Hi my name is Louis Howes and welcome to the daily motivation show.

How we invest without fear of, oh it's going down, I need to take it out, or like trying to time it, how do we do that?

The first fact I give people is, why do people not invest they're afraid of failing you're

a millennial right so you grew up witnessing 2008 so you're young man and you're

watching the world melting down in front of you for most millennials they are the first generation since the

generation that went through the Depression that is not investing at the

ratio they need to even close. They have more death than everyone probably

right with all the... They have more knowledge death everyone probably right with all the they have more

college debt than everyone absolutely true paying off your debt's not enough you've got to

become an owner or you're always going to be in that place so yes pay off your

debt but here's what you need to know you got to become an owner got to get in the game, but you got to understand the rules of the game.

You don't know the rules of the game. The whole phrase is, you know what a person with experience meets a person with money, we know the phrase,

the money ends up with the experience, the experience ends up with your money, right?

So I teach people the rules in the game so they don't get screwed.

But the most important thing is this, winter's coming, but people react.

So let's take last year, last January January 2016, we had the worst stock market

opening in the history of the stock market. Worst, first I think it was 10 days.

There was a drop of 2.3 trillion dollars with a tee.

Everybody's freaking thinking the bear market's here, the market's over, the crash is here.

I think the market dropped 800 points one day and on that day, all the richest people

in the world were in Davos Switzerland you know for the

big conference that they do every year. MS NBC went there and every freaking what's

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