In the time that it took me to upload this video the markets dropped another 10%. Where do you see the markets in 12 months? Comment below
The best thing to do right now when the markets down is to be practical with your current resources. Invest in companies you believe in, but if you’re broke save your money in case you lose your job.
We have a saying in Norway: it is better with one bird in your hand, than 10 on the roof. The discount we get on stocks now are guaranteed. Hoping they will go down further to even better entries, is speculation. So do some buying every big red day, and you secure some good entry points long term:) Which is Nates point.
"Don't even trust me", why I enjoy the content. Always telling the truth
"I'm not trying to be a billionaire" says the kid well on his way to be able to become one! Keep up the great work Nate, wish I would have been a little more strategic with all the money I was saving when I was 21. Now 10 years later I am trying to make my money work for me but it gets much harder and much scarier when you have kids. But your advice is sound and I appreciate that you do not pretend to be an expert and you are just giving your opinion on stuff based on your experience.
Be fearful when others are greedy and greedy when others are fearful - Warren Buffett A classic đź‘Ś
Nate- you never fail to amaze me with your knowledge and what you bring to the personal finance/investing niche here on YouTube. Absolutely phenomenal and you’re very humble as well. This channel motivates me a lot with my personal finance channel! Thanks!
I see the market continuing to decline for the next few months and then it rebounding quite quickly when this outbreak is all over.
One of my favorite Warren Buffett Quotes is “Diversification may preserve wealth, but concentration builds wealth.” For me I lean more towards concentration since I am young and am still very early on in the wealth building phase of life. I also spend many hours each week researching individual stocks and have a high tolerance for risk; so I understand every stock I am invested in and don't worry at all if stocks drop 30%. I've just kept dollar cost averaging in as stocks have fallen.
I have personally been watching Delta and Southwest for similar if not the exact reasons as you have. I also have been staying far from cruise liners. I'm am not an investor, but decided, today, to watch a few stocks because of my knowledge with what's currently happening. Glad to know that some of my predictions are shared by people who actually have a background in this stuff. I love your content!
Hey, have you ever thought about starting a podcast? I would love to listen to you while I do other stuff
All stocks are at huge discount, however, not all of them are worth buying, especially we are not seeing the bottom yet. In 12 months, it will be interesting to see if we can get out of the bear market.
Its very dangerous for those people who are predicting a bottom. Dont sell during these times unless you really have to. Keep buying a little as it falls I say.
Hope you enjoyed your time in Europe regardless and was great meeting up! Solid video as always đź’Ş
Robinhood’s servers: You ain’t buyin anything my man
Definitely considering some QCOM, SWKS, & AMD.
Something to keep in mind is invest what you can, I do think it’s time to invest now but have cash in hand as well for emergencies (not a financial advisor, don’t listen to me)
Nate’s Description of upload schedule: I put out as many personal finance videos as possible... I felt that. So time consuming. Cesar’s looks interesting. Didn’t know they were public.
Good stuff..... First time watcher..... I like your tone and your message. Your stock is going up
@NateOBrien