Hey guys it's sasha, and today i will tell you something really important. I am going to share a tip. No, i am going to share a whole strategy for how you can get lucky with your investments, because i've been lucky with investments, a fair bit. Quite a few times, and so i thought i would tell you how you can be lucky too.

We've all seen that guy on twitter or youtube, who posted chart of how their investment has completely exploded, and we, of course, all wish that we were that guy. But you're sitting there staring your portfolio that you know isn't doing very much and you might be wondering what are you doing wrong? How can you also get lucky? Well, fear, not because i have the answer for you, i'm going to explain exactly how you can get lucky step by step. Don't worry, there's only seven steps make sure you listen all the way through the bit where you get lucky happens towards the end. Okay, i might have given it away there, but never mind.

Unfortunately, you can't just go and skip these steps, because then you won't get to the bit at the end, the bit where you actually strike. Look, let me walk you through these simple steps, one at a time. The first step on the way to being very lucky with your investments, is to learn as much as you can about the concept of investing in money. I really do mean as much as possible.

Learn the academic side of things learn different sides of investing, learn how to evaluate stocks, learn how to balance your portfolio. Economic theory learn about macroeconomic cycles, disruptive trends and read around the subject: learn about trading, even if you have no clue no idea in the world. Even if you don't want to be a trader, learn how day trading works, how swing trading works, how these people make their decisions, study, historic bubbles and how those bubbles came to be, go and read some economic textbooks. It is absolutely phenomenal how much value you can find down the local library trust me then, once you're done with that, go and learn how to build forecasting models, learn accounting principles, learn taxation and, if you're, really keen logic and game theory are amazing in helping you Understand how and why things happen in business if you're stuck for ideas, i highly recommend a book called the logic by wilfred hodges, that is my personal favorite from my entire math course at university.

All right. That is step one step two on your way to be incredibly lucky with your investing strategy is actually nothing to do with investing. Unfortunately, but you do have to do it. You have to follow this step and step two.

Is you need to learn how to make money, preferably quite a bit of money, because it kind of helps with some steps further down the line? And i know that it sounds like nonsense, because this is a course on how you can get lucky with investing and well. You know that is what will happen when you get lucky right, you will get lucky and that's how you're going to make the money? You don't want to do it in reverse, but here's a little secret if you're going to multiply something by say a hundred or a thousand the more it is that that something is that you're multiplying the more you money you will have at the point when you Strike lucky, so it pays to have quite a lot of that something before you go and multiply by a thousand. So you need to go out there and go and learn some skills. Get a job be good at that job become better than other people and get promoted a few times then go and learn.

Some more skills start a side, hustle or two, and if you work at all of that hard enough over time, you'll be able to earn a decent chunk of money. If you then also figure out how to not spend all that money, it is not as easy as it sounds. You will have a decent amount left over, and that is the amount that you will then be able to get incredibly lucky with next step. Now, you're getting much much closer to the bit.

Where luck finally strikes all you have to do for this next step is study. The stock market begin following everything. That's happening read as many different updates and pieces of news and bits of information, as you possibly can from different sources so that you can begin seeing trends and patterns and the more you read the more you take all that stuff in the more you will understand About how those patterns happen, do qualitative analysis understand exactly what each of the companies that you might be interested in does how those companies do their business, what they are doing exactly the principles according to which that product works understand who they are competing with? What the industry, where that company's operating is doing and where that industry is headed, build a robust model of how you think they. Those companies will perform commercially over the next five to ten years and then use that model.

To tell you what a fair present value of the future cash flows of that company is to get you to a target share price and keep doing that for dozens and hundreds of companies. Until you find a small handful, where your projections are showing a big enough upside and a reasonable risk tolerance around that forecast outcome, then we get to step four you go and take that money that you earned in step two see. This is why you have to follow the steps you can't just go and skip them. If you skip step two, this bit isn't going to work particularly well, so you don't take that money and you go and invest it in the companies on your short list.

You then go and buy their shares and then go back to step two to keep earning more money. As you earn more money, you can go and put that money into those companies on your shortlist month after month after month, and now we're getting really close to the bit where you actually get lucky we're at step five and step five is the monitoring and adjustment Of your investments, you need to digest everything about the companies you're investing into. You are a part owner of those companies. You need to understand everything, that's happening.

You need to know what they are doing. You need to know why they are doing it read their updates. Listen to their social media study, their quarterly earning reports, listen to what the company is saying, and you also need to keep at it with step three. You need to keep looking out for other companies looking at the market to see if other companies might also become interesting, and you need to consider if you should continue owning shares in the companies that you already do own or if your view on those companies changes Over time, and then after that, we get to step six, and this is the most boring step out of all of these.

If you thought the bit about studying, was boring or the bit where you had to spend years working to earn money, get ready for this. One, this is a massive yawn fest. You have to wait. You just have to sit there and wait day after day week after week, month after month, year after year, you just wait.

I mean you still get to do all of these previous steps that i mentioned the while you wait, but you just wait and then there will come a day a day when some news breaks or the market decides to do something. I don't know, and your investment in one of those companies goes and explodes sometimes for no apparent reason. Sometimes it'll expose very quickly just in the space of a day or two does happen. Sometimes it will gradually creep up and nobody will really notice.

But then suddenly you go and look at it and you're 100 up in your investment and now we're getting to the best bit, because this is the point when you get lucky. This is the point where your friends, relatives, people, you know, people you don't even know particularly well, will tell you they will inform you how extraordinarily lucky you are. This is the bit where you get to enjoy that amazing, completely random, based on nothing a bit of luck, because the random stock that you just happen to own a whole load of shares and, for god knows what reason for seemingly no reason whatsoever just decided to Go up 100 in a week and there wasn't any any rationale for why that might have happened, or maybe there was some minor news and the market completely overreacted or whatever, and the people you know will laugh with you about how you know. Sometimes people just get so incredibly lucky with their investments.

Isn't it amazing that sometimes this weird thing happens? Just don't make the mistake of trying to explain to those people anything about steps one through to six, because trust me, they don't actually want to know they're. Only there for step seven, you know that step where you got incredibly lucky with your investing where out of the blue, you made a whole load of money for no reason whatsoever where you get a pat on the back and the right smile that you might mistake For mocking you, but it's actually more of a humoring sort of smile where the person knows that you just got incredibly lucky, and that is why you have an investing portfolio that has a few more zeros than they do. If you enjoyed this incredibly useful tutorial, please don't forget to smash the like button for the youtube algorithm. Thank you so much for watching and as always i'll see you guys later,.

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