What do you look for in a stock when you're investing like where where's like a good stepping stone where i could start off for like for teenagers? Why did you want to become a millionaire? What do you suggest investing in what would be your best advice? To start learning how to invest hi guys, it's mark so a little while ago, i posted a video all about how i would go from zero back to being a millionaire and you've been loving it. But one of the big questions i keep getting asked is how you can start investing in a stock market, because that was one of the big parts of the video, and you know what i understand. This could be a really confusing subject, because you've got people telling where you should invest and where you shouldn't, invest and it's hard to know who's, legit and who's. Just trying to sell you an online call.

So my main aim for this video is to give you the information i wish i had when i was young and cut through all the fluff that's online, so i've set up a discord and you're going to be able to call me with your questions. So i'm going to condense this right down to a 13 point plan, so hopefully you can turn your thousand dollars into ten thousand dollars and we're going to end with one of the most common mistakes. You must avoid, as always, remember i'm a businessman, not a financial advisor, so i do recommend you do your own research as well. So let's dive straight into your questions, but i'm not really too sure where to start.

Do you think you should help me? Have you got yourself a backup fund sorted i've tried to save a bit, but no, not really oh! Well, that's obviously going to be your main one really before you really look at investing. You've got to get yourself a little bit of a backup fund behind you, because if you haven't got that, then you know, i would always say: you've not got any money to to lose. If you're earning a small amount of money, just make sure you put a bit of that away each week and my advice normally is: you know, stick away around about four to five months worth of salary. If you can once you've got that behind you, then you can start the investment route in the stock market.

What do you, what do you suggest investing in? Well to be honest, there's about three main investment strategies and really it's all about out of those three? What suits you the best, there's technical analysis, which is more of a day, trader sort of way of doing stocks and shares. You can look at a screen like this and you're, watching all the peaks and trough on a day-to-day basis. Then you've got fundamental analysis and that's when you look into the whole of the business, you know have a good look at their balance sheets as well, because at the end of the day you know that company's got to be making money. Then you've got your passive investments and your passive investments, i think, are great because you haven't got to spend too much personal time on it like where where's like a good stepping stone where i could start off for, like for teenagers.

Well i'll be looking to start a simple three fund portfolio made up of index funds. An index fund boiled down to the simplest way. I can put it it's a massive basket and in that basket you've got loads and loads and loads and loads of different companies, and by investing in that basket of companies or index, you have a share in each and every one of those companies. So if one goes down, the other they've still got the others to rely.

Exactly that i mean the downside. Is that, obviously, if one business goes sky high, you don't get that sky highness, but the upside of it is if one of them falls out and goes bankrupt, you don't get the down of that. It all balances out across the board. Just to give you some specifics, these are three of the most popular index funds, the vt sac, which is a vanguard, total stock market, vt iac, which is an international index fund and vbtlx, which is a total bond market index fund.

Now, generally speaking, i would say you're better off the younger. You are to mostly go into the usa fund and some international and less of the bonds. But as you become older and more mature, then you can drop out of the slightly more risky funds and go more for the bonds because they are seen as a much safer, more stable and less volatile way of investing inspiration. And if you like, the youtube videos.

What should you do like in subs? Why did you want to become a millionaire? A millionaire is a different thing to different people. Some people like to see you know flashy cars and flashy this and that i'm not one for flexing. That's not me. I just like to have enough money that you know my family's secure and i can do the things that i want to do.

You know having money, makes opportunities for you and that's what life's all about so you can enjoy opportunities and it also buys you time as well, because realistically, that's the hardest thing to get. I want to know what would be your best advice to start learning uh how to invest well, i'd recommend you buy two books, there's two really good books out there, the intelligent investor and the little book of common sense, investing they're, both great books. You can read them once twice three times i'll leave a link below where you can pick up a couple of audio books. So, even if you haven't got time to read, you certainly got time to listen to them.

Do you think it would like uh collapse in the future? Because, like you see all these stocks going up and up, you know, warren buffett always says the recession's, where he makes most of his money, because when everyone's selling and getting rid of their shares he's getting greedy and buying them all because you'll never get them at A better price, so all those new investors out there is really important. It's all about time in the market, not timing in the market, there are two types of market going on out there. A bull market means the market as a general is on the rise. A bear market is where the market is on the decline, but the good thing about a bear market in the us.

It's always been followed by a bull market. I like to invest for a long period of time, and the good thing about that is, you can take advantage of dollar cost averaging. So some months you might be getting a great deal another month. You might be getting a bad deal and another month you might be getting in between deal, but what happens is all of those average out so that, basically, is dollar cost averaging? What do you look for in a in a stock when you're investing? Well, the main tactics here are qualitative and quantitative analysis.

Qualitative analysis is all about looking at the leadership and direction of the company. If it's going really really well - and it's got a good leader, let's take, for example, tesla with elon musk - i mean you just invest in him anyway, wouldn't you he looks so charismatic, but you can't just do that so 20 of my research will be on that And then you go to your quantitative analysis, which is all about looking at the figures of the company, and hopefully those figures are telling you a story that that stock is undervalued. Now, if you look at it all and think my life look at that, those stocks are only ten dollars each and i think that company's worth twenty dollars, then, hopefully, by doing that analysis, it will give you an upward trajectory on your shares. As soon as you bought them, so that's what i look for in a stock.

What does the passive income means? Well, passive income when you're buying stocks basically means you're getting paid dividends. Lots of companies will pay you for investing in them. Basically, they're giving you money every year. Some companies will pay this quarterly.

They may pay every six months or annually, but you'll get a dividend and that dividend is absolutely fantastic, because your share can still be going up in value, but you're also getting a bonus along the way, don't be swayed by uh massive dividends, massive dividends or dividends. As a whole are a bonus, they're, a little passive income, and really you should be looking long-term at how the stock goes up in value as uh to be the thing that you're looking for first, i love your videos thanks. Thank you very much, and if you like the videos, what do you need to do like hey smash that thumbs up button yeah anyway? How can i help you? What's your question far away? Yes, i have now one thousand euros saved up. What would i do with it like in stocks? Well, what age are you first of all, uh, i'm uh, i'm a system, you can do it by your parents and obviously, as soon as you become 18, it will go into your name.

What you need is a custodial account, so once you've got your custodial account set up, then you can look at all sorts of options. We always think that you know index funds are your best way to go, particularly when you're young, i mean, there's all sorts of ways you can do it, though you can go through vanguard. Robin hood in the usa is very good trading. Two one two in the uk is also very good.

The nice thing was starting, i mean at fifth. I wish i wish that i had started investing at 15.. The one thing you've got, which i haven't got is you've got time on your side over time. Eventually, you'll reach what i like to call a tipping point, and that tipping point is where the amount you invest per year is equaled by the amount of interest you're gaining on your investment.

Even if you stop investing at that point, that interest is still going to increase year on year on year, and it's a bit like a snowball as that snowball rolls down the hill. It starts very small, but it just adds more and more and the bigger it gets the bigger it gets. So it's all about working very hard from where you are now up to around about 30 years old. It always sounds a long time away, but before you know it that time will be gone and if you've started investing early.

You know you you're nearer to that compounding of interest, and you know the world becomes your oyster. After that, you know you can give up a little bit now to have a lot later so now i want to share with you the main mistake new investors make when they get into the stock market. Lots of new people coming into the stock market are led by emotion, which leads to them selling their shares the minute they start going down, they're so afraid to lose money they sell and then, of course, they see the stock going back up and they think got Ta buy in there so they're just losing out on all of those returns. They could have made you really got ta buy with logic.

You got ta be like a robot to be perfectly honest with you and that's why passive investing works so well for me, because i don't even have to look at it it does it all on its own right. I'm going to leave this next video up here for you, but don't click on it just yet, if you want to grow your wealth remember to smash that subscribe. Button ring that bell and you can click on it. Now i'll see you on the other side.