How Do I Invest $1,000,000?
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- Опубликовано: 25 янв 2022
- How Do I Invest $1,000,000?
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Listen to how ordinary people built extraordinary wealth-and how you can too. You’ll learn how millionaires live on less than they make, avoid debt, invest, are disciplined and responsible! Featuring hosts from the Ramsey Network: Dave Ramsey, Ken Coleman, George Kamel, Rachel Cruze, and John Delony.
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Not trying to be a troll-just letting you know the thumbnail image has a zero missing…it says 1,00,000 instead of 1,000,000.
Nevermind. I guess it already got fixed.
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my inherited portfolio of about $2.5m. I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.
Remember that becoming a millionaire is a marathon, not a sprint. It requires consistency, discipline, and patience over many years. By following these steps and staying committed to your financial goals, you can achieve financial independence and build wealth over time, even on a low salary.
Market fluctuations are inevitable, but avoid making impulsive decisions based on short-term movements. Stick to your investment plan and remain focused on your long-term goals. i saw a recommendation here on about ''Susan Kay Mack'', she is an excellent lead, rookies should be more focused on mentorship and leadership!
Instead of cashing out dividends and capital gains, reinvest them to buy more shares or units of your investments. This accelerates the compounding process and boosts your returns over time.
Consistency is key to building wealth. Set up automatic contributions to your investment accounts, even if it's just a small amount each month. Dollar-cost averaging can help smooth out market fluctuations.
Start Early: The power of compounding works best when you have time on your side. Start investing as early as possible, even if you can only contribute small amounts.
Thanks for sharing this thread, I have learnt a lot, I will definitely look up the expert that you made mention of, I'm looking to work with her thanks!
Almost every youtube post is about how to invest this or how to invest that. Do people actually make real money from this or is this some sort of ponzi scheme?
Yeah, people actually make much from the market, although they usually have more expertise than average, or they use experts i.e hedge funds or fin.advisers. There's a goldmine in the market and that's why almost every rich person buys into it one way or another.
True. I've been using an FA since covid and I'm stunned that most people don't use this but prefer "gambling". I'm not yet netting a million but considering how I started out, I make more than enough
been considering this for a while … where and how can I get a good one please...
You should start by looking out for those from known firms and good track records. You should also make sure the person is licensed. Personally, I use Kelly Matwick. She's good and you could also look her up.
it's a legal ponzi scheme
Consider diversifying across various sectors (like technology, healthcare, finance) and types of stocks (large-cap, mid-cap, small-cap) to spread risk.
ETFs/Index Funds can provide broad market exposure and lower risk compared to individual stocks.
Exactly why i Adjust my portfolio periodically to maintain desired asset allocation.
I am super uncertain about so many decisions right now
Remember that investing always carries some level of risk, and there are no guaranteed returns, you should always seek with a certified professional such as Susan Kay Mack and the likes.
susan kay mack
Interesting i looked up the lady you mentioned, she seems to know her stuff!
Ensuring the protection of your capital holds greater significance than solely focusing on making money. This is primarily because once your capital is lost, the process of generating profits becomes significantly more challenging. It is comparable to the notion of "missing the train" versus the irreversible consequence of "losing your money." While there are various opportunities available, once your funds are depleted, it becomes exceedingly difficult to recover.
Wall Street advocated for quality stocks that boasted high profitability and low debt, positioning them as a form of insurance against economic uncertainties. However, these quality stocks have underperformed the S&P500 index this year. As a result, my portfolio, valued at around $200k, has experienced a decline of approximately 20%. I am seeking recommendations on how to enhance my investment returns and scale up my portfolio.
@@jessicasquire The reality is that nobody possesses absolute knowledge in the world of investing. Therefore, it is crucial to develop your own process, effectively manage risk, and remain committed to your plan, regardless of the circumstances. Additionally, it is essential to continuously learn from past mistakes and strive for improvement in order to navigate the investment landscape successfully.
@@Lemariecooper I agree, which is why I find it beneficial to have an investment coach guiding my day-to-day investment decisions. They possess a skillset focused on capitalizing on both long and short positions, effectively managing risk to leverage its asymmetric upside, and employing hedging strategies to mitigate the impact of market downturns. Additionally, their access to exclusive information and in-depth analysis further enhances the potential for outperforming the market. I have been utilizing the services of an investment coach for over two years, and the results have been remarkable, with net earnings exceeding 2.8 million.
@@Erikkurilla01 Would you be willing to provide information about the advisor who aided you? As a 39-year-old, I am eager to expand my stock portfolio and devise a retirement plan.
@@jessicasquire I am presently in communication with *STEPHANIE KOPP MEEKS* , an advisor affiliated with UBS Financial Services Inc, who has been featured in an interview on CNBC Television. Her approach has proven to be effective, as evidenced by the positive outcomes I have achieved. She provides valuable insights on optimal entry and exit points for the specific securities I focus on.
Investing in various sources of income that are independent of the government should be the most essential thing on everyone's mind right now. especially in light of the global economic crisis at the moment. The time is still right to invest in stocks, precious metals, such as gold and silver, as well as virtual money.
Big moving stochastics are not the secret to high returns. It involves controlling risk in relation to reward. Putting on the proper size and spinning your edge as many times as required to achieve your objective. That is valid for both day trading and long-term investments.
@@georgerobinson2933 Even with the best strategy and resources, some investors would still outperform others. As an investor, you should be aware of this by now. In my case, I had to ask a market analyst for advice in order to grow my account to almost a million dollars, withdraw my profits just before the correction, and start buying again.
@@anyadni that's impressive! I could really use the expertise of this advisors, my portfolio has been down bad....who’s the person guiding you
@@cliftondippolito The coach I work with, Alice Elaine Hayhurst, is actually rather well-known. She has a significant web presence, so you can just look for her there.
@@HangTagg We are appreciative of this Pointer. Finding your handler was simple; she appears to be knowledgeable and adaptable. I scheduled a call with her.
Having recently sold a property in Portland, I'm contemplating investing the proceeds in stocks. While many claim it's an opportune moment, I'm uncertain: Is now truly a favorable time to enter the stock market? When can we expect a complete recovery? Moreover, I'm puzzled by how others in the same market are achieving gains exceeding $450k within months.
Thank you for this tip , I must say, Carol appears to be quite knowledgeable. After coming across her online page, I thoroughly went through her resume, and I must say, it was quite impressive. I reached out to her, and have booked a session with her.
There is potential for considerable wealth increase with the correct strategy. I want to know; How can one take advantage of compound interest and potentially grow your retirement savings/net-worth to about $3M over time?
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
retired few years ago at age 55. $1M in the bank. more period spent with my wife. I used to miss 3-5 outings to the gym each week because of work. Much less anxiety. more leisure time. 5,000 miles of cycling in my first year of retirement. I joined my golf team that my work travels used to interrupt. Thanks to having no debt and years of devoted investment with my FA Emily Lois Parker, we have actually seen our net worth INCREASE almost every year in retirement. able to assist my wife more. Much more time spent outside. The wonderful life!
One strategy for protecting against a recession is to buy equities. Investors, especially during a recession, need to know where and how to put money in order to make money while avoiding inflation, how do you go about this are you a pro investor?
wow ,that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversify my portfolio
I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?
The adviser I'm in touch with is ‘Emily Lois Parker’ she works with Merrill, Pierce, Smith incorporated and interviewed on CNBC Television. You can use something else, for me her strategy works hence my result. She provides entry and exit point for the securities I focus on.
Thanks, I just googled her I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.
We really need more videos on after retirement investing. This really gives peace of mind because we mostly hear how to invest today but I have always been curious about after retirement. I would suppose this video can apply to anyone with an inheritance, and even lottery winners.
Thank you for the insight.
Man, this guy probably gave up tens of millions of dollars of growth over his lifetime
And still he made it
@@gert-jank8992 Made what? He gave up millions
@@gert-jank8992 at 80? Probably only got a few years to enjoy it
This man was far more interested in saving than investing. He wasn't even interested in saving and investing in parallel. It's simply a perspective that he "gave up" tens of millions. He stated very clearly his deep nervousness at having money at risk in the stock market. If he had pursued investing with his savings mindset and aversion to stock market risk he might not have a single penny today.
I don't think that he "made it" either. A million just buys him some more safety, some more status quo. Ramsey should not be encouraging the guy to give any of the money away until this man has set up stable income generation from that million. The caller had to yank Dave back to the really important issue. I knew Dave would be more interested in giving the caller "Atta boys". Smh.
@@gert-jank8992 not realy lol
Great insight’s
My portfolio is plummeting significantly, I’ve lost about $320k within a few months and I'm not confident about picking stocks anymore. Are there really no other options for me to gain from the stock market?
Well the bigger the risk, the bigger the reward and such impeccable decisions are better guided by professionals.
Very true. Despite having no prior investing knowledge, 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 am eager to participate. Who is the driving force behind your success
There are a lot of independent advisors you might look into. But i work with Nicole Diseree , and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her
This entire thread is a scam to try to get you to contact this fake financial advisor. RUclips users please heed my warning.
This man could have been incredibly rich if he didn't have so much faith in the Government and the US dollar. But he's definitely a great saver.
Good call for young investors. Numbers up front, what he wants and educated us on past mistakes. More callers need to be like this
Our government is putting so many families in difficult situations, I pray for our country. low income people are suffering to survive! I appreciate Ms Florence Thomas, Imagine investing $1000 and receiving $5200 in 3 days.
I'm surprised you know her. I've been making a lot of profits investing with her for a few months now.
You invest with Mrs Florence Thomas too? Wow that woman has been a blessing to me and my family.
This is not the first time I have heard about Ms. Florence Thomas, and her exploits in the business world, but I have no idea how to contact her.
I'm new at this, please how can I reach her?
she often interacts on TELEGRAM, using the user name below
Hey Dave there’s a typo on your thumbnail
All that to say , put it in the stock market. It’s not perfect but it can work out
Big lesson here: dont get scared. Never sell
NEVER
Most banks have a team of advisers you can pick from.
Ask your bank manager next time you’re in if you can have the best financial advisor available.
When it comes to the world of investing,most people don't know where to start.fortunately,great investors of the past and present can provide us with guidance
I'm so happy 🙂 my life is totally changed. I've been earning $10,250 returns from my $4,000 Investment every 13 days
Same here, I made $12,400 profits on investing since I started trading with Mr Kevlin Morrison his trading strategies are too notch am winning consistently trading with Mr Kevlin Morrison. He really the best broker I've made a lot of profit investing with him.
I heard a lot of investing with Mr Kevlin Morrison and how good he is, please how safe are the profit?
@@marcelosoares6342 I trade with him, The profit are secured and over a 100% return on investment directly sent to your wallet.
After watching so many RUclips tutorial videos about trading I was still making losses untill Mr Kevlin Morrison started managing my investment now, I make $6,800 weekly. God bless Mr Kevlin Morrison . His been a blessing to my family.
Typo?
Nice
spia comes to mind. 20 year certain to pass that on to a beneficiary and guaranteed income. the market has dropped 20 % since this advice. Guy is conservative and wants guaranteed income without risk.
Buy rental properties an put under management
He could spend $75,ooo a year and it would last to he’s 93. Or $50,ooo would last till he’s 100. 🤔 Health problems are around the corner.
Why erode the principal? Invest in something like VOO that averages about 10% per year. That’s 100k per year for him without even touching the main chunk of money.
There's a typo in the thumbnail
There is a thumbnail in the typo.
By putting it all on red
Caller said, "I'm not leaving any to the kids." Don't mention it again. 😂
It’s sad for him to have this mindset especially since he says he’s children are successful which likely means they’re very responsible. He comes off like a real POS in my opinion.
@@honkhonk1555 That's a reason why he doesn't want to leave them any money. They don't need it.
@@SeanBaker yeah, he doesn’t THINK they need it now, but he doesn’t know what the future holds. How can he know the world he is leaving them behind, or how bout his grandchildren, and even great grandchildren who will be his legacy, and carry on the family name. He can’t, none of us can. I can tell you this, it doesn’t look bright.
Very impressive savings
Bruh. Diversify across a list of 4-5 dividend paying stocks. OR buy some investment property
He doesn't need the aggravation of investment property at his age
If you could make the conversation harder to listen to, that would be great.
AT 80, I wouldn't worry about investing.
That’s what was thinking…
Its always better the invest anyway so you can keep the principal as much as possible instead of slowly chipping away at your savings. Yes, theres a very good chance $1,000,000 is enough to spend before he passes away, if he spends $40k/yr thats 25 years putting him at 105 but still better to hold onto to the principal than be chipping away at your retirement savings.
@@kelvinpang438 Like I said. He's 80. He can live the rest of his like, not worry about investing. And have plenty of money.
At 80, you don't need anything in the market.
The problem with millionaires its all I I I there is no others in the picture.. what you should do is make good money and share some of it now to others
Spend it Barry ,you're 80 . Money is for spending.
May want to check your graphic
Thumbnail missing a 0 there, for anyone that can change that.
Investing is more about not freaking out than anything out
Yep 100%...I use to be bad at that wife is better and I've learned it's about the long game...most look at it short term.
It takes a strong will to stomach the swings in the market.@@markg999
We save all this money then die and give it to charity. Lol! I’m enjoying my money now! Save and invest sure but enjoy it as well.
And the fact that he is t worried about leaving his kids who he admits are successful which likely means they’re responsible is downright disgusting. What not help them and his grandkids be able to retire early instead of being a useless cog, in the ZOG system that hates them, and wants them dead even longer?
Just think how much this man would have saved if he had a good advisor all these years.
This guy would be a perfect candidate for dividend focused investing. Just take your cash flow and forget about the principal, leave it in a trust when he dies.
Dividends are an illusion
@@stefancoban59 irrelevant not a illusion but that's in the wealth building phase not retirement
Needs a 40/60 bond equity ratio at his age
“My inheritance is zilch”
Ah that’s my plan also
Is that something you hope to happen or need to discuss with a family member?
Same answer for everyone. Dave doesn’t listen. This gentlemen obviously has a low tolerance for risk and would be very unhappy with a 20 or 30% loss in his portfolio. If that happened and he or his spouse (or both) required long term care, his money could get wiped out. At 80 his priority is wealth preservation. 6month to 2 yr treasury bills/ bonds make more sense. It would give him $4500/ month income and no risk. Putting 5 to 10% in gold ETFs would give him additional peace of mind.
He needs to spend it and enjoy.
Nah, he needs more money
ramsey is really a blessing
Not during the 2008 financial meltdown which he denied was happening!
And it all came back@@gmv0553
Wow so what do i do with the money? Work with someone in my network so we can get some of that off you lol 😂
Why does Dave have his fingernail painted black
Hey team, typo in the thumbnail.
Unfortunately i think this guy has a much bigger problem than where to invest his money. Sounds like he has a hoarding problem. The guy is 80 with a million dollars and he still wants to invest it?! How long does he think hes got left? Also on top of that he still has a side gig to take care of his monthly expenses. How has it nit crossed his mind to fully retire and to invest the million on himself?
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
We are currently in the jaws of the worst bear markets I have seen, the average stock has been cut in half, and the only way to make money this year has been to either short or to trade long in very short time frames. I'm still at a crossroads deciding if to liquidate my dipping $117k stock portfolio, what’s the best way to take advantage of this bear market?
the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
I agree, before the pandemic got real serious, I used to handle all my investment and I was pretty good at it, fast forward to post-pandemic and my-portfolio is steady in the red with profit rate down to the lowest, that's when I touched-base with a coach I saw featured on businessweek, who restructured my portfolio and over the last couple months, I've made over $850k from initially $210K
Smart, If i wanted to do the same with my retirement funds too, how do i get started trading?
One of the fiduciaries I deal with is Alicia Ann Jordan. Just check the name. There would be a letter with the necessary information to set up an appointment.
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
The market has been shaky these past few months and it's really not advisable to go into investments without a professional FA, understanding the technicalities of the market can be quite difficult, in order to avoid critical loss or mistakes it's better to have a skilled FA, thanks to maryann I worry less about the difficulties and just let her handle it.
give it to me. I pinky promise to pay you back $500 in interest per month.
Buy vti, voo
@what'sapp👉±❶❽❶❽❾❹❷❼❷❾❷ ok, where do I wire the 1m
Anyone notice - the thumbnail says 'How do I invest 1,00,000' lol someone forgot a 0
Becoming a “millionaire” at 80 years of age is as useful as an ice bucket in the freezing tundra.
Sounds like life worked out just fine for him. Becoming a millionaire was never his goal, but his choices allowed it to happen anyways. Good on him.
Rich Africa Might as well not become a “millionaire”. It’s just useless at 80.
@@mambofuego5101 if you only care about yourself, then maybe. But if you care about not being a burden to society, leaving a legacy to your family, or helping those around you,…then I’m sure that million will be very useful.
And your net worth is Mambo?
Alina Tamashevich Straw-man. That has nothing to do with it…..Either way, you wouldn’t believe me….but you would be jealous AF.
Yeah Dave talks to much. Just answer the question 😂 to be fair though Dave isn’t a financial advisor. Dave is here to help people with beginner basics to build wealth.
Fellow Greenville man here
I'm not a millionaire
I have approximately $100k in my savings account and I think investing it to gain more would be a wise decision. Please can someone share any long term investment idea?
VTSAX and chill
schd
I’m in the same boat.
@Harvey Karl Second tip ^ beware of people who recommend you specific advisors, and promise you amazing returns. If it sounds to good to be true, it is.
@@pneron2032 I don't think anyone is promising me amazing returns, it's just an advise and it's free .
He should do nothing. His has 20 years left if he is lucky. That's $50k year for him to live on. He probably has 10 years left. $100k a year for 10 year with no bills. That's a lot of money.
They fixed the thumbnail $1,00,000
How much is 1,00,000? Lol jk 😂
Poor guy never got his answer.
Yeah he did. Mutual funds, just not specific ones.
@@02DodgeViper No he didn't. He's never invested any money and was asking how to determine how to draw money out of them. Would have been helpful to answer his actual question, especially how it applies to RMDs.
@@todd2456 If he got to a million dollars he should be able to figure out that the stock market generates returns. Dave said he would have 70-80k a year in returns. He can use/spend that money annually as income. That’s the secret.
@@Dutch1982 He was asking for specifics. He never got his answer. Watch it again.
Shame he didnt invest early he probably have easily a few million right now. Time is the most important part about investing...start early and ride the ups and downs...its about the long game.
He is not hurting
@@alinatamashevich3354 No he isnt...he will be fine.
@@markg999 I concur
This is what happens when you take all your money out of the market after experiencing a little volatility. He has a million but he should have quite a bit more after the recent years run up.
Well, he could have done worse. But he doesn't have the stomach for volatility. Maybe he needs non-equity centred, more stable portfolio.
@@pneron2032 bonds are not equities...but you need some stocks for a little growth
@@rays242 What? I said NON-EQUITY.
Buy real estate
Lots of work for 80 years old
Put it all into Tesla. Then you’ll have $10M soon
There is absolutely nothing wrong with investing a million dollars, in fact, it is essential to invest when you can.
@@innakimberlyroger5317 The financial market like stocks and crypto has made investing more profitable for so many people
Investing = lnterest
Throw it all in dodgecoin
Looks like Dave recently got his right ring finger smashed. Shows that he's not too well-off to do some work with his hands now and then.
Maybe got his finger caught in the Cadillac door?
@@ponolovefarms3926 He does not understand that Rolls doors have auto close feature.
@@alinatamashevich3354 I just read on Reddit it was a lobster tail cracking accident
@@ponolovefarms3926 That is sad. Poor guy. First world problems.
I'm financially advantaged, thank you Jesus, $32,000 weekly profit, no matter how bad the economy is.
Thanks to Mrs.Iyana
She is a licensed broker here in the United States
How ..? I am a beginner in crypto investing, can you guide me on how you made your profits?
YES!!! That's exactly her name (Mrs Iyana), so many people have highly recommended her and I've only just started with her from Belgium
I'm surprised this name is mentioned here, I came across a testimonial from one of his clients on CNBC news last week.
Hey Dave cannot be trusted. Never invest in actively managed funds.
With "hard work and good common sense" he was able to save 1 million dollars.
Now he has "no idea how to produce income this cash" at age 80 with no real debt but minimal living expenses.
Guess "hard work and good common sense" will only take you so far in life.
Average male death age is 76. He's 4 yrs OVER that. NOW he's FINALLY a millionaire and his life is basically over. No thanks
@@FalaqX LOL!
Lol financial advisor are leaches