So let's talk about long-term investing now. Long-term investing is actually very, very straightforward. Very simple. But it doesn't mean that it's easy.

In fact, it is very, very hard. Same thing as weight loss. You're trying to lose weight. All you got to do is a few simple things.

Caloric deficit brings out the water, sleeps lots of time, and basically works out person. Does that get success? Loses weight? But is it simple to do? Is it easy to do? No, it's very complicated. Most people struggle with it. Trust me.

I know firsthand Now as far as long-term investing goes, there's seven keys to success as a long-term investor. And this isn't the fluff that you hear on all these clips channels all this generic stuff. This is actual advice that we teach on our Patreon Group so you can check it out. The link is below.

it's Patreon.com Nash Check it out! So the stuff that we are talking about in this video are actually actual advice. and I Want to start first. Have a Discord messenger from a community. So um, the first thing I want to talk about is a few things that as a long-term resistor, you should never do and people have a tendency to fall into these bad habits.

Now, years ago I had a friend who should not be named, but one of my closest friends. He had a bad crazy ex who he is no longer with and she would just do the randomness crazy stuff she would come up with crazy demands. One day she'll be up, One day she would be down. She terrorized the hell out of this poor dude and to all of us in our little group of friends, it was clear that she's batshit crazy and she's doing nothing but theorizing this poor dude and there's no fault of his own, so to speak, right? But this guy kept making excuses and kept trying to find a way to rationalize that lady crazy behavior because he was trying to figure out irrational and logic in this sea of Madness that was that chick.

Now eventually obviously he figured it out and he, you know, broke up with her. But I see a lot of investors trying to rationalize crazy markets like we're seeing right now. For example, the AI hype and video. All the stuff and there's no rationale.

It's very, very simple. The stock market can remain batshit crazy longer than any of you can stay solvent, and that's something you should never forget. Now, over complicating simple is the way people get in trouble in the stock market. and I want to apologize for my rough language and this video is not for kids.

but this is a very serious matter and I'm very passionate about it and I don't want you to lose your money. so I'm I'm going to be using some foul language and if you're not cool with that, that's fine. leave. But that's the way I handle business for things I care about now.

This is the simple philosophy you have to follow as a long-term investor. Let me just mute that real quick. Number One: Do Not rush into anything. Build your position in any company you desire.

Over time. There's many, many, many many many many potential opportunities in the stock market. There's lots of great companies to invest in. There is no reason for you to chase anything.

There's not a single good company. You cannot build a position over the course of three to four years. You should do it slowly over time by dollar cost averaging. Taking advantage of red days when people are fearful.

Remember what Warren Buffett said when everybody's fearful I'm greedy When you take advantage of red days and you increase your position through dollar cost averaging In good companies, That is how you build a position. You never buy into a stock, just lump sum the whole thing in one basically day. It doesn't work this way. Patience building your position piecemeal every little time, over time.

That's the way you do it because rushing into things is a bad idea. Now the second thing I want to talk about is not investing money you cannot afford to lose. That's another common mistake because people feel all this fear out of missing out. They want to be a part of the celebration.

especially now. like with the Hype is Back On AI and Growth and Video and volunteer. They all want to be a part of this, but they end up gambling their money that they can't afford to lose and then it becomes a very emotional process. If you're putting money that's supposed to go to your rent, to your food, to your existence and the stock takes a huge dip, then you pretty much screwed.

There's no way you can generate liquidity without taking a massive head. Now when you're investing money that essentially free cash flow for you money that was supposed to just be in the bank extra money, then you get to be patient with that money because you don't need it tomorrow or in a month or in a week. You get to stay in good companies through the good times and the bad times. Same thing can happen to women palantir when I started investing in and it kept on buying when it went up and it kept on buying when it went down.

I Had zero urge to sell it when it was seven dollars. I'm not pressed for this money. This isn't the money. I cannot afford to lose with any investment.

You have to put that in your brain that whatever happens, this stock and any stock can go to zero and if that happens, that shouldn't affect your life. If you can't afford to have that mentality, don't invest Number three. Plan for the long term. Whether you're 20 or 30, 40, or 50, it doesn't matter, even for you younger kids.

Let's say you're 30 right now. That means you still got another 50 years to go. And out of those 50 years, most likely 20 years, you're going to be retired with no income. So for that 20 years of retirement that's coming up, whatever your current age is 20, 30, 40, you got to create.

Nest Egg That's worthwhile for you to sustain yourself for two decades on it without any other income that has nothing to do with forwarding into companies we're trading with. basically swinging. All this stuff is nonsense. The only way to build that generational pension plan for you to sustain yourself for 20 years is by long-term investing into good companies.

And that brings me to rule Number four: Only invest in good companies, Not high When you invest in good businesses with good management with good margins with pricing power, with a good balance sheet with not a lot of debt, with a lot of cash, companies that know what they're doing, in an industry that has a future when you've done your homework. that gives you an extra Advantage Because when that stock gets mispriced by an irrational Market that works on 6 to 12 months increments, you get to stay in and basically relax, drink your you know my time, the beach and just chill and wait it out. Exactly it can happen with Palantir now. Number five, Stay the course, keep on buying.

Now. Look, there's this very famous study that was done. Three types of investors uh, 2000, 2008 and 2020. three basically Market crashes and these three investors all invested a hundred dollars each month starting from 1999.

now one investor would stop putting in money whenever the stock went 10 below the previous all-time high, the second investor would put in a hundred dollars no matter what, and the third investor would double down and put two hundred dollars a month whenever the stock or you know, the S P 500 went below the all-time high by 10 or more. and he would only start reinvesting a hundred only when the stock market in this case this would be funded went up back to the all-time high. So essentially this was the perfect implementation of the bloodbath. Theory right? Warren Buffett Whenever everybody is fearful, I'm greedy.

So out of these three investors, the one that was double down what the market went 10 below the all-time high the previous all-time high, this guy did a whopping 225 in 20 years, the second guy who just kept investing a hundred dollars no matter what, just ignored everything, did 192 very close, and the third guy who only invested when the stock market went above the minus 10 of the previous all-time high. the cautious guy he did only 123 over the course of 20 years. So you see what I'm talking about. all the stuff.

It's absolutely meaningless. You have to keep investing in the companies you believe in at all times, and whenever they sell off, you double down. and right now for example, everybody's hyped about Ai and video all this stuff. People are dumping dividend stocks, value stocks.

This is where the the value is right now. This is the missed price stuff that people you know, people hating on this stuff. This is where you find the golden nuggets, the gems Now Number six: If you missed the boat on a certain stock, let's say in Nvidia Forget about it. Don't try to bounce into a trade that went parabolic into a crowded drain.

You're gonna get your woo-woo slammed in. The Mousetrap Number Seven Chase Your own Goals Set up your own goals. What is my goal? How much money I Need for retirement? Set that as your plan. Chase that.

Forget what the market is doing, Forget what YouTubers are saying. Forget what your friends are making Chase Your own goals. Compare yourself to yourself and that's the only thing you need to be considering. How do I get to my retirement plan.

That's it. Whether you're making 10 or 15, the market is going crazy. Forget about it. Focus on yourself.

now. before I Let you guys go. If you want to learn more about our investing strategy long-term investing, join our Patreon community. The link is going to be below: Payton Dot Com slash Tom Nash It's five bucks per month.

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