Investing Like a Millionaire | Dave Ramsey's Greatest Hits

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  • เผยแพร่เมื่อ 9 ม.ค. 2025

ความคิดเห็น • 799

  • @Hannahbenowitz
    @Hannahbenowitz 2 หลายเดือนก่อน +1136

    I admire the financial independence of people, But you can live better if you work a little more. After watching this I think there are people out there, on the extreme, who plan to die early just to be able to retire early. To each their own but to me retirement isn't just about not having to work, it's about having the freedom to do whatever you might reasonably want, such as travel, buying things, enjoying life, etc. I don't think I could retire with less than $3m in income-generating investments, maybe $2m at the very minimum. I plan to work until I'm at least 45.

    • @bartlyAD
      @bartlyAD 2 หลายเดือนก่อน +2

      Nobody knows anything, you need to create your own process, manage risk and stick to the plan, through thick or thin while also continuously learning from mistakes and improving

    • @PennyBergeron-os4ch
      @PennyBergeron-os4ch 2 หลายเดือนก่อน +2

      You're absolutely right. Many investors overestimate the difficulty of staying invested during market downturns. I often remind myself of Fidelity's study, which showed that the best-performing portfolios were those of investors who simply held on to their investments. With the guidance of my financial advisor, I've focused on selecting assets with both short-term and long-term potential. This strategy has proven successful for my portfolio so far.

    • @HildaBennet
      @HildaBennet 2 หลายเดือนก่อน +1

      Who’s the person guiding you?

    • @PennyBergeron-os4ch
      @PennyBergeron-os4ch 2 หลายเดือนก่อน +2

      Her name is “Sonya Lee Mitchell” can't divulge much. Most likely, the internet should have her basic info, you can research if you like

    • @HildaBennet
      @HildaBennet 2 หลายเดือนก่อน +2

      I just checked her out and I have sent her an email. I hope she gets back to me soon.

  • @Raymondcraw1967RaymondCrawley
    @Raymondcraw1967RaymondCrawley 3 หลายเดือนก่อน +1054

    I have been a dividend focused investor for a long time. This does not mean I don't own growth stocks, I do. A well rounded portfolio should be a mixture of both categories. One way to minimize the anxiety out of stock market investing, is to make sure you keep a large cash cushion. I invest in the market, but never put all my money in market.

    • @FaithAndrada-xo9ou
      @FaithAndrada-xo9ou 3 หลายเดือนก่อน +4

      I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.

    • @williamyejun8508
      @williamyejun8508 3 หลายเดือนก่อน

      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.

    • @chris-pj7rk
      @chris-pj7rk 3 หลายเดือนก่อน +2

      This is definitely considerable! think you could suggest any professional/advlsors i can get on the phone with? i'm in dire need of proper portfollo allocation

    • @williamyejun8508
      @williamyejun8508 3 หลายเดือนก่อน +4

      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.

    • @chris-pj7rk
      @chris-pj7rk 3 หลายเดือนก่อน +2

      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.

  • @DennisJack-km8ho
    @DennisJack-km8ho 5 หลายเดือนก่อน +394

    It's impossible for someone to become wealthy suddenly. A valuable lesson I've picked up from billionaires is to always invest in a diverse range of securities and to put in background effort, even if we usually just see the final product. I intend to profit from the approximately $200k that I want to put in stocks this year.

    • @CrystalJoy-32
      @CrystalJoy-32 5 หลายเดือนก่อน +3

      It may be a good idea to speak with a financial advisor who can help you develop a portfolio based on your individual goals and risk tolerance.

    • @LuvmeRos
      @LuvmeRos 5 หลายเดือนก่อน +2

      Having an investment advisor is the best way to go about the stock market right now. I was going solo, but it wasn't working. I’ve been in touch with an advisor for a while now, and just last year, I made over 80% capital growth minus dividends.

    • @FrankPatrick-no8zo
      @FrankPatrick-no8zo 5 หลายเดือนก่อน +2

      I've been considering but haven't been proactive. Can you recommend your advisor? Could really use some assistance.

    • @LuvmeRos
      @LuvmeRos 5 หลายเดือนก่อน +1

      Amber Michelle Smith 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.

    • @albacus2400BC
      @albacus2400BC 5 หลายเดือนก่อน +1

      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

  • @tahirisaid2693
    @tahirisaid2693 8 หลายเดือนก่อน +220

    Fear is a dangerous component, hindering us from taking the bold steps we need in other to reach our goals. Nobody can become financially successful overnight. They put in background work but we tend to see the finished part.

    • @georgestone0123
      @georgestone0123 8 หลายเดือนก่อน

      I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value

    • @georgestone0123
      @georgestone0123 8 หลายเดือนก่อน

      Oh, that sounds good.
      So, who is this person and how do I reach out?

    • @georgestone0123
      @georgestone0123 8 หลายเดือนก่อน

      I looked up her full name online and found her page. I emailed and made an appointment to talk with her; hopefully, she gets back to me.

  • @AnnBurrow-vb8tt
    @AnnBurrow-vb8tt 6 หลายเดือนก่อน +150

    A wise saying about investing according to my Friend who is a CFA is to be Patient and Think Long-Term. She said, “The stock market is a device to transfer money from the impatient to the patient.”

    • @BEAUTIFULDIANAFRANCIS
      @BEAUTIFULDIANAFRANCIS 6 หลายเดือนก่อน

      You are right! A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $110k and in the first 2 months , my portfolio was reading $294,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over 8 years we have been working together making consistent profit with good relationship understanding.

    • @LeslieWagenheim
      @LeslieWagenheim 6 หลายเดือนก่อน +1

      I own some shitcoins and I would like to switch those to nvidia stocks. Ofcourse the price is crazy booming right now, didn't dared to buy the stock when it was sub 6/700.Since split is incoming, I've seen news all over the internet right now. Could this be one of the last trains to hop on for Nvidia? And investing, I mean longterm investing. Few years atleast.I know no one can predict the market, so I'm mostly curious about your thoughts on my take.

    • @BEAUTIFULDIANAFRANCIS
      @BEAUTIFULDIANAFRANCIS 6 หลายเดือนก่อน

      Focus on two key objectives. Learn when to sell stocks to minimize losses and maximize gains to start protecting yourself. Second, prepare to make money when the market turns around. I advise speaking with a broker or financial counselor.

    • @AnnBurrow-vb8tt
      @AnnBurrow-vb8tt 6 หลายเดือนก่อน

      Experts say it makes sense to hire a financial advisor in the following circumstances: You don't have the time or inclination to manage your finances. You experience a major life event, such as a marriage, divorce, loss of a spouse, birth of a child, relocation, or change in your employment status.

    • @BEAUTIFULDIANAFRANCIS
      @BEAUTIFULDIANAFRANCIS 6 หลายเดือนก่อน

      Cynthia McClure Alexander is the licensed fiduciary I use for guidance. I do not think self-investing is worth it from my experience. Some may have no account minimums and charge annual management fees of less than 0.5% per amount managed. Self-directed investment accounts have the lowest costs and give you the most freedom, but the risks are higher. A safer choice is to hire a financial advisor and let them guide your investment strategy.

  • @JoshuaKerr-m4u
    @JoshuaKerr-m4u 25 วันที่ผ่านมา +1241

    I've been working hard to save money and contribute to early retirement and financial independence, but the economy has destroyed the majority of my portfolio since the pandemic. I want to know if I should continue to make contributions to my portfolio in these erratic markets or if I should look into other industries.

    • @DesireeJames-q1z
      @DesireeJames-q1z 25 วันที่ผ่านมา +3

      DCAing amongst various assets is a good strategy and can help reduce the impact of market volatility and thus a good strategy if you are looking to compound . However it is important to consider financial advisory when investing .

    • @DavidLucas-so8rr
      @DavidLucas-so8rr 25 วันที่ผ่านมา +2

      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

    • @Bridget-l7p
      @Bridget-l7p 25 วันที่ผ่านมา +2

      You appear to know the market better than we do, so that makes great sense. Who is the coach?

    • @DavidLucas-so8rr
      @DavidLucas-so8rr 25 วันที่ผ่านมา +1

      "Laurelyn Gross Pohlmeier," 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.

    • @Bako-b8j
      @Bako-b8j 25 วันที่ผ่านมา +1

      Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

  • @Jillyshrum
    @Jillyshrum หลายเดือนก่อน +562

    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.

    • @DannyGotts
      @DannyGotts หลายเดือนก่อน +4

      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.

    • @Jeffcraparo
      @Jeffcraparo หลายเดือนก่อน +3

      Exactly, a good number of people discredit the effectiveness of financial advisor, but over the past 10years, I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $1 million in gains… might not be a lot but i'm financially secure and that's fine by me.

    • @ImariJust
      @ImariJust หลายเดือนก่อน +3

      @@Jeffcraparo Impressive! How can I contact this advisor? My portfolio has underperformed, and I need guidance.

    • @Jeffcraparo
      @Jeffcraparo หลายเดือนก่อน +2

      One of the most well-known people in her field is my CFA, Anne Marie Holt. I advise doing more study on her qualifications. She is a great resource for anyone trying to understand the financial industry because of her many years of experience.

    • @ImariJust
      @ImariJust หลายเดือนก่อน +2

      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.

  • @caseybills5517
    @caseybills5517 2 หลายเดือนก่อน +584

    I' ve got £100k to invest. I want to build a nest egg for when I'm older. I want to know if it's a good idea to add all my savings into a long term ETF, set and forget Come back in 20-30 years, instead of 250-300 DCA every month. Which ETF would you recommend.?

    • @cowell621
      @cowell621 2 หลายเดือนก่อน +4

      As they say, time IN the market is better than trying to time the market. I think you should seek advice from a licensed financial advisor. They’ll give you guide on high risk and low risk investment strategies for your portfolio

    • @StacieBMui
      @StacieBMui 2 หลายเดือนก่อน +3

      Accurate asset allocation is crucial with an Experts guidance. I have 850k in equity, 275 cash earning 5.25 interest, 685k in 401k, 120k cash account, 80k 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 shortly.

    • @JamesLongman-v5r
      @JamesLongman-v5r 2 หลายเดือนก่อน +2

      I really want to get in with a financial advisor this year, especially as all markets are hitting highs. I don't want to be too optimistic and end up losing everything.

    • @StacieBMui
      @StacieBMui 2 หลายเดือนก่อน +2

      Rebecca Nassar Dunne 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.

    • @VictorBiggerstaff
      @VictorBiggerstaff 2 หลายเดือนก่อน

      She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.

  • @philipfletch
    @philipfletch หลายเดือนก่อน +1170

    you don't need a high IQ to be a good investor, just 2 qualities, self discipline and a lot of patience. Investing is mostly about behavioral psychology. How can I generate more income to retire with at least $3m for long term care?

    • @RoseGuerra7862
      @RoseGuerra7862 หลายเดือนก่อน

      We share common goal, making sure you are ready for your later years is very important. That's why passive investing works, low costs, better diversification and it enables people to overcome their behavioural bias especially if they engage professional help.

    • @martinheaway
      @martinheaway หลายเดือนก่อน

      It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $30k passively by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.

    • @JaneClark7861
      @JaneClark7861 หลายเดือนก่อน

      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

    • @martinheaway
      @martinheaway หลายเดือนก่อน +3

      'Amy Desiree Irish' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment

    • @JaneClark7861
      @JaneClark7861 หลายเดือนก่อน +2

      Thanks, i did a quick web search and i found Amy, i hope she responds to my mail.

  • @GraceOliviaf7y
    @GraceOliviaf7y 2 หลายเดือนก่อน +549

    The market trend can turn around very quickly. In fact, the indexes often switch from a bear market to a bull market when the news is at its worst and the mood of investors is at its lowest point. I read an article of people that grossed profits up to $150k during this crash, what are the best stocks to buy now or put on a watchlist?

    • @AgnesHarperq3x
      @AgnesHarperq3x 2 หลายเดือนก่อน

      In particular, amid inflation, investors should exercise caution when it comes to their exposure and new purchases. It is only feasible to get such high yields during a recession with the guidance of a qualified specialist or reliable counsel.

    • @TeddyAlexanderv6
      @TeddyAlexanderv6 2 หลายเดือนก่อน

      True, initially I wasn't quite impressed with my gains, opposed to my previous performances, I was doing so badly, figured I needed to diverssify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of 550k...that's like 7times more than I average on my own.

    • @NikolasMartine01
      @NikolasMartine01 2 หลายเดือนก่อน

      This aligns perfectly with my desire to organize my finances prior to retirement. Could you provide me with access to your advisor?

    • @TeddyAlexanderv6
      @TeddyAlexanderv6 2 หลายเดือนก่อน

      My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further.

    • @NikolasMartine01
      @NikolasMartine01 2 หลายเดือนก่อน

      I searched for her full name online, found her page, and sent an email to schedule a meeting. Hopefully, she responds soon. Thank you

  • @JenniferDavis7630
    @JenniferDavis7630 5 หลายเดือนก่อน +407

    As a fervent investor, I frequently ponder the methods and routes through which successful investors accumulate fortunes in the millions. Despite having a significant starting capital, I'm unsure about the precise strategies or channels that would lead to gains surpassing $400k, akin to those achieved by others recently.

    • @danieltaylor--65
      @danieltaylor--65 5 หลายเดือนก่อน +3

      The strategies are rigorous for the regular person. In fact, they are primarily executed successfully by professionals who possess a great deal of expertise and knowledge to carry out such trades effectively.

    • @RobertBrown..
      @RobertBrown.. 5 หลายเดือนก่อน +3

      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 $275k to $850k despite inflation.

    • @SarahTaylor_
      @SarahTaylor_ 5 หลายเดือนก่อน +2

      That makes a lot of sense; unlike us, you appear to have the market figured out. Who is the coach?

    • @RobertBrown..
      @RobertBrown.. 5 หลายเดือนก่อน +2

      Actually its a Lady. Yes my go to person is a "Kenna Muriel Hesseling". So easy and compassionate Lady. You should take a look at her work.

    • @EthanBrown_23
      @EthanBrown_23 5 หลายเดือนก่อน +2

      I conducted an online search for her complete name and located her page. Subsequently, I reached out via email to schedule a meeting for a discussion; I am now awaiting her response.

  • @HarryBishopm
    @HarryBishopm 5 หลายเดือนก่อน +446

    I’m new to all this, heard it's a good time to buy and basically I've just got $200k sitting duck in the bank and I’d really love to put it to good use seeing how stocks is at an all time-high.

    • @Shaine-d5t
      @Shaine-d5t 5 หลายเดือนก่อน

      The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner.

    • @Arleth-q1c
      @Arleth-q1c 5 หลายเดือนก่อน

      Partnering with a financial advisor has transformed my approach to investing. Their expertise and personalized guidance have not only helped me navigate complex financial markets but also optimized my portfolio to achieve my long-term goals efficiently.

    • @Pickerell
      @Pickerell 5 หลายเดือนก่อน

      pls how can I reach this expert, I need someone to help me manage my portfolio

    • @Arleth-q1c
      @Arleth-q1c 5 หลายเดือนก่อน

      *Victoria Louisa Saylor* is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

    • @AlyceJefferies
      @AlyceJefferies 5 หลายเดือนก่อน

      Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

  • @FrankPatrick-no8zo
    @FrankPatrick-no8zo 3 หลายเดือนก่อน +252

    I'm convinced that investing 50k-100k in the right company before it goes big is more important than saving for retirement. However, picking the right company is so hard. I have around 200k in a HYSA and want to invest it. What are the best opportunities now?

    • @CrystalJoy-32
      @CrystalJoy-32 3 หลายเดือนก่อน +3

      I believe investors should start with S&P 500/ETFs for a solid foundation, then diversify across asset classes and maintain disciplined, regular investing to minimize risks and maximize growth.

    • @LuvmeRos
      @LuvmeRos 3 หลายเดือนก่อน +2

      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.

    • @jose2212-
      @jose2212- 3 หลายเดือนก่อน +2

      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?

    • @LuvmeRos
      @LuvmeRos 3 หลายเดือนก่อน +1

      I've stuck with the popularly ‘’Monica Shawn Marti” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, I agree with her.

    • @RuthEvelyn-rc3bg
      @RuthEvelyn-rc3bg 3 หลายเดือนก่อน +1

      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 hope I'm able to connect with her.

  • @ClarenceFerland
    @ClarenceFerland หลายเดือนก่อน +181

    I reached $138k today. Thank you for all the knowledge and insights you've shared with me over the past few months. I began this journey in October
    2024. Financial education is essential for over 70% of the population, as only a few are truly literate in this area.
    Thanks so much Charlotte Grace Miller.

    • @shandegabrielrojas9350
      @shandegabrielrojas9350 หลายเดือนก่อน

      I'm surprised that you just mentioned and recommended Charlotte Miller, I met her at a conference in 2018 and we have been working together ever since.

    • @DianaLinden-l6q
      @DianaLinden-l6q หลายเดือนก่อน

      She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states

    • @henrybernhard0
      @henrybernhard0 หลายเดือนก่อน

      The very first time we tried, we invested $1400 and after a week, we received $5230. That really helped us a lot to pay up our bills.

    • @ZahirFriedman
      @ZahirFriedman หลายเดือนก่อน

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

    • @sarapalin
      @sarapalin หลายเดือนก่อน

      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

  • @NicholasBall130
    @NicholasBall130 8 หลายเดือนก่อน +334

    Interesting video I'm in my 50s and I'm more interested in investments that could set me up for retirement , I mean I've heard of people that netted hundreds of thousands during these crash, I listened to someone on a podcast who earned over $650K in less than a year, what's the strategy behind such returns?

    • @StocksWolf752
      @StocksWolf752 8 หลายเดือนก่อน +2

      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.

    • @lolitashaniel2342
      @lolitashaniel2342 8 หลายเดือนก่อน

      I searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you

    • @siege2928
      @siege2928 7 หลายเดือนก่อน

      Amount earned isn't the metric you need to emulate, reliable rate of return is.
      650k gained JUST ONCE isn't impressive.
      650k gained with 100 Million invested isn't impressive...
      650k gained RELIABLY EVERY YEAR for 10 years with 5 Million invested, IS impressive.

    • @igotyoubeat
      @igotyoubeat 14 วันที่ผ่านมา

      Education (not college), discipline, limited risk, cash on hand.

  • @Maverick7642
    @Maverick7642 5 หลายเดือนก่อน +229

    Overall, 51% of investors still think it's a good time to invest in stocks, mutual funds, and other equity-based investments, despite Treasury yields and other safer cash-like investments paying big. I’m thinking of investing $400k into my stock portfolio but unsure about what equities to get into.

    • @Scarlett34568
      @Scarlett34568 5 หลายเดือนก่อน

      That's up noticeably from 41% in the second quarter again, despite shaky-looking markets in August.

    • @Christian67337
      @Christian67337 5 หลายเดือนก่อน +1

      I stopped listening and taking financial advise from these TH-camrs, because at the end of the day, I end up with a bunch of confusing stocks without knowing when to take profit, In reality, all I needed was professional advice to take advantage and make profits.

    • @Alden457
      @Alden457 5 หลายเดือนก่อน

      talking about coaching, do u consider anyone worthy for recommendations? I have about 80k to taste the waters now that large cap stocks are at a discount... thanks

    • @Christian67337
      @Christian67337 5 หลายเดือนก่อน +2

      I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me, Aileen Gertrude Tippy' turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.

    • @Alden457
      @Alden457 5 หลายเดือนก่อน

      I just checked her out on google and I have sent her an email. I hope she gets back to me soon.

  • @Lamarche1959
    @Lamarche1959 4 หลายเดือนก่อน +1004

    We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $89k now to put in the market.

    • @E.GCreates
      @E.GCreates 4 หลายเดือนก่อน +2

      Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. I know someone who made over $350k in this recession influenced market, but to the best of my knowledge, it was through a financial advisor.

    • @KathHarnell
      @KathHarnell 4 หลายเดือนก่อน

      Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2019, and I return at least $21k ROI, and this does not include capital gain.

    • @phyllisburtonhearsawho
      @phyllisburtonhearsawho 4 หลายเดือนก่อน +1

      Would you mind telling me how to contact this specific coach using their service? You seem to have the solution, as opposed to the rest of us.

    • @travishada7482
      @travishada7482 3 หลายเดือนก่อน

      These are good Fidelity mutual funds to look into. FGRIX, FMAGX, FBGRX, and FPURX. Buy these and you will have a great portfolio

  • @carlsullivan11
    @carlsullivan11 10 หลายเดือนก่อน +77

    My mother listened to Dave on the radio while I was growing up, now I listen and have followed the same financial footsteps

    • @miawoodland1556
      @miawoodland1556 10 หลายเดือนก่อน

      I'VE BEEN TRYING TO FIND HIM ON THE RADIO -
      WHAT STATION IS HE ON??

  • @EmilyJustine-i
    @EmilyJustine-i 4 หลายเดือนก่อน +892

    (NYSE:ARR) is a high-yield mortgage REIT paying monthly dividends. The stock has a dividend yield of about 14%, as of August 14. If the stock has increased sharply because the business is performing exceptionally well, it could still be a bargain. I'm still looking for companies to make additions to my $350K portfolio, to boost performance. Here for ideas...

    • @RiosSteven-t
      @RiosSteven-t 4 หลายเดือนก่อน

      Safest approach i feel to tackle it 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. its important to seek the guidance of an expert

    • @FrankAlice
      @FrankAlice 4 หลายเดือนก่อน

      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.

    • @joanneslusher
      @joanneslusher 4 หลายเดือนก่อน

      impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now

    • @FrankAlice
      @FrankAlice 4 หลายเดือนก่อน

      Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.

    • @ChrisThomas-m6q
      @ChrisThomas-m6q 4 หลายเดือนก่อน

      Thank you for the lead, searched Elisse by her full name and at once spotted her consulting page, she seems highly professional having over 12 years of experience. amazing!

  • @IsabelConchita
    @IsabelConchita 2 หลายเดือนก่อน +1231

    Amazing content! I have been following your videos for sometime now, consistently kicking down Wall Street doors for two years now, I have over $320k in stocks. Currently, my portfolio is down by 15%. Wondering if they're any short term opportunities I can invest in.

    • @EricCarrasco-g8h
      @EricCarrasco-g8h 2 หลายเดือนก่อน

      I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience.

    • @PierreBailey3
      @PierreBailey3 2 หลายเดือนก่อน

      I stopped listening and taking financial advise from these TH-camrs, because at the end of the day, I end up with a bunch of confusing stocks without knowing when to take profit, 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.

    • @GrandtHudson1
      @GrandtHudson1 2 หลายเดือนก่อน

      Glad to have stumbled on this comment, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?

    • @PierreBailey3
      @PierreBailey3 2 หลายเดือนก่อน

      Elisse Laparche Ewing 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.

    • @MichelleAlbrighton
      @MichelleAlbrighton 2 หลายเดือนก่อน

      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.

  • @ReyesZaria
    @ReyesZaria 3 หลายเดือนก่อน +1294

    Hello I wish to start investing but I don't know how to begin. Any advice or contact for help?

    • @AyersMicaela
      @AyersMicaela 3 หลายเดือนก่อน

      Talking to an expert like Ethan Adams Freinburg to reshape your portfolio is a very smart move.

    • @MaysBurnett
      @MaysBurnett 3 หลายเดือนก่อน

      Same here. Ethan managing my profile was my best decision. i have withdrawn over 280k since

    • @NathalieValeria-s5t
      @NathalieValeria-s5t 3 หลายเดือนก่อน

      Ethan is trustworthy. in march, i started with 9k and my returns cleared out my 72k bank debt

    • @BenitezJacquelyn
      @BenitezJacquelyn 3 หลายเดือนก่อน

      Ethan possesses a keen insight on how economic insights can be leveraged for success. Certainly i willfully diversified my $42,000 portfolio across different markets.

    • @ReyesZaria
      @ReyesZaria 3 หลายเดือนก่อน

      How do i connect with Ethan? I would appreciate if you show me how to go about it.

  • @Benedictrud
    @Benedictrud 8 หลายเดือนก่อน +770

    About time ,Dave. I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?.

    • @Adambarking
      @Adambarking 8 หลายเดือนก่อน +5

      well as you know bigger risk, bigger results, but such impeccable high-value trades are often carried out by pros.

    • @GaryNicka
      @GaryNicka 8 หลายเดือนก่อน +4

      People dismiss the importance of advisors until they are burned by their own emotions. I remember a couple of summers ago, following my lengthy divorce, I needed a good boost to assist my business stay alive, so I looked for qualified consultants and came across someone with the highest qualifications. She has helped me raise my reserve from $275k to $850k, despite inflation.

    • @kurtKking
      @kurtKking 8 หลายเดือนก่อน +2

      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?.

    • @kurtKking
      @kurtKking 8 หลายเดือนก่อน

      Thanks for the tip.

    • @Mark-uk3ev
      @Mark-uk3ev 8 หลายเดือนก่อน

      I have been using high interest saving accounts for over 20 years and like the save 4.5 to 5% .. until the resent increase in inflation it was working well

  • @AliceAnderson-in1et
    @AliceAnderson-in1et 5 หลายเดือนก่อน +53

    I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 30k in crypto and made about $246k, but guess what? I put it all back and traded again and now I am rounding up close to a million.

    • @dulcehahn12
      @dulcehahn12 5 หลายเดือนก่อน +1

      How can one start,most times people don't know where to start when it comes to crypto.
      But it would be great if you can provide proper guidance on steps to follow please

    • @AliceAnderson-in1et
      @AliceAnderson-in1et 5 หลายเดือนก่อน

      As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Alex Gomez. A widely known crypto consultant

    • @dulcehahn12
      @dulcehahn12 5 หลายเดือนก่อน

      Please how can I get in touch with this Alex Gomez ? I really need to give him a try

    • @AliceAnderson-in1et
      @AliceAnderson-in1et 5 หลายเดือนก่อน

      This is he’s telegrams user name

    • @AliceAnderson-in1et
      @AliceAnderson-in1et 5 หลายเดือนก่อน

      @AlexRcoin THAT IS THE USER NAME
      THAT IS HIS USER NAME

  • @Armstrong741
    @Armstrong741 4 หลายเดือนก่อน +770

    I want to begin investing but require some help. I want to spread my $125,000 across various markets for better diversification. Do you have any advice or suggestions for assistance?

    • @BenTodd-fl8nv
      @BenTodd-fl8nv 4 หลายเดือนก่อน +5

      It's wise to seek expert assistance when beginning your financial portfolio. It's intricate, so professional guidance is so important..

    • @EverlyndPerez
      @EverlyndPerez 4 หลายเดือนก่อน +1

      By investing in high-dividend stocks, ETFs, and equity, I made a net profit of about $115k. It's been a successful venture!! thanks to my CFA for guiding me through my investment journey.

    • @Debbie.Burton
      @Debbie.Burton 4 หลายเดือนก่อน +3

      This is why I entrusted a fiduciary with my investmnt decisions. Many underestimate advisors until emotions lead to losses. My advisor crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to over $850k. My personal best so far

    • @judynewsom1902
      @judynewsom1902 4 หลายเดือนก่อน +3

      Hey friend, How can I work with your Fiduciary?

    • @Debbie.Burton
      @Debbie.Burton 4 หลายเดือนก่อน +2

      *Marissa Lynn Babula* 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..

  • @EvelynAmoako-n9r
    @EvelynAmoako-n9r หลายเดือนก่อน

    Love what you said about the Bible's view on debt. From age 18, my Boshop taught me and all other church members not to borrow money or be in debt. His teaching has stuck with me. I'm currently 24 and don't have much. I just discovered your channel. I believe my life is about to change in a great direction.

  • @Danzilly
    @Danzilly 10 หลายเดือนก่อน +29

    Love these clips! Dave is the Dad that will knock some sense into you! His wisdom has helped me a lot his voice reminds me of my dad that I lost 12 years ago.

  • @kortyEdna825
    @kortyEdna825 2 หลายเดือนก่อน +5

    I just switched up my Roth IRA to 50% SCHD, 25% SCHX, 25% SCHG, and my Roth 401k is 70% vanguard S&P 500 index, 20% vanguard growth index, and 10% vanguard international index. Seeking best possible ways to grow $350k into $1m+ before retirement, I'm 55.

    • @KaurKhangura
      @KaurKhangura 2 หลายเดือนก่อน +2

      Those sound like great picks! consider financial advisory so you don’t keep switching it up, top 3 payers for the month were $OHI, $KMI, and $EDP... not bad for 350k

    • @Justinmeyer1000
      @Justinmeyer1000 2 หลายเดือนก่อน +2

      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 14.3%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an advisor.

    • @brucemichelle5689.
      @brucemichelle5689. 2 หลายเดือนก่อน +2

      I'm intrigued by this. I've searched for financial advisers online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?

    • @Justinmeyer1000
      @Justinmeyer1000 2 หลายเดือนก่อน +1

      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.

    • @brucemichelle5689.
      @brucemichelle5689. 2 หลายเดือนก่อน

      Wow, her track record looks really good from what I found online. I'll take a chance and see how it goes. Thanks for the info

  • @peterm5555
    @peterm5555 10 หลายเดือนก่อน +16

    17:17 and on. I think this part is the most important. Live for yourself, not to impress others.
    'The valet is seldom impressed... until he gets the tip...'
    Be humble and down to earth and generous like you have millions.

    • @scottthomas8171
      @scottthomas8171 9 หลายเดือนก่อน

      Agree but I do feel that having a nice car is viewed as a sin by Dave. I started my first companies for my love of cars and no way to afford them. I worked to buy what I wanted. Not to impress but to enjoy. I just don't feel that Dave accepts that reality, he only sees "fairly expensive car = bad".

  • @Tnks4cmin
    @Tnks4cmin 4 หลายเดือนก่อน +526

    I'm mostly in cash and waiting for this market to re-level on the reality of our situation. Or are there any ways I can avoid a crunch and maximize my savings of $350k?

    • @RobbStonee
      @RobbStonee 4 หลายเดือนก่อน +2

      from studies, 90% of the time in an election year, the stock market stays positive for quite a long time. 2024 is no exemption, but it is better to be guided, ideally by a well experienced and licensed advisor

    • @Marquez919
      @Marquez919 4 หลายเดือนก่อน +1

      How do I reach out to a financial advisor, my portfolio has been struggling since 2022 and I’ve been holding on by the skin of my teeth.

    • @livia-s6t
      @livia-s6t 4 หลายเดือนก่อน

      I must say, she appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled a call

    • @asherperry3899
      @asherperry3899 4 หลายเดือนก่อน +1

      HOLY CRAP, GET OUT OF CASH ASAP!! You’re losing so damn much. At least buy a house if you aren’t gonna invest it. Be conservative with investment if that’s your problem. Large cap mutual funds or something

    • @asherperry3899
      @asherperry3899 4 หลายเดือนก่อน +2

      I invest for 15 years from now so I don’t give a crap what happens to the market this year or next. Ride the wave buddy. Timing the market is a great way to go broke. Enjoy the ride.

  • @ReAl-uu8ku
    @ReAl-uu8ku 6 หลายเดือนก่อน +1

    Dave, you are a breath of fresh air! Greetings from Ontario, Canada 🙌

  • @susannicky
    @susannicky หลายเดือนก่อน +279

    The BIGGEST LIE You've Been Told About Money is that it doesn't grow on TREES!! 😆

    • @ibrahimaisaadan
      @ibrahimaisaadan หลายเดือนก่อน +1

      I agree with you!! Money actually grow on trees but only on trees that was planted by you!! These tress are referred to as investments. How you diversify your investment portfolio matters

    • @bahijarhafiri
      @bahijarhafiri หลายเดือนก่อน

      Diversification is the key. My portfolio is well diversified with the help of a financial adviser. This helps me make more than +400% monthly on my investments.

    • @BaffySchenck
      @BaffySchenck หลายเดือนก่อน +1

      I'm intrigued by this. I've searched for financial advisers online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?

    • @bahijarhafiri
      @bahijarhafiri หลายเดือนก่อน

      I've experimented with a few over the past years, but I've stuck with ‘’Julianne Iwersen Niemann” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.

    • @BaffySchenck
      @BaffySchenck หลายเดือนก่อน

      I just googled her 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 caII.

  • @Aurierserge50
    @Aurierserge50 9 หลายเดือนก่อน +2

    Just discovered your channel with this video and you make a lot of sense-- case studies are useful and I'd like to see more in the future! Creating wealth entails establishing routines, such as setting aside funds for investments. Salary is a drug, Its never enough.

  • @lawerencemiller9720
    @lawerencemiller9720 10 หลายเดือนก่อน +386

    I have been a dividend focused investor for a long time. This does not mean I don't own growth stocks, I do. A well rounded portfolio should be a mixture of both categories. One way to minimize the anxiety out of stock market investing, is to make sure you keep a large cash cushion. I invest in the market, but never put all my money in market.

    • @alexyoung3126
      @alexyoung3126 10 หลายเดือนก่อน +5

      Dividends are dope. Personally, I sometimes use my dividends to buy other dividend and growth stocks for diversification instead of reinvesting in the same stock. To each their own methods though. The good thing is that you’re investing in the first place and that’s what’s important.

    • @johnlennon232
      @johnlennon232 10 หลายเดือนก่อน +3

      I agree. Based on personal experience working with an investment advisor, I currently have $1m in a well-diversified portfolio that has experienced exponential growth. It's not only about having money to invest in stocks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.

    • @jessicamoore3093
      @jessicamoore3093 10 หลายเดือนก่อน +3

      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?.

    • @johnlennon232
      @johnlennon232 9 หลายเดือนก่อน +4

      She is Melissa Maureen Ward. look her up

    • @jessicamoore3093
      @jessicamoore3093 9 หลายเดือนก่อน +2

      Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

  • @justinchamberlain3443
    @justinchamberlain3443 8 หลายเดือนก่อน +1

    6:10 pay a fee for mutual funds and pick them based out of their track record for rate of return; its worth it in the time you save to pay the fees

  • @Ouro44
    @Ouro44 10 หลายเดือนก่อน +17

    Hearing dave talk about 1% and 5% fees in 2024 is wild. How far we've come in a tech and computer-based investing environment. The 0% fee trading platforms came in and really shook up the fee structure these past 5 years

    • @amireallythatgrumpy6508
      @amireallythatgrumpy6508 10 หลายเดือนก่อน +4

      Most of these are clips from the 2010s though.

    • @Ouro44
      @Ouro44 10 หลายเดือนก่อน

      @@amireallythatgrumpy6508 ya and the fee structure was relatively unchanged until 2018/2019. Nowadays, plain investing in the S&P 500 for more than 0.05% (read, a $5 annual fee for every $10,000 invested) is considered expensive.

  • @DudeGamer
    @DudeGamer 10 หลายเดือนก่อน +99

    My mother-in-law said I could take over her time share when she dies. I ran away. My brother bought a Lincoln Navigator. My sister cashed out a portion of her 401k for a used car. I feel like a genius.

    • @eileenwatt8283
      @eileenwatt8283 10 หลายเดือนก่อน +7

      You are gem and a genius.

    • @markg999
      @markg999 10 หลายเดือนก่อน +9

      If you have common sense these days you already doing better than most since it's so rare now.

    • @emaldon7
      @emaldon7 10 หลายเดือนก่อน +12

      I just kept saving and made myself a nice homemade meal.

    • @derekcox6531
      @derekcox6531 10 หลายเดือนก่อน

      That all makes me sad

  • @bobbymainz1160
    @bobbymainz1160 7 หลายเดือนก่อน +947

    What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.

    • @alexyoung3126
      @alexyoung3126 7 หลายเดือนก่อน +4

      There are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist

    • @williamyejun8508
      @williamyejun8508 7 หลายเดือนก่อน +1

      I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders

    • @jameswood9772
      @jameswood9772 7 หลายเดือนก่อน +2

      Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.

    • @williamyejun8508
      @williamyejun8508 7 หลายเดือนก่อน +5

      My CFA ’Rachel Sarah Parrish’ , 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.

    • @jameswood9772
      @jameswood9772 7 หลายเดือนก่อน +2

      She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing..

  • @huskiefan06
    @huskiefan06 10 หลายเดือนก่อน +65

    S&P index funds all the way. The problem with active funds is that there is survivorship bias. In other words, the only funds that survive are the ones who had the best past returns. However, once people find out about these funds, they buy them, and drive down future returns for these funds. All the while you’re spending much more in maintenance fees vs an S&P index fund.

    • @MikeNapoli1989
      @MikeNapoli1989 10 หลายเดือนก่อน +10

      I love the S&P 500 index fund.

    • @sergiotostado8438
      @sergiotostado8438 10 หลายเดือนก่อน +5

      But didn’t you hear? It’s easy to beat the market, apparently! Just do that! 😂

    • @huskiefan06
      @huskiefan06 10 หลายเดือนก่อน

      @@sergiotostado8438 100% So easy! 😂😂

    • @timmytempleton2488
      @timmytempleton2488 10 หลายเดือนก่อน +5

      International is a waste of time.

    • @huskiefan06
      @huskiefan06 9 หลายเดือนก่อน

      @TS-dv3qv As long as you’re debt free, I still think it’s a great idea. Owning real estate investments may give you a bit higher return, but it can be a huge headache. However, you can make much more by starting a business with that money though.

  • @Jess-T
    @Jess-T 10 หลายเดือนก่อน +8

    I invest my SIPP (personal pension) in index funds. I choose companies or industries which are doing well or in demand, for example ASML, Nvidia and then select the index funds those companies are listed in. It's working well so far.

    • @Chessdude4
      @Chessdude4 10 หลายเดือนก่อน

      The problem is companies that are in demand now may not be in a year or in 2 years or 10 years.

    • @eileenwatt8283
      @eileenwatt8283 10 หลายเดือนก่อน

      ​@@Chessdude4 that argument makes no sense. That's why one keep up with what's going on and switch the fund when that happens. Warren Buffet did that when GE started loosing money. He sold all the stocks and bought Apple

    • @Chessdude4
      @Chessdude4 10 หลายเดือนก่อน

      @@eileenwatt8283 makes sense, I’m sure that could work great

    • @Jess-T
      @Jess-T 10 หลายเดือนก่อน

      @@Chessdude4 you should probably look up who ASML are 💀

  • @michellechapman6839
    @michellechapman6839 5 หลายเดือนก่อน +2

    Stop acting RICH!!!! I love that statement!!

  • @ib3928
    @ib3928 10 หลายเดือนก่อน +6

    Thank you, very Clear. Greetings from The Netherlands

  • @Donnafrank-k6e
    @Donnafrank-k6e 4 หลายเดือนก่อน +209

    Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get 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.

    • @BrandonIvan-c6e
      @BrandonIvan-c6e 4 หลายเดือนก่อน

      Hi. 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 child. 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

    • @Donnafrank-k6e
      @Donnafrank-k6e 4 หลายเดือนก่อน

      @@BrandonIvan-c6e However, if you do not have access to a professional like Clementina Abate Russo, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments.

    • @BrandonIvan-c6e
      @BrandonIvan-c6e 4 หลายเดือนก่อน

      @@Donnafrank-k6e Oh please I’d love that. Thanks!

    • @Donnafrank-k6e
      @Donnafrank-k6e 4 หลายเดือนก่อน

      @@BrandonIvan-c6e Clementina Abate Russo is her name

    • @Donnafrank-k6e
      @Donnafrank-k6e 4 หลายเดือนก่อน

      Lookup with her name on the webpage

  • @LanceyRoche
    @LanceyRoche 5 หลายเดือนก่อน +548

    With a good investment plan that ensures steady incomes without any doubts you can prepare for a well organized retirement. I started investing in stocks 3 years ago and so far, I am making a good yield on my portfolio built on top etfs, blue chip stocks and dividends as well. Managed by my FA who helped me grow to a 7 figure portfolio. I love the passive income..

    • @lidijatana7894
      @lidijatana7894 5 หลายเดือนก่อน

      Wow this is really impressive...congrats on your success

    • @NamsaAlcantar
      @NamsaAlcantar 5 หลายเดือนก่อน

      please can i get your consultants info? or should i drop mine?

    • @LanceyRoche
      @LanceyRoche 5 หลายเดือนก่อน

      @@NamsaAlcantar she is Dianne Sarah Olson by name. please do your own research to see if she is suitable with your goals.

    • @simonomilan
      @simonomilan 5 หลายเดือนก่อน

      @@LanceyRoche did a quick search and found her webpage. I must say her resume is pretty impressive.. will be writing her too

  • @andronickmartusheff
    @andronickmartusheff 10 หลายเดือนก่อน +41

    Index funds are still #1

  • @mayalucia-
    @mayalucia- 9 หลายเดือนก่อน +770

    Everyone has been preaching "buy now, stocks are at a discount" but I've been buying stocks since the beginning of the year and yet nothing's changed, but I've been reading articles of people still in the same market pulling off over 350k in just a couple months, what am i doing wrong?

    • @RomeroCarmen-4
      @RomeroCarmen-4 9 หลายเดือนก่อน +1

      Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.

    • @Adrianaluca-um6ny
      @Adrianaluca-um6ny 9 หลายเดือนก่อน

      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.

    • @AlvarezDanuta
      @AlvarezDanuta 9 หลายเดือนก่อน

      Svetlana Sarkisian Chowdhury 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..

    • @PeterParker-wj3cr
      @PeterParker-wj3cr 9 หลายเดือนก่อน +1

      The average investor has the propensity to be easily influenced. When you see other investors making $350k in a short period of time.(Getting rich quick) naturally that will entice you. But there is a deleterious effect with wanting to get rich quick. Once you start chasing, you will now be playing a losing game. Learn the fundamentals of investing. So that you will be able to buy undervalued stocks. If not just buy VOO or VTI monthly and hold on 4ever. Keep life simple!

    • @sacredjasmine
      @sacredjasmine 9 หลายเดือนก่อน

      @SofiaDiego-congratulations! How many years did that gain take?

  • @bennettross1
    @bennettross1 หลายเดือนก่อน +158

    Amazing video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires, thanks Charlotte Grace Miller

    • @lapetiteblonde
      @lapetiteblonde หลายเดือนก่อน

      I'm surprised that you just mentioned and recommended Charlotte Miller, I met her at a conference in 2018 and we have been working together ever since.

    • @ReuletRikki
      @ReuletRikki หลายเดือนก่อน

      The very first time we tried, we invested $1400 and after a week, we received $5230. That really helped us a lot to pay up our bills.

    • @ZahirFriedman
      @ZahirFriedman หลายเดือนก่อน

      Woah for real? I'm so excited. Charlotte Miller strategy has normalised winning trades for me also. and it's a huge milestone for me looking back to how it all started

    • @sarapalin
      @sarapalin หลายเดือนก่อน

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

    • @marthasteward0
      @marthasteward0 หลายเดือนก่อน

      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

  • @MarcelWilson200
    @MarcelWilson200 4 หลายเดือนก่อน +130

    Wow, it's crazy how some people can become multimillionaires by investing just $10K in Crypto within a few months, while others have to work for 40 years to reach $1M in retirement savings. Do your best to connect with the right people and you will surely see changes.

    • @MarcelWilson200
      @MarcelWilson200 4 หลายเดือนก่อน +1

      As a beginner investor, it’s essential for you to have a mentor to keep you accountable.
      Antonio Alex is my trade analyst, he 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.

    • @Willswinton4
      @Willswinton4 4 หลายเดือนก่อน

      Really you people know Antonio Alex? I was even thinking that I'm the only one he has helped walk through the fears and falls of trading.

    • @MarcelWilson200
      @MarcelWilson200 4 หลายเดือนก่อน +2

      @proAntonioDaily THAT IS HIS USER NAME

    • @MarcelWilson200
      @MarcelWilson200 4 หลายเดือนก่อน +2

      he's mostly on Telegrams, using the user.

    • @terryyost68
      @terryyost68 4 หลายเดือนก่อน +1

      He deserves more accolades, just the same way I was going through comments and i saw this, I gave a try and I never regretted it.

  • @jameswood9772
    @jameswood9772 9 หลายเดือนก่อน +436

    I agree that many people are considering NVDA as the "Stock of the year." However, I'm curious about which stocks could potentially become the next META in terms of growth over the next decade. I've allocated $200k for investment, aiming to retire comfortably.

    • @alexyoung3126
      @alexyoung3126 9 หลายเดือนก่อน +3

      I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective consider financial advisory for informed buying and selling decisions.

    • @bobbymainz1160
      @bobbymainz1160 9 หลายเดือนก่อน +1

      I wholeheartedly concur; I'm 60 years old, just retired, and have about $1,250,000 in non-retirement assets. Compared to the whole value of my portfolio during the last three years, I have no debt and a very little amount of money in retirement accounts. To be completely honest, the information provided by invt-advisors can only be ignored but not neglected. Simply undertake research to choose a trustworthy one.

    • @chris-pj7rk
      @chris-pj7rk 9 หลายเดือนก่อน

      Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?

    • @bobbymainz1160
      @bobbymainz1160 9 หลายเดือนก่อน +5

      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 *‘’Melissa Maureen Ward”* for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.

    • @chris-pj7rk
      @chris-pj7rk 9 หลายเดือนก่อน +1

      Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.

  • @nataliianezhynska5119
    @nataliianezhynska5119 4 หลายเดือนก่อน

    I dream of buying an Outback and driving it for about 15 years. And all the scratches will be like scars from battlefield - I will love each and every one of them😅

  • @EricMoore790
    @EricMoore790 10 หลายเดือนก่อน +9

    Dave is the show!

  • @ForwardMozell
    @ForwardMozell 6 หลายเดือนก่อน +155

    I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller.

    • @pedroAgondel
      @pedroAgondel 6 หลายเดือนก่อน +2

      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

    • @HighlightsSerieATIM
      @HighlightsSerieATIM 6 หลายเดือนก่อน +1

      The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.

    • @TaggeGust
      @TaggeGust 6 หลายเดือนก่อน +2

      She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states

    • @ForwardMozell
      @ForwardMozell 6 หลายเดือนก่อน

      she's mostly on Instagrams, using the user name

    • @ForwardMozell
      @ForwardMozell 6 หลายเดือนก่อน

      FXMILLER15 💯.. that's it

  • @RRalphy96
    @RRalphy96 7 หลายเดือนก่อน +1

    Great content Dave. Thanx man!

  • @lepoj
    @lepoj 10 หลายเดือนก่อน +5

    The *vast* majority of actively managed funds don't outperform the market but Dave doesn't talk about that

  • @rebeccalentoor6041
    @rebeccalentoor6041 8 หลายเดือนก่อน +3

    Greetings from South Africa.

  • @treyjames1205
    @treyjames1205 4 หลายเดือนก่อน

    It’s fairly easy…. Remember a stock is a business.
    Think about the business you see in your personal life… I own shares of Hershey because they make Reese’s.
    I like Reese’s and I’ve worked in grocery settings, it seems like other people do too…
    And then you research the stock and see it’s had an almost 30% return over the last 5 years..

  • @EmmettDeclan.
    @EmmettDeclan. 10 หลายเดือนก่อน +31

    I will be forever grateful to you, you changed my whole 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 Elizabeth Wesley.

    • @KeithBingman
      @KeithBingman 10 หลายเดือนก่อน

      She is my family's personal Broker and also a personal Broker to many families In the United states, she is a licensed broker and a FINRA AGENT in the United States.

    • @ZacharyTurner213
      @ZacharyTurner213 10 หลายเดือนก่อน

      Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading

    • @EmmettDeclan.
      @EmmettDeclan. 10 หลายเดือนก่อน

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

    • @EmmettDeclan.
      @EmmettDeclan. 10 หลายเดือนก่อน

      Wesley215 💯

    • @EmmettDeclan.
      @EmmettDeclan. 10 หลายเดือนก่อน

      Remember to refer her after working with her

  • @waltlivernois6241
    @waltlivernois6241 7 หลายเดือนก่อน

    i love the Chanel wish i had started sooner but i will double the money the right way for 12 yrs

  • @WhatWeDoChannel
    @WhatWeDoChannel 10 หลายเดือนก่อน +1

    I sure agree with all this! The only place where I differ is we have always driven nice sensible Chrysler products, RAM!

  • @AnthonyJustice-i9x
    @AnthonyJustice-i9x 4 หลายเดือนก่อน +103

    I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Brooke Miller.

    • @GertonTootle
      @GertonTootle 4 หลายเดือนก่อน

      The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.

    • @DebbieSimone
      @DebbieSimone 4 หลายเดือนก่อน

      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

    • @AnthonyJustice-i9x
      @AnthonyJustice-i9x 4 หลายเดือนก่อน

      she's mostly on Instagrams, using the user name

    • @AnthonyJustice-i9x
      @AnthonyJustice-i9x 4 หลายเดือนก่อน

      FXBROOKE7 💯.. that's it

    • @AnthonyJustice-i9x
      @AnthonyJustice-i9x 4 หลายเดือนก่อน

      Please tell her that I reffed you 👍
      She'll guide you💯

  • @Neran12100
    @Neran12100 8 หลายเดือนก่อน

    Very interesting, but many studies have shown that active stock management underperform the stock market and then index funds on the long run. And the fees of these active managements are directly and unecessarily decreasing the yield. So as investing has to be done on the long term and as we know today that active management is unecessarily costly, why do not choose an index fund instead? This is what I am currently doing and I was a little bit surprised to hear this analysis. But that been said, I really like this channel, the tone, and the educational way you are sharing your knowledge. Thanks!

  • @dianabehr3169
    @dianabehr3169 11 วันที่ผ่านมา

    The MSCI World etf (global) is very conservative, not aggressive, qnd the Emerging Markets as well as Small Caps have been underperforming the S&P 500, too. The Nasdaq 100 and tech etfs are the aggressive, outperforming etfs...

  • @benitabussell5053
    @benitabussell5053 9 หลายเดือนก่อน +895

    Recently, I've been pondering retirement. I've also put $800K into the stock market but i'm encountering fluctuations with limited gains. i need an approach that will align with my risk tolerance and financial goals. whats the best approach

    • @BenTodd-fl8nv
      @BenTodd-fl8nv 9 หลายเดือนก่อน +3

      While the stock market is promising, expert guidance is essential for effective portfolio management

    • @judynewsom1902
      @judynewsom1902 9 หลายเดือนก่อน +3

      Opting for an inves-tment advisr is currently the optimal approach for navigating the stock market, particularly for those nearing retirement. I've been consulting with a coach for a while, and my portfolio has surged by 85% since 2022

    • @HarrisRyan-oy8eo
      @HarrisRyan-oy8eo 9 หลายเดือนก่อน +3

      Who is the coach that provides guidance for you? I urgently require assistance; my stock portfolio is stagnating, and I need investment advice for retirement.

    • @judynewsom1902
      @judynewsom1902 9 หลายเดือนก่อน +2

      *Natalie Marie Gentry* is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

    • @Debbie.Burton
      @Debbie.Burton 9 หลายเดือนก่อน +2

      Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

  • @jenniferhall-d5r
    @jenniferhall-d5r หลายเดือนก่อน

    Thanks for the update! I have a question: I have the SafePal Browser Extension Wallet with USDT, and I have the seed phrase. (job priority warm lab border boil monkey manage palace fiber weird ask). What's the best way to move them to Binance?

  • @MsOr12
    @MsOr12 8 หลายเดือนก่อน +3

    So many scammers under financial channels claiming an advisor helped them and giving the name of the advisor. With other bot account supporting the statement. Be careful people.

  • @sergeymudrik7949
    @sergeymudrik7949 5 หลายเดือนก่อน +1

    I’m a beginner, non-starter 🙈, where do I open a portfolio, where do I open an account?

    • @sergeymudrik7949
      @sergeymudrik7949 5 หลายเดือนก่อน +1

      Please, help 🙈🙏😊

  • @jonquindiagan7625
    @jonquindiagan7625 8 หลายเดือนก่อน

    Thank you for the information.

  • @campbellhouse6569
    @campbellhouse6569 5 หลายเดือนก่อน

    My cars are paid off but I'm still forking out $200 a month for car insurance. Homeowners just went up $1000 and property taxes. It's insane for anyone to get ahead!

  • @BrettaANordsiek
    @BrettaANordsiek 9 หลายเดือนก่อน +1034

    Overall, 51% of traders think this year would favor stocks, mutual funds, and other equity-based investments, despite Treasury yields and other safer cash-like investments paying big. I’m looking for opportunities in the market that could fetch me $1m ahead of retirement by 2025

    • @Jadechurch-ql3do
      @Jadechurch-ql3do 9 หลายเดือนก่อน

      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.

    • @brianwhitehawker1756
      @brianwhitehawker1756 9 หลายเดือนก่อน

      Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.

    • @yeslahykcim
      @yeslahykcim 9 หลายเดือนก่อน

      impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now

    • @brianwhitehawker1756
      @brianwhitehawker1756 9 หลายเดือนก่อน

      Yvette Ruta Musto' 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.

    • @PWIviefynn
      @PWIviefynn 9 หลายเดือนก่อน

      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.

  • @JustinCase780
    @JustinCase780 10 หลายเดือนก่อน +5

    @3:27 The funds he buys always beat the S&P 500...it's not that hard, just open up the prospectus..

    • @andronickmartusheff
      @andronickmartusheff 10 หลายเดือนก่อน +5

      That part seems wildly inconsistent with the rest of his teachings. Index funds are the general purpose advice for retirement investing.

    • @lyonk-tz8qf
      @lyonk-tz8qf 10 หลายเดือนก่อน +2

      That is BS.

  • @michaelcarter266
    @michaelcarter266 7 หลายเดือนก่อน

    In the older clips you see him say to use mutual funds to beat the S&P 500. In more recent shows he uses the S&P 500 funds as examples of what to invest in for retirement.

  • @fahada1921
    @fahada1921 2 หลายเดือนก่อน

    Great video

  • @AnimationCPU-y2k24
    @AnimationCPU-y2k24 8 หลายเดือนก่อน

    I guess Dave has a lot better financial advisor than I had. I say had because he doesn't manage my portfolio now, so i don't pay him $250 per month to manage the portfolio, and my portfolio actually increases in value now.

  • @florgarlotte3020
    @florgarlotte3020 8 หลายเดือนก่อน

    Do you have any suggestions of Mutual funds to buy? Need help here. Thanks.

  • @DamianBadalamenti
    @DamianBadalamenti 10 หลายเดือนก่อน +9

    Fees are definitely important Dave, regardless of how you spin it. 95% of what you say is spot on but it's a complete swing and miss when you dismiss the effects of fees on your portfolio over time.

    • @butlerbees6639
      @butlerbees6639 10 หลายเดือนก่อน +2

      There’s funds that beat SP500 even when you factor in expense ratios. It’s not hard to figure out.

    • @DamianBadalamenti
      @DamianBadalamenti 10 หลายเดือนก่อน

      There are plenty of funds that beat the S&P 500 and also have low fee. What's your point???​@@butlerbees6639

    • @DamianBadalamenti
      @DamianBadalamenti 10 หลายเดือนก่อน +1

      @@butlerbees6639 Well I never mentioned the S&P 500, but there are a ton of ETFs that beat the s&p 500 and also have super low fees

    • @jonathan6665
      @jonathan6665 10 หลายเดือนก่อน

      ​@@butlerbees6639 lets see about that in 30 years.

    • @lyonk-tz8qf
      @lyonk-tz8qf 10 หลายเดือนก่อน

      Very few. the chance you will pick one is slim and none.@@butlerbees6639

  • @FurryHippoFinance
    @FurryHippoFinance 9 หลายเดือนก่อน +9

    Put 20% of your income into solid growth ETFs and let it run 20 years… over a million already ❤

  • @garethbrown4798
    @garethbrown4798 3 หลายเดือนก่อน

    First impressions ever lasting....fake it untill youve made it.....

  • @acrobizer1238
    @acrobizer1238 10 หลายเดือนก่อน +16

    Dave sidesteps fees in active funds more than likely for the fact he gets a legal kickback form the Smart Vestor folks which is extremely more profitable than his own personal 401k. Therefore his net worth grows in his business which makes him a smart shrewd businessman.
    The average investor is better off in index funds, continually investing and don’t touch it until retirement.

    • @robh1961
      @robh1961 10 หลายเดือนก่อน

      So the average person is better off investing in index funds versus investing in active funds? Is that what you're saying? Is a mutual fund and an index fund the same thing?

    • @AnjaliMukherjee-be9zn
      @AnjaliMukherjee-be9zn 10 หลายเดือนก่อน

      The key word is 'index'. You can have index mutual funds and index exchange traded funds (ETFs). I am invested in a Vanguard index mutual fund. Blue chip companies only, over 1000 companies, growth fund. But I would stick to an index fund only with high returns over the long term.

  • @vyseerx
    @vyseerx 4 หลายเดือนก่อน

    Everyone wants to get rich quickly, and the most important and easy method is to work hard / smart to make most money ! Working 2 jobs , taking responsibility and giving quality work and doing professional work ( MD, Architect, IT, Attorney) are methods to make most money. Your money making money while you are resting is later. Once capital is there , any one can invest in real estate (roughly 10%), Mutual funds (roughly 8%). and Bank CD (4%), but it’s extremely important that one has enough capital and should have it enough early to realize the wonder of compounding.

  • @garryparnell7727
    @garryparnell7727 9 หลายเดือนก่อน +1

    Would you split between the 4 mutual funds equally or put more percentage into a large cap than small cap for example 🤔

    • @OlgaChavez-f2y
      @OlgaChavez-f2y 3 หลายเดือนก่อน

      I always understood it was 25% each but I could be wrong ..

  • @BrigetGstar
    @BrigetGstar 2 หลายเดือนก่อน +1

    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 $3ok of my savings in st0cks this year, and I hope I make profits......

  • @29Geckos
    @29Geckos 4 หลายเดือนก่อน

    Are load funds monthly investments? Is there a 5.75 fee every time?

  • @Miggy2222
    @Miggy2222 10 หลายเดือนก่อน +7

    Which mutual funds out beat the market?

    • @genzlegacy7988
      @genzlegacy7988 9 หลายเดือนก่อน

      Fncmx, fspgx, fsptx ;)

    • @jollama
      @jollama 8 หลายเดือนก่อน +1

      He’d be out of a job if he revealed that

  • @netmeg
    @netmeg 4 หลายเดือนก่อน

    Geezopete. Where were you all when I was younger? I could have used this.

  • @TalesOfTrillions
    @TalesOfTrillions 8 หลายเดือนก่อน

    The financial industry may focus on investing, but getting out of debt first is the real game-changer. 💪

  • @jaredgould2426
    @jaredgould2426 10 หลายเดือนก่อน +17

    Dave Ramsey has not once, not ever revealed the mutual funds he invest in. Why? If he would just simply tell me the name of the fund, I would buy the funds he’s talking about.

    • @James-zy5lh
      @James-zy5lh 10 หลายเดือนก่อน +6

      The Money Guy show did an analysis of this a month or so ago and was picking the top performers from the 4 mutual fund buckets that Dave recommends. Without saying the quiet part out loud, it seemed like the supposed funds Dave recommends to hit this rate of return don’t exist and you’d be better off investing in low cost index funds.

    • @sixxgunz3774
      @sixxgunz3774 10 หลายเดือนก่อน +6

      if he did and they failes you then hes at fault for misguiding you. its your job to research what and where to invest.

    • @jaredgould2426
      @jaredgould2426 10 หลายเดือนก่อน +1

      That's upsetting. I've been invested in the S&P 500 index, and that seems like the safest bet. If these funds don't exist, that explains why Dave does not name them directly. @@James-zy5lh

    • @Fred2-123
      @Fred2-123 10 หลายเดือนก่อน +1

      @@sixxgunz3774 If he did, people would analyze those funds and tear them apart. And reveal that Dave is totally wrong and perhaps lying.

    • @jaredgould2426
      @jaredgould2426 10 หลายเดือนก่อน

      @@sixxgunz3774 🙄 I haven't thought of that before.

  • @janitoronfire
    @janitoronfire 9 หลายเดือนก่อน

    4:00
    Just buy the index funds and forget about it. He makes it too hard and he gets kickback money from his endorsed local providers and most mutual funds over 80%. Don’t beat the end decks. Don’t make it too difficult and quit giving this guy a bunch of money on kickbacks endorsed local providers means he gets money to push their products. Just buy the index fund and fees. Do matter run a calculation on an investment calculator you’ll see that fees make a huge difference .

  • @darnelllewis5984
    @darnelllewis5984 8 หลายเดือนก่อน

    Hey Dave
    Can you talk about LLC and ways to protect your real estate properties!
    Thank you 😊

  • @RyanChaseMc
    @RyanChaseMc 2 หลายเดือนก่อน

    Love Ramsey but the only thing I can’t get past is what he just said. At 70 you will have 5 mil. So I got maybe a year left and I’ll finally be a millionaire. My entire life couldn’t do anything and when I could It’s already over.

  • @scottarmstrong11
    @scottarmstrong11 10 หลายเดือนก่อน +8

    Finance and Business books have been so helpful. I’m 50 and my husband 55 we are both retired with over $3 million in net worth and no debts. Currently living smart and frugal with our money. No longer putting blames on FED for our misfortunes. Saving and investing lifestyle in the stock market made it possible for us this early, even till now we earn weekly.

    • @monicawill5
      @monicawill5 10 หลายเดือนก่อน +3

      You have done great for yourself. I understand the fact that tomorrow isn't promised to anyone, but investing today is a hard thing to do for me now because I have no idea of how and where to invest in. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.

    • @MarkGrimm8
      @MarkGrimm8 10 หลายเดือนก่อน +2

      That is so amazing, I’m trying to get onto the housing ladder at 40. I wish at 55 I will be testifying to similar success..

    • @scottarmstrong11
      @scottarmstrong11 10 หลายเดือนก่อน +2

      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 ‘’ Carol Vivian Constable” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.

    • @MarkGrimm8
      @MarkGrimm8 10 หลายเดือนก่อน +2

      I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.

    • @YahuasDisciple
      @YahuasDisciple 9 หลายเดือนก่อน

      Congrats sister . Which books ?

  • @ia6980
    @ia6980 4 หลายเดือนก่อน +1

    So many spam bots in comment section, just wow. Ramseys team should clean up some of these comments

  • @joeconnolly4353
    @joeconnolly4353 9 หลายเดือนก่อน

    Try ketogenic diet. First cut carbs to start fat burning. When you've lost the weight try to increase fat intake. No seed/vegetable oil.
    My problem is 53 divorced lost home supporting kids through university. Struggling financially and emotionally. Ireland. Kids in Spain. 23yo/25yo

    • @jollama
      @jollama 8 หลายเดือนก่อน +1

      No your problem is talking about diets in a finance video comments section

  • @JoeySmith101
    @JoeySmith101 10 หลายเดือนก่อน +19

    Dave: Find a good mutual fund it’s not that hard.
    Also Dave not 5 min later: I don’t have time to look for mutual funds so I pay an advisor to do it for me

    • @rexmundi273
      @rexmundi273 9 หลายเดือนก่อน +7

      Conclusion: Buy the index

    • @davidcollinge1035
      @davidcollinge1035 12 วันที่ผ่านมา

      Agree. Dave is at his poorest when he is talking about investments. For the average investor, a target retirement fund is probably the best decision based on index funds. Instant diversification, rebalancing at low cost. Past returns for mutual funds are rarely an indicator of future returns. The star manager is an illusion

  • @Riaan3108
    @Riaan3108 10 หลายเดือนก่อน

    Tax smart investing is something to maximise and invest consistently. Dream and win big ppl.

  • @sohoyankee66
    @sohoyankee66 6 หลายเดือนก่อน +1

    I seen the vid on how to save $100000 in 3-4 years. What a light bulb moment I did the math and pretty sure I can pull it off in 3.5 years. I’m starting with my next paycheck!

  • @jakepapa6516
    @jakepapa6516 8 หลายเดือนก่อน

    This dudes mad patient with callers lol.

  • @lenak1438
    @lenak1438 4 หลายเดือนก่อน

    I have a question. He said investing in a growth stock mutual fund starting at age 30 till 70 you'll wind up having $5 million but what in the world is a 70 year old going to do with $5 million dollars. That $ would be for that person's kids and or grandkids not themselves. What's the fun in that?

  • @andrewkemp_
    @andrewkemp_ 10 หลายเดือนก่อน +5

    Dave’s advice is great for people who don’t know how to invest. Not everyone has the ability to learn how to invest and setup an account online. But the rest of us it’s etf all the way

    • @andronickmartusheff
      @andronickmartusheff 10 หลายเดือนก่อน +2

      The Millionaire Teacher Book. For $15 you can learn the basics of index fund investing and realize why mutual funds are to the benefit of the middle men. Financial Advisors and Realtors fall in the same bucket for me, they produce nothing and are the cancer of their respective industries 👍🏻

    • @JJ-jn7ei
      @JJ-jn7ei 10 หลายเดือนก่อน

      Yes, love ETFS-easier to buy & sell obviously

  • @shaunsmith3625
    @shaunsmith3625 4 หลายเดือนก่อน +1

    I find that hard to believe a international mutual fund outperforms a s&p 500

  • @waltlivernois6241
    @waltlivernois6241 7 หลายเดือนก่อน

    but i should have started saving sooner but I'm focused on you now thanks

  • @alan_davis
    @alan_davis 8 หลายเดือนก่อน

    Fees destroy compund interest.
    No one mutual fund has consistently outperformed the S&P 500 over long durations.
    Mutual funds are the financial equivalent of a car lease... putting money in someone elses pocket, not yours.