How to Invest for Beginners | Ex-Wall Street Trader Explains Investing 101 | Your Rich BFF
theideasmithy.com
@YourRichBFF , your favorite Wall Street girly, is here to drop the most anticipated, most requested video of all time: How to Start Investing for Beginners. I get THOUSANDS of questions about #investingforbeginners so this video is going to break down the "perfect investments" and what is the easiest way to fund your investments.
Timestamps
0:00 Intro
0:40 What should you invest in? The “perfect” investment
1:33 Where should you put your money? Accounts
2:30 How to fund your investments?
2:50 What’s the best investment for beginners?
5:40 What’s the easiest way to invest?
6:50 Why you need to Invest to Retire
7:07 Most Important Reminder: Progress, not perfection
About Me
Your favorite Personal Finance & Investing Creator. Let’s talk about money, career, & getting rich. Learn more about my background in Finance on www.YourRichBFF.com and follow me for more smart money tips.
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Breaking investing down in plain language makes a real difference, because the jargon is what kept me from starting. I found that learning one concept at a time, starting with what a diversified portfolio actually means, made it far less intimidating. What concept did you find hardest to understand when you first started?
2:50 asking what the best investment for beginners is, then landing on progress not perfection, that sequence is gold for a first timer
I'm 46 years old and horrible at math. In high school I was in the "alternative" (stupid) math class. Do you know what they taught in the stupid math class? How to budget, how to balance your checkbook. They gave us a scenario where we had to first find a job, then find somewhere to live and then how to budget for bills. It even taught us about stocks and bonds. Now that I'm older I wish I would have paid attention because I still can't balance my checkbook. 😅 Lol
I agree with you. We are taught Math, Physics, Chemistry and other subjects except personal finance. However, I have one question for you. Do you think, using a personal finance tracker is useful? I have started one personal finance tracker software that is now-a-days categorizing my spending in a month.
The idea is exactly what I needed It made my day better.
Man, watching this actually brings back memories. If you’re a beginner struggling right now, trust me, I feel your pain. I spent my first year bouncing between random videos, buying useless courses, and literally burning through savings because I had zero direction. Everything changed the moment I stopped trying to DIY it and actually found a mentor. Having someone who’s already been through the trenches look at your setup changes everything. Total game changer.
Man, seeing all these videos about stocks and bitcoin actually making people rich feels like a fairy tale when you're stuck living paycheck to paycheck. Is building generational wealth through this even real for ordinary folks, or just luck?
What is a ROBO ADVISOR?
Tote bags! I understand now. 😂
Bitcoin’s been on a wild ride lately, and it’s not going straight up. The charts are jumping around, making it super hard to tell if the next move is going to be green or red. I’m keeping a close eye on BTC because I’ve found a signal source that’s actually been delivering serious results for me over the last two months. But here’s the real secret: I’m not just guessing. I’m waiting for confirmation, sticking to a solid plan, and managing my risk. It’s all about understanding the market structure and trusting what you’re seeing with your own eyes. Don’t just trade blind, trade smart.
The music choice is perfect.
This is really simple and very educative. I will withdraw my profits of over 72k (seventy two thousand dollars) this very good month.
After watching this video, I'm more confused than i was 7:45 ago
I have no idea what you are talking about.
do you have any recommendations for robo advisors? or even what to look for while I'm looking
no perfect investment really hits home even the big names have issues. been zeroing in on the right accounts like they said and era wallet slots in for the crypto part lately
Is there a legit website for the Roboadvisor?
You're one of the most annoying person.
I truly suggest that people need to get more into stocks and the foreign exchange market, I’ve seen and read how profitable some traders are, making millions, it’s incredible and astonishing, I know there’re no shortcuts, I wonder what are smart ways to go about it ?
The transitions were so smooth.
Aw, thank you. So educational and encouraging ✨🖤
HOW CAN I MAKE GOOD PROFIT WITH 5K INVESTMENT AS A NEWBIE
An investor needs to read books. There are books that help people to get knowledge and motivation about how to invest and why to invest. A lot of them on Amazon.
The Little Book of Common Sense Investing.
Retire Before Mom and Dad.
How not to Retire in Poverty.
And many other books
Buy JP Morgan Chase. They are combing with Lords of London. Secret
Also. Hawaii Electric, PATH medical.
We started with €14,000 and a week later we were looking at €140,230. That came at the perfect time and really helped us cover our bills.
Can I ask something honest? How did you start getting steady returns? I've been trying on my own for years, but my results are all over the place. I'd love to retire earlier, but I need more structure.
Been in construction for years but looking to transition due to wear and tear.
Trying to build something more sustainable long-term (real estate or investments).
If you were starting over today, what would you focus on first?
This is awesome and it was through her I met Mr Johnson and his remarkable work to shape my lncome skills
This video absolutely blew my expectations away!
I turned my $30,000 into $210,000. Setting realistic goals is an essential part of trading
I’m honestly amazed by your talent as a teacher!
thx so much
Invest in silver. Silver is used in AI, EV, solar panels and many more industries. It has high demand and low supply so prices will increase in future.
Thanks Bestie ❤
This is exactly the kind of video I needed!
I’m seriously motivated after watching this!
Checking expense ratios like she explained at [00:04:06] is one of the smartest early habits to build.
What's the best success strategy to getting very high returns for a beginner starting investing?