How to Invest: Invest Your First $1000

People ask me all the time what they should do if they don’t have a lot of money to invest. Should they invest differently? Should they wait until they have more money saved? In today’s video, I’m answering your questions. http://bit.ly/2aTH6qj

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20 Comments

  1. Are you afraid to invest? Do you fear losing money or maybe not having enough to make a real profit? Let me know in the comments! And if you are interested in learning how to invest, check out my Quick Start Guide http://bit.ly/2aTH6qj

  2. Said a lot but told us nothing ? except go buy those books.
    Like your videos but disappointed in this one but I never give anyone ??
    But I suppose if you gave us the answers we wouldn't need to read your books or watch anymore videos.

  3. Buy 4 SPY stocks. Best time, wait after a Trump China trade war Tweet to get a 2.5% discount ? Your annual return would be approximately $12, and 8-12% capital appreciation ✌???

  4. I just saw in another that the rich guys don't have jobs but they have assets. I've confused job as an asset since, just like things you have successfully invested in, it gives you income. Although it's earned income. Anyways am I wrong to think like this? Is asset pretty different from job? Enlighten me

  5. Some folks are upset that he provided no info about how to invest 1,000, but he did. Educate yourself on investing. For those who don't want to spend money on the books can read through Warren Buffet's annual letters for free. But the biggest tip in my opinion is to buy good companies that are undervalued due to some CORRECTABLE event eg Chipotle back when they were have all those food poisoning problems.

  6. Nope! I don't have a fear of losing money just didn't make the time but researching a lot about because I start just like all things I do in life before I take action to reduce mistakes

  7. Thank you Phil for your book suggestions. My reading list in 2019 : Rule #1, The Dhandho Investor & The Education of the Value Investor. Actionable knowledge is, indeed, Power!

  8. Yes. My husband is very Cautious with his money therefore we never invest in anything and the money sits in the checking account for years and years. how can I invest my money and have my money work for me?

  9. No one got the point which was basically: if you have to ask "should I invest 1000 USD or wait til I have more money" then you are not asking the right question, you should be learning from the best value investors and then figure out on your own.

  10. Nice content….remember starting out with $945, investment in cryptocurrency. Had a few red days but i came out ok……had a lil help tho

  11. Taking losses while investing is inevitable. But it is keeping them "small" that makes the difference in your returns. Indeed, Buy & Hold is dead and Buy & Protect has replaced it. Get educated about how the markets flow and you'll do yourself a huge favor for your investment portfolio. Howard DeMark's recent book is a good one too. Most imporantly, unless you plan to spend an enormous amount of time, monitoring your investments, taking classes etc., you should rely on someone's proven expertise to help you monitor risk in the stock market. Use a Smart(R) Risk Monitor like smartstops.net

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