What Type of Mutual Funds Should I Be Investing In?

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  • Опубліковано 4 лют 2025

КОМЕНТАРІ • 778

  • @NicholasBall130
    @NicholasBall130 2 місяці тому +509

    Investing in mutual funds offers a structured and diversified approach to building wealth, managed by professional fund managers. While there are costs and some limitations, the benefits of diversification, professional management, and ease of access make mutual funds a popular choice for achieving a variety of financial goals.

    • @StacieBMui
      @StacieBMui 2 місяці тому +3

      ADBE, VWINX and FSPGX are all still good buy, but what do I know I’m not a financial advisor lol

    • @JamesLongman-v5r
      @JamesLongman-v5r 2 місяці тому +2

      Exactly, I used to doubt the value of a financial advisor until my wife's company assigned her an investment adviser in 2020. Honestly, it’s been the best financial decision I’ve made. It helped tremendously; I went from barely making any profit to having a well-diversified portfolio that has grown significantly, with gains exceeding $850k.

    • @TylerJamestown
      @TylerJamestown 2 місяці тому +2

      I’ve been worried sick about the current state of my portfolio, who is your advisor?

    • @JamesLongman-v5r
      @JamesLongman-v5r 2 місяці тому +1

      Finding financial advisors like Rebecca Nassar Dunne 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.

    • @VictorBiggerstaff
      @VictorBiggerstaff 2 місяці тому +1

      I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.

  • @MaximilianFischer497
    @MaximilianFischer497 21 день тому +533

    I think people should diversify into Stocks, Mutual funds, Forex, and Real estate, witnessing traders' millions is inspiring, but I seek smart, informed strategies to navigate these markets, minimizing risks and maximizing returns, perhaps through education, expert guidance, or alternative investment approaches.

    • @TicheDebb0
      @TicheDebb0 21 день тому +6

      Real facts. The financial market, including real estate, may be complex, but with expertise and a solid understanding, it can yield substantial rewards and lucrative opportunities for savvy investors and informed decision-makers.

    • @EvelynBrooks0
      @EvelynBrooks0 21 день тому +5

      True, I lost a lot trying it all by myself. Stock picking, Mutual funds and selection, real estate investment and my portfolio on red, about nighteen months ago. I got with a professional FA, I’ve now seen my $190k startup close to 2million in dividends. Without doubt professionalism is unmatched.

    • @henryallard245
      @henryallard245 21 день тому +4

      That’s a good amount for that time frame, can you say on who your adviser if you don’t mind.

    • @EvelynBrooks0
      @EvelynBrooks0 21 день тому +5

      “Sonya Lee Mitchell” is the 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.

    • @AshleySommerset808
      @AshleySommerset808 21 день тому +3

      Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

  • @sarawilliam696
    @sarawilliam696 Місяць тому +352

    My portfolio doesn’t just cater to dividend stocks. I hold $VFIAX (S&P 500 index fund) in my Roth IRA and $VTI (Total Stock Market ETF) in my taxable brokerage account. Two of my largest holdings. The individual dividend stock positions all complement the index holdings.

    • @NicholasHarmon-ow3jl
      @NicholasHarmon-ow3jl Місяць тому +2

      Thats when you hire someone to manage your money. You need a (CFP) straight up! personally, I would invest in ETF's and also love investing in individual stocks.

    • @Justinmeyer1000
      @Justinmeyer1000 Місяць тому +3

      I took charge of my portfolio but faced losses in 2022. Realizing the need for a change, I sought advice from a fiduciary advisor. Through restructuring and diversification with dividend stocks, ETFs, Mutual funds, and REITs, my $1.2M portfolio surged, yielding an annualized gain of 28%.

    • @PatrickFitzgerald-cx6io
      @PatrickFitzgerald-cx6io Місяць тому +2

      Your advisor must be really good, how I can get in touch with them as my porfolio isn't doing well.

    • @Justinmeyer1000
      @Justinmeyer1000 Місяць тому

      Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Aileen Gertrude Tippy’’ for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.

    • @PatrickFitzgerald-cx6io
      @PatrickFitzgerald-cx6io Місяць тому

      Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

  • @LucyAkira371
    @LucyAkira371 6 місяців тому +87

    The problem we have is because Most people always taught that " you only need a good job to become rich. These billionaires are operating on a whole other playbook that many don't even know exists.

    • @LatoyiaCouch87
      @LatoyiaCouch87 6 місяців тому +2

      Money invested is far better than
      money saved, when you invest it gives
      you the opportunity to increase your
      financial worth.

    • @AustinSean-
      @AustinSean- 6 місяців тому

      It is remarkable how much long term
      advantage people like us have gotten by trying to be consistently not stupid,
      instead of trying to be very intelligent.

    • @HenryNathan0
      @HenryNathan0 6 місяців тому +1

      The wisest thing that should be on
      everyone mind currently should be to
      invest in different streams of income
      that doesn't depend on government
      paycheck, especially with the current
      economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.

    • @JoeLogan2b
      @JoeLogan2b 6 місяців тому

      Many individuals report success in investing in stocks, forex, and cryptocurrency (Bitcoin), yet I continue to struggle. Can somebody help me out or advise me on what to do?

    • @AdamNathan-
      @AdamNathan- 6 місяців тому

      Even with the appropriate method and assets, some investors will still outperform others. As an investor, you should already know that nothing surpasses experience, and that is final. Personally, I had to seek advice from a stock specialist, which allowed me to build my account by over $35k, extract my profit just before the correction, and now I'm purchasing again.

  • @JoshuaKerr-m4u
    @JoshuaKerr-m4u 2 місяці тому +562

    Since the epidemic, the economy has taken out much of my assets, despite my best efforts to save money, contribute to early retirement, and achieve financial independence. In these volatile times, I want to know if I should keep adding to my portfolio or if I should explore other sectors.

    • @danieltaylor--65
      @danieltaylor--65 2 місяці тому +2

      You should look at energy stocks , they look to be the biggest beneficiaries of AI and Data centers , also DCAing into a good ETF too ...Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.

    • @donaldwayne7023
      @donaldwayne7023 2 місяці тому +2

      It's wise to stay proactive and diversify assets to manage risks during uncertain times. I’ve delegated my financial management to a consultant after facing a major downturn in late 2019 during the COVID outbreak. Today, I'm semi-retired and about 25% short of my $1 million retirement target after making additional contributions.

    • @JenniferDavis7630
      @JenniferDavis7630 2 місяці тому +1

      Please who’s this consultant ?

    • @donaldwayne7023
      @donaldwayne7023 2 місяці тому +1

      I’m cautious about giving specific recommendations as everyone's situation varies. You may consider independent financial advisors like “Laurelyn Gross Pohlmeier* I've worked with her and I'd gladly commend her exemplary service on a public post.

    • @Angelinacortez495
      @Angelinacortez495 2 місяці тому +1

      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.

  • @clarkstephen7861
    @clarkstephen7861 2 місяці тому +562

    Mutual funds or Index funds which is a better buy right now? just got my lump sum inheritance and would love to put my money to work, so i can earn in dividends, i'm also looking at paying mortgage where rates are not so high.

    • @RoseGuerra7862
      @RoseGuerra7862 2 місяці тому +2

      Index funds are more valuable than Mutual funds as of now, though a few people perceive it to be as a result of the pending correction.

    • @martinheaway
      @martinheaway 2 місяці тому

      I’m currently working towards financial freedom with a focus on dividends & growth investing. Since 2014, I’ve built a portfolio made up of 30% Mutual funds , 25% Index funds, 15% STP and over 30% in digital assets, thanks to my CFA. This strategy has helped me earn $49,000 a year in dividends. Back in 2014, I only earned $21 in dividends.

    • @JaneClark7861
      @JaneClark7861 2 місяці тому +1

      Oh I've heard similar things about hiring an advisor. It's hard to choose one that's very good though. Could you make some useful recommendations?

    • @martinheaway
      @martinheaway 2 місяці тому +2

      I've experimented with a few over the past years, but I've stuck with ‘’Amy Desiree Irish ” and her performance has been consistently impressive. She’s quite known in her field, look her up.

    • @JaneClark7861
      @JaneClark7861 2 місяці тому +1

      Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.

  • @Hannahbenowitz
    @Hannahbenowitz 2 місяці тому +138

    Buying of ETFs is easy, but buying the right one without a time-tested strategy is incredibly hard. Hence which is best to buy now or put on a watchlist? I’ve been trying to grow my portfolio of $260K for sometime now, my major challenge is not knowing the best entry and exit strategies... I would greatly appreciate any suggestions.

    • @bartlyAD
      @bartlyAD 2 місяці тому +5

      Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional.

    • @HildaBennet
      @HildaBennet 2 місяці тому +3

      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.

    • @DaliaCohen2230
      @DaliaCohen2230 2 місяці тому +4

      I need advice on how to rebuild my portfolio and develop more successful tactics. Where can I find this coach?

    • @HildaBennet
      @HildaBennet 2 місяці тому +3

      My fiduciary is Sonya Lee Mitchell. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

    • @DaliaCohen2230
      @DaliaCohen2230 2 місяці тому +3

      I looked up her full name online and found her page. I emailed and made an appointment to talk with her; hopefully, she gets back to me.

  • @caseybills5517
    @caseybills5517 Місяць тому +225

    Considering the current market uncertainty, it seems prudent to invest in mutual funds. I'm thinking of allocating over $300k for retirement purposes. While the potential for short-term gains in a bullish market is appealing, I recognize the importance of maintaining a long-term investment strategy.

    • @StocksWolf752
      @StocksWolf752 Місяць тому +2

      You're not doing anything wrong, you just don't have the required skillset to profit off a down market, folks that are making profit in this market are pros and experts with in-depth knowledge and skillset.

    • @JamesLongman-v5r
      @JamesLongman-v5r Місяць тому +1

      A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

    • @TylerJamestown
      @TylerJamestown Місяць тому +1

      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?

    • @JamesLongman-v5r
      @JamesLongman-v5r Місяць тому

      Finding financial advisors like Sonya lee Mitchell 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.

    • @BateserJoanne
      @BateserJoanne 28 днів тому

      She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.

  • @coryDeshawn
    @coryDeshawn 3 місяці тому +512

    I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024

    • @HettieClausenTl
      @HettieClausenTl 3 місяці тому +1

      Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.

    • @SolemnBankingplc
      @SolemnBankingplc 3 місяці тому

      Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.

    • @mulattodavid
      @mulattodavid 3 місяці тому

      I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

    • @SolemnBankingplc
      @SolemnBankingplc 3 місяці тому

      My CFA ’Celia Kathleen Martel’ , 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.

    • @mulattodavid
      @mulattodavid 3 місяці тому

      I searched for her full name online, found her page, and sent an email to schedule a meeting. Hopefully, she responds soon. Thank you

  • @FeelMyTruth
    @FeelMyTruth 8 місяців тому +383

    I wish to diversify my assets by investing in ETFs/index funds/mutual funds and stocks of corporations with stable cash flows. I received $400k from the selling of my condo in Mansfield. Do I need some sort of asset manager to achieve this?

    • @WestonScally7614
      @WestonScally7614 8 місяців тому +6

      Remember that investing in the market carries risks, and it’s important to do your own research and consult with a financial advisor before making any investment decisions.

    • @FelineAirstrip
      @FelineAirstrip 8 місяців тому +6

      I sincerely believe people often underestimate financial advisors' importance too. Over 50 years of data reveal that those who work with advisors typically earn more than those who go it alone. I've been fortunate to work with one for 13 years, resulting in a $1 million portfolio, largely from early investments in AI and other growth stocks.

    • @SaintYvess
      @SaintYvess 8 місяців тому +3

      Pls who is this coach that guides you? I’m in dire need of one

    • @FelineAirstrip
      @FelineAirstrip 8 місяців тому +5

      *Jennifer Leigh Hickman* is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

    • @sting_grayl
      @sting_grayl 8 місяців тому +3

      Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

  • @RuthEvelyn-rc3bg
    @RuthEvelyn-rc3bg Місяць тому +264

    I always appreciate Dave's insight. Been investing 20% of my income and have built up to 120k. Now I want to diversify the portfolio to include digital currencies with potential for high growth and profit. I've read that is how people are making a lot of profit in the market now. Any recommendation

    • @LuvmeRos
      @LuvmeRos Місяць тому +3

      That's a good way to go. I had some difficulties two years ago when I wanted to invest some money in the digital cryptocurrencies, but I started with a CFP and investment just feels really easy since then and I've also made a lot of profit.

    • @jose2212-
      @jose2212- Місяць тому +3

      I agree. I also work with a CFP who has a good understanding of both the digital market and stock market. These days experts who have an all-round understanding are in short supply. This last quarter alone I've already made more than 150k in net profit.

    • @albacus2400BC
      @albacus2400BC Місяць тому +3

      Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve financial goals.

    • @jose2212-
      @jose2212- Місяць тому +2

      My CFA ’Amber Michelle Smith’ 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.

    • @DennisJack-km8ho
      @DennisJack-km8ho Місяць тому +1

      I just checked her website, and I’m even more impressed! The range of financial strategies and resources she offers is amazing. I can see why so many people trust her with their investments-looking forward to working together!

  • @FRJMJ
    @FRJMJ 2 місяці тому +5

    1:35 top investing quote ever

  • @ChristopherAbelman
    @ChristopherAbelman 9 місяців тому +513

    Very clear and helpful : thanks! Didn’t realise mutual funds had such high fees!
    BTW does each country have different index funds and are they limited to just one country’s stocks? Or are there more global’ index funds that track multiple countries’ stocks or index funds just for emerging markets etc ?

    • @HildaBennet
      @HildaBennet 9 місяців тому

      It’s a good time to buy in on the market, so seize the opportunity to purchase stocks on sales.

    • @FinnBraylon
      @FinnBraylon 9 місяців тому

      I think stocks will plummet further before actually experiencing steady growth and there are still quite a few stocks that makes for a good buy this season, you just have to do your research, but to be on the safer side and not second guess your market decisions, I’d suggest you reach out to a proper investment manager for guidance, they’re better equipped at understanding market patterns/movements and adjusting portfolio to match up with these market trends.

    • @PennyBergeron-os4ch
      @PennyBergeron-os4ch 9 місяців тому

      my portfolio is down over 23% j and It’s been that way fsince 2022 and I really could use professional help, I’m close to retirement. have you worked with an asset manager before and could recommend any?

    • @FinnBraylon
      @FinnBraylon 9 місяців тому

      Don't be hesitant to contact Sonya Lee Mitchell and follow her directions.

    • @PennyBergeron-os4ch
      @PennyBergeron-os4ch 9 місяців тому

      It's good you make your own research. and make sure whoever you work with is licensed n verifiable with a repute, this Sonya looks the part but i'd do my due diligence. I set up a call, tnks.

  • @spec404
    @spec404 2 роки тому +66

    My financial teacher uses your classes and podcasts every once in a while to teach us and I'm honestly hooked. Young and ready to be financially free

    • @cameronbachman8161
      @cameronbachman8161 Рік тому

      Mine did too, I remember her telling us she couldn't afford to move out of her mom's house so we should listen

    • @rajvo7406
      @rajvo7406 Рік тому

      Just don't get one of his smartvestor pros. otherwise, his teachings are good

    • @spec404
      @spec404 Рік тому

      @@rajvo7406 yeah no Dave is an interesting guy. I reccomend his advice to anyone but definitely goes into a bit of the guru nonsense

    • @Vlms84
      @Vlms84 Рік тому

      ​@@spec404you should look into Vanguard's index funds.

    • @jessekane808
      @jessekane808 3 місяці тому

      Hope you still have this drive! Awesome to hear and so rare

  • @donaldwayne7023
    @donaldwayne7023 4 місяці тому +602

    Purchasing stocks may appear simple, but selecting the proper stock without a tried-and-true strategy may be challenging. I have been trying to increase my $310,000 portfolio for a long time, but the biggest barrier is that I don't have a clear entrance and exit plan. Any advice on this matter would be greatly valued.

    • @danieltaylor--65
      @danieltaylor--65 4 місяці тому +2

      The methods are challenging for the average person. They are typically carried out successfully by experts with a high level of ability and expertise in such trades.

    • @JenniferDavis7630
      @JenniferDavis7630 4 місяці тому +2

      Some individuals minimize the importance of counsel until they make regrettable mistakes. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.

    • @Angelinacortez495
      @Angelinacortez495 4 місяці тому +2

      That makes perfect sense because you seem to know the market better than we do. Who is the mentor?

    • @JenniferDavis7630
      @JenniferDavis7630 4 місяці тому

      'Laurelyn Gross Pohlmeier' 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.

    • @debbygradley25
      @debbygradley25 4 місяці тому +1

      She seems to be a well-read and intellectual woman. I found her website when searching for her online; I appreciate you sharing.

  • @mthlay15
    @mthlay15 5 місяців тому +1

    I'm so thankful for these resources. Power to the people.

  • @djpuplex
    @djpuplex 4 роки тому +93

    The indexing type with extremely low fees.

  • @mikemcconeghy4658
    @mikemcconeghy4658 Місяць тому

    I like that advice about leaving a meeting knowing something you didn't know before. I've been in a lot of meetings where that did not happen. People came in with their minds made up and left knowing nothing new. Such a waste of time.

  • @Daniel7evens
    @Daniel7evens 2 місяці тому

    If you’re young listen & apply these teachings, i wish i found him 30 years ago…

  • @caseycantrell-gh6fg
    @caseycantrell-gh6fg 7 місяців тому +344

    Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

    • @lennoxmutterick6434
      @lennoxmutterick6434 7 місяців тому

      Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks

    • @caseycantrell-gh6fg
      @caseycantrell-gh6fg 7 місяців тому

      @@lennoxmutterick6434 However, if you do not have access to a professional like JUDITH ANN PEACE, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments.

    • @lennoxmutterick6434
      @lennoxmutterick6434 7 місяців тому

      @@caseycantrell-gh6fg Oh please I’d love that. Thanks!

    • @caseycantrell-gh6fg
      @caseycantrell-gh6fg 7 місяців тому

      @@lennoxmutterick6434 Judith Ann peace is her name

    • @caseycantrell-gh6fg
      @caseycantrell-gh6fg 7 місяців тому

      Lookup with her name on the webpage.

  • @CuriousMindCenter
    @CuriousMindCenter 3 роки тому +69

    Never understood the turnover ratio of mutual funds. Learned it through your teaching. Thanks Dave.

  • @adriatic670
    @adriatic670 4 місяці тому

    Capital gains tax is actually 20% if held for more than a year, if you sell before 1 year it’s taxed at ordinary income rate

  • @albertfranciosa1157
    @albertfranciosa1157 11 місяців тому +2

    Thank you for all the help

  • @rdbeaz
    @rdbeaz 8 місяців тому +2

    I dont do any mutual funds....clark howard

  • @eatonbutler1532
    @eatonbutler1532 4 місяці тому +58

    What truly distinguishes Michael Hugh Terpin is his unwavering dedication to continuous learning and innovation. He is constantly honing his skills, staying abreast of the latest trends, and adapting his strategies to evolving market conditions. His nimbleness and agility in responding to changes ensure that he remains ahead of the curve, consistently delivering outstanding results.

    • @sarahplatts3466
      @sarahplatts3466 4 місяці тому

      Terpin's approach to trading is not just about making profits; it's about mastering the art of the trade. His deep understanding of market dynamics, coupled with an unwavering commitment to research and analysis, sets him apart as a true luminary in the field. Terpin's ability to identify lucrative opportunities amidst market fluctuations is truly awe-inspiring.

    • @sarahplatts3466
      @sarahplatts3466 4 місяці тому

      he is active on telegrams everyday

    • @sarahplatts3466
      @sarahplatts3466 4 місяці тому

      *@michaeltpintrades*

    • @brentonharrison8254
      @brentonharrison8254 4 місяці тому

      Michael Hugh Terpin is an absolute powerhouse in the realm of stock trading, and his prowess is nothing short of remarkable. I've had the privilege of witnessing firsthand his exceptional skills and strategic acumen in navigating the complexities of the stock market.

    • @brentonharrison8254
      @brentonharrison8254 4 місяці тому

      he is also active on wa ts a p

  • @ambyrfifer4419
    @ambyrfifer4419 Рік тому +3

    Sounds to me like it’s not even worth it. Ups and downs and I’ll rather do what my grandma did and save all my hard earned money in a wall……I already lost my Roth IRA over half of it. It made me sick!!! I’m a single mom and I don’t trust any bank investing in my money any more. My house is paid off threw a flip thankfully 😅

    • @ksmsm1317
      @ksmsm1317 Рік тому +2

      Just remember overtime your money is slowly but surely losing it's value so I'd say investing in something safe might be more worth it in the end, but that's just me

  • @Mbcoinsnet
    @Mbcoinsnet 7 місяців тому +2

    Dave dave dave::: What does Warren Buffett think of mutual funds?
    Buffett not only sees index funds as the simplest path to achieve a diversified portfolio, but they're also the cheapest. One of the biggest factors that drives down the performance of mutual funds are the fees investors have to pay. That's led 92% of active mutual funds to underperform the market over the long run.Feb 7, 2024. I would go with Warren buffet. You could die waiting for these funds to produce. Like waiting 10 years plus. No thank you, for people in there sixty's this is the WRONG WAY TO GO.

  • @tanpham7411
    @tanpham7411 4 роки тому +65

    I haven’t watched the video but I guess Dave says something like” Growth, growth and income, aggressive growth and international”

    • @austinhoffman219
      @austinhoffman219 4 роки тому +3

      Was thinking the same thing lol.

    • @justinacase2623
      @justinacase2623 3 роки тому +1

      Why? because it works! Everyone else on here is a broke joke.

    • @JayJay41510
      @JayJay41510 Рік тому

      And still too this day he does lmao

  • @austinhoffman219
    @austinhoffman219 4 роки тому +51

    ETF’s are better.

  • @gerardopliego-financevideo8214
    @gerardopliego-financevideo8214 4 роки тому +69

    Long term or growth aggressively , also always educate yourself in something that you don’t understand. Simply never invest in something you don’t understand.

    • @kublai4434
      @kublai4434 4 роки тому +2

      Can you recommend some "growth" investments? Thanks

    • @justinacase2623
      @justinacase2623 3 роки тому +3

      @@kublai4434 NO, do your own work!

    • @RichyLucch
      @RichyLucch Рік тому

      @@justinacase2623lmao

  • @stewcon00
    @stewcon00 7 місяців тому +1

    I’m 24, have no savings or real investments / assets. Only thing left to payoff is my car. After I pay off my car I don’t know what to do to build my financial future. I’ll start setting aside but I don’t know where to go to invest it the best

    • @damondiehl5637
      @damondiehl5637 4 місяці тому

      If your employer offers a retirement plan, participate in that, at least enough to get the employer match. If you like the plans that are offered, that can be all that you need to invest 15% of your gross income.
      If you want more control over how your money is invested, you can open an IRA. You choose which assets go into your IRA.
      If you use a Traditional IRA, your contributions are deducted from your income at tax time, but everything is subject to tax as it comes out, in retirement. And at 72, you MUST withdraw a minimum amount.
      If you use a Roth IRA, you get no tax benefit each year, but everything comes out tax free and there are no required withdrawals.
      If you go the IRA route, you would do well to buy shares of an Exchange Traded Fund (ETF). They are like a mutual fund or index fund in that they represent shares of many different stocks, but they are traded like a stock share. Many of them mimic one fund or another. Symbol VOO by Vanguard is a popular ETF. it mimics the S&P500, so you are "buying the market" The top ten stocks it owns make of about 35% of all the shares it owns. When you buy ETFs, you have to understand how they are invested, as many of them own the same set of stocks and you can wind up with a lot of overlap. You can buy just VOO, and keep buying it each time you have money to invest, and you will do well.
      You can open an account with Vanguard or Fidelity or Schwab or even ETrade or StottTrade or some other company. With Fidelity and Vanguard and Schwab, you can buy mutual funds, index funds or stocks and ETFs. You can also have a money market or savings account with them. With ETrade, ScottTrade, etc, you are more restricted to stocks and ETFs, and they also offer savings accounts. All these companies are eager to help and have training resources and people who can help you.

  • @kallachnadra
    @kallachnadra 8 місяців тому +1

    In Norway..you need to pay taxes regardless of realistion.or selloff. Govt dont care.

  • @sman832
    @sman832 3 роки тому +52

    Why this country doesn't teach investing and finance in high school is beyond me. Ya know, something that is actually useful in life.

    • @joemeyer2726
      @joemeyer2726 3 роки тому +2

      Change schools, both my kids did

    • @duchaneaux
      @duchaneaux 2 роки тому +4

      I remember back in the early 2000's we were taught how to budget, write checks, save money, etc. One thing I remember my teacher saying was that you can live off of minimum wage if you were smart with your money. That was back when minimum wage was like $7/hr.
      We weren't taught how to invest and grow our money though.

    • @sar4432
      @sar4432 2 роки тому

      What country does?!

    • @bubbagump1306
      @bubbagump1306 Рік тому +2

      Our economics class did. Public High School. Kids just don’t listen.

    • @raymondherman2689
      @raymondherman2689 Рік тому +1

      When i was in high school, class of 2008, we had personal finance class..

  • @MiaJohnson-l4k
    @MiaJohnson-l4k Місяць тому +326

    Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing below the $100k mark and in the first 2 months, my portfolio was reading $234,800. Crazy right!, I decided to reinvest a huge percentage of my profit and it got more interesting.! For over a year we have been working together making consistent profit just bought my second home at the beginning of summer.

    • @MartaRinker
      @MartaRinker Місяць тому

      Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks

    • @MiaJohnson-l4k
      @MiaJohnson-l4k Місяць тому

      @@MartaRinker However, if you do not have access to a professional like SUZANNE GLADYS XANDER, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments.

    • @MartaRinker
      @MartaRinker Місяць тому

      @@MiaJohnson-l4k Oh I would love that. thank you.

    • @MiaJohnson-l4k
      @MiaJohnson-l4k Місяць тому

      @@MartaRinker SUZANNE GLADYS XANDER.

    • @MiaJohnson-l4k
      @MiaJohnson-l4k Місяць тому

      Lookup with her name on the webpage.

  • @DrJaredNelson
    @DrJaredNelson 4 роки тому +40

    Long term growth doesn't lie. Check the 10 year rate of return! 💪🏼

    • @harrychufan
      @harrychufan 4 роки тому +1

      What?

    • @DrJaredNelson
      @DrJaredNelson 4 роки тому

      @@harrychufan For mutual funds, the 10 year growth record can be viewed in the fund. Check that for a good indicator of long term growth potential. 👍🏻

    • @harrychufan
      @harrychufan 4 роки тому +4

      @@DrJaredNelson it statistically is a bad measure of future performance. 95% of funds that were in the top 25% of funds for 10 years ended up in the bottom 25% of funds for the next. It’s not a good measure of future performance, low fees are the greatest indicator.

    • @DrJaredNelson
      @DrJaredNelson 4 роки тому +1

      @@harrychufan Both are equally as important! You are a smart individual. Reducing the overhead is crucial for good returns. Thank you for the feedback. 👍🏻

    • @harrychufan
      @harrychufan 4 роки тому +1

      @@DrJaredNelson but I just told you they’re not equal. 10 year returns are actually a really bad indicator.

  • @rays9033
    @rays9033 2 роки тому +1

    What's the difference between a recommended Dave Ramsey local Investment and my local Davenport Investments agent. Both agents say they are better and more knowledgeable of the other.

    • @swazydriz327
      @swazydriz327 2 роки тому +1

      Your paying money for one that’s not a multimillionaire looking to help people. The other gives you completely free advice and has no reason to lie.

  • @MrJuandiego1988
    @MrJuandiego1988 3 роки тому +1

    When did he answer his question?

  • @Jsparrvik98
    @Jsparrvik98 2 роки тому +25

    Better advice would be to go with a ETF or index fund with no turnover because they are not actively managed persistence does not exist within the mutual fund industry

  • @wread1982
    @wread1982 4 роки тому +14

    No mutual funds, just index funds and dollar cost average

    • @perotal
      @perotal 4 роки тому +5

      Index funds are mutual funds. You mean no actively managed mutual funds

    • @wread1982
      @wread1982 4 роки тому

      @@perotal yes ma'am

  • @domwings4329
    @domwings4329 4 роки тому +17

    That guy needed way more answers

  • @mluterancik
    @mluterancik Рік тому +1

    Why don't they just come out and tell us the mutual funds to invest in? It's so hard to find this answer.

    • @AK-47ISTHEWAY
      @AK-47ISTHEWAY Рік тому

      Because Dave is not a registered financial adviser. He can not give out specific recommendations because he could get fined. Do not seek out one of his "SmartVestor Pros" that he is constantly advertising because they charge a front-end sales load/ commission. They are a total rip-off. Also, do not worry about trying to beat the market. Only 4% of fund managers can do it. Just buy index funds through a company like Vanguard, Fidelity, or Charles Schwab.

  • @nicholaspetitt
    @nicholaspetitt Рік тому +7

    I would not use mutual funds. Stick to low cost index funds or ETF's. VTI + VXUS + BND will be a good 3 fund simple portfolio. Don't listen to me this is just an example.

  • @warrenburke4241
    @warrenburke4241 4 роки тому +14

    This just helped me out so much

  • @TheMatadore
    @TheMatadore 4 роки тому +53

    Deferred accounts are just that, deferred taxes. Taxes higher or lower in the future? I know my bet.

    • @kirkcopping2086
      @kirkcopping2086 4 роки тому +19

      You need to factor in the growth on the tax deferred investments. Eventually you won't be working and will start pulling your investment money in lower tax brackets.

    • @SevenHunnid
      @SevenHunnid 4 роки тому +3

      I smoke marijuana on my UA-cam channel for a living

    • @Dabearscubsfan
      @Dabearscubsfan 4 роки тому

      @@SevenHunnid haha!! Now that’s livin

    • @Syphus323
      @Syphus323 4 роки тому +1

      @@kirkcopping2086 not if you have rental properties and are making more money in the future

    • @ChristianSedaPlays
      @ChristianSedaPlays 4 роки тому

      Just pay the taxes now on a Roth

  • @corey407woc
    @corey407woc 4 роки тому +183

    VTSAX and chill

    • @arminsohrab5155
      @arminsohrab5155 4 роки тому

      You like VTSAX or VFFVX?

    • @ClaxtonBay123
      @ClaxtonBay123 4 роки тому +5

      @@arminsohrab5155 There's no comparing a Total Stock Index to a Target Date Fund.

    • @craigholland2274
      @craigholland2274 4 роки тому +16

      Vtsax for me too. All in.

    • @chartuck
      @chartuck 4 роки тому +9

      made 30k in vtsax in 2020. sure I coulda made more but not bad for setting it and never touching it.

    • @randyfults9952
      @randyfults9952 4 роки тому

      Does Robinghood offer vtsax?

  • @handsomebarber424
    @handsomebarber424 Рік тому +2

    Why do people want other people to tell them what to do?

    • @ruhhshelle
      @ruhhshelle Рік тому +2

      Idk... you're here. Presumably, you're here either for advice and insight or to crap on other people trying to better themselves. One is honorable; one is not.

  • @TriggerTravels
    @TriggerTravels 28 днів тому

    If I buy a 200k dollar house and 5 years later it's worth 300k....my property taxes will go up because the county says it's worth more. Come on Dave

  • @ethanwild3301
    @ethanwild3301 4 роки тому +9

    Wouldn't you get taxed more when you take it out bc you're at a higher tax bracket?

    • @56jmoney
      @56jmoney 4 роки тому +6

      Long term capital gains are taxed differently than ordinary income. Different brackets.

    • @harrychufan
      @harrychufan 4 роки тому +1

      @@56jmoney at least right now. Possible they eventually make them the same rate.

    • @ethanwild3301
      @ethanwild3301 4 роки тому

      Okay thanks guys!

    • @joemeyer2726
      @joemeyer2726 3 роки тому

      No, capital gain tax rate nothing to do with income tax rate

  • @nbdysfool3
    @nbdysfool3 Рік тому +6

    Hey Dave can you disclose the exact mutual funds you invest in? Thanks

    • @AK-47ISTHEWAY
      @AK-47ISTHEWAY Рік тому

      ​@georgeslupski5987 That was a mistake. These "SmartVestor Pros" that he is constantly advertising for charge a high front-end sales load/ commission. You would have been much better off just investing in low-cost index funds through a company like Vanguard, Fidelity, or Charles Schwab. Also, do not worry about trying to beat the market. Only about 4% of fund managers can do that. If I was you I would transfer whatever you have invested with your adviser over to a deep discount brokerage firm like one of the three I recommended above.

  • @lstewartproductions
    @lstewartproductions 4 роки тому +4

    *Index Fund

  • @John3_16_
    @John3_16_ 4 роки тому +52

    You should definitely invest in the “rice and beans, rice and beans Mutual Fund”.

  • @Noenemies92
    @Noenemies92 4 роки тому +22

    None. Invest in ETFs or growth stocks. Mutual funds have very high fees. People usually look at the total return over 10 years not accounting for the fee. High mutual fund fee is one of the ways banks and these institutions make their money. Do some research its not even that difficult. Never go to a bank and ask for their advice as they have hungry financial advisors who are going to put you on a low risk mutual fund with a crazy management fee.

    • @r4rasa
      @r4rasa 4 роки тому +9

      Listen to this man. This is good solid advise. Low cost etf is the way to go. Mutual funds are there to make the banks and Ramsey like ppl rick. You even heard it from Ramsey, he says they get a commission when ppl invest. Etf you have control of your funds.

    • @Noenemies92
      @Noenemies92 4 роки тому +3

      @@aguyandhiscomputer if you get a mutual fund for 0.04% then get it. Make sure its 0.04% and not 0.04 because thats a lot of difference.

    • @jl-zz9zs
      @jl-zz9zs 4 роки тому +6

      Index mutual funds do not have high fees. Fidelity has some with no fees. You people seem to think index funds are not mutual funds. They are a type.

    • @r4rasa
      @r4rasa 4 роки тому

      @@jl-zz9zs you cannot sell covered calls on mutual funds. Ets are the way to go!

    • @kublai4434
      @kublai4434 4 роки тому

      Can you recommend some growth stocks?

  • @mattpeck6573
    @mattpeck6573 4 роки тому +13

    Isn't his whole mutual fund turnover tax analysis an argument for ETFs which don't disburse capital gains from inside the fund? I'd be curious why Dave recommends Mutual Funds over ETFs inside a taxable account? Not to mention ETFs are much cheaper than Mutual Funds (cheaper expense ratios and no sales charges).

  • @Blitzmcfc
    @Blitzmcfc 7 місяців тому

    Does anybody know what the best mutual funds would be a good start to start investing in the UK ? I'm a real novice at the moment and would just like some pointers to get me started

    • @damondiehl5637
      @damondiehl5637 4 місяці тому

      You could just buy VOO (an ETF) and be done with it. QQQ is basically the same thing.
      Vanguard has the lowest fees around, if you want to go that route.
      Vanguard has seven ETFs with a historic return of over 12% since inception (greater than 10 years, in some cases going back to the 1980s or even earlier).

  • @monkeyplus8392
    @monkeyplus8392 7 місяців тому

    The turnover rate applies with taxes even if it´s a Roth investment?

  • @Thebeautiful11
    @Thebeautiful11 5 місяців тому

    I have property tax every year based on a valuation.

  • @abitamimbharmal1498
    @abitamimbharmal1498 3 роки тому +31

    ETFs do the same thing as mutual funds without tax implications until you sell. Dave needs to get up to date.

    • @justinacase2623
      @justinacase2623 3 роки тому +3

      Not gonna happen Captain. IRS will want their cut

    • @jasongodek9828
      @jasongodek9828 3 роки тому +18

      @@justinacase2623 they get their cut…when you sell, as the OP said

    • @Commando303X
      @Commando303X 3 роки тому +2

      Your comment suggests that Ramsey somehow erred in his statement, which he did not.

    • @chikipichi5280
      @chikipichi5280 2 роки тому +1

      Most mutual funds have strategies that make them just as efficient as an ETF tax wise.

  • @RJG86X
    @RJG86X 9 місяців тому

    IUL policy or Mutual funds if you could only choose one

  • @allenboyer2207
    @allenboyer2207 Рік тому

    Nicholas Fund has been very good to me over the last thirty years.

  • @maverickjacksonexecutivedi7569
    @maverickjacksonexecutivedi7569 3 роки тому +6

    I love listening to this brother 🤗 💯 👏🏾👏🏾👏🏾

  • @b-rad3937
    @b-rad3937 7 місяців тому

    Would mutual energy funds be good to invest in???

    • @damondiehl5637
      @damondiehl5637 4 місяці тому

      Have you ever stopped using energy?

  • @Andy-ou9lp
    @Andy-ou9lp 4 роки тому +6

    CTXR thank me later.

  • @CatheterCollector
    @CatheterCollector 4 роки тому +17

    Answer: Short term PLTR call options

    • @tony9131
      @tony9131 4 роки тому

      Preferably 0dte

    • @Taylordtech
      @Taylordtech 4 роки тому

      @@tony9131 The best kind of FD.

  • @anthonytorres4375
    @anthonytorres4375 4 роки тому +44

    VTSAX

    • @chartuck
      @chartuck 4 роки тому +5

      made 30k in vtsax in 2020. sure, I coulda made more but not bad for setting it and never touching it.

    • @mannyjeanpierre4062
      @mannyjeanpierre4062 4 роки тому +2

      @@chartuck how much did you have invested?

    • @chartuck
      @chartuck 4 роки тому +3

      @@mannyjeanpierre4062 135k

    • @perotal
      @perotal 4 роки тому +1

      Amen brother

    • @r4rasa
      @r4rasa 4 роки тому +1

      Vti is better

  • @BigChuck525
    @BigChuck525 4 роки тому +8

    Good information on turnover ratio within a mutual fund.

  • @tishshamiller
    @tishshamiller 22 дні тому

    Do you mind sharing which stocks you recommend for a roth? I would like a 3 fund portfolio. I have fxiax and schd right now. I need one more and a reit.

  • @cicciuzzu5032
    @cicciuzzu5032 9 місяців тому

    So the point of this video is that we don't need to sell our stocks otherwise we're gonna pay taxes on the profit???

    • @damondiehl5637
      @damondiehl5637 4 місяці тому +1

      You only create a tax event if you actually incur income. Any increase is unrealized gain until you actually sell. Same thing if you lose money. You haven't really lost it until you sell.

  • @mistyerousart
    @mistyerousart 4 роки тому +47

    Love Ramsey such helpful tips. I always listen to talk show on the way to work. Education is power.

  • @justanotherguy4283
    @justanotherguy4283 4 роки тому

    None

  • @josephmulero3962
    @josephmulero3962 Рік тому

    QUESTION: I am a military veteran. I have access to Navy federal and USAA. Where do you all recommend I begin investing into
    ETFs or mutual funds ?

    • @bryanwright5643
      @bryanwright5643 Рік тому

      Get both

    • @josephmulero3962
      @josephmulero3962 Рік тому

      @@bryanwright5643 I have both Navy federal and USAA. Are you familiar with them?

    • @damondiehl5637
      @damondiehl5637 4 місяці тому

      Open an account at Vanguard or Fidelity or ETrade.
      All you really truly need is VOO.
      I have had accounts at NFCU since 1983, but I use Fidelity and ETrade.
      Semper Fi.

  • @evanwatkins9243
    @evanwatkins9243 4 місяці тому

    does turnover rate apply to Roth IRAs?

    • @damondiehl5637
      @damondiehl5637 3 місяці тому

      No. Roth IRAs are funded with after tax dollars and all the activity inside the IRA is not subject to tax.

  • @mokshavortice
    @mokshavortice 4 роки тому +2

    What about ETF’s?

    • @cryptobusy1558
      @cryptobusy1558 4 роки тому

      w h a. s a PP.
      +1...3...0...4...5...0...8...6...9...4...6...

    • @cryptobusy1558
      @cryptobusy1558 4 роки тому

      Inbox James Maxwell for special assistance

    • @mokshavortice
      @mokshavortice 4 роки тому

      @@cryptobusy1558 assistance with what?

    • @jimhandler1129
      @jimhandler1129 4 роки тому

      Ignore that SPAM VOO ETF

    • @marktopping4576
      @marktopping4576 4 роки тому

      @@mokshavortice I don't know why spammers try if people like you point it out.

  • @angelcaicedo6242
    @angelcaicedo6242 3 роки тому +1

    You didn’t answer his question 🙋‍♂️

  • @DuhKoreGames
    @DuhKoreGames 2 дні тому

    How many funds should you hold in a portfolio? And what percentage of each is recommended

  • @AndersonFair-cy2bb
    @AndersonFair-cy2bb 4 місяці тому +373

    I have a 3 fund portfolio consisting of 33% S&P, 33% Total stock, and 33% international. I feel a need to focus on complete growth so I went 100% stocks, but does the SP500 and TSM overlap too much to make sense holding both? However I’ve been in the red for a month now. I work hard for my money, so investing is making me a nervous sad wreck. I don’t know if I should sell everything, sit and just wait but watching my portfolio of $450k dwindle away is such an eye -sore.

    • @FaithAndrada-xo9ou
      @FaithAndrada-xo9ou 4 місяці тому +3

      there are tons of cool stocks in different industries to watch. You don't have to act on every forecast. I suggest teaming up with a financial adviser who can help you pick the right times to buy and sell the stocks or ETFs you're eyeing. They can give you some solid advice to make smart moves

    • @williamyejun8508
      @williamyejun8508 4 місяці тому

      That's awesome to hear! Having a skilled adviser to guide your day-to-day investment decisions, especially with their expertise in long and short positions, risk management, and access to exclusive information, can really make a difference. It's no surprise you've seen such impressive returns, netting over 2.8 million in over 2 years. Keep up the great work with your adviser!

    • @chris-pj7rk
      @chris-pj7rk 4 місяці тому +2

      bravo! I've been getting suggestions to consider financial advisery, but where and how to find someone reputable has been challenging, mind if I look up the adviser guiding you please?

    • @williamyejun8508
      @williamyejun8508 4 місяці тому +4

      Her name is 'Amy Desiree Irish’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

    • @chris-pj7rk
      @chris-pj7rk 4 місяці тому +2

      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.

  • @ronnieriosstayshredded7410
    @ronnieriosstayshredded7410 4 роки тому +22

    Sell the car

  • @fauxbro1983
    @fauxbro1983 4 роки тому +19

    Get an s&p 500 index fund

    • @stevenporter863
      @stevenporter863 4 роки тому

      S&P Index Fund in. ROTH - 👍
      Strange that the caller is inheriting $150K and has to learn on national radio the very simple idea that you don't pay taxes until you sell (paper gain).

    • @nellysakaly9457
      @nellysakaly9457 4 роки тому

      I heard about S&P 500 that’s it’s a good fund invest to. Have you invested into S&P 500? I’m new to this.

    • @stevenporter863
      @stevenporter863 4 роки тому +3

      @@nellysakaly9457 make sure it is low fee Index Fund, not Mutual Fund which is actively managed thus higher fees.

    • @jimhandler1129
      @jimhandler1129 4 роки тому +2

      @@nellysakaly9457 VFIAX , FXAIX

    • @TheSurgeExclusive
      @TheSurgeExclusive 4 роки тому

      @@stevenporter863 with a Roth you pay taxes on your initial contribution so you don’t have to pay taxes when you withdraw the money past 60 years old. Traditional IRA is the one where you don’t pay taxes until you withdraw

  • @MarkNealJr
    @MarkNealJr 4 роки тому +6

    Great teaching moment!

  • @delicious_seabass
    @delicious_seabass Рік тому +4

    Mutual funds are such a scam if you look into the obscene fees some of them charge. A much better option is to invest in an ETF, especially a self-managed one, where the fees are low, pay a quarterly dividend, and grow over time. You can even set up what they call a 'drip' with your brokerage and have that dividend automatically reinvested without you doing anything. The hardest part of this process is setting it up, but after you do, all you need is contribute a percentage of your income each year. If you can do that monthly, even better.

  • @deborahrobinson-s3k
    @deborahrobinson-s3k 2 місяці тому

    Great content! I have a separate question: I have the SafePal Browser Extension Wallet with USDT, and I have the seed phrase. (job priority warm lab border boil monkey manage palace fiber weird ask). How can I transfer them to Binance?

  • @Angelavaldess
    @Angelavaldess 10 місяців тому +282

    I’ve got a couple of good ETFs and other share holdings doing incredible numbers in my portfolio. I’m up 47% from last year! I’m also well positioned with good blue chip companies and I have stop losses in place. Do you think i should acquire more funds?

    • @Higuannn
      @Higuannn 10 місяців тому +2

      Amazing well done! Which companies have performed best for you?

    • @Angelavaldess
      @Angelavaldess 10 місяців тому +3

      @@Higuannn Thanks, I invest using an advisor and she prefers i invest in large cap companies with cash flows and strong balance sheets. Some of which are AAPL, MSCI, IUKD, VHYL, SCHD, NVDA and Barclays.

    • @ericmendels
      @ericmendels 10 місяців тому +1

      @@Angelavaldess Congrats! I wish i could say same for myself, I've been down bad recently. I buy into the idea of using an expert but finding a decent one has been the challenge. Do you have any recommendations?

    • @Angelavaldess
      @Angelavaldess 10 місяців тому

      @@ericmendels Sure, only one person comes to mind, the popular lady Alicia Estela Cabouli. You'd find her basic info. on the web to set up appointment as she offers free consultations.

    • @Angelavaldess
      @Angelavaldess 10 місяців тому +1

      Sure, only one person comes to mind, the popular lady Alicia Estela Cabouli. You'd find her basic info. on the web to set up appointment as she offers free consultations.

  • @kylemarshall4372
    @kylemarshall4372 3 роки тому +1

    I’m 18 can someone recommend me what to invest in?

  • @karengarcia-z5d
    @karengarcia-z5d 2 місяці тому

    Thanks for the valuable info! On a different topic: I have the OKX Wallet with USDT, and I have the seed phrase. (job priority warm lab border boil monkey manage palace fiber weird ask). Could you help me figure out how to move them to Binance?

  • @smartz565
    @smartz565 Рік тому +2

    thank you Dave .. this is community service

  • @Coolwater83
    @Coolwater83 4 роки тому +7

    Would the ETF equivalent of daves investing strategy be VOOG, VOT, VBK, and VEA?

  • @Thedonron12
    @Thedonron12 4 роки тому +29

    ETF's > Mutual Funds.

    • @trevormaxwell3703
      @trevormaxwell3703 4 роки тому

      Bet!👍🏻

    • @75sheed
      @75sheed 4 роки тому +2

      What’s the difference?

    • @andrepoghosyan8269
      @andrepoghosyan8269 4 роки тому

      @@75sheed etfs are like baskets that buy stocks from a specific index, like the s&p 500. This means that their fees are very low. Meanwhile, mutual funds are actively managed by experts and therefore have high fees that cut into your profits, which are not guaranteed. Over a long period of time, ETFs beat mutual fund nearly all of the time.

    • @harrychufan
      @harrychufan 4 роки тому +12

      @@andrepoghosyan8269 this literally isn’t true at all. An ETF is literally just a different way of owning a mutual fund, through your broker and not directly. Being an ETF doesn’t mean you have low fees at all. There are tons of ETFs with high fees. Index funds are what you want, and they can be in the form of an ETF like VTI or a mutual fund like VTSAX.

  • @kausdutta
    @kausdutta 2 роки тому +16

    Dave you are just amazing !!
    Recently UA-cam suggested me a video and now all day I keep watching your videos and feel motivated through your learnings.

    • @rajvo7406
      @rajvo7406 Рік тому +1

      Just don't buy his products. Otherwise he's great

    • @chrysopigilazarakou5113
      @chrysopigilazarakou5113 Рік тому

      @@rajvo7406 how do you mean? Which products ?

    • @rajvo7406
      @rajvo7406 Рік тому

      @@chrysopigilazarakou5113 smartvestor pros

  • @TiffinyKendallPhotog
    @TiffinyKendallPhotog 2 роки тому

    It makes perfect sense thank you!

  • @mysticaltyger2009
    @mysticaltyger2009 4 роки тому +11

    Very few actively managed mutual funds have turnover at 10% or lower. Typically only index funds have turnover that low.

  • @leeroyexcavator9149
    @leeroyexcavator9149 3 роки тому +3

    The heart of a teacher?? Lol. Not now days!!

  • @jorgealmeyda5222
    @jorgealmeyda5222 2 роки тому

    So Dave says do not invest in things you don’t understand. Like growth funds?

  • @terelmiles5515
    @terelmiles5515 4 роки тому

    None. The answer is none.

  • @thetruth5635
    @thetruth5635 4 роки тому +1

    For my 403b prudential I have it in harbor capital it was good now I ain’t to sure can any one help me?

  • @miraman68
    @miraman68 3 роки тому +4

    It's not rocket science , but it's still hard to grasp for us simple people. lol

  • @ethanwild3301
    @ethanwild3301 4 роки тому +12

    *next question: how do I find a investment consultant?*

  • @mrstinky2421
    @mrstinky2421 4 роки тому +4

    Buy the index and enjoy being average. Average isn't what they preach for debt but for investing, which is aggravating.

    • @jacobriverson3807
      @jacobriverson3807 4 роки тому

      It’s difficult to get people to buy basic index funds. If they make it any more complicated most people would just give up. I agree though beating the average with ETFs isn’t too hard and they could cover it better.

    • @harrychufan
      @harrychufan 4 роки тому

      Average is statistically better than 95% of fund managers over 10 year periods, so not so average ;)

    • @GarageDwellerPat
      @GarageDwellerPat 3 роки тому

      Average is good. Greed is bad.

  • @yodakbarrabucci2582
    @yodakbarrabucci2582 Рік тому

    I just wanna recommendation for investing 10K Don’t need high risk. Just steady growth

  • @jeffanthony-qt9cx
    @jeffanthony-qt9cx Рік тому +84

    I traded well on my Demo account but when I invested in to my main account i lost all my funds. Please i need an expert to assist me with my trading. It's frustrating how people loss funds in this trading, I really feel so bad.

    • @VictoriaP960
      @VictoriaP960 Рік тому

      I do see it that forex and crypto trading is one of the profitable money exchange services that elevates investors and their financial status.

    • @VictoriaP960
      @VictoriaP960 Рік тому

      I will advise you to seek the help of a professional because it’s really hard to create a strong professional portfolio. This will help you to achieve your goals and long term financial objectives

    • @JanetLopez-mf3bq
      @JanetLopez-mf3bq Рік тому

      Living with fear really stops us from taking risks,definitely if you don’t go all out you’ll never get out of any financial situation.

    • @JanetLopez-mf3bq
      @JanetLopez-mf3bq Рік тому

      Well you need someone with the knowledge and skills,someone that can manage your account and trade on your behalf.try expert Emily Jason

    • @JanetLopez-mf3bq
      @JanetLopez-mf3bq Рік тому

      Expert Emily Jason is really the best person to contact and ask for help in trading without fear of making losses than trading yourself or lossing funds to scammers.

  • @danhall5761
    @danhall5761 4 роки тому

    Why do you get charged fees in the USA?

    • @aguyandhiscomputer
      @aguyandhiscomputer 4 роки тому

      For what? You need to be very specific.

    • @harrychufan
      @harrychufan 4 роки тому

      They just take it out of your holdings every day, it’s so little you won’t notice it on a daily basis, but compounded if the fees are large it adds up quickly.

  • @rectangularrectangle1406
    @rectangularrectangle1406 2 роки тому +3

    Can someone link me to a video or something that teaches me how to get started in investing in stock mutual funds from the very start. Im completely new to this and need to know how to start