DiscoverInvesting in Stocks & Crypto for Beginners
Investing in Stocks & Crypto for Beginners
Author: Brent Calis & Danylo BobykSubscribed: 54Played: 176
© Brent Calis & Danylo Bobyk
We won't promise you lambos and quick 10X returns on your portfolio, but we'll share the tools, strategies and mindset to be a better investor. Whether you are into the stock market, cryptocurrencies, digital assets, ETFs - We got you covered.
On this episode of the Two Random Dudes Invest podcast we discuss how to prepare your portfolio for stock market corrections. Should you sell everything? Should you rotate out of high growth stocks into value plays? Everybody will have a different strategy, but the important thing is to actually have a plan and to stick to it. Corrections and crashes are always around the corner and learning to live with them will help you be a better trader and investor. Remember, the goal is to buy low and sell high. Or to pick stocks you can hold in your portfolio for multiple years without having to check your account daily. Our instincts play tricks on us and make us take on more risk when stocks are high, but maybe it’s better take more risk when they are going down. Is the correction over? Nobody actually knows the answer, but together we are stronger. And together we can grow. •••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• Our favourite charting tool / Trading View /with free version / 30$ OFF for paid with the link: https://www.tradingview.com/gopro/?sh... Recommended platform for Canadian beginner investors: Wealth Simple | Get 10$ free when you signup with this link: https://my.wealthsimple.com/app/publi... Danylo's favourite trading platform | QUESTRADE | get 25$ when you open an account: https://start.questrade.com/?oaa_prom... •••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• DISCLAIMER: We are two random dudes on YouTube. All content in this video is for entertainment purposes only and NOT FINANCIAL advice. The stock market is very risky and you can lose a lot of money (or all of it). Always do your own due diligence. ••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••
In this podcast we discuss the mindset needed to be successful in stock trading and crypto trading. What are the strategies you need when investing your money? How can you make the most money when investing in the stock market? What are the best ways to use psychology in the markets to make better decisions when buying a stock like tesla or making your first investment in crytpo currencies like bitcoin.
Should You Invest With Debt?!
We ask the question if you should invest with debt. We discuss the importance of paying off debt before investing in the stock market or cryptocurrencies. What is the difference between mortgage debt and credit card debt? What are the best ways to pay off debt in order to invest? Danylo and Brent break down their strategies for saving money and generating income in order to start buying stocks and cryptocurrency. If you're a beginner into the stock market and cryptocurrencies, this is a great place to start your journey.
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