What is a Pension Fund?
HTML-код
- Опубликовано: 11 сен 2024
- The first 100 people to go to www.blinkist.c... are going to get unlimited access for 1 week to try it out. You’ll also get 25% off if you want the full membership.
In today's video I talk about pension funds. What they are, why they're important and everything you need to know about them. As always, thanks for taking the time to watch this video and please give it a thumbs up and subscribe if you haven’t done so already. Thanks and enjoy!
Business enquiries: info@afzalhussein.com
TIMESTAMPS:
01:15 What is a pension fund?
01:39 The two main types
05:20 Where do asset managers fit in?
06:30 Benefits of investing into pension fund
07:43 Costs of investing into a pension scheme
08:50 Blinkist app - 25% discount
Instagram: / afzal_hussein
LinkedIn: / afzalhussein
About me: www.afzalhusse...
My career consulting company: www.officialcv...
Recommended Reading:
Financial markets and the roles within easily explained: amzn.to/2WsRNKH
When Genius Failed: amzn.to/2Wt0nJI
The Intelligent Investor: amzn.to/2XBDbFG
The Big Short: amzn.to/2K0sEAB
Barbarians at the Gate: amzn.to/2KyVnfo
The Wolf of Wall Street: amzn.to/2K1RXSC
Money and Power: How Goldman Sachs Came to Rule the World: amzn.to/2WyKykN
Video suggestions are most welcome - feel free to leave them in the comments below!
------------------------------------------------------------
My equipment:
Camera: amzn.to/2Wp9J9f
Lens: amzn.to/2WQF6ZJ
iMac: amzn.to/2WRFd7e
------------------------------------------------------------
Careers can be tricky. I want to change that.
I like sharing practical, helpful and easy to understand advice on how to get the career of your dreams whether you're a student, graduate or experienced professional.
SUBSCRIBE for new videos every Wednesday!
------------------------------------------------------------
Intro music: goo.gl/qN1M5t
What is a pension fund?
#Pensions #Retirement #Careers
Thank you this was very helpful
Thanks for watching :)
It's not coincidental that the word scheme has definitions that are pretty much antonyms... Similar to words like "left" which can mean remaining or departed. These are called contronyms.
THANK YOU SO MUCH! The best video I have watched on this. So informative and easy to understand
thanks for breaking it down as you did.
Thank you so much! You explained this so well.
Ps: the background is amazing! So many books😍
The explanation is very clear and simple thank you
Ah thanks! :)
If u u did some of these topics back in 2009 I'd have passed gcse business 😂 I spent that yr understanding what asset, equity, leverage meant and never moved on from those words looool
. I finally know the meaning after binge watching ur vids. Thanks bro
😄👊🏽
Bro thanks for this - I'm studying geographies of money finance & debt and had heaps of pension fund-related academic papers thrown at me but nobody thought to fill us in with these details! Where I was once without a paddle I'm now armed with DC and DB knowledge
THanks so much man what a great video rendering difficult concepts easy to understand. Plus - amazing voice you should do radio shows.
love you explaining stuff man!
Thank you so much for this! Do you mind explaining what a pension pool is?
Engaging Comments! BTW, What has changed your financial live positively?... (A RESEARCH POOL 📌)
Has to be FX-Trading!!! Making a very good weekly passive income through it.
Not a Pro. LoL. I work with "Sandra Yvonne Webster" in all honesty she is an Angel. Do your own research!
Nft bubble. Sandra was here in Utah for a seminar. Great speaker, full of humor and rhetorics too. Lol!
Fish farming.
Waste recycling.
Thank you Afsal for the vid! Meanwhile, would you mind sharing what lens did you use recording this vid?
What an fluency 👌👌
absolutely love this information ✅✅
Quality content as always great advice 💯 📈📊💷
👊🏽
What pension schemes are halal?
Thank you for posting.
I just got hired with my state and the way my interviewers explained it is I would get a certain amount of money a month after I retire for the rest of my life I’m not sure what that’s called would that be one of these pensions you talked about? I also invest in a Roth IRA for a secondary retirement plan
You should also try and invest on stocks, forex or cryptocurrency
It’s much profitable
I do invest on cryptocurrency through Mr Hector Wesley
He’s a professional stock broker
Just try and reach him through his google handle
This is very useful thanks
Pleasure!
When the pension amount woll come after we received ppo number
Very helpful video sir. Keep doing more😃
Bitcoin officially becomes legal tender in El Salvador. The predominant cryptocurrency btc hits $100k by Dec. Buy bitcoin with PayPal now and save for the future financial freedom.
The global pandemic hit the financial market like a wrecking ball and the effect of that on Bitcoin has been no different. The prices of stocks fell all over the world due to masses looking to liquidate stocks due to the global crisis that prevailed. Bitcoin and various other cryptocurrencies followed suit of the financial market and its price halved down from what it was at the beginning of 2020. Many argue that this pointed to Bitcoin being no different than the traditional stocks. Bitcoin was introduced after market crashed in 2008 and its identical behavior to that of the traditional stock
2020 was a huge year for Cryptocurrency! Bitcoin quadrupled in price, many countries around the world recognized it as a form of currency, it received a ton of news coverage and online interest because of the value increase of Bitcoin and the implementation of technology the medical, banking and tech industries to securely store and track information.
In regards to cryptocurrencies, other governments have expressed their concern from China to the US; from Singapore and now even Spain. Just recently, the Spanish National Stock Market Commission (CNMV) published describing bitcoin as a volatile and unstable cryptocurrency but his advise to everyone is start up an investment in Bitcoin base on the increase one can make profits
@@darwinmarquis94 The pool of Bitcoin is growing, including a recently launched but do these payment tools truly respond to the requirements of being a currency?
@@sophiabob1674 If you decide to dabble in bitcoin, classify it under your high-risk, high-reward portfolio. You can reap huge profits in the short-term and lose heavily if the value drops.
@@greydonalds1158 Understand that bitcoin is a relatively new technology, and even futurists aren’t sure about its fate.
what about tax you pay when you take money out of pension scheme, so effectively its not tax free at all
What would happen to the pension if the company you work at suddenly quit their business or their sales plummeted and now out of business. Will there be a pension if your birthday was before the day they quit?
Awesome presentation. You are great.
You're too kind. Thanks!
@@AfzalHussein Much appreciated, wishing to hear more from you, Sir.
Excellent video.
*Earning 70,000 Canadian dollars weekly on stock, nft, crypto and forex*
Am a newbie, how can I earn as you do?
@@geraldwilansky6424 Believe Michael Wayne is the best, his trading skills are top notch
Heard a lot of investing with Mr Michael Wayne and how good he is, please how safe are the profit?
@@Efacexy11111 trading with him, The profit are secured and over a 100% return on stock, I am now ready to venture into forex.
@Kingston Bouchard Thanks 😊
My dads pension is only $600 a month and he’s not allowed to do a lump sum because it’s more than $100k...is this normal?
What’s your opinion on Vanguard as a investment advisor. I am 25 and doing research in investing.
Hi. Bitcoin sky rocket above $50k and would hit $100k by Dec. Start buying cryptocurrencies is good they're a huge help down the road for financial progress.
There is tax. What happens when i do retired and take out my money then? Is that money not liable to income tax?
Could you explain where most banker live? How they budget their salaries (1st year analyst to associate) or how to save money on a bankers salary.
If you are based in the UK, you'll inevitably live in central London. In the US, you will live in NYC, namely Manhattan. All the big names have firms in London, many of which are in Canary Wharf, Goldman sachs is an exception being situated outside of canary wharf
at 7:30 you said compond intrest, is it really interest of return on your investment
What kind of degree do you need to be an investment banker ?
What about "cash balance" pension plan??
Why do pensions exist? Why not just use a 401k or IRA?
How long does it take to receive ur lump sum payout
I wonder if you maybe help me or advice me . I work for all the years in the electrical industry sins 1974 .I never received or Drow any funds from that time. We're ever I apply the door's are close. I'm 66 years Old .
Is there any one out there how can assist me . Looking forward to here from you . Thank you .
So pensions are now being held hostage, nice..... so much for free markets
Please help me obtaining my pension i have been a victim of a pension scam
If you are over 15 and need to ask this question the pension industry will welcome you with open arms. They like people who are financially ignorant
I have a question regards to company pension plans. My wife will be retiring from her job within a year or do. In our divorce settlement I will get 9 years of her company pension. How does it work and how does this get paid out to me. Ths
Hi afzal, can you please explain what it takes to be a trader in an investment bank? What master should i study? Thanks
Business/economics/finance
Actually, a guaranteed pension is no longer guaranteed. the company sells it to an insurance company so the employee loses the government guarantee. Pensions were not that expansive when CEOs made 100 times more than the janitor. Now that they make 100000 more than the employees, it is really hard to contribute to employees' pensions and pay for their salaries, their personal plane, their 25million bonuses and the gaz for their big boat. The America that contributed to employee's pensions was a great America, now it feels like we are turning into a third world country with all the homelessness in public parks and employees having to work until they die. That did not exits when CEOs made 100 times more than the janitor and employees had guaranteed pensions forty years ago.
i will not subscribe since you did not know that. and you were off on other points. you were thinking like a young person that will not need its retirement. good for you to have had investments that paid off.
Hi, would it be possible to touch on financial advising/ planning field. This will be greatly appreciated.
A pension fund is like giving someone else your money to gamble with.
It is all a con, keep your money and invest it yourself. There are no guarantees.
My dads pension is $600 a month and he can’t cash out because it’s over 100K...do you have any clue why this is
Each pension plan is dictated by the company or employer. They define how and when the funds will be disbursed. It is likely that your father's plan does not allow a lump sum pay out because it is costly to the company to pay out amounts over 100,000. Hope that makes some sense. Your father is well within his rights to ask the terms or conditions of his pension plan...
If pension funds dont work then why does government have so many in each state my state has 75 billion just for state workers.
You are a Muslim. Don't talk about interests brother