Christen wilburn was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it, and of course from christen wilburn.
She has been the secret of my success ever since I lost my job. She is very good on that. Thank God I met her at the right time. Now I have a house of my own and other valuables.
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.
It's a good idea to seek advice at the moment, unless you're an expert yourself. As someone who runs a service business and sells products on eBay, I can tell you that the economy is struggling and many people are struggling financially.
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Melissa Terri Swayne for the last five years or so, and her returns have been pretty much amazing.
Melissa really seem to know her stuff. I found her website, read through her resume, educational background, qualifications and it was really impressive. her is a fiduciary who will act in my best interest. So, I booked a session with her.
don't forget about growth potential. You'll want to balance safety with opportunities for higher returns, maybe through a mix of stocks and real estate.
The problem is that people don't have the knowledge needed to succeed in a challenging market. Only highly qualified professionals who had to experience the 2008 financial crisis could hope to earn a high salary in these challenging condition
Most times it comes down to proper financial planning cause most people don’t realize how important financial planners are until they messed up. Working with professionals who have expertise and experience in the market can provide valuable insights and guidance to navigate volatile times.
Great video, Another factor to add is Do they spend a lot of time planning their financial future? The stock market is making me really worried because I've lost over $ 27,000 in just this month and I'm not making as much money as I used to. This is making me concerned that I might not have enough money saved up for my retirement since I can't add to my savings.
To ensure a comfortable retirement, it's advised to save a minimum of 20% of your income in a 401(k). by doing so , you increase the likelihood of retiring with sufficient funds. Moreover, this strategy enables you to leverage the stock market's potential and expand your retirement savings as time progresses.
Using a 401(k) or IRA is a valuable strategy for retirement planning, providing potential savings growth and tax advantages. While the stock market is promising, expert guidance is essential for effective portfolio management
"Nicole Anastasia Plumlee" is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thanks, I just googled "Nicole Anastasia Plumlee" and I'm really impressed with her credentials. I reached out since I need all the assistance I can get.!!
I really appreciate the dedication in each video you post. Building a steady income is quite difficult for newbies. Thanks to Natalie Rose Strayer for improving my portfolio. keep up with the good videos.
I'm surprised that you just mentioned Natalie Strayer 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.
Natalie Strayer has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's
Invest judiciously, keep a stop loss figure. Shuffle between debt and equity wherever the ratio goes too off your target. As for the target, I recommend a Ratio like this Debt % should be equal to your age in years. If you are 20, debt is 20%, reset in equity. If the market falls or rises drastically, your debt % will change, which you should rebalance to 20% and bring back equity to 80%. Thus you would have bought low or booked profit depending on if it was a crash or a bull run.
Effective personal finance management is more important than the amount of money saved, regardless of whether income is earned through job or investment. Individuals can seek counsel from a certified financial advisor to optimize financial outcomes, who can provide specialized advice and methods to decrease expenses and maximize income.
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.
@@joshbarney114 I appreciate the implementation of ideas and strategies that result to unmeasurable progress. 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.
Marisa has the appearance of being a great authority in her profession. I looked her up online and found her website, which I reviewed and went through to learn more about her credentials, academic background, and employment. She has a fiduciary duty to protect my best interests. I sent her an email outlining my objectives and also booked a session with her; thanks for sharing.
Financing cars, not paying credit cards in full or using them when you aren’t responsible, not putting away for retirement, having no emergency fund, taking out loans to get degrees in left handed puppetry, trying to impress others
@@Anonymous-md2qp yeah if you marry someone who doesn’t want to work, contribute, or combine finances I’d imagine it’s hard. Marriage helps in my case, the wife loves to work, runs her own business and makes more than me lol ( I used to make more) So I’m not complaining.
A big sign is if your spouse has to mitigate you instead of work with you. Mine blew through $75k in 2 years and didn't even notice. So now I have to make sure I can carry her a$$ when I retire. Yay.
Most Chris Invests videos I've enjoyed, but i feel this video might be more impactful if it focused on how to identify decisions that make individuals bad with money. How to identify good opportunities from bad. the logic in this video as is seemed flawed; 1. being open to new ideas, only positive ideas were presented. What about scams that are presented as new investment strategies, or whole life insurance polices that are sold to people who don't actually need them. It's nearly impossible to be open to new ideas safely until a certain amount of financial education is completed. 2. repeatedly making mistakes, the assumption of the video is that everyone knows or has choices in over drafting or not saving. for those in the top 25-50% of socio-economic ranks these are choices, but for those stuck in low paying work or not making enough to cover basic expenses their only choice may be which "mistake" to make. 3. a lack of desire to communicate about money doesn't necessarily indicate poor choices, I've known people who were wealthy that didn't like to talk about money for fear of being ostracized, but were fantastic money managers.
@@RK-cj4ocyou can’t change their way of thinking. I told this this same person that saving $50 is as easy as setting aside $25 over the course of 2 pay checks. They told me that it’s not possible because they have “bills.” Same person asked to me to borrow $50 for gas and I just loaned it out to him.
Marrying poorly, getting divorce, and then remarrying people that only do it to get the other person's money is a huge nail in the coffin. Men, don't be stupid. Don't get married.
“Wealth is what you don’t see”… I also love your points here about being open to talk about your finances. That is a huge first step that would help many folks. Great video, Chris
Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in last month 2024
.......
Wow that's huge, how do you make that much monthly?
I'm 37 and have been looking for ways to be successful, please how??
Christen wilburn was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it, and of course from christen wilburn.
She has been the secret of my success ever since I lost my job. She is very good on that. Thank God I met her at the right time. Now I have a house of my own and other valuables.
This summer is making me poor please I want to join the moving train how can I reach her?
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.
It's a good idea to seek advice at the moment, unless you're an expert yourself. As someone who runs a service business and sells products on eBay, I can tell you that the economy is struggling and many people are struggling financially.
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
Impressive can you share more info?
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Melissa Terri Swayne for the last five years or so, and her returns have been pretty much amazing.
Melissa really seem to know her stuff. I found her website, read through her resume, educational background, qualifications and it was really impressive. her is a fiduciary who will act in my best interest. So, I booked a session with her.
Given the uncertainties, it might be wise to allocate a portion to safer options like bonds or fixed income securities.
It's crucial to have a well-thought-out plan, especially considering the current state of the global economy.
If i had that capital, i would have some flexibility. I would consider diversifying across different asset classes.
don't forget about growth potential. You'll want to balance safety with opportunities for higher returns, maybe through a mix of stocks and real estate.
The problem is that people don't have the knowledge needed to succeed in a challenging market. Only highly qualified professionals who had to experience the 2008 financial crisis could hope to earn a high salary in these challenging condition
Most times it comes down to proper financial planning cause most people don’t realize how important financial planners are until they messed up. Working with professionals who have expertise and experience in the market can provide valuable insights and guidance to navigate volatile times.
Great video, Another factor to add is Do they spend a lot of time planning their financial future? The stock market is making me really worried because I've lost over $ 27,000 in just this month and I'm not making as much money as I used to. This is making me concerned that I might not have enough money saved up for my retirement since I can't add to my savings.
To ensure a comfortable retirement, it's advised to save a minimum of 20% of your income in a 401(k). by doing so , you increase the likelihood of retiring with sufficient funds. Moreover, this strategy enables you to leverage the stock market's potential and expand your retirement savings as time progresses.
Using a 401(k) or IRA is a valuable strategy for retirement planning, providing potential savings growth and tax advantages. While the stock market is promising, expert guidance is essential for effective portfolio management
Market behavior can be complex and unpredictable. Mind if I ask you to recommend this particular coach to whom you have used their services?
"Nicole Anastasia Plumlee" is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thanks, I just googled "Nicole Anastasia Plumlee" and I'm really impressed with her credentials. I reached out since I need all the assistance I can get.!!
I really appreciate the dedication in each video you post. Building a steady income is quite difficult for newbies. Thanks to Natalie Rose Strayer for improving my portfolio. keep up with the good videos.
I'm surprised that you just mentioned Natalie Strayer 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.
The very first time we tried, we invested $2000 and after a week, we received $9500. That really helped us a lot to pay up our bills.
Natalie Strayer has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's
This sounds so good and I would like to be a party to it, is there any way I can speak with her?
After I raised up to 125k trading with her I bought a new House and a car here in the states also paid for my son's surgery
Glory to God shalom.
Invest judiciously, keep a stop loss figure. Shuffle between debt and equity wherever the ratio goes too off your target. As for the target, I recommend a Ratio like this Debt % should be equal to your age in years. If you are 20, debt is 20%, reset in equity. If the market falls or rises drastically, your debt % will change, which you should rebalance to 20% and bring back equity to 80%. Thus you would have bought low or booked profit depending on if it was a crash or a bull run.
Effective personal finance management is more important than the amount of money saved, regardless of whether income is earned through job or investment. Individuals can seek counsel from a certified financial advisor to optimize financial outcomes, who can provide specialized advice and methods to decrease expenses and maximize income.
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.
@@joshbarney114 I appreciate the implementation of ideas and strategies that result to unmeasurable progress. 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.
Marisa has the appearance of being a great authority in her profession. I looked her up online and found her website, which I reviewed and went through to learn more about her credentials, academic background, and employment. She has a fiduciary duty to protect my best interests. I sent her an email outlining my objectives and also booked a session with her; thanks for sharing.
Not living below your means hurts a lot n that's the true foundation of financial success and it builds true discipline .
What I’ve realized is some people don’t realize that they are making the same mistakes. I see it all the time
“My car projects success and helps me sell better to clients” = BROKE!
Financing cars, not paying credit cards in full or using them when you aren’t responsible, not putting away for retirement, having no emergency fund, taking out loans to get degrees in left handed puppetry, trying to impress others
Getting married and having kids…
@@Anonymous-md2qp yeah if you marry someone who doesn’t want to work, contribute, or combine finances I’d imagine it’s hard. Marriage helps in my case, the wife loves to work, runs her own business and makes more than me lol ( I used to make more) So I’m not complaining.
@@Anonymous-md2qp ...Getting divorced and losing the kids.
So so true 😮
A first sign that reflects this can also be not saving and investing most of what you make, too.
Getting married
110%
getting divorced.
😂😮😊
@@alchemizetoinfinityyes that’s even worse 😂
Actually dual income more successful.
Divorce and Kids are wealth killer.
Money problems are people problems. If they people don't change their money won't change either
A big sign is if your spouse has to mitigate you instead of work with you. Mine blew through $75k in 2 years and didn't even notice. So now I have to make sure I can carry her a$$ when I retire. Yay.
Dont get married lol
😮😮😮
I feel for you. I’m going through the same thing.
Most Chris Invests videos I've enjoyed, but i feel this video might be more impactful if it focused on how to identify decisions that make individuals bad with money. How to identify good opportunities from bad. the logic in this video as is seemed flawed;
1. being open to new ideas, only positive ideas were presented. What about scams that are presented as new investment strategies, or whole life insurance polices that are sold to people who don't actually need them. It's nearly impossible to be open to new ideas safely until a certain amount of financial education is completed.
2. repeatedly making mistakes, the assumption of the video is that everyone knows or has choices in over drafting or not saving. for those in the top 25-50% of socio-economic ranks these are choices, but for those stuck in low paying work or not making enough to cover basic expenses their only choice may be which "mistake" to make.
3. a lack of desire to communicate about money doesn't necessarily indicate poor choices, I've known people who were wealthy that didn't like to talk about money for fear of being ostracized, but were fantastic money managers.
If I only had someone smart to tell me where to put my money in my 401k that gets decent returns, and is somewhat secure
I rent..and i like it😊
Pay raises won't ever keep up with the cost of living and inflation.
Something to keep in mind
@passive101 Paying rent is like throwing money away literally and making someone else rich.
Is really that simple
When people tell me they have “bills” so they can’t hang out or do anything. I just stop talking to them.
Why?
@@RK-cj4ocyou can’t change their way of thinking. I told this this same person that saving $50 is as easy as setting aside $25 over the course of 2 pay checks. They told me that it’s not possible because they have “bills.” Same person asked to me to borrow $50 for gas and I just loaned it out to him.
2nd!!
3rd
1st
Yeah, just skip out on $5 coffees forever and wait until your 85 to enjoy life
Wearing a red hat is a give-away.
MAGA
Putz
Marrying poorly, getting divorce, and then remarrying people that only do it to get the other person's money is a huge nail in the coffin. Men, don't be stupid. Don't get married.
“Wealth is what you don’t see”… I also love your points here about being open to talk about your finances. That is a huge first step that would help many folks. Great video, Chris