Warning Ignore The Wealth Transfer

Investing is awesome, and taking advanatage of opportunity is also awesome, but you have to be not stupid, and not think that a down market equal instant gain

And the idea comes from, during great times of uncertainty the market tends to go down, and a lot of people tend to sell out, and the people that keep money in and put more money in, they tend to be rewarded for their patients.

And its true I want to give you guys 4 things to look out for, because just because the market is down and you put money in, doesn’t mean you will take more out

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Don’t Invest without Thinking things through.

Its very true that during the great depression a lot of millionaire were made

Because a lot of people sold off stocks and investments, and the price got cheap and some people took advantage and invested their money and waited

But the part that they never tell you is this ( the market took nearly 25 years to return to previous highs )

My point is this

Its cool to want to invest and capitlize but its stupid to invest money you don’t have and you will need pretty soon

Because no one knows how long this thing will last for

What should be the strategy during these times

The impatient are not just the people that take the money out

But its also the people that put all the money in and then have to worry about needing that money

So stick to a long term investing strategy and if you want to invest more

My strategy; only increase your investing by the amount you can afford.

Long term wise I invest 10-20% of my income

If we have an opportunity to invest more

Then I only increase by an amount i feel comfortable with

Don’t be stupid ( use common sense – a day may come when the hype is real)

My point is,its important to diversify and not just withing the stock market but outside of it also

Its why with all the extra income that I bring in, I’m now starting to use it to buy some rental property

This way I can get cashflow during time of hardship with the market

My point Is this

The stock market is an amazing basket to put your money into

But don’t use it as the only basket

Beucase all those scares we had with Great Depressions, World Wars and economical crashes are real

What you invest into is massive

If you are invested into individual companies

Remmeber companies really do go bankrupt

So don’t just buy if you don’t how to calcualte the instrinsic value of a company

For example

Bitcoin is down

Art works are down

Nfts are down

I’m going to capitlize, but you don’t understand those things, so don’t do it

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*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.

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