I have missed out on a lot of money not being decisive enough, but part of my new year resolution is to act different, perhaps utilize an advisor? my goal is achieving a 7-figure portfolio and I’ve set asides 250k for this.
I would advise the counsel of a seasoned financial pro. It may seem expensive, but as the old saying goes - "you get what you pay for" "Expert solutions require Expert providers" my mantra
Personally, I'm in line with having a licensed advisor oversee my day-to-day investing because my job doesn't permit me the time to analyze stocks myself. Thankfully, my portfolio is well diversified and has just 5X in 5 years, summing up nearly $2.7M as of today.
@@MeseiJbrowka I've worked in real estate for over 25 years and have neglected a major stock portfolio. This served me well when I was flipping and renting houses, however I need a different plan now.. mind if I look up the professional guiding you please?
I'm cautious about giving specific recommendations as everyone's situation varies. Consider independent financial advisors like Katherine Nance Dietz, I've worked with her since the pandemic and highly recommend her. You can check if she meets your criteria.
curiously inputted Katherine Nance Dietz on the web, spotted her consulting page and was able to schedule a call session, no sweat. I've seen commentaries about advisors but not one is this phenomenal
I appreciate the video and I have questions regarding sizing into a trade and also ETF/Digital assets portfolio management. Often times I see myself sizing in when my pre-determined zone is met but I’m unsure what has the best potential: going with a full size order or sizing more as my the price extends further into my zone. And how are people making $450K already in the year? Sometimes the psychological part of this is the most difficult!
The current market might give opportunities to maximize profit, but in order to execute such effective transactions, you must be a skilled practitioner
I agree. Exactly why I now work with one. A lot of folks downplay the role of advisors until being burnt by their emotions, no offense. I remember some years back, during the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. As of today, my cash reserve has yielded from $350k to nearly $1m
My CFA Laurelyn Gross Pohlmeier, 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
I already have a Fidelity FCASH plus a Laurel Road HYSA. I'm only 23 but I don't wanna have to work for the next two-thirds of my life so I've decided to start investing for early retirement NOW.
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 Charlotte Miller for helping me achieve this
I'm celebrating a $30k stock portfolio today. started this journey with 6k. I have invested on time and also with the right terms now I have time for my family and the life ahead of me
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
Paying the conversion tax out of a taxable account effectively shifts dollars from the taxable account to the Roth account where it can grow tax free (with the amount shifted equal to the tax). I view this as a kind of "backdoor" way of making a Roth contribution when I no longer have earned income to make an actual contribution.
It's recommended to save at least 20% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 20% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of compound interest and potentially grow your retirement savings over time.
Effective personal finance management is more important than the amount of money saved, regardless of whether income is earned through job or investment. Individuals can seek counsel from a certified financial advisor to optimize financial outcomes, who can provide specialized advice and methods to decrease expenses and maximize income.
I completely agree; I am in my mid 40s, approaching retirement, and have approximately over 2million dollars in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, the Fin-advisor can only be neglected, not rejected. Just do your due diligence to identify a fiduciary one.
I've experimented with a few over the past years, but I've stuck with ‘’Marisa Michelle Litwinsky” for about two years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
At my job we get 3% of our salary whether we contribute or not. They also have profit sharing that pays out quarterly. So I get roughly $6k added to my 401k from my employer every year. Not bad at all.
Glad to hear you giving a shout out to the HSA. Dave didn't seem wowed by it, but it's really got a lot of advantages if you're willing to put in the legwork.
All the financial nuggets you dropped in this video is astounding to me!!! I just started using HSA for this year what you just told me was something I was unaware of!!! I’m so glad I just happen to come across your videos!!!! Your info on IRA Roth accounts has definitely peaked my interest as well and I have one outside of my job!!! I’m still learning how to make it work for me so this video was definitely informative!!!
We’re just seeing the start of Bitcoin’s parabolic phase. There might be slight retraces, but we still have months to go. I believe we will peak at $150,000 in 2025.
Exact plan; Crypto through 2025, then high yield ETFs through the bear market 26’-27’. I have $50K in the money market that I want to move into stocks & bitcoin, but I’m scared of buying at the top. Any suggestions?
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.
I find this very informative, curiously inputted Zareen Grace Church on the web and at once spotted her consulting page, she seems highly professional from her resume
1:58 Thank you George! And that is why it is a bone headed move to stop all investing into an employer retirement plan, even with debt. An employer match ( 100% return ) beats everything but a loan shark, including credit cards. Can't catch up on compounding unless technology invents a time machine.
I am more aligned with minorty mindset and grahman, but one thing for sure George and Jade are the best of the Ramsey personalities, while George is the best youtuber of the bunch.
Nobody is asking the right questions. I'm worried about retirement and want to maximize my savings. I've tried various investments that didn't work out as I hoped, and now I'm unsure whether to invest in the stock market or index funds. Any recommendations would be appreciated.
The stock market is likely the best smart investment. However, if you are thinking of investing in the stock market and you are not well versed, its advisable to work with a financial advisor who is an expert to guide you through the process. this way you could make more profit with less risk
I totally agree with you. I started out investing on my own too and lost quite a bit. After the 2020 crash, I managed to pull out about $160k. I then invested that money with an analyst, and in just seven months, I made almost $580,000. It's amazing how having the right guidance can turn things around!
Talking about a financial market specialist, do you consider anyone worthy of recommendations? I have some money to test the waters now that large cap stocks are at a discount... Thanks
Brenda Davies Clarke 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.
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
This is a great video George! We are so proud to be Ramsey Solutions Smartvestor Pro for much of Ohio, Texas, Florida, Georgia, South Carolina, West Virginia, Pennsylvania and beyond! Through you we lead people to live like no one else!
Long time fan and Baby Stepper- BS6 here; can you do a video just like this but for military/ govt employees going over the specifics of which is best TSP accounts (G fund, C, S, I) BRS, legacy, etc??
*_I'm admittedly bummed that I didn't go with my gut instinct & buy bitcoin few months back when it was 50k - 55k range. is it too late to get in and make profits? i have set aside $150k to get fully invested this year_* ...
I think what you need is a financial advisor assigned by a brokerage company that will trade for you and handle's your capital professionally and give you weekly returns of investment without any extra fees attached.imagine I invested $14,500 with a WOman you recommended some time ago and got profits of $200,080✊✊✊ ...
Trading on a demo account can definitely feel similar to the real market, but there are some differences. It's important to remember that trading involves risks and it's normal to face looses sometimes. One piece of advice is to start small and gradually increase your investments as you gain more experience and confidence. It might also be helpful to seek guidance from experienced traders or do some research on different trading strategies
I had problem comprehending trading in general. I tried watching other UA-cam trading channels, but they made the concepts more complicated. I was almost giving up until when i discovered content and explain everything in detail. The videos are easy to Follow
It's still really good. A 50% match on first 6% is identical to the 100% match on first 3%, provided you are saving over 6% (which you *ABSOLUTELY* should be doing). This is the most common (mode) plan because it is the plan covered by the federal safe-harbor provisions. I would recommend reading "How America Saves Report 2024" - it's pretty enlightening.
Nice video. Not a criticism, I enjoy your insights. I tend to think prices could go higher if XAI47K rockets. But understand the logic for sandbagging estimates. My opinion is XAI47K breaks 1, perhaps reaches 10 ATH, if conditions are right. But broader forces are at play now. We’re moving into really unknown territory. And these entities are shrewd. I think there’s massive manipulation ahead. If XAI47K survives that, well, we’re likely in for a good pump.
My advice to new investors: Buy good companies stocks and hold them as long as they are good companies. Just do this and ignore the forecasts and market views which are at best entertaining but completely useless.
The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading.
I totally agree; I am 66 years old, recently retired, with approximately $1.2 million in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, I didn't do all this alone, but with the help of a financial advisor. Having one is currently the best way to trade in the stock market, especially for people nearing retirement.
Is there any chance you could recommend who you work with? I've wanted to make this switch for a very long time now, but I've been very hesitant about. I'll appreciate any recommendation.
Finding financial advisors like Melissa Terri Swayne who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Depends on your finances . 1000$ in XAI47K is 4000 XAI47K if it goes to 50% of ath in 2024 thats a 600% gain. If it goes equal to ath . Its a 1200% gain.
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.
My pension is 50% of what I make my final year. It’s a state pension plan. I’m curious if that is a good retirement plan or should I invest more. I also have a 401k and a Roth I just don’t dump a lot of money into them
I wouldn't assume that pension will be there. And you have no way of knowing you will stay there forever My grandpa had his pension cut once. Fortunately, he also had a military pension and a good 401K plus a paid-up mortgage, but i wonder if others in that situation didn't struggle
I have a state pension but also put money in my states 403b plan through VOYA. I want to retire making 100 percent of my salary. And I’m 5 years away from achieving. You can do it too!!!!!!
Max out your 401k and Roth regardless. Historically, pension plans were a guaranteed income but in reality, they no longer are. I know someone his pension payout was reduced by 50% due to company bankruptcy. State funded pension plans are risky as well. Don't rely on your state to "take care of you."
@@grhambosports do you want to live off 50% of your income? If the answer is no you need to invest too. If the answer is yes you should still invest more as a contingency plan and insurance. Life is unpredictable. Anything could happen
Im lucky to work at an investment firm and they put in 15% of my yearly saley once a year as a lump sun into something called Master Retirement plan, this is separate from what i out in as i out an additional 10% into a a Roth 401K, want to try and get up to 15% so i can be set for my future for my family and i. One of the main reason i dont see myself leaving this company and already been here 5 years 😅
Hey George, I need some clarification. I believe you said there are income limits to the Roth 401k and the Roth IRA. Is the limit based on how much I contribute only, or my contributions plus a company match for the Roth 401k and what I contribute plus any growth in the Roth IRA?
Great content, as always! A bit off-topic, but I wanted to ask: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?
1099 independent contractor investment advice? Traditional IRA or solo 401k. I think I’m a little confused on the solo 401k because we don’t have a LLC.
On my 401k i can choose to do pretax, roth, or after-tax. It is a 5 percent match but I dont know if i do some in pretax to match, then in roth or after tax. Or if i do 5 percent in the pretax then do my own Roth IRA
I've just begun learning about value investing, and I've found that many good stocks are undervalued despite their intrinsic value. If you had $90,000 to create a strong investment portfolio, which stocks would you choose for better returns?
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
I must say you are an inspiration because I started up investing and trading as a scared investor who doesn’t want to lose money, glad to say I’m very profitable now and bought my first house through it
The truth is that this is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. My friend just pulled in more than $84k last month alone from his investment with his advisor. That is how people are able to make such huge profits in the market.
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?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Jessica Dawn Walters” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
I just googled her and I'm really impressed with her credentials; I reached out to her since l need all the assistance l can get. I just scheduled a caII.
Stocks in the short term look more likely to move downward. I Just inherited $500k which I Look forward to invest. what stocks should I look into as a newbie to safely grow my money?
I must say you are an inspiration because I started up investing and trading as a scared investor who doesn’t want to lose money, glad to say I’m very profitable now and bought my first house through it
The truth is that this is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. My friend just pulled in more than $84k last month alone from his investment with his advisor. That is how people are able to make such huge profits in the market.
To be honest, I've been wary of banks for a while, but I wasn't sure how to speak with an advisor first. Please let me know who your adviser is if it's okay; I need some recommendations.
My CFA “Jessica Dawn Walters”, 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 mark
Can I contribute to both my employer Roth 401K with the $23,500 limit (that my income qualifies me for) and also an outisde Roth IRA with the $7,000 limit (that I also qualify for) in the same year?
Today I celebrate a stock portfolio worth $42,000. I started this journey with $6,000. I invested on time and on the right terms. I now have time for my family and the life ahead of me.
He failed to mention qualified dividends in a taxable brokerage account are taxed anywhere from 0% to 20% depending on your US federal tax bracket; which is way more advantageous than ordinary income tax rates and FICA taxes. Also in the two lowest federal tax brackets long-term capital gains for federal income tax in a taxable brokerage account is tax at 0% ordinary income for state income tax. You also can have tax loss harvesting in a taxable brokerage account offsetting capital gains with capital losses.
This is going to be a different bull market. With XAI368 coming to scene. Ben basing off previous speculative markets. I can see 300,000 next bull run.🎉🎉🎉🎉🎉
I am a truck driver, I remember giving investing my first savings of $20,000 and she opened a brokerage account for me, it turned out to be the best thing that ever happened to me, I now own 10 trucks in Puerto Rico.
Thanks for the content. I now have realistic expectations for this bull run. I entered crypto earlier this year, and now understand how global markets impact crypto, Without proper guidance, I’d probably be holding blindly instead of actively managing my positions. Growing my portfolio from 0.6 BTC to 3 BTC in a few months has been incredible. Special thanks to Amanda Sue Wright for her expertise, which has been essential in navigating this complex landscape.
The first step to successful investing is to determine your goals and risk tolerance, either on your own or with the help of a financial expert. However, it is highly recommended to seek the services of an expert.
Take up one idea. Make that one idea your life -think of it, dream of it, live on that idea. Let the brain, muscles, nerves, every part of your body, be full of that idea, and just leave every other idea alone. This is the way to success.
Actually not true about pensions (well MN PERA police pension) I earn 3% for each year of service, 100% vested after 3 years and they use my high five to determine my payout. 34 years of policing = 102% of my high five of 125K. I paid in about 12% the whole time while the city put in more. This pension I'd take all day over 457 or 401K. I collect at age 55 with no penalty... Over 125K with a cola for the rest of my life and wife's life. You'd need 3 million some dollars to replicate that. Pension's are amazing. People just don't talk about them cause most people aren't getting them..
To be a pedant: It is technically true that there's no income limit to contribute to a Traditional IRA, these contributions are only tax deductible up to a certain income if you are covered by an employer sponsored plan. And without the deduction, IRA contributions are not actually worth doing.
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
I always look up your videos for update! Our government has no idea how people are suffering these days. I feel for people with disabilities not getting the help they deserve. Thank you Mrs Samantha Donald, imagine investing $1000 and receiving $5,300.
I have missed out on a lot of money not being decisive enough, but part of my new year resolution is to act different, perhaps utilize an advisor? my goal is achieving a 7-figure portfolio and I’ve set asides 250k for this.
I would advise the counsel of a seasoned financial pro. It may seem expensive, but as the old saying goes - "you get what you pay for" "Expert solutions require Expert providers" my mantra
Personally, I'm in line with having a licensed advisor oversee my day-to-day investing because my job doesn't permit me the time to analyze stocks myself. Thankfully, my portfolio is well diversified and has just 5X in 5 years, summing up nearly $2.7M as of today.
@@MeseiJbrowka I've worked in real estate for over 25 years and have neglected a major stock portfolio. This served me well when I was flipping and renting houses, however I need a different plan now.. mind if I look up the professional guiding you please?
I'm cautious about giving specific recommendations as everyone's situation varies. Consider independent financial advisors like Katherine Nance Dietz, I've worked with her since the pandemic and highly recommend her. You can check if she meets your criteria.
curiously inputted Katherine Nance Dietz on the web, spotted her consulting page and was able to schedule a call session, no sweat. I've seen commentaries about advisors but not one is this phenomenal
I appreciate the video and I have questions regarding sizing into a trade and also ETF/Digital assets portfolio management. Often times I see myself sizing in when my pre-determined zone is met but I’m unsure what has the best potential: going with a full size order or sizing more as my the price extends further into my zone. And how are people making $450K already in the year? Sometimes the psychological part of this is the most difficult!
The current market might give opportunities to maximize profit, but in order to execute such effective transactions, you must be a skilled practitioner
I agree. Exactly why I now work with one. A lot of folks downplay the role of advisors until being burnt by their emotions, no offense. I remember some years back, during the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. As of today, my cash reserve has yielded from $350k to nearly $1m
Please who’s this consultant ?
My CFA Laurelyn Gross Pohlmeier, 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
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
I already have a Fidelity FCASH plus a Laurel Road HYSA. I'm only 23 but I don't wanna have to work for the next two-thirds of my life so I've decided to start investing for early retirement NOW.
FCASH? You should be in SPAXX. Also, get some Bitcoin.
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 Charlotte Miller for helping me achieve this
I'm celebrating a $30k stock portfolio today. started this journey with 6k. I have invested on time and also with the right terms now I have time for my family and the life ahead of me
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 $7500. 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
Paying the conversion tax out of a taxable account effectively shifts dollars from the taxable account to the Roth account where it can grow tax free (with the amount shifted equal to the tax). I view this as a kind of "backdoor" way of making a Roth contribution when I no longer have earned income to make an actual contribution.
It's recommended to save at least 20% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 20% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of compound interest and potentially grow your retirement savings over time.
Effective personal finance management is more important than the amount of money saved, regardless of whether income is earned through job or investment. Individuals can seek counsel from a certified financial advisor to optimize financial outcomes, who can provide specialized advice and methods to decrease expenses and maximize income.
I completely agree; I am in my mid 40s, approaching retirement, and have approximately over 2million dollars in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, the Fin-advisor can only be neglected, not rejected. Just do your due diligence to identify a fiduciary one.
This is exactly how i wish to get my finances coordinated ahead of retirement. Can you recommend the financial advisor you used to get ahead?
I've experimented with a few over the past years, but I've stuck with ‘’Marisa Michelle Litwinsky” for about two years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
At my job we get 3% of our salary whether we contribute or not. They also have profit sharing that pays out quarterly. So I get roughly $6k added to my 401k from my employer every year. Not bad at all.
Where do you work and what do you do? 😮😊
Glad to hear you giving a shout out to the HSA. Dave didn't seem wowed by it, but it's really got a lot of advantages if you're willing to put in the legwork.
All the financial nuggets you dropped in this video is astounding to me!!! I just started using HSA for this year what you just told me was something I was unaware of!!! I’m so glad I just happen to come across your videos!!!! Your info on IRA Roth accounts has definitely peaked my interest as well and I have one outside of my job!!! I’m still learning how to make it work for me so this video was definitely informative!!!
We’re just seeing the start of Bitcoin’s parabolic phase. There might be slight retraces, but we still have months to go. I believe we will peak at $150,000 in 2025.
Exact plan; Crypto through 2025, then high yield ETFs through the bear market 26’-27’. I have $50K in the money market that I want to move into stocks & bitcoin, but I’m scared of buying at the top. Any suggestions?
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.
Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve financial goals.
I find this very informative, curiously inputted Zareen Grace Church on the web and at once spotted her consulting page, she seems highly professional from her resume
So good, some great humor and fun mixed in with some really great and useful informatio
1:58
Thank you George! And that is why it is a bone headed move to stop all investing into an employer retirement plan, even with debt. An employer match ( 100% return ) beats everything but a loan shark, including credit cards. Can't catch up on compounding unless technology invents a time machine.
And the money that you’d receive post tax would be negligible
I am more aligned with minorty mindset and grahman, but one thing for sure George and Jade are the best of the Ramsey personalities, while George is the best youtuber of the bunch.
At 65 and a husband-74. I am soooo doing Roth IRA conversion with lower tax bracket!!! Love listening to you and Ramsey!!
Yeah, that’s exactly why I come here for the cupcake knowledge
Nobody is asking the right questions. I'm worried about retirement and want to maximize my savings. I've tried various investments that didn't work out as I hoped, and now I'm unsure whether to invest in the stock market or index funds. Any recommendations would be appreciated.
The stock market is likely the best smart investment. However, if you are thinking of investing in the stock market and you are not well versed, its advisable to work with a financial advisor who is an expert to guide you through the process. this way you could make more profit with less risk
I totally agree with you. I started out investing on my own too and lost quite a bit. After the 2020 crash, I managed to pull out about $160k. I then invested that money with an analyst, and in just seven months, I made almost $580,000. It's amazing how having the right guidance can turn things around!
Talking about a financial market specialist, do you consider anyone worthy of recommendations? I have some money to test the waters now that large cap stocks are at a discount... Thanks
Brenda Davies Clarke 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.
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
Investing in a lot of ETF'S myself. With a few BDC'S, one REIT and one tax free for my safe space. At 68 I'm going for divided income.
Another benefit of HSAs is that there are no RMDs, unlike other pretax accounts. This is a big deal when you retire so it is worth considering.
This is a great video George! We are so proud to be Ramsey Solutions Smartvestor Pro for much of Ohio, Texas, Florida, Georgia, South Carolina, West Virginia, Pennsylvania and beyond! Through you we lead people to live like no one else!
Long time fan and Baby Stepper- BS6 here; can you do a video just like this but for military/ govt employees going over the specifics of which is best TSP accounts (G fund, C, S, I) BRS, legacy, etc??
You forgot about mutual bond funds. Mine dips and grows with the stock market
LOVE your style and approach!!! So good, some great humor and fun mixed in with some really great and useful information.
*_I'm admittedly bummed that I didn't go with my gut instinct & buy bitcoin few months back when it was 50k - 55k range. is it too late to get in and make profits? i have set aside $150k to get fully invested this year_*
...
I think what you need is a financial advisor assigned by a brokerage company that will trade for you and handle's your capital professionally and give you weekly returns of investment without any extra fees attached.imagine I invested $14,500 with a WOman you recommended some time ago and got profits of $200,080✊✊✊
...
28k a week? Amazing! how did you get started?
This is huge! Your advisor must be grade A. Mind sharing more info, please? I'm in dire need of proper asset allocation.
Trading on a demo account can definitely feel similar to the real market, but there are some differences. It's important to remember that trading involves risks and it's normal to face looses sometimes. One piece of advice is to start small and gradually increase your investments as you gain more experience and confidence. It might also be helpful to seek guidance from experienced traders or do some research on different trading strategies
I had problem comprehending trading in general. I tried watching other UA-cam trading channels, but they made the concepts more complicated. I was almost giving up until when i discovered content and explain everything in detail. The videos are easy to Follow
100X potential forsure with xAI.
I guess I am ultra risk lover. Even though I don't hold meme coins, I only hold XAI368 and ETH . Fingers crossed 🤞 🤞o
Web3 Infinity's attention on security is noteworthy. It's a project to watch!
Most companies these days when matching a 401k will only match 50 cents to the dollar up to a certain percentage unfortunately
Exactly.
50% right from the start is really good.
Still better than nothing
I found this out too late this year. Taking advantage in 2025
It's still really good. A 50% match on first 6% is identical to the 100% match on first 3%, provided you are saving over 6% (which you *ABSOLUTELY* should be doing). This is the most common (mode) plan because it is the plan covered by the federal safe-harbor provisions.
I would recommend reading "How America Saves Report 2024" - it's pretty enlightening.
Nice video. Not a criticism, I enjoy your insights. I tend to think prices could go higher if XAI47K rockets. But understand the logic for sandbagging estimates. My opinion is XAI47K breaks 1, perhaps reaches 10 ATH, if conditions are right. But broader forces are at play now. We’re moving into really unknown territory. And these entities are shrewd. I think there’s massive manipulation ahead. If XAI47K survives that, well, we’re likely in for a good pump.
George: This is for serious investors
Me: Here I am with my old school pen and paper...going take notes.😊
Can you go over a guardian Roth IRA for kids. That would be great info for parents.
Do it. XAI368 already in my bags. I had a XAI368 after ( your should I buy ) and I agreed and bought. I'm looking to stack more, too.
My advice to new investors: Buy good companies stocks and hold them as long as they are good companies. Just do this and ignore the forecasts and market views which are at best entertaining but completely useless.
The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading.
I totally agree; I am 66 years old, recently retired, with approximately $1.2 million in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, I didn't do all this alone, but with the help of a financial advisor. Having one is currently the best way to trade in the stock market, especially for people nearing retirement.
Is there any chance you could recommend who you work with? I've wanted to make this switch for a very long time now, but I've been very hesitant about. I'll appreciate any recommendation.
Finding financial advisors like Melissa Terri Swayne who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Thanks a lot for this recommendation. I just looked her up on google, and I have sent her an email. I hope she gets back to me soon.
Depends on your finances . 1000$ in XAI47K is 4000 XAI47K if it goes to 50% of ath in 2024 thats a 600% gain. If it goes equal to ath . Its a 1200% gain.
Talk about the TSP
You forgot to mention you can roll over up to 35k from a 529 into a roth ira. But great video
Mind blown. Cupcake hack was to good. Had to rewind and make a sticky note reminder.
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.
My pension is 50% of what I make my final year. It’s a state pension plan. I’m curious if that is a good retirement plan or should I invest more. I also have a 401k and a Roth I just don’t dump a lot of money into them
I wouldn't assume that pension will be there. And you have no way of knowing you will stay there forever
My grandpa had his pension cut once. Fortunately, he also had a military pension and a good 401K plus a paid-up mortgage, but i wonder if others in that situation didn't struggle
I have a state pension but also put money in my states 403b plan through VOYA. I want to retire making 100 percent of my salary. And I’m 5 years away from achieving. You can do it too!!!!!!
@ that’s awesome! how do you figure out the math to do that?
Max out your 401k and Roth regardless. Historically, pension plans were a guaranteed income but in reality, they no longer are. I know someone his pension payout was reduced by 50% due to company bankruptcy. State funded pension plans are risky as well. Don't rely on your state to "take care of you."
@@grhambosports do you want to live off 50% of your income? If the answer is no you need to invest too. If the answer is yes you should still invest more as a contingency plan and insurance. Life is unpredictable. Anything could happen
Capitalizing on the fact that micro-chip processing is truly the oil of the next XI wave and XAI368 is the top runner.
Im lucky to work at an investment firm and they put in 15% of my yearly saley once a year as a lump sun into something called Master Retirement plan, this is separate from what i out in as i out an additional 10% into a a Roth 401K, want to try and get up to 15% so i can be set for my future for my family and i.
One of the main reason i dont see myself leaving this company and already been here 5 years 😅
Hey George, I need some clarification. I believe you said there are income limits to the Roth 401k and the Roth IRA. Is the limit based on how much I contribute only, or my contributions plus a company match for the Roth 401k and what I contribute plus any growth in the Roth IRA?
Great content, as always! A bit off-topic, but I wanted to ask: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?
Thanks
What about real estate?
1099 independent contractor investment advice? Traditional IRA or solo 401k. I think I’m a little confused on the solo 401k because we don’t have a LLC.
My business is a side hustle and I have a 401k through work. Can I do both that and individual 401k
You forgot my favorite the 457b
On my 401k i can choose to do pretax, roth, or after-tax. It is a 5 percent match but I dont know if i do some in pretax to match, then in roth or after tax. Or if i do 5 percent in the pretax then do my own Roth IRA
Where did you get your little action figure ?
Never thought about that cupcake thing. Thanks! 😂
If my employer doesn’t match anything for my 401k should I still be putting money away with them or use that money and invest in Roth ira?
Depends. Are they both Roth accounts?
Match beats Roth beats Traditional. If they aren't matching and its not Roth, I'd go for a Roth IRA.
Depends on your tax bracket and your retirement income outlook.
With no match, I would fill up the Roth IRA first. Once that's maxed out, put as much as you can into the 401k until year end
What if I'm married and make most of the income? Should I max out both of our Roth IRA'S and then go back to my 401 k?
Honestly, the part about the Roth IRA and the backdoor Roth was eye-opening. Who else is going to take advantage of that legal loophole? 🙌
I've just begun learning about value investing, and I've found that many good stocks are undervalued despite their intrinsic value. If you had $90,000 to create a strong investment portfolio, which stocks would you choose for better returns?
In the Year of our Lord 2025 - BASED
Individual retirement arrangement?
It's like calling a part time job a side hustle
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
I must say you are an inspiration because I started up investing and trading as a scared investor who doesn’t want to lose money, glad to say I’m very profitable now and bought my first house through it
The truth is that this is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. My friend just pulled in more than $84k last month alone from his investment with his advisor. That is how people are able to make such huge profits in the market.
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?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Jessica Dawn Walters” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
I just googled her and I'm really impressed with her credentials; I reached out to her since l need all the assistance l can get. I just scheduled a caII.
First viewer! Plus first comment I’ve ever written.
Omg love that funko pop of you 😂❤
Stocks in the short term look more likely to move downward. I Just inherited $500k which I Look forward to invest. what stocks should I look into as a newbie to safely grow my money?
I must say you are an inspiration because I started up investing and trading as a scared investor who doesn’t want to lose money, glad to say I’m very profitable now and bought my first house through it
The truth is that this is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. My friend just pulled in more than $84k last month alone from his investment with his advisor. That is how people are able to make such huge profits in the market.
To be honest, I've been wary of banks for a while, but I wasn't sure how to speak with an advisor first. Please let me know who your adviser is if it's okay; I need some recommendations.
My CFA “Jessica Dawn Walters”, 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 mark
80% TURBO 14% XAI47K 2% FLOKI 2%BONK 2%PEPE 🎉
Can I contribute to both my employer Roth 401K with the $23,500 limit (that my income qualifies me for) and also an outisde Roth IRA with the $7,000 limit (that I also qualify for) in the same year?
Today I celebrate a stock portfolio worth $42,000. I started this journey with $6,000. I invested on time and on the right terms. I now have time for my family and the life ahead of me.
He failed to mention qualified dividends in a taxable brokerage account are taxed anywhere from 0% to 20% depending on your US federal tax bracket; which is way more advantageous than ordinary income tax rates and FICA taxes. Also in the two lowest federal tax brackets long-term capital gains for federal income tax in a taxable brokerage account is tax at 0% ordinary income for state income tax. You also can have tax loss harvesting in a taxable brokerage account offsetting capital gains with capital losses.
This is going to be a different bull market. With XAI368 coming to scene. Ben basing off previous speculative markets. I can see 300,000 next bull run.🎉🎉🎉🎉🎉
Good video
Lotttttts of Bots George.
I am a truck driver, I remember giving investing my first savings of $20,000 and she opened a brokerage account for me, it turned out to be the best thing that ever happened to me, I now own 10 trucks in Puerto Rico.
The first time we had tried, we invested $1400 and after a week we received $5,230. That really helped us a lot to pay our bills.💚
Thanks for the content. I now have realistic expectations for this bull run. I entered crypto earlier this year, and now understand how global markets impact crypto, Without proper guidance, I’d probably be holding blindly instead of actively managing my positions. Growing my portfolio from 0.6 BTC to 3 BTC in a few months has been incredible. Special thanks to Amanda Sue Wright for her expertise, which has been essential in navigating this complex landscape.
Hellooo, vegan here! 👋
It looks XAI47K is in right position.
Bought 50k XAI368 COIN..from 4 cents to $1 soon..30 x.. Binance just bought 10 Billion XAI368 coin..🚀🚀🚀🚀
Im pretty sure I heard Trump said buy all the XAI368 you can possibly buy
The first step to successful investing is to determine your goals and risk tolerance, either on your own or with the help of a financial expert. However, it is highly recommended to seek the services of an expert.
Take up one idea. Make that one idea your life -think of it, dream of it, live on that idea. Let the brain, muscles, nerves, every part of your body, be full of that idea, and just leave every other idea alone. This is the way to success.
Assets that can make one successful in life
I. Forex
2.Stocks
3.Shares
forex is profitable and lucrative investment online
@@SanJose-n6lYou are right.
But I don't know why people remain poor due to ignorance
Actually not true about pensions (well MN PERA police pension) I earn 3% for each year of service, 100% vested after 3 years and they use my high five to determine my payout. 34 years of policing = 102% of my high five of 125K. I paid in about 12% the whole time while the city put in more. This pension I'd take all day over 457 or 401K. I collect at age 55 with no penalty... Over 125K with a cola for the rest of my life and wife's life. You'd need 3 million some dollars to replicate that. Pension's are amazing. People just don't talk about them cause most people aren't getting them..
Too much fluff to start
Is it too late to buy XAI368 at $0.90?
Almost 2025, these people still recommend mutual fund instead of ETF. Mutual fund has higher expenses than ETF. Go figure 🙄
Forget Shiba and Dogecoin. The next Bull runner gonna be XAI368
She mostly interacts on Telegrams, using the user-name,
What did the vegans ever do to you George😅 - Former Fan and Vegan 🤣
XAI47K is going to be in the blue sky territory soon. Going to surpass Solana Market cap.
I will take my defined benefit pension all day everyday over other plans. I also have a 403 B and Roth account on top
Web3 Infinity's automatic algorithms are a unique feature that could make it stand out. I'm curious to see how it performs.
SUI and XAI47K is going to explode
To be a pedant: It is technically true that there's no income limit to contribute to a Traditional IRA, these contributions are only tax deductible up to a certain income if you are covered by an employer sponsored plan. And without the deduction, IRA contributions are not actually worth doing.
$JASMY, $XAI47K, $ALGO, $HASH AI, $WELL, $AERO,
The TSP has more than 5 fund options now
XAI47K GOT APPROVAL! XAI47K TO THE MOON!!!!!
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!
Once in a life-time bullrun opportunhity with this xAI project.
agreed on XAI47K 36-38x coming up
I always look up your videos for update! Our government has no idea how people are suffering these days. I feel for people with disabilities not getting the help they deserve. Thank you Mrs Samantha Donald, imagine investing $1000 and receiving $5,300.
I'm surprised that this name is being mentioned here, I stumbled upon one of his clients testimonies on CNBC news last week...
Samantha Donald 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 I'm new at this, how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
Why do you not like us? 😢 (the vegans)
Damn what’s wrong with vegans. We just don’t want to hurt animals unnecessarily.
XAI47K is the gem of 2024 it's literally owned by Elon Musk
*Best investment accounts FOR AMERICANS.*
*Totally irrelevant if you're outside of the US.*
I brought 2 coins from your call 2/3 weeks ago like XAI47K and SNSY doing very well thanks so much for your hard work 🎉
Where do you buy XAI47K?