Roasting My Subscribers’ Investment Portfolios *again*
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- Опубликовано: 28 июн 2024
- Since the last "Roasting My Subscribers' Investment Portfolios" did so well, we're back for a part 2. This week, we go over the profiles of a 37Y couple in LA, a 24Y in the midwest looking to buy an orchard, and a 49Y in Phoenix wondering what he should be doing with his extra cash.
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WHO AM I?
Hello 👋 I’m Humphrey, I used to be a financial advisor, worked in gaming/tech, and started my own eCommerce business. I make practical, rational content on investing, personal finance, the news, and much more with a data-backed approach. My goal is to help you with financial literacy and creating wealth.
PS: I am no longer a current Financial Advisor, any investment commentary are my opinions only. Some of the links in this description are affiliate links that I do receive a commission for & they help support the channel!
⏱️ Timestamps:
0:00 - Start Here
0:26 - 37 Year Old Couple in LA
7:13 - 24 Year Old Living in the Midwest
13:05 - 49 Year Old Living in Phoenix
We're BACK baby! Hope you enjoy this edition of Portfolio Roasts/Reviews. Are you subscribed... BTW? Come on now ;) Discord: discord.gg/humphrey
Keep em coming
👍🏼
@@zaqutixayy I saw you on the Discord!
Hey what do you think about physical gold? Or is that not what this channel about.
Thank you! I am really enjoying these videos of real world scenarios. Please post more like these every so often!
I have been self managing my portfolio for the past 5 years and currently with $150k asset under management I have underperformed for the past 2 years and this has got me worried. Are there anyways to turn this around as I am closing in on retirement.
Avoid tax complications; consult a financial advisor to restructure your portfolio instead of selling off assets.
Apt!! I was self managing but suffered heavy losses in 2022 and i knew i couldn't continue like that, so i consulted a fiduciary advisor. By restructuring and diversifying my $250k portfolio with dividend-paying stocks, ETFs, Mutual funds and REITs, I significantly boosted my portfolio, achieving an annualized gain of 25%.
Impressive! How can I contact this advisor? My portfolio has underperformed, and I need guidance.
'Kristin Amber Landis' is the licensed advisor I use. Just research the name. You’d find necessary details to work with 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.
I have a 3 fund portfolio consisting of 33% S&P, 33% Total stock, and 33% international. I feel a need to focus on complete growth so I went 100% stocks, but does the SP500 and TSM overlap too much to make sense holding both? However I’ve been in the red for a month now. I work hard for my money, so investing is making me a nervous sad wreck. I don’t know if I should sell everything, sit and just wait but watching my portfolio dwindle away is such an eye -sore.
There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor 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/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.
I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach?
MICHELE KATHERINE SINGH 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.
My needs are kind of unique and complex. I'll contact her nonetheless, and I hope I'm able to make something out of it.
We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.
Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst.
Could you possibly recommend a CFA you've consulted with?
Angela Lynn Schilling is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.
I am at the beginning of my "investment journey", planning to put 85K into dividend stocks so that I will be making up to 30% per year in dividend returns. Any advice?
Adding JEPI and JEPQ are smart additions in my opinion. As for staying committed to higher-risk investments, it's all about balancing your risk tolerance with your long-term goals.
The market is not necessarily a rollercoaster if you know your way around the market, there are various opportunities in the present market to accrue good profit, If you are not too savvy with the market, just buy and hold on strong companies with good earnings, or consult with advisors on ETFs and actively managed funds. that’s what works for my spouse and I. We've made over 30% capital growth minus dividends.
I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advis0r? I'll be happy to use some help.
Rachel Sarah Parrish is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
Please protect your comment section from the FAKE financial advisor advertising. It’s out of control
So annoying…
Protect adults from obvious scams? If you fall for a RUclips bot comment thread, you kinda deserve it
@@programmerm5907 theyre pretty obvious but who wants advertising scams that pretend to be real comments in the comment section… makes me avoid the comments which ruins engagement for the youtuber
@@programmerm5907 or if you’re reading to bounce ideas off of other investors and the bots are annoying I can say it’s annoying. Nobody’s falling for anything FOH
@@programmerm5907 No, its just annoying, because I can't read real comments.
I started my portfolio last year with SCHD, VOO, and VUG after inheriting $300k. In terms of share price, VOO is up! and VUG is doing even better. What stock do you think has the best chance to 10x in 5 years?
my first rule is survival before flipping for chunky gains. I personally dabble in stocks and with such amount, my best advise is that you consult a license advisor or personal portfolio manager to be on a safer side
Agreed, opting for financial advise is the best way to go about the market right now. I average 4 figures/month in dividends, but my overall ROI just hit $550k. I only have 30 or so stocks (20%) of my portfolio with more of my investments in digital assets.
@@speak2selwyn truly appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a financial advisors... mind sharing info of this professional guiding you please?
Karen Lynne Chess is the licensed advisor I use. Just research the name online. You'd find necessary details to work with and set up an appointment.
That’s the thing people may have their picks for stocks that could rise 10x but they are super risky you could also lose 10x I would keep investing in what you have.
I already own shares of NVDA, PALANTIR, TSLA, and APPL as well. Sure, I don't mind having these equities sit around for a while, but I'd also like to appreciate short-term opportunities that could fetch $200,000 or less
If you need advice on short-term investments, consider speaking with a financial advisor. They have a lot more knowledge and expertise in this area.
Opting for an inves-tment advisr is currently the optimal approach for navigating the market, particularly for those nearing retirement. I've been consulting with a coach for a while, and my portfolio has surged by 85% since 2022
@@yeslahykcim Mind if I ask you to recommend this particular coach you using their service?
Laila artine kassardjian' is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
Your two "Roasting My Subscribers" videos are super helpful and practical. Opened up my eyes to where I'm at with my current finances. I crunched the numbers and used Networthify calculator. I'm 53 and can retire in 10 years (I can live with that). I will probably continue working till past retirement since I love my job. Please do more of this type of video. Thank you!!
Great to hear!
@@humphrey Yes! I’m enjoying these videos… It gives a “real world” view of what to expect based on a person’s saving/investing strategy! Thanks for another great video!
Agreed 200%. These videos give more realistic feedback and advice based on different real-world scenarios compared to general/generic advice that's trying to target everyone.
Love this concept!
thanks qt
@@humphrey 😂
Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 20k in last month 2024..
Wow that's huge, how do you make that much monthly?
I will mention and recommend
Leah Thompson. I met her at a conference in 2018 and we have been working together ever since.
What impresses me most about Leah
Thompson explains the basic concept of winning before allowing you to use your trading signals. This goes a long way to ensuring winning trades.
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..
Please, how do I connect with Leah Thompson? I would really appreciate if you show me how to go about it.
Yay finally episode 2🎉 Absolutely love this series
These case studies are awesome. It gives me a better scale that I am not alone in this game of life finance. Keep these up.
Love this series! Please keep ‘em coming 🤙🏼
Love this series. Keep it up!
This is so incredibly helpful! Keep them coming!
Love these types of videos dude!
Keep doing these. Very informative and entertaining!
As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?
Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
“Angela Lynn Schilling’’ 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.
I searched for her full name online, found her page, and sent an email to schedule a meeting. Hopefully, she responds soon. Thank you
Just wait until you become human.
Love these roasts very informative 🤯💸
I love this video, do more of these!
I will be forever grateful to you, you changed my whole 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 Elizabeth Wesley.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
You trade with Elizabeth Wesley too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
I love these videos so much! You said this video was long but I was sad it ended. Was like watching one of your favorite TV shows LOL.
Super like the idea of a portfolio review. Hoping for more to come. :)
The problem we have is because Most people always taught that " you only need a good job to become rich". These billionaires are operating on a whole other playbook that many don't even know exists.
Things appear right now. The value of the US dollar is declining due to inflation, but it is increasing in comparison to other currencies and commodities such as gold and real estate. People are flocking to the dollar because they believe it is safer. I'm worried that rising inflation will cause my $420,000 in retirement funds to lose value. What else could we do with our money?
Personally, I would say have a mentor. Not sure where you will get an experienced one, but if your knowledge of the market is limited, it seems like a good bet.
Yes To be honest, investing is a smart way of securing your family future, grow wealth and beat inflation
That is true my dear, Investment is the best idea presently and without it, human struggles are worthless.
I agree to successful on investment. Having an investment advisor is the best way to go about the stock market right now. I was going solo, but it wasn't working. I've been in touch with an advisor for a while now, and just last year, I made over 80% capital growth minus dividends.
I love these new videos!! Eye opening and good thought exercises
So glad!
KEEP DOING THIS I LOVE IT ❤
Great series!
I love these
Thank you for another great video, Humphrey😊
Another great video, thanks! I think the market is over-heated. And I am concerned that people are focusing less on fundamentals and just chanting the mantra of dollar cost averaging and driving the market higher without considering fundamentals. It is a catch-22 for me. I mean I like stock prices going higher but I also hate buying over-priced stocks and ETFs. Personally, I have stopped buying growth ETFs- they are ridiculously over-valued. Dividend stocks and ETFs are a little better but they are still over-valued. There is some hope with small and mid caps. I am not sure they are undervalued but at least they are less over-valued..This pattern offers a valuable insight for strategic planning. Despite these trends, i have delve deeply into active trading and managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Francine Duguay, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape
She often interacts on Telegrams, using the user-name...
@FrancineDuguay .
Thanks for keeping it light and real at the same time. Much needed for us traders in times like these!
Francine Duguay program is widely available online..
I appreciate the professionalism and dedication of the team behind Francine’s trade signal service.
Liking these case based scenarios
this series is fire
Great video!! Keep doing these roasts, I find them extremely useful. How do I submit my portfolio for roasting?
I like these videos. Portfolio reviews should be something that you continue to do as a regular part of the channel. Cheers!
Thanks, will do!
@@humphrey Awesome! Subscribed.
Please keep this up! Love this video format! ❤
cool video! really don’t think these count as roasts though 😂 i think your followers are too reasonable to have any crazy money habits. it was nice to see the high savings and investing rates!
Great advice
Thanks for this video. I'm guilty with keeping 55% cash on hand like the first couple casue I keep anticipating a market drop that hasn't happened.
I recently fired my financial advisor who were charging me fees as well as had my portfolio invested in higher exp ratio funds than I would choose. I’m so glad I did that. I used to manage my own portfolio but over the years I fell into the convenience trap and didn’t cancel the free 3-months offer. After seeing the fees add up for 2 years, I finally decided to pull the plug. They don’t make that part easy like the enrollment but feel so good after I did it.
Love this concept … we want moreeeee 😃
This seems like the worst period.
Even the market are now very unpredictable. Started investing recently when the market prices were a bit high,today I am more than 60% down!
Don’t be confuse buying the dip in a bear market, with guaranteed future returns. Just because that company is down 60%+ from ATH does NOT make it a sound long-term investment. Make sure you’re investing in great companies. kudos to Celia dullpher
I agree just reached my goal of $500k monthly trade earnings. Setting realistic goals is an essential part of trading.
How can someone know a professional broker when legit once are hard to find this days
She's recognized as 'Mrs Celia dullpher . One of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.
Yeah, I used the FIRE movement to put my finances in order. Then, I invested in stock, cryptocurrency, and real estate, though the assistance of my discretionary fund manager, dullpher, who helped me make it big...
The second guy has yet to experience a recession when he does. He will learn the hard way.
It’s not even that bad lol if he was in that for the past 2 years he’s probably up big and would take a big loss for him to lose it
And historically election years/seasons have been green
A recession is a normal part of the economic cycle. They actually do a lot of good for the long-term health of the economy. Think of it as a reset. For the investor they can be great. Market downturns means that shares go on sale. It also can provide an opportunity to move to a more aggressive portfolio for the ride up if you desire. Always keep in mind... the market has always gone up over time. Cheers!
Man if he had this going since last year then he should be up like 75% tho!
Nah, we'll just print more money. The stock market will go up and no one will be able to afford toilet paper.
That’s what happened to me after 2020:)
Excellent!!!!
The first couple makes more than 5600 per month so where else is there money going? $2000 to retirement, 2000 to mortgage, and 1600 of expenses is fine but according to their 181k/year income, they make $15k per month. Where’s the other $9k going? They should be saving that or using a portion for discretionary spending to loosen up a little!
I was wondering that too.
@@mjs28s what if it is 81k/year, it makes more sense
15k a month… now start reducing the number by taxes… they’re in the 22% bracket, take 7 percent for Social Security and Medicare, California tax rate is high, property tax is also high. Based on where their moneys at, I’d venture to say they probably put it into savings. I’m thinking that 15k gross is probably like 9k if not less.
I may have missed if that $181k/yr is before or after taxes. My guess is gross so a chunk will go to taxes and the rest is probably going to savings since they said they are frugal
They would be bringing home between $9k-10k a month. He says in the video that they would be saving about 35% based on expenses which would put them in that 9-10k a month range.
Love these videos, keep them up!!
Best investment advice for orchards is to never have an orchard
Hahahahah this is great. Thanks for the laugh 😂❤
What's your suggestion for someone who holds too much cash and want to start investing ? Do you slowly shave off cash from your HYSA to investment to a suitable amount you want to keep? Or just keep the cash in there and start putting 100% of your savings into investing stuff like ETFs, stocks as a beginner ?
That pension fund can be treated like social security. It will be insolvent sooner rather than later.
Great Video Humphrey dont worry about the views these kinds of videos get because they will come! Please keep doing these videos we love them!
In my 40's and got a late start to my investing journey. I currently have a mix of SCHD, SCHG, and VTI. Considering dumping everything into SCHD going forward to maximize my drip. My question, is diversification really necessary?
I've self-managed my portfolio for 30 years, including 3 Berkshire Hathaway Class A shares (BRK:A) bought in the mid-90s for $17,000 each. I'm now liquidating some positions for new Gen stocks. Should I reinvest in gold? is your strategy enough to amass wealth?
I think you should seek advice from a licensed financial advisor. They’ll give you guide on high risk and low risk investment strategies for your portfolio
Accurate asset allocation is crucial with an Experts guidance. I have 850k in equity, 275 cash earning 5.25 interest, 685k in 401k, 120k cash account, 80k in car assets ( paid off cars) Gold and silver bars. age is 48. My advisor helped me realign my portfolio to my risk tolerance and it boomed shortly.
pls how can I reach this expert, I need someone to help me manage my portfolio
*Jennifer Leigh Hickman* is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
How can I get my portfolio assessed?
Should social security be deducted when doing the calculation? I’m assuming at some point they’d collect and may not need that much in retirement accounts if they are that frugal.
I don't get why the first example don't include mortgage in the calculation of expense to coast FIRE...
As someone passionate about investments, I often contemplate the strategies and paths that enable top-tier investors to amass wealth in the millions. While I possess a substantial initial capital, I am uncertain about the specific tactics or avenues that would facilitate achieving gains exceeding $400k, similar to those achieved by several others this season.
The current market conditions offer potential for rapid revenue growth, but executing such a strategy demands expertise.
A common tendency among individuals is to underestimate the value of professional advice until personal challenges become overwhelming. Several years ago, amid a lengthy divorce process, I faced a critical juncture in maintaining the financial stability of my firm. Seeking out accredited advisors, I connected with an expert possessing top qualifications. Through her guidance, my reserves surged from $275k to $850k despite inflation.
Who is this coach that seems to possess such a keen understanding of the market?
Actually its a Lady. Yes my go to person is a ‘LAURELYN GROSS POHLMEIER '. So easy and compassionate Lady. You should take a look at her work.
I searched for her complete name on the internet and located her page. I then sent an email and scheduled a meeting to converse with her; now, I'm awaiting her response.
Would love to get in on one of these
Leveraged funds also have high expense ratios.
8:12 Glad to found another upro gang member
We need more of these please
I think some of these people should enjoy some of that money now. Tomorrow is not promised
So how can i get my portfolio on here to get "roasted"
I think 24 for 30% leverage is fine as long as he is DCA with a portfolio that rebalances cash contributions. 30% in leverage is effectively 1.3x leverage which is actually less risky and a DCA with balancing based on percentage of portfolio, he could put more into leverage funds during market dips reducing risk significantly. I did a backtest and over the last 20 years, DCA monthly into a portfolio seeking 50% UPRO and 50% SPY would give an optimal 2x leverage with less fees than buying a 2x leverage etf and contribute more to UPRO during significant market dips. I see that for a younger, 24 yr old investor, it’s actually good to have exposure to leverage as long as he/she is DCAing into an account like M1. With a long time horizon and not lump summing it is very likely to pay off much bigger. Furthermore, contribution to leverage can also be reduced over time.
I want you to roast my portfolio, how do I send it in to get roasted
Hey Humphrey! Been subbed since the new year. Just wanted to ask - I have started a new job recently and I’m wondering if it’s worth rolling over my trad 401k balance in my trad IRA or rolling this over into my new company’s 401k plan. For added clarity, I have enough money in the account to also keep it opened with my previous company, obviously with a fee. I only have investments in the S&P 500 for my IRA accounts. Just not sure how to tackle my new venture - any help is appreciated.
Leveraged funds would be perfect…..if you had a crystal ball and knew exactly when the market was going to do well and not to do well lol
I hold 65% in individual stocks and 35% in ETFs. Do those percentages make sense or should I have more in ETFs?
YT has gotta do something about all these scam investment bots and fake threads
Just a thought experiment here for UPRO, if you’re going to bet on the S&P 500 winning out in the long run and see it as inevitable would the triple leverage be to only your benefit? You are just 3x your investment in the ETF at that point. Seems like you will make more money since in the long run the history is the upwards trajectory. The only downside I see is in the short term of emotions but if you can put that aside would this not just be the same as theoretically investing $300 as if you only had $100?
whats up humphrey, i turned 20 last month and think im in an interesting financial situation that could be entertaining for a video
For the 25-40% in real estate, does that include a primary residence? For example a net worth of 500k. Equity in primary residence is 250, is it dumb to look at a down payment for a rental property for 100k?
Big reason why you shouldn’t hold triple leveraged ETFs for long term is that they have decay. It loses value over time, so if market is flat you still lose a little
I'm at 75% cash, 25% investments but I want to buy a house so that's mostly why.
I hope one day you do one of these with defined benefit plans(Pensions) included. At my job, I have both a Pension and a 401K, so I’m curious how that factors in for retirement.
What kind of payout does the pension guarantee?
@@Excalibur2 It honestly depends on when I take it. I qualify for full retirement, which includes a monthly annuity along with free healthcare, for the rest of my life once I hit 30 years(I have 12 more to go). The monthly payment increases every year after that.
@@blongshanks77 nice, sounds like it will be a good deal if you are there long enough. I've never worked at a place that offered that.
I have a pension as well and I have no idea how to factor that into what to save additional.
All 3 of them are great savers and bad investors for different reasons… 1st couple is too conserve for someone in their late 30s with >50% cash.. 2nd guy is 24 but he should dial back the stock gambling craziness by the time he’s 30.. 3rd guy is the most sensible of the three.. but needs to have better funds in his portfolio.. anything getting close to 0.5% expense ratio is too much of your profits getting eaten into. Plenty of great funds with 0.04% or lower ratios
I need you to do a big family one! we have 5 kids so our investments are mainly for them not for us at the moment.
Can you do a video on managing the expenses of owning a pet(s)?
Are there any benefits to a mutual fund? Vanguard has Mutual funds with an expense ratio of 0.04% and the ETF version has 0.03%, is there any benefit to one of the two?
Short answer is that it doesn’t matter at all. You should just stick to ETFs for simplicity
I hope the first couple takes a few thousand out of their cash to have some traveling. Saving money is great and all, but if there is something you want to do, and you can reasonably afford it, live a little!
Hey Humphrey, I remember you saying that you own or owned JPM. Did you know TD Bank has a current dividend yield of 5.5% and a PE of only 12.5?
The 3rd guy is paying a financial advisor, who just put him in high-expense ratio funds. His financial advisor is a scam artist.
they’re all living in the matrix
Hello humphrey, have a great day!
14:51 There's absolutely no need to do this, in this instance, namely, using his "extra cash" to pay off his mortgage. On the contrary, if he were to use velocity banking correctly, his home could be paid off in less than 7 years at his current income. Why not go into detail on this subject in the next video?...
IMO a leveraged ETF such as TQQQ isn't a decades long hold. I see it as an opportunity bet during a significant market pullback. Even then, I'd contribute no more than 3%-4% of my portfolio to that position which I would sell out of and into more stable positions once the market eventually returned to all time highs.
@humphrey IMO there are too many people going with that generic 3-6 months of emergency savings. The market is not great for someone his age in a layoff scenario. Why not consider the higher end of that range or even more for him?
The guy counting his pre-IPO shares shouldn't account for that value. The company could have diluted along the way until IPO to raise capital.
4:58 you misspoke and meant to say $3.20. Thanks for the video!
thank you for that, didnt realize that
@@humphrey no problem man, just didn’t wanna confuse anyone
How did the last guy save 40% of his salary yet not have much more saved? Doesn’t make sense.
There's no reason for them to take risks right now. Why risk the stock market collapsing when you can do 5%+ risk free in treasuries? I'm 70% cash, 60% of that in treasuries/CDs and 10% as stablecoins in Duckpools and Stargate. My overall APY from my cash position is ~6.5%. If I were as old as they, I'd settle for ~5.2% in treasuries and be completely risk free.
Lol I would get roasted so hard
Where's the account for inflation?
Can someone explain to me why people keep THOUSANDS of dollars in a checking account? I see so many people do this. After I pay bills, I keep only a few hundred dollars in my checking account to spend on discretionary items that I may want to throughout the week. All large amounts of cash goes either to savings, investments or maybe a large purchase I need to make. I don’t get why anyone would ever need more than $1000 in their checking account unless they plan on making a large purchase soon.
I couldn't be arsed to move my yearly bonus to savings for a couple months after I got it. I guess that says a lot about how I regularly spend the same amount of every paycheck.
True. With the great interest rates available. I wait to transfer money until I need it and only leave a couple of hundred extra. I use a rewards credit card to buy stuff and pay it all off when due. I am taking full advantage of these rates while we have them.
VT is much better and cheaper than ACWI
My portfolio is 80% VTI and 20% VXUS
How do I submit my portfolio for review
Dude, you need to hire someone to clean up the comments section. The bots are out of control!
$68k salary for IT support?! Are you having a laugh?! 🤣🤣
Whish you make more videos if this.
Hmm, looking at this video, it actually makes me feel like I'm investing and saving too much. I'm putting well over 60% of my income into it a combination of both retirement and savings. Maybe I should treat myself out to some fancy food sometime.
I think a perfect portfolio would be 30% VOO 30%QQQ 30%SCHD n 10%HYSA
100% VTI >
@@kyle7574 ^ 100% VTI. (or VOO). Way simpler and easier. Less chance of tinkering. Just set it, forget it, and check back in 20 years.