I currently have a $280k stock portfolio consisting of 33% S&P, 33% Total stock, and 33% international. I feel a need to focus on complete growth so I went 100% stocks, but does the SP500 and QQQ overlap too much to make sense holding both?
You might also follow a lots stocks across other industries. I'll advise you to work with a financial advisor who can assist you decide when is the best to buy and sell the shares or ETFs you want to acquire since you don't have to act on every forecast.
No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 this year.
*Sharon Lynne Hart* 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.
The first step to building wealth is figuring out your goaIs and risk toIerance - either on your own or with the heIp of a financiaI pIanner, and foIIowing through with an inteIIigent pIan, you wiII gain financiaI growth over the years and enjoy the benefits of managing your money.
I am fortunate I made productive decisions that changed my finances (gathered over 1M in 2years) through my financiaI planner. Got my 2nd house in Feb, and hoping to retire soon.
After experimenting with stocks since late 2021, I've shifted to 100% S&P 500. Still regretting not doing so from the start. Now i am Considering a return to individual stocks in 2024, but uncertain about safely investing close to 300k in the market.
De-risk your portfolios, shore up your core holdings, and take some profits while balancing your portfolio allocations. I’d also suggest you go with a managed portfolio, but even those don’t perform so well, so it’s best you reach out to a proper fiduciary to guide you, that’s what works for my spouse and I. We've made over 80% capital growth minus dividends.
Thank you for sharing, I must say, Jennifer appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled a call
80% equities 20% cash. I plan to take advantage of the s&p 500 as leading indicators predict above 10% rise by next year, my only issue is how to properly allocate a large stock/bond portfolio for substantial gains at minimum risk.
its hard to beat the market as a mere investor nowadays, just better you get guidance from a license professional who understands the market dynamics better
Straight up, not so many see the essence of expertise assistance. I once had a stagnant $350k that started generating big fat yields as soon as I picked a CFP to do the day-to-day investing job, leaving my portfolio just about 10% from a million in barely 3 years today.
@@maria_casey thats remarkable! would appreciate your insights on alternative investment options, or if possible info of the financial planner assisting you please.. i'm quite intrigued and enthused about investing in the fin-market, but still a newb
Can't divulge much, my portfolio is overseen by ''Katherine Nance Dietz'' she's well qualified and established, you should be able to find her basic info on the internet.
thanks for sharing, curiously inputted Katherine Nance Dietz on my browser, spotted her site immediately and was able to send my message across. I find her extremely knowledgeable and well matched for me to entrust my day-to-day investing
Most people aren't complaining about the cost to invest... It's the cost attached to heavy chance of that money just vaporizing randomly one day and the thought of having just wasted a decade stashing $1k/mo.
@@Andrew-og7liif the stock market crashed then you would have more problems to worry about. Like what youll hunt to survive the winter. And their isnt a heavy chance of it disappearing unless nuclear war happens
The S&P 500 moved 5,17% higher last Month, achieving one of its best monthly performances in history.. which is an indicator for profits to continue to improve. I just want my money to keep outgrowing the inflation rate. I'm still looking for companies to make additions to my $500K portfolio, to boost performance. Here for ideas...
I think the safest strategy is to diversify investments. Like 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 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 licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
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 that was so easy thank you for teaching that. Now I understand how this works. I wish someone had said that when I was 18 put $1000 a month aside and 28 years you’ll have $1 million you know everybody and their brother’d be doing it.
I've been keeping a substantial amount of my savings in cash. It feels safe, but I wonder if it's the right approach for retirement. I want to invest roughly $400K in stocks since I've heard that even in challenging times, investors may turn a profit. I’m not sure where to go from here.
It's impressive how much you saved during your working years, a feat not many achieve in a lifetime. Now that you're retired and rely on your investments, it's wise to redistribute your capital to mitigate risks during market fluctuations. Consulting a financial advisor can help simplify this process.
Opting for an inves-tment advisr 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 85% since 2022
Same I’m 23 and putting £150 pm. When I’ve got a better income I plan to invest more and diversify my portfolio. It’s good we’re ahead of the curve. Most people our age spend there money on stupid stuff rather than thinking about the future.
Y’all are talking about investing $100 a month whilst I’ve got enough money to last me till the end of my life. As long as I die by the end of the week.
Correction: You'd be a millionaire on paper. Taxes and inflation would seriously eat into your purchasing power, and thats assuming that returns stay consistent.
You’d be a millionaire ‘on paper’, but considering inflation is ‘typically’ aimed at 2% per year, that’s still 5.5% growth, with is better than no growth, which is better than negative growth by not doing anything with your money.
if this was so easy everyone would be a millionaire. exactly, this is all in saying and paper provided the returns and market stays consistent, which we all know, never ever happens. Even if you hold the stocks for 10-20 years as most people say, it is and not garanteed you will even get your capital sum back. Much like ILPs
As a canadian, would you say i should invest in VFV or XUU and take the 15% taxe in my TFSA account or should i focus to find canadian ETFs ? (new to investing, gathering knowledge but in the meantime i'd like to start right)
Please make another video for high income earners who want to retire early and get a low stress lower paying job. What timeline do they need? Thank you for making these videos
I've been investing in Bitcoin by myself. I'm not really happy with what's going on, just few weeks ago I lost about $12K in a particular trade. Can you help me out or at least advise me on what to do?
The problem is these time frames are useless for most people I got bills now I can't wait 30-60 years shit doesn't stop happening just because you invested money.
So is there any difference if I invest in S&P 500 on say Robinhood vs my Roth IRA. No job so just straight contributions. No employer match. Would I be playing myself out of my money until 59-65 years old ?
One thing he didn’t mention is once you have that million unless you’re at the age you want to retire you don’t pull that money out you keep building it until you reach that age then you’ll have even more. Also that’s 1 million sitting there in stocks but once you pull it out you’ll have to pay taxes on it so it’ll be less you actually have to spend.
How do you know you will live to be 28? Healthy people die all the time stop working towards your retirement and work towards actually living and enjoying what you can.
what about a more intriguing but more honest and considerable one for any one investing in listed securities on exchanges , solve for time it takes to RECOVER Consciously from a 15 % drop in your portfolio on any given day !
It’s not about what you’re able to buy with 1M, it’s the peace of mind knowing you don’t have to stress about not being able to pay bills, as long as you’re living within your means. Even if you just have $300K, you can tell your boss to f himself since you don’t NEED that next paycheck to survive.
Exactly, I hate I was so ignorant to investing in my 20s now in my 30s playing catch up but watching my parents depend solely on social security has been my motivation. Some of my peers have made the comment that its stupid to invest people lost their money during the crash in 08.. and I don't even try to explain or dispute, that's your future and this is mines. I choose to invest keeping in mind the risk versus not investing at all and not being prepared for he future.
Absolutely its better to dare to fail and end up becoming rich, or not risk anything at all, and remain the same thus not knowing in case you could have bettered your life financially or not. Its people who dare to fail that makes it in life after-all.
This is the only comment I've seen that is aligned to my thoughts. Everyone keeps saying you will waste your time and either die before seeing your profit or lose it all to a crash. My thoughts are, if I unfortunately die before retirement my child will have what I left which puts him at a advantage. My other thoughts are I have no business being in 100 percent stocks at 50+ years old. If I restructure correctly each year I could cut down on my risk and play a safer bet holding my funds in bonds as I get older or near a crash.
I anticipate positive growth in the markets for 2024, and I'm considering investing $220k in stocks for my retirement plan due to recent rate cuts. Could you provide guidance on executing this investment safely? Additionally, are there any crucial tips or changes I should be mindful of in the current financial landscape?
Swinger sweeper is just a Windex bottle attached to a push broom. Invent something everyone did not know they needed,. Till you show them what it is. I'll prove it to you.
Don’t just invest in one fund invest in multiple, and each year slowly increase the amount u invest per month. Do that and get off high paying job or start a side hustle plus a salary job with decent pay. Soon enough you should have 1 million
@@sloth6765100% only about 8% of investors can actually outperform the S&P 500. I'd also recommend an S&P 500 growth etf, such as VONG. It has been outperforming the S&P 500 since VONG was introduced
Self sufficiency and retirement on your own doesn't fit the narrative of today. They want you totally dependent upon them, cradle to grave. They start in grade school teaching kids to envy people with money, but never teach them to invest on their own. Thanks for sharing.
Hi Zac, I hope you are well. My name is Jerard, I’m an entrepreneur, business owner, investor - living in Canmore AB, originally from the east coast. Big fan of your YT vids, great delivery. I’ve been heavily studying chart patterns, market psychology over the past couple of years, developing my Longterm positions in stock & crypto. It’s the short term “day trading” I have not attempted, but I’m getting closer…;) Currently setting up IQ edge on my office computer & monitor, excited but nervous. I’m 1.5 years in to studying & have not attempted an type or short term trade as of yet..lol Zac, do you recommend I stick to an S&P TSX traded ETF as a Canadian resident , or does it matter if I purchase S&P US traded if it’s a long term position ? Any advice would great, & I apologize if my message is confusing! Ps. Addy app is a great concept 👍
Hi Jerad, Thank you for the support and for watching my videos! If you can buy a Canadian version of the same asset that is usually the best thing to do. As long ass the fees are similar I would almost always buy the Canadian version.
Yep and the 1K a month is the only one that happens within a working lifetime!!!! See investing to get rich does not work fast which is a problem because things change.
My portfolio has been drildling despite the s & p 500 doing well. Its frustrating about $80k has been lost in my stock portfolio in 4 months. Hiw do i turn this around?
7.45% is if you just put the money in and never do any profit taking. If you play the ups and downs, you can make more than that. I'm up 17% for the year so far in a sideways market, and I have added nothing to my account.
fr ppl dont even understand. when ur 60 ur old. not as old as 70 but still old to the point that you wouldnt even enjoy the money. the max for me is 40 or nothing at all
Like how?? If i do 100 per month and get a 7.45% return that's 107.45×12= 1289.4 annually and 74785.20 after 58 years. Your math doesn't addup, Can you explain ???
I have been following your videos for Months now and i have been making outstanding progress with my investment. Truly, The SP500 is a self-correcting portfolio, Following this principles, i have been able to amass $280k from my portfolio.
I’m taking the hybrid approach, VOO, SCHD as my foundation, with growth like MA, UNH, HD. And slow growth like O and PEP. I have a 20 year time horizon. But the best part is I still enjoy my life while I do this. Travel, and buy ONLY things I love. It’s the best combo, plus I love the small victories with receiving dividends/dividend growth/share price appreciation.
I hope everyone is ready to invest money at the right time. Planned actions can help you secure your financial future. The stock market still gives you the best chance of becoming a millionaire.
We must consider safer investments with promising returns in order to plan for the future. Under the direction of my investment advisor "JILL MARIE CARROLL" whose expertise in portfolio diversification is unsurpassed and client-focused, my portfolio has gained almost $680k since Nov, 2022.
I’m so confused with this, how does an IRA account differ from a Bull / Bear market ? That’s my only confusion. Can someone explain this better for me pls.
Only people who study the market and understand the concept know when to execute this action. Your typical citizen isn't that equipped so its best not to try and time it just get in and continue to invest in a s&p
I know people who spend thousands a year on coke, cigarettes, coffee and pastry. You would be amazed how much money you waste. That is easily € 200 per month. So invest € 200 and live more frugally. And make sure to buy the S&P 500 tracker, not the stock.
@@KEVINtulointeresting. I've heard of option trading but never understood it. So if your prediction is off do you just lose out on ebay you invested or how does that work? Sorry if that sounds crazy
If you find 30 chances to double your investment starting with a penny you’ll have a million dollars as fast as you can find those 30 doubles. Might be a lot faster than you think. The key is watching cash flow growth in a company. It needs to be very high growth. Putting it in the S&P500 to earn 7.45% is a waste of time because that estimate is an average over 3 year periods not every single year. I can tell you for a fact the S&P500 did not grow in 2022 at 7.45% nor in 2015, or 2018.
It goes into stocks for the 500 biggest companies in America so when those stocks rise and fall so will your money but historically it’s allowed peoples investments to rise by 7% pretty consistently so if you can constantly put in $1000 monthly with that 7% increase you’d have 1 million by the time your 50/60 then you could pull that money out and possibly live the rest of your life on that. It’s not a get rich quick thing for you to live on or play with right now it’s something for when you’re older you’re not having to work as much or at all.
@@teigenromero4095thx yeh I would never invest my money just to never see it agin and if I do it on a screen that cannot be used I’d rather invest my money into assets that go up
warren buffet advices the investor to buy the s&p 500,i feel its b.s, seriously who has 58 years adding to their current age, to become a millionaire. I'd be one by the age of 84.
It's more for teen but honestly you don't need to become a millionaire, saving on the side can get you a comfortable pillow in case you're fired, seek without health system, retirement...
I currently have a $280k stock portfolio consisting of 33% S&P, 33% Total stock, and 33% international. I feel a need to focus on complete growth so I went 100% stocks, but does the SP500 and QQQ overlap too much to make sense holding both?
You might also follow a lots stocks across other industries. I'll advise you to work with a financial advisor who can assist you decide when is the best to buy and sell the shares or ETFs you want to acquire since you don't have to act on every forecast.
No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 this year.
Please can you leave the info of your investment advisor here? I’m in dire need for one.
*Sharon Lynne Hart* 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.
People complain but have $700 car payments
Sell your car
I have 700 car payment lol.
Damn that's harsh reality smh people could be millionaire but these cars are eating there money up smh!!!!!
@@sneezygibz6403 plug that into a invest calculator and see how much you would have over time
@bryanmitchem1578 I own a few businesses and real estate properties. 700 is nothing to me.
Amazing. “THIS IS HOW I ACQUIRE WEALTH”
The first step to building wealth is figuring out your goaIs and risk toIerance - either on your own or with the heIp of a financiaI pIanner, and foIIowing through with an inteIIigent pIan, you wiII gain financiaI growth over the years and enjoy the benefits of managing your money.
I am fortunate I made productive decisions that changed my finances (gathered over 1M in 2years) through my financiaI planner. Got my 2nd house in Feb, and hoping to retire soon.
researvh this, if you care
FinanciaI-PIanner Rebecca Mart-Watson (in fuII
l’m amazed to partake on this, lt has rekindled the fire to my goals.
After experimenting with stocks since late 2021, I've shifted to 100% S&P 500. Still regretting not doing so from the start. Now i am Considering a return to individual stocks in 2024, but uncertain about safely investing close to 300k in the market.
Everyone needs a Margin of Safety in their portfolios and just remember, It's time in the market versus timing the market.
De-risk your portfolios, shore up your core holdings, and take some profits while balancing your portfolio allocations. I’d also suggest you go with a managed portfolio, but even those don’t perform so well, so it’s best you reach out to a proper fiduciary to guide you, that’s what works for my spouse and I. We've made over 80% capital growth minus dividends.
this is all new to me, where do I find a fiduciary, can you recommend any?
"Jennifer Leigh Hickman" is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment
Thank you for sharing, I must say, Jennifer appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled a call
80% equities 20% cash. I plan to take advantage of the s&p 500 as leading indicators predict above 10% rise by next year, my only issue is how to properly allocate a large stock/bond portfolio for substantial gains at minimum risk.
its hard to beat the market as a mere investor nowadays, just better you get guidance from a license professional who understands the market dynamics better
Straight up, not so many see the essence of expertise assistance. I once had a stagnant $350k that started generating big fat yields as soon as I picked a CFP to do the day-to-day investing job, leaving my portfolio just about 10% from a million in barely 3 years today.
@@maria_casey thats remarkable! would appreciate your insights on alternative investment options, or if possible info of the financial planner assisting you please.. i'm quite intrigued and enthused about investing in the fin-market, but still a newb
Can't divulge much, my portfolio is overseen by ''Katherine Nance Dietz'' she's well qualified and established, you should be able to find her basic info on the internet.
thanks for sharing, curiously inputted Katherine Nance Dietz on my browser, spotted her site immediately and was able to send my message across. I find her extremely knowledgeable and well matched for me to entrust my day-to-day investing
People will pay $14 for a pack of cigarettes, $600 for a car payment but complain about the cost to invest
Show me 1 person who buys $14 cigarettes and complains about the cost to invest...
@@DrJoonParkme
Most people aren't complaining about the cost to invest... It's the cost attached to heavy chance of that money just vaporizing randomly one day and the thought of having just wasted a decade stashing $1k/mo.
@@Andrew-og7liif the stock market crashed then you would have more problems to worry about. Like what youll hunt to survive the winter. And their isnt a heavy chance of it disappearing unless nuclear war happens
@@DrJoonParkme
My Blcktken300 shorts are doing pretty well and I plan to hold much longer.
Blcktken300 gang in the house! Thanks for the analysis!
What side are you on as Blcktken300 divides the wealthy from the poor?
The S&P 500 moved 5,17% higher last Month, achieving one of its best monthly performances in history.. which is an indicator for profits to continue to improve. I just want my money to keep outgrowing the inflation rate. I'm still looking for companies to make additions to my $500K portfolio, to boost performance. Here for ideas...
I think the safest strategy is to diversify investments. Like 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 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 licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Could you kindly elaborate on the advisor's background and qualifications?
The advisor that guides me is Sonya lee Mitchell, most likely the internet is where to find her basic info, just search her name. She's established.
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.
but what if it crashes
1 day if you had 1 million dollars
I believe someone managed to do it in 0 seconds
@@GanzyChannel yeah if you have rich parents and they did it for you before you was even born lol
A small loan of a…
@@user-fc6dk4sz8e cry
Or a lottery
Love the Blcktken300 content. I think this project is just as essential as HBAR and they both will be great movers
Wow that was so easy thank you for teaching that. Now I understand how this works. I wish someone had said that when I was 18 put $1000 a month aside and 28 years you’ll have $1 million you know everybody and their brother’d be doing it.
You just changed my life with this info
I want to be a millionaire in less than a year so I'm going to invest $100k per month.
😂
Big brain move.
Well just throw ur earned business money into the stock market
Just saying, that if the stock market crash comes like it did in 2009 then say adios to your 100k+ investments lol
😭
I've been keeping a substantial amount of my savings in cash. It feels safe, but I wonder if it's the right approach for retirement. I want to invest roughly $400K in stocks since I've heard that even in challenging times, investors may turn a profit. I’m not sure where to go from here.
It's impressive how much you saved during your working years, a feat not many achieve in a lifetime. Now that you're retired and rely on your investments, it's wise to redistribute your capital to mitigate risks during market fluctuations. Consulting a financial advisor can help simplify this process.
Opting for an inves-tment advisr 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 85% since 2022
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
*Vivian Louise Dehoff** is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
Legit question tho... Is it better to invest weekly/monthly or do a single lump sum at once? 🤔
I do $80 a month it’s not much but I hope to be able to put more and more in the future, after all I’m only 22
Not much you say but every month you are $80 wealthier.
👏🏽wish I knew about this at 22 yrs old. Am 34 and am about to start. Keep going at it youngster.. remember discipline is everything.
80 bucks ain't shit
Where do you put it? Is there a particular stock?
Same I’m 23 and putting £150 pm. When I’ve got a better income I plan to invest more and diversify my portfolio. It’s good we’re ahead of the curve. Most people our age spend there money on stupid stuff rather than thinking about the future.
Also important to calculate fees, for example VOO is the third of the expense ratio of SPY.
Congratulations!!! You'll be a millionaire at the age of 95 years of age🎉 Enjoy!
Well I’m 14 so 28 years imma be only 34😂
@@tillmancaskey1209 you'll be 42😂🤣🤣🤣
@@tillmancaskey1209and the message clearly weren't for a teen. Good luck kiddo
@@tillmancaskey1209 stop skipping math class
@@tillmancaskey1209yes because you somehow have 12k per year to put in the s&p?
Y’all are talking about investing $100 a month whilst I’ve got enough money to last me till the end of my life. As long as I die by the end of the week.
😂😂😂😂
God damn you are rich as of 5-12-24 I got till Tuesday
Correction: You'd be a millionaire on paper. Taxes and inflation would seriously eat into your purchasing power, and thats assuming that returns stay consistent.
So what would you suggest? Not invest?
@@joy2come119that would be even worse
You’d be a millionaire ‘on paper’, but considering inflation is ‘typically’ aimed at 2% per year, that’s still 5.5% growth, with is better than no growth, which is better than negative growth by not doing anything with your money.
if this was so easy everyone would be a millionaire. exactly, this is all in saying and paper provided the returns and market stays consistent, which we all know, never ever happens. Even if you hold the stocks for 10-20 years as most people say, it is and not garanteed you will even get your capital sum back. Much like ILPs
@@elizabethd5264 That all depends on the rate of return right? Either way someone who can invest without issues is hood rich at the least.
As a canadian, would you say i should invest in VFV or XUU and take the 15% taxe in my TFSA account or should i focus to find canadian ETFs ? (new to investing, gathering knowledge but in the meantime i'd like to start right)
Great video ❤
Please make another video for high income earners who want to retire early and get a low stress lower paying job. What timeline do they need? Thank you for making these videos
What is a good stock market that i can use to invest into everything in a FTC’s or crypto
QQQ & VOO are the way 🔥Two amazing ETFs
Best invest is real state.. You get a monthly profit and inflation is your friend
I've been investing in Bitcoin by myself. I'm not really happy with what's going on, just few weeks ago I lost about $12K in a particular trade. Can you help me out or at least advise me on what to
do?
Would this same strategy work for VOO since it’s cheaper???
The problem is these time frames are useless for most people I got bills now I can't wait 30-60 years shit doesn't stop happening just because you invested money.
Pro tip for the retail investors try to buy leap options instead of shares on the good 2 year periods
With that 7.45% average. Is the 1.5% dividends included?
So is there any difference if I invest in S&P 500 on say Robinhood vs my Roth IRA. No job so just straight contributions. No employer match. Would I be playing myself out of my money until 59-65 years old ?
One thing he didn’t mention is once you have that million unless you’re at the age you want to retire you don’t pull that money out you keep building it until you reach that age then you’ll have even more. Also that’s 1 million sitting there in stocks but once you pull it out you’ll have to pay taxes on it so it’ll be less you actually have to spend.
How do you know you will live to be 28? Healthy people die all the time stop working towards your retirement and work towards actually living and enjoying what you can.
Yes Dollar cost average so powerful
As a brokerage account or roth ira?
How does putting 10 times more only make it twice as fast?
PLEASE TEACH US THE TYPES AND HOW MANY CATEGORIES OF SP500
Just voo
what is the website/app you're using to look at the stocks history at the very end?
looks like questrade edge
Is spx 500 the same thing?
what about a more intriguing but more honest and considerable one for any one investing in listed securities on exchanges , solve for time it takes to RECOVER Consciously from a 15 % drop in your portfolio on any given day !
Where do I start
Pretty easy. Just buy when SPY is low and sell when it's high.
And be sure to cherry pick the best years like in this video
It’s not about what you’re able to buy with 1M, it’s the peace of mind knowing you don’t have to stress about not being able to pay bills, as long as you’re living within your means. Even if you just have $300K, you can tell your boss to f himself since you don’t NEED that next paycheck to survive.
Exactly, I hate I was so ignorant to investing in my 20s now in my 30s playing catch up but watching my parents depend solely on social security has been my motivation. Some of my peers have made the comment that its stupid to invest people lost their money during the crash in 08.. and I don't even try to explain or dispute, that's your future and this is mines. I choose to invest keeping in mind the risk versus not investing at all and not being prepared for he future.
Absolutely its better to dare to fail and end up becoming rich, or not risk anything at all, and remain the same thus not knowing in case you could have bettered your life financially or not. Its people who dare to fail that makes it in life after-all.
But there are ETFs with much higher annual returns aren’t there?
I will be generating wealth for my children basically. No problem
This is the only comment I've seen that is aligned to my thoughts. Everyone keeps saying you will waste your time and either die before seeing your profit or lose it all to a crash. My thoughts are, if I unfortunately die before retirement my child will have what I left which puts him at a advantage. My other thoughts are I have no business being in 100 percent stocks at 50+ years old. If I restructure correctly each year I could cut down on my risk and play a safer bet holding my funds in bonds as I get older or near a crash.
I anticipate positive growth in the markets for 2024, and I'm considering investing $220k in stocks for my retirement plan due to recent rate cuts. Could you provide guidance on executing this investment safely? Additionally, are there any crucial tips or changes I should be mindful of in the current financial landscape?
But what are the risk ?
What? You put in 10x the amount (100 vs 1k) and it only halves the time? I think your calculator is busted
What if I put 500k and wanna get the profits every month?
Am I allowed to do that?
Isn’t treasury bills better than S&P500?
Thanks.
Swinger sweeper is just a Windex bottle attached to a push broom. Invent something everyone did not know they needed,. Till you show them what it is. I'll prove it to you.
Now show them the inflation calculator so they can see that $1m in 28 years is the equivalent of $400,000 in today's money
Don’t just invest in one fund invest in multiple, and each year slowly increase the amount u invest per month. Do that and get off high paying job or start a side hustle plus a salary job with decent pay. Soon enough you should have 1 million
Most funds underperform the SPY/VOO anyway... VOO and chill.
@@sloth6765well u never know look at the history of total index fund the global market if outperformed spy few times
@@sloth6765fr fr
@@sloth6765100% only about 8% of investors can actually outperform the S&P 500. I'd also recommend an S&P 500 growth etf, such as VONG. It has been outperforming the S&P 500 since VONG was introduced
So work your ass like a dog and hope to God your Investments pay out before something or someone takes you out. good advice
Self sufficiency and retirement on your own doesn't fit the narrative of today. They want you totally dependent upon them, cradle to grave. They start in grade school teaching kids to envy people with money, but never teach them to invest on their own. Thanks for sharing.
And our old friend compound interest comes into the equation.
Thanks for clarifying....that 7.45% is inflation adjusted
Well than go and live in vietnam
@@sran9492 zašto?
Jel to onda znaci da raste 7,45% uz uracunatu inglaciju ili?
@@payg4887 6.5-7% za s&p500 ako se uračuna inflacija i dividend reinvestment...tj net gain
?
Nice! and to actually get right at the million mark, you would have to deposit at least $922.00 per month for 28 years. ❤
Hi Zac, I hope you are well.
My name is Jerard, I’m an entrepreneur, business owner, investor - living in Canmore AB, originally from the east coast. Big fan of your YT vids, great delivery. I’ve been heavily studying chart patterns, market psychology over the past couple of years, developing my Longterm positions in stock & crypto. It’s the short term “day trading” I have not attempted, but I’m getting closer…;) Currently setting up IQ edge on my office computer & monitor, excited but nervous. I’m 1.5 years in to studying & have not attempted an type or short term trade as of yet..lol
Zac, do you recommend I stick to an S&P TSX traded ETF as a Canadian resident , or does it matter if I purchase S&P US traded if it’s a long term position ?
Any advice would great, & I apologize if my message is confusing!
Ps. Addy app is a great concept 👍
Hi Jerad, Thank you for the support and for watching my videos!
If you can buy a Canadian version of the same asset that is usually the best thing to do. As long ass the fees are similar I would almost always buy the Canadian version.
@@ZacHartley thank you, I appreciate it 👍
Jerard
Hi can anyone donate me money like i need it atleast 300 cuz im 16 my family poor i rlly wanna invest but i have no money can someone give me pls
What about 50 per week for 3 years?
Bro who wanna wait 28 years
Except, you didn't include compounded earnings.
Yep and the 1K a month is the only one that happens within a working lifetime!!!! See investing to get rich does not work fast which is a problem because things change.
Unless inflation adjusted, meaningless numbers
My portfolio has been drildling despite the s & p 500 doing well. Its frustrating about $80k has been lost in my stock portfolio in 4 months. Hiw do i turn this around?
My I ask what all you're invested? I'm only in s&p
Btw 7.45% yearly return not monthly
Should I reinvest in dividends automatically?
Yes
Most definitely
I don't understand wat he means by the return is 7.45%. Do I need to reinvest the returns?
7.45% is if you just put the money in and never do any profit taking. If you play the ups and downs, you can make more than that. I'm up 17% for the year so far in a sideways market, and I have added nothing to my account.
@@4dscdriverHow the hel did you get to 17%???
A million is nothing when the currency is worthless, buy gold and silver while you can!
If I don’t become a millionaire before my 50y I don’t even need it
What if you become a millionaire at 50?
Shit a millionaire at 60 I’m still traveling and living a super kush life
😂😂don’t worry bro, if u eat healthy and workout, u would still be able to enjoy ur million of dollars
fr ppl dont even understand. when ur 60 ur old. not as old as 70 but still old to the point that you wouldnt even enjoy the money. the max for me is 40 or nothing at all
@@amongusy3😂this makes no sense at all.
Like how?? If i do 100 per month and get a 7.45% return that's 107.45×12= 1289.4 annually and 74785.20 after 58 years. Your math doesn't addup, Can you explain ???
How do you calculate the average return?
He said 20 year return
If $100/month takes 58 yrs, how is it that 2.5x that amount only knocks off 13 years?
Index universal life and annuity has a fixed rate up to 12%. Hit me up if you want to know more. Similar to this video but way better returns.
But how do you dollar cost average $100 per month into SPY since the share price is over $400
Choose a broker that allows fractional share investing.
Spy or spx
I have been following your videos for Months now and i have been making outstanding progress with my investment. Truly, The SP500 is a self-correcting portfolio, Following this principles, i have been able to amass $280k from my portfolio.
I’m taking the hybrid approach, VOO, SCHD as my foundation, with growth like MA, UNH, HD. And slow growth like O and PEP. I have a 20 year time horizon. But the best part is I still enjoy my life while I do this. Travel, and buy ONLY things I love. It’s the best combo, plus I love the small victories with receiving dividends/dividend growth/share price appreciation.
I hope everyone is ready to invest money at the right time. Planned actions can help you secure your financial future. The stock market still gives you the best chance of becoming a millionaire.
We must consider safer investments with promising returns in order to plan for the future. Under the direction of my investment advisor "JILL MARIE CARROLL" whose expertise in portfolio diversification is unsurpassed and client-focused, my portfolio has gained almost $680k since Nov, 2022.
How can I touch base with Jill Marie? what are her services like? is she verifiable? do you think she can help me, I live in Canada.
You can simply look up her name online; she has a large web presence, so finding her homepage shouldn't be difficult.
how much money I need to invest if I only have 10 years?
Depend how old you are and if you're going to live a long time.
I’m so confused with this, how does an IRA account differ from a Bull / Bear market ? That’s my only confusion. Can someone explain this better for me pls.
You forgot dividend payouts
who's gonna guarantee u 7.45%?
Good Point
Yes but if you wait until or only buy in when markets are down your gains will be much much more
Only people who study the market and understand the concept know when to execute this action. Your typical citizen isn't that equipped so its best not to try and time it just get in and continue to invest in a s&p
Yea I agree better in then not!@@joy2come119
I did voo and btc man hit 100k quick the 1m is easy now the problem is going from 0 to 100k
I know people who spend thousands a year on coke, cigarettes, coffee and pastry. You would be amazed how much money you waste. That is easily € 200 per month. So invest € 200 and live more frugally. And make sure to buy the S&P 500 tracker, not the stock.
Ik this helps with long term and I’m all in for that but is there another way like investing in short term?
Yes. It’s called options
You can bet on a stock that it will go up or down. And you can make even 1,000% 10 times in one days.
If you predict it right
Look up best short term investments for your age
@@KEVINtulointeresting. I've heard of option trading but never understood it. So if your prediction is off do you just lose out on ebay you invested or how does that work? Sorry if that sounds crazy
If you find 30 chances to double your investment starting with a penny you’ll have a million dollars as fast as you can find those 30 doubles. Might be a lot faster than you think. The key is watching cash flow growth in a company. It needs to be very high growth. Putting it in the S&P500 to earn 7.45% is a waste of time because that estimate is an average over 3 year periods not every single year. I can tell you for a fact the S&P500 did not grow in 2022 at 7.45% nor in 2015, or 2018.
You lose less money with voo than spy because both of them or s&p 500 but spy expense ratio takes .09% of your money voo is better
I see…. What would you recommend for someone with a liquid million?
Sp500
with portfolio diversification it doesn't take that long
I'm 17 right Now And i wanna become a millionaire on maximal age at 27-35
What investments do you have?
@@thomaskral0wI invest in stocks the most. And I'm relatively successful.... 🤝
Or you could put $10/day in TECL and do it in 15 years.
do this with Nasdaq
Do we have to buy S&P as a whole share or we can invest some amount every month . How do invest everymonth ? Do we have to make an account with them?
🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
Use vanguard it’s $3k to open and account tho
Fractional shares*
Robinhood will let you do that
Okay but where dose the money go and how dos either make me rich ?? If I can’t use it ??
It goes into stocks for the 500 biggest companies in America so when those stocks rise and fall so will your money but historically it’s allowed peoples investments to rise by 7% pretty consistently so if you can constantly put in $1000 monthly with that 7% increase you’d have 1 million by the time your 50/60 then you could pull that money out and possibly live the rest of your life on that. It’s not a get rich quick thing for you to live on or play with right now it’s something for when you’re older you’re not having to work as much or at all.
@@teigenromero4095thx yeh I would never invest my money just to never see it agin and if I do it on a screen that cannot be used I’d rather invest my money into assets that go up
@@teigenromero4095how would I pull the money out selling ??? Like in stocks in pull just sell the index ??
Which s&p 500 is this
That’s what I’m wondering.
@@BANEMODE😂
How much will 1 mil be worth with the inflation though?
Well, 5% max inflation by year, here 7.45%, so... except if there is a huge crash, still better than letting your money lose value.
warren buffet advices the investor to buy the s&p 500,i feel its b.s, seriously who has 58 years adding to their current age, to become a millionaire. I'd be one by the age of 84.
It's more for teen but honestly you don't need to become a millionaire, saving on the side can get you a comfortable pillow in case you're fired, seek without health system, retirement...