Get my FREE Guide To Generating Passive Income: app.marketinsiders.com/passive-income-guide WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through RUclips comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
The problem we have is because Most people always taught that " you only need a good job to become rich " . These billionaires are operating on a whole other playbook that many don't even know exists.
Traders should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $486k in the last six month. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.
Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.
Wall Street pitched so-called quality stocks with high profitability and low debt, as a kind of insurance against whatever the economy might throw at you. Quality stocks have underperformed the S&P500 this year, My $200k portfolio is down by approximately 20 %, any recommendations to scale up my returns on investment
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.
Exactly why i enjoy market decisions being guided by a pro , seeing that their entire skillset is built around going long and short at the same time both employing risk management and market experience , been using a portfolio-coach for over 2years+ and I've netted over $3million in that time frame.
@@AngelsEyes-ny1pc The adviser I'm in touch with is 'Heather Ann Christensen, he works with Merrill, Pierce, Smith incorporated and interviewed on CNBC Television. You can use something else. for me his strategy works hence my result. he provides entry and exit point for the securities I focus on.
With changes in the economy leading to instability in the stock market, some individuals may face a decrease in their investments in an effort to benefit from the current market conditions, I am considering liquidating my $725k portfolio consisting of bonds and stocks. Someone else in the same situation? Please tell me in the comments!..
would suggest you thoroughly evaluate the companies you have invested in and their estimated future performance, as we may expect to see the market decline further. To minimize stress and improve efficiency, it might be wise to seek the assistance of an investment advisor to help restructure your portfolio and identify any underperforming investments to offset. This approach has been successful for me and has reduced my stress levels.
I have been exploring the possibility of utilizing advisors to help navigate the stock market during these uncertain times. However, I am still evaluating their potential effectiveness in providing the support I need.
Christy Vallen D'souza is an esteemed coach known for her proficiency in her area of expertise. You probably might have come across her. I found her on a CNBC interview where she was featured and i reached out to her afterwards. She has since provided entry and exit points on the securities I focus on. You can carry out a quick internet research on her name for more info. I basically follow her market moves and haven’t regretted doing so... @@AllisonSherman7
@@MaryTongx I was considering changing my investment strategy and planning to sell certain positions. As my retirement is coming soon,I became increasingly stressed. After thoroughly researching Christy Vallen D'souza on internet, I concluded that I had made an informed decision. Thank you for this Pointer. She seems very proficient and flexible. I booked a call session with her too.
It is gone, we lived through the zenith of our time. These bourgeoisie individuals in tandem with the corrupt govt. will take down this country like what happened to Rome. My condolences to anyone approaching retirement, you may have concerns over whether your pension pot will stretch to cover the rising cost of living, bad regulatory policies, bad energy policies and insane fiscal policies
I'm 54 and my hubby and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, we are finding it impossible to replace it. We can get by, but cant seem to get ahead. My condolences to anyone retiring in this crisis, 30years nonstop just for a crooked system to take all you worked for
@@annemoore4461I feel your pain mate, as a fellow retiree I'd suggest you look into trading services and investing and learn some more. For me, had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor-JOFFREY ADAM SMITH-for aid, and following him advice, I poured $30k in value stocks and digital assets,Up 200k so far and pretty sure I'm ready for whatever
@@annemoore4461Joffrey Adam Smith is a portfolio manager and investment advisor. Joffrey Adam Smith has demonstrated expertise in investment strategies and has been involved in managing portfolios and providing guidance to clients.
@@aydin6219From being financially empty-handed to dedicating months of hard work delivering for Uber eats, I managed to accumulate approximately $20k, which I then invested with Joffrey Adam Smith. Currently, my investment has grown to $128k, and I couldn't be more delighted that you've brought him up in this conversation
I recently got into the RUclips financial niche, and I’ve taken a deep dive into investing. Particularly, dividend growth investments as it interests me. I have tried multiple methods to build my portfolio in the past. So far I’m making progress with the help of a pro and retirement is looking great again. Back to the video, wonderful job there. I don’t like debt so I rather pay cash!
@Akina M OtienoFor me, as someone who has lived through the 9-5, what comes to mind first is the safety of my funds, With the help of a pro financial advisor, Herman W Jonas, I’ve gotten into stocks and fx, splitting my funds in different assets that have brought me huge roi. I just reinvest and grow my portfolio.
From the your comment, I instantly knew that you have good technical understanding, and experience of investing! Professional help can never go out of style because you have an advantage over others.
Putting money into profitable assets has always been top priority that’s why I invest because it affords I and my family the opportunity to live an incredibly fulfilling life, and I just don’t mean financially. Time wise also. I started out with Herman about a month ago and it’s surprising to see the rate at which I’ve had consistent growth. Even got my third payout last week. Real stand-up guy.
I have paid off my mortgage, and have enough saved in my emergency fund before hitting 40 next month. And by God’s Grace I invested two-third of my salary in stocks, ETF, and bonds. Over time my investments have yielded a little over $92k with Sir Jonas’ help. Looking at building a robust retirement in 2 to 3 years time.
Would you make a video on how to find a good property manager? It would be great to hear your process, standards, and questions. I am currently in the process of starting my real estate investment journey and your advice has been very helpful. Hope to see a video about this in in future.
My wife and I often talk about high school education and all the superfluous information kids are taught. Maybe drop pre calculus in schools and add a course on budgeting and investing. I, too, was of the mindset that my 9-5 is what I need to rely on to build wealth. I know better now and am heading towards financial freedom. 44 and our only debt is mortgage in home with 70% equity. Thank for the content
Yes, exactly on what retirement is now. I retired 5 years ago then went back to work for a third career a few months ago. I love doing a job because I enjoy it, not because I need the money. So great that you're sharing this with people as a goal, as well as how to get there.
@@FlakoRayR uh, except I did just tell her. Business and investing. As in, I had a business and I took the profits and bought assets that appreciated in value, which I then sold. Aka, business and investing 😆
The purpose/goal of the stimulus checks was for people to pay for basic needs, because some people’s jobs weren’t considered essential at the beginning. I retired from the USN in 2017 and I immediately invested all stimulus checks and child tax credit payments that my wife and I received. I also intend to fund myself to not collect social security at all.
I'm glad I paid my student loan off last year. "OH it will be paid by someone else". Nope mine won't. Hurt my credit so much. Now we have 2 vehicles and a small credit card bill. Still renting but want to snowball the lowest to highest payment now. So we can buy a house in a year or 2.
Mine hurt my credit so much that it completely changed my life to where it could have gone. I would have gotten a business loan if it weren’t for me defaulting. I was so young. I’ll probably be paying on it until I am resting in peace.
IVR stock with a high yield dividend has been stable for the past 3 years. It fluctuates between 10-16 dollars a share, but when the price of the share goes down, the dividend goes up; when the stock value goes up the dividend goes down slightly. The dividend fluctuates between 20-30%, yes, you read that right.
@@sjchac , It's been down since 2021. All I am saying is that it's the best stock to purchase if you want a high yield dividend compared to the bluechips. Just saying.
@@guillermorivas7819 you’re talking about Invesco Mortgage Capital, ticker IVR correct? It has dropped 94.96% since it’s inception in July 2009. You’re talking about Dividend YIELD. Yield is a percentage based on the share price. When the share price goes down the yield increases but the actual dividend per share stays the SAME. Look at the dividend history to see if they have been increasing or decreasing the amount. This stock has lost 95 % of its value all time. High yield dividend stocks like this have tremendous risk
@@sjchac , You're missing the point I am trying to make. I understand it has substantially gone down in value, there are projections that it will go down. With all that being said, IVR has held itself for 3 years between 10 to 16 dollars a share. It fluctuates. As the dividend goes up the price goes down, when the dividend goes down the price goes up. The dividend yield ranges between 20-28 per cent. All I am saying is that parking 140k in IVR would yield me between 36k to 39k per year in dividends. That's something you would never get with blue chips because in order to get that amount back in yearly dividends, you would need to invest anywhere from 1.2-1.4 million dollars. 36k to 39k in yearly dividends is enough to live off of if you're frugal. Do the math.
@@guillermorivas7819 I understand what you are trying to articulate. I just think it’s incomplete/bad advice. This is a risky asset based on its performance. That’s a big reason why it’s yield is so high. Blue chips stocks aren’t as risky. Hence why yield is less. Forget the fact that it’s lost 95 % of its value since inception. It lost 40% from one year ago. It’s not fluctuating. It fell of a cliff.
J, I love how simple and straightforward you are with your approach. It is easy to follow and conceptualize. Makes creating that mindset of possibility possible. You remind me of Robert Kiyosaki. Keep up the good work 👍
I am apart of the generation that was at the tail-end of the 3-legged stool. I am 52 years old. The meaning of retirement changed in my adult life. The 3-legged stool does not work. I am a teacher. I will get a pension from the state because I paid into it and I am vested. I have a 503b (like a 401k). Also, I will get something from social security. They sent me a statement with my projected benefits. My 503b went through several stock market crashes (nothing really in there). Social Security may or may not be there for me, in 10-13 years. Also, my pension algorithm changed to 20% of my income times the number of years that I worked, as a teacher. In contrast to my grandfather’s day, the pension was 100% of one’s income for vested employees and he drew social security at 60 years old. Plus, he had stocks that paid a dividend. By following the 3-legged stool retirement strategy, I will not have as much money as my grandfather did when he retired so many years ago. I forgot to factor in inflation…my US Dollar is worth much less and does not have the same buying power. I feel like I am working to end up in the poor house. I need to fix this situation and fast. I need Help!
Evetta, what happened to your 403b ? If you've been investing at least 10% of your salary in it, you should have a nice nest egg when you retire. If you fulfill the requirements to retire without taking a penalty (early retirement, or not meeting age requirements), you should be fine with your pension. Social Security should be there as well once you hit age 62. Sounds to me you should be fine once you're eligible to retire. What do you project to receive a month collecting all 3 at age 62 ? I should be collecting around $12k a month when I retire. I could probably live off of only $5k a month.
One caveat on investing in real estate. You need a large cushion for expenses and when you don’t receive rent. We were forced landlords as we got stuck in the down Market and had to move in 2011 for job relocation. Guess what? Pipes burst in 2014 . Had to spend $10k to Re plumb whole house as insurance would not pay for plumbing. Big risks with real estate. Just fyi
Congrats to those of you with investments etc. My family will get there eventually. We are still trying to pay off large debt while living almost paycheck to paycheck! Sigh!!! Had to let health insurance go, and still dreaming of having life insurance; but we will eventually Gert where we want to be. Slowly but surely! Never give up!
13.19 - You just easily assumes it 5x … that’s a enormous growth for a company that is paying dividend. What usually means they are stable and not focused on growing.
I appreciate these realistic (but not doom & gloom) videos on finance. The last couple of years I have been following the advice and it has been adding up to real progress. I doubled my work income last year, saved up a 6mo emergency fund, am investing more in my 401k, paid off my car and student loans, and have a couple of autodrafts every month for investing in an ETF. Now I’m looking for ways to supplement my income with side businesses and obtaining certs to get a better job and up my work income. Now if only I could find a way to get a good deal on a home or condo. Lol
Maybe that’s why they say wealth doesn’t buy happiness. Many people believe having money is more important than owning things that make you happy. You can buy assets until you die and never enjoy the money you’ve accumulated.
"social security is drying up because the money you put in doesn't fund your retirement, it's funding someone else's retirement" That's literally how the program was designed. It's not the insult you think it is. Naysayers of the program have been saying the same talking point for half a century...
Yeah, but your portfolio is supposed to grow every year basically replenishing what you took out the year before. And secondly, it works with the assumption it grows like 6% per year so 4% for you to pull out and 2% for inflation . Technically, if you don't have to deal with crazy times like now, it should last pretty much up forever. Personally I think you could even deal with high inflation if you also get some years with higher than expected growth to even out the performance overall.
I really appreciate this. I'm beginning to have my doubts about my ROTH IRA, seeing like I would have done better in WM and QYLD. I know they're a bit more risky, but I'm still relatively young and can handle the volatility. What do you think of trusts? Are they an outdated investment vehicle?
Trusts are not investments, they are an entity to hold assets. And why not put QYLD in your Roth? You do have the money in your Roth invested in something right? It's not just sitting there is it?
@@blktauna My ROTH is in a bunch of Invesco funds like VAFAX, ACSTX and such. It's fully funded. If I wanted to go into QYLD, wouldn't I rather do that from Webull? No fees or limits. Am I missing something?
@@Toddalotapodamus check your accounts terms. You can put whatever you like in it as far as im aware. I know when I had a 401k with merril they restricted what i could put where. See if you can hit up the financial advisor your plan/broker/etc has to check.
I had QYLD in my Roth a while but condensed it into RYLD. So it can go into your Roth, Roth helps with taxes for those ETFs too. My normal IRA is all mutual fund ETFs to avoid taxes but still compound at 5% minimum. If you can't avoid the taxes the high yield assets are typically not worth it after the taxes. Some channels have broken that down if you look it up. Good luck out there bro 🥂
I found your video so enlightening BRAVO! I'm Greek American living in Greece, I have three questions .1) I'm in the process of buying a small new seaside condominium 500sq feet in Thailand worth 85000 $ knowing people are moving to Southeast Asia for a more comfortable life ,so people are moving to Malaysia Thailand Cambodia Vietnam etc and with their European or American pensions to rent and live a comfortable life, although this growth has brought prices up 15% its still a comfortable life opposed to their home countries .. .I will rent the apartment for 10 years get some returns like 6-7% annually and then retire in the same for another 20 years ,do you reckon is a good choice ?2) Agricultural land is cheap now in Greece is it good to buy some hectares and rent them to existing farmers ? 3) is collectibles a good choice, stamps ,Morgan silver dollars , rare jewels antique furniture?
Appreciate the video Jaspreet! As my parents told me most people get wise when they are too old. ( & ready to retire) When I got 35 years old, I started attending the meetings of "Primamerica" and paid for some classes in mutual fund investing and asset protection. They taught about everything you covered in this video. They taught some things that I would later disagree with as far as asset protection. Probably paid about $1000 at a guess maybe $1500 at most in the early 1990's. It was well worth the money as far as my personal finances went. Yeah, I did sell a few financial products too after I got licensed. I believe they are still around and the classes are lower in cost than a college class. Learned about dollar cost averaging but never really put it into practice because I had trouble believing in it until I hit about 40. I realized how much my bonuses had grown in my IRA's at that time and as my parents had me when they were 40's; my inheritance came a few years later. My dad was a great believer in junk bonds and in a way I was too at that time but I was even a bigger believer in stock investing by that time. My dad's outlook on his investing life served him well for a WW2 time frame person and their prior healthcare issues made me realize that it wasn't going to work for me. He had privately ran pension through a mutual fund company as no one trusted the union or the company for their pension fund. I still don't trust either but most 401k's are set up by a financial investment company as a sub-contractor to your employer and you get to control it, which was scary to me at the beginning. Annuitized and invested a large portion of my inheritance to avoid a large and coming tax bit just as I invested my performance bonuses over the years to avoid taxes. ( the problem of an engineer in a small company that can't afford to keep an engineer on their quoted salary!) I could always keep more of my money, even my lets go out and play money, if I invested into my retirement. ( like most engineers I liked money why didn't other engineers see this is beyond me. Dad always said that it isn't what you earn, it is what you can keep, his mother was a good business person in a very competitive business, farming & he & she gave me some good advice growing up. Got more good advice from her than him in the few short years she was in my life now that I think about it.) Young families need life insurance at least at the start of their family life. Any videos on your thoughts about life insurance? This is a protection that most young families are now having trouble affording the premiums and term insurance doesn't offer them the protection needed for periods of unemployment. ( lots of young Spanish speaking families in their 20's are entering the Mid-Ohio area) Perhaps you should get an honest Life insurance person on a video. ( I have become a believer in term insurance for things that can be lived without and whole life for the necessities in life as the cash value can pay the premiums for periods of unemployment. Longer run it is your cash cushion in the bank, the stagnant money, that will cover a lot of these expenses) Found your Spainish language videos and passed the link onto a young lady ( in her early twenties at work) who wants more out of her life than a 8 hour job, Just over broke= JOB. ( JOB describes her but she has an almost new car, and travels. She can't be totally broke! ) Can you change more of your videos into Spanish? By the way she is viewing the videos and I have offered her my advice and assistance in getting started in investing. ( free of charge as I am no longer licensed) Her English is poor but she is bilingual enough to get by. Also sent her a link to Codi Sanchezes videos as she wants to get into her own businesses, but Codi only produces her videos in English. She is a fresh immigrant who arrived about a year or less from Venezuela.
In theory look good the dividends BUT many of the big dividends stocks they pay you 5% but they lost 12% a year so you loosing 7% be aware of this. You should talk about the lavaragex3 and inverse market.
I just bid on a book called The Intelligent Investor by Benjamin Graham. It’s supposed to be the definitive book on investing in the stock market. I’ll see if I learn a thing or two. But immediately I plan on buying Tesla stock because it is a lot lower recently and in 3rd quarter this year they will be moving 1,000 of those funky looking trucks of theirs with volume planned for next year. I don’t care how bad the financial scene is you know there’s gonna be mofos buying that babe like crazy when it comes out. I just hope I pony up and invest in time.
The problem is you have no idea of future returns plus you don’t know how much taxes will be in the next 10 to 20 years I’m just gonna start putting my money in high yield savings account so it will not be taxes later
Thank you for so much valuable knowledge Jaspreet! We love your videos. Just researching dividend stocks and dividend etfs. Which would you buy in 2023 to start paying you dividends?
If mom money is printed, it’s the greed of wanting that money is what causes inflation. If prices didn’t rise, people would have easier economic times and maybe even spend more.
Love your videos I am nearly 57 and at the moment my retirement plan consists of an old company pension plan in the uk and social security from the uk a 401k here in the states with my present employer and maybe social security here in the states. I am thinking about doing something else to save for retirement besides what I have at present but at the moment I have too much debt to deal with but plan to,do something
I have loved making Liturgical furniture all my life! Thankfully I can still continue making what I love till I can no longer physically do it! I’m investing in lumber and hardware! LOL!
Yes, cuz money wisdom is timeless. He's more approachable and gives more details. Kiyosaki hit earlier generations and is a bit more caustic and bitter. Jaspreet and Robert came from a similar background of traditional hard work and saving and respectful job cultures.
Get my FREE Guide To Generating Passive Income: app.marketinsiders.com/passive-income-guide
WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS!
There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through RUclips comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
I ordered it just gotta take time and read this wkend. Thanks for doing these videos and blessings to you and your loved 1s
The problem we have is because Most people always taught that " you only need a good job to become rich " . These billionaires are operating on a whole other playbook that many don't even know exists.
Traders should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $486k in the last six month. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.
@@JohnMichael007Wow, that's stirring! Do you mind connecting me to your advisor please. I desperately need one to diversify my portfolio.
Karen L Nancy
Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.
Wall Street pitched so-called quality stocks with high profitability and low debt, as a kind of insurance against whatever the economy might throw at you. Quality stocks have underperformed the S&P500 this year, My $200k portfolio is down by approximately 20 %, any recommendations to scale up my returns on investment
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.
Exactly why i enjoy market decisions being guided by a pro , seeing that their entire skillset is built around going long and short at the same time both employing risk management and market experience , been using a portfolio-coach for over 2years+ and I've netted over $3million in that time frame.
@@JaykeTurner Do you mind sharing info on the adviser who assisted you? I'm 39 now and would love to grow my stock portfolio and plan my retirement
@@AngelsEyes-ny1pc The adviser I'm in touch with is 'Heather Ann Christensen, he works with Merrill, Pierce, Smith incorporated and interviewed on CNBC Television. You can use something else. for me his strategy works hence my result. he provides entry and exit point for the securities I focus on.
With changes in the economy leading to instability in the stock market, some individuals may face a decrease in their investments in an effort to benefit from the current market conditions, I am considering liquidating my $725k portfolio consisting of bonds and stocks. Someone else in the same situation? Please tell me in the comments!..
would suggest you thoroughly evaluate the companies you have invested in and their estimated future performance, as we may expect to see the market decline further. To minimize stress and improve efficiency, it might be wise to seek the assistance of an investment advisor to help restructure your portfolio and identify any underperforming investments to offset. This approach has been successful for me and has reduced my stress levels.
I have been exploring the possibility of utilizing advisors to help navigate the stock market during these uncertain times. However, I am still evaluating their potential effectiveness in providing the support I need.
Christy Vallen D'souza is an esteemed coach known for her proficiency in her area of expertise. You probably might have come across her. I found her on a CNBC interview where she was featured and i reached out to her afterwards. She has since provided entry and exit points on the securities I focus on. You can carry out a quick internet research on her name for more info. I basically follow her market moves and haven’t regretted doing so...
@@AllisonSherman7
@@MaryTongx I was considering changing my investment strategy and planning to sell certain positions. As my retirement is coming soon,I became increasingly stressed. After thoroughly researching Christy Vallen D'souza on internet, I concluded that I had made an informed decision. Thank you for this Pointer. She seems very proficient and flexible. I booked a call session with her too.
It is gone, we lived through the zenith of our time.
These bourgeoisie individuals in tandem with the corrupt govt. will take down this country like what happened to Rome. My condolences to anyone approaching retirement, you may have concerns over whether your pension pot will stretch to cover the rising cost of living, bad regulatory policies, bad energy policies and insane fiscal policies
I'm 54 and my hubby and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, we are finding it impossible to replace it. We can get by, but cant seem to get ahead. My condolences to anyone retiring in this crisis, 30years nonstop just for a crooked system to take all you worked for
@@annemoore4461I feel your pain mate, as a fellow retiree I'd suggest you look into trading services and investing and learn some more. For me, had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor-JOFFREY ADAM SMITH-for aid, and following him advice, I poured $30k in value stocks and digital assets,Up 200k so far and pretty sure I'm ready for whatever
@@annemoore4461Joffrey Adam Smith is a portfolio manager and investment advisor.
Joffrey Adam Smith has demonstrated expertise in investment strategies and has been involved in managing portfolios and providing guidance to clients.
@@annemoore4461a search on google with the keywords "JOFFREY ADAM SMITH" should get you what you need
@@aydin6219From being financially empty-handed to dedicating months of hard work delivering for Uber eats, I managed to accumulate approximately $20k, which I then invested with Joffrey Adam Smith. Currently, my investment has grown to $128k, and I couldn't be more delighted that you've brought him up in this conversation
I recently got into the RUclips financial niche, and I’ve taken a deep dive into investing. Particularly, dividend growth investments as it interests me. I have tried multiple methods to build my portfolio in the past. So far I’m making progress with the help of a pro and retirement is looking great again. Back to the video, wonderful job there. I don’t like debt so I rather pay cash!
@Akina M OtienoFor me, as someone who has lived through the 9-5, what comes to mind first is the safety of my funds, With the help of a pro financial advisor, Herman W Jonas, I’ve gotten into stocks and fx, splitting my funds in different assets that have brought me huge roi. I just reinvest and grow my portfolio.
From the your comment, I instantly knew that you have good technical understanding, and experience of investing! Professional help can never go out of style because you have an advantage over others.
Putting money into profitable assets has always been top priority that’s why I invest because it affords I and my family the opportunity to live an incredibly fulfilling life, and I just don’t mean financially. Time wise also. I started out with Herman about a month ago and it’s surprising to see the rate at which I’ve had consistent growth. Even got my third payout last week. Real stand-up guy.
I have paid off my mortgage, and have enough saved in my emergency fund before hitting 40 next month. And by God’s Grace I invested two-third of my salary in stocks, ETF, and bonds. Over time my investments have yielded a little over $92k with Sir Jonas’ help. Looking at building a robust retirement in 2 to 3 years time.
@@Rubyruby287Could you be kind enough to drop a lead to him? Thank you in advance.
Would you make a video on how to find a good property manager?
It would be great to hear your process, standards, and questions.
I am currently in the process of starting my real estate investment journey and your advice has been very helpful.
Hope to see a video about this in in future.
Thank you so so much for all your work in educating us about such important subject being through videos or your market brief newsletter. ❤
I have always loved Jaspreet's videos and advice. Such a great guy. Becoming rich and wealthy is a journey. Good luck and stay blessed y'all!
He keeps saying don't trust a random guy on RUclips. But his eyes look so trusting.😊
My three favorite channels: Minority Mindset, Stock Brotha, & J Bravo. Make my week complete!
Stock brotha is trash
I really appreciate these lessons. It has changed my financial mindset and increased my earnings since I found this channel.
My wife and I often talk about high school education and all the superfluous information kids are taught. Maybe drop pre calculus in schools and add a course on budgeting and investing. I, too, was of the mindset that my 9-5 is what I need to rely on to build wealth. I know better now and am heading towards financial freedom. 44 and our only debt is mortgage in home with 70% equity. Thank for the content
Post Modern education teaches opinions and feelings rather than facts... that's the problem
@@Nigriff I’m not sure where you went to college, but I was learning facts in college.
Yes, exactly on what retirement is now. I retired 5 years ago then went back to work for a third career a few months ago. I love doing a job because I enjoy it, not because I need the money. So great that you're sharing this with people as a goal, as well as how to get there.
Really? How did you retire so fast? Nice!😊
@@carolopara6069 Business and investing. Basically, capitalism 😆
@@carolopara6069 hey they never really tell you what they did. They leave you wonder.
@Ray R too bad 😔
@@FlakoRayR uh, except I did just tell her. Business and investing. As in, I had a business and I took the profits and bought assets that appreciated in value, which I then sold. Aka, business and investing 😆
The purpose/goal of the stimulus checks was for people to pay for basic needs, because some people’s jobs weren’t considered essential at the beginning. I retired from the USN in 2017 and I immediately invested all stimulus checks and child tax credit payments that my wife and I received. I also intend to fund myself to not collect social security at all.
I'm glad I paid my student loan off last year. "OH it will be paid by someone else". Nope mine won't. Hurt my credit so much. Now we have 2 vehicles and a small credit card bill. Still renting but want to snowball the lowest to highest payment now. So we can buy a house in a year or 2.
Mine hurt my credit so much that it completely changed my life to where it could have gone. I would have gotten a business loan if it weren’t for me defaulting. I was so young. I’ll probably be paying on it until I am resting in peace.
That's not what they say. Those who retire early (be 55) live longer than those that work to 65+.
I’m 45 at 55 I’m done too many people dropping dead by 65 no thank you
IVR stock with a high yield dividend has been stable for the past 3 years. It fluctuates between 10-16 dollars a share, but when the price of the share goes down, the dividend goes up; when the stock value goes up the dividend goes down slightly. The dividend fluctuates between 20-30%, yes, you read that right.
It’s down 93% from inception
@@sjchac , It's been down since 2021. All I am saying is that it's the best stock to purchase if you want a high yield dividend compared to the bluechips. Just saying.
@@guillermorivas7819 you’re talking about Invesco Mortgage Capital, ticker IVR correct? It has dropped 94.96% since it’s inception in July 2009. You’re talking about Dividend YIELD. Yield is a percentage based on the share price. When the share price goes down the yield increases but the actual dividend per share stays the SAME. Look at the dividend history to see if they have been increasing or decreasing the amount. This stock has lost 95 % of its value all time. High yield dividend stocks like this have tremendous risk
@@sjchac , You're missing the point I am trying to make. I understand it has substantially gone down in value, there are projections that it will go down.
With all that being said, IVR has held itself for 3 years between 10 to 16 dollars a share. It fluctuates. As the dividend goes up the price goes down, when the dividend goes down the price goes up. The dividend yield ranges between 20-28 per cent. All I am saying is that parking 140k in IVR would yield me between 36k to 39k per year in dividends. That's something you would never get with blue chips because in order to get that amount back in yearly dividends, you would need to invest anywhere from 1.2-1.4 million dollars. 36k to 39k in yearly dividends is enough to live off of if you're frugal. Do the math.
@@guillermorivas7819 I understand what you are trying to articulate. I just think it’s incomplete/bad advice. This is a risky asset based on its performance. That’s a big reason why it’s yield is so high. Blue chips stocks aren’t as risky. Hence why yield is less. Forget the fact that it’s lost 95 % of its value since inception. It lost 40% from one year ago. It’s not fluctuating. It fell of a cliff.
I love your content man! I am learning so much from you. Thank you!! 😀
Bro please, go easy on the clickbaity titles.
Lol why you say that ?
Vish Kiran Do you eat GOBAR ?
It's RUclips man, unfortunately they have to do that .
The title is accurate
You should try coming up with a new video idea every single day
Great video! and you're genuinely not trying to make money out of us by telling us about stocks etc, just great proper sound guidance.
J, I love how simple and straightforward you are with your approach. It is easy to follow and conceptualize. Makes creating that mindset of possibility possible. You remind me of Robert Kiyosaki. Keep up the good work 👍
I am apart of the generation that was at the tail-end of the 3-legged stool. I am 52 years old. The meaning of retirement changed in my adult life. The 3-legged stool does not work.
I am a teacher. I will get a pension from the state because I paid into it and I am vested. I have a 503b (like a 401k). Also, I will get something from social security. They sent me a statement with my projected benefits. My 503b went through several stock market crashes (nothing really in there). Social Security may or may not be there for me, in 10-13 years. Also, my pension algorithm changed to 20% of my income times the number of years that I worked, as a teacher. In contrast to my grandfather’s day, the pension was 100% of one’s income for vested employees and he drew social security at 60 years old. Plus, he had stocks that paid a dividend. By following the 3-legged stool retirement strategy, I will not have as much money as my grandfather did when he retired so many years ago. I forgot to factor in inflation…my US Dollar is worth much less and does not have the same buying power. I feel like I am working to end up in the poor house. I need to fix this situation and fast. I need Help!
Evetta, what happened to your 403b ? If you've been investing at least 10% of your salary in it, you should have a nice nest egg when you retire. If you fulfill the requirements to retire without taking a penalty (early retirement, or not meeting age requirements), you should be fine with your pension. Social Security should be there as well once you hit age 62. Sounds to me you should be fine once you're eligible to retire. What do you project to receive a month collecting all 3 at age 62 ? I should be collecting around $12k a month when I retire. I could probably live off of only $5k a month.
You really have a knack for teaching, thank you for blessing my mind with all the knowledge and information you provide.
Im 32 and completely broke. But im willing too learn and do everything this brotha said. Willing grind the next 10 years be successfull in my 40s
I love you Jaspreed ❤😅
This was a Masterclass 👏
One caveat on investing in real estate. You need a large cushion for expenses and when you don’t receive rent. We were forced landlords as we got stuck in the down Market and had to move in 2011 for job relocation. Guess what? Pipes burst in 2014 . Had to spend $10k to Re plumb whole house as insurance would not pay for plumbing. Big risks with real estate. Just fyi
Congrats to those of you with investments etc. My family will get there eventually. We are still trying to pay off large debt while living almost paycheck to paycheck! Sigh!!! Had to let health insurance go, and still dreaming of having life insurance; but we will eventually Gert where we want to be. Slowly but surely! Never give up!
13.19 - You just easily assumes it 5x … that’s a enormous growth for a company that is paying dividend. What usually means they are stable and not focused on growing.
Thank you for the information Jaspreet!
Three legged stool? No one told us this when I was young , DAMN‼️
I appreciate these realistic (but not doom & gloom) videos on finance. The last couple of years I have been following the advice and it has been adding up to real progress. I doubled my work income last year, saved up a 6mo emergency fund, am investing more in my 401k, paid off my car and student loans, and have a couple of autodrafts every month for investing in an ETF. Now I’m looking for ways to supplement my income with side businesses and obtaining certs to get a better job and up my work income.
Now if only I could find a way to get a good deal on a home or condo. Lol
Number one trap is Taxes
Yup! I'm getting better at making money. Now need to learn how to keep more of it!
Did you ever worry about money? I’ve heard you say repeatedly that you never felt risk, and I think that included money that you had/needed.
You are the man, my friend. I watch you all the time you are the man.
These videos are so valuable and appreciated! Thank you for sharing your wisdom!
Is it better to invest in multiple ETFs, Or just one?
Voo Vti
Very well put video. Thank you for your input. I watch your show all the time.
I love the knowledge that you present to everyone .Great work on the financial advice keep up the great work.I very much appreciate it.👍
Key to wealth... buy assets, not toys.
Maybe that’s why they say wealth doesn’t buy happiness. Many people believe having money is more important than owning things that make you happy. You can buy assets until you die and never enjoy the money you’ve accumulated.
Your video was really quiet - So the ads came up massively loud because I had the volume turned up.
Most informative video I've ever watched on You Tube. Thank you.
Great content! I’d like to see more videos! You are clear and direct!
Another great video. So informative. 😊
"social security is drying up because the money you put in doesn't fund your retirement, it's funding someone else's retirement"
That's literally how the program was designed. It's not the insult you think it is. Naysayers of the program have been saying the same talking point for half a century...
This was packed mmm
There is a saying, regarding TV. “People who watch a lot of TV, or watching people who don’t watch a lot of TV.
Very Informative advice. Thank you!😃
Love this man! 🔥
Thank you for your time.... God bless you.
Yeah, but your portfolio is supposed to grow every year basically replenishing what you took out the year before.
And secondly, it works with the assumption it grows like 6% per year so 4% for you to pull out and 2% for inflation . Technically, if you don't have to deal with crazy times like now, it should last pretty much up forever.
Personally I think you could even deal with high inflation if you also get some years with higher than expected growth to even out the performance overall.
I really appreciate this. I'm beginning to have my doubts about my ROTH IRA, seeing like I would have done better in WM and QYLD. I know they're a bit more risky, but I'm still relatively young and can handle the volatility. What do you think of trusts? Are they an outdated investment vehicle?
Trusts are not investments, they are an entity to hold assets. And why not put QYLD in your Roth? You do have the money in your Roth invested in something right? It's not just sitting there is it?
@@blktauna My ROTH is in a bunch of Invesco funds like VAFAX, ACSTX and such. It's fully funded. If I wanted to go into QYLD, wouldn't I rather do that from Webull? No fees or limits. Am I missing something?
@@Toddalotapodamus check your accounts terms. You can put whatever you like in it as far as im aware. I know when I had a 401k with merril they restricted what i could put where. See if you can hit up the financial advisor your plan/broker/etc has to check.
I had QYLD in my Roth a while but condensed it into RYLD. So it can go into your Roth, Roth helps with taxes for those ETFs too.
My normal IRA is all mutual fund ETFs to avoid taxes but still compound at 5% minimum. If you can't avoid the taxes the high yield assets are typically not worth it after the taxes. Some channels have broken that down if you look it up.
Good luck out there bro 🥂
Thank you for sharing your knowledge. I'm suscribing.
Thanks!
yay for your
‘AND I gotta new marker’.
I found your video so enlightening BRAVO! I'm Greek American living in Greece, I have three questions .1) I'm in the process of buying a small new seaside condominium 500sq feet in Thailand worth 85000 $ knowing people are moving to Southeast Asia for a more comfortable life ,so people are moving to Malaysia Thailand Cambodia Vietnam etc and with their European or American pensions to rent and live a comfortable life, although this growth has brought prices up 15% its still a comfortable life opposed to their home countries .. .I will rent the apartment for 10 years get some returns like 6-7% annually and then retire in the same for another 20 years ,do you reckon is a good choice ?2) Agricultural land is cheap now in Greece is it good to buy some hectares and rent them to existing farmers ? 3) is collectibles a good choice, stamps ,Morgan silver dollars , rare jewels antique furniture?
Appreciate the video Jaspreet! As my parents told me most people get wise when they are too old. ( & ready to retire) When I got 35 years old, I started attending the meetings of "Primamerica" and paid for some classes in mutual fund investing and asset protection. They taught about everything you covered in this video. They taught some things that I would later disagree with as far as asset protection. Probably paid about $1000 at a guess maybe $1500 at most in the early 1990's. It was well worth the money as far as my personal finances went. Yeah, I did sell a few financial products too after I got licensed. I believe they are still around and the classes are lower in cost than a college class. Learned about dollar cost averaging but never really put it into practice because I had trouble believing in it until I hit about 40. I realized how much my bonuses had grown in my IRA's at that time and as my parents had me when they were 40's; my inheritance came a few years later. My dad was a great believer in junk bonds and in a way I was too at that time but I was even a bigger believer in stock investing by that time. My dad's outlook on his investing life served him well for a WW2 time frame person and their prior healthcare issues made me realize that it wasn't going to work for me. He had privately ran pension through a mutual fund company as no one trusted the union or the company for their pension fund. I still don't trust either but most 401k's are set up by a financial investment company as a sub-contractor to your employer and you get to control it, which was scary to me at the beginning. Annuitized and invested a large portion of my inheritance to avoid a large and coming tax bit just as I invested my performance bonuses over the years to avoid taxes. ( the problem of an engineer in a small company that can't afford to keep an engineer on their quoted salary!) I could always keep more of my money, even my lets go out and play money, if I invested into my retirement. ( like most engineers I liked money why didn't other engineers see this is beyond me. Dad always said that it isn't what you earn, it is what you can keep, his mother was a good business person in a very competitive business, farming & he & she gave me some good advice growing up. Got more good advice from her than him in the few short years she was in my life now that I think about it.) Young families need life insurance at least at the start of their family life. Any videos on your thoughts about life insurance? This is a protection that most young families are now having trouble affording the premiums and term insurance doesn't offer them the protection needed for periods of unemployment. ( lots of young Spanish speaking families in their 20's are entering the Mid-Ohio area) Perhaps you should get an honest Life insurance person on a video. ( I have become a believer in term insurance for things that can be lived without and whole life for the necessities in life as the cash value can pay the premiums for periods of unemployment. Longer run it is your cash cushion in the bank, the stagnant money, that will cover a lot of these expenses) Found your Spainish language videos and passed the link onto a young lady ( in her early twenties at work) who wants more out of her life than a 8 hour job, Just over broke= JOB. ( JOB describes her but she has an almost new car, and travels. She can't be totally broke! ) Can you change more of your videos into Spanish? By the way she is viewing the videos and I have offered her my advice and assistance in getting started in investing. ( free of charge as I am no longer licensed) Her English is poor but she is bilingual enough to get by. Also sent her a link to Codi Sanchezes videos as she wants to get into her own businesses, but Codi only produces her videos in English. She is a fresh immigrant who arrived about a year or less from Venezuela.
Hi.. I've been a big fan of yours for few years now. I hope that you doing ok. Thank you for all your hard work.
Act Your Wage. -Dave Ramsey
Is there a Canadian version of the newsletter?
In theory look good the dividends BUT many of the big dividends stocks they pay you 5% but they lost 12% a year so you loosing 7% be aware of this. You should talk about the lavaragex3 and inverse market.
I love your videos how do you feel about purchasing gold and silver I value your opinion ???
How much you need in retirement depends on your expenses. Alot of people do it on less.
Do you have a video on how to retire in 3 years? I'm older.
Great video 👍, thanks
I just bid on a book called The Intelligent Investor by Benjamin Graham. It’s supposed to be the definitive book on investing in the stock market. I’ll see if I learn a thing or two. But immediately I plan on buying Tesla stock because it is a lot lower recently and in 3rd quarter this year they will be moving 1,000 of those funky looking trucks of theirs with volume planned for next year. I don’t care how bad the financial scene is you know there’s gonna be mofos buying that babe like crazy when it comes out. I just hope I pony up and invest in time.
Is a 3 month certificate with 4.1%APY dividends a good start and is there a way to make this a lifetime dividend?
Is it just me or do a lot of these comments seem fake af?
Watching Netflix after retirement after having to get up at 6am. Watching Netflix sounds pretty good to me!
This video is great
Inflation is taxation without representation. ✔️ ✅️
I love your videos bro very motivational
5:30 A few days ago he said he needed a new marker, and then he pointed out that he got the marker LOL love the lore!
Any opinions on Cit Bank Platinum Savings 4.75% APY? Their "Savings Connect" paying 4.50% APY
The passive income guide is extremely basic and not worth the trouble to download in my opinion.
I ❤ Real Estate!
The problem is you have no idea of future returns plus you don’t know how much taxes will be in the next 10 to 20 years I’m just gonna start putting my money in high yield savings account so it will not be taxes later
Thank you for so much valuable knowledge Jaspreet! We love your videos. Just researching dividend stocks and dividend etfs. Which would you buy in 2023 to start paying you dividends?
Chat me up 👆👆
Four legged stool ...pension, savings, property, investments.
Property=investments. You got a weird 4th leg
@@ryanbianchi6582 stocks and shares...love from one weirdo to another❤️
Good stuff ty
If mom money is printed, it’s the greed of wanting that money is what causes inflation. If prices didn’t rise, people would have easier economic times and maybe even spend more.
Thanks
Good content
I need help with getting financially freedom 😢
Pragmatic and wise 😊😊😊
Love your videos
I am nearly 57 and at the moment my retirement plan consists of an old company pension plan in the uk and social security from the uk a 401k here in the states with my present employer and maybe social security here in the states.
I am thinking about doing something else to save for retirement besides what I have at present but at the moment I have too much debt to deal with but plan to,do something
I have loved making Liturgical furniture all my life! Thankfully I can still continue making what I love till I can no longer physically do it! I’m investing in lumber and hardware! LOL!
TEACH 🙌
Social Security will never dry up, they just adjust the percentage and boom it's back again.
What exactly is a 65 year old gonna do with a million dollars other than give it to family smh
Get yourself a sugar baby.
If you had $2 K extra every month ?
So wait Jaspreet, you are saying my plan of storming the fed reserve and making off with a truckload of freshly printed currency is wrong???😄
Cash Flow, man! Make off with one of their printers!
Only bankers and politicians can do that. Who do you think you are?
Isn’t this just rich dad poor dad?
Yes, cuz money wisdom is timeless. He's more approachable and gives more details. Kiyosaki hit earlier generations and is a bit more caustic and bitter. Jaspreet and Robert came from a similar background of traditional hard work and saving and respectful job cultures.
I follow both.
My English no good I don't understand
9:00
any tldr?
Invest asap or you wont be able to retire. He prefers cashflow.
@@dani-uf1eo lol, is that really all? and he needed an hour video to say this?
@@0nemanartis430 I mean, he went through the whys and hows but that was basically it.
@@0nemanartis430 you asked for the tldr so youre gonna get a short answer
@@herbythechef7624 yeah i know, but i cant see this warranting a 1h video
The average person don't have a million dollars....
did you pay attention at all?
@@blktauna Do I have to? I hope I don't have detention.
@@JSGroupofCompanies lol do what you wan man
I guess you can just stay average then
You said it social security paying out months and months more as we live longer. To bad on average my poor black self will not live that long.
Social security will only pay my Medicare supplement when I get there😂 glad I never banked on it😊
The new way is just buy a meme coin and let it 1000x