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This is the best app out there. Back in the day when I started I did my due diligence and decided to choose T212. It's not the only platform that I use but it is my favourite and it gets better and better, new features are added permanently
My advice to new investors: Buy good companies stocks and hold them as long as they are good companies. Just do this and ignore the forecasts and market views which are at best entertaining but completely useless.
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.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
Gertrude Margaret Quinto 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.
These days, it seems strange. The value of the US dollar is declining due to inflation, but it is increasing when compared to other currencies and commodities like gold and real estate. Because they think it's safer, people are moving to the dollar. I'm concerned that my retirement funds may lose value due to the growing cost of living.
You're correct. I think the smartest way to go is to spread out your investments. By putting your money into different asset classes like bonds, real estate, and stocks from other countries, you can lower the risk if one part of the market goes bad.
Several individuals minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $235k to $690k despite inflation.
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 $30k of my savings in stocks this year, and I hope I make profits.
You are right. The best approach I feel is to diversify investments- by spreading investments across different asset classes like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
That makes sense. I’ve been using a financial market expert for two years now and I own a six-figure diversified portfolio from investing in stocks. I want to diversify more this year, though.
Sonya lee Mitchell 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.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Sonya Lee Mitchell’’ for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
As an elder millennial, one of the few advantages is having lived through the Great Recession. My advice. Reduce unnecessary expenses, increase your savings by investing in financial markets and do not sell. One thing I know for sure is that diversifying your income can help insulate you from much of the craziness going on in the world.
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.
I literally crapped in a bucket ate spaghetti O's and didn't have running water for years to save money to invest. Many other things I gave up but it was worth it. If someone wants to be rich they can. I don't care how much they make.
@jackstoltz1379 This is pretty dumb not gonna lie. You'd be way better off investing less but having a comfortable life than living hell for years just to end up a millionaire (which is not a goal in and of itself by the way, plenty of sad rich people)
@@thepierre396 nah I grew up dirt poor now I have a million dollar net worth at 33. Iv developed confidence and discipline so I know I can do it again and keep it. I built my self working construction. I look around me at all the people that lived there life on ideas rather then action and I'm glad I got it done. Everyone else around me has given up. The best advice I can pass down to you. Is time isn't unlimited. You have to start young and go after what you want. Because as you age you loose your will and give up. If you don't do it today you will never do it. And never let poor people tell you your dumb or you will end up like them. Instead you can be like me able to do what you want when you want how you want
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life.
The idea of investing a significant sum of money may be both thrilling and intimidating. There is potential for considerable wealth increase with the correct strategy. How can one take advantage of compound interest and potentially grow your retirement savings to about $1M over time?
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K
Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
Markets look like 2015-16. Probably going back to all time highs, but will probably go sideways until fed signals rate cut, Recently sold 25% of my $285k portfolio comprising of plummeting stocks that were recommended by certain financial RUclipsrs, quite devastating!
The issue is most people have the “I will do it myself mentality” but not skilled enough. Ideally, advisors are perfect reps for investing jobs and at first-hand experience, my portfolio has yielded over 350%, since covid-outbreak to date, summing up nearly $1m.
Lucinda Margaret Crist 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.
Recently, I've been pondering retirement. I've also want to put $300K into the stock market but i need an approach that will align with my risk tolerance and financial goals to secure our future
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Svetlana Sarkisian Chowdhury 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..
@@YousufHamza-nd9mk DON'T LISTEN TO THOSE BOTS MAN!!! THEY ARE PAID COMMENT BOTS THAT ARE TRYING TO LEAD YOU TO A SCAMMER!!!! LOOK AT THEIR POOR ENGLISH AND GRAMMAR‼️‼️
I'm DCAing in Blcktken300 as well. ETH heavier DCA and ALGO. I'm taking your advice and starting Google tomorrow with a 50 dollar purchase and continuing Microsoft and Apple. VTI and VOO on another app and longterm portfolio. Here we go family!
SO glad you released this video in particular Blcktken300. I was accumulating AR and then saw your video last year saying that you see Blcktken300 may hit 300-400 and then you changed your view. Great and very informative!!! Thanks
You see what he just did there? Smooth talking about building wealth which a lot of people are interested in. Talked about selling results and gave the example of getting a percentage off of how many people he brings in. Then a bit later he talks about an investment app for you to start investing your money and even gives a discount code. He’s basically making money while giving bits of advice. Nothing wrong with it at all. If you listen to rich people talk you can pretty much see little nuances and formulate your own path. They’re not going to tell you how to get rich…..you have to see it.
I had initially planned to retire at 62, work part-time, and save money, but the impact of high prices on various goods and services has significantly disrupted my retirement plan. I'm worried about whether those who experienced the 2008 financial crisis had it easier than I currently am. The volatility of the stock market is a concern as my income has decreased, and I fear that I won't be able to contribute as much as before, potentially jeopardizing my retirement savings.
Retire to a central America country. Your money will last double or triple. A home in El Salvador is like $35,000 four bedrooms,two Barth room. With $1000 a month you live a royalty life.
You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K in a meme coin from just few months ago and now they are multimillionaires.❤️
@@LogicalEditz1 it is because he doesn't earn shit. This stuff is just making yourself happy for internet people to worship you while you dont even have shit
I feel that the last bull run was bolstered by all the money being printed. Major returns next bull run but I think they will be tamer in my humble opinion. A 10x on Blcktken300 and a 15x on polygon are fair considering how much those two coins are interwov
Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.
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.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k
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.
I started watching you in middle school, a month ago I started investing into the s&p 500. My portfolio is only a little over $100, but it’s a start. Plus I can’t even legally get a job, so I’m doing decent.
Remember, investing money in your skills is also investing. It will ultimately lead you to making more money, which you will then use to buy stocks anyway. This is important especially when you are young because, as you still cannot legally be employed, you want to start accumulating work experience in a highly paid industry as soon as you are of age. Being 27 years old with 5 years of experience in (for example) programming is something you cannot buy once you are 27. My advice to you is to invest in books, courses, mentoring or higher education for a specific skill. The stock market will be there for you when the time is right.
I’d say they are equally important. There is a certain salary you need to make to live comfortably and invest at the same time. It’s a lot easier to retire on a 500k salary even if you blew half your money vs a 100k salary where you only spent 10%
the first step to gaining wealth is figuring-out your goals either on your own or with heIp of a financiaI pIanner and foIIowing through with InteIIigent pIans; you wiII gain financiaI growth in no time and enjoy the decision of managing your finance
I am fortunate I made decisions that changed my finances for the better (gained over 1M in 2yrs) through my financiaI pIanner. Got my 2nd house in May and hoping to retire next-year
You could either work in a restaurant (most restaurants provide free staff meals) or work as a bus driver(most bus companies provide free transport to bus depot to start work). Or best of both worlds; work in a restaurant that is very near your place of residence(walkable distance of 5-10 minutes walk)
Let’s face it, the answer is making RUclips videos that tell other people how to make money doing things other than RUclips while realistically probably making most of your money from RUclips
These days, with next to no cost as a barrier of entry, it seems like a responsible person SHOULD 'side hustle' by being on one or several social media sites to be an entertainer, educator, or commenter of some sort.
Blcktken300 is young. Holding almost anything mentioned here is a good hold because the VHS or Beta will only show in time. I want to hold them early. Its sad that most dont think of these things as good future holds instead of being out of the market and bottom hunting. Are we the adopters or are we scavengers? surely one of these layer ones will become the standard and i dont want to sell any of them too early.
Hey, did you hear the news? Bitcoin just hit $50k! 🎉 That's a major milestone for the cryptocurrency world. It's like the stock market on steroids! 💥📈 What a wild ride! 😄
I just made it into the millionaire club. I did it working a normal job started out at 20k a year currently at 60k with my day job I am 38 years old. I started putting my money into mutual funds and etf's as soon as i started working. in my 30's i started using some of that money to buy rental properties. My parents and grandparents where field workers. My parents borrowed money from me in middle and highschool to keep from losing our house. I had no advantages but still did it. Was still able to save even when i was working minimum wage in college.
00:00 🤔 Understanding millionaire statistics: Only 31% of millionaires earned an average of $100k/year, with 79% receiving no inheritance. 00:57 💰 Leveraging income and expenses: Controlling income and expenses is crucial for creating positive cash flow, regardless of salary. 01:53 💡 Importance of starting early: Starting young with positive cash flow allows for significant wealth accumulation over time. 02:23 💳 Managing expenses: Tracking expenses and eliminating unnecessary costs, especially high-interest debt, is essential for financial stability. 03:50 💼 Leveraging income: Focus on increasing income by leveraging skills and opportunities to maximize earning potential. 04:19 📊 Income split strategy: Allocating income wisely, with 50% on needs, 30% on wants, and 20% on investments, is crucial for wealth building. 06:15 🚀 Starting a side hustle: Creating additional income streams accelerates wealth accumulation and investment opportunities. 08:41 💵 Importance of investing: Investing, particularly in index funds, is key for long-term wealth growth and financial security.
The first point is extremely misleading. Inheritance =/= financial support, the vast majority of them receive quite substantial amounts, of that. Also all of those other points are exclusively useful if you have disposable income. Most people have to spend 80+% on needs rather than wants. Getting new skills is great advice though.
With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly-which means more red ink for portfolios this quarter. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $125k bond/stocck portfoli0
To manage market risks responsibly, distribute investments over many asset classes such as bonds, real estate, and international equities, seek the advice of a professional.
a lot of people downplay the need of advisors until their own emotions become unbearable. I sought for licensed consultants a few summers ago after a drawn-out divorce and needed a push to keep my firm afloat. I located the most qualified person. With her help, my reserve has grown from $275k to $850k, even after accounting for inflation
Marie Slopiey Donner 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..
It's important to remember, a million pounds will be worth very little by the time most of the viewers are elderly. It will probably only last a few years.
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?
I believe that diversifying your investments is the safest way to handle it. One way to lessen the effects of a market crisis is to distribute investments over a variety of asset classes, such as international equities, bonds, and real estate. It's critical to look for expert advice.
You should talk to a retirement planner, a certified retirement planner. They will help you diversify that money into different things so in case the stock market blows up or the housing market or whatever you will be OK and will have that money forever and grow it.
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.
This seems like the worst period.Even the markets are very unpredictable.started investing recently when the market prices were a bit high,today i am more than 60% down
true, A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far.
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same.
Inheritance is not the only way in which a rich family can help their younger ones. There is influence and reputation as well. Actually those things may well be worth more than actual assets, since they open so many doors that are otherwise closed to the majority of the population.
I might forget about this channel in a few days or weeks but I'm glad I found this channel at the young age I am now, not even out of school yet, not even close. Because I might remember these tips.
I take an employer match and everything else goes into a couple different etfs that are a little more heavily in different sectors. I have a slow start because housing was my first goal. I don’t really need to be a millionaire. My goal has always been to keep the monthly expenses low so that I have more excess money.
Enjoyed his communication style, but I wish he addressed the aspect of being in debt too. Mentioning how to manage finances when dealing with debt would have added valuable insights.
Having a million dollars in your pension at 70 is not what most people think of when they hear "milliinaire." The hardest part of positive cash flow is cost of housing.
The whole point of wealth for me is freedom. My magic number in my mind is 5 million needed at 65 to not worry about anything. Am i better off investing a good portion of my income into stocks or real estate to achieve this goal?
Varied sources of income is wise and especially living within your means. My net worth is $2M and I can pay my bills with no stress, but I don't live like I have that. I have no complaints.
Nice. People often underestimate financial advisors' importance. Over 50 years of data reveal that those who work with advisors typically earn more than those who go it alone. I've been fortunate to work with one for 13 years, resulting in a $1 million portfolio, largely from early investments in AI and other growth stocks..
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
Stacy Lynn Staples has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.
Thank you for the lead. I just searched Stacy Lynn Staples by her full name and easily spotted her profile, no sweat. I have sent her an email, hoping she gets back to me soon
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement of about $750k. I want to know: Do I keep contributing to my portfolio in these unstable markets, or do I look into alternative sectors?
Not only that i feel right now e commence among other sectors are expected to really see growth but who know i might be wrong, These days the market is filled with surprises.
Interesting, I’ve actually been looking into that lately, the news I've been seeing in the market hasn't been so encouraging honestly. If you don't mind me asking who's the person guiding you?
This is crazy If anyone ever told me I will be randomly be surfing on the net and come across individuals talk about Wendy Birkett will for sure doubt but this is crazy I know her and love her strategy so much wow thanks for preaching the gospel…
This is impressive I just Googled her name and her website came up right away. It looks interesting so far. I'm going to send a mail to her and let you know how it goes.Thanks for sharing truly!
Many of those making above 100k and still living paycheck to paycheck aren't doing so because they spend recklessly. It's just that many of these jobs are in high cost of living areas or highly-taxed places. It's harder to have a net positive cash flow today when most can't afford to own their own home today.
Yes, and sometimes the 6 figure paycheck is actually there to keep people who are doing the job afloat, like truck drivers for example, they can make 6 figures; however, a lot of that money goes into truck maintenance, which is why they get paid that much.
Really liked your "bloody go and learn one" comment about the skills. Learning those skills could be a video in itself. Maybe you could also mention that it's a longterm game, and that investors should stay true to their course for 15 years
it is important to mention that being a millionainre doesn't mean you are crazy rich. Just having a house, some terrain, some cash in the bank and that's enough for you to be registred as a millionaire
@@AdinPremiumCarDetailingCenter it is though. Go to more familiar videos lile this and they all have more than 500 likes and no comments. It will literally be the same comment
So how much should we actually put towards savings? Your setup does not allow for any savings for a rainy day. Would that classify as a want or need? What percentage is good for savings?
Yeah mate, just save money and never spend any of it even things you need such as cars, houses, degrees and you'll be a millionare in no time. It's that easy.
A cousin of mine made a RUclips channel when he was young, it wasn’t successful but then he restarted a few months ago, and the skills he learned from that one channel grew his channel to around 60k rn, id also like to say he is already fairly successful, (civil engineer with a full time job with good reputation) but that channel has made him good money
The reason most don’t earn more than 100k is because for tax purposes there is generally no point earning that much. It doesn’t mean they didn’t earn 100k or more it just means they didn’t take more than 100k as a salary.
@@justthebrttrk Even as a business owner that ability is uncommon. Most businesses in the US are LLCs or sole-props which means the profit goes right onto your personal tax return. You have to be a C-Corp to retain earnings and the tradeoff is double taxation because the company will pay tax and you will eventually still pay income tax when you draw from it.
@@justthebrttrkyou’ve completely missed the point I was making. Down at my golf club I know plenty of people who make 250k per year, but they don’t take it as a salary so on paper it looks like they take 80k and invest the rest. Because earning over 100k means you lose other benefits especially if you have kids, any FA will tell you to defer the money or put it into a sipp, ISA etc. does that make sense?
Yeah because when you were younger you could get anything you wanted with a PT job. Nowadays you need two FT jobs and a multiple side hustles just to get a place to call home.
You could invest in stocks, start a side business, or focus on advancing your career. It's important to set goals and make a plan. Remember, wealth can mean different things to different people, One thing i can say that helped me in life to reach my first million was starting early, i got curious and informed i became open to passive income, investments in equities , etfs and the likes. also sought help to handle my portfolio which was my foundation. i'm ever grateful to Anna Rounds Fay my FA
Great video! The only thing I'd change with the money split is this: Instead of 30% for wants, do 20%. That way you can give 10% tithing/charity. Most wealthy people give tithing/charity.
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.
Safest approach is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
This onyl works if your count4y allows you to retire... america raised the retirement age to 75 or 80 now.... we gon get rich or die trying... no time for health or happiness
I make a little over $130k and have no issue saving after putting money into my 401k, roth IRA, HSA, and paying rent. I have no student loans, credit card debt, or car loans. I made 21% over the last year investing in index funds. Look into VTI, if you're curious.
Mark is absolutely right. 50 30 20 rule is optimal for workers, put your money in every month be sure to spend money on your wants keep the balance right.
I’ve been saving for a long time instead of investing, and right now I only have about $516k. I'm not sure how to make it grow into something substantial that I might use for retirement. I just here for ideas
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look.
completely agree. I have been consistent with my profit regardless of the market conditions. I got into the market early in 2019 and the constant downtrends and losses discouraged me, so I sold off. I got back in December 2020 and this time with guidance from an investment adviser who was recommended by a colleague
Is there any chance you could recommend who you work with? I've wanted to make this switch for a very long time now, but I've been very hesitant about. I'll appreciate any recommendation.
Each and every one of your videos is so relatable. You presentation style makes me watch all the way to the end. Please take over the Martin Lewis show. You are so much more natural.
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 Patricia James
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
Im 16 at the moment, and with my bank, I locked a savings account at 6.5% interest per year. Im doing this until I can access other money tools at 18 🤙
This is good advice and also a great mindset. But 47 years to be a millionaire when you add inflation still is not much. $1 dollar in 1977 is worth $5 today. So $1m at the same rate in 47 years is $200k in today’s term and you can’t live off of that long term!
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This is the best app out there. Back in the day when I started I did my due diligence and decided to choose T212.
It's not the only platform that I use but it is my favourite and it gets better and better, new features are added permanently
@@rufusframptonyou have to be 18 but once you ve reached the age you can invest with as little as 1£. Let's say 5 :) . Fractional shares
@@rufusframpton A Junior stocks and shares ISA
Another thing I am a minor is it ok
My advice to new investors: Buy good companies stocks and hold them as long as they are good companies. Just do this and ignore the forecasts and market views which are at best entertaining but completely useless.
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.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
@@mariaguerrero08Could you possibly recommend a CFA you've consulted with?
Gertrude Margaret Quinto 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.
Just research the name ”Izella Annette Anderson”. You’d find necessary details to work with a correspondence to set up an appointment.
These days, it seems strange. The value of the US dollar is declining due to inflation, but it is increasing when compared to other currencies and commodities like gold and real estate. Because they think it's safer, people are moving to the dollar. I'm concerned that my retirement funds may lose value due to the growing cost of living.
You're correct. I think the smartest way to go is to spread out your investments. By putting your money into different asset classes like bonds, real estate, and stocks from other countries, you can lower the risk if one part of the market goes bad.
Several individuals minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $235k to $690k despite inflation.
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 just Googled her name and her website came up right away. It looks interesting so far. I sent her an email and i hope she responds soon. Thanks
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 $30k of my savings in stocks this year, and I hope I make profits.
You are right. The best approach I feel is to diversify investments- by spreading investments across different asset classes like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
That makes sense. I’ve been using a financial market expert for two years now and I own a six-figure diversified portfolio from investing in stocks. I want to diversify more this year, though.
Mind if I ask you to recommend this particular coach you using their service?
Sonya lee Mitchell 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.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Sonya Lee Mitchell’’ for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
As an elder millennial, one of the few advantages is having lived through the Great Recession. My advice. Reduce unnecessary expenses, increase your savings by investing in financial markets and do not sell. One thing I know for sure is that diversifying your income can help insulate you from much of the craziness going on in the world.
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.
I literally crapped in a bucket ate spaghetti O's and didn't have running water for years to save money to invest. Many other things I gave up but it was worth it. If someone wants to be rich they can. I don't care how much they make.
Agreed. Especially when market drops, continue to invest.
@jackstoltz1379 This is pretty dumb not gonna lie.
You'd be way better off investing less but having a comfortable life than living hell for years just to end up a millionaire (which is not a goal in and of itself by the way, plenty of sad rich people)
@@thepierre396 nah I grew up dirt poor now I have a million dollar net worth at 33. Iv developed confidence and discipline so I know I can do it again and keep it. I built my self working construction. I look around me at all the people that lived there life on ideas rather then action and I'm glad I got it done. Everyone else around me has given up. The best advice I can pass down to you. Is time isn't unlimited. You have to start young and go after what you want. Because as you age you loose your will and give up. If you don't do it today you will never do it. And never let poor people tell you your dumb or you will end up like them. Instead you can be like me able to do what you want when you want how you want
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life.
As a beginner investor, all you have to do is to have a mentor to keep you accountable.
Honestly I really need help learning to trade. Seeing my portfolio low makes me very sad.
Sincerely speaking. I will continue to trade and stick to Coach Cathie Robert daily signals and guides as long as it works well for me.
Please how can I get in touch with this Coach Cathie Robert? I really need to give her a try
She's mostly on Telegrams, using the user name.
The fact that nobody talks about the book whispers of manifestation on borlest speaks volumes about how people are stuck in a trance
Bot
You are just advertising BS bro
The idea of investing a significant sum of money may be both thrilling and intimidating. There is potential for considerable wealth increase with the correct strategy. How can one take advantage of compound interest and potentially grow your retirement savings to about $1M over time?
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K
impressive gains! how can I get your advlsor please, if you dont mind me asking? I could really use a help as of now
Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
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.
Markets look like 2015-16. Probably going back to all time highs, but will probably go sideways until fed signals rate cut, Recently sold 25% of my $285k portfolio comprising of plummeting stocks that were recommended by certain financial RUclipsrs, quite devastating!
The issue is most people have the “I will do it myself mentality” but not skilled enough. Ideally, advisors are perfect reps for investing jobs and at first-hand experience, my portfolio has yielded over 350%, since covid-outbreak to date, summing up nearly $1m.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one.
Lucinda Margaret Crist 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.
Recently, I've been pondering retirement. I've also want to put $300K into the stock market but i need an approach that will align with my risk tolerance and financial goals to secure our future
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Svetlana Sarkisian Chowdhury 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..
Fake and gay bot comment
@@YousufHamza-nd9mk DON'T LISTEN TO THOSE BOTS MAN!!! THEY ARE PAID COMMENT BOTS THAT ARE TRYING TO LEAD YOU TO A SCAMMER!!!! LOOK AT THEIR POOR ENGLISH AND GRAMMAR‼️‼️
Thank you for actually helping us, instead of making some short videos telling people to buy some course that is a scam like some people do.
....while claiming to do "the Loooaaaard's wurk?"
I think I know whom you might be referring to .... 🤪
@@notroll1279 Thank You Jesus 😂
I'm DCAing in Blcktken300 as well. ETH heavier DCA and ALGO. I'm taking your advice and starting Google tomorrow with a 50 dollar purchase and continuing Microsoft and Apple. VTI and VOO on another app and longterm portfolio. Here we go family!
all in
she often interacts on Telegrams
@Soni6835
That's???? her username.
How's it after 8 months?
SO glad you released this video in particular Blcktken300. I was accumulating AR and then saw your video last year saying that you see Blcktken300 may hit 300-400 and then you changed your view. Great and very informative!!! Thanks
all in
bro are you from india bajarangifan
What is the best strategy to enter the investment market now as a beginner with more or less than $19,000
You need a pro at navigating the market. Someone like Amanda Katherine Nakitare
Amanda managing my portfolio was my best decision. I have withdrawn over half a million since
Meeting Amanda Katherine changed my life. I was struggling to make rent now I'm looking at houses to buy
How can she be consulted
Facebook
You see what he just did there? Smooth talking about building wealth which a lot of people are interested in. Talked about selling results and gave the example of getting a percentage off of how many people he brings in. Then a bit later he talks about an investment app for you to start investing your money and even gives a discount code. He’s basically making money while giving bits of advice. Nothing wrong with it at all. If you listen to rich people talk you can pretty much see little nuances and formulate your own path. They’re not going to tell you how to get rich…..you have to see it.
Well said. Thank you
You nailed it.
Obviously.
I am sick of spammers in the comment section😢
I had initially planned to retire at 62, work part-time, and save money, but the impact of high prices on various goods and services has significantly disrupted my retirement plan. I'm worried about whether those who experienced the 2008 financial crisis had it easier than I currently am. The volatility of the stock market is a concern as my income has decreased, and I fear that I won't be able to contribute as much as before, potentially jeopardizing my retirement savings.
Rizing prices is just an excuse. Plenty of people still making good money during these times. You just need to know how
What stock market volatility? Stocks have been going up for half a year already
Ah duck, it's another bot again
Retire to a central America country. Your money will last double or triple. A home in El Salvador is like $35,000 four bedrooms,two Barth room. With $1000 a month you live a royalty life.
@@clintonnickens1004What jobs in these countries do they pay good crime ect these things are also a concern.
You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K in a meme coin from just few months ago and now they are multimillionaires.❤️
+1
301
228
0609
also on I ⬇️G
I'm favoured, $60k every week! I can now give back to the locals in my community and also support God's work and the church. God bless America!!
How can you make 60k a week? Is it a business? Just wondering
@@LogicalEditz1 it is because he doesn't earn shit. This stuff is just making yourself happy for internet people to worship you while you dont even have shit
I feel that the last bull run was bolstered by all the money being printed. Major returns next bull run but I think they will be tamer in my humble opinion. A 10x on Blcktken300 and a 15x on polygon are fair considering how much those two coins are interwov
Scam
all in
Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.
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.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
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.
I started watching you in middle school, a month ago I started investing into the s&p 500. My portfolio is only a little over $100, but it’s a start. Plus I can’t even legally get a job, so I’m doing decent.
Remember, investing money in your skills is also investing. It will ultimately lead you to making more money, which you will then use to buy stocks anyway. This is important especially when you are young because, as you still cannot legally be employed, you want to start accumulating work experience in a highly paid industry as soon as you are of age. Being 27 years old with 5 years of experience in (for example) programming is something you cannot buy once you are 27.
My advice to you is to invest in books, courses, mentoring or higher education for a specific skill. The stock market will be there for you when the time is right.
Money Management is so much more important than money earned.
I must have money first to manage
I’d say they are equally important. There is a certain salary you need to make to live comfortably and invest at the same time. It’s a lot easier to retire on a 500k salary even if you blew half your money vs a 100k salary where you only spent 10%
So true! Wealth has no shortcuts, here are ways to acquire it..🔥
the first step to gaining wealth is figuring-out your goals either on your own or with heIp of a financiaI pIanner and foIIowing through with InteIIigent pIans; you wiII gain financiaI growth in no time and enjoy the decision of managing your finance
I am fortunate I made decisions that changed my finances for the better (gained over 1M in 2yrs) through my financiaI pIanner. Got my 2nd house in May and hoping to retire next-year
Elizabeth Greenhunts
get to her with the name
Kudos
You could either work in a restaurant (most restaurants provide free staff meals) or work as a bus driver(most bus companies provide free transport to bus depot to start work). Or best of both worlds; work in a restaurant that is very near your place of residence(walkable distance of 5-10 minutes walk)
it’s kinda crazy how nobody’s talking about Antozent, they are selling 150 self help books for the price of one
lol, bot and fake likes xD
If you are a reading self help book written by someone else, isnt that just called help?
Let’s face it, the answer is making RUclips videos that tell other people how to make money doing things other than RUclips while realistically probably making most of your money from RUclips
These days, with next to no cost as a barrier of entry, it seems like a responsible person SHOULD 'side hustle' by being on one or several social media sites to be an entertainer, educator, or commenter of some sort.
Secret Pathway To Triumph is so unique. I can’t believe I hadn’t heard about it sooner. It’s amazing how life-changing this can be.
My Blcktken300 shorts are doing pretty well and I plan to hold much longer.
Cheers for the help my man. Turning 18 next year and i'm downloading this video for when i need some advice mate
Secret Pathway To Triumph blew my mind. I’ve shared them with friends, and they’re all amazed at the shifts in their mindset.
Blcktken300 is young. Holding almost anything mentioned here is a good hold because the VHS or Beta will only show in time. I want to hold them early. Its sad that most dont think of these things as good future holds instead of being out of the market and bottom hunting. Are we the adopters or are we scavengers? surely one of these layer ones will become the standard and i dont want to sell any of them too early.
Wish i had a cool uncle like you to teach me about this stuff when i was younger. I was a good saver but no one knew about investing. 😢
Same here. They taught me how to ride a bike and tie my shoe laces at least. 😅
Did you forget how to use Google when you were younger?
Hey, did you hear the news? Bitcoin just hit $50k! 🎉 That's a major milestone for the cryptocurrency world. It's like the stock market on steroids! 💥📈 What a wild ride! 😄
...really @@jollama? Google wasn't invented in 1492 or something. Anyone over 30 either did not or barely had access to searching.
@HistoryByJames Maybe you’re living under the same rock he is
Now we just need to see the Blcktken300 price also move in the same direction as these charts. Up. Very Up.
all in
‘Well bloody go and learn one’ one of the smartest things anyone has said to me
Blcktken300 anticipation is building to a fever pitch! 😥
I just made it into the millionaire club. I did it working a normal job started out at 20k a year currently at 60k with my day job I am 38 years old. I started putting my money into mutual funds and etf's as soon as i started working. in my 30's i started using some of that money to buy rental properties. My parents and grandparents where field workers. My parents borrowed money from me in middle and highschool to keep from losing our house. I had no advantages but still did it. Was still able to save even when i was working minimum wage in college.
Nice motivational video, but you missed inflation? 1.3 M USD in todays money was around 450K USD in 1984.
00:00 🤔 Understanding millionaire statistics: Only 31% of millionaires earned an average of $100k/year, with 79% receiving no inheritance.
00:57 💰 Leveraging income and expenses: Controlling income and expenses is crucial for creating positive cash flow, regardless of salary.
01:53 💡 Importance of starting early: Starting young with positive cash flow allows for significant wealth accumulation over time.
02:23 💳 Managing expenses: Tracking expenses and eliminating unnecessary costs, especially high-interest debt, is essential for financial stability.
03:50 💼 Leveraging income: Focus on increasing income by leveraging skills and opportunities to maximize earning potential.
04:19 📊 Income split strategy: Allocating income wisely, with 50% on needs, 30% on wants, and 20% on investments, is crucial for wealth building.
06:15 🚀 Starting a side hustle: Creating additional income streams accelerates wealth accumulation and investment opportunities.
08:41 💵 Importance of investing: Investing, particularly in index funds, is key for long-term wealth growth and financial security.
Easy to read, much harder to implement
The first point is extremely misleading. Inheritance =/= financial support, the vast majority of them receive quite substantial amounts, of that.
Also all of those other points are exclusively useful if you have disposable income. Most people have to spend 80+% on needs rather than wants. Getting new skills is great advice though.
@@joev3783 That's true. But don't forget about self-made millionaires who never received inheritance and have to work their a**es off
10% of people in US are millionaires...
Anyone else here obsessed with Secret Pathway To Triumph? It's like discovering a secret treasure map for wealth!
Bot
With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly-which means more red ink for portfolios this quarter. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $125k bond/stocck portfoli0
To manage market risks responsibly, distribute investments over many asset classes such as bonds, real estate, and international equities, seek the advice of a professional.
a lot of people downplay the need of advisors until their own emotions become unbearable. I sought for licensed consultants a few summers ago after a drawn-out divorce and needed a push to keep my firm afloat. I located the most qualified person. With her help, my reserve has grown from $275k to $850k, even after accounting for inflation
I am seriously devoted to creating a stable financial future and am thrilled to participate.
who is it?
Marie Slopiey Donner 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..
It's crazy how many people in the UK don't know these basics. This kind of videos should be shown in schools instead of other useless subjects. ❤
It's important to remember, a million pounds will be worth very little by the time most of the viewers are elderly. It will probably only last a few years.
Disciplines is the key but with money is freaking hard…
Just be boring or find cheap fun. Ur bank balance will thank u.
@@HeathenwoodOfficialLike if “cheap fun” can be had these days.
Statistics sound great. But reality doesn't bare your facts.
Cheap fun is super easy these days
Thanks for the update, what are your thoughts on Blcktken300?
Need more Blcktken300 content. Converted my ETH to BTC but kept my Blcktken300
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?
I believe that diversifying your investments is the safest way to handle it. One way to lessen the effects of a market crisis is to distribute investments over a variety of asset classes, such as international equities, bonds, and real estate. It's critical to look for expert advice.
You should talk to a retirement planner, a certified retirement planner. They will help you diversify that money into different things so in case the stock market blows up or the housing market or whatever you will be OK and will have that money forever and grow it.
Buy water, food, sturdy clothes and soaps. TELL NO ONE.
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.
This seems like the worst period.Even the markets are very unpredictable.started investing recently when the market prices were a bit high,today i am more than 60% down
true, A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far.
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same.
thanks, was guided tho..Julia Hope marble...walked me through the ropes majestically i'ts my ultimate pleasure.
Start with bitcoin, and you can thank me later..
Blcktken300 gang in the house! Thanks for the analysis!
borlest forbidden money books (thank me later)
hahaha ye right
Ill check it out. Thanks
who are you bro, i would literally mog the writer richard dotts
How to get it for freeee
What is that?
Inheritance is not the only way in which a rich family can help their younger ones. There is influence and reputation as well. Actually those things may well be worth more than actual assets, since they open so many doors that are otherwise closed to the majority of the population.
As someone who lives in Australia. Seeing 50% to needs hurts. Housing is like 60% of my income.
Then you are in the wrong house.
@@ChimaObiits might the only aviable one
Do it. Blcktken300 already in my bags. I had a Blcktken300 after ( your should I buy ) and I agreed and bought. I'm looking to stack more, too.
I might forget about this channel in a few days or weeks but I'm glad I found this channel at the young age I am now, not even out of school yet, not even close. Because I might remember these tips.
I take an employer match and everything else goes into a couple different etfs that are a little more heavily in different sectors. I have a slow start because housing was my first goal.
I don’t really need to be a millionaire. My goal has always been to keep the monthly expenses low so that I have more excess money.
Had it not been for your RUclips channel I would never have become a trader. Thanks Daily Analysis Video.
Same here
"But what if i have no skills....Oh Bloody go and learn one!" i had a right laugh!!
Enjoyed his communication style, but I wish he addressed the aspect of being in debt too. Mentioning how to manage finances when dealing with debt would have added valuable insights.
Future millionaire here, saw till the end
good luck
Having a million dollars in your pension at 70 is not what most people think of when they hear "milliinaire."
The hardest part of positive cash flow is cost of housing.
Trying to get rich at teen years
You've helped me alot 🙏🏻
Same man
🙏🏻🙏🏻🙏🏻
Great video. Im a huge Blcktken300 fan and love your videos on it.
The whole point of wealth for me is freedom. My magic number in my mind is 5 million needed at 65 to not worry about anything. Am i better off investing a good portion of my income into stocks or real estate to achieve this goal?
Varied sources of income is wise and especially living within your means. My net worth is $2M and I can pay my bills with no stress, but I don't live like I have that. I have no complaints.
Nice. People often underestimate financial advisors' importance. Over 50 years of data reveal that those who work with advisors typically earn more than those who go it alone. I've been fortunate to work with one for 13 years, resulting in a $1 million portfolio, largely from early investments in AI and other growth stocks..
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
Stacy Lynn Staples has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.
Thank you for the lead. I just searched Stacy Lynn Staples by her full name and easily spotted her profile, no sweat. I have sent her an email, hoping she gets back to me soon
You are so smart and kind, thank you for showing us young the way.
Welcome back sir, we missed you ! 🙏🏻🙌🏻
Hi, I didn’t go away, I have just had so much going on in January, I will let you know more about that soon. MT 😎
@@marktilbury there is no app, I tried to download it through App Store and website. Nothing shows up
It is clearly a solid money literacy 101!!!
This gentleman doesn't talk bs .
Doesn't tell you invest this and that thing.
Just how to be responsible
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement of about $750k. I want to know: Do I keep contributing to my portfolio in these unstable markets, or do I look into alternative sectors?
Not only that i feel right now e commence among other sectors are expected to really see growth but who know i might be wrong, These days the market is filled with surprises.
Interesting, I’ve actually been looking into that lately, the news I've been seeing in the market hasn't been so encouraging honestly. If you don't mind me asking who's the person guiding you?
This is crazy If anyone ever told me I will be randomly be surfing on the net and come across individuals talk about Wendy Birkett will for sure doubt but this is crazy I know her and love her strategy so much wow thanks for preaching the gospel…
She appears to be well-educated and well-read. I ran a Google search on her name and came across his website; thank you for sharing.
This is impressive I just Googled her name and her website came up right away. It looks interesting so far. I'm going to send a mail to her and let you know how it goes.Thanks for sharing truly!
Many of those making above 100k and still living paycheck to paycheck aren't doing so because they spend recklessly. It's just that many of these jobs are in high cost of living areas or highly-taxed places.
It's harder to have a net positive cash flow today when most can't afford to own their own home today.
Yes, and sometimes the 6 figure paycheck is actually there to keep people who are doing the job afloat, like truck drivers for example, they can make 6 figures; however, a lot of that money goes into truck maintenance, which is why they get paid that much.
Correct
Really liked your "bloody go and learn one" comment about the skills. Learning those skills could be a video in itself.
Maybe you could also mention that it's a longterm game, and that investors should stay true to their course for 15 years
Some of this skills will tage decades to Learn
it is important to mention that being a millionainre doesn't mean you are crazy rich. Just having a house, some terrain, some cash in the bank and that's enough for you to be registred as a millionaire
*Think investment look up Donald Nathan Scott.*
The concept of Secret Pathway To Triumph blew my mind. It’s like finding a cheat code for financial abundance.
The fact that nobody talks about the forbidden book Scarpure money speaks volumes about how people are stuck in a trance
wow, thanks for the info, I didn't know it was available again
He is a bot
@@biznut8 dont be funny please, this is reason why you so unsuccessfull
🤖
@@AdinPremiumCarDetailingCenter it is though. Go to more familiar videos lile this and they all have more than 500 likes and no comments. It will literally be the same comment
I have to say you video quality is extremly good. Like this is the peak educational content that schools should learn from.
Dear Mark, could you maybe do another video to show us more about investing and how it works?
Glad im watching this while im a teenager. Gonna be useful for the rest of my life.
Yes. Don't just save 20%- invest it👍
So how much should we actually put towards savings? Your setup does not allow for any savings for a rainy day. Would that classify as a want or need? What percentage is good for savings?
Yeah mate, just save money and never spend any of it even things you need such as cars, houses, degrees and you'll be a millionare in no time. It's that easy.
A cousin of mine made a RUclips channel when he was young, it wasn’t successful but then he restarted a few months ago, and the skills he learned from that one channel grew his channel to around 60k rn, id also like to say he is already fairly successful, (civil engineer with a full time job with good reputation) but that channel has made him good money
The reason most don’t earn more than 100k is because for tax purposes there is generally no point earning that much. It doesn’t mean they didn’t earn 100k or more it just means they didn’t take more than 100k as a salary.
@@justthebrttrk Even as a business owner that ability is uncommon. Most businesses in the US are LLCs or sole-props which means the profit goes right onto your personal tax return. You have to be a C-Corp to retain earnings and the tradeoff is double taxation because the company will pay tax and you will eventually still pay income tax when you draw from it.
@@justthebrttrkyou’ve completely missed the point I was making. Down at my golf club I know plenty of people who make 250k per year, but they don’t take it as a salary so on paper it looks like they take 80k and invest the rest. Because earning over 100k means you lose other benefits especially if you have kids, any FA will tell you to defer the money or put it into a sipp, ISA etc. does that make sense?
There was a janitor who was worth almost $10 million… he was a super saver and investor and was super humble and frugal.
Is he still alive, no point being the richest person in the cemetery.
Yeah because when you were younger you could get anything you wanted with a PT job.
Nowadays you need two FT jobs and a multiple side hustles just to get a place to call home.
You could invest in stocks, start a side business, or focus on advancing your career. It's important to set goals and make a plan. Remember, wealth can mean different things to different people, One thing i can say that helped me in life to reach my first million was starting early, i got curious and informed i became open to passive income, investments in equities , etfs and the likes. also sought help to handle my portfolio which was my foundation. i'm ever grateful to Anna Rounds Fay my FA
That’s some good values. sounds like you got something going for you
She appears to be well-educated and well-read. I did a search on her name and came across her web, thank you for sharing
Did a quick search and found her webpage. I must say her resume is pretty impressive. will be writing her.
Nice interesting picks.
Great video!
The only thing I'd change with the money split is this:
Instead of 30% for wants, do 20%. That way you can give 10% tithing/charity. Most wealthy people give tithing/charity.
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.
Safest approach is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
Ask yourself. Will people still be buying, if not switch or get out
This onyl works if your count4y allows you to retire... america raised the retirement age to 75 or 80 now.... we gon get rich or die trying... no time for health or happiness
Who has $500 to spare when rent is more expensive than an entire paycheck?
Just live on streets
I make a little over $130k and have no issue saving after putting money into my 401k, roth IRA, HSA, and paying rent. I have no student loans, credit card debt, or car loans. I made 21% over the last year investing in index funds. Look into VTI, if you're curious.
Where is rent greater than a month’s pay check for full time work?
@@stevenbury3980 a months paycheck? You think all somebody has to pay to survive is rent?
I do! Quit living beyond your means! It’s that simple. You can literally control your own income!
Mark is absolutely right. 50 30 20 rule is optimal for workers, put your money in every month be sure to spend money on your wants keep the balance right.
I’ve been saving for a long time instead of investing, and right now I only have about $516k. I'm not sure how to make it grow into something substantial that I might use for retirement. I just here for ideas
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look.
completely agree. I have been consistent with my profit regardless of the market conditions. I got into the market early in 2019 and the constant downtrends and losses discouraged me, so I sold off. I got back in December 2020 and this time with guidance from an investment adviser who was recommended by a colleague
Is there any chance you could recommend who you work with? I've wanted to make this switch for a very long time now, but I've been very hesitant about. I'll appreciate any recommendation.
Her name is. 'Marisa Michelle Litwinsky’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
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.
Each and every one of your videos is so relatable. You presentation style makes me watch all the way to the end. Please take over the Martin Lewis show. You are so much more natural.
I’ve done some investing last year and I’ve made a 23% gain
By watching you, I learn english and finances at the same time. Love your videos!
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 Patricia James
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
As a beginner what do I need to do? How can I invest, on which platform? If you know any please share
@@Jordansilva916 Great question. I'm interested too
SHE'S MOSTLY ON TELEGRAMS, USING THE USERNAME
@Patricia308 💯 ..that's it
Im 16 at the moment, and with my bank, I locked a savings account at 6.5% interest per year. Im doing this until I can access other money tools at 18 🤙
Is dollar cost averaging the bogleheads three fund portfolio a good idea?
Nothing better than being self made
its not what you earn its what you keep. I saved like 1/3 of a house in 2003 and another 80k in 5 years in the army.
I personally believe in, the moment you get paid. Allocate an absolute MINIMUM of £200 into your SIPP before you even breathe.
This is good advice and also a great mindset. But 47 years to be a millionaire when you add inflation still is not much. $1 dollar in 1977 is worth $5 today. So $1m at the same rate in 47 years is $200k in today’s term and you can’t live off of that long term!