Hey guys, good morning from Costa Rica.
嗨 大家早上好 我现在在哥斯达黎加
So today I’m going to be making a video
about a question that a lot of you have asked me
and that would be how is it that you afford to travel.
So first I’m going to tell you kind of the situation.
I’m a fulltime traveler which means
I don’t have a house or a home anywhere.
I left my home in Miami nearly a year ago,
and I’ve just been having the most incredible incredible experiences
just traveling around the world since I did that.
My lifestyle is to just travel permanently and fulltime.
So I’m going to be answering the question of
how I afford to do that in this video.
This is just what I do and how I afford my travels.
First of all, no, I do not have my dad or my parents
首先 没有 我的父亲或父母真的没有
sending me unlimited funds into my bank account.
I don’t have a rich uncle supporting me.
Nothing like that at all.
My parents haven’t supported me since I was about seventeen.
I’ve worked myself to be able to do this
because I was determined to make it happen,
and this is kind of my story of what I did.
So I worked and worked a couple of years ago really hard
with the intention of leaving Miami on a trip.
I wanted to go and travel for about three to six months, that was my plan.
So I worked hard really hard,
I saved up a bunch of money to be able to do that.
I didn’t end up going on the trip then
for just a bunch of different reasons
but basically just life in Miami was happening,
I decided not to go on my trip and to put it off.
In doing that, now I had a bunch of money that I had saved up.
After I decided to stay in Miami,
I started researching the stock market.
I never had any formal training,
I did not go to university for finance or business.
I just found out about the stock market and I started researching it
and the more that I would research and kind of look into things
then the more intrigued that I got.
The stock market was just very interesting to me.
But I didn’t think that it would be an option for me to do.
I thought that you would need millions of dollars to do something like that.
So even though I was really interested in it and I kept researching it,
I did not think that it was something that
I would actually be able to do.
After a few months, I kind of looked into
how can you start small on the stock market,
how much of an investment do you really need to make
in order to get started.
So long story short,
I ended up putting the money that I had saved up
for my travels into the stock market
and making it into an investment.
And that is what now serves as the base for me
being able to work on the stock market
having an investment, having returns on that investment
and being able to make a living
and that is how I travel I make money on the stock market.
So I realized that not many people
really know much about the stock market
especially young people.
If you guys are interested, then I can do a more detailed video about
like exactly what it is I do on the stock market.
When I tell people that I am working on the stock market,
then I think that normally their first reaction is
oh, it’s gambling, I would never do that
噢 这是赌博 我绝不会这么做
or oh, you’re just as likely to lose all of your money
as you are to make money
and those two assumptions are kind of frustrating.
So I have personally never lost money on the stock market.
The amount of dollars that I have ever lost on the stock market is zero.
However I will tell you how that is.
Let’s say you buy a stock,
it goes down, then wait, wait.
股价下跌了 你要做的就是等待 等待
You’re not losing money unless you sell it.
It’s not just this easy way to make money.
That is why it’s not really a good idea to get into the stock market
if you’re just looking to just you know, make money quickly
that’s not really the purpose of the stock market.
Also the more money that you are able to invest in the stock market,
the more money you’re going to make.
So it doesn’t really make sense to just
constantly be taking out the money that you make
because then you can’t build and grow your account
and you’re kind of just always going to be stuck at the same level.
I’ve been kind of hesitant to make this video
because I really don’t want to tell people
go and put all of your savings into the stock market
and you’re gonna make a ton of money
that’s really not what I’m trying to say.
I just personally answering the question of what I do.
I know what I’m doing works for me
but that isn’t to say that it would work for everyone else
If you’re interested in starting on the stock market,
then first of all I would say,
just be sure that you’re not doing this
with the intention of immediately making all this money
and that’s it.
That’s just really a recipe for disaster
and any money that you put into the stock market
you should be ready to possibly not see again
for at least a very long time.
I think the first hurdle would be that
you do need a big sum of money to start up.
By big, I don’t mean like ridiculous like unattainable.
I think that anybody working even on a minimum wage salary
if they’re saving money
they can eventually build up a number
that would be fine to start on the stock market.
So it’s definitely not this unattainable thing that only rich people can do
and you can only do if you have like hundreds of thousands of dollars.
That’s definitely not the case.
So the basics of me working on the stock market are
I buy a stock when the price looks pretty good
then when it goes up, I sell it.
If the stock goes down and I think I can get it at an even better price
like it’s on sale, then I buy more.
And then when it goes up, I sell it.
That is an extremely simplified version of what I do.
I do have to keep up to date on current events, world news,
how everything is working together.
Let’s say that I’m invested in Apple,
then I would need to be kind of watching the news for that company
as well as just general other news that could affect that company,
all things that I have to be keeping an eye on.
To the people that say that it is like gambling,
I kind of find that offensive
and I do not think it is true.
I can see why they would say that,
and why that would be their perception
but I really don’t agree with that.
Let’s say that you were an investor
and you were trying to make a smart investment with your money
and you research a bunch of companies that
you think would make a good return on your investment
and after research you decide to invest one,
would that really be gambling?
So it’s not really so much a gamble
as it is just researching companies and knowing the economy and
how things are moving and really just doing your research
and then based on that choosing a company that you believe in
and you think is going somewhere and is a good investment.
So that is what I do.
I really did have this dream to just travel
and fund my travels
remotely be able to work online
and I saw the stock market as a great way of doing that,
so that’s what I had this big goal for.
I reached the goal
and now I’m traveling using the money that I make off of that
and also saving money,
definitely spending way less money than I would
if I was just living back at home in Miami.
So hope you guys enjoy the video,
thank you so much for watching my adventures
and if you have any questions, put them down below.
Again if you want me to make a more detailed video
about what I do on the stock market,
then just say so and if enough people want it,
then I guess I’ll make one.
But thank you so much for watching
and I’ll see you next time and some more adventures.
Hey guys, good morning from Costa Rica.