Erica, I wish I knew this at 20. I had decent 401k and lost 75% of it in 2008. Then rebuilt with what I had left without adding to it. I quadrupled that and it's still growing without contributions. Although small amount of what I really need to retire. Plus I started drawing on it this year at 60. My income is very low.
You’re Awesome…….. I did 25 years in the Army, and wasted so much hard earned money on junk over the years. I knew about investing, but was always afraid to pull the trigger. I didn’t know the difference between investing and trading. Being afraid to take that risk over reward kept me out of the stock market. All it took was watching a few videos…… now I’m investing for my son so he doesn’t have to wait the 25-30 years…just maybe 20 and he’s set. If our new soldiers, sailors, Airmen, Marines were shown something like this at the beginning of their careers, you’d have a lot more people staying in the service. 20 years….pension, medical benefits, and a million bucks at the end of that career. Anyone can do it!
I’m not sure where you are financially, but if you’re passionate about it and looking to make a little extra cash to make up for not starting sooner, you could start a small business targeting soldiers, sailors, airmen, marines, etc to give them this information. You don’t have to charge much, but selling a small ebook (or some other product that you think is suited to the audience), could change both your life and theirs. They will listen to you more closely than people who haven’t served like them. Honestly, if you’re passionate enough about it, charge the least amount you can (while taking your time & energy into account), and get it to as many service members as possible.
@@khij36s I wouldn’t charge at all. But I’m not really a subject matter expert in investing. I use to be a Special Forces instructor, and always had a captured audience of 200 people in an auditorium setting when I gave in-briefings……. If I could go back I would tell them…. Aside from everything you’ve seen we do on the screen behind me….and this is just little Ol me talking. At the end of this great career you’re about to embark on, you will want a little nest egg. Over the course of this career you’re will get extra pays for different levels of training, high risk training and non taxable deployments. Put something away each month if you can, find investments, find out how to invest, because Before you know it, 20 years will be over (time flys when you’re having fun) and the Army will pay you 50% of your “Base Pay” for your troubles. Please think of the endgame and your family.
I’m currently 2 1/2 years into my military career in the Marines and I can tell you I’ve been trying to help Marines to start investing now and it’s so hard. I’m 21 and I invest about 600/month since all expenses while active duty are paid for… Most military members just waste money on crap they don’t need because they have the money. Don’t even get me started on the benefits we have with high end credit cards.
@@RefIexz Outstanding! Keep it going Marine! Man there were so many deployments I had that were tax free and like you said, I spent it on junk. I even got extra pay, for jumping out of planes another $150 a month, and being a Green Beret another $450 a month…….. all wasted. Don’t make the same mistakes I made. And stay single…lol
I never really thought about investing when younger (cause I honestly thought Id live forever -- lmao Im kidding of course). Well Im almost 59 now, and just starting to get serious about my money. I only have a little over $1700 saved, but its a start and better than nothing!
That’s actually smart. Just put aside money leave it alone for a very long time lol and hopefully 🤞 you’ll be a millionaire or close to it. I’ll check your website to see what to invest in!
It's to become a millionaire, you're more than welcome to invest less or more, depending on your goals. And the sad thing is that this isn't just the country man, it's how the world works, and will work due to human nature. Anyone that tells you otherwise is either from a different cultural view, or might not have the same goals
The typical American household spends about $18k per year on non essentials. The average car payment is over $700 per month. Most Americans have the ability to become millionaires if they are willing to sacrifice a little more in the short run for more in the long run. But that’s the opposite of what we are conditioned to do and thus the opposite of what most do.
I signed up this month and deducted for monthly subscription and I put in money and when I select the fraction and it won’t let me submit the amount. It says insufficient. I thought it’s only need $10 to start. I deposited 260$ and still can’t invest.😢
@@Settemi_012 When you open account with any financial institution, you will need either parent to be co owner of the account. If you want an account Schwab or Fidelity, get one of parent's help and open the account. Before my daughter went off to college, she was still 17 years old. She had to have me present and sign when first opening the account. After she became adult, the account got moved to her name only.
📈🤑 She probably didn't uncover 40s and upwards as it might be too much to take in. If you're in your 20s and partying away and smoking your money... well you just might see this again when you're 35 or plus.
@@azeemsiddiqui4764non essentials is just anything that isn’t food or rent which a huge speculation, you can’t ask people to live on a survival mode to be called such millionaires in a few years.
@@sonicycles I assume you have not seen the recurring news on gold IRA investment companies where people have lost their entire retirement savings. The latest this year is Oxford Gold and it showed on the news the main office glass door is locked and office vacated. Also, it was reported that the website is down and the customer service lines are all disconnected and the owner has left the country. Many investors have contacted the depository where their gold and silver should have been sent to and stored for their IRA and the depository said they have NO record of their coins/bullion. Deposits at banks have some protection by FDIC, credit unions by NCUA and major U.S. brokerages by SIPC. "Physical" precious metals investments are NOT eligible for any SIPC coverage. Oxford Gold had an "A+" rating on the Better Business Bureau and suddenly dropped to an "F" so reviewing rating on BBB website does not protect you and should not put anyone's mind at ease.
No one teaches you how? The Money Guy Show. Imran the Finance Engineer. Sean the Real Estate Guy. I Will Teach You To Be Rich. Mark Tilsbury. Vivian the Rich BFF.
![Chris Langan - The Interview THEY Didn't Want You To See - CTMU [Full Version; Timestamps]](/img/n.gif)
You always brighten up my day Erika. 😉🌹
I've been in that class twice!! Good seeing you again!💯
Bro really flunked a 5 day class 😂
Erica, I wish I knew this at 20. I had decent 401k and lost 75% of it in 2008. Then rebuilt with what I had left without adding to it. I quadrupled that and it's still growing without contributions. Although small amount of what I really need to retire. Plus I started drawing on it this year at 60. My income is very low.
You’re Awesome…….. I did 25 years in the Army, and wasted so much hard earned money on junk over the years. I knew about investing, but was always afraid to pull the trigger. I didn’t know the difference between investing and trading. Being afraid to take that risk over reward kept me out of the stock market. All it took was watching a few videos…… now I’m investing for my son so he doesn’t have to wait the 25-30 years…just maybe 20 and he’s set. If our new soldiers, sailors, Airmen, Marines were shown something like this at the beginning of their careers, you’d have a lot more people staying in the service. 20 years….pension, medical benefits, and a million bucks at the end of that career. Anyone can do it!
I’m not sure where you are financially, but if you’re passionate about it and looking to make a little extra cash to make up for not starting sooner, you could start a small business targeting soldiers, sailors, airmen, marines, etc to give them this information. You don’t have to charge much, but selling a small ebook (or some other product that you think is suited to the audience), could change both your life and theirs. They will listen to you more closely than people who haven’t served like them. Honestly, if you’re passionate enough about it, charge the least amount you can (while taking your time & energy into account), and get it to as many service members as possible.
@@khij36s I wouldn’t charge at all. But I’m not really a subject matter expert in investing. I use to be a Special Forces instructor, and always had a captured audience of 200 people in an auditorium setting when I gave in-briefings……. If I could go back I would tell them…. Aside from everything you’ve seen we do on the screen behind me….and this is just little Ol me talking. At the end of this great career you’re about to embark on, you will want a little nest egg. Over the course of this career you’re will get extra pays for different levels of training, high risk training and non taxable deployments. Put something away each month if you can, find investments, find out how to invest, because Before you know it, 20 years will be over (time flys when you’re having fun) and the Army will pay you 50% of your “Base Pay” for your troubles. Please think of the endgame and your family.
I’m currently 2 1/2 years into my military career in the Marines and I can tell you I’ve been trying to help Marines to start investing now and it’s so hard. I’m 21 and I invest about 600/month since all expenses while active duty are paid for… Most military members just waste money on crap they don’t need because they have the money. Don’t even get me started on the benefits we have with high end credit cards.
@@RefIexz Outstanding! Keep it going Marine! Man there were so many deployments I had that were tax free and like you said, I spent it on junk. I even got extra pay, for jumping out of planes another $150 a month, and being a Green Beret another $450 a month…….. all wasted. Don’t make the same mistakes I made. And stay single…lol
It's too bad you stopped at 35. Lol
Thank you for letting us know that we can check your website to see when the next one is.
Any chance you’ll be doing another one? I absolutely need this. I am 51 and have nothing is savings…I desperately need this!
I never really thought about investing when younger (cause I honestly thought Id live forever -- lmao Im kidding of course).
Well Im almost 59 now, and just starting to get serious about my money. I only have a little over $1700 saved, but its a start and better than nothing!
That’s actually smart. Just put aside money leave it alone for a very long time lol and hopefully 🤞 you’ll be a millionaire or close to it. I’ll check your website to see what to invest in!
How about 40/45/50???
Whyd did u include the 40+ age group to only disregard the 40+ ….
That's what the paid class reveals.
Annoying
Apparently you didn’t realize this is an advertisement for the free class she’s doing. The one she talks about signing up for in this video?
@@sspotter1978yeah the paid free class. Smh
It’s starting to make sense why she has such common sense videos on her page.
@@Billmull8622 look out your window there's somebody walking on your lawn.
You can't be sure that you won't lose money. There's always a risk in any kind of investment.
Savings accounts, cds, and bonds don’t have a risk unless you’re counting the fact that you may not keep up with inflation.
@riggs20 that's inflation risk. And it's more of a guarantee.
I can be sure I won't lose money if I invest long enough and enough.
Just dump it in spy500 lol
What about SENIORS ERIKA
I was waiting on the 40 ye olds I’m 41
Although it's only surface-level, the free investing advice is appreciated.
Who the heck can afford that!? This country freaking sucks.
It's to become a millionaire, you're more than welcome to invest less or more, depending on your goals. And the sad thing is that this isn't just the country man, it's how the world works, and will work due to human nature. Anyone that tells you otherwise is either from a different cultural view, or might not have the same goals
That’s why you need to start early
It takes self discipline. The consistency is just as important as the amount. How badly do you want it?!
The typical American household spends about $18k per year on non essentials. The average car payment is over $700 per month. Most Americans have the ability to become millionaires if they are willing to sacrifice a little more in the short run for more in the long run. But that’s the opposite of what we are conditioned to do and thus the opposite of what most do.
None of this is unaffordable.
Why didn't you unveil 40?
Thank you so much ❤❤
I legit always miss these somehow😢
Hey Erica, are you concerned about the CBCD’s and multiple bank closures?
I signed up this month and deducted for monthly subscription and I put in money and when I select the fraction and it won’t let me submit the amount. It says insufficient. I thought it’s only need $10 to start. I deposited 260$ and still can’t invest.😢
Open a gold IRA to invest you will thank yourself later, Burch gold group does not have minimums like the other gold IRA groups asking 20k minimums
How? @@sonicycles
I'm 56 😮
Is this investing in stocks?
I’m 40. 😅😅
😂
$1000 a month until you are 65 or $500 until you are 70
The only investment is due diligence and research
I’m trying to become a millionaire in the next 5years not before my deathbed trying to enjoy my life by that time I want to take care of my grandkids
I’m 50, how about showing that amount?
My retirement plan is just to marry a rich chick
Take a number, we’re all waiting for that to happen.
😂👏🏻
Sis I had 50 dollar to survive for the week until I was 28.
I’m from Australia but assume this applies only for USA citizens?
So what’s the investment advice she’s giving?
Erika can get it 😻
invest where
Vanguard
Erika I am 52. Is there any hope for me?
Lol watching this on Monday 23rd 😂
I would love to look at your site but it shows that it's not secure.
How much for 48?
Can I send you my personal information? Like I need to learn as much as I can so I can teach the ones that depend on me.
Keep smiling
how much when your 45
Would these result in you becoming a nominal millionaire or a real millionaire? Im assuming the former
If I’m 65? $1M a month…I guess !! 🤦🏻♂️😁
Am I a failure, I make only 17 per hour, I pay $900 for rent, 380 for a car, and I am an immigrant.
No you're doing well
Great beautiful! You're so awesome & gorgeous like WonderWoman! 💎💚👑
Wait why'd you stop before 40 💀
Hello, Erika. Where are you from?
I skipped the video because it's past Monday, September 23rd so i don't know what happens next
Is 13 too young to invest? I've been curious about investing for a while but it looks complicated...
I’m 40 what’s my number to invest?
Are you a licensed financial advisor?
What if you are below 20 and want to invest??? By the way love your videos 😊😊
You can.
What exactly is your age?
Can she give steps, am 11+
@@Settemi_012 When you open account with any financial institution, you will need either parent to be co owner of the account. If you want an account Schwab or Fidelity, get one of parent's help and open the account. Before my daughter went off to college, she was still 17 years old. She had to have me present and sign when first opening the account. After she became adult, the account got moved to her name only.
What about 40 something of age
❤❤❤❤❤help
$419/month 😭 signed up. I need help
So it’s not free? 😮😅
It's how much you need to invest each month at 35 to retire a millionaire at 65. @@ChelsAleska
So what about 45 yr olds???
Aw gee I hope you don’t sell my info
She’s stunning
Im 20, my income is even less than 80$ per month. Haha
I live outside the US can I still Join?
No you can't
@@sushamaranabhaumik3423 thanks
Eh, I just watch these now to see her smile
Very cute… but still a lawyer… 😅
📈🤑 She probably didn't uncover 40s and upwards as it might be too much to take in. If you're in your 20s and partying away and smoking your money... well you just might see this again when you're 35 or plus.
Who has that much spare to invest every month...
The average American spends 18k on nonessential items per year. You definitely have enough if you don't buy stuff you don't need.
@@azeemsiddiqui4764non essentials is just anything that isn’t food or rent which a huge speculation, you can’t ask people to live on a survival mode to be called such millionaires in a few years.
❤
What about 40 and 45! Haha
We prob have to do double from the $415. So about $600 😮
You're too late 😂😂😂
Open a gold IRA to invest you will thank yourself later, Burch gold group does not have minimums like the other gold IRA groups asking 20k minimums
@sonicycles id rather buy physical gold
@@sonicycles I assume you have not seen the recurring news on gold IRA investment companies where people have lost their entire retirement savings. The latest this year is Oxford Gold and it showed on the news the main office glass door is locked and office vacated. Also, it was reported that the website is down and the customer service lines are all disconnected and the owner has left the country. Many investors have contacted the depository where their gold and silver should have been sent to and stored for their IRA and the depository said they have NO record of their coins/bullion. Deposits at banks have some protection by FDIC, credit unions by NCUA and major U.S. brokerages by SIPC. "Physical" precious metals investments are NOT eligible for any SIPC coverage. Oxford Gold had an "A+" rating on the Better Business Bureau and suddenly dropped to an "F" so reviewing rating on BBB website does not protect you and should not put anyone's mind at ease.
Oops too late 😅😅😅
It's not.
And if you're 40, just give up and go to Vegas
And if you’re 40+ it’s so much we won’t even show it
Index funds and roth IRA. Ur welcome
And how a guy with low income the whole his 40’s can invest such amount in each month ? 😳😳😳
If you got low income then invest the amout you can invest the point is to start now
You might want to look into your employer to see if they have matching 401k contributions, which is free money.
Ageism!!
IM LATE !
I can’t even invest what a 20 year old could
Millionaire by the time I retire and am too old to enjoy some things? No thanks I'd like to become rich sooner
Then you have to try harder NOW.
There is no get rich quick scheme.
When you factor in inflation, which is the unknown, those calculations will be off.
I’m sure she’s using average rate of return adjusted for inflation. We may be millionaires in 60 years and still be poor! 😮
YOU have done the math? If not, it's just an excuse to not save.
@@azeemsiddiqui4764 Curious how you come to the conclusion I am searching for a reason to not save? Do share.
babe
im 24 i invest around 160 dollars per month ,hope to become a millioanaire after 30 years 😭 but the sad part is Im gonna be poor until i turn 60
@Evermore_13 Keep at it! Believe me, you'd cry more to get to 60 without having done any investing before. The sooner, the better!
lol 30 year from now millions won’t be worth anything
What about 40?
No one teaches you how? The Money Guy Show. Imran the Finance Engineer. Sean the Real Estate Guy. I Will Teach You To Be Rich. Mark Tilsbury. Vivian the Rich BFF.
U r awesome 🫠