THIS is how I became a millionaire & THAT’S WHY ANYONE can do it – Tim Schäfer
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► You can subscribe to my channel here: / @timobaudzus Tim Schäfer lives in New York and is a self-made millionaire! With smart, long-term investments, he has built up an enormous fortune on a completely normal salary. In this conversation, Tim reveals which stocks have increased a hundredfold for him, what his best and worst stocks in his portfolio are and, above all, what he advises investors to build a seven-figure fortune just like he did. Enjoy my conversation with Tim Schäfer! Tim's blog: https://timschaefermedia.com/blog/ ► Follow me on Instagram: / timobaudzus ► Follow me on LinkedIn: / timobaudzus ► Here is my website: https://timo-baudzus.de/ An important final note: For legal reasons, I am not allowed to give individual advice. The opinion I express does not constitute an invitation to act. It is not an invitation to buy or sell securities. #stocks #millionaire #financialfreedom #etfs #usa #dividends #etfsavingsplan #portfolio #mindset Rights Intro: Mouse Click Effect: https://elements.envato.com/de/mouse-... Typo: https://elements.envato.com/de/modern... YT Subscribe: https://elements.envato.com/de/youtub... Intro Music: https://elements.envato.com/de/podcas... Intro: https://elements.envato.com/de/neon-l... All materials used in this video are sourced from Envato Elements and are used under appropriate licenses. © Timo Baudzus 2023. All rights reserved. Time Stamps 00:00 Intro 1:10 Shares increase a hundredfold 3:03 Met Warren Buffett 4:09 Tim's view of Germany 6:07 New York's special position 9:30 Why emigrate to the USA? 11:30 Tim as a frugalist 12:50 Fear & strategy 13:30 Can everyone become a millionaire? 14:53 When did Tim become a millionaire? 16:50 A total loser to start with 18:37 Have the millions changed Tim? 19:50 What does Tim like to spend money on? 21:22 Donations & community service 23:08 How would Tim invest 5,000 USD? 23:50 CTS Eventim 27:00 Top 5 stocks in the portfolio? 28:52 BEFORE Buffett in these stocks 30:10 50% plus with Hausbauer 31:49 Buy and hold EXTREME? 34:21 Criticism of the media 36:04 NEVER sell Netflix? 38:33 No. 1 failure in the portfolio 41:07 No. 2 failure 43:19 Credit Suisse debacle 45:21 Focus points in the portfolio 47:14 3 shares for eternity? 47:08 Conclusion & final question
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