Saving typically results in you earning a lower return but with virtually no risk. In contrast, investing allows you the opportunity to earn a higher return, but you take on the risk of loss in order to do so.
I've come to realize that the key to amassing wealth lies in making sound investments. I purchased my first home at the age of 21 for $87,000 and sold it for $197,000. My second home, acquired for $170,000, was later sold for $320,000, and my third property, purchased at $300,000, fetched $589,000, with buyers covering all closing costs and expenses. Not reaching a million before retirement feels like an unfulfilled goal|.
Whichever firm you select, make sure you get your insurance from a reputable financial adviser, such as Jenny Pamogas Canaya, who has dedicated her career to financial planning. Because they will assist you in escalating, navigating better, and completing the task in a safer manner.||
I appreciate your approach to teaching.. To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough, we just need to hold onto our hopes and wait to see how things turn out because market movements are almost always unpredictable. In my portfolio, I'm noticing more red than green. I'm 47, and earn nothing less $150k per year, but nothing to show for it yet
since the crash, I've been in the red. I’m playing the long term game, so I'm not too worried but Jim Cramer mentioned there are still a lot of great opportunities, though stocks has been down a lot. I also heard news of a guy that made $250k from about $110k since the crash and I would really look to know how to go about this.
@@halselong4517 Research suggests people who work with a financial advisor feel more at ease about their finances and could end up with about 15% more money to spend in retirement.
@@lolitashaniel2342 My advisor STACEY LEE DECKER is highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. 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
@@sirheisenberg4459 Thank you for this tip. it was easy to find your coach. and I conducted thorough research on her credentials before scheduling a call with her. Based on her résumé, she appears to possess a high level of proficiency, and I am grateful for the opportunity to speak with her.
Thanks for all your tips, I am so bad with money and don't know how to budget properly, mostly because I grew up in a well of family who spent tons of money and spoiled me, so I grew up thinking money grew on trees lol. it's been a struggle learning everything as an adult, so your videos have been helpful
Some great ideas there. Claires journey also has some excellent suggestions. Good luck to everyone in trying to survive and save - my only tip would be not to put your life on hold whilst you are being more careful with your money (I really worry that people do this). There are many ways to still get out and about so please get creative and enjoy every moment x
Can you do a video on the different types of budget that you mention at the start of the video please? 50/30/20, envelope etc etc (can't remember the names!) Thanks!
I do my budget in November for the following year....that way I'm know how much I can spend on Christmad and be in the right mind set for the New Year. Also I'm doing a no spend on clothes, make-up as this where I tend to spend needlessly
Thank you for the last few videos Lara, really helpful to reset after Christmas to get myself back on track. We are hoping to have a family holiday this year, already have £100.00 saved in our "Holiday Fund", Keep the good advice coming :)
Please be careful about telling people not to use credit cards to buy things, especially using holidays as an example. Any bigger purchase that you may need protection on should go on credit cards. There is a difference between using a credit card for cash flow and protection than using it as a way of holding money on and not paying it off in full every month.
Saving typically results in you earning a lower return but with virtually no risk. In contrast, investing allows you the opportunity to earn a higher return, but you take on the risk of loss in order to do so.
I’m trying to get onto the investing ladder at 40. I wish at 55 I will be testifying to huge success!.,
I've come to realize that the key to amassing wealth lies in making sound investments. I purchased my first home at the age of 21 for $87,000 and sold it for $197,000. My second home, acquired for $170,000, was later sold for $320,000, and my third property, purchased at $300,000, fetched $589,000, with buyers covering all closing costs and expenses. Not reaching a million before retirement feels like an unfulfilled goal|.
Whichever firm you select, make sure you get your insurance from a reputable financial adviser, such as Jenny Pamogas Canaya, who has dedicated her career to financial planning. Because they will assist you in escalating, navigating better, and completing the task in a safer manner.||
I've come across several positive endorsements of Jenny Pamogas Canaya on various platforms, including RUclips channels, seminars, and more-
Thanks to these recommendations, I successfully located her online profile and have already reached out to her with a message-
I appreciate your approach to teaching.. To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough, we just need to hold onto our hopes and wait to see how things turn out because market movements are almost always unpredictable. In my portfolio, I'm noticing more red than green. I'm 47, and earn nothing less $150k per year, but nothing to show for it yet
since the crash, I've been in the red. I’m playing the long term game, so I'm not too worried but Jim Cramer mentioned there are still a lot of great opportunities, though stocks has been down a lot. I also heard news of a guy that made $250k from about $110k since the crash and I would really look to know how to go about this.
@@halselong4517 Research suggests people who work with a financial advisor feel more at ease about their finances and could end up with about 15% more money to spend in retirement.
@@sirheisenberg4459 Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.
@@lolitashaniel2342 My advisor STACEY LEE DECKER is highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. 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
@@sirheisenberg4459 Thank you for this tip. it was easy to find your coach. and I conducted thorough research on her credentials before scheduling a call with her. Based on her résumé, she appears to possess a high level of proficiency, and I am grateful for the opportunity to speak with her.
Love this set up and the quality is amazing! Great video as always x
Thanks so much!! Really appreciate that 🙌🏼
Thanks for sharing this with us! Great video!
Ok Lara I'm ten seconds in and just have to say - your hair looks amazing!!!
Oh thank you! Haha!! I thought it looked bad so that's cheered me up!! x
Thanks for all your tips, I am so bad with money and don't know how to budget properly, mostly because I grew up in a well of family who spent tons of money and spoiled me, so I grew up thinking money grew on trees lol. it's been a struggle learning everything as an adult, so your videos have been helpful
So valuable tips 🙏👍
Thank you so much for making such kind of video 🙏
So nice of you, thank you x
Some great ideas there. Claires journey also has some excellent suggestions. Good luck to everyone in trying to survive and save - my only tip would be not to put your life on hold whilst you are being more careful with your money (I really worry that people do this). There are many ways to still get out and about so please get creative and enjoy every moment x
I started doing meal plans not wasting as much food. Doing a saving tin as well x
Can you do a video on the different types of budget that you mention at the start of the video please? 50/30/20, envelope etc etc (can't remember the names!) Thanks!
Yes of course! xx
I do my budget in November for the following year....that way I'm know how much I can spend on Christmad and be in the right mind set for the New Year.
Also I'm doing a no spend on clothes, make-up as this where I tend to spend needlessly
Another brilliant video thanks Lara
Glad you enjoyed it and hopefully it was helpful - thank you for your comment, I really appreciate the feedback xx
❤️ Thank you so much, love your videos x
You are so welcome!
Thank you for the last few videos Lara, really helpful to reset after Christmas to get myself back on track. We are hoping to have a family holiday this year, already have £100.00 saved in our "Holiday Fund", Keep the good advice coming :)
Ahh, well done!! So glad they've been helpful x
Appreciate your videos 👍
Glad you like them!
Hello Friend👍 nice video im watching, I like to 🙏 Greetings From Sorong City, Papua Barat Daya Province. Indonesia
Had every intention of being great with my money this year,then best friends birthday in Jan so ended up going over what I had agen as always 😔
Was hoping not to spend too much after Christmas till we got a parking fine for £85 😂❤️❤️
Oh nooooo!! That’s such a pain x
Great hair 🍂🍃☕️👍🏻
Ah, thank you!! I was going to wear it up because I thought it was a bit scruffy so I'm pleased you said that xx
Loved this ❤️ your videos are a real inspiration.
Thank you so much!
Please be careful about telling people not to use credit cards to buy things, especially using holidays as an example. Any bigger purchase that you may need protection on should go on credit cards. There is a difference between using a credit card for cash flow and protection than using it as a way of holding money on and not paying it off in full every month.
I wanting to save up as much as I can as I want to move back to be near family. I have 3 kids all with special needs
Hello auntie just wondering do you drive barefoot?