I am so proud of an Asian American young woman spreading fiscal literacy to anyone and everyone. Education should be accessible and she is making it happen 👏🏽👏🏽👏🏽👏🏽👏🏽
Real wealthy people dont need to proove their status by logos so they wouldnt care you think they carry a fake or real..I always go for *suluxy* , their quality is great. On the other hand, people who claim to love the bag „because of the craftmanship and history” but bother by people asking is it real or not, only is a proof they carry for showing status . I personally prefer people think its a fake, for my own safety.
hey i’ve commented before but i want to say this again, i’m 14 turning 15 and i genuinely don’t know if i’m gonna survive when i grow up and being subscribed to you has been the biggest reassurance of my life.
Go to college. Remember she got a finance degree and went to work for Wall Street. If you don’t get a degree on average your earnings will be less than people that didn’t get one.
Also, consider going to trade school. Exploring the various trades offered through community colleges or specialized trade schools will allow you to have a comfortable future pending that you make good choices in regards to what you do with your personal time meaning hanging out with friends doing meaningless things and sometimes getting involved in situations that cause bringing a child into the world too early to be able to comfortably take care of a growing family. In other words Master yourself before creating another life and a family before you're fully established. Whether you choose a trade in plumbing, electric, hvac, or welding offers great financial growth on a low-cost professional investment that will pave the way for Financial Freedom as you grow your resources🙏🙏🙏
If you genuinely feel that you won't survive at 15, it’s important to recognize that this may be a result of overreacting or overthinking your situation. It’s advisable to take a step back and avoid consuming content that heightens your emotional investment. While many of these videos are informative, they often lean towards fear-mongering, which can distort your perspective and amplify unnecessary concerns.
Education is key but it doesn't have to be a traditional college degree. You don't need a finance degree to make good money these days. Tech, the medical field, and the trades all lead to 6 figures depending on where you live. Many educational programs will prepare you for the job market in 1 to 2 years. Some are very low-cost or free. E.g.: Calbright in California. The opportunities are out there, grab them!
I invested even with 1700 a month income, it didn't bring me out of poverty but built habits that accelerated my wealth building when I made more. If you're young and see this, abandon all things that dont feed you or your soul. The money left over, do what Vivian says one small step at a time!
Or they can unionize and actually fight for living wages. Even Adam Smith said for the economy to function workers need to make 2x the cost of living. We need to fight for livable wages!
Viv, I am a 51 year old black woman who worked in Oil & Gas (HR) for the last 10 years. I was laid off August of 2024 nine days after I submitted an ethics point complaint on a Sr. Manager. I have been following you for a while and I an so grateful for you and what you give us. ❤ Thank You!
I’ve been working with the same hospital for 13 years. I am literally going through it with my boss, he’s extremely unprofessional and I’ve thought about going to HR several times to file an ethics complaint but I know he would do the same. I’m sorry that happened to you.
@@Chambermenz in a perfect world she could. In today’s reality, not so much. The civil rights division of the DOJ was closed last week and part of and EEOC regarding workplace discrimination was dismantled. Lawsuits like that take a lot of time to settle.
I truly don't like with financial educators say that the government won't save us. No one is looking for saving. We are looking for the government to do the job that our tax dollars pay for.
I agree, it is a frustrating truth. However, we have seen what government does, enrich itself. Trickle down economics is a trick. We the people will have to rise up and fight back if we want to stop getting robbed. ❤
sure, no one is going to be magically “saved” by the government, but we’re seeing our tax dollars going into the pockets of the ultra rich as opposed to social/economic programs that are literally meant to assist us. like the other person said, trickle down economics is a trick that puts the burden on US, middle and lower class, while the 3 richest men are getting tax breaks from Trump and Big Pharma is throwing billions of our dollars to keep prescription costs high as we die from not affording medication.
Very informative video you have, I have been able to understand the messages you pass but there are some other challenges that may come about when taking some other risks or planning
I don’t think anyone that has dedicated time,money and efforts to scale to new net worths in whatever field of investments hasn’t reach some of the challenges that you would face personally.
My son has been able to help with such issues through a CFA he was able to link me up with. Since hiring my advisor? It’s been better handling such financial turmoil that may happen
Oh yeah! You can definitely say that, it does worry me a bit, but not as much as it would worry the average guy, my investment portfolio has survived a couple of recessions unscathed, been privileged to be guided under the stewardship of an extremely gifted investment manager by the name ADAM JAMES HUB
Sure… ADAM JAMES HUB has a really unique gift of being able to looking far ahead down the road to spot future investment portholes and possible major mishaps, so she helps me make the safest investments and also helps me hedge all my investments against possible future downturns
Don't forget that purchasing in bulk often leads to lower prices per unit. Buying 36 rolls of Charmin for $19.98 is a massive savings from 12 rolls of Charmin for $9.98. Being poor can literally be more expensive. 😞
thank you so much vivian for your efforts in posting all of this information for us in an easily digestible format. you are reaching so many struggling families and introducing them to ways to save themselves, something they didn’t think was possible, especially during times like this
Thank you for posting this. I just found your channel and I’m happy I did. As a 51 year old woman, I know that I won’t be able to rely on social security. I will share this with my daughter who can start taking steps towards building a stronger financial future.
Overall, the market is experiencing a complex mix of trends, driven by a combination of factors including Trump's policies, tariffs, and inflation concerns. The fear of a downturn, coupled with increasing volatility, makes it essential to focus on risk management and diversification.
Market corrections can be devastating for those who are unprepared, especially when overexposed to high-risk investments. The lesson from the last crash is clear: a diversified portfolio and a long-term strategy are crucial for weathering economic storms.
After the last major crash, I made a commitment to safeguard my investments by diversifying across industries and asset types. While I previously held a portfolio heavily weighted in tech stocks, I’ve since shifted toward a mix of index funds, dividend-paying stocks, and low-risk bonds. By rebalancing periodically and working with a financial advisor, I’ve been able to steadily grow my portfolio to £2.5 million, even in uncertain markets.
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation
I’ve worked with Peter Dewitt Martin, a highly experienced financial planner who focuses on building resilient portfolios. He has a strong reputation for guiding clients through volatile markets while helping them achieve their long-term financial goals
Thank you so much for the suggestion! I really needed it. I looked him up on Google and explored his website; he has an impressive background in investments. I've sent him an email, and I hope to hear back from him soon
Good podcast Vivian! I'm a financial advisor and I agree with a lot of your points and advice here. It's good that people can get solid advice from some UA-camrs
13:45 thank you for saying this so clearly! People have definitely fallen for the idea that American made means cheap, quality goods. In addition to the higher cost of inputs (because other countries tariff us right back) and higher labor costs, we also need huge investment in the infrastructure to spin up domestic manufacturing. All that gets baked into the prices of goods, people!
Never hit subscribe so fast. Thank you for making this info easier to understand. I'm a single mom and I've been working really hard to stay ahead but it's tough and I'm nervous.
It is important for people to know that the Social Security “problem” could easily and quickly be solved if the contribution cap were increased. It is only $176,100 right now so people making 200k or 5 million dollars a year only contribute to SS for the first $176,100 of their income. Increase the cap! Pressure elected officials to start considering this.
Can I just come here for economic news! Networth and chill sounds like a great four years. You give me the significance and how it impacts me and I really appreciate how you lay out the base knowledge and build up from there. I feel like I learn a lot with you.
Well said at 12:14 I have American relatives who have made jokes about the tariffs on Canadian products. “Hurrr maple syrup hurr”, when it’s really more like, “electricity, the lumber to rebuild LA, and potash”. It’s much more than just maple 😅
Baby formula. In America, we have 1 baby formula factory. When it shuts down (cleanings and such), we used to import from Canada. The USMCA made that so much harder, which grossly limited supply and shot up prices.
@ see, as a Canadian, I really really really hope we don’t put a tariff on baby food. I remember shipping Enfamil formula to friends all through Covid because they couldn’t find any on the shelves. The idea of penalizing the disenfranchised who need baby food at cost makes me want to gag.
A lot of people’s fire coverage was revoked last fall anyway. IF your home insurance pays out anything at all, you would be lucky to be able to afford enough wood and building supplies for a house. What are they going to build residential houses with? Steel that costs 3x as much?
Trumps plans can go both ways, Financial planning and retirement strategies are crucial, especially in today's economic climate. With global economic fluctuations and uncertainties, it's essential to have a solid plan in place to protect your financial future.
Consider diversifying your portfolio with a mix of stocks and stable assets. Seeking professional advice now could provide valuable insights and strategies to navigate market uncertainties and protect your investments.
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 skills and knowledge
It's crucial for individuals to diversify their portfolios, seek professional financial advice, and stay informed about market trends to navigate these challenges effectively.
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, James Brendan McCall, is a renowned figure in his field. I recommend researching his name online; you'll find all his credentials and everything you need to work with a reliable professional. With many years of experience, he is a valuable resource for anyone looking to navigate the financial market.
We love you dearly ,Vivian,like a normal reaction hate hate hard truth but when you throw in navigating that makes me breathe. IT IS scary,but soooooooo HAPPY we have you in our everyday life.!! Please keep helping us,it is much appreciated & a sigh of relief at times I COULD feel I can survive. Not easy,but doable,Folks,she is a Mac- genius for lower bracket people & kinda of a lighthouse to navigate through dangerous financial waters at times. Thank you,again. Your a blessing,child & wouldn't trade your sage advice for the world. GOD HELP US ALL..❤🇺🇸✝️⚘️⚘️⚘️!!
THANK YOU SO MUCH FOR THIS VIDEO!!! Glad I'm a subscriber to this channel. You always cover a wide range of topics and explain things in a very clear way so I gave you a thumbs up and already shared this with some friends and co-workers (as usual). I am so glad you are here.
Wow, very well put! A fair and informative review and insights of these potential changes. I'll be recommending this to others. I really appreciate the support of more material to spread to increase financial aptitude for everyone.
This is a very important topic. Education is going to be the difference between barely scraping buy over the next few years vs. being set up for future success. Good to see a fellow woman educating folks on how to get their finances in order!
Stability is being challenged by economic uncertainty, housing issues, foreclosures, global volatility, and the lasting effects of the pandemic. To regain stability and drive growth, all sectors must act swiftly to address concerns around rising inflation, slow growth, and trade disruptions.
Consider hiring financial advisors, estate planners or tax experts. They can provide specialized knowledge and help you navigate complex financial decisions.
Having an investment advisor is currently the best way to approach the stock market. I was going alone, but it wasn't working. I've been working with an advisor for a while now, and last year, I achieved over 85% capital growth minus dividends
Do your homework and choose one that has strategies to help your portfolio grow consistently and steadily. ''Melissa Terri Swayne” is responsible for the success of my portfolio, and I believe she possesses the qualifications and expertise to meet your goals
Thank you for this tip. it was easy to find your coach on Google, Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
Here’s to hoping this reaches more people stuck in their echo chamber of unadulterated stupidity thinking tariffs will make groceries cost less. Thank you for putting in the effort to really dumb down the lingo, lord knows they’ll need it
Okay - genuinely curious - can you explain why? Transparently, we're seeing solos also perform better vs. interviews, but obviously they're a much larger lift because of all the research and prep and everything that goes into being able to filibuster for 30 minutes. But if more people prefer solos, I'd do more of them. Please let me know!
@@YourRichBFFmore solo please. There’s only you talking and you go straight to the point. You articulate very well. I’m 57 and worry if I’ll have enough to retired. Can you tell me about how much is enough to retire in the DFW Texas area? I live a very simple life.
Yea a lot countries have lower taxes and don’t punish you for success. America has fallen a lot on the economic freedom index. Hopefully Trump can fix a lot of that.
I'm really fascinated investing in stocks this 2025, but I haven’t put in a lot of money yet, despite seeing news of people making millions, because I’m always concerned about the risks involved. What are the best strategies for less risk and more gains?
Diversifying your investments can help you manage risk while aiming for solid returns. It might be a good idea to explore sectors that tend to do well during inflation, like bonds or utilities. Also, seeking the help of a financial advisor could be really beneficial. They can provide you with tailored guidance and help you develop a strategy that aligns with your goals.
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!
I've stuck with ''ZAREEN GRACE CHURCH'' since the covid-crash of 2020, and her performance has been impressive to date. She’s quite renowned in her field with over two decades of experience, you can simply look her up.
Thanks for the info. I searched for her full name and found her website right away. I reviewed her credentials and did my research before reaching out to her.
If you are worried about apples instead of apple. Is the best way to put it. Most people who don't invest don't have the extra funds to do so. I didn't invest until I started making way more than I was spending. My spending never decreased, it increased but my earnings increased way more
Hello! Great podcast, my wife sent me the link and I discovered your podcast like that. I agree with many of your ideas, I also love the objective of extracting the impact on Avg American's life. I had a few clarifications I wanted to ask: 1) People talk about tariffs and only mention either the good or the bad. It's either "cost of imported products will increase" or "we will move manufacturing to the US, making more jobs for Americans". You also mentioned the downsides (that potentially can be mitigated by other economic policies) but didn't mention the potential upsides. I was wondering what you think about it. Do you think the positive tradeoffs are not worth the downsides? Do you think they won't be able to migitage the inflation with interest rate changes etc ? 1) I absolutely agree that big corporations are profit driven and controlling them is part of what makes a healthy capitalist economy. But I think Trump talked about over regulation that hinders progress, and thus removing said regulations. I was wondering if you think there's any potential positive impact to this policy.
My issue is... what policies? Trump's policy positions change from day to day, and it's hard to keep up. Seriously, this should be a series so we can keep up.
The tax cuts you spoke about were very eye opening. I have a Trumper relative coming to visit next month. She’s “Fox Educated” so I can’t wait to throw this her way.
All things considered, the market is undergoing a complicated blend of patterns, influenced by a number of variables such as Trump's policies, tariffs, and inflation worries. With rising volatility and the danger of a downturn, it is imperative to concentrate on risk management and diversification.
For those who are unprepared, market corrections can be disastrous, particularly if they are overexposed to high-risk investments. The past crash taught us that a long-term strategy and a diversified portfolio are essential for surviving economic downturns.
I vowed to diversify across industries and asset classes in order to protect my savings following the most recent significant crash. I used to have a portfolio that was primarily composed of tech stocks, but I've since moved towards a mix of index funds, low-risk bonds, and dividend-paying equities. Even in volatile markets, I have been able to gradually increase my portfolio to $1.5 million by working with a financial advisor and rebalancing on a regular basis.
I have worked with a few financial advisors before now but i ultimately settled for 'Annette Marie Holt'. She is SEC regulated and licensed in US. You can easily look her up
And then eventually it was meant to be 1/3 of the 3 legged stool, with ss as 1 leg, pension as 1 leg, 401k as the 3rd leg. Now it's maybe going to be 1/5 with 4/5 coming from personal retirement accounts
I told my friends and family how disappointed I was when I learned they voted for DT. Now they're extremely quiet about things. I didn't cut anyone out of my life but none of them better come crying to me when things go sideways for them.
Tariffs will increase costs of finished goods and components used throughout US manufacturing. This will be an immediate and huge hike in inflation. To fight inflation the Fed will have to hike interest rates which will be wonderful for the billionaires but possibly take away the middle class. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun..
A collapse has began!!! Rich people know this.... they are hedging... through hedge funds. It costs them about 6% a year to do this. Those that aren't rich are not hedge and are at great risk in the bubble of all bubbles with the debt at all time highs. The increasing prices have impacted my plan to retire at 62, The stock market's volatility, coupled with a reduced income, is making me anxious about having enough for retirement.
I feel your pain mate, as a fellow retiree, I'd suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $110k in value stocks and digital assets, Up to 400k so far and pretty sure I'm ready for whatever comes.
Annette Christine Conte 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.
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.
I wish people would mention the cap on social security contributions around 175k. After 175k you stop paying into social security so Bezos pays in the same as a mid-level engineer at Amazon.
They also stop increasing their benefit. SS only works with increasing size of workforce. If you really want to solve SS you need to reduce outlays, increase retirement age. Or personally think you should be able to opt out since your return is half what you can get yourself.
Medicare taxes for example get taxed at any income range. Also people already lose any benefit after the calculation window that is like 20 years so it isnt like the program isnt redistributing in its current setup.
I am so proud of an Asian American young woman spreading fiscal literacy to anyone and everyone. Education should be accessible and she is making it happen 👏🏽👏🏽👏🏽👏🏽👏🏽
No get out of country talk? Jk jk!!
Real wealthy people dont need to proove their status by logos so they wouldnt care you think they carry a fake or real..I always go for *suluxy* , their quality is great. On the other hand, people who claim to love the bag „because of the craftmanship and history” but bother by people asking is it real or not, only is a proof they carry for showing status . I personally prefer people think its a fake, for my own safety.
That’s a little bigoted
Doesn’t matter if I don’t like him the reality is he’s here so best to know what to do
Doesn’t stop me from making fun of those who do like him.
@@wuzittooya🎉
Right
Exactly
@@wuzittooya🎉🎉
hey i’ve commented before but i want to say this again, i’m 14 turning 15 and i genuinely don’t know if i’m gonna survive when i grow up and being subscribed to you has been the biggest reassurance of my life.
You should check out Financial Diet, too! I'm surprised Viv and Chelsea from Financial Diet haven't collaborated yet!
Go to college. Remember she got a finance degree and went to work for Wall Street. If you don’t get a degree on average your earnings will be less than people that didn’t get one.
Also, consider going to trade school. Exploring the various trades offered through community colleges or specialized trade schools will allow you to have a comfortable future pending that you make good choices in regards to what you do with your personal time meaning hanging out with friends doing meaningless things and sometimes getting involved in situations that cause bringing a child into the world too early to be able to comfortably take care of a growing family. In other words Master yourself before creating another life and a family before you're fully established. Whether you choose a trade in plumbing, electric, hvac, or welding offers great financial growth on a low-cost professional investment that will pave the way for Financial Freedom as you grow your resources🙏🙏🙏
If you genuinely feel that you won't survive at 15, it’s important to recognize that this may be a result of overreacting or overthinking your situation. It’s advisable to take a step back and avoid consuming content that heightens your emotional investment. While many of these videos are informative, they often lean towards fear-mongering, which can distort your perspective and amplify unnecessary concerns.
Education is key but it doesn't have to be a traditional college degree. You don't need a finance degree to make good money these days. Tech, the medical field, and the trades all lead to 6 figures depending on where you live. Many educational programs will prepare you for the job market in 1 to 2 years. Some are very low-cost or free. E.g.: Calbright in California. The opportunities are out there, grab them!
I invested even with 1700 a month income, it didn't bring me out of poverty but built habits that accelerated my wealth building when I made more.
If you're young and see this, abandon all things that dont feed you or your soul. The money left over, do what Vivian says one small step at a time!
Or they can unionize and actually fight for living wages. Even Adam Smith said for the economy to function workers need to make 2x the cost of living. We need to fight for livable wages!
Viv, I am a 51 year old black woman who worked in Oil & Gas (HR) for the last 10 years. I was laid off August of 2024 nine days after I submitted an ethics point complaint on a Sr. Manager. I have been following you for a while and I an so grateful for you and what you give us. ❤ Thank You!
Could whistleblower protections apply to your situation? Look into it, depending on your state you could go after your company.
I’ve been working with the same hospital for 13 years. I am literally going through it with my boss, he’s extremely unprofessional and I’ve thought about going to HR several times to file an ethics complaint but I know he would do the same. I’m sorry that happened to you.
@@Chambermenz in a perfect world she could. In today’s reality, not so much. The civil rights division of the DOJ was closed last week and part of and EEOC regarding workplace discrimination was dismantled. Lawsuits like that take a lot of time to settle.
I truly don't like with financial educators say that the government won't save us. No one is looking for saving. We are looking for the government to do the job that our tax dollars pay for.
I agree, it is a frustrating truth. However, we have seen what government does, enrich itself. Trickle down economics is a trick. We the people will have to rise up and fight back if we want to stop getting robbed. ❤
sure, no one is going to be magically “saved” by the government, but we’re seeing our tax dollars going into the pockets of the ultra rich as opposed to social/economic programs that are literally meant to assist us. like the other person said, trickle down economics is a trick that puts the burden on US, middle and lower class, while the 3 richest men are getting tax breaks from Trump and Big Pharma is throwing billions of our dollars to keep prescription costs high as we die from not affording medication.
@@LevityBrevitystop voting republican
@@birdlover7776 not an issue I suffer from but thanks
We live in an oligarchy now.
Its very rare that financial people on youtube that dont give information very slanted to the right. This just became a go to channel for me.
Most of the biggest financial gurus on UA-cam are left wing one even ran for governor as a democrat
…Slanted 🤔
Good information is normally slanted to the right.
@@starspaceschool587😂
@@starspaceschool587. Couldn’t be further from the truth. The right is fear based. Period.
Very informative video you have, I have been able to understand the messages you pass but there are some other challenges that may come about when taking some other risks or planning
I don’t think anyone that has dedicated time,money and efforts to scale to new net worths in whatever field of investments hasn’t reach some of the challenges that you would face personally.
My son has been able to help with such issues through a CFA he was able to link me up with. Since hiring my advisor? It’s been better handling such financial turmoil that may happen
Oh yeah! You can definitely say that, it does worry me a bit, but not as much as it would worry the average guy, my investment portfolio has survived a couple of recessions unscathed, been privileged to be guided under the stewardship of an extremely gifted investment manager by the name ADAM JAMES HUB
Sure… ADAM JAMES HUB has a really unique gift of being able to looking far ahead down the road to spot future investment portholes and possible major mishaps, so she helps me make the safest investments and also helps me hedge all my investments against possible future downturns
Ok… I’ve been able to do some research on the Web and I found his site, he has his license so that’s reassuring
Vivian, thank you for your transparency & humanity. I love your content.
Shes a grifter dude
Don't forget that purchasing in bulk often leads to lower prices per unit. Buying 36 rolls of Charmin for $19.98 is a massive savings from 12 rolls of Charmin for $9.98. Being poor can literally be more expensive. 😞
thank you so much vivian for your efforts in posting all of this information for us in an easily digestible format. you are reaching so many struggling families and introducing them to ways to save themselves, something they didn’t think was possible, especially during times like this
Hands down the best way to explain the different tax rates!
Thank you for posting this. I just found your channel and I’m happy I did. As a 51 year old woman, I know that I won’t be able to rely on social security. I will share this with my daughter who can start taking steps towards building a stronger financial future.
Thankyou for not gatekeeping information ❤
😂😂 she literally makes her living doing this. It’s not charity or sharing.
Overall, the market is experiencing a complex mix of trends, driven by a combination of factors including Trump's policies, tariffs, and inflation concerns. The fear of a downturn, coupled with increasing volatility, makes it essential to focus on risk management and diversification.
Market corrections can be devastating for those who are unprepared, especially when overexposed to high-risk investments. The lesson from the last crash is clear: a diversified portfolio and a long-term strategy are crucial for weathering economic storms.
After the last major crash, I made a commitment to safeguard my investments by diversifying across industries and asset types. While I previously held a portfolio heavily weighted in tech stocks, I’ve since shifted toward a mix of index funds, dividend-paying stocks, and low-risk bonds. By rebalancing periodically and working with a financial advisor, I’ve been able to steadily grow my portfolio to £2.5 million, even in uncertain markets.
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation
I’ve worked with Peter Dewitt Martin, a highly experienced financial planner who focuses on building resilient portfolios. He has a strong reputation for guiding clients through volatile markets while helping them achieve their long-term financial goals
Thank you so much for the suggestion! I really needed it. I looked him up on Google and explored his website; he has an impressive background in investments. I've sent him an email, and I hope to hear back from him soon
Rich BFF keeping it real and transparent, as usual. Love the financial advice you provide!
I’ve been waiting for someone to definitively end the nonsensical arguments in favor of tariffs. Thank you so much.
I agree with you BFF, tax cuts for the wealthy are wrong. This furthers the problem of wealth inequality. Thank you discussing this point.
Thank you for so accurately pointing out the insanity of tariffs. I want to scream every time someone tries to argue these are good for consumers!
Good podcast Vivian! I'm a financial advisor and I agree with a lot of your points and advice here. It's good that people can get solid advice from some UA-camrs
You say A LOT, which means you don't agree with everything. What don't you agree with?
I second the question. What don't you agree with?
13:45 thank you for saying this so clearly! People have definitely fallen for the idea that American made means cheap, quality goods. In addition to the higher cost of inputs (because other countries tariff us right back) and higher labor costs, we also need huge investment in the infrastructure to spin up domestic manufacturing. All that gets baked into the prices of goods, people!
Never hit subscribe so fast. Thank you for making this info easier to understand. I'm a single mom and I've been working really hard to stay ahead but it's tough and I'm nervous.
Thank you for explaining this to someone who needs dummies for understanding the economy
It is important for people to know that the Social Security “problem” could easily and quickly be solved if the contribution cap were increased. It is only $176,100 right now so people making 200k or 5 million dollars a year only contribute to SS for the first $176,100 of their income. Increase the cap! Pressure elected officials to start considering this.
You want me to tax my high donors.....don't think so lol that's their thoughts..
Scrap the cap! There's bills working towards it but they can't even pass a Daylight savings time bill which we all support. Doubt it will happen.
And the thing about social security is everyone gets it so it can be framed as helping the fund stay around for everybody.
I just wrote up a very long comment saying this same thing. Thank you for your more concise contribution!
Did you hear the tax plan she went over? Rich people aren't going to be asked to pay more for taxes or social security. People voted for that.
This is my go to channel for financial advice. Vivian is straightforward and easy to understand . Thanks Viv!
Can I just come here for economic news! Networth and chill sounds like a great four years. You give me the significance and how it impacts me and I really appreciate how you lay out the base knowledge and build up from there. I feel like I learn a lot with you.
Thank you for breaking it down for the general public! You are making a huge impact and helping millions through your videos 🙏
Can you make a video on Robo advisors? Like the best ones?!
The management fees are double compared to the S&P 500 or a target date fund.
I was so lost on tariffs before this video. Thank you 😊
She has no idea what she's talking about
How do you feel about your vote now?
@@Peerni215 Could you elaborate on how you think she doesn't know what she's talking about? Everything she said was accurate.
@@moose2154 Thank you! I didnt reply bc I felt like the insult was more important than the info for them smh
Vivian is a godsend for us. Some of us are scared but we have to invest for our children’s future.
Vivian, you’re the GOAT for real!
Yes, now is the time to be financially literate for sure !!
Thank you, thank you, thank you for a hit of reality, as a single senior citizen your information is golden.
This was super helpful, Vivian. I’m watching for the tariffs and plan to donate more to neighborhood fridges and pantries to help out more folks.
Thank you for speaking on this. We all need to see it but I hope that people who really need to hear this watch and actually listen.
Well said at 12:14 I have American relatives who have made jokes about the tariffs on Canadian products. “Hurrr maple syrup hurr”, when it’s really more like, “electricity, the lumber to rebuild LA, and potash”. It’s much more than just maple 😅
Baby formula.
In America, we have 1 baby formula factory. When it shuts down (cleanings and such), we used to import from Canada. The USMCA made that so much harder, which grossly limited supply and shot up prices.
@ see, as a Canadian, I really really really hope we don’t put a tariff on baby food. I remember shipping Enfamil formula to friends all through Covid because they couldn’t find any on the shelves. The idea of penalizing the disenfranchised who need baby food at cost makes me want to gag.
Are people in LA going to rebuild wood houses that can burn down? No insurance company is going to insure new wood structures.
A lot of people’s fire coverage was revoked last fall anyway. IF your home insurance pays out anything at all, you would be lucky to be able to afford enough wood and building supplies for a house. What are they going to build residential houses with? Steel that costs 3x as much?
Putting Canadian maple 🍁 syrup in my morning coffee is an indulgent I cannot live without. Love you 🇨🇦 Canada!
My Rich BFF is so awesome ! Love the content ! Thanks for explaining these in simple to understand terms 🙌🏼
First time seeing this podcast and only 30 seconds in. The sound quality and intro to this video are both top knotch
Ever since I've watched her shorts and hop into this video, she's speaking facts. Thank you🎉
Trumps plans can go both ways, Financial planning and retirement strategies are crucial, especially in today's economic climate. With global economic fluctuations and uncertainties, it's essential to have a solid plan in place to protect your financial future.
Consider diversifying your portfolio with a mix of stocks and stable assets. Seeking professional advice now could provide valuable insights and strategies to navigate market uncertainties and protect your investments.
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 skills and knowledge
It's crucial for individuals to diversify their portfolios, seek professional financial advice, and stay informed about market trends to navigate these challenges effectively.
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, James Brendan McCall, is a renowned figure in his field. I recommend researching his name online; you'll find all his credentials and everything you need to work with a reliable professional. With many years of experience, he is a valuable resource for anyone looking to navigate the financial market.
New subscriber! I love your channel and so glad I found it 🎉❤
We love you dearly ,Vivian,like a normal reaction hate hate hard truth but when you throw in navigating that makes me breathe. IT IS scary,but soooooooo
HAPPY we have you in our everyday life.!! Please keep helping us,it is much appreciated & a sigh of relief at times I COULD feel I can survive. Not easy,but doable,Folks,she is a Mac- genius for lower bracket people & kinda of a lighthouse to navigate through dangerous financial waters at times. Thank you,again. Your a blessing,child & wouldn't trade your sage advice for the world. GOD HELP US ALL..❤🇺🇸✝️⚘️⚘️⚘️!!
Thanks for explaining tariffs! Can you talk about them as precursors to recessions and depressions?
@@penny50533 she’s wrong about the tariffs so i would be careful who you listen to
THANK YOU SO MUCH FOR THIS VIDEO!!! Glad I'm a subscriber to this channel. You always cover a wide range of topics and explain things in a very clear way so I gave you a thumbs up and already shared this with some friends and co-workers (as usual). I am so glad you are here.
Thank you for providing an informed and objective perspective on taxes, fiances, and upcoming changes and how they impact every day people.
Objective? Are you a bot?
Praying for healing of your IBS, girl 😭 🙏. Love your content so much.
I grew up with a single mom. Couponing and discount stores were a big part of our life when I was a kid.
I am so happy you're both successful and have compassion for the struggling. I would bet you're self-made.
Wow, very well put! A fair and informative review and insights of these potential changes. I'll be recommending this to others. I really appreciate the support of more material to spread to increase financial aptitude for everyone.
Thank you for this information! Glad I found your channel so I can watch full episodes and not just shorts. Love all your content.
Vivian you are super smart !
You are my favorite investment person! Love to listening to you.
I like your shirt. It’s cool and interesting. I also bought your book!! 😜
Dropping knowledge bombs the whole time, love to see it! Thanks Vivian!
Love the way you explain all the things!
keep preaching and empowering, vivian 🙌🙌🙌
This is a very important topic. Education is going to be the difference between barely scraping buy over the next few years vs. being set up for future success. Good to see a fellow woman educating folks on how to get their finances in order!
As always, your content is top tier ❤
Thank you for always being transparent ❤
Stability is being challenged by economic uncertainty, housing issues, foreclosures, global volatility, and the lasting effects of the pandemic. To regain stability and drive growth, all sectors must act swiftly to address concerns around rising inflation, slow growth, and trade disruptions.
Consider hiring financial advisors, estate planners or tax experts. They can provide specialized knowledge and help you navigate complex financial decisions.
Having an investment advisor is currently the best way to approach the stock market. I was going alone, but it wasn't working. I've been working with an advisor for a while now, and last year, I achieved over 85% capital growth minus dividends
How do I reach out to a financial advisor, my portfolio has been struggling since 2022 and I’ve been holding on by the skin of my teeth.
Do your homework and choose one that has strategies to help your portfolio grow consistently and steadily. ''Melissa Terri Swayne” is responsible for the success of my portfolio, and I believe she possesses the qualifications and expertise to meet your goals
Thank you for this tip. it was easy to find your coach on Google, Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
Thank you for making it easy to understand the topic. It is also very enlightening
Congratulations on your 1M subscribers
I actually just signed up for a DCFSA! So glad we learned about it this year.
Thank you Vivian. Retiring 2027 and praying we will be ok
Same.
Same (in 2030).
You’re an outstanding, educated woman. Thanks for this video. It really breaks everything down in understandable terms.
Here’s to hoping this reaches more people stuck in their echo chamber of unadulterated stupidity thinking tariffs will make groceries cost less. Thank you for putting in the effort to really dumb down the lingo, lord knows they’ll need it
Good to hear your honest, non-biased perspectives Viv👍👍👍
Explained everything clearly and succiently, thank you!!
This is very educational ❤. Thank you 😊
Love the solo video vs. interviews….
Okay - genuinely curious - can you explain why? Transparently, we're seeing solos also perform better vs. interviews, but obviously they're a much larger lift because of all the research and prep and everything that goes into being able to filibuster for 30 minutes. But if more people prefer solos, I'd do more of them. Please let me know!
In interviews, the viewer has to nitpick things that are applicable to their life, but solo interviews are
@@YourRichBFF I prefer solo as well!
@@YourRichBFFmore solo please. There’s only you talking and you go straight to the point. You articulate very well. I’m 57 and worry if I’ll have enough to retired. Can you tell me about how much is enough to retire in the DFW Texas area? I live a very simple life.
Thank you for explaining it so well! I am a new subscriber now😊
Like how you talk and explain easy ty sm!!!
Thank you for the information, appreciate the time and effort you put in your videos 👌🏽
Thank you for that Very good advice. ❤
Great stuff. Super helpful. Also, the “China” Trump impersonation was hilarious! 11:44
The tax breakdown at 18 minutes explains everything. For the first time in my life, I'm genuinely looking for a new country to live in.
Yea a lot countries have lower taxes and don’t punish you for success. America has fallen a lot on the economic freedom index. Hopefully Trump can fix a lot of that.
You do such a great job of explaining things so clearly. Thank you for making this understandable!
I'm really fascinated investing in stocks this 2025, but I haven’t put in a lot of money yet, despite seeing news of people making millions, because I’m always concerned about the risks involved. What are the best strategies for less risk and more gains?
Diversifying your investments can help you manage risk while aiming for solid returns. It might be a good idea to explore sectors that tend to do well during inflation, like bonds or utilities. Also, seeking the help of a financial advisor could be really beneficial. They can provide you with tailored guidance and help you develop a strategy that aligns with your goals.
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!
Mind if I ask you to recommend this particular coach you using their service?
I've stuck with ''ZAREEN GRACE CHURCH'' since the covid-crash of 2020, and her performance has been impressive to date. She’s quite renowned in her field with over two decades of experience, you can simply look her up.
Thanks for the info. I searched for her full name and found her website right away. I reviewed her credentials and did my research before reaching out to her.
I just want to thank you for sharing your knowledge with us! I’ve enjoyed learning so much from you. ❤
If you are worried about apples instead of apple. Is the best way to put it. Most people who don't invest don't have the extra funds to do so. I didn't invest until I started making way more than I was spending. My spending never decreased, it increased but my earnings increased way more
Love your videos! ❤❤keep up the great work of spreading this great information!
They need to lift the pay cap on ss from 160k or whatever it is
Hello!
Great podcast, my wife sent me the link and I discovered your podcast like that.
I agree with many of your ideas, I also love the objective of extracting the impact on Avg American's life.
I had a few clarifications I wanted to ask:
1) People talk about tariffs and only mention either the good or the bad. It's either "cost of imported products will increase" or "we will move manufacturing to the US, making more jobs for Americans". You also mentioned the downsides (that potentially can be mitigated by other economic policies) but didn't mention the potential upsides. I was wondering what you think about it. Do you think the positive tradeoffs are not worth the downsides? Do you think they won't be able to migitage the inflation with interest rate changes etc ?
1) I absolutely agree that big corporations are profit driven and controlling them is part of what makes a healthy capitalist economy. But I think Trump talked about over regulation that hinders progress, and thus removing said regulations. I was wondering if you think there's any potential positive impact to this policy.
New here ! Super happy to be here
This was so informative!! Thank you! You truly are my BFF 😊
My issue is... what policies? Trump's policy positions change from day to day, and it's hard to keep up. Seriously, this should be a series so we can keep up.
The tax cuts you spoke about were very eye opening. I have a Trumper relative coming to visit next month. She’s “Fox Educated” so I can’t wait to throw this her way.
All things considered, the market is undergoing a complicated blend of patterns, influenced by a number of variables such as Trump's policies, tariffs, and inflation worries. With rising volatility and the danger of a downturn, it is imperative to concentrate on risk management and diversification.
For those who are unprepared, market corrections can be disastrous, particularly if they are overexposed to high-risk investments. The past crash taught us that a long-term strategy and a diversified portfolio are essential for surviving economic downturns.
I vowed to diversify across industries and asset classes in order to protect my savings following the most recent significant crash. I used to have a portfolio that was primarily composed of tech stocks, but I've since moved towards a mix of index funds, low-risk bonds, and dividend-paying equities. Even in volatile markets, I have been able to gradually increase my portfolio to $1.5 million by working with a financial advisor and rebalancing on a regular basis.
Could you kindly elaborate on the advisor's background and qualifications?
I have worked with a few financial advisors before now but i ultimately settled for 'Annette Marie Holt'. She is SEC regulated and licensed in US. You can easily look her up
Thanks a lot for this recommendation. I just looked her up, and I have sent her an email. I hope she gets back to me soon.
Just a note... SS was never meant to be anyone's entire retirement income. It was originally supposed to be an emergency backstop.
And then eventually it was meant to be 1/3 of the 3 legged stool, with ss as 1 leg, pension as 1 leg, 401k as the 3rd leg. Now it's maybe going to be 1/5 with 4/5 coming from personal retirement accounts
So helpful...thanks for the oversimplified, and lacking real-world application history lesson. Never mind that stop gap need keeps growing...
You are amazing, and thank you for such an amazing and honest financial information.
thank you for clarifying without politicizing.
So happy i came across this channel.
Even if you do not understand the pizza metaphor ....the take away is get those bonuses/promotions and raises besties
So darn awesome 😎😎😎😎😎 thanks lots of great content. You help me in so many ways. Love it.
Vivian!! Love your content. Come do a talk in Atlanta!
Thank you for making content 💗💗 we appreciate it 🫶
I told my friends and family how disappointed I was when I learned they voted for DT. Now they're extremely quiet about things. I didn't cut anyone out of my life but none of them better come crying to me when things go sideways for them.
Don’t worry, babe it won’t. It will only get better from here.
They probably think the same thing about you.
Hey Vivian, thank you for all you do and giving us information. I was wondering what are your thoughts on the app bloom?
Tariffs will increase costs of finished goods and components used throughout US manufacturing. This will be an immediate and huge hike in inflation. To fight inflation the Fed will have to hike interest rates which will be wonderful for the billionaires but possibly take away the middle class. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun..
A collapse has began!!! Rich people know this.... they are hedging... through hedge funds. It costs them about 6% a year to do this. Those that aren't rich are not hedge and are at great risk in the bubble of all bubbles with the debt at all time highs. The increasing prices have impacted my plan to retire at 62, The stock market's volatility, coupled with a reduced income, is making me anxious about having enough for retirement.
I feel your pain mate, as a fellow retiree, I'd suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $110k in value stocks and digital assets, Up to 400k so far and pretty sure I'm ready for whatever comes.
Could you share some details about your financial advisor? How can I get in touch with her?
Annette Christine Conte 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.
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.
Such GREAT information, Thank you
I wish people would mention the cap on social security contributions around 175k. After 175k you stop paying into social security so Bezos pays in the same as a mid-level engineer at Amazon.
Realistically Bezo and other CEOs don’t even pay that full amount as they receive most of their pay as stock options not wages.
They also stop increasing their benefit. SS only works with increasing size of workforce.
If you really want to solve SS you need to reduce outlays, increase retirement age. Or personally think you should be able to opt out since your return is half what you can get yourself.
@@starspaceschool587 They also "stop increasing the benefit" because its supposed to be floor for retirement not a way to live in luxury.
Medicare taxes for example get taxed at any income range.
Also people already lose any benefit after the calculation window that is like 20 years so it isnt like the program isnt redistributing in its current setup.
@ then out of fairness they should have a cap on the tax.