🚀 3 Investing Tips for High Growth Stocks in 2022

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so it's 2022 and if you're anything like me you're already regretting your new year's resolution
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sorry gym membership maybe next year i say that every year you're probably listening to a lot of
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people's investing plans for 2022 allocating this much to stocks that much to crypto maybe some gold
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or even some real estate in there nice the big issue here is the same one as listening to other
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people's new year's resolutions in general it doesn't really help you with your own it's just a
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data point so how come it doesn't help well that's because of something called the behavior gap
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which is the difference between the returns of your investments like stocks and cryptocurrencies
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and the returns of your investments as in when you actually decided to buy and sell them
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the thing you may not realize is that this behavior gap isn't just about investing money
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this could be the difference in the possible returns of your gym membership and your returns
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based on how much you actually used it it could be the difference between your possible return on
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time spent watching finance youtube if you watch the right stuff for you versus your returns in
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actually clicking the first thumbnail that catches your eye the difference between your plan and your
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actual execution of that plan is the essence of this behavior gap and your new year's resolution
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as an investor should be to close it so in this episode that's what we're going to do your time
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is valuable so let's get right into it the first thing we're going to do is clearly define our goal
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why are we investing there's no wrong answer here but you need to be specific
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are you setting yourself up for retirement are you trying to supplement your existing income with
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more passive income are you growing an account for a specific purchase like a house or a car
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do you have multiple goals be clear exactly about why you're investing and when you're trying to
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achieve your goals then go to a compound annual growth rate calculator and literally lay out your
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goal i have twenty thousand dollars i want to afford a brand new tesla model 3 in three years
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which costs fifty thousand dollars give or take so i'm looking for an aggressive 36 percent compound
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annual growth rate over the next three years that's more than the market returned last year
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should i adjust my goal if i'm willing to wait one more year the growth i need goes down to 26
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per year instead of 36 if your goal is more general like building a nest egg or supplementing
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your income that's great just be clear about how much money you're putting in and realistic
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about how much you expect it to grow money in money out and don't forget to account for taxes
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there's no right answer but when you have a specific investing timeline and goal you
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can start researching specific ways to achieve it by the way the further out your goal the more it
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makes sense for growth stocks to be a part of your plan to achieve it the sooner your goal the safer
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you should play it not the other way around each portfolio should have exactly one goal that can be
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measured so you can clearly track your progress along the way if you have multiple goals set up
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separate accounts that way you can accurately track your progress for each goal over time
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instead of being in a constant state of stress this is our first step to closing this behavior
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gap if i ran a fitness channel i'd be saying the same things except for your exercise routine
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instead of your investing routine and speaking of your investing routine that's the next step we're
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going to clean up our bad habits now that you have a real goal the bad habits are easy to spot
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they're the things that get you further away from achieving your goal instead of closer to it
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just like you have a real diet you also have a media diet and just like your real diet is
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mostly caffeine and fast food your investing diet could probably use some work as well
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in my opinion if it's got lettuce it counts as a salad so in 2022 i'm cleaning up my investing
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media diet i'm getting rid of the tools and services that i don't use cleaning out my social
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media and unsubscribing from youtube channels that don't do a good job of valuing my time
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unsubscribing and unfollowing is a win-win for everyone this isn't reverse psychology it's
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common sense it's good for you because you reduce unnecessary distractions and get your time back
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it's good for that channel since they probably just lost an inactive and unengaged member of
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their community and it's good for the platform like youtube since it will probably adjust its
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future recommendations based on what you keep versus what you decide to cut also you shouldn't
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only be keeping the media that you agree with having a biased view on the world in general and
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on the stock market specifically is a great way to crush your own returns you should be keeping
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the media that gets you closer to your clearly stated goal or at least makes you feel more
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informed or entertained or relaxed as a result quality over quantity is a powerful way to clean
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up your current and future investing media diet if you stick around till the end of the episode
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i'll tell you my plan for this youtube channel that way you can decide whether to cut me or not
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in 2022 now that you have a clear goal a realistic timeline for that goal a solid list of resources
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that you're keeping and some time back from all the things that you're cutting the next step is
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to form a plan and build some habits when i get to my desk i check cnn's fear and greed index i
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do it every day because it provides me with a lot of high level information fairly quickly and it
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updates daily it's a good habit the aaii sentiment survey only updates once a week on thursdays so on
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thursdays i check that too in the know with kathy wood comes out on the first friday of every month
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i have a google calendar reminder set so i don't miss it when it comes out it's become my routine
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for you maybe it's a great finance channel or newsletter that you want to start making time for
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maybe it's a specific website or tool that you want to check daily or weekly build a
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little routine to check those few sources that you learned about in 2021 and promised yourself that
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you'd start checking but never really followed up on it trust me i get it things fall through
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the cracks all the time our investing resolution in 2022 is to not let the most important ones
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fall through the cracks anymore here's the thing if you're anything like me you need someone else
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to hold you accountable a gym buddy a personal trainer an app a class with a schedule whatever it
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is you might need external motivation especially in the beginning investing is no different it's a
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skill you build over time and one of the biggest things institutional investors and fund managers
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and analysts have had for years is a powerful network co-workers conferences financial journals
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well guess what retail investors have access to those things too this year you're going to
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join a community pick a couple and just try them maybe it's a reddit community or maybe it's a paid
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community on seeking alpha or the trading floor of kathysark.com whichever communities you choose
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remember they should align with your overall goal it's a place for you to connect with people with
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similar goals exchange plans and resources hold each other accountable and even make a few friends
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not sure which ones to join most youtubers have a community on slack or discord where
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you can chat with other members about the kinds of investments that that channel covers for example
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my discord community is all about investing in disruptive innovation right now it has a channel
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for every major type of innovation that arc invest covers like 3d printing virtual reality and the
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metaverse robotics electric vehicles genomics and space exploration it also has a few channels where
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people can talk about their highest conviction investments the stock market as a whole and the
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latest episode of this channel after i release it joining my discord community is absolutely free
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and it has around 4 500 members right now so if you're looking for a place to talk about advanced
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technology tech stocks growth stocks arc invest and the metaverse this is a solid community to try
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and if you're interested in joining i'll leave an invite link to that community in the description
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below a lot of my members keep me accountable and have helped me close my own behavior gap
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as a result if you're focused on passive income and dividend investing this is not a community
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that will help you achieve those goals see how it all fits together alright speaking of the ticker
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symbol you community let me give you the pitch for my channel so you can decide if i belong
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in your investing media diet or if you should cut me in 2022 remember if i'm a bad fit for you
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everybody loses my background is not in finance i have a bachelor's in master's in engineering
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and i spent eight years as a scientist at mit where i worked on telescopes radars and other
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sensors to track rocket launches so mostly applied math after that i was the head of data analytics
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at an e-commerce agency where i helped executives from big publicly traded companies invest their
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tech budget to grow their online business up to and through the first waves of the pandemic
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so mostly applied math the trends i saw and how these companies were spending their technology
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budgets are the same ones kathy wood in arkan best research talk about and invest in i think they're
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on to something big really big so i quit my day job this past summer to focus on investing in
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and making content about disruptive innovation as well so mostly drinking wine and crying while
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staring at my portfolio in 2022 i'm going to keep focusing on investing in disruptive innovation
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while reducing the amount of noisy content i produce what that means in practice is i'm going
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to spend less time worrying about macro economics and market crashes and instead i'm going to put
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out more deep dives on individual companies especially the ones that are fundamentally
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misunderstood by the market the rokus the teledocs the palantirs and even the facebooks of the world
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i'll also keep covering the biggest changes inside the funds that hold them like arkhanvest's rk and
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meta the round hill ball metaverse fund i really do believe in the metaverse and the technologies
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that it's being built on i also strongly believe in arkhan best's long-term vision on innovation
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and technology so i'm going to keep talking about the research into the products and services
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that's causing their funds to hold the stocks that they do i'm also going to start covering the
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most important technology events that investors should pay attention to but may not know about
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nvidia's gpu technology conference tesla's ai and battery days big fintech conferences and
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maybe even cryptocurrencies since arc invest covers blockchain technologies
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that's how all the content on my channel already fits together and i'm doubling down on that vision
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in 2022 since the channel has 5xed in size this past year i've been able to land a bunch of new
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interviews with the founders of awesome tech companies i've landed a couple relevant sponsors
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with great offers for investors and tech nerds alike and i'm finishing up some pretty cool side
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projects that i hope will keep taking your tech and investing knowledge to the next level after
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all this is the channel that invests in you so if you're interested in having all that as part
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of your media diet consider liking this video and subscribing to the channel with all notifications
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turned on that's not just for me that's for you and for youtube as well and if that doesn't align
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with your investing goals and plan going forward that's great you just got some time back each and
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every week and you should be treating your time as an investment because it's the most valuable
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resource that you have so stay long stay strong and thanks for watching until next time this is
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ticker symbol u my name is alex reminding you that the best investment you can make is in you
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you