Diversification is the secret to optimal performance. This is why I have my interests set on market sectors based on performance and projected growth, such as stock, EV sector, renewable energy, Tech, and Health. Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE
Dealing across multiple asset classes can reduce risk more effectively than putting all of your money into one. If you don't understand finances properly, see a financial consultant.
True. My portfolio was diversified across several markets with the help of a financial planner, and were able to achieve over a million in net profit among high dividend yield equities, ETFs, and bonds. It is vital that you have a variety of exposure, including in firms that are currently generating cash flows.
REBECCA NASSAR DUNNE is her name. She is regarded as a genius in her area and works for Equity Services inc. She’s quite known in her field, look-her up.
Although the companies in my portfolio are solid, last year was a loss. I experienced a 35% decline in overall $360k portfolio at the height. thus investing makes me anxious . I'm uncertain if I should sell everything and wait.
Opting for an investment advisor is currently the optimal approach for navigating the stock market, particularly for those nearing retirement. I've been consulting with a coach for a while, and my portfolio has surged by 45% since Q2.
Sharon Ann Meny, just check her out. It's better to hire a skilled financial planner especially if you're not one yourself. I hired one after my retirement pension took a hit in 2021 April due to the crash.
I like investing in close-end funds that pay monthly dividends. The trick is to hold long term and reinvest the monthly dividends plus buy more shares on a monthly basis or whenever you can afford to. This can be easily done because close-end funds are bought and sold on the stock market just like regular stock. That'd be enough to create a portfolio that would pay you between $50k to $70k in dividend income
Just because there are opportunities in the market doesn't mean you should go in blindly. To understand the potential factors that contribute to your financial growth, l'il advise you to seek the help of a professional
I completely agree; I am over 40 years old, recently retired, and have approximately $1m in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, having a portfolio-advisor for investing is genius!
@@maryHenokNftAs a new investor it's always great to hear from a person who has gone through all the difficult times and come ahead of it. What are some strategies i can employ to be successful?
She's known as *Gertrude Margaret Quinto* One of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.
Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.
As an investment enthusiast, I often wonder how top level investors are able to become millionaires off investing. I do have a significant amount of capital that is required to start up but I have no idea what strategies and direction I need to approach to help me make decent returns
In order to make profits from trading you need loads of experience and a well defined strategy, which most traders don't have. If you trade without the proper preparation, you're most likely to lose your money. Identify the buy/sell ratios and identify the market leaders and most importantly. Diversify! This will help you spread risk.
I recommend exploring passive index fund investing and expanding your knowledge in this area. Personally, I experienced both successes and challenges when initially seeking a reliable passive income.
Nothing beats the involvement of an expert in any trade or investment, selfishness and greed held many back and they ended up suffering huge losses, and the crypto market- Currencies are no exception.
...in the US, either/and VOO/VTI/VT, with some US small-cap value index fund (e.g., AVUV). Keep adding (DCA) whenever you can, especially when the market is down, because it has been proven that the equities markets will rise again. The most important thing: be patient and persistent!
Absolutely love his down to earth approach to wealth. Some points that I like: 1) Read more books 2) Learning the art of communication 3) Do something good, however small to this world, that you will be remembered for 4) Learn to ignore criticism
There are actually multiple forms of wealth. 1. Knowledge and skills 2. Money 3. Relationships Of the three 1. is the most valuable by far. If you’re world class at what you do you will never have to worry about money and you will have better opportunities to form relationships with other high quality people as well.
As always, a great analysis. Newcomers often wonder if it's too late to navigate the financial market, but the market is always unpredictable. Trading has more advantages than simply holding, so it's important to learn before diving in. Active trades are necessary to ride the market's waves. Thanks to Walter James Henry’s insights, daily trade signals, and my dedication to learning, I've been increasing my daily earnings. Kudos to the journey ahead!
Interesting!! I'm so excited, seeing mr Walter, being mentioned here because his strategies have also normalized winning trades for me. and it's a huge milestone for me looking back to how it all started.
Over the years, I've been a part of numerous trading programs, sifting through a barrage of information. Yet, nothing has come close to the sheer clarity, depth, and precision of James Walter insights. It's akin to finding a diamond in a coal mine.
Just discovered your channel with this video -- I was able to think about my situation and I'm curious to know best how people split their pay, how much of it goes into savings, spendings or investments, I earn around $90K per year but nothing to show for it yet.
@@Angelavaldess I think that is a brilliant idea, I tried managing my stock portfolio by myself and I lost 50% of my savings in a very short period. That prompted me to hire a financial advisor. Since then I have made up to $680K in returns.
@@Jaymilnere I have worked with a few financial advisors before now but i ultimately settled for Alicia Estela Cabouli. She is SEC regulated and licensed in US. You can easily look her up.
@@hullbruce There are a lot of independent advisors you might look into. But i work with Alicia Estela Cabouli and I have been working together for nearly four years, and she is excellent.
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.
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?
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Vivian Jean Wilhelm” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
I love how direct your questions were and how straight forward his answers were. None of the fluff and motivational stuff but actionable directions and thoughts.
What kind of actionable info did u derive from interview? I thought majority of funds fail, and it's called survival bias when they just keep the funds that won.
This Is One of the Greatest Interviews I've ever heard because of: #1. The Openess of Mr. Rubinstein and His willingness to address every question. #2. The Interviewer posed extremely Poignant Questions which resulted in Very Valuable Perspectives being shared.
Right now, things seem odd. The US dollar is losing value due to inflation, but it is strengthening in comparison to other currencies and commodities like gold and real estate. Because they believe it to be safer, people are going to the dollar. I'm concerned that the rising inflation may lead my retirement funds to lose value. Where else could we put our cash?
put your money in ANYTHING that gains value over time, the 2 easiest is high yield savings account and money market account, both of them pay you in interest over time that COMPOUNDS(it basically multiples itself every year) so your bound to not only beat inflation but earn more money then you put in over the decades(around 30 years) due to inflation. Best of all it's usually free with no fees just use your own money to save only negative is you haveto pay taxes on earnings
I found it both telling and hysterical that David says he wasn’t a good lawyer, his clients didn’t think he was a good lawyer so…. He went to work at the Whitehouse.
How awesome is he? I love his sense of humor. Funny story - he came to my office to meet with my boss a few years ago and it just didn’t quite click in my head who he was. I just knew he and another David were coming. This David’s company wasn’t tagged with him because the meeting was arranged by the other David. So after it was over, I had to escort him back downstairs. I knew he looked so familiar and I’m pretty sure he was part of meetings when I was at another company many years prior so I mentioned that. He was very, very humble when he said he wasn’t sure if he’d been to that company but maybe he looked familiar because he does a lot of stuff on finance on news shows. I just think he is beyond cool and am so jealous you got to spend this kind of time with him. What a gem he is. Thank you so much for sharing this with us.
So nice to see that David Rubinstein is interested in so much more than seeing how large his net worth can grow. Hès a great man doing great things for humanity and the planet. Another great interview. And Erika, you and your smile are BEAUTIFUL
What a great interview Erika, the funny thing is I went to the library today grabbing books on investing and I never of David Rubenstein, but his book was one I looked at, and said "This might be worth it". after listening to him and his wisdom on finance and love for animals, I cannot wait to open up and learn more. Thank you so much for both of your contributions to teaching others managing finances.
With so few stocks driving up the latest rally and the majority of "traders" looking to "get rich quick" as the shin comes off those profits, it's time to realize "you'll never go broke taking profits." Buffett is also selling! I'm still uncertain about selling my $200k portfolio, considering its recent significant decline.
That's why I've entrusted a fiduciary with my investment decisions. Many underestimate advisors until emotions lead to losses. My fiduciary crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to $700k, generating sufficient dividends for my household's needs.
Hey there, my retirement portfolio has been underperforming recently, and I'm considering a strategy change with the help of an advisėr. Is it possible to get in touch with your advisėr?
Thanks for this. I curiously searched for her full name and her website came first. I looked through her credentials and did my due diligence before contacting her. Once again many thanks
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.
Agreed, It's essential to diversify your portfolio. While quality stocks are a solid foundation, you should also consider other assets to spread risk. Thankfully, I can attest to the success of this approach aided by professional guidance seeing my portfolio of $330k grow by 15% this year alone... maybe you should do the same.
As a new investor it's always great to hear from a person who has gone through all the difficult times and come ahead of it. What are some strategies i can employ to be successful?
There are a lot of independent advisors you might look into. But i work with. Aileen Gertrude Tippy and I have been working together for nearly four years, and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
Wow, what a heroic American man...funny too. I didn't even know who he was...Ill remember him forever. Your podcasts are the my second favorite after Steven Diary of a CEO...that's still a huge compliment, because I'm obsessed with him😂
@@CandymanJrMint He's an absolute American Hero because he doesn't have to spend a single minute OR dollar on anyone but himself; yet he chooses a life of philanthropy and service... that's why.
Quite intriguing the way he talked about what billionaires have in common. His answer was fluid, easy to understand, and different than most we all usually hear about.
Erika love your content you ask the questions we all want to ask and you are straight to the point. My only feedback is to inform your media group that 8 ads in one video is a bite much
is it really worth investing in stocks in 2024, I’ve been on the sidelines watching the market for awhile and it seems to be pretty stagnant to me not that it matters because I’m in it for the long run, but how can one generate actual profit in this current market?
Partnering with a financial advisor has transformed my approach to investing. Their expertise and personalized guidance have not only helped me navigate complex financial markets but also optimized my portfolio to achieve my long-term goals efficiently.
Your advisor seems competent. Could you share how I can reach out to them? I've recently sold some property and am interested in investing in stocks, and I'm seeking guidance.
I believe the safest approach is to diversify investments. They can mitigate the effects of a market meltdown by diversifying their investments across asset classes such as bonds, real estate, and international stocks. It is important to seek the advice of an expert.
I simply googled her and was really impressed with her qualifications; I contacted her since I needed all the help I could get. I've just scheduled a CAII.
I was in debt and miserable.... I am now debt free and have a few bucks in the bank. I am WAAAAYYYY happier NOW than I was when I was in debt. I get to go see my ageing parents, travel with my brother, give my wife and kid whatever they want and I get to buy myself anything I want. So yes, money does makes ME happy.
Getting the paycheck of a lawyer, is a better head start than the paycheck of someone who makes minimum wage. With cost of living, minimum wage workers have no money for investing. Working more, isn't the answer.
I'm thankful that I watched this very inspiring interview. The interview was simple and easily understood. Thank you Erika and appreciate the interview.
Erika I still thank god that I found you in a time I was losing hope on my future. Believe it or not is bc of you that I’m going to college now. Taking a risk? Yes but you gave me the insight that I needed and I’m currently doing well in all of my classes. So thank you!
Great person! Audience learned a lot from him and Erica’s questions! One small remark: He thinks 2nd grade teacher can’t get rich. Although that’s true, please tell teachers how to make small investments for their retirement. We get so many life lessons from him and understand he is human. He admits he makes mistakes by selling Amazon stocks as soon as he received it😢 Conclusion: get a good education, learn how to talk and pursue your passion❤
Teachers in my town make 45k to 60k, and mostly married with husband's that have awesome jobs too. I know a lot of teachers and have kids in different schools and levels of school. If that isn't able to make a person rich, they are spending frivously here in my town. That's a rich wage, in my town
He says “Raising kids is easier if you don’t have money.”, then he makes sure to mention which Ivy League schools that his kids went to. He says “People in their 20’s shouldn’t focus on investing for retirement.” Then he goes on to say he wishes he would’ve “started earlier”.
Started earlier in investments yes that means researching and reading about it but it would have made him more confident had he known he would be an investor. You most likely won’t be an investor because you don’t comprehend peoples perspectives. Rich people had the opportunity to create a life they want so he created opportunities for his kids to go to Ivy League schools and you have a problem with that
@@memyself4431 Sounds like Kyle is pointing out contradictions. I don't think he said he has a problem with Ivy League schools. I personally find it interesting that most celebrities have kids in Ivy League schools. It's hard to get in those schools. Top grades. But these actors like um..ahem..aunt becky..manage to have brilliant kids that get in these schools
@@laurieclarkson9180 yea, that part I agree, interesting! Maybe it is the old situation where money talks bullsh*t walks? Imagine all of the smart intelligent people who deserved that chance but won’t make it because they didn’t have the money and right connections to make the application shine .. yes, aunt Becky paid for her kids education without them being qualified.
Dude, the all Ivy Leagues have exceptional financial aid services and almost none of them even consider the need to know policy. Hence they don't even consider the students ability to pay for the college tuition in the application. There are hundreds of kids from poor backgrounds that have gotten into universities like MIT, Harvard, Stanford and such. Plus, even this person, David Rubinstein went to University of Chicago ( Acceptance rate = 6% ) and Duke University ( Acceptance rate = 6% ) (for comparison, these universities are more competitive than some ivy leagues). So please, stop making excuses cuz u couldn't get In...@@memyself4431
The clip of the interview in the beginner is true. We don't learn the basic facts of money in school and what it means to save or how to save. High schools should be teaching that to students. The earlier we are taught this the better we are equipped for the future.
I like that Mr. Rubenstein touched on many experiencing a suppressed immune system upon retiring from their work activities. Many take their health for granted in the pursuit of financial wellbeing and upon retirement. This was great interview, Erika.
Did u not agree that education system intentionally does not teach financial literacy? They do not teach money making models, ever find the reason why it's only theory and never practice? Ever realize why financial advice, investment and talking about money is regulated and restricted?
The biggest thing I learned from this video was 50% of investing is buying good companies at good prices and the other 50% is controlling your emotions when . market is moody.I realized that the secret to making a million is making better investment. I always tell myself you don't need that new car or that vacation just yet and that mindset helps me make more money investing.
Thank you for this interview, I loved the way in which such an unassuming man has done, and does, so much. His book is now the next book on my audiobook list.
Another incredible podcast ERIKA. Love these. Thanks for sharing. Keep the content coming. Hope you have an amazing Memorial Day weekend. Much love. Huge hugs
I've been saying it ever since i discovered investing. We need financial literacy, we all should donate to organizations like cents ability, next gen personal finance, and so forth....
@@naticaleb123how about u start a biz, make money, then become financially literate. That will be a great start. Not about interviews with previous generations who started hedge funds. I doubt most ppl will execute on that today, since most ppl don't have modern day buddies to get them 100MM to start a small fund, esp like he had zero experience, yet still got the investment. That's sort of obscenely incredible, and unlikely.
Wonderful questions Erika and a fantastic show!! Thank you for bringing these conversations into the world. They’ve proven so valuable to my self-growth journey ❤
I like the most about this interview is his confidence to say he is extremely handsome, charming & demeanour like a Clooney. Could have said more than GC.
Wow what a great interview! And I really mean this, you have a beautiful smile, some ppl are just nuts! Thank you for creating such valuable content Erika!
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?
Regardless of whether you're a wise person, it's best to consult a professional advisor right away. As a business owner in the service industry as well as an eBay reseller of all product categories, I can attest to the fact that we are in a severe recession and that everyone is running out of money.
This is why I've entrusted a fiduciary with my investmnt decisions. Many underestimate advisors until emotions lead to losses. My advisor crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to over $850k. My personal best so far
NYCOLE CHRISTINA VANNATA 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.
Diversification is the secret to optimal performance. This is why I have my interests set on market sectors based on performance and projected growth, such as stock, EV sector, renewable energy, Tech, and Health. Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE
Dealing across multiple asset classes can reduce risk more effectively than putting all of your money into one. If you don't understand finances properly, see a financial consultant.
True. My portfolio was diversified across several markets with the help of a financial planner, and were able to achieve over a million in net profit among high dividend yield equities, ETFs, and bonds. It is vital that you have a variety of exposure, including in firms that are currently generating cash flows.
You seem to know the market better than we do, so that makes great sense. Who is the guide?
REBECCA NASSAR DUNNE is her name. She is regarded as a genius in her area and works for Equity Services inc. She’s quite known in her field, look-her up.
Although the companies in my portfolio are solid, last year was a loss. I experienced a 35% decline in overall $360k portfolio at the height. thus investing makes me anxious . I'm uncertain if I should sell everything and wait.
Opting for an investment advisor is currently the optimal approach for navigating the stock market, particularly for those nearing retirement. I've been consulting with a coach for a while, and my portfolio has surged by 45% since Q2.
wow that’s stirring! Do you mind connecting me to your advisor please.
Sharon Ann Meny, just check her out. It's better to hire a skilled financial planner especially if you're not one yourself. I hired one after my retirement pension took a hit in 2021 April due to the crash.
I just googled her now and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.
Always hold
I like investing in close-end funds that pay monthly dividends. The trick is to hold long term and reinvest the monthly dividends plus buy more shares on a monthly basis or whenever you can afford to. This can be easily done because close-end funds are bought and sold on the stock market just like regular stock. That'd be enough to create a portfolio that would pay you between $50k to $70k in dividend income
Just because there are opportunities in the market doesn't mean you should go in blindly. To understand the potential factors that contribute to your financial growth, l'il advise you to seek the help of a professional
I completely agree; I am over 40 years old, recently retired, and have approximately $1m in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, having a portfolio-advisor for investing is genius!
@@maryHenokNftAs a new investor it's always great to hear from a person who has gone through all the difficult times and come ahead of it. What are some strategies i can employ to be successful?
She's known as *Gertrude Margaret Quinto* One of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.
Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.
As an investment enthusiast, I often wonder how top level investors are able to become millionaires off investing. I do have a significant amount of capital that is required to start up but I have no idea what strategies and direction I need to approach to help me make decent returns
In order to make profits from trading you need loads of experience and a well defined strategy, which most traders don't have. If you trade without the proper preparation, you're most likely to lose your money. Identify the buy/sell ratios and identify the market leaders and most importantly. Diversify! This will help you spread risk.
I recommend exploring passive index fund investing and expanding your knowledge in this area. Personally, I experienced both successes and challenges when initially seeking a reliable passive income.
Mind if I ask you to recommend this particular coach you using their service?
'Rebecca Noblett Roberts' maintains an online presence. Just make a simple search for her name online.
Her website appeared right away, You've saved me several hours of research, I appreciate it.
Nothing beats the involvement of an expert in any trade or investment, selfishness and greed held many back and they ended up suffering huge losses, and the crypto market- Currencies are no exception.
I agree because most people I know complain about losses due to poor market analysis and recent bear market situations
Which professional would you recommend? I'm new to the world of cryptocurrency and I really need an expert to guide me.
I work with Christopher Scott after meeting him in an interview on CNBC.
CHRISTOPHER SCOTT TRADING
1nsta***G.R.A.M**
the $100 question
27:38
she's essentially asking, what if I only have the bare minimum to invest?
Answer: index fund
Thank you, you the best!
@@Dtcal_garydo it in a retirement account so all your compound interest dividend earnings are tax free(until you claim them)
...in the US, either/and VOO/VTI/VT, with some US small-cap value index fund (e.g., AVUV). Keep adding (DCA) whenever you can, especially when the market is down, because it has been proven that the equities markets will rise again. The most important thing: be patient and persistent!
Lol nice
Thank you so much! That's what I wanted to hear. There's no way I'm giving my money to Blackrock or Vanguard, so you saved me some time, here!
Absolutely love his down to earth approach to wealth.
Some points that I like:
1) Read more books
2) Learning the art of communication
3) Do something good, however small to this world, that you will be remembered for
4) Learn to ignore criticism
There are actually multiple forms of wealth.
1. Knowledge and skills
2. Money
3. Relationships
Of the three 1. is the most valuable by far. If you’re world class at what you do you will never have to worry about money and you will have better opportunities to form relationships with other high quality people as well.
Just can't shake the idea that it's a more serious Steve Martin talking in the video
Same!! 🤣
Lol
😂😂😂😂😂
😭😭😭😭
I'll take it
As always, a great analysis. Newcomers often wonder if it's too late to navigate the financial market, but the market is always unpredictable. Trading has more advantages than simply holding, so it's important to learn before diving in. Active trades are necessary to ride the market's waves. Thanks to Walter James Henry’s insights, daily trade signals, and my dedication to learning, I've been increasing my daily earnings. Kudos to the journey ahead!
He's mostly on Telegrams, using the user name
@Gainwithwalter7
Interesting!! I'm so excited, seeing mr Walter, being mentioned here because his strategies have also normalized winning trades for me. and it's a huge milestone for me looking back to how it all started.
Over the years, I've been a part of numerous trading programs, sifting through a barrage of information. Yet, nothing has come close to the sheer clarity, depth, and precision of James Walter insights. It's akin to finding a diamond in a coal mine.
Ever since I started following his strategies, my trading game has elevated to new heights. Truly a mastermind in the trading world..
Just discovered your channel with this video -- I was able to think about my situation and I'm curious to know best how people split their pay, how much of it goes into savings, spendings or investments, I earn around $90K per year but nothing to show for it yet.
It’s important to do your own research and consult with a financial advisor before making any investment decisions.
@@Angelavaldess I think that is a brilliant idea, I tried managing my stock portfolio by myself and I lost 50% of my savings in a very short period. That prompted me to hire a financial advisor. Since then I have made up to $680K in returns.
@@DanielPanuzi I think i should give this a try, but how can I reach a decent advisor like the one you use?
@@Jaymilnere I have worked with a few financial advisors before now but i ultimately settled for Alicia Estela Cabouli. She is SEC regulated and licensed in US. You can easily look her up.
@@hullbruce There are a lot of independent advisors you might look into. But i work with Alicia Estela Cabouli and I have been working together for nearly four years, and she is excellent.
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.
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?
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Vivian Jean Wilhelm” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
I love how direct your questions were and how straight forward his answers were. None of the fluff and motivational stuff but actionable directions and thoughts.
What kind of actionable info did u derive from interview? I thought majority of funds fail, and it's called survival bias when they just keep the funds that won.
This Is One of the Greatest Interviews I've ever heard because of:
#1. The Openess of Mr. Rubinstein and His willingness to address every question.
#2. The Interviewer posed extremely Poignant Questions which resulted in Very Valuable Perspectives being shared.
Blcktken300 gang in the house! Thanks for the analysis!
Right now, things seem odd. The US dollar is losing value due to inflation, but it is strengthening in comparison to other currencies and commodities like gold and real estate. Because they believe it to be safer, people are going to the dollar. I'm concerned that the rising inflation may lead my retirement funds to lose value. Where else could we put our cash?
The market has gone berserk! irrespective of experience level, everyone needs a sort of coach at some point to thrive forward.
I’ve seen these exact same comments on every investment channel I’ve watched. Beware.
Keeping cash leads to loosing it. Remember parable of the talents.
put your money in ANYTHING that gains value over time, the 2 easiest is high yield savings account and money market account, both of them pay you in interest over time that COMPOUNDS(it basically multiples itself every year) so your bound to not only beat inflation but earn more money then you put in over the decades(around 30 years) due to inflation. Best of all it's usually free with no fees just use your own money to save only negative is you haveto pay taxes on earnings
I found it both telling and hysterical that David says he wasn’t a good lawyer, his clients didn’t think he was a good lawyer so…. He went to work at the Whitehouse.
I know right. lol
How awesome is he? I love his sense of humor. Funny story - he came to my office to meet with my boss a few years ago and it just didn’t quite click in my head who he was. I just knew he and another David were coming. This David’s company wasn’t tagged with him because the meeting was arranged by the other David. So after it was over, I had to escort him back downstairs. I knew he looked so familiar and I’m pretty sure he was part of meetings when I was at another company many years prior so I mentioned that. He was very, very humble when he said he wasn’t sure if he’d been to that company but maybe he looked familiar because he does a lot of stuff on finance on news shows. I just think he is beyond cool and am so jealous you got to spend this kind of time with him. What a gem he is. Thank you so much for sharing this with us.
What did u learn from the interview? How to start a successful hedge fund? What practical take aways did u get, I'm curious.
I love how this guy thoughts and words are so concise and straight to the point...no wasted words
I thought the exact same thing!
I think Blcktken300 will be the most important project in crypto. But HBAR sounds nice too. Will buy some with my Blcktken300 earnings lmao
What a kind, polite, and generous gentleman. Thanks, Erika. This was a very useful tutorial. Time well spent.
"Some of the wealthiest people are tortured souls"
This should not go unnoticed.
Strange, the poorest people tend to commit the most crime, drug overdose, etc.
@@marcuspinto-xv1fz the sweet spot is to get rich but not live too lavish
"Some of the most tortured souls I've met are wealthy people" *
I am very tortured
@@crimpers5543 how tortured are you?
So nice to see that David Rubinstein is interested in so much more than seeing how large his net worth can grow. Hès a great man doing great things for humanity and the planet. Another great interview. And Erika, you and your smile are BEAUTIFUL
What a great interview Erika, the funny thing is I went to the library today grabbing books on investing and I never of David Rubenstein, but his book was one I looked at, and said "This might be worth it". after listening to him and his wisdom on finance and love for animals, I cannot wait to open up and learn more. Thank you so much for both of your contributions to teaching others managing finances.
With so few stocks driving up the latest rally and the majority of "traders" looking to "get rich quick" as the shin comes off those profits, it's time to realize "you'll never go broke taking profits." Buffett is also selling! I'm still uncertain about selling my $200k portfolio, considering its recent significant decline.
Don't sell; avoiding trying to time the market and incurring unnecessary taxes. Stay grounded and focus on the long term!
That's why I've entrusted a fiduciary with my investment decisions. Many underestimate advisors until emotions lead to losses. My fiduciary crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to $700k, generating sufficient dividends for my household's needs.
Hey there, my retirement portfolio has been underperforming recently, and I'm considering a strategy change with the help of an advisėr. Is it possible to get in touch with your advisėr?
Thanks for this. I curiously searched for her full name and her website came first. I looked through her credentials and did my due diligence before contacting her. Once again many thanks
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.
Agreed, It's essential to diversify your portfolio. While quality stocks are a solid foundation, you should also consider other assets to spread risk. Thankfully, I can attest to the success of this approach aided by professional guidance seeing my portfolio of $330k grow by 15% this year alone... maybe you should do the same.
You could suggest any professional/advisrs i can get on the phone with? i'm in dire need of proper portfolio allocation
As a new investor it's always great to hear from a person who has gone through all the difficult times and come ahead of it. What are some strategies i can employ to be successful?
There are a lot of independent advisors you might look into. But i work with. Aileen Gertrude Tippy and I have been working together for nearly four years, and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
Wow, what a heroic American man...funny too. I didn't even know who he was...Ill remember him forever. Your podcasts are the my second favorite after Steven Diary of a CEO...that's still a huge compliment, because I'm obsessed with him😂
How is he heroic?
@@CandymanJrMint He's an absolute American Hero because he doesn't have to spend a single minute OR dollar on anyone but himself; yet he chooses a life of philanthropy and service... that's why.
In my humble opinion this is the best 50 minute explanation of fundamental things in the field. I really enjoyed it. Thank you!
BEST INTERVIEW YET. so inspiring. thank you Erika and David!
Now this was one heck of an interview... using some of these questions in my own series, Masters of the Market!
Quite intriguing the way he talked about what billionaires have in common. His answer was fluid, easy to understand, and different than most we all usually hear about.
I did not hear a 50 year old on how to invest. I’m so happy that I found your channel. Thank you
What an amazing interview. Such a great speaker and amazing that we has so willing to give his time. Just AMAZING 🎉
21:59 investing
Erika love your content you ask the questions we all want to ask and you are straight to the point. My only feedback is to inform your media group that 8 ads in one video is a bite much
I really enjoyed this and respect a gentleman with this positive kind attitude who had reached a lofty financial status. Golden advice. Thanks!
is it really worth investing in stocks in 2024, I’ve been on the sidelines watching the market for awhile and it seems to be pretty stagnant to me not that it matters because I’m in it for the long run, but how can one generate actual profit in this current market?
It may be a good idea to speak with a financial advisor who can help you develop a portfolio based on your individual goals and risk tolerance.
Partnering with a financial advisor has transformed my approach to investing. Their expertise and personalized guidance have not only helped me navigate complex financial markets but also optimized my portfolio to achieve my long-term goals efficiently.
Your advisor seems competent. Could you share how I can reach out to them? I've recently sold some property and am interested in investing in stocks, and I'm seeking guidance.
She's “Sharon Lee Peoples” ''. I choose to delegate my excesses to her because of her expertise. I suggest you look her up.
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.
I’m under pressure to grow my reserve that currently holds about $500k. I’m down by 20% already following the crash and I fear I could lose more.
I believe the safest approach is to diversify investments. They can mitigate the effects of a market meltdown by diversifying their investments across asset classes such as bonds, real estate, and international stocks. It is important to seek the advice of an expert.
I simply googled her and was really impressed with her qualifications; I contacted her since I needed all the help I could get. I've just scheduled a CAII.
You have done enough research then trust yourself. It’s about the journey not the result yet.
I was in debt and miserable....
I am now debt free and have a few bucks in the bank. I am WAAAAYYYY happier NOW than I was when I was in debt. I get to go see my ageing parents, travel with my brother, give my wife and kid whatever they want and I get to buy myself anything I want.
So yes, money does makes ME happy.
Getting the paycheck of a lawyer, is a better head start than the paycheck of someone who makes minimum wage. With cost of living, minimum wage workers have no money for investing. Working more, isn't the answer.
I’m on a fixed income and I found if you want to invest you can find the money to. Budget!!!
There are plenty of entry level government jobs that can give you that early head start after completing high school.
If you are making minimum wage, your first and best investment must be in upgrading your in skills.
@@afamedozieEXACTLY!
Thanks Erika for having David on, another value packed session
“Private equity is the highest calling” lol
I'm thankful that I watched this very inspiring interview. The interview was simple and easily understood. Thank you Erika and appreciate the interview.
Got in at Blcktken300 with $1 but I will keep it until it hits $50. Still low with that number as the market cap is not close to where it should be
Erika I still thank god that I found you in a time I was losing hope on my future. Believe it or not is bc of you that I’m going to college now. Taking a risk? Yes but you gave me the insight that I needed and I’m currently doing well in all of my classes. So thank you!
💪 ✅ 🏆 ❤️
Keep it pushin
Absolutely loving the interviews. Cream of the crop. Keep smiling. 😊
Wow! what a humble guy Erika!! Im very grateful for all these amazing Podcasts you are making!! Much success to you!!
Wow. Brilliant interview! I've heard of him in passing but did not know much about his background. Well done Erika!
Great interview! We need a part 2 of this
He is great. Love how he always speaks in simple terms.
Erika, you and your interviewees are great contributors to education on social media. Congratulations!
Great person! Audience learned a lot from him and Erica’s questions! One small remark: He thinks 2nd grade teacher can’t get rich. Although that’s true, please tell teachers how to make small investments for their retirement. We get so many life lessons from him and understand he is human. He admits he makes mistakes by selling Amazon stocks as soon as he received it😢 Conclusion: get a good education, learn how to talk and pursue your passion❤
That’s just for USA, teachers earn their worth in Japan with yearly bonuses as often as 3x a year
@@iloveyounetwork3749Doesnt change the fact that they should invest regardless
Teachers in my town make 45k to 60k, and mostly married with husband's that have awesome jobs too. I know a lot of teachers and have kids in different schools and levels of school. If that isn't able to make a person rich, they are spending frivously here in my town.
That's a rich wage, in my town
I didn’t know Steve Martin Moonlights as a Wall Street investor.
Very humble and intelligent man. God bless for having a giving heart.
He says “Raising kids is easier if you don’t have money.”, then he makes sure to mention which Ivy League schools that his kids went to. He says “People in their 20’s shouldn’t focus on investing for retirement.” Then he goes on to say he wishes he would’ve “started earlier”.
Started earlier in investments yes that means researching and reading about it but it would have made him more confident had he known he would be an investor. You most likely won’t be an investor because you don’t comprehend peoples perspectives. Rich people had the opportunity to create a life they want so he created opportunities for his kids to go to Ivy League schools and you have a problem with that
@@memyself4431 Sounds like Kyle is pointing out contradictions. I don't think he said he has a problem with Ivy League schools. I personally find it interesting that most celebrities have kids in Ivy League schools. It's hard to get in those schools. Top grades. But these actors like um..ahem..aunt becky..manage to have brilliant kids that get in these schools
@@laurieclarkson9180 yea, that part I agree, interesting! Maybe it is the old situation where money talks bullsh*t walks? Imagine all of the smart intelligent people who deserved that chance but won’t make it because they didn’t have the money and right connections to make the application shine .. yes, aunt Becky paid for her kids education without them being qualified.
He's on board at these schools. He also went to top school for his under grad and law school
Dude, the all Ivy Leagues have exceptional financial aid services and almost none of them even consider the need to know policy. Hence they don't even consider the students ability to pay for the college tuition in the application. There are hundreds of kids from poor backgrounds that have gotten into universities like MIT, Harvard, Stanford and such. Plus, even this person, David Rubinstein went to University of Chicago ( Acceptance rate = 6% ) and Duke University ( Acceptance rate = 6% ) (for comparison, these universities are more competitive than some ivy leagues). So please, stop making excuses cuz u couldn't get In...@@memyself4431
The clip of the interview in the beginner is true. We don't learn the basic facts of money in school and what it means to save or how to save. High schools should be teaching that to students. The earlier we are taught this the better we are equipped for the future.
His Erika taught me answer in the end was so on point.....
Such an amazing interview ,got to learn a lot from this .Keep up the good work!
What a good hearted gentleman. I really appreciated hearing his story and advice. I love that he values humility.
Erika you will be the most famous interviewer in a very short amount of time.
Thank you Erika, this interview confirmed alot of things for me. May God continue to bless you in all you do. 🙂
I like that Mr. Rubenstein touched on many experiencing a suppressed immune system upon retiring from their work activities. Many take their health for granted in the pursuit of financial wellbeing and upon retirement. This was great interview, Erika.
Mr Buffett is a GENIUS .... Those are huge microphones . He is an exception to the rule .
Such an insightful interview.
The importance of financial literacy is not talked about enough
Did u not agree that education system intentionally does not teach financial literacy? They do not teach money making models, ever find the reason why it's only theory and never practice? Ever realize why financial advice, investment and talking about money is regulated and restricted?
I totally agree with you. Insightful.
The biggest thing I learned from this video was 50% of investing is buying good companies at good prices and the other 50% is controlling your emotions when . market is moody.I realized that the secret to making a million is making better investment. I always tell myself you don't need that new car or that vacation just yet and that mindset helps me make more money investing.
Can someone put the timestamps of where he states of where to invest $100, thanks
“I’m not going to retire, they’ll have to carry me out”. Strong words
Strong words? Sad words from a person who just lives to work.
What's work when all your doing is taking car rides ans talking business.. I can see saying this...if this was my job
@@janetvasquez610exactly.
Thank you for this interview, I loved the way in which such an unassuming man has done, and does, so much. His book is now the next book on my audiobook list.
Another incredible podcast ERIKA. Love these. Thanks for sharing. Keep the content coming. Hope you have an amazing Memorial Day weekend. Much love. Huge hugs
Great interview. Good heart is much more valuable than money. Successful people work hard and have integrity.
I've been saying it ever since i discovered investing. We need financial literacy, we all should donate to organizations like cents ability, next gen personal finance, and so forth....
I just found this channel. What other channel do you recommend for financial literacy and pre investment education? Thank you.
Sure, after u become billionaire, then consider charitable works through your own foundation too.
@@naticaleb123how about u start a biz, make money, then become financially literate. That will be a great start. Not about interviews with previous generations who started hedge funds. I doubt most ppl will execute on that today, since most ppl don't have modern day buddies to get them 100MM to start a small fund, esp like he had zero experience, yet still got the investment. That's sort of obscenely incredible, and unlikely.
Incredible interview - David is a wealth of knowledge
This interview kept my ears glued
Great interview. So good, I watched it 2X.
First time to channel, enjoyed the whole conversation. Very insightful! Also, signed up for your December webinar
Great video as always 👏 thanks Erica for bringing us value 🎉
Ngl my favorite part was David explaining Pandas mating😂 38:16
@16:16 Im happy that he is pushing people to pick up book. Reading is important, and saving money are necessary. Cool interview ❤
This was a great interview. Good job.
Wonderful questions Erika and a fantastic show!! Thank you for bringing these conversations into the world. They’ve proven so valuable to my self-growth journey ❤
I like the most about this interview is his confidence to say he is extremely handsome, charming & demeanour like a Clooney. Could have said more than GC.
A man after my own heart. Truly inspirational.
Excellent interview . So much value Thank u
Very catchy title but I don't regret watching this podcast. It was very informative and Erika... you're gorgeous :)
As a non investor, I learned a lot. I am retired with small pension and should start reading more about investing, should buy his book.😊
I really enjoyed this video. Humility is a big part that is missing in our society. I love how he thinks. Thank you for this video.
What did u get out of this video? Does it make u wish u were the 0.001% of successful biz. What is the lesson from this interview.
I love David’s humour. Very poised. Great interview Erika!
Thank you for this interview; May I add your smile is great Erika!
Excellent questions and this man was such a delight to listen and learn from. Thanks for the mid day treat.😊
Wow what a great interview! And I really mean this, you have a beautiful smile, some ppl are just nuts! Thank you for creating such valuable content Erika!
Your bro must be super proud of you, Erika! Congrats on having such an incredible guest
What incredible wisdom shared for both investing and life. David is a true inspiration. Thank you both for your time to help others. So humbled.
Great lessons. Thank you Erika and David.
Great interview Erika! He has a nice personalities! Thanks! 😊❤
This was a great interview. Thanks ❤
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?
Regardless of whether you're a wise person, it's best to consult a professional advisor right away. As a business owner in the service industry as well as an eBay reseller of all product categories, I can attest to the fact that we are in a severe recession and that everyone is running out of money.
This is why I've entrusted a fiduciary with my investmnt decisions. Many underestimate advisors until emotions lead to losses. My advisor crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to over $850k. My personal best so far
NYCOLE CHRISTINA VANNATA 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.
Quality questions! Inspiring interview
Thank you so much. Love this interview. Lot to learn from David. He is a billionaire and also a humble person. Unique
Personality
Love your channel, Erika!
David Rubenstein is a sensational influencer and a typical learning model and a shape of authentic success and greatness
Great video Erika.I love all the content I viewed only a few but great so far! Love his humility and intellect ❤️💪🏼🙏🏼