I Have $60,000 and Don't Know What To Do With It
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- Опубликовано: 27 дек 2022
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Investing in a Roth IRA can be a smart decision because they are funded with after-tax dollars, allowing your contributions to grow tax-free over time. When you withdraw money from your Roth IRA in retirement, you won't have to pay taxes on it, helping you retain more of your hard-earned money. I retired with $5 million.
If you’re new to investing or have a more complex financial situation, It can be helpful to work with a financial advisor who can provide personalized guidance and help you make informed investment decisions.
On the contrary, even if you’re not skilled, it is still possible to hire one. I am a project manager and my personal port-folio of approximately $750k took a big hit in April due to the crash. I quickly got in touch with a financial-planner that devised a defensive strategy to protect and profit from my port-folio this red season. I’ve made over $150k since then
My portfolio has been in the gutter for the entire year, so I started researching new ways to profit in the market, but everything I tried just seemed to miss the mark. Please let us know the name of your financial advisor.
Credits goes to " Sharon Lee Peoples" one of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.
I looked her up, and I have sent her an email. I hope she gets back to me soon. Thank you
I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? I'm in dire need of proper portfolio allocation.
"Rachel Sarah Parrish" 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 immediately. I looked through her credentials and did my due diligence before contacting her.
I began my investment journey at the age of 33, primarily through hard work and dedication. Now at the age of 38, I am thrilled to share that my passive income exceeded $5k in a single month for the first time. This success reinforces the importance of the advice mentioned earlier. It is not about achieving quick wealth, but rather ensuring long-term financial prosperity.
Investors 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.
I completely understand the impact of the new year on financial decisions-it's transformative. While I've found success in investing, especially with the guidance of my advisor, Rachel Sarah Parrish, I still appreciate the solid foundation i had. This principles align with the core values of financial discipline.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Just take a look at her full name on the internet. She is well known so it shouldn't be hard to find her.
I looked up her full name online and found her page. I emailed and made an appointment to talk with her; hopefully, she gets back to me.
My investments in stocks and crypto are not meeting my expectations. Any last minute tips to improve my situation and make more $$$? I really need some urgent advice
Keeping up with news sources like CNBC could help out
Just buy when prices are low and sell when prices rise
No lock on my side yet, just a sideways trend and a bear market crushing my portfolio. Need a bull run ASAP!
Buy more and hold onto it for the long term. Solana and Raydium seem good, and Dogecoin is worth considering too.
I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with
experience
This is definitely considerable! think you could suggest any professional/advisors I can connect with? I'm in dire need of proper portfolio allocation
When she said 3k for a car. The smile on Dave face was priceless.
Smiled like a proud Papa
Right? Love a young lady that buys a 3K car! My kind of person.
2:23 if you want to go there
Absolute classic
thats all you need,,,a car to get you from A to B thats reliable and dependable,,,i would rather own the car than to have a car payment that i could be investing instead.Its amazing how much people pay for a car payment and car insurance every month,,,100`s and 100`s of dollars every month and they finance it,,,smh
His smile quickly went away when he found out she was living with her boyfriend and was a SINNER!
I received advice to diversify my $2.5 million inherited portfolio across various assets like stocks and bonds for protection. My usual strategy of buy-and-hold doesn't seem suitable for the current market volatility, and I'm concerned about inflation impacting my portfolio. The looming worry is about ensuring survival post-retirement.
True, I mostly just buy and hold stocks, but my portfolio has been mostly in the red for quite awhile now. Unfortunately to be able to make good gains, you’ll need to be consistent and restructure your portfolio frequently.
In my opinion, it was much easier investing back in the 60s but it’s a lot trickier now, those making consistent profit in these times are professionals reason I’ve been using an advisor for the past 5 years to consistently build my portfolio in preparations for retirement.
My partner’s been considering going the same route, could you share more info please on the advisor that guides you?
Sonya Lee Mitchell maintains an online presence that can be easily found through a simple search of her name on the internet.
It's all about time horizon
This young lady is the poster child for making the right decisions. I don’t know if anybody else has told her this, but I am very proud of her!
Agreed & when she started to even consider ideas that would of turned into a mistake she called Dave for guidance. She will go far.
I'm proud of her as well mostly that she's a young lady with this great mindset.
I myself do love to save and invest as well. In spite of having a car worth of 15k, I have no consumer debt and have 250k worth of invests. Relationship can lead you to no so good decisions if you are involved with wrong person. I broke to my ex cause I relialized he was making spend alot and his wage was so little for the life style he wanted. Broke free and my finances are great.
She doesn’t pay taxes…
I agree! She is awesome ❤
She has an OnlyFans, I’m subbed to it
I used to think every investor lose out during inflation, meanwhile, some make millions. I also thought everybody went out of business during the Great Depression, but some went into business. The bottom line, there's always depression for some and profit for others, it all starts with having the right mindset. That said, I've set asides $250k to invest for the future, unfortunately, I'm a complete noob.
Bad year for me, META is down 40k, ALLP is down 35k, Draft Kings is down 6k, NIO is down 15K, ABML is down 8k, and my wife doesn’t know. I'm just hanging on to Jim Cramer's words about opportunities in volatile times so perhaps, I either wait for a recovery or pick profitable investments to substitute for my loss.
The market has gone insane! Whether you're a novice or a seasoned trader, everyone needs a coach at some time in order to thrive.
@@cleo975. Well agreed, that's the more reason I prefer my day-to-day market decisions being guided by an invt-coach, seeing that their entire skillset is built around going long and short term, at the same time laying off risk as a hedge against inevitable downturns, coupled with the exclusive information & analysis they get, it's near impossible to not out-perform. I've been using a coach for over 3 years, and my portfolio has yielded from an initial $500k to a ballpark estimate of $1.8m as of today.
@@janeanlittler ambitious! If you don't mind, could you tell me who is your coach? I've heard of coaching, an alternative to sending money out blindly, where investments are made in a personal trading account with the assistance of a professional advisor. Is this accurate?
@@janeanlittler curiously copied and pasted her full name on my browser, thankfully her site popped up at once, no bs at all, she seems very proficient.
$60K minus $15K for emergency fund = $65K ?? Sweet!!
Haha I had to replay it. like hold up here, does he math lol?
ONLY RACHEL TELLS DAVE HE IS WRONG 🤣🤣
I thought I heard it wrong and just tuned it out lol
@Tricycle Man Nope, she said 84 so that would be 69. Dave's clearly no accountant.
@Tricycle Man also, he literally said 60 k 5 seconds before. Dude's getting cloudy lol
I recently inherited almost $500k. I REALLY need to make this money work for me, and not just disappear over time. All roads have pointed to the equity market of some sort which is a good idea buh where else should I put money besides the equity/stock market?
Consider hiring financial advisors, estate planners or tax experts. They can provide specialized knowledge and help you navigate complex financial decisions.
Speaking with an advisor helped me stay afloat in the market and grow my portfolio to about 65% since January 2022, and in a couple months, I was able to earn over $350K in net profit They have strategies that are specifically suited to your long-term objectives and financial aspirations.
My partner’s been considering going the same route, could you share more info please on the advisor that guides you
I started out with a financial advisor called “Lisa Ann Moberly”. Her honest approach gives me complete ownership and control of my positions, and her rates are incredibly affordable given my ROI. However, do your due diligence before contacting a financial advisor.
I looked up the name and came across her web page, I went through her resume and I must say it was quite impressive. I reached out to her and I have scheduled a call with her.
Her parents must be so proud of this girl. wow, we need more kids like this. amazing!
60,000 in the bank. You have no debt. You're not in bad shape.
I'm so proud of this young lady. This just made me smile the whole time. You can tell she will listen to the advice given.
I don't know she even needs advice
@Buckwheat For all I know they are based on merit. If they aren't, so what - get involved with a scholarship program and change it - or - start your own - or - cry, moan, groan, complain about it.
Yes bless her little heart
Absolutely ❤
What a smart girl!
She was doing perfect until she saud "I'm thinking of going into business with my partner." LOLLLLL. NO, girl. Your partner knows you have money and wants it lol.
Exactly. RUN!
thanks for commenting.. text max for a life changing investment opportunity
No no no
Maybe her partner is in data science as well and has set aside funds - who knows - wish they would have asked her. Still she should never agree to any business with a 'partner'. No one should ever purchase real estate with a 'partner' unless it's a business first to protect each player. I watched too many people with partners get burned when one of the partners decided to walk - what a mess!
@@baldwinangel1218 Run Forrest Run 🏃♀️ 🏃♀️ 🏃♀️!
I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $200k gains with months, I'm really just confused at this point.
Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge
I agree. Based on personal experience working with an investment advlsor, I currently have $985k in a well-diversified portfollo that has experienced exponential growth. It's not only about having money to invest in st0cks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.
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?
There are a lot of independent advisors you might look into. But i work with Viviana Heather Lee Larioni and I have been working together for nearly four years, and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her.
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 follow and love your videos. sadly, it's been a while since i visited it has been a very rough year... i am experiencing one of the toughest phases of my life... Lost a fortune lnvesting in emerging companies. Hopeful, for a turnaround.
Hi Mike. Any ideas how to reach Gary Joe Wilde? I love the testimonies I have seen about him he seems not to own a video channel here.
The women is an example of why the rich get richer. It's a philosophy and a mind-set.
Yup and the poor stay broke by living like they are rich
Lottery winners go broke because people dumb enough to play the lottery are the ones dumb enough to lose it
@@Argedisfacts
The toughest thing to convince people is, Net Income - Spending = Savings, and she gets it! Elana is going to be just fine.
👆👆I will link you to something new profitable......👍
nope, revenue - expenses = net profit
@@uberhaxonova *burp
Great advice! Baby Steps WORK!!!!
Finance and Business books have been so helpful. I’m 55 and my wife 50 we are both retired with over $3 million in net worth and no debts. Currently living smart and frugal with our money. No longer putting blames on FED for our misfortunes. Saving and investing lifestyle in the stock market made it possible for us this early, even till now we earn weekly.
You have done great for yourselves. I understand the fact that tomorrow isn't promised to anyone, but investing today is a hard thing to do for me now because I have no idea of how and where to invest in. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.
That is so amazing, I’m trying to get onto the housing ladder at 40. I wish at 55 I will be testifying to similar success.
Heard many good recommendations about Stephanie Kopp Meeks by some YT channels, Seminars and other platforms
Thanks so much I was able to find her page and I already leave her a message.
The quickest way to make your first millions is to invest directly with an expert that is trustworthy and has made a name and individual billionaires, I'm surprised you know her too . Stephanie is Good!
Explanatory video, one that folks really need to watch. I’m 52, retired a while at 45. I have 35% of my capital invstments in an IRA, 25% in index funds, and the balance spread across other investment accts, in cumulative of over $ 4M. I receive income from my rental properties too. Zero debt and all is going accordingly. My financial consultant has been patient and has done a wonderful job for me throughout the years.
Living below ones means & investing before retirement especially can be difficult but it's necessary. I've made lots of money mistakes in the past but I don’t regret it as I've learnt from them. Now I’m just focusing on the s&p 500 and waiting for a few years.
@@schukerD Yeah that's a good path. You should focus on a good ETF of the s&p 500, relax back and watch it compound within the years. In good time you could be a millionaire.
In my case Klaus Cassius has helped me to do that proficiently. I'm not a guru so I don't really have experience in investment strategies. I work and my consultant does the rest.
❤
Congratulations 🍾🎉🎈🎊!
You've done an amazing job. How's retirement?
So interesting reading the comments. I was always this way since I got my very first job at 14. So interesting watching all the other videos of people in hundreds of thousands worth of debt for nothing.
I'm in a similar situation, but I've decided that I want to go into the stock market immediately. I read about someone who started with just $49k and made over $500k within about six months. Pondering whether to go solo or go through a mutual fund or a financial advisor.
It's really not as difficult as many people presume it to be. It requires a certain level of diligence, which is something ordinary investors lack, and so a financial advisor often comes in very handy.
The logic is literally self explanatory. How do I make five figures from the market monthly passively? You think I have a PhD in economics or whatever degree you need to invest? You could make a whole lot from the market than saving in this economy.
This sounds great. Is there a way I could connect with your advisor or any other whom you think is very good? I'll appreciate.
I suggest sticking with one who understands your short and long term goals. I'll personally recommend Sharon Louise Count because she's one I'm familiar with her strategy, but I'm sure there are other good ones, too.
That is veey much a not realistic return to try to attain. They got lucky. Hand picked probably just one stock and it sky rocketed. No one can predict the future. Which is why index related ETF's are the best way to invest. Slow consistent average growth year to year around the 10% area. Plus or mins 1-2%.
6:45 Did he just say "we oughta put the plan on tic tac?" Dave, you're awesome. :-D
Nice to see a young person be so smart about money! Great visualization vis-a-vis seeing the cash from her hard work and then noticing the effect on the "pile" when money is spent. Makes her think about wants vs. needs. Mutual funds are OK, but often come with fees of 1% (or even more). Plus you can't control the timing of capital gains distributions, which can be problematic come tax-time. As an alternative, she might consider low-fee ETFs with similar investment profiles (ie: growth, growth+income, etc). There are lots of high-quality ETFs out there...
Yes, I was kind of surprised that Dave is recommending mutual funds. ETF's really are the way to go. Probably a better answer for her would have been to start investing in ETF's with something like Vanguard, especially focusing on growth funds since she is so young that she can absorb a higher risk in investing.
Creating wealth is a game i liked Ramsey's advice thank you for your videos :)
"I wanted to have my hand full of money, rather than purchasing random stuff." Elena, Austin TX
This video was educative. I'm investing with a broker and compounding about 180k dividend with snowball effect.
Nice. My FA, Ann Marie Celentano handles my trades. My 100k has gradually grown to 660k since then.
I appreciate your recommendation.. I've searched on google for this lady you mentioned and I'm impressed. I was able to leave a message, hopefully she'll get back to me
@@Russs-fd6gz Dont fall for it. Lot of spams. Until and unless you know someone through contact dont go that route.
I know Ann, met her during a finance seminar in Washington. she now handles my trades as well as that of my friend. she is someone I recommend.
I'm in Stockholm Sweden 🇸🇪, can I trade with this Ann Marie Celentano too?
Dave “tic tac” Ramsey 😂😂😂. Shout out to the caller as well for doing so great!
👆👆I will link you to something new profitable.......👍
This girl sounds like she’s 13…great job!
How dare u!
Did she ever say how old she is?
@@claudiacanales2662 No, but she said she saved 'before' college and works as a Data Scientist, so she's definitely graduated. Probably around 23-25 years old.
Listen to Dave you don't need a partner
Absolutely. I needed to buy out my boyfriend to keep the property when we broke up, which I still have today. BUT, I could have purchased it myself back then.
What if you have kids and they are just stay at home?
@@FlaqkoGTA - This isn't directed only at you, but to anyone wondering about this: you don't have to put up with kids that just stay home. After a certain age they can be "emancipated" and kicked out; if there are kids that are hanging around the house and that's not what the parents want, then there is some level of emotional manipulation at play that is being held over the heads of the parents to make them "feel bad" about sending their kids out into the world. Today's children are taught to be master manipulators, and even though they could use that skill to make quite a bit of money, they decide that the low effort of staying at home is preferable; don't let yourself be manipulated by kids or by culture - enforce a standard of excellence in your household.
Invest in assets 💰📈 not in people. 🙅🏻♂️
Dave is totally right about buying a big asset (house, land, condos, etc) with a "partner" whose investment is their emotional support plus your $$$. This arrangement eventually goes south almost 100% of the time.
no doubt about it. and unfortunately, i do believe this girl is going to go thru with it anyway. while obviously exceptionally bright, she seems quite naive, too. hopefully the mess she gets herself into isnt too catastrophic
Is this mainly because the man isn’t working or does this apply to women as well? Let’s just say you have the money and she doesn’t ideally want both I assume? PS I have no opinion either way I’m just trying to see what people think and why
yep
@@shaokhan4421 the man is working.
You do not buy property with someone you are not married to because there is no clear way to back out of the joint ownership when you are not married.
If they were married and the relationship ended, there is a process that would divide up assets.
She should be a role model for other younger people. Talking finances shouldn't be a taboo subject especially if people like her can broadcast a great message like this
With around £120k invested in tech/TSLA stocks, any suggestions for additional stocks to diversify across various markets? Looking for a well-rounded portfolio that balances risk aversion with returns meeting yearly inflation concerns.
Prioritize two goals: strategically sell stocks to limit losses and maximize gains, and be prepared to capitalize on market shifts. Consult a financial advisor or professional for personalized guidance.
Since 2019, my portfolio has shown little growth. I'm considering consulting the advisor who assists you; I'm eager to enhance my retirement fund, especially as I plan to retire in three years.
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 would stick to the S&P500 index fund like vusa slowly put your money in once a week or monthly
Stop pumping tsla its way overvalued
Well done
I personally think investors should pay attention to under-the-radar stocks, especially considering the current stock market volatility. 35% of my $270,000 portfolio is made up of sinking stocks that were once respected, and I have no idea where to go from here.
To manage market risks responsibly, spreading investments across several asset classes such as bonds, real estate, and international stocks, it is vital to seek the advise of an expert.
Lots of individuals undervalue the function of advisors until they are burned by their own emotions. I remember a couple of summers ago, following my lengthy divorce, I needed a good boost to assist my business stay alive, so I looked for licenced advisors and found someone with the highest qualifications. Despite inflation, she has helped me increase my reserve from $275k to $850k.
i'm sincerely committed to securing a stable financial future and excited about taking part .
Maria Leticia Monroe is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
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.
Good job young girl. 👏🏾👏🏾👏🏾👏🏾👏🏾
👆👆I will link you to something new profitable.......👍
Sounds like a good problem I’m tryna have 🎉💯
Great Job young lady
Can't wait to check out that Tic Tac account Ramsey💸✊💀
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Grace Miller
she's mostly on Instagrams, using the user name
FXMILLER195 💯.. that's it
You didn’t lose until you hit the sell button
A lot of young people and even people up to age 39 don't save. This girl is amazing!
You are not young when are 40 LOL
@@6ixmanssleep wow you need to start working on your reading comprehension
“The only ship day DONT sail is a partnership “ automatic subscribe!!!
She is #1 !!!! Ramsey is 👍🏻👍🏻👍🏻👍🏻👍🏻
This caller has done amazing! Good cash flow and she had minimal overhead. Keep it going 🙂
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. A trader made over $350k in this recession influenced market
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a-lot of wealth transfer in this downtime if you know where to look.
If you lack market knowledge, seeking guidance or assistance from a consultant or investing coach is the most advisable step. Personally, consulting with an advisor aided me in navigating the market successfully, resulting in a portfolio growth of around 65% since January. Although it might seem like a straightforward suggestion, I firmly believe it's currently the most effective approach to entering the business arena.
@@maryHenokNft Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with this person
Do your homework and choose one that has strategies to help your portfolio grow consistently and steadily. *Camille Alicia Garcia* is responsible for the success of my portfolio, and I believe she possesses the qualifications and expertise to meet your goals.
I am going to look her up, I have about $81k i want to start with, might be small but it's better than nothing though. Since the 08 crash is playing out again.
Awesome work wonderful young lady! I am sending this video to my son now!
This woman does not need the baby steps..she is ahead of the game.
I love how he calls it a Tic Tac account.
Someone who can save money so awesome 👍
I just bought a 90K Ram Truck and my credit score is 888. Thanks Dave Ramsey!
She’s more disciplined then guys & me. She’s truly inspirational
Awesome! your potential seems timeless. Diversifying your income flow and chalking out a plan remains the smart way to prepare for the unexpected and the best way to grow and sustain wealth. 11yrs in investing space and extremely pleased with the decision I made.The good news is - it’s not too late.
Congrats! I'm fascinated with investing, as a single dad and juggling all these things are quite difficult. Invested $ in few sectors but haven't seen any profit yet. Do you think I'm missing out something?
@@KelvinCesar-bv8ow What I think everyone need is a Financial Adviser, who can help you get in and out of any investment at any time and you'd sure be in Profit
FLORENCE YAGODA, That's whom i work with>
RUclips is a public place; i can't drop her information here but You can just put her name on google and you will be directed to her website and drop her your message.
@@TamaraHagen Thanks so much I was able to find her page and I already leave her a message.
I'll hold on to it for you!
Great job young lady! Yes, we all need Tic Tac .... =)
I now grasp the concept of leverage. Creating wealth and financial freedom isn't as tough as many people believe. Building wealth and remaining financially stable indefinitely is a lot easier with the appropriate information. Participating in financial programs and products is the only true approach to make a high income and remain affluent indefinitely.
The first step to wealth creation, is figuring out your goals and risk tolerance - either on your own or with the help of a financial advisor. If you can get the facts about savings and investing with a well detailed plan, you should be able to gain financial security over the years and enjoy the benefits of managing your income.
You’re right! Working with a financial advisor will genuinely set you up for success in life. I’m delighted I was able to hire a financial advisor named Catherine Morrison Evans, earlier this year. Because while others were grumbling about the downturn in the financial markets due to the state of the economy, I was busy learning from her and eventually made over seven figures in the first quarter of the year.
@@ritalorrigan That's great, your financial advisor must be really good, I have seen testimonies of people using the help of financial advisors in making them more financially stable. I just discovered her exceptional resume when I made a google search of her names online. I consider it a blessing that I discover this comment area!
The secret to being successful from an investing perspective is to have an indefatigable, undying and unquenchable thirst for information and knowledge. Invest with a certified financial advisor and watch things turn around for good. I've learnt so much while investing with Catherine Morrison Evans, and i must say it's the best thing to do.
I've sold a property in Michigan and I’m considering investing the proceeds in stocks. With the current market optimism, I'm unsure if it's the right time to buy stocks and how long it will take for a full market recovery. I'm also puzzled by how some are making substantial gains of over $320k within months in the same market
While market opportunities exist, it's essential to avoid blind commitments . To grasp the factors influencing your financial growth, I recommend consulting a professional.
Absolutely. I had no investing experience, but I started investing before the pandemic and made around $800k in profit that year. The key was seeking professional advice.
It's remarkable, but considering my portfolio's current poor performance, I really do need their help. Could you please provide me with a way to contact a mentor ?
I owe credit to Stacey Lee Decker, she guided me through the entire process. You can easily look her up online and confirm her expertise. She possesses years of experience in the financial market.
Yes, 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. Thank you
2:29 Dave’s smiling so authentically
The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks. My $400,000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly appreciated.
Buy bitcoin
simple. buy more. the market is having a spring clearance $ALE. Also next time BTC has another massive correction, buy some & thank me later
I don’t even know her but I wanna hug her and tell her she’s doing an amazing job. She’s awesome.
What an amazing young woman!!
2:26 Ramsey BEAMING. This gal is amazing for accomplishing so much so young; good for her~~!!!!
Hope her partner realizes what a gem he has in her❤. Wish her the best!
There’s no “he”
She’s confused.
@@soonermagic24 Yeah, it might be a he especially with the term partner...
What makes you think he is a he?
@@truthserum5310 it doesn't matter if the partner is a he or a she.
But they should get married before purchasing property together.
This woman should do her own youtube videos.
Outstanding just outstanding
Well done, lady
Hit 70k today. I'm really grateful for all the knowledge and nuggets you had thrown my way over the last months. Started crypto trading with 5k in July 2023
That's awesome
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Rodriguez Powell. A widely known bitcoin, crypto consultant
A major distinction between winning and losing is using the right strategy and of course with signals like those of Rodriguez, profit is assured.❤
Mind if I ask you to recommend how to reach this particular coach you using their service?
He's mostly on Telegrams, using the user..
Listen to Dave don't buy no property with a boyfriend so called partner DON'T DO IT !!
Could be a girlfriend.
@@dr_pinna543 "partner" is a huge red flag
girlfriend
Yup, regardless of who it is...that's not something to do with ANY type of 'partner' these days. Heck, even some ppl in marriages shouldn't be doing business together.
I love how he keeps saying "Tic Tac" 🤣
She's great. I hope she listens to Dave.
how about a high yield, short term cd, most are paying around 5 to 6 % for 6 months
This video is a game changer, the 401k is good, because retirement choice determine a lot. My parents spent almost same number of years working desk job, but my mom was investing through a financial advisor Camilla Buck Merrick and my dad did the little he could by himself. My mom is retiring with over $5 Million, whereas my dad has little close to $700k. It is your choice on what you do, as for me, I will always go with the financial advisor.
I know very little when it comes to investing or trading. Earlier this year I tried all by myself but failed and lost all my investments. I want to gather all my savings to begin again. This time I don't want to lose my money. I need the assistance of a professional financial manager.
Investing and loosing your money is not a good experience at all. That is the reason I always tell beginners to seek assistance from those who has good experiences and have mastered their strategies.
I can see you have your own recommendation in your comment, what more can you tell us the beginners, hoping to do business with her.
@@KevinEvans-mq4ob NYCOLE CHRISTINA VANNATA is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I googled her name and found her website; I already sent her an email. Thanks.
This girl is gonna be a millionaire real soon, I’m trying to be just like her
Good job Elaina! 🎉❤
3:00 it will leave you with 45 thousand 😂
My husband and I also were sitting on a good amount of cash. Had one car we paid $1k for. And only our mortgage. So we went ahead and bought a new house and starting renting out the one we lived in. Always invest in real estate. Don't ever sit and wonder what to do with a load of cash. Real estate.
The wisest post I've seen thus far, you've given me food for thought
@@JB-ri6zp You're RIGHT! houses are like stocks now, both are down.
And you're ill prepaired to capitalise this opportunity.
Timing is important.
@@dls951 houses are sky high now!
@@kennethboehnen271 so is everything else, whats your point?
I just want my money to keep outgrowing the inflation rate. That’s why I'm looking for companies now to invest my $120k savings. Just don't know strategies to employ to make significant gains
Chose quality stocks and follow them up. If you're not one for such complexities, hire a wealth manager to grow your money. I use the latter. Pulled in more than $46k in the last two months alone.
Having an investment advisor is the best way to go about the stock market right now. I used to depend on RUclips videos but it wasn't working. I’ve been in touch with an advisor for a while now, and just last year, I made over 80% capital growth minus dividends.
I wouldn’t mind getting in touch with your advisor. In few years I will retire and my portfolio will definitely need some management.
Rachel Sarah Parrish is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Wow, her track record looks really good from what I found online. I'll take a chance and see how it goes. Thanks for the info
I have a suggestion where you can put it
Thanks for your help!
I agree that the stock market is an excellent way to generate passive income. I've heard of numerous investors generating more than $40,000 per month. how can i enter the market and diversify my portfolio?
It's hard 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.
How about you recommend your financial advisor, please? I could really use some help.
I looked her up online and found her website, which I reviewed and went through to learn more about her credentials, academic background, and employment. She has a fiduciary duty to protect my best interests. I set up a call with her so I could use her services.
Save & invest continually. Say bye bye to mental stress and hello to SECURITY.
"The only ship that won't sail is a partnership."
It's funny how Dave's interpretation of "partner" was the correct one.
Stocks are falling and bond yields are rising, but markets still don’t seem convinced the Federal Reserve will pursue plans to keep increasing interest rates until inflation is under control. I'm still at a crossroads deciding if to liquidate my $117k stocck portfolio, what’s the best way to take advantage of this bear market?
Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Finding financial advisors like ‘Vivian Carol Gioia’ who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
I find this informative, curiously explored Vivian on the web, spotted her consulting page, and was able to schedule a call session with her, she shows quite a great deal of expertise from her resume.. very much appreciated
Dave old school with the ticTacs 🤣🤣🤣🤣
Way to go!!
1. Either pay off your mortgage in full
Or
2. Invest the entirety of it, maybe less 5k of it as emergency fund money into the stock market.
What a beautiful young woman! Keep grinding sister!
how do you know what she looks like over the phone ?
@@mbank3832 By being a simp
@@mbank3832 I'm assuming he means her mindset and personality. That's important and a form of beauty as well ya know 🙂
@@wanderingdoc5075 simping over a voice, now that’s what desperation looks like
@@mbank3832 I love her. She sounds rich. Can I marry her 😂🙈🙈🤣?
She was what is right with the financial world.
I would like to see how it does on tic tac
Use a contract, If you are going to buy a home with someone, do it as a legal and binding agreement. USE an attorney!
Shouldn't do anything unless they are married.
This is the type of women young men should be looking for. She will help you build.
Used the word "partner" that could mean many things. None of them good for girlfriend material for a young man.
No, this is NOT the type of "woman" men need to look for today. She refuses to use any word other than "partner" for her relationship. Huge red flag.
@@rnt45t1 BIG red flag
Using the term "partner" is so cringe.
Why do you need a woman to help you build? Why can't you build it yourself like she did?
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
@@user-rw6eu8rm8v Alice Marie Coraggio is her name .
Lookup with her name on the webpage
Good responsible young woman
Hi Dave
Congratulations to her 🎉
Sell the “partner”
SELL THE CAR!!!!!!
Take Daves advice to Heart.. Don't buy property with someone your not married to. My ex and I sold our home almost 5 decades later and split it down the middle. She was talked into "investing" in several acres with a large home far away with a son. They asked me, do you want to invest with us ? I said no. She asked me later, do you want to buy a home with me ? "Thinking mentally," are you kidding ??? I said no. I can't live with either of them. She invested up front, the majority of her share from our home into "their" investment. She's regretting it. A year later she came back to our State, got a job at her old place. Better pay and position fortunately but with no steady nor pleasing place to live and is having to save all over again as a Senior. With no income, he's constantly spending and rebuilding with his declining savings. I bought a 4 year old Tundra with cash and owe nothing to anyone but rent. My only concern is where and how to invest what I have and where to move eventually, while staying in contact with our offspring. Always remember, Put your trust in No man 5/29/2024
Buy a foreclosed commercial building and lease it out. You can purchase a million dollar commercial building at an auction about about 60k.
You can also buy a 200k for about 25k at a auction. Sell it for a profit. Don’t rent residential properties.
It’s probably not as easy as it seems
“Business opportunities are like buses, there’s always another one coming.” - Richard Branson. This quote always reminds me of there are enough opportunities to grow in 2023... a fellow creator...~~~