What Should I Do with This $200,000 to Become a Millionaire Soon?
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- เผยแพร่เมื่อ 27 มิ.ย. 2024
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@@mikeygomes8590 a at
Fitnes competitor lazy stick with the business and grow it. Don’t drink too much that’s a dream where you will lose your 200 grand guaranteed
i dont know y u r saying "Say goodbye to debt forever" debt is how u make money? borrowing money from the banks to make money using their money ? lol haha
do you have a video on 1031 exchange. tax implications versus paying off mortgage
just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $200k gains with months, I'm really just confused at this point.
Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge
Very true, despite having no prior investing knowledge, I started investing before the pandemic and pulled in a profit of approximately 950k that same year. In reality, all i was doing was getting professional advice...
How can I participate in this? I sincerely aspire to establish a secure financial future and I am eager to participate. Who is the driving force behind your success?
I'd say a little due diligence on "Dianne Sarah Olson" truly exceptional
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before emailing her. She seems proficient considering her résumé..
I am 64 years old I have a side hustle making over 200k per year. I already have over 4 million in my retirement account I want to build an aggressive account in my new Solo 401 k which will be converted to a Mega Backdoor Roth (putting in over 79,000 per year) I Would like to eventually have Monthly income generated without losing principal.
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.
Working with a financial advisor has been a game-changer for me. They provided invaluable insights and tailored strategies that aligned perfectly with my risk tolerance and financial objectives. With their support, I've seen significant growth in my investments and gained confidence in my financial future.
This is definitely considerable! think you could suggest any professional/advisors I can connect with? I'm in dire need of proper portfolio allocation
I work with *Jennifer Leigh Hickman* , a licensed advisor. Simply search the name to find the necessary details to schedule an appointment.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
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, 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.
@@yeslahykcim Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
@yeslahykcim Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
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.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Rachel Sarah Parrish 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.
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
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!
My advice to everyone is this : if you want to grow big this year especially in your finances. Be willing to make investments. Saving is great but investing puts you on a pedestal where you wouldnt have to worry about savings as you do now. Thanks to my FA, my portolio is doing really great and im proud of the decisions i made last year.
I've been considering but haven't been proactive. Can you recommend your advisor? Could really use some assistance.
Thank you for sharing, I must say, Sharon 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
almost like the entire economy is designed to make rich people get richer and keep poor people poor
1 million doesn't sound like a lot when it your entire life.
As always, a great analysis. Newbies often wonder if it's too late to navigate the financial market, but the market is always unpredictable. Trading has more advantages than simply holding, so it's important to learn before diving in. Active trades are necessary to ride the market's waves. Thanks to Alex Antonio insights, daily trade signals, and my dedication to learning, I've been increasing my daily earnings and managed to grow a nest egg of around 127k to a decent 532k. Kudos to the journey ahead!
Investing has proven to be an incredibly beneficial decision. My cryptocurrency profits continue to play a substantial role in growing my overall wealth, reducing my reliance on my salary.
The fact that I got to learn and earn from Alex Antonio program is everything to me think about it, it's a win-win for both ways.
Mind if I ask you to recommend how to reach this particular coach you using their service?
he's mostly on Telegrams, using the user.
@proAntonioDaily THAT IS HIS USER NAME
I am at the beginning of my "investment journey", planning to put 85K into dividend stocks so that I will be making up to 30% per year in dividend returns. Any advice?
I believe a healthy portfolio has 3 things, at the bare minimum: Exposure to ETFs for increased diversification, Exposure to assets that generate cash flow like dividend stocks, Exposure to market-leading tech.
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.
Her name is. 'RACHEL SARAH PARRISH’. 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.
Its worse here, our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.
I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. 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.!!
Angela Lynn Schilling is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
My spouse and I are adding a variety of stocks/ETF to my present holdings for the long term, We've set aside $250k to start following inflation-indexed bonds and stocks of companies with solid cash flows, I believe it is a good time to capitalize on the market for long-term gains, but it wouldn't hurt to know means of actualizing short term profit.
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.
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
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 just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $450k gains with months, I'm really just confused at this point.
diversifying your investments is the safest way to handle it. One way to lessen the effects of a market crisis is to distribute investments over a variety of asset classes, such as international equities, bonds, and real estate. It's critical to look for expert advice.
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.
That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this coach?
KENNA MURIEL HESSELING 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.
I just looked her up on the internet and found her webpage with her credentials. I wrote her a outlining my financial objectives and planned a call with her
Regardless it's best to consult a professional financial advisor before making any decisions. As a business owner and eBay reseller of all categories, I can attest to the fact that we are almost in recession and that everyone is running out of money.
I agree with you, especially for near retiree and does who knows nothing next to finance it is the best thing to do speaking from experience.
@@DanielPanuzi Starting early is the best way to build wealth, investing remains a priority. I learnt this when I got disabled from an accident, I had to reach out to a financial planner who devised a plan for me to live off dividends from my investments. I earn enough from home and live comfortably with her help.
Starting early is the best way to build wealth, investing remains a priority. I learnt this when I got disabled from an accident, I had to reach out to a financial planner who devised a plan for me to live off dividends from my investments. I earn enough from home and live comfortably with her help.
@@hullbruce 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?
@@Jaymilnere Sure, the likes of the popular lady Alicia Estela Cabouli does a good job. Just look up the name, you’d find details on the web to set up an appointment as she offers free consultations from first timers like yourself.
Acquiring knowledge about personal finances and investing can empower individuals toward greater financial independence. Informed decision-making regarding saving, spending, and investing is key. Notably, a trader achieved over $350k amid the current market.
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.
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.
Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch if you don't mind
Monica Shawn Marti 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.
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
Creating wealth entails establishing positive routines, such as consistently setting aside funds at regular intervals for sound investments. Financial management is a vital subject that many avoid, often leading to future regrets.
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 .
You're correct! With the help of an investment coach, I was able to diversify my 450K portfolio across markets and produce slightly more than $830K in net profit from high dividend yield equities, ETFs, and bonds.
*@shirleygarland4766* That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this consultant?
GERTRUDE MARGARET QUINTO maintains an online presence. Just make a simple search for her name online.
Gertrude Margaret Quinto, 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.
You should immediately add $800k to it and become a millionaire!
Lol 😆
i didnt know that thanks for telling me lol
Omg awesome idea
Exactly!! Caller needs to get his income up, up and up and separate issue - use the 200k to invest it all ie pretend he doesn't have this money.
I checked this out and it does seem to work…
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. A trader made over $350k in this recession influenced market
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 alot of wealth transfer in this downtime if you know where to look.
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
One of my goals is to employ the service of one this year. I've seen some off LinkedIn but wasn't able to get a response. Could you recommend who it is you work with?
Linda Aretha Reeves is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment
I just checked her out and I have sent her an email. I hope she gets back to me soon
I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks.I believe having 150K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities
Cynthia Mcclure Alexander is the licensed fiduciary my family uses. Just research the name. You’ll find necessary details to work with a correspondence to set up an appointment.
I retired 7 1/2 years ago. My husband retired two years ealier also at age 62. To date we have not touched a dime of our retirement savings. We are having zero issues living on nothing more than our Social Security. What's our secret? Simple,we had a good family CFA which happens to be same Cythnia so we retired debt free.
Thanks a lot for the recommendation.
I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.
Does “Cynthia” also give back massages?😂
"Your first job is not to lose it" Should be told to every person that receives money.
indeed. Even if he puts it in a bank for a year, learns about investing using a very small amount (say $500) but loses a year of investment growth, then he still has the money.
@AG then this advice becomes even more important.
@AG well... then their first job is.... to not lose their money...
@AG Why then they should spend it immediately and foolishly! The money could go bad if it just sits around accruing interest or equity!
I have a money tree seeds for sale
I have 35% of my capital investments in an IRA, 25% in index funds, and the balance spread across other investment accts totalling over $250k. I took a big hit in Q2, 2023. Right now i am just looking for ways to recover in 2024.
There are a lot of strategies to make tongue-wetting profit especially in this down market, but such sophisticated trades can only be carried out by proper market experts
I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000
this is all new to me, where do I find a fiduciary, can you recommend any?
‘Rachel Sarah Parrish’ 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.
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.
I was part of the recent layoffs at twitter and this bites hard. I am grateful that I kept some savings about; $600k and I am looking for ways to invest this into the stock market to generate good dividends to supplement for my monthly expenses.
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.
😂😂😂 this is a sophisticated scam you guys got going on in this comment section
@@GigachadlySoon scam bots will start to scam each other. :D
@@GigachadlyAmazing isn’t it? How fast and often they show up. Surprised they haven’t been weeded out yet.
Regretting missing out on earlier Bitcoin investments, I kept funds in a HYSA. Now, with $200k to invest, I aim to avoid FOMO and buying at the peak. What's the best approach for a newbie to navigate the market?
The dollar is literally being destroyed / debased / devalued. The best performing asset in the history of the world is BITCOIN. BITCOIN is by far the best store of value. 10 years from now you’ll be thankful for every dollar you put into BITCOIN.
well the crypto market is expected to do way better than any other equity sectors this 2024 especially with the SEC crypto ETF approval but it’s a volatile market nevertheless and if you’re new to it, it’s best to reach out to an experienced adviser for proper guidance.
Yes, my asset manager advised I spread further into mutual funds and crypto Etf and boy am I glad I did. The whole idea is: Don’t get too greedy and also to exit at the right time, so generally I do find having an adviser very helpful, because what Avg. Joe really has time to watch and comprehensively analyse the market.
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.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘' Linda Aretha Reeves” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
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.
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
@@lennoxmutterick6434 However, if you do not have access to a professional like JUDITH ANN PEACE, 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
@@PilouBen Oh please I’d love that. Thanks!
@@lennoxmutterick6434 Judith Ann peace is her name
Lookup with her name on the webpage.
SHE RESTORED MY FINANCES
Making money is action, saving money is behavior and growing money is knowledge. The basic step to acquiring wealth is figuring out your goals and plans, with the heIp of a financiaI pIanner you will gain rapid financiaI growth and enjoy the benefits of managing your finances.
FinanciaI growth was rapidly gained (gathered over 1M in 2years) through my financiaI pIanner. Got my 2nd house in May, hereby making my goaIs a reaIity.
Whosoever tries this sureIy acquires wealth. Get to her.
ELlZABETH GREEN HUNTS.
First of all, this whole economic chaos was powered by optimism that the FED is done with hiking interest rates. Now that interest rate crash is the situation, where do we go from here? How would you advise I safely allocate $250k funds at this point?
The market is volatile at this time, But doesn't the Federal Reserve's monetary policy and low interest rates contribute to the current valuations? hence I will advice you get yourself a financial advisor that can provide you with entry and exit points on the share/ETF you focus on.
Agreed, my portfolio is well-matched for every market season yielding 85% from early last year to date. I and my CFP are working on a 7 figure ballpark goal, tho this could take another year. IMO, financial advisors are the most sought-after professionals after doctors.
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?
'Melissa Maureen Ward' 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.
Thank you for the information. I conducted my own research and your advisor appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call. Her expertise is impressive, and I'm eagerly anticipating our conversation.
Best advice is to get that $200k out of your mind. Sock it away into a managed index fund or mutual fund. Live your same life, don't buy stupid things, keep your job and invest some more. Think long term.
Very sound advice!
Yolo
@@Ez3s even sounder advice would be this invest it in whatever the best place would be an investment is about how many birds in the bush how many can you catch how sure are you if you unsure start paying high interest debt don't collect inflation (invisible tax to the general public) not that I needed to translate the word inflation for y'all sure you guys already know
Managed funds have high expense ratio. Gotta be careful with it. You may end up paying over 200-300k in expense ratio over time.
When you are 25 , 40 sounds like a long way away
Despite the fact that stock prices fluctuate, what is the best method for capitalizing on the current market? I'm still undecided about investing $400k in my stock portfolio.
The market is volatile at this time, hence I will advice you get yourself a financial advisor that can provide you with entry and exit points on the share/etf you focus on.
I was recently through an investing nightmare during the crash in march 2020. With the assistance of my advisor I have so far grown my dwindling portfolio of $145k to $480k
How can one get a decent investment advisor? I wouldn’t mind getting in touch with yours. In few years I will retire and my portfolio will definitely need some management.
My financial advisor is *Sharon Louise Count* . I found her on a CNBC interview where she was featured and I reached out to her afterwards. She has long helped me with my portfolio and is exactly what you need right now.
Looked up her name and her website popped up immediately, interesting stuff so far, about to schedule a session with her.
Dad passing on, and he's excited about becoming a millionaire. Took me a couple of years to get over my mum passing on. Brother take your time, visit your family, and share some good memories.
When a parent who has Alzheimer’s passes away, it’s a blessing
Yeah but he had alzheimers. He may have "lost" his dad years ago
Yup I totally agree with you Sun Shine. To me it sounds like the sisters were the ones taking care of dad!
do you think the dad would be glad or sad that his son is trying to preserve/grow what he presumably worked hard for hes 25 the fact hes looking to grow rather than blow is surprising and good for him
All I heard from this call was: money is coming.
Your videos were great!! I'm one of your viewers and have been watching your videos lately. I would like to invest, but I still can't find the right investment to commit to. I will appreciate any help here.
It's wise to seek professional guidance when building a strong financial portfolio due to its complexity.
Talking to an expert like Michelle Brown to reshape your portfolio is a smart move.
Certainly! I diversified my $20,000 portfolio across different markets.
I made a net profit of around $97k by investing in high dividend yield stocks, ETFs, and equity
The reality is that you cannot do it without a tried and true trader like Michelle
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.
This seems like the worst period. Even the markets are very unpredictable. started investing recently when the market prices were a bit high ,today i am more than 60% down
I thought about investing in the real estate market, I heard that people make millions , but I lack good knowledge and a strategy to outperform the market and generate good yields. I have $460,000 but it's hard to bite the bullet and do it. Money is hard to come by
Accurate asset allocation is crucial right now, and some individuals use hedging strategies or allocate part of their portfolio to defensive assets for market downturns. financial advisory is vital for achieving this. This approach has helped me stay financially secure for over five years, yielding nearly a million ROI
Fantastic! Can you share more details?
was guided tho.Julia Hope marble.. walked me through the ropes majestically i'ts my ultimate pleasure.
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 alot of wealth transfer in this downtime if you know where to look.
i have lost so much money i need help also
Jenny Pamogas Canaya, that's whom i work with
thanks so much
I like to work with Mike Oxenormis, he never lets me down.
Hugh Jaynus showed growth potential I couldn't have imagined.
Been watching, listening, and paying attention to all of predictions and forecasts since early Covid. He hasn't disappointed yet 👌
Well said! I am also here to learn how to invest after listening to a lady on tv talk about the importance of investing and how she made 7 figures in 3 months, somehow the video taught me nothing and left me even more confused, I'm a newbie and I'm open to ideas on how to invest for retirement
@@harrisonmichael5047 This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a US-based finance consultant by name KRISTIN GAIL CUNNINGHAM and everything changed. I started enjoying huge returns from my investment.
@@raychristopher7797 Despite the economic crisis and the rate of unemployment now is the best time to invest
@@harrisonmichael5047 Surf the web for her info it's easier to get on her webpage.
@@raychristopher7797 Thank you, Going through her profile on her webpage out of curiosity, and surprisingly she seems proficient. I appreciate this.
“You have never driven a car before and someone just gave you car keys”
That pretty much sums it up 🏎
As someone who grew up under the poverty line this is true. I'll pay off my student loan that is only 6k since I cash flowed most of my schooling. I need to start looking into how to save and invest. Sad part is that my mom is so good at saving. If she had invested that money she would be a millionaire by now.
@@lindavel43 investing isn’t everybody’s strong point. Some people just know how to save and manage to live off of what they worked for.
Shocked that Dave never asked him how much debt he had. I have a weird feeling that he ain't debt free.
Same here. I would figure the best advice for a 25 year old would be to use that 200k to pay off all/most of their outstanding debt....so they can work on bettering their career and salary without the weight and worry of that debt. Then invest what's left in a mutual fund or index fund and forget you have it.
Dave glosses over a LOT. And sometimes focuses on the weirdest stuff.
Yeah I was waiting for him to walk him through the baby steps to see where he's actually at.
Yeah i would pay off all outstanding debts and other liabilities and then invest the rest in VTI and set it and forget it
He send him to ramsey+ with a coach thats the first thing they will ask him
investment requires good experience and knowledge to carry out a good and successful trade, I have lost a lot trying to trade all by myself.. May I ask which investments are good?
I am going to look her up, I have about $81k i want to start with, might be small but it's better than nothing though. Since the 08 crash is playing out again.
I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
thats right I took charge of my portfolio but faced losses in 2022. Realizing the need for a change, I sought advice from a fiduciary advisor. Through restructuring and diversification with dividend stocks, ETFs, Mutual funds, and REITs, my $1.2M portfolio surged, yielding an annualized gain of 28%.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
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.
I just looked up her name and her website popped up immediately, interesting stuff so far, about to schedule a session with her. Thanks a lot man
Nice bots
My investments in stocks and crypto are not meeting my expectations. Any last minute tips to improve my situation and make more $$$? I really need some urgent advice
Keeping up with news sources like CNBC could help out
Just buy when prices are low and sell when prices rise
No lock on my side yet, just a sideways trend and a bear market crushing my portfolio. Need a bull run ASAP!
Buy more and hold onto it for the long term. Solana and Raydium seem good, and Dogecoin is worth considering too.
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
A lot of folks downplay the role of advlsors until being burnt by their own emotions. Over the years, Ive been able to achieve a level of financial growth that I never thought possible, by just partnering with seasoned traders and financial advisors. This method remains highly efficient even till today
Retirement becomes truly fulfilling when you possess two essential elements: ample financial resources and a meaningful purpose in life. Make prudent investment choices to secure good returns and ensure a comfortable retirement.
Thank you for your inquiry. Could you provide guidance on the current optimal investment options? I am contemplating investing in either stocks or cryptocurrencies.
@@jessicasquire One crucial aspect of earning profits from stocks is to avoid being frightened and selling them prematurely. It is vital to understand that stocks should not be treated as mere lottery tickets. Consider acquiring the assistance of a financial advisor to navigate your investments.
@@patrickbrussels4454 In my opinion, now is an opportune moment to consider investing in private equity and cryptocurrencies. Could you provide some guidance or advice on these investment options?
@@Lemariecooper At present, I am collaborating with *STEPHANIE KOPP MEEKS* , a financial specialist whom I had the opportunity to meet during a seminar.
@@patrickbrussels4454 I recently had the pleasure of watching *STEPHANIE KOPP MEEKS* on television, and I must say she is an exceptional speaker. However, I'm curious to know if you have experienced any financial gains while working with her?
investing requires good experience and knowledge to carry out a good and successful trade, I have lost a lot trying to trade all by myself May I ask which investments are good??>>>>>>
Considering that I am only three years away from retirement, it becomes challenging for me to solely concentrate on the long-term perspective. Despite having invested in reputable companies and having a significant amount of funds allocated, my profits have been stagnant. This situation raises the question: Does the current recession and unstable market offer any calculated risk opportunities for generating profits?
I understand your concerns, my friend. I recommend exploring passive index fund investing and expanding your knowledge in this area. Personally, I experienced both successes and challenges when initially seeking a reliable passive income......,>>
how do I get in touch with this consultant that assist??>>>>>>
STEPHANIE KOPP MEEKS, that's whom i work with look her
My spouse and I are diversifying our long-term investment portfolio by adding various stocks. We've allocated $220k to begin with, focusing on inflation-indexed bonds and companies with strong cash flows. I think the current market presents a good opportunity for long-term gains, but I'm also interested in learning ways to make short-term profits.
While the current market offers short-term profit potential, it's crucial to note that executing such a strategy requires expertise and skill.
Having an adviser is the smartest approach in today's market, especially for those nearing retirement. I personally gained over $270K during this market downturn, which highlighted that there's valuable insight the average individual may not be aware of.
That's impressive ! I could really use the expertise of these advisors.
Hello! My advisor is Stacey Lee Decker .With the help of google you can book an appointment. She has a wealth of experience in the financial market gained over several years.
Thank goodness . I just found her on the web. She seems well experienced.
I'm still at a crossroads deciding if to invest $400k on my stock portfolio. what’s the best way to take advantage of the market?
If you don't understands strategies to invest in the market, seek a Financial advisor to guide you so you won't get burnt by your emotions because it's a very volatile market
I needed a good boost to help my dwindling stock portfolio stay afloat, hence I and came across an expert who helped a lot to grow my port-folio from $275k to approx. $850kin two years.
This is really nice. I worry that I have a couple more years before retirement, and I want to switch to using a financial advisor, I could really use the expertise of this advsors.
My financial advisor is *Sharon Louise Count* I found her on a CNBC interview where she was featured and I reached out to her afterwards.
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 call.
I actually agree with Dave’s advice! Kudos to this kid for calling and trying to learn.
I traded well on my Demo account but when I invested in to my main account i lost all my funds. Please i need an expert to assist me with my trading. It's frustrating how people loss funds in this trading, I really feel so bad.
It's very obvious that forex and crypto trading is one of the profitable money exchange services that elevates investors and their financial status.
I will advise you to seek the help of a professional because it’s really hard to create a strong professional portfolio. This will help you to achieve your goals and long term financial objectives
That's true,. Its really needful for beginners not to settle for videos alone or they will see themselves losing all their money just like me when I newly started trading with this videos here on TH-cam.
Many won't accept this truth but allow them, they'll understand when they become bankrupt as a result of unavoidable losses trading from mere TH-cam videos.
The first step to a successful investment is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional.
I just want my money to keep outgrowing the inflation rate. That is why I'm looking for companies now to put in $200k for a start. Just don't know strategies to employ in buying stocks to invest in
Chose quality stocks and follow them up. If you're not one for such complexities, hire a wealth manager to grow your money. I use the latter. Pulled in more than $46k in the last two months alone.
I agree with you. This is what I do too. I'm not cut out for financial reports and industry news, so I use a wealth manager. Profits have been very consistent since 2020. i've pulled in roughly $1M in ROI since then
I've been thinking about switching but have been hesitant. Could you recommend your financial advisor? I'd appreciate some assistance.
’Vivian Louise Dehoff’. is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
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.
I had a similar experience when my dad passed away. After paying off a few debts I just had to let the cash sit in a savings account for almost a year until I could plan for the best way to invest it. Being intentional is usually more important than being quick.
Just letting the money sit in the bank is probably best. Not making much but not losing any at all. No fees for taking it out and it’s perpetually liquid...
@@igorseprak6177 except when you take inflation into consideration and realise that you’re essentially losing money if you keep it in the bank . . .
@@harryblack-maskers6913
You are right if we’re talking Germany 1920s inflation and Zimbabwe’s recent hyperinflation. Otherwise NO.
@@igorseprak6177 so long as inflation is more than your interest rate you’re losing money, fact . . .
@@harryblack-maskers6913 these people are idiots, you’re never gonna “convert” them.
This guy is not going to listen to Dave's advice. He wants to be a millionaire "soon".
He wants to skip the work and go straight to being rich and famous. That's a good way to be broke and wanted, by the police.😂
invested correctly he could make it there in 3-5 years easily.
He’s going to burn thru that check so quickly
Yeah. He's 25 and wants be a millionaire by 30, but there's no need to be a millionaire that early. He should be more concerned with doing his actions properly to reach his goal, and not so concerned about doing it so fast. He's young af.
You don’t even know him lol quit speaking on people that comment says a lot about yourself
This call slowly got more outrageous over time. He could very easily squander this by “competing” and be 30 with zero money 😬
When he said how much he makes a year, I knew a "fool and his money are soon parted". I couldn't watch this video beyond that.
Probably the best straight forward advice I’ve heard come out of this show. He can do it. Use a small portion to help him ride the storm. Invest and forget the bulk. And go live his passion. Great stuff. Ramsey channel.
Mrs Sonia is legit and her method works like magic I keep on earning every single week with her new strategy
Wow I' m just shock someone mentioned expert Mrs Sonia I thought I'm the only one trading with her
I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Sonia
Thanks for introducing me to Mrs Sonia
Yes I'm also a living testimony of expert Mrs Sonia
Mrs sonia has changed my financial status for the best all thanks to my aunty who introduced her to me
These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. 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.
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.
@@McElvinn 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 930k 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 2018, and I return at least $58k ROI, and this does not include capital gain.
@@AUstinnesc Is there any chance you could recommend who you work with? I've wanted to make this switch for a very long time now, but I've been very hesitant about. I'll appreciate any recommendation.
@@Aziz__0 I really don't like making such recommendations, because everybody's situation is unique. But there are many freelance wealth managers you could check out. I have been working with NICOLE DESIREE. SIMON” for about four years now, and she's really, really good. If she meets your discretion, then you could go ahead with her. I endorse her
@@AUstinnesc Interesting. I am on her site doing my due diligence. She seems proficient. I wrote her an email and scheduled a phone call.
200k can be gone in a flash. Hope he's wise with it
I really liked this call, they didn't slam the guy for wanting a career in the fitness industry.
@Leroy Brown to be fair, if he’s good enough it can replace his income. That’s good enough on it’s on to pursue it if he really loves the work.
One way of looking at it is atleast he will always be in shape even if he doesn't make a lot. In someway that can provide a lot of happiness.
@Leroy Brown
Ken Coleman is not a psychologist!
He is just the Ramsey personality that knows a lot about jobs and how to find the one for you!
Why should he? It's a viable career
They should've 🤣 a fitness business isn't a million dollar idea
He has a great opportunity to do the right thing with this money. I hope he succeeds.
always happy to see ppl helping others and encouraging them when they succeed instead of putting them down and asking for a cut.
He ended up putting it all on black
@@jackstoltz1379all on black tar heroin
Investing 200k in stocks using the right signal will make you a million within a short period of time.
@@susanbradley8882 I will recommend my expert Tamara diane hagan for you, she has the best signal for stocks.
Just lookup with her name on the web for her website
You might not have a hundred million dollars to invest, but that doesn’t mean your money can’t share in the same opportunities available to others. You work hard for your money; make sure your money works hard for you.
The wealth you pass to the next generation can have a profound impact on your heirs, providing educational opportunities, the capital to start a business, or financial support to your grandchildren.
To manage investment risk, consider maintaining a broad diversification of your investments that reflects your personal risk tolerance, time horizon, and the nature of your financial goal. Remember, diversification is an approach to help manage investment risk. It does not eliminate the risk of loss if security prices decline.
Because investing can be complicated, consider working with a financial professional to help guide you on your wealth-building journey.
@vivian can you endorse any ?
Tamara Diane Hagan does a perfect job. look her up on the web
thanks Vivian. found her website.
I'm rooting for the guy. Twenty five years old and instead of burning $200k with hot women, a car, partying, he's thinking long-term. This guy is going to be a multimillionaire. Girls, cars, traveling, all that will eventually come as a nice byproduct from working hard.
Agree
He just wants to be a millionaire to party with fast cars
Girl*. You only need the one. He who finds a wife finds a good thing. 👍
who wants girls when they only want you for your money? if they don't want you when you are average joe don't even bother unless you want to lose it in divorce court
As a trainer myself I couldn’t agree more Dave and his team’s career advice here.
Pay off your debts and throw all of it in an SP500 index.
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 US-Stock Mrkt had been on it’s longest bull-run in history, so the mass hysteria and panic is relatable considering we’re not accustomed to such troubled mrkts, but there are avenues lurking around if you know where to look. My wife and I are retiring this year with over $7,000,000 in tax deferred investments. up until 3 years ago we were 100% in the S&P. During bear markets we had a perfect plan. We got an investment manager in our corner and didn’t look at our portfolio for nearly a year.
Same here, 75% of my portfolio is in the red and I really don’t know how long I can stomach the losses. I’m beginning to reach a breaking point.
Hello, I am new when it comes to investing and i would really appreciate if I could get some tips about where it is worth to invest in (ETFs, Stocks, Growth stocks, Dividend stock etc.)Please do you mind referring me to your financial analyst?
The decision on when to pick an Adviser is a very personal one. I take guidance from ‘Natalie Lynn Fisk‘ to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
Took me 14 years of hard work and willpower to amass what he's getting in one check, without doing a single thing to get it. I mean, good for him, but I do admit that I'm a little envious. What impresses me is that he's this young and the first thing on his mind is "How can I make this work for me and maximum the opportunity?" instead of "What can I buy with this?". He called the right place.
Jealous is normal. Envy is very bad. Idk if you actually feel that way or you misspoke
Right must be nice to have that and do nothing 🙁
Relative; some inherit millions and kingdoms, some nothing
Took you 14 years to get 200k?..
My wife lost her father and inherited some money. She would give every cent back to have him here. He died in a work related accident. She invested the money and almost feels guilt for using any of it. She will not even let me borrow any of it. Everyone thinks differently.
Will this approach also work for a new investor with about $250k or more hoping to create a start up portfolio? Or please how would you advice they go about it? It's all reliable advice that I'm searching for.
you need a certified financial planner straight up! personally, I would invest in ETF's and also love investing in individual stocks. yes it’s riskier but am comfortable in my financial environment
Exactly, a good number of people discredit the effectiveness of financial advisors/experts, but over the past 10years, I’ve had one consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains… might not be a lot but my portfolio can stand the test of time
Being heavily liquid, I'd rather not reinvent the wheel. Since this strategy works for you, how can I contact your advisor?
Heather Ann Christensen is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.
Prediction: this guy is going to blow all $200k
Sounds about right
Especially when he all of sudden becomes more attractive.
No question.
Lol.. Is no brainier if he just invest in S & P 500 index and by the time he is 45 years old he is would have 1.3mil..
@@marialee1163 But he doesn't have the patience. He said he's 25 and wants the 200K to turn him into a millionaire in his 30's.
Exceptional call….analysis….& solid advice. Bravo 👏🏼
Put 50% in VTI and 50% in QQQ (or SCHG) and forget about it for 20 years.
I'm always amazed at hearing how the average yearly incomes are so vastly different in different parts of the county.
It's almost as if cost of living is vastly different also. Lol like what
@@jaredfrazier2216 And it's like there are people who have no motive to earn more either..... whoa. Mind blowing it is.
Location doesn't always directly correlate to the incomes.
that caller does NOT sound like he is 25, more like he is 50
A 50 year old doesnt say "ummn" with everything they say.
He reminds me of that blonde guy from the TV show Coach. That's who he sounds like.
Thats because he is from Virginia
He sounds young about 25 sure
Those are the roids talking
Caller: I want to follow my passion
Ken: What's your passion
Caller: I want to become a Instagram fitness influencer
Ken: *Cringe*
Everyone does not want to work. They want easy money
@@annajones9701 I mean, you can be a hard worker and an instagram fitness influencer, they are not mutually exclusive. He just has to be realistic about it and Ken talked with him respectfully about it. Either way is better than having a low pay meat business that you don't like.
@@thekiaradanielle everyone DOES do it lol
You can hear Dave sigh after that
@@annajones9701 Henry Ford said most people don't recognize opportunity, because it comes dressed in work clothes and requires effort
Lets start off by saying I admire Dave Ramsey. Sometimes, I dont agree with what he states. This time. He and I are 100% in unison. The advise he gave at the very end is especially on point.
Dividend investing is great, just be patient. I went from making enough passively to pay for my netflix and hulu to now making enough to cover half of my mortgage. Not commenting this to brag, just to give hope to anyone who is discouraged by tiny gains in the beginning.
what route did you take? how can one invest more efficiently? help. sounds like you got something going for you. I am new at investing and really want in.
Recently I got into the financial niche, and I’ve taken a deep dive into investing, particularly dividend growth investment as it interests me. hoping to get to your level someday.
@@Gbdnd I've been working with someone who changed my idea about the stock industry and how DGI works ..I invest with the guidance of Jeannette Michelle Monroe, I came across her on an investment webinar, just search her name on line to know more about her. You can reach her from there..cheers
@@cristinabaker5292 Just researched her accreditation online and qualifications on FINRA and SEC, she seems really solid and i have sent her a mail already hopefully she replies soon enough.
I like my Divvies, agree with you CB, they can pay the bills : )
😅😅 every time I hear money I immediately think of taxes and I take all the excitement of money. It helps.
Smart man for asking what to do with the money before receiving it. I hope he takes Dave’s advice.
@KASHMAER Dude what do u mean there is nothing wrong with getting inheritance
@KASHMAER bro you might have an extra chromosome
@@omotayosatuyi252 he’s just salty it’s not him 😂
Really great advice for this person. You helped him.
The look on Dave face when he stated his two goals… absolutely priceless… call went from a ten to a two…😂😂😂😂😂😂😂😂😂😂
I too have recently inherited a large amount , I am absolutely in a state of gratitude, not every one gets this, however I feel very intimidated, and still very afraid to spend . This was a helpful call . I hope to be a caller.
Sometimes it’s as simple as getting out of debt, or paying off your house/buying a house, things which alleviate your burdens. Or as Dave sometimes says, spend part of it, give part of it away to charity, and invest the majority of it in index funds/brokerage account. Or purchase a rental property, etc. whatever investment you understand.
He better invest at least half of it, he's young and decades of compound interest will set him up beautifully.
Good advice!
Where to invest?
@@livingunashamed4869 Oh, I was asking for myself. Trying to figure this thing out. Thanks btw.
@@True2U08 id say taxable account in a robo advisor (ETF or index funds).
Crazy how much can compound for him in another 25 yrs when he is 50!!!
Habits and character build wealth...
Excellent!!!
Making smart investments can be difficult, especially when you don't have the time or knowledge to do it yourself.
@Edsakillg Medsarkoll I know right? There is no greater feeling than feeling financially secure and at peace. However, without good financial advice, those feelings may never be obtained. Donald Ben Taylor provides that peace of mind to all those who need it most, which is why he goes out of his way to create personalized solutions for each individual
Great topic! It's important to educate clients about these things.
I would put that 200k into index funds instead of mutual funds…… Mutual funds are outdated and has high fees.
Love all of the advise!!
A really thorough response. I got alot out of that! Thansk :)
One of the biggest bodybuilders ever was a cop ontil after he started making money competing. So yeah. Holding down a day job while you go for that dream is a good idea.
Roni Coleman!! Light weight!
Ronnie was still a cop when he won Mr. Olympia. I don’t know if he was the biggest, but he was the best.
Yeah Buddy!
I wonder if anyone gets this comment...lol
Aint nuthin but a peanut
*LIGHT WEIGHT BABY*
Invest in SP500. For almost 100 years, it has over a 10% annualized rate of return average with any 10-year period.
Dave's mutual fund push gets him money. Just buy into a low-fee SP500 index fund.
Great advice guys!!
Love the advice!! I feel people get so gung ho without taking all the factors into consideration. Thanks for the great content, God bless Dave and Ken!!!
That’s was great advice!
First he should focus on why his income is only 35k.
This is great advice!
You don't need much to get into content creation. At the end of the day, all you need is a story and a phone.
Giving y’all a like because I watch both you and Dave 😂
But how many actually can make money that way?
Is that Abby Petito?
So how much money do you owe?
@@Gridironwarplans Almost 0. For every Matt and Abby you have 1M people that never gain any real traction on TH-cam.
Dont get married and you will not loose it..
Your not wrong!
10% without risk a year and after tax is already to good to be real ! Madoff was around 12% and everybody was dying to be able to invest in his business.
Oh i am currently listening to Ken Coleman's book one question, and man to see him at the desk is super inspiring!!! I love this episode, there is so much value.
Great advice.
This caller and his money soon will be parted.
Why you say that?
@@nicholasolivas317 As the saying goes “A fool and their money are soon parted”.
😂😂😂😂 why so negative?
@@EsiriE Did you listen to them?
Agree. If you cant manage money before a windfall, you will continue after the windfall. As Dave has said 100 times: "money management is about behavior."
SOMETIMES ADVERSITY IS WHAT YOU NEED TO FACE IN ORDER TO BECOME SUCCESSFUL.
TRA DING IS THE WAY FORWARD IN LIFE NOW 🥰🥰
HOW CAN I GET A REAL TR ADER
WAO I AM SURPRISE YOU MENTI ONED
M RS PA TRI CIA
I TAUGHT I AM THE ONLY ONE WHO KNOW M RS PA TRICIA IA
I was in very similar situation I got the keys to the car and stepped on the gas… I lost all my money. I developed new habits I’m now in my way to success starting with so much less
LOLOLOLOLOLOLOL wants to be a IG fitness influencer!! I think we all know how this is going to end. Say goodbye to that 200k
If he's in good shape and has something to show for it, then it could be fine. Plus being an influencer doesn't really cost anything. You just post about your typical day to day until people start sponsoring you.
@@josiahfour25 yea good luck with that
@@josiahfour25 I think this works better for women than men. Women tend not to be the simps men usually are.
Just invest in VOO and forget about it for 10 years. DO not invest in mutual funds as Dave says. If you want to talk a bit of a risk buy ETF and the buy blue chip stocks. Mutual funds are there to make Dave rich
True
Ha ! Great minds think alike. Made the same comment.
This was more detailed then expected. Nicely done they gave sound advice but I don't know if the caller will listen.
If he follows thru with an advisor, he will. He took the initial step to ask the professionals, we can only hope.
The problem with not putting money into anything you don't fully understand is a lot of people don't want to learn and just put it in a savings account or spend it, letting time pass them by never doing anything with it. I have my kids income automatically invested for them directly from their bank accounts. They don't fully understand how it makes them money, but are happy they're doing it.
Wow, wish I had seen this video a few years back. I was in the exact same position, had $200k inheritance. I lost about $80k propping up my business which failed, the rest is sitting in a expensive sports car that was part of the will. Lucky, in a strange way, as I couldn't use the cash and the car is actually valued more than the trust value, so its a nice little nest egg. I think I will sell it and follow Dave's advice closely too.
What sort of business was it?
@@christiantakeyourdadfishin1655 Music media business. Coof killed the music scene in my country
@@CybreSmee I feel you. Lost 100k on day trading, over leveraged. Sucks. Have about 250k coming in soon from the same inheritance, so will be sure not to loose it. Looking at real estate and buying/ refinancing getting up to 5k a month NET income within a year is the goal..