I wanna share with you my strategy on how to get rich in the stock market, and how people do getrich in the stock market.
And if you're looking forsome sort of magical system, I wanna honor your time, I have no magical system, I have just very basic, very tried and true methodsthat need to be done.
And I get it, as soon asI start to say this stuff, you may be thinking, what? But the thing is, mostpeople just don't do what I'm about to talkabout and then I guess, if you don't believe me, justrun a little Google search, and you'll see all sortsof headlines out there about people barely havingany money in retirement, people not having any savings, and they can get really, really nasty out there.
But like I said, thisis what rich people do.
This is how wealth isbuilt, using this strategy.
And it's a basic strategy.
Now, I do put a little twiston it, 'cause I realize, most people aren't lookingto trade, aren't looking to, whether that be swingtrade or day trading, most people are just looking to invest.
So this video stillpertains to those of you, but like I said, what I do is I like to do and approach all of this in this way.
Now this is, I mean, I'ma little pass this point, but this is assuming thatyou're just getting started and you want a way to getinvolved in the stock market so that you can start to build wealth and you know, grow your money over time.
So this is you righthere, and so this is Sue, and she wants to, right, start to make some money in the market.
Well, the first thing sheneeds to do is right here.
Okay, this is step one, and I get it, a lot of people aren't gonnalike seeing that, what? I just can't put 50bucks in the stock market and walk away a millionaire, I wanna go Lambo shopping next week, no, that's not how it works, okay, sorry.
You're not gonna be sipping Cristal from your yacht, after youarrive on your private jet, because you have 100 bucks and you can, you throw it into the stock market or you know, the bigcoin market, whatever.
I get it, that's an easy sales pitch.
That's a great marketing pitch, that's just not thereality of the situation.
So you're gonna need a job.
Now this is what I wouldrecommend everybody to do, especially like I said, if you wanna do trading.
I know the temptation is to do this.
So you make a job and let's just say, for example's sake, you have$500 that you're ready to use.
So I mean, after your job, you decide, I wanna put $500 towards growing it.
I want to make this$500 every single month or you know, whatever timeframe that is, maybe every three months, but I wanna put it to in ways that'll actually grow.
Whereas, give it to Netflix, and I mean, I don't get any other, that'snot gonna grow your money.
But let's say you have $500.
The big temptation is, and what I wanna really discourage you from doing is saying, you know what, I wanna be a trader, right, so over here, you wanna trade.
So there's, yep, so $500, 100% of that goes to trade.
I don't like that, and hereis why I don't like that.
Trading is risky.
Trading is difficult.
Now the good thing about that is, what I just talked about, it is, it's high risk, high, high risk to be using your money for trading.
I have no problem saying that, that's the honesty behind it, that's just the fact of the matter.
But if you do it right, if you get knowledge, if you get a strategy, and you approach allthis in the right way, there is gonna be high reward, all right, there's gonna be opportunity out there to do very, very well for yourself.
But you still had to factor in, you still have to acknowledge the fact of this part right here, but it is high risk.
I mean, you could loseeverything if you go caput.
But I would still argue that you still wanna be involved in it, because there is high reward, and now when I say youwanna get involved in it, this is under the assumptionthat you wanna approach it in a logical and a methodical way, you wanna learn, youwanna invest in yourself and you wanna buildstrategies and all that.
So that's what I'm assuming, but it is still high risk.
So like I said, you gottaavoid this temptation.
And you gotta avoid it, and instead, like I said, this is what I've done andthis is what I still do but that's a little more complicated now since I have real estate investments and just other stuff, but this is at the core, this is still what I do.
Instead of just taking 100%of whatever money you have from your job and throwing itinto one avenue, diversify.
So in this situation, andthis number's up to you, take 50% of the 500 anduse that for trading.
That way, only 50% of that moneyis in a high risk category.
So all right, Clay, well, that still means there's 50% left, what else would I then be doing? Well, with the other 50%, Iwant you to invest it, okay? And this is what most people are doing.
Now, if you're someone that says I have no interest at all in trading, well then at this point, all right, 100% of that would then go into investing.
Now what's the differencewith investing versus trading? Well investing has a low risk, sorry, not low risk, high reward, that would be pretty cool, but low reward.
Now what do I mean by low reward? What do I mean by low risk? The stock market, I meanit's a mathematical fact, you just Google it through history, you run some numbers, especially when you start to factor in compounding interest, which is the greatest thing ever, the stock market turnspeople into millionaires.
And there's no doubt about it.
Wait, it turns people into millionaires? Why are you sayingthat's low reward, then? Because it takes decadesupon decades upon decades.
That is why, yes, over decades, the market goes up, that'sbeen the historical trends since basically the beginning.
Hence the low risk part.
Historically speaking, themarkets go up and up and up, and you can open up a can of worms in terms of why that's the case, what's manipulated, it's, I'm not gonna go there.
My point is, that is whyI consider it low risk, because over extensive periods of time, decades upon decades, in other words, none of this is happening over night, but over decades, it's trending up.
And I'm not asking to take my word for it, just go to run a Google search for historical performanceof the stock market, and find nice little line chart and you'll see that line chart goes up and up and up over time.
Now there's definitely somethings where it goes like that, but over all, the trendis up, hence the low risk.
And then the low reward is, well yeah, it'll turn you into a millionaire, but it's not exactly happening fast.
Whereas in trading, you can generate some very nice returns for yourself in very short amounts of time, relative to decades and decades.
So I don't want this to come across like, hey, start trading, and then next week you're gonna be making these, that's not what I was saying, I'm just saying, comparedto decades upon decades, trading can producesome very nice returns.
But again, we have high risk, so that's where youwanna diversify this cash into a couple different areas.
Sure, put some more in a high, riskier area, such as trading.
But you also wanna startto get some good, firm, passive cashflow thatcomes in by investing it.
Now I should also note, thisassumes you're investing it in a good, strategic, a very wise way.
So that's the otherassumption right there.
If you're just out there saying let me find a dividend stockthat pays 40% dividends, that's what I'm investing in.
That's not a good strategy.
If you don't know whyit's not a good strategy, in fact, I'll put a link below to a video that's all about highyield dividend investing, which is actually aterrible way to go about it and I'll explain in that video below.
But my point is that assumes, both of these assume thatyou're going about it in a valid, a knowledgeableand a rational way.
And then of course thenice underlying thing, which a lot of people, Idon't think even realize, so Sue, once she's doing all this, she doesn't even realize that, what has she all of a sudden done? Well, she has builtmultiple streams of income.
I think that's how you spell it.
I'm sure somebody in the comment section will correct me if that's not right, so thank you in advance.
But what has Sue done? Well, now all of a sudden she has extended her streams of income.
She has the job, she has investing, and then she has trading, and I'm putting the question mark by that, because that one again is the high risk.
So that doesn't mean that that's for sure gonna become an income source, but at least she's trying, at least she's taken on some risk, but she's also not puttingall her eggs in one basket by going all into trading.
She's still puttingherself in those situation where like I said, when done right, that's still gonnaprovide some income, too.
So how do I think you can get rich in the stock market, what is my strategy? Diversify, don't go all in in either way.
If you have an interest for trading, if you wanna learn more about trading, if you wanna do that, thendefinitely get involved.
Just remember, it takesmoney to make money, so ticker symbol JOB, you'regonna wanna start there, and then from there, beginto diversify your funds.
So do you do something similar? I'm curious in the comment section.
Maybe you don't wanna do50%, let me know your split.
Maybe some people aresaying, no, I do 70% one way, 30% the other, so I'm curious if you do something similar to this, let me know in the comment section, what sort of percentage splits do you use.
I'm not saying that it's gotta be 50/50, but I would say that's a good starting place to base things off of, and then you can build from that point, but like I said, let meknow in the comment section, or if you just have anyquestions in general.
If you enjoy the video, please hit that like button, also check out the channel, lots of other types of videos, and hopefully you decideto become a subscriber, 'cause I'd love to have you as a subscriber to the channel.
So if you check stuff outand you like what you see, please hit that subscribe button.
But again, if you're short on time, you don't have time to leave a comment, just hit that like button, thanks for hanging out.
First off, thanks so much forwatching the entire video.
Real quick before you go, I wanna invite you to a live webinar, web class, training, workshop, online event.
Whatever you wanna callit, but it will be me, live, revealing to you what I discovered that has allowed me to transform myself from being an employeeto being my own boss, including how I had only one losing day out of 73 days in total.
I'm gonna cover threekeys that have helped me unlock profitable consistencywithin the markets.
The first key is super weird, but in a productive type of way.
The second key is super awesome because it quite literally iswired into our DNA as humans, making it very easy to use.
But in a cruel way, this becomes a pitfall for many traders, I'llexplain it all, though, including how to avoid the pitfall that it creates for some.
And yeah, the third key, when you hear it, sounds way too good tobe true, but it's not.
And I'll show you how it all works.
Then, at the end, I open it up for a question and answer session, that is again, totally live.
Even if you can't make the live session, please still sign upas it will be recorded, and you can go back and watch the replay that I will send you.
Click the image on the screen or click the link downin the description box so you can get the date andtime and claim your spot, which I should note islimited due to the fact that this truly is a live event.
If you have any questions, let me know, if not, I'll be seeing you soon.