Hellow guys, Welcome to my website, and you are watching Top 10 Investing Mistakes You NEED TO AVOID. and this vIdeo is uploaded by Danny Sully at 2023-11-05T10:43:04-08:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | Top 10 Investing Mistakes You NEED TO AVOID |
| Video Uploader | Video From Danny Sully |
| Upload Date | This Video Uploaded At 05-11-2023 18:43:04 |
| Video Discription | Awareness plays a crucial role in managing your money effectively and achieving financial success. In this video, I provide you the Top 10 Investing Mistakes You NEED TO AVOID to improve your financial knowledge. In less than 20 minutes, the values you'll learn in this video could potentially save you hundreds of thousands of dollars! - Enjoy! Free Investing For Beginners Guide: https://dannysully.link/Investing101 Sign Up Bonus Offers: 💎 SoFi High Yield Savings Account ($325 Cash Bonus): https://dannysully.link/SoFi 📈 Get $60+ Free Stock on Webull: https://dannysully.link/Webull 📊 Get $100 Free Stock on M1 Finance (Min. Deposit: $10,000): https://dannysully.link/M1Finance 💰 Get $200 Bonus on Coinbase: https://dannysully.link/Coinbase Resources: 🗞️ My Newsletter: https://dannysully.link/Newsletter 🐦 Twitter - https://twitter.com/DannySully_ 📝 LinkedIn - https://www.linkedin.com/in/danny-sully 🌐 My Website - https://www.dannysully.com/ 📚 Recommended Books - https://dannysully.link/Books 📸 My Recording Equipment - https://dannysully.link/YouTubeSetup ✅ My Exclusive 1:1 Growth Coaching: https://www.dannysully.com/sullygrowthcoaching 🎥 Relevant YouTube Videos 🎥 https://youtu.be/8gP3OKtiwc0 https://youtu.be/c6PYuGZ8-dc https://youtu.be/mfku1XsOClc https://youtu.be/L1rVeu-uqv4 https://youtu.be/UCjP87-u74Q https://youtu.be/jQkFOJ5jvaw ⏰ Timestamps ⏰ 00:00 Intro 00:19 No Emergency Fund 01:46 Not Investing 03:03 The Waiting Game 04:40 Timing The Market 06:15 Portfolio Allocation 09:43 Tax Considerations 12:57 Not Planning Ahead 13:47 Lack Of Discipline 15:30 Following The Hype 16:31 Excessive Fees 19:02 Conclusion Key Takeaways: 1. No Emergency Fund: An emergency fund acts as a safety net, ensuring quick access to cash when needed. Without it, selling investments prematurely can harm long-term financial goals. 2. Not Investing: The significance of getting started with investing, even with a small amount, you can set your money to work and benefit from the power of compound interest. 3. The Waiting Game: Waiting too long before starting your investment journey can have a negative impact on your financial future. 4. Timing The Market: Attempting to time the market is discouraged, as it's challenging even for professionals. 5. Bad Portfolio Allocation: Diversification is essential, and putting too much of your investments into one stock or sector can be risky. Maintain a well-balanced and diversified portfolio to reduce the potential for significant losses. 6. Tax Considerations: Managing taxes is a crucial aspect of investing. Capital gains, dividends, and many other concepts to know. 7. Not Planning Ahead: Essential for assessing your financial position, setting savings goals, and ensuring you don't make impulsive decisions. Having a well-thought-out financial plan helps you stay the course even in turbulent times. 8. Lack of Discipline: Discipline is key to enduring the inevitable ups and downs of the market. 9. Following Hype: Avoid following hype and making emotional decisions. Research thoroughly and understand what you're investing in before buying into the hype of quick gains. 10. Excessive Fees: Excessive fees can significantly reduce your potential returns, so it's essential to be aware of and minimize these costs. 🔔 Don't forget to subscribe with notifications on and hit that like button! Some of the links in this description are affiliate links that I get a commission from. Any commission helps support my channel and I would greatly appreciate it! Disclaimer: This content is for entertainment purposes only. The information provided in this video does not, and is not intended to, constitute legal, tax or financial advice; instead, all information, content, and materials available on this video and on this channel are for general informational purposes only. The presenter is not an attorney, accountant or financial advisor. Viewers of this video should contact their attorney, accountant or financial advisor to obtain advice with respect to any particular legal, tax or financial matter. |
| Category | Education |
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