Top 3 lessons from the Psychology of Money 

these are my top three lessons from the psychology of money that can make you money compounding Warren Buffett started investing at just 10 years old I don't know what you were doing at 10 but I wasn't investing and by the time he hit 30 he made his first million dollars and by the time he was 59 he hit 3.8 million and now he's worth almost 100 billion dollars but a lot of that starts because he started investing early and you see the hockey stick of compound interest so invest early negativity sells so be careful who you listen to if you watch the news articles random people on the internet just for the most part want to get clicks and therefore they're going to talk about a recession things collapsing everything's horrible stuff's burning down because a news article talking about horrible recession coming up will get way more clicks than talking about and things are going to be pretty good you know it's not that bad right now nobody cares about that so just be careful who you're listening to investing doesn't have to be complex in fact one of the best ways to invest for most people is just going to be in low-cost index funds like the S P 500 or vti so if you enjoyed this video don't forget to follow me

Channel: Gabe Bult

Views: 156,399

Keywords:

Id: QhpG1EAz_Nw

Length: 0min 59sec (59 seconds)

Published: Thu Aug 10 2023