 Good day, fellow investors! As there are a lot of young viewers in my YouTube audience, I decided to introduce a motivational investing educational Monday where we will talk about personal finance and something that's even more important than the stock market and choosing the right stocks. It is having the right habits to properly invest, properly build wealth, properly approach investing and the financial part of life and that's I think a step more higher, a step more important than just stock picking and that's why I'll try on Mondays to do these motivational videos that will help a lot of our viewers. I'm sure about that. So as we are talking about habits, it will be another habit on the channel. We have Friday, your comments, Saturday the news, Sunday the stock analysis and now Monday personal finance investing motivation. I will add another 3-4 days, we'll see how it goes and how I feel about what kind of videos I think give you the best value. Even if sometimes you might not agree. This is something you might not agree but it's the biggest value I can give. That's why I do it. Let's talk about habits. Habits make you rich. If we take a look at the stock market over the last 20 years, it went up and down and up and down and now it went only up for the last 10 years. So in 2009 the SAP500 was at around 700, 700 something points which means that it increased 4 times over the last 10 years. Yes, 4 times. That's a huge increase and the ups and downs will happen again at some point in time and even a few times over your life investing cycle and that's crucial to understand and there's nothing we can do about it except being diversified, hedged, protected, having always cash and not making stupid investments. So on one side we had recently cryptocurrencies, marijuana stocks. A few years ago it was forex, forex trading. Everybody was crazy about that. Before that it was gold commodities. Before that we had flipping houses, real estate and there is always something and now we have ETFs and there is always something that investors chase but if you take one step back and you create a habit of investing, of properly looking at various asset classes at their risk reward over the long term in your life with the key not lose money, not lose money, not lose money and getting the higher potential reward on not losing money you will have a great successful investment career, personal finance, wealth, whatever. If you chase those investments then something terrible happens that I have seen happening in 2008-2009. I was part of an investment forums that were really cool in the 2000s. I started in 2003, 2007, 2009 and I think that in 2010-11 the number of messages on that forum was 3%. I'm not exaggerating was just 3% of what it was in 2007. Not because it was a bad forum or there was no other forum for that stock market group. Not because Facebook came, not because of anything, it's just that people lost interest after 2007. Everybody was so excited about stocks in 2007 and then they lost interest in 2009-10-11 as they lost a lot of money and that's why I want to really give you a food forethought about creating a habit of investing constantly and investing especially after you have lost a lot of money. That's the best time to invest. So the message is make investing a lifetime long-term habit which means that you constantly a little bit of time per week assess potential investments and think okay I have 40, 50, 70 years of a life investment cycle where I want to take advantage of the best opportunities that come to me. Don't chase opportunities because then you're usually late and it doesn't lead to good things. So wait for those opportunities, just analyze, have your criteria set and develop that as a habit. Look at real estate, look at gold, look at stocks, look at businesses, look at whatever, look at taking that, look at whatever and always look okay this might add value to my life this not and then say okay no yes no yes over a long term over 10, 20, 30, 50 years you will have so much rewards that you will be able to enjoy whatever you want. So just implement that long-term investing habit. As we are a stock market channel on stocks look at them constantly over time but be sure to buy them when they're cheap. That's it over your lifetime you will have a lot of opportunities to buy stocks that are cheap, that fit your investment criteria and that's all you have to do. Research, research, compare, compare and buy what is cheap. With that thank you for watching, looking forward to your comments and I'll see you in the next video.