HOW TO INVEST YOUR MONEY IN YOUR 20’s?
Stock Investing for the busy: https://youtu.be/L_WPmbPNxt4
In this video we flip the switch as we have one of our Youtube subscribers, Bea Dela Torre, ask me questions on investing. If you are GEN Z or you are young right now and want to start investing early, this video is for you! To invest in US stocks - https://etoro.tw/2Xcv830
Please do remember not to buy or sell a stock just because it is talked about in Youtube you need to form that opinion on your own and you need to make your own due diligence when you buy, sell or hold the stock. This video is for information purposes only.
To invest in US stocks - https://etoro.tw/2Xcv830
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Millionaire—a title you may have imagined while picturing a seven-figure bank balance. One can dream, right? Actually, getting there is easier than it sounds. In fact, reaching the seven-figure mark is becoming the rule rather than the exception.
There are more millionaires nowadays than before because getting there has become easier. Money is everywhere. You just need to know where to look and, more importantly, know what to do when you find it.
Before anything, ask yourself “How rich am I?” You might be richer than you think! Try this: Visit Globalrichlist.com and enter your annual net income to compare yourself with the rest of the world. If you make P15,000 a month, you’re already in the top 16% of world population by income! That number could be a lot smaller if you follow these tips:
Stop checking lottery numbers and start looking at numbers that matter. Super-charge your financial knowledge by reading the Finance section of the newspaper (or by reading blog posts that tell you to do so). Being informed is the first step to making sound financial decisions.
In the age of the Internet, money can come from unexpected sources. If you’re good at something—whether it’s a hobby, a passion of yours, or basically anything you like to do all day—never do it for free because there might be a way to make money from it.
From writing essays and blogs, painting, playing video games, having other people watch you play video games, to even having other people watch you eat dinner, the opportunities are there. Remember that as long as there’s demand, there’s money to be made.
Don’t be that guy.
If you have a fantastic product or idea, saying no (to selling out) can increase the value of your intellectual property. Know what you’re worth and say no–chances are, your potential buyers will be back with a bigger check.
The same logic goes for those applying for a job. Do not settle for an initial offer. Leverage your skills and experience for a number you deserve.
Investing is the holy grail of making millions (if not billions) so make good investments while you’re young. There are many ways you can invest your money but remember this time-tested adage: It’s time in the market, not timing in the market. Considering the current inflation situation, holding large amounts of idle cash is almost just as bad as losing some of it.
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