"When nothing is going right is when the car won't start." That's the truth. Seems like every time you ahead by a few thousand dollars, there's always some blindsiding bill that sets you right back to where you started.
I just switched up my Roth IRA to 50% SCHD, 25% SCHX, 25% SCHG, and my Roth 401k is 70% vanguard S&P 500 index, 20% vanguard growth index, and 10% vanguard international index. Seeking best possible ways to grow $350k into $1m+ before retirement, I'm 55.
Those sound like great picks! consider financial advisory so you don’t keep switching it up, top 3 payers for the month were $OHI, $KMI, and $EDP... not bad for 350k
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 14.3%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an advisor.
I'm intrigued by this. I've searched for financial advisers online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me, Vivian Jean Wilhelm turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.
"Guys can live under a bridge." LOL. Probably the most truthful thing Dave has ever said. Yeah. I've gone the "renovate while living there" route. Not fun. Wouldn't do it again. Take down the wallpaper and paint turned into take down the plaster, need to rewire, need to insulate, need new windows, redo the floors, new light fixtures, ad infinitum....
Amen. Let’s take the popcorn ceiling off to rip the walls down carpet out and completely renovate the kitchen. From $1,000 renovation to a $40,000 renovation.
At one point we asked our adult children about what to do with money like that and they all said the same thing--"It's your money. Do whatever you want!" The outcome is that we didn't know of any good ideas so we put it into Vanguard mutual funds.
Freeing up your brain to do more long term thinking / planning is a real thing. Driving around looking to save a couple bucks, or cutting coupons, or any other activity that takes a significant amount of time to save a buck. When that's no longer necessary, and you can think BIG, you really start to win with money. I look at my accounts, and when I've made more on my investments this year than my job, it really makes me start to think about how my time is best spent.
Max out your 401k and Roth IRA today. And HSA if you have one. If it's possible to sneak them into 2021 contributions, do that. Weird that he didn't ask any of the other baby step 3,4,5 questions.
He told them to invest the other $70,000 (minus whatever small vacation and car they buy) he did not need to ask them baby step questions because she told him exactly where they were financially.
I agree, they are 30, he's telling them to spend that money, which isn't to the philosophy of live like no one else, so you can live like no one else later in life. I'd find any way possible to invest or buy another property now. Build that wealth up in their 30s so they can retire early. Why buy a car if the current one is working fine, and why fix up the property faster, if you are living there and slowly fixing it up. I don't get it.
@@aiswebmaster good conversation. Dave is pointing to the burn out part. She is obviously over the whole "slow roll with the house fixing" that's why Dae made the comment. Women are emotional creatures. They don't like living in a house that's in shambles. He guy could live under a Bridge. Women can not. If they don't hurry up and finish the she's gonna...
Thanks to this man I became debt free last year. I took 6 months off work almost immediately. Then this year I bought a rental property and hit $500k in my retirement accounts. Once you are debt free, the gains start to snowball.
It's funny because my dad has been trying to switch my brain like Dave is doing here. Once your debts are paid off and you're saving at some point you have to live your life a bit otherwise what are you even doing this for?
Not sure what car prices are like in the US, but I would possibly aim for about a $20k car. Mine was around that, five years old, but like a new car, what a world of difference. I am a saver, but sometimes you have to live a little, and go for something that improves your quality of life.
Dave needs to update his used car thinking. I bought a 2017 Kia Forte in 2019 for $10,500 with 50k miles on it. Today with 90k miles that car is worth the same amount if not a little more. The difference between a 3k car and a 10k car is substantially less then he thinks.
I guarantee you that car wouldn’t be worth that much if the used car market wasn’t in the state that it is in. Pretty much every car used or new value is ridiculously laughable given the circumstances.
The couple sounds capable of flipping homes, maybe they should say a little more and then buy another property to flip. I know debt is bad, but flipping isn't quite the same, since you are buying to sell it. Or they could buy a fixer upper, fix it up and then rent. With inflation, it is a great time to own things, though a home is much better to own then a car honestly. That or drop it in a brokerage account in an index fund that follows the S&P 500, and build some wealth.
@@brandon9715 True. In my area, a $10K car (unfortunately) is a junker. I'll probably end up putting more money into fixing one problem or another, so it's really not worth it to buy used where I'm at. That's why when Dave and his team say buy a $5K car, I just roll my eyes. Dealing with constant car issues isn't worth it for me.
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.
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
@@lennoxmutterick6434 However, if you do not have access to a professional like Clementina Abate Russo, 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.
Why doesn't he ask how much they're saving for retirement? Do they have or plan on having kids? ESA? Why have they "earned the right" to upgrade their house and buy cars? We have no idea if they are following the baby steps.
@@randymorrison1761 Right, cash savings. She said "we've been holding onto the cash." I'll assume they are doing squat with retirement. They should keep 20k in savings then spent 24k on Roths (21 and 22) 14k on HSAs (21 and 22), and 41k (22 only) on 401ks. That leaves 1k plus the 20-30k they will have saved by the end of the year. Then it's time to fund all that stuff for 2023. Where is the extra 60k Dave is talking about to finish the interior and buy two vehicles??
10k cars are standard beaters nowadays. My 2011 is worth that and have 150k miles and parts are starting to go…You want something low miles and stress free, your looking at closer to 15-20k for a newer used Toyota Corolla
These are the young couples that still drive the hand-me-down AMC Pacer (because it still runs...barely). Not all young people use credit like out-of-control crackheads.
@@ridenorthwest1687 Sure. Followed by a few thousands of repair expenses few months down the line. Not to mention how inflated the used car market has become in the past year.
@@mariusz128 " down the line" yes. The SAME thing can be said for brand new cars too. Eventually they ALL will need repairs..duh. You just immediately assume that all used cars will need those thousands of dollars in repairs within 6 months or less. It Depends on the car and situation
You can get a nice used car with some extra features that’s going to be dependable for 10-15k. It will be much more enjoyable compared to a 3k car. It’s completely realistic. People just don’t want to take the time and do some research or negotiate.
When you are debt free it doesn't matter. The question I was curious about is if they have been contributing the 15 % in to retirement and do they have any room in their Roth and 401k.
A $3000 car to a $10000 car. So I guess they’re going from a 1992 civic to a 2007 accord with 100,000 miles ! All jokes aside they should take care of themselves a tad bit more imo. You live one life, and they have been doing amazing. They should treat themselves just a little better.
Our everyday car is a 2008 accord w 230k miles. Leather and loaded and still runs great and gets 24mpg. Probably only worth about $3000 if that. An Accord w 100k miles on it won’t impress the neighbors but it still has A LOT of life in it if it hasn’t been abused. 😀
@@jeffeason3599 I completely agree , I’m half joking with my comment. I’m actually a big Dave advocate . I live in NY close to NyC and it’s tough to find a good accord for $10k, I’ve looked. But yours sounds great !
@@GladwellInvestments yeah. I’m not familiar with your market. here in the Midwest the hard part is finding 15yr old cars without rust. But surprisingly (or maybe not) the Japanese cars seem to be more rust resistant than Chevys. I love Chevy SUVs too (our travel/vacation cars) but they still really cannot compete with the Japanese imports for longevity. 🤷♂️ I tend to trade mine off at the 10yr point and get a newer low mileage used one.
You can't put that much into an IRA all at once, but I agree, I would think you would invest by way of a brokerage account (after you've maxed out your tax advantaged contributions that year).
@@b.cdrisk2035 regular= dumb. Roth IRA yields much more money in the long run because the Growth isn't taxable..aka isn't taxed. We're talking the difference between 1.2 million with Roth IRA versus barely 600 ish k with a traditional
Only flaw to this great advice is that you can't buy a decent driving car fo $10k. You can if you settle for maybe lower mileage Kia Soul but that is about it. And you will be dealing with people who will secretly laught at you for driving a Kia.
By the time I save money to buy a rental property cash I will be well up there in my age lol so how am I suppose to buy multiple rental cash in my lifetime
I just converted 1000$ of my traditional 401k with 10k in there to roth ira . At 25 years old without asking for advice someone humble me please 😂? Did i do something wrong woth todays tax bracket compared to the future i know taxes are rising but idk its my first time
Did I miss Dave going through the Baby Steps with her? Emergency fund? What's their income? Is the $20K+/yr savings 15% for retirement? Kids & college? C'mon Dave, did you diss your own system?
@@brianwalker8759 I’m aware of the statistical median net worth at that age. What I’m saying is it’s not that much if you don’t want to be an average Joe and have to work 40+ years to get a decent retirement
Hey YOU, incredible person reading this...The truth is you are confident and good enough already with who you are, where you are at and what you have right now to have the success you want in life. Don't let others define what “success” is for you. Get up, learn that skill and go after it! I believe in you so much! Have an awesome day! ......
Lol. Around here. U can barely buy a mobile with 100k. But that brings never ending debt.. of pad rent.. 600 usually.. Debt free. Is a dream.. there's always gonna be a debt... a payment.. Unless u buy some land.. in the boonies.. build a cabin Urself. And self sustain forever... living off the land.. Only way...
Worst advice ever....buying a car which is the worst investment you can make besides baying a old house. With 100k you can make a decent investment in stocks and crypto and earn from it.
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.
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
@@Donnafrank-k6e However, if you do not have access to a professional like Clementina Abate Russo, 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.
Nix the guesswork and scrolling. We’ll connect you with investment pros we trust: bit.ly/3kwqrhf
"When nothing is going right is when the car won't start."
That's the truth. Seems like every time you ahead by a few thousand dollars, there's always some blindsiding bill that sets you right back to where you started.
Have a blessed day everyone. Praying we all have financial peace and have the discipline required to be an everyday millionair.
Praying wont do it Nice sentiment but hard work and good common sense will
Prayer does work actually.
I just switched up my Roth IRA to 50% SCHD, 25% SCHX, 25% SCHG, and my Roth 401k is 70% vanguard S&P 500 index, 20% vanguard growth index, and 10% vanguard international index. Seeking best possible ways to grow $350k into $1m+ before retirement, I'm 55.
Those sound like great picks! consider financial advisory so you don’t keep switching it up, top 3 payers for the month were $OHI, $KMI, and $EDP... not bad for 350k
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 14.3%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an advisor.
I'm intrigued by this. I've searched for financial advisers online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me, Vivian Jean Wilhelm turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.
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.
"Guys can live under a bridge." LOL. Probably the most truthful thing Dave has ever said.
Yeah. I've gone the "renovate while living there" route. Not fun. Wouldn't do it again. Take down the wallpaper and paint turned into take down the plaster, need to rewire, need to insulate, need new windows, redo the floors, new light fixtures, ad infinitum....
Amen. Let’s take the popcorn ceiling off to rip the walls down carpet out and completely renovate the kitchen. From $1,000 renovation to a $40,000 renovation.
They have made some sound financial decisions. I'm happy for them.
At one point we asked our adult children about what to do with money like that and they all said the same thing--"It's your money. Do whatever you want!" The outcome is that we didn't know of any good ideas so we put it into Vanguard mutual funds.
Excellent choice
This guy is gold. I bet he has changed literally close to millions of peoples lives. What a mentor
Freeing up your brain to do more long term thinking / planning is a real thing. Driving around looking to save a couple bucks, or cutting coupons, or any other activity that takes a significant amount of time to save a buck. When that's no longer necessary, and you can think BIG, you really start to win with money.
I look at my accounts, and when I've made more on my investments this year than my job, it really makes me start to think about how my time is best spent.
Max out your 401k and Roth IRA today. And HSA if you have one. If it's possible to sneak them into 2021 contributions, do that. Weird that he didn't ask any of the other baby step 3,4,5 questions.
Exactly this. Then put the rest in index funds in a brokerage account.
He told them to invest the other $70,000 (minus whatever small vacation and car they buy) he did not need to ask them baby step questions because she told him exactly where they were financially.
I agree, they are 30, he's telling them to spend that money, which isn't to the philosophy of live like no one else, so you can live like no one else later in life. I'd find any way possible to invest or buy another property now. Build that wealth up in their 30s so they can retire early. Why buy a car if the current one is working fine, and why fix up the property faster, if you are living there and slowly fixing it up. I don't get it.
@@aiswebmaster good conversation. Dave is pointing to the burn out part. She is obviously over the whole "slow roll with the house fixing" that's why Dae made the comment. Women are emotional creatures. They don't like living in a house that's in shambles. He guy could live under a Bridge. Women can not. If they don't hurry up and finish the she's gonna...
Careful maxing out your 401k at the beginning of the year you may forfeit your company match.
Just save and invest.
Gotta love recommendations without determining clients suitability, horizon , risk tolerance , liquidity needs
Thanks to this man I became debt free last year. I took 6 months off work almost immediately. Then this year I bought a rental property and hit $500k in my retirement accounts. Once you are debt free, the gains start to snowball.
It's funny because my dad has been trying to switch my brain like Dave is doing here. Once your debts are paid off and you're saving at some point you have to live your life a bit otherwise what are you even doing this for?
For financial independence.
Finally dave says spend some money!! We don't live forever....I drive a 21 ram hemi and love it
Ram is the best, my 2010 hemi has 240k miles and still runs and drives great.
When we visit beautiful America, ee always hire a RAM…love it.
Not sure what car prices are like in the US, but I would possibly aim for about a $20k car. Mine was around that, five years old, but like a new car, what a world of difference. I am a saver, but sometimes you have to live a little, and go for something that improves your quality of life.
Dave, Great 👍🏿 advice👏🏿👏🏿👏🏿👏🏿
A 3k car two years ago is an 8k car or more now.
10k car would be way below their means
Dave needs to update his used car thinking. I bought a 2017 Kia Forte in 2019 for $10,500 with 50k miles on it. Today with 90k miles that car is worth the same amount if not a little more. The difference between a 3k car and a 10k car is substantially less then he thinks.
I guarantee you that car wouldn’t be worth that much if the used car market wasn’t in the state that it is in. Pretty much every car used or new value is ridiculously laughable given the circumstances.
@@cameronmcferren and it isn’t going back to how it was any time soon so get used to the numbers you’re seeing
Dave needs to update a lot of his plan like wasting tons of time and money paying off a mortgage that has a interest rate below yearly inflation.
The couple sounds capable of flipping homes, maybe they should say a little more and then buy another property to flip. I know debt is bad, but flipping isn't quite the same, since you are buying to sell it. Or they could buy a fixer upper, fix it up and then rent. With inflation, it is a great time to own things, though a home is much better to own then a car honestly. That or drop it in a brokerage account in an index fund that follows the S&P 500, and build some wealth.
Is it even possible to find a $10,000 car right now?
Right now...a $10,000 car would be a junker.
@@terriesmith2616 depends on the area. Everything is definitely overpriced, but you can find cars at $10,000 right now that are nice in my area.
@@brandon9715
True.
In my area, a $10K car (unfortunately) is a junker. I'll probably end up putting more money into fixing one problem or another, so it's really not worth it to buy used where I'm at.
That's why when Dave and his team say buy a $5K car, I just roll my eyes.
Dealing with constant car issues isn't worth it for me.
I think a nice power wheel for that price
It'll get you a good motorcycle though.
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.
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
@@lennoxmutterick6434 However, if you do not have access to a professional like Clementina Abate Russo, 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.
@@BrandonIvan-c6e Oh please I’d love that. Thanks!
@@lennoxmutterick6434 Clementina Abate Russo is her name
Lookup with her name on the webpage.
Why doesn't he ask how much they're saving for retirement? Do they have or plan on having kids? ESA? Why have they "earned the right" to upgrade their house and buy cars? We have no idea if they are following the baby steps.
I found that odd also. 100k in savings with nothing in retirement doesn't mean it's time to run out and buy a new car.
She told him they save $20, 000 to $30, 000 annually. She started the phone call with what they save
@@randymorrison1761 Right, cash savings. She said "we've been holding onto the cash." I'll assume they are doing squat with retirement. They should keep 20k in savings then spent 24k on Roths (21 and 22) 14k on HSAs (21 and 22), and 41k (22 only) on 401ks. That leaves 1k plus the 20-30k they will have saved by the end of the year. Then it's time to fund all that stuff for 2023. Where is the extra 60k Dave is talking about to finish the interior and buy two vehicles??
Because it's a setup. It's all for the right segment to sound like a sage.
10k cars are standard beaters nowadays. My 2011 is worth that and have 150k miles and parts are starting to go…You want something low miles and stress free, your looking at closer to 15-20k for a newer used Toyota Corolla
She said trim is not cheap 😂 ain't that the truth 😂
I would set aside money for a 3-6 month emergency fund, and then invest in tax advantaged retirement accounts, and a taxable account (sp500).
$20k house, $15k car, $12k Roth IRA’s, $ HSA if eligible, remainder in VBR, Vanguard Small Cap Value ETF. My thoughts anyway.
Good job
These are the young couples that still drive the hand-me-down AMC Pacer (because it still runs...barely).
Not all young people use credit like out-of-control crackheads.
Dave a $10k car today IS a $3k car... anything acceptable is 15-20 now-a-days
Dave is way off base with reality.
Nah it’s really not. You can find perfectly good cars for $5000 all day.
@@ridenorthwest1687 Sure. Followed by a few thousands of repair expenses few months down the line. Not to mention how inflated the used car market has become in the past year.
@@mariusz128 " down the line" yes. The SAME thing can be said for brand new cars too.
Eventually they ALL will need repairs..duh.
You just immediately assume that all used cars will need those thousands of dollars in repairs within 6 months or less.
It Depends on the car and situation
You can get a nice used car with some extra features that’s going to be dependable for 10-15k. It will be much more enjoyable compared to a 3k car. It’s completely realistic. People just don’t want to take the time and do some research or negotiate.
Was anyone else hoping to hear advice on how to invest $100k?
Congratulations ❤
What's their annual income? Dave never asked.
When you are debt free it doesn't matter. The question I was curious about is if they have been contributing the 15 % in to retirement and do they have any room in their Roth and 401k.
You're absolutely right Colleen. And you are well on your way to being a Ramsey Personality
@@clarifyingquestions I'm debt free and it matters, I have $2000/mo in Fixed expenses (no Debt)
nice job
@watsap:✝️❶❸❶❼❸❷❹❺❼❺❷ wow your a scam get lost and get a real job do I look like a idiot
I wouldn't personally invest in a nicer car if the one I had was working just fine, but Dave is a car guy. Would I take a nice vacation? - YES.
The car will last a lot longer than the vacation. Also these people are doing well, but aren't in a position to spend a car's worth on a vacation.
A $3000 car to a $10000 car. So I guess they’re going from a 1992 civic to a 2007 accord with 100,000 miles ! All jokes aside they should take care of themselves a tad bit more imo. You live one life, and they have been doing amazing. They should treat themselves just a little better.
Our everyday car is a 2008 accord w 230k miles. Leather and loaded and still runs great and gets 24mpg. Probably only worth about $3000 if that.
An Accord w 100k miles on it won’t impress the neighbors but it still has A LOT of life in it if it hasn’t been abused. 😀
@@jeffeason3599 I completely agree , I’m half joking with my comment. I’m actually a big Dave advocate . I live in NY close to NyC and it’s tough to find a good accord for $10k, I’ve looked. But yours sounds great !
@@GladwellInvestments yeah. I’m not familiar with your market. here in the Midwest the hard part is finding 15yr old cars without rust. But surprisingly (or maybe not) the Japanese cars seem to be more rust resistant than Chevys. I love Chevy SUVs too (our travel/vacation cars) but they still really cannot compete with the Japanese imports for longevity. 🤷♂️ I tend to trade mine off at the 10yr point and get a newer low mileage used one.
I thought Dave was just going to tell them to finish the house and put the rest in a IRA?
You can't put that much into an IRA all at once, but I agree, I would think you would invest by way of a brokerage account (after you've maxed out your tax advantaged contributions that year).
@@aiswebmaster A regular IRA, after the home is done
@@b.cdrisk2035 regular= dumb.
Roth IRA yields much more money in the long run because the Growth isn't taxable..aka isn't taxed.
We're talking the difference between 1.2 million with Roth IRA versus barely 600 ish k with a traditional
Only flaw to this great advice is that you can't buy a decent driving car fo $10k. You can if you settle for maybe lower mileage Kia Soul but that is about it. And you will be dealing with people who will secretly laught at you for driving a Kia.
If they get cheaper, what would they do with that money after, right?
By the time I save money to buy a rental property cash I will be well up there in my age lol so how am I suppose to buy multiple rental cash in my lifetime
I like how she says yeAah
YeAhhh!!!
Put it in Bitcoin and double your money.
I just converted 1000$ of my traditional 401k with 10k in there to roth ira . At 25 years old without asking for advice someone humble me please 😂? Did i do something wrong woth todays tax bracket compared to the future i know taxes are rising but idk its my first time
VTSAX and chill
Did I miss Dave going through the Baby Steps with her? Emergency fund? What's their income? Is the $20K+/yr savings 15% for retirement? Kids & college? C'mon Dave, did you diss your own system?
Brag call incoming.
Never hear her saying her car broke down?😂 Keep driving it!
No mention of kids and retirement?
Don't have kids that's a terrible idea 😂
Good morning
2 times he called her house stinken houses ouch
You give great advice, Mr. Ramsey.
TLDR: Save it.
Fortunate 🙏🏼
BETTER THAN I DESERVE
Dave what happened to Anthony Owens?
Assuming you are referring to Anthony O'Neal, he left Ramsey to focus on building his own brand. He's still on UA-cam and Instagram but on his own.
He had a child outside marriage
@@mannyjeanpierre4062 Not really?
@Austin Duke some of his IG posts have alluded to it but it's really vague
100k is not that much at 30 I wouldn’t be buying or renovating anything with that much.
Definitely want that money invested. 100k will grow fast
Yeah investing this amount instead of spending it will change their life.
It's more than most have at that age according to statistics.
paid for house tho
@@brianwalker8759 I’m aware of the statistical median net worth at that age. What I’m saying is it’s not that much if you don’t want to be an average Joe and have to work 40+ years to get a decent retirement
Retirement savings!
Hey YOU, incredible person reading this...The truth is you are confident and good enough already with who you are, where you are at and what you have right now to have the success you want in life. Don't let others define what “success” is for you. Get up, learn that skill and go after it! I believe in you so much! Have an awesome day! ......
Buy 1 bitcoin
Get a hobby. Get a personality other than making and saving money.
hi!!!!
100k is like 23k in 2024
Obviously, they should sell the house back to the bank via a mortgage and put the proceeds into the market
Is good to saving money 💰
And investing but money is for enjoy too 😂😅😂😅😂
Boy, he gave her the worst advice ever: "If you've acquired a warchest, fritter it away... and spend spend spend."
Lol. Around here. U can barely buy a mobile with 100k.
But that brings never ending debt.. of pad rent.. 600 usually..
Debt free. Is a dream.. there's always gonna be a debt... a payment..
Unless u buy some land.. in the boonies.. build a cabin Urself. And self sustain forever... living off the land..
Only way...
I’d be so tempted to sell cash secured puts on Apple for $150 strike price
They can afford a new car if they want one.
I would buy some real estate and travel the world if I were her.
10k car is a POS 😂
I can smell the bull
lol, trump.
Worst advice ever....buying a car which is the worst investment you can make besides baying a old house. With 100k you can make a decent investment in stocks and crypto and earn from it.
Buy crypro dug
B-I-T-C-O-I-N
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.
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
@@Donnafrank-k6e However, if you do not have access to a professional like Clementina Abate Russo, 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.
@@patrickhenandez Oh please I’d love that. Thanks!.
@@Donnafrank-k6e Clementina Abate Russo is her name.
Lookup with her name on the webpage.