How To Manage Your Money (50/30/20 Rule)

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  • เผยแพร่เมื่อ 7 ก.ย. 2024

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  • @Akimitsu-zx8zb
    @Akimitsu-zx8zb 3 หลายเดือนก่อน +2475

    Hit 108k last week, lost 17k today 💔💔💔

    • @GinaNicole-dy8kp
      @GinaNicole-dy8kp 3 หลายเดือนก่อน +13

      I want to start investing but don't know where to begin. Any advice or contacts for help?

    • @PunkosdiMonika
      @PunkosdiMonika 3 หลายเดือนก่อน +11

      It's wise to seek professional guidance when building a strong financial portfolio due to its complexity.

    • @LeilaSeverino-of6uj
      @LeilaSeverino-of6uj 3 หลายเดือนก่อน +12

      Talking to an expert like Margaret Burwell to reshape your portfolio is a smart move.

    • @Maria_Corrales1
      @Maria_Corrales1 3 หลายเดือนก่อน +9

      Certainly! I diversified my $21,000 portfolio across different markets

    • @ReinhardKuhnRonald
      @ReinhardKuhnRonald 3 หลายเดือนก่อน +8

      I made a net profit of around $99k by investing in high dividend yield stocks, ETFs, and equity

  • @SamiAyhan-y7h
    @SamiAyhan-y7h หลายเดือนก่อน +4560

    Shirlest opened my eyes to hidden money manifestation, and I can\'t believe this powerful technique isn\'t more widely discussed.

  • @EthanMaloney-qp4lh
    @EthanMaloney-qp4lh 2 หลายเดือนก่อน +4110

    I had $150K in cash savings sitting in the bank with minimal gains, so I decided to invest in stocks after hearing about people profiting even during market crashes. However, my portfolio isn't performing as well. How should I invest at this point?

    • @FelineAirstrip
      @FelineAirstrip 2 หลายเดือนก่อน +5

      Guess you did not do enough research on stocks you bought. there are strategies that can get you a lot of profit in the market, but you have to consult with a finance expert to help you diversify your porfolio

    • @WestonScally7614
      @WestonScally7614 2 หลายเดือนก่อน +3

      Having an investment advisor is the best approach to the stock market right now. I was going solo without much success until my wife introduced me to an advisor. I've achieved over 80% capital growth this year, excluding dividends.

    • @SaintYvess
      @SaintYvess 2 หลายเดือนก่อน +4

      Wonderful!!! I've recently sold property and aim to invest the proceeds in stocks, I'm seeking guidance. How can I reach them?

    • @WestonScally7614
      @WestonScally7614 2 หลายเดือนก่อน +3

      ’Jennifer Leigh Hickman’ is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

    • @JordanReam8186
      @JordanReam8186 2 หลายเดือนก่อน +2

      Wow, her track record looks really good from what I found online.i just searched her name and messaged her and I also scheduled a call with her

  • @TheJackCain-84
    @TheJackCain-84 2 หลายเดือนก่อน +2340

    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.

    • @kevinmarten
      @kevinmarten 2 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.

    • @Jamessmith-12
      @Jamessmith-12 2 หลายเดือนก่อน +1

      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.

    • @JacquelinePerrira
      @JacquelinePerrira 2 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.

    • @Jamessmith-12
      @Jamessmith-12 2 หลายเดือนก่อน +1

      'Carol Vivian Constable, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

    • @JacquelinePerrira
      @JacquelinePerrira 2 หลายเดือนก่อน +1

      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.

  • @VictoriaLisa959
    @VictoriaLisa959 3 หลายเดือนก่อน +1945

    Downturns and rollover will make you 100x than upturns. Selling is always fast. Going down you go in a lift while going up you go in a stairs. But timing is very important here

    • @GideonMitchell17
      @GideonMitchell17 3 หลายเดือนก่อน

      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, looking for companies to make additions to boost performance

    • @hillaryrowland1
      @hillaryrowland1 3 หลายเดือนก่อน

      A lot of folks downplay the role of advisors until 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. He helped grow my reserve notwithstanding inflation, from $275k to $850k

    • @Queenbrenda989
      @Queenbrenda989 3 หลายเดือนก่อน

      Everyone talks about the importance of trading with an expert but no one gives clue on how to find a reliable one to work with, do you mind helping

    • @hillaryrowland1
      @hillaryrowland1 3 หลายเดือนก่อน

      ​@@Queenbrenda989Timothy Eric Meek

    • @hillaryrowland1
      @hillaryrowland1 3 หลายเดือนก่อน

      Just Google the name to know more about his profile

  • @Raymondcraw1967RaymondCrawley
    @Raymondcraw1967RaymondCrawley 26 วันที่ผ่านมา +1474

    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.

    • @FaithAndrada-xo9ou
      @FaithAndrada-xo9ou 26 วันที่ผ่านมา +3

      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.

    • @BrewerVera
      @BrewerVera 26 วันที่ผ่านมา +1

      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

    • @fredrickmcgraw9491
      @fredrickmcgraw9491 26 วันที่ผ่านมา +2

      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

    • @BrewerVera
      @BrewerVera 26 วันที่ผ่านมา +6

      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.

    • @fredrickmcgraw9491
      @fredrickmcgraw9491 26 วันที่ผ่านมา +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.

  • @Bernando441
    @Bernando441 4 หลายเดือนก่อน +1806

    It's quite shocking how few people know about the forbidden book: Making money your reality

    • @johnnyrocket1685
      @johnnyrocket1685 4 หลายเดือนก่อน +4

      Well that literally flies directly in the face of what Jesus taught, and if we’re going to talk about how it’s shocking people don’t make money their reality, we should be willing to look at the exact reason why they don’t do that.
      Christianity and Catholicism have been the largest religions in the Western World for hundreds of years. It’s what has driven us to become what we are today.
      Jesus said “You cannot serve two masters. You cannot serve God and Money. You will either love one and hate the other, or respect one and despise the other.”
      So that’s why people in the West are so abhorrent to the idea of “Making money their reality.” Because to do that is to go against the very religions that have controlled our societies for a long time.
      .
      Meanwhile, the ones who run these religions are the ones with the most money and the most power in the physical world. It’s a vicious cycle.

    • @ishka3405
      @ishka3405 4 หลายเดือนก่อน +1

      Where can i find this book? When im looking online i cant seem to

    • @Jonzy6ixx
      @Jonzy6ixx หลายเดือนก่อน

      Please how can one get this book 🙏🙏

    • @sel6078
      @sel6078 หลายเดือนก่อน

      The issue is more than 50% of my monthly wage goes to rent alone, not including the extra bills and everything else on top of that

    • @sbu_dibay5019
      @sbu_dibay5019 หลายเดือนก่อน

      ​@@sel6078bro, try cutting down your cost of living maybe and use what's left and put that in investment s

  • @donaldwayne7023
    @donaldwayne7023 หลายเดือนก่อน +2474

    Investing in a stock may look straightforward, but choosing the right stock without a proven technique can be difficult. I've been attempting to grow my $210,000 portfolio for a while, but the largest impediment is a lack of defined entry and exit strategy. Any input on this matter would be highly appreciated.

    • @JenniferDavis7630
      @JenniferDavis7630 หลายเดือนก่อน

      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.

    • @EthanBrown_23
      @EthanBrown_23 หลายเดือนก่อน

      Some individuals minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.

    • @danieltaylor--65
      @danieltaylor--65 หลายเดือนก่อน

      That make a lot of sense; unlike us, you seem to have the market sorted out. Who's guiding you?

    • @EthanBrown_23
      @EthanBrown_23 หลายเดือนก่อน

      'Laurelyn Gross Pohlmeier' 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.

    • @RobertBrown..
      @RobertBrown.. หลายเดือนก่อน

      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.

  • @Lfgyf
    @Lfgyf 2 หลายเดือนก่อน +51

    I don't mean to brag but I just paid off my mortgage and I'm officially debt free! I put in 20k into various assets which I saved using some of these techniques last year and flipped into six figures within a few months and still going. I hope to attain financial freedom soon. One more thing, keep up the good work.

    • @Freddyyyy266
      @Freddyyyy266 2 หลายเดือนก่อน +2

      Well, congrats, but you can’t overlook the fact that it’s paramount not to get greedy but to remain invested through careful study, if not you can lose it all.

    • @mendeleyborisov92
      @mendeleyborisov92 2 หลายเดือนก่อน +2

      What assets did you invest in? I'm new to this and don't know what or where to invest in.

    • @Lfgyf
      @Lfgyf 2 หลายเดือนก่อน +2

      It’s not rocket science. As I said previously, I got into stocks, index funds, and REITs, myself but wasn't getting the results I wanted the first couple of months. Got tired of taking losses and decided to seek mentorship from Jonas Herman, a certified fiduciary who helps oversee my investments.

    • @Pathston
      @Pathston 2 หลายเดือนก่อน +1

      @@Lfgyf That's your view. In my experience, there is no such thing as a mentor or formula, it is nearly impossible to achieve success with investing. It’s all just gambling.

    • @Ferocious923
      @Ferocious923 2 หลายเดือนก่อน +1

      Sounds like I need help so bad. To me, these get rich quick schemes are not worth it and I know that's the same mindset holding me back from taking a step forward.

  • @shirleybarbara7272
    @shirleybarbara7272 7 หลายเดือนก่อน +1619

    The job of finance experts has expanded more than ever, and it is now essential to have a strategic outlook, industry-ready financial knowledge, and caution to help boost firm profitability and expansion.

    • @annagriffin6428
      @annagriffin6428 7 หลายเดือนก่อน

      As the stock market continues to expand, there are plenty of opportunities to work with international clients and manage foreign investments.

    • @durhammiller2724
      @durhammiller2724 7 หลายเดือนก่อน

      This can be a great way to diversify your portfolio and gain valuable experience in different global markets.

    • @lucianremaphosa8837
      @lucianremaphosa8837 7 หลายเดือนก่อน

      Investment management offers global opportunities.

    • @georgioagave7744
      @georgioagave7744 7 หลายเดือนก่อน

      As long as you have basic knowledge of the stock market and a desire to learn more about investing, you can quickly get started in the field by getting an expert financial advisor like Bianca Harley Doran for the purpose of achieving great investment returns.

    • @matildahumphrey1121
      @matildahumphrey1121 7 หลายเดือนก่อน

      It is an intellectually stimulating career.

  • @eduardorodriguez550
    @eduardorodriguez550 5 ปีที่แล้ว +3212

    My supervisor who makes way more than me said she needs a place to live because her landlord is selling. Should've seen the look on her face when I told her I had a vacancy at one of my rentals.

    • @MohamedHussein-ou5sj
      @MohamedHussein-ou5sj 5 ปีที่แล้ว +85

      E Rodriguez you’re 4 the ppl 🙏🏽

    • @ucfkid67
      @ucfkid67 5 ปีที่แล้ว +177

      Is she hott?? Lol

    • @MissLiveLaughLove1
      @MissLiveLaughLove1 5 ปีที่แล้ว +12

      Love it!

    • @PeaceDayCortez
      @PeaceDayCortez 5 ปีที่แล้ว +9

      E Rodriguez 🤣! Love it!

    • @johnsonkids3058
      @johnsonkids3058 5 ปีที่แล้ว +62

      E Rodriguez it's not how much you it's how much you keep

  • @eliseduffyfxx
    @eliseduffyfxx 2 หลายเดือนก่อน +1491

    I recently sold a house in Portland, and I'm considering investing the proceeds in stocks. I know it's a wonderful time to buy, but is this the right moment? When will I fully recover? I'm honestly just perplexed at this point as to how other folks in the same market are making over $450,000 in gains in a matter of months.

    • @lukefisherDD
      @lukefisherDD 2 หลายเดือนก่อน

      For any investor, a strong plan is essential to their portfolio. The higher the risk, the bigger the possible return when it comes to making important decisions, thus it makes sense to consult with seasoned experts.

    • @miltonclar
      @miltonclar 2 หลายเดือนก่อน

      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.

    • @JanAlston-kd6yl
      @JanAlston-kd6yl 2 หลายเดือนก่อน

      Lately, I've been researching advisors, but the market updates I've encountered haven't been very positive. Who's your guide?

    • @miltonclar
      @miltonclar 2 หลายเดือนก่อน

      NYCOLE CHRISTINA VANNATA a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

    • @calvinlewis-h2
      @calvinlewis-h2 2 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.

  • @Rob...
    @Rob... 5 ปีที่แล้ว +1429

    50/50 is how i roll, i was in debt never again, im addicting to saving money now. i'll never be poor again!

    • @greatlife6846
      @greatlife6846 5 ปีที่แล้ว +35

      Like ur attitude!

    • @JimBobe
      @JimBobe 5 ปีที่แล้ว +32

      I save 60% i decided to move back home after college and save up a bunch. Graduated debt free too!

    • @ethanreed3070
      @ethanreed3070 5 ปีที่แล้ว +19

      gaaaaay. live life a little

    • @Sabadiver
      @Sabadiver 5 ปีที่แล้ว +15

      Same here although I'm more like 70%. I will never be in debt again, I don't like to be owned by some institution or person.

    • @Sabadiver
      @Sabadiver 5 ปีที่แล้ว +4

      @ good point, must invest.

  • @jameswood9772
    @jameswood9772 3 หลายเดือนก่อน +967

    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.

    • @alexyoung3126
      @alexyoung3126 3 หลายเดือนก่อน +3

      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

    • @bobbymainz1160
      @bobbymainz1160 3 หลายเดือนก่อน

      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

    • @austingraff1881
      @austingraff1881 3 หลายเดือนก่อน +1

      this is all new to me, where do I find a fiduciary, can you recommend any?

    • @bobbymainz1160
      @bobbymainz1160 3 หลายเดือนก่อน +4

      'Rachel Sarah Parrish' 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

    • @austingraff1881
      @austingraff1881 3 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.

  • @JimBobe
    @JimBobe 5 ปีที่แล้ว +2907

    I currently have 60% going to savings. Just graduated college with 0 debt too!

    • @WhiteBoardFinance
      @WhiteBoardFinance  5 ปีที่แล้ว +223

      That's awesome, keep it up!

    • @ralphwilliams2396
      @ralphwilliams2396 4 ปีที่แล้ว +7

      Congratulations

    • @youtubeaccount0x073
      @youtubeaccount0x073 4 ปีที่แล้ว +43

      Jim Bob well you must be rich

    • @msharif2257
      @msharif2257 4 ปีที่แล้ว +14

      I like that 👍
      Keep it up”
      I support you.
      Is what I have to do:)
      I’m working on it👍

    • @johnmabbett6586
      @johnmabbett6586 4 ปีที่แล้ว +49

      Exactly, did the same, i have saved the amount people have in dept out of college. Screw pride lets go with common sense, i save on rent, while paying the parents half of what rent alone would be so they save on their mortgage, it's win-win

  • @johnlennon232
    @johnlennon232 5 หลายเดือนก่อน +858

    if the idea is to build an income stream to use as complement for retirement, or at any given point if needed, then building a dividend growth portfolio always buying adding to it could be a good and peaceful path. On the long run consistency and perseverance could guaranty the desired income stream goal with little worries

    • @alexyoung3126
      @alexyoung3126 5 หลายเดือนก่อน +3

      the idea is to Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions.

    • @williamyejun8508
      @williamyejun8508 5 หลายเดือนก่อน +1

      Well said, with the help of the an investment advi-sor, I diversified my 62K portfolio across many markets and in a matter of months, I was able to produce over 356K in net profit from high dividend yield equities, bonds, and exchange-traded funds (ETFs).

    • @jessicamoore3093
      @jessicamoore3093 5 หลายเดือนก่อน +2

      wow massive gains! my partner recently hinted on going same direction.. what did you invest in, and who is your investment advisr please, if you dont mind me asking? in dire need of asset allocation

    • @williamyejun8508
      @williamyejun8508 5 หลายเดือนก่อน +4

      She goes by 'Rachel Sarah Parrish'. I choose to delegate my excesses to her because of her great expertise. I suggest you look her up. To be honest, almost didn't buy the idea of letting someone handle growing my finances, but so glad I did!!!

    • @jessicamoore3093
      @jessicamoore3093 5 หลายเดือนก่อน +2

      I appreciate this share. I set up a call with her and I am keen on getting to talk to her particularly.

  • @astarajarvis9965
    @astarajarvis9965 4 ปีที่แล้ว +662

    I'm looking at this dudes handwriting like, yup he's definitely a teacher

  • @Jayyy-7
    @Jayyy-7 4 ปีที่แล้ว +575

    As a 15 year old I'm taking advantage of not having "needs". Saving money, working

    • @wiseman4160
      @wiseman4160 4 ปีที่แล้ว +39

      I was terrible with money at your age. One better breakdown to get to someday is 40%needs 20% wants 40% savings.

    • @jovanhayes7597
      @jovanhayes7597 4 ปีที่แล้ว +2

      Monty W lol I would say it’s 100% dependent on your individual circumstances

    • @troylinkjr5535
      @troylinkjr5535 4 ปีที่แล้ว +22

      Dude I kept saying that and always had a problem, im 20 now and still having trouble.. Make sure you spend your money wisely buddy

    • @jovanhayes7597
      @jovanhayes7597 4 ปีที่แล้ว

      @@troylinkjr5535 I will

    • @haley335
      @haley335 4 ปีที่แล้ว

      Same:)

  • @MarcelMcGowan
    @MarcelMcGowan 2 หลายเดือนก่อน +2164

    just sold a property in Texas 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.

    • @GeorgeWilliamSinclair
      @GeorgeWilliamSinclair 2 หลายเดือนก่อน

      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

    • @McKnightCutkosky
      @McKnightCutkosky 2 หลายเดือนก่อน

      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

    • @iuordanmatkov261
      @iuordanmatkov261 2 หลายเดือนก่อน

      I sincerely aspire to established a secure financial future and I am eager to participate , who is the driving your success?

    • @McKnightCutkosky
      @McKnightCutkosky 2 หลายเดือนก่อน

      I'd say a little due diligence on "Dianne Sarah Olson" truly exceptional

    • @Healthwithleo
      @Healthwithleo 2 หลายเดือนก่อน

      thanks for this tip... it was so easy to find your coach.. did my due diligence on her before emailing her. she seems proficient considering her resume

  • @kelsey7965
    @kelsey7965 3 ปีที่แล้ว +582

    I'm 16 and I just started to think about my future, and this helped so much. I know my future self is going to thank me so much for watching this video.

    • @Jack-ki8ei
      @Jack-ki8ei 3 ปีที่แล้ว +2

      china is about to go to war with us

    • @alejrandom6592
      @alejrandom6592 2 ปีที่แล้ว +3

      Global warming

    • @ayofrtho7014
      @ayofrtho7014 2 ปีที่แล้ว +43

      Just don't wait like me, I was 16 too and knew all this but never did anything. Not I'm 20 and I could have been WAAAYYY more ahead rn. Dont wait! Do it NOW. This goes for anyone too, but push things onto tomorrow.

    • @Nina-pz7ge
      @Nina-pz7ge 2 ปีที่แล้ว

      Me too! My 16th bday was yesterday and this is v important

    • @rebecca3453
      @rebecca3453 2 ปีที่แล้ว

      Me too buddy

  • @Johnmiccael1
    @Johnmiccael1 5 ปีที่แล้ว +3717

    I don't know why this stuff isn't taught in grade school.

    • @WhiteBoardFinance
      @WhiteBoardFinance  5 ปีที่แล้ว +337

      I have a hunch...

    • @thegangvault2
      @thegangvault2 5 ปีที่แล้ว +399

      It makes you more difficult to control if your finances are stable.

    • @bullish1920
      @bullish1920 5 ปีที่แล้ว +62

      Some of it is. (Not exactly this) in Florida a economics class is an elective in HIgh School

    • @Anthrax57
      @Anthrax57 5 ปีที่แล้ว +211

      They want you go to school to get a job. That's it. Not get rich.

    • @briank5877
      @briank5877 5 ปีที่แล้ว +118

      They want you to go into debt as USA is a consumer economy. This type of stuff is only learned at home or individuals that seek it out.

  • @ChristopherAbelman
    @ChristopherAbelman 3 หลายเดือนก่อน +707

    I have a 3 fund portfolio consisting of 33% S&P, 33% Total stock, and 33% international. I feel a need to focus on complete growth so I went 100% stocks, but does the SP500 and TSM overlap too much to make sense holding both? However I’ve been in the red for a month now. I work hard for my money, so investing is making me a nervous sad wreck. I don’t know if I should sell everything, sit and just wait but watching my portfolio of $450k dwindle away is such an eye -sore.

    • @PennyBergeron-os4ch
      @PennyBergeron-os4ch 3 หลายเดือนก่อน +3

      There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.

    • @FinnBraylon
      @FinnBraylon 3 หลายเดือนก่อน +2

      I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 67% profit in 18 months

    • @HildaBennet
      @HildaBennet 3 หลายเดือนก่อน +2

      I subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach?

    • @FinnBraylon
      @FinnBraylon 3 หลายเดือนก่อน +2

      Sonya Lee Mitchell is a renowned figure in her line of work. I recommend researching her credentials further.

    • @HildaBennet
      @HildaBennet 3 หลายเดือนก่อน +1

      she actually appears to be well-read and educated. I just did a Google search for her name and found her webpage, I appreciate you sharing

  • @esther.74
    @esther.74 ปีที่แล้ว +679

    The financial system has been artificially pumped for over a decade to ensure big pockets were lined; and now those same hands will make a fortune in the largest transfer of wealth in human history by shorting it on the way down. Inflation does have a roll, but that's to keep everyone panicked, and focused on their bills and expenses, rather than focus on the capital crimes of politicians and corporations,I'm still at a crossroads deciding if to liquidate my $338k stock portfolio, what’s the best way to take advantage of this bear market??

    • @talented009
      @talented009 ปีที่แล้ว +1

      Find stocks with yields that exceed the market and stocks that, at the very least, follow the long-term market trend. However, you should get guidance from a financial advisor if you want to create a successful long-term plan

    • @ThomasHeintz
      @ThomasHeintz ปีที่แล้ว

      I agree, I've been in constant touch with an Investment advisor for approximately 17 months. These days, it's really easy to buy into trending stocks, but the task is determining when to sell or hold. That's where my advisor comes in, to help me with entry and exit points , I've accrued over $337k from an initially stagnant reserve of $148K all within 18 months...

    • @Adukwulukman859
      @Adukwulukman859 ปีที่แล้ว

      @@ThomasHeintz I need a guide so i can salvage my port-folio due to the massive dips and come up with better strategies. How can one reach this advisor??

    • @ThomasHeintz
      @ThomasHeintz ปีที่แล้ว

      I work with an advisor named “Elise Marie Terry.” Her honest approach gives me complete ownership and control over my position, and her rates are incredibly affordable given my ROI.

    • @DarleneMurphy774
      @DarleneMurphy774 ปีที่แล้ว

      @@ThomasHeintz 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.

  • @susannnico
    @susannnico ปีที่แล้ว +468

    Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!

    • @lailaalfaddil7389
      @lailaalfaddil7389 ปีที่แล้ว +2

      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 beause I invested early ahead this time .

    • @lailaalfaddil7389
      @lailaalfaddil7389 ปีที่แล้ว

      Talking about success, I know I am blessed if not I wouldn't have met someone who is as spectacular as *ROCHELLE DUNGCA-SCHREIBER*

    • @susannnico
      @susannnico ปีที่แล้ว

      *ROCHELLE DUNGCA-SCHREIBER* is also my portfolio-coach, I found her on Bloomberg where she was featured, I looked up her name on the internet. Fortunately I came across her site and reached out to her, you can verify her yourself.

    • @TheSilentWealth
      @TheSilentWealth ปีที่แล้ว

      Thank you for the kind wish!

  • @lawerencemiller9720
    @lawerencemiller9720 7 หลายเดือนก่อน +399

    There is potential for considerable wealth increase with the correct strategy. I want to know; How can one take advantage of compound interest and potentially grow your retirement savings/net-worth to about $3M over time?

    • @williamyejun8508
      @williamyejun8508 7 หลายเดือนก่อน +1

      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 7 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?.

    • @williamyejun8508
      @williamyejun8508 7 หลายเดือนก่อน +4

      Natalie Marie Tuttle 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.

    • @jessicamoore3093
      @jessicamoore3093 7 หลายเดือนก่อน +2

      Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.

  • @laurelharper123
    @laurelharper123 8 หลายเดือนก่อน +593

    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.

    • @StellaMaris-lv2uq
      @StellaMaris-lv2uq 8 หลายเดือนก่อน +2

      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

    • @hunter-bourke21
      @hunter-bourke21 8 หลายเดือนก่อน +2

      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.

    • @maggysterling33254
      @maggysterling33254 8 หลายเดือนก่อน

      @@hunter-bourke21 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.

    • @hunter-bourke21
      @hunter-bourke21 8 หลายเดือนก่อน

      Much credit goes to *Camille Alicia Garcia* for her significant contributions. She maintains an online presence, making it easy to locate her. While other advisors might pose challenges to find, Julia has proven to be an excellent mentor throughout the year.

    • @TheresaAnderson-kf5xw
      @TheresaAnderson-kf5xw 8 หลายเดือนก่อน +1

      It is really incredible!!!! because I'm just shocked that someone mentioned and recommended Camille Alicia Garcia. I thought people didn't know her... She's really great!

  • @BateserJoanne
    @BateserJoanne 9 หลายเดือนก่อน +125

    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.

    • @AlexanderDanielley
      @AlexanderDanielley 9 หลายเดือนก่อน +2

      Indeed, currently I'm managing my finances wisely and being frugal. In the last 19 months, my investments grew by 43%, adding over $650K in profits. However, I've had losses in the past month, making me anxious. I'm unsure whether to sell everything or wait.

    • @Rodxmirixm
      @Rodxmirixm 9 หลายเดือนก่อน +2

      I always consult a financial advisor before investing. During the pandemic, I used their strategies to minimize risks and maximize profits, generating around $3 million in three years with my advisor, Stacey Lee Decker.

    • @antonnohr
      @antonnohr 9 หลายเดือนก่อน +2

      I'm intrigued by the idea of investing with an analyst, it seems like a wise choice in today's market. Could you provide me with some guidance on how to get in touch with her?

    • @Rodxmirixm
      @Rodxmirixm 9 หลายเดือนก่อน +1

      With the help of google you can book an appointment. She has a wealth of experience in the financial market gained over several years.

  • @jessicamoore3093
    @jessicamoore3093 ปีที่แล้ว +834

    Kiyosaki as my late husband would say have achieved an incredible feat in the stock market. He turned thousands to billions, and have made a lot of people wealthy in the process. I really saw the potential of the stock market by reading Berkshire's annual letters. I recently sold my $674k apartment in the Bel Air area and I'm hoping to throw it into the stock market. I just don't want to lose everything.

    • @alexyoung3126
      @alexyoung3126 ปีที่แล้ว +4

      For the average Joe, however, I think it is just best to invest and just wait, which is reliable, albeit extremely long-- lots of years. Or just use a professional analyst and speed up wealth creation. Most people underestimate the power of the latter.

    • @joesphcu8975
      @joesphcu8975 ปีที่แล้ว +1

      I agree with you, it has been so much of a hassle since the pandemic. 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. The role of analyst can't be denied.

    • @kimyoung8414
      @kimyoung8414 ปีที่แล้ว +2

      I think this is exactly what i should do now before i retire in 3years. Please let me know your investment adviser's name and how i can reach he/she? Does she work for foreigners? I live in Quebec, Canada.

    • @joesphcu8975
      @joesphcu8975 ปีที่แล้ว +4

      I have "EILEEN RUTH SPARKS" as my investment advisor. She has a solid reputation in her field and is a true genius when it comes to diversified portfolios, which help portfolios be less vulnerable to market downturns. She may be a name you are already familiar with; a Newsweek piece helped me to do so. She's a Google-able person.

  • @Jamespearson698
    @Jamespearson698 ปีที่แล้ว +790

    The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks. My $400,000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly appreciated.

    • @CraigMitchell376
      @CraigMitchell376 ปีที่แล้ว +1

      The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.

    • @Stanleytucci819
      @Stanleytucci819 ปีที่แล้ว +1

      Very true , I diversified my $400K portfolio across multiple market with the aid of an investment advisor, I have been able to generate over $900k in net profit across high dividend yield stocks, ETF and bonds in few months.

    • @frankcurrie6277
      @frankcurrie6277 ปีที่แล้ว

      @@Stanleytucci819 Please can you leave the info of your investment advisor here? I’m in dire need for one.

    • @Stanleytucci819
      @Stanleytucci819 ปีที่แล้ว

      my financial advisor is DIANA LUISE HINES. A middle aged lady from USA who really knows her stuff

    • @KalebWhite816
      @KalebWhite816 ปีที่แล้ว

      @@Stanleytucci819 Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals, and scheduled a call

  • @angeladeem2988
    @angeladeem2988 ปีที่แล้ว +668

    Heard someone say the best season for a fin.ancial breakthrough is now, especially with inflation running at a four-decade high. I have approximately $250k stagnant in my port_folio that needs growth. What is the best way to take advantage of this downturn?

    • @dianarabbanii2
      @dianarabbanii2 ปีที่แล้ว

      @David Anderson Boston Couldn’t agree more David, I've been in constant touch with a fiinancial-analyst since covid . These days, it's really easy to buy into trending stock's, but the task is determining when to buy or sell. My advisorr decides entry and exit commands on my portfoliio, I've accrued over $550k from an initially stagnant reserve of $150K

    • @dianarabbanii2
      @dianarabbanii2 ปีที่แล้ว

      @David harkins
      Credits to 'Julianna Dawn Morales' she has a web presence, so you can simply just searrch for her.

  • @DanielSmith-tl2ux
    @DanielSmith-tl2ux ปีที่แล้ว +626

    I must say you are an inspiration because I started up investing and trading as a scared investor who doesn’t want to lose money, glad to say I’m very profitable now and bought my first house through it

    • @williammoses4256
      @williammoses4256 ปีที่แล้ว +1

      Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals. you have to contend with inflation, recession, decisions from the Feds and all. I was able to increase my portfolio by $289k in months. You have to seek for help in the right places.

    • @Marycain-wx2xs
      @Marycain-wx2xs ปีที่แล้ว

      @Rayner Teo how can reach her cause I'm interested

    • @Marycain-wx2xs
      @Marycain-wx2xs ปีที่แล้ว +1

      I think I'm going to message her too thanks so much 😂

    • @DanielSmith-tl2ux
      @DanielSmith-tl2ux ปีที่แล้ว

      @@Marycain-wx2xs she's active on Facebk too

    • @DanielSmith-tl2ux
      @DanielSmith-tl2ux ปีที่แล้ว +1

      Victoria E. Klein

  • @1redrubberball
    @1redrubberball 4 ปีที่แล้ว +124

    I'm retired and 5 months away from "debt free". Single, house & cars paid for, etc. Net income is $38K. My needs are 1/3 net and my wants are nearly nothing these days. I feel positively rich!

    • @jaym.9275
      @jaym.9275 4 ปีที่แล้ว +5

      Sounds like a dream! Congrats

    • @1redrubberball
      @1redrubberball 4 ปีที่แล้ว +14

      @@jaym.9275 Thank you! Arrived at "debt free" last month and it feels wonderful.

    • @AileenTv.
      @AileenTv. 4 ปีที่แล้ว +1

      Congratulations 🙏happu bfor u

    • @jovanhayes7597
      @jovanhayes7597 4 ปีที่แล้ว +1

      You said your wants are nearly none. Maybe you should start having some fun with your money

    • @1redrubberball
      @1redrubberball 4 ปีที่แล้ว +15

      @@jovanhayes7597 I read books (non fiction), watch old Westerns on TV,
      have hobbies, work in the yard, have grandchildren, enjoy charitable giving, have lived in 4 states and visited dozens of countries earlier in the Navy. I am not wrapped up in materialism, nor
      keeping up with anyone else. When in the mood, I take my toy, a 2013 Dodge Challenger R/T out for fun. I don't have to be spending money to entertain myself and I no longer have a wife who couldn't be happy unless she was constantly spending. I feel blessed, having all I need and more. I'm rich.

  • @teachmehowtodoge1737
    @teachmehowtodoge1737 3 ปีที่แล้ว +81

    Mine looks like this:
    Savings - 30%
    Emergency Fund - 10%
    Investment Fund - 10%
    Wants - 10%
    Needs - 40%

  • @joesphcu8975
    @joesphcu8975 ปีที่แล้ว +1074

    invstors need to act cautiously but remain vigilant in monitoring the market landscape for opportunities to pick up high-quality assets at discounted prices. These are difficult environments, but they also coincide with the best opportunities.

    • @alexyoung3126
      @alexyoung3126 ปีที่แล้ว +2

      Working with a Financial Advisor to help guide you on your wealth-building journey if you're just starting out is a wonderful way to get started . They helps to manage investment overall risk profile , prevent permanent loss of capital consider maintaining a broad diversification of your investments that reflects your personal risk tolerance, time horizon, and the nature of your financial goal

    • @checkforme234
      @checkforme234 ปีที่แล้ว +3

      This is why being informed pays off. I see any market condition as an opportunity, so far i just dollar cost average. I've accrued $321k so far in 2022 as raw profits under the guidance of my Financial-Advisor "Eileen Ruth Sparks"I don't pay attention to the day to day movements, Returns have been good. Not retiring any time soon so who cares what happens today?

    • @kimyoung8414
      @kimyoung8414 ปีที่แล้ว +1

      @@checkforme234 Glad to have stumbled on this conversation.I'm a typical late 40's, working class mom concerned for the future in all aspects of where we all going, in this breath finances. Please can you leave the info of your Financial-Advisor here? I’m in dire need of one

    • @checkforme234
      @checkforme234 ปีที่แล้ว +1

      You can easily look her up, she has years of financial market experience.

  • @anneharry9918
    @anneharry9918 3 ปีที่แล้ว +173

    I don’t like my job,I don’t like working for other people,I want to be my own boss. so I stay there and endure because it’s motivation for me to get my ish together so I never ever ever have to seek approval to take a vacation again.

    • @anneharry9918
      @anneharry9918 3 ปีที่แล้ว

      @Nelson Harry That’s very correct Nelson multiple streams of income is the actually key to financial freedom
      I still want to invest but I will be needing the help of a professional any recommendations please?

    • @anneharry9918
      @anneharry9918 3 ปีที่แล้ว

      @Nelson Harry I sent your mentor a message on What’s app he replied me and I’m still textin with him tho he sounds professional well I think I will give his platform a try with an investment of $25k

    • @bufubufu8258
      @bufubufu8258 3 ปีที่แล้ว

      What field you want to become a boss in?

    • @Waroftheworldsz
      @Waroftheworldsz 3 ปีที่แล้ว

      Look into truck driving, it's not for everyone but you're almost your own boss. You still work under companies until you get your own truck and can become contracted and eventually your own boss.
      But my step father makes upwards of 5-6k a week, were he an owner operator he would make double that and be contracted under a company, making him in charge of his own schedule. Plus, most truck driving jobs are you just driving from point a to b and dropping off cargo.

    • @jordanbrown1337
      @jordanbrown1337 3 ปีที่แล้ว

      🙏

  • @robinsonjon8632
    @robinsonjon8632 2 ปีที่แล้ว +315

    *Unfortunately, no one can live this life without MONEY. We are forced to work and chase after Money to pay rent and bills. May GOD bless everyone with enough money and relieve us of money anxiety. Amen*

    • @robinsonjon8632
      @robinsonjon8632 2 ปีที่แล้ว +1

      Getting money is an issue that everyone has needs in order to live a better and luxurious life. Life was difficult for me until i began trading,and I'm now earning a lot of money even with the current crash happening in the trading market. I still make gains using a better strategies....

    • @robinsonjon8632
      @robinsonjon8632 2 ปีที่แล้ว +1

      Being earning $2,900 on every $200 lnvested in the space of 7trading days

    • @roelrudd6118
      @roelrudd6118 2 ปีที่แล้ว

      Amen to this prayer.

    • @muawuyaadamu4043
      @muawuyaadamu4043 2 ปีที่แล้ว

      🙏🙏🙏🙏🙏

    • @samuelteddy.439
      @samuelteddy.439 2 ปีที่แล้ว

      @@robinsonjon8632 Not only that.

  • @CrashChronicles-f2r
    @CrashChronicles-f2r 2 ปีที่แล้ว +4

    Am really disappointed at myself. I just turned 30 and I don’t have savings.. watching this video has really changed my mind set. I hope I can keep you.. 20 to 30 years from now.. I’ll look back and smile.. great video

  • @hermanramos7092
    @hermanramos7092 ปีที่แล้ว +1278

    Great Video Mav! Maybe make a video on potential investments in this current market that would fetch substantial profit, been coming across articles on bloomberg, business insider etc about folks raking in $200K averagely in 6weeks using some sophisticated strategy and I'd love to know how.

    • @martingiavarini
      @martingiavarini ปีที่แล้ว +3

      Well , i think It all depends on how long you're willing to hold for and your strategies, stocks might likely tank further , but making serious gains in this downtrend shouldn't be a problem if you're a pro

    • @Oly_laura
      @Oly_laura ปีที่แล้ว +2

      I noticed , a lot of folks are making huge 6figure killings in this downtrend, only just that such technques are mostly successfully executed by folks with indepth mrkt knowledge .

    • @jaunemalan
      @jaunemalan ปีที่แล้ว +1

      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 , I’ve netted over $850k in the past 10months and it wasn't some rocket-science strat. I applied , I just knew I needed a firm and reliable technque to navigate better in these times, so I hired a portfoilo advlsor .

    • @hermanramos7092
      @hermanramos7092 ปีที่แล้ว +1

      @@jaunemalan ....Impressive! can you share more info?...

    • @jaunemalan
      @jaunemalan ปีที่แล้ว +1

      @@hermanramos7092 She is an Advisor I found through a Newsweek report; Janet karson hardy, you can google her for more info....

  • @elvismark5172
    @elvismark5172 ปีที่แล้ว +887

    The markets are still doubtful that the Federal Reserve will keep to its plan to raise interest rates until inflation is under control, even if bond yields are rising while stock prices are falling. What is the greatest method to profit from the current bear market while I'm still deciding whether to sell my $401,000 worth of stocks?

    • @waynestones
      @waynestones ปีที่แล้ว +2

      Developing a solid financial portfolio is more difficult, therefore I suggest you seek expert assistance. The ideas you receive after that can be tailored to your long-term goals and financial desires.

    • @oscarjiron6974
      @oscarjiron6974 ปีที่แล้ว +2

      You're not doing anything incorrectly; you simply lack the expertise to capitalize in a down market. Professionals with extensive expertise who must have witnessed the 2008 crisis are the only ones who may profit significantly during turbulent times like this.

    • @AnthonyHart34
      @AnthonyHart34 ปีที่แล้ว +1

      @@oscarjiron6974 I require suggestions on how to restore my portfolio and create more effective strategies in light of the huge declines. Where can I locate this instructor?

    • @oscarjiron6974
      @oscarjiron6974 ปีที่แล้ว +1

      @@AnthonyHart34 You may locate "sharon lee casey" using a search engine, of course. But I'm not sure if I have authorization to talk about this. She received a lot of media attention in 2020. She manages my portfolio and serves as my mentor.

    • @aaronbritzly3154
      @aaronbritzly3154 ปีที่แล้ว

      @@oscarjiron6974 Fascinated to know, Her credentials are undoubtedly excellent,
      Sharon appears to be very knowledgeable. I discovered her online profile and read through her resume, educational background, and qualifications, which were all very impressive. She is a fiduciary, so I scheduled a session with her.

  • @tesskansas4939
    @tesskansas4939 3 ปีที่แล้ว +205

    question for anyone to answer: What percentage is reasonable to plan for housing? Since my home is paid for, 50% could be reduced, and directed to investing or education.-----editing: answered my own question - increase tithing/spiritual gifts.

    • @xueyijun2144
      @xueyijun2144 3 ปีที่แล้ว

      Dont gamble with your money working alone. reach to a pro.

    • @stephentownsend3297
      @stephentownsend3297 3 ปีที่แล้ว

      @Helen Marie Champagne thank you. i found her website and i am dropping a message.

  • @osytrognsy
    @osytrognsy 5 ปีที่แล้ว +693

    No apologies for short videos bro! i prefer to listen short, real information rather than hours of BS. keep up the good work, thank you for aducating us.

    • @WhiteBoardFinance
      @WhiteBoardFinance  5 ปีที่แล้ว +16

      Thanks

    • @imdalool
      @imdalool 5 ปีที่แล้ว +10

      Educating*

    • @magesticmoose7169
      @magesticmoose7169 3 ปีที่แล้ว +1

      I can’t tell if the aducating was a joke or not

    • @jackfrosty4674
      @jackfrosty4674 2 ปีที่แล้ว

      Children as young as five are now being injected with these chemical poisons, which accumulate in the liver and cause, you guessed it: hepatitis.

  • @checkforme234
    @checkforme234 ปีที่แล้ว +435

    If you're holding cash, you have 100% chance of losing money yearly due to inflation. If you"re holding stocks for 2.5+ years, there is a 100% chance you won't lose money. So where is the real risk?

    • @kimyoung8414
      @kimyoung8414 ปีที่แล้ว +5

      Misinformation and lack of financial education leads to negative thinking..Have an investment strategy.

    • @erichkraetz2622
      @erichkraetz2622 ปีที่แล้ว +4

      Banks will pay you 0.1% on your savings account, but pay their shareholders a dividend yield of 3.5%....Now tell me savers are winners

    • @joesphcu8975
      @joesphcu8975 ปีที่แล้ว +2

      if you are not on the Fin markt space now you are making a huge mistake, i get it can be due ignorance but if you want to make your money work for you, to prevent inflation from eroding your savings, to build generational wealth and to cultivate good habit and financial knowledge

    • @alexyoung3126
      @alexyoung3126 ปีที่แล้ว +4

      @@joesphcu8975 I was really into stacking until i met '' *Ingrid Cecilia Raad* '' this coach was who advised me to give the market a try, buy making me understand that a bearish market is where the 10x can be made buying accumulating when everybody is panicking, with her entry and exit strategies i have been able to grow my bag tremendously. It’s never about how fast but about how well.

    • @lawerencemiller9720
      @lawerencemiller9720 ปีที่แล้ว +1

      @@alexyoung3126 how can i reach this person because i am in need for better investment approach.

  • @lukeroger9346
    @lukeroger9346 5 หลายเดือนก่อน +118

    I've been involved in stocks and crypto investments for some time now, but I haven't seen the positive results I was hoping for. What could I be doing wrong? Please, any help would be greatly appreciated. Thank you🙏

    • @Akimitsu-zx8zb
      @Akimitsu-zx8zb 5 หลายเดือนก่อน +12

      Staying current with market updates and keeping up with news sources such as CNBC could help out

    • @derrickwilhelm2898
      @derrickwilhelm2898 5 หลายเดือนก่อน +10

      Consider getting advice from someone who knows their way around, if you're not familiar with the market. Look for a seasoned pro. Their services have greatly contributed to the success of my investments for years.

    • @OlgaLidiaGodinezMolina
      @OlgaLidiaGodinezMolina 5 หลายเดือนก่อน +10

      Any good recommendations?

    • @LucyBrown37
      @LucyBrown37 5 หลายเดือนก่อน +9

      I highly recommend Margaret Burwell

    • @stevenwilliams-el8ux
      @stevenwilliams-el8ux 5 หลายเดือนก่อน +8

      A lot of folks have been talking about her lately. She must be pretty good at what she does.

  • @Rubyeverly-Jessica
    @Rubyeverly-Jessica ปีที่แล้ว +920

    fantastic video Everybody wants to be financially independent and live a better life. With savvy investing, an inexpensive lifestyle, and diligent budgeting, this is not difficult to do. I'm glad I realized early on that achieving financial freedom requires hard work.

    • @Brittany-reeds
      @Brittany-reeds ปีที่แล้ว

      My belief is that making a wise investment is a fantastic way to save money for the future as well as a way to generate passive income. Those who make poor mistakes early in life regret them later in life. But, if done alone, investing may be challenging and risky. For this reason, I suggest consulting experts for advice (financial advisors). The difficulty lies in effectively employing it, not just watching videos and reading investing books.

    • @Victoriataylor5668
      @Victoriataylor5668 ปีที่แล้ว +1

      @@Brittany-reeds Sincerely, I'm genuinely moved by what you said. I have a sizable amount of money that I am willing to invest if given the appropriate knowledge and I am highly interested in investing. My greatest concern is losing money on a bad investment. I'm open to hearing your advice on how to make sensible investments as a result.

    • @anyadni
      @anyadni ปีที่แล้ว

      @@Victoriataylor5668 As an OAP with extensive experience, I firmly think that having the appropriate information is essential to the success of any investment. Regardless of what others may say, do whatever you set your mind to. Warren Buffer frequently advises, "Be fearful when others are greedy, and greedy when others are fearful." The secret to succeeding even while others fail is undoubtedly this. Working with financial advisor ALICE ELAINE HAYHURST, I earned $100,000. So far, working with her has been a promising experience.

    • @cliftondippolito
      @cliftondippolito ปีที่แล้ว

      @@anyadni Please let me know how to contact your financial planner.

    • @CJ-wright
      @CJ-wright ปีที่แล้ว

      @@cliftondippolito Do a short web search to find a place where you can contact her, and conduct your research using her complete names.

  • @nabeelsteel841
    @nabeelsteel841 5 ปีที่แล้ว +448

    These are the types of things kids should be learning around high school. Really getting a grasp on basic personal finance early on saves years of struggle and problems later. Wish I had learned even a fraction of this stuff before journeying into the real world. Thanks for the great content, really enjoy your videos!

    • @WhiteBoardFinance
      @WhiteBoardFinance  5 ปีที่แล้ว +4

      Thanks for watching

    • @mercepenaso5477
      @mercepenaso5477 2 ปีที่แล้ว

      True

    • @vikatikoisolomone9722
      @vikatikoisolomone9722 2 ปีที่แล้ว

      So true

    • @jackfrosty4674
      @jackfrosty4674 2 ปีที่แล้ว

      Children as young as five are now being injected with these chemical poisons, which accumulate in the liver and cause, you guessed it: hepatitis.

    • @therealmcgoy4968
      @therealmcgoy4968 2 ปีที่แล้ว

      Accounting and finance should be taught in high school… it would help give kids a perspective of life before they start taking out massive loans

  • @PeterSimpson-mg9gg
    @PeterSimpson-mg9gg 3 หลายเดือนก่อน +7

    When you venture into the world of financial investment, it's important to understand some foundational principles

    • @JacobMcDonald-wb6wl
      @JacobMcDonald-wb6wl 3 หลายเดือนก่อน

      It simply means the allocation of money toward an asset or portfolio, with the expectation of earning a return over time.

    • @FrankBrook-js9yh
      @FrankBrook-js9yh 3 หลายเดือนก่อน

      Yes, It a procedure where you allocate money or capital towards buying financial products, expecting to earn a considerable return in the future.

    • @OmidfNimaryi
      @OmidfNimaryi 3 หลายเดือนก่อน

      According to Patricia strain an expert, this can occur through appreciation in the price of the asset, earning interest, dividends or royalties.

    • @RebeccaGilpin
      @RebeccaGilpin 3 หลายเดือนก่อน

      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

    • @harryrobot851
      @harryrobot851 3 หลายเดือนก่อน

      Patricia Strain must be a great person, her strategies are top notch.

  • @isntlifebetter
    @isntlifebetter ปีที่แล้ว +9

    Thank you! Im almost 40 and I never knew how to budget and that is why I never have money. I need the basics. I appreciate this video to help me get started growing my money.

    • @Centsible_Money
      @Centsible_Money 5 หลายเดือนก่อน

      There is no one size fits all solution when it comes to budgeting, and the right time to start is now. When it comes to budgeting, my goal has always been to have enough saved up in an emergency fund/nest egg, that lets me sleep peacefully at night. That just has to be your step 1. Everything else, eg. investing, comes after that.

  • @valentino226
    @valentino226 5 ปีที่แล้ว +142

    Another way to budget that I learned from another finance TH-camr is to use 50% for living expenses, 30% for investments and 20% for savings. After you have an emergency fund saved for minimum of 6 month and have no dept then you can use the 20% savings for wants.

    • @waynebanks8656
      @waynebanks8656 4 ปีที่แล้ว

      Investments! Nice. That hopefully creates cash flow so the money isn't just being saved it's coming in like money is being printed because that doesn't stop so why stop touching more Money.

    • @TJ-fi7cb
      @TJ-fi7cb 4 ปีที่แล้ว

      Nadjib Zaoui MM😉

  • @mesutserim1595
    @mesutserim1595 ปีที่แล้ว +352

    Very well articulated; I wish I had more time for trial and error, but I'll be 56 in August and I need ideas and advice on what investments to make to set myself up for retirement, especially with the looming inflation and recession; my goal is to have at least $1 million by the age of 60.

    • @chrisbluebird5037
      @chrisbluebird5037 ปีที่แล้ว +1

      @Finest Bear Hug Yes, I've used such expert, an investment adviser at that, and she really worked magic on my portfolio, initially I was always in and out of the market, selling at a complete loss but for the past 2years I've been mostly in the green, earning steady profit irrespective of market movement thus gaining over $850k+ in the past 2years

    • @legacymedia8468
      @legacymedia8468 ปีที่แล้ว

      @@chrisbluebird5037 Sweet! how'd you go about getting a proper investment-adviser like that, I've had plans to touch base with one, I'm just not sure how to go about it, I don't mind looking up this one that guides you.

    • @chrisbluebird5037
      @chrisbluebird5037 ปีที่แล้ว +3

      @@legacymedia8468 The Investment-adviser is actually quite known, Wendy Helene Bennett, she has a wide presence on the web, you can just search her.

    • @legacymedia8468
      @legacymedia8468 ปีที่แล้ว +1

      @@chrisbluebird5037 Thank you, I researched Wendy Helene Bennett and I went over her site and qualifications, she seems pretty tight and I've scheduled a call.

  • @sulimanorlanes8167
    @sulimanorlanes8167 ปีที่แล้ว +3

    reality strikes when i try to compute my expenses and savings. need to focus to decreasing wants.

  • @kickinghorse2405
    @kickinghorse2405 2 ปีที่แล้ว +2

    This is great!
    I learned the "1, 2. 3, 4" budget.
    (10, 20, 30, and 40%)
    10% savings (retirement, emergency "rainy day" fund . . .)
    20% wants (cable/online subscriptions, gym and other memberships, entertainment, hobbies/"toys", vacation saving . . . )
    30% needs (variable expenses) seasonal utilities, food, gas/ transit, auto and home repair.
    40% needs (fixed expenses) rent, unchanging utilities, insurance, land tax, debt repayment.

  • @DavidMiller-du9dy
    @DavidMiller-du9dy 2 ปีที่แล้ว +63

    you want to build a portfolio that beats the market, you've generally got to be willing to put in the work, take risks, research investing, and be willing to hold for the long run, even if prices don't go your way for a while.

    • @hulkarmstrong8471
      @hulkarmstrong8471 2 ปีที่แล้ว +3

      There's nothing like receiving some extra income every month.

    • @kumarvenkatesh6600
      @kumarvenkatesh6600 2 ปีที่แล้ว +3

      Dividend stocks are an excellent source of supplemental income at all times, most people just wanna buy any growth stock they hear about.

    • @emiliobarretto9732
      @emiliobarretto9732 2 ปีที่แล้ว +2

      Most stocks has underperformed lately.

    • @billnolan5375
      @billnolan5375 2 ปีที่แล้ว +2

      With so much volatility in key stocks, it’s kinda hard knowing which stocks will do great or enhance ones portfolio.

    • @liamjohn2756
      @liamjohn2756 2 ปีที่แล้ว +3

      @@billnolan5375 There are great stocks in the market with big room for growth, you gotta be a consistent investors with a steady approach, you should be able to seize opportunities created by the uncertainty.

  • @alexyoung3126
    @alexyoung3126 ปีที่แล้ว +276

    America is done. All signs suggest that 2023 will be a year of severe economic pain all over the nation. Put those money to work now to make it grow. I knew I had to invest. I didn't think a few hundred dollars a month would add up. But it is. From 2020 to date, I have made around $600,000.

    • @chris-pj7rk
      @chris-pj7rk ปีที่แล้ว +8

      Congrats. The real financial unlock comes when you understand and know the technique needed to manage investment overall risk profile , prevent permanent loss of capital. Having a strategy to take profits when they happen is key

    • @oneiljerry9460
      @oneiljerry9460 ปีที่แล้ว +4

      @@chris-pj7rk Good reason why you need the hands of a fiduciary-counselor when you're starting out, unless you're ready to crash and burn. As their entire skillset is built around going long and short at the same time, using a profit-driven strategy based on individual risk appetite

    • @johnlennon232
      @johnlennon232 ปีที่แล้ว +3

      @@oneiljerry9460 Absolutely, Fiduciary-counselor have exclusive information and data paths that are not disclosed to the public.. I've made north of $260k in raw profits from Q2-Q3 of 2022 under the guidance of my Fiduciary-counselor HEATHER ANN CHRISTENSEN. I hope to get more

    • @stephaniestella213
      @stephaniestella213 ปีที่แล้ว +2

      @@johnlennon232 How can I count with Heather, is she verifiable, do you think she can help me, I live in Canada?

  • @AngelRamirez-bs8eg
    @AngelRamirez-bs8eg 2 ปีที่แล้ว +3

    This video helped me realize something I'm 15 and I'm spending more money on wants than needs even though I'm trying to get a car and geting a car isn't a want it's a need scince I need to travel to work because I can't walk there it's a 2 hour walk but a 30 minute drive so this is going to help me in the long run.

  • @kimyoung8414
    @kimyoung8414 11 หลายเดือนก่อน +150

    Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too,

    • @alexyoung3126
      @alexyoung3126 11 หลายเดือนก่อน +2

      investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.

    • @oneiljerry9460
      @oneiljerry9460 11 หลายเดือนก่อน +1

      Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $486k in the last six month. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently….

    • @jessicamoore3093
      @jessicamoore3093 11 หลายเดือนก่อน +1

      wow ,that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio

    • @oneiljerry9460
      @oneiljerry9460 11 หลายเดือนก่อน +3

      The adviser I'm in touch with is Helene Claire Johnson. She was interviewed on CNBC Television. You can use something else, for me her strategy works hence my result. She provides entry and exit point for the securities I focus on.

    • @jessicamoore3093
      @jessicamoore3093 11 หลายเดือนก่อน +1

      Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.

  • @perryh.5306
    @perryh.5306 ปีที่แล้ว +4

    I have a 50/40/10 rule. I use 50% to put on bills I have, 40% I give to my sister and I keep 10% for myself!

  • @donnieburns6986
    @donnieburns6986 5 ปีที่แล้ว +185

    Great video however I would say that your 20% savings/debt should be higher that your wants especially if u have debt. When u have debt your wants have to decrease.

  • @MrGrimHD1123
    @MrGrimHD1123 5 ปีที่แล้ว +45

    I'm in college, Its paid for and I still live with my parents. I'm working as well, don't have anything I need to pay for until I get a car, so 100% savings. Not really, but mostly haha.

    • @WhiteBoardFinance
      @WhiteBoardFinance  5 ปีที่แล้ว +5

      nice!

    • @MrGrimHD1123
      @MrGrimHD1123 5 ปีที่แล้ว

      @@WhiteBoardFinance Indeed!

    • @mercedesarlington7357
      @mercedesarlington7357 4 ปีที่แล้ว

      Saving in the bank is resourceful but have you tried to let your money work twice as hard for you? Crypto investment are the best deals atm I started of with $2k and in 2 weeks I got a return of $14k. How did it happen? Crypto investment.
      Comment for the most trusted sites for investments

  • @lyjemarks4245
    @lyjemarks4245 2 ปีที่แล้ว +1

    i just got a job (im 15) and realized how easy it is to blow through money and this really helped thank you so much

  • @joshuadxlee
    @joshuadxlee 5 ปีที่แล้ว +17

    This model is great for the average salary but I earn $400k and I can definitely keep my 'needs' below $30k. I can save 10 times my needs if I wanted to. Great video by the way :)

    • @WhiteBoardFinance
      @WhiteBoardFinance  5 ปีที่แล้ว +2

      thanks

    • @redez-ik5xz
      @redez-ik5xz 4 ปีที่แล้ว +1

      Lemme have 20k lol😂😂😂

    • @Quon410
      @Quon410 3 ปีที่แล้ว +1

      Would you like to be a great person and pay my college tuition?

    • @alissakelly427
      @alissakelly427 2 ปีที่แล้ว +1

      lmao are u by chance a sugar daddy

  • @andrewcleverly1322
    @andrewcleverly1322 3 ปีที่แล้ว +25

    Everyone knows what to do, but not everyone does what they know..Remember long lasting results come from steady and consistently applied effort.

    • @annarodriguez8798
      @annarodriguez8798 3 ปีที่แล้ว

      @Mark Anderson that's right,I own Bitcoins, it is a store of value,a distrusted ledger, it is a great place to put assets, government currency does not hold value.

    • @felixgeorge8158
      @felixgeorge8158 3 ปีที่แล้ว

      @@annarodriguez8798 you are right my friend, a lot of people are too ignorant to understand that Bitcoin is the future.

    • @ruthsaddy6187
      @ruthsaddy6187 3 ปีที่แล้ว

      Trading has not been going well for me, I have invested lots of times and failed, I trade on my own and each time I keep losing money.

    • @ruthsaddy6187
      @ruthsaddy6187 3 ปีที่แล้ว

      @Rev Micha How can I get a real broker there are lots of fake and I don't want to loose my money to any scammer.

    • @isabelladenver4005
      @isabelladenver4005 3 ปีที่แล้ว

      @@ruthsaddy6187 w**s**pp👉+ 1 3 1 9 4 3 2 7 3 8 5

  • @mlungisizulu399
    @mlungisizulu399 2 ปีที่แล้ว +2

    😢😢My wants always pours over to my needs. I am aware of the flaw now. Discipline and committing to my budget is where I fail dismally. 😞

  • @jestineabraham5185
    @jestineabraham5185 ปีที่แล้ว +2

    What a beautiful and simplified video , tks for this info

  • @annmannings1840
    @annmannings1840 2 ปีที่แล้ว +9

    Thank you😊 for this video, do you offer account management or have any recommendations?

    • @marknoble6832
      @marknoble6832 2 ปีที่แล้ว

      Any specific guide?

    • @natina1957
      @natina1957 2 ปีที่แล้ว

      Ever since I lost my job with the ministry, I have been surviving through my investment with Miss Victoria, I'm so glad I invested when I did.

    • @millerwoods1343
      @millerwoods1343 2 ปีที่แล้ว

      @Harry Micheals I invested with her after I got a loan from a friend and now after receiving profit, I paid my friend and reinvested over and over again. I must say she's a very transparent and honest personality

    • @millerwoods1343
      @millerwoods1343 2 ปีที่แล้ว

      Learn and trade under a guide I do same and I hardly make losses in the market

    • @joykeating3635
      @joykeating3635 2 ปีที่แล้ว

      @@millerwoods1343 I don't usually do reviews but Earning three times of my monthly salary from miss Wilson is
      overwhelming

  • @EliasMontessedano
    @EliasMontessedano ปีที่แล้ว +666

    Nice video as always but here is my problem I have been making losses trying to make profit tradng. I thought tradng demo account is just like tradng the real market... can anyone help me out or at least advise me on what to do?

    • @sylvesterandris5410
      @sylvesterandris5410 ปีที่แล้ว

      Simple way-to make lot's of mo_ney in crypt0 is to trade with an expert

    • @richardbalint2582
      @richardbalint2582 ปีที่แล้ว

      @shanawazansire6927 I stumbled upon one of his clients testimonies and decided to try him out.. i'm expecting my third cashout in 2days

    • @nkotoboaz9168
      @nkotoboaz9168 ปีที่แล้ว

      @Teraji James That shouldn't bother you because someone has already dropped his contact info on above comment

    • @juliakate1892
      @juliakate1892 ปีที่แล้ว

      Good to see how you guys came up here to show keen appreciation to Henne Nate this how i got recommendation about Exprt Henne Nate, At first I was a bit scared

    • @josueamisi9845
      @josueamisi9845 ปีที่แล้ว

      I'm from CANADA, I and two other of my friends tried him immediately we testified, he's performing wonders. I know he can't see this right now but he is changing people's lives

  • @investingforeveryone3670
    @investingforeveryone3670 3 ปีที่แล้ว +2

    Thanks marko, every 20 year should learn about this.

  • @ThomasWilliam-sw8ms
    @ThomasWilliam-sw8ms 11 หลายเดือนก่อน +144

    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

    • @MaryPatricia-wr3wj
      @MaryPatricia-wr3wj 11 หลายเดือนก่อน

      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

    • @ThomasWilliam-sw8ms
      @ThomasWilliam-sw8ms 11 หลายเดือนก่อน

      @@MaryPatricia-wr3wj Having an investment adviser is the best way to go about the market right now, especially for near-retirees, I've been in touch with a coach for a while now mostly cause I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, I netted over $220K during this dip, that made it clear there's more to the market that we avg joes don't know

    • @MaryPatricia-wr3wj
      @MaryPatricia-wr3wj 11 หลายเดือนก่อน

      @@ThomasWilliam-sw8ms Please, how do I connect with your financial planner?

    • @ThomasWilliam-sw8ms
      @ThomasWilliam-sw8ms 11 หลายเดือนก่อน

      @@MaryPatricia-wr3wj credits to KRISTIN GAIL CUNNINGHAM, one of the best portfolio managers out there. she's well known, you should look her up

    • @MaryPatricia-wr3wj
      @MaryPatricia-wr3wj 11 หลายเดือนก่อน

      @@ThomasWilliam-sw8ms Thank you, I just checked her out and I have sent her an email. I hope she gets back to me soon.

  • @liraensenat5656
    @liraensenat5656 4 ปีที่แล้ว +6

    I am a web-designer in freelance and as i don't have any needs (because I live with my parents who pay for food housing etc) I decided to manage money like that: 50% for my expenses (aka wants like going out, buying new stuff etc), 20% savings for unexpected expenses (if something is broken) and 30% savings for known things (I'm saving now for a therapist and a new iPad). Hope this helps for someone like me)

  • @liambracey6708
    @liambracey6708 2 ปีที่แล้ว +7

    I plan to retire at the end of 2022 at 57 after 36 years in Telecom as a sales engineer. My wife will retire in October 2022 and she' s loving life! But walking away from a good income stream and building the nest egg to living from the nest egg is a scary proposition, scary to stop saving and start spending.

    • @mialangley2388
      @mialangley2388 2 ปีที่แล้ว +4

      God places great things on the other side of fear. My advice, don't wait till the end the year. I just attended a funeral of a guy that retired in December 2020 at the age of 62 -- Life is short. Live it on your terms. Take the time to learn about passive income via dividends & real estate, index funds, automating investments, budgeting, etc. you'll be very happy you did

    • @willlategan7558
      @willlategan7558 2 ปีที่แล้ว +1

      @@mialangley2388 I’m thinking of investing into stocks esp index funds .When you invest into index funds you're essentially investing into the economy as a whole. Because you're choosing to own a little piece of all the most successful companies in the country/world but how are we going to achieve all that given that the market has being a mess most of the year?

    • @aubreymcgovern9467
      @aubreymcgovern9467 2 ปีที่แล้ว +1

      @@willlategan7558 Having an invstment-adviser is the best way to go about the market right now, especially for newbies, I've been in touch with a coach for awhile now mostly cause I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, I netted over $220K during this dip, that made it clear there's more to the market that we average joes don't know. Credit to *Katherine Duffy Burke*

    • @taylorcoggan2054
      @taylorcoggan2054 2 ปีที่แล้ว

      @@aubreymcgovern9467 How can I contact this adviser of yours? I'm seeking for a more effective investment approach. . 2 months i went heavy on some stocks listed by charlie chang, it went up real fast like 30+% in a few weeks and right now , i'm down by 70% and it keeps drowning

    • @aubreymcgovern9467
      @aubreymcgovern9467 2 ปีที่แล้ว +1

      @@taylorcoggan2054 She's well renowned and has quite a following, so it shouldn't be a hassle to find her, just searchon her using her fullname

  • @nofucks_
    @nofucks_ ปีที่แล้ว +1

    Im 17 and this vud really assisted me to draft the 50 30 20 rule in my book. Made a world of a difference

  • @DJNutS3
    @DJNutS3 2 ปีที่แล้ว +4

    I save 75% of my salary and i've made it a strict priority

  • @jasperetale6916
    @jasperetale6916 3 ปีที่แล้ว +50

    Tithing 10 %of my income is a need for my spiritual well-being.

    • @yasmindavidson5171
      @yasmindavidson5171 3 ปีที่แล้ว +5

      Jasper Etale. We are under the new covenant. So tithing as in 10percent isn't applicable for today. Many pastors are still preaching this and its awful. If you want to give, give based on what you can afford and with a joyful heart. Not. What your pastor is telling you to do. The only person getting benefit from your tithe is your pastor

    • @bigwagon6727
      @bigwagon6727 3 ปีที่แล้ว +1

      @@yasmindavidson5171 not all. Thithing reprehends demons that only come out through thithing. The Pastor doesn’t need your money. This is to pay for your churchs bills, the missions, and any utility for the church. Obviously some Pastors steal but they will pay pay dearly for that.

  • @baskeplaye009
    @baskeplaye009 4 ปีที่แล้ว +8

    This is how mine goes:
    19% to business Im creating online
    19% into needs
    62% savings / debts

    • @user-jx3if1xn7g
      @user-jx3if1xn7g 4 ปีที่แล้ว

      Contact +1(706)6755424 on whatsapp Or via mail@ tommylee1242@gmail.com (he does not take upfront payment) if you need help Hacking your PayPal,
      To fix your credit card,
      To fix your credit score,
      Western Union hack,
      To hack into your cheating husband phone,
      Bank account,
      PayPal,
      Instagram verification,
      facebook and many more.. His fast and reliable............

  • @amansafeer2347
    @amansafeer2347 3 ปีที่แล้ว +2

    Thank you for this helpful video!

  • @anthonymagana6811
    @anthonymagana6811 3 ปีที่แล้ว +6

    I make about $900-$1200 every two weeks and go broke in about 6 days. This video better save me from my compulsive ways 😭

    • @brettlorenzo60
      @brettlorenzo60 3 ปีที่แล้ว +3

      Only you have the key 🔑 is best you decide

    • @aayushchawla8617
      @aayushchawla8617 3 ปีที่แล้ว +2

      Taking $1000 dollars as your avg income, You need to save about 200$ every week. To do that habitually you can contact your bank manager and ask him/her to open a recurring deposit(RD) account which would automatically deduct $200 every two weeks from your account and will put it in your RD a/c. The interest on a RD a/c is a grade higher than a normal savings account. I used to have the same problem but then these small decisions helped to reach my goals. Happy Financial freedom to you :)
      ps - Have a strict control over your temptations. Try avoiding the trap of impressing people with materials

  • @RyanContreras72
    @RyanContreras72 11 หลายเดือนก่อน +77

    Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.

    • @SandovalGerald
      @SandovalGerald 11 หลายเดือนก่อน

      Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.

    • @SophiaBint-wj8wn
      @SophiaBint-wj8wn 11 หลายเดือนก่อน

      I subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your adviser

    • @RyanContreras72
      @RyanContreras72 11 หลายเดือนก่อน

      Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $485k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.

    • @alicebenard5713
      @alicebenard5713 11 หลายเดือนก่อน

      I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?

    • @blessingpaul5484
      @blessingpaul5484 11 หลายเดือนก่อน

      Wow, that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.

  • @MindGritbyDrReyFremista
    @MindGritbyDrReyFremista 5 ปีที่แล้ว +243

    Whoever is reading this I hope you will have a successful and meaningful 2019!

    • @GenevaSevenfold
      @GenevaSevenfold 4 ปีที่แล้ว +9

      MindGrit by Dr. Rey Fremista how about a 2020?

    • @lecin143
      @lecin143 4 ปีที่แล้ว +10

      2020 for me, I'm watching this now. 😀

    • @southernclassik
      @southernclassik 4 ปีที่แล้ว +1

      I'm getting better.

    • @ryanw.975
      @ryanw.975 4 ปีที่แล้ว

      i am

    • @xXxSPADExXx0
      @xXxSPADExXx0 4 ปีที่แล้ว +1

      Fuck off

  • @5.7hemi79
    @5.7hemi79 3 ปีที่แล้ว +1

    I live with my parents and dont have any debt or expenses. Right now I'm spending around 5 percent of everything I earn and saving the other 95.

  • @Jamila552
    @Jamila552 2 ปีที่แล้ว +7

    Don't you think we are supposed to be taught all this in school? investment is part of a great idea though

    • @serser4380
      @serser4380 2 ปีที่แล้ว

      You must be right.i invested and earn $20.000 every 7 days.i risked it and made it this far

    • @aminatatsuta6697
      @aminatatsuta6697 2 ปีที่แล้ว

      Trading crypto would be wise but trading without a professional is way out of it.i tried and lost everything until I started trading with David Louis.

    • @grantcadone9099
      @grantcadone9099 2 ปีที่แล้ว

      I have heard a lot about investments with David Louis and how good he is, please how safe are the profits?

    • @Jamila552
      @Jamila552 2 ปีที่แล้ว

      This dude.Been seeing a lot of good comments about him on several places.i feel very much confident investing with him.his good work been just everywhere.

    • @grantcadone9099
      @grantcadone9099 2 ปีที่แล้ว

      Wow😮 It is really refreshing to see comments about David. i got a chance to benefit from their services a few months ago and it has been a very smooth experience it amazing how accurate their market analysis are,and how good and patient they are with beginners and newbies..

  • @robertgeorge238
    @robertgeorge238 3 ปีที่แล้ว +136

    Successful people don't become that way overnight. What most people see at a glance wealth, a great career, purpose is the result hard work and hustle over time. I pray that anyone who reads this will be successful in life

    • @stevesheldrack3739
      @stevesheldrack3739 3 ปีที่แล้ว

      You are right Sir

    • @stevesheldrack3739
      @stevesheldrack3739 3 ปีที่แล้ว

      Most people don't invest due to ignorance

    • @supportbillionairetrademar3907
      @supportbillionairetrademar3907 3 ปีที่แล้ว

      Speaking of Investing, forex trading is the best business in the world right now I know a couple of friends that make a lot money weekly trading with the financial markets

    • @supportbillionairetrademar3907
      @supportbillionairetrademar3907 3 ปีที่แล้ว

      People are scared of Investing because of high rate scammers on the market

    • @supportbillionairetrademar3907
      @supportbillionairetrademar3907 3 ปีที่แล้ว

      But of a truth there are scammers but real brokers are out there too waiting for investors

  • @a.citizen7668
    @a.citizen7668 5 ปีที่แล้ว +83

    Marko, thank you for being well-groomed in your video. It adds credibility to your message.

    • @WhiteBoardFinance
      @WhiteBoardFinance  5 ปีที่แล้ว +6

      Thank you lol

    • @rdarrett3635
      @rdarrett3635 3 ปีที่แล้ว +1

      I agree. The people in hoodies I bypassed when looking for a video. I came to him because of the “look” and stayed because of the message.

  • @thewolfoflondon8141
    @thewolfoflondon8141 3 ปีที่แล้ว +22

    “If you don’t budget your spending
    you’ll spend your budget”

  • @brainstormer2520
    @brainstormer2520 2 ปีที่แล้ว +4

    In my humble opinion, the most important step in personal finance is to read the book "Millionaire Next Door". It's a real eye opener.

  • @josephfrys6969
    @josephfrys6969 3 ปีที่แล้ว +4

    When you invest you're buying a day you don't have to work

  • @acornsucks2111
    @acornsucks2111 5 ปีที่แล้ว +9

    I had a spending problem when I was broke, once I learned how to make and save $, it has not been an issue.

  • @toughharley1903
    @toughharley1903 ปีที่แล้ว +2

    It seems basic but I'm very glad you made it cause I needed a reminder

  • @richardhans3793
    @richardhans3793 2 ปีที่แล้ว +7

    The philosophy of the rich and the poor is this:the rich invest their money and spend what is left. The poor spend their money and invest what is left.

    • @rodriguezsmith454
      @rodriguezsmith454 2 ปีที่แล้ว

      How many millionaires do you know who has become wealthy in investing in savings account?

    • @morieraramos971
      @morieraramos971 2 ปีที่แล้ว

      Its not how much money you keep,but how much money you make,how hard it works for you and how many generations you keep it for.

    • @alexissophia7443
      @alexissophia7443 2 ปีที่แล้ว

      Interestingly, most people don't understand that the market moves and tend to be mislead in facts like this and always depend on money in the bank.

    • @gloriazole8507
      @gloriazole8507 2 ปีที่แล้ว

      I understand the fact that tomorrow isn't promised to anyone,but investing today is a hard thing to do because I have no idea of how and where to invest in?

  • @alicedobrean4409
    @alicedobrean4409 3 ปีที่แล้ว +3

    Having an expert money manager has been a blessing to my finances.

    • @mariosergio1837
      @mariosergio1837 3 ปีที่แล้ว +1

      Oh yes!! they are lifesavers.

    • @alicedobrean4409
      @alicedobrean4409 3 ปีที่แล้ว

      @Sergio Jozzy Melissatradeservice

    • @alicedobrean4409
      @alicedobrean4409 3 ปีที่แล้ว

      Her success comes from years of trading experience coupled with meticulous market trend analysis

    • @khalidmujrabi5827
      @khalidmujrabi5827 3 ปีที่แล้ว

      Melissatradeservice is totally the right expert I have worked with and I am very grateful for her assistance.

  • @washingtonhenry6497
    @washingtonhenry6497 2 ปีที่แล้ว +115

    I HAVE INCURRED SO MUCH LOSSES TRADING ON MY OWN... TRADE WELL ON DEMO But I THINK THE REAL MARKET IS MANIPULATED... CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG ?

    • @kamilafabian3115
      @kamilafabian3115 2 ปีที่แล้ว

      Trading is actually profitable if you get the right expert to trade

    • @kamilafabian3115
      @kamilafabian3115 2 ปีที่แล้ว +1

      I don't advice newbies to invest on their own

    • @christianacruse3129
      @christianacruse3129 2 ปีที่แล้ว

      I will advice you should stop trading on your own if you keep losing and start trading with Jennifer Allen trading services

    • @jacksonfame2271
      @jacksonfame2271 2 ปีที่แล้ว

      @@christianacruse3129 Wow I'm just shock you
      mentioned and recommended Expert Jennifer Allen I thought I'm the only trading with her

    • @drmarkalexander4142
      @drmarkalexander4142 2 ปีที่แล้ว

      @@jacksonfame2271 You don't need to be shock because I'm also a huge beneficiary of expert Jennifer Allen

  • @jasminejoydicla7264
    @jasminejoydicla7264 2 ปีที่แล้ว +1

    I'm 17 and yeah 50% of what I make goes to needs... I give some to mom for groceries, some for wifi. The other 50% goes to wants. I get so little for my wants with everything being pricey nowadays.
    My mom tells me I need to save up but like, buying what I want with my own money makes me feel like I'm healing from not getting anything I wanted when I was younger. I hate that she's trying to tell me not to buy so much but I understand, I feel bad too but I just gotta

  • @stevenpaul4394
    @stevenpaul4394 2 ปีที่แล้ว +7

    Never knew cryptocurrencys could be so challenging! Kept running back to these TH-cam videos to learn more about this your video is indeed helpful

    • @andrewedward1127
      @andrewedward1127 2 ปีที่แล้ว

      Who else think this Crypto trade is kinda easy but is way to nervous to start.

    • @nancyjessica8703
      @nancyjessica8703 2 ปีที่แล้ว

      Trade has left me no choice but to keep investing because it makes so much profit for me.

    • @jerrygilbert3458
      @jerrygilbert3458 2 ปีที่แล้ว

      I have been trading offshore and still have my own profit which strategy do you use please

  • @aaronwade4011
    @aaronwade4011 4 ปีที่แล้ว +19

    50% savings, 35% bills, 15%spending is my monthly budget worked out to.

  • @willian8156
    @willian8156 2 ปีที่แล้ว +10

    What I do is invest into stocks and other financial assets online but stocks is most effective for good monthly thanks to my coach

    • @denise9242
      @denise9242 2 ปีที่แล้ว

      Stocks is a great investment and way to create multiple income sources from the proceeds, I have been in the market years now and I have made my fair share of wealth over and over

    • @willian8156
      @willian8156 2 ปีที่แล้ว

      @Bennel cross my coach name is Benjamin ravies so you can check him up

  • @migueldiwa5907
    @migueldiwa5907 ปีที่แล้ว +2

    i followed this guy’s advice for the past 2 years and now I own a ferrari fully paid. Thanks man!

  • @danstrayer111
    @danstrayer111 5 ปีที่แล้ว +7

    When one can stop wanting "things" it is a huge gain personally and financially. Most of the things people want are total trash or utter nonsense.... (big screen tv, a playstationxx, an RV, horses, Las Vegas, Disneyland, $800 iPhone, going out to eat every night. It's a no-return black hole, all of it.
    I am on the 30/70 plan: I live on 30%, invest 70%. It accumulates pretty fast that way.

    • @WhiteBoardFinance
      @WhiteBoardFinance  5 ปีที่แล้ว +2

      Agreed

    • @linksys7628
      @linksys7628 4 ปีที่แล้ว

      Dan Strayer i agree however my full time residence is an RV (work constraints/work travel brought me there). i love it!

  • @jefferiesuenukuterangihoka3749
    @jefferiesuenukuterangihoka3749 2 ปีที่แล้ว +23

    With what I’ve learned over two decades in the stock market, given enough time, solid investments have the potential to double the initial principal amount, but many investors are instead attracted to the lure of high yields in short periods of time despite the possibility of unattractive losses before even getting out. So the onus is on newbies to beware.

    • @Ferocious923
      @Ferocious923 2 ปีที่แล้ว +1

      How so? I’m interested but with close to no knowledge of how to go about it.

    • @jefferiesuenukuterangihoka3749
      @jefferiesuenukuterangihoka3749 2 ปีที่แล้ว +3

      @@Ferocious923 Stock investing, when done well, is among the most effective ways to build long term wealth. I work with a fiduciary Levi Clemans, a renowned fiduciary. His guidance has given me an edge in the market. Here, reach him

    • @jefferiesuenukuterangihoka3749
      @jefferiesuenukuterangihoka3749 2 ปีที่แล้ว +4

      Leviclemans,info
      on his webpage you can look him up online, and connect with him.

    • @Ferocious923
      @Ferocious923 2 ปีที่แล้ว

      @@jefferiesuenukuterangihoka3749 Did and I'm quite impressed with his portfolio. kicking off right away! Thanks and God bless.

    • @Rubyruby287
      @Rubyruby287 2 ปีที่แล้ว +3

      I tell people to enjoy a comfortable financial future, investing is absolutely essential. It’s not even to be debated lol. As the coronavirus pandemic demonstrated, a seemingly stable economy can be quickly turned on its head, leaving those who weren’t prepared for tough times scrambling for income.

  • @ulrichlchegounbalogoun5123
    @ulrichlchegounbalogoun5123 2 ปีที่แล้ว +12

    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 80k in stocks (with the help of my Financial Advisor of course) and made about 246k, but guess what? I put it all back and traded with her again and now I'm rounding up close to a million.

    • @drelliotn.kennedy988
      @drelliotn.kennedy988 2 ปีที่แล้ว

      @Victoria Arhth
      What is your advice for a new beginner like myself, I have been trying to practice using a demo accounts, but I am scared that I don't know enough to start trading all by myself. What to do next.

    • @marcuswalkerjr.2756
      @marcuswalkerjr.2756 2 ปีที่แล้ว

      You I'll have to reach out to her,. Her availability is on Whats@App 👇.... 👇

    • @marcuswalkerjr.2756
      @marcuswalkerjr.2756 2 ปีที่แล้ว

      ⬜⬜⬜, 👇
      🌑🌑🌑
      ┼①⑤③⓪③③①⓪⑨③①🌑🌑🌑

    • @drelliotn.kennedy988
      @drelliotn.kennedy988 2 ปีที่แล้ว

      @@marcuswalkerjr.2756
      Thanks a lot, 🙏🙏I'll definitely ensure to do that

    • @stephenadams8698
      @stephenadams8698 2 ปีที่แล้ว

      @Emi Pelham
      Wow that a really big congrats

  • @robertoparra9969
    @robertoparra9969 2 ปีที่แล้ว +2

    This is a good basic video, if there are any doubters out there i suggest tracking your spending after watching to notice where your money goes.

  • @justinjackson9478
    @justinjackson9478 3 ปีที่แล้ว +4

    Where is the “investment” area? Poor people save, wealth people invest.

  • @MrEOM41
    @MrEOM41 ปีที่แล้ว +3

    Great formula I plan on implementing to budget and save money better.