วีดีโอ

I don’t know day to day movements. But I’m personally long on both of those investments

Your right, pure savers will receive smaller interest amounts back, but prudent investors are typically rewarded. I locked in some CD's before returns fall a bit.

Thank you so much. It’s so critical in my view to get comfortable with some form of risk and build a portfolio that suits you. And keep in mind there is really never a magical day when every asset is sold. It’s like building your own trust fund for income. Thanks for commenting.

For sure. A modern gem! I would like a higher grade. But am happy its news stand. Thank you for commenting.

Great point. I think they truly pulled off LOTR and it was something special. I too have not enjoyed many of the modern sets as much. Just too much frantic production.

Isn’t it shocking how many folks do??? Hope you’re doing great!

@@MoneyVikings We never leave any on the table. We just hit Coast Fire and no longer need to fund our 401ks but we are just to get the match. We aren't going to deny a 4% "raise"!

Brother Mike! I would love to join you to discuss art, collecting and investing. Hopefully I could bring a unique perspective as an artist and collector. I got my info from some news articles I read about the global art market. But understand that was based on a broad perspective and admittedly every collecting market is niche. Similar to real estate, some areas are still seeing price increases while others are softening. My main message are rules of thumb when investing in collectibles that I have used over the years. Anyway, I will DM you and let’s set something up. Take care and thank you!!! Greg

@@MoneyVikings that makes sense Greg. Yeah let’s definitely do it. I have a busy couple weeks ahead but I think I’ll free up a bit in September. Looking forward to connecting!

That’s awesome. Did you have this collection for a long time? I used to buy packs with my allowance when the original Tim Burton movie came out. Which card is 17D? If I have an extra I can send it to you.

😂

Thank you for watching! Hope you’re doing what you can to be healthy and wealthy!

You are both inspiring me! Thank you.

Great perspective! I love the calm rational approach. I have invested through about 4 major dips/corrections and always turns out great. Strong companies will Keep innovating and the SPY is self cleansing.

@MoneyVikings same here. Aslong as you take some profits along the way you will continue to have liquidity and will be able to stockpile more stocks when they dip. One of the biggest reasons I see people fail in investments is letting their emotions get the better of them.

Thank you for checking out my content! Hope you’re doing what you can to build financial strength.

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 just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills

You trade with Judith M Layton too? Wow that woman has been a blessing to me and my family

I'm new at this, please how can I reach her?

she's mostly on Telegrams, with the user name.

😂😂😂

Great points. I’m Gen X too so lived through many of these events. And we all know life happens. One thing to keep in mind is that during those crazy events, if a person just kept buying S&P 500 shares through dollar cost averaging, then it resulted in major gains, buying shares on the cheap. As the saying goes, time in the market beats market timing. But anyway, you’re right, lots of turmoil and I have had my own fair share. But we have to do something to get ahead. Anyway, thanks for taking the time yo comment, I do appreciate ideas being stress tested. Life is not a spreadsheet, we just do the best we can with what we have before us. Take care.

I like that concept that the $100k can show it’s possible to achieve $10k in gains without doing anything. Nice point. Thanks for taking the time and for checking out our content.

So true! Definitely needs to be revised up. I believe the habits, discipline and automation that get someone to $250k can carry them far. Thank you for commenting! Do you think the figure should be even higher today? Say, do everything to hit that first $400k???

@@MoneyVikings I think the last time I checked the/used an inflation calculator from the mid 70s the 100k came out to roughly 250k . I can't remember exactly. Could be a video for you to do

This is awesome and thank you so much for checking out my videos. I am really enjoying the inspiration from you and your wife. Congrats on building a great life together and building wealth. My whole goal here is to show that people like me in the middle class can still build wealth and achieve what I call True Wealth! Take care and thanks again.

Thank you for your comment. Yes, cars especially should not be included in my view. Cars cost people in so many ways. I have seen real estate pay off over the long run. Have you already retired early? I will check out your content. Thanks.

Your right. I love that book and have it. The Dr Doom is awesome.

Thank you for your comment. I was also collecting in the late 80’s early 90’s. I see all ages at my local comic store, but many of the kids might be into toys. I’m amazed comics are still produced given all the screens and tech taking over. But to me there is just something special about holding a real comic. I only collect books I really love or characters I think are great. What are your favorite books from the 80’s?

Your right. I struggled with how to present this concept. And I’m not always sure if home equity should be counted given our primary residence typically just costs us money. I was mainly trying to give normal people like me hope that they can build some wealth with a few good practices and some time. When you get to my age (late 40’s) you realize how fast a decade can wiz by. Thank you for commenting. Take care!!! Greg

Fair point. Agree this example is not starting from zero. But basically trying to show a couple things that hold true: automating a high percent in diversified equities plus the power of time yields good results. Especially if someone does not freak out when the market goes down. Thank you for commenting and checking out our content.

This is a nice compliment. Thank you!!!!

That’s a good point. I do realize that this represents a pretty good salary. If two people are working in the household this can be achieved pretty easily. But it shows the potential. Thank you for commenting.

I’m adding a conservative 7% growth each year for housing. It went up more, but I like to keep that conservative when discussing primary residence. I’m using the S&P return each year for just the investment account. These are estimates just to illustrate how a middle class person can build wealth with consistent automated contributions to a diverse stock portfolio. I added the housing because most people hit a million based on home equity and a 401k. It’s just supposed to be inspirational and simplified for illustrating purposes. Thank you for commenting and watching, I really appreciate it!!!!

This is great feedback. In the next video I will probably leave home equity out completely. I was trying to de emphasize home equity because I see a primary home as a consumable and mainly cost. but it seems that confuses things. Thank you!!!

I’m going to re present the numbers solely based on a portfolio of equities and remove the real estate part. I agree that makes this a bit confusing. Thanks again.

Thank you for commenting. Yes it was actually shocking to me. Especially when you get to the 30+ figures. Maybe we need a system that automatically opts people in and then there is friction to opt out of regular saving and investing. And a lot of folks don’t understand saving will never be enough with inflation. Anyway, thank you for watching.

Great question that gets to the heart of statistics and how they can be misleading. Let me see if I can find out more about how the median figures were derived.