Top 5 Mistakes Beginners In The Stock Market Make

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Well good day subscribers hope you’re having a great day out there as always if you’re new here i am jeremy and today i want to take you guys through the top 5 mistakes beginners in the stock market make if you are been investing for less than a year today’s video is going to be one of the most important videos you can possibly watch because i’ve been in the stock

Market for over a decade now i’ve seen a lot of people coming in this game i’ve seen a lot of people leave this game and i’ve consistently seen some big mistakes made by new investors in the market those i want to share with you here today so it will save you a lot of money and it will put you on the right track to making the most money possible ok and being

That i’ve been in this privileged position as far as like being on youtube for over three years now i’ve gotten to see you know mistakes made by a beginners and beginners and beginners and a lot of times they’re the same exact mistakes made over and over again just by the next one coming through because there’s always new people coming in on the stock market and

I’m consistently seeing these five mistakes made time and time again by folks who that are kind of newer in the stock market okay also i have my private stock market group and i get to see mistakes that are made by some folks in there now most folks in there are actually like more advanced investors but there are a lot of people who join that group in our very

New investors and i get to see their mistakes so it’s almost always the same five mistakes guys so we’re gonna go ahead and get into this i hope you guys get a ton of value out of this oh this is a video that’s gonna save you a ridiculous amount of money down the road guys and let’s get into this already guys coming in at the first one is a time and time again i

See new investors in the stock market get into this frame of mind where basically they worry about short-term success they’re so worried about short-term success so essentially meaning they’ll buy a stock and if that stock goes down they think they’re horrible investors something like that and that’s just absolutely the worst mindset you can have getting into the

Stock market if you’re going to take stock market investing serious you cannot care about your short-term success you have to be focused long-term how do you i build the count’s over time how do i build this account over the next three years over the next five years your frame of mind really needs to be thinking long-term and not oh my gosh i bought this stock and

It happened to go down today and now i’m down in the position and i’m down fifteen dollars on this position and what am i gonna do if you’re worried about so much into the short term success when it comes to it’s gonna be a very hard game for you and this such as stocks that’s investing in general you wouldn’t ever buy let’s say you were a real estate investor right

You would never buy a real estate property and think okay i bought this property okay let me hope it goes up in value today so i can sell it tomorrow or something like that that’s not usually how you think but in the stock market since you can see stock prices every single day new investors in the stock market they get caught in this trap where they judge themselves

Based upon their first couple investments and i’m telling you that’s just a big big mistake because you’ll start to get into a place where you think the stock market is not for you like i’ve been in the stock market for over ten years and i don’t even judge myself based upon short-term success or something like that so why should you you should absolutely not do

Any think about it this way okay if you were let’s say you wanted to become a great basketball player right you wouldn’t just think oh my gosh i should be able to drain three-pointers like it’s nothing you would think okay i’m probably gonna you know be really bad at this at first but with practice and with time i’m gonna get better i’m gonna get better i’m gonna

Get better and it’s the same exact thing with stock market so don’t think you’re gonna have a massive amount of success in the short term it can happen for you but don’t think it’s gonna happen for you and don’t worry about it think long term think how am i gonna build wealth over the next two three four five years or something i always bring up to my stock market

Group members i always say guys listen it’s all about growing into the future now i try to always remind them this when we’re in a tough market because when you’re in a tough market that’s when a lot of folks really get caught up another short term negativity and things like that you always got to have focus for the long term in building accounts and what i’ve

Seen time and time again is the folks that had that long term mindset and are focused on building their accounts over the next three years five years seven years ten years those folks are the ones who actually do it those folks are the ones that go from 3,000 dollars invested to 10,000 dollars invested to 15,000 dollars invested to 50,000 dollars invested to six

Figures invested so on and so forth those ones that actually have that mindset or the ones that make it really far and the ones that fail and the ones that give up and the ones that quit the game are all the ones that were so worried about if they lost their twenty dollars in the stock market or something like that okay don’t worry about short-term success worry

About company fundamentals worry about investing for the long term worry about building accounts for the long-term okay that’s mistake number one by the way make sure you guys have a thumbs up if you’re going to enjoy this video let’s get into number two already mistake number two that i see from beginners in the stock market all the time is this mistake that

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Basically they buy into stocks blindly what do i mean by this they don’t even know what to look for in stocks and they start buying stocks they’re like oh i heard about some stock over here or oh this stock seems really exciting they don’t even know what to look for they don’t know p/e ratios you know no company fundamentals they don’t know how to value a company

Versus its peers they don’t know any of the stuff but they just start buying stocks and i’m telling you if you go into anything with no knowledge on like what to look for and what not you’re gonna cost yourself a lot of money especially when you’re investing no matter what market you’re investing in i don’t care if it’s a stock market real estate crypto gold and

Silver commodities anything you could possibly think that we’re just like small businesses you’re investing like private businesses and things like that doesn’t matter where you’re investing your money you always got to go in with a plan in like an understanding of this is how i value this thing this is why i should put some money in this thing but so many times

I see people buy stocks blind not even knowing what to look for in that stock okay you’ve gotta have a plan in place it’s going to be very costly if you don’t want to like read books or take courses or things like that right it’s gonna cost you a lot more money by basically learning all the things step by step i highly suggest you read some great books out there

The intelligent investor the little book of common sense investing okay i have a book called modern long-term stock market investing secrets that’s on amazon there’s so many different great books you can get an idea of the strategies and the things to look for in stocks when buying stocks okay i also offer courses that go into exactly what i look for in stocks you

Don’t have to get those products but i can promise you you need to absolutely have a plan in place because it is going to take you years if you don’t ever read book you’ll never watch courses and things like that in learn the different ways on how people invest then you’re going to be starting way behind everybody else you can accelerate your plan by doing the

Research upfront on unknowing oh i need to look for this in stocks by people that have actually been in the market for a long period of time and if you decide no i’m not going to do that i’m just gonna wing it you’re gonna probably lose yourself a lot of money and that’s unfortunate because like all things it does take work it does take research in order to be

Good at something okay personally over the past year i’ve looked a lot into real estate investing because i’m interested in possibly over the next few years becoming a real estate investor over time okay you know i could have just jumped in and started real estate investing right away but i don’t know anything about the markets okay so what have i been doing over

The past year i’ve been reading countless books on real estate investing i’ve been watching courses on real estate investing because if that’s a way i want to diversify my wealth over time i need to learn from folks that have been these markets for 5 10 15 20 years and have a ton of tips they can give me in either their books or the courses because that’s going to

Give me an idea and i’m not going to be going into real estate investing blind and just winging it and hoping for the best and i’ll just learn on the spot or something like that i’ll actually have a plan in place know this is how i actually value this property okay this is what type of rental income this can do for me oh this over here is going to need to be fixed

Oh that’s probably gonna cost me i have a plan in place okay it is so important guys you’ll cost yourself so much money if you just invest blind okay hey by the way they’re still gonna be learning that has to be done even after you read the book say even after you take courses you still have to actually go out there and execute it okay but it’s gonna accelerate

Your learning in a massive massive way in years of time rather than you know just hoping for the best and winging it okay let’s get into mistake number three mistake number three i see beginners in a stock market make all the time this one is the most frustrating of the five okay this one for me is the most frustrating and it’s consistently made by folks that are

New in getting into the stock market okay and that’s essentially buying a stock just because someone else did you heard that the person on cnbc was buying this stock and so you just went ahead and bought that stock cuz you’re like oh they’re dressed in a fancy suit they must know what they’re talking about or i mention a stock on the you tube channel he like oh

Jeremy he’s been in the market for over ten years always had this stock be good and this stock be good okay this next one he’s invested is gonna be a next great stock or something like that let me just buy it i don’t know anything about the stock i don’t know anything about it i’m just gonna buy the stock anyways it is a massive massive colossal mistake if you

Were buying stocks in the stock market only because someone else did okay i can’t even begin to explain to you how foolish it sounds when somebody that’s actually been the stock market for a long time here’s somebody bought stocke over here and they blame it if it went bad because they just bought that stock and they heard it from somebody else or they did good

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On and they’re like things from mention that stock i happen to buy it and you just made me a bunch of money or something like that i’m just like what is going on in the stock market if you want to be successful over the long term you yourself have to be good at picking stocks and you can’t count on others to hopefully try and make you money by mentioning stocks

Or something like that okay you need to be the one fully researching stocks here’s what ends up happening okay somebody on television or on the internet or somewhere will mention the stock that they’re buying and why they’re buying that stock somebody just jumps in that stock without researching it without doing the background due diligence work on why you know

Maybe they shouldn’t buy that stock or why they should buy that stock they go ahead and jump in it and the stock will go down in a short period of time and what happens countless times is that new beginner in the stock market gets scared because they don’t even know anything about that stock so how are they supposed to have confidence that sometimes they don’t even

Have a plan so they’re buying stocks blind that they heard from somebody else they’re just throwing money around the stock dips in the short-term goes down 5% 10% 15% they sell out of that position for a loss and they say screw the stock market it’s a scam i’m out of this thing i just lost 10 15 20 percent of my money oh my gosh what am i gonna do and it’s like if

It was that easy to just an invest in the stock market like that would be a beautiful thing right if just every stock that someone happened to mention like always went up or something like that like that would be a beautiful beautiful thing and every single person in the world would be a stock picker i can tell you it’s not that easy you actually need to do the

Real research work you actually need to do the study on companies you actually have to look at those financial metrics you have to actually look at the business ball you actually have to look at the competitors and things like that you have to actually do some work if you want to make money in this game and you’re gonna cost yourself so much money if you’re just

Buying stocks because someone else did it’s the most foolish thing a person in stock market could do the most and i wish i could just like send a chip in to like every baby’s brain that’s ever born and it’s just like he looks like a chip in there and it says do not just buy a stock because someone else buying stock i wish i could do that but unfortunately that’s

Probably the biggest mistake that will continue to be made for generations and generations into the future it is what but make sure you don’t make that mistake okay let’s get into number four let’s take number four beginners in the stock market make when they’re starting to research stocks is starting to look at like what to look for in stocks and what not it

Could be a lot of information that the stock market is complicated in general learning all the things to actually you know go ahead and look for in a stock that is very complex and it takes time to learn that it doesn’t just happen in a snap of fingers you actually have to take time learn all these things and get better and better so the given in the stock market

And basically they just there’s a lot of information they think they’re not smart enough to become a stock picker they’re like i must not be smart enough because this stuff is complicated i’m having to rewatch videos to learn from this and i must not be smart enough and let me just tell you when it comes to picking stocks to hopefully make money in them you don’t

Have to be a certain iq okay there’s no such thing as being smart enough to invest in stock market there are people that are highly successful in stock market ain’t graduated with a master’s degree in business okay there’s also a ton of people that are highly successful in the stock market and our high school dropouts are people that never even went to college okay

There’s no like you have to be a certain intelligence you have to have a degree in order to be a successful stock marketing investor there’s no such thing as that okay but there is a such thing as is what is your work ethic can you handle volatility in the market stocks are always moving up and down every single day in the stock market stocks are moving up and down

You know if the stock market goes up a bunch of stock can move up huge the stock part goes down a ton of stock can go down a bunch and all those movements in the stock market you got to be able to handle volatility okay so those are two of the most important things you need to have and neither one has to do with whether you have an 85 iq or a hundred iq or 120 iq

Or anything like that okay can you work hard can you stay discipline and can you handle the volatility that comes with the stock market if you can’t do those type of things then it is going to be hard for you to have success in the stock market if you just want to be lazy and be a stock picker this is probably not the game for you okay if you can’t handle the fact

That your money is going to go up and down in value all the time in the stock market then this is probably is in the game for you if you can’t stay discipline then this probably isn’t a game for you all those three things are the most important things in the stock market and none of them have anything to do with whether you are smart enough or not so don’t get caught

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Up in that game of thinking you’re not smart because you didn’t go to college or i didn’t get good enough grades in high school or something like that like it has nothing to do with anything it has literally nothing to do with anything guys so don’t don’t get caught up in that game and i just realized regardless of what your intelligence level is by god-given or

Whatever okay whatever your intelligence level is it’s gonna take time to learn this game and become super confident in yourself and there’s no such thing as i’m not smart enough okay let’s get into mistake number five all right you guys mistake number five the beginners in the stock market make is basically this one is more prevalent to some of the folks that get

Into the stock market when they’re already in their 30s 40s or 50s okay and it’s basically when you invest too much money too fast all right the stock market is a perfect place to get involved with when you’re you know let’s say anywheres between eighteen years old and about thirty years old why because most folks that are eighteen to thirty don’t have much money

To their name like they’re just starting out their financial life in most folks in those age brackets they don’t have a lot of money so they might have hundreds of dollars or might have thousands of dollars to their name so it’s not like they have a massive amount of wealth built up or something like that okay the folks i worry about sometimes that are getting in

The stock market folks that are you know in their mid-30s in their 40s in their 50s in they actually have a good amount of money saved you know tens of thousands of dollars or hundreds of thousands of dollars of like savings and these getting in the stock market they think i want to grow that money and the stock market is a great place to grow money fortunately if

You have no experience in this game it means you’re probably gonna make some mistakes in there’s a greater likelihood that you don’t have a ton of confidence built up in yourself as we spoke about before the more experienced you’re getting this the more confidence you have someone like myself has been in for over ten years and has seen a ton of markets you know stock

Market crash the stock market corrections and all these sorts of things bull markets and trade wars and blob of live scene all these different things it just builds confidence in myself you’re just getting involved with this here in your first year or so and you have a let’s say a hundred thousand dollars of life savings and you plow it in the stock market right away

You’re probably gonna make a lot of mistakes you’re probably gonna get really scared especially if a stock correction happens or if something goes wrong with one of your stocks you’re gonna get scared out of this game real fast and you could have just lost yourself a ton of ton of money and then you might even get into the mentality of oh i gotta try to make it back

As fast as possible so then you get into even more speculative stocks and maybe those don’t work and you lose even more money it’s just kind of a bad bad downward spiral okay don’t invest too much money too fast invest at your own pace let’s say you have twenty five thousand dollars of life savings okay you have that in your savings account you’re like eventually

I want to get all that money or most of that money put it in the stock market okay go at your own pace just don’t watch one of my courses don’t just go buy some investing book or whatnot and think you know everything right off the jump and just start you know plowing all that life savings right in the stocks right away deploy it in increments like maybe say okay

If you have twenty five let’s say you have twenty five thousand that you want to eventually get in the stock market maybe one month you you put two thousand in your account the next month you put another two thousand the next month you put another two thousand and then you feel more confident in your investment decisions and then may you put another four thousand

That account then the next month if you’re still feeling very confident you can put another four thousand don’t just all put it all in one day or something like that because you’re probably gonna make some mistakes and you don’t have the confidence built up time and the market equals confidence in the market and the more time you’re in it the more confident you’ll

Get which means you can invest bigger and bigger amounts of money and more or more of your wealth can be tied up in the stock market but don’t rush into it all in one day that’s once again a tip for a lot of the folks will already have a lot of money best plate the best time against all of the stock market is when you don’t have a lot of money when you only have

A few hundred bucks to your name or a few thousand dollars to your name that’s actually the best time to get involved in the stock market in my personal opinion it’s not when you already have a half-million dollars or something like that and if you have that type of money make sure you are being very cautious on how you invest and make sure you’re taking it one

Step at a time not just rushing money in your accounts because you want to grow it to a million dollars tomorrow or something like that guys i hope you enjoyed this video i hope you got a ton of value out of it make sure you hit that thumbs up on today thank you for watching and have a great day share this with somebody that maybe wants to get in the stock market

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Top 5 Mistakes Beginners In The Stock Market Make By Financial Education

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