I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks will be appreciated.
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.
i'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
'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.
This is my fifth year after retirement. I’e been following the 4% rule thing I saw on a youTube channel, but this isn’t really how hard I expected things to be. After I cashed out a lump sum, I still have about $760k left, but at this rate, and with how the market is (we were putting money away in an index fund), I’m starting to get really worried.
Not a lot of people are able to save that much in a lifetime. But now you are retired and depend on your investment, it’s best you redistribute your capital. To simplify the process, you could allocate your resources with the help of a financial advisor.
I’m closing in on retirement, too, and I have benefitted so much from using a financial advisor. I didn’t start early, so I knew the compound interest of index fund investing would not work for me. Funny how I pulled in more profit than some of my peers who had been investing for many years.
I finally gotten to 1M on my portfolio. Looking back my balances totaled $135k 8yrs ago. I haven't done anything special except let it grow. My income has doubled so I'm contributing more but I think interest has done most of the growth
Currently, high interest rates are impacting 20+ year bonds, REITs, and Utilities, presenting a favorable opportunity for Dollar-Cost Averaging (DCA) or investing. i'm looking to invest around $250k. Your insights in a video on this subject would be greatly appreciated. Thank you
Dollar-Cost Averaging is wise, especially in volatile markets. Considering the market conditions you've mentioned, thorough research and consulting a financial advisor are vital to align investments with your goals and risk tolerance.
I used to feel overwhelmed by the vast array of investment options available, but my financial advisor changed everything. They simplified the process, offering clear recommendations and ongoing support. Thanks to their guidance, I've been able to build a diversified portfolio that's well-positioned to weather market fluctuations and achieve my financial aspirations.
Your advisor seems competent. Could you share how I can reach out to them? I've recently sold some property and am interested in investing in stocks, and I'm seeking guidance.
She goes by ‘Jennifer Leigh Hickman’.......I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for...
@Penelope-Valentina The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?
@@queenidowu13 Alice Marie Coraggio her trading strategies is working for me for more than a year now and I’m making good profit from the stock market and she's 100% honest, reputable and trustworthy
Hi, sounds great. I would also like to reach fire some day, but i don't know if I would be brave enough to actually quit my job. =) When do you expect to retire?
Thanks for increasing my knowledge this topic, I recently subscribed to your channel. I want to give a big shout-out to all those working tirelessly to earn a living and build wealth during this period. My wife and I are both retired as an engineer, we are debt-free, and we're living smart and frugal with our money. Despite the economy challenges, we're still earning passive income thanks to our savings and investments. Investing lifestyle has enabled us to earn a steady monthly income through passive means, and we're grateful for it.
Thank you very much for this wonderful video. To whoever is running this channel, I just want to say "keep going", you're inspiring someone and changing a life.
Right now more than ever you need to consistently invest in to solid index funds/ ETFs with low fees. Market is down but not all companies that are down are going to recover, but those ETFs will keep you much safer while investing in this bear market! This is how I made over 6 figures during the last bear market!
New sub here, loved the content. Good point raised that the rule of 72 doesn't factor in any tax - easily forgotten by most. Keep up the good work on YT!
The key to building wealth is to start while young. A Teenager’s Guide on how to Invest Like Warren Buffett and Charlie Munger is a great book for teens.
Rate cuts commence in June 2024, taking 6-8 months to complete. A potential crash, if any, might occur by March 2025. The soft landing narrative is gaining traction, making this big recession everyone is calling for less likely. With $1 million from a business sale, I'm seeking profitable investment opportunities for the next 3 years.
For anyone who wants to know "why 72?" the answer is 69 (point 3). If you have any amount and wish to double it at 1% per period of time, your amount will have doubled from your starting amount after 69.3 periods of doubling (natural log 2). The rule is 72 because though marginally less accurate it is easier to calculate in your head and approximates well.
i luv ur channel and i just subscribe but moreover, i just buy a laptop after hearing much about investment in stocks market but pls can you recommend a good platform in which i can start and a particular stock ?
Thanks Mike, the platform would depend on which country you are in. For a beginner I would recommend starting with an index fund following either your local market, or a global index. Once you learn more about the stock market you will better know which investment strategy that you prefer. =)
@@mikedaniel603 Yes, you can't use them because they are US based. Degiro or trading 212 can be alternatives to look at that I think should work in Italy (although I have not used them myself). Otherwise you probably have some local alternative. I would also investigate if Italy have any specific "trading account" form. Many countries have specific account where it is easier to trade stocks without generating capital gains taxes for every sale for example. I am sorry I can't give you more advice about the specific situation in Italy.
Interesting! Thanks for the clear demo! What software did you use to make the cute but clear cartoons? I guess you did not draw those figures by hand, did you?
I'm 38 and just got my head out of the sand ! This year . Only too late if you are dead . " the best time to start investing was yesterday .... the second best time to start is today ! . Yes I'm kicking myself for wasting valuable time but the future is still bright for me/ us , just have to work harder to " catch up " . Being proactive and starting savings for my young son and helping my humble circle of family and friends around me to head the advice. Good luck to you
@@craigerickson8712 so true! I'm about to be 30 on October and just became a life insurance broker so I've opened my eyes alot this year. I have been wasting precious time and opportunities to make money on my money! I never even considered life insurnace as I haven't actually lost a relative close to home to effect my pockets. And now I see how valuable it is and how we need to learn about investing etc to ensure we are financially growing every year we are given an opportunity to live! Now that I have a 2 yr old I'm thinking about all this alot more. 🥴 How have you been doing since you wrote this comment ?
But how does your interest starts to grow on your other interest? do i need to sell my stock or does it go automaticly? The only thing i get is that i may never take the winning interest out of the portfolio. But how does the interest grow on interest if i never claim the interest by selling the stock?
To answer your question, compounding interest is automatic (Reinvesting dividends helps even more). For example, if you invest $100 in a stock and your goal is to double your money to $200. If the stocks goes up 10% per year it will take you less than 10 years to double your money. It’ll take 7.2 years because of compounding. I get your question because it’s a bit confusing at first. We label things as yearly returns, or another time horizon to help us make sense of it, but in reality stocks are continuously compounding.
@@parksyist compound interest mate, I’m a fast learner and I have no idea why before 34 I didn’t take finances seriously. Decent paying dividend stocks are a good choice and reinvest the dividend pay outs back into the company/s of your choice (legal & general, Phoenix group holdings plc etc…) Obviously you need diversity but not too diluted. Maybe a decent few companies that could see significant growth in sectors like cyber security (darktrace). I prefer slow and steady growth and reinvest the profits
Thanks for the support. I am getting some great insights from your channel. I especially liked the how you compare the telecom company (?) with the banks value. Really puts things into perspective.
Is linkedin the secret to your channel growth? I am just blinking and there you have another 10 subscribers. I am really temped to try out your strategy if I can figure out how to copy it. =)
Yes, definitely. As long as you are investing in something that receives any form of return,. It does not need to be interest, but can be capital gains or dividends (reinvested) for stocks for example. =)
Man it sucks that no one realizes that you dont actually earn interest on investments. Ita unrealized gains meaning they dont actually materialize until you cash them out. This is stocks mind you. And they dont compound unless you have dividends. Gains on a stock dont magically buy you more stock. Im so sick of everyone talking about compound interest and loop stocks into the conversation. Oh and by the way usually when you do the math dividends, on average, only end up being a couple percent.
It depends. If you have money in a savings account the bank pays interest, maybe either once a year or every month (could be other time intervals as well) . If you are investing in stocks or funds the interest is the same as the return.
Im actually so pissed because i watched multiple videos for about 5/6 months on how it works and never understood it… but then she make me understand in 3:17 seconds without even trying… i really was over complicating things 😖 🤦♂️ 😔
I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks will be appreciated.
Palantir, ARM and Nvidia are all still good buy, but what do I know I’m not a financial advisor lol
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.
i'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
'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.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
This is my fifth year after retirement. I’e been following the 4% rule thing I saw on a youTube channel, but this isn’t really how hard I expected things to be. After I cashed out a lump sum, I still have about $760k left, but at this rate, and with how the market is (we were putting money away in an index fund), I’m starting to get really worried.
Not a lot of people are able to save that much in a lifetime. But now you are retired and depend on your investment, it’s best you redistribute your capital. To simplify the process, you could allocate your resources with the help of a financial advisor.
I’m closing in on retirement, too, and I have benefitted so much from using a financial advisor. I didn’t start early, so I knew the compound interest of index fund investing would not work for me. Funny how I pulled in more profit than some of my peers who had been investing for many years.
I really need help, please. Can I ask who the financial advisor you work with is?
Credits to 'Carol Vivian Constable' she has a web presence, so you can simply
She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.
I finally gotten to 1M on my portfolio. Looking back my balances totaled $135k 8yrs ago. I haven't done anything special except let it grow. My income has doubled so I'm contributing more but I think interest has done most of the growth
Check out Alliance 33 to 43% rollover bonus, something crazy like that
Everyday millionaire
Currently, high interest rates are impacting 20+ year bonds, REITs, and Utilities, presenting a favorable opportunity for Dollar-Cost Averaging (DCA) or investing. i'm looking to invest around $250k. Your insights in a video on this subject would be greatly appreciated. Thank you
Dollar-Cost Averaging is wise, especially in volatile markets. Considering the market conditions you've mentioned, thorough research and consulting a financial advisor are vital to align investments with your goals and risk tolerance.
I used to feel overwhelmed by the vast array of investment options available, but my financial advisor changed everything. They simplified the process, offering clear recommendations and ongoing support. Thanks to their guidance, I've been able to build a diversified portfolio that's well-positioned to weather market fluctuations and achieve my financial aspirations.
Your advisor seems competent. Could you share how I can reach out to them? I've recently sold some property and am interested in investing in stocks, and I'm seeking guidance.
She goes by ‘Jennifer Leigh Hickman’.......I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for...
@Penelope-Valentina That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well
@Penelope-Valentina The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?
@Penelope-Valentina I will give this a look, thanks a bunch for sharing.
@@queenidowu13 Alice Marie Coraggio her trading strategies is working for me for more than a year now and I’m making good profit from the stock market and she's 100% honest, reputable and trustworthy
So cheesy
Hello from Turkey. I am investor for financial independence and retire early. I wish everybody achieve their goals.
Hi, sounds great. I would also like to reach fire some day, but i don't know if I would be brave enough to actually quit my job. =) When do you expect to retire?
I'm in Turkey too, could you please tell me where to invest in real estate or stock market with compound interest?
Thank you, best wishes for you as well. :) Scott, Norway.
Can we connect?
Amen 🙏 🙏 🙏 🙏 Allah bless
Thanks for increasing my knowledge this topic, I recently subscribed to your channel. I want to give a big shout-out to all those working tirelessly to earn a living and build wealth during this period. My wife and I are both retired as an engineer, we are debt-free, and we're living smart and frugal with our money. Despite the economy challenges, we're still earning passive income thanks to our savings and investments. Investing lifestyle has enabled us to earn a steady monthly income through passive means, and we're grateful for it.
Great work! =)
Thank you very much for this wonderful video. To whoever is running this channel, I just want to say "keep going", you're inspiring someone and changing a life.
Absolutely love this style of videos!! Compound interest is something so many more people need to understand, great video girl :)
Thanks. Yes, it is really the basics for understanding why invested money grows.
Right now more than ever you need to consistently invest in to solid index funds/ ETFs with low fees. Market is down but not all companies that are down are going to recover, but those ETFs will keep you much safer while investing in this bear market! This is how I made over 6 figures during the last bear market!
Well said!
Taking advantage of compound interest is very important, even more so for the younger generation... great video
Thanks.
New sub here, loved the content. Good point raised that the rule of 72 doesn't factor in any tax - easily forgotten by most. Keep up the good work on YT!
Thanks I really appreciate it. =)
hey! 👋🏻 saw your comment on Cathrin Mannings video and decided to stop by! Awesome content! Keep crushing it ❤️!
Thanks a lot! =) Looks like you have some great content too. Wish you a great TH-cam year. ❤🚀
This is a great video! Compound interest are 2 of my favorite words! Just subscribed!
Thanks Aaron. I am really happy for your subscription. Compound interest is the best. 💰🚀
Thanks alot for making this! I really needed it.
Glad it was helpful!
Very well explained and illustrated. Nice job, so as Cindy! :) Liked. Like #6.
Thanks, much appreciated. =)
Compound interest is growing my money whilst I watch TH-cam videos! Whoo hoo!
Awesome. Then you are using it correctly. =)
Invest the investment thats it thats all. Let it grow
thanks alot i was not under standing it but now i understand
😚😚😘🤫🤫🤫🤫🤫😚💌
Great. =)
Where do i invest? And how.
Great video. I love compound interest. This is really well explained. I have just subscribed. Good luck with your channel.
Thank you Angela.
The key to building wealth is to start while young. A Teenager’s Guide on how to Invest Like Warren Buffett and Charlie Munger is a great book for teens.
Thank you for sharing! This is such important information for investing, great advice!
Glad you find it helpful! 💜
Rate cuts commence in June 2024, taking 6-8 months to complete. A potential crash, if any, might occur by March 2025. The soft landing narrative is gaining traction, making this big recession everyone is calling for less likely. With $1 million from a business sale, I'm seeking profitable investment opportunities for the next 3 years.
For anyone who wants to know "why 72?" the answer is 69 (point 3).
If you have any amount and wish to double it at 1% per period of time, your amount will have doubled from your starting amount after 69.3 periods of doubling (natural log 2).
The rule is 72 because though marginally less accurate it is easier to calculate in your head and approximates well.
Wow great video !
Some one told me about this and I'm definitely gonna take advantage
Good. =)
Great video, very informative. I’m investing in cryptocurrency, where compounding happens quickly.
Thanks. Best of luck with your investments. =)
@@MoneywithPennies Thank you so much!! God luck with your work. I can’t wait to discover your content.
@@leonardisaac8848 Thanks. Hope I won't disappoint you. =)
Are you taking advantage of compound interest today or do you want to start investing?
i luv ur channel and i just subscribe but moreover, i just buy a laptop after hearing much about investment in stocks market but pls can you recommend a good platform in which i can start and a particular stock ?
Thanks Mike, the platform would depend on which country you are in. For a beginner I would recommend starting with an index fund following either your local market, or a global index. Once you learn more about the stock market you will better know which investment strategy that you prefer. =)
@@MoneywithPennies i'm in italy . do you mean i can't use webull or rubinhood?
@@mikedaniel603 Yes, you can't use them because they are US based. Degiro or trading 212 can be alternatives to look at that I think should work in Italy (although I have not used them myself). Otherwise you probably have some local alternative. I would also investigate if Italy have any specific "trading account" form. Many countries have specific account where it is easier to trade stocks without generating capital gains taxes for every sale for example. I am sorry I can't give you more advice about the specific situation in Italy.
I was stuck and watched almost all TH-cam vedios on ci but this one helped
Happy to hear it could be helpful to you. =)
Great video! Thank you for sharing, you’ve got a new subscriber in me 🙂
Thank you so much for your kind words. I hoe you will enjoy my future videos as well. =)
Interesting! Thanks for the clear demo! What software did you use to make the cute but clear cartoons? I guess you did not draw those figures by hand, did you?
I did not draw them =) I used videoscribe. I can highly recommend it if you want to try something similar. =)
Also learn about compounded inflation
Good point. =)
Is compound interest get only from second year? Or can we compound interest if deposit only one year?
12 month cycle , Jan to Dec
This is really amazing. If I may ask, in which program you edit your videos . I like it a lot 👌
Thank you so much. 💜 I use videoscribe. I can really recommend it. It is really easy to use imo. Which are you using to write the maths?
@@MoneywithPennies I'm using Adobe premiere pro , word and Photoshop 😊
What’s a bank you gonna recommend for investing in compound interest
Hard for me to make recommendations. I don't even know where you are.
I invested in index funds last 2021, and It didn't earn any interest, and didn't even compound.
I just turned 30! Im a bit late but its better late than never!!
You have a lot of time still. =)
I'm 38 and just got my head out of the sand ! This year . Only too late if you are dead . " the best time to start investing was yesterday .... the second best time to start is today ! . Yes I'm kicking myself for wasting valuable time but the future is still bright for me/ us , just have to work harder to " catch up " . Being proactive and starting savings for my young son and helping my humble circle of family and friends around me to head the advice.
Good luck to you
@@craigerickson8712 so true! I'm about to be 30 on October and just became a life insurance broker so I've opened my eyes alot this year.
I have been wasting precious time and opportunities to make money on my money! I never even considered life insurnace as I haven't actually lost a relative close to home to effect my pockets. And now I see how valuable it is and how we need to learn about investing etc to ensure we are financially growing every year we are given an opportunity to live! Now that I have a 2 yr old I'm thinking about all this alot more. 🥴
How have you been doing since you wrote this comment ?
Great video. 👍
Thanks. =)
Wow interesting
How can l invest
Hi, how to do that where i can start to invest?
Since I don't know where you are it is challenging for me to give you directions.
But how does your interest starts to grow on your other interest? do i need to sell my stock or does it go automaticly?
The only thing i get is that i may never take the winning interest out of the portfolio.
But how does the interest grow on interest if i never claim the interest by selling the stock?
Re invest ur dividend payout.
To answer your question, compounding interest is automatic (Reinvesting dividends helps even more). For example, if you invest $100 in a stock and your goal is to double your money to $200. If the stocks goes up 10% per year it will take you less than 10 years to double your money. It’ll take 7.2 years because of compounding. I get your question because it’s a bit confusing at first. We label things as yearly returns, or another time horizon to help us make sense of it, but in reality stocks are continuously compounding.
Kevin would get interest on $1100 in year 2 not $1000 each year. There was no mention of him taking out the $100
Assuming your asset appreciated
Sure did.
Where to invest for compound interest
Anywhere where you get an interest or return and can reinvest this.
Beautiful! Are you the Artist too?
The artist? Do you mean making the drawings? It is just software. =/
Which company can invest
Many companies can invest, but I would recommend that you learn to do it yourself.
Even I wish I had learnt this earlier.
Yes, me too-. =)
Which investment gets 10% a year?
The stock market in average.
Please tell me Compound Interest Investments ?
It works for everything where you get an interest or a return. E.g., bank accout with interest, bonds, stocks, crypto etc. =)
Compounding is so important! Like Einstein said, its the 8th wonder of the world 👍
Totally agree, everyone should learn this early in life.
Wish I knew this fifteen years ago I'm 34 now
You are still young Craig. Time is on your side. =)
Started my investing journey two years ago :)
I started at 34 too 😊it’s going well, hope yours is. You can be a millionaire by 50 easy mate
@@G-host0069 wanna share some advice and tips:)
@@parksyist compound interest mate, I’m a fast learner and I have no idea why before 34 I didn’t take finances seriously.
Decent paying dividend stocks are a good choice and reinvest the dividend pay outs back into the company/s of your choice (legal & general, Phoenix group holdings plc etc…)
Obviously you need diversity but not too diluted. Maybe a decent few companies that could see significant growth in sectors like cyber security (darktrace).
I prefer slow and steady growth and reinvest the profits
Liked and watched in real time end to end! Joe!
Thanks for the support. I am getting some great insights from your channel. I especially liked the how you compare the telecom company (?) with the banks value. Really puts things into perspective.
Money with Penny Thanks for being a #powertuber hahahahaha You are awesome!
I have watched all yours in real time
Awesome
Still have a couple of your videos left to watch but then you better hurry to make some new ones so I don’t run out of content. :)
Is linkedin the secret to your channel growth? I am just blinking and there you have another 10 subscribers. I am really temped to try out your strategy if I can figure out how to copy it. =)
Money with Penny Hahahahaha yup!
I am currently averaging about 50 subs per day
But I am also sending out lots of messages on LinkedIn
can someone invest on compound interest if she/he is not in US?
Yes, definitely. As long as you are investing in something that receives any form of return,. It does not need to be interest, but can be capital gains or dividends (reinvested) for stocks for example. =)
Where is someone getting a 10% annual interest??
That is approximately what the stock market on average has produced. This might of course change now when interest rates are substantially higher.
This is why I never treat myself to coffee or take aways 😂
Not even once in a while? 😀
@@MoneywithPennies no coffee lol maybe 2x week not everyday ha
@@chriswalls5831 You have to treat yourself once in a while. =)
I need to make money
Don't we all.
Great video! Impressed.
Thank you James. =)
Man it sucks that no one realizes that you dont actually earn interest on investments. Ita unrealized gains meaning they dont actually materialize until you cash them out. This is stocks mind you. And they dont compound unless you have dividends. Gains on a stock dont magically buy you more stock. Im so sick of everyone talking about compound interest and loop stocks into the conversation. Oh and by the way usually when you do the math dividends, on average, only end up being a couple percent.
but how
Invest in something that gives you a return on your investment
who pays the interest to my account and when?
It depends. If you have money in a savings account the bank pays interest, maybe either once a year or every month (could be other time intervals as well) .
If you are investing in stocks or funds the interest is the same as the return.
@@MoneywithPennies thx you
How did she get the extra money.
Who?
who gives 10 percent interest
The stock market can give you this.
Most Reits, BDC'S and CEF'S pay at least 10% interest and possibly even higher.
i undersrand simple interest but compound interest still kinda confusing
Sorry to hear that. Any specific questions that I can try to answer for you?
Link
Right, =) took me a while to remember.
"I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful." - Warren Buffett
Are you following this yourself? =)
Im actually so pissed because i watched multiple videos for about 5/6 months on how it works and never understood it… but then she make me understand in 3:17 seconds without even trying… i really was over complicating things 😖 🤦♂️ 😔
O wow. This is the nicest thing I have heard anyone say about my videos. =)
You lost me at the end with the fees
I am sorry to hear that. I mean that the fees work sort of like compound interest but the opposite way.
Always the women who make the smart investment choice. Never the men.
Sorry, next time it is a man I promise. =)
Yeah except good luck getting 10% a year let alone every year what a joke😂
It's about what the stock market on average has given.
@@MoneywithPennies doesn’t mean people are making that. Everyone I talk to takes losses on the stock market
@@MoneywithPennies only ones that win are the big guys