I’m in the same boat. 52 with zero retirement savings. I’m planning on retiring at 62. I’m investing 3K/ month in stocks & ETFs. Better late than never.
Loved this! I understand you're trying to reach the younger demographic (and you're a university prof so they are literally your demographic😂) but huge thanks to the other"older" subscribers asking for this video. I'm in my 40s so I'm looking for a 10ish year retirement plan. I like your dividend series and I moved my IRA investments to SCHD and VOO. Always happy to watch your recommendations!✨ Happy new year Prof!
Hi Kristina! I am 47. My approach is this. 1.) extra payment to mortgage principle ( that will leverage a lot!) 2.) Traditional Roth IRA with an advisor 3.) Income investing on Robinhood : look into some REIT's, Bond ETFs, monthly dividend ETF's... and I am doing %20 of my weekly 25% income allocation into crypto as speculation.
Hello dear, well about 50% of my portfolio profit was from TSLA, GME and NIO, my FA was able to get me in early on most of these stocks and I exited just at the right time.
Followed your advice and I'm now have started investing in VOO.. 14 shares now and DCA of $200 weekly...I'm 49 and started investing 4 months ago...thanks for inspiring a lot of ppl esp.Me😁
I appreciate you and the time that you set aside to educate I am currently 54 years old so the reality is setting in the magic 10 years the countdown has begun. I have several of the ETFs that you mentioned on your previous video and I am going heavy. Thank you for all that you do.
Love this as well! I’m 52 and 9 years out from retirement. I’ll have a good pension and have saved a good amount already in my 457 and Roth. I plan to take some of your advice on asset allocation and make some changes to my portfolio. Great content as usual and I’m glad that I found your channel! Keep up the great work 😊
Thank you, professor G. That was very usefull. I am not going to retire in 10 years, but hopefully I am going to accumulate some weatlh. Basic strategy is investing 15% of my income, plus everything that investments give, for whole period. Half in ETFs (tech, health, communication, EV's anything that looks to be OK in next decade), other half in stocks (no more than 15-20 companies) which I pick by coping superinvestors, plus doing some of my own filtering (low p/e, no debt, etc.). No crypto for me, because I cant get my hands arround it yet.
Thanks for the videos and sharing your knowledge, I have been really enjoying them. I have been investing in DGRO, SCHD, SPLG, VNQ and VWO equally divided by 20% in each.
Hi Professor G. Thanks for singling out and answering my question. I wanted your input to either validate what I'm already doing and/or change what I'm doing. You'll be happy to know that I had already: 1. obtained the services of a fiduciary financial advisor 2. I've owned rental properties that I sold in the past and wish I hadn't, BUT I'm in search of another rental property to purchase 3. I took your advice and started contributing to my Roth IRA and have bought some SCHD shares. I'll continue to load up and max out my contribution every year going forward 4. I kept some cash on hand in a 4.05% bearing savings account I stumbled across your videos and I've been watching them as they come out. Thank you so much for all the VERY valuable information you provide to me and the rest of your subscribers. 😊👍🏻
I would be doing better just like the rest of the investors if the market wasn't crashing and burning. Although we saw some sputtering in an upward swing today. Thanks again and keep those videos coming!!
I invested in the ITB US Homebuilders ETF instead of investing in real estate. Great returns and no hassle like you would have with rental properties. Also invested in SMH,XLK, and IBIT bitcoin ETF to round out my portfolio. In ten years I hope to be sitting on a stack of cash.
Still five years away from full retirement, we bought our rental condo 14 months ago. It pays for about half the expenses, the other half we write off the taxes to help offset our back door Roth conventions
Great Information. TY Professor G. I think I understand what you are driving at. Really good ideas to think about. It’s about playing the long game and understanding the future possibilities.
Love the channel. I like to see how your videos have gotten more "smooth" over time. I am 20 years old and I am about to start college. As I am from europe I have started investing in funds and ETF's through my bank. I am primarily focussing on middle to high dividend ETF's and ETF's and funds that follow the S&P500 together with danish funds to invest in my countries own economy. My goal is to set aside about 100$ each month while I go through college.
Happy New Years professor G and thank you for including and addressing my comment (ken Johnson) concerning older investors looking to retire in 7-10 years. I know a majority of your viewers are younger but us older viewers are watching as well because the content is so informative, so thank you and continue to keep us older investors in mind on future videos. my portfolio in 2023 is focus more on building a strong and safe foundation with Just ETFs in a ROTH account. I know you mentioned owning real estate, but living in NYC, I’ll just stick with REITs lol. Since there is a ROTH limited, I’ve created another dividend portfolio with 23 stocks and Four ETFs. Hopefully I’m not spreading myself to thin to make a difference. I also wanted to say since finding your channel I’ve watch all of your content plus tik tok which have been very informative and I plan to continue watching to learn even more. Keep up the great work.
Hi Ken! Thanks again for the question and I am actually seeing that more and more regular viewers of my content are in that age category, so expect much more! Thank you for following along and for the kind words. I’m here to help where I can!
Another older viewer here. I’m 47 and watch more trading and market recap videos (eg, Gareth Soloway, kitco, Steve VanMeter, etc), but watch some of yours for insights for my 27 & 14yo daughters and even myself. This 10yr plan video caught my eye as I’ve long had a goal of retiring at 50, which became 55, and is now indefinite due to life events, mostly large unforeseen medical expenses. The video is very pragmatic following the idea of being more conservative the closer one gets to retirement as there’s less time to recover from a loss. The issue is this approach uses techniques that take 3-4 decades to build a sufficient amount to retire on. A decade or so timeline requires - at least for me - outsized gains, so going heavier toward metals, miners, and once BTC ETH bottom will be investing in those as well. Of course dividend stocks and ETFs will continue to be the majority of holdings, but closer to 50-60% rather than all. It’s all personal risk tolerance of course, but with just under 500k between all retirement accounts, outsized gains are required. At any rate, I appreciate your content, keep up the good work!
Real estate definitely gave me the most money purchased my first house at 22 I am 31 now wit few rental properties I can retire if I want now bit goal is to retire at 40 years old 😄
Your use of the word "investing" in cryptocurrency I find oft putting. One exchanges money. You mean speculative trading. I agree with real estate. The tax benefits for young families, the skills learned in home repair, and the change in perspective are life changing.
I am planning to retire at age 52. No real reason other than I can’t see myself working my current 9-5 for more than 20 years…I gotta do something else or I’d go crazy😅 With that said, I want to retire off of dividends. I want something that pays me for the rest of my life. And I want to pass that down to my children in a way where principal would not be withdrawn. I was (and still am) a HUGE fan of VOO. But since I’ve been hearing all these good things of SCHD from your channel and other sources, I’m going all in w/SCHD meet that goal! My company offers VIIIX in our 401k, so I feel like I have my S&P500 index fund needs covered with that.
This video hit home for me. I turn 50 in December and have my house paid off, (just paid it off Dec 2022), value around $170k, have around $790k in 401k contributing $30k now. So I’ve thought about real estate getting another house and having renters, but two issues one what if they don’t pay and destroy your place it’s not theirs so they don’t care. Two if I don’t have someone paying the rent I.E. the mortgage then I can’t contribute outside of my 401k. So….I’m thinking max out Roth IRA and contribute to a brokerage account with dividend ETF’s instead of real estate what are your thoughts and opinions? Started buying some JEPI and some “O”. I have 10 maybe 12 years max. Don’t plan on working past 62. Thanks for your input and time.
Awesome! Ya those thoughts about real estate are definitely valid. I love the idea of maxing out the Roth and specifically with dividend ETFs and REITS like you mentioned!
I started watching your videos Nov this year and they're a wealth of info for someone like me who's looking to retire in 9 years at 62. I currently have a 401K with my employer, which is the only investing I have in an ETF which I just learned it won't be tax free after 59. The only problem I've accumulated a lot of cash in my bank check/savings over the years and I never did anything with it in terms of keeping it somewhere where I can maximize interest or grow it. I'm having a hard time finding videos/advice tailored for someone in my scenario and figuring out all the different money baskets (HYI, roth IRA, Brokerage Accnt, HSA, CD's, TBills, etc.) I can move them into, without raising flags with IRS, to grow them fast and avoid taxes?
With real estate buying to rent out - rent is rising, and so are the hoa fees, re taxes and cost of repairs. So it really depends on a multitude of factors...
Good advice. Me personally I DCA my top 5 etf’s every month VOO QQQ SCHD BOTZ and VDE and from there I have a firm foundation and can afford to invest in other more risky investments like crypto’s
Hey professor! Thanks so much for the valuable information in these videos, I’ve been binging them all day. They’re extremely helpful since I’m from an area where investing isn’t necessarily common knowledge so I’m just getting into it now. I’m in a unique career situation as an overseas contractor, I currently have around 50,000 in a checking account and I make around $8,000 a month after taxes with no bills/debt. My goal is to be able to retire, travel and live off of dividends within the next 10-15 years and I’m not sure the best way to go about it. I do know for personal reasons I don’t have any interest in crypto / real estate, I’d like to stick to the stock market. Would you suggest something like putting an initial $40,000 in the VOO and an additional $4000 a month for 15 years and then living off of those dividends, or would there be a better approach? Thanks again for the great content and taking the time to read this!
Awesome that you’re getting serious about it now! Better later than never! For your situation it seems like you may want to split it 50-50 with VOO and SCHD. VOO May grow a little more total but SCHD will produce a higher dividend ultimately so it would be good to build both positions
Hey professor, love your videos I have learned so much from you and I am so grateful for it. I really would love to share your videos with my 14-year-old son so that he can start slowly learning how to invest the right way I'm just afraid that your videos as they are are probably not really geared for a teenager but I was curious do you think you could start doing like even if it's just one video a week for younger folks so that uses parents can share this information with our teenagers. I'm wondering if anybody else would like their sons and daughters to listen to you so that they can learn. Just a thought I'm sure your plate is pretty full as it is but thank you so much for everything you do for us.
I appreciate the thought! I probably won’t make videos geared that young in the near future, but I remember watching UA-cam videos or reading books on this stuff right about 14-16 years old so he may be interested!
Instead of physical real estate, I would buy just O in my Roth every year. Doesn’t make sense from a tax standpoint to just buy VOO or SCHD in a Roth since the taxes are so much less than being taxed as income. Long term capital gains and qualified dividends have the greatest tax advantages.
I put some of my money into crypto to, but I picked Algorand for its technology over the others. I found your channel recently and really enjoy your coverage on ETF's over everything else I've seen on other channels.
Thank you! I have a portfolio with VFV (30%), ZNQ (25%), XEI (10%), XEQT (10%), HTA (15%) and ZWB (10%). I'm 58% exposed on technology in order to growth. What do you think guys? I'm 28 I want growth and then dividends
Thanks for a well explained video within this topic. Keep doing this as these are very informative. As a private investor from Denmark, we are restricted not to buy US ETFs e.g. the SCHD and VOO which is a shame. Is there anything else you could recommend, which could bring close to same yield as before mentioned or ETFs in general? I really like the US stocks market as there is many monthly and quarterly dividends to pick. Most Danish companies only offer yearly dividends, which is not that fun to see due to compound interest. Hope you'll see this and are able to help!
Thankyou so much for the kind words! I haven’t done enough research in specific markets such as yours, but use the data and things I looked at in the video when comparing and analyzing the fund when you do your research for available ETFs in your country!
I like your tipps except the real estate one. Its a huge an inflexible investment. There is so much that can wrong and often much more espensive than it seems while fully relies on signficant value gains going forward
Your point about the ROTH IRA is well taken but many 50 - 55 year olds are at high salary levels and DO NOT qualify to contribute to a ROTH IRA. I do agree that if you have 10 years that an overweight in bonds is not wise. Finally getting into real estate is always a great decision.
I'm in that category (age 60), but still max my Roth each year by using the completely legal backdoor route. What I do first of every year is contribute $7k (this year, $7.5k) into my Vanguard IRA. Then, a day or two later, I'll convert the funds by rolling it all into my Vanguard Roth IRA. Waalah, done.
@@NolanGouveia that's amazing. I'm Portuguese 🇵🇹 as well 👊! Keep up the great work! Long term dividend/value investor here looking to retire in 20 years!
I'm thankful for this channel. I wish I knew about this (or took it seriously) when I was younger. Better late than never, as they say. Do you have any videos geared toward someone at 40?
Hi professor G Thanks for the video. QQQ, VOO and SCHD iam with you Crypto 🤣 not really. Can you please give your opinion on big tech stocks (growth stocks individual pics) lk Google, Amazon, Microsoft and Apple as they seem to be at reasonable levels now. Any educated guess of how far they are likely to fall more. Thank you 🙏
No mention of ex-US funds? I am 27 years old and currently invested ~75% VTI ~25 VXUS in terms of stocks (about half of which is stock advantaged accounts) and about 25% of my NW is in BTC/ETH at these prices, more % than I'd like but that's mostly due to the price I initially bought in at. Looking for a house now so I have some cash on the side but it is hard especially living in the NY metro where a 1000 sq ft shack on a quarter acre can be $500k. Should have jumped in when interest rates were lower...
Hi professor G, that was a very interesting video, I'm 55 so this video was really speaking to my situation. I'm trying to work out how much I should be investing to make a return in 10 years time. Can you recommend a specific calculator for this?
I turn 30 in 3 months. Got married 9 months ago. My goal is to not worry about the bills by 40. Don't care about being super rich. Just want to provide Started my 401k and Roth IRA over a year ago. Doing large/mid/small caps. Total stock index. And S&P500. My Charles Schwab account was closed suddenly. Customer service on their end could not give me any answers. Simply said it was a business decision. Felt like the powers that be were trying to stop me. Almost got discouraged.
Thanks for your input, always watch your new videos. Don’t see eye to eye with you on crypto though Portfolio allocation as of now 40 VTI 20 VXUS 20 SCHD 20 BND
@@mikehawkins2452 great! The only thing I’d suggest is to research why you have such a high amount in a bond ETF. Totally fine to keep it, but for me personally, I won’t allocate anything in my portfolio to bonds until retirement age
Hi profesor G, is still good idea invest in rental proper pin Canada where the maintenance of the properties is so high due to the technology houses have over here? I will appreciate your comments.
I'm 36 and this q is specifically regarding my Roth IRA. I sold all of my VFFVX for fxaix. I was planning on trading fxaix for SCHD and maybe some JEPI at retirement. Is this a bad idea? Is investing in both NOW better if I'm not planning to retire for 30 years? (60%fxaix and 40% schd?) I have other investments like growth and crypto, but that's in my brokerage account.
I’m a 50 yro Canadian just paid off mortgage. Planned to retire in 7 yrs. My salary not that high so I don’t think I can afford another property to collect rent as you suggested, Vancouver is very expensive to buy. I do have some schd and vti in my tax free/ retirement account about 10% but not a lot of dividend payment. Thanks for the video. Just found your channel
I would be retiring or working less in 5 years and I just want to know best how people split their pay, how much of it goes into savings, spendings or investments. I earn around $165K per year but nothing to show for it yet.
I take 10% of whatever I get paid and put it into my Roth IRA. The rest like he said is pretty subjective, but everyone should be able to put away 10 cents on the dollar.
- Thanks for the advice. It was great! Too bad I didn't know you when I was in graduate school. As for "crypto," well, that's 39 litres of _nope_ in a five gallon bucket.
What yu mean acquiring real estate? House? Properly home? Or start to invest in real estate property, reits? 🤔Can yu advice 2 or 3 of than? Thanks and I really enjoy your videos👍
For someone very close to retirement, what are your thoughts on selling $750k of positions in a Roth IRA and keeping it all/mostly in funds like RYLD or JEPI and living off dividends? Potentially viable strategy or just too crazy? TIA and I appreciate your information.
That’s tough to answer without more info on your specific situation but in general, holding something like JEPI in the ROTH would make a lot of sense with $750k to live off its dividends
Why do you think about investing a big chunk of money in VOO rather than SCHD which can give a similar return along with dividend? Just for diversification?
I'm 65 years old. I own 2 houses on 11 acres, and a house , on a river. Also 140,000, invested in stocks. I'm retired after working many years in local government. My real estate is paid off. I feel lucky , as my kids are all done with college, debt free. I DCA stocks every month. Do I need a financial adviser?
Short term or long term real estate rentals for investing? Would like some professional opinion. I just turned 35, I paid my house off 2 years ago and found a nice log home that I was able to snatch up at a great price. The house needed some work but I am a contractor and I tackled 1 project at a time and finally just got the place completely remodeled. It’s 100% paid for and ready to rent just don’t know if I want to do short term or long term. Both have their pros and cons. Any feedback?
Uranium and Oil companies, because we are in an energy crisis and oil reserves are being depleted right now. USA does not want uranium and oil from Russia so they have to produce their own now. That means a uranium renaissance for the USA and that wil take at least 10-15 years to invest in.
Are you saying to invest into a broad market ETF for the next 10 years right up to retirement? Should you start tapering that into bonds at some point? If so, when?
I think each individual will have a slightly different and unique need as far as this but generally, continuing to keep 50-70% of your investment in a broad index will suffice while having 30-50% in something more stable such as a bond etf or even a high yield savings account makes a lot of sense as well for safety
This is great information. Thanks professor G! I am definitely looking into allocating some of my cash into growth and dividend ETFs you recommended since I have a lot cash in my IRA now. Should I do it now or wait for the market down a little bid in 2023? Also, what bond fund and % would you recommend？ I am 58 and want to retire in less than 10 years. I have several rental. properties and cash in IRA ( mostly in Tbills).I was forced to cash out my 401k because of changing job last year and lost a lot of money even in bond mutual fund last year.I am desperately thinking getting back to market, but not sure when to get in and what to buy. Your Videos helped a lot. I am making my plan for 2023, but worry about recession and market further down turn. 12:35 Looking forward for your inputs. Thank you again and happy new year🎉
Very good! I wouldn’t be getting in to any bonds right now, with the market being down you’d want to take advantage of lower priced ETFs and I’d stick with the broad index ETFs like VOO or VTI and then a portion in growth
Thanks! Do you think I should I also add some dividend ETF such as SCHD and SPYD, besides VOO? I am thinking half VOO and half SCHD or SPYD for the cash I have in my IRA. I watched your video on dividend ETF and I like SCHD and SPYD. Thanks again!
I’d definitely suggest looking at any alternatives in your area that won’t have such a high tax, but so far I’ve found that even with this tax it seems to outweigh the alternatives
What is your view on picking top quality stocks vs ETFs with potentially many dogs? I currently like, AAPL, ABBV, MSFT, AVGO, SBUX, HEI, UNH, AMD, PG and maybe TSLA.
Ya all those are amazing! I just really like the power of (good) ETFs and even if they do have some weak holdings, those sometimes keep the fund from totally getting crushed if the top holdings have a bad quarter
Great question! I have a video coming out this week on adding a small portion of risk to your portfolio and I go over it then! Stay tuned for Thursday!
I'm a 19 yr/old college student. I currently allocate a few hundred dollars evenly between QQQM, VOO, and SCHD each month. I also own about 5% of my portfolio value in individual stocks (I'll increase that amount over time.) I live in New York, on Long Island, so investing in real estate at my age would be extremely difficult here. Hopefully a few years down the line some opportunities will open up.
Planning on going 75% SCHD, 25% QQQM in my roth ira and standard brokerage account. For context I'm 23 years old, been investing for roughly 2 years, currently still live with my parents, and make somewhere around 75k a year atm. I'm meeting only up to my Roth 401k match by my company which is 4%, completely maxing out my Roth IRA, and meeting my HSA contribution limit per year. All the other money I get I put into my standard brokerage account that I manage. But I'm thinking about taking some out of QQQM and making it 20%, and doing the other 5% in Bitcoin, but still not sure or sold on the idea yet. What are your thoughts Prof G?! Great video btw!
Wow great work! You are ahead of where I was at at your age 💪💵 as far as your idea of qqqm & btc, I just want you to make sure and research it all fully. Make sure you understand the assets and why you are investing in them. I have my reasoning and I have done much research, but I hope you do the same for any of those riskier investments!
@@NolanGouveia Of course! I’ve actually already been investing a ton into QQQ, but I think I’m still pretty skeptical about Bitcoin. I definitely need to do more research on crypto as a whole! Thanks for your input
I really only suggest bonds ETF if you are at retirement age. Here’s a video of my favorite Schwab ETFs I did recently! ua-cam.com/video/ItNcH0Jop9o/v-deo.html
Much appreciated Mr. G! Your videos are straight to the point and without fluff. Easy to understand and informative. Thank you! I’ve recently increased my 401K contributions and am now contributing a little over 1200 into VTI. Is that good? I plan on increasing the contribution as the years go on. I’m 38 BTW. Your feedback is greatly appreciated!
If you can do a roth 401k with employer that would be a better hedge against higher taxes and inflation in the future. But I like your plan . Vti is what John bogle recommends. He even goes as far as saying forget about rebalancing just let it drift Warren Buffett style. Lol 😆 against the norm for sure. 👍 good luck and increase margin is key. Your income is the best wealth driver
Hi Professor G, I know that you are big on ETFs, but… I have an IRA account with Vanguard, and they do not allow to invest in ETFs. What they offer are mutual funds (as, I’m sure, you know). I’ve been watching your videos and trying to find mutual funds equivalents to the ETFs you recommend. For example, for VOO I’ve found VFIAX (although I prefer VIIIX - lower expense ratio), for VTI I’ve found VTSAX, for VUG - VIGAX, and for VYM - VHYAX. Could you confirm my choices? Maybe it’s a good idea for another video? Best wishes.
@@NolanGouveia Thank you for your quick response. The problem I have is when I set up a buy order on their website, none of the ETFs come up, only mutual funds... I'll call them to double check. Oh, another great video, by the way.
Ok, I've figured it out. There is a different link to buy ETFs then mutual funds - check their website for that. But first of all, your money has to be in the settlement fund, not in money market fund (as in my case).
Thank-you for talking to me, 53 with zero toward retirement. Getting serious about a 10 year run to overcompensate.
I’m in the same boat. 52 with zero retirement savings. I’m planning on retiring at 62. I’m investing 3K/ month in stocks & ETFs. Better late than never.
Scary times…
One of my goals is to employ the service of one this year. Could you recommend who it is you work with?
Loved this! I understand you're trying to reach the younger demographic (and you're a university prof so they are literally your demographic😂) but huge thanks to the other"older" subscribers asking for this video. I'm in my 40s so I'm looking for a 10ish year retirement plan. I like your dividend series and I moved my IRA investments to SCHD and VOO. Always happy to watch your recommendations!✨ Happy new year Prof!
Aww thanks for watching and for this comment Kristina! You’re doing a great job and 40s is still young 🙌😀 Happy New Year!
Hi Kristina! I am 47. My approach is this. 1.) extra payment to mortgage principle ( that will leverage a lot!) 2.) Traditional Roth IRA with an advisor 3.) Income investing on Robinhood : look into some REIT's, Bond ETFs, monthly dividend ETF's... and I am doing %20 of my weekly 25% income allocation into crypto as speculation.
Hello dear, well about 50% of my portfolio profit was from TSLA, GME and NIO, my FA was able to get me in early on most of these stocks and I exited just at the right time.
This was right up my alley!
I’m with ya brother. Good luck to you
Followed your advice and I'm now have started investing in VOO.. 14 shares now and DCA of $200 weekly...I'm 49 and started investing 4 months ago...thanks for inspiring a lot of ppl esp.Me😁
Congrats! Thank you so much for sharing! Made my day
How much do I need to invest in VOO, to get thos 200 weekly that you've just mentioned? And thanks for the attention
I appreciate you and the time that you set aside to educate I am currently 54 years old so the reality is setting in the magic 10 years the countdown has begun. I have several of the ETFs that you mentioned on your previous video and I am going heavy. Thank you for all that you do.
Thank you sir!
All your videos are really worth to watch, they're valuable so much💖
I'm 30s and my goal is living off dividends by 45.
Thankyou for the kind feedback!
I am at that age... and yes, wish i started earlier 😅... but taking care of businees now thanks!
Getting started and serious now is the best you can do and you’ll be happy you did!
Love this as well! I’m 52 and 9 years out from retirement. I’ll have a good pension and have saved a good amount already in my 457 and Roth. I plan to take some of your advice on asset allocation and make some changes to my portfolio. Great content as usual and I’m glad that I found your channel! Keep up the great work 😊
Thank you, professor G. That was very usefull. I am not going to retire in 10 years, but hopefully I am going to accumulate some weatlh. Basic strategy is investing 15% of my income, plus everything that investments give, for whole period. Half in ETFs (tech, health, communication, EV's anything that looks to be OK in next decade), other half in stocks (no more than 15-20 companies) which I pick by coping superinvestors, plus doing some of my own filtering (low p/e, no debt, etc.). No crypto for me, because I cant get my hands arround it yet.
Love it!
I agree that ETFs and real estate is the way. Live as modestly as you possibly can early and heavily invest to buy back your freedom.
Great advice!
Thanks for the videos and sharing your knowledge, I have been really enjoying them. I have been investing in DGRO, SCHD, SPLG, VNQ and VWO equally divided by 20% in each.
Solid picks!
@@NolanGouveia thank you, used a lot of your resources
Hi Professor G. Thanks for singling out and answering my question. I wanted your input to either validate what I'm already doing and/or change what I'm doing. You'll be happy to know that I had already:
1. obtained the services of a fiduciary financial advisor
2. I've owned rental properties that I sold in the past and wish I hadn't, BUT I'm in search of another rental property to purchase
3. I took your advice and started contributing to my Roth IRA and have bought some SCHD shares. I'll continue to load up and max out my contribution every year going forward
4. I kept some cash on hand in a 4.05% bearing savings account
I stumbled across your videos and I've been watching them as they come out. Thank you so much for all the VERY valuable information you provide to me and the rest of your subscribers. 😊👍🏻
Such awesome update! Thankyou so much for letting me know! It sounds like you are doing great
I would be doing better just like the rest of the investors if the market wasn't crashing and burning. Although we saw some sputtering in an upward swing today. Thanks again and keep those videos coming!!
I invested in the ITB US Homebuilders ETF instead of investing in real estate. Great returns and no hassle like you would have with rental properties. Also invested in SMH,XLK, and IBIT bitcoin ETF to round out my portfolio. In ten years I hope to be sitting on a stack of cash.
Ayyy, 30 gang over here. I have stayed away from bitcoin out of fear but now that you mention it.. I'm definitely going to look into it!
🙌🙌🙌
Still five years away from full retirement, we bought our rental condo 14 months ago. It pays for about half the expenses, the other half we write off the taxes to help offset our back door Roth conventions
So smart! Good thinking!
Bro, balls on I own 4 rental properties! It's the best advice I'm 48 now cash flow is 8500 per month!
Let’s go!!
how long did it take u to attain that cash flow based on the rentals?
@@allanwatts8361 It took 5 years of constantly raising the rent 10% every year!
Great advice. I’m 56 with some of my portfolio in BTC and ETH.
Thank you, Profesor G! This is a great video! I am 53 years old, I will follow your advice! I wish, I could have had this knowledge before.
Any time!
Great Information. TY Professor G. I think I understand what you are driving at. Really good ideas to think about. It’s about playing the long game and understanding the future possibilities.
Yes! 💰📈🙌
Love the channel. I like to see how your videos have gotten more "smooth" over time. I am 20 years old and I am about to start college. As I am from europe I have started investing in funds and ETF's through my bank. I am primarily focussing on middle to high dividend ETF's and ETF's and funds that follow the S&P500 together with danish funds to invest in my countries own economy. My goal is to set aside about 100$ each month while I go through college.
Thank you! Yes it’s been a process learning UA-cam and trying to make each video better!
Happy New Years professor G and thank you for including and addressing my comment (ken Johnson) concerning older investors looking to retire in 7-10 years. I know a majority of your viewers are younger but us older viewers are watching as well because the content is so informative, so thank you and continue to keep us older investors in mind on future videos. my portfolio in 2023 is focus more on building a strong and safe foundation with Just ETFs in a ROTH account. I know you mentioned owning real estate, but living in NYC, I’ll just stick with REITs lol. Since there is a ROTH limited, I’ve created another dividend portfolio with 23 stocks and Four ETFs. Hopefully I’m not spreading myself to thin to make a difference. I also wanted to say since finding your channel I’ve watch all of your content plus tik tok which have been very informative and I plan to continue watching to learn even more. Keep up the great work.
Hi Ken! Thanks again for the question and I am actually seeing that more and more regular viewers of my content are in that age category, so expect much more! Thank you for following along and for the kind words. I’m here to help where I can!
Another older viewer here. I’m 47 and watch more trading and market recap videos (eg, Gareth Soloway, kitco, Steve VanMeter, etc), but watch some of yours for insights for my 27 & 14yo daughters and even myself. This 10yr plan video caught my eye as I’ve long had a goal of retiring at 50, which became 55, and is now indefinite due to life events, mostly large unforeseen medical expenses. The video is very pragmatic following the idea of being more conservative the closer one gets to retirement as there’s less time to recover from a loss. The issue is this approach uses techniques that take 3-4 decades to build a sufficient amount to retire on. A decade or so timeline requires - at least for me - outsized gains, so going heavier toward metals, miners, and once BTC ETH bottom will be investing in those as well. Of course dividend stocks and ETFs will continue to be the majority of holdings, but closer to 50-60% rather than all. It’s all personal risk tolerance of course, but with just under 500k between all retirement accounts, outsized gains are required. At any rate, I appreciate your content, keep up the good work!
Real estate definitely gave me the most money purchased my first house at 22 I am 31 now wit few rental properties I can retire if I want now bit goal is to retire at 40 years old 😄
Heck ya! Great success story thanks for sharing!
Your use of the word "investing" in cryptocurrency I find oft putting. One exchanges money. You mean speculative trading.
I agree with real estate. The tax benefits for young families, the skills learned in home repair, and the change in perspective are life changing.
I can see your perspective on crypto, and you’re allowed to have your own opinion there! And yes so many positives with Real Estate!
Excellent advice. Very much in line with my outlook at the moment.
🙌📈
I am planning to retire at age 52. No real reason other than I can’t see myself working my current 9-5 for more than 20 years…I gotta do something else or I’d go crazy😅
With that said, I want to retire off of dividends. I want something that pays me for the rest of my life. And I want to pass that down to my children in a way where principal would not be withdrawn.
I was (and still am) a HUGE fan of VOO. But since I’ve been hearing all these good things of SCHD from your channel and other sources, I’m going all in w/SCHD meet that goal! My company offers VIIIX in our 401k, so I feel like I have my S&P500 index fund needs covered with that.
All great things! Good stuff
This video hit home for me. I turn 50 in December and have my house paid off, (just paid it off Dec 2022), value around $170k, have around $790k in 401k contributing $30k now.
So I’ve thought about real estate getting another house and having renters, but two issues one what if they don’t pay and destroy your place it’s not theirs so they don’t care. Two if I don’t have someone paying the rent I.E. the mortgage then I can’t contribute outside of my 401k.
So….I’m thinking max out Roth IRA and contribute to a brokerage account with dividend ETF’s instead of real estate what are your thoughts and opinions? Started buying some JEPI and some “O”.
I have 10 maybe 12 years max. Don’t plan on working past 62. Thanks for your input and time.
Awesome! Ya those thoughts about real estate are definitely valid. I love the idea of maxing out the Roth and specifically with dividend ETFs and REITS like you mentioned!
Good stuff Professor G!
Thank you sir!
Your videos have helped me so much Professor G. Much appreciated!
This makes me so happy!
All I have is 3k right now but I plan to retire in 3 yrs at age 39 and I will do it with.
I started watching your videos Nov this year and they're a wealth of info for someone like me who's looking to retire in 9 years at 62. I currently have a 401K with my employer, which is the only investing I have in an ETF which I just learned it won't be tax free after 59. The only problem I've accumulated a lot of cash in my bank check/savings over the years and I never did anything with it in terms of keeping it somewhere where I can maximize interest or grow it. I'm having a hard time finding videos/advice tailored for someone in my scenario and figuring out all the different money baskets (HYI, roth IRA, Brokerage Accnt, HSA, CD's, TBills, etc.) I can move them into, without raising flags with IRS, to grow them fast and avoid taxes?
With real estate buying to rent out - rent is rising, and so are the hoa fees, re taxes and cost of repairs. So it really depends on a multitude of factors...
Very true
Thanks for this information
You’re welcome!
Also, I am loving these videos!
Thanks for watching and commenting!
Great content right here👍
I appreciate it!
Good advice. Me personally I DCA my top 5 etf’s every month VOO QQQ SCHD BOTZ and VDE and from there I have a firm foundation and can afford to invest in other more risky investments like crypto’s
Sounds like a plan to me!
Solid video, hard to go wrong with buying an index over the long run 📈📈
Thankyou!!
Hey professor! Thanks so much for the valuable information in these videos, I’ve been binging them all day. They’re extremely helpful since I’m from an area where investing isn’t necessarily common knowledge so I’m just getting into it now.
I’m in a unique career situation as an overseas contractor, I currently have around 50,000 in a checking account and I make around $8,000 a month after taxes with no bills/debt. My goal is to be able to retire, travel and live off of dividends within the next 10-15 years and I’m not sure the best way to go about it.
I do know for personal reasons I don’t have any interest in crypto / real estate, I’d like to stick to the stock market.
Would you suggest something like putting an initial $40,000 in the VOO and an additional $4000 a month for 15 years and then living off of those dividends, or would there be a better approach? Thanks again for the great content and taking the time to read this!
Awesome that you’re getting serious about it now! Better later than never! For your situation it seems like you may want to split it 50-50 with VOO and SCHD. VOO May grow a little more total but SCHD will produce a higher dividend ultimately so it would be good to build both positions
Top content!!!!
Thanks!!!!
🙌📈💰
Love this. As always, let's keep it simple. Millionaire investing for dummies
Slow and steady!
With everything going on in the world / deficit, should we be thinning our portfolios? To make 30 to 40%cash.
Am 50 and definitely u were addressing my concerns
Thanks
Hope this helped a bit!
Hey professor, love your videos I have learned so much from you and I am so grateful for it. I really would love to share your videos with my 14-year-old son so that he can start slowly learning how to invest the right way I'm just afraid that your videos as they are are probably not really geared for a teenager but I was curious do you think you could start doing like even if it's just one video a week for younger folks so that uses parents can share this information with our teenagers. I'm wondering if anybody else would like their sons and daughters to listen to you so that they can learn. Just a thought I'm sure your plate is pretty full as it is but thank you so much for everything you do for us.
I appreciate the thought! I probably won’t make videos geared that young in the near future, but I remember watching UA-cam videos or reading books on this stuff right about 14-16 years old so he may be interested!
Instead of physical real estate, I would buy just O in my Roth every year. Doesn’t make sense from a tax standpoint to just buy VOO or SCHD in a Roth since the taxes are so much less than being taxed as income. Long term capital gains and qualified dividends have the greatest tax advantages.
I definitely think O in the ROTH or even other REITS are a great idea for sure!
Thank you Prof. G
Any time!
I put some of my money into crypto to, but I picked Algorand for its technology over the others. I found your channel recently and really enjoy your coverage on ETF's over everything else I've seen on other channels.
I appreciate that! I have a little algorand as well!
Thank you! I have a portfolio with VFV (30%), ZNQ (25%), XEI (10%), XEQT (10%), HTA (15%) and ZWB (10%). I'm 58% exposed on technology in order to growth. What do you think guys? I'm 28 I want growth and then dividends
Excellent video Brother
Thanks for a well explained video within this topic. Keep doing this as these are very informative. As a private investor from Denmark, we are restricted not to buy US ETFs e.g. the SCHD and VOO which is a shame. Is there anything else you could recommend, which could bring close to same yield as before mentioned or ETFs in general? I really like the US stocks market as there is many monthly and quarterly dividends to pick. Most Danish companies only offer yearly dividends, which is not that fun to see due to compound interest.
Hope you'll see this and are able to help!
Thankyou so much for the kind words! I haven’t done enough research in specific markets such as yours, but use the data and things I looked at in the video when comparing and analyzing the fund when you do your research for available ETFs in your country!
I like your tipps except the real estate one. Its a huge an inflexible investment. There is so much that can wrong and often much more espensive than it seems while fully relies on signficant value gains going forward
Definitely can be true!
Love this at 50 years young I want to work 7-10 more years. I have 401k, plus pension, now working on passive income stream!!!
I love that! Get it!!
Your point about the ROTH IRA is well taken but many 50 - 55 year olds are at high salary levels and DO NOT qualify to contribute to a ROTH IRA. I do agree that if you have 10 years that an overweight in bonds is not wise. Finally getting into real estate is always a great decision.
Agreed, good point about the ROTH IRA. But back door ROTH is very easy to do so I’d still recommend that!
I'm in that category (age 60), but still max my Roth each year by using the completely legal backdoor route. What I do first of every year is contribute $7k (this year, $7.5k) into my Vanguard IRA. Then, a day or two later, I'll convert the funds by rolling it all into my Vanguard Roth IRA. Waalah, done.
Just be careful if you have other Rollover IRA funds when wanting to do a backdoor Roth IRA after tax contribution.
@@NolanGouveia A back door Roth is not easy to do and has tax implications.
Great Vid Professor G!! Is that the Portuguese Galo de Barcelo on your desk? Thanks for all the solid info continually. Keep it up!
Thanks man and yessir! Picked up when I was in Sintra this summer since I’m Portuguese 🇵🇹👊
@@NolanGouveia that's amazing. I'm Portuguese 🇵🇹 as well 👊! Keep up the great work! Long term dividend/value investor here looking to retire in 20 years!
I'm thankful for this channel. I wish I knew about this (or took it seriously) when I was younger. Better late than never, as they say. Do you have any videos geared toward someone at 40?
Professor G,
Looking for step by step how to Rollover IRA to Roth IRA.
Was disappointed didn't find it in your videos. Hopefully you'll do one soon ☺️
STOP DISTRACTING ME FROM WORK!!! I'm 18 and I'm ready to retire now. 💀💀💀
What's a good way to invest in your HSA etf index stocks?? Great video idea for another office hours
Great idea! Thanks for the question!
Hi professor G
Thanks for the video.
QQQ, VOO and SCHD iam with you
Crypto 🤣 not really.
Can you please give your opinion on big tech stocks (growth stocks individual pics) lk Google, Amazon, Microsoft and Apple as they seem to be at reasonable levels now.
Any educated guess of how far they are likely to fall more.
Thank you 🙏
No mention of ex-US funds? I am 27 years old and currently invested ~75% VTI ~25 VXUS in terms of stocks (about half of which is stock advantaged accounts) and about 25% of my NW is in BTC/ETH at these prices, more % than I'd like but that's mostly due to the price I initially bought in at. Looking for a house now so I have some cash on the side but it is hard especially living in the NY metro where a 1000 sq ft shack on a quarter acre can be $500k. Should have jumped in when interest rates were lower...
Never promise a positive return for any asset class. Real Estate can be down in 10 years similarly to 2008/2009
Dividend growth strategy, real estate accumulation or reinvesting into your own business .
🙌🙌
Research Cardano, it is a great project with a bright future. But I agree if you want to play it safe Bitcoin and Ethereum are a good way to go.
I have a solid amount of ADA 👏😀
I would invest $20 a month for Professor G's patreon group
That’s just a solid investment! 🙌😝💰
Thank you!
You’re welcome!
Hi professor G, that was a very interesting video, I'm 55 so this video was really speaking to my situation. I'm trying to work out how much I should be investing to make a return in 10 years time. Can you recommend a specific calculator for this?
Using a compound interest calculator you can input the numbers to forecast a return
I turn 30 in 3 months. Got married 9 months ago. My goal is to not worry about the bills by 40. Don't care about being super rich. Just want to provide Started my 401k and Roth IRA over a year ago. Doing large/mid/small caps. Total stock index. And S&P500. My Charles Schwab account was closed suddenly. Customer service on their end could not give me any answers. Simply said it was a business decision. Felt like the powers that be were trying to stop me. Almost got discouraged.
Any way wat ur doing for ur skin routine ?
Thanks for your input, always watch your new videos.
Don’t see eye to eye with you on crypto though
Portfolio allocation as of now
40 VTI
20 VXUS
20 SCHD
20 BND
Totally ok to not see eye to eye on crypto, I get it! Your portfolio looks solid. Very diversified! How far away from retirement are you?
@@NolanGouveia
Thanks for the reply Professor G
Currently 39
@@mikehawkins2452 great! The only thing I’d suggest is to research why you have such a high amount in a bond ETF. Totally fine to keep it, but for me personally, I won’t allocate anything in my portfolio to bonds until retirement age
Could you do a video on the best ETFs with Fidelity and how to allocate?
Yes!
Do you believe a taxable account is necessary? Could one just invest in a Roth IRA and save money in a HYSA and be good?
I do believe a taxable account is necessary as I want to be able to build that big enough to earn passive income from dividends before retirement age
Hi profesor G, is still good idea invest in rental proper pin Canada where the maintenance of the properties is so high due to the technology houses have over here? I will appreciate your comments.
I'm 36 and this q is specifically regarding my Roth IRA. I sold all of my VFFVX for fxaix. I was planning on trading fxaix for SCHD and maybe some JEPI at retirement. Is this a bad idea? Is investing in both NOW better if I'm not planning to retire for 30 years? (60%fxaix and 40% schd?) I have other investments like growth and crypto, but that's in my brokerage account.
For specifically the ROTH, I do like investing in both now for the next 30 years. My ROTH is pretty much VOO, SCHD, and SCHG
Can you do a Video on child Roth IRA?
I've always wanted to get into real estate I just have no idea where to start at all and I'm really lost, any tips?
Great job! Love your videos.
Thankyou! Thanks for watching!
I am retired. But I have sent links to your videos to my daughters, my nieces and nephews, so that they can learn.
@@ReesePeterGriffith I appreciate that! I hope it helps!
I’m a 50 yro Canadian just paid off mortgage. Planned to retire in 7 yrs. My salary not that high so I don’t think I can afford another property to collect rent as you suggested, Vancouver is very expensive to buy. I do have some schd and vti in my tax free/ retirement account about 10% but not a lot of dividend payment. Thanks for the video. Just found your channel
Congrats on paying off that mortgage!! That’s huge!
I would be retiring or working less in 5 years and I just want to know best how people split their pay, how much of it goes into savings, spendings or investments. I earn around $165K per year but nothing to show for it yet.
It really is subjective depending on your living expenses. But I’ll do a paycheck break down soon!
I take 10% of whatever I get paid and put it into my Roth IRA. The rest like he said is pretty subjective, but everyone should be able to put away 10 cents on the dollar.
I bought duplex 10 years ago it’s 4x the money I paid.
That’s so amazing! Great work
- Thanks for the advice. It was great! Too bad I didn't know you when I was in graduate school.
As for "crypto," well, that's 39 litres of _nope_ in a five gallon bucket.
Haha that’s ok! Most crypto is definitely that 😂
Thank you for all your Great information. Especially since I will be returning soon. Do you think JEPI is a good investment ??
I do like JEPI, however it is still very new so I would like more history. But it is solid so far
Great!
💰
What is your take on REITs ? Is it possible to make a video on the best ones and if it’s worth investing into them ? Thank you !!
Great question! I was thinking of doing this and now I’m definitely going to! I’ll begin research soon
@@NolanGouveia Awesome thank you , I really appreciate your videos they really come a long way 🙏🏼
@@gerardocastellanos4319 thank you so much! I appreciate the support!
What yu mean acquiring real estate? House? Properly home? Or start to invest in real estate property, reits? 🤔Can yu advice 2 or 3 of than? Thanks and I really enjoy your videos👍
Any physical real estate: house, duplex.. etc!
Covered called ETFs for dividends
Which ones do you like?
@@NolanGouveia JEPI?
@@herbertpimpfl2985 JEPI is definitely solid. Interested to see how it does long term though!
@@herbertpimpfl2985. $ JEPQ $
Another great video
Thanks brother!
For someone very close to retirement, what are your thoughts on selling $750k of positions in a Roth IRA and keeping it all/mostly in funds like RYLD or JEPI and living off dividends?
Potentially viable strategy or just too crazy?
TIA and I appreciate your information.
That’s tough to answer without more info on your specific situation but in general, holding something like JEPI in the ROTH would make a lot of sense with $750k to live off its dividends
Why do you think about investing a big chunk of money in VOO rather than SCHD which can give a similar return along with dividend? Just for diversification?
I'm 65 years old. I own 2 houses on 11 acres, and a house , on a river. Also 140,000, invested in stocks. I'm retired after working many years in local government. My real estate is paid off. I feel lucky , as my kids are all done with college, debt free. I DCA stocks every month. Do I need a financial adviser?
Sounds like you’re doing well!
Short term or long term real estate rentals for investing? Would like some professional opinion. I just turned 35, I paid my house off 2 years ago and found a nice log home that I was able to snatch up at a great price. The house needed some work but I am a contractor and I tackled 1 project at a time and finally just got the place completely remodeled. It’s 100% paid for and ready to rent just don’t know if I want to do short term or long term. Both have their pros and cons. Any feedback?
I have one of each and exactly, they both have pros and cons. Long term is less stress. Short term can earn more money.
Invest in energy companies
Which ones and why?
Uranium and Oil companies, because we are in an energy crisis and oil reserves are being depleted right now. USA does not want uranium and oil from Russia so they have to produce their own now. That means a uranium renaissance for the USA and that wil take at least 10-15 years to invest in.
"bonds" and "safe things like that"
Are you saying to invest into a broad market ETF for the next 10 years right up to retirement? Should you start tapering that into bonds at some point? If so, when?
I think each individual will have a slightly different and unique need as far as this but generally, continuing to keep 50-70% of your investment in a broad index will suffice while having 30-50% in something more stable such as a bond etf or even a high yield savings account makes a lot of sense as well for safety
This is great information. Thanks professor G! I am definitely looking into allocating some of my cash into growth and dividend ETFs you recommended since I have a lot cash in my IRA now. Should I do it now or wait for the market down a little bid in 2023? Also, what bond fund and % would you recommend？ I am 58 and want to retire in less than 10 years. I have several rental. properties and cash in IRA ( mostly in Tbills).I was forced to cash out my 401k because of changing job last year and lost a lot of money even in bond mutual fund last year.I am desperately thinking getting back to market, but not sure when to get in and what to buy. Your Videos helped a lot. I am making my plan for 2023, but worry about recession and market further down turn. 12:35 Looking forward for your inputs. Thank you again and happy new year🎉
Very good! I wouldn’t be getting in to any bonds right now, with the market being down you’d want to take advantage of lower priced ETFs and I’d stick with the broad index ETFs like VOO or VTI and then a portion in growth
Thanks! Do you think I should I also add some dividend ETF such as SCHD and SPYD, besides VOO? I am thinking half VOO and half SCHD or SPYD for the cash I have in my IRA. I watched your video on dividend ETF and I like SCHD and SPYD. Thanks again!
Actually I should take some growth ETF, so VOO, SCHD or SPYD and QQQ. About 1/3 in each category. What do you think? Thanks!
Hi Prof G! Would you still recommend SCHD/DGRO for investors that not a US citizen and have a 30% tax on dividends?
I’d definitely suggest looking at any alternatives in your area that won’t have such a high tax, but so far I’ve found that even with this tax it seems to outweigh the alternatives
@@NolanGouveia Thank you for the reply. Those were my thoughts too. Perhaps I'll go in heavier on VTI/VOO and try a smaller position in SCHD.
@@hssssssssssss ya definitely seems like a smart call!
@@hssssssssssss I'm in VTI 55%..and 45% in SCHD
My camera is never on for any of my UA-cam videos either. I'll have to try that for the next one 🤣🤷♂
😂😂still waiting for your wisdom my friend!! Share with the world!
What is your view on picking top quality stocks vs ETFs with potentially many dogs? I currently like, AAPL, ABBV, MSFT, AVGO, SBUX, HEI, UNH, AMD, PG and maybe TSLA.
Ya all those are amazing! I just really like the power of (good) ETFs and even if they do have some weak holdings, those sometimes keep the fund from totally getting crushed if the top holdings have a bad quarter
Why would a currency (Bitcoin, eth) make a good investment?
Great question! I have a video coming out this week on adding a small portion of risk to your portfolio and I go over it then! Stay tuned for Thursday!
I'm a 19 yr/old college student. I currently allocate a few hundred dollars evenly between QQQM, VOO, and SCHD each month. I also own about 5% of my portfolio value in individual stocks (I'll increase that amount over time.) I live in New York, on Long Island, so investing in real estate at my age would be extremely difficult here. Hopefully a few years down the line some opportunities will open up.
You are CRUSHING IT at 19! I wish I was as financially literate as you at that young. Congrats, keep it up!
@@NolanGouveia Thank you🙏
Planning on going 75% SCHD, 25% QQQM in my roth ira and standard brokerage account. For context I'm 23 years old, been investing for roughly 2 years, currently still live with my parents, and make somewhere around 75k a year atm. I'm meeting only up to my Roth 401k match by my company which is 4%, completely maxing out my Roth IRA, and meeting my HSA contribution limit per year. All the other money I get I put into my standard brokerage account that I manage. But I'm thinking about taking some out of QQQM and making it 20%, and doing the other 5% in Bitcoin, but still not sure or sold on the idea yet. What are your thoughts Prof G?! Great video btw!
Wow great work! You are ahead of where I was at at your age 💪💵 as far as your idea of qqqm & btc, I just want you to make sure and research it all fully. Make sure you understand the assets and why you are investing in them. I have my reasoning and I have done much research, but I hope you do the same for any of those riskier investments!
@@NolanGouveia Of course! I’ve actually already been investing a ton into QQQ, but I think I’m still pretty skeptical about Bitcoin. I definitely need to do more research on crypto as a whole! Thanks for your input
@@sethfrady great work my friend!
Great video man thanks for this information!!!
Any time!
I know you recommend SCHD, which I’ve invested into through my Roth at Schwab. What are your thoughts about SCHB?
I really only suggest bonds ETF if you are at retirement age. Here’s a video of my favorite Schwab ETFs I did recently!
ua-cam.com/video/ItNcH0Jop9o/v-deo.html
Much appreciated Mr. G! Your videos are straight to the point and without fluff. Easy to understand and informative. Thank you! I’ve recently increased my 401K contributions and am now contributing a little over 1200 into VTI. Is that good? I plan on increasing the contribution as the years go on. I’m 38 BTW. Your feedback is greatly appreciated!
That’s amazing!! Congrats!
If you can do a roth 401k with employer that would be a better hedge against higher taxes and inflation in the future. But I like your plan . Vti is what John bogle recommends. He even goes as far as saying forget about rebalancing just let it drift Warren Buffett style. Lol 😆 against the norm for sure. 👍 good luck and increase margin is key. Your income is the best wealth driver
Hi Professor G,
I know that you are big on ETFs, but… I have an IRA account with Vanguard, and they do not allow to invest in ETFs. What they offer are mutual funds (as, I’m sure, you know). I’ve been watching your videos and trying to find mutual funds equivalents to the ETFs you recommend. For example, for VOO I’ve found VFIAX (although I prefer VIIIX - lower expense ratio), for VTI I’ve found VTSAX, for VUG - VIGAX, and for VYM - VHYAX. Could you confirm my choices? Maybe it’s a good idea for another video?
Best wishes.
Hi there! I just checked to make sure, but you absolutely can invest in ETFs through a Vanguard IRA. Especially their ETFs (VOO, VTI, VYM.. etc)
@@NolanGouveia Thank you for your quick response. The problem I have is when I set up a buy order on their website, none of the ETFs come up, only mutual funds... I'll call them to double check. Oh, another great video, by the way.
@@mychannel9160 funny, I had the same issue….but I put the money in my account (forget now the proper name) and then buy them from it.
Ok, I've figured it out. There is a different link to buy ETFs then mutual funds - check their website for that. But first of all, your money has to be in the settlement fund, not in money market fund (as in my case).