Відео

I'm still trying to understand the real negativity in high dividend investing. Why is paying taxes so bad? Isn't it better to have most of something vs all of nothing? What's wrong with trying to have an income stream that may replace your W2 income?

Great video! Are people using this strategy to buy bitcoin??

I would love to keep the interest accruing in perpetuity, but isn't there something called a draw period that eventually becomes a repayment period?

😂 BBD: Better Business Death Bureau. The buy, borrow, die method: shouldn’t it be The Buy, Borrow, (enjoy a long healthy lifestyle) then die happy. I understand, what if you settled the debt with the interest from high yield accounts and stock dividend returns, any other interest earned assets along the way; fully debt free lifestyle by the end of a decade, self sufficient and retired. Question: the taxes not paid on each asset; reduces funding for public schools and roads. So, be sure to be charitable to your favorite charities. Don’t over extend what you can afford to cover from interest earned. Hum, this idea is growing on me. Considering it.

PERHAPS, if at some point in the future, if the Internet and the Banking system goes down, You might just wish that you had a CASH emergency fund on hand. Try purchasing needed food or other necessities with a credit card or check at such a time. True, while that stash may not be making you a dollar return, it may just save your LIFE. That, in my humble country bumpkin opinion would be the ultimate "Return On Investment". Greetings from Ontario, Canada.

I fall into the private label business, I utilize amazons FBA platform extensively, especially important for logistics and storage of inventory. Amazon has it dialed. I’ve been in ecommerce for almost 10 years. It’s not easy.

Nice camera and HDR too wow :^)

2:23 HOW DARE YOU SAY THIS??? Costco i a legit business 😅

Great presentation ❤

Agree 100%. Unfortunately, it’s too late for me at age 53. I’ll be putting my daughter on this path. Slaving behind a desk working for the man is for suckers.

Sharon, which of your courses teaches me where I can find the secured investments that reliably deliver 15% or more rate of return?

So it sounds like anything online is a messed up business? I'm not owning or investing in any company. I just want the cheapo shoes for $9.99 with free shipping.

I like the new thumbnail style and the new camera/color physical setup. And the editing touches are good but please don’t go crazy with the quick zoom in and out. Not sure this type of content is the best use of that technique. Love the channel.

Holy skin tone, Batman! The new lighting looks great. Also, great content. Liked.

Love the new video look

Would this strategy be a potential way to pay off the loan balance of a mortgage if you’re able to?

Do you ever have to repay the loan principal if the value of your securities is enough to satisfy the collateral requirements of the bank?

Discovered your channel last week and can’t stop watching! Absolutely amazing!! You speak the truth! I love this channel, I love every word that comes out of your mouth❤

Hi, is it possible to do this with a property to buy another one and rent it or turn it into an airbnb?

Hey Sharon great video you are spot on. I do have a house with a 400k mortgage @ 3% since rent is more in New Jersey but every time it has appreciated I have taken money out and invested it since it is so easy to beat the spread. I have been investing in passive income projects such as self storage, industrial projects and warehouses and now I am buying high yield covered call ETF’s with margin. I will be buying my soul back from the company store and retiring @ 61 with $1000 a day early next year.

I think family emergencies or unexpected travel, would probably due to a funeral or a family member needing medical care for a short amount of time. A last minute airplane ticket is probably more than a couple of hundred dollars and are usually the most expensive. Plus there may be hotel and food costs. So this could easily get up to thousands of dollars for a last minute trip. Your advice is obviously geared to someone who is financially successful and not for someone who is just beginning to build wealth or for someone doesn't have a lot of extra monthly income/cash flow. I just found your channel, so I don't know yet. Interesting video/concepts!

I work in the hospital "arena'.. and YES, they will take months to send you a bill! It may get billed to the insurance company within a week to two weeks... but then the insurance company usually take up to 30 days (or more.. could be months) to process that bill. And then the payment has to be issued to provider... Then if any items were denied, someone at the providers office will have to review the denials and decide to write off or appeal... Or a corrected claim may need to be filed due to previous billing errors, which has to be reviewed by the department that made the error and corrected, then sent back to billing to refill. And then begins round two of the claim being processed by the insurance company. If nothing was denied, then there is still the process of getting the payment posted to the account and then the bill being sent to you. Then you have at least 30 days to pay. Exhausting.. and time consuming!

🔥🔥🔥GREAT VALUE!!!

I am so glad that someone finally made this video. I totally agree. What could ever really happen that couldn't be covered with a charge/credit card in the short term and then gets paid off when the statement is due? Even I as an expatriate with family across the world have enough of a credit limit to buy a last-minute long-haul flight. Sure, keep cash around to pay for things day to day but 6 months' worth of expenses just sitting around? It doesn't appeal to me. Thank you, Sharon!

My problem is that almost all my net worth is tied up in retirement funds and real estate. I really need to focus on developing more liquid assets.

Thank you for explaining this.

Saving to pay for "my cat lung transplant"🤣

Your premise is sound... except for the scenario of a bank or other crisis. The people that banked at SVB or the small bank in Oklahoma could not access money for some period while the bank crash was handled. The people hit recently by the hurricane could not purchase goods; no credit cards, no banks. However, if they had cash, they should have been able to transact. Sure some local places or providers would be willing to put it on a tab, but how many could afford to do that or be willing.

Thanks for making this video, this is exactly my mindsett and I've always felt like I must be taking crazy pills with the ubiquity of the emergency fund advice. People whose advice I otherwise respect have said 18 months of expenses in a hysa, that's bonkers to me. It takes like 2 days for a sell order to hit my checking account

Hi Sharon, I just discovered your channel, and I really appreciate your advice! While I understand your perspective on not needing an emergency fund, I struggle with balancing the idea of optimized investing versus having a very, very small emergency fund. I agree that proper insurance (health, disability, home, vehicle, etc.) can mitigate most of the “emergencies” people prepare for, and much of the emergency list you mentioned does seem overblown. One type of emergency I’m particularly concerned about is unexpected job loss. I completely agree with you that having multiple streams of income is the best solution to reduce dependence on a single source. However, many of us aren’t quite there yet, and job loss can create a short-term gap that’s difficult to manage without some sort of buffer. I recognize that I could liquidate assets quickly during this time to get by, but this leads to my bigger concern-the timing of such an event. The problem is when a job loss (or other emergency) coincides with a market downturn. This is not only when layoffs are most likely but also when selling assets would mean locking in significant paper losses. My parents experienced this during the 2007-2008 recession, when they were forced to sell assets at considerable losses to make ends meet. If they’d been able to weather the storm without selling, they would have been much better off in the long run. That’s exactly the kind of situation I want to avoid repeating. If we think of an emergency fund as more of “asset insurance,” wouldn’t it make sense to allocate a fixed amount for this purpose? The idea is to set a hard threshold for the fund, and once it reaches that number, contributions would stop indefinitely (except for minor adjustments if inflation erodes its value). Over time, as investments grow and all future contributions are directed entirely to those investments, the emergency fund would represent an increasingly smaller portion of total assets. Would this kind of “insurance” approach still conflict with your optimized investing philosophy? Does sacrificing a minimal return on a negligible allocation seem reasonable if it helps protect long-term growth? I’d love to hear your perspective on this-am I overlooking something important?

The stock market is the greatest creator of wealth and that is what made the US the powerhouse it is today. No where else can someone 10x or 1000x their money in a matter of seconds or a day or week or month or year. Nothing. Not real estate not gold. I don't want to hear people who say I don't have any money to put in the market. You are telling me you don't have $1, $5, or $50? You can start with so little and then double your money every day and get a million real quick. You don't need a ton of money like a biz start up. If you don't know nothing just put your money in VOO or VTI or VUG or SCHD among many others. If all you did was buy anyone of those ETFs you would be rich in 30 years. All of these ETFs pays dividends. You just put that dividend payout back into buying more shares of the ETF which is call a dividend reinvestment plan or better known as a DRIP.

They know many will never have 3 to 6 month of emergency fund saved up so those people will never get to invest their money as they are forever still trying to save up for their emergency that they never seem to be able to. The key to being rich is to invest now not tomorrow but today or yesterday if you could go back in time. Just have your money put into a good index fund or ETF every month via automatically buys without having to manually do it so you never forget. Set it and forget it. Every day you delay is another day or week or month you are falling behind that you can't get back which is time. Just use an credit card for emergencies if they come up and pay it off as quickly as possible. No need for an emergency fund. You need to put it all into investments not split it up as your investment returns will be smaller if your investment amount is smaller. The more shares the more the returns. The rich don't have to risk it all and can set aside for other usage with their money. They don't need it all in stocks as they are just looking to maintain their wealth. The average person needs to put it all in to maximize your returns. Your investment amount is already little compared to the rich you can't afford to split it up further. A typical person's goals are different than the rich. The rich are just trying to keep to their money and not lose it. The average person goal is to get rich so you have to go all out. once you get rich then you can take less risk and set aside for other things and just to maintain your wealth but right now peole should be concern with creating wealth not maintaining wealth as they don't have any wealth to maintain in the first place. They teach you to go slow as they don't want you to be rich as then they wont have any slaves to serve them or work for them anymore if everyone woke up an realized they've been lied to and bamboozled

What if you're a home owner and your HVAC system goes out, or your septic system needs work? Both of these emergency scenarios can run in the tens of thousands and are not covered by home insurance.

You are making sense. But i do think i want some money in a high hield savings account

CASH 💸 IS 🗑 TRASH. LOL 😂😂🤣🤣

I’m 62 and don’t have much on my 401k so maxing out on it, HSA plus don’t the mega backdoor for tax free $ makes a lot of sense. Plus I’m earning extra income from trading options and that puts me in a lower tax bracket. So the “don’t’ max out” shouldn’t be a general rule in my opinion. Thanks for the video!

SUPER helpful. My accountant wanted $$$ to do this I finished it up in 10 minutes with your video. I just forwarded this to my realtor and she had no idea it was even required.

Nice video! 100% agree. This is old school thinking from a time when cash was the only option (or maybe sell some of gold teeth 😅). I only leave cash in my account, which is still earning close to 5% interest when searching for investment opportunities.

Are you suggesting people avoid tax advantaged accounts such as 401k's and IRA's and stick to after tax brokerage accounts for this ease of access? If not, what percentage are you advocating for across taxable and tax advantaged accounts?

An emergency fund is not the same as placing the largest part of your cash in SA or MMF. One can argue the amount your EF should hold - I'm thinking on a different level than just 3 to 6 months. PS Kudos to dare to think differently.

If you really must pay for something Today, in many cases you can use a credit card and sell liquid assets to pay off your credit card within 30days.

“Does your family live on Mars?!” 😂😂

Another type of Emergency Savings not using your sick time at work. Having 4 or 5 weeks of time accumulated can make huge difference during an illness or injury.

Interesting take. What’s your opinion on a percentage of dry powder for opportunities in a bear market?

Money in the bank (quite literally)! Thank you for sharing your knowledge

Thank you so much for this amazing video! I have a quick question: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?

I keep a little cash in SPAXX..It draws interest and I can send it back to my bank account usually in one day if an emergency occurs

Thank you for the Gary Sutton recommendation.

This is all really great content. Most of the UA-cam content doesn’t deal with these subjects.

In Canada some bank accounts were frozen a while ago