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Investing in Stocks & Crypto: Tips for the Beginner Investor - YouTube
Channel: Lavendaire
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[Music]
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okay
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so one of my favorite pastimes in the
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past year has been
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investing i know i made a video about
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investing
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in 2016 on this channel and i can't
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believe i haven't talked about it since
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then
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i bet none of you guys watched that
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video so i thought i would kind of
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redo that video and then add just new
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knowledge and experience
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about investing in stocks and crypto
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just
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learning to grow your money and being
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financially savvy let's start with the
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basics i want to recap
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why you should consider investing how
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you can start investing
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when is a good time to start investing
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so why
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obviously for me i think it's really fun
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the fact that you can grow money with
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money
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there is a magical thing called compound
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interest basically compound interest is
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the ability to earn
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interest on interest on interest on
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interest to the point where
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like the growth is really exponential
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and it's a beautiful thing because the
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younger you are the better it is to
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start
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i wish i started investing when i was
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like 18. i really wish i knew more about
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it earlier
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i started when i was i think 25 or 26.
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the basic idea is the more time
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you have the more you allow your
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interest to grow exponentially so
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time is really on your side if you are
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young i don't want to scare any of you
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guys it's never too late to start
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investing the best time to start is
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now if you can so let's move on to
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when you should start investing like i
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mentioned it's great to start as soon as
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you can because you want to reap the
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benefits
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of like time so that you allow your
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interest to grow
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but i understand not everyone can start
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early like i definitely couldn't
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have started earlier even if i wanted to
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because i didn't have the funds but
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a good way to know when you're ready to
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start investing is once you've built
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up a emergency savings fund of about
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three to six
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months worth of expenses so if you spend
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about like two thousand dollars a month
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just on your regular life expenses
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shopping groceries whatever
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then you would save like two thousand
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times three or two thousand times six
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in your bank account i understand that
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everyone has different circumstances and
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obviously we're going through
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a pandemic still so times are
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tough i get that but i think i'm making
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this video for those of you who
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can invest and would like to learn how
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to
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even if you're not ready right now it's
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good to know
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what this is how it works that it exists
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because you want to take advantage of it
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the reality is if you're living in the
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u.s because of the pandemic like the
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government is
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pumping money into the system so
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inflation
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is going to happen your dollar value is
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decreasing
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as we speak sadly i wish i learned this
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concept sooner but
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like you leaving your money in the bank
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your money is going to
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devalue over time your that money just
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sits there it doesn't really grow
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maybe it grows like a tiny tiny bit but
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like not really right
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investing is a way to not only grow your
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money but to just protect yourself from
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inflation because think about it if you
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let your money sit in the bank it just
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becomes less and less valuable over time
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versus if you put it
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in some investments regardless of how
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risky or safe they are
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it's going to have a better chance to
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grow and it's just better for you you
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know i'm all about
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being financially savvy having financial
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freedom so
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i'm here to share that with you guys so
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now that you know why you should invest
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and a little bit about when is a good
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time to start investing
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let's talk about the how and this is the
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part that you know
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i've learned a lot along the way i
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started investing about five
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years ago it's actually four and a half
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years i started after i got my first
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big paycheck from my youtube career in
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2016
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and i also did a podcast interview with
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sugama
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who taught me about you know investing
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and how to get into it so i was like
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okay
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i'm gonna do this i'm gonna learn how i
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say this because it's not like anyone
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taught me how to invest in stocks like
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my parents didn't teach me this
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i kind of figured out people were doing
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this and i was like okay you know what i
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think i'm ready to get into it and i had
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to just like
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learn on my own and of course i have to
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preface this whole video of i am not an
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expert i'm just sharing
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what i've learned and my personal
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experience so really do your own
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research take this
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with a grain of salt first of all let's
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talk about platforms there are so many
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platforms out there
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my personal favorite is robinhood i'm
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not sponsored in this video
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i use robinhood i use td ameritrade my
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portfolio is kind of split between those
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two but robinhood is my favorite
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platform it's great for beginners
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i recommend that one when i was just
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starting and if you watch my
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2016 video i started with robo advisors
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basically it is a robot that does the
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investment for you
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all you do is put in the money and it
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naturally like aggregates and spreads it
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out for you
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i did that because i didn't trust myself
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with picking my own stocks in the
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beginning
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but over time i learned that it didn't
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perform as well as the own stocks that i
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picked
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after experience i just prefer to pick
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my own stocks now but the platform i use
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for robo advising is called betterment
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and i still use that but only for like
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my retirement fund
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so all my stocks are between robinhood
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and td ameritrade
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i'll link everything down below if you
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are a beginner the simplest
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and relatively safe thing to invest in
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in terms of like the stock market are
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called index funds and
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specifically the index funds for the s p
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500
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meaning the top 500 companies in the us
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so an index fund just aggregates like
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the top 500 companies
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i don't know how to explain it i'm not a
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professional but just it's mixed into
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like this one thing that you buy
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and there are multiple different ones
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for example v-o-o-s-p-y
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those are just two examples but do your
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own research pick your own
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index fund for the s p 500. that is like
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a foolproof strategy if you're doing
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long-term investing and i mean long-term
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like five to ten to twenty years
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investing that will guarantee you will
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make like a consistent
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um return this is a strategy that is
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promoted by like warren buffett
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tony robbins i mean just like anyone in
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finance and investing knows that this is
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like
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the kind of what's that word that i'm
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looking for
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the dummy foolproof way to like invest
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i want to clarify here that when i say
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investing i'm talking about
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long-term investing because in the long
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term in the big picture your money will
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grow but in the short term i'm sure that
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you know that the stock market goes up
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and down
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up and down so in the short term it is
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riskier the long term
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it is safer another question you might
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have is how much money do you need to
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start investing
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you can start investing with like a
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hundred dollars fifty dollars i don't
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think that there are
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limits on these platforms anymore i
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think you can really start with any
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amount
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which is why i recommend like starting
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as soon as you can with even just like a
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small amount a small amount that you're
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not afraid of losing
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and just like put it in there and you
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kind of like see it
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change see it go up and down and you
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learn as you go there's also a strategy
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called
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dollar cost averaging which just means
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buying at like
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timed intervals meaning like either once
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a month
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once a week or whatever interval you
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choose and that is a strategy to kind of
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like
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average the cost of the stock that
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you're buying because it's going to go
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up and down up and down you can't really
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if you're not a professional it's hard
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to time when things are going to be down
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when things are going to be up
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so that's what dollar cost averaging is
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for so aside from index funds my other
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recommendation for you when like
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choosing what stocks to buy
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is to buy what you believe in buy the
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brands that you use
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buy what you believe will be the future
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what's going to grow in the future so
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this is what's really fun for me because
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i love
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spotting trends and just like putting my
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money in it knowing that it's gonna grow
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so an example is
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back in 2016 like i mentioned when i
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started i put my money into a robo
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advisor letting it choose the stocks for
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me
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i didn't really like the fact that it
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bought everything like i couldn't choose
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what to not buy so it bought
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stocks like gas and oil that i don't
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personally believe in
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so i made another account on a platform
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where i got to choose the stocks
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that i wanted to buy so i bought
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everything that i used so when i was
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choosing what to buy i was choosing with
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the mindset of
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okay i'm a content creator i believe
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that content creating this industry is
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only going to grow
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it was 2016 at the time i was like it's
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only going to grow so let me like
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buy the stocks and all the companies
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related to a content creator's
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business so brands like apple google
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facebook
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sony canon all these camera companies
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netflix
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tesla all these like tech social media
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related
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companies and that portfolio did a lot
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better than the robo advisor did
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so i was like you know what i'm just
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gonna do it myself like
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when i started the lavendaire shop i
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launched it on shopify
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and so i bought stocks in shopify and
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these are stocks that have grown a lot
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you know in the past few years and it's
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all about just like
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buying what you use and what you love
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and what you believe will grow
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i can't forget to tell you that the
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number one rule in investing is to
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diversify diversify your portfolio
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meaning don't put all your eggs in one
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basket if you're gonna invest don't
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invest all your money into one thing
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spread it out so that you kind of
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protect yourself a little bit
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because if you invest everything in one
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thing if it goes down you lose
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a lot but if you invest in multiple
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things that you believe in
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then even if one goes down like
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everything else kind of balances it out
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so
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it's a little bit more safe that way so
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now let's talk about crypto because i'm
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sure a lot of you have questions about
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it
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i am not an expert but i've been like
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researching and learning more about the
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space i've been investing in the space
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and it's been really fun because
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it's a lot more complex and intricate
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than investing in stocks
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because there's so many different
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platforms and you know there's a lot
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going on crypto to me is such an
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interesting space because
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if you learn and read about it you just
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know like
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this is the future this is where we're
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headed no doubt about it we're never
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going backwards
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you know so it's funny because things
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take time
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so i think i learned about it in like
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2017 my brother's in tech so he told me
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about bitcoin
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i casually invested in it in 2018 when
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there was like the first
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craze and it got super mainstream
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obviously like
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it came back down and i lost money but
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it's okay whatever
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and i started investing in crypto again
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end of last year so
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around december and if you guys look at
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the charts like it's grown so much since
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december
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i wish i could go back in time to 2020
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and invest more but
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you know what you can't go back in time
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we can only move forwards
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another fun thing that i want to bring
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up here and some of you watching might
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think i'm crazy or woo-woo
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but like astrology has influenced me and
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inspired me
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in terms of like where to look at for
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the trends and what to consider
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investing in so i'm not sure if you guys
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knew but like
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december 21st 2020 was a very special
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date in astrology it was when saturn and
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jupiter
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aligned in the sign of aquarius and
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long story short saturn and jupiter
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align every
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i don't know like 80 years and in the
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past 200 years
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it was a lining in earth signs so
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previously
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like last year saturn was in capricorn
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and then it moved into aquarius
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and capricorn is an earth sign the past
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200 years have been in earth signs
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and now everything has started since
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december to go into
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air signs so earth sign means like
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material things real estate
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industrialization
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like just physical stuff our material
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world is all earth signs
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and that is the stuff that grew and
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boomed in the past 200 years right
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land real estate capitalism imperialism
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conquering land acquiring resources that
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is earth sign okay so now that the
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saturn and jupiter have met in
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aquarius an air sign for the first time
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in 200 years
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it symbolizes like the trend of the next
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200 years everything is going to be in
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air signs meaning things that are
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intangible
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immaterial things like intelligence
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crypto the internet obviously we see the
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internet
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everything the cloud everything's on
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it's only going to keep growing
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a.i like intellectual property
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things like of the mind things that are
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intangible that is
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the future and i'm sure like talking
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about it it makes a lot of sense we all
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know that we're headed in that direction
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but it's like this
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astrological signifier that we have
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entered this era
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which is why that i think this boom in
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crypto has become more mainstream i
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don't know if you guys
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noticed but like all the major banks
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goldman sachs whatever they are all
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like talking about bitcoin they're all
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opening up bitcoin to their
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investors these organizations are
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applying to create bitcoin
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etfs which are like index funds kind of
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like what i was talking about earlier
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basically there's a lot of movement and
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mainstream
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stuff going on in crypto to the point
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where it's kind of like
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it is here it's not going away we can't
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ignore it any longer
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obviously there's still a lot to learn
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so i'm not gonna give any advice on
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what i buy or anything i'll list below
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like
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the platforms that i use but i'm still
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like just testing
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all these platforms out so i really
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can't i don't want to say anything i
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want you guys to do your own research
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and do your own learning so anyway the
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reason why i went on that astrology
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tangent was just to explain that
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since i knew that was happening i chose
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to invest
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in more air sign related companies my
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last tip for when you're researching
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crypto don't just look at them as
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currencies but actually
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research like what this platform is and
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what it does what they're aiming to do
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and also look at who's backing this
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platform
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so if there's a crypto platform that's
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backed by really big organizations like
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coinbase or the winklevoss twins like i
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would trust that
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because i believe in you know if those
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people believe in it it has that much
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money behind it
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like i believe in it another thing like
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i was mentioning earlier is to
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invest in the platforms that you believe
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in meaning like
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you actually would use and enjoy and
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are excited about their concept because
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you want to believe in what you invest
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in you don't want to just like pick
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something and put your money there like
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you want it has to make sense right so
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an example is yesterday i was
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learning and researching on the new like
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decentralized
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video platforms so there's one called
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life peer there's one called theta i was
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actually watching like
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a youtube presentation of the cto of
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live pier he was explaining how they
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were building a new
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efficient cheaper platform to do
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video streaming and obviously i'm
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interested in video
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like youtube and twitch and so right now
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video is very expensive to stream
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because of like the traditional model
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and they're building stuff that's
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cheaper faster better it's
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decentralized meaning it's not one
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company or one
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hub doing it it's a network of
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computers working together to make it
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happen which i think is the future and i
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think it's interesting so once i was
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like oh my god i believe in that i want
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to put my money to that
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that's my thought process behind how i
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decide to invest in something
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i hope this video was helpful if you
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have any questions leave them down below
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again i'm just sharing my personal
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experience and this is
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genuinely something that i've been
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really passionate and excited about
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and it felt a little like off tangent to
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share this on my channel but at the same
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time i'm like you know what there's
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people that are gonna be interested
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and curious about this so i'm just gonna
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put it out there
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judge me for the astrology parts if you
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want but i'm gonna do me
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you you know what like my brother and
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wilson were judging me the whole time in
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december i'm like
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put your money in crypto air sign we're
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in aquarius put your money in aquarius
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things
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and they regretted it because they're
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like you know what i should listen to
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you so
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thanks so much for hanging out with me
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and i will see you next time
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bye
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[Music]
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you
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