Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.
Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
'Melissa Terri Swayne is the coach that guides me, you probably might have come across her before I found her through a Newsweek report. She's quite known in her field, look-her up.
It’s important to be grateful for what you have. No matter how little you have and how much others seem to have more than you, there’s always someone who has it worse. Often way worse. Counting your blessings is a useful mental health skill. When I was young I served in the Army. I carried a 100 lb ruck through the woods in the steaming heat and freezing cold. I slept in the pouring rain. I never thought it was a blessing at the time. Now it makes my modest life in retirement seem like luxury.
Such an eye-opening reminder! It's incredible how we often overlook the progress we've made and focus on what we lack. This video is a great wake-up call to celebrate the little wins along the way to financial freedom.
Save at least 3 months of emergency expenses. Once you've saved money for an emergency then you spend the rest of your money or invest, or both. However, save an emergency fund.
This seems like the worst period. Even the market are now very unpredictable. Started investing recently when the market prices were a bit high, today I am more than 60% down!
Don't be confuse buying the dip in a bear market, with guaranteed future returns. Just because that company is down 60% + from ATH does NOT make it a sound long-term investment. Make sure you're investing in great companies. kudos to Sylvia nicolas.
The price of a single necessity can absolutely skew your outlook. ALWAYS, take a look at your over all spending.... As you kinda put it, it's all in perspective! You are in a good place if you can afford stuff, such as eating out, without thinking about it!
Yeah, I didn't get the egg price thing. I eat a lot of eggs, so yeah, it sucked. But at the same time, of all the expenses in life eggs are pretty far down on the list of active concerns... And I like eggs.... So sometimes you just hold your nose and pay the bill... And skip the party.
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Michelle Stewart.
Woah for real? I'm so excited. Michelle Stewart strategy has normalised winning trades for me also. and it's a huge milestone for me looking back to how it all started
Chris thank you 😊 for the words of encouragement. I feel discouraged bc I don’t have the fancy stuff which resembles “success”. My goal is have at least $1k saved for an emergency 🚨 and lastly come off credit card 💳 debt
Sounds like great goal. I wish you luck and success with prayers and blessings and when you reach it, then go for next goal! Westernkind is amazing and striving all over the world!
Someone said that it's time to be concerned when you start to see individuals shoplifting groceries rather than big-screen televisions, and i agree. Truth is, inflation will never reach 2% ever again, maybe in the next life, but not this one. Anyone purchasing groceries and gasoline is aware that real inflation is much over 10%; they simply lie about it like cheap blankets. In reality, interest rates would be in the 20s because of how high inflation is. I am aware of certain investors that earned over $265,000 in the stock/options mrkt. Wish I could accomplish that.
Very possible! Particularly in this weak market. There are several opportunities to generate excellent returns, but such intricate transactions can only be carried out by seasoned market professionals.
I totally agree, it's been three years and counting, and I've made over 1.7 million by simply following a coach's advice. I was on the sidelines for a while watching, trying to determine the best time to get in, before I came across a coach, recommended by my wife. I was reluctant at first but I went ahead and contacted the coach. As a small reward for my consistency, I went on a trip to the Bahamas in the late summer. haha
My husband and i just had this conversation this morning. This is exactly how we wish to get our finances coordinated ahead of retirement. Can I get access to your advisor?
I got to know lady through my wife. my wife has the phone line, but you could further look into credentials and contact monica yourself. well-grounded and known, shouldn't be a hassle finding lady. browse, do your dd.
Goals for 2024, after saving 80%+ of cashflow for 6 years: - 150k net equity (spread over cash savings 50%, index funds 15% and stocks 33%) THEN - Purchase an apt or house to rent out. Want to invest at least 50% of purchase price in my own cash THEN - Build up to 150k equity excl house/apt value
@@TheSRMproject Yeah it's freaky some optics are more expensive than the actual gun. That's why I'm still a big fan of iron sights for most of mine. Though when I do buy optics I'm in the "buy once, cry once" camp. I love living in the USA. Things are hard right now for a lot of people rn, so I'm grateful to even consider being able to buy anything like optics or another gun instead of beans and rice. But I doubt they'll ever be as bad as places in Iraq or Afghanistan.
Nah , lots of people order out and are broke AF! Lots of people are living like it’s good but are - net worth. External display of wealth means you most likely had good credit and was able to borrow more. #’s tell us the truth
I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Kathleen Chandler
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.
YES!!! That's exactly her name (Kathleen Chandler) so many people have recommended highly about her and am just starting with her from Brisbane Australia🇦🇺
In 2024,don't set new year financial goals without consulting a financial adviser.there expertise ensure a solid plan for success.Building wealth involves developing good habits like regular putting money away in intervals for solid investments.
Thanks for the advice! I'm new to financial planning and wasn't sure where to start.Any tips on finding a reliable financial adviser or resource to guide beginners?
I agree, based on personal experience working with an investment advisor, I currently have $650k in a well diversified portfolio, that has experienced exponential growth. It is not about having money to invest in stocks,but also you need to be knowledgeable, persistent,and have strong hands to back it up.
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?.
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.
Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
'Melissa Terri Swayne is the coach that guides me, you probably might have come across her before I found her through a Newsweek report. She's quite known in her field, look-her up.
It’s important to be grateful for what you have. No matter how little you have and how much others seem to have more than you, there’s always someone who has it worse. Often way worse. Counting your blessings is a useful mental health skill.
When I was young I served in the Army. I carried a 100 lb ruck through the woods in the steaming heat and freezing cold. I slept in the pouring rain. I never thought it was a blessing at the time. Now it makes my modest life in retirement seem like luxury.
❤
Such an eye-opening reminder! It's incredible how we often overlook the progress we've made and focus on what we lack. This video is a great wake-up call to celebrate the little wins along the way to financial freedom.
Save at least 3 months of emergency expenses. Once you've saved money for an emergency then you spend the rest of your money or invest, or both. However, save an emergency fund.
Always enjoy your content Chris, I'm not rich but happy to say I have a good emergency fund and enjoy the luxury of food choice..
This seems like the worst period.
Even the market are now very unpredictable.
Started investing recently when the market prices were a bit high, today I am more than 60% down!
Don't be confuse buying the dip in a bear market, with guaranteed future returns.
Just because that company is down 60% + from ATH does NOT make it a sound long-term investment. Make sure you're investing in great companies. kudos to
Sylvia nicolas.
I agree just reached my goal of $500k monthly trade earnings. Setting realistic goals is an essential part of trading.
please educate me, i am willing to make consultation to improve my situation.
She's recognized as 'Mrs sylvia. One of the finest portfolio managers in the field.
She's widely recognized; you should take a look at her work.
Yeah, 123k from sylvia nicolas., looking up to acquire a new House, blessings
This video is sooooo important cause even successful people can feel anxiety when enjoying their success in this economy. 😅
One month we are complaining about the price for a dozen eggs, next month we attend a birthday party at a restaurant and spend $50 X 4 for our family.
The price of a single necessity can absolutely skew your outlook. ALWAYS, take a look at your over all spending.... As you kinda put it, it's all in perspective! You are in a good place if you can afford stuff, such as eating out, without thinking about it!
Honestly, it’s the same month. People complain at the party
Yeah, I didn't get the egg price thing. I eat a lot of eggs, so yeah, it sucked. But at the same time, of all the expenses in life eggs are pretty far down on the list of active concerns... And I like eggs.... So sometimes you just hold your nose and pay the bill... And skip the party.
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Michelle Stewart.
Woah for real? I'm so excited. Michelle Stewart strategy has normalised winning trades for me also. and it's a huge milestone for me looking back to how it all started
I'm new at this, please how can I reach her?
The first time we had tried, we invested $1000 and after a week we received $4,830. That really helped us a lot to pay our bills.
she's mostly on Telegrams, using the user name.
@STEWART340 💯:That's her Handle!
Chris thank you 😊 for the words of encouragement. I feel discouraged bc I don’t have the fancy stuff which resembles “success”. My goal is have at least $1k saved for an emergency 🚨 and lastly come off credit card 💳 debt
Sounds like great goal. I wish you luck and success with prayers and blessings and when you reach it, then go for next goal! Westernkind is amazing and striving all over the world!
@@tjenahoj blessings to you as well 🙏. Let’s keep encouraging each other and keep striving together
🥹 thank you so much for this video. it felt like a warm hug. 🥹🥹🥹
I'm still breathing, walking, loving, and also couple mil in my investment accounts, probably doing better than I think
I love your videos my friend! Snowball affect works too & helps!😅👍🙏
I feel like this video is a repeat BUT...maybe I am just watching too much financial stuff...
Either way, good video and correct, Keep it up!
Your presentations are always motivating, practical and enjoyable.
Thank you, glad you enjoy them!
Someone said that it's time to be concerned when you start to see individuals shoplifting groceries rather than big-screen televisions, and i agree. Truth is, inflation will never reach 2% ever again, maybe in the next life, but not this one. Anyone purchasing groceries and gasoline is aware that real inflation is much over 10%; they simply lie about it like cheap blankets. In reality, interest rates would be in the 20s because of how high inflation is. I am aware of certain investors that earned over $265,000 in the stock/options mrkt. Wish I could accomplish that.
Very possible! Particularly in this weak market. There are several opportunities to generate excellent returns, but such intricate transactions can only be carried out by seasoned market professionals.
I totally agree, it's been three years and counting, and I've made over 1.7 million by simply following a coach's advice. I was on the sidelines for a while watching, trying to determine the best time to get in, before I came across a coach, recommended by my wife. I was reluctant at first but I went ahead and contacted the coach. As a small reward for my consistency, I went on a trip to the Bahamas in the late summer. haha
My husband and i just had this conversation this morning. This is exactly how we wish to get our finances coordinated ahead of retirement. Can I get access to your advisor?
Sure, the advisor that guides me is MONICA MARY STRIGLE.
I got to know lady through my wife. my wife has the phone line, but you could further look into credentials and contact monica yourself. well-grounded and known, shouldn't be a hassle finding lady. browse, do your dd.
This is so true!
Hard to imagine that you can gauge how you're doing by your spending rather than your assets and savings rate.
Goals for 2024, after saving 80%+ of cashflow for 6 years:
- 150k net equity (spread over cash savings 50%, index funds 15% and stocks 33%)
THEN
- Purchase an apt or house to rent out. Want to invest at least 50% of purchase price in my own cash
THEN
- Build up to 150k equity excl house/apt value
My goal this year is $100,000 cash in the bank and everything else after that invested, right now im at about $85,000
Income: $1118 minus rent ($1050) = Stress
You obviously need more income. No point thinking about building wealth when you’re below the poverty line
I walked into the gun store the other day and bought a new handgun without really even thinking about it 🎉
Nice! I hope it was a good one.
@@EricDaMAJ sig m17
@@TheSRMproject That is a good one!
@@EricDaMAJ only bad part about it is that I want the Romeo M17 optic for it. That I have to “think” about 😅
@@TheSRMproject Yeah it's freaky some optics are more expensive than the actual gun. That's why I'm still a big fan of iron sights for most of mine. Though when I do buy optics I'm in the "buy once, cry once" camp.
I love living in the USA. Things are hard right now for a lot of people rn, so I'm grateful to even consider being able to buy anything like optics or another gun instead of beans and rice. But I doubt they'll ever be as bad as places in Iraq or Afghanistan.
My credit score sucks. And I'm perfectly ok with that.
That because you’re not living a life that requires having good credit.
@@Daniyoyo that is very true. I always pay cash for stuff. And if I can't afford it, I save up and buy it. Obviously the exception was a house lol.
Once you stop eating out and step getting food delivered, its a great step to foster discipline which is essential to do well in life.
Save and join the 2 comma club like me 😊
😂
Nah , lots of people order out and are broke AF! Lots of people are living like it’s good but are - net worth. External display of wealth means you most likely had good credit and was able to borrow more. #’s tell us the truth
Yep. Tons of bad examples in this video. Not very well thought out.
March exp.=$374. March invested=$2218. debt=$15. ratty car. NW=$400K+ 💲😎💲🐸💲
I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Kathleen Chandler
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.
YES!!! That's exactly her name (Kathleen Chandler) so many people have recommended highly about her and am just starting with her from Brisbane Australia🇦🇺
You trade with Kathleen Chandler too? Wow that woman has been a blessing to me and my family.
she's mostly on Telegrams, using the user name
fxannchandler 💯 ..that's it
I am professional whiteboard animation expert I have 7 year experience in this field
You on Fiverr?
@@ELconomics101 yes
What's your Handle on Fiverr?
Hi sir how are you
Good morning 😊
Don't be so hard on yourself
Our society is created to keep you poor
A slave to the system
In 2024,don't set new year financial goals without consulting a financial adviser.there expertise ensure a solid plan for success.Building wealth involves developing good habits like regular putting money away in intervals for solid investments.
Thanks for the advice! I'm new to financial planning and wasn't sure where to start.Any tips on finding a reliable financial adviser or resource to guide beginners?
I agree, based on personal experience working with an investment advisor, I currently have $650k in a well diversified portfolio, that has experienced exponential growth. It is not about having money to invest in stocks,but also you need to be knowledgeable, persistent,and have strong hands to back it up.
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?.
Marie Ann Treloar
She has been my counselor and coach.
NIce...just wish i had my own roof....