The Worst 401(k) Mistakes We’ve Seen!

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  • เผยแพร่เมื่อ 30 ก.ย. 2024
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ความคิดเห็น • 20

  • @MichaelSmith-fj7di
    @MichaelSmith-fj7di ชั่วโมงที่ผ่านมา +7

    I think that the worst mistakes you can make with a 401(k) plan are as follows:
    1: Not Maximizing Your Employer Match
    2: Early Withdrawal
    3: Taking Out a 401(k) Loan

    • @DJ_Patent
      @DJ_Patent ชั่วโมงที่ผ่านมา

      2 out of 3 ain’t bad, except here.

  • @VanGoghGlobetrotter
    @VanGoghGlobetrotter ชั่วโมงที่ผ่านมา +2

    I sure don’t want anyone to kick my “assets” out! 😂😂😂 I definitely LOL’d on that one! Great show! 😊

  • @hulkslayer626
    @hulkslayer626 ชั่วโมงที่ผ่านมา +4

    It is sooooo frustrating when you try to help people who won't help themselves! My cousin, borrowed from his 401k and replaced it later. BUT, because he did it once, he now keeps thinking of it as an option. And i kept telling him to stop thinking of that as an option! Never touch it again. But... it's gone now. It's sad and has created a little friction between us. It just sucks watching someone make a mistake and not being able to stop them.

    • @colinlynch6491
      @colinlynch6491 46 นาทีที่ผ่านมา +1

      Yea, i learned not to give people advice unless they ask for it

  • @GregGriggs-nz4bj
    @GregGriggs-nz4bj ชั่วโมงที่ผ่านมา +1

    How could I get a SIGNED copy of Brian's book for a birthday 🎂 🥳 gift 🎁 in the next three weeks...??? 🤔

  • @Poindexter2291
    @Poindexter2291 21 นาทีที่ผ่านมา +1

    My biggest mistake - not pulling my 401k investments OUT of a target date fund and putting them into an index fund such as FXAIX. I didn't figure out how to do this until last week (truthfully I just didn't try hard enough to figure it out). I probably missed out on tens of thousands of dollars over the past 8 years because these target date funds are very low performing compared to the S&P 500

  • @Prod_Xanta
    @Prod_Xanta 13 นาทีที่ผ่านมา

    Tony stark made the first iron man suit in a cave with scrap metal tho

  • @TheLpdo
    @TheLpdo 4 นาทีที่ผ่านมา

    Can we get a “out in the wings” remix?

  • @dylankramer9249
    @dylankramer9249 55 นาทีที่ผ่านมา +1

    Comment

  • @abramtreadwell722
    @abramtreadwell722 ชั่วโมงที่ผ่านมา +1

    One of my fiancés and my friends are in their 30s and drained their 401ks to pay off their house. Since then, they’ve built a new deck and continuously blow money on eating out. We know it’s a massive mistake but they just don’t want to hear it. They have it all figured out of course. We’re around 8 years older.

    • @DJ_Patent
      @DJ_Patent 55 นาทีที่ผ่านมา

      Not the best move, but some people live their whole life without a paid-off home 🏡.

    • @xJayhawkFANx
      @xJayhawkFANx 54 นาทีที่ผ่านมา +2

      "one of your fiances??"

  • @HieouyaAgnèsDoyo
    @HieouyaAgnèsDoyo 21 นาทีที่ผ่านมา +2

    I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks will be appreciated

    • @SandrineKouassir
      @SandrineKouassir 21 นาทีที่ผ่านมา

      I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market.

    • @BensonTati
      @BensonTati 20 นาทีที่ผ่านมา

      I don't really blame people who panic. Lack of
      information can be a big hurdle. I've been
      making more than $100k passively by just
      investing through an advisor, and I don't have
      to do much work. Inflation or no inflation, my
      finances remain secure. So I really don't blame
      people who panic.

    • @SandrineKouassir
      @SandrineKouassir 20 นาทีที่ผ่านมา

      Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analyzing market movements and spotting profitable opportunities. Her strategies are meticulously crafted based on thorough research and years of practical experience.

    • @HieouyaAgnèsDoyo
      @HieouyaAgnèsDoyo 20 นาทีที่ผ่านมา

      nice! once you hit a big milestone, the next comes easier. How can i reach her, if you don't mind me asking?

    • @SandrineKouassir
      @SandrineKouassir 20 นาทีที่ผ่านมา

      look up her name on the web for her website.