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Hey friends, in this video I'll give you a complete breakdown of how to get started with investing your hard earned cash, what various terms mean in the financial world and how to avoid taking high risks.
You can watch an ad-free version of this video on Nebula - https://nebula.tv/videos/ali-abdaal-how-to-get-started-with-investing-2020
🍿WATCH NEXT
The Book that Changed My Financial Life: https://www.youtube.com/watch?v=Gg8_TA7U0Uw&t=213s
7 Side Hustles You Can Start: https://www.youtube.com/watch?v=4V2ZwgJw62I&t=331s
The Best Book I've Ever Read about Making Money: https://www.youtube.com/watch?v=Gx2vyi4JcV0&t=513s
Additional resources:
Graham Stephan - https://www.youtube.com/channel/UCV6KDgJskWaEckne5aPA0aQ
Andrei Jikh - https://www.youtube.com/channel/UCGy7SkBjcIAgTiwkXEtPnYg
Mr Money Mustache - https://www.mrmoneymustache.com/
JL Collins Stock Series - https://jlcollinsnh.com/stock-series/
Ramit Sethi - I Will Teach You To Be Rich - https://geni.us/YkKIk
Your Money or Your Life - Book Club - https://www.youtube.com/watch?v=TgOmBWdK84k
PS: Some of the links in this description are affiliate links that I get a kickback from 😜
00:00 Intro
00:56 - What happens to my money over time?
02:00 - Stop money from losing value over time.
02:35 - How do I make money?
03:52 - What is an investment?
05:34 - What are shares?
07:09 - How do I buy a share?
08:17 - How do I decide which shares to buy?
09:34 - What's an index fund?
15:12 - Isn't investing risky?
20:55 - When should I get started?
23:39 - How much money do I need to get started?
25:39 - How do I begin?