since the year 1935 history tells us that it's worse to sell early than it is to sell too late
and with the turbulent gear that i think we're gonna see in 2022 in the stock market and the
crypto market those who sell out of fear could end up losing the most money so check this out
for a second if you invested ten thousand dollars into the apple stock for example
in january 2018 and you got mad at how bad that year was and you decided to sell out at the end of
the year for what is now a total of four hundred and sixty one dollars which means you lost a total
of five hundred and thirty nine dollars from your ten thousand dollar investment but instead
of selling out and getting frustrated with the market if you would have just forgot all about it
today flash forward to the end of 2021 your 10 000 investment in apple would have grown to 43
196 dollars with dividends reinvested so in this video i'm going to share the best ways to invest
for 2022 and share with you an update to our youtube portfolio now if you think about it not
just losing that five or six hundred dollars in apple in 2018 you also lost an opportunity cost
which was 33 196 dollars of potential opportunity growth and that is why the title of this video
is why investors could lose thirty thousand dollars it's about the opportunity cost of
selling too early so let's go over the steps of how to invest in 2022 before we get to
the youtube portfolio step number one is you need to identify what type of investor you are
here are the three different types number one is a beginner you're just starting off
you don't have a lot of money to invest but maybe you could cut down on some expenses
and afford maybe five dollars a day something very small that you can say i'm gonna get started
with investing i'm only gonna do five dollars a day and that's all i can afford that's great
you're a beginner and embrace that and get excited about it or are you this type of investor where
you're called a builder a builder is somebody who doesn't have any consumer debt at all then
maybe they could invest a thousand dollars a month and that's beyond what they're putting into their
retirement accounts roth iras and things like that if you're able to do that you're considered a
builder the last type of investor is the gangster this means you have everything on lockdown you're
maxing out your roth ira you're maxing out your employer sponsored funds you're making tons of
money and you have no doubt and for bonus points you have no mortgage and no rent payment either
if that's the case you can do two thousand five thousand or more per month into your investments
so think about that what type of investor are you then let's move on to step number two you need
to determine your risk and your mix this means do some basic research on what you're most interested
in and what you most understand anything from technology to emerging markets or even
cryptocurrency that's where you need to determine what your risk tolerance is and what you're most
passionate about now for the stock market i like to invest in the etfs because it balances out my
diversification and i can spread it out by just buying one share of an etf for example vo is a
good one voo is an etf that tracks the s p 500 the top 500 companies based on market cap that would
be a great place to start and then you can own basically 500 different companies and this fund
takes care of it all for you maybe you want to get into cryptocurrency what type of crypto bitcoin
ethereum some of the altcoins what is most interesting to you now if you're not too sure
where to begin when it comes down to stocks and crypto and where to do that it's best to start
with a commission free brokerage the one i use the most right now is weeble and actually for a
limited time they are offering up to three free stocks valued at three thousand three hundred
dollars and a free five dollar crypto reward simply for getting started and making your
first deposit and your first trade of stocks and crypto what i've used since uh now like what two
years link down in the description below if you want to get started with what i'm personally using
right now step three is to take what you did in step one and two and start your investing process
just start investing and don't worry about when it dips don't worry about when you open your account
and you might see red numbers that's going to happen but going back to what i shared earlier
it was found out that since 1935 at the peak of the bull market we can see that the post
peak looks pretty bad thereafter you can see right here on this chart negative 13 and negative 16 but
over the long term the net before and after still shows about 5 growth and in fact the s p 500 over
the last 50 plus years has grown at an average of 10 per year you can have the years where you're
up really really high and the years that you're down really really low but overall it is average
10 growth per year and as we saw in the case of apple those people that don't change around their
investments and simply just aim to continue to add to their portfolio end up growing the bigger
portfolio over the long run so let's say you're a beginner you only got five dollars a day to invest
you know what i'll back it up even more you only got one dollar a day to invest the best way to get
started is get started today and stay consistent it doesn't matter what you choose that's why you
want to make sure you're following step number two to find what you're most passionate about or what
you're most interested in and then just start a daily consistent habit now earlier this year in
2022 i asked the youtube community what they think i should invest in when it comes down to an etf
as well as a cryptocurrency what i decided to do is invest five dollars per day five dollars into
the stock market and five dollars a day into cryptocurrency every single day this year it's
gonna be really kind of fun at the end of 2022 to see where we're at so make sure you subscribe
so you don't miss out on these updates so let's hop over and check out the update on where we're
trending for both our stocks which is covered by vo which tracks the s p 500 as i mentioned earlier
and our cryptocurrency ethereum so we're going to take a look at january and before i actually
share this i got to say that this is not advice to you to buy hold or sell any type of investments
including the two that we're doing in the youtube portfolio so i'm gonna start over here with vo
and then i'm gonna show you right here on the right hand side i have my ethereum cryptocurrency
these gray days represent days that the stock market is closed here we had a holiday for mlk day
and here we have the weekends so what i do since i can't invest on the weekends
is i make up for it that following monday by investing an additional ten dollars to cover
the five dollars in between saturday and sunday up here in ethereum crypto market is always open so
every single day i'm gonna invest i did mess up in the earlier part of the year by not having my
automatic investment set up correctly but now i got that fixed and it's been on autopilot
ever since january 13th so the first thing i want to talk about is the fact that right now
i have a total of 150 invested over here in vo and 175 that's a little bit over what i should have
invested in ethereum but that gives me a total of 0.05 and 0.35 of vo so it's not a full share but
it is a fractional share but eventually it will add up to a full share once we get enough
now i do need to update this and this is what i was kind of waiting on right now the current price
is what i need to look up so i'm going to pull up my account and take a look at this if i look at
voo for example it is currently going for 420 and 23 cents i'm going to type in that and now you can
see i'm actually positive i'm up 60 cents so of all the money i put in i've gained an additional
60 cents doesn't sound like much but when you're just starting off this will continue to compound
over the long period of time let's take a look at ethereum now ethereum is currently going for
what was 23.39 is now all the way up to 32 23 43 which means i have profit of 4.16 so far not bad
now what we're also looking at when it comes down to the portfolio is because i'm doing
five dollars every single day into both the stock and the crypto market this is what we
call dollar cost averaging here's a great example that if we come up here to the top you can see
vo on the very first day of the trading era of 2022 it was going for 437 per share but right
now it's only 420 dollars and 23 cents if i would have taken all 150 and put them right up on the
very first day i would actually be at a loss but i'm not at a loss am i and the reason i'm not at a
loss is because i have averaged the price over the long period of time you can see even though it was
at 437 you as it comes down here especially this time now we're below 400 and i'm still getting
my five dollars per day so the average of all that money i put in based upon the current price
i now am up 60 cents same thing here with ethereum right now it's only 3 200 if i put all 175 dollars
in on the very first day the price was 3751 which means again i would have been at a loss
but because i've been averaging every single day with only five dollars a day i'm taking advantage
of when it dips all the way down here to the 2000s and then i'm getting a little bit more
that's the beauty of dollar cost averaging instead of just throwing all your money in all at one time
now you don't always have to do it every single day you could do it once a month once every couple
months that's all fine it's just a matter of don't throw all your money in and never invest again
it's great to continue to invest especially when the stock market or the crypto market comes down
because then your average price for all of the shares that you're going to own
becomes a little bit less and then when it goes above that average price point you're in the green
you're making money and that's a very good thing so what type of investor are you drop a comment
down below and let me know until next time check out this video and we'll see you on the next video