Tony Robbins reveals his top secrets for successful investing
When the hype is reaching new heights, it may be a good time to reach for the tried and true.
As the S&P 500 (^GSPC) sets new records and "Magnificent Seven" trades such as Nvidia (NVDA) sail past red to white hot, remember to keep an even keel, advised life and business strategist Tony Robbins.
"If a Ferrari was on sale for 70% off, you'd buy it. But when your favorite stock is, people freak out. And when the thing is too expensive, they want to buy it," Robbins told Yahoo Finance. "It's the crazy part of humanity."
Long-term fortunes are not built on a single asset class, let alone a single industry. Diversification is key to wealth generation, said Robbins, who has interviewed the likes of billionaires Ray Dalio, Robert Smith, and Berkshire Hathaway's (BRK-A, BRK-B) Warren Buffett. His latest book, "The Holy Grail of Investing," digs into the power of alternative assets in a world obsessed with stocks.
"There [are] 250,000 companies that are from a $100 million to $3 billion [in value] that private equity can step into," said Robbins. "Instead of trying to evaluate [the Magnificent Seven], create the diversification for yourself. So you reduce your risk by 80%."
His other tip for success includes turning a consumer mindset into an investor mindset: Those iPhone upgrades will cost you thousands, but a pile of Apple (AAPL) stock can set you up for the future.
And regardless of where you're sitting in life, staying hungry can turn a losing tide — or extend a winning streak.
"If you're hungry, you'll find the answers. If you're hungry, you'll push through," said Robbins.
相關影片推薦
- 1:22巨型發光深海「廣鰭八腕魷」罕見現身 誤將攝影機當獵物 超近距離 科學家驚豔Yahoo 國際通26,882 次觀看・1 天前
- 2:21波士尼亞森林藏巨型「神祕石球」 如童話森林仙境 年吸數千遊客Yahoo 國際通8,104 次觀看・11 小時前
- 1:06西隧港島出口工程2027年完工 議員質疑過慢now.com 影音新聞25,436 次觀看・1 天前
- 1:44史上最小米其林餐廳 墨西哥塔可店「沒有祕訣」專注品質 成功摘星Yahoo 國際通4,569 次觀看・11 小時前
- 1:00《查無此人》電影預告Yahoo Movies HK8,863 次觀看・1 天前
- 2:53【娛樂訪談】黎芷珊談許志安眼濕濕:「有驚喜……唔同咗」Yahoo OMG Videos55,192 次觀看・2 天前
- 0:46蔡天鳳碎屍案 死者前家姑李瑞香申保釋獲批now.com 影音新聞31,643 次觀看・1 天前
- 4:20【娛樂訪談】五屆金像獎得主 - 文念中:心目中得兩位大師Yahoo OMG Videos18,516 次觀看・1 天前
- 1:22早晨天氣節目(05月18日上午8時) - 科學主任李鳳瑩香港天文台2,587 次觀看・11 小時前
- 2:11鍾屋村輕鐵列車脫軌無人傷 初步懷疑涉及路軌外來物now.com 影音新聞642 次觀看・6 小時前
熱門必看
- 4:20【娛樂訪談】五屆金像獎得主 - 文念中:心目中得兩位大師Yahoo OMG Videos18,513 次觀看・1 天前
- 2:53【娛樂訪談】黎芷珊談許志安眼濕濕:「有驚喜……唔同咗」Yahoo OMG Videos55,189 次觀看・2 天前
- 4:53黃劍文《凡星》(原唱:陳蕾)|Yahoo Lunch KYahoo OMG Videos58,868 次觀看・4 天前
- 4:32黃劍文《你最珍貴》(原唱:張學友)|Yahoo Lunch KYahoo OMG Videos13,813 次觀看・4 天前
- 3:37黃劍文《三天兩夜》(原唱:張學友)|Yahoo Lunch KYahoo OMG Videos17,654 次觀看・4 天前