I've been watching the housing market closely, Prices have been skyrocketing for years. It's going to be tough for first-time buyers to enter the market." how can one diversify $280k reserve .
It's not just the prices, but also the increasing interest rates that are making it more difficult for people to afford homes. With a good FA you can make up your portfolio.
I agree. This is why I work with an investment advlsor, I currently have $630k in a well-diversified portfollo that has experienced exponential growth.
in times like these, it's crucial to be cautious and not rush into the market , Who is this your FA , my portfolio needs urgent attention , been a lot of loss.
Margaret Johnson Arndt is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
My experience with an employee discount on company stock is a cautionary tale. It was purchased at a 15% discount, and it was the best price from either the beginning or the end of the quarter. I put my employer match into my 401K and everything else I could possibly spare into the company stock. My company made 2 mistakes. 1. They bought another company that was bad on paper. 2. They strategically positioned themselves to be the sole provider for an environmental service required by law in Brazil, we quickly realized environmental laws are more like guidelines there The stock prices plummeted. They decided to cancel the benefit for investing in the US. I decided to cash out and put the money to a down payment for a house. I came out even, but now that I understand the time value of money, I actually lost BIG
I looked into the DESPP for my company. They required employees to hold the stock for two years before selling 😅. No, thanks! IMHO, that defeated the whole point at buying the stock at a discount. Matched 401k contributions are a whole other ballgame. Those employer-matched dollars to the 401k are free money! Unfortunately, that's not something my company offers.
If your ESPP has a required hold time before selling the stock, I completely agree with being cautions about putting all your eggs in one basket. If your ESPP allows you to instantly turn around and sell the stock you just got at a discount, its free money as long as you remember to log onto your brokerage and sell the stocks after they are purchased. Definitely read your ESPP rules thoroughly before putting too much money towards it
Not sure if I am doing wise things, but I sell immediately after I get my shares. As long as it doesn't drop 15%, it'll give me slightly more income since company is stingy haha.
I cash out of my company stock annually. Portions of it go to my sons education and portions go into broad market index funds. Never allow both your personal income and your investment future to be tied up in one company. Even if it’s a truly great one.
I worked for GE and a lot of employees invested in the stock purchase plan and boy did they suffer when prices fell. 10 percent is about right as Brian says
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 $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Stacey Laura Alviani for the last five years or so, and her returns have been pretty much amazing.
@@danieljackson87 Appreciate this recommendation, hopefully I can get some insight to where the market is headed and strategies to beat the downtrend with when I hear back from Stacey.
Not sure your age but you should be slowly decreasing the percentage of your portfolio in individual stocks overtime. From about 30ish onward if you trim a percentage of your portfolio that’s individual stocks and take what you would contribute to them to ETFs, mutual fund, bonds, REITs, etc your portfolio will be much safer.
My company offers the company stock in the 401k but doesn’t have a discount however I still invest. The main reason i invest 10% is because I like the company. It’s a regional bank and they’ve been steadily growing for years and just seeing the people they’ve hired, their goals and the industry experience I think it is a worthy investment. I am here everyday and I know the leadership. Working for a company especially if it’s relatively small or mid size is a great opportunity to get insights into a single company. However if I notice things aren’t going well (beyond the stock price) I will gladly sell but so far they’ve handled the banking issues pretty well and came out even stronger and I got a hefty discounted price after bank failures occurred on the opposite side of the country. I bought at a 35% discount essentially.
Great Q&A. I’d love to hear more about the buying car with cash discussion since Ramsey recently has been saying no new cars until a millionaire net worth.
I have a very limited amount of silver. I have a John Wick 1oz coin, and a few standing liberties and kennedys I bought at estate sales for waaaaay below the melt value because they are so worn.
The longer you wait to hire an advisor the less you will pay in fees. Imo the best bet is getting a rather large portfolio built up on your own, and then using an advisor in the latter half of your life as you approach retirement. I personally plan to get an advisor when I become overwhelmed with portfolio management. Right now I have a small portfolio and it takes zero time to manage.
Portfolio management is not where the big complications come from. It is typically tax management, big planning decisions that you need to stress test, and the constantly changing rules and limits for estate and retirement planning. Thanks for watching and the comment 👍
Wow that chart is eye opening. I have never bailed from the market. But I’m getting older and getting more cautious. Probably need to look at my ratios again, lol. Also anyone who predicts another recession is right, there absolutely will be another recession. It’s a given. That’s like predicting the sun will rise tomorrow.
Many Americans now equate their economic outlook with their political leanings. Your guy gets in the White House and you think the stock market will boom, or the opposite. In reality, the person in the White House has limited control of it. When you act impulsively like this, it's no different than putting a large bet on your favorite sports team. It's emotion not reason.
Ten of the eleven U.S. recessions between 1953 and 2020 began under Republican presidents. Is it the fault of Republican presidents? It doesn't matter to my portfolio who's fault it is. That is a STRONG pattern no matter how you slice the bread
That's great. I just got laid off and all the other tech companies are too, even if they have tons of cash and don't need to. My company is in financial trouble, so it's somewhat reasonable, but I'm still freaking out about going broke and not being able to support my family or ever retire. I have a ton of money in retirement, about 2.5 years of my recent income worth, I'm 35. I have other assets I can access before having to even think about tapping my retirement assets, but I wanted to max out 2 Roth IRAs for 2023 before the tax deadline. I'm sick of these tech CEOs laying people off just to pad their stock price.
I need to see some investment planning that factors a combined strategy of securities and real estate. I'm attempting to max both Roth 401k and Roth IRA and also buy a new piece of real estate every 2 years for ten years. The goal is to end up with a $3m net worth. Help!!!
There might not be research and development into making new products for gold and silver, but there are research and development for making new products for cryptocurrency. So it’s not necessarily a good comparison anymore.
Where (exactly) does it explicitly say whether or not someone can contribute the full amount to both a Roth IRA and a Roth 401(k)? Can you pst the actual paragraph from the tax code? Thanks.
If we’re at the taxable account stage. What are the pros of going with a crowdfunded real estate platform like Fundrise vs a normal index fund in say Fidelity
Lol in 2017 gdi wasn't anywhere near negative, gdi and GDP werent diverged like today and in 2007, the yield curve wasn't inverted, the benchmark 10 year treasury rate multiplied by total private sector debt (interest weighted debt) was not nosebleed highs like today and 2007.
I love the content these guys put out but are these mics even hooked up and EQ'd? The audio quality is poor and the room is an echo chamber. I usually listen to the podcast and it's kind of rough. 🙂
This is such a dumb argument. How do I miss the “best” days? Panic, sell, miss the day recovery then buy back in a day later. Then do this 5,10,20 times??
Great show! ✞✞✞ "For by grace are ye saved through faith; and that not of yourselves: it is the gift of God: not of works, lest any man should boast."Eph 2:8-9 The world is filled with demonic people. Believe in the blood of Jesus today for the remission of all your sins. He died, rose again on the third day, and sits at the right hand of the father. His blood paid for your sin debt if you believe that. Once you believe on the blood that was shed for you, then you are saved and deemed a child of the most high God. You are seated in the heavenly and you are sealed until the day of redemption. The dispensation of grace is almost coming to an end. Don't miss it.
@@alexpietsch7997 Yep. And when you look at the real inflation numbers, not the fake stuff they put out where they remove, cars, food, housing, and everyday essentials, then it gives a much clearer picture of the real benefits of Gold/Silver vs S&P500
@@kratostomatoes8587 Because everyone needs shiny rocks when they're not making any money. You tied it to a commodity that younger consumers aren't buying anymore
@@MeltingRubberZ28 Real estate is manipulated upwards whereas gold and silver are manipulated downward. I've made a lot more off real estate, and hold plenty.
These guys are nice and give good advice, but their business model is an absolute ripoff. The reasoning they give why it's fine is totally bullshit. AUM fees border on predatory. For guys always using charts on compounding, I wonder why they don't show what just 1.5% does to returns over two decades. Just don't forget at the end of the day, their free content, while good and helpful, is at the end of the day a sales pitch. Take the free good advice but don't fall for the sales pitch. You DO NOT under any circumstance need to pay an advisor 1-2% of your net worth every year to be wealthy. It's very sad they consider themselves Christians bcuz the fee structure is so unethical.
The recession was 2022. We are in a hyperinflation economy now so, the stock market is going nothing but UP the FED printer press has not stop Our government overspending has not stop. That’s why I don’t think a stock market crash is coming A 20% correction yes so don’t cry if the S&P goes to 5200-5500 this year lol😂
@@amazinglats6020 We aren't in a state of hyperinflation, that requires percentages much higher. In order to avoid a crash the Fed will inflate the currency and wages/growth will stagnate in comparison. It's already been a couple years of stagflation. Wage increases haven't compared to inflation.
When markets are up, buy. When markets are down, buy more.
Is Bo excited?
Always!
lol
I don’t know what to do if Bo is not excited 😆
Do a pushup everytime Bo is excited about the topic of the video 😂
He's excited to siphon 2% of your net worth every year
I've been watching the housing market closely, Prices have been skyrocketing for years. It's going to be tough for first-time buyers to enter the market." how can one diversify $280k reserve .
my partner’s been considering going the same route, could you share more info please on the advisor that guides you.
It's not just the prices, but also the increasing interest rates that are making it more difficult for people to afford homes. With a good FA you can make up your portfolio.
I agree. This is why I work with an investment advlsor, I currently have $630k in a well-diversified portfollo that has experienced exponential growth.
in times like these, it's crucial to be cautious and not rush into the market , Who is this your FA , my portfolio needs urgent attention , been a lot of loss.
Margaret Johnson Arndt is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
The market will hit an all-time high again and again and again. "ABB" (Always Be Buying) !!!
Tell that to Venezuela 🇻🇪
Very true , dollar cost averaging!
“If you’re gonna be neked with your partner, might as well be financially neked too” 😂😂 I lost it!
My experience with an employee discount on company stock is a cautionary tale. It was purchased at a 15% discount, and it was the best price from either the beginning or the end of the quarter. I put my employer match into my 401K and everything else I could possibly spare into the company stock. My company made 2 mistakes.
1. They bought another company that was bad on paper.
2. They strategically positioned themselves to be the sole provider for an environmental service required by law in Brazil, we quickly realized environmental laws are more like guidelines there
The stock prices plummeted. They decided to cancel the benefit for investing in the US. I decided to cash out and put the money to a down payment for a house. I came out even, but now that I understand the time value of money, I actually lost BIG
I looked into the DESPP for my company. They required employees to hold the stock for two years before selling 😅.
No, thanks! IMHO, that defeated the whole point at buying the stock at a discount.
Matched 401k contributions are a whole other ballgame. Those employer-matched dollars to the 401k are free money! Unfortunately, that's not something my company offers.
If your ESPP has a required hold time before selling the stock, I completely agree with being cautions about putting all your eggs in one basket. If your ESPP allows you to instantly turn around and sell the stock you just got at a discount, its free money as long as you remember to log onto your brokerage and sell the stocks after they are purchased. Definitely read your ESPP rules thoroughly before putting too much money towards it
Not sure if I am doing wise things, but I sell immediately after I get my shares. As long as it doesn't drop 15%, it'll give me slightly more income since company is stingy haha.
I cash out of my company stock annually. Portions of it go to my sons education and portions go into broad market index funds. Never allow both your personal income and your investment future to be tied up in one company. Even if it’s a truly great one.
I worked for GE and a lot of employees invested in the stock purchase plan and boy did they suffer when prices fell. 10 percent is about right as Brian says
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 $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
@@danieljackson87 That’s impressive, have you always had a financial advisor?
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Stacey Laura Alviani for the last five years or so, and her returns have been pretty much amazing.
@@danieljackson87 Appreciate this recommendation, hopefully I can get some insight to where the market is headed and strategies to beat the downtrend with when I hear back from Stacey.
Not sure your age but you should be slowly decreasing the percentage of your portfolio in individual stocks overtime. From about 30ish onward if you trim a percentage of your portfolio that’s individual stocks and take what you would contribute to them to ETFs, mutual fund, bonds, REITs, etc your portfolio will be much safer.
Gonna max out my retirement as soon as I pay off my truck in July. I’ll be 26 then so it shouldn’t be too late I hope.
Max out Roth IRA first.
FYI Roth is overrated, Google "Roth sucks" and read the Go Curry Cracker post on the topic.
Just found you guys! Love this channel. Good stuff/info. I'm hooked. Implementing several things I've heard through several of your videos
My company offers the company stock in the 401k but doesn’t have a discount however I still invest. The main reason i invest 10% is because I like the company. It’s a regional bank and they’ve been steadily growing for years and just seeing the people they’ve hired, their goals and the industry experience I think it is a worthy investment. I am here everyday and I know the leadership. Working for a company especially if it’s relatively small or mid size is a great opportunity to get insights into a single company. However if I notice things aren’t going well (beyond the stock price) I will gladly sell but so far they’ve handled the banking issues pretty well and came out even stronger and I got a hefty discounted price after bank failures occurred on the opposite side of the country. I bought at a 35% discount essentially.
You sell from fear. I hold from fear. We are not the same.
Buying when everyone else is afraid is also a win.
All the biggest discounts are from other people panicking
@@rayzerot Who doesn't love a sale?
Fire consistently and when the markets crash buy eay more
Love listening to you financial geeks!
You give sound advice!❤😊
Just keep on investing . Been doing this since 2006.
How big of a drop did your investments get in March 20, 2020?
@@shaereub4450 somewhere around - -30%
@@shaereub4450 20%. And then it rebounded to the original balance before June.
@@shaereub4450what does it matter? It went right back up lol
Around -30%
Great Q&A. I’d love to hear more about the buying car with cash discussion since Ramsey recently has been saying no new cars until a millionaire net worth.
“Familial baggage” powerful phrase. You’re definitely getting a whole bunch of that relative to all kinds of topics
I have a very limited amount of silver.
I have a John Wick 1oz coin, and a few standing liberties and kennedys I bought at estate sales for waaaaay below the melt value because they are so worn.
Do you have a video discussing HSAs and how best to use them for their intended purposes as well as another retirement vehicle?
Eeyore impression on point 😂😂
The longer you wait to hire an advisor the less you will pay in fees. Imo the best bet is getting a rather large portfolio built up on your own, and then using an advisor in the latter half of your life as you approach retirement. I personally plan to get an advisor when I become overwhelmed with portfolio management. Right now I have a small portfolio and it takes zero time to manage.
Portfolio management is not where the big complications come from. It is typically tax management, big planning decisions that you need to stress test, and the constantly changing rules and limits for estate and retirement planning. Thanks for watching and the comment 👍
Rebie I like the new hair!
Reg, the intro; gosh I can't stand when people send notes saying "Thoughts?". Great content as always!
Brian predicting this week at 8:57.
These guys are the best indicators and contra-indicators.
My investing goal this yeat is to finish december woth zero sales, all buying, stop rebalancing and missing days in the process
Great plan! Consider rebabalncing with new buys, or omce every 1-3 years (which studies show as the optimal frequency)
Wow that chart is eye opening. I have never bailed from the market. But I’m getting older and getting more cautious. Probably need to look at my ratios again, lol. Also anyone who predicts another recession is right, there absolutely will be another recession. It’s a given. That’s like predicting the sun will rise tomorrow.
Stay the course
Many Americans now equate their economic outlook with their political leanings. Your guy gets in the White House and you think the stock market will boom, or the opposite. In reality, the person in the White House has limited control of it. When you act impulsively like this, it's no different than putting a large bet on your favorite sports team. It's emotion not reason.
Ten of the eleven U.S. recessions between 1953 and 2020 began under Republican presidents. Is it the fault of Republican presidents? It doesn't matter to my portfolio who's fault it is. That is a STRONG pattern no matter how you slice the bread
That's great. I just got laid off and all the other tech companies are too, even if they have tons of cash and don't need to. My company is in financial trouble, so it's somewhat reasonable, but I'm still freaking out about going broke and not being able to support my family or ever retire. I have a ton of money in retirement, about 2.5 years of my recent income worth, I'm 35. I have other assets I can access before having to even think about tapping my retirement assets, but I wanted to max out 2 Roth IRAs for 2023 before the tax deadline.
I'm sick of these tech CEOs laying people off just to pad their stock price.
It will get better ❤ stick with it and you'll get to a new job in no time.
I need to see some investment planning that factors a combined strategy of securities and real estate. I'm attempting to max both Roth 401k and Roth IRA and also buy a new piece of real estate every 2 years for ten years. The goal is to end up with a $3m net worth. Help!!!
There might not be research and development into making new products for gold and silver, but there are research and development for making new products for cryptocurrency. So it’s not necessarily a good comparison anymore.
Nobody can time the market… except congress
I keep seeing that number behind Bo. Can anyone tell me what it is?
I think it’s their subscriber count :)
_It’s better being rich than looking rich_
Hear, Hear!
Where (exactly) does it explicitly say whether or not someone can contribute the full amount to both a Roth IRA and a Roth 401(k)? Can you pst the actual paragraph from the tax code? Thanks.
You'll either need sharp Google+research skills or a professional advisor if you want specific paragraphs from the tax code lol
Don’t just stand there, do nothing
If we’re at the taxable account stage. What are the pros of going with a crowdfunded real estate platform like Fundrise vs a normal index fund in say Fidelity
Its rather simple: Fundrise is a scam. Index funds are not.
How do you know it’s a scam?
@@cesarcharolet because it has all the characteristics of a ponzi scheme.
The IRS would beg to differ with you on my dividend income from altcoins/bitcoin
Somehow I have never heard someone say Nvidia this way. Rebi nailed it though, haha.
8:20 Was the 38% from the market low or 38% ABOVE where the market had been before the recession??
I only buy on days that Bo is excited... I need a higher income to invest with.
❤❤❤
Lol in 2017 gdi wasn't anywhere near negative, gdi and GDP werent diverged like today and in 2007, the yield curve wasn't inverted, the benchmark 10 year treasury rate multiplied by total private sector debt (interest weighted debt) was not nosebleed highs like today and 2007.
I was thinking about doing the net worth the first date 😂😂😂
I think if you propose and haven’t already had financial conversations like who has debt etc then you probably are not ready to propose either.
🙈🙈🙈 the financial naked part 😂
I burst out laughing! 😂
A market has hit an all time high. The market (VT) is still down. Especially considering dividends.
VT is the way
Yeah but imagine not starting retirement saving till 55 and start investing during a decade of no growth in 2000
I love the content these guys put out but are these mics even hooked up and EQ'd? The audio quality is poor and the room is an echo chamber. I usually listen to the podcast and it's kind of rough. 🙂
This is such a dumb argument. How do I miss the “best” days? Panic, sell, miss the day recovery then buy back in a day later. Then do this 5,10,20 times??
Have you adjusted your beer costs (on koozie) for inflation yet?
Nokia finally came up and I sold it all today 😂😂😂 sorry gotta pay my tuition
Who is getting necked? 😂
Meow, We are not the same.
Great show!
✞✞✞
"For by grace are ye saved through faith; and that not of yourselves: it is the gift of God: not of works, lest any man should boast."Eph 2:8-9
The world is filled with demonic people. Believe in the blood of Jesus today for the remission of all your sins. He died, rose again on the third day, and sits at the right hand of the father. His blood paid for your sin debt if you believe that. Once you believe on the blood that was shed for you, then you are saved and deemed a child of the most high God. You are seated in the heavenly and you are sealed until the day of redemption. The dispensation of grace is almost coming to an end. Don't miss it.
In order to time the market, you only need to know Nancy Pelosi.
Brandon is winning again
70% of all-time highs fail...2020 and 2022 might be a sign of things to come...
Okay, now show the S&P500 chart when adjusted for inflation. 😂
Inflation lifts the s&p 500 regardless of company performance. They're the companies people buy from in recession and buy a lot of in luxury
@@alexpietsch7997 Yep. And when you look at the real inflation numbers, not the fake stuff they put out where they remove, cars, food, housing, and everyday essentials, then it gives a much clearer picture of the real benefits of Gold/Silver vs S&P500
@@kratostomatoes8587
Because everyone needs shiny rocks when they're not making any money.
You tied it to a commodity that younger consumers aren't buying anymore
@kratostomatoes8587 bro if you're going to preach stocks are bad and not preach real estate, but instead silver/gold....I have no words lol
@@MeltingRubberZ28 Real estate is manipulated upwards whereas gold and silver are manipulated downward. I've made a lot more off real estate, and hold plenty.
These guys are nice and give good advice, but their business model is an absolute ripoff. The reasoning they give why it's fine is totally bullshit. AUM fees border on predatory. For guys always using charts on compounding, I wonder why they don't show what just 1.5% does to returns over two decades. Just don't forget at the end of the day, their free content, while good and helpful, is at the end of the day a sales pitch. Take the free good advice but don't fall for the sales pitch. You DO NOT under any circumstance need to pay an advisor 1-2% of your net worth every year to be wealthy. It's very sad they consider themselves Christians bcuz the fee structure is so unethical.
Agreed. John C. Bogle would take them to the woodshed. 😅
Well at the end of the day they are a business. How should they go about charging for their services?
Go away troll. These guys offer a great service to people to help manage wealth.
@@jaredgates4310use a fee only model, not an aum model.
They are fee only advisors so I am confused by this comment.
1.5 hours. Aint nobody got time fo dat!
2x
First 10 min addresses the market high and the reminder is us answering listener questions 👍
@MoneyGuyShow alright I'll watch the beginning then 💪
@@MeltingRubberZ28if you wait a week they’ll probably make them into shorts.
@@burkles4456I’d rather watch it all at once then hop through numerous shorts
The recession was 2022.
We are in a hyperinflation economy now so, the stock market is going nothing but UP
the FED printer press has not stop
Our government overspending has not stop.
That’s why I don’t think a stock market crash is coming
A 20% correction yes so don’t cry if the S&P goes to 5200-5500 this year lol😂
Nah we are just gonna be stuck in a period of stagflation for ten years and then have another crash.
@@KillerofGodsnice crystal ball, wish I could see ten years in the future, I’d be rich.
Inflation has gone down significantly.
@@amazinglats6020 We aren't in a state of hyperinflation, that requires percentages much higher.
In order to avoid a crash the Fed will inflate the currency and wages/growth will stagnate in comparison. It's already been a couple years of stagflation. Wage increases haven't compared to inflation.
@@superblump87 Still at 3.9% from last year, which was 8% over the year before and about that the year before.
Financial advisors are leeches. You don't need one, unless you are impulsive.
Been hearing about stocks that are sleeppy now about to skyrocket in summer of 2024. MRNA. UPST. PARA. TDOC. DIS. ROKU.
Stocks experts say stocks to buy for 2024 they are down now but buy it asap. MRNA. UPST. PARA. TDOC SQQQ. DIS.