Відео

I reached $100k last quarter, which felt good but anticlimactic. You still keep working, saving and making good choices in an unstable economic environment. However, despite market gains, my portfolio has seeing great decline. I'm looking to improve it and maximize returns.

you'd be a lot better off starting a business, you'd make money 1000x faster with a business than you would waiting 35 years until you're an old man barely able to walk and enjoy your life

you're gonna be dead in 35 years

Why did one million people make a video on the same topic

How would it work out if you opened the account with about 60k and reinvested just the dividends? How long would it take to get to a million?

capitalism requires steady growth of population.

Just found your channel - great job, keep it up

Can somebody make the same video, but include inflation and predicted purchasing power in that 45 years?

Another factor to consider, given current demographics, many developed countries will no longer be able to maintain the cost of pension payouts over the coming decades. Last estimates I heard place the US failure to maintain payouts at sometime around 2035 (cant remember what bank was making then projection). Again, is it worth it to bother saving for retirement?

Why not skip saving for retirement, live life to its fullest while your healthy, and take a magic potion (available in Canada) when your too tired out to keep going?

Can you do a video on how you were able to get to 1mil within 15 years?

Thank you!

100$

Need to start investing as much as possible to have enough of a nest egg to delay SS as long as possible. Best time to start investing is yesterday! 😊

Really like the overall channel. Great work

Thank you for your time creating these outstanding vids!

If you want to retire at 55 or earlier, get into law enforcement

bad news, social security wont be around when were 60+

Hello Sir, Are you interested to do SEO in your videos for more views and reach your videos to your targeted audience ?

You made a big mistake in this video around the 2:15 mark. you were talking about the return of stocks and inflation. you said stocks historically maybe give 10 but with inflation will bring it down to say 7 percent. This is 100 wrong. You add inflation not subtract it. The s and p 500 has historically returned 10 percent during the baby boom years but this will not be true going forward as we have a negative birth rate around the world plus we have massive debt around the world. here is a lesson to your audience...let's say the s and p 500 average p/e is 15 its not currently 25. let's do the inverse of 15 which is 1/15 = 0.06666 times 100 = 6.7 percent. 1/25 is 0.04 times 100 is 4 percent. In the current situation you will more than likely get a 4 percent return if you buy the s and p 500. but there is more. historically the inflation rate is 2 percent at least in usa. you do not subtract inflation but instead add it to the return since assets go up with inflation. an asset would be a house or a stock for example. plus you get world gdp growth for free as well. which during the past 20 years may of been 5 percent. so historically speaking you would get 7 percent from s and p 500 if p/e is 15 plus 2 percent inflation plus 5 percent world gdp growth. 7 plus 2 plus 5= 14 percent. you have to remember during covid we spent what 6-7 trillion dollars above budget we take in 4 trillion a year taxes. every 1 dollar we borrow only adds .25 cents to gdp plus we still have to pay principle and interest back. so anytime we borrow the gov't borrows they destroy .75 cents. we are well past the point of diminishing returns when we overuse one of the 3 production fuctions ie land labor and capital. the world gdp growth today is said to be 3 but that probably is not accurate as we are using debt to fuel our consumption and we have no way to repay the debt hell we can barely keep up with interest payments. you could take 100 percent of the billionaires money in the world and wouldn't put a dent in the debt. the big hedge fund managers only 10 percent can beat a 7 percent return. which is kinda sad considering if you had just bought the index you would of got at least 10. but in inflation the returns go up not down. you add inflation to the return. a p/e of 20 is a 5 percent return expected before adding any macro factors. which means it takes you 20 years to get your initial investment back! lets say coca cola is trading at 50 bucks and they pay you 2 dollars a year in dividends you can expect to get paid year 1 2 dollars year 2 2 dollars year 3 maybe 2.25 year 4 maybe 2.50 year 5 2.75 year 6 3 dollars year 7 3.25 etc It still will take you a number of years to get your principle back your initial investment back maybe even 20 years. but after 20 years everything will be profit and eventually you will add more and more shares thus increasing the cash flow. going forward though despite world gdp growth at 3 percent i would say 0 since we are using debt to fuel that growth going into more debt. and the debt is bad debt we are using it for consumption not investment. good debt would be buying a company for 1 million that tomorrow is worth 2 million and over next 10 years maybe worth 20 million. i would argue even treasuries at 4 percent are not safe anymore b/c its still debt a promise to pay. i'd be more happy owning a little gold/silver in today's environment, some farmland,maybe some water, some food, some oil, little real estate, some good businesses that pay good dividends. I'd rather own a company that produces or makes something rather than a service. when times get tight people aren't going to movies or out to eat but they still need their trash picked up they still need their ac on they still need their toilet fixed. they still need a place to live they still need food and water. the savings rate in america today is 0. this is a recipe for disaster more money printing, more debt, highest credit card debt in history, high student loan debt, high car debt, overpaying for homes you can't afford with minimum investment in said home ie 5 percent instead of 20 percent plus low birth rate world wide. not to mention several wars currently going on that may escalate to ww3. not including natural disasters hurricaines floods earth quakes. add more fuel to the fire you have most banks insolvent currently. they are negative on their bonds when rates went from 1 to 4 and negative on real estate. most people bought homes at 2 percent that this year 7 trillion has to be refinanced at 7 percent and thus banks will take huge losses due to this as well. another 7 trillion over next 2 years. we increased the money supply during covid 40 percent! most oil etc is traded in usa dollars so there is high demand still for usa dollars around the world. thus the dollar went up in value. but eventually this inflation will turn to deflation as companies lay off works as people loose their jobs they can't afford their new big homes they can't afford to pay the high prices for food they can't afford to drive their car pay for their car debt their student loans and their credit card debt. i don't know when it will happen but we basically need 300 trillion to be destroyed world wide to reach some equalibrium of what the true market really is. but what is more likely is we will continue on this train until it crashes. more gov't spending, more debt. and when the entire world has so much debt no jobs just thousands of zombie companies that are mearly paying interest on debt that is when we will see a huge crash in the markets. we are in an everything bubble right now. stocks high, oil high, food high, rent/mortage high. the banking sector is in trouble, the real estate market is in trouble, the stock market is in trouble. it is true that is you were getting said 10 percent on 1 million and withdrawing 4 percent of 1 million ie 40k a year you will in effect never run out of money due to 10-4=6. the problem today is they no longer are going to get a 10 percent return. they might even struggle to get 3-4 percent. so if you are getting a 4 percent return and take out 4 percent your return is 0. and you 1 million will disappear in 25 years taking out 40k a year. noone alive today remembers 1929 b/c everyone is dead now. but when we do we will suffer for at least a decade after this mega crash we have been kicking the can down the road. in usa we bailed out the banks, bailed out car industry, bailed out the air lines, bailed out the banks again. we going to bail out the banks again when real estate bubble pops again? we bailed out the cruise lines. the gov't shouldn't be in the position of picking winners and losers. interest rates have to go down why? b/c we are in so much debt world wide noone can afford high interest rates. its bad for business bad for the poorest americans who have no assets and with inflation the rich get richer and poor get poorer. we have to stop spending money we do not have. stop buying uber eats 5 days a week get off your lazy bum and go get it yourself! or better yet cook in your kitchen.we have made college unaffordable for most people they are in huge debt when they get out huge credit card debt huge car debt and then huge home debt that will take them 50 years to pay off. by the time they get around saving for retirement its too late. we will have generations of people with their only income of social security with working till day they die. a lifetime of work with no assets to show for it. this is why i started my channel to increase the returns people are getting to invest money smarter and wiser you can retire in 10 years if you save and invest 50-70 percent of your income while you are young and still productive. if you live way below your means have no debt and save a good amount and make wise decisions. if a janitor can retire with 8 million never making more than 10 dollars an hour what is our excuse? if 50 dollars a month from 18 to 65 is almost a million what is our excuse? everyone is paycheck to paycheck everyone is in debt everyone is stuggling even those making 100-200k a year! the poor pretending to be rich and the rich pretending to be poor. a few super savers investing meanwhile the masses are left behind struggling to pay for mcdonalds. we got young people strung out on drugs with homeless signs on every street corner in america. noone wants to work anymore. they want a free hand out. free food stamps free health care free college free everything. but in economics there is no such thing as a free lunch. someone has to pay for it. like 2pac said its time we start making some changes. We gotta make a change. It's time for us as a people to start makin' some changes "Let's change the way we eat Let's change the way we live And let's change the way we treat each other You see, the old way wasn't working so it's on us to do What we gotta do, to survive"

Hi, Could you please provide the discord link? Seems like it expired

55! Shoot, I don't wanna work after 45.

If your goal is to save/invest enough principal quickly to make the 4% rule work, the operative issue is getting your lifestyle down well below your active income. For example, say you have no kids and no debt. Should be no problem to live on 100k. So get your income to 200k and save/invest half. Also, you aren't going to need to draw anywhere near 80% of that income in retirement if you keep your lifestyle under control. Obviously this isn't going to work for a 50k income. For small incomes, you need a long time horizon.

I love my Roth Account.i put 150 per week into the account and just watch the money grow for me.i dont worry if it goes down because thats just the market I look at if the market is down thats a gift from the market gods it means I get more shares and a discount.

Whats a good tsp allocation in your opinion?

As a fed I pay the same premiums (post tax) for the same healthcare coverage all through retirement. How shpuld I calculate that into my numbers? I'm 33 with an hsa too.

@Financial Freedom. Nice work here. Logical. Can you look at normal retirement savings for a person using TSP in the military and getting tax free housing allowance. Military folks need help with this.

100k felt pretty easy as I was never a spender and out of college I really didn't like to spend money so just invested it all. Saved close to 200k in about 5 years, should take another 9 years or so before I can hit 1M total investment assets though.

Thank you I learned something new

I am a public service employee. Would love to hear you discuss 457b plans. My income isn't high enough yet where I would be able to max out a 457b traditional/roth and a roth ira so wondering if I should prioritize my 457b roth or roth ira?

you accumulate more money faster . but you dont get to 1 million from 100 k faster thank 100 k from 0 . so stop

not true . this is one of the biggest lie ever on youtube

I have questions. When I follow people like you, everyone has a whiteboard to take notes and lecture back to us. Has someone told you to use a whiteboard?

Companies like Samsung cannot join the S&P 500...

This is interesting… good to know

I also have a daughter and would like to see a world where women are treated fairly, where pay is based on merit and opportunities are equally available to men and women. Economically speaking, from the individual perspective, having children is a big disadvantage for women. Labor force participation differs greatly between the genders as a cause of disparity in income earned. Fertility rates of a country correlate inversely with the labor force participation of women. when woman can have access to birth control, and perhaps when there are social programs to help with childcare, it allows more women to participate in the labor force. gender role expectations of women as caregivers for their children, and their parents also limit their labor force participation, they might have to work part time rather than full-time or not be able to work at all to meet their caregiver obligations.

How would you invest an HSA? Is holding a reit etf better in an hsa or Roth ira? Or equal? Thanks for your content.

*Excellent!!! I appreciate your video. Gaining financial freedom is the most important thing in everything individuals mind, currently in this high rent of inflation. As a newbie to trading, I am looking for a suitable broker. To start up copy trading in other to accumulate profit. Can you recommend anyone for beginners? I would greatly appreciate any suggestions.*

*Excellent!!! I appreciate your video. Gaining financial freedom is the most important thing in everything individuals mind, currently in this high rent of inflation. As a newbie to trading, I am looking for a suitable broker. To start up copy trading in other to accumulate profit. Can you recommend anyone for beginners? I would greatly appreciate any suggestions.*

there are lots of foreigners that would come to USA and work for themselves while contributing to American society Illegal immigration should be dealt seriously, however normal immigration is good for society

One item you're not discussing here is that if I don't NEED the money at 62 and can invest that money on my own, it typically makes sense to start as early as possible and investing it at a higher rate of return.

Great channel. I subscribed. How do you invest in a child’s retirement account? Don’t they need an income? What is the best way to invest for a child?

Save $7,000.00 per year at a 7% rate of return per year (SCHB or VOO) = $100,000.00 in 7.84 years and then let it "snowball" for 25 - 30 years!

Thanks for the vids, I've been binge watching them all. Is it always smarter to pay the 20% down payment instead of getting an FHA? While leaving that down payment in the market? For example, if you have 200k in a taxable brokerage and leaving it in there instead of putting down the 80k in this 400k home scenario?

awesome explanation

GDP is irrelevant. It's velocity of money recirculating at the local level before taxes destroys each printed dollar. Young illegals spend more.

SS is already planned to go insolvent in 2033 and that's public record. Might wanna run those numbers again.

Solid basic information. It's probably also worth mentioning the option of getting full-time working income up proportionately higher than the relationship to retirement income you're mentioning. Then save/invest a higher percentage for a shorter period (or portion of your overall period). Another potentially big factor is being able to stop/cut way back on work without having to draw from investments for some time, so they can continue to grow from the full principal. And there's also the option of continuing to do some light part-time work after retirement. So let's say I can clear $100/hour full-time. That's 200k/year. Maybe I save/invest 50% of that for more like 5 years. Even as low as 8%, that's pushing 600k in principal. Then I "retire" by cutting back to 50 hours/month, or 60k/year. Maybe I also have some passive income. Between that and the 50 hour/month gig, I can live indefinitely without having to draw from principal or take SS. IMO, retirement is mostly about being able to do stuff you don't have time for when working (or working too much). If you enjoy working, and it's not keeping you from doing other things, there's no real reason to stop. For most people, just cutting back is probably a more pragmatic answer. For sure, it makes a lot of sense to take full advantage of compounding returns over the longest possible term. But in reality, there are lots good reasons that doesn't happen. Travelling and doing non-work stuff when you're young is one. Another big factor is debt. Being debt-free makes cutting back/eliminating work very different than it would otherwise be. And the ability to generate an income well above your comfortable lifestyle is key. Saving 50-75% of your income adds up fast - same as spending 125-150% of your income adds up fast!

When planning for retirement, a critical issue with respect to Social Security claiming, RMDs and IRMAA, thank you!

Im 40 now and never calculate SS into my calculations because you really never know what will happen with it. Great information for people starting out.