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I rather speak the truth | Investing in stocks for beginners | Stock market crash - YouTube
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Hey chickengang, I want ask you.
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Why only some people make so much wealth?
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Like me?
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If getting rich was that easy, everybody will
be rich.
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My goal here is to help you guys make better
financial decision so you be at a better place
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and in return help others who are less fortunate.
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That鈥檚 super cool.
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If you have invested in the stock market for
the past few months and you thought to yourself,
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I shouldn鈥檛 have invested in the stock market,
I hope this message reaches you.
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I took the time to compile this chart, source
from Github compiled by the economist.
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My favourite burger from McDonald鈥檚 in my
20s and 30s was a Big Mac.
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This is a price chart of Big Mac burgers from
1986 to 2020.
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In 1986, one Big Mac cost $1.60.
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Over the years, prices have tripled nearing
to 4 times.
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Seeing the bigger picture, when you were young,
you were taught to save, hold cash, save enough
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for retirement.
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If anyone followed that advise, most of them
are screwed.
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As you can see from the rise in Big Mac prices,
their $200,000 $300,0000 savings in cash,
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buying power is effectively reduced to $50,000.
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The same amount of money buys less stuff.
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I used Big Mac because McDonald鈥檚 have restaurants
all over the world and it鈥檚 a good gauge
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for cost of living.
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Do you know a Big Mac in Switzerland cost
USD $7.30?
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I think due to Swiss precision.
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So what has all of this gotta do with you
and the stock market?
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Do you really think you can work hard, suck
up to a boss or a boss yourself sucking up
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to customers all the way till you retire,
saving enough money along the way?
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No!
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Most of you will die halfway dealing with
donkeys.
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I mean, Im all ears if you have a solution
to this.
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Tell me if you have figured out a method,
comment below.
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I do spend a lot of time reading comments
for feedback.
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I really do hope you remember how much housing
used to cost 20-30 years back.
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Imagine 20 years from now when you retire?
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At a certain point it鈥檚 not funny.
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So let鈥檚 put some facts on the table, not
rumours, not projections, just facts.
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One, cash is dumb.
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Saving money till you retire is not going
to work for 99% of people.
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You save a massive $10,000 per year for freaking
30 years slogging away, it鈥檚 $300,000.
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Compared to investing, if you compound it.
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Starting capital at $10,000 with loser returns
of 10% a year.
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Over 30 years, that鈥檚 $1,819434.25 million.
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You prefer 1.8 million or 300K?
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Two, if cash is dumb, the only alternative
is make money work for you.
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Investing in stocks, real estate lately crypto.
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I mean, do you have a better plan?
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I鈥檒l all ears man.
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Three, so let鈥檚 say you finally wake up
your dumb idea and decide to invest.
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You buy into stocks and stocks drop.
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Which it always does, because stocks goes
up and down and not only up.
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You feel sad, you thought to yourself, you
should have time the markets better, you should
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have this, should have that.
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I get it, I know how you feel.
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Let鈥檚 address this point.
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Point 3.
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For those new to investing, I hope you do
know nobody can consistently predict the stock market.
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Many talk about Micheal Burry, famous for
his call on the housing bubble, I鈥檓 willing
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to take this bet with you I will continue
to outperform him.
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Look, people like him are like David Einhorn,
once or twice relevant, most of the time shit.
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1 or 2 good calls out of 100 calls and shot
to fame, I don鈥檛 buy into this.
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Do look up Wikipedia on Micheal Burry.
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Though it sounds simple in theory, it鈥檚
so hard to do.
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DCA.
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Dollar cost average.
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Do read this article, Even god couldn鈥檛
beat dollar-cost averaging.
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Not my first time showing you this article.
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To illustrate this point, does it matter if
you bought stocks at the highs over here and
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later it drops like a rock to here.
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Go back in time to 2018 and imagine the pain.
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Now take that pain and multiply it by 10 times.
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1 time, 2 times, 3 times, 4 times, you get
my point.
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If you bought at every of the highest point.
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This will be your average price.
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You love the business, you understand the
company, you hold on.
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OMG it tank further.
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The pain now, triple it.
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But you continue to hold and DCA.
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Does it look stupid anymore?
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Yar, hindsight I should have bought.
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Hindsight my donkey ass.
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Easy to say.
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When you are placed in that situation, your
monkey brain takes over.
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Do you have a monkey brain?
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Why am I so calm?
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This is my projection.
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You seen my evaluation model, you seen so
many evaluation model from other youtubers,
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like Governor of CA Meet Kevin, Tom Nash,
Tesla Daily, Warren Redlich and Ark Invest.
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You decide which suits you more.
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My price target of $4000 per share 2026 - 2028.
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It will be a bumpy right up.
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If I massively screwed up and got it half
right, $2000 per share.
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Means whatever money I put it now, gonna triple.
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Sounds easy, but so hard to do.
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Btw, today is options expiry, I posted my
options play on twitter, I鈥檒l link it below.
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Wrapping up, I鈥檒l be around when times are
good, we celebrate.
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I鈥檒l be around when times are bad, giving
you the reminder that I鈥檓 still invested,
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nothing change and we do what we need to do
to hit our financial goals.
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We鈥檙e in it together, to the moon and mars
we come.
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I hope this video helps, as always, invest
safe.
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