The closer you've been following your equity investments recently the jumpier you likely are

a lot of Americans have concluded that the Wall Street game may be rigged the whole thing is kind of a, but there's still a huge amount of money tied up in it, not just an individual investing, of course, but in pension funds.

The whole world is tied up in the American stock market.

So how exactly do you succeed in it as an

individual? We thought the man to ask would be the man who's seen both sides of

this business, legitimate and less than, Jordan

Belfort, the Wolf of Wall Street with a new book, The Wolf of Investing, and he

joins us now to explain. You can make a fortune on Wall Street.

Can you make a fortune on Wall Street?

You can, but it takes time.

Yeah, I think, I think, listen, the mistake that people make is that the average person is that you don't have that much money to start.

Let's just choose a number, let's say just $10,000.

Yeah.

It's a random number, right?

You say to yourself, if I'm going to really get anywhere as an investor I need to make a big hit

I get to turn that into like a million bucks I've got to find the next Apple computer the

next crazy crypto token right whatever it might some wildly successful investment, right?

Which leads you to engage in, you know, wild speculation, short-term trading, trying to time the

market, and the truth is, is the opposite.

You don't need to start with a lot of money to end up with a lot of money by doing the exact opposite, which is holding for the long term and all the highest quality stocks and relying on long-term compounding and reinvesting dividends and making small contributions

loan the way but forgetting like you said the noise and people are worried about their equities this is the problem

because as soon as you start buying into that like you know what I think the market might be going down

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