Sad part is the people to click on a video like this are usually already on the right track or in the right mindset. The ones that really need this knowledge would dread hearing the truth. Like telling an overweight person about the benefits of excercise
Welcome to the permission to be wealthy party! Glad you found this helpful! Feel free to comment any of your questions and we will add it to our video ideas!
You got me curious now, how does one become a consultant? I believe I have lots of valuable knowledge and experience in personal finance from both the military and civilian sector and would love to share it.
Thank you for explaining covered call strategy. For your investment income, when the fund pays out capital gains to you, you do have to pay capital gains tax on those gains. I think you're describing change in investment value (which can go up and down) vs. capital gains. And, yes, if you sell the security, you will incur a net realized gain or loss.
I’m so glad I was able to come across your videos. Sooooo many people preach investing, but it is always so general and/or all over the place so people don’t know where to start. Thanks for breaking the information down.
Although I still work, I’ve have more than one source of income (multiple) for so long, I couldn’t imagine going back to relying on just a 9-5 or in my case 8:30 to 4:30 😂 income.
Hi, I am new to your channel if you have a video showing how much you have invested in each of these different equities to generate the dividend income that you are showing. I am very close to retirement and and getting ready to deploy assets in some of these areas appreciate seeing what the income needed to generate these dividends are thank you.
All streams seem to lean toward the bullish side. What preparation is in place for a redirection of the market if we go into a realistic correction, or a long overdue bear market? Covered calls potentially cap some upside, but how about protective puts? Several years of accumulating gains should also highlight how you intend to keep those gains in the event of a down market. Also, important to indicate or suggest a liquidity position - I.e., how many months/years can you avoid drawing from investments in a correction. I mean, election year, brewing conflicts and mounting federal debt - what could possibly go wrong ?
Your content quality is good but your channel is not optimized, and your video is not SEO optimized, I mean search engine optimization SEO. Because of which your channel is not growing, video views and subscribers.
Thank you so much for letting us know. We’re growing at a rate of 15-20 wonderful subscribers per day now that we are taking the time to put together videos that are valuable to our audience. ❤️
Of course with that much earned income you guys would easily be able to invest that much! Lol. How about the average folks?!? Please at least acknowledge that your situation is like 1% of the American population. You realize that there are some of us that literally live on less than six figures.
Our goal is to help share what we have learned through the course of our journey… from making 30-40k at the start of our careers to where we are now and what we continue to learn along the way. Everyone’s journey is unique and different and we respect that.
Sad part is the people to click on a video like this are usually already on the right track or in the right mindset. The ones that really need this knowledge would dread hearing the truth. Like telling an overweight person about the benefits of excercise
not gonna lie, this is one of the most truthful comments I've seen in a cool minute!!!
Awesome video! My wife and I are both working six figure jobs and are wondering how to diversify, so this is perfect. Just gained a sub!
Welcome to the permission to be wealthy party! Glad you found this helpful! Feel free to comment any of your questions and we will add it to our video ideas!
You got me curious now, how does one become a consultant? I believe I have lots of valuable knowledge and experience in personal finance from both the military and civilian sector and would love to share it.
Thank you for explaining covered call strategy. For your investment income, when the fund pays out capital gains to you, you do have to pay capital gains tax on those gains. I think you're describing change in investment value (which can go up and down) vs. capital gains. And, yes, if you sell the security, you will incur a net realized gain or loss.
I’m so glad I was able to come across your videos. Sooooo many people preach investing, but it is always so general and/or all over the place so people don’t know where to start. Thanks for breaking the information down.
you are very welcome. It's important to break these concepts down... one step at a time.
Just discovered your channel, as a content creator myself I have fallen in love with your channel! You have earned a subscriber
Welcome to the community!
Timestamps would be a very nice addition to videos like these!
appreciate the feedback! We can get that added!
@@permissiontobewealthy no problem! thanks for the video!!
Hi Permission To Be Wealthy! I just subscribed to your channel! I'm always looking for more passive income streams!😎🏆
Ahh! Welcome to the journey! Thanks for joining.
Great video, like the break down of #6 stream
Ah yes, Covered Call ETFs have been a good addition to our strategy. Good to hear you found value with that one!
Thank you Stephanie! 🙏
You are welcome 💃🏾
Instant sub
Welcome to the journey!
Although I still work, I’ve have more than one source of income (multiple) for so long, I couldn’t imagine going back to relying on just a 9-5 or in my case 8:30 to 4:30 😂 income.
Can you please make a video of covered call etfs? Which accounts these are being held? What are they? Etc.
We plan on doing that in the future
Thank you so much for great content. Can you please do detailed video on Covered Call Premium Strategy
We have that topic on our list for sure. Stay tunned!
This is fascinating.
So are so glad you are here!
Hi, I am new to your channel if you have a video showing how much you have invested in each of these different equities to generate the dividend income that you are showing. I am very close to retirement and and getting ready to deploy assets in some of these areas appreciate seeing what the income needed to generate these dividends are thank you.
Thanks for the suggestion - we do plan on breaking down additional detail in upcoming videos. Stay tuned.
What's the list of your ETFs?
Checkout this video as we have a list of ETF’s for you to do more research on. ua-cam.com/video/E5xXqp8dapE/v-deo.htmlsi=YJUWl70j8uF_rVl2
Incomes from work isn't keeping up with inflation
It’s very important to understand how your income compares to inflation. Bc yes, general merit increases have been behind inflation for some time
All streams seem to lean toward the bullish side. What preparation is in place for a redirection of the market if we go into a realistic correction, or a long overdue bear market? Covered calls potentially cap some upside, but how about protective puts? Several years of accumulating gains should also highlight how you intend to keep those gains in the event of a down market. Also, important to indicate or suggest a liquidity position - I.e., how many months/years can you avoid drawing from investments in a correction. I mean, election year, brewing conflicts and mounting federal debt - what could possibly go wrong ?
Yes I'm starting to feel this way becoming a mom and then being pregnant repeatedly. I'd like to be more of a present wife and mom.
Your content quality is good but your channel is not optimized, and your video is not SEO optimized, I mean search engine optimization SEO.
Because of which your channel is not growing, video views and subscribers.
Thank you so much for letting us know. We’re growing at a rate of 15-20 wonderful subscribers per day now that we are taking the time to put together videos that are valuable to our audience. ❤️
Of course with that much earned income you guys would easily be able to invest that much! Lol.
How about the average folks?!? Please at least acknowledge that your situation is like 1% of the American population.
You realize that there are some of us that literally live on less than six figures.
Our goal is to help share what we have learned through the course of our journey… from making 30-40k at the start of our careers to where we are now and what we continue to learn along the way. Everyone’s journey is unique and different and we respect that.