Why Millennials Make Great Investors [Surprisingly!] | Phil Town

Hey folks! Thanks for stopping by to catch my latest video, tell me what you thought and I'll be sure to check back in and read your comments. If you want more insight on what determines a great investment, you're going to love this free resource >> http://bit.ly/2DocXwv

Hi Phil. I've been watching your videos for over a week now. I play them in the car on my way to work and home, I watch them while having breakfast. Basically, anytime I can in between work and building my ecommerce business.

Unfortunately, I live in the UK and it's more difficult for me to buy stocks in the US market. I'll see what I can arrange to start investing in the UK at least.

Since I'm really busy with my job and building my business, would you recommend I invest £200/month in an index fund similar to the S&P 500 to slowly grow until I can quit my job and focus only on my business and investing?

I'd really love to get your advice on this. Thank you!

I feel as if by learning more from sources such as yourself and others that I will be a confident investor very soon.

Still have some qualms as to timing of purchase to find the half value of a company stock etc, but I'm going to keep hungrily seeking information.

Hello Phil, I am a millinnial and also new to your channel; watching this video is really eye opening because I am looking into investing. This video has shown me that I can make a change for the future, and that I have a purpose to make a difference. Thankyou for enlightening me about this

I am not sure I am a millennial, (32) but I think you are right. There are 2 stocks I really want to buy and invest in. They are the elephant of their market with I will guess 90% huge monopoly. Their product will never be out of date or trend or time. Even there is a nuclear war, I think they might still be fine and people will always use their products anyhow even in nuclear winter and they pay good dividend with very low payout ratio. The only thing I might need to do is check the balance sheet every quarter and keep buying the stock whenever the price is low. But the product itself is against my moral value and religious belief. Sometimes, the opportunity looks very good that I almost press the button to buy, but I always take a step back and think like: you know what, I am not doing it, I will find another way of making money or another stock as good as this.

I’m learning so much from your videos. Thank you for sharing your knowledge

The threat of revoking student loan forgiveness for service providers working for 10 years in public service is TERRIBLE and will harm the economy and medical industries, scaring many would-be students away from learning skills necessary for nursing, mental health, etc.

I can't speak for all Millennials but I can speak as one. I don't like that my tax money goes to fund wars. I don't like that our nation can't seem to balance a budget. I don't like that we have older policy makers who scoff at long-term issues and support short term policy gains to win votes.

I'm 24 years old right now I've been learning about investing for a couple months now and plan to start investing soon. I just wish I started when I was 18 or 20

What about Gen Z?

Phil, what do you think about high risk investing? Is it worth it for you?

I would agree with you if it wasn't because we are also the generation embracing the idea of socialism :S

I think the biggest advantage of our generation is the access of information. Leaning how to invest like watching this video is now quick and easy. In the past you had to sing up for a course or seminar, perhaps even in a different city.
Nowadays, it's easy to research a company when all you need to know is a click away. You name it – balance sheets, company stats on morningstar or yahoo finance, interviews with the CEO on youtube or cnbc, etc. Buying and selling shares is also easy – there are a lot of online stock brokers with lower fees than in the past and you can just buy and sell without having to call anyone on the phone.

Well thank you… I think that's the nicest thing I've heard about the TIME I was born (which I had no control over). I love your videos. Thank you so much for always being so honest.

Fear is the worst emotion for making money, followed by greed.
Replace greed with controlled and aimed jealousy and replace fear with cautious timing.
In fear you freeze up and the opportunity passes you buy. Do this too many times and you die poor, never having made any money. In caution, you wait until the technical (and sometimes your intuition) tells you it's clear to enter. Doing it that way makes you money. It's a subtle difference, but you better figure it out.

I don't suggest becoming an investor. I suggest you play the game of life. Win enough card-counting tests and you get your financial freedom. 5% a week or more is the target you want to aim for. If you can do this consistently, you will become rich within a reasonable time-frame, i.e., not when you're goddamn fucking 65 years old.

Student debt is a huge issue. Not just from a financial standpoint, but a productivity/educational standpoint. If university/college/higher education costs continue to increase as they are, eventually people will wake up and realise how bad of a deal it is and avoid further education for simply working hard and working your way up in a company. At some point it will become financially stupid to do further study as you will not receive the return on investment and time needed to make it a worth while investment.

Removing all credit card debt and paper trading/researching, then I’ll be jumping on some great companies with that sweet MOS.

Anyway, it's always starting investing ASAP

Fear of the unknown can be the greatest of them all.

22 years old now I feel observing the last of the 90's, 9/11, the subprime mortgage crisis. This gives me caution as you mentioned. I've got a better scope of the world than if it was doing well. You don't learn as much from doing well nearly as much as you learn from making (or in this case observing) mistakes.

Hi Phil does it make sense to start at the age of 38? I am living in Europe.

Just based on what you have said here, I know that, you sir, are a very wise man.

No.

feeding your demo

I love you Phil, that's all I can tell you in a nutshell 🙂

wow Great video Phil~ …I think you are spot on Millennials~

Im 22 new grad/employed. I so far have about $7000 invested long term. When I tell my peers they seem shocked and think im crazy. They honestly think I have a problem.. I dont know how to explain to them that it's not as scary as they think. Im looking to grow my portfolio 10k a year which is easily achievable for me at this stage of my life.

Im counting down the days to start investing on my 18th birthday (65 Days)

I’m 19 years old and I made 25% with 300$ on Synchrony Financial (SYF) in 2 months. I bought it when I saw that Berkshire Hathaway had bought it and after having looked at the income statement and balance sheet. Pretty happy about this one! I’m letting that compound now 🙂

Hi Phil, I'm an 18 year old student who wants to get started with investing. I've been playing around in the stock market a bit with smaller amounts of money (which really hasn't been going that bad), but I want to get more serious with it. I've been doing a lot of research lately, and the biggest obstacle for me seems to be the valuation of a company. How can you try to find out how much a share is really worth? I understand you can never know exactly, but I'm having a hard time making even rough approximations of such an important factor. Your videos have helped me a lot in undersanding investing, I hoped you could help me with this too. Thanks!

Hi Phil! I really enjoyed your video. As a millennial investor these points all rang very true with me. I loved reading Rule #1 Investing and now I am reading The Intelligent Investor. I did a speech on the power of investing and compound interest for my speech class and the audience really seemed interested. Thank you for making these videos!

Spot on.