How the 1% Actually Invest (And Why You’re Losing)

"Just put your money into a lowcost ETF, into a lowcost index fund, and that's it."

"The active side would be now you're looking for a good price point. And this is where it gets a little bit more advanced where if you're willing to do the research, you know, you could you can pick ETFs or index funds where if you see a big crash, you see prices go down, you can put more money in or now you can start looking for good companies that you believe are undervalued."

"He was like you're going to lose. and he was like, 'It's hard for us.' And we've got whatever 1,500 employees, like I said, AI that they've been building for the last 25 years, fiber optic cable, measuring things in milliseconds. He's like, 'The odds of you finding something that we haven't already traded on is basically zero.'"

"Every person that I know has lost money on a long enough timeline actively trading."

"The the difference between me as a footballer. And Messi is the same as me as an active trader and Radalia, right? The the gap is so catastrophically large"

"active investing. What I mean by that now is you're looking at companies and when you see this company fall because the whole world is getting scared, the whole market is tanking. Well, now this is an opportunity for you to come in, buy a great company at a discounted price and then you just hold on to it."

"For me, I would do it at the company level. For the average person, do it at the ETF level"

"this is Black Friday for assets. And if people think of it that way, like don't get yourself in trouble, don't be overextended, don't have debt. Uh but if you think of this as Black Friday, there's huge opportunities. And this really is a moment where I want people to pay attention and take advantage of this moment."

"YouTube is going to promote certain video titles over the other. So, let's talk about the market going down. If I say you one YouTube title is the market goes down 3%, here's what you need to know. Be prepared for market crash. What's going to get more clicks? Be prepared for market crash."

"the mindset is one believing I don't have enough money. I don't have access to enough tools. I don't have access to enough things to go and do it. That if I want to go and build a business, I need this, this, this, and this. I need $10,000. I need $100,000 to go out and do that. I need to have this type of degree. I need to have this type of parent. I need to have access to these types of people in order to go out and build a successful business. If I want to go out and invest my money, I need $10,000 before I can invest for it to be worthwhile."

"If you are 21 years old today, and you start by investing just $100 a month, which is just over $3 a day, and you do this consistently until you retire, until you're 65 years old, 66 years old, and you can get an average 10% return on your money. ... You will retire a millionaire on that $100 investment, assuming you never increase the amount of money you're investing."

"doing dollar cost averaging, and you may be dollar cost averaging simply because you don't have the capital saved up to do it any other way"

"maybe instead of $100 that month, it's $150 or $200, right? It's you're not going crazy. You're still just dollar cost averaging, but now you know that when it's Black Friday for assets that you're going to spend a little bit more just because you know it's going to go farther."

"A monkey outperformed professional traders."

"real true sustainable wealth is built in silence. It's quiet because it just keeps happening in slow increments over time."

"when you increase your income to not increase your expenses. ... your expenses go up right with your income. Now you got to buy a new car that matches your new income. You got to go on a vacation. You got to celebrate."

"75 cents is the maximum you can spend. 15 cents is the minimum that you're investing putting aside for investments. 10 cents is the minimum that you're putting aside for your savings."

"He was like you're going to lose. and he was like, 'It's hard for us.' And we've got whatever 1,500 employees, like I said, AI that they've been building for the last 25 years, fiber optic cable, measuring things in milliseconds. He's like, 'The odds of you finding something that we haven't already traded on is basically zero.'"

"Every person that I know has lost money on a long enough timeline actively trading."

"A monkey outperformed professional traders."

"The value of owning an investment for the long term."

"If you are 21 years old today, and you start by investing just $100 a month... You will retire a millionaire on that $100 investment, assuming you never increase the amount of money you're investing."

"When times are good, they're typically not as good as the media makes it seem. And when times are bad, it's typically not as bad as the media makes it seem. It's usually somewhere in the middle."

"75 cents is the maximum you can spend. 15 cents is the minimum that you're investing putting aside for investments. 10 cents is the minimum that you're putting aside for your savings."