kmiainfo: For owners of limited savings How do you start your journey in the world of long-term investment? For owners of limited savings How do you start your journey in the world of long-term investment?

For owners of limited savings How do you start your journey in the world of long-term investment?

For owners of limited savings How do you start your journey in the world of long-term investment? If you are investing for the long term, there is nothing better than investing in stocks or real estate.  Millennialmoney  published an article under the title "Best Investment Strategies" by Grant Sabatier, in which he discussed his investment experience and the strategies he followed in successfully managing his investments until he reached $1 million in just 5 years.  And about the beginnings of investing for beginners and entrepreneurs, Sabatier says, there are many readers who ask what should be done to invest if they have a thousand, 5 thousand or 10 thousand dollars, and these ideas all apply to them, but it should be noted first that you do not have to have a lot of money to start investing You can start investing your little surplus or if you have an extra $100 to invest, you can start today!  You can start stock trading on a large inexpensive platform, Ally Invest, for $4.95 with no account minimum. Mutual funds are priced on a per trade basis at $9.95.  I don't invest in anything I don't understand According to the author, there is a big difference between long-term investment and short-term investment. Many people do not invest in stocks because they are afraid of losing money in the short term; Which is really important, only if you need the money in the short term. But if you're investing for the long term, the writer says he doesn't know a better investment than stocks or real estate in this case.  Sure, stocks can go down, but over the long run - a 10-year period - they always rise at least 7% a year, when gains and losses are averaged. Below is an explanation of how you can invest in the long and short term.  Long Term Investment Strategy (10 Years) “I manage 100% of my long-term investments and still follow my daily investing habits, I put money in my investment accounts every morning when I drink coffee; I don't work with any kind of financial advisor or company,” says Sabatier. It's actually very easy to do it yourself with a little reading, in most cases, one of the reasons people get poor investment returns is that they get emotional. This is one of the primary benefits of working with a financial advisor, as it can help you control your emotions.  In turn, you can also educate yourself by reading investment books and blogs.  If you have the ability to read one book on investing, this is my favorite book, The Coffee Shop Investor: How to Build Wealth, Ignore Wall Street, and Get on with Your Life.  Once you understand how investing and opportunity work and how to reduce your risk, it helps to eliminate emotion investing.  long-term investments Sabatier puts about 80% of his investments in local index funds, and 20% in international ones; “I am very invested in stocks for the long term,” he says. “The best thing about keeping money in index funds, is that I don't have to worry about them, and they are low tax because there is little trading in them. Every dollar I invested when I started my financial independence journey in 2010 is worth more today. from $3.  As for 20% of his investments in the long term, it is in individual stocks that he plans to run in the long term, such as Amazon, Apple, and Facebook. He explains, "I invest in companies I use and believe in. I buy; I buy, but I don't sell shares often because I want to minimize my taxes, and if you invest for at least a year it's only subject to capital gains tax Which is about 15-20%. Sabatier stresses that he does not trade daily today or recommend that anyone trade daily; This, in his opinion, is very emotional and risky. It also takes a lot of time and most people lose money during this decision. Accordingly, he sees that day trading is in fact one of his biggest financial mistakes.  Investing in real estate In his article, Sabatier explained that he invests 5% in physical real estate and REITs. He plans to continue investing at least 5% of his portfolio in real estate and start exploring investing in multi-unit buildings, but finding a deal is difficult and this type of investment comes with a lot of trouble.  The more money you earn, the more important diversification becomes, as long as you don't want to put too much of your money into one type of investment.  Short term investment strategy (1-5 years) Sabatier does not welcome short-term investments, saying, "I don't have anything to save in the short term."  But, if you want to save for a vacation, buy a house or a car, or make an investment in the next 1-5 years, Sabatier doesn't recommend that you "put 90% or more of your money into stocks like I did, that's probably risky." risk because stocks can go up and down significantly over any short-term period”; The last thing you want is for your investment to deteriorate by 20% before you find the perfect home or are ready to take that vacation.  So, for short-term investing, Sabatier recommends keeping the money in a bond fund such as a stock market index fund or a "certificate of deposit" (CD) at your local bank. These two options are definitely better than keeping your money in a 0.1% savings account, as you will lose money due to inflation.  The writer added that following this investment strategy and managing his investments himself were key factors in helping him reach $1 million in 5 years. His investments have continued to grow, and he is still benefiting from the doubling of the funds that he started investing in in 2010.  Finally, Sabatier stresses that he is not a financial advisor and that any investment is risky, but he hopes his advice will help beginners in the investment field, the journey to financial independence and beyond

If you are investing for the long term, there is nothing better than investing in stocks or real estate.

Millennialmoney  published an article under the title "Best Investment Strategies" by Grant Sabatier, in which he discussed his investment experience and the strategies he followed in successfully managing his investments until he reached $1 million in just 5 years.

And about the beginnings of investing for beginners and entrepreneurs, Sabatier says, there are many readers who ask what should be done to invest if they have a thousand, 5 thousand or 10 thousand dollars, and these ideas all apply to them, but it should be noted first that you do not have to have a lot of money to start investing You can start investing your little surplus or if you have an extra $100 to invest, you can start today!

You can start stock trading on a large inexpensive platform, Ally Invest, for $4.95 with no account minimum. Mutual funds are priced on a per trade basis at $9.95.

I don't invest in anything I don't understand
According to the author, there is a big difference between long-term investment and short-term investment. Many people do not invest in stocks because they are afraid of losing money in the short term; Which is really important, only if you need the money in the short term. But if you're investing for the long term, the writer says he doesn't know a better investment than stocks or real estate in this case.

Sure, stocks can go down, but over the long run - a 10-year period - they always rise at least 7% a year, when gains and losses are averaged. Below is an explanation of how you can invest in the long and short term.

Long Term Investment Strategy (10 Years)
“I manage 100% of my long-term investments and still follow my daily investing habits, I put money in my investment accounts every morning when I drink coffee; I don't work with any kind of financial advisor or company,” says Sabatier. It's actually very easy to do it yourself with a little reading, in most cases, one of the reasons people get poor investment returns is that they get emotional. This is one of the primary benefits of working with a financial advisor, as it can help you control your emotions.

In turn, you can also educate yourself by reading investment books and blogs.

If you have the ability to read one book on investing, this is my favorite book, The Coffee Shop Investor: How to Build Wealth, Ignore Wall Street, and Get on with Your Life.

Once you understand how investing and opportunity work and how to reduce your risk, it helps to eliminate emotion investing.

long-term investments
Sabatier puts about 80% of his investments in local index funds, and 20% in international ones; “I am very invested in stocks for the long term,” he says. “The best thing about keeping money in index funds, is that I don't have to worry about them, and they are low tax because there is little trading in them. Every dollar I invested when I started my financial independence journey in 2010 is worth more today. from $3.

As for 20% of his investments in the long term, it is in individual stocks that he plans to run in the long term, such as Amazon, Apple, and Facebook. He explains, "I invest in companies I use and believe in. I buy; I buy, but I don't sell shares often because I want to minimize my taxes, and if you invest for at least a year it's only subject to capital gains tax Which is about 15-20%. Sabatier stresses that he does not trade daily today or recommend that anyone trade daily; This, in his opinion, is very emotional and risky. It also takes a lot of time and most people lose money during this decision. Accordingly, he sees that day trading is in fact one of his biggest financial mistakes.

Investing in real estate
In his article, Sabatier explained that he invests 5% in physical real estate and REITs. He plans to continue investing at least 5% of his portfolio in real estate and start exploring investing in multi-unit buildings, but finding a deal is difficult and this type of investment comes with a lot of trouble.

The more money you earn, the more important diversification becomes, as long as you don't want to put too much of your money into one type of investment.

Short term investment strategy (1-5 years)
Sabatier does not welcome short-term investments, saying, "I don't have anything to save in the short term."

But, if you want to save for a vacation, buy a house or a car, or make an investment in the next 1-5 years, Sabatier doesn't recommend that you "put 90% or more of your money into stocks like I did, that's probably risky." risk because stocks can go up and down significantly over any short-term period”; The last thing you want is for your investment to deteriorate by 20% before you find the perfect home or are ready to take that vacation.

So, for short-term investing, Sabatier recommends keeping the money in a bond fund such as a stock market index fund or a "certificate of deposit" (CD) at your local bank. These two options are definitely better than keeping your money in a 0.1% savings account, as you will lose money due to inflation.

The writer added that following this investment strategy and managing his investments himself were key factors in helping him reach $1 million in 5 years. His investments have continued to grow, and he is still benefiting from the doubling of the funds that he started investing in in 2010.

Finally, Sabatier stresses that he is not a financial advisor and that any investment is risky, but he hopes his advice will help beginners in the investment field, the journey to financial independence and beyond

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