People ask me all the time what they should do if they don’t have a lot of money to invest. Should they invest differently? Should they wait until they have more money saved? In today’s video, I’m answering your questions. http://bit.ly/2aTH6qj

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41 COMMENTS

  1. Some folks are upset that he provided no info about how to invest 1,000, but he did. Educate yourself on investing. For those who don't want to spend money on the books can read through Warren Buffet's annual letters for free. But the biggest tip in my opinion is to buy good companies that are undervalued due to some CORRECTABLE event eg Chipotle back when they were have all those food poisoning problems.

  2. Nope! I don't have a fear of losing money just didn't make the time but researching a lot about because I start just like all things I do in life before I take action to reduce mistakes

  3. Yes. My husband is very Cautious with his money therefore we never invest in anything and the money sits in the checking account for years and years. how can I invest my money and have my money work for me?

  4. No one got the point which was basically: if you have to ask "should I invest 1000 USD or wait til I have more money" then you are not asking the right question, you should be learning from the best value investors and then figure out on your own.

  5. Taking losses while investing is inevitable. But it is keeping them "small" that makes the difference in your returns. Indeed, Buy & Hold is dead and Buy & Protect has replaced it. Get educated about how the markets flow and you'll do yourself a huge favor for your investment portfolio. Howard DeMark's recent book is a good one too. Most imporantly, unless you plan to spend an enormous amount of time, monitoring your investments, taking classes etc., you should rely on someone's proven expertise to help you monitor risk in the stock market. Use a Smart(R) Risk Monitor like smartstops.net

  6. Hi Phil. Just read your rule 1 book in audio format. In chapter 7 you talked about some trading tools but it was hard to learn from it without any visuals. Do you think these tools are still relevant in this day and age due to the number of full-time traders out there. Thanks

  7. Resume of the video: If you buy my books you're going to be millionaire.
    Resume of all the videos in the channel: If you buy my books you're going to be millionaire.

  8. In answer to your question, yes. Even after having read your books. I was the sole breadwinner in our household, and was only able to build up an emergency fund. I had to dip into that fund twice, and was relieved that it was there. Now, my wife and I are empty-nesters and our daughter is "off the payroll." I feel more comfortable investing now, but I feel that time is short. We are older, and having neglected our retirement, we only have about $80,000 dollars between a 401k and two Roth IRAs.

  9. Just I don't trust anyone for my money anymore. I am Blank in America and I found I can give any Financial Institute or Bank or any company to work with my , money . Uncle Sam watch my move everywhere I put my money . I have tried many times . So , ooo… Uncle Sam doent like like me as Black to be rich , and he eyes are on me every step I gain any Cent , so , no ! I am fine without giving anybody my money to make me rich .I don't need Noone to do this Job while I am intelligent , I can do it by myself .

  10. I went to his seminar last summer in Birmingham and it was completely free. The only money was out of was my hotel and my food. You can even do an online seminar for free. I also paper trade and now have gone over 1 million dollars. His ideas work. Try it and see.

  11. Yeah I’m very intersted to start bussiness but I’m afraid to lose money because I have a limited amount of money I don’t know how to overcome this fear if you advise me I’m very grateful

  12. Yes i do fear of losing my money because i don't understand the tactics of investing, everytime i watch a video regarding investing, i started more and more confused.
    Can you help me out for the begining?

  13. He answered my question….and yes….I know enough about investing with small amount – there are various options – but spending your time educationing yourself was priceless…but as I said, there are various options….

  14. @Fredrick Prisca  I'm Broke, I work construction my back hurts. I have a 4 year old with autism, I want to give her the world but can't with my job. I can't afford to risk my life selling drugs. I have 10k saved up just sitting in the bank. Aside from that Check to check. Someone told me about crypto farming. I need money for my daughter! Never invested in anything Legal. Should I or just keep playing lotto and praying to GOD I hit. Don't like Gambling or betting on sports, Would rather give my hard working money to a hooker or a vacation if I'm going to lose it, at least I know I enjoyed spending it. What do I do ? I have great credit 811 score. Or should I just keep working and saving my money for a raining day. I'm getting old 35 my back hurts from hard labor and mega millions ain't working. GOD PLEASE HELP ME. my baby is still non VERBAL, I want her to have a good life she is Gorgeous maybe I should use my money and put her in modeling get her a Portfolio she is super photogenic.

  15. I subscribed about 20 minutes ago from watching one of his other videos. But from watching this I’m going to unsubscribe. I sent a video to a couple of my friends and didn’t watch the ending, now I see he’s just selling. It’s all good. But the beginning of the video was OK

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