what if I told you that you can grow your wealth and grow your skill sets even
while stuck in quarantine by the end of this video I'm going to teach you how
you can grow your wealth and how you can also grow your skill sets while being
stuck in quarantine so that way by the end of this quarantine you're gonna come
out a lot more richer and you're gonna have a lot more skills that you can
provide value to the marketplace with that being said let's cue the intro
if you're new to my channel I'm Jon Cruz I'm 28 years old I've been serving in
United States Air Force for a total of 8.5 years and I plan to
transition into the Air Force Reserves from Active Duty once I hit my 10-year
mark in June of 2001 once I transition into the Reserves I plan to enter the
real estate market full-time and also do real estate videography back in
California the goal of my channel is to help you be successful before during and
after your military career and to transition successful into the business
world on my channel I will also teach you how to grow your finances how to get
out of debt how to build your own business how to invest in stocks and how
to invest in the real estate market so be sure to subscribe to my youtube
channel and hit the notification bell on the bottom so that you can be notified of
every single video that I post and not miss out on any valuable information and
also make sure you smash the like button so that way it helps with the YouTube
algorithm to boost this video and allow other viewers to view the video and receive
the same information you're receiving so one of the great things about this
quarantine is the amount of downtime that we now have and being able to take
advantage of this downtime and capitalize on it to improve your skill sets
and improve your finances are two of the
best things that you can now do during this quarantine for me personally I've
been taking advantage of this quarantine by studying stocks real estate
videography and much more so you can do it too and capitalize on the downtown
that you have and use that to build your skill sets and your wealth one of the main
things I'm going to be teaching you in this video is how to invest in the stock
market as a beginner and right now is the perfect time to invest in the stock
market specifically because of the discounted prices that are now available
on a lot of stocks especially in index funds because with the whole pandemic if
you've been following the stock market the stock market has been going down like
crazy the last time the stock markets gone down this much was back in the recession
that was a long time ago and right now is the best time for you to get into the
stock market if you're not already investing in stocks because the way of
you is with the stocks going down right now now is the best time to buy into
those stocks that you wanted or even those index funds and buy in at a
discounted price and then buy and hold and over time your investment
during this pandemic is gonna pay off ten-fold in the future comment
below what you're doing during this quarantine to take advantage of the
downtime that you have and make sure you smash the like button to help with the
YouTube algorithm and help this video get promoted some of the resources that
I'm currently using to grow my skill sets is Udemy and Skill Share those
two websites are picture like for example a Netflix type website but on
the website there's several different videos of different subjects you can
learn or skills that you can learn and each skill is taught by usually a
professional or an amateur in that in that field that has a lot of value that
they have to offer and I'll post those links in the description below as well
some of the other skills that I'm working on is videography through a
course that I purchased a Fulltime Filmmaker if you're interested in that
course as well it's in the description below it's been a very great course
for me so far I've been able to shoot a ton of videos and learn how to film
YouTube videos like this and in the future I'll make a video showing you the
gear that I use the equipment that I have and how Fulltime Filmmaker has
really helped me a lot another course that I'm learning from is Course Creator
Pro it's also by the same owner of Fulltime Filmmaker Parker Walbeck and it
teaches you how to build a business how to market how to create an online
platform to teach others and how to create a digital product to sell into
the marketplace and eventually I would like to make a course on how to create
how to market all of that and package it all into one nice package for you guys
but that's one of the courses thats teaching me how I can do that I'm also
watching a lot of videos on YouTube of my favorite YouTubers that talk about
finances real estate stocks some of my favorite YouTubers is Graham Stephan for
example he's in California as well Graham if you're watching this video
man you are one of my biggest role models that I've been following for
quite a while now and I am so stoked to move back to California and get into real
estate and I think that your channel has really helped me out a ton with getting
my real estate license and being able to prepare mentally for what life is going to be like as a realtor
another YouTuber I watch is Chris Kohn he talks about real estate and stocks and it's
a very valuable channel I think that you can also learn from
other than YouTube if I'm in the gym downstairs on the treadmill I'll listen
to podcasts or just throughout the day I'll have the podcast playing on books
that I like like for example one of my favorite books is Rich Dad Poor Dad
which teaches you all about how to manage your money finances how to manage
your time the four different quadrants of money and how to move from working in
a job to owning a job and then from working on a job making that business work for you
and then making your money work for you that's a really good book Rich Dad Poor Dad
these are all podcast I listen to as
well on Audible and I will tag them below as well the two biggest things I've
been trying to study up on right now is real estate and stocks because right
now is such critical time in my career for me because I'm transitioning out of
the military that's what I want to do full time is real estate and also learning
stocks right now is so critical because of the pandemic were in this is a good
time to invest a lot of your money into the stock market specifically I put all
of my money into a Roth IRA I maxed out my 2019 Roth IRA and I'm trying to max
out my 2020 Roth IRA in the next few months which leads me to my next point
is one of the brokerages I use for investing in stocks is Charles Schwab
and I highly recommend Charles Schwab because they are a
very reputable brokerage they've been around for a long time they're 10 times better
than Robinhood so if you're on Robinhood I highly recommend moving away from Robinhood
and going to Charles Schwab
I actually had a Robinhood account and I ended up swapping over to Charles
Schwab like immediately during this pandemic because there was three times
that Robinhood actually crashed and I was trying to place some purchases during those times that the app
crashed and those just based off of those three experiences
I moved over to Charles Schwab and if you also look at the reviews on the AppStore
of Robinhood Robinhood has just been getting destroyed with reviews on how bad
their service is and what really steered me away from Robinhood and going into
Charles Schwab is if you go on Robinhood's website they don't even have a
fucking customer service number listed anywhere you have to like scour through
the internet just to find a customer service number somewhere eventually I was
able to find one because I would have transfer all of my stocks from Robinhood
into Charles Schwab but it was it was an uphill battle
whereas if you go to Charles Schwab's website they have 24/7 access to customer service they
have videos teaching you how to use the platform how to invest what a Roth IRA
is how to create an individual account I highly recommend it because it also is
gonna be ideal for you to sign up the sooner the better because with Charles
Schwab you can create a Roth IRA you can have an individual account you can even
create a checking and savings account the list is endless honestly with Charles
Schwab I highly recommend Charles Schwab
it's one of the brokerages I personally use I'll post a link below official disclaimer
the link below is an affiliate link I'm not earning any money from it
though but if you sign up with my link it entitles you to earn up to a $500
bonus depending on the amount of funds that
you deposit into your account the link will be below if you are interested in
over to Charles Schwab or creating a Charles Schwab account and in the future I
will make a video on how to navigate the Charles Schwab brokerage platform how to
buy how to sell i'll going into all the basics on stocks since those are
future videos I plan to make as well to help you out and to help you grow your wealth through
investing comment below what brokerage you're currently using if you're using Robinhood
more power to you I'm not hating on them at all but just from the
experiences I had I just feel like Charles Schwab is a much better platform
to be on and make sure you smash the like button too to help with the
YouTube algorithm and to help this video get promoted right now such a crucial
time for you to get into the stock market and not wait another day because
time is money and the longer you wait to invest in yourself and into stocks the less money
you'll make in the long run for me I already feel behind the power curve
I just started investing I'd say two or three months ago
I've been able to build up my portfolio to a good amount and I've been able to
make a lot of gains on my portfolio right now I'm sitting around it's around
10k in my portfolio I have about I think it's 7k in my Roth IRA and about 1k in my individual account
but every paycheck that I'm getting I'm throwing about a $1000 every single paycheck twice a month
so around 2k into my to my Roth IRA just to try and max it out and then the stimulus check
that I am just now receiving I'm pushing that into an emergency savings fund which I have
another link for that if you go over to American Express they have a high yield
savings account of 1.69% APY and annual percentage yield and
that is much more than any other checking or savings account that I've
found anywhere I personally have an account with USAA and Navy Federal
but their savings accounts are less than 1% if even it's like 0.01 something it's like less
than a percent whereas American Express percentage is 1.69% almost 1.70%
and if you set up a savings account with them just throw all of
your savings into that I guarantee you will get a return on your investment
over in the long run so I'll post a link to that as well below if you're looking
for a high yield savings account so that way you can make your money work for you
instead of just leaving in a low savings account like USAA and have it sit there
for 10 years and you'll only get like a couple pennies out of that well if you
stuck around to the end of this video I hope that you are now much more informed on
why you need to start investing in stocks today and not tomorrow and how you
can grow your wealth and your skill sets during this
pandemic and capitalize on the quarantine or the downtime you now have as always
make sure you subscribe to my youtube channel and hit the notification bell at the
bottom so that way you do not miss out on any valuable information that I post
in the future and make sure to hit the like button one more time if you have
not already and make sure you check the description below for all the links that
I have discussed in this video and also if you like military merch check out
moralecheckapparel.com I have the link in the video below this is my
clothing brand that I created it's a military humor clothing brand show us
some love show us some support and thank you all for watching this
video if you have any further questions please let me know peace!
you