YOUTUBE Stop Investing Money in the Stock Market NOW AdminJuly 25, 2023055 views About a year ago, I went on a vacation with my girlfriend to Puerto Rico, it was this rain forest called el Yunque, and we had the option to jump off a cliff that was about 30-40ft high. The guy gave me 3 instructions don’t think about it, keep your body straight on the way down, and the vest will handle the rest. Investing also has three instructions, Pick the right investment, Let compound interest do its job and in the end you’ll get to enjoy the wealth. But knowing what to do, and doing it are two different things. Just like Mike Tyson used to say, everyone has a plan until they get punched in the face. So today, I’m going to give you my plan, to make sure you make money during this down market, you don’t have to worry about losing money and in the end, you’ll be happy you did it. ????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 ????MY M1 FINANCE PORTFOLIO???? PLUS $10 Link: https://m1.finance/37SHd4241z-N CHAPTERS: 0:00 INTRO 2:35 THREE SIMPLE RULES 4:18 INVEST OR NOT? 6:35 WHO SHOULDN’T INVEST? 8:43 WHO SHOULD INVEST? 10:17 WHAT DOES TOMMY DO 13:07 WHAT ABOUT OPPORTUNITY 14:12 HAVE A SOLID PLAN 15:36 OUTRO 1. Should you Stop investing ( Yes and No ) -Yes because some people have no business investing right now -And no because you should never stop investing especially when the market is down -Think about if you invested $1000 during 1929 to 2022 with an additional $100 a month, you would have $76,365,160 Not only that: -But you would have survived 1929 stock market crash that lasted 25 years -World War 2 -Dot Com Bubble -9-11 -Real Crash of 2008 -Pandemic of 2020 First who should Stop Investing: -People that still have a bunch of Debt -People that don’t have an emergency Account or want to take it from 3-6 or from 6-12months -People that don’t have a good budget Who should keep investing: -basically, everything I said but the opposite 2. How I’m investing -You know one thing is to know what to do -Another is to actually do it, when common sense is telling you not to -So, like you when I wake up and see my investments negative or down (mentally that affects me, like any other person; but I know that I’m doing the right thing) Here is what I do: -First, I invest into Boring index funds and ETFs, if you want to copy my portfolio click the M1 finance link down below and it shows you exactly what I invest into -I set up my m1 finance account to do automatic investments (this removes the fear of jumping when some is just going to push you) -I only invest 20% of my income every month (so I have another 80% to work on other areas of my finance) Ps: Do you ever invest More? Possibly, if I have extra money, the market is down like crazy, I can invest more. (But remember these gains I will not get to tough them for a very long time 5-10 to maybe even 30 years, so there is no rush) 3. The Course I made (financial Freedom Step talks about these Moments and preparing for the worst) -So, the best advice I can give an investor is -Make sure that your plan is so good that it doesn’t have to go according to plan for you to be successful -Sounds complicated but it makes sense once you understand it * PRO TIP* INFORMATION IS EVERYTHING ????1 on 1 Talk + My Budget + Stock Investments???? https://www.patreon.com/tommybryson ????Merch???? https://teespring.com/stores/tommybryson ✅2 FREE AUDIOBOOKS✅ https://amzn.to/2Enayo8¬¬¬ ????M1 FINANCE $10???? https://m1.finance/37SHd4241z-N ????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 500,000 Subscribers: https://goo.gl/0wvm6w ????All My Social Media???? Link: https://linktr.ee/tommybryson *Some of the links and other products that appear on this video are from companies in which Tommy Bryson will earn an affiliate commission or referral bonus. Tommy Bryson is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. I’m an Accountant but I’m not your Accountant, always review information with your Accountant/CPA and your Financial Advisor. source