Hey all! This was an experimental video where I wanted to bring a popular format I saw on TH-cam (trying Fiverr) to finance TH-cam / analysis, I hope you enjoy. If it’s this is a type of video you’re NOT into - let me know why in the comments. And vice versa, if you enjoyed it - please let me know by dropping a comment lol. Next two weeks’ videos after this are both very heavy Personal Finance focused! So if thats more your speed we'll be back to it next week.
With adviser #3 He’s advising that if crypto grows beyond 10% of your portfolio, you should sell the excess to keep it at or below that level, ensuring balanced risk management.
Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
I'm overall outperforming a lot of assets by holding Bitcoin and a few other top crypto altcoins. When my percentage goes down it goes down about double that of the s&p100/500 but when it goes up it goes up like 5 times the S&P rate.
The only issue you might have is the fear of missing out, just like everyone else. A good number of people discredit the effectiveness of financial advisors in exploring new markets, but over the past 5years I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains… might not be a lot but i'm financially secure.
‘Jessica Lee Horst’ 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.
Funny enough, chat GPT has as good or better financial advice as a lot of financial advisors because it doesn’t have a conflict of interest like a lot of them do if they’re trying to direct you to some product they’re associated with.
The most popular investment portfolio strategies include diversification, where you spread investments across different asset classes to manage risk. Another is the growth strategy, focused on capital appreciation through high-risk, high-reward assets. Income-oriented strategies target regular income from dividend stocks or bonds. Finally, there's the value strategy, seeking undervalued assets for potential long-term gains.
According to Warren Buffett, dividends are less valuable for growing businesses and more suitable for established ones. Investing in companies that offer dividends might be seen as parking capital for steady returns, especially for those relying on portfolio income. This approach resembles bond investing, serving as a means of generating consistent earnings.
If you lack market knowledge, your best bet is to seek advice or support from a consultant or investing coach. Contacting a consultant may sound simple, but it's how I've managed to stay afloat in the market and increase my portfolio to roughly 65% since January. It is, in my opinion, the best way to get started in the industry right now.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Rebecca Nassar Dunne” and her performance has been consistently impressive. She’s quite known in her field, look-her up.
You might try the books "The Simple Path to Wealth" and "I Will Teach You To Be Rich" first. Then, perhaps, hire an hourly/project based fiduciary advisor to make a plan- expect to pay $2k-$5k
You might try the books "The simple path to wealth" and "I will teach you to be rich" first. Then, perhaps, hire a fiduciary hourly or project based advisor- plan to spend $2k-$5k.
I agree, that's the more reason I prefer my day to day invt decisions being guided by a invt-coach, 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 a invt-coach for over 2years+ and I've netted over 1.5million
We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.
Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst.
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.
I scared the cats when that last advisor assumed a 6% raise every year and I laughed myself out my chair. My Fortune 500 company goes years without giving anyone raises of any kind - cost of living, merit or otherwise.
I think that’s a tough pill to swallow for a whole career, but no raises for years is also pretty dumb. In accounting a 6% year over year raise is definitely not unheard of. My last 3 have been 14%, 37%, and 8% all without changing companies. From 60k->101k
Minimum cost of living raise Ive seen is 3%. Assuming you get promoted every 3 to 5 years early on, seems reasonable to assume 6% in raises through a 30 year career
@@fgarrido1741 Agreed. Our average since starting our careers is 8.9%. That's with staying with same companies for approx 12 years. Obviously front loaded and expectation is the longer you stay at the highest role, less each raise will be. So expecting not to see much more than 3% raise per year for the rest of career since we are both seniors in our fields now.
Another vlog I follow mentioned something very similar to this and I love that you shared it. In a way it's a great review of Fiverr but also a cautionary tale of you don't aways get what you pay for and sometimes you do.
This a great advertisement for fiver because I would not have thought to use them for something like this and now I'm contemplating looking there to get an idea if I'm working in the right direction. Love the content, thanks!
The first advisors assumption, that you would live to 80 is not too far off from the US average of 76 for men, but then again well educated people (such as a person who would ask such questions) live longer than most. So: "80 years" is not an unreasonable answer.
The stat is sort of misleading too. That's the average lifespan of every human, including those who die in infancy or otherwise young for unsual reasons. The average life expectancy for individuals already into puberty is significantly higher.
My problem with financial advisors is that they have always assumed I'd know the answers to the questions about my future, like my future spending or when I want to retire. These things are unknown because we don't know what we'll desire or how life will change in the future. I even asked one "does anyone actually feel they know the answers to these questions?" My goal is to make as much as possible until I feel I have enough to retire: simple. I just want someone to run some numbers and give example scenarios. I don't know how many vacations I want to go on when I retire or if I want to move.
Such a cool idea! I like that you threw in some leveraged ETFs, which I am a fan if you know the risks and properly manage them, and #3 correctly assessed that they are not in line with your stated risk tolerance. I also like that they pointed out your fund overlap problem. Finally, I was surprised and impressed that they did not suggest an over-diversified portfolio, one of my pet peeves.
Hey Humphrey, great video you made here! I was wondering if you could talk a little bit about one of the type of ETF’s you included in your portfolio, leveraged ETF’s. I’d be really interested in hearing your thoughts on holding leveraged ETF’s (such as SQQQ and UPRO) both short term and long term!
Since that you engaged these people and paid them to do a requested job for you, and did not reveal their business or personal identities I thought this was balanced, respectful and ethically fair. I also think that this comparison provides those seeking this kind of advice with a framework to start from.
I'm new to BTC/Crypto investment and I've been making losses trying to make profit myself in trading.. I thought trading demo account is just like trading trading the real market... Can anyone help me out or at least advise me on what to do?
Without a doubt!MRS Telisha Grover is a trader who goes above and beyond. she has an exceptional skill for analyzing market movements and spotting profitable opportunities. her strategies are meticulously crafted based on thorough research and years of practical experience.
I think that third advisor was straight on for value and the perfect level of advice for the scenario you concocted. The next level up of say $1000+ I’d want to start to see advice and structuring wealth with trusts and the like. But that is wholly unneeded for the complexity of the situation you provided to them. The lower level reviews I think you were asking too much for the price, all I’d want to see out of them for the value was pointing out the red flags.
The average social security check is $1827 a month. The worst part is 22% of Americans have less than $5k saved for retirement. Start investing now! Nobody is coming to save you
I’ve been diligently working, saving and contributing towards early retirement and financial freedom, but since covid outbreak, the economy so far has caused my portfolio to underperform, do I keep contributing to my 401k or look at alternative sectors to meet my goals?
I’ve been diligently working, saving and contributing towards early retirement and financial freedom, but since covid outbreak, the economy so far has caused my portfolio to underperform, do I keep contributing to my 401k or look at alternative sectors to meet my goals?
I'm in line with having an advisor oversee my day-to-day investing cos, my job doesn't permit me the time to analyze stocks myself. Thankfully, my portfolio has just 5X in barely 5 years, summing up nearly $1m after subsequent investments to date.
bravo! I appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Stacy Lynn Staples has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.
I sent my info and got the $285 service, which totaled out to $300. I didn't ask for the 1-3 page document, but I did give him an Excel document with my goals and some questions. I'm 40, and I have never sat with a financial advisor which is probably not smart on my end, but again, thanks for the video. It inspired me to get some advice.
My portfolio doesn’t just cater to dividend stocks. I hold $VFIAX (S&P 500 index fund) in my Roth IRA and $VTI (Total Stock Market ETF) in my taxable brokerage account. Two of my largest holdings. The individual dividend stock positions all complement the index holdings.
Investing Is more than reading quarterly reports. Learnt this from reading Peter Lynch's book. I believe there are people who do this for a living, and I just delegate the task to these professionals. That's how I make money from the market to be honest.
Not to blow her trumpet, but “Stacy Lynn Staples” is exceptional in navigating tough markets. She has been planner ever since we met in London global economy conference. she's verifiable , so you could just search her and book an appointment. good luck!
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Brooke Grace Miller.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
It's wild to think about the implications this financial advice could have on your entire life (embellished life) after just a few hours of theorizing.
That was very interesting. I am actually looking for a fee only financial advisor who can do retirement planning in addition to investments. I would appreciate a video on how to go about it. What questions to ask, what questions the advisor should ask. Etc.
Yeah, seems hard. Everyone out there that is accessible is a salesmen or is more of an ongoing relationship based on %AUM. How do you find a $500 for an annual review type provider that is worth the money.
Meh. I'm not convinced it's really worth it to reduce your risk profile if you actually pay attention to the market. If stuff is hitting the fan you can shift your investments and avoid major downturns. If you can make 20-30% returns over a few good years you've basically doubled your money and even if you lose 20-30% one year it doesn't matter. The upside outweighs the downside risk in my opinion. I understand the advice for most people though who have no idea what is going on.
Number 2 is literally written in chat gpt style oof. No offense but the person in charge should at least personify the dry raw respond chat gpt gave them
Wow, great idea. First guy was actually super high quality for the price. Sure, the gold and silver ETFs and stock recommendations were… questionable, but everything else was solid. Second one was a joke. She deserves a one star review. There was zero personalized info at all. It actually kinda pissed me off. Third guy was incredible, as expected for the price.
This was a great video. I would like to try this because a RIA would charge me a whole lot more because of the size of my assets. I think getting a RIA for $285 is extremely inexpensive, especially with the amount of work he did, and due to his recommendations.
It’s important to look for credentials like a CFA. For example, someone like Aaron Morgan Bell. CFAs have rigorous training and adhere to high ethical standards.
Hi, what’s the best way to start looking into index funds? More of the sorts of funds that were involved in the first advisor like vanguard and the others??
Pathetic for a supposed financial advisor to not point out to someone with a “moderate” risk tolerance that those triple leveraged etfs (and doge) are all very high risk.
As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?.
![⭐️( ลอยกระทง 2024 ) Ver. แดนซ์ Remix BY [ ดีเจกิต รีมิกซ์ ]](http://i.ytimg.com/vi/rMWOLhgXUHc/mqdefault.jpg)
Hey all! This was an experimental video where I wanted to bring a popular format I saw on TH-cam (trying Fiverr) to finance TH-cam / analysis, I hope you enjoy. If it’s this is a type of video you’re NOT into - let me know why in the comments. And vice versa, if you enjoyed it - please let me know by dropping a comment lol. Next two weeks’ videos after this are both very heavy Personal Finance focused! So if thats more your speed we'll be back to it next week.
With adviser #3 He’s advising that if crypto grows beyond 10% of your portfolio, you should sell the excess to keep it at or below that level, ensuring balanced risk management.
m a bc a c aa W was a/
Funny how investment advisor advises market timing via dollar cost averaging.
We like it, honestly was very interesting thank you for the video 👍
How about trying the same thing with Boglelheads personal finance forum
Advisor 2 - you've paid 40$ to get a Google search result 😆
🤣😂🤣
100% lol!
Easy money 😆
Pure chatbot bot making someone money.
I just pick one of the questions you did to advisor 2, and tipe it on chatgpt. What a surprise... I got exactly the same answer.
Second advisor is complete ChatGPT 😂
Yep lol
You should throw your questions into ChatGPT with the info you gave to them and see what it tells you lmao
No frl though AI is a wonderful underutilized tool in 2024!
@@FinancesOnBitcoinsure buddy. Bitcoin in name lol
Yep, should've asked Chatgpt the same question and compared. ChatGPT could be the 4th advisor. Ah, missed opportunity.
Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
I'm overall outperforming a lot of assets by holding Bitcoin and a few other top crypto altcoins. When my percentage goes down it goes down about double that of the s&p100/500 but when it goes up it goes up like 5 times the S&P rate.
The only issue you might have is the fear of missing out, just like everyone else. A good number of people discredit the effectiveness of financial advisors in exploring new markets, but over the past 5years I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains… might not be a lot but i'm financially secure.
‘Jessica Lee Horst’ is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip
Bot
The second advisor was entirely chat gpt, the way it's formatted and written give it up.
Funny enough, chat GPT has as good or better financial advice as a lot of financial advisors because it doesn’t have a conflict of interest like a lot of them do if they’re trying to direct you to some product they’re associated with.
even chatgpt gives a better advice
The most popular investment portfolio strategies include diversification, where you spread investments across different asset classes to manage risk. Another is the growth strategy, focused on capital appreciation through high-risk, high-reward assets. Income-oriented strategies target regular income from dividend stocks or bonds. Finally, there's the value strategy, seeking undervalued assets for potential long-term gains.
According to Warren Buffett, dividends are less valuable for growing businesses and more suitable for established ones. Investing in companies that offer dividends might be seen as parking capital for steady returns, especially for those relying on portfolio income. This approach resembles bond investing, serving as a means of generating consistent earnings.
If you lack market knowledge, your best bet is to seek advice or support from a consultant or investing coach. Contacting a consultant may sound simple, but it's how I've managed to stay afloat in the market and increase my portfolio to roughly 65% since January. It is, in my opinion, the best way to get started in the industry right now.
Mind if I ask you to recommend this particular coach you using their service?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Rebecca Nassar Dunne” and her performance has been consistently impressive. She’s quite known in her field, look-her up.
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.
This was a fantastic idea for a video. Keep up the great content Humphrey.
Glad you enjoyed it!
Second one made me angry. $40 and a scam.
Can I try this? I need a financial advisor to review my portfolio.
You might try the books "The Simple Path to Wealth" and "I Will Teach You To Be Rich" first. Then, perhaps, hire an hourly/project based fiduciary advisor to make a plan- expect to pay $2k-$5k
You might try the books "The simple path to wealth" and "I will teach you to be rich" first. Then, perhaps, hire a fiduciary hourly or project based advisor- plan to spend $2k-$5k.
I agree, that's the more reason I prefer my day to day invt decisions being guided by a invt-coach, 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 a invt-coach for over 2years+ and I've netted over 1.5million
No wonder the demand for investment advisors has shot up since the pandemic.
@@Nicholas.Durante That's impressive! Would you be willing to share any tips or advice from your advisor?
We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.
Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst.
Could you possibly recommend a CFA you've consulted with?
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.
That "nice cover page" is a MS Word Template 😂
I scared the cats when that last advisor assumed a 6% raise every year and I laughed myself out my chair. My Fortune 500 company goes years without giving anyone raises of any kind - cost of living, merit or otherwise.
I think that’s a tough pill to swallow for a whole career, but no raises for years is also pretty dumb. In accounting a 6% year over year raise is definitely not unheard of. My last 3 have been 14%, 37%, and 8% all without changing companies. From 60k->101k
Minimum cost of living raise Ive seen is 3%. Assuming you get promoted every 3 to 5 years early on, seems reasonable to assume 6% in raises through a 30 year career
@@fgarrido1741 Agreed. Our average since starting our careers is 8.9%. That's with staying with same companies for approx 12 years. Obviously front loaded and expectation is the longer you stay at the highest role, less each raise will be. So expecting not to see much more than 3% raise per year for the rest of career since we are both seniors in our fields now.
This is such an awesome video idea Humphrey! Haven't even watched it yet and I know it will be great
You're the best!
Please more videos like this! It can really show other advisors prospective in seeing the same numbers.
Very good video idea you should definitely do a part 2!
Another vlog I follow mentioned something very similar to this and I love that you shared it. In a way it's a great review of Fiverr but also a cautionary tale of you don't aways get what you pay for and sometimes you do.
This a great advertisement for fiver because I would not have thought to use them for something like this and now I'm contemplating looking there to get an idea if I'm working in the right direction. Love the content, thanks!
I like this kind of video. Very informative!
First thank you so much for your videos they helped me get out of debt and have 10k invested within 2 years
Lets go!!
Respect for anonymizing the names and pictures of the advisors
You are quite literally changing my life with these videos, thank you
Sick idea!! Please keep it up!!
This was a nice video style to add variety to the channel man. Very entertaining for sure.
The first advisors assumption, that you would live to 80 is not too far off from the US average of 76 for men, but then again well educated people (such as a person who would ask such questions) live longer than most. So: "80 years" is not an unreasonable answer.
The stat is sort of misleading too. That's the average lifespan of every human, including those who die in infancy or otherwise young for unsual reasons. The average life expectancy for individuals already into puberty is significantly higher.
@@xaldath4265 Not significantly higher. For a 30 year old male life expectancy is actually 80 yo (compared to 78yo that its for infant males)
My problem with financial advisors is that they have always assumed I'd know the answers to the questions about my future, like my future spending or when I want to retire. These things are unknown because we don't know what we'll desire or how life will change in the future. I even asked one "does anyone actually feel they know the answers to these questions?"
My goal is to make as much as possible until I feel I have enough to retire: simple. I just want someone to run some numbers and give example scenarios. I don't know how many vacations I want to go on when I retire or if I want to move.
Great video for anyone considering hiring a financial advisor online! Thank you for putting in the work for the rest of us.
My pleasure !
*Thank you😊 for this video, do you offer account management or have any recommendations?*
As a beginner investor, it's essential for you to have a guide. Myself I'm guided by Mrs Victoria K Walter, a widely known consultant
If you’re using a good manager, it’s easier to earn from the market
That's true. a lot of people today have been
having lots of disappointments in trading in light of helpless direction and awful consultants
I've been trying to trade but I keep making losses and it's frustrating
VICTORIA K WALTER is exceptionally good, i believe you should give her a try
This is so cool like I love how you compare they all with different price ranges. Keep up with making great video for us pls thank you.
Such a cool idea! I like that you threw in some leveraged ETFs, which I am a fan if you know the risks and properly manage them, and #3 correctly assessed that they are not in line with your stated risk tolerance. I also like that they pointed out your fund overlap problem. Finally, I was surprised and impressed that they did not suggest an over-diversified portfolio, one of my pet peeves.
Hey Humphrey, great video you made here! I was wondering if you could talk a little bit about one of the type of ETF’s you included in your portfolio, leveraged ETF’s. I’d be really interested in hearing your thoughts on holding leveraged ETF’s (such as SQQQ and UPRO) both short term and long term!
I’m just at the introduction and I know this is gonna be awesome. What a creative take on this series.
Since that you engaged these people and paid them to do a requested job for you, and did not reveal their business or personal identities I thought this was balanced, respectful and ethically fair. I also think that this comparison provides those seeking this kind of advice with a framework to start from.
I'm new to BTC/Crypto investment and I've been making losses trying to make profit myself in trading.. I thought trading demo account is just like trading trading the real market... Can anyone help me out or at least advise me on what to do?
Without a doubt!MRS Telisha Grover is a trader who goes above and beyond. she has an exceptional skill for analyzing market movements and spotting profitable opportunities. her strategies are meticulously crafted based on thorough research and years of practical experience.
MrsTelisha Grover, has really helped my life and entire family during last year. may the good lord inspire you more .
Please how can i reach her? i think i should try this woman. i have heard so much good news about her.
SHE MOSTLY ON TELEGRAM'S USING THE USERNAME
@Grover836
That's???? her username.
I think that third advisor was straight on for value and the perfect level of advice for the scenario you concocted. The next level up of say $1000+ I’d want to start to see advice and structuring wealth with trusts and the like. But that is wholly unneeded for the complexity of the situation you provided to them. The lower level reviews I think you were asking too much for the price, all I’d want to see out of them for the value was pointing out the red flags.
Good content. Looking forward to next week’s video. Thank you.
The average social security check is $1827 a month. The worst part is 22% of Americans have less than $5k saved for retirement. Start investing now! Nobody is coming to save you
I’ve been diligently working, saving and contributing towards early retirement and financial freedom, but since covid outbreak, the economy so far has caused my portfolio to underperform, do I keep contributing to my 401k or look at alternative sectors to meet my goals?
I’ve been diligently working, saving and contributing towards early retirement and financial freedom, but since covid outbreak, the economy so far has caused my portfolio to underperform, do I keep contributing to my 401k or look at alternative sectors to meet my goals?
I'm in line with having an advisor oversee my day-to-day investing cos, my job doesn't permit me the time to analyze stocks myself. Thankfully, my portfolio has just 5X in barely 5 years, summing up nearly $1m after subsequent investments to date.
bravo! I appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Stacy Lynn Staples has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.
Gosh, 9 or so years ago, we paid $200 an hour for 6 hrs or so of work to analyze our portfolios. Who knew you could get it nowadays for $40.00
could help you put on her to grow your portfolio
This was an excellent video. I hope Fiverr is sponsoring it because, based on your review, I will likely use it to review my finances.
I sent my info and got the $285 service, which totaled out to $300. I didn't ask for the 1-3 page document, but I did give him an Excel document with my goals and some questions. I'm 40, and I have never sat with a financial advisor which is probably not smart on my end, but again, thanks for the video. It inspired me to get some advice.
20 for a decent review is good info, I could use that 😊
Although not always the case, for the most part you pay for what you get. Really enjoyed this video
My portfolio doesn’t just cater to dividend stocks. I hold $VFIAX (S&P 500 index fund) in my Roth IRA and $VTI (Total Stock Market ETF) in my taxable brokerage account. Two of my largest holdings. The individual dividend stock positions all complement the index holdings.
The 5 percent fixed incomes are a safe bet. Save your cash for when the market actually shows sign of recovery or better still seek professional help.
Investing Is more than reading quarterly reports. Learnt this from reading Peter Lynch's book. I believe there are people who do this for a living, and I just delegate the task to these professionals. That's how I make money from the market to be honest.
pls how can I reach this expert, I need someone to help me manage my portfolio
Not to blow her trumpet, but “Stacy Lynn Staples” is exceptional in navigating tough markets. She has been planner ever since we met in London global economy conference. she's verifiable , so you could just search her and book an appointment. good luck!
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.
Once again, you get what you pay for holds true.
Great video , learned a lot 🙏
Ha! Really enjoyed this experiment. Great idea and interesting to see the feedback.
Such an awesome idea and fun video! Very interesting.
I think the first one was chatgpt too 😂 what are those stock recommendations vs ignoring the leverged ETF
Very interesting. Love the content. Cheers!
Enjoyed every second of it, thanks
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Brooke Grace Miller.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.
I'm surprised that you just mentioned and recommended Brooke Miller, I met her at a conference in 2018 and we have been working together ever since.
I'm new at this, please how can I reach her?
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
It's wild to think about the implications this financial advice could have on your entire life (embellished life) after just a few hours of theorizing.
Love this Humphrey
Amazing idea for a video! Would love to see more like it
That was very interesting. I am actually looking for a fee only financial advisor who can do retirement planning in addition to investments. I would appreciate a video on how to go about it. What questions to ask, what questions the advisor should ask. Etc.
Yeah, seems hard. Everyone out there that is accessible is a salesmen or is more of an ongoing relationship based on %AUM. How do you find a $500 for an annual review type provider that is worth the money.
Meh. I'm not convinced it's really worth it to reduce your risk profile if you actually pay attention to the market. If stuff is hitting the fan you can shift your investments and avoid major downturns.
If you can make 20-30% returns over a few good years you've basically doubled your money and even if you lose 20-30% one year it doesn't matter.
The upside outweighs the downside risk in my opinion.
I understand the advice for most people though who have no idea what is going on.
Image how good the advice would be for 1.5% of assets under management!
I like the comparison between them.
Great video you definitely get what you pay for
You got that right!
How dare you! In Texas, we only eat brisket and breakfast tacos 🤠
Thx for the idea about finding someone on fivr. I am a real estate investor and I will hire someone for some questions. Thx again
Number 2 is literally written in chat gpt style oof. No offense but the person in charge should at least personify the dry raw respond chat gpt gave them
This would also be a nice experiment with dividend investor sample portfolio.
Wow, great idea.
First guy was actually super high quality for the price. Sure, the gold and silver ETFs and stock recommendations were… questionable, but everything else was solid.
Second one was a joke. She deserves a one star review. There was zero personalized info at all. It actually kinda pissed me off.
Third guy was incredible, as expected for the price.
This was a great video. I would like to try this because a RIA would charge me a whole lot more because of the size of my assets. I think getting a RIA for $285 is extremely inexpensive, especially with the amount of work he did, and due to his recommendations.
Thanks for sharing, very informative 👍
My pleasure
I’ve been thinking about hiring a financial advisor to help with my investments and financial planning. Do you guys think it’s worth it?
Absolutely. A good financial advisor can provide personalized advice, help you set realistic goals, and create a plan to achieve them.
they can offer insights on tax strategies, retirement planning, and investment diversification. It’s like having a financial coach.
That sounds great. But how do I find a trustworthy advisor?
It’s important to look for credentials like a CFA. For example, someone like Aaron Morgan Bell. CFAs have rigorous training and adhere to high ethical standards.
I’ll definitely look into Aaron Morgan Bell. What should I expect in terms of costs?
Can you do a video explaining intrinsic value and other values in the same subject.
Love the look of the watch what are you wearing if you don’t mind sharing
Hi Humphrey have a good day
thank you , you too!!
Hey Humphrey, were you gonna address your concerns (if any) regarding how poorly the market is doing? Any advice to give to your viewers?
$40 or a chatgpt answer is crazy
The fact the second one doesn't go into any specifics and doesn't want to give exact numbers shows its AI lol
It's just all perspective lol. There's a million combinations on portfolio optimization based on your outline
Interesting challenge and result
Would you recommend Nectarine Fiduciary advisors or is Fiverr a better option? Nectarine charges a flat fee of $150 per hour.
6% raise per year? Damn can he be my boss?
Great video. Do you do financial advising for people's portfolios?
i personally do not anymore!
@@humphrey
Do you have good recommendations then?
More of this!
"so right off the bat how dare him" 🤣
interesting idea. well done.
I would love to see what he thinks of your portfolio with telling him who you are.
I realized my financial advice is wrth more than 50 bucks now lols.
Great video!
Hi, what’s the best way to start looking into index funds? More of the sorts of funds that were involved in the first advisor like vanguard and the others??
Looks like some YT gurus portfolios.
What’s your advice if the stock market crashes? Buy more or hold
The first and second were just chat gpt 😂
The $40 one looks like it really is straight out of AI...
250K student loan debt for a finance degree, CFA certificate, MBA... to end up working at Fiverr.
5% in crypto? I bet you've been saying that since 2016... How much more money would you have if you'd gone 50% crypto like I have since 2014?
yikes i dont like 3x etf... like todays deep red
Should have included chatgpt as a forth adviser
i think advisor 2 was great because they taught you not to waste money on fivver lol
OMG the bot comments advertising financial advisors are horrible.
Very interesting!
Pathetic for a supposed financial advisor to not point out to someone with a “moderate” risk tolerance that those triple leveraged etfs (and doge) are all very high risk.
the 3rd guy did point out the the volatility concerns of the leveraged funds and recommended selling them
@@jeremyreinhardt252 makes me want to be a financial advisor since I could do better than a lot of these people. I’m assuming I’d need credentials tho
You get what you pay for
As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?.
A diet full of steak and potatoes is actually good for you lol. Long as the potatoes arent deep fried
What's wrong with steak and potatoes.
who the hell gets a 6% payraise every year