big returns come from investing big. investing big comes from building conviction, conviction comes from understanding, understanding comes from doing your homework and research beyond surface level.
Accurate! asset allocation is crucial with an Experts guidance. I have 850k in equity, 300K cash earning 5.25 interest, 685k in 401k, 250k cash account, 120k in car assets ( paid off cars) Gold and silver bars. age is 48. My advisor helped me realign my portfolio to my risk tolerance and it boomed overtime.
The problem we have is because Most people always taught that " you only need a good job to become rich " . These billionaires are operating on a whole other playbook that many don't even know exists.
It is remarkable how much long term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.
The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world.
Even with the right technique and assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.
Dude This comment section is filled to the brim with financial advisor spam. I usually report like 2 or 3 on most Financial videos but this is the first time I've seen more than like 10 of them in a row. I hate these spam bots with a passion.
@@gijnsI don’t know, but anything related to money on the internet is almost always filled with bot comments and scams. I doubt most of these guys would waste their money on such a stupid thing!
Just reached 21.000 after 1 year of savings and now 3 months of steadily investing in ETF. Can't wait to reach 100k. Zero debt , zero credit card ever. Piano teacher
First hit $100k in early 2020, that covid dip really hurt at the time. 4 years later that dip is barely noticeable on the long term chart and we are well over $300k with increased contributions in recent years. Keep grinding out there! ABB - Always Be Buying!!
Hello Tmer, How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
One thing that needs to be mentioned - 36 years is a long time so looking after your health is a MUST! Gotta be alive to reap the benefits of the compound interest!
Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!
Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life because I invested early ahead this time .
In fact, I had no prior experience or understanding when I began investing in 2018, but by the end of 2019, I had made a profit of almost $750k. All I had been doing was going by what my financial advisor had told me. This demonstrates that all you truly need is a professional to assist you; you don't even need to be a great investor or put in a lot of work.
@@hunter-bourke21I just started a few months back, I'm going for long term, I'm still trying to wrap my head around it, who’s this advisor you work with ?
@@hunter-bourke21 Kudos on the effective execution of innovative ideas and tactics that lead to significant advancement. As I seek guidance from a trustworthy advisor, would you be willing to share details about the individual assisting you?
I initially did the big ticket buy, 150k into SCHD, 75k TSLA, 25k VYM, 25K VUG, AMZN 25K. Now I'm dca buying roughly 2k every week of whatever is on sale, and looking to add more tech positions to my portfolio. I'm looking to hold long term 15 - 20 years, so hopefully my lump sum buy in doesn't bite me in the ass long term.
In the past month, my "unexciting" index funds provided me with over $6,000 in dividends, giving me the option to spend without selling shares. Currently, I've opted to reinvest the dividends to acquire additional index funds for future growth.
I agree; I have approximately $1m in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, having a portfolio-advisor for investing is genius!
Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
Government policy has thrown the future under the bus for decades. The day of judgment is near. I predict an 80% drop in the stock market. Investors will abandon stocks in favor of real estate. There will be no money in banks... You must devise a strategy for survival.
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 over $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 "Rebecca Nassar Dunne" for the last five years or so, and her returns have been pretty much amazing.
Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid economy crisis, and even pull it off easily in favorable conditions. Unequivocally, the collapse is getting somebody somewhere rich.
I do not disagree, there are strategies that could be put in place for solid gains regardless of economy or market condition, but such execution are usually carried out by investment experts with experience since the 08' crash.
Nice. People often underestimate financial advisors' importance. Over 50 years of data reveal that those who work with advisors typically earn more than those who go it alone. I've been fortunate to work with one for 13 years, resulting in a $1 million portfolio, largely from early investments in AI and other growth stocks.
I also emailed her She responded so quickly, I didn’t even expect. What a wonderful woman She gave me an important advice - “Do not fall for the cheap scam from the comments” Legend
There is an equal market chance associated with each crash or collapse. I have seen people accumulate up to $1 million during a crisis, and even make it work in a strong economy if they are prepared and well-informed. Without a doubt, the bubble/collapse is making someone wealthy.
I completely agree. It's not just about the dividends or profits, Diversifying a portfolio can be a smart move and i always advise one gets a professional to help out.
The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, Financial Consultants are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded massively in ROI, summing up to 7-figures as of today.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
This reference seems valid.. Just looked up her full name on my browser and found her site without sweat, over 15 years of experience is certainly striking! very much appreciate it
Biggest lesson i learnt in 2024 in the stock market is that nobody knows what is going to happen next, so practice some humility and low a strategy with a long term edge.
Personally, I would say have a mentor. Not sure where you will get an experienced one, but if your knowledge of the market is limited, it seems like a good bet.
Some individuals minimize the importance of counsel until they make regrettable mistakes. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $175k to $450k despite inflation.
Julianne Iwersen-Niemann is the coach that guides me, you probably might have come across her before I found her through a Newsweek report. She's quite known in her field, look her up.
I manifested $40, 250 and $5000 in one week without working for it. I did it once. Just once. lol. I wanna do it everyday My investments portfolios are Bitcoin, Eth
As a beginner investor, it's essential for you to have a mentor to keep you accountable. Gillian Sara sheeran is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
Same here all thanks to Gillian Sara sheeran, she has always been there to guide me through with detailed analysis and recommendations that I wouldn't have access to otherwise.
Ma'am Gillian Sara sheeran is considered a key Crypto Strategist with one of the best copy Trading Portfolios and also very active in the cryptocurrency space.
I appreciate your commitment to guiding others toward financial success. We all strive for security and a better quality of life, and this can be achieved through smart investments, mindful spending, and effective budgeting. I'm thankful I discovered the value of hard work and financial independence early on in my journey.
Even though I engage in investing, I feel disheartened by my lack of expertise in assessing the performance of individual companies and determining the optimal timing for stock purchases. The erosion of my financial reserves due to inflation adds to my concerns. At this point, I require precise market trajectory information, but I find myself unsure about the appropriate course of action.
Investing can be easier with some guidance, so having a financial advisor helps. I've been working with one, and she's helped me achieve financial stability through passive income strategies. I highly recommend her.
Sonya Lee Mitchell has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.
My life changed too when I started doing this and putting money in stocks. The first few years it as really great, but this year I haven't felt like my portfolio is doing well. I have lost more than $40,000 from my portfolio the past four months, and it's now very worrisome.
Diversification is the secret to optimal performance. This is why I have my interests set on market sectors based on performance and projected growth, such as stock, EV sector, renewable energy, Tech, and Health. Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE
Several individuals minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
'Laurelyn Gross Pohlmeier' a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
I'm new to investing, and l've lost a good sum trying out strategies I found in online tutorials. I would sincerely appreciate any recommendations you have
The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional
Getting to $100,000 this year. Started at $4000 per year the first year(2012), then $6000 every year after. Last year I jumped to $9000. This year I should be putting in $16500. Hopefully, up to $18000 next year. My goal is not $1,000,000., but to get to $2000 per month in Dividend Income. Hoping to get there by 2030. Retired at 50 sounds nice.
Woah for real? I'm super excited. Sylvia nicolas strategy has normalized winning trades for me also. and it's a huge milestone for me looking back to how it all started😀
I live in Calgary, Alberta🇨🇦. She's recognized as 'Mrs Sylvia, one of the finest portfolio managers in the field and widely recognized; you should take a look at her work.
I had problem comprehending trading in general. I tried watching other TH-cam trading channels, but they made the concepts more complicated. I was almost giving up until when i discovered content and explain everything in detail. The videos are easy to follow
Trading on a demo account can definitely feel similar to the real market, but there are some differences. It's important to remember that trading involves risks and it's normal to face looses sometimes. One piece of advice is to start small and gradually increase your investments as you gain more experience and confidence. It might also be helpful to seek guidance from experienced traders or do some research on different trading strategies.
Markets look like 2015-16. Probably going back to all time highs, but will probably go sideways until fed signals rate cut, Recently sold 25% of my $285k portfolio comprising of plummeting stocks that were recommended by certain financial TH-camrs, quite devastating!
not their fault, the stock market seems to be more of a casino for gamblers now than a place for investors. even if you were averaging down on ailing companies, its your duty to properly research, buying the dip does not guarantee a rebound
The issue is most people have the “I will do it myself mentality” but not skilled enough. Ideally, advisors are perfect reps for investing jobs and at first-hand experience, my portfolio has yielded over 350%, since covid-outbreak to date, summing up nearly $1m.
How can I participate in this? I aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Vivian Jean Wilhelm” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
I was adviced to diversify my portfolio among several assets such as stocks and bonds since they can protect my portfolio for retirement of about $170k. I need advice: Do I keep contributing to my portfolio in this unstable market or do I look into alternative sectors?
The strategies are quite rigorous for the regular-joe. As a matter of fact, they are mostly successfully carried out by experts who have had a great deal of skillsets and knowledge to pull such trades off.
That is very correct. Having the right financial expert is invaluable. My portfolio is well matched for every season of the market and recently it has hit 80% rise from early last year. I and my CFP are aiming for a 6 figure ballpark goal.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Judith Lynn Staufer ’’ for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement of about $150k. I want to know: Do I keep contributing to my portfolio in these unstable markets, or do I look into alternative sectors?
the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $2m with the help of my advisor from an initial $350k investment.
Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.
The strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off
I agree. Based on my personal experience working with an investment advisor, I currently have $385k in a well-diversified portfolio that has seen exponential growth. It's not just about having money to invest in stocks; you also need to be knowledgeable, persistent, and have the strength to hold on during market fluctuations
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the drivin;g force behind your success?.
My CFA, Stacy Lynn Staples, is a renowned figure in her field. I recommend researching her name online; you’ll find all her credentials and everything you need to work with a reliable professional. With many years of experience, she is a valuable resource for anyone looking to navigate the financial market.
Thanks, I just googled her full name and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a call.
Took me seemingly FOREVER to reach the $100k mark. Now I’m roughly 1-2 years away from the $1M mark. Hoping to make it to $2M when retirement hits. Slow and steady wins the race!
Net worth truly snowballs after $100k! Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE!
As a beginner, educate yourself: Learn the basics of investing and the stock market. There are many resources available online , including books, articles, and online courses. It’s a good idea to diversify your portfolio across different stocks and sectors to minimize risk. I’ve heard of people accruing over $550k during recessions and inflation, its important to do your own research
Remember that investing in the stock market carries risks, and it’s important to do your own research and consult with a financial advisor before making any investment decisions.
Certainly true. My $550K portfolio was diversified across several markets with the assistance of an investment advisor, and in a matter of months, I was able to generate over $950K in net profit from high dividend paying stocks, bonds, and ETFs.
AMBER KAY WRIGHT is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
Engaging in active trading versus long-term investing requires unique strategies for maximizing returns. Active trading involves frequent buying and selling of securities, aiming to capitalize on short term market fluctuations. On the other hand, long-term investing focuses on holding assets over an extended period, leveraging the power of compounding.
Absolutely, the key to successful trading lies in a well defined strategy and execution. Whether you’re a day trader or a swing trader, having a plan that includes risk management and exit criteria is crucial. It isn’t just about making profits but also involves minimizing losses and staying resilient amidst market volatility.
Speaking from experience, I’ve been actively trading for the past 5 years and have made substantial gains. With careful research, analysis and execution, my portfolio has grown exponentially from $55,000 to over $1.1million USD. It is essential to stay level headed so as to ensure that fear or greed doesn’t stop you.
I have been in touch with a Financial advisor. With a startup of $ 100 k, my advisor chooses the entry command of my portfolio which has grown to approximately $ 450 k in some weeks.
I’m intrigued by your progress. Could you share some insights into your trading strategy or perhaps recommend any specific resources or mentors that have led to your success.
Creating wealth entails establishing positive routines, I had only $78k to my name at 42 when I first woke up to this reality. I chose the stock market as a medium of growth, got an excellent financial advisor,Financial management is a vital subject that many avoid, often leading to future regrets.
Indeed, currently I'm managing my finances wisely and being frugal. In the last 19 months, my investments grew by 43%, adding over $500K in profits. However, I've had losses in the past month, making me anxious. I'm unsure whether to sell everything or wait.
No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 2024.
There are many independent advisors to choose from. But I work with Monica Shawn Marti and we've been working together for almost four years and she's fantastic. You could pursue her if she meets your requirements. I agree with her.
I really appreciate your useful advice. I was able to set up a call with her and confirm her identity. She seems incredibly knowledgeable, and I appreciate your advice so much.
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second daughter. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks.
@@AlinaMathilda Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. MARGARET MOLLI ALVEY, a licensed fiduciary whom has made me over 5 figures in profit in less than seven months, handles my investments. I could leave you a lead if you need help.
If I had $360k I would invest $100k in tech & $260k into dividend stock with a proven track record to grow with capital appreciation & dividend increase year over year
Adding JEPI and JEPQ are smart additions in my opinion. As for staying committed to higher-risk investments, it's all about balancing your risk tolerance with your long-term goals.
The market is not necessarily a rollercoaster if you know your way around the market, there are various opportunities in the present market to accrue good profit, If you are not too savvy with the market, just buy and hold on strong companies with good earnings, or consult with advisors on ETFs and actively managed funds. that’s what works for my spouse and I. We've made over 30% capital growth minus dividends.
Finding financial advisors like Melissa Terri Swayne 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.
My Dad told me that he was working on his second million dollars. The first one was too hard, so he had moved on to work on the second million dollars. Another friend told me that getting the second million dollars is easier than getting the first, because you have a millionaire friend helping you.
The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies
The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading.
Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
'Amy Desiree Irish' a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
I've always been fascinated by how top investors achieve millionaire status through their investments. Currently, I'm sitting on $345K from a home sale and I'm torn between investing in stocks or holding out for a better opportunity?
I believe every Investor should start with ETFs for a solid foundation, then diversify across asset classes and maintain disciplined, regular investing to minimize risks and maximize growth.
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
NYCOLE CHRISTINA VANNATA a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
Really? I have over $100k in an account but it does not feel like anything. In perspective that's barely 1 nice mid sized SUV and a down payment on a house anymore so I never considered it enough to protect.
@AnnMitt good point. At 31 I'm guessing I'll have a few hundred thousand in retirement with what I have now. It's all index funds so not sure if it will get me through retirement but I'll keep putting money away.
@@AnnMitt People can go with $20K Per Year so the $100K gives People 5 More Years of more Wealth One Pricey Car is not worth it they lose 50% in the First years in Value
One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments. I'm planning to invest about $200k of my savings in stocks this year, and I hope I make profits.
You are right. The best approach I feel is to diversify investments- by spreading investments across different asset classes like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
That makes sense. I’ve been using a financial market expert for two years now and I own a six-figure diversified portfolio from investing in stocks. I want to diversify more this year, though.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
@@jasongallagher631 You understand the investments are growing, correct? I stopped contributing to my portfolio years ago, and it’s gone up $200k YTD (NVDA, AAPL, MSFT, GOOG, AMZN). A $300k investment in those would be at ~$420k by now; invested 4 years ago, it’d be over a million easily. Nothing weird or esoteric, just large cap companies everyone knows about.
To attain upper-class wealth, a wise individual recognizes that building financial success requires smart investments, strategic tax planning, and informed decision-making. Although the stock market offers growth potential, effectively seizing these opportunities demands both skill and expertise.
Stock investments can offer great potential, but it's essential to approach them with caution. I recommend consulting a financial advisor who can help you determine the optimal times to buy and sell.
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.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Lisa Grace Myer” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Market highs can sometimes be followed by corrections, but predicting the timing and extent of it is challenging. I've heard some analysts talk about a 'massive' correction. It makes me wonder if it's time to adjust my $120,000 portfolio.
Right, a lot of folks downplay the role of advisors until being burnt by their emotions, no offense. I remember some years back, during the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. As of today, my cash reserve has yielded from $350k to nearly $1m
Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Instead of trying to predict and prognosticate the stability of the market and precisely when the change is going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.
The professionals presently control the market since they not only have the essential business strategy but also have access to inside information that the general public is not aware of.
I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $2m with the help of my advisor from an initial $350k investment.
Laila artine kassardjian' is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
I am so happy that i made a productive decision about my finances that changed my life forever. I am a single Dad and i live in Florida, i bought my first house in September and i hope to retire next year at 40 if all goes well. Thanks to Mrs Judith M Layton for helping me achieve this.
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
I really appreciate the dedication in each video you post. To be successful one has to have multiple income streams and so on, also investors should understand the crossover between asset classes & liquidity flow. Patricia Annie Brooks focuses on Multi-asset trading, a single strategy to manage risk, profit, and the code or the actual decision-making across multi-asset classes. Her skills set is top notch
I'm surprised that you just mentioned Annie Brooks 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.
Her good reputation already speaks for her .I’m also one of the beneficiary of Annie Brooks. So happy I gave it a trial after being skeptic of the process.
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my inherited portfolio of about $2.5m. I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.
True, I mostly just buy and hold stocks, but my portfolio has been mostly in the red for quite awhile now. Unfortunately to be able to make good gains, you’ll need to be consistent and restructure your portfolio frequently.
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.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Aileen Gertrude Tippy” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
The whole point of wealth for me is freedom. My magic number in my mind is 5 million needed at 65 to not worry about anything. Am i better off investing a good portion of my income into stocks or saving my earnings to achieve this goal?
Varied sources of income is wise and especially living within your means. My net worth is $2M and I can pay my bills with no stress, but I don't live like I have that. I have no complaints.
Money advice is subjective, what works for you may not work for someone else, but it's always better to plan. I'm quite lucky exposed to personal finance at an early age, started job 19, bought first home 28, got laid-off work 36 amid covid-outbreak, and at once I consulted an advisor to handle growing my finance. As of today, I'm only 25% short of my $1m goal after subsequent investments.
Yes indeed.... *Izella Annette Anderson* has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
This video offers a great perspective on how compound interest builds wealth over time. The breakdown of how much money comes from contributions versus interest at different stages is particularly insightful. It motivates me to start investing early! One question I have is about reaching the million-dollar mark sooner. The video mentions a few factors besides math that can accelerate growth. Can you elaborate on some specific strategies to potentially reach that goal faster?
Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios in the last 3rd half of 2023 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder.
The truth is that this is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. My friend just pulled in more than $84k last month alone from his investment with his advisor. That is how people are able to make such huge profits in the market.
Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks.
Stay in the game, Hold, keep the stocks you have. You won’t necessarily need to add more to what you have, if you feel unsure about the Stocks you have, but just keep them in order to still receive the growth come Bullish time.
There are many differing viewpoints regarding equities and their projections for the next years; I strive for short-term substantial returns from market corrections, and I'd surely get on the boat if I knew anything about day-trading. I'm just searching for the appropriate moves to increase and protect my $490k reserve from inflation.
You're not alone, of course. However, it is essential to engage with a knowledgeable financial advisor to help you navigate the stock market if you are not familiar with it. Since I began working with one, I've been earning more money with less risk.
The current market might give opportunities to maximize profi.t, but in order to execute such effective transactions, you must be a skilled practitioner
I agree. Exactly why I now work with one. A lot of folks downplay the role of advisors until being burnt by their emotions, no offense. I remember some years back, during the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. As of today, my cash reserve has yielded from $350k to nearly $1m
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
"sherry dawn carrico " a well-known authority in this field. I would recommend looking into her credentials more because she has a great deal of expertise and is a great resource for anybody looking for advice on how to navigate the financial market.
Learned this early around 23 years old. Im passing 350k right now at the age of 35. Calculations show me well past 4 million when I hit 55. I currentky make 100k a year after taxes and invest 30k of it each year. My wife makes 55k and so we live off the combined income after investment.
The tough part is having the spare funds in the current economy. Especially for someone just starting out. On the flip side, also rough if you have a set back or don’t start until you’re 45
Something important in this video that people maybe don't pay attention too much, and that is you need to TRACK your financial gains and losses. Its the only way to build discipline to keep you motivated. If you don't track it, you don't follow it, if you don't live it week by week, month by month it is easy to lose focus and give up. My dividend reinvestment started wity $7, its almost at $400 now, and i keep going.
Impressive video traders show incredible resilience and discipline in the volatile market, masterfully balancing strategy and insight for success. Their dedication to continuous learning is inspiring. I'm especially grateful to Shea Ardolf, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
This information is valuable. I quickly searched her full name and her website appeared instantly, showcasing her impressive qualifications. Thank you for sharing.
After a series of trading setbacks, I was on the brink of giving up until I encountered Eugenia 's program. With her guidance, I've not only recouped past losses but am now charting a trajectory of consistent growth.
Trading systems allow you to limit the factor of emotional influence on decision-making, as well as to give the trade a certain degree of systemic character.
The first 100k seems to be so hard for some because you're basically still setting up a foundation for your portfolio to stand on and then the latter comes easier since now you're familiar with diversity ,where to place your funds. I made my first million from going diverse, mainly blue chip stocks. high value etfs, S&P500 and coins ..with the help of my F.A Anna Rounds Fay handling my portfolio it's been a year of steady growth.
Smart, I must commend you because etfs will keep making you solid profits through compounding while the other stocks pays monthly although advantageous you must've started big
Definitely, the current economic instability is causing a lot of concern. With factors like trade tensions and fluctuating markets, it's hard to predict what's coming next.
So what are really the best strategies to make our portfolio recession proof. my wife is already panicking, so many questions! will the rate cut next month lead to inflation? I'm very worried about my $1million stock portfolio losing value. It lost 20 % today alone
Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions.
True, my portfolio took a massive hit in 2022, and I almost sold everything to switch to cash savings. However, I was advised to consult a financial advisor. Following the guidance of this CFA, my portfolio started increasing by 10% monthly. She had anticipated the crash and rebalanced my portfolio accordingly.
bravo! I appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
The decision on when to pick an Adviser is a very personal one. I take guidance from Vivian Jean Wilhelm to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.
On my way to my first 100k next year. Gonna be a little bit more than 3 years starting from zero. I know I'm not there yet, but I'm really close. Not a lot of resources that talk about the journey from 100k to 1mil. I do hope that it will get easier.
"$100 a week, is basically skip one meal out a week." Dude where the hell are you eating that it cost $100 for one meal? I go out to eat with friends once a week and with a 30% tip my bill is usually under $20.
With 100K subs you know he might be eating at 4 or 5 star places only now... He is likely making a good income even if inconsistent. Yeah like so many finance TH-camrs they see very out of touch with what "lower income" people would do. People are no where close to "saving" $100 per week and the evidence was during Covid to that people are talking bad about gig apps.
I think the power of saving hit home when I got into the 30ks if the market went up .5% in a day on 30k that would be 15 dollars divide that by 8 hour, standard work day, you get 18.75 an hour. Obviously you don't get that peformance every day or even most days but it shows how much work your money can do
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Michelle Stewart.
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.
@@venturevlogzall my own money. Company only matches up to $1,500 a year. Been there 21 years and wished younger me would have had his contribution % as high as the last 4 years 😢 .
Curious if anyone here has tried copy trading. What was your experience? I’m relatively new to trading and I am looking study some traders and copy their open trades rather than investing myself and lose money emotionally
I successfully trade in my own portfolio, and also follow others because I'm interested in their strategies. I realized I've got better at managing the trader's strategies too. There's nothing wrong at all with having someone far more dedicated
To be 100% honest with you. I had the same question 4 years ago. I was confused as heck. Now copying other traders for over 3 years, I would like to tell you, YES copy trading is a good approach. Just keep in mind that the success of copying another trader lies in their transparency. Make sure you know who you are dealing with before copying them. My two cents. Goodluck!
It's usually best to ignore the trend whether bullish or bearish and stick to a proper trading plan, maybe with the help of a professional. I recently just started investing again so I am still in touch with the consultant that provides entry and exit points on the securities I focus on. He does all the technical analysis legwork while I go about my other businesses. You can use something else if you are the DIY type of guy. Investing has no one way to do it
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
Reached my first $100K last year at 23. Bought a bad rental property and about a year later I’m just under $100K. Thinking of selling the property and strictly investing in vanguard index funds. Hoping to become a millionaire before 30
In these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.
If you need advice, consider speaking with a financial advisor. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.
you are completely right, Advisors have information and paths that are not disclosed to the public.. I profited $560k in 2023 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.
This is huge! think you can point me towards the direction of your advisor? been looking at advisory management myself.. seeking ways to invest and make more money with the uncertainty in the economy.
Amber Dawn Brummit is among the most accomplished portfolio managers in the industry, widely acknowledged for her outstanding work. I highly recommend taking a closer look at her impressive portfolio.
It's not always straight forward. I had a 100k before the dot come crash, then I recovered and had almost 200k before the housing crash, then I had 400k before the covid crash. I'm just now hitting 1M. I've been a 1/3 of the way for 25 years. 😢
Excellent job. I am hoping to get to it the next couple of years. I am lazy and I don't pick stocks I use the s and p, so waiting will be a big part of getting to the million. I'm 30 now and hopefully by 50 I'll be close or hit that number.
Just over 200k and started investing my 401k at 25% about 480.00 every 2 weeks VFIAX plus another 250.00 a week into Amazon stock 139 shares 205 VOO 113 Apple only 2 NVDA but those shares are only going up hoping to retire in 14 years when I’m 62 🎉
I am 27 and i just started my ROTH IRA and deposited the max for 2024! I feel stupid for how long it took to get my life straight. The problem here is, what is the best way to invest the money to grow to $1 million for retirement?
I believe every Investor should start with ETFs for a solid foundation, then diversify across asset classes and maintain disciplined, regular investing to minimize risks and maximize growth.
You don't need to find the next NVDA to succeed in investing. Just choose top-notch ETFs and partner with a financial advisor like I did. I turned $100k into $20,000 in annual dividends-a significant milestone for me today.
Impressive! I admit I'm scared about retirement as I turn 60 on my next birthday. I need to ensure I have enough money to survive on. How can I consult your advisor? My retirement account isn't performing well.
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
I agree it gets easier the more you accumulate. I'm an amateur with a portfolio of 40k but it's hard for me to build confidence. I really want to hit the 100k mark soon. I want to invest another 20k over a one month span, but I want to be strategic about doing it so I can grow more and not stay stagnant. Any stock suggestions?
Not offering any particular advice, but I can assure you that it's not as hard as many people think it is. Ordinary investors lack the requisite level of diligence, so having a financial advisor on board is usually highly beneficial. In the market, this is how people generate enormous profits.
I agree. There's a lot of potential in the market. My friend introduced me to a financial advisor in 2021, and even though I was skeptical, I went on. I finally was making enough monthly dividend to quit my soulless job and pursue my dream to start a restaurant in New Jersey and still earn five figures in monthly dividends.
That's really great. I've tried doing some research myself to hire a financial advisor, but it's really overwhelming. Could you recommend who you work with, please?
🙏🙏🙏Only God knows how much grateful i am. After so much struggles I now own a new house and my family is happy once again everything is finally falling into place!
After I raised up to 325k trading with her I bought a new House and a car here in the states 🇺🇸🇺🇸 also paid for my son's surgery (Oscar). Glory to God.shalom.🙏
Earlier this week my portfolio hit $100k. This is my Roth and brokerage account combined, but it’s the same principle. I will soon see if $100k is the magic number they say it is. I get why it’s supposed to be the magic number in that interest really compounds once you have a large amount.
I am an active duty service member and I have been investing for a few years. I have reached a point where I could benefit from financial advice to improve my $160k portfolio which seems to be stagnant and maximize return on my investment.
You didn't provide detailed information about your portfolio makeup. However, I recommend seeking guidance from a financial advisor for a well-informed portfolio restructuring.
De-risk your portfolios, shore up your core holdings, and take some profits while balancing your portfolio allocations. I’d also suggest you go with a managed portfolio, but even those don’t perform so well, so it’s best you reach out to a fiduciary financial advisor to guide you, that’s what works for my wife and I. It's been 6 years now and we've grown our portfolio to $1m.
This caught my interest. I worry that I have a couple more months before retirement, and I want to switch to using a financial advisor, but I don’t really know how to find one.
Monica Shawn Marti is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
While investors are preparing to celebrate this year's soft landing, economic data doesn't appear to be cooperating, I’ve heard testimonies of people accruing over $250k this red period. What measures can I take to ensure this?
A solid strategy can be a key component of an investor’s portfolio. Well, the bigger the risk, the bigger the reward and such impeccable decisions are better guided by professionals.
Very true. Despite having no prior investing knowledge, I started investing after the pandemic and pulled in a profit of approximately $950k that same year. In reality, all I was doing was getting professional advice.
Absolutely true. I started investing following the pandemic despite having no prior experience, and I made about $950k in profit that year. Actually, all I was doing was seeking expert counsel.
I've changed advisors a few times before settling on "Melissa Jean Talingdan," whose assistance is excellent. You can definitely get her fundamental information by doing more research on her on your browser, in my opinion.
1/3 is faster than I tend to hear. 1/4 sounds more realistic. If you have high income and you put away 100k every 3 years then it will be much smaller of a fraction. Less than 1/5 in this scenario. But the good news is that your investment rate is going to boost your base like crazy. After 16 years you’ll be around 1 million. More than twice as fast. 36 years will see you at 5 million.
I've been playing with a calculator and it seems to depend very much on what your contribution amount. At $400/month, yes, it is 1/3 of the way. But if you contribute $1k/month (where I am almost at), it takes 6.45 years to get to $100k, and 26.07 years to get to $1 mil, which is about the 1/4 you are saying. And as you said, if you contribute even higher, the fraction of the journey that $100k accounts for is even smaller.
My portfolio doesn’t just cater to dividend stocks. I hold $VFIAX (S&P 500 index fund) in my Roth IRA and $VTI (Total Stock Market ETF) in my taxable brokerage account. Two of my largest holdings. The individual dividend stock positions all complement the index holdings.
We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.
Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst
My CFA Monica Shawn Marti , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.
As I ponder investing the proceeds from my recent Portland home sale into stocks, I'm torn between seizing the opportunity and timing the market. While I recognize it's a great time to buy, I'm uncertain if it's the perfect moment for me. My mind is also boggled by the impressive gains others in the same market have made - over $450,000 in mere months! I'm left wondering when I'll fully recoup my investment and whether I'm making the right move?
the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
Chris didn’t turn on the tax rate or inflation rate in this example as seen on his calculator. The return would have to be much greater than 8% to hit these time horizons once inflation and Uncle Sam takes their huge greedy bites. 🤷♂️
The problem with this thesis is that the majority of people don’t have enough income to be able to save $100.00 per month. And even if you were able to start right now carry out this plan for 36 years, in such time one million will only be worth a fraction of what it is today given inflation. And this doesn’t take into account the boom and bust cycles of the market.
I’ve been working since I was 18 and started out with nothing. Currently I’m about to turn 24 and I reached the 100k mark last December. Based on my current savings rate of about 28k per year and compound interest, I should reach 200k by the end of 2026. My biggest goal is to retire in my mid to late 30s with a house fully paid off and around 500k invested. I really, REALLY do not wanna slave my life away and be forced to work until I’m 65. The fact that most of us work 40+ hours per week for 45+ years is insane to me, and in my opinion wasteful of our one short life. It’s the exact reason why I’m so frugal and mindful of my finances.
We are the same age I’ve been working and investing since I was 17. I hit 150k just recently. Do you have a discord server by any chance? I’d like to communicate with people who have similar mindsets.
The idea of investing a significant sum of money may be both thrilling and intimidating. There is potential for considerable wealth increase with the correct strategy. How can one take advantage of compound interest and potentially grow your retirement savings to about $1M over time?
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K
It's true!! I started picking up pop cans for $0.10... sure it's only ten cents... now everything gets related to pop can costs. You want to order pizza? $23.90x10 cents ... that's 239 pop cans that I have to collect. "No thanks!! I'll just make my own!!"
The day I made a month’s pay from one of my minimum wage jobs just because the stock market hiccuped up 1% thanks to a $100,000 portfolio was eye opening.
big returns come from investing big. investing big comes from building conviction, conviction comes from understanding, understanding comes from doing your homework and research beyond surface level.
I want to start a Roth Ira before the end of the year. do you have any stock you would suggest to buy and hold long term?
Accurate! asset allocation is crucial with an Experts guidance. I have 850k in equity, 300K cash earning 5.25 interest, 685k in 401k, 250k cash account, 120k in car assets ( paid off cars) Gold and silver bars. age is 48. My advisor helped me realign my portfolio to my risk tolerance and it boomed overtime.
Please can you leave the info of your investment advisor here? I’m in dire need for one.
Her name is Lauren Camille Brown . I can't divulge much. Most likely, the internet should have her basic info, you can research if you like
I’ve just looked up her full name on my browser and found her webpage, very much appreciate this
The problem we have is because Most people always taught that " you only need a good job to become rich " . These billionaires are operating on a whole other playbook that many don't even know exists.
Money invested is far better than money saved , when you invest it gives you the opportunity to increase your financial worth.
It is remarkable how much long term
advantage people like us have gotten by trying to be consistently not stupid,
instead of trying to be very intelligent.
The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world.
Many individuals report success in investing in stocks,fx, yet I continue to struggle.Can somebody help me out or advise me on what to do?
Even with the right technique and assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.
Dude This comment section is filled to the brim with financial advisor spam. I usually report like 2 or 3 on most Financial videos but this is the first time I've seen more than like 10 of them in a row. I hate these spam bots with a passion.
Probably because these youtubers pay for fake views..
@@gijnsI don’t know, but anything related to money on the internet is almost always filled with bot comments and scams. I doubt most of these guys would waste their money on such a stupid thing!
Yeah, comments are unreadable its 90% scam bots.
It’s every video like this.
Same
Just reached 21.000 after 1 year of savings and now 3 months of steadily investing in ETF.
Can't wait to reach 100k.
Zero debt , zero credit card ever.
Piano teacher
First hit $100k in early 2020, that covid dip really hurt at the time. 4 years later that dip is barely noticeable on the long term chart and we are well over $300k with increased contributions in recent years.
Keep grinding out there! ABB - Always Be Buying!!
Hello Tmer, How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Thank you for the recommendation. I'll send her an email, and I hope I'm able to reach her.
You’re killing it 🙌🏻
That’s a good start for first year!
One thing that needs to be mentioned - 36 years is a long time so looking after your health is a MUST! Gotta be alive to reap the benefits of the compound interest!
This is definitely true. Dead men enjoy no nest eggs.
Yes I've found that the more I look at the potential compounding growth, the more I'm motivated to exercise and eat healthy!
Yea 45 years is half a century. That's like 3 world wars, govt defaults, hyperinflation...
Yes, chances are you’ll end up ded one way or another😢
@@amgjens Not in the US. Our life expectancy is 76 years. Chances are any young person who decides to invest will be alive to benefit.
Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!
Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life because I invested early ahead this time .
Exactly ! That's my major concern and what lucrative investment can one venture into with the current rise in economic downturn
In fact, I had no prior experience or understanding when I began investing in 2018, but by the end of 2019, I had made a profit of almost $750k. All I had been doing was going by what my financial advisor had told me. This demonstrates that all you truly need is a professional to assist you; you don't even need to be a great investor or put in a lot of work.
@@hunter-bourke21I just started a few months back, I'm going for long term, I'm still trying to wrap my head around it, who’s this advisor you work with ?
@@hunter-bourke21 Kudos on the effective execution of innovative ideas and tactics that lead to significant advancement. As I seek guidance from a trustworthy advisor, would you be willing to share details about the individual assisting you?
I initially did the big ticket buy, 150k into SCHD, 75k TSLA, 25k VYM, 25K VUG, AMZN 25K. Now I'm dca buying roughly 2k every week of whatever is on sale, and looking to add more tech positions to my portfolio. I'm looking to hold long term 15 - 20 years, so hopefully my lump sum buy in doesn't bite me in the ass long term.
In the past month, my "unexciting" index funds provided me with over $6,000 in dividends, giving me the option to spend without selling shares. Currently, I've opted to reinvest the dividends to acquire additional index funds for future growth.
I agree; I have approximately $1m in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, having a portfolio-advisor for investing is genius!
I find your situation fascinating. Would you be willing to suggest a trusted advisor you've worked with?
Her name is ‘’Aileen Gertrude Tippy’’ can't divulge much. Most likely, the internet should have her basic info, you can research if you like
I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.
Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
Government policy has thrown the future under the bus for decades. The day of judgment is near. I predict an 80% drop in the stock market. Investors will abandon stocks in favor of real estate. There will be no money in banks... You must devise a strategy for survival.
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 over $750k.
That does make a lot of sense; you appear to understand the market better than we do. This coach is who?
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 "Rebecca Nassar Dunne" for the last five years or so, and her returns have been pretty much amazing.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid economy crisis, and even pull it off easily in favorable conditions. Unequivocally, the collapse is getting somebody somewhere rich.
I do not disagree, there are strategies that could be put in place for solid gains regardless of economy or market condition, but such execution are usually carried out by investment experts with experience since the 08' crash.
Oh, really? I have never thought of that as an option. Can I ask who it is you've been working with? I bet I could use some help myself.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
Great video, Chris! The first $100,000 invested was amazing. But when you hit $300,000 it’s like smashing the glass ceiling! I cried.
Nice. People often underestimate financial advisors' importance. Over 50 years of data reveal that those who work with advisors typically earn more than those who go it alone. I've been fortunate to work with one for 13 years, resulting in a $1 million portfolio, largely from early investments in AI and other growth stocks.
I've been considering but haven't been proactive. Can you recommend your advisor? Could really use some assistance.
I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip
I also emailed her
She responded so quickly, I didn’t even expect. What a wonderful woman
She gave me an important advice - “Do not fall for the cheap scam from the comments”
Legend
There is an equal market chance associated with each crash or collapse. I have seen people accumulate up to $1 million during a crisis, and even make it work in a strong economy if they are prepared and well-informed. Without a doubt, the bubble/collapse is making someone wealthy.
I completely agree. It's not just about the dividends or profits, Diversifying a portfolio can be a smart move and i always advise one gets a professional to help out.
The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, Financial Consultants are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded massively in ROI, summing up to 7-figures as of today.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
Credits goes to Vivian Jean Wilhelm one of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.
This reference seems valid.. Just looked up her full name on my browser and found her site without sweat, over 15 years of experience is certainly striking! very much appreciate it
Biggest lesson i learnt in 2024 in the stock market is that nobody knows what is going to happen next, so practice some humility and low a strategy with a long term edge.
Personally, I would say have a mentor. Not sure where you will get an experienced one, but if your knowledge of the market is limited, it seems like a good bet.
Some individuals minimize the importance of counsel until they make regrettable mistakes. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $175k to $450k despite inflation.
Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.
Julianne Iwersen-Niemann is the coach that guides me, you probably might have come across her before I found her through a Newsweek report. She's quite known in her field, look her up.
I just checked her out on google and I have sent her an email. I hope she gets back to me soon.
Nice video. Could you also share insights on generating profits in Bitcoin? I've been experiencing consistent losses in my account
It's wise to get help from experts when you're starting to build your financial portfolio. It can be quite complex.
You're right, my advisor told me to diversify my 50k portfolio across different markets to maximize profits.
I would recommend talking to an expert like Michelle Brown to reshape your financial life
Buy low, sell high; that's how the market works
I was introduced to Michelle Brown by my wife's brother two years ago, ever since then my life has changed.
I manifested $40, 250 and $5000 in one week without working for it. I did it once. Just once. lol. I wanna do it everyday
My investments portfolios are Bitcoin, Eth
Investing and trading now will be the wisest thing to do especially with the current economic fluctuation and inflations.
That's awesome!!! I know nothing about investment and I'm keen on getting started. What are your strategies?
As a beginner investor, it's essential for you to have a mentor to keep you accountable. Gillian Sara sheeran is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
Same here all thanks to Gillian Sara sheeran, she has always been there to guide me through with detailed analysis and recommendations that I wouldn't have access to otherwise.
Ma'am Gillian Sara sheeran is considered a key Crypto Strategist with one of the best copy Trading Portfolios and also very active in the cryptocurrency space.
I appreciate your commitment to guiding others toward financial success. We all strive for security and a better quality of life, and this can be achieved through smart investments, mindful spending, and effective budgeting. I'm thankful I discovered the value of hard work and financial independence early on in my journey.
Even though I engage in investing, I feel disheartened by my lack of expertise in assessing the performance of individual companies and determining the optimal timing for stock purchases. The erosion of my financial reserves due to inflation adds to my concerns. At this point, I require precise market trajectory information, but I find myself unsure about the appropriate course of action.
Investing can be easier with some guidance, so having a financial advisor helps. I've been working with one, and she's helped me achieve financial stability through passive income strategies. I highly recommend her.
Could you possibly recommend a CFA you've consulted with?
Sonya Lee Mitchell has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.
My life changed too when I started doing this and putting money in stocks. The first few years it as really great, but this year I haven't felt like my portfolio is doing well. I have lost more than $40,000 from my portfolio the past four months, and it's now very worrisome.
Diversification is the secret to optimal performance. This is why I have my interests set on market sectors based on performance and projected growth, such as stock, EV sector, renewable energy, Tech, and Health. Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE
consider investment planning, learning from a well experienced advisor is invaluable
Several individuals minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
You seem to know the market better than we do, so that makes great sense. Who is the guide?
'Laurelyn Gross Pohlmeier' a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
I just Googled her name and her website came up right away. It looks interesting so far. I sent her an email and i hope she responds soon. Thanks
I'm new to investing, and l've lost a good sum trying out strategies I found in online tutorials. I would sincerely appreciate any recommendations you have
As a beginner, it's essential for you to have a pro or a very good trader to keep you accountable.
If you can, then get a professional to trade for you I think that way your assets are more secure.
Someone like expert Scarlett Hansley
The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional
This is correct, Scarlett's strategy has normalized winning trades for me also and it's a huge milestone for me looking back to how it all started.
Getting to $100,000 this year. Started at $4000 per year the first year(2012), then $6000 every year after. Last year I jumped to $9000. This year I should be putting in $16500. Hopefully, up to $18000 next year. My goal is not $1,000,000., but to get to $2000 per month in Dividend Income. Hoping to get there by 2030. Retired at 50 sounds nice.
Hope you achieve your goal
Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 17k in last month 2024.
Wow that's huge, how do you make that
much monthly?
Honestly speaking, I will continue to trade and stick to Sylvia Nicolas daily analysis and guides as long as it works well for me..
Woah for real? I'm super excited. Sylvia nicolas strategy has normalized winning trades for me also. and it's a huge milestone for me looking back to how it all started😀
I live in Calgary, Alberta🇨🇦. She's recognized as 'Mrs Sylvia, one of the finest portfolio managers in the field and widely recognized; you should take a look at her work.
please educate me, i am willing to make consultation to improve my financial situations.
I had problem comprehending trading in general. I tried watching other TH-cam trading channels, but they made the concepts more complicated. I was almost giving up until when i discovered content and explain everything in detail. The videos are easy to follow
Trading on a demo account can definitely feel similar to the real market, but there are some differences. It's important to remember that trading involves risks and it's normal to face looses sometimes. One piece of advice is to start small and gradually increase your investments as you gain more experience and confidence. It might also be helpful to seek guidance from experienced traders or do some research on different trading strategies.
I will advise you should stop trading on your own if you keep losing.
If you can, then get a professional to trade for you i think that way your assets are more secure
I'd recommend Annabelle Hartfield, her profit is great even when there's a dip
it's great to see others who also benefits from the service of mrs Annabelle Hartfield.👍
Markets look like 2015-16. Probably going back to all time highs, but will probably go sideways until fed signals rate cut, Recently sold 25% of my $285k portfolio comprising of plummeting stocks that were recommended by certain financial TH-camrs, quite devastating!
not their fault, the stock market seems to be more of a casino for gamblers now than a place for investors. even if you were averaging down on ailing companies, its your duty to properly research, buying the dip does not guarantee a rebound
The issue is most people have the “I will do it myself mentality” but not skilled enough. Ideally, advisors are perfect reps for investing jobs and at first-hand experience, my portfolio has yielded over 350%, since covid-outbreak to date, summing up nearly $1m.
How can I participate in this? I aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Vivian Jean Wilhelm” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
I was adviced to diversify my portfolio among several assets such as stocks and bonds since they can protect my portfolio for retirement of about $170k. I need advice: Do I keep contributing to my portfolio in this unstable market or do I look into alternative sectors?
The strategies are quite rigorous for the regular-joe. As a matter of fact, they are mostly successfully carried out by experts who have had a great deal of skillsets and knowledge to pull such trades off.
That is very correct. Having the right financial expert is invaluable. My portfolio is well matched for every season of the market and recently it has hit 80% rise from early last year. I and my CFP are aiming for a 6 figure ballpark goal.
Could you kindly elaborate on the advisor's background and qualifications?
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Judith Lynn Staufer ’’ for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement of about $150k. I want to know: Do I keep contributing to my portfolio in these unstable markets, or do I look into alternative sectors?
the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $2m with the help of my advisor from an initial $350k investment.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one.
Her name is 'Amy Desiree Irish’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.
The strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off
I agree. Based on my personal experience working with an investment advisor, I currently have $385k in a well-diversified portfolio that has seen exponential growth. It's not just about having money to invest in stocks; you also need to be knowledgeable, persistent, and have the strength to hold on during market fluctuations
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the drivin;g force behind your success?.
My CFA, Stacy Lynn Staples, is a renowned figure in her field. I recommend researching her name online; you’ll find all her credentials and everything you need to work with a reliable professional. With many years of experience, she is a valuable resource for anyone looking to navigate the financial market.
Thanks, I just googled her full name and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a call.
Took me seemingly FOREVER to reach the $100k mark. Now I’m roughly 1-2 years away from the $1M mark. Hoping to make it to $2M when retirement hits. Slow and steady wins the race!
Net worth truly snowballs after $100k! Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE!
Eh my % gain was the same at 90k as it was 100k
As a beginner, educate yourself: Learn the basics of investing and the stock market. There are many resources available online , including books, articles, and online courses. It’s a good idea to diversify your portfolio across different stocks and sectors to minimize risk. I’ve heard of people accruing over $550k during recessions and inflation, its important to do your own research
Remember that investing in the stock market carries risks, and it’s important to do your own research and consult with a financial advisor before making any investment decisions.
Certainly true. My $550K portfolio was diversified across several markets with the assistance of an investment advisor, and in a matter of months, I was able to generate over $950K in net profit from high dividend paying stocks, bonds, and ETFs.
Please can you leave the info of your investment advisor here? I’m in dire need for one.
AMBER KAY WRIGHT is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
Thank you for the lead. I looked her up and sent her an email. I hope she responds to me soon.
Engaging in active trading versus long-term investing requires unique strategies for maximizing returns. Active trading involves frequent buying and selling of securities, aiming to capitalize on short term market fluctuations. On the other hand, long-term investing focuses on holding assets over an extended period, leveraging the power of compounding.
Absolutely, the key to successful trading lies in a well defined strategy and execution. Whether you’re a day trader or a swing trader, having a plan that includes risk management and exit criteria is crucial. It isn’t just about making profits but also involves minimizing losses and staying resilient amidst market volatility.
Speaking from experience, I’ve been actively trading for the past 5 years and have made substantial gains. With careful research, analysis and execution, my portfolio has grown exponentially from $55,000 to over $1.1million USD. It is essential to stay level headed so as to ensure that fear or greed doesn’t stop you.
I have been in touch with a Financial advisor. With a startup of $ 100 k, my advisor chooses the entry command of my portfolio which has grown to approximately $ 450 k in some weeks.
I’m intrigued by your progress. Could you share some insights into your trading strategy or perhaps recommend any specific resources or mentors that have led to your success.
JOSEPH NICK CAHILL
Creating wealth entails establishing positive routines, I had only $78k to my name at 42 when I first woke up to this reality. I chose the stock market as a medium of growth, got an excellent financial advisor,Financial management is a vital subject that many avoid, often leading to future regrets.
Indeed, currently I'm managing my finances wisely and being frugal. In the last 19 months, my investments grew by 43%, adding over $500K in profits. However, I've had losses in the past month, making me anxious. I'm unsure whether to sell everything or wait.
No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 2024.
What steps can I take to engage in this opportunity? I genuinely aim to secure my financial future and am enthusiastic about taking part.
There are many independent advisors to choose from. But I work with Monica Shawn Marti and we've been working together for almost four years and she's fantastic. You could pursue her if she meets your requirements. I agree with her.
I really appreciate your useful advice. I was able to set up a call with her and confirm her identity. She seems incredibly knowledgeable, and I appreciate your advice so much.
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second daughter. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks.
@@AlinaMathilda Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. MARGARET MOLLI ALVEY, a licensed fiduciary whom has made me over 5 figures in profit in less than seven months, handles my investments. I could leave you a lead if you need help.
@@zubairadamu2477 Oh please I’d love that. Thanks!
@@AlinaMathilda MARGARET MOLLI ALVEY
Lookup with her name on the web,
If I had $360k I would invest $100k in tech & $260k into dividend stock with a proven track record to grow with capital appreciation & dividend increase year over year
Adding JEPI and JEPQ are smart additions in my opinion. As for staying committed to higher-risk investments, it's all about balancing your risk tolerance with your long-term goals.
The market is not necessarily a rollercoaster if you know your way around the market, there are various opportunities in the present market to accrue good profit, If you are not too savvy with the market, just buy and hold on strong companies with good earnings, or consult with advisors on ETFs and actively managed funds. that’s what works for my spouse and I. We've made over 30% capital growth minus dividends.
I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advis0r? I'll be happy to use some help.
Finding financial advisors like Melissa Terri Swayne 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.
I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.
My Dad told me that he was working on his second million dollars. The first one was too hard, so he had moved on to work on the second million dollars.
Another friend told me that getting the second million dollars is easier than getting the first, because you have a millionaire friend helping you.
The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies
The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading.
Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
'Amy Desiree Irish' a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
I just Googled her name and her website came up right away. It looks interesting so far. I sent her an email and i hope she responds soon. Thanks
I've always been fascinated by how top investors achieve millionaire status through their investments. Currently, I'm sitting on $345K from a home sale and I'm torn between investing in stocks or holding out for a better opportunity?
I believe every Investor should start with ETFs for a solid foundation, then diversify across asset classes and maintain disciplined, regular investing to minimize risks and maximize growth.
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Wow, that's interesting . I've recently been exploring the option of working with an FA too. Any chance you could recommend who you work with?
NYCOLE CHRISTINA VANNATA a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
If you reach $100K as a single person, seriously consider a prenup that protects that account and all its future earnings.
Really? I have over $100k in an account but it does not feel like anything. In perspective that's barely 1 nice mid sized SUV and a down payment on a house anymore so I never considered it enough to protect.
@@Chiefkitnmitnz now imagine your wife of 5 years filing for divorce and going after your $100-200K in the Roth.
@AnnMitt good point. At 31 I'm guessing I'll have a few hundred thousand in retirement with what I have now. It's all index funds so not sure if it will get me through retirement but I'll keep putting money away.
@@AnnMitt People can go with $20K Per Year so the $100K gives People 5 More Years of more Wealth One Pricey Car is not worth it they lose 50% in the First years in Value
One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments. I'm planning to invest about $200k of my savings in stocks this year, and I hope I make profits.
You are right. The best approach I feel is to diversify investments- by spreading investments across different asset classes like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
That makes sense. I’ve been using a financial market expert for two years now and I own a six-figure diversified portfolio from investing in stocks. I want to diversify more this year, though.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
Just research the name Jessica Lee Horst. You’d find necessary details to work with a correspondence to set up an appointment.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
I can attest it works in reality if you can be patient and diligent
Crossed $300k 4 years ago and cleared $1mil now
Great job 👍
So you contributed $10,563.44 every month? How do you make that much money?
@@jasongallagher631 No I didn't contribute that much! Most of it is from the growth of a property I sold and from the stock market going up.
@@jasongallagher631 You understand the investments are growing, correct? I stopped contributing to my portfolio years ago, and it’s gone up $200k YTD (NVDA, AAPL, MSFT, GOOG, AMZN). A $300k investment in those would be at ~$420k by now; invested 4 years ago, it’d be over a million easily. Nothing weird or esoteric, just large cap companies everyone knows about.
One of the best and underrated channels
Thank you 🙏
To attain upper-class wealth, a wise individual recognizes that building financial success requires smart investments, strategic tax planning, and informed decision-making. Although the stock market offers growth potential, effectively seizing these opportunities demands both skill and expertise.
Stock investments can offer great potential, but it's essential to approach them with caution. I recommend consulting a financial advisor who can help you determine the optimal times to buy and sell.
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.
How can I reach this advisor of yours? because I'm seeking for a more effective investment approach on my savings
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Lisa Grace Myer” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Another great video on compound interest!
Market highs can sometimes be followed by corrections, but predicting the timing and extent of it is challenging. I've heard some analysts talk about a 'massive' correction. It makes me wonder if it's time to adjust my $120,000 portfolio.
If you lack knowledge about market investing tactics, get advice from a financial counselor.
Right, a lot of folks downplay the role of advisors until being burnt by their emotions, no offense. I remember some years back, during the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. As of today, my cash reserve has yielded from $350k to nearly $1m
Mind if I ask you to recommend this particular coach you using their service ?
Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Instead of trying to predict and prognosticate the stability of the market and precisely when the change is going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.
The professionals presently control the market since they not only have the essential business strategy but also have access to inside information that the general public is not aware of.
I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $2m with the help of my advisor from an initial $350k investment.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
Laila artine kassardjian' is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
I am so happy that i made a productive decision about my finances that changed my life forever. I am a single Dad and i live in Florida, i bought my first house in September and i hope to retire next year at 40 if all goes well. Thanks to Mrs Judith M Layton for helping me achieve this.
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?
I was skeptical at first until I decided to try. It’s huge returns is awesome! I can’t say much.
I really appreciate the dedication in each video you post. To be successful one has to have multiple income streams and so on, also investors should understand the crossover between asset classes & liquidity flow. Patricia Annie Brooks focuses on Multi-asset trading, a single strategy to manage risk, profit, and the code or the actual decision-making across multi-asset classes. Her skills set is top notch
I'm surprised that you just mentioned Annie Brooks 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.
You trade with Annie Brooks too? Wow that woman has been a blessing to me and my family.
YES!!! That's exactly her name (Annie Brooks) so many people have recommended highly about her and am just starting with her from Brisbane Australia🇦🇺
I'm new at this, please how can I reach her?
Her good reputation already speaks for her .I’m also one of the beneficiary of Annie Brooks. So happy I gave it a trial after being skeptic of the process.
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my inherited portfolio of about $2.5m. I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.
True, I mostly just buy and hold stocks, but my portfolio has been mostly in the red for quite awhile now. Unfortunately to be able to make good gains, you’ll need to be consistent and restructure your portfolio frequently.
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.
My partner’s been considering going the same route, could you share more info please on the advisor that guides you?
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Aileen Gertrude Tippy” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
The whole point of wealth for me is freedom. My magic number in my mind is 5 million needed at 65 to not worry about anything. Am i better off investing a good portion of my income into stocks or saving my earnings to achieve this goal?
Varied sources of income is wise and especially living within your means. My net worth is $2M and I can pay my bills with no stress, but I don't live like I have that. I have no complaints.
Money advice is subjective, what works for you may not work for someone else, but it's always better to plan. I'm quite lucky exposed to personal finance at an early age, started job 19, bought first home 28, got laid-off work 36 amid covid-outbreak, and at once I consulted an advisor to handle growing my finance. As of today, I'm only 25% short of my $1m goal after subsequent investments.
@@mikegarvey17Could you possibly recommend a CFA you've consulted with?
Yes indeed.... *Izella Annette Anderson* has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
It took extraordinary effort to hit 200k! I’m excited to see what 5 years will bring. I’m not taking my foot off the gas till 60s.
This video offers a great perspective on how compound interest builds wealth over time. The breakdown of how much money comes from contributions versus interest at different stages is particularly insightful. It motivates me to start investing early!
One question I have is about reaching the million-dollar mark sooner. The video mentions a few factors besides math that can accelerate growth. Can you elaborate on some specific strategies to potentially reach that goal faster?
After two years saving, I'm at 170k. Can't wait to get to a million.
Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios in the last 3rd half of 2023 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder.
The truth is that this is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. My friend just pulled in more than $84k last month alone from his investment with his advisor. That is how people are able to make such huge profits in the market.
nice! once you hit a big milestone, the next comes easier.. who is your advisor please, if you don't mind me asking?
Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks.
Stay in the game, Hold, keep the stocks you have.
You won’t necessarily need to add more to what you have, if you feel unsure about the Stocks you have, but just keep them in order to still receive the growth come Bullish time.
There are many differing viewpoints regarding equities and their projections for the next years; I strive for short-term substantial returns from market corrections, and I'd surely get on the boat if I knew anything about day-trading. I'm just searching for the appropriate moves to increase and protect my $490k reserve from inflation.
You're not alone, of course. However, it is essential to engage with a knowledgeable financial advisor to help you navigate the stock market if you are not familiar with it. Since I began working with one, I've been earning more money with less risk.
The current market might give opportunities to maximize profi.t, but in order to execute such effective transactions, you must be a skilled practitioner
I agree. Exactly why I now work with one. A lot of folks downplay the role of advisors until being burnt by their emotions, no offense. I remember some years back, during the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. As of today, my cash reserve has yielded from $350k to nearly $1m
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
"sherry dawn carrico " a well-known authority in this field. I would recommend looking into her credentials more because she has a great deal of expertise and is a great resource for anybody looking for advice on how to navigate the financial market.
Learned this early around 23 years old. Im passing 350k right now at the age of 35.
Calculations show me well past 4 million when I hit 55.
I currentky make 100k a year after taxes and invest 30k of it each year. My wife makes 55k and so we live off the combined income after investment.
The tough part is having the spare funds in the current economy. Especially for someone just starting out.
On the flip side, also rough if you have a set back or don’t start until you’re 45
Something important in this video that people maybe don't pay attention too much, and that is you need to TRACK your financial gains and losses. Its the only way to build discipline to keep you motivated. If you don't track it, you don't follow it, if you don't live it week by week, month by month it is easy to lose focus and give up. My dividend reinvestment started wity $7, its almost at $400 now, and i keep going.
I reached 100k across 3 accounts late last year (403b, Roth IRA, and brokerage) at age 44. I'm on track to reach the magic number at age 57 😁
Across 3 accounts won't compound as quickly
@@jackwebb3757 Yes, I know, my job won't allow me to combine my TRS and 403b plus my Roth IRA is separate. I'm still happy that I got to 100k!
@@jackwebb3757 not true
@@jackwebb3757it’s the same result. 100k with 10% gain is 110k. Two accounts with 50k and 10% gain is also 110k after one year.
My opinion is to focus on the Roth IRA, the gain from this Roth is tax free. The left over form it can be transferred to your heirs 😊😊
Inflation will destroy your gains over the years.
Impressive video traders show incredible resilience and discipline in the volatile market, masterfully balancing strategy and insight for success. Their dedication to continuous learning is inspiring. I'm especially grateful to Shea Ardolf, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
Shea Ardolf program is widely available online..
This information is valuable. I quickly searched her full name and her website appeared instantly, showcasing her impressive qualifications. Thank you for sharing.
After a series of trading setbacks, I was on the brink of giving up until I encountered Eugenia 's program. With her guidance, I've not only recouped past losses but am now charting a trajectory of consistent growth.
Trading systems allow you to limit the factor of emotional influence on decision-making, as well as to give the trade a certain degree of systemic character.
Reason i invest in the crypto market; to make my money work for me, to prevent inflation from eroding my savings
The first 100k seems to be so hard for some because you're basically still setting up a foundation for your portfolio to stand on and then the latter comes easier since now you're familiar with diversity ,where to place your funds. I made my first million from going diverse, mainly blue chip stocks. high value etfs, S&P500 and coins ..with the help of my F.A Anna Rounds Fay handling my portfolio it's been a year of steady growth.
Smart, I must commend you because etfs will keep making you solid profits through compounding while the other stocks pays monthly although advantageous you must've started big
Nice, you're a good lady for breaking this down, i reached out to your FA also through her web and her responses were articulated.
invest in stable stocks, my rule: if you previously liked the stock, then you should love it at a discounted price.
Hey, I'm in Austria. Wondering if the stuff you recommend is USA specific or does it translate to other western countries?
First $1 is hardest for most people you will encounter.
Definitely, the current economic instability is causing a lot of concern. With factors like trade tensions and fluctuating markets, it's hard to predict what's coming next.
So what are really the best strategies to make our portfolio recession proof. my wife is already panicking, so many questions! will the rate cut next month lead to inflation? I'm very worried about my $1million stock portfolio losing value. It lost 20 % today alone
Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions.
True, my portfolio took a massive hit in 2022, and I almost sold everything to switch to cash savings. However, I was advised to consult a financial advisor. Following the guidance of this CFA, my portfolio started increasing by 10% monthly. She had anticipated the crash and rebalanced my portfolio accordingly.
bravo! I appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
The decision on when to pick an Adviser is a very personal one. I take guidance from Vivian Jean Wilhelm to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.
I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.
26 here and just reached 100k investment milestone! 48k in my Roth 401k and 26k in my Roth IRA and 28k in my brokerage account!
Keep us posted on how long it takes you to get to 200k 🎉
On my way to my first 100k next year. Gonna be a little bit more than 3 years starting from zero. I know I'm not there yet, but I'm really close. Not a lot of resources that talk about the journey from 100k to 1mil. I do hope that it will get easier.
Year 37. 1.9 million including home. All done on below average income. It can be done, but it takes some discipline.
Impressive, surely be some luck there too though?
@@playwithpassionyou call it luck I call it hard work
Chris always has an awesome perspective… I had to watch this one twice! Great video
Thanks for watching!
"$100 a week, is basically skip one meal out a week." Dude where the hell are you eating that it cost $100 for one meal? I go out to eat with friends once a week and with a 30% tip my bill is usually under $20.
With 100K subs you know he might be eating at 4 or 5 star places only now... He is likely making a good income even if inconsistent. Yeah like so many finance TH-camrs they see very out of touch with what "lower income" people would do. People are no where close to "saving" $100 per week and the evidence was during Covid to that people are talking bad about gig apps.
I think the power of saving hit home when I got into the 30ks if the market went up .5% in a day on 30k that would be 15 dollars divide that by 8 hour, standard work day, you get 18.75 an hour. Obviously you don't get that peformance every day or even most days but it shows how much work your money can do
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Michelle Stewart.
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.
You trade with Michelle Stewart too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
she's mostly on Telegrams, using the user name.
If it took 18 years to hit $200k, I can't even imagine how rewarding it must feel when compound interest REALLY kicks in! 🚀
$1,156.26 is what I’m currently contributing to my 401k each month at the age of 42
How much of it was your money and how long has it been growing?
You need to look up the financial order of operations
@@venturevlogzall my own money. Company only matches up to $1,500 a year. Been there 21 years and wished younger me would have had his contribution % as high as the last 4 years 😢 .
Curious if anyone here has tried copy trading.
What was your experience? I’m relatively new to trading and I am looking study some traders and copy their open trades rather than investing myself and lose money emotionally
I successfully trade in my own portfolio, and also follow others because I'm interested in their strategies. I realized I've got better at managing the trader's strategies too. There's nothing wrong at all with having someone far more dedicated
To be 100% honest with you. I had the same question 4 years ago. I was confused as heck. Now copying other traders for over 3 years, I would like to tell you, YES copy trading is a good approach. Just keep in mind that the success of copying another trader lies in their transparency. Make sure you know who you are dealing with before copying them. My two cents. Goodluck!
It's usually best to ignore the trend whether bullish or bearish and stick to a proper trading plan, maybe with the help of a professional. I recently just started investing again so I am still in touch with the consultant that provides entry and exit points on the securities I focus on. He does all the technical analysis legwork while I go about my other businesses. You can use something else if you are the DIY type of guy. Investing has no one way to do it
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
Sure. He's known as Larry Kent Burton . One of the finest portfolio managers in the field. He's widely recognized.
Reached my first $100K last year at 23. Bought a bad rental property and about a year later I’m just under $100K. Thinking of selling the property and strictly investing in vanguard index funds. Hoping to become a millionaire before 30
What went bad with the investment property
@@Starinvestnestout of state. Bad neighborhood. Overpaid. I was anxious to get into real estate and jumped the gun
In these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.
If you need advice, consider speaking with a financial advisor. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.
you are completely right, Advisors have information and paths that are not disclosed to the public.. I profited $560k in 2023 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.
This is huge! think you can point me towards the direction of your advisor? been looking at advisory management myself.. seeking ways to invest and make more money with the uncertainty in the economy.
Amber Dawn Brummit is among the most accomplished portfolio managers in the industry, widely acknowledged for her outstanding work. I highly recommend taking a closer look at her impressive portfolio.
The advisor that guides me is Amber Dawn Brummit, most likely the internet is where to find her basic info, just search her name. She's established.
It's not always straight forward. I had a 100k before the dot come crash, then I recovered and had almost 200k before the housing crash, then I had 400k before the covid crash. I'm just now hitting 1M. I've been a 1/3 of the way for 25 years. 😢
I reached 100k by age 30. I'll be 31 this year in September.
Roughy the same
Excellent job. I am hoping to get to it the next couple of years. I am lazy and I don't pick stocks I use the s and p, so waiting will be a big part of getting to the million. I'm 30 now and hopefully by 50 I'll be close or hit that number.
Just over 200k and started investing my 401k at 25% about 480.00 every 2 weeks VFIAX plus another 250.00 a week into Amazon stock 139 shares 205 VOO 113 Apple only 2 NVDA but those shares are only going up hoping to retire in 14 years when I’m 62 🎉
I am 27 and i just started my ROTH IRA and deposited the max for 2024! I feel stupid for how long it took to get my life straight. The problem here is, what is the best way to invest the money to grow to $1 million for retirement?
I believe every Investor should start with ETFs for a solid foundation, then diversify across asset classes and maintain disciplined, regular investing to minimize risks and maximize growth.
You don't need to find the next NVDA to succeed in investing. Just choose top-notch ETFs and partner with a financial advisor like I did. I turned $100k into $20,000 in annual dividends-a significant milestone for me today.
Impressive! I admit I'm scared about retirement as I turn 60 on my next birthday. I need to ensure I have enough money to survive on. How can I consult your advisor? My retirement account isn't performing well.
Whitney Kay Stacy" is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
I agree it gets easier the more you accumulate. I'm an amateur with a portfolio of 40k but it's hard for me to build confidence. I really want to hit the 100k mark soon. I want to invest another 20k over a one month span, but I want to be strategic about doing it so I can grow more and not stay stagnant. Any stock suggestions?
Not offering any particular advice, but I can assure you that it's not as hard as many people think it is. Ordinary investors lack the requisite level of diligence, so having a financial advisor on board is usually highly beneficial. In the market, this is how people generate enormous profits.
I agree. There's a lot of potential in the market. My friend introduced me to a financial advisor in 2021, and even though I was skeptical, I went on. I finally was making enough monthly dividend to quit my soulless job and pursue my dream to start a restaurant in New Jersey and still earn five figures in monthly dividends.
That's really great. I've tried doing some research myself to hire a financial advisor, but it's really overwhelming. Could you recommend who you work with, please?
*Sharon Lynne Hart* is the licensed advisor I use. Just research the name. You’ll find necessary details to work with to set up an appointment.
Thank you for the recommendation. I'll send her an email and I hope I'm able to connect with her.
Just an FYI, there is no evidence to suggest that Albert Einstein actually made that quote about compound interest
🙏🙏🙏Only God knows how much grateful i am. After so much struggles I now own a new house and my family is happy once again everything is finally falling into place!
Thank you Jesus🙏🙏🙏, $32,000 weekly profits Our Lord Jesus have lifted up my Life.
Thanks to my co-worker (Alex) who suggested Mrs Mary Elizabeth Webb ..👍
After I raised up to 325k trading with her I bought a new House and a car here in the states 🇺🇸🇺🇸 also paid for my son's surgery (Oscar). Glory to God.shalom.🙏
What you are doing is not Christian...Scammer!
Earlier this week my portfolio hit $100k. This is my Roth and brokerage account combined, but it’s the same principle. I will soon see if $100k is the magic number they say it is. I get why it’s supposed to be the magic number in that interest really compounds once you have a large amount.
I am an active duty service member and I have been investing for a few years. I have reached a point where I could benefit from financial advice to improve my $160k portfolio which seems to be stagnant and maximize return on my investment.
You didn't provide detailed information about your portfolio makeup. However, I recommend seeking guidance from a financial advisor for a well-informed portfolio restructuring.
De-risk your portfolios, shore up your core holdings, and take some profits while balancing your portfolio allocations. I’d also suggest you go with a managed portfolio, but even those don’t perform so well, so it’s best you reach out to a fiduciary financial advisor to guide you, that’s what works for my wife and I. It's been 6 years now and we've grown our portfolio to $1m.
This caught my interest. I worry that I have a couple more months before retirement, and I want to switch to using a financial advisor, but I don’t really know how to find one.
Monica Shawn Marti is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip
While investors are preparing to celebrate this year's soft landing, economic data doesn't appear to be cooperating, I’ve heard testimonies of people accruing over $250k this red period. What measures can I take to ensure this?
A solid strategy can be a key component of an investor’s portfolio. Well, the bigger the risk, the bigger the reward and such impeccable decisions are better guided by professionals.
Very true. Despite having no prior investing knowledge, I started investing after the pandemic and pulled in a profit of approximately $950k that same year. In reality, all I was doing was getting professional advice.
Absolutely true. I started investing following the pandemic despite having no prior experience, and I made about $950k in profit that year. Actually, all I was doing was seeking expert counsel.
How do I find this financial counselor ?
I've changed advisors a few times before settling on "Melissa Jean Talingdan," whose assistance is excellent. You can definitely get her fundamental information by doing more research on her on your browser, in my opinion.
Remember this works both ways when you have high interest dept! Becareful with credit cards !
Absolutely...good point
1/3 is faster than I tend to hear. 1/4 sounds more realistic.
If you have high income and you put away 100k every 3 years then it will be much smaller of a fraction. Less than 1/5 in this scenario. But the good news is that your investment rate is going to boost your base like crazy. After 16 years you’ll be around 1 million. More than twice as fast. 36 years will see you at 5 million.
I've been playing with a calculator and it seems to depend very much on what your contribution amount. At $400/month, yes, it is 1/3 of the way. But if you contribute $1k/month (where I am almost at), it takes 6.45 years to get to $100k, and 26.07 years to get to $1 mil, which is about the 1/4 you are saying. And as you said, if you contribute even higher, the fraction of the journey that $100k accounts for is even smaller.
My portfolio doesn’t just cater to dividend stocks. I hold $VFIAX (S&P 500 index fund) in my Roth IRA and $VTI (Total Stock Market ETF) in my taxable brokerage account. Two of my largest holdings. The individual dividend stock positions all complement the index holdings.
I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.
We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.
Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst
Could you possibly recommend a CFA you've consulted with?
My CFA Monica Shawn Marti , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.
As I ponder investing the proceeds from my recent Portland home sale into stocks, I'm torn between seizing the opportunity and timing the market. While I recognize it's a great time to buy, I'm uncertain if it's the perfect moment for me. My mind is also boggled by the impressive gains others in the same market have made - over $450,000 in mere months! I'm left wondering when I'll fully recoup my investment and whether I'm making the right move?
the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
I just Googled her name and her website came up right away. It looks interesting so far. I sent her an email and i hope she responds soon.
It's astonishing how many people overlook the significance of having a Financial Advisor
Chris didn’t turn on the tax rate or inflation rate in this example as seen on his calculator. The return would have to be much greater than 8% to hit these time horizons once inflation and Uncle Sam takes their huge greedy bites. 🤷♂️
More or less kept to this in 401k, some years (2008 for example) dropped quite a bit but for the most part 8% has been the average return
The problem with this thesis is that the majority of people don’t have enough income to be able to save $100.00 per month. And even if you were able to start right now carry out this plan for 36 years, in such time one million will only be worth a fraction of what it is today given inflation. And this doesn’t take into account the boom and bust cycles of the market.
What’s pays 8% interest?
I’ve been working since I was 18 and started out with nothing. Currently I’m about to turn 24 and I reached the 100k mark last December. Based on my current savings rate of about 28k per year and compound interest, I should reach 200k by the end of 2026. My biggest goal is to retire in my mid to late 30s with a house fully paid off and around 500k invested. I really, REALLY do not wanna slave my life away and be forced to work until I’m 65. The fact that most of us work 40+ hours per week for 45+ years is insane to me, and in my opinion wasteful of our one short life. It’s the exact reason why I’m so frugal and mindful of my finances.
We are the same age I’ve been working and investing since I was 17. I hit 150k just recently. Do you have a discord server by any chance? I’d like to communicate with people who have similar mindsets.
The idea of investing a significant sum of money may be both thrilling and intimidating. There is potential for considerable wealth increase with the correct strategy. How can one take advantage of compound interest and potentially grow your retirement savings to about $1M over time?
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K
impressive gains! how can I get your advlsor please, if you dont mind me asking? I could really use a help as of now
impressive gains! how can I get your advlsor please, if you dont mind me asking? I could really use a help as of now
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
100,00 $ was a big deal 4 years ago. Now the inflations has kill everything .
thanks sleepy joe
My question is, What's the best way to make money from crypto trading? I really need help from investors and traders.
When investing it's of the utmost importance to diversify your money. This is a good way to invest
The number one skillset that an investor need to have is extreme patience and invest with a professional broker to guide you!
Buy low and sell high, also ensure you invest with a professional who has a unique skill in manipulating the market for profit gain. GOODLUCK!!!
I have one question, everytime I buy low and sell high I should be making more money right? But my wallet becomes less and less, why is this?
Me too I'm a beginner. I don't understand indicators that are used. Any guide or advice you wanna give me?? How to read indicators properly??
It's true!! I started picking up pop cans for $0.10... sure it's only ten cents... now everything gets related to pop can costs.
You want to order pizza? $23.90x10 cents
... that's 239 pop cans that I have to collect.
"No thanks!! I'll just make my own!!"
This is the way. Start as early as possible and increase the amount invested every month with each pay increase.
The day I made a month’s pay from one of my minimum wage jobs just because the stock market hiccuped up 1% thanks to a $100,000 portfolio was eye opening.