Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
Although the stock market is exciting and can yield a healthy return on investment, professional advice is necessary for efficient portfolio management to prevent market burnout due to its extreme volatility.
I anticipated receiving $2,500 in interest on my initial $50,000 when I created a high-yield savings account online with 5.12863% interest compounded everyday. Rather, I was only given $420. I asked, and was informed that the website did not make it obvious that the interest is computed daily. With the help of an expert, my partner suggested that I switch to stocks, and in just six months, I experienced almost 80% capital increase (discounting dividends). Extremely advisable!
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Rebecca Nassar Dunne’” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments. I'm planning to invest about $130k of my savings in stocks this year, and I hope I make profits.
I believe every Investor should start with ETFs for a solid foundation, then diversify across asset classes and maintain disciplined, regular investing to minimize risks and maximize growth.
You don't need to find the next NVDA to succeed in investing. Just choose top-notch ETFs and partner with a financial advisor like I did. I turned $100k into $40,000 in annual dividends-a significant milestone for me today.
Your advisor seems competent. Could you share how I can reach out to them? I've recently sold some property and i am interested in investing in stocks.
I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
Not offering any particular advice, but I can assure you that most stocks still have growth potential. Re-distributing is not as hard as many people think it is. Ordinary investors lack the requisite level of diligence, so having a financial advisor on board is usually highly beneficial. In the market, this is how people generate enormous profits.
Absolutely! A skilled coach helped grow my investments from $321k to over $750k, primarily through stocks, ETFs, and bonds. I anticipate housing prices will stay stable until more homes become available.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
'Laurelyn Gross Pohlmeier' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
Well explained. Thanks for bringing up the videos financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject.
Everyone’s been preaching investing lately as a source of passive income but with a 70 hour weekly jobs and limited knowledge of financial instruments, how can I actually stay on top of things, I see every RUclips video saying BUY BUY! But when and how do I sell for profit at the right time?
The stock market is a way to hedge against inflation. Most notably amidst recession, investors need to understand where and how to allocate funds to hedge against inflation and still make profits.
in my opinion, the impact of the rise or fall of the U.S. dollar on investments is multi-faceted but learning how to grow your money has never been easier than now that you can explore and experience a truly diverse marketplace passively by using a well-performing portfolio-advisor.
Exactly why i enjoy my day to day market decisions being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/ analvsis they have, it's near impossible to not outperform, been using a portfolio-coach for over 2years+ and I've netted over 400k.
When ‘Carol Vivian Constable’ is trading, there's no nonsense and no excuses. She wins the trade and you win. Take the loss, I promise she'll take one with you.
I am regretting not investing in stocks ever since but still grateful i kept money in the money market. With about $200k maturing soon, i plan investing in the stock market. What stocks should I look into as a newbie to safely grow my money
Thats when you hire someone to manage your money. You need a (CFP) straight up! personally, I would invest in ETF's and also love investing in individual stocks.
very true, despite having no prior investing acumen, I started investing before the pandemic and pulled in a profit of approximately $950K that same year. In reality, all I was doing was getting professional advice.
How can I participate in this? I sincerely aspire to establish a secure financial future and I am eager to participate. Who is the driving force behind your success?
I’m pretty young and just started my portfolio with around $80K. Dividends drew me in right away! Slowly trying to create significant passive income and manage my Stock Portfolio. how do I invest to deal with markets ups & downs
Having an investment advisor is the best approach to the stock market right now. I was going solo without much success until my wife introduced me to an advisor. I've achieved over 80% capital growth this year, excluding dividends.
*Marissa Lynn Babula* is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
Its worse here, our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.
People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
@CarolineBrooklyn The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?
Scary!! I am loaded with high risk stock, and keep loading deeper and deeper! started with $35k made profit up to $46k and have lost it below $30k, my intentions are to add more capital, but really need some guidance before I lose it all
I would advise the counsel of a seasoned financial pro. It may seem expensive, but as the old saying goes - "you get what you pay for" "Expert solutions require Expert providers" - my mantra
Agreed, opting for financial advise can be a wonderful resource for getting your finances in order. At first-hand, I average 4 figure/month in dividends and my overall ROI just hit $550k. I only have 30 or so stocks with more of my investments in digital assets.
I've worked in real estate for over 25 years and have neglected a major stock portfolio, however I need a different plan now.. mind if I look up the professional guiding you please?
curiously inputted Melissa Elise Robinson on the web, spotted her consulting page and was able to schedule a call session, no sweat. Ive seen commentaries about advisors but not one looks this phenomenal
Dividends makes you Richer. I’ve been diligently working, saving and contributing towards early retirement and financial freedom, but since covid outbreak, the economy so far has caused my portfolio to underperform, do I keep contributing to my 401k or look at alternative sectors to meet my goals??
Agreed, having a good financial advisor is invaluable, my portfolio is well-matched for every season of the market and has just yielded 120% from early last year. I and my advisor are working on a 7 figure ballpark goal, tho this could take another year.
@boston6781 I opened a high yield savings account, bought dividend paying stock (mostly the ones recommended in this channel) opened up and max out a ROTH IRA account investmenting in the ETF funds also recommended in this channel, increased my contributions to my 403b plan from work but mostly by saving more money every month.
Honestly, this concerns me and has left me uneasy. Especially this potential depression, no more a recession. I'm unsure about my $130K account strategy, considering the uncertainty of this whole recession mostly.
Agreed! this is why I work with one. My $520k portfolio is well-matched for every market season yielding 85% rise from early last year to date. I and my advsor are working on more figures for this year. IMO, financial advisors are the most sought-after professionals after doctors.
I appreciate this. After curiously searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Charlotte Miller.
I'm surprised that you just mentioned and recommended Charlotte Miller, I met her at a conference in 2018 and we have been working together ever since.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
Investing in stocks could seem easy, but choosing the right stock without a tested plan might be difficult. For the longest time, I've been attempting to grow my $210,000 portfolio, but the largest obstacle is the absence of a well-defined entrance and exit strategy. On this subject, any input would be really appreciated.
Dealing across multiple asset classes can reduce risk more effectively than putting all of your money into one. If you don't understand finances properly, see a financial consultant.
A multitude of individuals downplay the significance of advice until their own emotions become unbearable. A few summers ago, after a drawn-out divorce, I needed a big shove to stay afloat with my firm. I located the most qualified advisor after searching for licensed advisors. Despite inflation, she has helped me grow my reserve from $275k to $850k.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with *Julianne Iwersen-Niemann* for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Brooke Miller.
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
Hi! I really appreciate your videos! I was not taught any of this and have felt overwhelmed trying to learn. Your videos are easy to follow and engaging! I’m playing catch-up at 54, but through vids like this, I am gaining confidence to start investing and I’m starting to see I just might be okay for retirement! Thank you!
I’m so jazzed to have “ discovered” you. Literally at the time when I decided there has to be a reasonable way to start and ramp up my investing. Your educational style is spot on and you are making a difference in my life after just two videos! Thank you so much! I’m just getting started but want you to know that I’m subscribed and in for the long haul. 🎉
To achieve a secure retirement, aiming to save at least 15% of your income in a 401(k) is advisable. Online tools can assist in calculating the best savings strategy for you, considering factors like age and income. Consistently saving this percentage can help build your retirement fund effectively, thanks to the benefits of compound interest.
For me, I believe retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My wife and I both spent same number of years in the civil service, she invested through a wealth manager and myself through the 401k. We both still earning after our retirement.
It's true that many people underestimate the importance of advisers until their own feelings burn them out. A few summers ago, following an ongoing divorce, I needed a significant push to keep my company afloat. I looked for licensed advisors and found someone with outstanding qualifications. She has contributed to my reserve increasing from $275k to $850k regardless of inflation.
Incredible. I believe in investing and working because I love luxury . when a buddy of mine recommended me to a financial advisor. We spoke about investments and money. I began investing with $120,000, and after two months, the value of my portfolio was $314,800. You think this is crazy, but I choose to reinvest my profit and become more intriguing. We have been working together for more than 10 years.
That's quite remarkable! I'm genuinely interested in benefiting from the guidance of such experienced advisors, especially considering the current state of my struggling portfolio. May I know the names of the advisors who has been assisting you in navigating these financial challenges?
You are an incredible teacher. I love how you explain these things that an imbecile can understand, even seniors like me. Thank you. Keep your videos as simple as possible and you will definitely have successful subscribers.
Great video! I think I'm going to open a HYSA account first. My questions is this: why would we want significantly more money in the Dividend paying account and Covered calls account? thanks Steve!
Thank you so much for this! Have the different types of accounts side-by-side with each being explained really helped. I helped me to realize the difference between these different accounts.
Excellent video. It's perfect for beginners and i have to show my kids this so they can understand what i'm trying to show them, you have showed it very eloquently here. Thank you.
I am so happy that i made a productive decision about my finances that changed my life forever. I am a single Dad and i live in Florida, i bought my first house in September and i hope to retire next year at 40 if all goes well. Thanks to Mrs Judith M Layton for helping me achieve this.
Love it bro glad I found you on yt I know about accounts and all that but I like to hear more peoples opinions on them and you explain them a lot better thank you
Every month I try to allocate a portion of my income into high yield investments. But I’m curious, how feasible is it to make my yearly salary in just one month without jeopardizing my portfolio
It’s definitely possible but extremely risky. You’d have to dive into high risk, high reward investments like cryptocurrencies or penny stocks. The current state of the US economy, with its volatility makes it even riskier
I tried something similar last year and ended up losing a significant amount of my portfolio. With inflation and market fluctuations it’s better to stick with more stable investment unless you have a solid backup plan and can afford potential losses
Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful
Thank you for your videos. I’m so ignorant in all these areas. I’m learning this lesson a little too late but no time like the present to take charge of your financial future.
Thank you for being transparent about your message. I appreciate it very much. Question - I have whole life policy with National life insurance- your thoughts?
hi Steve, I'm so impressed that such a young man has learned so much and is sharing the knowledge! In my case, due to long term expensive health issues and some bad financial decisions, I am in the older category with not much at all for retirement. Would your approach that you share of the HYSA, Dividend Paying Account and Covered Calls account be a good idea for someone older or is there a better way to use what little I have to grow it?
Newbies need to learn the ropes, know how much risk they can handle and diversify their portfolio. Some folks get help from money experts or do their homework before making investment moves. It's all about being smart with your funds.
Generally , the stock market provides a platform for buying and selling shares of publicly traded companies, offering potential opportunities for investors to grow their wealth, but it's essential to approach it with knowledge and caution.
That's correct. At first, I wasn't too pleased with my gains compared to my previous performances, I was doing so poorly, I thought I needed to diversify into better assets, so I got in touch with an investment-advisor. That same year, I pulled a net gain of £550k, which is about 10 times more than I average on...
My CFA Vivian Jean Wilhelm, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
BIG THANK YOU STEVE FOR SHARING😊 YOU HAVE A GOOD ❤. PLEASE CONTINUE TO SHARE YOUR KNOWLEDGE ON HOW TO HAVE PASSIVE INCOME. IM YOUR NEW SUPPORTER😊. I AM TAKING CARE OF MY MOM AND I NEED THIS HELP. THANK YOU SO MUCH.
Hi Steve! Love your videos! I would be interested to know the pros and cons for the Roth IRA vs the brokerage account specifically how it relates to taxes at the end of the year. Thank you!
Just an FYI. I might of missed it, but If you mentioned it. SOFI only offers an APY of over 4%. If you set up direct deposit and that’s if you qualify; or by making a one time deposit of $5000. I used your link and signed up. This was the situation.
Hi Steve! I’m in my 40’s and I’m new in investing. I always watch your videos😊 I opened a Roth IRA and I bought some SPY 500 but in you video shows that it’s for cover calls, my question is if I should sell them and buy some VOO instead. Thank you so much!
Both VOO and SPY track the S&P 500, and the main difference is the expense ratio, which is what you are charged for their management of the ETF and for holding those shares. I think VOO is lower, but Vanguard may charge a different rate depending on where you own it. So, call your brokerage and ask about the expense ratio. Also, check to see which ETF has the better premiums for selling calls.
❤I’ve learned so much. I have inherited a nice amount By watching your videos I have gained confidence enough to walk into fidelity & formulate a plan. Originally my sister & I walked into Raymond James (my dad’s broker) it wasn’t a fit basically saying hand over your cash I take care of it for a fee. But fidelity seemed like a learning & participating opportunity
I would like more explanation about the high yield account like what I need to do when I do my taxes and stuff I just started is not a lot what I’m getting but I would like you to have more knowledge about it. Thank you
Thanks for your videos; they are very informative. I've attempted connecting to your links, and two of them were unsuccessful. I'm 74 years old and looking for how to create passive income. Are you offering intermediate videos or online courses to learn or a mentorship? Thanks, MM
Building residual income going into your golden years is key to financial freedom!!! We have built the OTG platform to help others build residual income while helping others
You are so wonderful! It is so amazing what you are doing to help people. I wish i had found you sooner. Thank you so much. I need you. I do need help now. I am 69 and just retired. Is it possible to not necessarily get wealthy but just have extra money during my retirement?
Great Video: can you expand more on this Video, specifically why keeping Dividends and Covered calls on different brokerage accounts and can you do a video on audience if 50 plus picking Dividends when we only have 10 to 15 years bf retirement. Thx
We have "outsized gains" on so many equities. What do u think about selling close to the money CC's on half of the holdings and then buying protective puts about 5-7% below current prices?
How do you separate the $500 into those different Funds? If you own VOO and Schd....do you just split it...$250 each.? What if you have more than just those 2? Is there a strategy to this?
We are 65 + we have about $150 k to invest to supplements our retirement. On a monthly, quarterly, yearly basis . She'll we go with S&P 500 directly from my bank ? Or via ETF' ? Tank you
Hmmm. You need 100 shares of a stock to sell options. While building up that 100 shares you expect a “bunch of stock splits”. What stock are you using that does a bunch of splits in a year?From what I’ve seen splits are not nearly that often for 1 stock. Which stock are you talking about?
It all sounds good if you believe in the value of currency. You return is in fiat currency which is going to zero value from over printing. Buy silver and gain real non counter party risk asset.
Can you do a video on jobs that will train people with learning disabilities and that have benefits, raises and bonus. Legit jobs! Some seem very sketchy
Hi Steve How to invest for the beginning have no experience with thestock. I'm 43 yrs from Canada. I do have fund 10k to invest. I love you to suggest. what kind of stock should I buy for my beginning ? Thank you, Khema
Bro i used to trade and lost 30k usd. I was listening to those youtubers and trying tk time the markets. I realised they were only selling courses and didnt know anything. Now i realised that longterm investing would have been much better. I wouodnt ha e lost any money even when the market went down because I not planning to remove the money for decades. This is a simple and effective way to become a millionaire or juat to start building wealth. It may take a while but you will have your money at the end of the day.
Hello Fo you have any videos on C D s , Or What's your opinion on those , I've been comparing lots and seem to make more money through those , Yes , You need your deposit a lot more But if you use your same startegy you use for Roth IRA s in two years you'd have a good chunk of money Your thoughts please or opinions Thanks alot I wish I'd seen your videos when I was younger No worries though It's never to late to start Thank you much Your the Bomb !!
Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
Although the stock market is exciting and can yield a healthy return on investment, professional advice is necessary for efficient portfolio management to prevent market burnout due to its extreme volatility.
I anticipated receiving $2,500 in interest on my initial $50,000 when I created a high-yield savings account online with 5.12863% interest compounded everyday. Rather, I was only given $420. I asked, and was informed that the website did not make it obvious that the interest is computed daily. With the help of an expert, my partner suggested that I switch to stocks, and in just six months, I experienced almost 80% capital increase (discounting dividends). Extremely advisable!
That's impressive ! I could really use the expertise of one of these advisors. Any chance you could recommend one?
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Rebecca Nassar Dunne’” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments. I'm planning to invest about $130k of my savings in stocks this year, and I hope I make profits.
I believe every Investor should start with ETFs for a solid foundation, then diversify across asset classes and maintain disciplined, regular investing to minimize risks and maximize growth.
You don't need to find the next NVDA to succeed in investing. Just choose top-notch ETFs and partner with a financial advisor like I did. I turned $100k into $40,000 in annual dividends-a significant milestone for me today.
Your advisor seems competent. Could you share how I can reach out to them? I've recently sold some property and i am interested in investing in stocks.
Rebecca Noblett Roberts is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
I searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you
I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
Not offering any particular advice, but I can assure you that most stocks still have growth potential. Re-distributing is not as hard as many people think it is. Ordinary investors lack the requisite level of diligence, so having a financial advisor on board is usually highly beneficial. In the market, this is how people generate enormous profits.
Absolutely! A skilled coach helped grow my investments from $321k to over $750k, primarily through stocks, ETFs, and bonds. I anticipate housing prices will stay stable until more homes become available.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
'Laurelyn Gross Pohlmeier' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
Well explained. Thanks for bringing up the videos financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject.
Trading in Bitcoin now is the wisest thing to do now especially beginner.....
Most people think, investing in crypto is all about buying coins and hodling, come on it takes much analysis to be a successful crypto trader.
Please how do I go about it, am still a newbie on investment trading and how can I make profit?
Kathleen's assessment of cryptocurrencies is by far the most accurate... A must for all beginners and experienced crypto traders.
Ever since I started following Kathleen Susan strategies, my trading game has elevated to new heights truly a mastermind in the trading
Everyone’s been preaching investing lately as a source of passive income but with a 70 hour weekly jobs and limited knowledge of financial instruments, how can I actually stay on top of things, I see every RUclips video saying BUY BUY! But when and how do I sell for profit at the right time?
The stock market is a way to hedge against inflation. Most notably amidst recession, investors need to understand where and how to allocate funds to hedge against inflation and still make profits.
in my opinion, the impact of the rise or fall of the U.S. dollar on investments is multi-faceted but learning how to grow your money has never been easier than now that you can explore and experience a truly diverse marketplace passively by using a well-performing portfolio-advisor.
Exactly why i enjoy my day to day market decisions being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/ analvsis they have, it's near impossible to not outperform, been using a portfolio-coach for over 2years+ and I've netted over 400k.
hello , Where can I find this coach?
When ‘Carol Vivian Constable’ is trading, there's no nonsense and no excuses. She wins the trade and you win. Take the loss, I promise she'll take one with you.
I am regretting not investing in stocks ever since but still grateful i kept money in the money market. With about $200k maturing soon, i plan investing in the stock market. What stocks should I look into as a newbie to safely grow my money
Thats when you hire someone to manage your money. You need a (CFP) straight up! personally, I would invest in ETF's and also love investing in individual stocks.
very true, despite having no prior investing acumen, I started investing before the pandemic and pulled in a profit of approximately $950K that same year. In reality, all I was doing was getting professional advice.
How can I participate in this? I sincerely aspire to establish a secure financial future and I am eager to participate. Who is the driving force behind your success?
Her name is "Dianne Sarah Olson" just look her up and you will find necessary details to work with her
thank you for this tip. it was easy to find your coach. Did my due diligence on her before emailing her. she seems proficient considering her résumé.
I’m pretty young and just started my portfolio with around $80K. Dividends drew me in right away! Slowly trying to create significant passive income and manage my Stock Portfolio. how do I invest to deal with markets ups & downs
It's wise to seek expert assistance when beginning your financial portfolio. market is volatile, so professional guidance is so important..
Having an investment advisor is the best approach to the stock market right now. I was going solo without much success until my wife introduced me to an advisor. I've achieved over 80% capital growth this year, excluding dividends.
Hey friend, How can I work with your Fiduciary?
*Marissa Lynn Babula* is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
Searched the web and saw her profile and accreditations, someone with great experience I must say, thanks!
Its worse here, our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.
People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Just ran an online search on her name and came across her websiite; pretty well educated. thank you for sharing.
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
@CarolineBrooklyn That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well
@CarolineBrooklyn The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?
@CarolineBrooklyn I will give this a look, thanks a bunch for sharing.
Retire in FL
Scary!! I am loaded with high risk stock, and keep loading deeper and deeper! started with $35k made profit up to $46k and have lost it below $30k, my intentions are to add more capital, but really need some guidance before I lose it all
I would advise the counsel of a seasoned financial pro. It may seem expensive, but as the old saying goes - "you get what you pay for" "Expert solutions require Expert providers" - my mantra
Agreed, opting for financial advise can be a wonderful resource for getting your finances in order. At first-hand, I average 4 figure/month in dividends and my overall ROI just hit $550k. I only have 30 or so stocks with more of my investments in digital assets.
I've worked in real estate for over 25 years and have neglected a major stock portfolio, however I need a different plan now.. mind if I look up the professional guiding you please?
Melissa Elise Robinson is the licensed advisor I use. Just research the name. You’d find necessary details to work with and set up an appointment.
curiously inputted Melissa Elise Robinson on the web, spotted her consulting page and was able to schedule a call session, no sweat. Ive seen commentaries about advisors but not one looks this phenomenal
Dividends makes you Richer. I’ve been diligently working, saving and contributing towards early retirement and financial freedom, but since covid outbreak, the economy so far has caused my portfolio to underperform, do I keep contributing to my 401k or look at alternative sectors to meet my goals??
Agreed, having a good financial advisor is invaluable, my portfolio is well-matched
for every season of the market and has just yielded 120% from early last year. I and my
advisor are working on a 7 figure ballpark goal, tho this could take another year.
Her name is. 'NICOLE ANASTASIA PLUMLEE’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Make sure you know that a dividend strategy is very difficult. Reason being no value is created when a dividend is distributed.
I started with about 15k now it's 40K in about 2 years, 100K here i come !
Woohoo! Be proud of yourself! :)
How?
@boston6781 I opened a high yield savings account, bought dividend paying stock (mostly the ones recommended in this channel) opened up and max out a ROTH IRA account investmenting in the ETF funds also recommended in this channel, increased my contributions to my 403b plan from work but mostly by saving more money every month.
How did you do that?
Bitcoin
Honestly, this concerns me and has left me uneasy. Especially this potential depression, no more a recession. I'm unsure about my $130K account strategy, considering the uncertainty of this whole recession mostly.
If you lack knowledge about market investing tactics, get advice from a financial counselor.
Agreed! this is why I work with one. My $520k portfolio is well-matched for every market season yielding 85% rise from early last year to date. I and my advsor are working on more figures for this year. IMO, financial advisors are the most sought-after professionals after doctors.
I could really use the expertise of this advsors.
BONITA JEANETTE RODRIGUEZ is who i work with and she is a hot topic even among financial elitist. Just browse, you’d find her, thank me later.
I appreciate this. After curiously searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Charlotte Miller.
I'm surprised that you just mentioned and recommended Charlotte Miller, I met her at a conference in 2018 and we have been working together ever since.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.
I'm new at this, please how can I reach her?
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
Investing in stocks could seem easy, but choosing the right stock without a tested plan might be difficult. For the longest time, I've been attempting to grow my $210,000 portfolio, but the largest obstacle is the absence of a well-defined entrance and exit strategy. On this subject, any input would be really appreciated.
Dealing across multiple asset classes can reduce risk more effectively than putting all of your money into one. If you don't understand finances properly, see a financial consultant.
A multitude of individuals downplay the significance of advice until their own emotions become unbearable. A few summers ago, after a drawn-out divorce, I needed a big shove to stay afloat with my firm. I located the most qualified advisor after searching for licensed advisors. Despite inflation, she has helped me grow my reserve from $275k to $850k.
You seem to know the market better than we do, so that makes great sense. Who is the guide?
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with *Julianne Iwersen-Niemann* for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
I simply Googled her name and her website came up right away. So far, it appears interesting. I emailed her, and I hope she responds soon. Thanks
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Brooke Miller.
I'm surprised that you just mentioned and recommended Brooke Miller, I met her at a conference in 2018 and we have been working together ever since.
The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.
I'm new at this, please how can I reach her?
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
she's mostly on Instagrams, using the user name
Hi! I really appreciate your videos! I was not taught any of this and have felt overwhelmed trying to learn. Your videos are easy to follow and engaging! I’m playing catch-up at 54, but through vids like this, I am gaining confidence to start investing and I’m starting to see I just might be okay for retirement! Thank you!
Yay! I'm glad my videos are easy to follow. I'm glad you're gaining confidence! :)
@@CalltoLeapll
I’m so jazzed to have “ discovered” you. Literally at the time when I decided there has to be a reasonable way to start and ramp up my investing. Your educational style is spot on and you are making a difference in my life after just two videos! Thank you so much! I’m just getting started but want you to know that I’m subscribed and in for the long haul. 🎉
To achieve a secure retirement, aiming to save at least 15% of your income in a 401(k) is advisable. Online tools can assist in calculating the best savings strategy for you, considering factors like age and income. Consistently saving this percentage can help build your retirement fund effectively, thanks to the benefits of compound interest.
For me, I believe retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My wife and I both spent same number of years in the civil service, she invested through a wealth manager and myself through the 401k. We both still earning after our retirement.
It's true that many people underestimate the importance of advisers until their own feelings burn them out. A few summers ago, following an ongoing divorce, I needed a significant push to keep my company afloat. I looked for licensed advisors and found someone with outstanding qualifications. She has contributed to my reserve increasing from $275k to $850k regardless of inflation.
Incredible. I believe in investing and working because I love luxury . when a buddy of mine recommended me to a financial advisor. We spoke about investments and money. I began investing with $120,000, and after two months, the value of my portfolio was $314,800. You think this is crazy, but I choose to reinvest my profit and become more intriguing. We have been working together for more than 10 years.
That's quite remarkable! I'm genuinely interested in benefiting from the guidance of such experienced advisors, especially considering the current state of my struggling portfolio. May I know the names of the advisors who has been assisting you in navigating these financial challenges?
@@ChrisDERUNNER Cynthia Alexandra Jackson
You are an incredible teacher. I love how you explain these things that an imbecile can understand, even seniors like me. Thank you. Keep your videos as simple as possible and you will definitely have successful subscribers.
Thank you for caring for others and thank you for sharing the knowledge. Much appreciated and love the analogy.
came across your page not to long ago thanks for the gems 💎 the school need teachers like you
Great video! I think I'm going to open a HYSA account first. My questions is this: why would we want significantly more money in the Dividend paying account and Covered calls account? thanks Steve!
Thank you so much for this! Have the different types of accounts side-by-side with each being explained really helped. I helped me to realize the difference between these different accounts.
Excellent video. It's perfect for beginners and i have to show my kids this so they can understand what i'm trying to show them, you have showed it very eloquently here. Thank you.
Glad it was helpful!
I am so happy that i made a productive decision about my finances that changed my life forever. I am a single Dad and i live in Florida, i bought my first house in September and i hope to retire next year at 40 if all goes well. Thanks to Mrs Judith M Layton for helping me achieve this.
The very first time we tried, we invested $1000 and after a week, we received $3900. That really helped us a lot to pay up our bills
I'm new at this, please how can I reach her?
I was skeptical at first until I decided to try. It’s huge returns is awesome! I can’t say much.
she's mostly on Telegrams, with the user name.
@Layton15 That's it..
Love it bro glad I found you on yt I know about accounts and all that but I like to hear more peoples opinions on them and you explain them a lot better thank you
Thank you for the support! :)
This is exactly the type of account I plan to open that will be supported by the passive income received from my 4plex and 8plex properties.
Every month I try to allocate a portion of my income into high yield investments. But I’m curious, how feasible is it to make my yearly salary in just one month without jeopardizing my portfolio
It’s definitely possible but extremely risky. You’d have to dive into high risk, high reward investments like cryptocurrencies or penny stocks. The current state of the US economy, with its volatility makes it even riskier
I tried something similar last year and ended up losing a significant amount of my portfolio. With inflation and market fluctuations it’s better to stick with more stable investment unless you have a solid backup plan and can afford potential losses
Good thing they are being honest now, many portfolios could take a significant hit if not properly diversified
Only high qualified professionals who had experienced the 2008 financial crisis could help to earn a high in these challenging conditions
Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful
Thank you from the bottom of my heart. Your saving lives whether you realize it or not.
Appreciate it!
Thank you for your videos. I’m so ignorant in all these areas. I’m learning this lesson a little too late but no time like the present to take charge of your financial future.
You got this! It's not too late to get started with your finances!
Thank you, you make it easier to understand.
Thank you for being transparent about your message. I appreciate it very much. Question - I have whole life policy with National life insurance- your thoughts?
hi Steve, I'm so impressed that such a young man has learned so much and is sharing the knowledge! In my case, due to long term expensive health issues and some bad financial decisions, I am in the older category with not much at all for retirement. Would your approach that you share of the HYSA, Dividend Paying Account and Covered Calls account be a good idea for someone older or is there a better way to use what little I have to grow it?
Thanks for simplifying the process for savings and investments. Much appreciated!
Glad it was helpful!
Newbies need to learn the ropes, know how much risk they can handle and diversify their portfolio. Some folks get help from money experts or do their homework before making investment moves. It's all about being smart with your funds.
Generally , the stock market provides a platform for buying and selling shares of publicly traded companies, offering potential opportunities for investors to grow their wealth, but it's essential to approach it with knowledge and caution.
That's correct. At first, I wasn't too pleased with my gains compared to my previous performances, I was doing so poorly, I thought I needed to diversify into better assets, so I got in touch with an investment-advisor. That same year, I pulled a net gain of £550k, which is about 10 times more than I average on...
I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
Just research the name Vivian Jean Wilhelm. You’d find necessary details to work with a correspondence to set up an appointment.
My CFA Vivian Jean Wilhelm, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
BIG THANK YOU STEVE FOR SHARING😊 YOU HAVE A GOOD ❤. PLEASE CONTINUE TO SHARE YOUR KNOWLEDGE ON HOW TO HAVE PASSIVE INCOME. IM YOUR NEW SUPPORTER😊. I AM TAKING CARE OF MY MOM AND I NEED THIS HELP. THANK YOU SO MUCH.
Wow. To be as young as you are, you definitely have alot of wisdom for wealth building.
Thank you for all the tips
Very Comprehensive video. Keep up the great work!
Glad you liked it! Thank you!!!
Hi Steve! Love your videos! I would be interested to know the pros and cons for the Roth IRA vs the brokerage account specifically how it relates to taxes at the end of the year. Thank you!
Just an FYI. I might of missed it, but If you mentioned it. SOFI only offers an APY of over 4%. If you set up direct deposit and that’s if you qualify; or by making a one time deposit of $5000. I used your link and signed up. This was the situation.
Hi Steve, great video! Do you have to sell and reinvest your profits into the same stocks/ ETFs or better to leave it to compound?
I'd like to see a video on taxes on all these different incomes. What shelters do you use?
Hi Steve! I’m in my 40’s and I’m new in investing. I always watch your videos😊 I opened a Roth IRA and I bought some SPY 500 but in you video shows that it’s for cover calls, my question is if I should sell them and buy some VOO instead. Thank you so much!
Both VOO and SPY track the S&P 500, and the main difference is the expense ratio, which is what you are charged for their management of the ETF and for holding those shares. I think VOO is lower, but Vanguard may charge a different rate depending on where you own it. So, call your brokerage and ask about the expense ratio. Also, check to see which ETF has the better premiums for selling calls.
❤I’ve learned so much. I have inherited a nice amount By watching your videos I have gained confidence enough to walk into fidelity & formulate a plan. Originally my sister & I walked into Raymond James (my dad’s broker) it wasn’t a fit basically saying hand over your cash I take care of it for a fee. But fidelity seemed like a learning & participating opportunity
I must say, I do enjoy your videos very much. God bless and continue doing a great job!
Yep so true what you say Steve thank you for such useful information!
Hi you need to make a tutorial on how to open a dividend paying to people who are not familiar with that thanks for sharing 😊
I would like more explanation about the high yield account like what I need to do when I do my taxes and stuff I just started is not a lot what I’m getting but I would like you to have more knowledge about it. Thank you
Thanks for your videos; they are very informative. I've attempted connecting to your links, and two of them were unsuccessful. I'm 74 years old and looking for how to create passive income. Are you offering intermediate videos or online courses to learn or a mentorship? Thanks,
MM
Thank you Steve!
Building residual income going into your golden years is key to financial freedom!!! We have built the OTG platform to help others build residual income while helping others
Great content!! Thank you ❤❤❤
You are so wonderful! It is so amazing what you are doing to help people. I wish i had found you sooner. Thank you so much. I need you. I do need help now. I am 69 and just retired. Is it possible to not necessarily get wealthy but just have extra money during my retirement?
Thanks so Much! Great Information!
Thank you very much! I like your voice. Easy to understand too😊
Thank you!!! :)
Great Video: can you expand more on this Video, specifically why keeping Dividends and Covered calls on different brokerage accounts and can you do a video on audience if 50 plus picking Dividends when we only have 10 to 15 years bf retirement. Thx
I invest all my money from Uber Eats. Wish me luck
We have "outsized gains" on so many equities. What do u think about selling close to the money CC's on half of the holdings and then buying protective puts about 5-7% below current prices?
I love this video, and I just want to say I went to the school you taught at. Very sad you left, you were great. 😢
Aw appreciate the comment!
Would you consider investing in a Money Market Account? I need a video asap. Thanks
Thank you Steve for all you are doing❤❤❤
Thank you for the support!
Steve very interested in how to invest in covered calls. Would like to have more guidance from you thank you.
You’re amazing!! 🤩 Thanks so much!!
for 100K in HYSA account and u get around 400-500 a month..? learn options and sell safe OTM puts and generate double like 1000 a month..
I like a combination of both since the stock market has more risk than a HYSA.
What kind of account do we need for our dividend paying accounts should it be a roth Ira or something else
Thank you
Thanks for all your videos! I started watching you on TikTok. I have opened an account with Fidelity 🙏🙏🙏👍
Thank ou so much for this video ... Very practical
Glad it was helpful!
Hi Steve, let says I already have this set up and ready to enjoy the result, what is the best way to exit or withdraw these large funds?
How do you separate the $500 into those different Funds? If you own VOO and Schd....do you just split it...$250 each.? What if you have more than just those 2? Is there a strategy to this?
We are 65 + we have about $150 k to invest to supplements our retirement. On a monthly, quarterly, yearly basis .
She'll we go with S&P 500 directly from my bank ?
Or via ETF' ?
Tank you
where and how to invest dividend paying accounts? do you have tutorials? thank you
Hmmm. You need 100 shares of a stock to sell options. While building up that 100 shares you expect a “bunch of stock splits”. What stock are you using that does a bunch of splits in a year?From what I’ve seen splits are not nearly that often for 1 stock. Which stock are you talking about?
I am.on track to be a Tax Free Millionaire in 8 to 10 yrs. 🎉🎉🎉🎉🎉
Hurray to Roth IRAs!
It all sounds good if you believe in the value of currency. You return is in fiat currency which is going to zero value from over printing. Buy silver and gain real non counter party risk asset.
Can you do a video on jobs that will train people with learning disabilities and that have benefits, raises and bonus. Legit jobs! Some seem very sketchy
is there a way to download your compound calculator?
Does a HYSA give a monthly 4% a month? Or 4% annual divided into each month? Or how does the pay out work?
Annual divided! If it was 4% a monthly everyone would’ve invested in ONLY in HYSA!😂😂😂
Have you made a video about a UGMA account? It's pros and cons? Thanks
Hey Steve, do you have any information on High-Yield Savings Accounts in the EU?
Just to clarify--->Is what you presented--in this video--only for those who live in the USA?
Thank you for your insight 💯💪🏿
Should I work on paying off my house before investing?
You can do a little of both. Thats what I’m doing!
Hi Steve
How to invest for the beginning have no experience with thestock. I'm 43 yrs from Canada. I do have fund 10k to invest. I love you to suggest. what kind of stock should I buy for my beginning ?
Thank you,
Khema
Bro i used to trade and lost 30k usd. I was listening to those youtubers and trying tk time the markets. I realised they were only selling courses and didnt know anything.
Now i realised that longterm investing would have been much better. I wouodnt ha e lost any money even when the market went down because I not planning to remove the money for decades.
This is a simple and effective way to become a millionaire or juat to start building wealth. It may take a while but you will have your money at the end of the day.
Do you have a vid link on beginners guide to selling calls?
Really? If you're asking for these simple questions... hmmmnn
I have a lot on my channel. Feel free to check them out!
@@gutemaguutuu5117 well his vids are cool for beginners. Maybe you need to watch someone who has vids for advanced investors
Fantastic Video!!!!!
Thanks!!!!
Does this mean we need 2 separate brokerage accounts? 1 For dividends and another for covered calls?
Hi what do you mean by individual taxable and brockerage account?
Thank uou
Fidelity told me I was not eligible for “options” although I can buy ETF, just did it today. What does it mean that I can’t do options?
I want to understand more how to make covered calls. Pls. Thank you!
You got it! I have videos on my channel about this!
@@CalltoLeap i will check on it. Thank you!
Hello Fo you have any videos on C D s ,
Or
What's your opinion on those ,
I've been comparing lots and seem to make more money through those ,
Yes ,
You need your deposit a lot more
But if you use your same startegy you use for Roth IRA s in two years you'd have a good chunk of money
Your thoughts please or opinions
Thanks alot I wish I'd seen your videos when I was younger
No worries though
It's never to late to start
Thank you much
Your the Bomb !!
Love your content! Thank you !!
Thanks 🙂
Thank you Steve! How do you pay taxes on your money you make from these investments? Who keeps track off all these accounts?
example: if you have these accounts open with fidelity they send you tax documents at the beginning of the year breaking down what you owe taxes on.
My money sat in a traditional account for years. Always knew I should move it! Now I’m making close to $400 per month. Regret not doing it sooner!!!!!
Awsome information
Omg, I don’t have 40 years, haha, so sorry I waited, but it has become a lot easier in the last few years.
Is it possible to lose money on a covered call?