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Investing for beginners Now, since my last video on how to invest even when you are getting started, I've been getting a lot of questions on How did you get started investing in the stock market?

That's a very good question.

You see, when it comes to investing, do not get fancy.

You don't need sophisticated, complicated techniques.

If anything, you want to go with something very, very simple.

Something very proven.

Most wealthy people that I know invest in only a number off.

Things could be real estate with the index fund.

Could be the stock market, their own businesses.

That's it.

They're not chasing the latest What you see on Social Media, the latest investment scheme and things like that.

No, they Onley invest in long term proven investment vehicles, stocks.

One of those vehicles, Maybe you're not in a position to invest in real estate.

That's okay.

You're still saving up some money When it comes to creating wealth.

I want you to understand something here.

Skill, right skill.

You're investing skill deaths very, very critical.

But what is more important is discipline, discipline.

Having that discipline don't get the shiny object syndrome.

Let's say you could go back in time.

You and I could go back in time and you invest $1000 in Berkshire Hathaway won Buffett's company invest in death stock now?

At the time, the stock was trading at about $19 a share.

Fast forward today, the Class A shares off pressure Hatheway about $300,000 a share.

If back in the days you would have invest $1000 in Berkshire Hathaway fast forward today, do you know how much that would be worth?

Common below?

That would be worth over $16 million.

For most people, earning $16 million is virtually impossible.

But putting aside $1000 you don't even think about it.

You don't look at it ever again, and one day you wake up, you've got 16 million bucks in your portfolio, but that's not the most amazing part.

Do you know, if you would have invested $1000 since 1964 every single year until today, how much that would be worth?

Your portfolio would be worth roughly $124 million.

Ah, $124 million.

I want you to think about that for a moment that the number sink in.

You see the key to creating.

Well, it's actually very, very simple.

All you need to do is to earn more money than what you actually spend, either through a high income skill or multiplying of skills or a scalable business.

That's all you need to do.

And then you take the difference, right?

A spread, and you invest a difference into some kind of investments.

Solid investments over Long Pier of time.

That's it.

Nothing complicated about it.

There's nothing complicated about it.

You see it?

Let's see if you're making $35,000 a year, does he make $35,000 a year?

Every single person has made most people in their lifetime.

Over $1,000,000.

You take $35,000 a year times that by 40 years.

That's $1.4 million.

That's over $1,000,000.

You have a $1,000,000 slip through your fingers, but we just don't know.

And we don't have the habits off investing and desk issue instead of looking for the greatest investment developed the best, the greatest investing habits.

No, wait.

Do you have money?

Because if you're not investing, deliver the money that you have today.

Guess what.

As you make more money, you're not gonna invest.

It is not gonna happen.

You're making $1000.

You're not investing a dollar.

What makes you think when you make $10,000.100,000 dollars, you're gonna invest more and more?

It's not gonna happen.

You don't have to have it off.

Investing is not about chasing the latest investments.

Now you may be thinking so then what are you saying?

You mean Oh, I need to do It's just politically money aside.

Put it in some kind of low fee index fund, and that's all I need to do.

Yes, that is exactly what I'm saying.

That's it.

People want all these fancy techniques and all these things when you notice when you actually study how investing works and how wealthy investors invest.

That's exactly what they do.

They're not trying to kill the golden goose that lays the eggs to go buy a de Ferrari Know when you have the habits of investing.

Here's how money works.

Very interesting when you get how money works, when you know and when you have the discipline.

More money comes to you when you're not desperate when you feel secure.

Money is a very interesting thing.

When you're putting money aside, suddenly you have more money and you put some more money aside, and then you have more money than you.

When you keep improving and upgrading your skill sets, you can earn more than you invest more.

Now you can enjoy life.

Money doesn't go to the people who need it the most money goes to people who knows how to multiply money.

That's the key.

When you understand how this works, everything is simple, so that's what I recommend.

You don't need to learn how to pick the perfect stock.

You don't need to learn how to pick the perfect investment.

You don't even need to be a sophisticated investor.

If you want to do that, you could.

I'm saying.

For most people.

They simply don't have the time or the discipline or intelligence.

Learn how to do that.

You don't need that to win.

What you need is to have the discipline, put some money aside, invest for the long term.

Now you may be thinking, OK, then I get it.

That's the 40 year plan.

What do I need to do?

30 40 years investing over the long term.

But what if I want to become a more sophisticated investor?

I want to be an active investor.

My 357 year plan.

What do you suggest?

In February, I'm conducting a small, intimate workshop called Secrets Off the Rich for a small group of my students for my fans.

Now, never done this before.

This the first time I'm doing this.

Usually when I do an advantage with a very, very big group of my students, there's gonna be a very, very intimate event I'm gonna teach you.

How do you become a professional investor?

How do you build their foundation?

Some of the fundamentalist that you have to understand So it doesn't matter what you invest in, you would now have the intelligence for the rest of your life to look at different opportunities, to not lose money, not to chase the latest investment gimmicks and schemes.

Any of that stuff?

Las Vegas February If you want to see me life, if you want me to train you in person, this is your opportunity wiggling blow and reserve your seat.

Today, seedings are extremely limited, and I look forward to seeing you in Vegas.