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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References:
Music: Bensound.com
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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.
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