Check out My Recommendations (It helps support the channel):
🔥 M1 FINANCE Investing- Free $10 (once you deposit at least $100 within 30 days) [ Ссылка ]
📚 Here's a video on how to use M1 Finance [ Ссылка ]
📝 NewRetirement - The retirement planning tool I personally use to make sure I'm on track with saving for retirement. It's perfect for "Do it yourself" investors [ Ссылка ]
🔒 AURA - 14 day free trial to see if your personal information has been leaked online and have it removed [ Ссылка ]
📝 Empower - Free Net Worth Tracker [ Ссылка ]
📖 Free copy of my Spending Review Spreadsheet: [ Ссылка ]
💬 Sign up for 1 on 1 coaching with me: [ Ссылка ]
📧 Business Inquiries: JarradMorrowYT@gmail.com
Building wealth with ETFs requires avoiding common mistakes and focusing on strategies that maximize long-term success. One of the biggest pitfalls is reacting to short-term market swings. Selling during downturns to “stop losses” often leads to missing out on the inevitable recovery, derailing years of progress. Instead, staying consistent and zooming out to view historical market trends highlights the importance of patience over impulsive decisions.
Timing the market is another common misstep. Predicting downturns is nearly impossible, and waiting for the “perfect moment” to invest often results in missed growth opportunities. Strategies like dollar-cost averaging, where regular investments are made regardless of market conditions, remove the stress of market timing and ensure steady progress.
Chasing past performance can also hurt returns. Investors often assume that ETFs with strong recent performance will continue to do well, but past results are not reliable predictors of future growth. Diversifying with low-cost, globally focused ETFs spreads risk and captures opportunities across markets, reducing dependence on any single sector or region.
Investing decisions should always align with overall financial goals. For those in the wealth-building phase, prioritizing growth-focused ETFs over dividend-heavy options often makes more sense. Dividends feel like progress but don’t increase overall wealth, as they simply redistribute portfolio value. Intentional choices ensure investments align with the goal of maximizing long-term growth.
Minimizing fees is another critical factor. Even seemingly small expense ratios can erode thousands of dollars from a portfolio over decades. Opting for low-cost ETFs keeps more money compounding in the account, significantly increasing net worth over time.
Finally, while returns are important, contributions play the biggest role in driving wealth. Consistently investing more money—even small increases—can lead to outsized results. Focusing on controllable factors like contributions, spending habits, and staying invested creates the foundation for long-term success, far outweighing attempts to chase market-beating returns.
Affiliate Disclaimer: Some of the above may be affiliate links. Support the channel by signing up or purchasing through those links at no additional cost to you. I appreciate you for helping me keep this channel running.
Disclaimer: This video is for entertainment purposes only. Everyone's situation is different so do your own research before making any decisions with your money.
