I first started investing back in 2017. It was my second year of University. I had some extra cash lying around and kind of wanted to try investing. To be honest, I had no idea what I was doing.
I remember having said there were such ambiguity when it came to investing because I didn’t get prompted to do this right by my family or I didn’t have friends around me that were investing themselves. I kind just went in cold turkey and bought a few stocks here and there. I again had no idea what I was doing.
I actually ended up finding Jeremy Lefebvre a few months in, and I was at least able to save myself some capital gains. I was extremely emotional because of lack of confidence. I was winging it which which was it wasn’t working out.
I found Jeremy and started following his YouTube channel. I watched all his videos and took notes throughout. I ended up actually signing up for his “Becoming a master of the stock market” course, which was a huge game changer for me, not just because, he’s he was somebody I trusted with the information that I was being taught.
All right, folks, another member of the financial fortress, Chris, how are you doing? How are you? Not too bad. Not too bad. How about you tell the viewers a little bit about yourself, man, and how your investor journey a little bit and how you came across me himself? Sure sure.
So basically, I started, I first started investing back in 2017. It was like my second year of University. And I just had some extra like as much as a University student can have some extra cash lying around and kind of wanted to try this investing thing out.
To be honest, I had no idea what I was doing. I remember having said there were such ambiguity when it came to investing because I didn’t get prompted to do this right by my family or I didn’t have friends around me that were investing themselves.
And so I kind of just went in cold turkey and. You know, bought a few stocks here and there, and I was, again, had no idea what I was doing. I actually ended up finding Jeremy a few months in, and I was at least able to save myself some capital gains, losses.
When I started talking to me about, like, you know, you should actually look into a company beyond the price action. Because for me, at that time, if the stock went up that day, it was a buy. And if it went down, it was a sell. I mean, I was extremely emotional, lack of confidence. And I pretty well was, you know, winging it, which which was it wasn’t working out.
So, you know, like I said, about two or three months after I got to the market, I found Jeremy started following his YouTube channel, watching all his videos. took notes throughout. It ended up actually signing up for his becoming a master of the stock market course, which was a huge game changer for me, not just because, you know, he’s he was somebody I trusted in the information that I was being taught.
I kind of believed in, but it was also like it was like a massive timesaver because something that I found when you’re starting out, you kind of don’t know what’s important to know and you kind of don’t know what you don’t know at all. And so by.
You know, I felt like it just by putting it in front of you, I kind of helped me skip ahead of the line a little bit. And jump start my investing career. Nisman man. And like you said, so you travel with I guess you didn’t you didn’t. You seem like you didn’t know much at all because you were selling on things by buying on days.
That’s obviously a risk. As I said, if anybody knows about the stock market in depth, like what was the biggest struggle you probably dealt with because you obviously didn’t know anything. Right? was it like overwhelming to think that you knew that you wanted to learn the stock market from like a hole? Was it.
Do you think it was overwhelming at first, if you hadn’t had, like, Germany, this group. Right so I guess to your first point, like, fortunately, I didn’t have a lot of too much capital in the market at the time. And so my losses were, again, limited to maybe a couple dollars. But, you know, it’s still in Robinhood shows your overall summary is red.
And like, my first goal is actually to get that whole thing to be green. That’s kind of like what actually got me initially into it to make a change. But in terms of like what I kind of struggled with, it’s like I was caught up. So much in the short term. And I kind of got hooked with know technical analysis of day trading early on.
And so that’s kind of all that was kind of like my main focus. I thought of, you know, I thought snapchat, you know, people are talking about that. So I’m going to buy that right now. And, you know, it would go down. And so I would just assume that, you know, something bad happened. And I would sell. But I did.
I was, like, really naive and not thinking about, you know, more about the information and. Yeah and the fundamentals. And so a huge struggle for me was actually getting past that hurdle off of that short term mindset. Yeah you’re like, I guess you’re right, because like me, I was pretty much the I was very similar when I first started, when I had no idea.
I thought of it as, like a frickin’ lucky thing, like, you know, I’m good. We’ll get in. I’ll do some work right through whatever you like. Oh, Cheers. Going up the keep going or and I had a financial background, which is crazy to think that like I would know, but like it’s, it’s just it’s a completely different game, then.
And what was it that like kind of resonated with you about Jeremy’s content that made you feel comfortable, continue watching him on YouTube and say, I can learn from this person. I would say just basically his ability to concisely and concisely convey information and entertainment in an entertaining way to somebody who.
Had like nothing, had no sort of background to start, you know, it’s like I remember watching him, you go over how to read a balance sheet or, you know. Reasons to sell a stock beyond just, you know, just because you’re up in capital gains beyond that, why psychologically would you want to sell it and things like that?
And I just I just find it incredibly helpful and. And just, you know, somebody to take the time to do that, because he just, you know, every day he is teaching me something that I didn’t know. That’s one thing, too, was the fact that he just he’s able to convey very complex information and complex and complex issues in a more humanized manner where like you’re talking to someone one on one.
And obviously, if you don’t know anything about the stock market, the last thing you want to hear is frickin’ Wall Street lingo. Exactly and you’re able to kind of get that in regular human life language. It’s like this thing is for everyone.
If you just kind of get through that language barrier. Right and it’s not just about like going over and making concepts like that more digestible, but it’s like, you know, I was in accounting cause actually when I had started watching his video and how to read a balance sheet. And, you know, sure, I might have recognized a lot of the line items on there, but he kind of centered my attention on what to focus on there, because it was not all worth it.
As an investor, obviously, everything is only that you need to consider it. But in terms of major points, you know, he was like, we really need to pay attention to the debt and how much short, short and long term investments in cash. The company has relative to that debt. And you know, why is that important? Well, in hard times, the company is going to need to be able to sustain themselves.
And if they don’t have the assets to do so, it’s going to be problematic for your investment. So things like that. I found super helpful. And we weeded out a lot of the unnecessary information and all the because like I said, like if you’re looking at it from a first time point of view, it’s like there’s so much information to absorb.
It’s so, you know, where to start. And if he’s able to kind of weed out everything and kind of gives you just do what you really need and that brings you to the becoming mass massive the stock market. Like what would you say?
That the becoming mass of the stock market, of course, is from an insider’s perspective, someone that’s taking it and you’re telling it to someone that has never seen it before, doesn’t know anything about it.
What would you explain it then? How would you explain it? I would say it is a. A comprehensive, comprehensive review of exactly kind of how to research and evaluate potential investments, obviously companies, public companies in the stock market, it provides you know, there’s no secret sauce at the end of the day, but it is essentially just a great tool and resource in order to build a solid foundation when you’re kind of a newer investor and you’re getting started in the market.
Obviously, this information, you could go out and find it yourself. But I think there is some magic to having somebody with the credibility of Jeremy and his ability to explain concepts. And things like that kind of bring it all together again, prioritizing what’s important. It’s like there’s all kinds of information you can learn about, but it’s not all relevant.
And so anybody who starting out, I’d say, you know, in short, it’s a great. Way to build that foundation, to kind of take that next step as an investor? Yeah, I think that’s clearly explained it pretty well. How about, like, the psychological game?
Does it doesn’t it help you? It more like thinking about the market differently than you would like as a new investor. Yeah, 100% I remember watching some of the videos early on in Germany talking about how things to listen to in managements sort of presentation on the conference call. Know he was he was like talking about ways to interpret the inflections in their voice.
And like, I really like, you know, detailed it in terms of what that could mean in terms of the company’s performance. If you have a CEO who just seems completely bored and bored of that as they’re talking on the call compared to somebody who is, you know, exuberant and really involved, I mean, that says something not only about their management style, but more about if they truly believe in the company.
And if it’s worth investing in. Yeah, it’s actually pretty cool that you mentioned. It’s like very subtle nuances that he’s kind of picked up over like a 13 year investing career, as you said. And how about the private group, the private chat room? I mean, to be honest, my favorite part is probably that just because, like.
It becomes a massive stock market, gives you the fundamental knowledge, the basics, and it allows you to go in there and actually just test out your thesis, test out your like just speaking to people that are invested in the market heavily, that have been in the market for a long time.
I think it brings up your confidence. While he said that for me, it brings out my confidence, it brings up my knowledge and also just saves me time on my research. How how would you how would you found it? Well, like from a very basic level, having like a support network already is sort of a huge, huge benefit because you can throw ideas back and forth.
And hear other people’s opinions. And, you know, the thing I you know, I don’t stock up first and found that that was a very valuable area of information, especially since because there are other platforms where you can do this. But the difference being they’re not really moderated. And so the information is kind of loose.
And there’s I definitely found more value in stock relative to some of the other platforms that I’ve used. But I decided to finally, just sign it for the private group. And see what it was about back in, I think it was October. And just having that higher network of individuals who, because there are a lot of 6 and seven figure investors in there, being able to really learn from people who kind of have walked the path before me.
And and hear their thoughts. And I take them a little bit more seriously than, say, another investor. Not to say that that’s an indication of their. Of their words, but like. It shows that they did something right. And they were able to sustain themselves, and so overall, it’s just I agree is a huge timesaver. You get a bunch of high, high quality individuals come together researching a stock and sharing their information.
And now I can review it and not have to go do it, per se myself. I mean, obviously, everything is going to be looked at carefully, but it’s a very, very helpful. Yeah, Yeah. And I’ve definitely found the mentorship pretty, pretty helpful to me.
It’s just it’s like, you know, it’s different. And it’s different when you’re learning something completely abstract, you don’t know anything about it. And especially it’s money you don’t like losing money, putting money.
You definitely need that supporting group. And like that, people that are on the sinkhole is you, because if you’re alone and you have a conviction on a stock, you know, it takes a lot of guts to say, yes, I’m going to hold the stock for the next five years, but it takes a lot of guts.
The risk management gets stronger and the risk gets mitigated. When you’re around a bunch of people that have the same ideas, you. And it’s like I’m not the only one. You know, there’s other people that have the same thought process.
And they said, why don’t you explain to me why? And that’s probably one of the biggest things that gives you that confidence over time. You know, how about how about you show us a little bit of your show me the chart earlier look pretty nice.
But let’s show the viewers how you have progressed over time. Sure thing. Yeah so I just took a quick shower, my screen took a screenshot of my portfolio on the left from the last few blocks the last few months and. Can you see my screen, I can see it now. Yes, the chart. Yep, Yep. OK, cool. So yeah, it might look a little bit obscure.
I mean, I didn’t go from 110 to 120 in a couple of days. I just I transferred my I transferred my portfolio from Robin Hood to fidelity. So that was kind of a big jump. But I think actually, I ended up it must have been just before November when I decided to join the private group. And, you know, of course, there was also know, the Santa Claus rally and everything.
But I definitely made some changes to my portfolio and modified it a little bit. That resulted in quite a substantial gain in a short amount of time. And I mean, honestly, having, like you said, having those the investors, you know, the high level investors in there kind of come together, share their research, saves me time, you know, bounce ideas back off of them, sometimes individually, hear from the coaches who chat.
And there is obviously a very, very valuable tool that. Know pushes you even to that next level as an investor, you know, they kind of say it’s like, you know, six figure stocks of seven figures and seven figures, six to eight figures, kind of surround yourself with people who you aspire to be like.
So, yeah, no, that’s I love how you said it, but it’s exactly what I would say to I mean, like, you know, the compound effect also of like investing just grows over time. More your account grows, the more you grow and the more your account grows, the easier the returns become because, you know, 10% return over.
Exactly obviously, it’s just starts compounding tremendously. And, you know, like you said, a few years at the six figure. And you want to be a central figure. You want to be talking to seven figures. You want to know what they’re doing that got them there.
What are they doing that they are, where they are, you know, and that’s what the group allows you to do. There’s like there’s stages to everyone. You know, if you’re not even at 60 is your club yet, you can talk to people that are, you know, new just like you.
And then you can talk to people that are six to 6 for the club games that are able to do that. You get their habits, you get their research processes, you get everything that they did. And they do. And you also get the mistakes that they’ve done.
So you can avoid them. You know, that’s the whole point, because in the market, like the mistakes you make or money, it’s not like, yeah, it’s like a sport. Like I keep on using that. It’s like it’s not a sport where you make mistakes. You know, you lose one game. Sure you lose two games. Sure you miss a jump shot if you’re a basketball player, anything of that.
Like it’s not detrimental to the. Quote unquote, account, or you as a whole point that in the stock market, the mistakes you make, you actually you lose the money right away to avoid as many as possible, but also know why they happen. And that’s where other people that are ahead of you come into play. Exactly I agree.
Hypersomnia and I wanted to say, for people. You know, people, people that are on the fence, there’s a lot of people on the fence right now kind of thinking about maybe joining, maybe not joining, you know, they’re more concerned about putting money into the portfolio rather than, you know, investing in themselves, investing in their education, joining a private group, joining, you know, getting the course, learning it in depth.
What would you say to someone that was a dear friend of yours? And it’s like he’s going to go and invest in the market, but he doesn’t have the foundation yet. And, you know, with this course, with this program, with this whole private group, is this something you’d recommend to someone that’s close to you?
Definitely definitely, because I kind of went through it myself. I mean, I’m kind of like living proof of of, you know, kind of how that resource can translate into, you know, capital gains and confidence as an investor.
And, you know, things are guaranteed. But if you spend the time. And you kind of really use it, you will, or you will give yourself the best shot of succeeding. You know, it’s like, you know, for the people who think that, no, I’d rather put money into a stock rather than kind of invest in myself. It’s like.
You know, oftentimes investing yourself can produce greater long term capital gains than you would have otherwise received from just investing in that company. It’s like you want to be able to repeat that process over and over and over again.
And so if you don’t have the tools to do so. And you just got lucky, I mean, your success won’t last forever. And then I guess. One other point where people might be apprehensive to do it now and they want to put it off later. It’s like with investing time. It is the limited, really the limited resources you need to take advantage of.
And every day and every month and every year that you’re not in the market from a compound interest standpoint, that could be tens, hundreds, if not hundreds of thousands of in lost. And so I started investing when I was 20 years old. And I really wish I would have even at that point, I wish I would have started earlier, even if it’s, you know, even if I was able to just start learning, just getting a head start. So I could, you know, be ready.
I wish I would have. So that’s kind of my I would recommend hybris. I would recommend this to somebody looking to get started and sort to shape their financial future. Yeah, I would say that you’re the first stock.
You’re like you’re like yourself. You bet on yourself. You put in the work, and it allows you to go and buy other stocks. Like it’s just it’s simple. Like it’s not really, you know, like, yes. You’ll you’ll miss out on a couple of months of that. You have the money in the market, but it’s better than getting in for those couple of months.
And losing money or just like it’s eventually going to hit you. Right you’re eventually not going to be well, fundamentally sound to take advantage of whatever it’s in front of you. So it’s good to kind of invest in yourself better on yourself first and then take it off from there.
Before I wrap it up. Do you have any last words? I mean, just talking about it then. But do you have any last words before we wrap it up? Because I know we covered a lot of great points here, but I’ll leave it to you just yet. I mean, just overall, super appreciative of where I’ve been able to take myself as an investor.
I’m 24 now, so I still have a lot of room to run. You know, I you know, now that I finally decided to stop delaying and take a chance on the private group, I think I’ll probably stick around for a long time. And just to anybody who has any doubt in themselves, like they feel lost, they don’t know where to start.
And, you know, any sort of apprehension when it comes to that, it’s. It you just have to ask yourself, like kind of how can you fix that problem instead of dwelling on it? It’s like it comes down to, you know, if you don’t have to research or value a stock, there’s a process behind that.
And if you are always concerned when to buy or sell that, that comes down to confidence and you sort of be you know, getting involved in the Jeremey ecosystem is something that really addressed a lot of the issues that I had as a newer investor and still developing.
So I just want to thank Jeremy and everybody on the team that kind of helped throughout this process. Yeah and to hopefully some sugar soon. Hopefully I’m on my way. I’m on my way. We’ll get there. And thank you. Thank you for your time. We appreciate it. And I know a lot of people are going to benefit from this, from watching it. And good luck in the future. Thanks so much. Worse