Every week I buy more of whatever is the lowest percentage of my portfolio and try to keep everything around 10%. Please what could be my safest buys with $400k to outperform the market in 2024?
At present, the most prudent consideration for everyone should be diversifying their income sources, ones not reliant on government support, particularly given the ongoing global economic challenges. This remains an opportune moment to explore investments in assets like digital currencies such as Bitcoin, Ethereum, and XRP. thanks to Flora Elkin for her guidance in these fields, her proficiency is outstanding
How can you ensure that the money you put into your 401k and IRA will remain secure with the government when you retire? Are you sure that you will get paid?
You're an expert at making sure you maximize money coming in vs going out. I think it's also important to remember why we save and invest, and it's to live a better and happier life. If we're just being super frugal to save and invest as much as possible, there's a risk of overdoing it and not having fun or enjoying life. I'd rather work and have a fun lifestyle than be retired and live on a low budget. If spending money is causing stress and discomfort while you have the money to do it, it's probably a sign of overdoing it.
But a lot of Asians suffer from this scarcity mindset. An alternative would be to spend actual money on investing in yourself to be of more value as a whole. If you are truly confident and mentally healthy with yourself, money should not be EVERYTHING to you; your mind would naturally be able to focus on things like family, community, etc.
Hi BeatTheBush, What is your annual expense? If I recall correctly, I think it's about $20K USD. If it's true, can you do new video showing your expenses (breakdowns)? I believe you own your house in the Bay Area so with property tax, insurances for both car and house, I would be very interested in how you can keep your burn rate so low. Also, maybe doing a new video on your net worth? Thank you!
Personally, I think investors will start to seek more market diversification. can i confidently invest about $350k into the financial markets in 2024? I'm still not sure how rates will affect the market just yet, which worries me a lot.
Like how you did the solar you had an idea researched planned executed followed thru and completed do that a few times the crazy stuff you think about might actually be possible
Think about investing as a personal or private investment group agency or something and your employer paying that base investment into personal capital and the more you invest the more valuable you become and the more money you get paid and the more they invest in you just you controlling the funds what do you do with it lol tools machines equipment travel how can you blend and benefit work personal and private life one way or the other
I've done so many things that now thinking ahead is crazy I want to be a small private home developer and not only might be able to carry out an amazing dream but to potentially capitalize on my hard work experience love passion that's another story lol
Being broke and Rich all starts with the mindset. I can't count how many times I have tried to convinced people it is not always how much they make (Since they use that excuse every time) It is about how much they spend. But sadly some people don't see it. -Looking at their finances, they barely make 50k, and have 2 pets (Liability), go to concerts, buy gifts for others all the time. a car and not a place of their own.
Millionaire in 2024 means you’re middle class, nothing special, not bad though. You need 10 million to achieve the same allure as what the term millionaire meant 10 or 20 years ago.
The good thing about money is that once you have it you don't have to think so much about it, of course as long as you understand what are the real valuable things in life.
are you doing youtube videos as a LLC or your own , or what kind of business did you or do you register your videos? that will be a good video to work on.
That is so funny I like those broccoli rubber bands also I use to work in a office and miss all those office supplies .When I go to the bank I usually ask for a paper clip or a couple of tissues and get a free bank pen whenever I can.
Advice was hard to understand. Are you saying that supply and demand, making a decent wage, living below my means, and investing can make me a millionaire? I wish they taught us this in school.
There's an issue of making a video that can cater to any income level, it becomes very general. There's also how fast you want to amass that amount and what standard of living you are willing to live by while doing it.
@@BeatTheBush I was being sarcastic with the comment. I love your channel and have been following you for a while. For some people making money is just common sense, not so much for the general population. thanks for the reply 🙂
@@warriortokarev my elderly cousin did exactly that and passed away at 98 with 3 million in CDs and bonds. She was a grand master frugalista though. Still had her wedding sheets...unopened in original package
Step 1) Find millionaire. Step 2) Marry said millionaire. 😂 I can relate to 0:14...The more money my wife and I get from compound interest....the more I think about money daily TBH. Probably because I never realized compound interest....it seems truly magical since its not our daily used math. Though I have to admit the more money I have the less I want to talk about money to others.... especially family and friends. What I find funny is recently I found a $20 bill on the street which gave me as much joy as the recent Nov-Dec stock market surge....
Every week I buy more of whatever is the lowest percentage of my portfolio and try to keep everything around 10%. Please what could be my safest buys with $400k to outperform the market in 2024?
hey bro, you’re foregetting that we’re all here because of your minimal, frugal videos and financial videos, pls make more of it 🤑🤑🤑
At present, the most prudent consideration for everyone should be diversifying their income sources, ones not reliant on government support, particularly given the ongoing global economic challenges. This remains an opportune moment to explore investments in assets like digital currencies such as Bitcoin, Ethereum, and XRP. thanks to Flora Elkin for her guidance in these fields, her proficiency is outstanding
Crypto is for dummies ☕️
Can’t tell me nothing ☕️
You scammers are unbearable and should be in jail.
EZ to become millionaire get job with 401k, max it out. Max out IRA. Do this for 20 yrs in a row. BAM, you are millionaire.
How can you ensure that the money you put into your 401k and IRA will remain secure with the government when you retire? Are you sure that you will get paid?
Are you sure you want to sacrifice that many of the healthiest and best years of your life? Why not a less depressing way
@@rickyayyLOL what’s your idea then? Even the top 1% of high income earners contribute to a Roth or 401k.
How do you become billionaire this way?
Hey sorry I m new to this begat do you mean by max out ?
Hoping this reinvigorates your desire to make more finance videos! I'd say that's what most of us subs are here for.
Agreed!
did you just say you had "long covid for a week"?
You're an expert at making sure you maximize money coming in vs going out. I think it's also important to remember why we save and invest, and it's to live a better and happier life. If we're just being super frugal to save and invest as much as possible, there's a risk of overdoing it and not having fun or enjoying life. I'd rather work and have a fun lifestyle than be retired and live on a low budget. If spending money is causing stress and discomfort while you have the money to do it, it's probably a sign of overdoing it.
Some treat being frugal as a sport and yes, many are overdoing it. I might be on the extreme side but I've seen MUCH worse. =D
But a lot of Asians suffer from this scarcity mindset. An alternative would be to spend actual money on investing in yourself to be of more value as a whole. If you are truly confident and mentally healthy with yourself, money should not be EVERYTHING to you; your mind would naturally be able to focus on things like family, community, etc.
Hi BeatTheBush, What is your annual expense? If I recall correctly, I think it's about $20K USD. If it's true, can you do new video showing your expenses (breakdowns)? I believe you own your house in the Bay Area so with property tax, insurances for both car and house, I would be very interested in how you can keep your burn rate so low. Also, maybe doing a new video on your net worth? Thank you!
Sure I can re-review that at some point but it didn't change too much from years before.
Thank you for being realistic!!
BeatTheBush.........The undisputed mythical Legend !!
Welcome back BTB! I've been waiting for a video like this for a long time.
I don't know anything about broccoli bands but they look just like the bands we put on lobsters - I'm in Maine
Personally, I think investors will start to seek more market diversification. can i confidently invest about $350k into the financial markets in 2024? I'm still not sure how rates will affect the market just yet, which worries me a lot.
Like how you did the solar you had an idea researched planned executed followed thru and completed do that a few times the crazy stuff you think about might actually be possible
Think about investing as a personal or private investment group agency or something and your employer paying that base investment into personal capital and the more you invest the more valuable you become and the more money you get paid and the more they invest in you just you controlling the funds what do you do with it lol tools machines equipment travel how can you blend and benefit work personal and private life one way or the other
I've done so many things that now thinking ahead is crazy I want to be a small private home developer and not only might be able to carry out an amazing dream but to potentially capitalize on my hard work experience love passion that's another story lol
If you would turn on the heat you would get better. Turn on the heat Francis , you can afford it.
i was millionaire in my local currency but lost it and again became millionaire this year thanks to stocks lol !!! :D
Don’t get married and don’t have any kids!! lol but then don’t have have a legacy. Think about it
Love that you explore new areas, but it's good to see the king back on his throne.
Welcome back Francis. Life is good for you. Glad you are enjoying life traveling..
broccoli rubber band.
i live in taiwan. this is such a taiwanese type thing😂
Do a dogecoin update video
Was missing you dude.
What do you think of Ramit Sethi?
Watch Dave Ramsey for this subject matter
i made it out of low salary to millions. very lucky
I missed you making finance videos. Thank you
All the content is still there lol, go re-watch it I'm sure there's still something to gain from them.
Welcome Back ✌🏽 Solid Insight 💯
Welcome back to making and sharing videos!
Well this was a surprise, a good one! Hope you feeling better fully BTB.
my grilfriend says to tell you that you can cut up old dishwashing gloves into super sized rubber bands! lol
Interesting, never thought of that. =D
Really informative video..
Started my FI joueney in 2023. Your videos inspired me a lot. Love from india🎉
do you have a FI coach to guide you on your investment?
Good info, remember dodgecoin?😂 me, holding 200 plus million shib... I'm out at 1/2 penny... let's gooooo😮
HK has taught him well.
Being broke and Rich all starts with the mindset. I can't count how many times I have tried to convinced people it is not always how much they make (Since they use that excuse every time) It is about how much they spend. But sadly some people don't see it.
-Looking at their finances, they barely make 50k, and have 2 pets (Liability), go to concerts, buy gifts for others all the time. a car and not a place of their own.
Can you do a video on how to become a billionaire? For 2024, being a millionaire is not enough.
Ahh, probably cant since I am not one. It would just be a guess.
Just what I needed, I'm glad I started!
T-Rex and IceBat! Long time no see!
Millionaire in 2024 means you’re middle class, nothing special, not bad though. You need 10 million to achieve the same allure as what the term millionaire meant 10 or 20 years ago.
Truth. 1 million is a pittance especially with inflation. Can barely retire.
Agreed. I think it's more like 5 million is the new million these days. $1 Mil in 2000 is $1.82 Mil in 2024.
I ❤ this type of video
The broccoli rubber band killed me 😂🥦
Isn’t the break from social MEDIA Therapeutic
Beathebush will became dogecoin millionaire again since Bitcoin etf got approved again.
Sprinkle Sprinkle?
My burn rate is on absolute necessities so even with the title “Millionaire” I would continue to spend next to $0. Makes no difference really. 😊
The good thing about money is that once you have it you don't have to think so much about it, of course as long as you understand what are the real valuable things in life.
I'm very glad u r back making videos like this one.
Im a millionaire and I’m frugal as hell except when it comes to food
I hope you didn’t sell dogecoin. Since crypto bull run is here
are you doing youtube videos as a LLC or your own , or what kind of business did you or do you register your videos? that will be a good video to work on.
That is so funny I like those broccoli rubber bands also I use to work in a office and miss all those office supplies .When I go to the bank I usually ask for a paper clip or a couple of tissues and get a free bank pen whenever I can.
Are you married?? Hahahahahahah
Share your 500$ camera gear Amazon affliate link. I want to buy it.
That gear is now outdated. I have my current gear here: www.amazon.com/shop/beatthebush/list/1HTWD7Z7NLDT6?ref_=aip_sf_list_spv_ofs_list_d
Happy you've recovered. Thanks for the vid.
I’m going to become a millionaire in real estate
One of the best simple advice and it works
I really like watching your non finance videos, too
hey, by any chance do you require a video editor ?
Did you see Hokkaido covered in snow? And I can barely spend $20k/year lol.
I didn't. I was in Fukuoka area.
The answer is CRYPTO
Glad u back to business,thank you😊
Drop shipping...haha
First : steal a millon dollars
Great informational video.
solid life advice from lived experience
Voo to the moon 🌙
I became a millionaire selling my wares at Santana Row !
Nice! You have a store?
first
Great ideas :)
Great ideas.
A non millionaire telling someone how to become a millionaire is comical
Advice was hard to understand. Are you saying that supply and demand, making a decent wage, living below my means, and investing can make me a millionaire? I wish they taught us this in school.
There's an issue of making a video that can cater to any income level, it becomes very general. There's also how fast you want to amass that amount and what standard of living you are willing to live by while doing it.
@@BeatTheBush I was being sarcastic with the comment. I love your channel and have been following you for a while. For some people making money is just common sense, not so much for the general population. thanks for the reply 🙂
@@warriortokarev my elderly cousin did exactly that and passed away at 98 with 3 million in CDs and bonds. She was a grand master frugalista though. Still had her wedding sheets...unopened in original package
bro thinks he's a millionaire counting pennies lol
Bring a Millionaire is about how much stuff you have it’s a mathematical formula. Its numbers not lifestyle.
Do billionaire next!
He can’t speak on being a billy ☕️
Step 1) Find millionaire.
Step 2) Marry said millionaire.
😂
I can relate to 0:14...The more money my wife and I get from compound interest....the more I think about money daily TBH. Probably because I never realized compound interest....it seems truly magical since its not our daily used math. Though I have to admit the more money I have the less I want to talk about money to others.... especially family and friends. What I find funny is recently I found a $20 bill on the street which gave me as much joy as the recent Nov-Dec stock market surge....
Thanks man, you are honest and serious. So rare
Cheakskate
I’m never bored, talking about money. @BeatTheBush. Keep the great information coming!