@AnnieHolsen
Biggest lesson i learnt in 2023 in the stock market is that nobody knows what is going to happen next, so practice some humility and low a strategy with a long term edge.
@christinecrispin6553
My father taught me, you don’t touch it until you retire. Other than that … ride that waves! Words I still live by today. ❤
@JanetT.Washington
I started investing when I was 37, mostly through sweat equity. I just turned 42 and this last month was the first time that my passive income broke $100,000 for the month. This is solid advice! DO IT!
@ChristineMyers-wz9xl
Hi, I want to start investing but don’t know where to begin. Any tips or contacts?
@KinseyGrowthThinking
Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.
@Greniumrealty
At 73, if we’re going to enter a long bear market, I might not see the end of it.Quite a sobering thought, Down over 70k, should i sell off and go all cash today?
@Davies-Edward00
There is an equal market chance associated with each crash or collapse. I have seen people accumulate up to $1 million during a crisis, and even make it work in a strong economy if they are prepared and well-informed. Without a doubt, the bubble/collapse is making someone wealthy.
@itsdefinitelytrue7600
I've never played the stock market but that's absolutely true because I remember in about maybe 2001, when the stock market was having problems and a lot of people were super upset and I said just hold on to the stock and wait till it goes back up, they said oh, that's easy for you to say.
@mythicalditto3899
Although this is a very important point, it should almost equally be noted that it is beneficial to know when to cut your losses. Of course you can't really know "when", but I am more so referring to situations when someone might buy into a highly volatile investment that drops dramatically in a short period of time, so much to the point that there is risk of a delisting due to something like bankruptcy, or when we see a case of pump and dump like we did during covid. Especially in the case of some sort of cryptocurrency, where often they will immediately shoot up upon its availability and then permanently lose nearly all value. Point being that ramsey is making an important statement but that we still must consider the context to which this statement is being applied.
@ManagerMatt1
Same with your home; its value is just on paper unless you actually sell it.
@caseybills5517
Is it really worth investing in stocks in 2025, I’ve been on the sidelines watching the market for awhile and it seems to be pretty stagnant to me not that it matters because I’m in it for the long run, but how can one generate actual profit in this current market?
@J.woltz48
Crash or no crash, when rates cut, it might be wise to trim some gains and build cash reserves. With my $250k portfolio in PLTR, NVDA, AMZN and uncertain growth projections, I’m unsure whether to hold or sell off assets to avoid panic. Any thoughts?
@iamliljeffie2305
“I haven’t lost money on my 1999 Accord because I haven’t sold it 🧠 “
@Soldjaguy
This is very true, try and sell when you’re in profit. Don’t sell all of your portion but sell to the point you feel comfortable and then take your profits and reevaluate for the next potential buying opportunity!
@Dwayne-765t
Everyone wants the stock-picking formula. That’s the easy part. The hard part is risk management & position sizing. Knowing when to push and when to back off. Get that wrong, and it doesn’t matter how many winners you pick, you’ll still lose.
@judynewsom1902
The market’s been unpredictable, my portfolio is down by $40k, any tips for improving portfolio performance?
@YayoiXon
I’ve invested in a few of these, but my portfolio is down by about 23%, and I honestly don’t know what to do next. Buying more isn’t an option right now, and I’m stuck trying to figure out how to recover my losses before selling everything. Any advice on how to scale up my returns would mean so much—I’m feeling really stressed because my retirement is getting closer, and I can’t afford to make any more mistakes.
@theindycamaro
Buy during the dip folks ! It’s going to back up, WAY back up soon🙏
@Self-Aware-Russian-Bot
Growing up I had an uncle with the exact mentality and I'm glad he imparted this onto me because it really is a game of "when to cash out" and typically the longer you stay in the more you can make.
@stwida91