Woah for real? I'm super excited. juliana strategy has normalized winning trades for me also. and it's a huge milestone for me looking back to how it all started
Creating wealth and gaining financial freedom isn’t as difficult as lots of people think. Through the right information, building wealth and staying financially stable forever is way easy. Investing is the only true way to earn a great income and staying wealthy forever..
The first step in creating wealth, 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 glad I was able to hire a financial advisor “Natalie Lynn Fisk earlier this year since while others were complaining about the downturn, I was busy cashing out from my investment, eventually making over seven figures in the first quarter alone…
Your advisor really seem to know this stuff. I found her web-page online when I google up her full names, read through her resume, educational background, qualifications and it was really impressive. I left her a note and booked a call session with her hoping she gets back to me soon
Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals. you have to contend with inflation, recession, decisions from the Feds and all. I was able to increase my portfolio by $289k in months. You have to seek for help in the right places.
I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value
This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a US-based finance consultant and everything changed. In in the first quarter of this year i made $370k and counting.
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
Finding financial advisors like Margaret Johnson Arndt 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.
Rather of relying on penny stocks, I wish to diversify my assets by investing in ETFs/index funds/mutual funds and stocks of corporations with stable cash flows. I received $400k from the selling of my property. What should I do?
Remember that investing in the market carries risks, and it’s important to do your own research and consult with a financial advisor before making any investment decisions.
With the help of an investment advisor, I was able to diversify my $550K portfolio across multiple markets, and in just a few months, I was able to earn over $950K in net profit from high dividend yielding stocks, ETFs, and mutual funds
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.!!
I started out with an FA named Stephanie Kopp Meeks Her honest approach gives me complete ownership and control over my position, and her rates are incredibly affordable given my ROI.
I just googled her name 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 call.!!
Taking early notes from Warren as to the importance of sound asset diversification and risk management It can’t be overstated. I’ve been trying to grow my portfolio of $300K for sometime now, I would greatly appreciate any other suggestions.
It's more challenging to create a strong financial portfolio, so I advise you to get help from a professional. You can then receive strategies that are specifically suited to your long-term objectives and financial aspirations.
Quite true! You don't necessarily need to be a flawless investor; all you need to do is seek advice from an expert. I began investing in 2016 and pulled a profit of roughly $900k that same year despite having no prior investment knowledge.
My consultant is Nicole Desiree Simon She has since provide entry and exit points on the securities I focus on. You can look her up online if you care for supervision.
I just checked her up online, and I must admit that she has an extremely outstanding experience in investment. Thanks for sharing. I'm going to send her an email right away
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly
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
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $508k in just the past two quarters. 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 choi
that's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s your financial advisor or coach, do you mind hooking me up?
I've actually been thinking of reaching a portfolio-adviser, my 401k and stocks been losing everything it's gained since 2019, mind if I looked-up this one coach you use?
Honestly, How can I be part of this project I earnestly hope to build a strong financial future I'm interested to take part, who's the person behind your success?
Great video, as people earn more money they have to be careful of lifestyle creep and not just spend the extra money they earn as time goes on. Living below your means is key.
As someone who didn't fully understand the snowball accumulation in a 401k with index funds through most of my life, I am still mixed on my actions of saving big cash, as opposed to investing more when I was younger. I saved up and basically bought my house cash. I calculated I only spent $2,100 total on my mortgage interest with a small mortgage loan after 68% down payment, paying it off in 3 years. I'm well aware if all that money had went to my 401k from the previous 13 years of saving cash, it would've been exponentially higher in compound interest later on. But, I know me. I really loved not having the stress of a huge mortgage loan. But a part of me kind of regrets not investing all that early on, instead of saving cash.
“Most people’s income grows with time” and there’s the rub for some people. I needed to be making my current income about 15 years ago. Now that I’m here, I need to be making about 20k a year more now than I do. A second job isn’t realistic. Raises are few and far between! A 3% raise doesn’t help much when we just had 9% inflation last year and 5% this year. Still waiting to see if I can get that 3%. Hasn’t showed up yet. I’m glad other people are killing it. In my 40s, I am not.
Absolutely, I know it’s prob not viable as you may have family/kids but the move nowadays is to literally live below your means.. I’m talking sell everything and invest in a new truck with a canopy and live out of it, cheap gym for showers and only eat from grocery stores. Do this for a few years and heavily invest every last dollar into the market and then resume your normal life again after a few years, you’ll be surprised with the head start but.. who wants to do that?
@@d_all_in Agreed. It can be easier to say than do, but it’s necessary in many cases. I’m surprised at the number of people I see working as a cashier at Dollar General or as a waiter/waitress. Those jobs are not bad for a young person entering the workforce, and not bad for a retiree wanting a little extra income. But you don’t stay there all your life earning minimum wage. It’s stagnation to work the same low paying job your entire life.
As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. I do have about $70k amount of capital to start up but I have no idea what strategies and direction I need to approach to help me make decent returns
Invest if you actually want to be wealthy. However, you should get guidance from a financial advisor if you want to create a successful long-term plan….
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 awhile now mostly and I made over $800K within a short time
Do your due diligence and opt for one that has tactics to help your portfolio continue consistent and steady growth. "Helene Claire Johnson" is accountable for the success of my portfolio, and I believe she has the qualifications and expertise to accomplish your objectives.
This is useful information; I copied her full name and pasted it into my browser; her website popped up immediately and her qualifications are excellent; thanks for sharing.
If you can find a like-minded spouse, that is amazing. Most people LOVE debt and putting on an image for strangers or to feed their own fragile ego. Having a spouse that has greater ambitions than getting drunk at the club on the weekend, retail therapy addicts, car snobs (my ex included), or doom spenders is relatively rare and should be cherished. Most people suck with money. Case and point: the car repos skyrocketing, record credit card debt, and the student loan debt crisis. These situations didn't spontaneously happen, they were deliberate actions done by people who didn't know or didn't care about the consequences (regardless of the reasons the outcome is the same).
You go through stages in life. I've always contributed to my work 401k. When I bought my first house any extra money was spent fixing it up. Then I got married and had kids, there went that extra money. Outgrew that 2-bedroom house and had to buy a 3 bedroom house. Then you make financial sacrifices for your wife and kids. Now I'm getting near retirement and finally paid off my house. Only now do I have extra money (besides my 401k contributions) to sock away into investments.
People don't realize that the money you gain from appreciation is lost through the interest you're paying on your mortgage. If mortgage at 3.7% or higher, it means you're paying double the amount the cost of the house in 30 years. So unless someone is renting your rooms and paying your mortgage for you you're not gaining appreciation. Unless you pay cash
@@ChrisInvests yes I agree it's still better than throwing your money away in rent. The best solution would be to pay your mortgage off as fast as possible to avoid paying high interest on your principal.
@@blackspiderman1887 Well yes but no the best seems like paying cash. If I understood you correctly: "you're not gaining appreciation. [on your house] Unless you pay cash." Also getting renters that can, will, and do pay thousands of dollars for housing is very difficult because everyone needs a place to live which means they want access ever if they are not able to afford the price!!
@@donaldlyons17 Correct. Your house will be gaining appreciation but you're losing that appreciation in the interest you are paying on your loan. Either pay cash or have a huge down payment and pay off the house as soon as possible.
Snowball works in real estate too. I will have a rental property paid off soon, things will move faster and faster allowing me to buy more quicker and quicker. Especially now that my home is now paid off. I have 3 units now, can't wait to get more.i have a 50k line of credit just sitting in the bank i can use for a down payment too. Paid 93k for my hpuse now it's worth 230k. Oh and I've been divorced for 23 years, stay single fellas....
Very informative video. Everyone should take care of their own finances, which includes learning and thinking, but that’s what our society seems to have forgotten.
The greater the automated income you can build, the freer you will become. Taking the first step is the hardest, but 5 houses later living off automated income since July 6, 2016. You’ve got to start taking steps to achieve your goal.
The ONLY solid investment I have going on is my 401(k) which I am in the fortunate position to be maxing out currently, but I find it really difficult, especially right now, to invest beyond that. It's disappointing really, because it leaves me 0 option to retire early, as the penalties and fees for doing so through that plan are pretty damn severe......
some millennials fail to do one thing right which is INVEST. I made my first million from an asset allocation fund using a FA so i invested and re-invested my profits...i also acquired large amount of high-quality dividend-paying stocks too that gives me a solid base of passive income.ever grateful to Susan Kay Mack , two years now and she still surprises me
🎉🎉 to you for the success, miss. However, as also a millennial, I do sympathize to how my peers were all bunched and pressured by competition over and over in the public, so in the traditions to be a crowd pleaser and expecting for going somewhere, they threw themselves into such impulsive wasteful habits to catch up and hooking for absurd returns in some opportunities which turned out to be scammed or the market crashed. Some tragedies had taken place among my old classmates at any reunions, just because of the cruelty to keep up with the Joneses
Life is all about perspective, read your sentence another way. It's only been a decade, and even though things are moving slow, there has been noticeable progress. On average, invests double every seven years, that's why it's important to start early, and add in as much as possible.
Depends on what a decent income is and how soon you want to retire. You can play with an investment returns calculator to see if it's sufficient for your goal.
It depends entirely on the income you want in retirement. A generic guide is 20% of gross, so you should increase your savings rate to replace ~80% of current income. If you made ~100k, I’d say you’re on target.
Now is a perfect time to test your ideas. If you are unable to invest try paper trading. Test what would happen if you invested in dividend stocks. See what happens if you invest in risky stocks. Learn what worked and what doesn't for building your money. Then you would have a headstart and better understanding than most over you can start investing. Best to not be too risky with real money though, learn what works first.
The astroturfing for financial advisers in the comments section is getting out of hand. Literally have to scroll down twenty comments to get to real conversations.
if you do not need the money for the next 20 years, you want market to crash so you can buy them at a discount. Just DCA index fund ETF with low expense cost and you are good
Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 17k in last month 2024.
Wow that's huge, how do you make that
much monthly?
I'm 47yrs and have been looking for ways to be successful, please how? Love from Puerto Rico
Sincerely speaking. I will continue to trade and stick to expert juliana'' daily siignals and guides as long as it works superb for me.
Woah for real? I'm super excited. juliana strategy has normalized winning trades for me also. and it's a huge milestone for me looking back to how it all started
Though I started with as low as $6,200 AUD actually because it was my first time and it was successful, She's is a great personality in Australia
Creating wealth and gaining financial freedom isn’t as difficult as lots of people think. Through the right information, building wealth and staying financially stable forever is way easy. Investing is the only true way to earn a great income and staying wealthy forever..
The first step in creating wealth, 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 glad I was able to hire a financial advisor “Natalie Lynn Fisk earlier this year since while others were complaining about the downturn, I was busy cashing out from my investment, eventually making over seven figures in the first quarter alone…
Your advisor really seem to know this stuff. I found her web-page online when I google up her full names, read through her resume, educational background, qualifications and it was really impressive. I left her a note and booked a call session with her hoping she gets back to me soon
Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals. you have to contend with inflation, recession, decisions from the Feds and all. I was able to increase my portfolio by $289k in months. You have to seek for help in the right places.
I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value
This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a US-based finance consultant and everything changed. In in the first quarter of this year i made $370k and counting.
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
Glad to have stumbled on this conversation. Please can you leave the info of your investment advisor here? I’m in dire need for one.
Finding financial advisors like Margaret Johnson Arndt 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.
Rather of relying on penny stocks, I wish to diversify my assets by investing in ETFs/index funds/mutual funds and stocks of corporations with stable cash flows. I received $400k from the selling of my property. What should I do?
Remember that investing in the market carries risks, and it’s important to do your own research and consult with a financial advisor before making any investment decisions.
With the help of an investment advisor, I was able to diversify my $550K portfolio across multiple markets, and in just a few months, I was able to earn over $950K in net profit from high dividend yielding stocks, ETFs, and mutual funds
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.!!
I started out with an FA named Stephanie Kopp Meeks Her honest approach gives me complete ownership and control over my position, and her rates are incredibly affordable given my ROI.
I just googled her name 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 call.!!
Taking early notes from Warren as to the importance of sound asset diversification and risk management It can’t be overstated. I’ve been trying to grow my portfolio of $300K for sometime now, I would greatly appreciate any other suggestions.
It's more challenging to create a strong financial portfolio, so I advise you to get help from a professional. You can then receive strategies that are specifically suited to your long-term objectives and financial aspirations.
Quite true! You don't necessarily need to be a flawless investor; all you need to do is seek advice from an expert. I began investing in 2016 and pulled a profit of roughly $900k that same year despite having no prior investment knowledge.
Due to the significant falls, I need advice on how to rebuild my portfolio and develop more successful tactics. Where can I find this advisor?
My consultant is Nicole Desiree Simon She has since provide entry and exit points on the securities I focus on. You can look her up online if you care for supervision.
I just checked her up online, and I must admit that she has an extremely outstanding experience in investment. Thanks for sharing. I'm going to send her an email right away
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly
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
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $508k in just the past two quarters. 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 choi
that's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s your financial advisor or coach, do you mind hooking me up?
I've actually been thinking of reaching a portfolio-adviser, my 401k and stocks been losing everything it's gained since 2019, mind if I looked-up this one coach you use?
Honestly, How can I be part of this project I earnestly hope to build a strong financial future I'm interested to take part, who's the person behind your success?
Great video, as people earn more money they have to be careful of lifestyle creep and not just spend the extra money they earn as time goes on. Living below your means is key.
As someone who didn't fully understand the snowball accumulation in a 401k with index funds through most of my life, I am still mixed on my actions of saving big cash, as opposed to investing more when I was younger. I saved up and basically bought my house cash. I calculated I only spent $2,100 total on my mortgage interest with a small mortgage loan after 68% down payment, paying it off in 3 years. I'm well aware if all that money had went to my 401k from the previous 13 years of saving cash, it would've been exponentially higher in compound interest later on. But, I know me. I really loved not having the stress of a huge mortgage loan. But a part of me kind of regrets not investing all that early on, instead of saving cash.
You can have regrets no matter what you do. At least you have a home!
Some people are regretting not investing for retirement AND not buying a house.
You’re way ahead regardless. I paid off my home before seriously investing too. Best decision ever!
“Most people’s income grows with time” and there’s the rub for some people. I needed to be making my current income about 15 years ago. Now that I’m here, I need to be making about 20k a year more now than I do. A second job isn’t realistic. Raises are few and far between! A 3% raise doesn’t help much when we just had 9% inflation last year and 5% this year. Still waiting to see if I can get that 3%. Hasn’t showed up yet. I’m glad other people are killing it. In my 40s, I am not.
9%, 5%? Try 30% lol
Absolutely, I know it’s prob not viable as you may have family/kids but the move nowadays is to literally live below your means.. I’m talking sell everything and invest in a new truck with a canopy and live out of it, cheap gym for showers and only eat from grocery stores. Do this for a few years and heavily invest every last dollar into the market and then resume your normal life again after a few years, you’ll be surprised with the head start but.. who wants to do that?
You could look for a new job, just saying.
@@d_all_in Agreed. It can be easier to say than do, but it’s necessary in many cases. I’m surprised at the number of people I see working as a cashier at Dollar General or as a waiter/waitress. Those jobs are not bad for a young person entering the workforce, and not bad for a retiree wanting a little extra income. But you don’t stay there all your life earning minimum wage. It’s stagnation to work the same low paying job your entire life.
As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. I do have about $70k amount of capital to start up but I have no idea what strategies and direction I need to approach to help me make decent returns
Invest if you actually want to be wealthy. However, you should get guidance from a financial advisor if you want to create a successful long-term plan….
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 awhile now mostly and I made over $800K within a short time
How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings
Do your due diligence and opt for one that has tactics to help your portfolio continue consistent and steady growth. "Helene Claire Johnson" is accountable for the success of my portfolio, and I believe she has the qualifications and expertise to accomplish your objectives.
This is useful information; I copied her full name and pasted it into my browser; her website popped up immediately and her qualifications are excellent; thanks for sharing.
If you can find a like-minded spouse, that is amazing. Most people LOVE debt and putting on an image for strangers or to feed their own fragile ego. Having a spouse that has greater ambitions than getting drunk at the club on the weekend, retail therapy addicts, car snobs (my ex included), or doom spenders is relatively rare and should be cherished. Most people suck with money. Case and point: the car repos skyrocketing, record credit card debt, and the student loan debt crisis. These situations didn't spontaneously happen, they were deliberate actions done by people who didn't know or didn't care about the consequences (regardless of the reasons the outcome is the same).
You go through stages in life. I've always contributed to my work 401k. When I bought my first house any extra money was spent fixing it up. Then I got married and had kids, there went that extra money. Outgrew that 2-bedroom house and had to buy a 3 bedroom house. Then you make financial sacrifices for your wife and kids. Now I'm getting near retirement and finally paid off my house. Only now do I have extra money (besides my 401k contributions) to sock away into investments.
Been investing since I was 19 and this is really true how compounding is insane .
People don't realize that the money you gain from appreciation is lost through the interest you're paying on your mortgage. If mortgage at 3.7% or higher, it means you're paying double the amount the cost of the house in 30 years. So unless someone is renting your rooms and paying your mortgage for you you're not gaining appreciation. Unless you pay cash
True but what if your mortgage and other costs are the same as what you'd be paying in rent?
@@ChrisInvests yes I agree it's still better than throwing your money away in rent. The best solution would be to pay your mortgage off as fast as possible to avoid paying high interest on your principal.
@@blackspiderman1887 Well yes but no the best seems like paying cash. If I understood you correctly: "you're not gaining appreciation. [on your house] Unless you pay cash." Also getting renters that can, will, and do pay thousands of dollars for housing is very difficult because everyone needs a place to live which means they want access ever if they are not able to afford the price!!
@@donaldlyons17 Correct. Your house will be gaining appreciation but you're losing that appreciation in the interest you are paying on your loan. Either pay cash or have a huge down payment and pay off the house as soon as possible.
That's my problem! I haven't made progress in my career!! Who'd have thunk it....
Snowball works in real estate too. I will have a rental property paid off soon, things will move faster and faster allowing me to buy more quicker and quicker. Especially now that my home is now paid off. I have 3 units now, can't wait to get more.i have a 50k line of credit just sitting in the bank i can use for a down payment too. Paid 93k for my hpuse now it's worth 230k. Oh and I've been divorced for 23 years, stay single fellas....
So true I love Real estate and definitely stay single
Glad it's working out for you!
Very informative video.
Everyone should take care of their own finances, which includes learning and thinking, but that’s what our society seems to have forgotten.
I totally agree
The greater the automated income you can build, the freer you will become. Taking the first step is the hardest, but 5 houses later living off automated income since July 6, 2016. You’ve got to start taking steps to achieve your goal.
The ONLY solid investment I have going on is my 401(k) which I am in the fortunate position to be maxing out currently, but I find it really difficult, especially right now, to invest beyond that. It's disappointing really, because it leaves me 0 option to retire early, as the penalties and fees for doing so through that plan are pretty damn severe......
This is great and much appreciated! Thank you sir!
some millennials fail to do one thing right which is INVEST. I made my first million from an asset allocation fund using a FA so i invested and re-invested my profits...i also acquired large amount of high-quality dividend-paying stocks too that gives me a solid base of passive income.ever grateful to Susan Kay Mack , two years now and she still surprises me
impressive! love the strategy
I did read about Susan Kay Mack on the web., quite a great resume she has
I am going to sit back and observe how this all plays out, adding more stocks a little at a time.
Did a quick web search, she has a pretty decent bio, I wrote her and I'm waiting on her reply.
🎉🎉 to you for the success, miss. However, as also a millennial, I do sympathize to how my peers were all bunched and pressured by competition over and over in the public, so in the traditions to be a crowd pleaser and expecting for going somewhere, they threw themselves into such impulsive wasteful habits to catch up and hooking for absurd returns in some opportunities which turned out to be scammed or the market crashed. Some tragedies had taken place among my old classmates at any reunions, just because of the cruelty to keep up with the Joneses
It's been well over a decade. I'm still waiting to see the snowball effect. There is progress, but the progress feels so slow.😮💨
Life is all about perspective, read your sentence another way. It's only been a decade, and even though things are moving slow, there has been noticeable progress.
On average, invests double every seven years, that's why it's important to start early, and add in as much as possible.
It's always realllllly slow to begin
It’s takes about 15 years in when the “wow” moment hits you with investing. Keep contributing each month your breakthrough is right at the door
Epic video and breakdown 🙏🙌🏾👏🏿🇺🇸👊🏽💪🏾❤️🇺🇦thank you!!
Max put 401k ($23,000) everything extra goes to savings and paying down debts.
Would saving 22k a year be considered pretty good if I’m just trying to retire with a decent income from it? Currently at 300k @ age 41.
Depends on what a decent income is and how soon you want to retire. You can play with an investment returns calculator to see if it's sufficient for your goal.
@@ordinaryhuman5645 like 80k a year
It depends entirely on the income you want in retirement. A generic guide is 20% of gross, so you should increase your savings rate to replace ~80% of current income. If you made ~100k, I’d say you’re on target.
Play around with a compound interest calculator
You will definitely a millionaire by 50 at that rate so long as you don’t take on any debt in the meantime
Inflation has entered the chat
Nice video 😊
Thanks for watching!
I am 14 I am thinking about investing but don’t know how to can you help me
you have to wait till 18, or get parent or someone you trust to invest for you. Otherwise just try to build up savings for next 4 years
Now is a perfect time to test your ideas. If you are unable to invest try paper trading. Test what would happen if you invested in dividend stocks. See what happens if you invest in risky stocks. Learn what worked and what doesn't for building your money. Then you would have a headstart and better understanding than most over you can start investing.
Best to not be too risky with real money though, learn what works first.
You need a custodial account. Don't blow your savings on dumb investments. Buy something proven.
The astroturfing for financial advisers in the comments section is getting out of hand. Literally have to scroll down twenty comments to get to real conversations.
Whats the best way to invest 175k ?
That would depend on your age and your goals.
Roth IRA or brokerage account .
@@KPad87
Roth only allows 6k load-in
S&P 500 ETF like SPY. This medium is good for any amount. Grows 10 to 11% per year relatively low risk.
Hookers and Cocaine
Rich get richer the poorer get poorer..
but what if market crash?
That's a good question
Then you buy cheaper stocks. Good companies don’t cut dividends.
When the market crashes, mutual funds are now ‘on sale’ so best time to buy….
if you do not need the money for the next 20 years, you want market to crash so you can buy them at a discount. Just DCA index fund ETF with low expense cost and you are good
But what if it doesn’t?