00:00 Speaker A
Well, listen, man, it’s the beginning of the year, and one thing I know for sure, people going to start trying to go to the gym, they going to do that for about four, five weeks and then they going to go back to what they was doing last year. Eating good and they going instantly fall off and procrastinate. But you already know, man, it’s New Year, new me. So what advice would you give, right? Top two or three things you would give from a person that’s actually saying, you know what, I want to get my money right, but more importantly, I want to be profitable this year when it comes to investing and trading.
00:32 Speaker B
Absolutely. Man, the thing I would say is come out the gate with a plan. Have a strategic plan for the new year. If you have the 2025 year to reflect on, look at what worked well, look at what could be improved upon, and then allow that to serve as a guide for how you want to to kind of set yourself up for the new year. If you have a plan, it gives you a road map to follow. So for example, if you were trying to invest for the first time, and say, even if you started small with just doing $50 on autopay,
01:09 Speaker B
every two weeks. Maybe see if there’s a way to increase that $25 to $75 dollars every two weeks or $100. Look for small things, have a plan. If you are investing bigger money than that and you can buy a ETF instead of buying a fractional share, maybe you buy a whole share this time. Little incremental things along the way add up actually and I think if we can embrace those small changes while following a plan, we can see the our desired results toward the end of the year.
01:52 Speaker A
You got to set a plan, got to hit the plan, but I love how you say that go from 25 to 75. Even if you fall just down to 50, you’re still making progress. So I love that man. You still making progress. got to raise the bar. You got you got to raise the bar each year.