You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K in a meme coin from just a few months ago and now they are multimillionaires.
I'm tired of these new buys every week, just to make up some assets with low percentage on my $236k portfolio and try to keep everything around 10%. Do you think these stocks you just mentioned are safe buys to outperform the market this year?
DCAing amongst various assets is a good strategy and can help reduce the impact of market volatility and thus a good strategy if you are looking to compound . However it is important to consider financial advisory when investing .
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K.
Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
I’ve been diligently working, saving and contributing towards financial freedom and early retirement, but the economy so far since the pandemic has eaten away most of my portfolio, what I want to know is this: Do I keep contributing to my portfolio in these unstable markets or do I look into alternative sectors.
You're correct. I think the smartest way to go is to spread out your investments. By putting your money into different asset classes like bonds, real estate, and stocks from other countries, you can lower the risk if one part of the market goes bad.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
"Laurelyn Gross Pohlmeier," a well-known authority in this field. I would recommend looking into her credentials more because she has a great deal of expertise and is a great resource for anybody looking for advice on how to navigate the financial market.
They will be ahead of the curve. I started my kids in high school and gave both of them $2,000 to start their Roth IRAs. The both had $10,000 by end of senior year. I am hoping they can hit $20,000 in their IRAs by the end of college. They also both hold $20,000 for school expenses. I covered their college tuitions through 529 plans. I hope they will be millionaires early in life.
Post election has seen some serious price movement with most stocks with Tesla leading the charge alongside Cryptocurrency with bitcoin reaching an ATH, presenting an opportunity for investment in the financial market . Would be interested in knowing what happens now after this and if its advisable to stick 200k of my savings into financial markets investing at this time ?
DCAing amongst various assets is a good strategy and can help reduce the impact of market volatility and thus a good strategy if you are looking to compound . However it is important to consider financial advisory when investing .
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfoIlo allocation
*''TRUDY ELIZABETH STOUFFER’'* a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market
Hit my first 100k a couple of weeks ago! Hopefully in the next ten years could see my first million! Hopefully you all see lots of gains and prosperity in your portfolios 💼
Don't put all your eggs in one basket; instead, diversify into different asset classes to mitigate risk. If you lack extensive knowledge, consult a financial advisor.
Opting for an investment advisr is currently the optimal approach for navigating the stock market, particularly for those nearing retirement. I've been consulting with a coach for a while, and my portfolio has surged by 85% since 2023
At the very least, I now grasp the concept of leverage. Creating wealth and financial freedom isn't as tough as many people believe. Building wealth and remaining financially stable indefinitely is a lot easier with the appropriate information. Participating in financial programs and products is the only true approach to make a high income and remain affluent indefinitely.
Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life because I invested early ahead this time .
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
Finding financial advisors like Stacy Lynn Staples who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
Living with parents is underrated. I'm saving about 36K USD per year on rent & and bills, and I'm investing every penny of it ON TOP of what I'm earning.
Very. I stopped giving af what ppl thought and moved back. Ofc i contribute bc i work full time, not perfect and it takes sacrifice but it’s so worth it. My family and I are originally from Ghana. It’s a very common thing to have multiple generations in a family home
It’s kind of a sad state of affairs that not everyone has a healthy enough relationship with their parents to tolerate living with them. Living with roommates would probably be the next best option by default
@@BeautyToTheMax99 in italy it's pretty normal to stay at home with parents until at least 19 when you go to university. Also very common to stay until 30 if your parents live close to the city where you study/work. What's the point of spending more just to move out? doesn't make any sense, only if you have a bad relationship with your parents
As an aldult you are suppose to help your parent not the other way around and you are not saving "on rent and bills" you are saving because other people pay for you and you take no responsability. Nothing to be proud of
The problem we have is because Most people always taught that " you only need a good job to become rich". These billionaires are operating on a whole other playbook that many don't even know exists.
Couldn't agree more! The traditional 'good job' narrative is limiting. Billionaires think differently, investing in assets, building multiple income streams, and taking calculated risks. It's time to rewrite the playbook for financial freedom."
Exactly! It's time to redefine what financial success means. By adopting an entrepreneurial mindset and diversifying our income streams, we can break free from the limitations of a single paycheck.
I'm thinking of going into investment, but Despite watching several trading videos, I haven't found practical advice that resonates with me. Can you kindly suggest a reputable trading coach who can effectively guide me through the process?
As a beginner, having a mentor is crucial for staying on track. I'm fortunate to be guided by a renowned crypto consultant, Isabella Mason, who provides expert advice and keeps me accountable."
I started stacking to SAVE wealth. I've always been the type of person to spend my entire paycheck. I hate having money just sit in the bank. I am under pressure to grow my reserve of $250k. before I turn 60, I would appreciate any advice on potential investments.
I think the safest strategy is to diversify investments. But if you need proper advice, consider speaking with a financial expertise. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.
Agreed, I've always delegated my excesses to an advisor, since suffering major portfolio loss early 2020, amid covid outbreak. I'm now semi-retired and only work 7.5 hours a week, with barely 25% short of my $1m retirement goal after subsequent investments to date.
My CFA, Judith Lynn Staufer, is a renowned figure in her field. I recommend researching her name online; you’ll find all her credentials and everything you need to work with a reliable professional. With many years of experience, she is a valuable resource for anyone looking to navigate the financial market.
I just looked up her website on google and I would say she really has an impressive background in investing. I have sent her an email hope she gets back to me soon. Thanks
You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires
Most rich people stay rich by spending like the poor and investing without stopping then most poor people stay poor by spending like the rich yet not investing like the rich but impressing them. People prefer to spend money on liabilities, Rather than investing in assets and be very profitable
I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Josh Olfert, has been an amazing experience.
I want to compliment you, you have said it all. I am a little business owner and I really want to expand my business to the next level by making myself an investor but I really don't know how to go about it..
Ms adriana understanding of market indicators is impressive. She knows exactly when to enter and exit trades for maximum profit. her siignals are top notch
Wealth is built in both bull or bear market and also wealth transfers from the impatient to the patient. One of the best ways to succeed in crypto is by trading your assets with a good strategy.
hello from norway I'm retired at 47, went from Grass to Grace. This here reminds me of my transformation from a nobody to good home, honest wife,$35k biweekly and a good daughter full of ❤ I’m forever grateful Adriana Katherine
The upcoming end-of-year stock market rally, along with the current one, has me pumped. I’ve been working double shifts and continuously buying more shares and Bitcoin. I’m grateful as my portfolio has grown by $300k so far this year
Such uncertainties are the reasons I don’t base my judgement on a ''heresay'' , 2020 had me holding trash stocks, but thankfully revamp my portfolio through the aid of a pro before seeing significant gains. To date, I've scaled up nearly 320% ROI. it's been 4 years and counting. I and my advisor are working on a 7 figure ballpark goal and we're not far.
I've stuck with ‘’Sophia Irene Powell” for years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
thanks for sharing. I curiously searched for her full name and her website popped up immediately. I look through her credentials and did my due diligence before contacting her..
I'm ecstatic with the outcome of the election and the year-end market surge. Which hidden jewels in the upcoming bull run would you buy with a 100K right now? My goal is to position myself for a prosperous Q1 in 2025.
Index Funds & ETFs: 40-50%, Emerging Markets (e.g., VWO): 10-15%, Dividend Stocks: 10-20%, Growth Stocks/Small-Caps: 10-20%, REITs: 5-10% Remember to always work with a knowledgeable person in the financial market when starting out to avoid getting burnt.
“DCA" is the golden term but the key. My dollar portfolio i DCA with is made up of 30% PLTR, 25% NVDA, 15% VOO and over 30% in digital assets, thanks to my CFA. This strategy is what works for my spouse and I. We've made over 80% capital growth minus dividends. Q3 taxable divs this year was $18,388.
I Hit 110k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. thanks to Brooke Grace Miller for helping me achieve this
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
The continuously changing economic conditions in our society have made it necessary for people to find additional sources of income; thus, I am looking at the stock market to fuel my retirement goal of $3 million.
Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.
Agreed, despite my rookie knowledge of investing, I have a financial advisor who did the trick in a bit more than 6 months after a lump sum capital of $500,000, and I've so far made a fortune. I'm now buying real estate, gold, and silver as advised by my FA.
I truly appreciate the implementation of ideas and strategies that result in unmeasurable progress, thus the search for a reputable advisor. Mind sharing info of this person guiding you, please?
Caroline Suzan Olson is my financial advisor. Just google the name, and you'd find the necessary details. To be honest, I almost didn't buy the idea of letting someone handle growing my finances, but so glad I did.
Very much appreciated. I just searched Caroline Suzan Olson on the internet, spotted her consulting page ranked top, and was able to schedule a call session. I've seen commentaries about advisors, but not one looks this phenomenal.
Tesla “TSLA” shares surge with CEO Elon Musk's involvement in the US election seemingly pays off after President-elect Donald Trump's win. which stocks could potentially become the next in terms of growth over the next few months. I've allocated $350k for lnvestment, looking for companies to make additions to boost performance.
Stocks like Tesla and NVIDIA still have some way up to go. It's always a good idea to go over it with a financial advisor. You might get new insights on how to go about it and that increases your chances of making huge profit.
Agreed! this is why I work with one. My $520k portfolio is well-matched for every market season yielding 85% rise from early last year to date. I and my advisor are working on more figures for this year. IMO, financial advisors are the most sought-after professionals after doctors.
Elisse Laparche Ewing is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
Elisse Laparche Ewing has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you need an excellent collaboration.
Retiring early! I wonder how realistic it actually is. It’s one thing to have that goal, but if you don’t have a plan, things can go sideways pretty quickly.
True! I’ve heard some real horror stories-folks who jump into early retirement without enough saved up and end up struggling a few years in. My friend tried it but found that health expenses alone took a huge bite out of his funds. It’s not as simple as just saving up a lump sum and calling it a day.
Exactly. A solid plan is essential, especially if you want to avoid those unexpected pitfalls. I actually know someone who spoke with KRIS LIZETTE DORNBUSH, a financial advisor who’s been around the block with some big names. she’s helped everyone from politicians to people like us, and her whole thing is avoiding flashy, high-risk moves. She's more focused on making sure people’s wealth lasts the long haul.
Oh, Kris Lizette Dornbush? I’ve heard about her. A friend of mine who owns a small business consulted her, and she came away with a way more sustainable strategy. Kris helped a lot of people, even some top executives and celebrities, but she also works with those who aren’t wealthy. What I like is that she’s practical-doesn’t push for these big, risky investments just for the sake of higher returns
Oh! Right, because those high-risk moves can really backfire, especially when you’re retiring early. Some people think they’ll make big money fast, but that’s a dangerous mindset. And if the market takes a hit, you could be left with a lot less than you planned for.
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear that you saved me from huge financial debt with just a small Investment, thank you Jihan Wu you're such a life saver
As a beginner in this, it’s essential for you to have a mentor to keep you accountable. Jihan Wu is also my trade analyst, he has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
Most rich people stay rich by spending like the poor and investing without stopping then most poor people stay poor by spending like the rich yet not investing like the rich but impressing them. People prefer to spend money on liabilities, Rather than investing in assets and be very profitable
To maximize this cycle, focus on growth stocks, small caps, and Bitcoin. As someone pointed out too; Working with a financial advisor can save and make you money. For example, my advisor allocated a small part of my portfolio based on Nancy Pelosi’s investments, which is legal. That portion has increased by 71% in six months.
She goes by ''Amber Michelle Smith'' a renowned figure in the financial industry with over two decades of experience. I'd suggest you research her further on the web.
Glad to have stumbled upon this, curiously inputted her on the web, easily spotted her consulting page and was able to schedule a call session. Ive seen commentary about advisers but not this phenomenal
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing below the $100k mark and in the first 2 months, my portfolio was reading $234,800. Crazy right!, I decided to reinvest a huge percentage of my profit and it got more interesting.! For over a year we have been working together making consistent profit just bought my second home at the beginning of summer
You're correct. Diversifying investments is, in my opinion, the ideal strategy because it can lessen the impact of a market meltdown by distributing funds throughout other asset classes, such as bonds, real estate, and foreign stocks.
I don't have the time to carefully evaluate my investments and research particular stocks because of my hectic work schedule. I have therefore hired a financiiaI advisr to actively manage my portfolio for the last seven years in order to adjust to the state of the market. I've been able to successfully traverse the financial environment by using this method to make well-informed judgements about when to buy and sell. Maybe you ought to think about taking a similar strategy.
How do I get involved in this? I am excited to take part because I genuinely want to create a stable financial future. Who is the driving force behind your accomplishments?
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Instead of trying to predict and prognosticate the stability of the market and precisely when the change is going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.
the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
I wholeheartedly concur; I'm 60 years old, just retired, and have about $1.25m in non-retirement assets. Compared to the whole value of my portfolio during the last three years, I have no debt and a very little amount of money in retirement accounts. To be completely honest, the information provided by invt-advisors can only be ignored but not neglected. Simply undertake research to choose a trustworthy one.
Just wanted to say, ‘Carol Vivian Constable’, my CFA, is the real deal in his field. Dig deeper into her background; she's got years of experience and is a goldmine for anyone diving into the financial jungle!
I really appreciate the dedication in each video you post. To be successful one has to have multiple income streams and so on, also investors should understand the crossover between asset classes & liquidity flow, Angie Chen Owens focuses on Multi-asset trading, a single strategy to manage risk, profit, and the code or the actual decision-making across multi-asset classes. Her skills set is top notch
I'm a 42-year-old QA Specialist at Confluera, with an annual income of $150,000. Although I do have a retirement account, I'm keen on exploring short-term investment opportunities as I prepare to shift to part-time work in the near future. What would be the most suitable strategy to achieve my goals?
Yeah, brokerage AdvisoRs could make a lot of difference. Bloomberg and other finance media have been recording cases of investors raking in 6 to 7 digits in a space of months. So, I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2020, and the least I returned was $140k ROI, and this does not include capital gain.
I really want to get in with a financial advisor this year, especially as all markets are hitting lows. I don't want to be too optimistic and end up losing everything.
My CFA Carol Vivian Constable, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Thank you for sharing, I must say, Carol appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive.
October marked our one year anniversary of using your networth tracker. We do it every month with my husband and we love seeing our networth going up steadily. Thank you for the freebie. ❤
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Charlotte Grace Miller.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
I'm surprised that you just mentioned and recommended Charlotte Miller, I met her at a conference in 2018 and we have been working together ever since.
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
Wish I could have been taught all this much earlier in life. I’m now 42 and just getting started. On the much brighter side, I can pass this knowledge along to my daughter who is now 15 and just starting to earn income.
As a job hopper. Its 100% accurate. Im only 30 but from what ive experienced, once you land at a job with good people and decent pay, its worth it to stay and rise through the ranks.
Trump's policies had been viewed by many experts as more positive for the financials sector, spurring this massive rally. It's enticing to consider purchasing some stocks, I'm contemplating investing more than $300k. Thoughts?
It seems like there's potential, but caution is warranted. hence I will advice you get yourself a financial advisor that can provide you with entry and exit points
I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in stocks, which is pretty simple. On my portfolio, which has grown over 90% in a little over a year, my advisr chooses entry and exit orders
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
Your templates are great! Been using them for months now and I’ve been seeing a steady increase in net worth, savings, and a decrease in random spending
Great video. I hopped every 2-3 years in my 20s and saw my income triple quickly; it also helps you figure out what you really want to do, what type of org you want to work for and the kind of people you want to work with. I’m at the point where I’m good with where I’m at and the stability (with kids now). Automate it all! I’m 42 with a liquid NW over a buck. I did nothing special or risky, just aim to max out all the tax advantage accounts as you earn more and let it ride :)
The financial market is a reliable choice to Diversify your portfolio with I-bonds, stocks (ETFs, REITs, dividend-paying stocks), and bitcoin. Given your budget, I recommend hiring a fiduciary to ensure you receive professional insights for a fee.
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions.
This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
I have been investing for a few years. I have reached a point where I could benefit from financial advice to improve my $200,000 portfolio for retirement, how do I maximize my ROI?
You didn't provide detailed information about your portfolio makeup. However, I recommend seeking guidance from a financial advisor for a well-informed portfolio restructuring.
Opting for an inves-tment advisr is currently the optimal approach for navigating the stock market, particularly for those nearing retirement. I've been consulting with a coach for a while, and my portfolio has surged by 85% since 2023
Sophia Irene Powell is the licensed advisor I use and I'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment
As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?.
Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.
Wall Street pitched so-called quality stocks with high profitability and low debt, as a kind of insurance against whatever the economy might throw at you. Quality stocks have underperformed the S&P500 this year, My $200k portfolio is down by approximately 20 %, any recommendations to scale up my returns on investment
Nobody knows anything You need to create your own process, manage risk and stick to the plan, through thick or thin While also continuously learning from mistakes and improving.
Until the Fed clamps down even further I think we're going to see hysteria due to rampant inflation. If you are in cross roads or need sincere advise on the best moves to take now with financial markets will be best you seek a fin-professional with fiduciary responsibilities who knows about mortgage-backed securities for proper guidance
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Mary Monica strigle” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit.
Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks
@@Donnafrank-k6e However, if you do not have access to a professional like Clementina Abate Russo, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments.
Honestly I didn’t think of bonuses as they should be invested. I was just going to use it for vacation lol. But this is such a good idea of spending 10% and investing 90%. This way it doesn’t throw off my budget and also doesn’t change my mindset that I’m ‘rich’ lol
My financial advisor also said don't check it everyday. It's been almost 2 years later and I still almost check it everyday 😂. I love it too much and I trusted that he was correct that it'll go up and down in cycles but earning still happens overall. Love this. Great video ❤
Many thanks for the video. Everybody needs financial freedom. Let this be a thread for some more simple, reproducible approach from anyone who have build wealth. I have saved up $190k to get started.
My success was largely based off of a single, simple approach (portfolio Management) but remember, investing is a journey, not a sprint - take your time, stay patient, and stay focused on your long-term goals.
At the end of the day, there's no one particular way of bridging that gap. but starting to save early and investing in the financial markets can never go wrong. if I were to start over in 2024 with less than $50k I would still use the portfolio management play-book.
. Kathleen Cheryl Constantz Just go0gle the name and you’d find necessary deets. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did
KATHLEEN CHERYL CONSTANTZ is who I work with. Have worked with her for about five years now, and her performance has been consistently impressive. She’s well known in her field, look her up.
After selling two homes in early 2024, I'm anticipating a housing crisis in order to buy inexpensively. As a backup plan, I've been thinking about purchasing stocks. What recommendations do you have for the best time to buy? On the one hand, I keep reading and seeing trader earnings of over $500k each week. On the other side, I keep hearing that the market is out of control and experiencing a dead cat bounce. Why does this happen?
Most investors can't handle a crash since they are accustomed to bull markets, but if you know where to look and how to get around, you can profit handsomely. It depends on your entry and exit strategy.
The fact that the US stock market had been on its longest bull run ever makes the widespread worry and enthusiasm understandable given that we are not used to such unstable markets. As you pointed out, it wasn't tough for me to earn over $750k in the last 13 months, so there are chances if you know where to go. I hired a portfolio advisor since I was aware that I needed a solid and trusted plan to survive these trying times.
I tried researching strategies to profit in the current market because my portfolio has been in the dumps for the entire year, but everything I tried just seemed to miss the point. Please let us know who your asset manager is by name.
Both of my kids had $10,000 in their Roth IRAs by age 18 and contribute $2,500 each year. Once they graduate from college they will begin to max out their accounts. They also have a cash savings of $20,000. I will show them your video and have them increase their contributions to $3,000. Thanks!
I remember the first time you made one of these road to 1M videos. How time has changed. I now have over $100k in investments and I'm a quarter of the way to my 1M goal and that's half way to my retitement goal of 4-5M
The only suggestion would be not to guarantee 8% annual growth in an investment, nothing is guaranteed. Past performance does not guarantee future performance and not reminding this can be misleading to beginners. If you don't believe me ask people who were investing in the Nikkei 225 before the 90s...
When you talk about the savings rate, are you talking about money solely saved for retirement? Or are you talking about all the different kinds of savings accounts that you should have like? Retirement, emergency fund, child's college tuition savings, etc?
@hummphreeyy if the savings rate you're talking about is to include all those different kinds of savings "buckets", shouldn't the general savings rate be higher?
Same, I met Elizabeth stark last year for the first time at a conference in Wilshire, after then my Life has changed for good.God bless Elizabeth stark
Commenton the job hop scenario. You jump jobs every 2 years and get pay increases but many jobs don't allow you to contribute to a 401k for several months after starting and employee match usually rolls in slowly over the first few years. Curious how this would impact the numbers shown. I am sure the 20% pay increase still overpowers these things and shouldn't be a reason not to find a better paying job but food for thought.
The thing you're not taking into account with the 401k though is you have to be vested in the company for at least at least 3 to 5 years. So like if you do, do the 401k match and you're going to leave that company in like 2 years. I don't really think it's worth it. I think a Roth IRA is better
Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge
Very true. Despite having no prior investing knowledge, my spouse and I started investing before the pandemic and pulled in a profit of approximately $950k that same year. In reality, all we were doing was getting professional advice.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before emailing her. She seems proficient considering her resume.. can I get a way to communicate with you as I have some questions.
Amazing video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires, thanks Brooke Miller
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
These scumbags really spam up your comment section Humphrey. I’ve got about 10 more years to retirement and I’m pumping as much cash as I can into a retirement account and into a money market account as well…about 20% pre tax and another appr 7% after.
Seeing as that I'm 30 right now, once I have all of my debts aggressively paid off, I'm going to open and Max out a Roth IRA account, then try to maximize my 401k as much as I can for a while so I can catch up as I have nothing invested and have a lot in Loans and credit cards. It'll be rough for the next couple of years but as long as I keep a budget, I should be good
started with index funds in september and im just about at £1k now, which is a big first milestone. im gonna go harder at it next year when my emergency fund is all stocked up. i am 24. i have savings too, btw
Can you do another video that’s more tailored to higher income earners that no longer qualify for Roth IRA contributions (example 400k plus per year)? And some of the tips and challenges in that income bracket that you recommend? Thank you.
This is quite educational. It's crucial for newcomers to keep in mind that the financial markets are highly irrational in the short run. You should constantly be ready for the unexpected. That is how chance operates. Because of the inherent risks in the market, I always favor long-term investments.
These uncertainties will always be there. Thing is, every once in a while, the market does something so stupid it takes your breath away. If you’re not ready for it, you shouldn’t be in the market. or get you a skilled practitioner.
Such market uncertainties are the reason I don’t base my market judgements and decisions on rumors' and hear-says, it got the best of me in the year 2020 and had me holding worthless positions in the market. I had to revamp my entire portfolio through the aid of my financial advisr, before I started seeing any significant results happens in my portfolio. Been using the same advisor since then and I’ve scaled up almost a million within 2 years. Whether a bullish or down market, both makes for good profit, it all depends on where you’re looking.
Not bad at all. I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market. Could this coach that guides you help?
Finding financial advisors like Sharon Ann Meny who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
Thanks for the analysis! I need some advice: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How can I transfer them to Binance?
So I’m a late starter due to some rough times in my 20s and early thirties. I have started a career where my income now well exceeds my needs. Can I still prepare myself for a comfortable retirement?
At this 8% example or if you go up to 10% a year you have around 35-45% of the value you would've had if you started 10 years earlier. I'm not sure this math is 100% correct, but you basically have 50% less if you wait 10 years until you start(simply put). I do get that people understand how much a 500k difference is, but atleast for me a percentage of what I could've had makes a bit more sense. Hope some people feel the same :)
I’m tired of all this 401(k), Roth, IRA retirement tax advantage Talk… What’s the point of making $1 million if you can’t use it until retirement age many of us aren’t going to make it that long . Let’s change the term generational wealth to “Pinball funds”
Is a 3% annual raise at work considered the average, since that's the figure used in the video? If so, what is considered a "good" versus "bad" annual raise percentage? What percent would you look for to justify not job hopping?
Your annual raise should match inflation at minimum but really increasing the income growth through job hopping every few years is usually the most lucrative
Y'know, I always like people talking about the basic math for this sort of thing. But there's always a huge caveat that is ignored. In 40 years, having $1million, will be like having $300k today. The equivalent would actually be trying to have $3million. This is based on an assumed average 3% inflation rate.
Question about the credit card debt numbers: when they take these in the survey does that assume it is not paid off each month? We use credit cards as out daily spenders for the points/cash returns but also pay it off each month. As a result we have 3-4k in credit card 'debt'. I've just never taken on of these survey or see how they analyze that data.
i work in a tiny neighborhood market an am only allowed to make a fixed amount per month but ive got a joint brokerage acc. and always put all my tips money i find and xmas money in it tryin to maximize my input my point is if i can do it i feel just about everyone can aswell i also started investing at 42 im 44 now with a decent amount IMO for someone like myself. 🤓
It's enticing to consider purchasing some stocks in this bull run. I'm contemplating investing more than $300k for retirement. While the bull run can generate short-term excitement, i also need long-term investment strategy
It seems like there's potential, but caution is warranted. hence I will advice you get yourself a financial advisor that can provide you with entry and exit points
This is why I entrusted a fiduciary with my investmnt decisions. Many underestimate advisors until emotions lead to losses. My advisor crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to over $850k. My personal best so far
Aileen Gertrude Tippy is the advisr I use and i'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.
Thank you for the lead. I curiously searched Sophie Lynn Carrabus up and her webpage popped up, and I have sent her an email. I hope she gets back to me soon. Cheers!
What do you think about taking a loan to top off investment accounts? For example, using a personal loan OR borrowing against your individual brokerage to max the Roth Ira, etc
Thanks for watching! What was your favorite step? Let me know in the comments
Thanks for another great video, Humphrey. Could I request one on your take of net worth vs cash flow please? 😊
A Bank error in your favor? I forget was that a chance card or Community chest?
Sent this to my little sister, wonderful advice
What would you do if you were Canadian?
You work for 40yrs to have $1M in your
retirement, meanwhile some people are putting just $10K in a meme coin from just a few months ago and now they are multimillionaires.
Assets that can make one successful in life
I. Crypto
2. Stocks
3. forex
You're right
But I didn't know why people remain poor due to ignorance
You're so right, Investing in bitcoin now is the best thing to do especially with the current rise in the market
people are really making a lot of money from it... therefore investing in it wouldn't be a bad idea 💡
speaking of crypto trading I know I am blessed if not I wouldn't have met someone who is as spectacular as expert Caitlin albrecht
I'm tired of these new buys every week, just to make up some assets with low percentage on my $236k portfolio and try to keep everything around 10%. Do you think these stocks you just mentioned are safe buys to outperform the market this year?
DCAing amongst various assets is a good strategy and can help reduce the impact of market volatility and thus a good strategy if you are looking to compound . However it is important to consider financial advisory when investing .
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K.
Who is this person guiding you and how can i reach he/she?
Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
Thanks for sharing. I searched for her name and found her website. I reviewed her credentials and did my research before contacting her. Thanks again.
I’ve been diligently working, saving and contributing towards financial freedom and early retirement, but the economy so far since the pandemic has eaten away most of my portfolio, what I want to know is this: Do I keep contributing to my portfolio in these unstable markets or do I look into alternative sectors.
You're correct. I think the smartest way to go is to spread out your investments. By putting your money into different asset classes like bonds, real estate, and stocks from other countries, you can lower the risk if one part of the market goes bad.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now
"Laurelyn Gross Pohlmeier," a well-known authority in this field. I would recommend looking into her credentials more because she has a great deal of expertise and is a great resource for anybody looking for advice on how to navigate the financial market.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
Started both my kids at 16 to focus on their Roth IRA with my $1-$1 match.
21 y/o has $35,000 and 18 year old has $18,000.
They will be ahead of the curve. I started my kids in high school and gave both of them $2,000 to start their Roth IRAs. The both had $10,000 by end of senior year. I am hoping they can hit $20,000 in their IRAs by the end of college. They also both hold $20,000 for school expenses. I covered their college tuitions through 529 plans. I hope they will be millionaires early in life.
Post election has seen some serious price movement with most stocks with Tesla leading the charge alongside Cryptocurrency with bitcoin reaching an ATH, presenting an opportunity for investment in the financial market . Would be interested in knowing what happens now after this and if its advisable to stick 200k of my savings into financial markets investing at this time ?
DCAing amongst various assets is a good strategy and can help reduce the impact of market volatility and thus a good strategy if you are looking to compound . However it is important to consider financial advisory when investing .
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfoIlo allocation
*''TRUDY ELIZABETH STOUFFER’'* a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
Hit my first 100k a couple of weeks ago! Hopefully in the next ten years could see my first million! Hopefully you all see lots of gains and prosperity in your portfolios 💼
A couple years ago, my net worth was -$50k. I just hit +$100k a few weeks ago too. We got this.
Once you get the snowball rolling then there is no stopping anymore. We got this 💪@@thomaslunden
I’m at 60k with my networth. I started my financial journey at 24. I’m 29 now. I feel so behind😅
@@roycehernandez8472 you’re doing better than most people in their 20s. I wasn’t positive in my net worth until I was 35 years old.
@@roycehernandez8472nah. Nothing to worry about, just don't stop
The stock market is messed up, and I have no place to dump my sixty thousand dollars.
Don't put all your eggs in one basket; instead, diversify into different asset classes to mitigate risk. If you lack extensive knowledge, consult a financial advisor.
Opting for an investment advisr is currently the optimal approach for navigating the stock market, particularly for those nearing retirement. I've been consulting with a coach for a while, and my portfolio has surged by 85% since 2023
This is very insightful. Hope you don't mind me asking you to recommend your advisor?
Her name is Annette Christine Conte can't divulge much. Most likely, the internet should have her basic info, you can research if you like
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
At the very least, I now grasp the concept of leverage. Creating wealth and financial freedom isn't as tough as many people believe. Building wealth and remaining financially stable indefinitely is a lot easier with the appropriate information. Participating in financial programs and products is the only true approach to make a high income and remain affluent indefinitely.
Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life because I invested early ahead this time .
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this consultant?
Finding financial advisors like Stacy Lynn Staples who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
If you’re into financial growth, The Elite Society's Money Manifestation is honestly a good read
Yes, you're right.)
Living with parents is underrated.
I'm saving about 36K USD per year on rent & and bills, and I'm investing every penny of it ON TOP of what I'm earning.
Very. I stopped giving af what ppl thought and moved back. Ofc i contribute bc i work full time, not perfect and it takes sacrifice but it’s so worth it.
My family and I are originally from Ghana. It’s a very common thing to have multiple generations in a family home
It’s kind of a sad state of affairs that not everyone has a healthy enough relationship with their parents to tolerate living with them. Living with roommates would probably be the next best option by default
@@BeautyToTheMax99 in italy it's pretty normal to stay at home with parents until at least 19 when you go to university.
Also very common to stay until 30 if your parents live close to the city where you study/work.
What's the point of spending more just to move out? doesn't make any sense, only if you have a bad relationship with your parents
Be independent stop being a loser
As an aldult you are suppose to help your parent not the other way around and you are not saving "on rent and bills" you are saving because other people pay for you and you take no responsability. Nothing to be proud of
The problem we have is because Most people always taught that " you only need a good job to become rich". These billionaires are operating on a whole other playbook that many don't even know exists.
Couldn't agree more! The traditional 'good job' narrative is limiting. Billionaires think differently, investing in assets, building multiple income streams, and taking calculated risks. It's time to rewrite the playbook for financial freedom."
Exactly! It's time to redefine what financial success means. By adopting an entrepreneurial mindset and diversifying our income streams, we can break free from the limitations of a single paycheck.
I'm thinking of going into investment, but Despite watching several trading videos, I haven't found practical advice that resonates with me. Can you kindly suggest a reputable trading coach who can effectively guide me through the process?
It's advisible to seek for a reputable financial advisors before getting yourself involved in any investment decisions to avoid losing your assets.
As a beginner, having a mentor is crucial for staying on track. I'm fortunate to be guided by a renowned crypto consultant, Isabella Mason, who provides expert advice and keeps me accountable."
I started stacking to SAVE wealth. I've always been the type of person to spend my entire paycheck. I hate having money just sit in the bank. I am under pressure to grow my reserve of $250k. before I turn 60, I would appreciate any advice on potential investments.
I think the safest strategy is to diversify investments. But if you need proper advice, consider speaking with a financial expertise. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.
Agreed, I've always delegated my excesses to an advisor, since suffering major portfolio loss early 2020, amid covid outbreak. I'm now semi-retired and only work 7.5 hours a week, with barely 25% short of my $1m retirement goal after subsequent investments to date.
That's impressive! I could really use the expertise of this manager for my dwindling portfolio. Who’s the professional guiding you?
My CFA, Judith Lynn Staufer, is a renowned figure in her field. I recommend researching her name online; you’ll find all her credentials and everything you need to work with a reliable professional. With many years of experience, she is a valuable resource for anyone looking to navigate the financial market.
I just looked up her website on google and I would say she really has an impressive background in investing. I have sent her an email hope she gets back to me soon. Thanks
*Don't simply retire from something; have something to retire to. Start saving, keep saving, and stick to investments*
You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires
Most rich people stay rich by spending like the poor and investing without stopping then most poor people stay poor by spending like the rich yet not investing like the rich but impressing them. People prefer to spend money on liabilities, Rather than investing in assets and be very profitable
Hello how do you make such monthly?? I'm a born Christian and sometimes I feel so down 🤦♀️of myself because of low finance but I still believe in God
Waking up every 14th of each month to 210,000 it’s a blessing to I and my family… Big gratitude to Josh Olfert🙌
I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Josh Olfert, has been an amazing experience.
Waking up every 17th of each month to $210,000 it’s a blessing to I and my family Big gratitude. Started with 14k in last month 2024
I want to compliment you, you have said it all. I am a little business owner and I really want to expand my business to the next level by making myself an investor but I really don't know how to go about it..
Assets that can make you rich
*FX
*Btcoin
*Stocks
*Gold
*Real estate
Ms adriana understanding of market indicators is impressive. She knows exactly when to enter and exit trades for maximum profit. her siignals are top notch
Wealth is built in both bull or bear market and also wealth transfers from the impatient to the patient. One of the best ways to succeed in crypto is by trading your assets with a good strategy.
hello from norway I'm retired at 47, went from Grass to Grace. This here reminds me of my transformation from a nobody to good home, honest wife,$35k biweekly and a good daughter full of ❤ I’m forever grateful Adriana Katherine
The upcoming end-of-year stock market rally, along with the current one, has me pumped. I’ve been working double shifts and continuously buying more shares and Bitcoin. I’m grateful as my portfolio has grown by $300k so far this year
Bitcoin through 2025, then high yield ETFs through the bear market 26’-27’ that's my plan.
Such uncertainties are the reasons I don’t base my judgement on a ''heresay'' , 2020 had me holding trash stocks, but thankfully revamp my portfolio through the aid of a pro before seeing significant gains. To date, I've scaled up nearly 320% ROI. it's been 4 years and counting. I and my advisor are working on a 7 figure ballpark goal and we're not far.
wow!! this is impressive.. how can i reach this advisor if you don't mind me asking?
I've stuck with ‘’Sophia Irene Powell” for years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
thanks for sharing. I curiously searched for her full name and her website popped up immediately. I look through her credentials and did my due diligence before contacting her..
I'm ecstatic with the outcome of the election and the year-end market surge. Which hidden jewels in the upcoming bull run would you buy with a 100K right now? My goal is to position myself for a prosperous Q1 in 2025.
Bitcoin through 2025, then high yield ETFs through the bear market 26’-27’ that's my plan.
Index Funds & ETFs: 40-50%, Emerging Markets (e.g., VWO): 10-15%, Dividend Stocks: 10-20%, Growth Stocks/Small-Caps: 10-20%, REITs: 5-10%
Remember to always work with a knowledgeable person in the financial market when starting out to avoid getting burnt.
“DCA" is the golden term but the key. My dollar portfolio i DCA with is made up of 30% PLTR, 25% NVDA, 15% VOO and over 30% in digital assets, thanks to my CFA. This strategy is what works for my spouse and I. We've made over 80% capital growth minus dividends. Q3 taxable divs this year was $18,388.
pls how can I reach this expert, I need someone to help me manage my portfolio
Yeah, she is Victoria Louisa Saylor , look her up. Anyone is free to contact her.
I Hit 110k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. thanks to Brooke Grace Miller for helping me achieve this
I'm surprised that you just mentioned and recommended Brooke Miller, I met her at a conference in 2018 and we have been working together ever since.
The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
I'm new at this, please how can I reach her?
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
That's inspiring! What mindset shifts are necessary for achieving this goal?
Understand that wealth creation takes time. Stay patient and persistent.
Believe in yourself, stay adaptable, and prioritize self-care for a millionaire mindset.
Couldn't agree more! But I'd add that investing wisely is the fastest route to millionaire status. Investment is key
Investing in dividend-paying stocks, real estate, or cryptocurrencies can fast-track millionaire goals.
Absolutely! Investing is key, but without a professional advisor, you risk losing money. Seek guidance before diving in.
The continuously changing economic conditions in our society have made it necessary for people to find additional sources of income; thus, I am looking at the stock market to fuel my retirement goal of $3 million.
Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.
Agreed, despite my rookie knowledge of investing, I have a financial advisor who did the trick in a bit more than 6 months after a lump sum capital of $500,000, and I've so far made a fortune. I'm now buying real estate, gold, and silver as advised by my FA.
I truly appreciate the implementation of ideas and strategies that result in unmeasurable progress, thus the search for a reputable advisor. Mind sharing info of this person guiding you, please?
Caroline Suzan Olson is my financial advisor. Just google the name, and you'd find the necessary details. To be honest, I almost didn't buy the idea of letting someone handle growing my finances, but so glad I did.
Very much appreciated. I just searched Caroline Suzan Olson on the internet, spotted her consulting page ranked top, and was able to schedule a call session. I've seen commentaries about advisors, but not one looks this phenomenal.
Tesla “TSLA” shares surge with CEO Elon Musk's involvement in the US election seemingly pays off after President-elect Donald Trump's win. which stocks could potentially become the next in terms of growth over the next few months. I've allocated $350k for lnvestment, looking for companies to make additions to boost performance.
Stocks like Tesla and NVIDIA still have some way up to go. It's always a good idea to go over it with a financial advisor. You might get new insights on how to go about it and that increases your chances of making huge profit.
Agreed! this is why I work with one. My $520k portfolio is well-matched for every market season yielding 85% rise from early last year to date. I and my advisor are working on more figures for this year. IMO, financial advisors are the most sought-after professionals after doctors.
Glad to have stumbled on this comment, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?
Elisse Laparche Ewing is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
Elisse Laparche Ewing has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you need an excellent collaboration.
Retiring early! I wonder how realistic it actually is. It’s one thing to have that goal, but if you don’t have a plan, things can go sideways pretty quickly.
True! I’ve heard some real horror stories-folks who jump into early retirement without enough saved up and end up struggling a few years in. My friend tried it but found that health expenses alone took a huge bite out of his funds. It’s not as simple as just saving up a lump sum and calling it a day.
Exactly. A solid plan is essential, especially if you want to avoid those unexpected pitfalls. I actually know someone who spoke with KRIS LIZETTE DORNBUSH, a financial advisor who’s been around the block with some big names. she’s helped everyone from politicians to people like us, and her whole thing is avoiding flashy, high-risk moves. She's more focused on making sure people’s wealth lasts the long haul.
Oh, Kris Lizette Dornbush? I’ve heard about her. A friend of mine who owns a small business consulted her, and she came away with a way more sustainable strategy. Kris helped a lot of people, even some top executives and celebrities, but she also works with those who aren’t wealthy. What I like is that she’s practical-doesn’t push for these big, risky investments just for the sake of higher returns
Oh! Right, because those high-risk moves can really backfire, especially when you’re retiring early. Some people think they’ll make big money fast, but that’s a dangerous mindset. And if the market takes a hit, you could be left with a lot less than you planned for.
Exactly. It’s not about getting rich quickly; it’s about making what you have last as long as possible.
Hit 240k today. Appreciate you for all the knowledge and nuggets you had thrown my way over the last months. Started with 24k in August 2024.,,..
I would really love to know how much work you did put in to get to this stage
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear that you saved me from huge financial debt with just a small Investment, thank you Jihan Wu you're such a life saver
As a beginner in this, it’s essential for you to have a mentor to keep you accountable.
Jihan Wu is also my trade analyst, he has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
Most rich people stay rich by spending like the poor and investing without stopping then most poor people stay poor by spending like the rich yet not investing like the rich but impressing them. People prefer to spend money on liabilities, Rather than investing in assets and be very profitable
You are right!! Save, trade and spend for necessities and a few small luxuries relatives to one's total asset ratio
I have $50K in the money market that I want to move into stocks, but I’m scared of buying at the top. Any suggestions?
Stop trying to time the market; it’s far from peaking. Consult a financial advisor if you’re unsure to avoid being others’ exit liquidity.
To maximize this cycle, focus on growth stocks, small caps, and Bitcoin. As someone pointed out too; Working with a financial advisor can save and make you money. For example, my advisor allocated a small part of my portfolio based on Nancy Pelosi’s investments, which is legal. That portion has increased by 71% in six months.
wow!! this is impressive.. how can i reach this advisor if you don't mind me asking?
She goes by ''Amber Michelle Smith'' a renowned figure in the financial industry with over two decades of experience. I'd suggest you research her further on the web.
Glad to have stumbled upon this, curiously inputted her on the web, easily spotted her consulting page and was able to schedule a call session. Ive seen commentary about advisers but not this phenomenal
As a 44.5yr old starting to save serious money finally, the opening to this video is extremely depressing lol
I laughed out loud at Graham and Humphrey. Great video!
Glad you enjoyed it!
Yes, there are great tips here)))
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing below the $100k mark and in the first 2 months, my portfolio was reading $234,800. Crazy right!, I decided to reinvest a huge percentage of my profit and it got more interesting.! For over a year we have been working together making consistent profit just bought my second home at the beginning of summer
You're correct. Diversifying investments is, in my opinion, the ideal strategy because it can lessen the impact of a market meltdown by distributing funds throughout other asset classes, such as bonds, real estate, and foreign stocks.
I don't have the time to carefully evaluate my investments and research particular stocks because of my hectic work schedule. I have therefore hired a financiiaI advisr to actively manage my portfolio for the last seven years in order to adjust to the state of the market. I've been able to successfully traverse the financial environment by using this method to make well-informed judgements about when to buy and sell. Maybe you ought to think about taking a similar strategy.
How do I get involved in this? I am excited to take part because I genuinely want to create a stable financial future. Who is the driving force behind your accomplishments?
Just research the name *Elizabeth Colleen Nurre* You’d find necessary details to work with a correspondence to set up an appointment
Thank you for the lead. I searched her site up and filled the form. I hope she gets back to me soon.
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Instead of trying to predict and prognosticate the stability of the market and precisely when the change is going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.
the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
I wholeheartedly concur; I'm 60 years old, just retired, and have about $1.25m in non-retirement assets. Compared to the whole value of my portfolio during the last three years, I have no debt and a very little amount of money in retirement accounts. To be completely honest, the information provided by invt-advisors can only be ignored but not neglected. Simply undertake research to choose a trustworthy one.
Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.
Just wanted to say, ‘Carol Vivian Constable’, my CFA, is the real deal in his field. Dig deeper into her background; she's got years of experience and is a goldmine for anyone diving into the financial jungle!
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
Dropped some heat in this
thanks Brian!
😊
I really appreciate the dedication in each video you post. To be successful one has to have multiple income streams and so on, also investors should understand the crossover between asset classes & liquidity flow, Angie Chen Owens focuses on Multi-asset trading, a single strategy to manage risk, profit, and the code or the actual decision-making across multi-asset classes. Her skills set is top notch
I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week...
Angie Owens strategy has normalised winning trades for me also. and it's a huge milestone for me looking back to how it all started
Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading
Please let me know how to contact her as I'm new to this.
The first time we had tried, we invested $1400 and after a week we received $4,230. That really helped us a lot to pay our bills.
I'm a 42-year-old QA Specialist at Confluera, with an annual income of $150,000. Although I do have a retirement account, I'm keen on exploring short-term investment opportunities as I prepare to shift to part-time work in the near future. What would be the most suitable strategy to achieve my goals?
Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. that's why seeking expert advice is essential.
Yeah, brokerage AdvisoRs could make a lot of difference. Bloomberg and other finance media have been recording cases of investors raking in 6 to 7 digits in a space of months. So, I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2020, and the least I returned was $140k ROI, and this does not include capital gain.
I really want to get in with a financial advisor this year, especially as all markets are hitting lows. I don't want to be too optimistic and end up losing everything.
My CFA Carol Vivian Constable, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Thank you for sharing, I must say, Carol appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive.
October marked our one year anniversary of using your networth tracker. We do it every month with my husband and we love seeing our networth going up steadily. Thank you for the freebie. ❤
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Charlotte Grace Miller.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
I'm surprised that you just mentioned and recommended Charlotte Miller, I met her at a conference in 2018 and we have been working together ever since.
The very first time we tried, we invested $1400 and after a week, we received $5230. That really helped us a lot to pay up our bills.
I'm new at this, please how can I reach her?
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
Wish I could have been taught all this much earlier in life. I’m now 42 and just getting started. On the much brighter side, I can pass this knowledge along to my daughter who is now 15 and just starting to earn income.
You can still earn it by now it’s very easy
As a job hopper. Its 100% accurate. Im only 30 but from what ive experienced, once you land at a job with good people and decent pay, its worth it to stay and rise through the ranks.
Trump's policies had been viewed by many experts as more positive for the financials sector, spurring this massive rally. It's enticing to consider purchasing some stocks, I'm contemplating investing more than $300k. Thoughts?
It seems like there's potential, but caution is warranted. hence I will advice you get yourself a financial advisor that can provide you with entry and exit points
I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in stocks, which is pretty simple. On my portfolio, which has grown over 90% in a little over a year, my advisr chooses entry and exit orders
Sounds interesting! Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
Marissa Lynn Babula is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
If you bought a home in 2023-2024, even the mortgage should be considered as high interest debt since the interest rate is so high!😂
😁
Your templates are great! Been using them for months now and I’ve been seeing a steady increase in net worth, savings, and a decrease in random spending
Great video. I hopped every 2-3 years in my 20s and saw my income triple quickly; it also helps you figure out what you really want to do, what type of org you want to work for and the kind of people you want to work with. I’m at the point where I’m good with where I’m at and the stability (with kids now). Automate it all! I’m 42 with a liquid NW over a buck. I did nothing special or risky, just aim to max out all the tax advantage accounts as you earn more and let it ride :)
The financial market is a reliable choice to Diversify your portfolio with I-bonds, stocks (ETFs, REITs, dividend-paying stocks), and bitcoin. Given your budget, I recommend hiring a fiduciary to ensure you receive professional insights for a fee.
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions.
This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
My CFA Grace Adams Cook a renowned figure in her line of work. I recommend researching her credentials further.
Thank you for this amazing tip. I just looked the name up and wrote her.
I have been investing for a few years. I have reached a point where I could benefit from financial advice to improve my $200,000 portfolio for retirement, how do I maximize my ROI?
You didn't provide detailed information about your portfolio makeup. However, I recommend seeking guidance from a financial advisor for a well-informed portfolio restructuring.
Opting for an inves-tment advisr is currently the optimal approach for navigating the stock market, particularly for those nearing retirement. I've been consulting with a coach for a while, and my portfolio has surged by 85% since 2023
I need to ensure I have enough money to survive on. How can I consult your advisor? My retirement account isn't performing well.
Sophia Irene Powell is the licensed advisor I use and I'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment
Her track record looks really good from what I found online. I'll take a chance and see how it goes. Thanks for the info
As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?.
Following you for a year, made $10K in profits.
Nice!
Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.
Wall Street pitched so-called quality stocks with high profitability and low debt, as a kind of insurance against whatever the economy might throw at you. Quality stocks have underperformed the S&P500 this year, My $200k portfolio is down by approximately 20 %, any recommendations to scale up my returns on investment
Nobody knows anything You need to create your own process, manage risk and stick to the plan, through thick or thin While also continuously learning from mistakes and improving.
Until the Fed clamps down even further I think we're going to see hysteria due to rampant inflation. If you are in cross roads or need sincere advise on the best moves to take now with financial markets will be best you seek a fin-professional with fiduciary responsibilities who knows about mortgage-backed securities for proper guidance
this sounds considerable! think you know any advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Mary Monica strigle” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
About to hit 100K net worth. Thanks for the awesome content !
You can do it!
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit.
Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks
@@Donnafrank-k6e However, if you do not have access to a professional like Clementina Abate Russo, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments.
@@Bestjudy001 Oh please I’d love that. Thanks!.
@@Donnafrank-k6e Clementina Abate Russo is her name.
Lookup with her name on the webpage.
I’ve always been scared to start investing, but this just proved the earlier you start, the better the rewards. Time really is money! 💸
Honestly I didn’t think of bonuses as they should be invested. I was just going to use it for vacation lol.
But this is such a good idea of spending 10% and investing 90%. This way it doesn’t throw off my budget and also doesn’t change my mindset that I’m ‘rich’ lol
My financial advisor also said don't check it everyday. It's been almost 2 years later and I still almost check it everyday 😂. I love it too much and I trusted that he was correct that it'll go up and down in cycles but earning still happens overall. Love this.
Great video ❤
Many thanks for the video. Everybody needs financial freedom. Let this be a thread for some more simple, reproducible approach from anyone who have build wealth. I have saved up $190k to get started.
My success was largely based off of a single, simple approach (portfolio Management) but remember, investing is a journey, not a sprint - take your time, stay patient, and stay focused on your long-term goals.
At the end of the day, there's no one particular way of bridging that gap. but starting to save early and investing in the financial markets can never go wrong. if I were to start over in 2024 with less than $50k I would still use the portfolio management play-book.
think you could suggest any professional/fiduciary i can get in touch with? i'm in dire need of proper portfolio allocation
. Kathleen Cheryl Constantz Just go0gle the name and you’d find necessary deets. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did
KATHLEEN CHERYL CONSTANTZ is who I work with. Have worked with her for about five years now, and her performance has been consistently impressive. She’s well known in her field, look her up.
im still waiting for the ethereum ETF review bro! your opinion is valuable. screw those who would not be interested in that review!
Ohh really
@hummphreeyy 🤣
After selling two homes in early 2024, I'm anticipating a housing crisis in order to buy inexpensively. As a backup plan, I've been thinking about purchasing stocks. What recommendations do you have for the best time to buy? On the one hand, I keep reading and seeing trader earnings of over $500k each week. On the other side, I keep hearing that the market is out of control and experiencing a dead cat bounce. Why does this happen?
Most investors can't handle a crash since they are accustomed to bull markets, but if you know where to look and how to get around, you can profit handsomely. It depends on your entry and exit strategy.
The fact that the US stock market had been on its longest bull run ever makes the widespread worry and enthusiasm understandable given that we are not used to such unstable markets. As you pointed out, it wasn't tough for me to earn over $750k in the last 13 months, so there are chances if you know where to go. I hired a portfolio advisor since I was aware that I needed a solid and trusted plan to survive these trying times.
I tried researching strategies to profit in the current market because my portfolio has been in the dumps for the entire year, but everything I tried just seemed to miss the point. Please let us know who your asset manager is by name.
Her name is Melissa Terri Swayne. Hope that helps
Just copied and pasted Melissa Terri Swayne on my browser and her page popped up immediately, thank you for saving me hours of researching.
I'm favoured, $60k every week! I can now give back to the locals in my community and also support God's work and the church. God bless America..
Assets that can make one successful in life
I. Forex
2.Stocks
3.Shares
forex is profitable and lucrative investment online
You are right.
But I don't know why people remain poor due to ignorance
Great video but just an FYI, mad spam comments here trying to get people to fall for investment traps.
Both of my kids had $10,000 in their Roth IRAs by age 18 and contribute $2,500 each year. Once they graduate from college they will begin to max out their accounts. They also have a cash savings of $20,000. I will show them your video and have them increase their contributions to $3,000. Thanks!
I remember the first time you made one of these road to 1M videos. How time has changed. I now have over $100k in investments and I'm a quarter of the way to my 1M goal and that's half way to my retitement goal of 4-5M
Sincere thanks for your spreadsheet. Love your video series on the Pamp Gold factory visit! Collector of Pamp gold myself too. 😊
The only suggestion would be not to guarantee 8% annual growth in an investment, nothing is guaranteed. Past performance does not guarantee future performance and not reminding this can be misleading to beginners. If you don't believe me ask people who were investing in the Nikkei 225 before the 90s...
When you talk about the savings rate, are you talking about money solely saved for retirement? Or are you talking about all the different kinds of savings accounts that you should have like? Retirement, emergency fund, child's college tuition savings, etc?
You’re right
@hummphreeyy if the savings rate you're talking about is to include all those different kinds of savings "buckets", shouldn't the general savings rate be higher?
Hi Humphrey, do you max out your HSA and utilize its tax loophole?
Yes
your not going to be a millionaire overnight in 2025 it takes decades of investing to hit a million dollars with consistent investing
Bank worker here, right pic in clickbait(assuming 100s) is far more than a million, can fit a million in 100s in not to big of a container
You have to put interest and learn more about this investing
Thank you Lord Jesus for the gift of life and blessings to me and my family $14,120.47 weekly profit Our lord Jesus have lifted up my Life!!!🙏❤️❤️
I'm 37 and have been looking for ways to be successful, please how??
Sure, the investment-advisor that guides me is..
Elizabeth stark
Same, I met Elizabeth stark last year for the first time at a conference in Wilshire, after then my Life has changed for good.God bless Elizabeth stark
Her services is the best, I got a brand new Lambo last week and paid off my mortgage loan thanks to her wonderful services!
Commenton the job hop scenario. You jump jobs every 2 years and get pay increases but many jobs don't allow you to contribute to a 401k for several months after starting and employee match usually rolls in slowly over the first few years. Curious how this would impact the numbers shown. I am sure the 20% pay increase still overpowers these things and shouldn't be a reason not to find a better paying job but food for thought.
What are your thoughts on CD's? I know its not a huge return on your money but it seems very safe way to at least grow some of your money?
The thing you're not taking into account with the 401k though is you have to be vested in the company for at least at least 3 to 5 years. So like if you do, do the 401k match and you're going to leave that company in like 2 years. I don't really think it's worth it. I think a Roth IRA is better
Just sold some properties with my family and looking into stocks to buy... this should be exciting
Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge
Very true. Despite having no prior investing knowledge, my spouse and I started investing before the pandemic and pulled in a profit of approximately $950k that same year. In reality, all we were doing was getting professional advice.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before emailing her. She seems proficient considering her resume.. can I get a way to communicate with you as I have some questions.
Amazing video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires, thanks Brooke Miller
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.
I'm new at this, please how can I reach her?
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
she's mostly on Snapchats, using the user name
Started investing biggly since starting work 2yrs ago. Already at 70k€, investing 75% of my income!
These scumbags really spam up your comment section Humphrey. I’ve got about 10 more years to retirement and I’m pumping as much cash as I can into a retirement account and into a money market account as well…about 20% pre tax and another appr 7% after.
Thank you
Seeing as that I'm 30 right now, once I have all of my debts aggressively paid off, I'm going to open and Max out a Roth IRA account, then try to maximize my 401k as much as I can for a while so I can catch up as I have nothing invested and have a lot in Loans and credit cards. It'll be rough for the next couple of years but as long as I keep a budget, I should be good
started with index funds in september and im just about at £1k now, which is a big first milestone. im gonna go harder at it next year when my emergency fund is all stocked up. i am 24. i have savings too, btw
Can you do another video that’s more tailored to higher income earners that no longer qualify for Roth IRA contributions (example 400k plus per year)? And some of the tips and challenges in that income bracket that you recommend? Thank you.
This is quite educational. It's crucial for newcomers to keep in mind that the financial markets are highly irrational in the short run. You should constantly be ready for the unexpected. That is how chance operates. Because of the inherent risks in the market, I always favor long-term investments.
These uncertainties will always be there. Thing is, every once in a while, the market does something so stupid it takes your breath away. If you’re not ready for it, you shouldn’t be in the market. or get you a skilled practitioner.
Such market uncertainties are the reason I don’t base my market judgements and decisions on rumors' and hear-says, it got the best of me in the year 2020 and had me holding worthless positions in the market. I had to revamp my entire portfolio through the aid of my financial advisr, before I started seeing any significant results happens in my portfolio. Been using the same advisor since then and I’ve scaled up almost a million within 2 years. Whether a bullish or down market, both makes for good profit, it all depends on where you’re looking.
Not bad at all. I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market. Could this coach that guides you help?
Finding financial advisors like Sharon Ann Meny who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
Thanks for the analysis! I need some advice: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How can I transfer them to Binance?
The life expectancy is much shorter these days. I'm not too focused on 1Million just a nice positive net worth and maintaining a debt free life.
So I’m a late starter due to some rough times in my 20s and early thirties. I have started a career where my income now well exceeds my needs. Can I still prepare myself for a comfortable retirement?
Does this apply to everyone or just the snp?
Thank you for sharing, Humphrey!
If you're 45 and over, this video is depressing. Good lord lol.
should I put the while 6,000 in at one time ?
Yes you can but you have to be perfect on it
Would love to find a career where every time I jumped jobs I made 20% more lol
At this 8% example or if you go up to 10% a year you have around 35-45% of the value you would've had if you started 10 years earlier. I'm not sure this math is 100% correct, but you basically have 50% less if you wait 10 years until you start(simply put). I do get that people understand how much a 500k difference is, but atleast for me a percentage of what I could've had makes a bit more sense. Hope some people feel the same :)
I’m tired of all this 401(k), Roth, IRA retirement tax advantage
Talk…
What’s the point of making $1 million if you can’t use it until retirement age many of us aren’t going to make it that long .
Let’s change the term generational wealth to “Pinball funds”
Should I do a roth 401k or a traditional? My employer offers both but i’m not sure
Is a 3% annual raise at work considered the average, since that's the figure used in the video? If so, what is considered a "good" versus "bad" annual raise percentage? What percent would you look for to justify not job hopping?
Your annual raise should match inflation at minimum but really increasing the income growth through job hopping every few years is usually the most lucrative
Y'know, I always like people talking about the basic math for this sort of thing.
But there's always a huge caveat that is ignored.
In 40 years, having $1million, will be like having $300k today.
The equivalent would actually be trying to have $3million.
This is based on an assumed average 3% inflation rate.
Saving 4k a month in my early 20s
Question about the credit card debt numbers: when they take these in the survey does that assume it is not paid off each month? We use credit cards as out daily spenders for the points/cash returns but also pay it off each month. As a result we have 3-4k in credit card 'debt'. I've just never taken on of these survey or see how they analyze that data.
i work in a tiny neighborhood market an am only allowed to make a fixed amount per month but ive got a joint brokerage acc. and always put all my tips money i find and xmas money in it tryin to maximize my input my point is if i can do it i feel just about everyone can aswell i also started investing at 42 im 44 now with a decent amount IMO for someone like myself. 🤓
Late investing so having to drop allot more in a shorter time.
It's enticing to consider purchasing some stocks in this bull run. I'm contemplating investing more than $300k for retirement. While the bull run can generate short-term excitement, i also need long-term investment strategy
It seems like there's potential, but caution is warranted. hence I will advice you get yourself a financial advisor that can provide you with entry and exit points
This is why I entrusted a fiduciary with my investmnt decisions. Many underestimate advisors until emotions lead to losses. My advisor crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to over $850k. My personal best so far
I could really use the expertise of this advsors
Aileen Gertrude Tippy is the advisr I use and i'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.
Thank you for the lead. I curiously searched Sophie Lynn Carrabus up and her webpage popped up, and I have sent her an email. I hope she gets back to me soon. Cheers!
great vid
When you say S&P 500 the Vangaurd ETF?
What do you think about taking a loan to top off investment accounts? For example, using a personal loan OR borrowing against your individual brokerage to max the Roth Ira, etc
Bad idea unless you were sure you will gain in short squeeze like amc and gme
Dump your life savings into DJT?
Do you all count retirement money as “savings”? For example the 401k money
I also love Wolves and Finance
Click bait
Started at 19