People are facing a tough retirement. and it's even harder for workers to save due to low-paying jobs, inflation, and high rents. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire in.
Retirement is now more difficult than it was in the past. it's all about balancing your risk tolerance with your long-term goals. Maybe consider speaking to an advisor to help in diversifying your portfolio to spread out the risk
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 $7m retirement goal after subsequent investments to date
Thanks for sharing your experience! I've been managing my portfolio myself, but it's not working out. Do you have any recommendations for a good investment advisor? I could really use some help
My CFA, Joseph Nick Cahill, 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.
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
I sometimes use my ETFs to buy dividend and growth stocks for diversification instead of reinvesting in the same place. To each their own methods though. The good thing is that you’re investing in the first place and that’s what’s important. Salute for the content!
The current market might create short-term opportunities to maximize profit, but in order to execute such strategy , you must be a skilled practitioner
Or better yet, have one.. For several years, I've been in touch with a coach, mostly because I lack the depth of understanding and mental toughness to deal with the ongoing market conditions. You lack the information necessary to succeed in a competitive market, not because you're doing anything wrong, but rather because of your lack of experience.
I am awfully late in investing at 45 with just about 180,000 in savings. I have never invested before and worried about missing out on current market. I want to make smart choices for my future. Can I still retire with $1 million by 50 if I begin investing aggressively?
Nothing beats expertise! Over 50 years of data reveals that folks who work with FA earn more than those who do it alone. I've been fortunate enough to utilize an advisor since 2020 pandemic, resulting to a 7 figure portfolio after 100s of thousands invested so far.
wish to know more about stock investing, think your advisor can be of help? I have just received a good sum of money after my divorce and would love to make meaningful use other than spendings
I've stuck with the popular ''Karen Lynne Chess'' for more than four years now, and her performance has been consistently impressive. To be honest, if it wasn't for the pandemic, I wouldn't have supplemented my stream of income, but so glad I did.
glad to have stumbled upon this, curiously inputted Karen Lynne Chess on the web, easily spotted her consulting page and was able to schedule a call session. Ive seen commentary about advisers but not this phenomenal
like investing in close-end funds that pay monthly dividends. The trick is to hold long term and reinvest the monthly dividends plus buy more shares on a monthly basis or when ever you can afford to. This can be easily done because close-end funds are bought and sold on the stock market just like regular stock. That’d be enough to create a portfolio that would pay you between $50k to $70k in dividend income
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
I completely agree; I am 60 years old, recently retired, and have approximately $1,250,000 in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, having a portfolio-advisor for investing is genius!
As a new investor it's always great to hear from a person who has gone through all the difficult times and come ahead of it. What are some strategies i can employ to be successful?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Rebecca Nassar Dunne” and her performance has been consistently impressive. She’s quite known in her field, look-her up.
I'm new to cryptocurrency and don't understand how it really works. how Can someone know the right approach to investing and making good profits from cryptocurrency investments?
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Alex Gomez. A widely known crypto consultant
I started working with Alex Gomez back in June, and my financial goals have never been clearer. It’s like having a strategic partner for my money with a solid track record.
I have 35% of my capital investments in an IRA, 25% in index funds, and the balance spread across other investment accts totalling over $250k. I took a big hit in Q4, 2023. Right now i am just looking for ways to recover
There are a lot of strategies to make tongue-wetting profit especially in this current market, but such sophisticated trades can only be carried out by proper market experts
you need a certified financial planner straight up! personally, I invest in ETF's and also love investing in individual stocks. yes it’s riskier but am comfortable in my financial environment
You're right, I and a few Neighbors in Bel Air Area work with an advisor who prefers we DCA across other prospective sectors. Instead of a lump sum purchase, Following this, my portfolio grew 40% in the last quarter.
I enjoy investing in closed-end funds that offer monthly dividends. The key strategy is to hold these investments long-term while reinvesting the monthly dividends and purchasing additional shares whenever possible. This approach is convenient because closed-end funds are traded on the stock market like regular stocks. Following this strategy could build a portfolio that generates between $50,000 to $70,000 in dividend income.
I agree 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.
You're right! I diversified my $400K portfolio across various markets with the help of my financial advisor, and I've been able to generate over $1.2 million in net profit from high dividend yield stocks, ETFs, and bonds during this downturn.
My CFA ‘Grace Adams Cook’ , 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.
It's amazing how history keeps repeating itself, and the urgency to prepare is definitely real! Investing can be the best decision of your financial life. I started my journey in 2021, and it’s been the best choice I've made for my finances.
No matter how long you wait, opportunities will arise in the market. Invest for the long term, and avoid being too greedy or too fearful. Making informed decisions is crucial; relying on luck isn’t enough, so partnering with an advisor is essential.
I have $100,000 set aside to invest, but I feel overwhelmed and unsure about which sectors-such as energy, defense, or financials-might perform best. I'm concerned about picking the right stocks for growth.
A diversified approach might help reduce risk. Consider broad ETFs or index funds for sector exposure without having to pick individual stocks. A financial advisor could also provide guidance.
My financial advisor helped me invest my $80,000 strategically across sectors, focusing on growth without overwhelming risk. In just 18 months, my portfolio grew to $135,000. Their expertise in selecting balanced investments has made all the difference in reaching my financial goals confidently.
Of course! My advisor’s name is *Jennifer Leigh Hickman* . Just search her name online-Hickman has been instrumental in helping me create a solid, long-term investment strategy.
I have two pensions. I would much rather have had a Roth 401k throughout my working lifetime. $500/month invested from 25 - 65 at 9% is $2.3mil. I have $100k that i like to invest in a non-retirement account, Where would you invest this as of now?
I would avoid the index funds or specific stocks cos 5% fixed incomes are the safest bet for now. Save your cash for when the market actually shows signs of recovery or better still consult with a market expert for guidance.
I think you're better off with majority investment in S&P500 and uprising equities cos they always outperform. Also speaking with an advisor can help with pointers. I've been in contact with one I reached through commentaries here, she has been really helpful.
I'm cautious about giving specific recommendations since this is an online forum and everyone situation is unique, but I've worked with "Melissa Elise Robinson" for years and highly recommend her. Look her up to see if she meets your criteria.
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.
@@user-nn4er5wn5h Pick everything. ie, a total market fund, or total world fund... probably do better than most. Just find the cheapest one and go with that.
@@healthyconnects6124 Mutual funds …ETFS… and there are other things.. I would suggest ETFS or Mutual Funds. Plus your work retirement. Be happy to help if you like.
Your videos have been truly impressive! As one of your regular viewers, I've been following your content closely for a while now. I'm very interested in making an investment, but I’m still having trouble identifying the right opportunity to fully commit to. I would greatly appreciate any guidance or suggestions you might have in this area.
I usually go with registered representative; Zachery M Demers, He provides a more grounded approach, looking at factors like market demand, regulatory changes, and adoption trends. This approach enable to make informed decisions rather than solely relying on emotional market dynamics
After I raised up to 325k trading with her I bought a new House and a car here in the states also paid for my son's surgery (Oscar). Glory to God.shalom..
My portfolio for the past 30 years has always been self managed and I own 3 shares of Berkshire Hathaway Class A stock (BRK:A) which I bought in at about $17,000 during the mid 90s, I’m currently liquidating some of these positions to incoporate new Gen. Stocks, but am I better off re-investing into Gold as it seems stocks are a little too unstable right now.
Not a great July so far but if you step back and actually look you will see the S&P 500 was up for the first Quarter. In the last 30 days, my IRA saw a gain of $70k. You might also consider financial advisory looking at your capital.
Investing Is more than reading quarterly reports. I believe there are people who do this for a living, and I just delegate the task to these professionals. That's how I make money from the market to be honest.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Kathleen Cheryl Constantz’’ for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
🗣️📣 Hi Brother 🤗, What's The Ticket Symbol Of YOUR 4-Types Of Mutual Funds & INDEX Funds That You HAVE {NAMES PLEASE???} ⁉️❓ ❓ PLEASE Post The Ticket Symbol's Of Each One⁉️ Thanks 🙏🏼GOD-BLESS-US-ALL🙏🏼 🙏🏻🙏🏽🙏🏾🙏🏿🙏 {{Growth, Growth & Income, Aggressive Growth, International, with a TEN+ Year's Track Record}}
Amazing video, I'm thirty-two years old and have saved little over $50,000. Right now, it's 4.3 APR on a High Yields Savings account. I have dabbled in stocks a little bit in the past, but I have never really "invested." If you were me at my age, with the amount of money I have, and the state of the market at the moment, what would you do? How would you respond? Would it be a terrible idea for me to take it out and invest in Microsoft/Apple or perhaps an ETF like SPY/VOO? I'm watching UA-cam vids on any assistance they may provide.
Earmarking a percentage of your cash on hand into a publicly traded company with a open Regulation A Fundraising round can provide more leverage for the capital that you currently have just parked in a savings account
Don't be in a hurry to get back in. The market needs several days of strong performance to signal that the downturn might be over; It's a time to be largely, if not entirely, in cash
The market has hit all time highs what are you talking? most of the cash in equity portfolios that used to be sitting on the sidelines is now back in the market, leaving little additional sideline cash available to invest and push prices much higher in coming months. So observe or work with a remarkable and verifiable planner.
The decision on when to pick an Adviser is a very personal one. I take guidance from ‘Monica Mary Strigle‘ to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.
The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner.
I am tired at this point. my retirement contributions haven't improved my 401k, Despite reducing my UA-cam watching and increasing research. Should I consider investing in popular index funds through a brokerage account as a potentially better option to boost my retirement savings and outperform my current strategy?
My suggestion to any investor old or new is to get a mentor and don’t just go buying stocks without proper considerations. Most of what is pumped out by the media is what most UA-cam ‘fin-entertainers’ churn out to you as fear uncertainty and doubt.
Agreed. That and reading some basic principles laid out in books like The Intelligent Investor by Benjamin Graham. There are also good UA-camrs out there like Felix, Graham Stephan, Humphrey Yang and a few others, but generally you are right.
Its unclear which stocks and sectors will lead the market in the next uptrend. Stay away from the stock market if you do not have guidance from a plannner and investment strategist. My finances have been in order since I got a wealth planner like Monica with a 600 B AUM working for me.
You mentioned Monica - who is she? I've been searching for a financial advisor who can provide guidance on the economic outlook, but I don't have access to professionals in my area since I don’t live in a big city.
My CFA monica mary strigle , 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.
And what if by the time you’re retiring and want to pull the money out your accumulated funds are trapped in a bear market? A market which will not rally for another 10 years say? Then you’re screwed and will have to pull the money out early losing potentially all market gains and more. It’s just bad luck in that case
@@jakemorj5498 If that is the scenario they didn't balance between stocks, bonds and mutual funds. Diversification is the ONLY way to weather that situation.
There is a 4 % rule if your invested amount become x time and you are getting avaerage returns lets say 14-15% index funds give this then 4% withdraw every year 7 % inflation year on year Then also your x amount remain same as well as 4 % appreciation on that x amount also.
If I had $360k I would invest $100k in tech & $260k into dividend stock with a proven track record to grow with capital appreciation & dividend increase year over year
Adding JEPI and JEPQ are smart additions in my opinion. As for staying committed to higher-risk investments, it's all about balancing your risk tolerance with your long-term goals.
Exactly, a good number of people discredit the effectiveness of financial advisor, but over the past 10years, I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains… might not be a lot but i'm financially secure and that's fine by me.
“Sonya Lee Mitchell” is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
As I ponder investing the proceeds from my recent Portland home sale into stocks, I'm torn between seizing the opportunity and timing the market. While I recognize it's a great time to buy, I'm uncertain if it's the perfect moment for me. My mind is also boggled by the impressive gains others in the same market have made - over $450,000 in mere months! I'm left wondering when I'll fully recoup my investment and whether I'm making the right move?
During a recession, investors must understand where and how to distribute capital in order to hedge against downturns while being profitable. If you are unable to navigate the market, speak with an expert advisor.
How can I participate in this? I sincerely aspire to establish a secure financlal future and i'm eager to participate. Who is the driving force behind your success?
@@calvinlewis-h2-mine is my beautiful fiance whose a gold expert @ Morgan Stanley world headquarters in NY. She can make 7k in under 30 seconds.... what's NOT to love?
The stock market is more volatile than ever. recently went "all in" and bought up $80k worth of ETF's & individual stocks, my aim is to take advantage of this S&P 500 downtrend, what could be accurate predictions moving forward? Open to chat.
There are tools that allow investors to invest in companies before they hit the stock market, multiplying those potential gains that otherwise wouldn’t be available after the initial public offering. That’s what I am up to, steer clear from the equities and bond market, my humble opinion.
I agree, I have used the same money manager for close to 4yrs who have been involved in launching IPOs. We got in fairly early with a modest amount of money. Then it mushroomed like an atomic bomb. We had over 4 m dollars after GME profits in 2020/2021.
Definitely private investing is the way to go. Our government keeps lying. I’d like to earn like that is it a private equity fund or mutual funds investing?
I know nothing about investing. Could you possibly explain what investing in mutual funds, growth, growth and income, aggressive growth, and international are, and why they are good to invest in?
I recommend looking up this stuff yourself on Google (Investopedia is one example resource), but here you go: Mutual funds are groups of investments (can be stocks, bonds, cash accounts, or a mixture) that you can invest in through taxable and tax-advantaged brokerage accounts. They allow you to easily invest into a bunch of different things without having to pick them all one-by-one. They classify these funds based on the types of things they invest in. Growth funds try to focus on things that will go up in price (so you can sell it later for a larger profit). Income funds invest in things that pay you directly, like through dividends, but they may not go up in price as much as things in a growth fund. Aggressive growth focuses on on more "risky" investments like stocks instead of less risky investments like bonds. International funds invest in non-US companies.
With that set of funds, Dave is investing in mid-cap, small-cap and international stocks and avoiding large-cap stocks. So he is trying to focus on up and coming companies who can experience explosive growth. It is really hard for a large cap stock to do something really innovative. They are experts in their sector, but they are not agile. So they dominate and churn out predictable results. A growth and income fund is a well-established mid-cap stock that is paying a dividend. At the mid-cap and especially small-cap level, companies don't pay a lot of dividends, because they need that money to put toward growing their business. You can do research at Fidelity or Vanguard and find funds that they offer in those categories. Vanguard is especially famous for having the lowest management fees, especially for their passively managed funds (a computer program is analyzing and picking the stocks instead of a human). But you can also buy the equivalent as an Exchange Traded Fund (ETF). They own a set o stocks, like a mutual fund, but are traded and sold like stocks. Examples: VTI is the same as Vanguard's Total Stock Market fund. VOO is the same as their fund that mimics the S&P500. VO is their mid-cap offering . VB is their small-cap offering.
Thank you for recommending Sarah Jennine Davis on one of your videos. I reached out to her and investing with her has been amazing I paid off my $529k 2.125% 15 years loan in 8 months. Now totally debt free with 2 paid off rentals. Love having no debt for the last 5 months. Thank you SARAH JENNINE DAVIS
I'm curious, what are some of the key factors that you consider when making investment decisions? Do you have any tips for those of us who are just starting to dip our toes into the world of investing?
Don't be confuse buying the dip in a bear market, with guaranteed future returns. Just because that company is down 60% + from ATH does NOT make it a sound long-term investment. Make sure you're investing in great companies. kudos to SARAH JENNINE DAVIS
It would be helpful if Dave made a list of funds that fall into those particular categories for some of the major investment companies (fidelity, vanguard, schwab, capital group, etc). Not as a recommendation, but just as an fyi because they aren’t listed as growth, growth and income, international on those websites. Probably could figure out which category they are for some funds, but some funds are harder to figure.
My dad told us about an aunt and uncle who did nothing with their investments when the stock market crashed in 1929. They ended up so well off that the aunt didn't mind when their grandchildren were tracking mud on one of their hand-knotted Persian rugs. She said I can replace the rug but not the grandchildren!
same. my wife invested in the basics and money markets and during covid when people were down like 30% or more she came out only 2% positive. but thats a big win. no losses
I converted my 401k to a Roth IRA to avoid higher taxes in the future. I'd rather pay taxes now than be stuck paying taxes on my retirement income when I'm 59 and living off my savings.
I love mutual funds and they are the main investment I use. I use NTF mutual funds. I do own stock in a couple companies, but that is a small piece of my investment portfolio. I keep adding to my investments when I can
Dollar cost averaging, is buying every payday, setting it up automatically. Growth, aggressive growth, income, and international. Another way to say that is: Large cap index , small cap index, large cap blend index, and international index.
This is great advice. One of the old adages that has lost people a ton of money is “buy low, sell high”. This creates behaviour where you are looking for drops to enter and selling during periods of high momentum. Invest when you can as quick as you can that’s the answer. I don’t like mutual funds as a vehicle because I don’t think they add value for their MER. I think the SP500 is all you really need for diversification on the equity side. For fixed income you could certainly use actively managed ETFs to achieve whatever it is you’re looking for. But at the end of the day consistency is the most important lesson.
Regarding used vehicles…my Dad bought a 2006 Toyota Highlander Hybrid last year for $4000 and it’s been a fantastic car for him. My Mom drives it every day and he uses it for delivering pizzas and all his errands. I think it had 250k miles when he bought it and it’s given him zero major issues. It has a few quirks but that’s it. The key is, to buy a used car that is well made. Don’t buy a 2006 Ford Focus because it WILL be a piece of crap that won’t last.
Why tf are you talking about this here??? This is about investing your money into stocks. Not a damn vehicle 😂😂😂 wtf is going on in your head my guy or gal or whatever other letter you wanna be called by
Most of his real estate was bought after 2008. After years of living debt free. Good for him. He was smart to be in that position when the market crashed
80% equities 20% cash. I plan to take advantage of the s&p 500 as leading indicators predict above 10% rise by this year, my only issue is how to properly allocate a large stock/bond portfolio for substantial gains at minimum risk.
I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $850,000 with the help of my advisor from an initial $150,000 investment.
My advisor is a lady and goes by the name Melissa Jean Talingda I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
I have an $560,000 portfolio from my old job and retired six years ago. Lately, it’s been doing poorly, with only 6% growth in the past three years and I feel stuck. I desperately need to revamp my investments. Any advice on what to do with my money would be greatly appreciated.
Same old advice. Check what funds you are invested in. Make sure it's stocks & shares. Not bonds & cash. There was a large increase in the markets at the start of this year. Mine went up just over 10% in a few months.
This is what people that handle their portfolio themselves go through. I will advice you get yourself some professional advisor to help you make better portfolio decisions.
I agree. Working with an advisor has set me up for life, with about $1.6 million currently in my stock portfolio. I max out my 401k and own a few properties. After 32 years as a language tutor with an annual salary just over $80k, I’ve learned that consistent, regular investing is key to minimizing risks and maximizing growth.
I'm cautious about giving specific recommendations since everyone's situation varies, but I've worked with "Melissa Elise Robinson" for years and highly recommend her. See if she meets your criteria.
These are fund types he mentioned, not specific fund names. Also, it's important to consider how much to invest in each type, based on your age and risk tolerance. Hope this helps!
In all the videos I've watched, he has only mentioned a couple. You have to do your own research. Or buy VOO and be done with it. It doesn't follow Dave's plan, but it buys you the S&P500, which is essentially the market. If the market is up, you are up, if the market is down, you are down. International funds have done terrible for about a decade, I see no reason to buy them. You can't trust anything in China, ALL their financial data is made up, so I don't even bother. Google growth, aggressive growth, growth and income and international mutual funds. Learn about it yourself.
A good way to think about it is this: "War bonds are great because either they pay out or you won't need money anymore". Unless society collapses you'll make more than you put in.
... Ive been listening to your show , and although there aresome marked diffwrences in our economy to the US, many principles can be definitely be applied and arr useful , such as Keeping a budget, not overspending more than one makes a month, not eating out , paying in cash etc. Very interesting , has helped me control my expenses in this particular crisis moment in Argentina that prices have gone way above people' s income, and our purchasing power is gone.
@@damondiehl5637 mutual funds have a high expense ratio so if a fund is getting 15% average returns after your done paying the cost of having it managed its usually the same return as a 10-12% average return index lol
is it really worth investing in stocks in 2024, I’ve been on the sidelines watching the market for awhile and it seems to be pretty stagnant to me not that it matters because I’m in it for the long run, but how can one generate actual profit in this current market?
Partnering with a financial advisor has transformed my approach to investing. Their expertise and personalized guidance have not only helped me navigate complex financial markets but also optimized my portfolio to achieve my long-term goals efficiently.
Your advisor seems competent. Could you share how I can reach out to them? I've recently sold some property and am interested in investing in stocks, and I'm seeking guidance.
Rental properties can provide a steady cash flow. The average return on investment (ROI) for real estate is higher than many other asset classes, often yielding 8-12% annually.
Vanguard has seven ETFs with performance records of 12-16% for more than 10 years. That's a pretty simple way to get stellar returns and not have to worry about the government telling you you can't evict tenants for not paying the rent, and dealing with finding new tenants and fixing you units after tenants trash them, and fires, floods, hurricanes, tornadoes, etc.
Anyone can say what our good friend Dave just said. It’s meaningless information because he doesn’t suggest what funds, and more importantly what the load is. Like always, Dave is about Dave.
Anyone who talks honestly about the stockmarket always says do your own research. Dave told you the 4 mutual funds to look at and how long they were open. So your job is to research the funds YOU want in those categories and criteria. He'd be there for a while telling us what he does but if something fails he doesn't want responsibility of your actions. He was be generous. He didn't have to tell us how he made his money investing.
If you don't wanna think, you can just invest in the all in one ETFs that became popular recently. Not all are 10 years old but they usually hold other ETFs that are older. You won't need to care about growth, growth and income, aggressive growth or international. It includes everything. You only need to select equity vs bonds ratio.
The part about contributing as much as you can is the most important thing he said. And this is why you can disagree with his investment strategies all you want, but at least he’s preaching to contribute the max
I have mutual funds thru work. They are crap. High handling fees and low return so you make like two percent. Buy the s and p and forget the rest. 10 percent returns over 20 years and low cost
@@gabeeskridge8291 Look it up. There are quite a few resources that compare the two. I haven't looked it up recently, but the main reason I prefer ETFs is that you can buy/sell them quicker.
Question: I’m 22 and I’m trying to max out my work Roth 401k for a few years to set myself up done the road. Coming to the end of the first year now. Originally I was 100% invested in a 2060 target date fund then switched to one of the bigger s&p 500(Schwab I think). Was that a good choice?
You are fine, just be aware that you are only investing in the top 500 companies, and missing out on possible opportunities with mid-cap and small-cap companies. Your 401k might not have offerings for them. Maybe set aside some money for an IRA, too, dedicated to getting mid-cap and small-cap exposure.
Though dividend-paying stocks don’t offer dramatic price appreciation, they can provide a consistent income stream. Renewed buying strength in markets in September and October. I want to invest more than $100k, but I'm not sure on how to mitigate risk
@@cesar-yj5dc Why have a CD when you can stash your money in a fintech HYSA that earns you more in interest than said CD, and the upside is you get to withdraw your money whenever you like. I use wealthfront for that & have been using it for 13 months now, and I'm very pleased
I know more than one person who got scared when there was a downturn, took their money out, and weren’t present for the recovery. I call that “ disinvesting “.
I like ETFs, because the fees are lower than mutual funds. These fees compound over time. I can buy VTI which tracks the total US market and I can buy VOO and track the Fortune 500 companies and be diversified. With Low fees and good growth over time that also pays qualified dividends that I can reinvest
Remember, you don't invest money you absolutely need. And you will not get wealthy in your lifetime doing this, unless you have a high source of income.
I was thinking this! Recently read a blog that said “invest $500 a month for roughly 35 years to have million dollars. Can’t get rich fast” Yeah that sounds amazing! However, a lot of us don’t have extra $500 laying around. Even if we do manage to set $500 aside, I personally would want to have in in arms reach for anything! Not in an account where I can’t take it out without paying a fee..
🤣🤣🤣 After reading your comment, I had to pause and check his beard, mustache and side burns. But it’s on his head! 🤣🤣🤣 The 🩹 almost blended with his skin tone! 😅
If i call in will you tell me which funds to invest in? My dad died broke, and i don’t want to repeat his mistakes. I want to leave my family something that wasn’t left for me…
Back when gold was inexpensive to buy in the 70s and 80s was a great investment, Now Silver is on the rise. Hoping for a good return on my investment somday.
I feel investors should be focusing on under the radar stocks, and considering the current rollercoaster nature of the stock market, because 35% of my $175k portfolio comprises of plummeting stocks which were once revered and I don't know where to go here out of devastation.
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert
Gregory Leo Cattel success can be attributed to his unwavering dedication to setting realistic goals, expertly navigating clients through complex financial landscapes while avoiding the pitfalls of unrealistic expectations.>
When the Internet first launched, you had all these newspapers saying that the Internet was only used by bad people, to do bad things and what was the point of it. But then Internet changed everything, just like Bitcoin will in the future..
Nah, I will argue otherwise. My aunt has been scammed from probably these same people she lost her whole life savings! I lost $255k on May 28th 2022, thoughts and prayers. I needed the help of a someone with pro knowledge to recover a reasonable share of my funds. Such a shame to see that no one is out here trying to make a difference and awareness to all this
Sorry for your ordeal! how can I get your advisor please, if you dont mind me asking? I could really use this heads up as of now after what I have been through.
The professionalism and discretion of Jason Blake Hunt team are commendable. They deliver results without compromising ethics, ensuring your data remains secure.
Wow..after all this time, crypto recovery becomes a reality. I personally have a lot of faith in this dudes and I think it'll be successful.thanks for sharing.
Ramsey has Endorsed Local Providers (ELPs) who can help. Fidelity and Vanguard and others like that also have people who can help. All you really need to do is go to Vanguard or Fidelity or Schwab or ETrade, etc. and open an account. Create a Traditional or Roth IRA. Link the account to your bank account, so you can transfer money back and forth. Then decide which mutual funds or ETFs or sticks you want to invest in. Mutual funds are offered by places like Vanguard and Fidelity. Sometimes you have to invest at least a minimum amount and they may charge a load fee or an annual maintenance fee. They all vary a lot. There is a lot of information on their websites. Look at their products and what it takes to invest. An ETF is like a mutual fund, but can be bought and sold like a stock. Investing can seem complicated, at first, and you can make it complicated, but it is really not that hard. Maybe just open a regular account, and buy and sell small amounts of a few stocks, just to see what it is like. Invest the minimum amount in one of Vanguard or Fidelity's low-fee mutual funds, and let it sit through a couple quarters to see how dividends are applied.
Because his business throws off so much money he constantly has to invest. There’s nothing genius about the investment-it’s lazy investing. The genius is the business that prints cash.
People are facing a tough retirement. and it's even harder for workers to save due to low-paying jobs, inflation, and high rents. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire in.
Retirement is now more difficult than it was in the past. it's all about balancing your risk tolerance with your long-term goals. Maybe consider speaking to an advisor to help in diversifying your portfolio to spread out the risk
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 $7m retirement goal after subsequent investments to date
Thanks for sharing your experience! I've been managing my portfolio myself, but it's not working out. Do you have any recommendations for a good investment advisor? I could really use some help
My CFA, Joseph Nick Cahill, 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.
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
I sometimes use my ETFs to buy dividend and growth stocks for diversification instead of reinvesting in the same place. To each their own methods though. The good thing is that you’re investing in the first place and that’s what’s important. Salute for the content!
The current market might create short-term opportunities to maximize profit, but in order to execute such strategy , you must be a skilled practitioner
Or better yet, have one.. For several years, I've been in touch with a coach, mostly because I lack the depth of understanding and mental toughness to deal with the ongoing market conditions. You lack the information necessary to succeed in a competitive market, not because you're doing anything wrong, but rather because of your lack of experience.
That does make a lot of sense, I'd love to sit back and have someone who has the Market figured out guide my decisions. Who is this consultant?
Diana Casteel Lynch is the CFA I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I searched and found her page, emailed and made an appointment to talk with her. Hopefully, she gets back to me.
I am awfully late in investing at 45 with just about 180,000 in savings. I have never invested before and worried about missing out on current market. I want to make smart choices for my future. Can I still retire with $1 million by 50 if I begin investing aggressively?
Yes, you can. ''expert solutions require expert providers" - my mantra
Nothing beats expertise! Over 50 years of data reveals that folks who work with FA earn more than those who do it alone. I've been fortunate enough to utilize an advisor since 2020 pandemic, resulting to a 7 figure portfolio after 100s of thousands invested so far.
wish to know more about stock investing, think your advisor can be of help? I have just received a good sum of money after my divorce and would love to make meaningful use other than spendings
I've stuck with the popular ''Karen Lynne Chess'' for more than four years now, and her performance has been consistently impressive. To be honest, if it wasn't for the pandemic, I wouldn't have supplemented my stream of income, but so glad I did.
glad to have stumbled upon this, curiously inputted Karen Lynne Chess on the web, easily spotted her consulting page and was able to schedule a call session. Ive seen commentary about advisers but not this phenomenal
like investing in close-end funds that pay monthly dividends. The trick is to hold long term and reinvest the monthly dividends plus buy more shares on a monthly basis or when ever you can afford to. This can be easily done because close-end funds are bought and sold on the stock market just like regular stock. That’d be enough to create a portfolio that would pay you between $50k to $70k in dividend income
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
I completely agree; I am 60 years old, recently retired, and have approximately $1,250,000 in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, having a portfolio-advisor for investing is genius!
As a new investor it's always great to hear from a person who has gone through all the difficult times and come ahead of it. What are some strategies i can employ to be successful?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Rebecca Nassar Dunne” and her performance has been consistently impressive. She’s quite known in her field, look-her up.
I looked her up, and I have sent her an email. I hope she gets back to me soon. Thank you
Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 17k in last month 2024.
I'm new to cryptocurrency and don't understand how it really works. how Can someone know the right approach to investing and making good profits from cryptocurrency investments?
As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Alex Gomez. A widely known crypto consultant
I'm surprised that this name is being mentioned here, I stumbled upon one of his clients testimonies on CNBC news last week...
I started working with Alex Gomez back in June, and my financial goals have never been clearer. It’s like having a strategic partner for my money with a solid track record.
I have 35% of my capital investments in an IRA, 25% in index funds, and the balance spread across other investment accts totalling over $250k. I took a big hit in Q4, 2023. Right now i am just looking for ways to recover
There are a lot of strategies to make tongue-wetting profit especially in this current market, but such sophisticated trades can only be carried out by proper market experts
50% stock, 20% Bitcoin, 20% high yield CD/ bonds, 10% cash/ fully liquid stable asset
I would avoid index funds, mutual funds, and specific stocks for the time being. Right now, the best option is a fixed income of 5%.
you need a certified financial planner straight up! personally, I invest in ETF's and also love investing in individual stocks. yes it’s riskier but am comfortable in my financial environment
You're right, I and a few Neighbors in Bel Air Area work with an advisor who prefers we DCA across other prospective sectors. Instead of a lump sum purchase, Following this, my portfolio grew 40% in the last quarter.
I enjoy investing in closed-end funds that offer monthly dividends. The key strategy is to hold these investments long-term while reinvesting the monthly dividends and purchasing additional shares whenever possible. This approach is convenient because closed-end funds are traded on the stock market like regular stocks. Following this strategy could build a portfolio that generates between $50,000 to $70,000 in dividend income.
I agree 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.
You're right! I diversified my $400K portfolio across various markets with the help of my financial advisor, and I've been able to generate over $1.2 million in net profit from high dividend yield stocks, ETFs, and bonds during this downturn.
That's quite impressive! Can you share more information about your financial advisor?
My CFA ‘Grace Adams Cook’ , 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.
Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals and scheduled a call.
Dave’s looking like the last air bender
😂
Need blue
Man’s got a bandaid on his head
ayo I'm dying
I was thinking Yondu from Guardians of the Galaxy.
It's amazing how history keeps repeating itself, and the urgency to prepare is definitely real! Investing can be the best decision of your financial life. I started my journey in 2021, and it’s been the best choice I've made for my finances.
What's the best way to begin, and how long until it starts yielding profits?
No matter how long you wait, opportunities will arise in the market. Invest for the long term, and avoid being too greedy or too fearful. Making informed decisions is crucial; relying on luck isn’t enough, so partnering with an advisor is essential.
I hope you don’t mind suggesting your advisor, as you mentioned before
Olivia Charlotte Oswald
She's an amazing professional I’ve had the pleasure of engaging with. You can look her up
I have $100,000 set aside to invest, but I feel overwhelmed and unsure about which sectors-such as energy, defense, or financials-might perform best. I'm concerned about picking the right stocks for growth.
A diversified approach might help reduce risk. Consider broad ETFs or index funds for sector exposure without having to pick individual stocks. A financial advisor could also provide guidance.
My financial advisor helped me invest my $80,000 strategically across sectors, focusing on growth without overwhelming risk. In just 18 months, my portfolio grew to $135,000. Their expertise in selecting balanced investments has made all the difference in reaching my financial goals confidently.
That sounds incredible! Could you let me know how I can get in touch with your advisor? I’d love to see if they could help me achieve similar results.
Of course! My advisor’s name is *Jennifer Leigh Hickman* . Just search her name online-Hickman has been instrumental in helping me create a solid, long-term investment strategy.
Yeah, she is Jennifer Leigh Hickman , look her up. Anyone is free to contact her.
I have two pensions. I would much rather have had a Roth 401k throughout my working lifetime. $500/month invested from 25 - 65 at 9% is $2.3mil. I have $100k that i like to invest in a non-retirement account, Where would you invest this as of now?
I would avoid the index funds or specific stocks cos 5% fixed incomes are the safest bet for now. Save your cash for when the market actually shows signs of recovery or better still consult with a market expert for guidance.
I think you're better off with majority investment in S&P500 and uprising equities cos they always outperform. Also speaking with an advisor can help with pointers. I've been in contact with one I reached through commentaries here, she has been really helpful.
Hello, thanks for replying. I'm thinking of trying out an advisor, how can one reach a decent advisor like the one you use?
I'm cautious about giving specific recommendations since this is an online forum and everyone situation is unique, but I've worked with "Melissa Elise Robinson" for years and highly recommend her. Look her up to see if she meets your criteria.
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.
May I suggest something… START !!! And DONT stop!!! Pick good funds to invest in and stay consistent. Another word for this is call Discipline!
And start early in life!
Picking is the issue
@@user-nn4er5wn5h Pick everything.
ie, a total market fund, or total world fund... probably do better than most.
Just find the cheapest one and go with that.
Where to invest?
@@healthyconnects6124
Mutual funds …ETFS… and there are other things.. I would suggest ETFS or Mutual Funds. Plus your work retirement. Be happy to help if you like.
Your videos have been truly impressive! As one of your regular viewers, I've been following your content closely for a while now. I'm very interested in making an investment, but I’m still having trouble identifying the right opportunity to fully commit to. I would greatly appreciate any guidance or suggestions you might have in this area.
I usually go with registered representative; Zachery M Demers, He provides a more grounded approach, looking at factors like market demand, regulatory changes, and adoption trends. This approach enable to make informed decisions rather than solely relying on emotional market dynamics
he's mostly on Telegrams, using the user name.
@Zachfinance
thats it
After I raised up to 325k trading with her I bought a new House and a car here in the states also paid for my son's surgery (Oscar). Glory to God.shalom..
Spot on. The market presents different. opportunities to create passive Income, with the right mentor and proper understanding you're good to go.
My portfolio for the past 30 years has always been self managed and I own 3 shares of Berkshire Hathaway Class A stock (BRK:A) which I bought in at about $17,000 during the mid 90s, I’m currently liquidating some of these positions to incoporate new Gen. Stocks, but am I better off re-investing into Gold as it seems stocks are a little too unstable right now.
Not a great July so far but if you step back and actually look you will see the S&P 500 was up for the first Quarter. In the last 30 days, my IRA saw a gain of $70k. You might also consider financial advisory looking at your capital.
Investing Is more than reading quarterly reports. I believe there are people who do this for a living, and I just delegate the task to these professionals. That's how I make money from the market to be honest.
I've been getting suggestions to use one, but where and how to find one has been challenging, Can i reach out to the one you use?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Kathleen Cheryl Constantz’’ for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
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.
100% index funds
Yep but that's not what Dave does.
🗣️📣 Hi Brother 🤗, What's The Ticket Symbol Of YOUR 4-Types Of Mutual Funds & INDEX Funds That You HAVE {NAMES PLEASE???} ⁉️❓ ❓
PLEASE Post The Ticket Symbol's Of Each One⁉️
Thanks 🙏🏼GOD-BLESS-US-ALL🙏🏼 🙏🏻🙏🏽🙏🏾🙏🏿🙏
{{Growth, Growth & Income, Aggressive Growth, International, with a TEN+ Year's Track Record}}
@@thud9797index? I am new to this? What does that mean
Keep investing keep investing keep investing 🔥🔥 major 🔑
Amazing video, I'm thirty-two years old and have saved little over $50,000. Right now, it's 4.3 APR on a High Yields Savings account. I have dabbled in stocks a little bit in the past, but I have never really "invested." If you were me at my age, with the amount of money I have, and the state of the market at the moment, what would you do? How would you respond? Would it be a terrible idea for me to take it out and invest in Microsoft/Apple or perhaps an ETF like SPY/VOO? I'm watching UA-cam vids on any assistance they may provide.
Earmarking a percentage of your cash on hand into a publicly traded company with a open Regulation A Fundraising round can provide more leverage for the capital that you currently have just parked in a savings account
Don't be in a hurry to get back in. The market needs several days of strong performance to signal that the downturn might be over; It's a time to be largely, if not entirely, in cash
The market has hit all time highs what are you talking? most of the cash in equity portfolios that used to be sitting on the sidelines is now back in the market, leaving little additional sideline cash available to invest and push prices much higher in coming months. So observe or work with a remarkable and verifiable planner.
The decision on when to pick an Adviser is a very personal one. I take guidance from ‘Monica Mary Strigle‘ to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.
Looks real great. Lady leaves an impression. How can I reach her directly and what are the upfront fees if I may ask?
I invest in band aids. I never stop. I never stop.
OMG 😂 😂😂 I love Dave but this comment...I can't stop listening and laughing.
I have kids, Band Aids is a solid bet. You're gonna be fine!
😂😂😂😂😂😂😂
Is that what that is!!?? I was about to say… somebody needs help with blending!! 😂🤣🤣😂😳
🤦♂️🤦♂️😅
Moving from single stocks to ETFs, tired of the circus. What are best strategies to divesify my $550K investment portfolio?
The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner.
pls how can I reach this expert, I need someone to help me manage my portfolio
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
@LynetteHusonwhat did you do do you invest or trade..
VOO. That’s it. Follow the S&P500.
I am tired at this point. my retirement contributions haven't improved my 401k, Despite reducing my UA-cam watching and increasing research. Should I consider investing in popular index funds through a brokerage account as a potentially better option to boost my retirement savings and outperform my current strategy?
My suggestion to any investor old or new is to get a mentor and don’t just go buying stocks without proper considerations. Most of what is pumped out by the media is what most UA-cam ‘fin-entertainers’ churn out to you as fear uncertainty and doubt.
Agreed. That and reading some basic principles laid out in books like The Intelligent Investor by Benjamin Graham. There are also good UA-camrs out there like Felix, Graham Stephan, Humphrey Yang and a few others, but generally you are right.
Its unclear which stocks and sectors will lead the market in the next uptrend. Stay away from the stock market if you do not have guidance from a plannner and investment strategist. My finances have been in order since I got a wealth planner like Monica with a 600 B AUM working for me.
You mentioned Monica - who is she? I've been searching for a financial advisor who can provide guidance on the economic outlook, but I don't have access to professionals in my area since I don’t live in a big city.
My CFA monica mary strigle , 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.
There is a saying: time in the market is more important than timing the market
That’s probably the truest thing I’ve ever heard 😂 unless you’re really lucky or really good at analyzing
And what if by the time you’re retiring and want to pull the money out your accumulated funds are trapped in a bear market? A market which will not rally for another 10 years say? Then you’re screwed and will have to pull the money out early losing potentially all market gains and more. It’s just bad luck in that case
@@jakemorj5498 If that is the scenario they didn't balance between stocks, bonds and mutual funds. Diversification is the ONLY way to weather that situation.
@@jakemorj5498 If you’ve been investing long enough, I assume it’s unlikely that you’d be “down” in that scenario
There is a 4 % rule if your invested amount become x time and you are getting avaerage returns lets say 14-15% index funds give this then
4% withdraw every year
7 % inflation year on year
Then also your x amount remain same as well as 4 % appreciation on that x amount also.
If I had $360k I would invest $100k in tech & $260k into dividend stock with a proven track record to grow with capital appreciation & dividend increase year over year
Adding JEPI and JEPQ are smart additions in my opinion. As for staying committed to higher-risk investments, it's all about balancing your risk tolerance with your long-term goals.
Exactly, a good number of people discredit the effectiveness of financial advisor, but over the past 10years, I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains… might not be a lot but i'm financially secure and that's fine by me.
Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch if you don't mind
“Sonya Lee Mitchell” is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thanks a lot for the recommendation. I'll send her an email and I hope I'm able to connect with her.
As I ponder investing the proceeds from my recent Portland home sale into stocks, I'm torn between seizing the opportunity and timing the market. While I recognize it's a great time to buy, I'm uncertain if it's the perfect moment for me. My mind is also boggled by the impressive gains others in the same market have made - over $450,000 in mere months! I'm left wondering when I'll fully recoup my investment and whether I'm making the right move?
During a recession, investors must understand where and how to distribute capital in order to hedge against downturns while being profitable. If you are unable to navigate the market, speak with an expert advisor.
How can I participate in this? I sincerely aspire to establish a secure financlal future and i'm eager to participate. Who is the driving force behind your success?
I just Googled her name and her website came up right away. It looks interesting so far. I sent her an email and i hope she responds soon.
It's astonishing how many people overlook the significance of having a Financial Advisor
@@calvinlewis-h2-mine is my beautiful fiance whose a gold expert @ Morgan Stanley world headquarters in NY. She can make 7k in under 30 seconds.... what's NOT to love?
The stock market is more volatile than ever. recently went "all in" and bought up $80k worth of ETF's & individual stocks, my aim is to take advantage of this S&P 500 downtrend, what could be accurate predictions moving forward? Open to chat.
There are tools that allow investors to invest in companies before they hit the stock market, multiplying those potential gains that otherwise wouldn’t be available after the initial public offering. That’s what I am up to, steer clear from the equities and bond market, my humble opinion.
I agree, I have used the same money manager for close to 4yrs who have been involved in launching IPOs. We got in fairly early with a modest amount of money. Then it mushroomed like an atomic bomb. We had over 4 m dollars after GME profits in 2020/2021.
Definitely private investing is the way to go. Our government keeps lying. I’d like to earn like that is it a private equity fund or mutual funds investing?
wow impressive, how were you able to achieve this despite the downturn?
this is incredible! how can I vet your advisr, mind sharing info, if you please?
I know nothing about investing. Could you possibly explain what investing in mutual funds, growth, growth and income, aggressive growth, and international are, and why they are good to invest in?
I recommend looking up this stuff yourself on Google (Investopedia is one example resource), but here you go:
Mutual funds are groups of investments (can be stocks, bonds, cash accounts, or a mixture) that you can invest in through taxable and tax-advantaged brokerage accounts. They allow you to easily invest into a bunch of different things without having to pick them all one-by-one. They classify these funds based on the types of things they invest in.
Growth funds try to focus on things that will go up in price (so you can sell it later for a larger profit).
Income funds invest in things that pay you directly, like through dividends, but they may not go up in price as much as things in a growth fund.
Aggressive growth focuses on on more "risky" investments like stocks instead of less risky investments like bonds.
International funds invest in non-US companies.
With that set of funds, Dave is investing in mid-cap, small-cap and international stocks and avoiding large-cap stocks. So he is trying to focus on up and coming companies who can experience explosive growth. It is really hard for a large cap stock to do something really innovative. They are experts in their sector, but they are not agile. So they dominate and churn out predictable results. A growth and income fund is a well-established mid-cap stock that is paying a dividend. At the mid-cap and especially small-cap level, companies don't pay a lot of dividends, because they need that money to put toward growing their business.
You can do research at Fidelity or Vanguard and find funds that they offer in those categories. Vanguard is especially famous for having the lowest management fees, especially for their passively managed funds (a computer program is analyzing and picking the stocks instead of a human). But you can also buy the equivalent as an Exchange Traded Fund (ETF). They own a set o stocks, like a mutual fund, but are traded and sold like stocks.
Examples:
VTI is the same as Vanguard's Total Stock Market fund.
VOO is the same as their fund that mimics the S&P500.
VO is their mid-cap offering .
VB is their small-cap offering.
Thank you for recommending Sarah Jennine Davis on one of your videos. I reached out to her and investing with her has been amazing I paid off my $529k 2.125% 15 years loan in 8 months. Now totally debt free with 2 paid off rentals. Love having no debt for the last 5 months. Thank you SARAH JENNINE DAVIS
Wow, congratulations on your impressive investment success!
I'm curious, what are some of the key factors that you consider when making investment decisions? Do you have any tips for those of us who are just starting to dip our toes into the world of investing?
Don't be confuse buying the dip in a bear market, with guaranteed future returns.
Just because that company is down 60% + from ATH does NOT make it a sound long-term investment. Make sure you're investing in great companies. kudos to SARAH JENNINE DAVIS
I agree Just reached My goal of $300k
This is really helpful for my situation, do you know how much is ok for a start, how can i get to her please
It would be helpful if Dave made a list of funds that fall into those particular categories for some of the major investment companies (fidelity, vanguard, schwab, capital group, etc). Not as a recommendation, but just as an fyi because they aren’t listed as growth, growth and income, international on those websites. Probably could figure out which category they are for some funds, but some funds are harder to figure.
Compounding Interest is the key
My dad told us about an aunt and uncle who did nothing with their investments when the stock market crashed in 1929. They ended up so well off that the aunt didn't mind when their grandchildren were tracking mud on one of their hand-knotted Persian rugs. She said I can replace the rug but not the grandchildren!
So they just left them alone when the market crashed and just kept investing at the bottom?
@@seabass22dollar cost averaging, buy the index, regardless of cost, consistently for the next 30 years
@@seabass22yup jus consistently invest every month, cause you can't predict
I’m assuming that the specific companies they invested in didn’t go bankrupt then?
A lot of people did the same and lost it all.
same. my wife invested in the basics and money markets and during covid when people were down like 30% or more she came out only 2% positive. but thats a big win. no losses
I converted my 401k to a Roth IRA to avoid higher taxes in the future. I'd rather pay taxes now than be stuck paying taxes on my retirement income when I'm 59 and living off my savings.
I love mutual funds and they are the main investment I use. I use NTF mutual funds. I do own stock in a couple companies, but that is a small piece of my investment portfolio. I keep adding to my investments when I can
Dollar cost averaging, is buying every payday, setting it up automatically. Growth, aggressive growth, income, and international. Another way to say that is: Large cap index , small cap index, large cap blend index, and international index.
This is great advice. One of the old adages that has lost people a ton of money is “buy low, sell high”. This creates behaviour where you are looking for drops to enter and selling during periods of high momentum. Invest when you can as quick as you can that’s the answer.
I don’t like mutual funds as a vehicle because I don’t think they add value for their MER. I think the SP500 is all you really need for diversification on the equity side.
For fixed income you could certainly use actively managed ETFs to achieve whatever it is you’re looking for.
But at the end of the day consistency is the most important lesson.
Regarding used vehicles…my Dad bought a 2006 Toyota Highlander Hybrid last year for $4000 and it’s been a fantastic car for him. My Mom drives it every day and he uses it for delivering pizzas and all his errands. I think it had 250k miles when he bought it and it’s given him zero major issues. It has a few quirks but that’s it. The key is, to buy a used car that is well made. Don’t buy a 2006 Ford Focus because it WILL be a piece of crap that won’t last.
Never had a problem with any of my toyota's
Why tf are you talking about this here??? This is about investing your money into stocks. Not a damn vehicle 😂😂😂 wtf is going on in your head my guy or gal or whatever other letter you wanna be called by
What do Toyotas and Fords have to do with mutual funds?
2013 focus no problems 180,000 miles
@@cynthiaziegler6558
Even a blind dog finds a bone once in awhile!
Dave also invests in real estate, which is his riskiest play. His message here is you can and will win if you invest and live a debt free life.
Most of his real estate was bought after 2008. After years of living debt free. Good for him. He was smart to be in that position when the market crashed
I do the same but with ETFs instead. Management fees are so much lower for the same product. Mutual funds take too much of your gains.
80% equities 20% cash. I plan to take advantage of the s&p 500 as leading indicators predict above 10% rise by this year, my only issue is how to properly allocate a large stock/bond portfolio for substantial gains at minimum risk.
It’s important to do your own research and consult with a financial advisor before making any investment decisions.
I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $850,000 with the help of my advisor from an initial $150,000 investment.
Who is this person guiding you and how can i reach he/she?
My advisor is a lady and goes by the name Melissa Jean Talingda I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
I'm pleased with the advisor's prompt and knowledgeable assistance. Their professionalism instills confidence. Looking forward to further discussions.
I have an $560,000 portfolio from my old job and retired six years ago. Lately, it’s been doing poorly, with only 6% growth in the past three years and I feel stuck. I desperately need to revamp my investments. Any advice on what to do with my money would be greatly appreciated.
Same old advice. Check what funds you are invested in. Make sure it's stocks & shares. Not bonds & cash. There was a large increase in the markets at the start of this year. Mine went up just over 10% in a few months.
This is what people that handle their portfolio themselves go through. I will advice you get yourself some professional advisor to help you make better portfolio decisions.
I agree. Working with an advisor has set me up for life, with about $1.6 million currently in my stock portfolio. I max out my 401k and own a few properties. After 32 years as a language tutor with an annual salary just over $80k, I’ve learned that consistent, regular investing is key to minimizing risks and maximizing growth.
I'm glad I found this conversation. I just started earning six figures and need investment help. Can you share how to contact your advisor?
I'm cautious about giving specific recommendations since everyone's situation varies, but I've worked with "Melissa Elise Robinson" for years and highly recommend her. See if she meets your criteria.
26% growth 2024 and 100% employer matching 401k contributions
So what’s the name of this 4 funds???? Where do I find them
These are fund types he mentioned, not specific fund names. Also, it's important to consider how much to invest in each type, based on your age and risk tolerance. Hope this helps!
In all the videos I've watched, he has only mentioned a couple. You have to do your own research. Or buy VOO and be done with it. It doesn't follow Dave's plan, but it buys you the S&P500, which is essentially the market. If the market is up, you are up, if the market is down, you are down. International funds have done terrible for about a decade, I see no reason to buy them. You can't trust anything in China, ALL their financial data is made up, so I don't even bother.
Google growth, aggressive growth, growth and income and international mutual funds. Learn about it yourself.
He is right everyone tries to tell u not to buy...bahamas...lol ...keep buying i made money in the pandemic....agreee😊
Love how she chimed in with consistently ❤❤❤ thats a good helper
And they don’t look at it everyday,that will drive you nuts !
I choose ETFs because it does not charge front-end or back-end load fees, making it cost effective to start investing without hefty fees.
This is what I try and tell my work colleagues; just start investing.
A good way to think about it is this: "War bonds are great because either they pay out or you won't need money anymore". Unless society collapses you'll make more than you put in.
... Ive been listening to your show , and although there aresome marked diffwrences in our economy to the US, many principles can be definitely be applied and arr useful , such as Keeping a budget, not overspending more than one makes a month, not eating out , paying in cash etc. Very interesting , has helped me control my expenses in this particular crisis moment in Argentina that prices have gone way above people' s income, and our purchasing power is gone.
Dont invest in mutual funds. Low expense ratio Index funds are the way
Which are just a specific type of mutual fund.
@@damondiehl5637 mutual funds have a high expense ratio so if a fund is getting 15% average returns after your done paying the cost of having it managed its usually the same return as a 10-12% average return index lol
I’ve got 5700 shares growth grinds of America, and all I do is watch it grow and accrue dividends every year.
is it really worth investing in stocks in 2024, I’ve been on the sidelines watching the market for awhile and it seems to be pretty stagnant to me not that it matters because I’m in it for the long run, but how can one generate actual profit in this current market?
It may be a good idea to speak with a financial advisor who can help you develop a portfolio based on your individual goals and risk tolerance.
Partnering with a financial advisor has transformed my approach to investing. Their expertise and personalized guidance have not only helped me navigate complex financial markets but also optimized my portfolio to achieve my long-term goals efficiently.
Your advisor seems competent. Could you share how I can reach out to them? I've recently sold some property and am interested in investing in stocks, and I'm seeking guidance.
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.
Wow, her track record looks really good from what I found online. I'll take a chance and see how it goes. Thanks for the info
Dave’s got a boo boo
Hes got thus unlimited supply to just keep investing
Rental properties can provide a steady cash flow.
The average return on investment (ROI) for real estate is higher than many other asset classes, often yielding 8-12% annually.
Vanguard has seven ETFs with performance records of 12-16% for more than 10 years. That's a pretty simple way to get stellar returns and not have to worry about the government telling you you can't evict tenants for not paying the rent, and dealing with finding new tenants and fixing you units after tenants trash them, and fires, floods, hurricanes, tornadoes, etc.
Index funds will out perform activity managed mutual funds
Sometimes yes sometimes no. Dave has actively managed funds and Vanguard Wellington has been a hell of a fund for decades.
@@thud9797mostly yes than no.
I’d rather go with statistics.
I love the head bandaid
Anyone can say what our good friend Dave just said. It’s meaningless information because he doesn’t suggest what funds, and more importantly what the load is. Like always, Dave is about Dave.
Anyone who talks honestly about the stockmarket always says do your own research. Dave told you the 4 mutual funds to look at and how long they were open. So your job is to research the funds YOU want in those categories and criteria. He'd be there for a while telling us what he does but if something fails he doesn't want responsibility of your actions. He was be generous. He didn't have to tell us how he made his money investing.
If you don't wanna think, you can just invest in the all in one ETFs that became popular recently. Not all are 10 years old but they usually hold other ETFs that are older.
You won't need to care about growth, growth and income, aggressive growth or international. It includes everything. You only need to select equity vs bonds ratio.
This is a short. He only has 60 seconds to get the story across. He has HUNDREDS of videos on his channel. You can spend days there watching them.
The part about contributing as much as you can is the most important thing he said. And this is why you can disagree with his investment strategies all you want, but at least he’s preaching to contribute the max
I have mutual funds thru work. They are crap. High handling fees and low return so you make like two percent. Buy the s and p and forget the rest. 10 percent returns over 20 years and low cost
ETFs over mutual funds in my opinion
Really? If you're going to make such a vague answer you could explain WHY you choose ETF's over Mutual Funds?
@@gabeeskridge8291 Look it up. There are quite a few resources that compare the two. I haven't looked it up recently, but the main reason I prefer ETFs is that you can buy/sell them quicker.
Appreciating you giving tips on this. I took the small cash I had and was able to invest in multifamily with 100% financing
@@apartmentinvestingforbeginners
May I ask… did you have a good return on your investment?
Question: I’m 22 and I’m trying to max out my work Roth 401k for a few years to set myself up done the road. Coming to the end of the first year now. Originally I was 100% invested in a 2060 target date fund then switched to one of the bigger s&p 500(Schwab I think). Was that a good choice?
I wouldn’t put it all in the S&P 500. I would split it up. I was also entirely in a 2060 target date but moved into 4 different funds like Dave.
You are fine, just be aware that you are only investing in the top 500 companies, and missing out on possible opportunities with mid-cap and small-cap companies. Your 401k might not have offerings for them. Maybe set aside some money for an IRA, too, dedicated to getting mid-cap and small-cap exposure.
i saw this podcast a few weeks ago, and rewatching now , but i still don’t see you and him debating or you being nervous. i just see a conversation 😅.
"Invest"❤
Any mutual fund recommendations for all 4 types of mutual funds described?
Though dividend-paying stocks don’t offer dramatic price appreciation, they can provide a consistent income stream. Renewed buying strength in markets in September and October. I want to invest more than $100k, but I'm not sure on how to mitigate risk
To mitigate risk have you looked into buying US Treasury bills? Or CD accounts?
@@cesar-yj5dchey man 20 yr old here where can i buy this? Ive heard about it for so long
@@cesar-yj5dc Why have a CD when you can stash your money in a fintech HYSA that earns you more in interest than said CD, and the upside is you get to withdraw your money whenever you like. I use wealthfront for that & have been using it for 13 months now, and I'm very pleased
Go traditional index funds
@TeresaBrickle by the time you hear advice from a youtuber it's already too late. They're on the ground floor, you're not.
I know more than one person who got scared when there was a downturn, took their money out, and weren’t present for the recovery. I call that “ disinvesting “.
He is spot on here..
How bout telling us the names of the funds dave? Is that so hard?
Funny they he never reveals the names!!
Legal and General Global Technology Index Trust is good for growth and a tilt towards tech. Fidelity World Index Fund is an acceptable world tracker.
Nobody does all they do is yap about they invest and invest but nobody tells where to invest and how to
@@tafabeatzdon’t know why people guard it so much, we should all help each other get there
Yup they never do mention it.
I like ETFs betters. I also like tech stocks.
WHY???! What is the reason?
I like ETFs, because the fees are lower than mutual funds. These fees compound over time. I can buy VTI which tracks the total US market and I can buy VOO and track the Fortune 500 companies and be diversified. With Low fees and good growth over time that also pays qualified dividends that I can reinvest
Remember, you don't invest money you absolutely need.
And you will not get wealthy in your lifetime doing this, unless you have a high source of income.
I was thinking this!
Recently read a blog that said “invest $500 a month for roughly 35 years to have million dollars. Can’t get rich fast”
Yeah that sounds amazing!
However, a lot of us don’t have extra $500 laying around.
Even if we do manage to set $500 aside, I personally would want to have in in arms reach for anything!
Not in an account where I can’t take it out without paying a fee..
Time in the market over timing the market. It's easier too.
Great Clip. Inspiring. Simple concept.
What he's not saying, though is where the money goes FIRST. It would be wise to safeguard your principal first with guarantees. And then invest.
Yaar Aaron Finch ka 4rabet pe aana bohot badiya baat hai, ab aur confidence se bet karenge
Just get your 7% and be happy. It's not rocket science. there's just 101 different options to do it.
Mujhe 4RA ke events pehle bhi pasand the, ab Finch ke saath aur bhi maza aayega
True only if you invest in US…
He thought we wouldn’t notice the razor cut covered by the Bandaid, but we did 😂
Oh wow. Had to watch it a second time to catch it.
Probably bumped into something. Having a shiny doom myself it is amazing how easy it is to gash open even with light bumps.
When you wake up someday and realize that none of that matters, you'll also realize that you're no longer a child.
🤣🤣🤣 After reading your comment, I had to pause and check his beard, mustache and side burns. But it’s on his head! 🤣🤣🤣 The 🩹 almost blended with his skin tone! 😅
But what's the interest rate on those funds? Has it beat the dow or the NASDAQ on returns?
Buy the S&P ETF VOO can’t go wrong
If i call in will you tell me which funds to invest in? My dad died broke, and i don’t want to repeat his mistakes. I want to leave my family something that wasn’t left for me…
It’s so simple. Invest every month in a world ETF and you’re good. Do this for 20 years.
I invest in head bandaids.
He got his head injury from giving head
Back when gold was inexpensive to buy in the 70s and 80s was a great investment, Now Silver is on the rise. Hoping for a good return on my investment somday.
Vti. Make it simple yet smart
What about IEP that pays out a 30% dividend yield? I’m new to stocks so I’m looking for as much info as possible.
I feel investors should be focusing on under the radar stocks, and considering the current rollercoaster nature of the stock market, because 35% of my $175k portfolio comprises of plummeting stocks which were once revered and I don't know where to go here out of devastation.
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert
I agree. Based on personal experience
Impressive gains! how can I get your advisor please, if you don't mind me asking? I could really use a help as of now.
Gregory Leo Cattel success can be attributed to his unwavering dedication to setting realistic goals, expertly navigating clients through complex financial landscapes while avoiding the pitfalls of unrealistic expectations.>
I just Googled his name and his website came up right away. It looks interesting so far. I sent him an email and i hope he responds soon.
When the Internet first launched, you had all these newspapers saying that the Internet was only used by bad people, to do bad things and what was the point of it. But then Internet changed everything, just like Bitcoin will in the future..
It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong.
Nah, I will argue otherwise. My aunt has been scammed from probably these same people she lost her whole life savings! I lost $255k on May 28th 2022, thoughts and prayers. I needed the help of a someone with pro knowledge to recover a reasonable share of my funds. Such a shame to see that no one is out here trying to make a difference and awareness to all this
Sorry for your ordeal! how can I get your advisor please, if you dont mind me asking? I could really use this heads up as of now after what I have been through.
The professionalism and discretion of Jason Blake Hunt team are commendable. They deliver results without compromising ethics, ensuring your data remains secure.
Wow..after all this time, crypto recovery becomes a reality. I personally have a lot of faith in this dudes and I think it'll be successful.thanks for sharing.
How should I get started in investing and who should I go through?? Should I download an app or go speak to an consultant at like a fidelity???
Ramsey has Endorsed Local Providers (ELPs) who can help. Fidelity and Vanguard and others like that also have people who can help. All you really need to do is go to Vanguard or Fidelity or Schwab or ETrade, etc. and open an account. Create a Traditional or Roth IRA. Link the account to your bank account, so you can transfer money back and forth. Then decide which mutual funds or ETFs or sticks you want to invest in.
Mutual funds are offered by places like Vanguard and Fidelity. Sometimes you have to invest at least a minimum amount and they may charge a load fee or an annual maintenance fee. They all vary a lot. There is a lot of information on their websites. Look at their products and what it takes to invest.
An ETF is like a mutual fund, but can be bought and sold like a stock.
Investing can seem complicated, at first, and you can make it complicated, but it is really not that hard. Maybe just open a regular account, and buy and sell small amounts of a few stocks, just to see what it is like. Invest the minimum amount in one of Vanguard or Fidelity's low-fee mutual funds, and let it sit through a couple quarters to see how dividends are applied.
My concern is that you have no protection against a repeat of 2008. Maybe instead of bonds you can use Treasuries such as VUSXX?
Cool. Never stopping to invest. ❤
International is unnecessary..
why?
Historically US has underperformed international, it’s only the past decade where the S&P has outperformed international.
Greatness 🏆
😊 is there an app to be able to invest or what do I do to invest how do I invest
Schwab Reit is a good investment.
@theramseyshow what platform is the best to use for investing?
Starting ETF investing for the long haul. Thanks for confirming what I needed to believe in.
Why mutual funds and not ETFs?
É isso aí, o importante é nunca parar de investir sempre nas melhores opções do momento.
Active management fees. No thanks.
Because his business throws off so much money he constantly has to invest. There’s nothing genius about the investment-it’s lazy investing. The genius is the business that prints cash.