15 Investing Principles Only Rich People Know

Investing principles only rich people know.

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Time Stamps:
00:00 Introduction
01:12 Have a personal financial roadmap
01:59 Invest Early
02:30 Diversification
03:28 Leverage is key in building wealth
04:14 Be vigilant of fraud
04:40 Cash is the King
05:22 Deadly Debt
06:31 Timeframe is Key
07:03 Dollar-cost averaging
07:40 Rebalance to make money
08:05 Conservative bonds are a safe haven
08:43 Returns and risk go hand in hand
09:17 Boring always beats exciting
10:07 Keep an eye on fees and taxes
10:32 Move on from the stock markets once you win


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Music: Bensound.com

Practical Wisdom – Interesting Ideas

DISCLAIMER: I’m not a financial adviser. These videos are for educational purposes only. No official financial advice is being given. Please always check with a professional before making any investments or financial decisions. Your investments are your sole responsibility, these videos merely share my own opinions with no guarantee of gain or losses.
The Audible link, Vint, Coinbase and Moomoo are links are affiliate links meaning if you make a purchase using the link, I will receive a small commission at no extra charge to the buyer.

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