TubeSum ← Transcribe a video

Earning a Million Dollars from Trading in Your Twenties? | Money Secrets Podcast

0h 50m video Published Apr 18, 2024 Transcribed Jul 19, 2026 M Money Secrets Podcast
Beginner 10 min read For: Beginners interested in stock trading and personal finance, especially young people seeking inspiration and practical advice.
Views
⚡ —
VPH
V/S

AI Summary

Hasnaa Taleb, a Moroccan entrepreneur, shares her inspiring journey from a simple family to becoming a millionaire at 23 through stock trading. She overcame language barriers, cultural obstacles, and family resistance to achieve financial success in America, emphasizing the importance of perseverance, self-education, and a clear goal.

[00:02]
Background and Ambition

Hasnaa comes from a simple family in Morocco with high ambition. She overcame the language barrier by learning English from YouTube and self-study.

[00:46]
First Million at 23

At age 23, Hasnaa achieved her first million dollars through stock trading, despite starting with only $1,000 and facing many challenges.

[03:08]
NASA Opportunity

At 17, she was selected by NASA to go to the US for a program. Her father initially refused, but after persuasion from the school principal, he allowed her to go with a teacher chaperone.

[10:03]
Discovering Stock Market

While studying macroeconomics, a professor explained that anyone can buy stocks like Amazon. This sparked her interest, leading to six months of self-research.

[12:10]
Meeting Mai Burdeau

At a university lecture, Mai Burdeau, one of the richest women in America, complimented her singing and later emailed her an introduction to a mentor named Rover.

[15:49]
Training with Rover

Hasnaa traveled to New York City to meet Rover, offering to work for free in exchange for training. She learned trading techniques and started with a $1,000 account.

[18:32]
First Job at Morgan Stanley

After training, she applied and got her first job at P&P Morgan Stanley, entering the German market. She later moved to NAC and New York Stock Exchange.

[26:34]
First Million Feeling

When she made her first million, she couldn't believe it. She focused on growing the money rather than spending it, driven by a desire to improve her career and help her family.

[33:47]
Reasons People Lose Money

People lose money due to greed and fear. They lack control over these emotions, leading to poor decisions like selling in panic or holding for too long out of greed.

[36:01]
Avoiding Financial Advice Scams

Hasnaa warns against taking financial advice from unlicensed individuals on social media. Legitimate advisors are regulated and cannot take small amounts from inexperienced investors.

[42:17]
Invest in What You Understand

She advises investing in assets you understand. Diversification is key, and you should not put all your money in one basket. She also mentions that gold and real estate are traditional safe havens.

[45:02]
Bitcoin and Crypto

Hasnaa has not entered crypto due to its volatility. She recommends only investing money you are prepared to lose and suggests a small allocation (15-25%) if you choose to invest.

[48:39]
Final Advice

She advises listening to advice from those who have achieved what you aim for, having faith in God, and being 100% sure you will achieve your goal. Hard work and pure intentions lead to success.

Hasnaa Taleb's story demonstrates that with determination, self-education, and a clear goal, it is possible to achieve financial success at a young age. She emphasizes the importance of understanding investments, controlling emotions, and seeking legitimate guidance.

Clickbait Check

85% Legit

"Title accurately reflects the content: a millionaire trader shares her journey and tips, though the focus is more on her story than a step-by-step trading guide."

Mentioned in this Video

Study Flashcards (10)

At what age did Hasnaa Taleb achieve her first million dollars?

easy Click to reveal answer

23

00:46

How did Hasnaa learn English before going to America?

easy Click to reveal answer

She learned English from YouTube through self-learning.

00:31

What program allowed Hasnaa to go to the US at age 17?

medium Click to reveal answer

A NASA program for high school students.

03:08

Who introduced Hasnaa to her mentor Rover?

medium Click to reveal answer

Mai Burdeau, one of the richest women in America.

12:10

What did Hasnaa offer Rover in exchange for training?

medium Click to reveal answer

She offered to work for him for free.

16:02

What are the two main reasons people lose money in the stock market according to Hasnaa?

easy Click to reveal answer

Greed and fear.

33:47

Why can't licensed financial advisors take small amounts of money from inexperienced investors?

hard Click to reveal answer

Because regulations require that investors have a net worth of more than $1 million or meet other criteria.

37:46

What is Hasnaa's advice on investing in Bitcoin?

medium Click to reveal answer

Only invest money you are prepared to lose, and keep it to a small portion of your portfolio (15-25%).

45:02

What does Hasnaa say is the most important thing in investing or trading?

easy Click to reveal answer

Diversification.

47:36

According to Hasnaa, what should you do if you want advice?

medium Click to reveal answer

Listen to advice from the person you are aiming for (someone who has achieved what you want).

48:54

💡 Key Takeaways

📊

First Million at 23

Demonstrates that young age is not a barrier to financial success with dedication and hard work.

00:46
💡

Greed and Fear Cause Losses

Identifies the two primary emotional pitfalls that lead to trading losses, a key insight for beginners.

33:47
⚖️

Invest in What You Understand

A fundamental principle of investing that helps avoid unnecessary risks.

42:17
🔧

Diversification is Key

Emphasizes the importance of spreading risk across different assets.

47:36
💬

Listen to Advice from Achievers

Practical advice on seeking guidance from those who have already reached your goal.

48:39

✂️ Creator Tools: Viral Hooks

AI-generated clip ideas for Shorts based on the transcript

From Scratch to Millionaire at 23

45s

Inspirational rags-to-riches story with a young age hook that resonates with ambitious viewers.

▶ Play Clip

Why Most Traders Lose Money

50s

High educational value exposing common mistakes like greed and fear, with actionable advice that attracts aspiring traders.

▶ Play Clip

She Refused to Give Up

50s

Emotional and relatable struggle of overcoming family opposition and financial barriers, inspiring viewers with determination.

▶ Play Clip

First Time at Cinema at 25

50s

Shocking personal detail that humanizes success and sparks curiosity about her sacrifices and focus.

▶ Play Clip

How to Spot Fake Trading Gurus

50s

Controversial and educational critique of social media scammers, offering practical tips to avoid fraud.

▶ Play Clip

[00:02] Hasnaa started from scratch, and since you're with me right now, we're sharing an experience that I hope will be inspiring. After this inspiring experience, we'll take some important tips for people who want to start in the world of trading and stocks. I come from a very simple family in

[00:18] stocks. I come from a very simple family in Morocco, and I was very ambitious—my ambition was higher Morocco, and I was very ambitious—my ambition was higher than my abilities, as they say. I worked hard and persevered. than my abilities, as they say. I worked hard and persevered. Language was an obstacle, but I completely overcame it.

[00:31] I learned the language from YouTube; I learned it self-learning. I learned how to speak the YouTube; I learned it self-learning. I learned how to speak the dialect and even the culture. At 23, I achieved my dialect and even the culture. At 23, I achieved my first million dollars. I'm also good at the world of religion. I

[00:46] first million dollars. I'm also good at the world of religion. I went to the cinema when I was, I think, 25 or went to the cinema when I was, I think, 25 or 26, when I came to the Emirates. It was the first time in my life I went to the cinema. My whole life has been focused on my own care and the

[01:00] equation for success. It's a difficult equation; how can you reach it? Everyone reaches success in can you reach it? Everyone reaches success in the way they

[01:12] My Secret podcast. I'm Ahmed El-Gamal, the presenter. The podcast is here, and my guest is a millionaire who made millions at a young age in a field that's really trending right now. So many people are looking to

[01:26] trade stocks, buy, sell, and profit. But how did she do it? How did she profit. But how did she do it? How did she manage to achieve this at such a young age? I can see a sparkle in her eyes right now. She's going to appear before you now. The entrepreneur, Hasnaa Taleb, I mean, wow,

[01:41] you're amazing! May God bless you, Ahmed! There's money, there's money! I'm not saying there's a sparkle in money, there's money! I'm not saying there's a sparkle in your eyes, but there's definitely a story behind you. Hasnaa started

[01:54] from scratch, and being with me right now, I'm going to share an experience that will hopefully be inspiring. After this inspiring experience, we'll get some important advice for people who want to start in the world of trading and stocks because it could really

[02:10] change other people's lives. That's why we need to know the story behind it, the secrets it holds. need to know the story behind it, the secrets it holds.

[02:23] Hasnaa, how did she start? And then how did she manage to reach her first million? And then... So, this is the in the financial world, and I'm truly happy you're here with me right now because you've reached a position any girl your age would dream of reaching. Thank God for everything.

[02:40] a position any girl your age would dream of reaching. Thank God for everything. First and foremost, one should always thank God for everything. I started from a very simple family in

[02:53] Morocco, and I was very ambitious, meaning my ambition was higher Morocco, and I was very ambitious, meaning my ambition was higher than my abilities, as they say. At a young age, before I was 17, I always dreamed of going to America. How I would go to America, only God knows. My

[03:08] mom would always see me watching the plane leaving and telling her, "I'm going to America, my leaving and telling her, "I'm going to America, my dear. Stay here, it's better for you. Where are you

[03:21] completely overcame it. I learned the language from YouTube. I learned it by speaking a dialect and even learning the culture. As far as I was concerned, I was going, I was going.

[03:33] God knows. knows. Anyway, at 17, an opportunity came from Nass. Anyway, at 17, an opportunity came from Nass. Nass was going everywhere. The world, or each

[03:47] country, and you choose from them, meaning high school. And high school takes children, or let's say, whoever is possible. Then a filter takes someone from that

[04:01] possible. Then a filter takes someone from that country. So, the opportunity came to high school. As soon as I saw the person on the school board, I said, "I'll go." They give you, you know, math, fixes, science, and

[04:17] stuff. Thank God, I passed the test. The school principal came to me and said, "You're test. The school principal came to me and said, "You're from here." So, I went to the second one. He said, "I, God bless

[04:30] me, had memorized all of YouTube. Americans, how they talk, how they interact, the language. Whoever wants to learn, the YouTube school is a real school. I even learned their way of speaking. I became fluent. So, I was sitting next to the girl who was quiet.

[04:49] I saw the commission skills, different from other people. 'Have you been to America before?' I told them, ' No, I haven't.' 'How come, God bless you,' they said, 'that you understand everything.' I told them, 'I watched movies until I was satisfied.' So, I was

[05:01] understand everything.' I told them, 'I watched movies until I was satisfied.' So, I was chosen. Yes, when he told me that..." The manager, I was scared. I thought to myself, "It's a sure thing that my dad won't let me thought to myself, "It's a sure thing that my dad won't let me go." So I went to my dad. It was evening, I still

[05:16] remember that time. I went to him and said, "Dad, I was chosen by NASA to go to the US." He said, "What? You want to go to the moon directly? For him, people are going to the moon. You want to go to the moon? I'm telling you, my daughter, stay in the middle." He says it in Moroccan Arabic like this: "Stay in the middle, stay in the middle, do

[05:32] says it in Moroccan Arabic like this: "Stay in the middle, stay in the middle, do n't keep your head in the back, n't keep your head in the back, keep yourself in the middle of the other people." For keep yourself in the middle of the other people." For him, if a wave comes and sweeps away the people in front and

[05:45] sweeps away those behind, because it's not like it's pop-up or an update with not like it's pop-up or an update with what's happening in the middle, it's just how it is,

[05:57] let's say it's a one-off. So he said, "No, there's no going to America." Yes, he said, "No going to America." I was like, "It hurt me." At that

[06:09] time, I went to my mom and said, "Mom, go convince Dad that..." Your dad told you to do it. I went back to the school principal and told him, "Look, my dad... I tried to convince him, but he said no. He said, 'How can you be so stubborn?' And I started crying to the principal. I mean, I really wanted to help her and I worked hard. Anyway, the

[06:25] principal told me to talk to my dad again, so I talked to him. It was the first time he was going to the school. My dad had never been to my school before, from when I was little until I got to high school. So when I told him I was going to the school, he said, 'What disaster did you do?' I said, 'I did

[06:40] to the school, he said, 'What disaster did you do?' I said, 'I did n't do anything.' So the principal went and told him, 'This girl is like this, what's the main problem? We're going to solve the problem. We want her because the whole country is in

[06:55] because the whole country is in Morocco.' So I said, 'Okay.' He n't know anyone, and she doesn't have anyone in America, so how will she go there alone? So we got to a teacher.

[07:11] He told her that he would bring a teacher who would be with her for the entire trip, which is for three months. She will go to Space Co. and come back safely. So when he finished..." I heard the news and got excited. I told him, "Okay, I'm relieved. I worked day and night on the basecam. You were on the basecam, and at

[07:27] You were on the basecam, and at

[07:40] military camp they give you tasks and wake-up calls. I mean, I took on all these difficulties because my goal was to go to America. I took this opportunity, and then I'll see what I can do to stay in university. Then at university, I'll see how I can find a job to stay there. The

[07:55] see how I can find a job to stay there. The important thing is that the goal was to stay there. Space was also an opportunity for me, and people were asking if I wanted to go to space. I was happy. I actually did my first year,

[08:10] space. I was happy. I actually did my first year, then I got my degree from there so I could stay

[08:22] in America. I called my dad and said, 'Dad, I got my degree so I can stay in university. It's got my degree so I can stay in university. It's not just a first year, it's a second year, then a third year.' I told him, 'The first year is guaranteed, thank God, so you're the one who will support me in

[08:38] Morocco.'" So, you'll send it to me here until I figure out how to sort things out. Anyway, Dad came back again and said no, and how come? I told him, "Look, if it's a money problem, I I told him, "Look, if it's a money problem, I told you, and he's out of it." I mean, he sees that he's

[08:54] talking to her, and she's still young, still young, a year, a year. [Music] Anyway, I entered university and found myself facing

[09:07] Anyway, I entered university and found myself facing how I could work now. And, given my family, thank God, they're coming, I mean, standard, coming, I mean, standard, and all this, they don't want me to work. I don't

[09:22] even want to work, even if I have to tell Dad I worked as a waiter, for example. It's definitely a respectable and honorable job and I made money, but for him as a family, it's like, "No, my daughter is going to America to be

[09:35] family, it's like, "No, my daughter is going to America to be humiliated. This is a disgrace to our culture." money. Subhanallah (Glory be to God), one time, look, Subhanallah, when you want to

[09:49] look, Subhanallah, when you want to do something in life and your goal is clear, you start do something in life and your goal is clear, you start to see everything around you, you see

[10:03] I'm studying macroeconomics, and the professor talks about the stock market, professor talks about the stock market, about IPOs, about how companies are listed on the financial markets. I said to him, " Professor, wait a minute, does this mean that everyone

[10:19] Professor, wait a minute, does this mean that everyone can buy stocks?" He said, "Yes." I said, " Even we... I mean, right now, I can..." He said, " Yes, buy a stock in Amazon." I said, "Yes, how?" So I Yes, buy a stock in Amazon." I said, "Yes, how?" So I said, "Okay." The idea stayed with me. At the

[10:34] end of class, I went to him and said, "Professor, how do people do it like this? I don't have any knowledge about the stock market. I mean, I only see it in movies, like see it in movies, like Wall Street and everything else. I'm still

[10:49] Wall Street and everything else. I'm still new to the country." So he said to me, " Yes, you have references like this, you have brokers like that." He gave me some bullet points. What are they called? He gave me some bullet points. What are they called? He gave me

[11:03] He gave me bullet points, just words. I went and looked for everything in the koshari, one by one, from A to Z. How does this work? What is it? The stock market, what is to Z. How does this work? What is it? The stock market, what is

[11:17] How do people enter the world of finance? I researched it for about six months, doing research every night. I became obsessed. Even if you go back to my Twitter from the beginning, you'll find

[11:36] sixth month, how can I move to the next stage? I'll go with a broker and go with a broker and open a slush fund. I

[11:56] found myself making money, but not money. I mean, one time bring in people, famous people or business owners, to

[12:10] give lectures, like sessions. That day, it was Mai. She was giving a lecture. Mai Burdeau is one of the Mai. She was giving a lecture. Mai Burdeau is one of the richest women in the world in America.

[12:22] richest women in the world in America. Her husband is the founder of Bird Her husband is the founder of Bird Chicken, and they have this and that.

[12:36] So she's a very simple person. Her clothes, her hair, her details are simple. So sometimes people say, "Okay, I don't

[12:53] on Google, I see, she's amazing, God bless her. Before this, when she passed by me, I was playing piano with someone, and I was singing. She

[13:08] heard me singing, so she came and stood up and said, "You're so talented, God bless you." I said, "Okay, thank you." She said, "You're very talented, and don't let your talent go to waste. Always try to hone your talent and make it

[13:26] professional." I said, "What do I know about talent? What do I know about the financial markets? I didn't even know what I wanted to do in life at that time. I knew I was going to study, but God knows what I'll do

[13:42] after that." Anyway, when this person told me, "You don't know Anyway, when this person told me, "You don't know Mizo Mizi," she went to her and said, "Mizi." There were so many people there

[13:56] people there because they didn't know who was in front of them. She because they didn't know who was in front of them. She gave me a card with two emails on it. I saw the emails and said, " Okay." I told her honestly that I'm this age and I just

[14:11] came to America. I was studying this and that, and I didn't know what it was, so I didn't even have a major at that time, no finance, no markets, nothing. And if you listened

[14:24] finance, no markets, nothing. And if you listened to my voice, I'd just... I really love the world of finance, this world. So how can I start in this

[14:37] world, but in a professional way? She replied to my email and path is. I'll introduce you to someone. This person might be able to help you pass

[14:53] I'll introduce you to someone. This person might be able to help you pass the test. the test. This person's name is Rover. If he sees that you have potential, he might be able to

[15:08] Rover. If he sees that you have potential, he might be able to teach you and train you." So I immediately connected and talked to Rover. I told him, " Look, when you talk to someone and tell them you're referred by so-and-so, it makes things much Look, when you talk to someone and tell them you're referred by so-and-so, it makes things much easier for you." Of course,

[15:22] she's a well-known person. So I went to him. Maybe she didn't talk to him directly, but I messaged him and said, "I'm referred by so-and-so." to him directly, but I messaged him and said, "I'm referred by so-and-so."

[15:37] He said, "First, I'll look at the name, and that's it. let me see what happens." Come here, I was in

[15:49] Come here, I was in Florida at that time, so I went to New York City. I went to him, and he told me, " Millions of People is here in New

[16:02] York City." So I told him, "I believe I have something that no City." So I told him, "I believe I have something that no one else has, and if you were to sponsor one else has, and if you were to sponsor me—let's say scientifically or financially, not

[16:16] financially in the sense of giving me money, but teaching me the fundamentals—I could work for you for free. I don't care about anything because if I work because if I work for him for free, I'll learn the technique, and the technique is

[16:42] the story began. I went with him for months, and I was doing B, and that's how I started learning a little bit here, learning a little bit there. My obsession kept increasing, and I saw where people had reached, God bless

[17:14] the story began. The story began with him. I had put Sheet7, almost $1000, before I put it in the night market. So all the things that We're doing it here, I'm putting it in this small account of mine. I'm doing it here, I'm putting it here, I'm trying. I made money, I lost money. It's very, very difficult

[17:30] to run a small account. It's very, very difficult. $1000 is impossible to reach a million. It $1000 is impossible to reach a million. It needs a plan, you need to be dedicated. Every time you put

[17:42] needs a plan, you need to be dedicated. Every time you put in, you do the dollar cost average, meaning in, you do the dollar cost average, meaning you have to make all the money that goes into the market today. What you put in today, you have to withdraw at the end of the day if you want to make money,

[17:56] which is the see trade. Anyway, I finished the training with him. I told him, "I'm Roy, I really want to develop my skills more. I was obsessed with the people who work with FX

[18:09] obsessed with the people who work with FX and work with P&P, Morgan Stanley, rule the world, FX and BlackRock, in short. So I wanted to work with these people." I

[18:32] started applying until I found my first job with P&P Morgan Stanley. I entered the German found my first job with P&P Morgan Stanley. I entered the German market. Now, I'm not He

[18:47] alone sees people, what they learn from people who don't have it, they have action, those who have it taught me. I

[19:03] told Roy, "Look, I want to go to NAC or New York Stockings. I want to be in this market." I told him, "This market, everyone hates it because it told him, "This market, everyone hates it because it stole money from people. I want to be in the market,

[19:16] but I'll help people. I'll make a people. I'll make a different strategy." So he started laughing. "How are you going to do it?" I told him, " different strategy." So he started laughing. "How are you going to do it?" I told him, " No, I mean, look, Roy is Jewish, so

[19:29] No, I mean, look, Roy is Jewish, so for Jews, they see it as a big deal. It's like, 'She for Jews, they see it as a big deal. It's like, 'She comes along, and she's Muslim, for example, and Arab, and so on. comes along, and she's Muslim, for example, and Arab, and so on. Maybe it's your luck, you believe in money in the market,

[19:48] but [music]

[20:01] know, in the market for five years, so it was something for me. And

[20:18] making an account. At 23, I achieved my first million dollars as a account. At 23, I achieved my first million dollars as a good person in the world.

[20:35] All the experience I learned here gave me our NAC and my learned here gave me our NAC and my first SV. At that time, they called it Fana." I'm

[20:54] not proud of it, on the contrary, my when you're still young, people look at you as if you're nothing. I mean, what can you do? You have

[21:10] nothing. I mean, what can you do? You have ambition? You know, children from childhood to adolescence, all that stage before you reach adolescence, all that stage before you reach 30. As an adult, you're

[21:23] 30. As an adult, you're dreaming, right? But I'm against that. It's not about age. That's what I learned in America. In America, age is just a number. That's what made me love the

[21:36] country more, become more attached to it, and learn more from it. America is something else. more from it. America is something else. America is different. If you have a dream today, you can achieve it. I learned this from America. So, after all the

[21:50] achieve it. I learned this from America. So, after all the can I upgrade a little? I don't want to stay in the market. I don't want to stay just behind the screen. I was obsessed. I couldn't

[22:04] get out of my life. I dedicated my whole life to the screen. I mean, I have six screens in front of me. That's how my whole life is in front of them. Imagine. I'm trying to

[22:17] front of me. That's how my whole life is in front of them. Imagine. I'm trying to imagine your life with me. It's all numbers, numbers. She's imagine your life with me. It's all numbers, numbers. She's alone in a place where her family was afraid from the beginning to let her go, they were worried about her. Now she tells me, "I'm 23 years old. Let

[22:34] her. Now she tells me, "I'm 23 years old. Let me tell you something, Ahmed, I went to the cinema when I was, I think, 25 or 26, when I came to the Emirates. It was the first time in my life I went to the cinema. My whole life was focused on my own care and my own before I left

[22:52] Morocco for America. My mother told me one thing: 'Don't one thing: 'Don't forget, you... you don't have anyone now, okay? You're going to a country where there's no one, you don't know anyone there. Don't forget all the things I gave you, the

[23:07] information I gave you, the principles and foundations I gave you.' She tells me, 'Please don't forget me.' I swear, foundations I gave you.' She tells me, 'Please don't forget me.' I swear, this has stayed with me for ages, I haven't forgotten it. You know, this has stayed with me for ages, I haven't forgotten it. You know,

[23:22] I'm afraid to waste it. I want to work more, study more, learn waste it. I want to work more, study more, learn more, and be better because of my mother. I don't want to let my brother... you know, you tell me, and now I feel..." Beck, I'm telling you, your eyes are shining, your eyes are

[23:37] shining. I mean, in the end, when I left, I left Morocco, and I was imagining that moment, imagining her Morocco, and I was imagining that moment, imagining her maybe listening to you right now. I mean, here I am, maybe listening to you right now. I mean, here I am, Mom. I did it, I achieved it, I became who I am.

[23:52] People are listening to me. It's a story. In the end, many, many girls listening to me. It's a story. In the end, many, many girls might be frustrated, not knowing themselves, not knowing how to be themselves, not knowing how to be who they are. She used to tell me that I have no

[24:09] tell me that I have no one. That, for me, one. That, for me, would make me cry. It was a huge response for me, so I didn't have the

[24:24] possibility of making a mistake. I mean, I can't make a mistake. You mean, I can't make a mistake. You know, sometimes parents tell

[24:38] their children, "I didn't have that backup plan." I didn't even have it. Even when I made money at a young age, 23, I wasn't going to spend it and go around.

[24:51] always wanted money in the end. And also, wanted money in the end. And also, my goal wasn't money. My primary goal was how I could live, how I could live. You know? Life in New York... you can't

[25:13] live in New York if you're someone who does n't have a sport. Where else would you live? You know, a cup of tea, a small one, $19, that's about 190 or 200 small one, $19, that's about 190 or 200 Moroccan dirhams. So

[25:33] my goal was how I could make a living. Then the goal became how I could improve in my field. Then the goal became how I could help the people who are my family, my

[25:45] sisters and my extended family. I'm the oldest, so for me, it's

[26:02] lot of faith in them, especially my sacrificed so much for us. We are three girls, so she really raised us and knew how to raise us. So I really believe that, God willing, God willing...

[26:19] girls, so she really raised us and knew how to raise us. So I really believe that, God willing, God willing... [music] So we go back to the dress...

[26:34] we go back to the dress... after all the numbers and money, it's all numbers and money. People's eyes are shining now, so we'll do this. How did I make a million at 23? What was the feeling when I first got my first million? Look, when I got that amount, I couldn't

[26:50] believe I had that money. It's true, when I got that amount, I couldn't believe I really had it. I thought, "Really?"

[27:04] I going to do with it?" Look, what I learned from the beginning wasn't the basics of investing. As a child, I didn't learn the basics of investing or putting money in the stock market or anything like that. But we learned the basics of saving and

[27:23] how to manage the money you have. So, the two merged when I made my first million. It was, "Okay, I have money now, but where am I going to put it? Where am I going to spend it?" I wasn't obsessed with spending it and buying watches and

[27:37] spending it and buying watches and cars and stuff like that. No, my obsession was how I cars and stuff like that. No, my obsession was how I could grow it and make it more. Focus on my career. You see, the goal wasn't the money itself. The goal was career, career, and everything around me. When

[27:52] you have that in life, I think that's what it's all about. The secret of sex is that the end is not the means. Because, look, I learned this in America. We're talking about Americans, like Elon Musk, Jeff Bezos, and the top people who

[28:04] Elon Musk, Jeff Bezos, and the top people who achieved great things. achieved great things. First, if someone has money, they invest it in projects, they invest it in life, like First, if someone has money, they invest it in projects, they invest it in life, like

[28:20] Brooks, they invest it here and there. Look at Mark Zuckerberg, he invests his money here and there. So, the goal isn't just to buy things. Human nature is the same;

[28:33] Human nature is the same; we're all equal. I swear to God, every human being... we're all equal. I swear to God, every human being... If you look at their lives, they're all the same. What differs is the quality of If you look at their lives, they're all the same. What differs is the quality of life.

[28:47] The quality is what differs. If you have want, go to work whenever you want, travel whenever you want, and

[29:02] help someone who needs it. If you don't have money, you're at a lower level. But what I'm talking about is the principles, the paradigm, the principles of a principles of a human being. In the end, you need 250 grams of

[29:16] meat a day. You can't eat more than that. If you eat more, you'll get sick. I'm currently here with only one car; I can't drive the others, right?

[29:35] Because in the end, it's all numbers. When you achieve the standard of living you

[29:50] time, thank God, I made it. Look, the first time I didn't make my first For me, to make your first billion, there are three things. The first is that you've finished. I

[30:08] first billion, there are three things. The first is that you've finished. I mean, you come from a family that started a business, a mean, you come from a family that started a business, a

[30:21] business that's been around for a while, like a Tiki-Diki, for example. Okay, I come from a family that doesn't respond. Okay, a Okay, I come from a family that doesn't respond. Okay, a

[30:36] company that I founded and developed. The whole thing is

[30:54] you have it. You can be something, and you can achieve wealth like that. You can be among the richest

[31:12] it's a foundation. For me, these two things... I went to the went to the I'm telling you, it's very difficult. It's easy for someone to have a billion,

[31:35] but it's easy for them to have a million. But that's for you. You'll see, I know them. I won't tell you the truth about how they got their money. I mean, the truth about how they got their money. I mean, okay, you see that behind it is something difficult.

[32:01] I see it as very difficult. So when I asked him, I said, "What do you want with the money? Just stay comfortable where you are." He told me, "You know, I swear I'll never forget that day. He told me that now he can't go

[32:22] to certain countries. He can't go there because people know him. The country knows him. If a billionaire moves from one country to another and takes his wealth to another country, the whole country is

[32:44] big. We've developed now. The matter is big. big. We've developed now. The matter is big. I mean, we're talking about billions and people. We might think that these people have reached a very high level of success, but we...

[32:57] let's talk now about millions. Billions will come in their time, God willing. In the stock market, many people are currently sitting... Every day you hear about

[33:10] sitting... Every day you hear about ads for trading and buying stocks, and ads for trading and buying stocks, and unfortunately, many people lose their money. Beginners are reckless and make unfortunately, many people lose their money. Beginners are reckless and make mistakes; they enter without knowing what they're doing, and that's why they lose. I want your

[33:23] advice, something to guide people on how they can enter this field and build themselves up. You said it yourself, whether it's a small or large account, you learn the same strategies you

[33:35] apply. You know why people lose money, so why do you think they lose money? Because they lack the necessary resources, they don't know Because they lack the necessary resources, they don't know what they're doing. As you said, the

[33:47] first reason I see is greed. Honestly, people lose money because of two things Honestly, people lose money because of two things in life, in any field: greed and fear. If someone can't control these

[34:02] two things, they lose everything. In this market, people are eager to invest. They think that $1000 will bring in a million. You know that the first lesson we

[34:14] million. You know that the first lesson we learn in the floor is how to handle money. When you see how to handle money. When you see numbers, how do you deal with them?

[34:30] Today, when he's losing money, how can I deal with him? Look, when you're dealing with money, it's a different feeling. Look, when you're dealing with money, it's a different feeling. Real money, sums of money, people's feelings are either fear or greed. What does fear mean? It means they just see, "Look, this is what you people

[34:47] who don't know much call it." They call it the red line. They see red and green, yes, but they see it going down, they get red and green, yes, but they see it going down, they get scared, they sell. "No, you're being greedy."

[35:00] scared, they sell. "No, you're being greedy." Okay. The second thing is, they get greedy. Okay. The second thing is, they get greedy. Their goal is to buy a stock at 10, Their goal is to buy a stock at 10, sell it at 10. If it goes up to more than 10, they don't

[35:17] sell it at 10. If it goes up to more than 10, they don't sell. They become greedy, they want it to go up even more. "No, no, I'll let it go until then." Then, in a moment, they realize they've lost all their money, and they're doomed. Now, for lost all their money, and they're doomed. Now, for

[35:34] unfortunately, you see, today I can't give financial advice on air. I can't apply it to you. Why, especially in the stock market? Why can't I give it? I look

[35:48] at Bloomberg, I look at CNBC. I'm looking to give, but I can't go and tell people to buy this and sell that because I have

[36:01] buy this and sell that because I have Ritzers behind me who know who Hasnaa Taleb is. Okay? And Ritzers behind me who know who Hasnaa Taleb is. Okay? And Mblin knows me. Any information I might have given to so-and-so, or said on air, about buying this and selling that, is fine by the

[36:17] regulator. Because the regulator's purpose is to protect ordinary people, to protect ordinary people's money. So how can someone go on air and say, "Buy this and sell that"? Now, on air and say, "Buy this and sell that"? Now, people who don't know this information and

[36:32] hear it from someone else giving advice say, "Wow, this say, "Wow, this person is giving advice and helping people." You person is giving advice and helping people." You have to be wary of him because his goal might be something

[36:46] else. Because if he really is a manager, he's not related to this, he can't give this advice. And unfortunately, many people fall into these mistakes.

[36:58] People fall into these mistakes because, firstly, it's greed. They see someone they don't even know what their background is. greed. They see someone they don't even know what their background is. Not just anyone who appears on TV can tell you that. There are many people on Instagram and

[37:13] many people on Instagram and social media who put screenshots and social media who put screenshots and things and get greedy. They say, "Telegram, sell it!" They go and do whatever they're told.

[37:31] Okay, give us money. Sometimes they message people saying, "Okay, money, give me $5,000 and I'll give you money." You know, if this person is You know, if this person is fully rated, they can't take money from anyone whose net

[37:46] worth isn't more than $1 million. Today, I can't deal with anyone whose net worth isn't more than $1 million. Why? Because of the

[37:59] Why? Because of the rules, I can't take an amount less than that, depending on rules, I can't take an amount less than that, depending on the fund, less than $100,000, for the fund, less than $100,000, for example. This is the legal

[38:11] framework. So, someone comes and tells you they can take $1,000, $2,000, or $3,000 from you to invest it for you. This is normal; they're lying to you. So, what does that mean in the current situation? How can

[38:23] So, what does that mean in the current situation? How can people tell the difference? Okay, it's a known fact. First, you have to check if they're legitimate or not. Let's say XYZ Inshan. You want

[38:39] or not. Let's say XYZ Inshan. You want to see if this person represents Inshan, right? This is to see if this person represents Inshan, right? This is XYZ. I'll go and put the Inshan here. I'll see if it's XYZ. I'll go and put the Inshan here. I'll see if it's available on the Elite port or

[38:52] not. I'll contact the Elite of the relevant entity and see and see if it has a license, a permit, or anything else. This person, the same one who's promoting this, what's his background? Okay, let's

[39:08] say his Crown Inshan worked with his company. company. This person can give advice, so you This person can give advice, so you go to him, you go to

[39:25] money and I want to do this for him." He'll give you the right strategy for where to put your money, like you go and send your money online to someone else. No way, no way. So how are there specific strategies for analyzing stock performance? How can you analyze stocks? How can you

[39:42] choose this option and not that one? Look, if you're talking technically, like, I'm... I'm if you're talking technically, like, I'm... I'm going to buy, meaning I'm getting a platform. First, this broker or platform broker firm... The first thing I

[39:58] broker or platform broker firm... The first thing I investor comes to me, I see their goal. First, what's your goal? How much do you want to put in? You want to put in 100, start with

[40:13] goal? How much do you want to put in? You want to put in 100, start with 100, okay? What's your goal? You want to achieve 20%? How much do you want? If they tell me 30, achieve 20%? How much do you want? If they tell me 30, okay, I can put in that amount for you. If you want, I'll

[40:34] put in a lot for you, but you'll achieve less than 10, I might but you'll achieve less than 10, I might give you 7 or 8.

[40:47] amount. That is, if you can lose. If you can can lose. If you can profit, you profit according to your means. profit, you profit according to your means. Then, while I'm

[41:07] trading, or will I just keep going and not

[41:22] achieve a certain number? Is it possible to put funds in this account? The easiest Is it possible to put funds in this account? The easiest thing is to do that. So, every month I add more money to the account. For example, if I put my initial investment of 100,000 in a fund that

[41:39] investment of 100,000 in a fund that gives 10% or 20%, I add 1,000 dirhams or 1,000 dollars to this account every month.

[41:52] Imagine the initial amount is 100,000, giving you, say, 15%. Does the 15%. Does the 100,000 you add each month also give you 15%? 100,000 you add each month also give you 15%? So,

[42:05] Kate, would you advise people to invest in stocks or stick to traditional investment fields or investors in general? Because there's a current trend: I'm going to invest in real estate, gold, or

[42:17] I'm going to invest in real estate, gold, or stocks. That's the common trend. Based on your experience in the field, what would you advise? I advise your experience in the field, what would you advise? I advise people to

[42:29] invest in what they understand. The worst investment is investing in things you don't understand. You lose money because you don't understand what gold is. Everyone understands gold; it's not like I don't understand it, so I buy it. And I'm not saying gold is always going up, gold is always going down. Who said gold is always going up? Gold goes up and down

[42:45] depending on the market forces. If I have it, it maintains its value regardless of the I have it, it maintains its value regardless of the percentage increase or the dollar's actual value. It's not that it's not big, it has small fractions. It maintains the value of money. Even the riyal in some

[43:00] countries goes down and up. But you're talking about higher risk and lower risk. If you invest, for example, in things that people

[43:18] investing? By the way, where were they investing? When gold was cheaper and real estate was cheaper, they would buy. When it went up, they would sell. We learned this from our grandparents. My grandmother used to invest her money like that. When she had some money, she would buy gold, and when it went down, she would sell it when it went up. So the

[43:34] money, she would buy gold, and when it went down, she would sell it when it went up. So the goal or purpose is always to invest. Investing is the best thing in life. That's why I left New York and came to The UAE's goal for investment is to understand how to achieve the same energy or time that I'm

[43:50] how to achieve the same energy or time that I'm currently using behind the screen, without having a live stream. How currently using behind the screen, without having a live stream. How can I set it up and let it work on its own? can I set it up and let it work on its own? Warren Buffett said that you achieve

[44:02] financial freedom when you let your money work for you, not the other way around. Right? So, right now, it's nice,

[44:17] but you need to know your goal and get into the tech world. Understand the tech, understand the tech. Look, they take you to a your goal and get into the tech world. Understand the tech, understand the tech. Look, they take you to a

[44:30] company. Today, when I invest my money in Tesla, I need to know everything need to know everything from Elon Musk's Tesla to its products, down to the last detail in Tesla. from Elon Musk's Tesla to its products, down to the last detail in Tesla. If you have an intern

[44:45] who knows the company, it makes things much easier. By the way, what about Bitcoin and the big ups and downs in the crypto world? What's your advice to people in the field? Look, honestly, I haven't entered the crypto world, I haven't entered the

[45:02] honestly, I haven't entered the crypto world, I haven't entered the Bitcoin world because we... and look at the people who... Investors, we always looked at crypto from a high place, thinking that the people in the crypto world had achieved a lot, but we looked at them like, "

[45:22] Who are these guys?" Then BlackRock came along, and they started putting a lot of money into Bitcoin. That opened everyone's eyes to what was

[45:35] happening. I sat with [music], [music], meaning crypto, including Bitcoin, which is Bitcoin. He's a partner with us, he has more than 3 units of

[46:05] units when it was practically worthless, and now it's worth. I sat with people in BlackRock,

[46:43] put your money into things you're not prepared to lose. For me, Bitcoin is like that because it's very volatile. Okay,

[47:20] this?" But should I put my money in if I'm starting with a dollar and want to buy it? Because it could be any bot if it's... My portfolio was $1,000 or $10,000. The most

[47:36] important thing in investing or trading is diversification. Diversifying your investment portfolio is what I was talking about on my TV show. Diversifying investment portfolios is the most

[47:51] important thing. Because if I have $10,000 and I put, say, 25% or 15% in Bitcoin, that's okay. But putting the whole amount in to buy Bitcoin? No, you get the picture. Diversification, of course.

[48:06] Don't put all your eggs in one basket. Yes, that's it. Don't put all your eggs in one basket. Hasnaa, you've brightened my day, may God bless you. It was an interesting interview. But before I finish, I always take something really good from a guest. They have to share it with people, the

[48:21] good from a guest. They have to share it with people, the essence of their experience, the experience they've had, and their understanding of the present and the future. No one knows what the future holds, but the important thing is to share the experience with people. When I was young, I was very ambitious.

[48:39] And I'm not ambitious, so every time someone comes to me with a certain ambition, they ask me, "How are you going to do it? they ask me, "How are you going to do it? How are you going to achieve it?" Like you say in Egyptian, right? So, what I always advise is to listen to advice

[48:54] always advise is to listen to advice

[49:06] from those who are good at giving advice. If you want advice, listen to it from the person you're aiming for. Okay? The second thing is you're aiming for. Okay? The second thing is

[49:18] always God, and always have faith in your love. I mean, be 100% sure that you will achieve your goal. I swear to God, 100% sure that you will achieve your goal. I swear to God, doors may always seem closed, but praise be to doors may always seem closed, but praise be to God, if your intentions are pure, you work hard,

[49:31] you find the right people, you talk to people, you desire, and you strive and strive, you will achieve what you want. No one has ever strived and been disappointed. It doesn't have to be exactly what you want; it could be something better than what you want. It

[49:46] you want. It could be something much better. Hasnaa, you enlightened me. It was a special episode could be something much better. Hasnaa, you enlightened me. It was a special episode always love the beginning because The beginning is where the difficulties lie, and after the first million, everything becomes

[50:01] the difficulties lie, and after the first million, everything becomes easy. All numbers and the world of numbers easy. All numbers and the world of numbers ultimately involve pressures and a lot of stress, but your belief in what you love—and this is what we talked about before the episode—the passion

[50:13] inside you and your love for the thing, is what makes you overcome any stress, any pressures you go through, you overcome any stress, any pressures you go through, any societal view of you, any challenges you see. And surely we have all encountered this from the beginning. What does she do? What is she doing? She is

[50:28] What does she do? What is she doing? She is ambitious and she tries and strives. Where is she? It's an equation like that, the equation of success. It's a difficult equation. How can you reach it? Everyone reaches success in the way they want. You enlightened me, Hasna. Thank you. May God bless you. Thank you.

⚡ Saved you 0h 50m reading this? Transcribe any YouTube video for free — no signup needed.