"mutual funds that are actively managed will have higher expenses than those that are passively managed, that's not necessarily a bad thing" yes it is a bad thing lol, what good is beating the s&p if you're gonna lose all of that difference to fees? multiple studies have shown that actively managed mutual funds CAN consistently beat the s&p in performance BUT almost all actually fall short of the s&p when fees are included. I'd rather just invest in index funds and lock in a completely average return instead of adding the risk of under performing just to get the slight chance to over perform
The last time he countered his overlord, he was slapped on air. The only reason he’s saying it this way is because his overlord says it this way truthfully I’d like to see if his actual portfolio reflects what Ramsey says or what he knows the actual truth is based on all the different studies. Let’s go back to when he was talking about the 4% rule And he got smacked down by Ramsey.
George is too smart to actually be putting money into actively managed mutual funds. He doesn't eat his own cooking. Studies have shown that actively managed funds have outperformed the s&p but can't do it consistently and when they do outperformed, the fees eat away the outperformance. So it's just best to invest in index funds that are passively managed, period. The fees ARE a big deal, George, this video is a disappointment and too vague to serve of any value. People should really be watching the Money Guy show for actual advice, not this
JGGI is that considered a mutual? It is good though and its actively managed. I think it also does better than SCHD but SCHD has much lower fees and its been around much longer too
I love everything about Ramsey except this 4 mutual fund bullshit they hang onto. Buy VOO or VTI, reinvest dividends, keep adding consistently and never sell it.
You like not investing and giving up the match if you have student loan debt?? My employer matched 6% when I had $90k in student loans at 2.25% interest. No way, Dave!!
I agree man! I’m a die hard Ramsey supporter and will go to war for him because he changed my family tree. But on investing, it’s so dishonest and my parents are losing out on so much money because they choose Dave’s 4 ways over just doing VOO and SCHD.
@@jaredhall6649 no just keep in mind, VOO is more tax efficient. They both have very similar returns. So it’s really up to you. I’m NOT a financial advisor. So take this with a grain of salt. I could be wrong.
Which is why I opt towards self managed accounts. They must get some kind of kickback from the "Ramsey Trusted Advisors" because the math around the losses from higher expense ratios is legitimate...
@@josephstupar3372 If they make close to the same return, then they make close to the same return. Who cares what the fees are? The returns are published after fees are taken into account. There is zero difference between an actively managed fund that earned 15% if the S&P500 index funds also earned 15%. I have no issue with index funds. I just don't understand the hate toward these fees. I wouldn't mind paying an actively managed fund fee of 50% if the annual return (after fees) is a few percentage points higher than the S&P.
All that "diversification" and complication for his 401k to under perform the market by almost 8% and pay mutual fund fees... Just buy low cost or free index funds y'all it's almost impossible to actually beat the market over time.
@@bolts59422 false. Just because the s&p did great 1 year doesn’t mean the average over the long term is better. There are mutual funds that that beat the s&p in the long term
Do not choose an actively managed fund. Index funds have by a 90% and higher track record never been out performed. Plus actively managed funds require addition fees...this is why Ramsey solutions directs people to edorsed local providers because they are getting their cut. Just do index funds.
For Muslims that's really the only option sadly. Most index funds are not sharia compliant. Ik the Ramsey audience is Christians but I am a Muslim and watch their videos.
S&P 500 index funds all the way. Picking active mutual funds doesn’t work over the long term. The SPIVA report shows this every year. Index funds have a much lower expense ratio and have are no commission. In my opinion, there’s no need for an international fund, index or otherwise. It’s because about 30% of the S&P 500’s total revenue ALREADY comes from international sources. There’s your international exposure right there. Most of the time with our connected world, if the US stock market does well, the world stock market also does well.
8:16 very much agree with us, but one thing I will say is that the S&P 500 doesn’t have exposures to some large international companies, I typically invest 90% in domestic equities in a passive index fund and then have an international passive index fund that excludes US companies. This gives me around 5 to 10% of extra international exposure, both directly and indirectly.
fully agree on index vs. mutual funds, but you gotta hold some international. your idea for no international is still a bet, the same kind of bet youd be making if you were betting on a fund manager to beat the s&p. if something causes the U.S. to get a sharp decrease in international revenue (say, i dunno, a large amount of tariffs...) then this goes completely out the window. To minimize UNCOMPENSATED risk (that is, minimizes any risk that don't increase potential returns) you want to hold a total U.S. stock market fund (s&p is an ok approximation of this) and a total foreign market fund, both weighted to their respective market caps (iirc its like 65-35)
@@drfeelgoodphd1485 I highly doubt tariffs will be instituted on a large scale. They are used during negotiation to make other countries do what we want them to. I don't want a drag on my yearly returns in most years, just to outperform the US returns on rare occasion. I also want to avoid the currency exchange risk when holding foreign funds.
So, those 4 mutual fund categories returned 17.24%, well below the market average for 2024, and way more expensive. An S&P500 index fund with an expense ratio of 0.015% would have returned almost 25%.
That is not quite a fair comparison. He is more diversified than that to mitigate risk. The portion of his portfolio that compares is the Large cap and the return was up around 28% thereby beating comparable S&P (fundamentally large cap) index funds.
@ this has been proven false by two other RUclipsrs. If you pick the 4 classes they recommend when you compare to just the S&P they loose. Even when you pick the best performing in those classes. You don’t have to diversify in 4 groups. As they point out the market always comes back. Why diversify?
Except we do not know if all 4 categories were in invested equally. If he had 80,000 in the funds that grew 28%, and 15,000 in the 25% funds, and only 5,000 in the international fund, then most of his portfolio grew at a rate of at least 25%. He only lost out on a tiny bit of money in the interational stocks that only returned 6%.
Warren Buffett said if he was starting over he would put 90% into a low-cost S&P 500 index fund and the rest in cash. I'm not smarter than Warren Buffett, so that's how I have invested for the last 17 years. The S&P 500 has returned an average of 15.2% during that time period, a rate of return I can live with. This is a set it and forget it approach, with no annual rebalancing needed. Also, since 100% of companies on the S&P 500 list are multinationals (they actually generate 70-80% of their gross revenues outside of the US) there is no need for an "international" fund in any portfolio...the S&P is essentially a "world fund", all by itself.
Typical retail focus on returns alone. Way to conveniently gloss over the fact that investing in an SP500 index fund also means you are NOT managing risk. We'll see how the bragging rights hold up once the market tanks by 50+% like it did back in 2008.
@@FXPhysics - So, what you're saying is, you ARE smarter than Warren Buffett? ;) When the market corrects, like it has done twice since 2008, you just keep investing while it recovers. In the end, only TWO things matter when it comes to investing; DCA and CI - dollar-cost averaging and compound interest. So long as the market goes up, nothing else really matters. Only fools think they are smarter than the market. Is that you?
After he said that I moved my Fidelity Asset Manager fund to Fidelity S&P500 fund(0.01% fee). Now I almost match the market. Buffet is right, if you do not want to own a single growing business, the S&P500 is the way to go.
@@FXPhysics If it does that, I'll put more in. Because 10 years after 2008, it was back to breaking records. And 2008 was a once-in-a-lifetime disaster the recovery from which was grossly mismanaged. We should have bounced back in less than a year. PS: The S&P's annual growth FACTORS IN THE LOSSES YOU MENTIONED. So even AFTER losing 50% that one year, it's still averaging like 13% in modern times, 11% over its entire lifespan.
I’m not going to argue with you especially because the newbiest of newbs can look at the 10 yr average chart of a well performing/outperforming mutual fund and see the it side by side next to the s&p. Maybe wait to comment before you understand the context of the language used by someone you want to immediately disagree with to feel big
@@MikeandleahI asked a very simple and direct question that was seeking factual evidence to back up your claim. If you are right, I’d like to learn why. If you cannot support your statement, then my viewpoint stands. To clarify, I’m not comparing the S&P to one outperforming mutual fund. I’m comparing the S&P to the 4-way blend that George proposed.
The blend as you probably already know, is called diversification and risk mitigation. You can find funds in each that do as good or better than the s&p. And my evidence is that I’ve done the research and I’ve found mutual funds that outperform the s&p in each category, admittedly except for international which I still have yet to do, just like Dave says - I’m not out to prove anything to you. You can do the same research I did and find the same thing and while I understand you asked a question, I answered your question but let’s bring it back to your first comment, before you make smug comments like “so you underperformed the s&p” understand the context first
I recently sold half my tech stock holdings due to all-time highs, leaving me with $400k. Should I invest in ETFs now or wait for a market correction considering potential inflation?
From $37K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.
Reminder that Ramsey is good for debt advice but not investment advice. Do not discount all the studies, SPIVA being the biggest one, that show you are much better off sicking with index funds and staying away from actively managed funds Ramsey likes to push. Fees should be at the top of the list for importance, not the bottom.
I’d love to hear from you! Feel free to reach me with your thoughts, questions, or just to say hi. Looking forward to connecting🤍🤍sᴇɴᴅ🤍🤍ᴍᴇ🤍🤍ᴀ🤍🤍ᴅɪʀᴇᴄᴛ🤍🤍ᴛᴇxᴛ±𝟷𝟸𝟷𝟹𝟹𝟶𝟿𝟷𝟼𝟾𝟼🤍🎉🎉❤❤
In 2024, my bulk fund was S&P 500 which was up 23.39%(plus dividends), but that is only a portion of the portfolio. Dragging the rest along, Home(no growth), personal business(no growth), Cash portion(no growth), bonds(no growth because no sale). the total increase was 18.93% for the year. Not bad when you estimate an average of 6% per year and achieve an average of 11% per year for the past 35 years. It was a great year after a previous great year in 2023. (Just so we are speaking the same values that was 2.75M in growth in 10 years from the 2007 peak.)
Bought $500 worth of shares of that last year and plan to allocate Roth IRA funds towards that to increase total in my Roth. One large capital account I found two years ago & bought many shares of has a gain of $3200+ thanks to its growth & semi annual capital gains they pay.
Exactly, and it has the lowest expense ratio of any of the other S&P 500 Most people don’t realize that because they are in the afternoon by Vanguard and their advertising at Vanguard is the lowest expense ratio company, and that simply is not the case
Biggest lesson i learnt in 2024 in the stock market is that nobody knows what is going to happen next, so practice some humility and low a strategy with a long term edge.
Nobody knows anything; You need to create your own process, manage risk, and stick to the plan, through thick or thin, While also continuously learning from mistakes and improving.
Uncertainty... it took me 5 years to stop trying to predict what’s about to happen in market based on charts studying, cause you never know. not having a mentor cost me 5 years of pain I learn to go we’re the market is wanting to go and keep it simple with discipline.
I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me, Lisa Grace Myer turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.
I'd be interested to see you tell us your tickers on these funds and breakdown how much the ACTIVE mutual funds are charging for expense ratios.... and then how much your SmartVestor Ramsey ADVISOR is charging to recreate the S&P500 plus international. And THEN show us the math on what even 1% does to your portfolio (let alone more if active funds plus advisor fees) over the next 30 years
They have TONS of foreign subsidiaries, and over 50 offices worldwide. You can look it up on their website. Many of these large companies are multi-national. As an accountant/auditor, sometimes it drives me crazy with how big they really are.
I mean, there's only a marginal different between multi-national and international. If you actually wanted a differentiation, you would use foreign or domestic companies. But both Nvidia and ASML are international companies because they operate and do business in more than one country. But ASML is a foreign company, while Nvidia is domestic.
Why are you using growth/aggressive growth and other outdated terms instead of large cap, mid cap and small cap? Most listeners who mostly listen to Dave Ramsey and friends' channels have no idea how to find those funds on common investment platforms because of this.
I'm all in on gold 100%. I have no other investments except my house. Right now, im doing good. Got my money out of the banks many years ago. I'm so happy I have almost nothing to do with anything fiat or pays in fiat including Ira's 401k's stocks, bonds, treasuries etc. I saw this coming. Gold and a lead is all I need
The issue is people have the "I will do it myself mentality" but not equipped for a crash, hence get burnt. Ideally, advisors are reps for investing, and at first-hand encounter, my portfolio has yielded over 300% since covid-outbreak to date, summing up nearly $1m.
congrats! mind sharing details of your advisor please? truly appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor
Melissa Terri Swayne is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
2:53 George is the type of guy who doesn't mind taking advantage of people who smoke for his portfolio to increase but when someone takes advantage of Cashback from CC that accumulates from other CC holders who pay interest even when they don't ever pay interest he has an issue🤦🏾
I’d love to hear from you! Feel free to reach me with your thoughts, questions, or just to say hi. Looking forward to connecting🤍🤍sᴇɴᴅ🤍🤍ᴍᴇ🤍🤍ᴀ🤍🤍ᴅɪʀᴇᴄᴛ🤍🤍ᴛᴇxᴛ±𝟷𝟸𝟷𝟹𝟹𝟶𝟿𝟷𝟼𝟾𝟼🤍🎉🎉❤❤
S&P Index fund - this is the one area of your life where you WANT to be average. We did just fine with 90% of our stock position in S&P, and a small amount in QQQ (technology).
Wow, the way you glossed over expense fees and load fees was terrible. If you're paying a load fee on an investment fund, you're being taken advantage of-there are almost always similar funds available without a load fee. The only control you have over the market is how much you pay in fees. Numerous studies show the compounding impact of higher expense fees on returns over time. I usually agree with your content, but casually ignoring the significance of expense fees is ridiculous.
Why is everyone harping on the expense fees? (Not referring load fees here) Published returns have already taken the management fees into account. If a mutual fund has a published return that is higher than the S&P500, why would anyone care what the fee was? I have no issue with index funds, I just don't understand the hate directed at these fees.
Ever since the post-elections, the market really started being bullish based on evidence. I just sold some property and I have some cash to re-invest quickly, thinking of diversifying my investment on NVIDIA,TSLA,META. Am in so long its tech.
Stocks like Tesla and NVIDIA still have some way up to go. It's always a good idea to go over it with a financial advisor. You might get new insights on how to go about it and that increases your chances of making huge profit.
Knowing today's market culture,the challenge is to recognize when to purchase or sell stocks, which is pretty simple for experts. Through portfolio restructuring and diversification with good ETFs, S&P 500 and growth stocks, I've turned my portfolio around from $180k to over $440k in a year. My advisor chooses entry and exit orders.
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
Elisse Laparche Ewing has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you need an excellent collaboration.
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.
I’d love to hear from you! Feel free to reach me with your thoughts, questions, or just to say hi. Looking forward to connecting🤍🤍sᴇɴᴅ🤍🤍ᴍᴇ🤍🤍ᴀ🤍🤍ᴅɪʀᴇᴄᴛ🤍🤍ᴛᴇxᴛ±𝟷𝟸𝟷𝟹𝟹𝟶𝟿𝟷𝟼𝟾𝟼🤍🎉🎉❤❤
What a bunch of fluff, parroting what Dave Ramsey has said over the years, all just to squeeze in ads for sponsors and Dave's snake oil class to riches. Just tell people to invest in VOO and QQQM and be done with it. Guess you can't sell expensive referrals to investment "pros" that way. Oh, George, can you tell us more about the 4% withdrawal rate though?
This is conflating value/growth with size of company. Google and Facebook are not mid-cap. They are the 5th and 6th largest companies by market cap. Sound like you have large value and large growth as two of your categories, which might as well be large blend... AKA S&P500. This REALLY changes your advice. 50% large cap, 25% extended market, and 25% international is much more balanced than 25% large cap, 25% mid-cap, 25% small cap, and 25% international.
If i were you, I’d avoid anything relating to mutual funds and start dominating TSLA, APPL, NVDA, and SOFI shares. Long-term retention looks good, but I'm also prepared to take advantage of those temporary possibilities to get to that desired $400,000.
Absolutely crucial in the stock market: information, insight, and predictability. As an early investor in NVDA, ANSS, and LRCX, my advisor's guidance was invaluable.
I agree with you. As an early investor in NVDA, AVGO, ANSS, and LRCX, my financial advisor's advice was incredibly helpful. Over the past 7 years, she has helped me find stocks that did 10x multiple times. With her help, I've grown my portfolio to over a million dollars.
@@Jeffcraparo in times like these, it's crucial to be cautious and not rush into the market , Who is this your FA , my portfolio needs urgent attention , been a lot of loss.
My CFA, ANNETTE MARIE HOLT a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
I just looked up this person out of curiosity, and surprisingly she seems really proficient. I thought this was just some overrated BS, I appreciate this.
There is no logic to the idea that: I'm not going to show you the exact fund I invest in, because you MIGHT not have access to it. Ok, but I can still analyze your picks, and potentially learn from that. Feels like this information is being with held unnecessarily.
They withhold that information so you can’t use the actual results to prove them wrong. 94% of actively managed funds underperform the S&P over the long term. I can claim it rained 50 inches at my house yesterday and as long as I don’t tell you where I live it’s hard for you to prove it didn’t.
Exactly A few years ago we found out the fund that Dave Ramsey has which is an American fund in days that he earned 12% over the course 30 years so that’s all finding good except that American funds have the highest expense ratios and if you put that into any Comparison tool, it wasn’t even competitive but they won’t tell you that it’s because of some kickback so I’m sure So the question is well then how can Dave have so much money in it is because they make so much money like anybody else if you put a lot of money into anything you’ll have a lot of money, but that doesn’t solve the average person who has a household income between 50 and $100,000 a year
I have been self managing my portfolio for the past 5 years and also have $1m in assets under management. I have underperformed the past 2 years and this has got me worried, Are there anyways to turn this around or should i sell off?
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 2025.
Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks.
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I used to think it was just about buying stocks, but I didn’t realize there are strategies for managing risk and actually making a profit. Now I feel kinda stuck since I’m not seeing any gains in my portfolio. Do you have any recommendations on what I should consider? I’d really appreciate it!
I totally agree with you. I started out investing on my own too and lost quite a bit. After the 2020 crash, I managed to pull out about $160k. I then invested that money with an analyst, and in just seven months, I made almost $280,000. It's amazing how having the right guidance can turn things around!
I'm cautious about giving specific recommendations since this is an online forum and everyone situation is unique, but I've worked with Aileen Gertrude Tippy for years and highly recommend her. Look her up to see if she meets your criteria.
Thank you so much for the suggestion! I really needed it. I looked her up on Google and explored her website; she has an impressive background in investments. I've sent her an email, and I hope to hear back from her soon!
I’d love to hear from you! Feel free to reach me with your thoughts, questions, or just to say hi. Looking forward to connecting🤍🤍sᴇɴᴅ🤍🤍ᴍᴇ🤍🤍ᴀ🤍🤍ᴅɪʀᴇᴄᴛ🤍🤍ᴛᴇxᴛ±𝟷𝟸𝟷𝟹𝟹𝟶𝟿𝟷𝟼𝟾𝟼🤍
just some thoughts. interesting that for the 'growth and income' portion of the fund, george says it consists of large cap blue chip companies. he listed amazon and netflix as 2 of the 4 examples, but i don't think those 2 companies are typically seen as blue chip, and they're more aligned as growth companies, considering they're relatively new businesses and neither of them pay a dividend. walmart is probably more in line with being a blue chip company. nvidia is an american company btw. george also glossed over the cost and fees of funds. that's a pretty important thing to consider, especially when there are funds with 0.02% ER's and fidelity even has some 0 funds.
Yes, I caught that too and I was wondering if anybody else did so. I’m glad you made this post. In other words, George is just pulling information out of his you know what
@ exactly He has been around Dave for a long time so he has heard different words being said, but George really doesn’t even know what those words mean, but because he is a very likable guy and is rather prismatic and his own right he can get by on that charm with people who really are not in the know
Well I can definitely ignore the rest of this video. I guess I don't need you telling me how to pick a good fund when my ROTH 401k had a 32% return with a 0.04% expenditure rate. Crazy you pay someone to give you financial advice with these lackluster returns lol. Something else to consider, the US economy is THE backbone of the global economy. If the US is doing poorly, so is everyone else but worse. You're wasting time and money sticking any meaningful amount in international funds. Look at the economic data on the global pandemic recovery if you have any doubts on what I'm saying.
You're confusing mutual funds with index funds. Mutual funds and ETFs are both general term, and you can get index funds in both forms. For example, VOO is an ETF of the S&P 500, and VFIAX is a mutual fund of the S&P 500, and both have low fees.
@@funtechu I'm not confusing anything. Mutual funds and ETFs are different and mutual fees often have significantly higher expenses and fees which diminish your returns, especially over time. To your examples above why would you pay even .01 more for VFIAX when you can get the same, but better, with VOO. Exactly.
If it’s so easy to find actively managed funds that consistently beat the S&P over a 20 year period then name them… maybe when Dave is gone they will actually change this outdated advice.
I bet first orders of business when dave leaves will be 1) changing baby step 1 to at least one month of expenses, 2) recommending index funds 3)getting rid of the RIDICULOUS 8% withdrawal rate advice
I Hit $32,590 today. Thank you for all the knowledge and nuggets you had thrown my way over the last week i started with 5k in last week 2024.... now i just hit $32,590❤️. thanks to Katherine Grace Maier for helping me achieve this
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
I'm celebrating £32K stock portfolio today... Started this journey with £3K.... I've invested no time and also with the right terms, now I have time for my family and life ahead of me.
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
So one fund outperformed the spy without counting fees and personal adviser, one did about the same and 2 severally underperformed... Total return around 12% (less than 10 after fees) Now show what do you invest in your hidden account 😂
I just have to applaud your content man, well done. Long term investors know that the market and economy will recover eventually, and investors should be positioned for such a rebound. I gained $180k from bitcoin in 2021 before the market crash and now I'm buying again, adding more at a time. Having a good financial advisor like Kimberly Ann Doran, it will add to your success in the crypto market.
Except it doesn't work. It works in some years, but the amount you lose over your lifetime by having loaded funds versus passive is huge. Other channels have done the analysis of people who are retiring with hundreds of thousands of dollars less by following Dave's strategy versus index funds.
Unless you’re working with someone like Warren Buffett, you should not be in an active mutual fund instead you should be in a passive mutual fund or a passive index fund given that 90% of brokers can’t beat the index.
Georgie boy Georgie boy...... Why so complicated, a very simple way with lower fees is the SnP 500 and pretty much every 401K plan has it. It does NOT get any safer than that and a longer track record specially if you have 10, 15, 20 years. But the beauty of investing is one size doesn't fit all.
I’d love to hear from you! Feel free to reach me with your thoughts, questions, or just to say hi. Looking forward to connecting🤍🤍sᴇɴᴅ🤍🤍ᴍᴇ🤍🤍ᴀ🤍🤍ᴅɪʀᴇᴄᴛ🤍🤍ᴛᴇxᴛ±𝟷𝟸𝟷𝟹𝟹𝟶𝟿𝟷𝟼𝟾𝟼🤍🎉🎉❤❤
I’d love to hear from you! Feel free to reach me with your thoughts, questions, or just to say hi. Looking forward to connecting🤍🤍sᴇɴᴅ🤍🤍ᴍᴇ🤍🤍ᴀ🤍🤍ᴅɪʀᴇᴄᴛ🤍🤍ᴛᴇxᴛ±𝟷𝟸𝟷𝟹𝟹𝟶𝟿𝟷𝟼𝟾𝟼🤍🎉🎉❤❤
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lol not many funds out perform the S&P , your categories certainly do not, international really ? And mid cap? That portfolio would be low. The S &P was up over 23 percent last year alone
Nvidia is an american company and would not be in an international portfolio. Also International markets are too greatly affected by the US economy. International funds have historically not offsetting power to use as a hedge.
I’d love to hear from you! Feel free to reach me with your thoughts, questions, or just to say hi. Looking forward to connecting🤍🤍sᴇɴᴅ🤍🤍ᴍᴇ🤍🤍ᴀ🤍🤍ᴅɪʀᴇᴄᴛ🤍🤍ᴛᴇxᴛ±𝟷𝟸𝟷𝟹𝟹𝟶𝟿𝟷𝟼𝟾𝟼🤍❤❤🎉🎉….
I've just begun learning about value investing, and I've found that many good stocks are undervalued despite their intrinsic value. If you had $200,000 to create a strong investment portfolio, which stocks would you choose for better returns?
I think a good investment portfolio should have three basic things: ETFs for diversification, dividend stocks for cash flow, and leading tech stocks. With your budget, it's a good idea to talk to a fiduciary financial advisor for expert advice.
I agree with you. As an early investor in NVDA, AVGO, ANSS, and LRCX, my financial advisor's advice was incredibly helpful. Over the past 7 years, she has helped me find stocks that did 10x multiple times. With her help, I've grown my portfolio to over a million dollars.
I have worked with a few financial advisors before now but i ultimately settled for 'Annette Marie Holt'. She is SEC regulated and licensed in US. You can easily look her up
I'd love to invest in stocks after listening to a guy on a podcast talk about the importance of investing and how he made over $300k in few months of investing into stocks from $175k initial capital, somehow this video has helped shed light on some things but I'm confused about the current market volatility I'm new to this and I'm open to ideas.
It's difficult to beat the market as an ordinary investor, you don't have access to information that professionals have. So it's just better if you invest with a professional who knows how things work better.
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Jessica Dawn Walters for the last five years or so, and her returns have been pretty much amazing.
I just looked this lady up out of curiosity and found her web page easily. Read through her qualifications, which were all very impressive. So I scheduled a call with her.
Great video George! The market was on a tear in 2024! NVDA is a US domestic company, not international. They're headquartered in California. They'd be lumped in the Growth Fund portfolio along with the Metas and Googles of the world.
Much better to have it all on a low cost ETF of the SP500 which returned over 25% over this same period (more than with these four funds) and lower fees. The SP500 is already exposed to the international market because most of these companies export and import, and have foreign subsidiaries, too.
What you don't talk about is risk-adjusted returns. Anyone could have made crazy returns last year in such a bull market but all that matters is risk-adjusted return / Sharpe ratio.
My accounts went up by 30% while I contribute $1000/month towards 401ks & maxing out Roth IRA. This upcoming year hoping to cross the $200K mark while increasing contributions slowly.
I was a hyper aggressive investor for years until I retired from the Army. 10 years ago I retired and went home with my pension and a $700k portfolio. I basically stopped investing and lived off my pension. I even clipped money from the portfolio to pay for emergencies and some luxuries like vacations. Despite that the portfolio is now worth over $2 million. I’d love to say I was some investing genius but no. I mostly invested in a Vanguard S&P 500 tracking index fund and a few big ticket stocks.
I dont think they'd want to show the down years. He didn't even compare what the S&P 500 index fund did. It did over 23% with nearly zero fees. If he just had his entire portfolio in that, he would've done better after fees. Especially if he had around 25-30% in international and aggressive growth combined.
Poor George. Videos on this subject just continue to prove that Dave Ramsey's weird ignorance on the data against mutual funds (even in an incredible year like 2024) continue to underperform the market after fees, pass through taxes, etc. And George is forced to follow it and produce content on it.
I’d love to hear from you! Feel free to reach me with your thoughts, questions, or just to say hi. Looking forward to connecting🤍🤍sᴇɴᴅ🤍🤍ᴍᴇ🤍🤍ᴀ🤍🤍ᴅɪʀᴇᴄᴛ🤍🤍ᴛᴇxᴛ±𝟷𝟸𝟷𝟹𝟹𝟶𝟿𝟷𝟼𝟾𝟼🤍❤❤🎉🎉
I was 50/50 on the C (S&P) and S (Total Stock Market) Funds in my TSP last year. The fact that i missed out on 3.7% because I wasn't all in on the S&P pissed me off, so now I'm 100% C Fund. If it ain't broke, don't fix it. 25% return in one year is crazy.
I’d love to hear from you! Feel free to reach me with your thoughts, questions, or just to say hi. Looking forward to connecting🤍🤍sᴇɴᴅ🤍🤍ᴍᴇ🤍🤍ᴀ🤍🤍ᴅɪʀᴇᴄᴛ🤍🤍ᴛᴇxᴛ±𝟷𝟸𝟷𝟹𝟹𝟶𝟿𝟷𝟼𝟾𝟼🤍❤❤🎉🎉
Well now I have to brag. I have one fund in my tax deferred account. That fund returned 36.05% for 2024. I let my major investment company fund manager choose, lol. My ira is through another large investment company. One fund returned 42.68% and the other 45.78%.
@@rebeltheharem7028 I researched a little further. The first one is correct per yahoo finance. The 2nd and 3rd are only 28,23 and 35.09. From yahoo finance. The higher percetages I took from paperwork the company sent. I can’t explain the discrepancy lol. It still very good but I was extremely impressed until just now,lol.
Direct stock ownership all the way. When you buy a mutual fund, you’re handing company voting rights to the fund manager unless there is passthrough voting (which is rare). A portion of control (voting) is a major reason to own something.
George when you say you balance your money across those four types of funds do you mean you put 25% of your money into each category? Or are the categories weighed differently depending on historical returns?
I was suckered into the “diversification” lie when I was George’s age. Diversification is how financial advisors pacify you into believing you’re doing the right thing by accepting low returns. The lie is that somehow these portfolios will lose less during downturns and that’s better long term. Even sounds more ridiculous as I just typed it. I had 100% of my 401k in a single large cap growth fund and I made 38% the past year. And I don’t even have that many choices. Maybe 12 stock funds altogether in my 401k. The only thing worse are these blended or target funds that mix in bonds.
"Don't just invest in something because Dave Ramsey told you to." Also, don't NOT invest in something because Dave Ramsey told you not to. Do your own homework and invest in what you believe is right for your specific situation. My gold did better last year than your best performing investment did. It makes for a phenomenal high yielding savings account...with ZERO counter party risk. Yes, I also have broad market ETF's in my IRA so I'm well diversified.
Do I invest my company match of 5% into traditional 401k then the other 10 percent into the roth 401k or do i put the other 10 percent into my personal roth ira?
I’d love to hear from you! Feel free to reach me with your thoughts, questions, or just to say hi. Looking forward to connecting🤍🤍sᴇɴᴅ🤍🤍ᴍᴇ🤍🤍ᴀ🤍🤍ᴅɪʀᴇᴄᴛ🤍🤍ᴛᴇxᴛ±𝟷𝟸𝟷𝟹𝟹𝟶𝟿𝟷𝟼𝟾𝟼🤍❤❤🎉🎉
Index Mutual Funds fit in with what George is saying, the fees are low, you get invested in S&P 500, and generally outperform those who pick single stocks.
I’d love to hear from you! Feel free to reach me with your thoughts, questions, or just to say hi. Looking forward to connecting🤍🤍sᴇɴᴅ🤍🤍ᴍᴇ🤍🤍ᴀ🤍🤍ᴅɪʀᴇᴄᴛ🤍🤍ᴛᴇxᴛ±𝟷𝟸𝟷𝟹𝟹𝟶𝟿𝟷𝟼𝟾𝟼🤍❤❤🎉🎉
I’d love to hear from you! Feel free to reach me with your thoughts, questions, or just to say hi. Looking forward to connecting🤍🤍sᴇɴᴅ🤍🤍ᴍᴇ🤍🤍ᴀ🤍🤍ᴅɪʀᴇᴄᴛ🤍🤍ᴛᴇxᴛ±𝟷𝟸𝟷𝟹𝟹𝟶𝟿𝟷𝟼𝟾𝟼🤍🎉🎉❤❤
Imagine this: you’re sipping coffee on a balcony overlooking a city skyline or lounging on a pristine beach, all while your investments are working their magic. With copytrading, you can finally pursue your passions, travel the world, and create unforgettable memories with your loved ones. It’s all thanks to the power of copytrading and the life you’ve always dreamed of!
Celebrating a $600k stock portfolio today. Started with $60k. Invested wisely and now have time for my family and future. One of the benefits of copy trading.
Can't share much here, I take guidance from ‘Sophia E Haney’ a renowned figure in her industry with over two decades of work experience. I'd suggest you research her further on the web.
I follow most of the principles set out in this video. The only part where I take a different approach is in regards to active and passive funds. I'd rather go with a passive fund due to the lower fees, rather than an actively managed fund with higher fees.
I’d love to hear from you! Feel free to reach me with your thoughts, questions, or just to say hi. Looking forward to connecting🤍🤍sᴇɴᴅ🤍🤍ᴍᴇ🤍🤍ᴀ🤍🤍ᴅɪʀᴇᴄᴛ🤍🤍ᴛᴇxᴛ±𝟷𝟸𝟷𝟹𝟹𝟶𝟿𝟷𝟼𝟾𝟼🤍❤❤🎉🎉
3:46 currency risk is important to understand for international funds. Your return will be better or worse depending on how strong the US dollar is. Bonds are involved. To complicated to explain in this comment.
I’d love to hear from you! Feel free to reach me with your thoughts, questions, or just to say hi. Looking forward to connecting🤍🤍sᴇɴᴅ🤍🤍ᴍᴇ🤍🤍ᴀ🤍🤍ᴅɪʀᴇᴄᴛ🤍🤍ᴛᴇxᴛ±𝟷𝟸𝟷𝟹𝟹𝟶𝟿𝟷𝟼𝟾𝟼🤍❤❤🎉🎉….
You can try going to HR, but they won’t do anything because they go with the lowest cost provider because that provider provides some kickbacks also How do I know because I’ve worked for a number of different hospitals over the years and I have tried that and I know my stuff pretty good but nothing ever changed because they really don’t care about their employees. I know that’s terrible to say, but looking back on it as I am now retired I really truly believe that.
"mutual funds that are actively managed will have higher expenses than those that are passively managed, that's not necessarily a bad thing" yes it is a bad thing lol, what good is beating the s&p if you're gonna lose all of that difference to fees? multiple studies have shown that actively managed mutual funds CAN consistently beat the s&p in performance BUT almost all actually fall short of the s&p when fees are included. I'd rather just invest in index funds and lock in a completely average return instead of adding the risk of under performing just to get the slight chance to over perform
The last time he countered his overlord, he was slapped on air. The only reason he’s saying it this way is because his overlord says it this way truthfully I’d like to see if his actual portfolio reflects what Ramsey says or what he knows the actual truth is based on all the different studies. Let’s go back to when he was talking about the 4% rule And he got smacked down by Ramsey.
Ramsey is sponsored by American Funds. I watched him try to convince someone that front load fees were a good thing. It was wild.
George is too smart to actually be putting money into actively managed mutual funds. He doesn't eat his own cooking. Studies have shown that actively managed funds have outperformed the s&p but can't do it consistently and when they do outperformed, the fees eat away the outperformance. So it's just best to invest in index funds that are passively managed, period. The fees ARE a big deal, George, this video is a disappointment and too vague to serve of any value. People should really be watching the Money Guy show for actual advice, not this
JGGI is that considered a mutual? It is good though and its actively managed. I think it also does better than SCHD but SCHD has much lower fees and its been around much longer too
I think the company he works for have active funds managers which takes % fees (fiduciaries I mean). Thats their model.
I love everything about Ramsey except this 4 mutual fund bullshit they hang onto. Buy VOO or VTI, reinvest dividends, keep adding consistently and never sell it.
You like not investing and giving up the match if you have student loan debt??
My employer matched 6% when I had $90k in student loans at 2.25% interest. No way, Dave!!
I agree man! I’m a die hard Ramsey supporter and will go to war for him because he changed my family tree. But on investing, it’s so dishonest and my parents are losing out on so much money because they choose Dave’s 4 ways over just doing VOO and SCHD.
Also bonds ill never buy bonds
I have a question. I have fxaix mutual fund and not voo but the expense ratio is lower. Am I missing other fees and should switch to voo?
@@jaredhall6649 no just keep in mind, VOO is more tax efficient. They both have very similar returns. So it’s really up to you. I’m NOT a financial advisor. So take this with a grain of salt. I could be wrong.
where are the "actual numbers" promised in the title?
Actual numbers = actual click bait. And no, your networth does not explode once it reaches 100k
Assets that can make one successful in life
I. Forex
2.Stocks
3.Shares
forex is profitable and lucrative investment online
@@MAS_M2You are right.
But I don't know why people remain poor due to ignorance
I love how you quickly glance over the fees issue....no that's a HUGE issue.
Compounds to be a few 100,000$ more over 30-45 years if the fees 1-2% vs a .2-.4 index fund. If they make close to the same return.
Which is why I opt towards self managed accounts. They must get some kind of kickback from the "Ramsey Trusted Advisors" because the math around the losses from higher expense ratios is legitimate...
Ha! If you avoid all fees you’ll likely miss out on some great performance! For reference stay
@@slycubegameronly a fraction of managed funds outpace the market over a long period of time
@@josephstupar3372 If they make close to the same return, then they make close to the same return. Who cares what the fees are? The returns are published after fees are taken into account. There is zero difference between an actively managed fund that earned 15% if the S&P500 index funds also earned 15%. I have no issue with index funds. I just don't understand the hate toward these fees. I wouldn't mind paying an actively managed fund fee of 50% if the annual return (after fees) is a few percentage points higher than the S&P.
All that "diversification" and complication for his 401k to under perform the market by almost 8% and pay mutual fund fees... Just buy low cost or free index funds y'all it's almost impossible to actually beat the market over time.
@@bolts59422 exactly
@@bolts59422 false. Just because the s&p did great 1 year doesn’t mean the average over the long term is better. There are mutual funds that that beat the s&p in the long term
Financial advisors push “diversification” to justify their existence while making you thankful for your low returns.
Do not choose an actively managed fund. Index funds have by a 90% and higher track record never been out performed. Plus actively managed funds require addition fees...this is why Ramsey solutions directs people to edorsed local providers because they are getting their cut. Just do index funds.
For Muslims that's really the only option sadly. Most index funds are not sharia compliant. Ik the Ramsey audience is Christians but I am a Muslim and watch their videos.
S&P 500 index funds all the way. Picking active mutual funds doesn’t work over the long term. The SPIVA report shows this every year. Index funds have a much lower expense ratio and have are no commission. In my opinion, there’s no need for an international fund, index or otherwise. It’s because about 30% of the S&P 500’s total revenue ALREADY comes from international sources. There’s your international exposure right there. Most of the time with our connected world, if the US stock market does well, the world stock market also does well.
8:16 very much agree with us, but one thing I will say is that the S&P 500 doesn’t have exposures to some large international companies, I typically invest 90% in domestic equities in a passive index fund and then have an international passive index fund that excludes US companies. This gives me around 5 to 10% of extra international exposure, both directly and indirectly.
fully agree on index vs. mutual funds, but you gotta hold some international. your idea for no international is still a bet, the same kind of bet youd be making if you were betting on a fund manager to beat the s&p. if something causes the U.S. to get a sharp decrease in international revenue (say, i dunno, a large amount of tariffs...) then this goes completely out the window. To minimize UNCOMPENSATED risk (that is, minimizes any risk that don't increase potential returns) you want to hold a total U.S. stock market fund (s&p is an ok approximation of this) and a total foreign market fund, both weighted to their respective market caps (iirc its like 65-35)
@@drfeelgoodphd1485international sucks
@@drfeelgoodphd1485 I highly doubt tariffs will be instituted on a large scale. They are used during negotiation to make other countries do what we want them to. I don't want a drag on my yearly returns in most years, just to outperform the US returns on rare occasion. I also want to avoid the currency exchange risk when holding foreign funds.
So, those 4 mutual fund categories returned 17.24%, well below the market average for 2024, and way more expensive. An S&P500 index fund with an expense ratio of 0.015% would have returned almost 25%.
@@todd2456 exactly, don’t following investment advise from Dave or team.
Yup. But they don’t get kick backs from the funds, if they don’t pitch mutual funds as great investments.
That is not quite a fair comparison. He is more diversified than that to mitigate risk. The portion of his portfolio that compares is the Large cap and the return was up around 28% thereby beating comparable S&P (fundamentally large cap) index funds.
@ this has been proven false by two other RUclipsrs. If you pick the 4 classes they recommend when you compare to just the S&P they loose. Even when you pick the best performing in those classes. You don’t have to diversify in 4 groups. As they point out the market always comes back. Why diversify?
Except we do not know if all 4 categories were in invested equally. If he had 80,000 in the funds that grew 28%, and 15,000 in the 25% funds, and only 5,000 in the international fund, then most of his portfolio grew at a rate of at least 25%. He only lost out on a tiny bit of money in the interational stocks that only returned 6%.
Warren Buffett said if he was starting over he would put 90% into a low-cost S&P 500 index fund and the rest in cash. I'm not smarter than Warren Buffett, so that's how I have invested for the last 17 years. The S&P 500 has returned an average of 15.2% during that time period, a rate of return I can live with. This is a set it and forget it approach, with no annual rebalancing needed. Also, since 100% of companies on the S&P 500 list are multinationals (they actually generate 70-80% of their gross revenues outside of the US) there is no need for an "international" fund in any portfolio...the S&P is essentially a "world fund", all by itself.
The S& P are the top 500 American companies. By multinational I am assuming you mean they do business around the globe.
Typical retail focus on returns alone. Way to conveniently gloss over the fact that investing in an SP500 index fund also means you are NOT managing risk. We'll see how the bragging rights hold up once the market tanks by 50+% like it did back in 2008.
@@FXPhysics - So, what you're saying is, you ARE smarter than Warren Buffett? ;) When the market corrects, like it has done twice since 2008, you just keep investing while it recovers. In the end, only TWO things matter when it comes to investing; DCA and CI - dollar-cost averaging and compound interest. So long as the market goes up, nothing else really matters. Only fools think they are smarter than the market. Is that you?
After he said that I moved my Fidelity Asset Manager fund to Fidelity S&P500 fund(0.01% fee). Now I almost match the market. Buffet is right, if you do not want to own a single growing business, the S&P500 is the way to go.
@@FXPhysics If it does that, I'll put more in. Because 10 years after 2008, it was back to breaking records. And 2008 was a once-in-a-lifetime disaster the recovery from which was grossly mismanaged. We should have bounced back in less than a year.
PS: The S&P's annual growth FACTORS IN THE LOSSES YOU MENTIONED. So even AFTER losing 50% that one year, it's still averaging like 13% in modern times, 11% over its entire lifespan.
So you underperformed the S&P severely?
It may have underperformed for 2024 but not in the long term
@@Mikeandleahwhat historical data do you have to back that up? That the blend he is proposing will outperform a low/zero cost, passive S&P 500 fund?
I’m not going to argue with you especially because the newbiest of newbs can look at the 10 yr average chart of a well performing/outperforming mutual fund and see the it side by side next to the s&p. Maybe wait to comment before you understand the context of the language used by someone you want to immediately disagree with to feel big
@@MikeandleahI asked a very simple and direct question that was seeking factual evidence to back up your claim. If you are right, I’d like to learn why. If you cannot support your statement, then my viewpoint stands.
To clarify, I’m not comparing the S&P to one outperforming mutual fund. I’m comparing the S&P to the 4-way blend that George proposed.
The blend as you probably already know, is called diversification and risk mitigation. You can find funds in each that do as good or better than the s&p. And my evidence is that I’ve done the research and I’ve found mutual funds that outperform the s&p in each category, admittedly except for international which I still have yet to do, just like Dave says - I’m not out to prove anything to you. You can do the same research I did and find the same thing and while I understand you asked a question, I answered your question but let’s bring it back to your first comment, before you make smug comments like “so you underperformed the s&p” understand the context first
Don't work for money; make money work for you. Invest wisely today to create the freedom you desire tomorrow.....
Many new tra-ders face challenges without proper guidance. I found success by learning from James Clark's expertise.
@@TravelingwithKristin1That's precisely why I trust and value the guidance of Mr. J. Clark in all my endeavors.
I recently sold half my tech stock holdings due to all-time highs, leaving me with $400k. Should I invest in ETFs now or wait for a market correction considering potential inflation?
Celebrating a $30k stock portfolio today from a $6k start. Investing wisely has given me time for family and future plans.
From $37K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.
Reminder that Ramsey is good for debt advice but not investment advice. Do not discount all the studies, SPIVA being the biggest one, that show you are much better off sicking with index funds and staying away from actively managed funds Ramsey likes to push. Fees should be at the top of the list for importance, not the bottom.
I’d love to hear from you! Feel free to reach me with your thoughts, questions, or just to say hi. Looking forward to connecting🤍🤍sᴇɴᴅ🤍🤍ᴍᴇ🤍🤍ᴀ🤍🤍ᴅɪʀᴇᴄᴛ🤍🤍ᴛᴇxᴛ±𝟷𝟸𝟷𝟹𝟹𝟶𝟿𝟷𝟼𝟾𝟼🤍🎉🎉❤❤
In 2024, my bulk fund was S&P 500 which was up 23.39%(plus dividends), but that is only a portion of the portfolio. Dragging the rest along, Home(no growth), personal business(no growth), Cash portion(no growth), bonds(no growth because no sale). the total increase was 18.93% for the year. Not bad when you estimate an average of 6% per year and achieve an average of 11% per year for the past 35 years. It was a great year after a previous great year in 2023. (Just so we are speaking the same values that was 2.75M in growth in 10 years from the 2007 peak.)
I really like the fxaix fund from fidelity
Bought $500 worth of shares of that last year and plan to allocate Roth IRA funds towards that to increase total in my Roth. One large capital account I found two years ago & bought many shares of has a gain of $3200+ thanks to its growth & semi annual capital gains they pay.
Exactly, and it has the lowest expense ratio of any of the other S&P 500
Most people don’t realize that because they are in the afternoon by Vanguard and their advertising at Vanguard is the lowest expense ratio company, and that simply is not the case
Biggest lesson i learnt in 2024 in the stock market is that nobody knows what is going to happen next, so practice some humility and low a strategy with a long term edge.
Nobody knows anything; You need to create your own process, manage risk, and stick to the plan, through thick or thin, While also continuously learning from mistakes and improving.
Uncertainty... it took me 5 years to stop trying to predict what’s about to happen in market based on charts studying, cause you never know. not having a mentor cost me 5 years of pain I learn to go we’re the market is wanting to go and keep it simple with discipline.
Could you kindly elaborate on the advisor's background and qualifications?
I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me, Lisa Grace Myer turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.
Thank you. I will search on her site online and do my due diligence. If She seem proficient. I write her an email and scheduled a phone call.
I'd be interested to see you tell us your tickers on these funds and breakdown how much the ACTIVE mutual funds are charging for expense ratios.... and then how much your SmartVestor Ramsey ADVISOR is charging to recreate the S&P500 plus international.
And THEN show us the math on what even 1% does to your portfolio (let alone more if active funds plus advisor fees) over the next 30 years
Nvidia is not an international company, they're based out of California. Did you mean something like ASML?
They have TONS of foreign subsidiaries, and over 50 offices worldwide. You can look it up on their website. Many of these large companies are multi-national. As an accountant/auditor, sometimes it drives me crazy with how big they really are.
NVDA is not an international company. This guy simply isn’t very knowledgeable of individual companies. NFLX is also not a growth and income company.
I mean, there's only a marginal different between multi-national and international. If you actually wanted a differentiation, you would use foreign or domestic companies.
But both Nvidia and ASML are international companies because they operate and do business in more than one country.
But ASML is a foreign company, while Nvidia is domestic.
NVDA is international and Phillip Morris is a growth stock! lol
You guys should use large cap, mid cap, and small cap funds and then international. Your terms, while correct, aren't exactly easy to understand..
Nvidia is an American company.
Why are you using growth/aggressive growth and other outdated terms instead of large cap, mid cap and small cap? Most listeners who mostly listen to Dave Ramsey and friends' channels have no idea how to find those funds on common investment platforms because of this.
Exactly I’m so glad that you mentioned that you’re 100% right
I'm all in on gold 100%. I have no other investments except my house. Right now, im doing good. Got my money out of the banks many years ago. I'm so happy I have almost nothing to do with anything fiat or pays in fiat including Ira's 401k's stocks, bonds, treasuries etc. I saw this coming. Gold and a lead is all I need
gold to me is an inflation hedge for long term, but not quite profitable in the short run. luckily some find solutions in financial advisors
The issue is people have the "I will do it myself mentality" but not equipped for a crash, hence get burnt. Ideally, advisors are reps for investing, and at first-hand encounter, my portfolio has yielded over 300% since covid-outbreak to date, summing up nearly $1m.
congrats! mind sharing details of your advisor please? truly appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor
Melissa Terri Swayne is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
Thanks a lot for the recommendation. saw her site on google, I'll send her an email and I hope I'm able to connect with her.
2:53 George is the type of guy who doesn't mind taking advantage of people who smoke for his portfolio to increase but when someone takes advantage of Cashback from CC that accumulates from other CC holders who pay interest even when they don't ever pay interest he has an issue🤦🏾
I’d love to hear from you! Feel free to reach me with your thoughts, questions, or just to say hi. Looking forward to connecting🤍🤍sᴇɴᴅ🤍🤍ᴍᴇ🤍🤍ᴀ🤍🤍ᴅɪʀᴇᴄᴛ🤍🤍ᴛᴇxᴛ±𝟷𝟸𝟷𝟹𝟹𝟶𝟿𝟷𝟼𝟾𝟼🤍🎉🎉❤❤
Selective😂
He's not the mutual fund manager, dingbat. Make a mutual fund that's "S&P minus tobacco" then.
That's hypocrisy. Stay true to principles whether its a gain or a loss.
@ yup
If you don’t invest in index funds, you are paying huge management fees. No, thanks.
S&P Index fund - this is the one area of your life where you WANT to be average. We did just fine with 90% of our stock position in S&P, and a small amount in QQQ (technology).
I love that he says the S&P is average
Ikr... I guess cherry picking the top 500 companies in the us economy is "aVerAge"
Wow, the way you glossed over expense fees and load fees was terrible. If you're paying a load fee on an investment fund, you're being taken advantage of-there are almost always similar funds available without a load fee. The only control you have over the market is how much you pay in fees. Numerous studies show the compounding impact of higher expense fees on returns over time. I usually agree with your content, but casually ignoring the significance of expense fees is ridiculous.
Why is everyone harping on the expense fees? (Not referring load fees here) Published returns have already taken the management fees into account. If a mutual fund has a published return that is higher than the S&P500, why would anyone care what the fee was? I have no issue with index funds, I just don't understand the hate directed at these fees.
Ever since the post-elections, the market really started being bullish based on evidence. I just sold some property and I have some cash to re-invest quickly, thinking of diversifying my investment on NVIDIA,TSLA,META. Am in so long its tech.
Stocks like Tesla and NVIDIA still have some way up to go. It's always a good idea to go over it with a financial advisor. You might get new insights on how to go about it and that increases your chances of making huge profit.
Knowing today's market culture,the challenge is to recognize when to purchase or sell stocks, which is pretty simple for experts. Through portfolio restructuring and diversification with good ETFs, S&P 500 and growth stocks, I've turned my portfolio around from $180k to over $440k in a year. My advisor chooses entry and exit orders.
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
Elisse Laparche Ewing has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you need an excellent collaboration.
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.
My favorite portfolio is 30% VTI, 30% QQQM, 40% SCHD. Set it and forget it!
The 4 categories of the funds are from the 80s-90s. They aren't used by the industry any more. Stop being Dave and learn more.
I’d love to hear from you! Feel free to reach me with your thoughts, questions, or just to say hi. Looking forward to connecting🤍🤍sᴇɴᴅ🤍🤍ᴍᴇ🤍🤍ᴀ🤍🤍ᴅɪʀᴇᴄᴛ🤍🤍ᴛᴇxᴛ±𝟷𝟸𝟷𝟹𝟹𝟶𝟿𝟷𝟼𝟾𝟼🤍🎉🎉❤❤
What a bunch of fluff, parroting what Dave Ramsey has said over the years, all just to squeeze in ads for sponsors and Dave's snake oil class to riches. Just tell people to invest in VOO and QQQM and be done with it. Guess you can't sell expensive referrals to investment "pros" that way. Oh, George, can you tell us more about the 4% withdrawal rate though?
This is conflating value/growth with size of company. Google and Facebook are not mid-cap. They are the 5th and 6th largest companies by market cap.
Sound like you have large value and large growth as two of your categories, which might as well be large blend... AKA S&P500.
This REALLY changes your advice. 50% large cap, 25% extended market, and 25% international is much more balanced than 25% large cap, 25% mid-cap, 25% small cap, and 25% international.
George: Here are my actual numbers !!
Also George: *Doesn't show anything remotely specific to balances or returns
If i were you, I’d avoid anything relating to mutual funds and start dominating TSLA, APPL, NVDA, and SOFI shares. Long-term retention looks good, but I'm also prepared to take advantage of those temporary possibilities to get to that desired $400,000.
Absolutely crucial in the stock market: information, insight, and predictability. As an early investor in NVDA, ANSS, and LRCX, my advisor's guidance was invaluable.
I agree with you. As an early investor in NVDA, AVGO, ANSS, and LRCX, my financial advisor's advice was incredibly helpful. Over the past 7 years, she has helped me find stocks that did 10x multiple times. With her help, I've grown my portfolio to over a million dollars.
@@Jeffcraparo in times like these, it's crucial to be cautious and not rush into the market , Who is this your FA , my portfolio needs urgent attention , been a lot of loss.
My CFA, ANNETTE MARIE HOLT a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
I just looked up this person out of curiosity, and surprisingly she seems really proficient. I thought this was just some overrated BS, I appreciate this.
There is no logic to the idea that: I'm not going to show you the exact fund I invest in, because you MIGHT not have access to it. Ok, but I can still analyze your picks, and potentially learn from that. Feels like this information is being with held unnecessarily.
Agree 100%! I don’t understand the Ramsey thesis here! Just give actual examples of funds or at least similar funds that you are recommending!
They withhold that information so you can’t use the actual results to prove them wrong. 94% of actively managed funds underperform the S&P over the long term. I can claim it rained 50 inches at my house yesterday and as long as I don’t tell you where I live it’s hard for you to prove it didn’t.
He learned from Dave,he also does the same,never says which funds
@ I’ve noticed that!
Exactly
A few years ago we found out the fund that Dave Ramsey has which is an American fund in days that he earned 12% over the course 30 years so that’s all finding good except that American funds have the highest expense ratios and if you put that into any Comparison tool, it wasn’t even competitive but they won’t tell you that it’s because of some kickback so I’m sure
So the question is well then how can Dave have so much money in it is because they make so much money like anybody else if you put a lot of money into anything you’ll have a lot of money, but that doesn’t solve the average person who has a household income between 50 and $100,000 a year
I have been self managing my portfolio for the past 5 years and also have $1m in assets under management. I have underperformed the past 2 years and this has got me worried, Are there anyways to turn this around or should i sell off?
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 2025.
Being heavily liquid, I'd rather not reinvent the wheel. Since this strategy works for you, how can I contact your advisor?
Lauren Christine Campbell is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.
Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks.
I’d love to hear from you! Feel free to reach me with your thoughts, questions, or just to say hi. Looking forward to connecting🤍🤍sᴇɴᴅ🤍🤍ᴍᴇ🤍🤍ᴀ🤍🤍ᴅɪʀᴇᴄᴛ🤍🤍ᴛᴇxᴛ±𝟷𝟸𝟷𝟹𝟹𝟶𝟿𝟷𝟼𝟾𝟼🤍❤❤🎉🎉
I used to think it was just about buying stocks, but I didn’t realize there are strategies for managing risk and actually making a profit. Now I feel kinda stuck since I’m not seeing any gains in my portfolio. Do you have any recommendations on what I should consider? I’d really appreciate it!
The importance of mitigating risks might be why many investors are turning to advisors for guidance.
I totally agree with you. I started out investing on my own too and lost quite a bit. After the 2020 crash, I managed to pull out about $160k. I then invested that money with an analyst, and in just seven months, I made almost $280,000. It's amazing how having the right guidance can turn things around!
This is incredible. Could you recommend who you work with? I really could use some help at this moment.
I'm cautious about giving specific recommendations since this is an online forum and everyone situation is unique, but I've worked with Aileen Gertrude Tippy for years and highly recommend her. Look her up to see if she meets your criteria.
Thank you so much for the suggestion! I really needed it. I looked her up on Google and explored her website; she has an impressive background in investments. I've sent her an email, and I hope to hear back from her soon!
My investments also did well in 2024. But man, are they taking a HUGE hit in 2025, and its only been 9 days.
1% is not a huge hit.
9 days doesn’t make 1 year.
I’m shocked they are leaving the comments on. lol.
I’d love to hear from you! Feel free to reach me with your thoughts, questions, or just to say hi. Looking forward to connecting🤍🤍sᴇɴᴅ🤍🤍ᴍᴇ🤍🤍ᴀ🤍🤍ᴅɪʀᴇᴄᴛ🤍🤍ᴛᴇxᴛ±𝟷𝟸𝟷𝟹𝟹𝟶𝟿𝟷𝟼𝟾𝟼🤍
just some thoughts.
interesting that for the 'growth and income' portion of the fund, george says it consists of large cap blue chip companies. he listed amazon and netflix as 2 of the 4 examples, but i don't think those 2 companies are typically seen as blue chip, and they're more aligned as growth companies, considering they're relatively new businesses and neither of them pay a dividend. walmart is probably more in line with being a blue chip company.
nvidia is an american company btw.
george also glossed over the cost and fees of funds. that's a pretty important thing to consider, especially when there are funds with 0.02% ER's and fidelity even has some 0 funds.
Yes, I caught that too and I was wondering if anybody else did so. I’m glad you made this post.
In other words, George is just pulling information out of his you know what
George appears to sound like he knows what he’s talking about but doesn’t actually know what he’s talking about
@ exactly
He has been around Dave for a long time so he has heard different words being said, but George really doesn’t even know what those words mean, but because he is a very likable guy and is rather prismatic and his own right he can get by on that charm with people who really are not in the know
Well I can definitely ignore the rest of this video. I guess I don't need you telling me how to pick a good fund when my ROTH 401k had a 32% return with a 0.04% expenditure rate. Crazy you pay someone to give you financial advice with these lackluster returns lol.
Something else to consider, the US economy is THE backbone of the global economy. If the US is doing poorly, so is everyone else but worse. You're wasting time and money sticking any meaningful amount in international funds. Look at the economic data on the global pandemic recovery if you have any doubts on what I'm saying.
I got 28% last year using global index funds, no platform fee, no advisor fee and no tax.
Now share those fees on those mutual funds. Etfs>mutual funds
You're confusing mutual funds with index funds. Mutual funds and ETFs are both general term, and you can get index funds in both forms. For example, VOO is an ETF of the S&P 500, and VFIAX is a mutual fund of the S&P 500, and both have low fees.
@@funtechu I'm not confusing anything. Mutual funds and ETFs are different and mutual fees often have significantly higher expenses and fees which diminish your returns, especially over time. To your examples above why would you pay even .01 more for VFIAX when you can get the same, but better, with VOO. Exactly.
If it’s so easy to find actively managed funds that consistently beat the S&P over a 20 year period then name them… maybe when Dave is gone they will actually change this outdated advice.
I bet first orders of business when dave leaves will be 1) changing baby step 1 to at least one month of expenses,
2) recommending index funds
3)getting rid of the RIDICULOUS 8% withdrawal rate advice
Nvidia is a US company. While it does business overseas, so do most S&P 500 companies.
I Hit $32,590 today. Thank you for all the knowledge and nuggets you had thrown my way over the last week i started with 5k in last week 2024.... now i just hit $32,590❤️. thanks to Katherine Grace Maier for helping me achieve this
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
The very first time we tried, we invested $2000 and after a week, we received $9500. That really helped us a lot to pay up our bills.
I'm celebrating £32K stock portfolio today... Started this journey with £3K.... I've invested no time and also with the right terms, now I have time for my family and life ahead of me.
I'm new at this, please how can I reach her?
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
So one fund outperformed the spy without counting fees and personal adviser, one did about the same and 2 severally underperformed...
Total return around 12% (less than 10 after fees)
Now show what do you invest in your hidden account 😂
I just have to applaud your content man, well done. Long term investors know that the market and economy will recover eventually, and investors should be positioned for such a rebound. I gained $180k from bitcoin in 2021 before the market crash and now I'm buying again, adding more at a time. Having a good financial advisor like Kimberly Ann Doran, it will add to your success in the crypto market.
she's mostly on Instagrams, using the user name
@Fxdoran6 ..that's it .
Please tell her that I reffed you 👍
She’ll guide you💯
"Don't just invest in something because Dave Ramsey told you to" - George Kamel, whose portfolio 100% matches Dave Ramsey 😂😂
When it works it works. Did LeBron copy koby?
And your point is?
@DankZank By working you mean underperforming index funds?
Except it doesn't work. It works in some years, but the amount you lose over your lifetime by having loaded funds versus passive is huge. Other channels have done the analysis of people who are retiring with hundreds of thousands of dollars less by following Dave's strategy versus index funds.
@ What about the millions that made it doing Dave's strategy? Seems like it works to me
So if he had just invested in the S&P 500 he would have done way better, thank you Warren Buffet
Unless you’re working with someone like Warren Buffett, you should not be in an active mutual fund instead you should be in a passive mutual fund or a passive index fund given that 90% of brokers can’t beat the index.
The Ramsey network, particularly Dave, need to stop giving out investing advice. Somebody should put a stop to this madness already.
Georgie boy Georgie boy...... Why so complicated, a very simple way with lower fees is the SnP 500 and pretty much every 401K plan has it. It does NOT get any safer than that and a longer track record specially if you have 10, 15, 20 years. But the beauty of investing is one size doesn't fit all.
I’d love to hear from you! Feel free to reach me with your thoughts, questions, or just to say hi. Looking forward to connecting🤍🤍sᴇɴᴅ🤍🤍ᴍᴇ🤍🤍ᴀ🤍🤍ᴅɪʀᴇᴄᴛ🤍🤍ᴛᴇxᴛ±𝟷𝟸𝟷𝟹𝟹𝟶𝟿𝟷𝟼𝟾𝟼🤍🎉🎉❤❤
I wish these guys would actually name the specific funds they put their money in for once.
I’d love to hear from you! Feel free to reach me with your thoughts, questions, or just to say hi. Looking forward to connecting🤍🤍sᴇɴᴅ🤍🤍ᴍᴇ🤍🤍ᴀ🤍🤍ᴅɪʀᴇᴄᴛ🤍🤍ᴛᴇxᴛ±𝟷𝟸𝟷𝟹𝟹𝟶𝟿𝟷𝟼𝟾𝟼🤍🎉🎉❤❤
FCC rules
The meeting with the financial advisor shows two dudes and when it pans the computer; the nails!!!
You giving away the plot of every hallmark movie ever was absolute gold! 😂
I've been in a Vanguard Index Fund (follows S&P 500) for the last 7 years. Averaged 14.4% annually. Getting close to half a million in the account.
Those 4 large cap companies you mentioned (Microsoft, Amazon, Apple, Netflix) are not Large Cap Value. They are Large Cap Growth companies.
I’d love to hear from you! Feel free to reach me with your thoughts, questions, or just to say hi. Looking forward to connecting🤍🤍sᴇɴᴅ🤍🤍ᴍᴇ🤍🤍ᴀ🤍🤍ᴅɪʀᴇᴄᴛ🤍🤍ᴛᴇxᴛ±𝟷𝟸𝟷𝟹𝟹𝟶𝟿𝟷𝟼𝟾𝟼🤍🎉🎉❤❤
lol not many funds out perform the S&P , your categories certainly do not, international really ? And mid cap? That portfolio would be low. The S &P was up over 23 percent last year alone
For the aggressive funds dropping, I was expecting a "like a jet ski hitting a boat dock" joke.
NVDA is not an international company
Nvidia is an american company and would not be in an international portfolio. Also International markets are too greatly affected by the US economy. International funds have historically not offsetting power to use as a hedge.
I’d love to hear from you! Feel free to reach me with your thoughts, questions, or just to say hi. Looking forward to connecting🤍🤍sᴇɴᴅ🤍🤍ᴍᴇ🤍🤍ᴀ🤍🤍ᴅɪʀᴇᴄᴛ🤍🤍ᴛᴇxᴛ±𝟷𝟸𝟷𝟹𝟹𝟶𝟿𝟷𝟼𝟾𝟼🤍❤❤🎉🎉….
I've just begun learning about value investing, and I've found that many good stocks are undervalued despite their intrinsic value. If you had $200,000 to create a strong investment portfolio, which stocks would you choose for better returns?
I think a good investment portfolio should have three basic things: ETFs for diversification, dividend stocks for cash flow, and leading tech stocks. With your budget, it's a good idea to talk to a fiduciary financial advisor for expert advice.
I agree with you. As an early investor in NVDA, AVGO, ANSS, and LRCX, my financial advisor's advice was incredibly helpful. Over the past 7 years, she has helped me find stocks that did 10x multiple times. With her help, I've grown my portfolio to over a million dollars.
I'm glad I found this conversation. I have cash to invest but am worried about picking the wrong stocks. Can you refer me to your financial advisor?
I have worked with a few financial advisors before now but i ultimately settled for 'Annette Marie Holt'. She is SEC regulated and licensed in US. You can easily look her up
Thanks a lot for this recommendation. I just looked her up, and I have sent her an email. I hope she gets back to me soon.
I'd love to invest in stocks after listening to a guy on a podcast talk about the importance of investing and how he made over $300k in few months of investing into stocks from $175k initial capital, somehow this video has helped shed light on some things but I'm confused about the current market volatility I'm new to this and I'm open to ideas.
It's difficult to beat the market as an ordinary investor, you don't have access to information that professionals have. So it's just better if you invest with a professional who knows how things work better.
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
How can I reach this advisers of yours? because I'm seeking for a more effective investment approach on my savings?
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Jessica Dawn Walters for the last five years or so, and her returns have been pretty much amazing.
I just looked this lady up out of curiosity and found her web page easily. Read through her qualifications, which were all very impressive. So I scheduled a call with her.
Great video George! The market was on a tear in 2024! NVDA is a US domestic company, not international. They're headquartered in California. They'd be lumped in the Growth Fund portfolio along with the Metas and Googles of the world.
If you had given your overall return for the year, it would have been obvious that you did not do as well as the S&P 500.
Much better to have it all on a low cost ETF of the SP500 which returned over 25% over this same period (more than with these four funds) and lower fees. The SP500 is already exposed to the international market because most of these companies export and import, and have foreign subsidiaries, too.
What you don't talk about is risk-adjusted returns. Anyone could have made crazy returns last year in such a bull market but all that matters is risk-adjusted return / Sharpe ratio.
I opened a Roth IRA 2 years ago, maxed contributions both years, 26% gain in that time.
Damn that's crazy
S&P 500 climbed over 50% in the last 2 years.
Binance infinity ETH bug right now
I just made a video to show that:
Came for “My Actual Numbers”…. did not get actual numbers.
My accounts went up by 30% while I contribute $1000/month towards 401ks & maxing out Roth IRA. This upcoming year hoping to cross the $200K mark while increasing contributions slowly.
I was a hyper aggressive investor for years until I retired from the Army. 10 years ago I retired and went home with my pension and a $700k portfolio. I basically stopped investing and lived off my pension. I even clipped money from the portfolio to pay for emergencies and some luxuries like vacations. Despite that the portfolio is now worth over $2 million.
I’d love to say I was some investing genius but no. I mostly invested in a Vanguard S&P 500 tracking index fund and a few big ticket stocks.
So basically you paid people to underperform the SP500. Got it. I more than doubled the SP500 return without scammy advisors
I feel this video would be better with actual portfolio value along with yearly return
I dont think they'd want to show the down years. He didn't even compare what the S&P 500 index fund did. It did over 23% with nearly zero fees. If he just had his entire portfolio in that, he would've done better after fees. Especially if he had around 25-30% in international and aggressive growth combined.
This video should of been 30 seconds long. All he needed to say was invest in the SandP 500.
Poor George. Videos on this subject just continue to prove that Dave Ramsey's weird ignorance on the data against mutual funds (even in an incredible year like 2024) continue to underperform the market after fees, pass through taxes, etc. And George is forced to follow it and produce content on it.
I’d love to hear from you! Feel free to reach me with your thoughts, questions, or just to say hi. Looking forward to connecting🤍🤍sᴇɴᴅ🤍🤍ᴍᴇ🤍🤍ᴀ🤍🤍ᴅɪʀᴇᴄᴛ🤍🤍ᴛᴇxᴛ±𝟷𝟸𝟷𝟹𝟹𝟶𝟿𝟷𝟼𝟾𝟼🤍❤❤🎉🎉
I was 50/50 on the C (S&P) and S (Total Stock Market) Funds in my TSP last year.
The fact that i missed out on 3.7% because I wasn't all in on the S&P pissed me off, so now I'm 100% C Fund. If it ain't broke, don't fix it. 25% return in one year is crazy.
Shout out to Thomas Kincade paintings 🖼️!
So s&p500 ETFs are considered growth and growth/income in this case ? Since you have listed them as large and mid cap
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Well now I have to brag. I have one fund in my tax deferred account. That fund returned 36.05% for 2024. I let my major investment company fund manager choose, lol. My ira is through another large investment company. One fund returned 42.68% and the other 45.78%.
Wow, I'm assuming those funds were mostly in the top 100 nasdaq.
I remember finding QQQ my 1st time too. Check back in bear market
@@rebeltheharem7028 I researched a little further. The first one is correct per yahoo finance. The 2nd and 3rd are only
28,23 and 35.09. From yahoo finance. The higher percetages I took from paperwork the company sent. I can’t explain the discrepancy lol. It still very good but I was extremely impressed until just now,lol.
Direct stock ownership all the way. When you buy a mutual fund, you’re handing company voting rights to the fund manager unless there is passthrough voting (which is rare). A portion of control (voting) is a major reason to own something.
George when you say you balance your money across those four types of funds do you mean you put 25% of your money into each category? Or are the categories weighed differently depending on historical returns?
Yes, he balances it evenly (that's the Ramsey way).
Yeah, Ramsay’s investment advice is a big no no. Just listen to anyone else who knows what they are talking about…
I was suckered into the “diversification” lie when I was George’s age. Diversification is how financial advisors pacify you into believing you’re doing the right thing by accepting low returns. The lie is that somehow these portfolios will lose less during downturns and that’s better long term. Even sounds more ridiculous as I just typed it. I had 100% of my 401k in a single large cap growth fund and I made 38% the past year. And I don’t even have that many choices. Maybe 12 stock funds altogether in my 401k. The only thing worse are these blended or target funds that mix in bonds.
Nvidia is considered in the international bucket? Weird.
One thing for sure, Kamel always toes the company line
Yeah.. EVERYone was up in 2024. Let's hear your numbers for 2022?
We don't talk about 2022 lol. But I know I have made all my money back since then and more.
"Don't just invest in something because Dave Ramsey told you to."
Also, don't NOT invest in something because Dave Ramsey told you not to.
Do your own homework and invest in what you believe is right for your specific situation.
My gold did better last year than your best performing investment did. It makes for a phenomenal high yielding savings account...with ZERO counter party risk.
Yes, I also have broad market ETF's in my IRA so I'm well diversified.
Do I invest my company match of 5% into traditional 401k then the other 10 percent into the roth 401k or do i put the other 10 percent into my personal roth ira?
I’d love to hear from you! Feel free to reach me with your thoughts, questions, or just to say hi. Looking forward to connecting🤍🤍sᴇɴᴅ🤍🤍ᴍᴇ🤍🤍ᴀ🤍🤍ᴅɪʀᴇᴄᴛ🤍🤍ᴛᴇxᴛ±𝟷𝟸𝟷𝟹𝟹𝟶𝟿𝟷𝟼𝟾𝟼🤍❤❤🎉🎉
Index Mutual Funds fit in with what George is saying, the fees are low, you get invested in S&P 500, and generally outperform those who pick single stocks.
International funds depend on US markets. In fact every market around the world does. No good benefits
I’d love to hear from you! Feel free to reach me with your thoughts, questions, or just to say hi. Looking forward to connecting🤍🤍sᴇɴᴅ🤍🤍ᴍᴇ🤍🤍ᴀ🤍🤍ᴅɪʀᴇᴄᴛ🤍🤍ᴛᴇxᴛ±𝟷𝟸𝟷𝟹𝟹𝟶𝟿𝟷𝟼𝟾𝟼🤍❤❤🎉🎉
Nvidia is not a foreign company.
I’d love to hear from you! Feel free to reach me with your thoughts, questions, or just to say hi. Looking forward to connecting🤍🤍sᴇɴᴅ🤍🤍ᴍᴇ🤍🤍ᴀ🤍🤍ᴅɪʀᴇᴄᴛ🤍🤍ᴛᴇxᴛ±𝟷𝟸𝟷𝟹𝟹𝟶𝟿𝟷𝟼𝟾𝟼🤍🎉🎉❤❤
Imagine this: you’re sipping coffee on a balcony overlooking a city skyline or lounging on a pristine beach, all while your investments are working their magic. With copytrading, you can finally pursue your passions, travel the world, and create unforgettable memories with your loved ones. It’s all thanks to the power of copytrading and the life you’ve always dreamed of!
Celebrating a $600k stock portfolio today. Started with $60k. Invested wisely and now have time for my family and future. One of the benefits of copy trading.
I’m curious, do you have a professional broker who helps you with your investments? If so, I’d love to learn more about how you work with them.
Can't share much here, I take guidance from ‘Sophia E Haney’ a renowned figure in her industry with over two decades of work experience. I'd suggest you research her further on the web.
Use her name to quickly conduct an internet search.
SHE’S MOSTLY ON TELEGRAMS APPS WITH HER NAME.
6:00 you wont tell because then we can fact check you and daves magic 12% returns that justify an 8% withdrawal rate
I follow most of the principles set out in this video. The only part where I take a different approach is in regards to active and passive funds. I'd rather go with a passive fund due to the lower fees, rather than an actively managed fund with higher fees.
I’d love to hear from you! Feel free to reach me with your thoughts, questions, or just to say hi. Looking forward to connecting🤍🤍sᴇɴᴅ🤍🤍ᴍᴇ🤍🤍ᴀ🤍🤍ᴅɪʀᴇᴄᴛ🤍🤍ᴛᴇxᴛ±𝟷𝟸𝟷𝟹𝟹𝟶𝟿𝟷𝟼𝟾𝟼🤍❤❤🎉🎉
4:42 are these rates of return after all the mutual fund fees? Why not use similar index funds instead?
3:46 currency risk is important to understand for international funds. Your return will be better or worse depending on how strong the US dollar is. Bonds are involved. To complicated to explain in this comment.
I’d love to hear from you! Feel free to reach me with your thoughts, questions, or just to say hi. Looking forward to connecting🤍🤍sᴇɴᴅ🤍🤍ᴍᴇ🤍🤍ᴀ🤍🤍ᴅɪʀᴇᴄᴛ🤍🤍ᴛᴇxᴛ±𝟷𝟸𝟷𝟹𝟹𝟶𝟿𝟷𝟼𝟾𝟼🤍❤❤🎉🎉….
Question - doesn't your employer select the "funds" we invest into? I was not aware I can change it. Thoughts?
You can try going to HR, but they won’t do anything because they go with the lowest cost provider because that provider provides some kickbacks also
How do I know because I’ve worked for a number of different hospitals over the years and I have tried that and I know my stuff pretty good but nothing ever changed because they really don’t care about their employees. I know that’s terrible to say, but looking back on it as I am now retired I really truly believe that.
The plan administrator picks the fund options available, but you still have to choose which of the options to actually use.
@@funtechu I'll look into it. Thank you!
So all stocks except small & mid value?