Trust Funds Explained in One Minute: Definition/Meaning, Examples and Tips

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  • Опубликовано: 2 ноя 2024

Комментарии • 67

  • @OneMinuteEconomics
    @OneMinuteEconomics  Год назад

    GiganticWebsites.com is a project through which I make it possible for people to build truly gigantic websites (thousands of articles each!) at ridiculously low prices. If you have a great domain you want to turn into an amazing website or an existing site you'd like to upgrade/scale, visit our website or check out the One Minute Economics presentation video below:
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  • @DanielRodriguez-io2me
    @DanielRodriguez-io2me 4 года назад +94

    0.75X speed, you’re welcome 😹

    • @OneMinuteEconomics
      @OneMinuteEconomics  4 года назад +3

      True that haha, it's as if RUclips's playback speed reduction feature was specifically made for some of the videos where I go overboard speed-wise :)

    • @tm8559
      @tm8559 3 года назад

      Omg thank u so much !

    • @Fallenicons24
      @Fallenicons24 Год назад

      🤣

    • @Nocontract11
      @Nocontract11 Год назад

      1.75

    • @bentonrp
      @bentonrp 5 месяцев назад

      I wish I found your comment before I started the video! 🤣 Great video, btw.

  • @kaerose777
    @kaerose777 4 года назад +43

    Thank you for taking the time to create this video.. you’re not talking fast they’re just listening slow😉

  • @Wilfoe
    @Wilfoe Год назад

    My parents set up a trust fund for me and I was wondering what the money in it can even be used for, since they tend to be very vague with me. This video helped explain things. Thanks!

  • @LukeDiogo
    @LukeDiogo 11 месяцев назад +55

    Smaller, speculative stocks have endured a historically weak stretch. Investors are betting that a turnaround is finally in the works. I’ve lost about $320k within a few months, how do i take advantage of the market turnaround?

    • @LehmannAlicia
      @LehmannAlicia 11 месяцев назад

      There are many interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell stocks.

    • @LukeDiogo
      @LukeDiogo 11 месяцев назад

      @@LehmannAlicia Having an investment adviser is the best way to go about the stock market right now, especially for near-retirees, I've been in touch with a coach for a while now mostly and I made over $800K within a short time

    • @LehmannAlicia
      @LehmannAlicia 11 месяцев назад

      @@LukeDiogo That's impressive! I could really use the expertise of these advisors. how can I get to your advisor?

    • @LukeDiogo
      @LukeDiogo 11 месяцев назад

      @@LehmannAlicia renowned for her proficiency and expertise in the financial market, *KRISTIN GAIL CUNNINGHAM* my financial advisor, holds a broad understanding of portfolio diversification and is recognized as an authority in this domain.

    • @LehmannAlicia
      @LehmannAlicia 11 месяцев назад

      @@LukeDiogo I Found her online page by searching her full name, I wrote her an email and scheduled a call, hopefully she responds

  • @rushiljain6541
    @rushiljain6541 3 года назад +8

    In one of these what do you do for living videos, he asked a young girl what she does and she replied she has a trust fund ( she has like a mansion type house). So does that mean it's her won trust fund or passed on to her from her ancestors. Someone mind clearing this question and explaining more about the trust funds? Thanks appreciate it

    • @OneMinuteEconomics
      @OneMinuteEconomics  3 года назад +1

      Most likely a trust fund set up for here by her parents :)

  • @abrahamirl21
    @abrahamirl21 17 дней назад

    Beautiful cool . I think I got it. I think .

  • @dharma1234567891
    @dharma1234567891 3 года назад

    Thank you, for your amazing description of a trust fund

  • @zeezee7856
    @zeezee7856 Год назад

    I understand now and why so many are concerned for my safety. You should have spoken to me and made sue I was protected and still had access not just kept it from me while others been plotting behind the scenes the entire time. Now look at how many dishonest crazies are pretending to care. If you care so much why was I not in adequate housing, why would you lie and seem me crazy and incompetent knowing it was a lie? Why wouldn’t you team me with advisors and my family and put me in a winning situation and not leave me open to people trying to hurt us? It’s been years of trauma.

  • @artmeatj6620
    @artmeatj6620 11 месяцев назад

    Thanks

  • @FamilyMinimalism
    @FamilyMinimalism 4 года назад +8

    Probably a good video but the talking was too fast I couldn’t listen to it.

    • @OneMinuteEconomics
      @OneMinuteEconomics  4 года назад

      Sorry, I get carried away sometimes, so it's become kind of a meme that for some of my videos, RUclips's playback reduction setting is a blessing :)

  • @OneMinuteEconomics
    @OneMinuteEconomics  Год назад

    If you liked this video, I think you'll love my personal finance book (Wealth Management 2.0) that has been written specifically for today's ultra-complex investment landscape and is available over at:
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  • @OneMinuteEconomics
    @OneMinuteEconomics  4 года назад +1

    One Minute Economics needs your help! Please give me a minute (heh) of your time by watching the following video if you find the channel useful, literally anyone can help (either financially or by spreading the word about my work): ruclips.net/video/io04ckq1X1M/видео.html

  • @clipsocity.
    @clipsocity. 3 года назад +1

    If no one puts money in it how much will there be when I’m 18 ? (What’s the minimum amount as I know you make interest over the years ?) Born in late 2007 if date matters (Sep)

    • @OneMinuteEconomics
      @OneMinuteEconomics  3 года назад +1

      Impossible to provide a "one size fits all" answer, unfortunately :(

    • @clipsocity.
      @clipsocity. 3 года назад +1

      @@OneMinuteEconomics okay ty for replying

  • @marufhassan634
    @marufhassan634 3 года назад +1

    How is a trust fund different than a Will? Can you please explain

    • @OneMinuteEconomics
      @OneMinuteEconomics  3 года назад +1

      Hi Maruf, a will is simply a legal document that indicates how you would like things to be handled after your death, a trust fund involves taking things to the next level by not just indicating how you would like things handled but also creating a system to ensure it's done that way :)

  • @midhunanoop4034
    @midhunanoop4034 Месяц назад

    That's all good ! Are you in Finance, 6'5, Blue eyes ? 😂

  • @mmm77171
    @mmm77171 2 года назад +1

    What if something happens to the trustee you appointed? Can you get a co trustee or how does that work? What if you want to make modifications to the trust?

    • @OneMinuteEconomics
      @OneMinuteEconomics  2 года назад +1

      It's all up to you how many additional let's call them layers of redundancy you'd like to add :)

  • @Timbone07
    @Timbone07 5 лет назад +1

    Nice . Very good

  • @guts1748
    @guts1748 4 года назад +1

    Who’s here after buying DOGE coin? 😎🤝😎

  • @eyeamwema
    @eyeamwema Год назад

    Does it count if the videos only 1 minute because it’s playing at 1.5x?

    • @OneMinuteEconomics
      @OneMinuteEconomics  Год назад

      In terms of format spectrum, anything from 60 seconds to 119 seconds (one minute to one minute and fifty-nine seconds) goes :)

  • @paulmunoz394
    @paulmunoz394 4 года назад +3

    Was it me listening to slow or you talking too fast 😂🤣

    • @OneMinuteEconomics
      @OneMinuteEconomics  4 года назад +2

      The latter haha, I sometimes get carried away and it's become a bit of a meme around here that for some of my videos, RUclips's playback speed reduction tool is a blessing :)

  • @willygrags4367
    @willygrags4367 3 года назад +1

    I wanna make trust funds for my kids when I have some. That’s assuming I make enough money.

    • @OneMinuteEconomics
      @OneMinuteEconomics  3 года назад +1

      I wish you the best of luck in that endeavor Willy! :)

    • @willygrags4367
      @willygrags4367 3 года назад

      @@OneMinuteEconomics Thanks One Minute Economics

  • @skiphardstuff7444
    @skiphardstuff7444 Год назад

    You have sum bullet points . And knowledge, HOWEVER but this hapoen 5 days after your BIRTH CERTIFICATE is FILED . MILLION BOND is filed domestic and International. B. Fact that you is 3rd party interloper means NOT CLAIM.

  • @sabitaranibarman7117
    @sabitaranibarman7117 3 года назад +2

    0.75x it sounds normal

  • @chakraqi6887
    @chakraqi6887 Год назад +1

    Mob song

  • @kroto7451
    @kroto7451 3 года назад

    hopefully you invested in a new mic since this video

  • @masenyaolivia9705
    @masenyaolivia9705 4 года назад +2

    I'm a trust fund baby you can trust me

  • @Amplifymagic
    @Amplifymagic 3 года назад +1

    Example: Justin Trudeau

  • @CptEggman
    @CptEggman Год назад +1

    Too fast for that heavy accent