Rich people's favorite hobby is making more money. Taxes just happen to be one of the obstacles. Real estate just happens to have a lot of tax advantages, hence the reason why it's one of the best investments... just as long as you are willing to put in the work.
Rich BFF. would you please do a video on how to find a good accountant ? How much one should expect to pay for these services and what to expect when you do land a good one !
It's wonderful learning from you!! I have a question? Does the house exchange only apply to a "business " person or can anyone take advantage of that tax deferred benefit? I sold in August and then purchased in September.
If you want to be successful , you take most responsibility for your emotions , do not place the blame on others . In addition to making you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You must look outward if you wanna be successful in life.
Let's not forget that the biggest payouts in the market doesn't come from great performance but rather it's great promotions. Stay invested , work on your mind, body and finance and you will be amazed how far you will go in the game of life
I urge everyone to start somewhere now no matter how small, this is literally the time for that, forget material things, don't get tempted, I became more to get more. I believe the things of the world are good, and if I stay committed to the process I will enjoy the benefits of my risk and hard work in due time
Getting professional help with your finances isn't that expensive and given most people's level of financial illiteracy and outright innumeracy it's kinda dumb that most people will send their cable/isp $200 bucks a month but won't spend the same to build a plan with a CFP/CFA and have quarterly check-ins. I think most people would rather complain about things being unfair vs sitting in some office and having someone tell them they need to think hard about how much eating out two nights a week is worth to them.
Let’s talk about maxing your IRA contribution through your employer to avoid taxes. This is something poor workers are not told. If you make $40k or whatever and you contribute $15k to IRA you lower your taxable income and sometimes the taxable income is so low you won’t pay taxes
Hi I've been following you for a short time and wanted to know what your thoughts were about those investment groups? The ones that say pay 3000 and you'll get all this amazing information. I've seen these everywhere but could never afford them. Would you recommend buying them???? Im personally looking at Invest Diva with Kiana Danial. Thanks for all the advice you give!
It's never too late to start saving for retirement. What's most important is that you start planning out the expected costs per year and how you will have that money. If you have nothing saved, start looking into retirement accounts like 401K or Roth IRA depending on your income. The IRS allows a "catch-up" period where you can contribute more to the IRA.
I love your videos and what you do. You're helping alot of people out especially young people like me still in their youth but I've noticed that the videos are rushed, there is just so much to talk about and very little time because you want your entire point to fit into the video. So if you don't mind please make a video or a Yt short recommending books that will set us up for financial wisdoms. Books that talk about taxes, fundamentals on investing and also explain the terms and concept that a beginner investor would come across. Thank you❤️
I will forever be indebted to you you've changed my whole life continue to preach about your name for the world to hear you've saved me from a huge financial debt with just little investment, thanks so much Mrs. Karen Norton
How does the putting money into a Roth to save money on taxable income work? I have a 401k but say I wanna put money into a roth ira to save on taxes as well. How will the irs know to tax this amount?
With Roth 401(k)/IRA you pay tax upfront, so you want to favor contributing to Roth 401(k) while in relatively low tax bracket. Favor contributing to traditional 401(k) while in relatively high tax bracket.
Amazing video and thank you for breaking it down!! Despite the economic downturn, I'm so happy have been earning $ 60,000 returns from my $7,000 investment every 10days..
That's awesome. I dealt with crypto last year on Robinhood, tried some index but didn't take it out so I lost it by the end. Any consistent strategies?
She is also my personal trader, crypto analyst and account manager. With an initial invested capital of $8000,it yielded returns of over $22000 within two weeks of trading. I was really impressed by the profit Actualized
Jessica's concept is key in beating all odds to excel in this form of online commodity. Her management team is quite impressive so far! With $4k I made a profit of over 28,863 dollar
@@guyfioreii8901 umm. George Santos… Do we really want more like him? 🤭🤭I don’t care red or blue, I’m not worried about them. I’m making wealth on my own. Vote purple! 💜
Financial advice from a woman who goes on dates for free food? There must be a lot of desperate 2s looking to takeout a 4 at best. It is the oldest recorded occupation right?
she was a wall street trader at JP Morgan, I'm sure she knows a lot more about finance than your divorced, unemployed, no tinder matches having basement dweller ❤
You’re a phenomenal asset to us all Vivian! Please keep up the great content, I learn so much valuable information!
Rich people's favorite hobby is making more money. Taxes just happen to be one of the obstacles. Real estate just happens to have a lot of tax advantages, hence the reason why it's one of the best investments... just as long as you are willing to put in the work.
Rich BFF. would you please do a video on how to find a good accountant ? How much one should expect to pay for these services and what to expect when you do land a good one !
Google reviews and Reddit
i appreciate the large text pop ups as you explain as math/finance is not my strong suit and this feels like learning an new language
Thank you! I don’t understand everything but I will do in-depth research on what you said.
Thank you for giving us 4 and not just 3!! Really appreciate the content of your videos and the intention of your channel.
I am not rich but I donate clothes, furniture, etc to charity every year. The cost of the items are not alot but not zero.
Thanks Vivian! You’re the best!
Thank you for the advice. Could you ever do one on taxes and medical equipment payments bills and such.
More like this, please! And you’re awesome!
It's wonderful learning from you!! I have a question? Does the house exchange only apply to a "business " person or can anyone take advantage of that tax deferred benefit?
I sold in August and then purchased in September.
Best video you've made. More like this PLEASE!
love your content, pacing and energy on point!
Thank you.
Hi Vivian! Can you do a video on SEP IRA vs Traditional IRA for self-employeed/small business owners?
Thank you so much.
Wooo... Thanks Vivian! Great info...
Benjamin Franklin once said: "Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety."
If you want to be successful , you take most responsibility for your emotions , do not place the blame on others . In addition to making you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You must look outward if you wanna be successful in life.
Let's not forget that the biggest payouts in the market doesn't come from great performance but rather it's great promotions. Stay invested , work on your mind, body and finance and you will be amazed how far you will go in the game of life
I urge everyone to start somewhere now no matter how small, this is literally the time for that, forget material things, don't get tempted, I became more to get more. I believe the things of the world are good, and if I stay committed to the process I will enjoy the benefits of my risk and hard work in due time
Well there are some profitable investments one can do conveniently at this moment which are
Estate
: Share
: Stock
: Nft ...
: Pump and Dump
Forex trading is really profitable, investing in it now will be the wisest thing to do especially with the current rise in BC and other stocks.
Thank you! This was so eye opening and very helpful. Just in time for Tax season.
Thanks Vivian this beyond helpful
Donation's do not reduce your income dollar for dollar - unless it is a business deduction. Donation's are typically an itemized deduction.
Thank you
ok i knew some of these, but i didnt know how. specially the fine art.
Will you do a video on purchasing bonds, please? Types of bonds and how much to get started. I find your videos helpful. 🙂
Thank for sharing 👏👏🌺
Nice info. My BFF
It's a shame to see all of the bot messages that target people that need financial help.
Wait you do regular videos, too?! Time to binge LOL
Can you do a Canadian edition of this ?
Interesting but I don't think this will apply to south Africa as well
6000lbs is the GVWR, not the curb weight
Wow!! such amazing info. Thank you Vivian!!!!
I love your channel! 🌷🌸🌷
Any tips for people with no dependents? Can we save on taxes ?
Thx s
I really like the content, but please do something about the background music. It's way too loud.
Does this apply for Australia?
Please more tax saving videos
i like to buy that krusty krab painting for 100.000 wink wink nudge nudge
Last way: create digital assets. Royalties taxes are lower than other income taxes.
Getting professional help with your finances isn't that expensive and given most people's level of financial illiteracy and outright innumeracy it's kinda dumb that most people will send their cable/isp $200 bucks a month but won't spend the same to build a plan with a CFP/CFA and have quarterly check-ins.
I think most people would rather complain about things being unfair vs sitting in some office and having someone tell them they need to think hard about how much eating out two nights a week is worth to them.
Uuu, I feel so rich now.
Great stuff!!!
Where do I get money to invest in rental properties
How do you get proof of appraised value on those asset pieces? You know… in case I get audited… 😅
Let’s talk about maxing your IRA contribution through your employer to avoid taxes. This is something poor workers are not told. If you make $40k or whatever and you contribute $15k to IRA you lower your taxable income and sometimes the taxable income is so low you won’t pay taxes
Omg thank you!
You mean 401k not IRA, IRA is usually not with an employer and you can't contribute 15k.
@@livingunashamed4869 company Simple IRA plan
@@MaritsaDarman Ok gotcha thought you meant a regular ira
@@MaritsaDarman @ $40k is *12%* Federal Tax Bracket, which favors Roth treatment. Better to pay the 12% federal tax than to defer that tax.
Thanksssssss
Hi I've been following you for a short time and wanted to know what your thoughts were about those investment groups? The ones that say pay 3000 and you'll get all this amazing information. I've seen these everywhere but could never afford them. Would you recommend buying them????
Im personally looking at Invest Diva with Kiana Danial.
Thanks for all the advice you give!
Watching this 2x
Hi Vivian can you make a video for people who are like me almost 50+ to invest for retirement? Thanks so much
It's never too late to start saving for retirement. What's most important is that you start planning out the expected costs per year and how you will have that money. If you have nothing saved, start looking into retirement accounts like 401K or Roth IRA depending on your income. The IRS allows a "catch-up" period where you can contribute more to the IRA.
Can you talk target date funds
Don't use target date funds in taxable account
Great video, i learned alot!
Can I marry you? I'm a woman but I can be a man if you want😂
You are! the holy grail my friend❤
Thank you for sharing🙏🏻
Buy the politicians to make what you do legal, then make sure that little tax law that applied to them is also not enforced.
FIRST to save on taxes! 😝😎
You’re awesome!
I don't know why so many regular people don't like avoid paying taxes
Nice information. Please remove distracting music.
Holy crap!
I love your videos and what you do. You're helping alot of people out especially young people like me still in their youth but I've noticed that the videos are rushed, there is just so much to talk about and very little time because you want your entire point to fit into the video. So if you don't mind please make a video or a Yt short recommending books that will set us up for financial wisdoms. Books that talk about taxes, fundamentals on investing and also explain the terms and concept that a beginner investor would come across. Thank you❤️
I will forever be indebted to you you've changed my whole life continue to preach about your name for the world to hear you've saved me from a huge financial debt with just little investment, thanks so much Mrs. Karen Norton
Mrs Norton changed my life because of the high profits I got from investing with her.
You invest with Mrs Norton too? Wow that woman has been a blessing to me and my family.
@Tara Coldero investwithnorton💯
bot.
I thought the title was “…how they avoid TEXAS…” lol
How does the putting money into a Roth to save money on taxable income work? I have a 401k but say I wanna put money into a roth ira to save on taxes as well. How will the irs know to tax this amount?
With Roth 401(k)/IRA you pay tax upfront, so you want to favor contributing to Roth 401(k) while in relatively low tax bracket. Favor contributing to traditional 401(k) while in relatively high tax bracket.
@@alrocky mmmm i see. Need to see what my company has me under either Roth or traditional then
@@alrocky ty!!!
Amazing video and thank you for breaking it down!! Despite the economic downturn, I'm so happy have been earning $ 60,000 returns from my $7,000 investment every 10days..
That's awesome. I dealt with crypto last year on Robinhood, tried some index but didn't take it out so I lost it by the end. Any consistent strategies?
She is also my personal trader, crypto analyst and account manager. With an initial invested capital of $8000,it yielded returns of over $22000 within two weeks of trading. I was really impressed by the profit Actualized
Jessica's concept is key in beating all odds to excel in this form of online commodity. Her management team is quite impressive so far! With $4k I made a profit of over 28,863 dollar
M s g h e r v i a W h a t s A p p
I have broken through 10k, 20k and got my eyes on 30k! Champagne stays popping. She is too awesome☺️
Or just do a Roth conversion 👍
so why exactly should i pay my taxes illegally?
❤
Pink door 83
EVs tend to weigh more than gasoline cars. Just sayin 😊
I made $183,000 this year and I do own a home and have a child but I’m still scared to file this year! Teach me sensei! 🥺
Vote red
@@guyfioreii8901 umm. George Santos… Do we really want more like him? 🤭🤭I don’t care red or blue, I’m not worried about them. I’m making wealth on my own. Vote purple! 💜
So many bots...
Tax the Rich and feed the Poor.
Financial advice from a woman who goes on dates for free food? There must be a lot of desperate 2s looking to takeout a 4 at best. It is the oldest recorded occupation right?
she was a wall street trader at JP Morgan, I'm sure she knows a lot more about finance than your divorced, unemployed, no tinder matches having basement dweller ❤
Thank you for everything! Girl I need your email so we can keep in touch!