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Investing For Complete Beginners - How I Pay All My Bills With Stocks

9.0K views· 556 likes· 51:34· Oct 12, 2024

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A little under 10 years ago, I started investing with one goal: to have enough money to cover all of my bills. I did that, and by the end of this video, you’ll know exactly how to do it. 💲Patreon Exclusive💲 https://www.patreon.com/tommybryson 😎Call Me😎: https://bit.ly/30IBr0i 😎Second Channel😎: https://bit.ly/3c4sVPS 👨🏽‍💻Financial Freedom Course👨🏽‍💻$100 OFF CODE: LONGTERM Link: https://longtermteam.teachable.com/p/financial-freedom-steps-from-nothing-to-freedom First: Understand How investing works | What to invest into, Where to Invest and How much to invest, types of accounts (Roth,401k, and so on ) • What do I invest into? • I invest into the S&P 500 Index Fund • And it’s very simple to understand how they work • Instead of buying a small fraction of ownership in one company, if they lose everything I lose • I instead invest into multiple companies and own a small piece of each company, that way I’m more diversified across many companies Second: Why Invest in this? What are the Risks, What are the Returns and what Does History Shows, healthy fear • The only question that naturally should come after someone tells you what to do or what they do is why • Because the why is the most powerful question, it tells if it makes sense or if it doesn’t make sense • And knowing what I do, does nothing for you if you don’t know why I do it Third: The best investment Strategy I know and Follow personally ( in and out strategy ) - The key is going to be, to control what you can control and to limit your exposure to the things you can't control - I can't control the market going down and staying down for 30 years but I can make the right decision in my life so that won't affect me and my family - Don’t believe the hype, use your youth to dump all your money in the market - No use your youth to lay a foundation * PRO TIP* INFORMATION IS EVERYTHING 💲Patreon Exclusive💲 https://www.patreon.com/tommybryson 👕Merch👕 https://teespring.com/stores/tommybryson ✅2 FREE AUDIOBOOKS✅ https://amzn.to/2Enayo8¬¬¬ 🎁ACORN FREE $5🎁 Link: https://acorns.com/invite/38EYSU ⚡FREE KINDLE UNLIMITED⚡ (traditional reading) Link: https://amzn.to/2VGbxt9 👨🏽‍💻DISCORD PRIVATE GROUP👨🏽‍💻 https://discord.gg/EcZEHpA My Camera Gear: https://www.amazon.com/shop/tommybryson ✔ Help Us Reach 600,000 Subscribers: https://goo.gl/0wvm6w 😎All My Social Media😎 Link: https://linktr.ee/tommybryson --- Disclosure & Educational Disclaimer: Some links in this video may be affiliate links, and I may earn a commission. Content is educational and accurate as of posting; offers may change. I’m an accountant but not your accountant; always consult your own accountant/CPA or financial advisor. No income or results are guaranteed.

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