Coming out of facing alot, I knew two things about the stock market: It caused the Great Depression, and the fastest way to make a million on the markets was to start with two million. And then the Great Recession happened only a few years later. So yeah, I wish someone had better explained it to me earlier in life. Having a good entry and exit strategy will make you succeed in the stock market.
Exactly, most of the investors pays more attention to the profit aspect forgetting that the market involves ups and down. securing your financial position requires lots of patience and proper education on the market so as to know the right profitable stock to buy and invest in. I made over $260k in profits, from just the Q4 of 2021. Investing in the stock market is most profitable when you understand how the market actually works.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Started my portfolio last year with SCHD, VOO, and VUG after watching one of your videos. In terms of share price, VOO is way up (22.25%) and VUG is waaaaay up (39.62%). Thanks for the education!
Isn't VOO and VUG similar in the sense both are investing in the S&P 500? What is the difference? I thought it is generally advised against to invest in multiple ETFs or Mutual Funds?
There is 55% overlap with the holdings in VOO and VUG. 1 is tech heavy and the other is financials heavy similar, but not the same. VOO tracks the S&P 500; VUG is just focused on large cap growth stocks. VUG is a bit more volatile, but with a higher upside potential. VOO is a bit safer. I’ve never heard anyone advise against multiple ETFs/mutual funds. You just have to be aware of overlap. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.
I'm sitting on some significant money ready to toss it into VOO, but I'm kinda hoping that price drops a bit. I know we only want to see the stock rise, but being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Finding financial advisors like Marisa Breton Dollard who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
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.
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
My CFA ’Melissa Terri Swayne’ , 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.
Easy: Vanguard Target Retirement Funds -- pick the age appropriate fund, ideally in a tax advantage account (401k, IRA, etc) -- and let it all ride in there. Don't ever sell until you are in retirement -- just keep buying and accumulating more during your working years, maxing out the IRS contribution limits for the 401k/IRAs first. Once you hit the IRS contribution maximums: then open a regular investing account and use the same Vanguard retirement index fund for that account too. I've been doing this for the past 20'ish years and am about to hit my first $1mm -- I expect the 2nd million to come a lot quicker -- the growth starts snowballing, just NEVER sell.
The S&P 500 moved 8.9% higher last Month, achieving one of its best monthly performances in history.. which is an indicator for profits to continue to improve. I just want my money to keep outgrowing the inflation rate. I'm still looking for companies to make additions to my $500K portfolio, to boost performance. Here for ideas...
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective consider financial advisory for informed buying and selling decisions.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Rachel Sarah Parrish is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
Market highs can sometimes be followed by corrections, but predicting the timing and extent of it is challenging. I've heard some analysts talk about a 'massive' correction. It makes me wonder if it's time to adjust my $2M portfolios or maybe even consider some defensive investments.
Consider diversifying your portfolio with a mix of stocks and stable assets. Seeking professional advice now could provide valuable insights and strategies to navigate market uncertainties and protect your investments.
Accurate asset allocation is crucial, and some individuals use hedging strategies or allocate part of their portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in returns on invest-ments.
Thank you for sharing, I must say, Sharon appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled a call
The market took a big dive before April, 2020 that hasn't been seen since 2009,The key to financial stability is having the right investment suggestions for a diverse portfolio.
Where did you invest? I'm just trying to learn where or how do I begin so I can start the journey of compound interest. I am 24 and have saved some money, I just do not know clearly where everyone seems to know to put their money. It just says S&P 500 but I don't understand what that means
I'm 33 just got out of debt I might be behind compared to my peers I'm not happy but satisfied that I’m debt free only want to focus on investing I would appreciate if you recommend your advisor for the right knowledge.
You know her too ? I'm also a proud beneficiary of her superb platform. There are the biggest custodians. After this I also would not be asking investing advice in the UA-cam comments. 80% are scammers.
Putting well-earned money into the stock market can be over emphasized for first-time investors, unlike a bank where interest is sure thing! Well, basically times are uncertain, the market is out of control, and banks are gradually failing. I am working on a ballpark estimate of $5M for retirement, and I have a good 6-figure loaded up for this, could there be any opportunity for a boomer like me? I'm nearly 60.
If you're new to investing or don't have much time, it's best to get advice from an expert. Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.
Accurate asset allocation is crucial. Some use hedging or defensive assets in their portfolio for market downturns. Seeking financial advice is vital. This approach has kept me financially secure for over five years, with a return on investment of nearly $1 million.
Rachel Sarah Parrish a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
Even if you start now and lose some portfolio value while you continue investing long term, it teaches you straight up to get used to negative fluctuations. You’ll be okay in the end ultimately it doesn’t matter if your horizon is a decades in the future.
Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.
the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.
Laila artine kassardjian' 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
I have followed Tom Lee all last year, and he was right thus far, but SPX just above 5000 what assets/sectors will drive the next bull trend. I cashed out before the last dip, now I have less than a 200k to average down with. Any ideas? Should I get into short positions in the remaining Q1 or is it headed higher?
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
Its unclear which stocks and sectors will continue driving the uptrend. Stay away from readjusting 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 large following working for me.
Monica Mary Strigle just do your own research you’d find details. No kidding I have made a 218% gain since began rebalancing as many times as she suggested. The bear market isn’t so bad if you know where to look.
As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?.
People dismiss the importance of advisors until they are burned by their own emotions. I remember a couple of summers ago, following my lengthy divorce, I needed a good boost to assist my business stay alive, so I looked for qualified consultants and came across someone with the highest qualifications. She has helped me raise my reserve from $275k to $850k, despite inflation.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?.
Folks, nothing in his video is wrong . Regardless of the current market, the point is you can't time the market so you invest long term regularly. If anything, the current market proves the point.
"so you invest long term regularly" Antiquated advice. The world we are entering into is nothing like the world that existed 1900-2008. Investing, holding for 40 years, and retiring is outdated. Especially when debt and liquidity problems are rising. Having access to your money and being able to adapt is vitally important. With global demographic decline and inflation, liquidity funneling into investments will gradually dry up in the coming decades. It isn't sustainable. Will the market eventually recover? Sure. But being forced to hold for 20 years just to break even is a lot of lost opportunity.
@@LaFonteCheVi so, what is your "modern" advice, since you disregard learning from past experience and have a crystal ball to predict the future? You say the world we are entering now is nothing like 1900-2008, which can be both true and still irrelevant.
@@LaFonteCheViI know some who were saying similar things to you after the 08 crash, pulled their investments and never invested in the market again after that, too scared not understanding that it’s a long term game. Boy are they sorry they did that. America as a country isn’t even close to being tapped out, even under this awful presidency, little blips on the radar. We are still the most moved to country and still the best environment for business and entrepreneurs, and we have the most arable land mass with plenty room for growth. We are still a young and developing country in the world.
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Elizabeth Wesley.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.
With around $120k invested in Alphabet stocks, any suggestions for additional stocks to diversify across various markets? Looking for a well-rounded portfolio that balances risk aversion with returns meeting yearly inflation concerns.
Stop buying every stocks you see some youtuber recommend sometimes they do that to pump their bags. Seek guidance from a financial advisor instead of relying on UA-cam for investment advice.
I'm considering a review of my $600K portfolio allocations, particularly in light of the interest rate sagas. I'm diversifying into tech stocks and renewable energy. They seem promising but i'm not so sure
It's crucial to have a well-thought-out strategy and not make impulsive moves based on short-term market fluctuations. Patience and a long-term perspective are key. You should consider a market expert to guide you.
Accurate asset allocation is crucial, and some individuals use hedging strategies or allocate part of their portfolio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay financially secure for over five years, yielding nearly $1M in returns on investments.
True, the market can be unpredictable. How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my portfolio.
People listen, “it’s not about timing the market, but about time in the market”. Who cares if it drops 6% or 30% especially if you are under 55 years old. History has shown that it always recover.
As an elder millennial, one of the few advantages is having lived through the Great Recession, Election and Economy Crisis. My advice. Reduce unnecessary expenses, increase your savings by investing in financial markets and do not sell. One thing I know for sure is that diversifying your income can help insulate you from much of the craziness going on in the world.
The investment you choose isn't right or wrong, just depends on the kind of business person you are or simply the kind of person you are. However, the end game is investing money long term creates wealth every time. Just pick what you like and understand, invest and it will pay off. A lifetime of investing for 5 mil is not hard to accrue.
That's true...I'm thinking of investing in stocks or digital assets to grow my money for the first time, but I lack the in-depth knowledge and mental toughness to deal with these recurring market conditions. please any advice or pointer on how to outperform the market producing good returns
You're absolutely right! It just takes a good mindset and nerves of steel. I was deeply invested in 2020 with the economy crisis being bad, divorce and me with no job, so i had to work my savings in a well-diversified portfolio of stocks and digital assets that grew 4x with capitalization, venturing is not necessarily just about funds but also to be well informed. It's a long term plan for me so I invest and reinvest
Exactly why I enjoy my day to day market decisions being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/ analysis they have, it's near impossible to not outperform, been using a portfolio-coach for over 2years+ and I've netted over 400k
Mind sharing info on the adviser who assisted you? been saving for pension since age 21 - company scheme. along the way I hit higher tax, so I added to my company pension with a SIPP (tax benefits) I'm 48 now and would love to grow my finance more aggressively, there are a few cars I still wish to drive, a few mega holidays, etc.
If prices in the stock market are low or down that is the best time to buy if you know those particular stocks or items or businesses are going to rebound which the vast majority in the S&P 500 do
@@motoryzen The best time to buy is, on average, is always right now. That's why steadily investing constantly over time is the best option for just about everybody.
For the SP 500 index fund the time to buy is ALWAYS. I have consistently invested in it for 25 years. Started in the 2001 crash, through the 2008 housing market crash, through COVID, it has never let me down long term. So far, this year, I have been making bank in the SP 500. I don't know where you all are getting your wrong information that the stock market is low right now, it is doing great in 2024!
What about opportunity cost when paying off low interest debt? If you have a 2-4% debt, you're doing the bank a favor by paying it off in a world with 5% risk free yields and a roaring market.
That was my thought too when he mentioned consumer debt. My student loans are at 2.4%, I'll be making minimum payments on those forever. Any extra money does more for me even in a high yield savings account as opposed to making greater than minimum payments on that debt.
Great Video. 1. Invest every month (DCA), no matter if it’s going up or down. 2. Time in the market, NOT timing the market. 3. Compound interests. Reinvest. 4. ETF’s S&P 500. 5. Discipline and consistency. Repeat.
You can really tell your viewers don't know the first thing about the stock market. A couple weeks of red and they think there's a crash, or that this video is badly timed. People, have a look at your 3 month charts. All very very green. This is called a CORRECTION and it's healthy. Get off of wall street bets please.
Nothing about the market is healthy. It's fundamentals are incredibly bad. 3 months? That is nothing. People look at the last 10 years as if it is some amazing thing, not realizing that the growth is unsustainable and largely a by product of speculation, government spending, and over-leveraging. It isn't real growth. Every single year there is a greater disconnect between the market and the real markets. Every single year businesses and the government takes on more debt while producing less value. Workers are less efficient and uninterested in working. The pillars of society itself are cracking. Demographics globally are in decline. And all that amazing growth that occurring over the last 100-ish years? Yea, that was a product of the greatest demographic situation in human history. Something that is no sharply reversing. Virtually every economy on Earth is on an unsustainable course. When will it tip over? This year? Next? 5 years from now? Who knows. But the reality is if you are planning invest and hold for 20-30 years you are making a massive mistake.
@LaFonteCheVi but have you considered the transformative nature of AI? I think there is alot of reason to highly value companies like Google, Microsoft, Nvidia etc. when we are on the cusp of a technological revolution not seen since the invention of the internet.
Alright people, which markets you watching!? S&P is all time high. If you’re not invested, give it a few and jump in on the way down, if you are already invested, continue to invest in gradually and average down as things fall. Based on all previous history ever, you will win. No need to be haters.
The faster and higher things rise, the faster and harder things will fall. The market isn't based on actual value-production. It is debt and speculation fueled. The real economy is highly over leveraged and unhealthy. "Based on all previous history ever, you will win" You cannot predict the future market based on the past. The last 100 years of market activity is a massive historical aberration. It is abnormal. The problems we are seeing are a result of that system coming to an end as all economic systems inevitably do. Also, your claim isn't true. Economic "eras" come and go. They rise and fall. Nothing is eternal, and currently we are at the end of one of them. Smart money looks toward future opportunity, not relying on old school static investment methods.
@@LaFonteCheVi I love this take. I can sit here and come up with every edge case, possibility, or whatever it may be. At the end of the day, I’m just a regular person who decided to learn more about personal finance than most, but not to any level near a CFP. We’re the nerds that take pride in knowing how to handle our financial future and can only give a snip of info that is not right for some but also not wrong for some. I have a life outside of personal finance and my strategies work for me. I don’t plan to become a CFP just to take care of one aspect of my already complicated life. The advice here is great for the newbies that have no idea about anything we’re talking about. Let them live and learn. My decision to comment comes from defending the newcomers that have no clue from all these comments coming from people that are wrong. Wrong in a sense that you can pull up a chart and see for yourself what’s going on. If we are at an end of times, no one has any clue what’s coming next and you might as well put it all on red if you want to stand in that crowd. If you want to have a chance in a world where we are NOT approaching end of times, follow the basic steps this channel outlines. Maybe it’ll spark interest for those folks and they’ll become like us, more informed to make better decisions financially.
Where is the best place to invest on the S&P 500? Platform, website or anything that you would recommend? I just know i have to invest, but dont know where to start. Thank you George!
Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios in the last 3rd half of 2023 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder
The truth is that this is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. My friend just pulled in more than $84k last month alone from his investment with his advisor. That is how people are able to make such huge profits in the market
WHITNEY KAY STACY is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
All the previous comments are good. My focus, at age 71 : always max 401K company contributions; then max Roth IRA; then complete with Roth 401K. My Roths are much easier to plan my distributions and estate planning.
Just always be buying. It’s that simple. DCA automate index funds and balance with bond funds if you are closer to retirement and get on with your life. Don’t obsess over the market. It’s up 8 out of 10 years.
Great video. 2 ish questions. Do you consider your company match to be part of your 15% income you invest? Also why do recommend HSA investments after maxing lets say a roth 401k? Is it simply compound interest working harder in accounts your able to contribute more to?
Company match is not considered part of the 15% contribution. HSA amounts are also contributed before tax and are used for reimbursement on medical expenses, so it saves you the tax on the medical expenses.
"It's not about timing the market, it's about time IN the market." True, but it's still annoying to convert your entire portfolio to the S&P 500 at what turned out to be a peak, so within 3 days you've lost like $10,000. I know it's gonna come back up, but still annoying! :P
@@strngenchantedgirl Sure, I agree with you, and you're correct in principle. But in practical terms, it's very hard to do if you actually track your finances or even just read financial news. Also, not everyone has the same time horizon.
Thank you for your Educative videos .. If there is one thing I have learned in recent months it is to remain calm, especially when it comes to investments in cryptocurrencies. Learn not to sell in a panic when everything goes down and not to buy in euphoria when everything goes up. I advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses. Bitcoin going up is good for the entire market and you can not tell if it's going bearish or bullish. I Would say More emphasis should be put into day trading as it is less affected by the unpredictable nature of the market.I have made over 31btc from day trading with Kelvin Hurdle insights and signals. in less than 2 months, this is one of the best medium to backup your assets incase it goes bearish...
Bitcoin's role as a store of value and its potential for future growth make it an attractive investment option. BTC trading can be a thrilling way to participate in this digital asset's journey.
Investing has proven to be an incredibly beneficial decision. My cryptocurrency profits continue to play a substantial role in growing my overall wealth, reducing my reliance on my salary…
Kelvin Hurdle, understanding of market indicators is impressive. He knows exactly when to enter and exit trades for maximum profit. his siignals are top notch
One thing I think should be talked about more often is short-term investments (less than 5 years). I know Dave has previously called CDs “certificates of death”, but they have been paying pretty well lately. Not a bad spot to earn over 5% on my money and it’s FDIC insured.
I like to save up the George Kamel videos for a week or two so that I can binge watch them all at once. This enabled me to cancel Netflix. So just the act of watching these videos is saving me money.
Changed my contributions to weekly, but I think the long term results of those don’t really change as long as monthly it’s the same amount? Like 1000 weekly vs 4000 monthly is essentially the same? Idk
How do I change my investment with my work sponsored 401k that is through Fidelity? They have me on something like TRP 2040 or something like that. How do I change that to the S&P?
First, go to the Social Security website and find out what your proposed monthly Social Security amount is. Next, figure out what your Potential Retirement Budget is. What working expenses will you no longer have. Then, do a ‘dry run’ a ‘practice retirement’ where you live on that retirement budget for a short time. Ask yourself, what expenses might I need to trim from my current budget to live on my retirement budget. Work on trimming those areas from now until retirement. Then decide what you are going to do with your 401ks. I’d recommend doing direct rollovers to IRAs. Regular 401 k to Traditional IRA and Roth 401k to Roth IRA. You gain more control over your money that way. Work with your brokerage house to set those up and research the procedure of how to do that through them. Now, start to view your accounts as ‘income generators’ instead of ‘savings accounts’. Invest your money into the accounts so it will generate income ( the returns). Similar to your Mortgage, this involves deciding which number is your ‘principal’ ( the portion to keep in there to generate income). For example you decide your ‘principal’ is $300,000 of what you have in your accounts. This means you will never let your accounts drop below that level. Figure 4% of that, $12,000 as a base amount of income for your withdrawal. (This is your variable income. Your Social Security and pensions are your ‘Fixed Income’. I take money from my investment accounts quarterly ( in this case $12,000 divided by 4, for $3,000 every 4 months). In quarters where my investments have done better than 4%, I withdraw a little more, in quarters where the investments have done badly I withdraw less, or even maybe zero. In the early years of retirement I’m withdrawing from my regular brokerage account, at 73, when Required Minimum Distrubition kicks in, I’ll withdraw from my Traditional IRA. Later, at about age 80, I’ll start withdrawing from the Roth IRA. (As the Roth is all tax free, and who wants to worry about taxes after age 80. You have to come up with some kind of withdrawal strategy. Oh, and while you’re doing your ‘practice run’ pretend retirement experience, don’t forget to pay attention to what other things you’re missing about working and plan for those. I found I was missing companionship, so I planned to join some groups, maybe take some classes after retirement, and I got a small dog. I also missed having a routine, so I set up for myself a basic daily routine.
Goda get dem stokz. Get it get Whhaaaaaa. get the stonks boiiiiii. TSLA BTC VOO Get it Git Yeahhhhh. Im all in on VOO but im looking at TSLA and like damn thats cheep, but they dont got the lead like they use to with Nvidea and BYD
Educate yourself on what to invest in!! My 401k is through the roof!!! Quit being manipulated by right-wing media! The stock market is at all time highs!!!
The average stock in my portfolio has been cut in half, and the only way to make money this year has been to either short or to trade long in very short time frames. I'm still at a crossroads deciding if to liquidate my dipping $117k stock portfolio, what’s the best way to take advantage of this market?
George help! What do we do?! We are in our 30s with a family. We are debt free and on baby step 4. We don’t have a mortgage and currently rent and contributing to our Roth IRAs and saving for our future home. Do we continue to put in the 15% to our Roth or hold off and put the money into saving for a home? We have a down payment but bigger would help keep it in your perimeters! What are your thoughts?
Always be investing. Dollar cost averaging is the BEST way to track the stock market and achieve the highest average returns. Chasing it up or down statistically loses vs the average. Even just consistently investing in semi-monthly 401k contributions over your career will out earn most day traders and those who think they are beating the market.
Investing in the stock market is a good idea for those that have the patience for it because there is always the risk that one could lose everything. Using a practice app is advisable for those that have never invested in the stock market so that they can experience the sorrow or dopamine hit of seeing their investment value fluctuate up or down. Be wise, be moderate, be patient.
Let say you have some money saved, would it be wise to borrow the rest, if the interest rate on the loan would be lower than the rate of return? Big business makes money by using other people's money.
The stock market is valued in dollars. We've been destroying the value of a dollar. Of course it's hitting highs. Every time we have high inflation, it's makes the stock market look good, then it usually crashes.
Noteworthy video. I need suggestions for stocks to spread across the market that can aid in achieving my 7figure ballpark portfolio goal this year. I have about $230k in TSLA only and I know times are uncertain now.
Well agreed, for 5 years now, I've had a license professional actively restructuring my portfolio, cos my job doesn't permit me the time to analyze stocks myself and in return, I've realized nearly $1m after subsequent investments to date. Quite straightforward
i've started gaining more cash flow with my employment and looking at putting money into stocks and alternative assets that can help build wealth over time, mind sharing info of the professional guiding you pleas?
@@lawrenceHart-ys2ct i've started gaining more cash flow with my employment and looking at putting money into stocks and alternative assets that can help build wealth over time, mind sharing info of the professional guiding you pleas?
People want to be like Joe Kennedy. Buying at the rock bottom and then making a fortune when it goes right back up. Timing the market almost never works out and you miss out on all the gains every year by waiting.
Heres a slightly different question. If you had 10000 dollars to invest in the stock market, would you put it all in in one go, or would you drip feed it in over time?
The ol' lump sum vs dollar cost averaging question. You'll typically be better off doing a lump sum. However, in the off chance you invested at the peak and the lump sum was a lot of money for you, you'll be kicking yourself. Dividing it up over 6 months or a year will remove some emotion from the investing if things go south right away. There likely wont be a huge difference dividing it up over a year and doing it as a lump sum, so do what you like.
It’s humbling to have to go back to restocking an emergency fund. I was investing a year ago but work got so slow (thankful for the emergency fund) but I’m still waiting for it to pick back up and there are signs it will soon. So, I have to not invest until my emergency fund is even larger than it was last time. I went from 4 months but now I want 6 months given this last experience 😱
@@thedude5040 When I say below $100 that is obviously referring to the stock as it is now, not the literal price on the screen. The fact you say the price of a stock the S&P has no relation to the S&P just further hammers home the point of how smooth brain you are to understanding how any of this works.
The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional
No, you should spend a little time learning about the market. What I did - I put $200 in and bought a little bit of a bunch of stocks, observed their behaviour for about a year, moving shares from stock to stock. I just sorta sat in the market with monopoly money to learn about it, acting like it was a real investment but with no risk. Gradually moved up, made mistakes along the way, and only after some time did I figure out what I was comfortable with to distribute all of my savings. Or, you could hire a professional. Someone you did not meet online, that is.
Yes. Get in the market with an index fund. If you’re not Warren Buffet, forget about individual stocks. You can still take time to figure out what you want to do, but your money is not sitting by the sidelines while you figure it out.
What a delicious decision to have. I had a similar decision to make a year ago. Max out that tax free yearly allowance on a stocks and shares index fund Roth. Then put the rest in a high interest savings account and spend the next year reading as much as you can about your options.
If you want to roll the dice, sell a portion of your portfolio and leave it as cash. IF the stock markets take the biggest dump since Covid, then you get a sweet re-entry price, if it keeps going up, then oh well, we didn't time the market
@@glen46823 It isn't one bad week, it is a systemic failing. That "tremendous" market doesn't actually represent real value. It is pure speculation and hyper-leveraging fueled through government debt-spending. The music will stop eventually. It should have stopped in 2008. It should have stopped in 2020. The government managed to kick the can down the road but every time they do it makes the inevitable outcome worse and the efficacy of future market interferent less effective.
This will age poorly once Fed cuts rates. Historical data shows retraces upon cuts. George is telling people to invest at ATHs. Everyone's financial situation is different, so this advice might be relevant to someone. If you're a trader, the only purchases that make sense right now are swings, imo. If you're just a normy, good luck!
The comments section clearly demonstrates why investors underperform the SP500 on average. Everyone thinks they can outperform the index when statistically speaking 99% of people do not. Got to love the hubris. As George stated, do yourselves a favor and dollar cost average into the index and spend your time doing something other than trying to beat the market because chances are you will lose.
Coming out of facing alot, I knew two things about the stock market: It caused the Great Depression, and the fastest way to make a million on the markets was to start with two million. And then the Great Recession happened only a few years later. So yeah, I wish someone had better explained it to me earlier in life. Having a good entry and exit strategy will make you succeed in the stock market.
There are actually a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of Financial advisor.
Exactly, most of the investors pays more attention to the profit aspect forgetting that the market involves ups and down. securing your financial position requires lots of patience and proper education on the market so as to know the right profitable stock to buy and invest in. I made over $260k in profits, from just the Q4 of 2021. Investing in the stock market is most profitable when you understand how the market actually works.
I really acknowledge your comment, i have been trading stocks for a while now but i have not been able to make much. how do you achieve this feat?
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
She appears to be well-educated and well-read. I just ran a Google search for her name and came across her website; thank you for sharing.
Started my portfolio last year with SCHD, VOO, and VUG after watching one of your videos. In terms of share price, VOO is way up (22.25%) and VUG is waaaaay up (39.62%). Thanks for the education!
Isn't VOO and VUG similar in the sense both are investing in the S&P 500? What is the difference? I thought it is generally advised against to invest in multiple ETFs or Mutual Funds?
There is 55% overlap with the holdings in VOO and VUG. 1 is tech heavy and the other is financials heavy similar, but not the same. VOO tracks the S&P 500; VUG is just focused on large cap growth stocks. VUG is a bit more volatile, but with a higher upside potential. VOO is a bit safer. I’ve never heard anyone advise against multiple ETFs/mutual funds. You just have to be aware of overlap. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.
I'm sitting on some significant money ready to toss it into VOO, but I'm kinda hoping that price drops a bit. I know we only want to see the stock rise, but being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Finding financial advisors like Marisa Breton Dollard who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
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.
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
My CFA ’Melissa Terri Swayne’ , 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.
Easy: Vanguard Target Retirement Funds -- pick the age appropriate fund, ideally in a tax advantage account (401k, IRA, etc) -- and let it all ride in there. Don't ever sell until you are in retirement -- just keep buying and accumulating more during your working years, maxing out the IRS contribution limits for the 401k/IRAs first. Once you hit the IRS contribution maximums: then open a regular investing account and use the same Vanguard retirement index fund for that account too.
I've been doing this for the past 20'ish years and am about to hit my first $1mm -- I expect the 2nd million to come a lot quicker -- the growth starts snowballing, just NEVER sell.
Admit you can't manage this and buy VOO. You're better off working a second job instead of wasting time on losing more money.
The S&P 500 moved 8.9% higher last Month, achieving one of its best monthly performances in history.. which is an indicator for profits to continue to improve. I just want my money to keep outgrowing the inflation rate. I'm still looking for companies to make additions to my $500K portfolio, to boost performance. Here for ideas...
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective consider financial advisory for informed buying and selling decisions.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Glad to have stumbled on this conversation. Please can you leave the info of your lnvestment advlsor here? I'm in dire need for one.
Rachel Sarah Parrish is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me so
When the market I down, it’s on sale!
Market highs can sometimes be followed by corrections, but predicting the timing and extent of it is challenging. I've heard some analysts talk about a 'massive' correction. It makes me wonder if it's time to adjust my $2M portfolios or maybe even consider some defensive investments.
Consider diversifying your portfolio with a mix of stocks and stable assets. Seeking professional advice now could provide valuable insights and strategies to navigate market uncertainties and protect your investments.
Accurate asset allocation is crucial, and some individuals use hedging strategies or allocate part of their portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in returns on invest-ments.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
*Sharon Lynne Hart* is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Thank you for sharing, I must say, Sharon appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled a call
My wife and I net-worth was 62k April 2020.
Just hit 550k this week…
The market took a big dive before April, 2020 that hasn't been seen since 2009,The key to financial stability is having the right investment suggestions for a diverse portfolio.
Where did you invest? I'm just trying to learn where or how do I begin so I can start the journey of compound interest. I am 24 and have saved some money, I just do not know clearly where everyone seems to know to put their money. It just says S&P 500 but I don't understand what that
means
I'm 33 just got out of debt I might be behind compared to my peers I'm not happy but satisfied that I’m debt free only want to focus on investing I would appreciate if you recommend your advisor for the right knowledge.
Have you not heard of Amelia Jason !
You know her too ? I'm also a proud beneficiary of her superb platform. There are the biggest custodians. After this I also would not be asking investing advice in the UA-cam comments. 80% are scammers.
Putting well-earned money into the stock market can be over emphasized for first-time investors, unlike a bank where interest is sure thing! Well, basically times are uncertain, the market is out of control, and banks are gradually failing. I am working on a ballpark estimate of $5M for retirement, and I have a good 6-figure loaded up for this, could there be any opportunity for a boomer like me? I'm nearly 60.
If you're new to investing or don't have much time, it's best to get advice from an expert. Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.
Accurate asset allocation is crucial. Some use hedging or defensive assets in their portfolio for market downturns. Seeking financial advice is vital. This approach has kept me financially secure for over five years, with a return on investment of nearly $1 million.
Glad to have stumbled on this comment, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?
Rachel Sarah Parrish a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
Even if you start now and lose some portfolio value while you continue investing long term, it teaches you straight up to get used to negative fluctuations. You’ll be okay in the end ultimately it doesn’t matter if your horizon is a decades in the future.
Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.
the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.
impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now
Laila artine kassardjian' 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
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
I have followed Tom Lee all last year, and he was right thus far, but SPX just above 5000 what assets/sectors will drive the next bull trend. I cashed out before the last dip, now I have less than a 200k to average down with. Any ideas? Should I get into short positions in the remaining Q1 or is it headed higher?
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
Q1 is over but inflation is not. there has been heavy spending for households. I hope the AI Rally keeps going strong.
Its unclear which stocks and sectors will continue driving the uptrend. Stay away from readjusting 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 large following working for me.
Who is this Monica you speak about? I have been searching for an advisor who can direct us on where the economy is headed new year.
Monica Mary Strigle just do your own research you’d find details. No kidding I have made a 218% gain since began rebalancing as many times as she suggested. The bear market isn’t so bad if you know where to look.
As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?.
Well as you know bigger risk, bigger results, but such impeccable high-value trades are often carried out by pros.
People dismiss the importance of advisors until they are burned by their own emotions. I remember a couple of summers ago, following my lengthy divorce, I needed a good boost to assist my business stay alive, so I looked for qualified consultants and came across someone with the highest qualifications. She has helped me raise my reserve from $275k to $850k, despite inflation.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?.
Actually its a Lady. Yes my go to person is a ‘Michele Katherine Singh '. So easy and compassionate Lady. You should take a look at her worK
Thank you for this amazing tip. I just looked the name up and wrote her
up, to schedule a call. many thanks
Folks, nothing in his video is wrong . Regardless of the current market, the point is you can't time the market so you invest long term regularly. If anything, the current market proves the point.
Top comment.
"so you invest long term regularly"
Antiquated advice. The world we are entering into is nothing like the world that existed 1900-2008. Investing, holding for 40 years, and retiring is outdated. Especially when debt and liquidity problems are rising. Having access to your money and being able to adapt is vitally important. With global demographic decline and inflation, liquidity funneling into investments will gradually dry up in the coming decades. It isn't sustainable. Will the market eventually recover? Sure. But being forced to hold for 20 years just to break even is a lot of lost opportunity.
@@LaFonteCheVi so, what is your "modern" advice, since you disregard learning from past experience and have a crystal ball to predict the future? You say the world we are entering now is nothing like 1900-2008, which can be both true and still irrelevant.
@@LaFonteCheViI know some who were saying similar things to you after the 08 crash, pulled their investments and never invested in the market again after that, too scared not understanding that it’s a long term game. Boy are they sorry they did that. America as a country isn’t even close to being tapped out, even under this awful presidency, little blips on the radar. We are still the most moved to country and still the best environment for business and entrepreneurs, and we have the most arable land mass with plenty room for growth. We are still a young and developing country in the world.
@@LaFonteCheVi What is the alternative?
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Elizabeth Wesley.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
she's mostly on Telegrams, with the user name.
Wesley215 💯
With around $120k invested in Alphabet stocks, any suggestions for additional stocks to diversify across various markets? Looking for a well-rounded portfolio that balances risk aversion with returns meeting yearly inflation concerns.
Stop buying every stocks you see some youtuber recommend sometimes they do that to pump their bags. Seek guidance from a financial advisor instead of relying on UA-cam for investment advice.
I'm considering a review of my $600K portfolio allocations, particularly in light of the interest rate sagas. I'm diversifying into tech stocks and renewable energy. They seem promising but i'm not so sure
It's crucial to have a well-thought-out strategy and not make impulsive moves based on short-term market fluctuations. Patience and a long-term perspective are key. You should consider a market expert to guide you.
Accurate asset allocation is crucial, and some individuals use hedging strategies or allocate part of their portfolio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay financially secure for over five years, yielding nearly $1M in returns on investments.
True, the market can be unpredictable. How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my portfolio.
Do you mind sharing info on the expert who assisted you?
“Monica Shawn Marti” is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.
People listen, “it’s not about timing the market, but about time in the market”. Who cares if it drops 6% or 30% especially if you are under 55 years old. History has shown that it always recover.
Pro tip) don't time the market, and get your emotions out of your investment account. It'll get you burned
That’s why people like you are always broke
Which application should we use to start investing?
As an elder millennial, one of the few advantages is having lived through the Great Recession, Election and Economy Crisis. My advice. Reduce unnecessary expenses, increase your savings by investing in financial markets and do not sell. One thing I know for sure is that diversifying your income can help insulate you from much of the craziness going on in the world.
The investment you choose isn't right or wrong, just depends on the kind of business person you are or simply the kind of person you are. However, the end game is investing money long term creates wealth every time. Just pick what you like and understand, invest and it will pay off. A lifetime of investing for 5 mil is not hard to accrue.
That's true...I'm thinking of investing in stocks or digital assets to grow my money for the first time, but I lack the in-depth knowledge and mental toughness to deal with these recurring market conditions. please any advice or pointer on how to outperform the market producing good returns
You're absolutely right! It just takes a good mindset and nerves of steel. I was deeply invested in 2020 with the economy crisis being bad, divorce and me with no job, so i had to work my savings in a well-diversified portfolio of stocks and digital assets that grew 4x with capitalization, venturing is not necessarily just about funds but also to be well informed. It's a long term plan for me so I invest and reinvest
Exactly why I enjoy my day to day market decisions being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/ analysis they have, it's near impossible to not outperform, been using a portfolio-coach for over 2years+ and I've netted over 400k
Mind sharing info on the adviser who assisted you? been saving for pension since age 21 - company scheme. along the way I hit higher tax, so I added to my company pension with a SIPP (tax benefits) I'm 48 now and would love to grow my finance more aggressively, there are a few cars I still wish to drive, a few mega holidays, etc.
lol how long ago was this made
All of '24 SP500 has been in record territory
Did you watch the entire video? lol @6:!5
If prices in the stock market are low or down that is the best time to buy if you know those particular stocks or items or businesses are going to rebound which the vast majority in the S&P 500 do
@@motoryzen The best time to buy is, on average, is always right now. That's why steadily investing constantly over time is the best option for just about everybody.
For the SP 500 index fund the time to buy is ALWAYS. I have consistently invested in it for 25 years. Started in the 2001 crash, through the 2008 housing market crash, through COVID, it has never let me down long term.
So far, this year, I have been making bank in the SP 500. I don't know where you all are getting your wrong information that the stock market is low right now, it is doing great in 2024!
What about opportunity cost when paying off low interest debt? If you have a 2-4% debt, you're doing the bank a favor by paying it off in a world with 5% risk free yields and a roaring market.
That was my thought too when he mentioned consumer debt. My student loans are at 2.4%, I'll be making minimum payments on those forever. Any extra money does more for me even in a high yield savings account as opposed to making greater than minimum payments on that debt.
Great Video.
1. Invest every month (DCA), no matter if it’s going up or down.
2. Time in the market, NOT timing the market.
3. Compound interests. Reinvest.
4. ETF’s S&P 500.
5. Discipline and consistency. Repeat.
You can really tell your viewers don't know the first thing about the stock market. A couple weeks of red and they think there's a crash, or that this video is badly timed.
People, have a look at your 3 month charts. All very very green. This is called a CORRECTION and it's healthy. Get off of wall street bets please.
This. Exactly.
Sucks if your a new investor though. My overall return just turned red 😢
Nothing about the market is healthy. It's fundamentals are incredibly bad. 3 months? That is nothing. People look at the last 10 years as if it is some amazing thing, not realizing that the growth is unsustainable and largely a by product of speculation, government spending, and over-leveraging. It isn't real growth. Every single year there is a greater disconnect between the market and the real markets. Every single year businesses and the government takes on more debt while producing less value. Workers are less efficient and uninterested in working. The pillars of society itself are cracking. Demographics globally are in decline. And all that amazing growth that occurring over the last 100-ish years? Yea, that was a product of the greatest demographic situation in human history. Something that is no sharply reversing. Virtually every economy on Earth is on an unsustainable course.
When will it tip over? This year? Next? 5 years from now? Who knows. But the reality is if you are planning invest and hold for 20-30 years you are making a massive mistake.
@LaFonteCheVi but have you considered the transformative nature of AI? I think there is alot of reason to highly value companies like Google, Microsoft, Nvidia etc. when we are on the cusp of a technological revolution not seen since the invention of the internet.
Why'd he change the thumbnail that said "sell?" He was the one fear mongering.
Alright people, which markets you watching!? S&P is all time high. If you’re not invested, give it a few and jump in on the way down, if you are already invested, continue to invest in gradually and average down as things fall. Based on all previous history ever, you will win. No need to be haters.
The faster and higher things rise, the faster and harder things will fall. The market isn't based on actual value-production. It is debt and speculation fueled. The real economy is highly over leveraged and unhealthy.
"Based on all previous history ever, you will win"
You cannot predict the future market based on the past. The last 100 years of market activity is a massive historical aberration. It is abnormal. The problems we are seeing are a result of that system coming to an end as all economic systems inevitably do. Also, your claim isn't true. Economic "eras" come and go. They rise and fall. Nothing is eternal, and currently we are at the end of one of them. Smart money looks toward future opportunity, not relying on old school static investment methods.
@@LaFonteCheVi I love this take. I can sit here and come up with every edge case, possibility, or whatever it may be. At the end of the day, I’m just a regular person who decided to learn more about personal finance than most, but not to any level near a CFP. We’re the nerds that take pride in knowing how to handle our financial future and can only give a snip of info that is not right for some but also not wrong for some.
I have a life outside of personal finance and my strategies work for me. I don’t plan to become a CFP just to take care of one aspect of my already complicated life. The advice here is great for the newbies that have no idea about anything we’re talking about. Let them live and learn. My decision to comment comes from defending the newcomers that have no clue from all these comments coming from people that are wrong. Wrong in a sense that you can pull up a chart and see for yourself what’s going on.
If we are at an end of times, no one has any clue what’s coming next and you might as well put it all on red if you want to stand in that crowd. If you want to have a chance in a world where we are NOT approaching end of times, follow the basic steps this channel outlines. Maybe it’ll spark interest for those folks and they’ll become like us, more informed to make better decisions financially.
Where is the best place to invest on the S&P 500? Platform, website or anything that you would recommend? I just know i have to invest, but dont know where to start. Thank you George!
This is the way.
Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios in the last 3rd half of 2023 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder
The truth is that this is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. My friend just pulled in more than $84k last month alone from his investment with his advisor. That is how people are able to make such huge profits in the market
nice! once you hit a big milestone, the next comes easier.. who is your advisor please, if you don't mind me asking?
WHITNEY KAY STACY is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
All the previous comments are good. My focus, at age 71 : always max 401K company contributions; then max Roth IRA; then complete with Roth 401K. My Roths are much easier to plan my distributions and estate planning.
I can do everything but the student loans. My loans are essentially a mortgage, so by the time I pay that off I'll be way, way behind on investing.
Remember be fearful when others are greedy..
Just always be buying. It’s that simple. DCA automate index funds and balance with bond funds if you are closer to retirement and get on with your life. Don’t obsess over the market. It’s up 8 out of 10 years.
Great video. 2 ish questions. Do you consider your company match to be part of your 15% income you invest? Also why do recommend HSA investments after maxing lets say a roth 401k? Is it simply compound interest working harder in accounts your able to contribute more to?
Company match is not considered part of the 15% contribution. HSA amounts are also contributed before tax and are used for reimbursement on medical expenses, so it saves you the tax on the medical expenses.
Nice. I have been building a 401k since my old life at UPS and its building on my now jobs 401k. Dad has been talking me up on a Roth IRA.
this musta been recorded a few weeks ago
Buy now!
"It's not about timing the market, it's about time IN the market."
True, but it's still annoying to convert your entire portfolio to the S&P 500 at what turned out to be a peak, so within 3 days you've lost like $10,000. I know it's gonna come back up, but still annoying! :P
I've lost $30K just last week on my 401K. Last week sucked!
Yea, the last 3 weeks have sucked. I don't want to say how much I've lost on paper but it's a lot.
@@marklines5816 You haven't lost any $$ unless you pulled it out my friend! Try not to watch your 401K too often :)
You don’t look at it more than once a year. It will stress you out if you look at it regularly. You’re going to be investing for 30 years or more.
@@strngenchantedgirl Sure, I agree with you, and you're correct in principle. But in practical terms, it's very hard to do if you actually track your finances or even just read financial news. Also, not everyone has the same time horizon.
Thank you for your Educative videos .. If there is one thing I have learned in recent months it is to remain calm, especially when it comes to investments in cryptocurrencies. Learn not to sell in a panic when everything goes down and not to buy in euphoria when everything goes up. I advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses. Bitcoin going up is good for the entire market and you can not tell if it's going bearish or bullish. I Would say More emphasis should be put into day trading as it is less affected by the unpredictable nature of the market.I have made over 31btc from day trading with Kelvin Hurdle insights and signals. in less than 2 months, this is one of the best medium to backup your assets incase it goes bearish...
He is KelvinHurdle in TE L E G R AM...
Bitcoin's role as a store of value and its potential for future growth make it an attractive investment option. BTC trading can be a thrilling way to participate in this digital asset's journey.
Kelvin gave me the autonomy I need to learn at my own pace and ask questions when I need to he so accommodating.
Investing has proven to be an incredibly beneficial decision. My cryptocurrency profits continue to play a substantial role in growing my overall wealth, reducing my reliance on my salary…
Kelvin Hurdle, understanding of market indicators is impressive. He knows exactly when to enter and exit trades for maximum profit. his siignals are top notch
One thing I think should be talked about more often is short-term investments (less than 5 years). I know Dave has previously called CDs “certificates of death”, but they have been paying pretty well lately. Not a bad spot to earn over 5% on my money and it’s FDIC insured.
Dave actually calls them "certificates of depreciation," not death.
@@bettedavis9261 He's actually called them by both, not that it matters.
An alternative to CDs would be T-Bills. Short term t-bills (13 or 26 week) are currently paying over 5% (5.36 was the last I picked up).
@@richard1113I’m unfamiliar with T-bills but I will look into them, thanks.
Digital converter is leaking ice cream 😂😂😂😂😂😂
Time to replace the blinker fluid
@@SLstunts 😁🤣
I’m just checked the stock market. It has done better but there’s no high where change information.
I listen to George on my commute to work and home. He really makes me laugh! The videos are informative and entertaining. Keep them going!
The fact that people are saying the S&P is “crumbling” has to be a sick joke. You obviously haven’t looked at the big picture
I like to save up the George Kamel videos for a week or two so that I can binge watch them all at once. This enabled me to cancel Netflix. So just the act of watching these videos is saving me money.
lets short the s&p 500
You will loose your hat
Easier to set your cash on fire
Always Be Buying - The Money Guy
Dollar cost average. Invest every day.
Changed my contributions to weekly, but I think the long term results of those don’t really change as long as monthly it’s the same amount? Like 1000 weekly vs 4000 monthly is essentially the same? Idk
How do I change my investment with my work sponsored 401k that is through Fidelity? They have me on something like TRP 2040 or something like that. How do I change that to the S&P?
What is the best way to invest into s&p500 from Europe?
I follow all of your tips along with the whole Ramsey team. I am a Canadian. Can you offer advise that is also aimed at other countries like Canada?
Dave's a moron.
So we’ve invested and we’re ready for retirement. How do we spend those retirement accounts in a way that we don’t run out of money?
First, go to the Social Security website and find out what your proposed monthly Social Security amount is. Next, figure out what your Potential Retirement Budget is. What working expenses will you no longer have. Then, do a ‘dry run’ a ‘practice retirement’ where you live on that retirement budget for a short time. Ask yourself, what expenses might I need to trim from my current budget to live on my retirement budget. Work on trimming those areas from now until retirement. Then decide what you are going to do with your 401ks. I’d recommend doing direct rollovers to IRAs. Regular 401 k to Traditional IRA and Roth 401k to Roth IRA. You gain more control over your money that way. Work with your brokerage house to set those up and research the procedure of how to do that through them. Now, start to view your accounts as ‘income generators’ instead of ‘savings accounts’. Invest your money into the accounts so it will generate income ( the returns). Similar to your Mortgage, this involves deciding which number is your ‘principal’ ( the portion to keep in there to generate income). For example you decide your ‘principal’ is $300,000 of what you have in your accounts. This means you will never let your accounts drop below that level. Figure 4% of that, $12,000 as a base amount of income for your withdrawal. (This is your variable income. Your Social Security and pensions are your ‘Fixed Income’. I take money from my investment accounts quarterly ( in this case $12,000 divided by 4, for $3,000 every 4 months). In quarters where my investments have done better than 4%, I withdraw a little more, in quarters where the investments have done badly I withdraw less, or even maybe zero. In the early years of retirement I’m withdrawing from my regular brokerage account, at 73, when Required Minimum Distrubition kicks in, I’ll withdraw from my Traditional IRA. Later, at about age 80, I’ll start withdrawing from the Roth IRA. (As the Roth is all tax free, and who wants to worry about taxes after age 80. You have to come up with some kind of withdrawal strategy. Oh, and while you’re doing your ‘practice run’ pretend retirement experience, don’t forget to pay attention to what other things you’re missing about working and plan for those. I found I was missing companionship, so I planned to join some groups, maybe take some classes after retirement, and I got a small dog. I also missed having a routine, so I set up for myself a basic daily routine.
Goda get dem stokz. Get it get Whhaaaaaa. get the stonks boiiiiii. TSLA BTC VOO Get it Git Yeahhhhh. Im all in on VOO but im looking at TSLA and like damn thats cheep, but they dont got the lead like they use to with Nvidea and BYD
Invest 80% C/ 20% S in your Roth TSP at 15% monthly and don't look back.
My 401(k) is taking a s**t, What are you talking about?
George should know that the 401k is tied to the stock market.
Educate yourself on what to invest in!! My 401k is through the roof!!! Quit being manipulated by right-wing media! The stock market is at all time highs!!!
I always buy on red days
The average stock in my portfolio has been cut in half, and the only way to make money this year has been to either short or to trade long in very short time frames. I'm still at a crossroads deciding if to liquidate my dipping $117k stock portfolio, what’s the best way to take advantage of this market?
Salt and Pepper were the shiz back in the day. Can't wait to hear this.
Petition for George Kamel to talk about investing with us fellows EUROPEANS !!!!!!!!. WE WATCH YOU TOO, BUDDY.
He’s good looking!.!.
George help! What do we do?! We are in our 30s with a family. We are debt free and on baby step 4. We don’t have a mortgage and currently rent and contributing to our Roth IRAs and saving for our future home. Do we continue to put in the 15% to our Roth or hold off and put the money into saving for a home? We have a down payment but bigger would help keep it in your perimeters! What are your thoughts?
worst timing for this video as stock market is crumbling
Literally🤣
And the dollar is on its way too😅
Crumbling?
Your looking at a few days change which doesn't matter
I don't think that word means what you think it means
Great video, George. You are funny.
Always be investing. Dollar cost averaging is the BEST way to track the stock market and achieve the highest average returns. Chasing it up or down statistically loses vs the average. Even just consistently investing in semi-monthly 401k contributions over your career will out earn most day traders and those who think they are beating the market.
Investing in the stock market is a good idea for those that have the patience for it because there is always the risk that one could lose everything. Using a practice app is advisable for those that have never invested in the stock market so that they can experience the sorrow or dopamine hit of seeing their investment value fluctuate up or down.
Be wise, be moderate, be patient.
Let say you have some money saved, would it be wise to borrow the rest, if the interest rate on the loan would be lower than the rate of return? Big business makes money by using other people's money.
No
It’s been in the red (down) for the first half of April. Is this the ‘it’s time to pay taxes’ effect? The last half of April and beyond will tell.
The stock market is valued in dollars. We've been destroying the value of a dollar. Of course it's hitting highs. Every time we have high inflation, it's makes the stock market look good, then it usually crashes.
Noteworthy video. I need suggestions for stocks to spread across the market that can aid in achieving my 7figure ballpark portfolio goal this year. I have about $230k in TSLA only and I know times are uncertain now.
nasdaq & sp500 exist for a reason, but its okay to consult a portfolio coach if you consider yourself a rookie
Well agreed, for 5 years now, I've had a license professional actively restructuring my portfolio, cos my job doesn't permit me the time to analyze stocks myself and in return, I've realized nearly $1m after subsequent investments to date. Quite straightforward
i've started gaining more cash flow with my employment and looking at putting money into stocks and alternative assets that can help build wealth over time, mind sharing info of the professional guiding you pleas?
@@lawrenceHart-ys2ct i've started gaining more cash flow with my employment and looking at putting money into stocks and alternative assets that can help build wealth over time, mind sharing info of the professional guiding you pleas?
People want to be like Joe Kennedy. Buying at the rock bottom and then making a fortune when it goes right back up. Timing the market almost never works out and you miss out on all the gains every year by waiting.
Heres a slightly different question. If you had 10000 dollars to invest in the stock market, would you put it all in in one go, or would you drip feed it in over time?
I had 20,000 last year and drip fed it in over the 12 months tax year.
The ol' lump sum vs dollar cost averaging question. You'll typically be better off doing a lump sum. However, in the off chance you invested at the peak and the lump sum was a lot of money for you, you'll be kicking yourself. Dividing it up over 6 months or a year will remove some emotion from the investing if things go south right away. There likely wont be a huge difference dividing it up over a year and doing it as a lump sum, so do what you like.
DCA always, but should be in Bitcoin. Do your research from both sides.
I just hope that my 403B starts to rebound. It has dropped $5K in the past week and a half. 😞
The market went down a few percentage points, don't cry over spilt milk
I would buy George coin any day! 😂
Pretty good means something worst
Stock Market record highs. Employee Pay record lows.
I was bummed that Salt and Pepper from Blue's Clues was not on the screen for the Salt and Pepper 500. Missed Opportunity George! JK JK :)
It’s humbling to have to go back to restocking an emergency fund. I was investing a year ago but work got so slow (thankful for the emergency fund) but I’m still waiting for it to pick back up and there are signs it will soon. So, I have to not invest until my emergency fund is even larger than it was last time. I went from 4 months but now I want 6 months given this last experience 😱
So I just invest on Mondays
The fact S&P still has tesla in it is crazy, tesla is not even a $100 stock now and will further bleed the gains.
Try FDLO at Fidelity.
Stock price has nothing to do with sp500. Tesla could do a stock split so it's stock price drops to $1, but the companies value stays the same.
@@thedude5040 When I say below $100 that is obviously referring to the stock as it is now, not the literal price on the screen. The fact you say the price of a stock the S&P has no relation to the S&P just further hammers home the point of how smooth brain you are to understanding how any of this works.
@@jared19882 my statement is still correct. Maybe you should seek mental services.
I need to go make sure my digital converter isn't leaking ice cream again. 🤣🤣🤣
I know nothing about trading /investment and l'm keen on getting started. What are some strategies to get started with?
As a beginner, it's essential for you to have a mentor to keep you accountable. I'm guided
by a widely known crypto
consultant
Mrs Kathy Lynne Colby
This is correct, Kathy's strategy has normalized winning trades for me also and it’s a huge milestone for me looking back to how it all started..
Kathy is considered a key Crypto Strategist with one of the best copy Trading Portfolios and also very active in the cryptocurrency space.
The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional
😂 you needed to drop this like 3 weeks ago. But luckily now is the perfect time to buy
Larry Bird's rebound game was better...
But, if someone, say a 30 yr-old with no debt and no investments, inherited $60,000, how quickly should they invest it into the market?? All at once??
No, you should spend a little time learning about the market. What I did - I put $200 in and bought a little bit of a bunch of stocks, observed their behaviour for about a year, moving shares from stock to stock. I just sorta sat in the market with monopoly money to learn about it, acting like it was a real investment but with no risk. Gradually moved up, made mistakes along the way, and only after some time did I figure out what I was comfortable with to distribute all of my savings.
Or, you could hire a professional. Someone you did not meet online, that is.
2/3 of the time, lump sum beats averaging in according to a study by Vanguard.
Yes. Get in the market with an index fund. If you’re not Warren Buffet, forget about individual stocks. You can still take time to figure out what you want to do, but your money is not sitting by the sidelines while you figure it out.
What a delicious decision to have.
I had a similar decision to make a year ago. Max out that tax free yearly allowance on a stocks and shares index fund Roth.
Then put the rest in a high interest savings account and spend the next year reading as much as you can about your options.
Is the chance at 10-15% growth while the economy is teetering on government support really worthwhile when I can get a risk-free 5% return?
Uhhhh...
Kamel Kamel Kamel!!!
Buy the top sell the bottom basically type of video here
A mutuall fund outperforming s&p500 😮😮😮😊😊😊
Damn digital converters, always leaking icecream at the worst possible time…
If you want to roll the dice, sell a portion of your portfolio and leave it as cash. IF the stock markets take the biggest dump since Covid, then you get a sweet re-entry price, if it keeps going up, then oh well, we didn't time the market
The market sucks right now George
@@glen46823 It isn't one bad week, it is a systemic failing. That "tremendous" market doesn't actually represent real value. It is pure speculation and hyper-leveraging fueled through government debt-spending. The music will stop eventually. It should have stopped in 2008. It should have stopped in 2020. The government managed to kick the can down the road but every time they do it makes the inevitable outcome worse and the efficacy of future market interferent less effective.
@@glen46823the sp500 in December 21 was 4,800. In December 23 it was 4,800. It took two years of a downturn and a catch-up. Not exactly tremendous.
This will age poorly once Fed cuts rates. Historical data shows retraces upon cuts. George is telling people to invest at ATHs. Everyone's financial situation is different, so this advice might be relevant to someone. If you're a trader, the only purchases that make sense right now are swings, imo. If you're just a normy, good luck!
7:06
Great timing lol...
HOW TO GET RICH QUICK - build wealth slowly.
Comment
I'm shocked this video was released on 4-22 when the market has tanked for the last month. SMH
Tanked?
@@zachdarr7605 Yes, S&P down 4.27% in 30 days. That's on pace for over 50% in a year.
@@todd2456 it’s literally still up 300-400 points from the beginning of the year
little late on this one
This comment is right on time though
The comments section clearly demonstrates why investors underperform the SP500 on average. Everyone thinks they can outperform the index when statistically speaking 99% of people do not. Got to love the hubris. As George stated, do yourselves a favor and dollar cost average into the index and spend your time doing something other than trying to beat the market because chances are you will lose.
Your edits crack me up. How do you come up with it 😅