Would love for you guys to remove the email to use your website tools. Every time we want to revisit we have to do it. The community has shown it is willing to give personal information for surveys just let us have our fun with the free wealth tools =)
I’ve seen before where you give them your email and that’ll auto send a password to the free content tool which your computer can save and “log in” with in a password box before. If you need to make it behind a wall, that would remove the friction for frequent users!!!
If you ever loan money to friends unless you can afford it and Don't ever expect it back. This can ruin long relationships and can cause hate towards that person or persons
I agree it’s hard to tell them apart. I’ve also seen other shows say like “show name highlight” when it’s a cut of the long show to be able to know don’t watch this if you’ve seen the whole show.
For the save 25% step of the foo does that mean all that 25% is invested in retirement or would that also include saving for a house and other things in life?
The 25% is an aspirational goal and the foo isn't a staircase but more like the market. Up and down through different stages of life. For buying a home great using their other tools like the home buying rules.
The Roth conversion question is a false equivalence. You have to first understand how the accounts work and when you do, the question doesn’t make sense. Think of it as a nominal versus real rate. Or look at your pretax as not all yours. The break even is immediate when you convert. It’s still the same amount of money to you…
There is a break even and, recent analysis has suggested that this point could be so far in the future, depending on tax conditions, it only benefits your inheritance. Basically, a conversion is paying taxes on the full converted amount now. Not doing so is paying taxes on that money through normal withdraws or through RMDs (ie over time). The break even is when the amount over time has totally more than the conversion taxes. RMDs and traditional withdraws can happen over decades, including 10 years for those after you pass away. It takes time to get to the point where, even with more favorable taxes now (topping out a bracket now or RMDs putting you into a higher bracket later), it will take times for you reach the point where, in constant dollars, the total of "traditional" taxes you have paid over time reach the amount you paid at time of conversion.
I agree with the small videos. I think the hr long videos are for ppl like us who are obsessed with building wealth. I try to get everyone around me to invest and sit at the head of their own financial table
I would think that a Traditional IRA, with all it's money growing, vs. a Roth, with only the after tax amount growing ........... if the current and the future tax rate is the same, then there is no advantage, or disadvantage to which one to use. But, if your current tax rate is lower than your future tax rate, then the Roth wins. If the current tax rate is higher than the future tax rate, then the Traditional wins.
Hey money guy team! Thanks for all you do! I’ve learned so much from you. Just one guys opinion, but maybe I’m not alone and the feedback can be helpful. The amount of self promotion in the show is becoming a little too much for me. Your shows used to be like 5% self promotion, mostly just focused on education, which I found wonderful. I feel like we’re up to 20%, and it feels a little uncouth/ egoistic. Between talking about your courses and abound wealth and Brian’s book… if it gets to be much more, I’ll unsubscribe. I listen to your shows for the eduction. All the promotion makes it feel like an hour long commercial, and makes you feel like other channels that are certainly not altruistic. I hope this doesn’t come across as harsh. Like I said, I’ve benefited so much from your show. If you want to monetize the UA-cam subscriptions, that seems reasonable. I, for one, might just have to bow out at that point.
Agreed completely. Between the constant self promotion and Brian's tangents it feels like the education rate is falling significantly with each video. I really like this channel and want to see it do well, it just feels like things are going in the wrong direction
The lack of timestamps is truly annoying. I can't find the one question I was interested in, the title of this vid. Spent 20min trying to find it. Feeling duped
Great content, as always! Could you help me with something unrelated: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How should I go about transferring them to Binance?
My parents always told me to never invest. That it's just gambling. Only pay down the mortgage. So glad I discovered material like this at age 27.
They probably think single stocks is the only investing tool.. index funds are a fairly new tool
Would love for you guys to remove the email to use your website tools. Every time we want to revisit we have to do it. The community has shown it is willing to give personal information for surveys just let us have our fun with the free wealth tools =)
I concur! At least make it a one time thing and just remember us? Lol
I’ve seen before where you give them your email and that’ll auto send a password to the free content tool which your computer can save and “log in” with in a password box before. If you need to make it behind a wall, that would remove the friction for frequent users!!!
Please describe the products or services that you personally give away for free in the businesses that you own?
IMO, this is a no-issue.
Seconded
I finally hit subscribe after watching yall for a year plus 😅 that segway at 16:31 got me. Perfect comedic timing and pause
If you ever loan money to friends unless you can afford it and Don't ever expect it back. This can ruin long relationships and can cause hate towards that person or persons
Most people don't want to learn about finances. They just want your money when they run out.
Hard truths cut both ways.
It would be helpful if the mini shows were titled to differentiate them from the regular large shows or show highlights.
Or if they were in a separate channel!
Maybe a dedicated playlist?
I agree it’s hard to tell them apart. I’ve also seen other shows say like “show name highlight” when it’s a cut of the long show to be able to know don’t watch this if you’ve seen the whole show.
I would like to see TMG have some guests on the show.
I always though "The Millionaire Next Door" was a true crime book.
For the save 25% step of the foo does that mean all that 25% is invested in retirement or would that also include saving for a house and other things in life?
For retirement
The 25% is an aspirational goal and the foo isn't a staircase but more like the market. Up and down through different stages of life. For buying a home great using their other tools like the home buying rules.
What happened to Rebe?
She is expecting a child soon I believe
I’m pretty sure she just had a baby so she is out for a while.
Baby time!
Ok, I've missed a couple of episodes. Congrats to her!
Did I click on the wrong video? I didn’t hear anything in this one about helping friends with money.🤷🏼♀️
Same
I want to see Bo's window fixtures
The Roth conversion question is a false equivalence. You have to first understand how the accounts work and when you do, the question doesn’t make sense. Think of it as a nominal versus real rate. Or look at your pretax as not all yours. The break even is immediate when you convert. It’s still the same amount of money to you…
There is a break even and, recent analysis has suggested that this point could be so far in the future, depending on tax conditions, it only benefits your inheritance.
Basically, a conversion is paying taxes on the full converted amount now. Not doing so is paying taxes on that money through normal withdraws or through RMDs (ie over time). The break even is when the amount over time has totally more than the conversion taxes.
RMDs and traditional withdraws can happen over decades, including 10 years for those after you pass away. It takes time to get to the point where, even with more favorable taxes now (topping out a bracket now or RMDs putting you into a higher bracket later), it will take times for you reach the point where, in constant dollars, the total of "traditional" taxes you have paid over time reach the amount you paid at time of conversion.
I agree with the small videos. I think the hr long videos are for ppl like us who are obsessed with building wealth. I try to get everyone around me to invest and sit at the head of their own financial table
Most know what to do but are undisciplined unmotivated to make it happen!
I would think that a Traditional IRA, with all it's money growing, vs. a Roth, with only the after tax amount growing ........... if the current and the future tax rate is the same, then there is no advantage, or disadvantage to which one to use. But, if your current tax rate is lower than your future tax rate, then the Roth wins. If the current tax rate is higher than the future tax rate, then the Traditional wins.
Hey money guy team! Thanks for all you do! I’ve learned so much from you. Just one guys opinion, but maybe I’m not alone and the feedback can be helpful. The amount of self promotion in the show is becoming a little too much for me. Your shows used to be like 5% self promotion, mostly just focused on education, which I found wonderful. I feel like we’re up to 20%, and it feels a little uncouth/ egoistic. Between talking about your courses and abound wealth and Brian’s book… if it gets to be much more, I’ll unsubscribe.
I listen to your shows for the eduction. All the promotion makes it feel like an hour long commercial, and makes you feel like other channels that are certainly not altruistic.
I hope this doesn’t come across as harsh. Like I said, I’ve benefited so much from your show. If you want to monetize the UA-cam subscriptions, that seems reasonable. I, for one, might just have to bow out at that point.
Agreed completely. Between the constant self promotion and Brian's tangents it feels like the education rate is falling significantly with each video. I really like this channel and want to see it do well, it just feels like things are going in the wrong direction
The lack of timestamps is truly annoying. I can't find the one question I was interested in, the title of this vid. Spent 20min trying to find it. Feeling duped
Great content, as always! Could you help me with something unrelated: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How should I go about transferring them to Binance?
You made an hour video on this? Could have been 3 seconds. “Do not loan money to friends.” Could have been a short 😂
Tell me you don't watch the whole video without telling me.
only the first 5 minutes is about the video title if you watch the video
@@justeder01for real. People like this annoy me 😂
Told my friends to invest in Bitcoin when it was $16k/coin. Now that it’s $100k/coin, I “just got lucky”.
Why does the girl look so disgusted by Brian and BO? Might want to smile for the camera so you dont look like you hate your boss. lol
Probably just focusing on trying to do a good job while not being so used to the camera. Hard shoes to fill!
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