Westy Invests With F.I.R.E
Westy Invests With F.I.R.E
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Cheat Codes to Financial Freedom in 2025
There are 3 things that I think that everyone should do. Open and max out a Roth IRA each year, have at least 3 months worth of expenses set aside in an emergency fund and have at least 1 goal to achieve that will make their life better.
Let me know in the comments what your goals are. Do you have goals that are not about money?
Переглядів: 16

Відео

Best Way To Invest In 2025 | Make Millions Passively
Переглядів 4314 днів тому
When you decide that you are no longer happy being broke. Not being able to have the things that you want because you did not take the right steps when you were younger... You will wish that you bought some VOO!! I wish that I bought more when I was first getting started. I bought options rather than equities. I learned form my mistakes and will buy as much SPLG as I possibly can.
2025 Is The Year You Can Set Yourself Up To Retire | 80K Net Worth
Переглядів 3321 день тому
I have laid out my 3 major financial goals in this video. What are yours? It is important to have goals so you know what you are working towards each time you get paid. I think that the most important goal that anyone can have is the short term goal. You can get it done and it will allow you to feel accomplished and most importantly it will keep you striving toward the next goal!
$36,500 Dividend Portfolio Update | Making BIG Changes
Переглядів 1363 місяці тому
There are always ups and downs when it comes to investing. I chose to hold onto a position much longer than I should which caused me to lose money when the stock market went up. That is a mistake that I wish that I did not make, but I know that I should trust my gut when it comes to closing or trimming a position. I waited too long and should most likely sell out of the position as a whole(UWMC...
All My Dividend Income For October 2024 | $36,960 Portfolio
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It is a slow and tedious process to build up a large amount of dividend income. I hope to inspire some of you to build a nice dividend producing portfolio! www.youtube.com/@Westyinvests?sub_confirmation=1 Make sure to click the subscribe button to follow my journey to $100,000. I am over half way there! If you have any questions regarding investing, like where to get started or what broker to u...
What The Heck Is An ETF?
Переглядів 1633 місяці тому
Investing can be complicated, especially when you are getting started. What is an ETF? How do you buy stocks? There are so many questions to be asked and so few short and sweet answers. Here we present you with what an ETF is and an easy way to think of it. An ETF is a basket of stocks that provides the owner of the ETF with a small portion of ownership of the underlying assets. In the example ...
The BEST Dividend Investing APP | SNOWBALL ANALYTICS REVIEW
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The BEST Dividend Investing APP | SNOWBALL ANALYTICS REVIEW
Starbucks Announces DIVIDEND INCREASE | Time to BUY?
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Starbucks Announces DIVIDEND INCREASE | Time to BUY?
Discounted Stocks To BUY this Week | Discounted Dividend Stocks
Переглядів 1343 місяці тому
Discounted Stocks To BUY this Week | Discounted Dividend Stocks
Inside my $37,614 Portfolio | My Plan To Retire From Dividends
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Inside my $37,614 Portfolio | My Plan To Retire From Dividends
$55 Per Day to RETIRE from SCHD
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$55 Per Day to RETIRE from SCHD
5 Dividend Stocks To Hold Forever To Make MILLIONS
Переглядів 3113 місяці тому
5 Dividend Stocks To Hold Forever To Make MILLIONS
3 Dividend ETFs To WIN BIG in 2025 - Easy Passive Income
Переглядів 2,7 тис.3 місяці тому
3 Dividend ETFs To WIN BIG in 2025 - Easy Passive Income
My Net Worth INCREASED $10,000 In 3 Months | Dividend Portfolio Update
Переглядів 2554 місяці тому
My Net Worth INCREASED $10,000 In 3 Months | Dividend Portfolio Update
$3 INVESTING CHALLENGE Episode #02 | $400 into $10,000
Переглядів 614 місяці тому
$3 INVESTING CHALLENGE Episode #02 | $400 into $10,000
All My Dividend Payments From My $36,300 Portfolio | Passive Income
Переглядів 2 тис.4 місяці тому
All My Dividend Payments From My $36,300 Portfolio | Passive Income
SCHD 3-1 Stock SPLIT?!? What It Means and My Plan Moving Forward
Переглядів 4 тис.4 місяці тому
SCHD 3-1 Stock SPLIT?!? What It Means and My Plan Moving Forward
ETFs for Beginners: Everything You NEED To Know 2024
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ETFs for Beginners: Everything You NEED To Know 2024
$3 Investing Challenge Episode 01 | $3 into $10,000
Переглядів 854 місяці тому
$3 Investing Challenge Episode 01 | $3 into $10,000
Can You GROW Your Portfolio With Subscribers? | One SUB = $3 Invested
Переглядів 574 місяці тому
Can You GROW Your Portfolio With Subscribers? | One SUB = $3 Invested
BEFORE You Invest WATCH THIS | What You Should Know Before Investing
Переглядів 1214 місяці тому
BEFORE You Invest WATCH THIS | What You Should Know Before Investing
+900 Of Passive Income From My $36,000 Portfolio | New Investing Challege $3 Per New Subscriber
Переглядів 6084 місяці тому
900 Of Passive Income From My $36,000 Portfolio | New Investing Challege $3 Per New Subscriber
Crushing S&P 500: My Bear Market ETF Strategy
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Crushing S&P 500: My Bear Market ETF Strategy
Unexpected Portfolio Growth: 25-Year-Old Dividend Investing Success
Переглядів 845 місяців тому
Unexpected Portfolio Growth: 25-Year-Old Dividend Investing Success
What Stocks Will 100%? | How To Find Stocks With HUGE Potential
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What Stocks Will 100%? | How To Find Stocks With HUGE Potential
3 Years Of Investing | UPDATE and What I Learned
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3 Years Of Investing | UPDATE and What I Learned
How much dividend INCOME does a $32,000 portfolio make?
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How much dividend INCOME does a $32,000 portfolio make?
Revealing My $53,000 Portfolio! | Portfolio Update +$2,800 in 2 Weeks!
Переглядів 405 місяців тому
Revealing My $53,000 Portfolio! | Portfolio Update $2,800 in 2 Weeks!
ETF Portfolio For Beginners to Build GENERATIONAL WEALTH
Переглядів 1075 місяців тому
ETF Portfolio For Beginners to Build GENERATIONAL WEALTH

КОМЕНТАРІ

  • @lexiiolson
    @lexiiolson 7 днів тому

    What personal goal are you working on?

    • @Westyinvests
      @Westyinvests 7 днів тому

      This year my goal is to add an additional focus to my physical health. I have been working out at least 3 times per week! My secondary goals are to max out my Roth IRA by the end of June and then I would also like to save an additional $10,000!

  • @emilyau8023
    @emilyau8023 17 днів тому

    I'm a tech worker, and oh boi what I would give to just get my work done, and that's it. Just clock in and out.

    • @hypnos2
      @hypnos2 15 днів тому

      Until busy season hits lmao

  • @hypermoose5794
    @hypermoose5794 19 днів тому

    I’m going to be a tax intern coming up and possibly after graduation. Did you learn a lot in class or more on the job? I’m worried that I’m not going to get all the information needed in my class or have a bad professor or I don’t memorize all the information.

    • @Westyinvests
      @Westyinvests 18 днів тому

      @hypermoose5794 Personally I learned just about everything on the job. If you know the Balance Sheet Equation and the natural account balances for most normal accounts you will be golden. Most of what you learn in school does not directly translate into the overall line of work besides some concepts. There is a lot more grey area than I would have thought! I honestly would recommend taking a bookkeeping class. That will help you the most in the real world! Lots of clients have very messy books.

    • @hypnos2
      @hypnos2 15 днів тому

      Im a tax intern too and from the work ive done so far my experience has been to take detailed notes during your training that you can refer back to and just paying attention to the corrections requested. They dont expect you to know a lot going in but they do expect you to pay attention to what they train you

  • @AndrewMorgan-yg6zq
    @AndrewMorgan-yg6zq 20 днів тому

    give me money and ill double it promise lmao XD

  • @Mraverageguyy
    @Mraverageguyy 21 день тому

    Super cool. I never thought to use ChatGPT to make a budget!

  • @krowchuk1
    @krowchuk1 22 дні тому

    Why didn’t they teach this in school.

    • @Westyinvests
      @Westyinvests 22 дні тому

      Unfortunately there are a ton of things they don’t teach in school that i think they should!

  • @fraymll
    @fraymll 25 днів тому

    I like it thus far

  • @naffeee
    @naffeee Місяць тому

    Hey man, really like the Seiko watch you chose at the beginning. What model is it?

    • @Westyinvests
      @Westyinvests Місяць тому

      @naffeee Thank you so much! It is one of my favorites too. It is actually a custon Seiko. I got it from a website called Journey About Time. The website is something like "JATwatches" if you were interested in taking a look. They have customized Seikos to look like basically all high end watches like Rolex, AP and Patek. I love the one that I got!

  • @LLG007
    @LLG007 Місяць тому

    Bank Reconciliation, chapter 6 Intermediate accounting - Wiley

  • @alexanderrodriguez2981
    @alexanderrodriguez2981 Місяць тому

    I just subbed 😃 I am in school for accounting and plan on working in tax. I really enjoyed this video and I like how you are investing too! I been investing for 2 years after finding out about the FIRE movement.

  • @MrScaryLemonHead
    @MrScaryLemonHead Місяць тому

    Texans like to pretend they don’t pay taxes… they do.

  • @Alexbrandt27
    @Alexbrandt27 Місяць тому

    This was nice to see. I am a mechanical engineer considering a career shift to accounting.

    • @MorgansTrainClips
      @MorgansTrainClips Місяць тому

      I began college as an engineering student and am considering a switch to accounting. What has made you want to leave engineering as a profession?

    • @emilyau8023
      @emilyau8023 17 днів тому

      That's so interesting. I'm in tech, and I want to switch to accounting 😂 what made you want to?

    • @emilioresendiz2427
      @emilioresendiz2427 12 днів тому

      Lol, I’m in accounting and want to become an engineer. Why do you want to leave engineering?

  • @LucidityRemains
    @LucidityRemains Місяць тому

    I have no idea whatever any of the terms you used mean but I'll try it out

    • @Westyinvests
      @Westyinvests Місяць тому

      You’ll randomly start testing to become a Certified Public Accountant?😂 it’s just a certification that allows you to do a lot more with your career as an accountant 👍🏻

    • @Kyouno-natsumi-T-VII
      @Kyouno-natsumi-T-VII 28 днів тому

      ​@@Westyinvests thanks. Uesful career info.

  • @samchan8980
    @samchan8980 Місяць тому

    Love this video man! Would like to see more stuff like this

    • @Westyinvests
      @Westyinvests Місяць тому

      Thank you! I will make another one as we are going into busy season and maybe one more targeted towards financial statements! Cheers!

  • @mikeymike9974
    @mikeymike9974 2 місяці тому

    Bought 1 year Sub.$55.99. yesterday. (12/01/2024.) Day 1 had issues with their platform --could not get it fixed. E-mail support "NO" answer. I cancelled my subscription. "NO REFUNDs ALLOWED. "Even if it's their fault! I Lost $55.99. Be advised.

  • @NunetTV
    @NunetTV 2 місяці тому

    ever since stock split been investing heavy into schd putting as much as i can into it 100$ a day i believe it will compound even faster now i used to put 100 a month into it

  • @qisoftware_official
    @qisoftware_official 2 місяці тому

    Liked researching your numbers so that I could compare them to mine. Thank you for the insights.

    • @Westyinvests
      @Westyinvests 2 місяці тому

      I am glad that you enjoyed it! I have high hopes for updates to come soon! Cheers!

  • @daniellaperez3983
    @daniellaperez3983 2 місяці тому

    Hey man I'm a uni student (currently a sophomore) studying accounting and finance I had a quick question for you. Did you do any internships during your time at UNC? Btw I like how you go over your investments in other videos as I want to start investing pretty soon.

    • @Westyinvests
      @Westyinvests 2 місяці тому

      Howdy there! I actually did not do any internships when I was at Uni! I did not plan on going into accounting when I was studying at Uni, but in the last 2 months of school I got a job offer to work in public accounting. I love going over my investments. Makes me feel more connected to what I am building for my future! I am glad that you enjoy seeing what I am invested in and can look into them yourself!

  • @AverageBozo24
    @AverageBozo24 2 місяці тому

    Trump won obviously and markets are up

  • @daemunwolfmgtow9547
    @daemunwolfmgtow9547 2 місяці тому

    Trump won!!!!!!! o7 president trump

  • @campingalan
    @campingalan 2 місяці тому

    At 9:25pm, west coast time, it does not seem to be trending well for the Vice President Harris campaign. Taking all of the politics out of this, and looking from the investing perspective, I say there is not much difference in what to do with regards to investing--- continue to dollar cost average; and hopefully you are doing it for the long haul. You will still build a nest egg for the retirement years.

  • @favarettofilms8486
    @favarettofilms8486 3 місяці тому

    Nice video! I also like watches and noticed you changed your watch during the day hahaha

    • @Westyinvests
      @Westyinvests 3 місяці тому

      Nooooo you weren’t supposed to notice!😂 I really like the seiko but the gold coach watch is so pretty! Great attention to detail! You’re the first to notice! Cheers!

  • @lexiiolson
    @lexiiolson 3 місяці тому

    Cute pics dude

  • @dkrytting
    @dkrytting 3 місяці тому

    VOO is the best

  • @Westyinvests
    @Westyinvests 3 місяці тому

    Let me know what your largest holding is! I may add it to my portfolio if it is down over 10% from ATH! (:

    • @LondonCat55
      @LondonCat55 2 місяці тому

      Costco is killing it for me! My biggest holding along with VTI

    • @Westyinvests
      @Westyinvests 2 місяці тому

      @@LondonCat55 Awesome! I wish that I picked up COST when it was much cheaper. It has been a major bull in this market!

  • @honest_words803
    @honest_words803 3 місяці тому

    There are a great number of etf/stocks out there paying (monthly) dividends over 10%..I don't get your logic..

    • @Westyinvests
      @Westyinvests 3 місяці тому

      Although there are tons of ETFs and stocks that have 10%+ dividend rates they typically, not always, are known as dividend traps. They have the high yield, but with each payment decrease in value over time. The companies that I invest in are dividend growth stocks and ETFs. They slowly increase the div payments every year and hopefully by the time that I retire, the increase in payments will have compounded on each other. This will hopefully set me up for a nice and easy retirement!

  • @Jayvazquez15
    @Jayvazquez15 3 місяці тому

    My favorite is #SCHD 😎 Nice income and update!!!

    • @Westyinvests
      @Westyinvests 3 місяці тому

      Thank you! SCHD is awesome and is 9% of my portfolio currently! I’m hoping to get it up to around 15% by the end of the year!

    • @Jayvazquez15
      @Jayvazquez15 3 місяці тому

      @ nice!! Mine is around 25% of my portfolio so far, I buy one share weekly!

  • @vamp8998
    @vamp8998 3 місяці тому

    Very nice video I liked it

    • @Westyinvests
      @Westyinvests 3 місяці тому

      Thank you so much! For those larger creators they do a great job pushing out videos. This one took me forever! I appreciate the compliment!(:

  • @siakelley2345
    @siakelley2345 3 місяці тому

    My favorite etf is jepq svol and spyi

    • @Westyinvests
      @Westyinvests 3 місяці тому

      I’m also a fan of JEPQ I just haven’t added it to my portfolio yet!

  • @oleboy4332
    @oleboy4332 3 місяці тому

    I’m sorry, but 1% dividend? I don’t get that. I’m sure you know what you’re doing but I don’t get investing for that low of a return. There are so many great stocks that pay more and are stable or better. Pepsi and schd for example

    • @Westyinvests
      @Westyinvests 3 місяці тому

      The ETFs that have a low dividend yield are growth ETFs. They are not designed to produce income, they are designed to increase in value. SCHD has been able to keep up with VOO and VTI, but I don’t know if they’ll be a be able to keep up for a long period of time. The overall value of the assets continue to increase still!

    • @Lonewolfcrypto
      @Lonewolfcrypto 3 місяці тому

      Slvo GGN msty arcc oxcl jepq

  • @marcoslusso2163
    @marcoslusso2163 3 місяці тому

    I think that you should review the numbers that you are using in the calculator.

  • @LondonCat55
    @LondonCat55 3 місяці тому

    I have 22k to invest. What would you do dollar cost average or lump sum into dividends?

    • @Westyinvests
      @Westyinvests 3 місяці тому

      There are a ton of things that you should consider. Depending on your age, risk tolerance and other factors, I would consider dollar cost averaging into VOO and SCHD. You'll generate some passive income(if that is what you are looking for) and still be in a good position to see growth in your funds. DCA seems favorable to me right now as I have no idea what the market will do with the election results here in about a month! I hope that this helps.

  • @Westyinvests
    @Westyinvests 3 місяці тому

    What’s your favorite stock? Or icecream flavor?? Let me know! I may buy you a scoop😏

    • @lexiiolson
      @lexiiolson 3 місяці тому

      I’d let you buy me any ice cream

    • @preston601
      @preston601 3 місяці тому

      @@lexiiolsonme to

  • @Mraverageguyy
    @Mraverageguyy 3 місяці тому

    I buy a lot of SPLG. S&P 500 etf with a low fee

  • @Westyinvests
    @Westyinvests 3 місяці тому

    What’s your favorite ETF? My favorite is SCHD for that sweet passive income!

  • @lexiiolson
    @lexiiolson 3 місяці тому

    I love how you simplify it so everyone can understand

  • @daviddowling6376
    @daviddowling6376 3 місяці тому

    talk louder please

    • @Westyinvests
      @Westyinvests 3 місяці тому

      I just got a new microphone so I hope that helps!(: @daviddowling6376

  • @NathanRine2770
    @NathanRine2770 3 місяці тому

    No

  • @souoedu5129
    @souoedu5129 3 місяці тому

    Right now it's ASTS, i really think it's going to be the next big thing in 2-3 years maybe less

  • @Dougsellshouston
    @Dougsellshouston 3 місяці тому

    Snowball hack don’t pay money for it do the trial when it expires delete it re do and get another month free

  • @campingalan
    @campingalan 3 місяці тому

    SCHD is my biggest holding. SCHG is slightly ahead of my 3rd holding, VTI. I did a 40%/30%/30%, respectively, distribution.

  • @owenwolrey9982
    @owenwolrey9982 3 місяці тому

    You’re completely right

  • @campingalan
    @campingalan 3 місяці тому

    Hi there. SCHD is my biggest....barely. My taxable brokerage account is 36k. I started it with 25k 1.5 yrs ago with 10k in schd, 7500 in schg, and 7500 vti. In that 1.5 yrs, schd grew to 13k+, the schg is almost as high at 12k+, and the vti is 10+k.

    • @Westyinvests
      @Westyinvests 3 місяці тому

      We love our SCHD! I expect SCHD to continue to out perform most dividend stocks and will keep growing my positions! SCHD is now 9% of my portfolio!

  • @alexabrown1146
    @alexabrown1146 3 місяці тому

    Awesome video!! One question, I'm a high school graduate looking to pursue either accounting or finance at university. Would you recommend accounting so far, in terms of pay and job satisfaction? Cheers

    • @Westyinvests
      @Westyinvests 3 місяці тому

      @alexabrown1146 If you are considering getting a degree in either Accounting or Finance, I would consider getting the degree in Accounting. With an Accounting degree you can work in both Accounting and Finance, but its harder to work in accounting with a finance degree. As for which you should work in... I would say you should pick the one that interests you the most! There are some aspects of accounting that are awesome(I love doing Financial statements) but some tax returns are horrible. In terms of pay, It is a very slow start considering you will have a 4 year degree. I Started making $55,000 with no accounting history besides my education. After two years I am now making just under $70,000. Once you have your CPA license, I am working on mine, you have another $15,000 - $20,000 raise there. Like most careers, you will have larger pay increases when you change jobs. The final thing you should consider are the hours. MOST accouting firms require 60 hour weeks during tax season. I am lucky and my firm only requires 48 during tax season and we only have to work 32 hours in slow season. I really hope this helps!! If you want more info about what I do you can reach out and I'll do my best to give you as much info as I can so you can make the best decision for yourself!! (: Cheers.

  • @Westyinvests
    @Westyinvests 3 місяці тому

    Do you own any SBUX? Let me know down below!!

  • @Nick-zd4cr
    @Nick-zd4cr 3 місяці тому

    Doing awesome for only being 25! Keep it up

    • @Westyinvests
      @Westyinvests 3 місяці тому

      Thank you! It is such a slow and tedious process, but once I get to $100,000 I think that the growth will come even faster!

  • @Nick-zd4cr
    @Nick-zd4cr 3 місяці тому

    Have main and o in roth. They dont pay qualified dividends. Altria, dgro, schd all awesome in taxable account.

    • @Westyinvests
      @Westyinvests 3 місяці тому

      Most of my positions are in my Roth IRA! I do have some in a taxable account. I don't make a ton at my 9-5 so the tax on non-qualified dividneds is minimal! When I get older and make more I will have to adjust some positions!

  • @LTG-US168
    @LTG-US168 3 місяці тому

    Splg would a better choice because of low fees. You can sell more covered calls for additional passive incomes and reinvest them. In the long run, you get a bigger snow ball than VOO

  • @ali_new_world
    @ali_new_world 3 місяці тому

    when did u start? and how much did u put in? and what was the chosen stock(s)? sorry if these are too many questions but im just an 18 year old who is trying to start early given that i have a bit of disposable income

    • @Westyinvests
      @Westyinvests 3 місяці тому

      @ali_new_world I started back at the end of 2020. I didn't start taking things seriously until about 2 years ago! If you are looking to get invested in the overall market I would look into some ETFs such as VOO and SCHD. I personally invested the majority of my money into VOO. It makes up over 50% of my portfolio to this day! I hope this helps!