10 STOCK MARKET INVESTING TIPS | Wallstreet Trapper (Trappin Tuesday's)
Trappin Tuesday's
Wallstreet Looks Like Us Now Network
4.9 • 2K Ratings
🗓️ 14 May 2023
⏱️ 27 minutes
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| 0:00.0 | On your wealth building journey here's 10 things I want you to take into mind. |
| 0:15.0 | And here's why this is important for you. I realize that we get a new... |
| 0:16.0 | I like to teach high, middle, low. |
| 0:18.0 | I like to teach from all different layers |
| 0:20.0 | so everybody can get into this. |
| 0:22.0 | First thing I need to do is establish a plan. |
| 0:26.4 | You cannot succeed at anything |
| 0:28.8 | if you do not have a plan. |
| 0:31.6 | Right, we're not freestyling our way to wealth. |
| 0:35.0 | The first thing we got to do is establish a plan. |
| 0:40.0 | The plan allows us to understand where we're going. |
| 0:46.9 | The next thing I'm gonna easy to do is understand your risk. |
| 0:49.8 | Listen to me, listen to me well. |
| 0:59.4 | If you know that losing one dollar gonna make you panic, you need to write that down. If you know, if your stock went down $10, you're going to DM me and say a trap. |
| 1:06.8 | Should I sell? |
| 1:10.2 | If you know that, you need to write that down because you got to increase your capacity. |
| 1:15.2 | Next, be tax efficient. I need you to understand where capital gains come in at. |
| 1:22.1 | I need you to understand if you day trading. I need you to understand |
| 1:24.9 | how to play that tax game. Just a little bit better. You get an understanding of it. |
| 1:29.0 | Four, diversify. I'm going to be real with you. You don't need 40 stocks. The cheat code to be in the market is, the lesser the better. |
| 1:39.0 | The cheat code to beating the market is the less stocks you own the better. |
| 1:46.0 | All right, let's go a little further. Don't chase tips. One of the things that I do on here, I don't give tips. |
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