>studied warren buffet and value investing
>only pick bluechip companies
>watch phil rule 1 investing, ryan scribner and dave ramsay
>put my saving in my country stock market
>hope that it will reward me in 4-5 years from now
>year 2
>still in the red 25%
bros..... is... is this the fate of a greedy people who wants money without working?
>Just keep putting money in BRO
>Buy the dip
>Baby first dip?
>DCA > Lump sum
>in my country
HAHAHAHAHAHA
is this genuine advice or a satire?
I can't even differentiate it anymore because it is the usual advice people give
>studied warren buffet and value investing
You were supposed to study from his master, Benjamin Graham-sama.
all in link
the last correction was ~20% dude chillax , you need to watch the dowjones chart for the last 30 years.
you see anything special?
it is rising no matter what, and corrections are normal.
put maybe 1000$ in LINK just in case
>he didn’t buy the dip
>put my saving in my country stock market
How fucking retarded are you?
What companies
>value investing
>year 2
keep buying friend
no you were just unlucky. there’s a shitload of variables you cannot control. and when you’re young (below 40) you just simply cannot have the life experience to differentiate between gold and shit. some make it lucky, some suck. im sorry for you user. good luck in the future.
you do you, bud.
Not a financial advisor, to each his own I suppose.
Or just buy LINK if that makes you feel better, I don't know.
some consumer goods, banks and cigarette companies
I was fucked hardest by mining stocks
the fundamentals are good, but coal price are taking hits
most people believe it unironically because a period of growth spanning two generations has left them unable to process the idea said growth is mostly virtual and inherently unsustainable
billions of dollars are invested into hiding the true nature of the economy from you
at tier1 there's the hidden tax of inflation, which works on most people as they don't question the nature of money
tier2 has "renowned" economists defend modern monetary policy by assaulting you with a deluge of theory to the point you forget their underlying implication the world is better now than it used to be; this works because people who go past tier1 are generally of above average intelligence and therefore middle class and above, and we are ego-driven and forget our baseline isn't the baseline
tier3 is where the guns come out with ample collateral damage, so the voices of reason can be drown out in general idiocy, and intellectual debate turns into physical brawl. see: gilets jaunes in france right now
bottomline, forget about getting rich through the system, AND similarly disregard the snake's oil peddlers. invest in yourself. acquire skills people are in need of, make yourself in tune with what they want, keep yourself flexible in location, assets, everything, and network, network, network the shit out of life
the only real currency is social capital. money in any form is just a proxy for it. if you are loved by a billionaire, you could hang out in his house for free. celebrities can get away with rape and murder. watching someone else tell you to do something is YOU giving THEM something (unless it's personalized and private advice). as the world becomes increasingly more automated and the fake economy creates no real value, cult of personality as a brand becomes more relevant than ever. unsuscribe, unfollow, close that youtube and focus on yourself. unless you gamble and get lucky, the only way you'll make it is through your own doing
The trick is to invest in blue chips before they become blue chips. Take Chainlink, for example.
Or just put it in index funds for literally free money.
>young is bad
For the gaming sector young people have more expertise than old. Just gotta capitalize on the expertise you have.
>my country stock market
That only works if your country isn't shit btw
>dave ramsay
This guy is a toolbag.
He recommends debt repayment priority based on principal size rather than interest rate.
He recommends non-index mutual funds.
>He recommends debt repayment priority based on principal size rather than interest rate.
Studies prove it's a better method, due to the psychological benefits.
>op won’t say which country or companies
3rd world shitter confirmed. Try investing in a real country with an actual economy that isn’t corrupt to the core
gib sauce
Like others have said, if you live in a fucking shithole then invest in another country that will actually progress in this world.
Also, don't trust everything a billionaire says. He knows millions are listening to him daily and to every speech he makes, so obviously he's not going to give away the best options.. he's more likely to provide you with the bad ones so he can profit even more.
Warren Buffett have even said that diversification is a bad thing, when he's literally invested into hundreds of different companies. Yet there are jackasses that actually take his word seriously and put everything into one stock.
Who's the girl. I want to see those milky white titties.
>he fell for the value investing meme
>he didnt learn how to trade
>he didn't know about risk management.
Give me the stock you're in and i will make you a quick analysis of how fucked you are.
fucking based
you could of put in crypto for a quick 100-1000x in a year, but I guess the jew controlled stock market was a safer bet for you waggie.
I can agree with some of this post and admit it's still semi-woke but it still has too much of the "It's who you know" and "pull yourself by your own bootstraps" boomer memes that no longer apply as much as they used to in this world (if ever really). DON'T close that youtube (but also pick up a book as well) because learning is key to making it now , not even as much talent or being able to offer something/an idea to society/people as that can be automated/stolen by someone else on a whim and by chance these days as you said yourself(but WHO you learn from and WHAT you choose to learn is key here) because the problem is the immensely large amount of watered-down/sheer false knowledge that you have to wade through in order to get anywhere nowadays. (This includes what's taught today in higher academic circles/universities especially)
~~~
Matthew 7:14
14 Because strait is the gate, and narrow is the way, which leadeth unto life, and few there be that find it.
God bless.
>in demand skills
>what you choose to learn
Do you mean things like AI, computer vision, blockchain programming (tactics) or things like sales, copywriting, negotiation, influence (strategy)?
The former might seem to be in demand today, but who knows if that will stay true 30, 40 years in the future? Can you tell me some more skills that would fall under the latter?
>tfw thought activision blizzard was a good buy after the shit PR tanked them a few months ago
ive been playing video games since i was 4
it's more of a function of intelligence and adaptability, those with higher IQs will adapt more quickly to these changes, while the lower IQs will take longer and get left behind, it's just the nature of things
Kek, warren just got lucky and got to enjoy longest bullrun ever.
The reality is that bluechip companies don't exist in terms of capital gains because even amazing companies can decline in value.
I just watched a short video talking about how there is a company that existed before the dot-com crash that is today valued at 4 billion dollars but is profitable and will probably be profitable forever, and a newer company valued a 40 billion dollars but has never made a cent in its life, and is only valued highly because a bunch of VC bullshit.
Obviously the latter is not publicly traded but you can see the point. Valuations are actually a fucking meme, nothing makes sense. Buy and hold is a retarded strategy unless you are tracking an index in a booming economy because at least in an index you are holding both the good companies that are valued low and the shit companies that are valued high.
If you want to actually invest in the value of a company go up to them and tell them you will give a couple millions bucks today for a percent of their profits each year. That way you are actually buying real "value". Buying stocks is buying retardation, not value.
Who's the girl let's go
Why would you buy mining companies. Most of them are outright scams where the management goes on acquisition sprees to justify higher salaries, and if you discount the cash flows, even with a monte carlo simulation with varying commodity prices, the mines are still 3-4X overpriced. Basically, the entire sector is a crowded trade because of boomer doomsayers. Avoid the sector like the plague.
As far as tobacco & banks, I think you did pretty well. I myself am a large holder of Bank of America, BNY Mellon, Altria. They have done very well for me over the years.
unironically good advice
what stocks are you in that brought you down 25% and are you dollar cost averaging?
I was down 29% in a stock and I DCA'd it and now I'm only down 5% (with solid gain in price too).
you do realize warren has been through several major recessions and still came out on top.
he gets like 43% yoc on his KO stock.
>what are dividends
>>put my saving in my country stock market
You gotta ask yourself what your goal is from investing: are you trying to make quick money with risk or build wealth over the long-term with less risk?
I'm sure those 2% dividends are helping OP with his 25% loss in capital gains. Your point also gives value to my point that you should go for an index. Go for an index that gives dividends and you'll be golden, not for the dividends but for the reasons I outlined.
don't bother user, i've spent more time than I care to admit trying to convince these retards the value of dividend growth investing
Dont listen to Dave Ramsay, he's investing lite intended for retarded boomers. If you're losing money just buy index funds/bonds and never sell them and stop fucking with your investments.
thans user, needed this
It's old Boomer advice that no longer applies. I have almost
That is actual advice that is unironically given on almost every financial forum. Everyone is so afraid of getting called racist if they tell you to only invest in the US markets.
"in my country's stock market"
well, there you go
>A faithful man shall abound with blessings: but he that maketh haste to be rich shall not be innocent. To have respect of persons is not good: for for a piece of bread that man will transgress. He that hasteth to be rich hath an evil eye, and considereth not that poverty shall come upon him.
>Everyone is so afraid of getting called racist if they tell you to only invest in the US markets.
Maybe on rice noodle forums. Its a common mistake tho and should be avoided. If youre American then you should still get some US stocks.
It's the fate of a boomer whos listening to other boomers. Nobody got rich by following others.
The Bogleheads forum has become very anti US in the past few years. You're losing money if you're not investing in mud huts and international bonds
Warren Buffed STARTED with 15k from the bank of mom and dad back in 1950-1960. Thats over 100k inflation adjusted lol. Just cause he sips a coke and drives an old car doesn't mean you're anything like him. The guy just presents himself as "an average investor" just as Boris Johnson presents himself as a dunce and a lad's lad. Everybody worshipping buffet got memed
Okay thats pretty sad. Investing in africa/S america is a no go for me.
US, East asia and some EU stocks are enough for me
We're literally heading into a recession because the chinese have inflated the global property market.
You should have your money in an inverse ETF if you want to turn a profit over the next 2-3 years
>studying luck and randomness
its all luck retard, that fat fuck got lucky and now brags like the retard he is, once you have alot of money, just 50/50 it on roulette instead, better chances and isntant reward
OP must be anything but pajeet b/c their nifty index is fucking parabolic past few years
namae wa?
He himself declared bankruptcy twice. He does not eat what he cooks. If you are going to tell people to live on rice and beans to pay debts you can’t Welch on debts yourself. He also tells people not to get their 401k matching plans if they are in debt which is insane. What you can actually learn from him is salesmanship. For example when people point out the obvious flaws in his plan he attacks aggressively. That is how you sell. As an entertainer and salesman he is awesome. As a businessman he is a product of dumb luck and as a financial adviser he is a walking disaster area.
How to know if your country is shit:
Is your country USA?
Yes —-> ok
No——-> shithole
He put his money in stocks during a 20 year permanent bull run backed by the fed
>Genius!!!
Real estate prices rocketed 500 percent in his life
> Genius!!!
It's like interviewing people who forgot they had 60 btc on the darker then noticed prices at 20k, sold, and are being interviewed as prophets for advice on cnn
>warren buffet
HAHAHAHAHAHHAHAHA
I know what I’m jerking off to next.
>in my country stock market
Lol. What's the racial composition of your country?
>he thinks you can 'study' investing
Heres a cheat I do:
look up something like
>top 10 stocks to buy 2019
read multiple of these articles
>oh look, this stock shows up in 3 articles
>but this one shows up in 7
>ill go all in on the one that shows up in 7 top 10 lists
And thats i found (pic) last year. It was $60 when i was seeing it on all these top 10 lists
Research is for finance analysts. Stock investing is for people who chase the right rumors.
Why would a girl like that do porn?
for money and attention