Don't Fall for the Myth that You Can't Get At Least 10% Returns on Your Investments

Поделиться
HTML-код
  • Опубликовано: 15 июл 2024
  • For some reason, there is a common misconception that 10%+ returns on your investments is unachievable. There are two types of people perpetuating this myth: (1) financial advisors and (2) people who have never averaged 10% returns.
    You don't have to take unnecessary risks to achieve an average of 10% returns each year. Watch this video to understand what types of investments you should be considering if you want to increase your returns intelligently.
    Video Contents:
    00:00 - Intro
    03:14 - My Investment Philosophy for Getting 10%+ Returns
    10:16 - Using DRIP Elections to Avoid Cash Drag
    11:46 - Asset Classes I Invest In to Get 10%+ Returns
    ⚠️ Exercise caution before using this strategy. Do your own research and make sure you fully understand the risks you are undertaking!
    💡 I do not work with clients or offer any consulting services. If you want to learn more about the best tax and investment strategies, subscribe to my channel and check out these courses ▶️ sharonwinsmith.com/courses/
    The information provided in this video is owned by Winsmith Tax LLC and is solely for informational and educational purposes. It is not intended as investment, legal, or financial advice. Always consult with a professional familiar with your unique situation, or conduct your own research before making any decisions. We might receive commissions for recommending certain products or services.

Комментарии • 34

  • @benjaminpatel4187
    @benjaminpatel4187 16 дней назад

    Your channel is way underrated. Might be for the better tbh

  • @fandango5900
    @fandango5900 Месяц назад

    Completely agree. Get the word out!

  • @TinkerToFIRE
    @TinkerToFIRE 7 месяцев назад +3

    Thank you for the video. I am still working on building up the ETF baseline. I have had success picking quality stocks over the last few years but locking in the gains and creating a tax event doesn't seem efficient at scale. I cut all my individual stocks for low cost ETFs to implement the Buy Borrow Die strategy. I appreciate all your knowledge!

    • @sharonwinsmith
      @sharonwinsmith  7 месяцев назад

      Thank you for watching! Best of luck to you!

  • @TheQuixoteuno
    @TheQuixoteuno Месяц назад

    Super solid financial info. Greetings from Tenerife.

  • @ELconomics101
    @ELconomics101 7 месяцев назад +3

    Understanding taxes really help me on this entrepreneur journey

    • @sharonwinsmith
      @sharonwinsmith  7 месяцев назад +3

      💯

    • @rajarchanagarre7306
      @rajarchanagarre7306 7 месяцев назад

      @@sharonwinsmith Would you be willing to help me evaluate businesses to take over?

    • @sharonwinsmith
      @sharonwinsmith  6 месяцев назад

      I don't do any consulting work anymore but thank you for asking!

  • @Michellexxx111
    @Michellexxx111 5 дней назад

    Love your videos. Great info. Thank you

  • @MrDomemi
    @MrDomemi 7 месяцев назад +6

    I love your content and how relatable that is to me. I am very intrigued by how you go strong about business as a wealth creation pillar, it would be great if you can have a dedicated video about how people can go about it. Thanks again and keep the excellent content up!

    • @sharonwinsmith
      @sharonwinsmith  7 месяцев назад +2

      Thank you! I will put that on the list!

  • @chayden1402
    @chayden1402 7 месяцев назад +1

    Great advice and points.

  • @GrayEwing
    @GrayEwing 2 месяца назад

    What do you think about mortgage note investing for non accredited investors? Seems like 14-15% is pretty achievable for yields. Of course you are getting return on principle so you have to be diligent about reinvesting to compound.

  • @willsketchesmusic
    @willsketchesmusic 6 месяцев назад +1

    Great video. Just wondering if you’re a Buffett disciple, but don’t invest in individual stocks, would you make an exception for BRK.A?

    • @sharonwinsmith
      @sharonwinsmith  6 месяцев назад +3

      I would never invest in individual stocks, especially one that was heavily reliant on the expertise of a 90+ year old (even if he is the goat).

  • @ELconomics101
    @ELconomics101 7 месяцев назад +2

    Good afternoon happy Sunday coach!!

  • @ELconomics101
    @ELconomics101 7 месяцев назад +2

    Yes 2yr bonds ROI% is higher than 10yr notes which is crazy to me SMH

    • @sharonwinsmith
      @sharonwinsmith  7 месяцев назад +1

      You know my thoughts on bonds 😂

    • @ELconomics101
      @ELconomics101 7 месяцев назад +1

      Yes ma'am 😂

    • @sharonwinsmith
      @sharonwinsmith  7 месяцев назад

      😂😂

    • @MrDomemi
      @MrDomemi 7 месяцев назад +1

      Well.....the yield curve inversion isn't an absurd concept though.

    • @phmg7516
      @phmg7516 Месяц назад

      No so absurd if you know what you talking about

  • @vincentantonyraj782
    @vincentantonyraj782 2 месяца назад

    How do I contact you? I need to get my financial situation back on track

  • @innerscorecard9433
    @innerscorecard9433 Месяц назад

    Buffett is holding over 100B in cash/bills right now. How come?

    • @crispisauce
      @crispisauce День назад

      He's going to buy when there's a crash.
      Also he's too big to buy most companies, he would push up the price so much that if he tried to sell the price would crash.
      Maybe he could do the S&P 500, but he's a stock picker.

  • @JoeSmith-jd5zg
    @JoeSmith-jd5zg 7 месяцев назад +1

    Hahah @7:50, that's exactly when I tell the doomsdayers! You'll have much bigger problems than the collapse of the stock market.

    • @sharonwinsmith
      @sharonwinsmith  6 месяцев назад +1

      Absolutely! I can't imagine a scenario where the financial markets have completely collapsed and I'm thinking - thank god I have those bonds. 🤷‍♀️

  • @phmg7516
    @phmg7516 Месяц назад

    Well getting 10 % is extremely easy
    Buy S&P 500 and sell 1 year calls and boom you got already close to 15 % , do the poor man strategy and make more than 20 %
    Same for qqq
    Buy TLT at 4 % and sell one year call boom 10 %
    Buy any reits and sell calls
    Buys any dividend yield stock and sell one year calls
    Etc….
    I don’t even start with high probability spreads
    😂😂😂
    10% is child plays