever invested in the mess of five to six stocks all these people that think all you need own twenty thirty forty stock is just like no no no no because okay how are you supposed to be even close to as confident and understanding and as confident in stock number twenty four as you are stock
Number one or stock number twenty eight as your stock number three how are you supposed to know as much about that stock and be as confident neste as this cost way up here you’re not so stick your money in the five or six best stocks you know the five or six stocks you know the best thing you’re most confident they’re gonna succeed over the long term in stick to
Those don’t mess around with you know investing in all these companies that you know you might not understand as much or may not succeed those kind of things i think it’s idiotic to basically i think it’s a really bad move to put a ton of money in a ton of different stocks it really do guys some people have portfolios of thirty forty stocks and i’m like just invest
In an index fund or something at that point is no point in investing that money stock pick two five six step hmm i would say maximum maximum ten personally i go five or six the most ever maximum ten and and stick with those invest in those and try to find new ones and deplete the the old ones you want to get out don’t mess with twenty thirty forty stocks it’s just
It’s just ridiculous in my opinion and the last one here is number ten think with what works don’t focus on short-term crack unless you’re a short term is investor and you have a plan on how you’re going to do that then you then go ahead and focus on that but for my style i’m a long-term investor so i need to focus on long term investing they stick with what got
Me to where got me whereas in 2014 i actually began to make a huge mistake what i began to do is i began to in some of you guys may know the story i began to margin on a margin account i began to try to place short-term profits like things where i would try to play an earnings so i six fifty thousand one hundred thousand in a stock and basically play that stock
And hope they had great earnings or because i had insight well sometimes guess what happened even if that company did have great earnings and i was right and most the time i was right sometimes the stock still went down because of guidance because something management said or some of those kind of things and i would lose huge sums of money you know talking ten
$20,000 loss at a time sometimes i would make money but i lost more than i gained and and then i kind of came to my width in 2015 and i was like what the hell am i doing i’m not sticking with what got me to where it got me i’m trying to focus your term on profit making trying to make a quick buck here and there instead of focusing on what got me to the level it
Got me which is long-term investing and company looking at one three years out and focusing that not focusing on quarterly earnings report not focusing on on some news that might come out or something like that so stick with what got you to where it got you so if you have a success in the market stick with that plan and don’t go altering it especially me as a
Long-term investor start focusing short term and trying to make short-term profit is a really dumb thing it was really immature and and i’m so glad i woke up it was like what the hell am i doing doing this i’m losing money and it’s not not what eating got me to this place where i have the ability to do this in the first place so stick with what works for me long
Term investing works for most of you guys i highly suggest that i think the best way you can invest money out there and it’s not even close guys so thank you for watching this today i hope these ten tips help you immensely if you’re beginner in the stock market or if you’re someone at the moderate investment i just need to be reminded of these tips and things like
That i hope you guys enjoyed it today if you just came across this video i’m not subscribed yet you may want and we talk personal finance material and talk entrepreneurship i’m a business owner i will wet out of my business tips we also talked the stock market the most in this channel thank you for watching guys and have a great day
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10 things I tell Beginners in the Stock Market By Financial Education
