Is 60% Too Much To Be Investing?

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  • เผยแพร่เมื่อ 24 ธ.ค. 2024

ความคิดเห็น • 1.3K

  • @BradleyMaurice226
    @BradleyMaurice226 หลายเดือนก่อน +2590

    You have some fantastic content on your channel. At 53 years old, my husband and I achieved a net worth of $1 million back in 2017. Fast forward five years, and it has grown to $2.4 million. Despite our combined annual salary of just over $100,000, we have adopted a frugal lifestyle. We continue to drive older cars, prepare meals at home, and make use of leftovers. Additionally, we have two children currently in college. Fortunately, we had saved for their college expenses, and they are contributing by working part-time. As a result, they will graduate without any student debt.

    • @JeffWilliamfick
      @JeffWilliamfick หลายเดือนก่อน +8

      Right there with you. I'm retiring early, no debt. Kids are taken care of. Building my dream home on 11 acres, looking over the river valley. there are loads of ways to make a killing right now, but such high-volume near impeccable tradess can only be carried out by real-time experts.

    • @EdwinBoettcher
      @EdwinBoettcher หลายเดือนก่อน +4

      That right, I started investing sometime in 2018 and by late 2021, I pulled out a profit of over $750,000 with no prior investing knowledge or skill, I was basically just following the guidelines set by my financial advisor, so you don't necessarily need to be a perfect investor or do the hard works, just have a professional who guides & mentors you.

    • @KimberlyFlores-kr1bz
      @KimberlyFlores-kr1bz หลายเดือนก่อน

      Mind if I ask you recommend this particular professional you use their service? i have quite a lot of marketing problems.

    • @EdwinBoettcher
      @EdwinBoettcher หลายเดือนก่อน +5

      We must consider safer investments with promising returns in order to plan for the future. If you approach investing with a five-year perspective and simply DCA whenever you receive a check. Under the direction of my investment advisor, Becky Lou Gordon, whose expertise in portfolio diversification is unsurpassed and client-focused, my portfolio has gained almost $643k since January 2024.

    • @KimberlyFlores-kr1bz
      @KimberlyFlores-kr1bz หลายเดือนก่อน +2

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

  • @Colbe-lx7fb
    @Colbe-lx7fb หลายเดือนก่อน +3014

    I was chatting with a friend the other day, and he mentioned that he’s putting 80% of his income into investments. He is single

    • @Robby767
      @Robby767 หลายเดือนก่อน +23

      What a big chunk. I mean, it’s great to want your money to grow, but at this stage, it’s important to keep some flexibility too. You don’t want to risk everything on investments when you might need more accessible cash

    • @Annie2229
      @Annie2229 หลายเดือนก่อน +8

      Exactly. Investing is important, but it’s really about balance. There are some things that advisors know to look out for, especially if they’ve worked with high-profile clients who have a lot at stake. That’s where someone like JOSEPH NICK CAHILL comes in. He’s experienced with celebrities and even billion-dollar business owners, so he really understands the stakes of big investments

    • @louisahernandez
      @louisahernandez หลายเดือนก่อน +1

      Joseph Nick Cahill? I’ve heard his name before. Isn’t he known for finding that perfect middle ground for his clients-growing wealth without compromising security? It seems like that’s the kind of expertise someone putting 60% into investments would need

    • @Colbe-lx7fb
      @Colbe-lx7fb หลายเดือนก่อน

      Yes, exactly. And he’s not just about maximizing returns; he works with people generally to help them feel secure, whether they’re a business mogul or someone just wanting to make the most of what they have. It’s reassuring to know he’s not going to encourage risky moves that could jeopardize our savings

    • @roseyfischer
      @roseyfischer หลายเดือนก่อน

      I like that he takes each person’s situation into account. Investing 60% might work for some, but not everyone. Having someone like him look at your goals, lifestyle, and even how much access to cash you might need could make all the difference

  • @annaj.osorio
    @annaj.osorio 29 วันที่ผ่านมา +2633

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

    • @JulieConway-l4k
      @JulieConway-l4k 29 วันที่ผ่านมา

      Invest in S&P 500 ETF, for as long as possible. Do it as often as you can. Try not to withdraw this money and let compounding do its work. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.

    • @ClaudiaSchreiber-b1p
      @ClaudiaSchreiber-b1p 29 วันที่ผ่านมา +1

      A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K.

    • @DanielOrstein
      @DanielOrstein 29 วันที่ผ่านมา

      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 portfoIlo allocation

    • @ClaudiaSchreiber-b1p
      @ClaudiaSchreiber-b1p 29 วันที่ผ่านมา

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

    • @Robbertskypes
      @Robbertskypes 29 วันที่ผ่านมา

      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.

  • @gingerkilkus
    @gingerkilkus หลายเดือนก่อน +888

    Sometimes Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.

    • @Franklin-gq4si
      @Franklin-gq4si หลายเดือนก่อน +6

      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

    • @CharlesArthur-fq5sx
      @CharlesArthur-fq5sx หลายเดือนก่อน +3

      Many overlook that banks are return-driven businesses. I don't trust keeping a large sum in a bank. Instead, I invest with guidance, enjoy the benefits, and save for retirement.

    • @williamDonaldson432
      @williamDonaldson432 หลายเดือนก่อน +2

      After the '08 financial crisis, I've learned not to trust corporations. Since 2020, I've been investing with a financial advisor and have had no major losses, so I'm not going back to relying solely on banks.

    • @foreverlaura-fq4eu
      @foreverlaura-fq4eu หลายเดือนก่อน +2

      @@williamDonaldson432 Market behaviour can be complex and unpredictable. Mind if I ask you to recommend this particular coach to whom you have used their services?

    • @williamDonaldson432
      @williamDonaldson432 หลายเดือนก่อน +2

      Annette Marie Holt can't divulge much.. Most likely, the internet should have her basic info, you can research if you like.

  • @mhodge0890
    @mhodge0890 หลายเดือนก่อน +355

    It’s never too much too invest. Invest as much as possible

    • @ItsmeCote
      @ItsmeCote หลายเดือนก่อน +39

      Indeed as long as you can also pay your monthly bills

    • @commonenglishmistakes4360
      @commonenglishmistakes4360 หลายเดือนก่อน +30

      @@ItsmeCote and also have some fun. You need a balance between enjoying now and enjoying later when you have no debt outside the mortgage.

    • @Psideways02
      @Psideways02 หลายเดือนก่อน +13

      buying a house is an investment. And everyone needs a place to live. Might as well knock out two birds with one stone!

    • @dog7881
      @dog7881 หลายเดือนก่อน

      @@commonenglishmistakes4360For some people investing is fun

    • @hustlasstory7611
      @hustlasstory7611 หลายเดือนก่อน +12

      ​@@Psideways02 not really. Who buys a house to sell it to?

  • @clarkstephen7861
    @clarkstephen7861 14 วันที่ผ่านมา +1528

    Never understood why people are reluctant to buy dividend stocks,You're getting paid to be invested in the stock market,It's similar to owning a rental property,You get paid (rent) to own it while the value of the asset appreciates (hopefully)..Passive income is king

    • @RoseGuerra7862
      @RoseGuerra7862 14 วันที่ผ่านมา +1

      Dividend stocks are like owning a piece of land:You hold the asset,Collect income while you wait,Asset value might grow.Why not enjoy the fruits while the tree grows?

    • @martinheaway
      @martinheaway 14 วันที่ผ่านมา

      Often people underestimate the value of counseling until their own emotions become overwhelming. A few summers ago, after a long divorce, I needed a huge push to keep my business going. I searched for licensed advisors and discovered one with the greatest qualifications. Despite inflation, she has helped increase my reserve from $275k to $750k.

    • @JaneClark7861
      @JaneClark7861 14 วันที่ผ่านมา +1

      I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

    • @JaneClark7861
      @JaneClark7861 14 วันที่ผ่านมา

      I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip

    • @daminiso
      @daminiso 14 วันที่ผ่านมา

      Generally the companies that give dividends will not have exponential growth. For people with longer investment time, investing in companies that are in exponential growth stage makes more sense as the overall delta will be much higher.

  • @JoshuaKerr-m4u
    @JoshuaKerr-m4u 29 วันที่ผ่านมา +1568

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

    • @Bridget-l7p
      @Bridget-l7p 29 วันที่ผ่านมา +3

      Avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.

    • @DavidLucas-so8rr
      @DavidLucas-so8rr 29 วันที่ผ่านมา +2

      Often people underestimate the value of counseling until their own emotions become overwhelming. A few summers ago, after a long divorce, I needed a huge push to keep my business going. I searched for licensed advisors and discovered one with the greatest qualifications. Despite inflation, she has helped increase my reserve from $275k to $750k.

    • @Bako-b8j
      @Bako-b8j 29 วันที่ผ่านมา +1

      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?

    • @DavidLucas-so8rr
      @DavidLucas-so8rr 29 วันที่ผ่านมา +1

      "Laurelyn Gross Pohlmeier," a well-known authority in this field. I would recommend looking into her credentials more because she has a great deal of expertise and is a great resource for anybody looking for advice on how to navigate the financial market.

    • @DesireeJames-q1z
      @DesireeJames-q1z 29 วันที่ผ่านมา +1

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

  • @NicholasBall130
    @NicholasBall130 หลายเดือนก่อน +883

    I like investing in close-end funds that pay monthly dividends. The trick is to hold long term and reinvest the monthly dividends plus buy more shares on a monthly basis or when ever you can afford to. This can be easily done because close-end funds are bought and sold on the stock market just like regular stock. That’d be enough to create a portfolio that would pay you between $50k to $70k in dividend income

    • @cowell621
      @cowell621 หลายเดือนก่อน +2

      Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional

    • @JamesLongman-v5r
      @JamesLongman-v5r หลายเดือนก่อน +1

      I completely agree; I am 60 years old, recently retired, and have approximately $1,250,000 in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, having a portfolio-advisor for investing is genius!

    • @TylerJamestown
      @TylerJamestown หลายเดือนก่อน +1

      I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advisor? I'll be happy to use some help.

    • @JamesLongman-v5r
      @JamesLongman-v5r หลายเดือนก่อน

      Rebecca Nassar Dunne maintains an online presence that can be easily found through a simple search of her name on the internet.

    • @crystalcassandra5597
      @crystalcassandra5597 หลายเดือนก่อน

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

  • @Dylanchris8048
    @Dylanchris8048 2 วันที่ผ่านมา +504

    The market's rise after Trump's win is surprising given the economic uncertainty. While some stocks, like Al-focused ones, look strong long-term, the volatility makes me cautious. Even Bitcoin is seeing a boost, but it's tough to predict where things are heading with inflation and interest rates. Staying cautious but watching for opportunities.

    • @Watersbill89
      @Watersbill89 2 วันที่ผ่านมา +4

      I agree. Even with great opportunities, we should proceed cautiously. Seeking market analysis or advice from certified market strategists is important.

    • @EdgarBossen
      @EdgarBossen 2 วันที่ผ่านมา +2

      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

    • @Dylanchris8048
      @Dylanchris8048 2 วันที่ผ่านมา

      That's huge! Your advisor must be excellent.
      Could you share more about your approach?
      I'm in urgent need of help with asset allocation.

    • @EdgarBossen
      @EdgarBossen 2 วันที่ผ่านมา +3

      There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with "Tracy Britt Cool Consulting" for about five years now, and her performance has been consistently impressive. She's quite known in her field, look-her up.

    • @Dylanchris8048
      @Dylanchris8048 2 วันที่ผ่านมา +1

      Thank you for this tip. I just looked the name up, wrote to her through her webpage and booked a session

  • @NicolePangea
    @NicolePangea หลายเดือนก่อน +475

    80% stocks 20% cash. I plan to take advantage of the s&p 500 as leading indicators predict above 10% rise by this year, my only issue is how to properly allocate a 6-figure stock/bond portfolio for substantial gains at minimum risk of inflation.

    • @ritaakaraz
      @ritaakaraz หลายเดือนก่อน +1

      I believe that diversifying your investments is the safest way to handle it. One way to lessen the effects of a market crisis is to distribute investments over a variety of asset classes, such as international equities, bonds, and real estate. It's also critical to look for expert advice.

    • @Wood-Je
      @Wood-Je หลายเดือนก่อน +1

      Certain Mag 7 companies are rumoured to be overvalued and might cause a market correction, I’d suggest you go with a managed portfolio, but even those don’t perform so well, so it’s best you reach out to a proper fiduciary to guide you, that’s what works for my spouse and I. We've made over 80% capital growth minus dividends.

    • @floxydorathy6611
      @floxydorathy6611 หลายเดือนก่อน

      I fired mine 12 yrs ago. now I am beginning to see the benefits, how do I get one? Considering your point I won’t want to get into a bubble. Can you recommend any?

    • @ZednanElle
      @ZednanElle หลายเดือนก่อน +3

      Sure, the likes of the popular "victoria louisa saylor" does a good job. Just look up the name, you’d find details on the web to set up an appointment as she offers free consultations for Veterans like yourself.

    • @floxydorathy6611
      @floxydorathy6611 หลายเดือนก่อน

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

  • @Rmoralesz
    @Rmoralesz 14 วันที่ผ่านมา +47

    With a good investment plan that ensures a steady income without any doubts, I and my wife are prepared for a well organized retirement. I started investing in stocks 2 years ago and so far, I am making a good yield on my dividend. I've learned that getting a good return is very much attainable only if you know your way around it.

    • @Jakebottom
      @Jakebottom 14 วันที่ผ่านมา +1

      How are you making dividends consistently? I've been quite unlucky

    • @Rmoralesz
      @Rmoralesz 14 วันที่ผ่านมา +1

      It's totally far from luck. Jonas Herman, a CFA has consistently outperformed the market ever since I got on his program. He has continued to put my $25k to good use with market driven strategies making me an optimal return of over $231k

    • @Fleneroy
      @Fleneroy 14 วันที่ผ่านมา +1

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

    • @Allambeecairns
      @Allambeecairns 14 วันที่ผ่านมา

      51 here. I hope it's not too late for me to start investing. How can I get acquainted with his service?

    • @Rmoralesz
      @Rmoralesz 14 วันที่ผ่านมา +1

      Hermanw jonas that’s his gmail okay

  • @michaelwiebeck3
    @michaelwiebeck3 หลายเดือนก่อน +1071

    Rule 8 indicates you don't need a high IQ to be a good investor, just 2 qualities, self discipline and a lot of patience. Investing is mostly about behavioral psychology. How can I generate more income to retire with at least $3m for long term care?

    • @Rachadrian
      @Rachadrian หลายเดือนก่อน +4

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

    • @Olsontim21
      @Olsontim21 หลายเดือนก่อน +2

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

    • @Derekhoffman312
      @Derekhoffman312 หลายเดือนก่อน +2

      @@Olsontim21 I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advis0r? I'll be happy to use some help

    • @Olsontim21
      @Olsontim21 หลายเดือนก่อน +1

      Annette Christine Conte 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..

    • @Derekhoffman312
      @Derekhoffman312 หลายเดือนก่อน +1

      I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip

  • @judynewsom1902
    @judynewsom1902 หลายเดือนก่อน +791

    My strategy has always been to invest 25% of my income in the stock market at the beginning of each month. The second part of my strategy is not to sell for at least 5 years, thoughts?

    • @Theresaa12
      @Theresaa12 หลายเดือนก่อน +9

      I think that is a good one.........

    • @HarrisRyan-oy8eo
      @HarrisRyan-oy8eo หลายเดือนก่อน +7

      The stock market brings both uncertainties and risk too so I suggest while you keep investing just like you do, Do well to consult an expert too to be sure you are putting your money in the right places

    • @EverlyndPerez
      @EverlyndPerez หลายเดือนก่อน +4

      Agreed, despite my rookie knowledge of investing, I have a financial advisor who did the trick in a bit more than 6 months after a lump sum capital of $500k, and I've so far made a fortune. I'm now buying real estates, gold and silver as advised by my FA.

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

      I've been considering getting one, but haven't been proactive about it. Can you recommend your advisor? I could really use some assistance.

    • @EverlyndPerez
      @EverlyndPerez หลายเดือนก่อน +3

      *Marissa Lynn Babula* is the licensed advisor I use. Just search the name. You’d find a webpage and necessary details to work with to set up an appointment.

  • @PASCALDAB
    @PASCALDAB หลายเดือนก่อน +1068

    I sold most my positions during the dip at a loss and now those stocks are doing well. Most of my holdings are in cash of about $300k now. How do I stay invested and think long-term to help me ride out the market’s ups and downs.

    • @SeanTalkoff
      @SeanTalkoff หลายเดือนก่อน +5

      A long-term approach can definitely help with navigating market volatility. Set Clear Goals, Focus on Quality Investments,Stay Patient and Avoid Emotional Reactions, and Work with a Financial Advisor

    • @viviancarolgioao
      @viviancarolgioao หลายเดือนก่อน +4

      After selling at a loss during the dip, I was hesitant to reinvest my $600K. My financial advisor created a long-term strategy, focusing on diversification and dollar-cost averaging. In just 18 months, my portfolio grew to $850K. Their guidance has been invaluable in helping me stay steady and think long-term through market changes.

    • @Tonyrobs2
      @Tonyrobs2 หลายเดือนก่อน +1

      @@viviancarolgioao I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advis0r? I'll be happy to use some help

    • @DonaldStokes-p
      @DonaldStokes-p หลายเดือนก่อน +2

      @@viviancarolgioao That's amazing! Could you share how I might get in touch with your advisor? I’d love to learn more about their approach and see if they can help me achieve similar results.

    • @viviancarolgioao
      @viviancarolgioao หลายเดือนก่อน +1

      Sharon Ann Meny, is the licensed advisor I use and i'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.

  • @nicolasbenson009
    @nicolasbenson009 หลายเดือนก่อน +1082

    The recession is here, where do investors look at for wealth gains now? mortgage rates still on the rise with higher imports and lower exports, yet the Fed is to lessen cost. Something will eventually break if they keep raising interests and quantitative tightening.

    • @sharonwinson-m8g
      @sharonwinson-m8g หลายเดือนก่อน +2

      if you want to hold on to cash, put it in a safe deposit box, if you want assets, buy things people need in a shtf society, food, ammo, wood, water filters, tools, have a skill at building and fixing

    • @Hectorkante
      @Hectorkante หลายเดือนก่อน +3

      when we go into recession, tech will do poorly as a sector considering what's going on in the world, while defense stocks should be doing good, but always do your own research, or speak to a valid advisor before investing your money

    • @DorathyJoy
      @DorathyJoy หลายเดือนก่อน +2

      Agreed, I've always delegated my excesses to a pro, ever since suffering portfolio steep-down amid covid-19 outbreak. As of today, I'm semi-retired with barely 25% short of my $1m retirement goal after subsequent investments, and only work 7.5 hours a week.

    • @ScottKindle-bk3hx
      @ScottKindle-bk3hx หลายเดือนก่อน +3

      truly 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?

    • @DorathyJoy
      @DorathyJoy หลายเดือนก่อน +2

      Finding financial advisors like Melissa Terri Swayne who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

  • @TianaManeO
    @TianaManeO หลายเดือนก่อน +368

    Investing in many sources of income that are independent on government paychecks is the prudent thing that everyone should be thinking about right now, especially given the global economic crisis. Stocks, forex, and digital currencies are still good investments at this time

    • @MablePauls
      @MablePauls หลายเดือนก่อน

      Most people think, investing in crypto is all about buying coins and leaving it to rise, come on it takes much analysis to be a successful crypto trader.

    • @AngellLevey
      @AngellLevey หลายเดือนก่อน

      Trading without professional guide...Huh i laugh you, because you will remain where you are or even make huge loses that will stop you from trading, this has been one of the biggest problem to new traders

    • @PajinakStanovska
      @PajinakStanovska หลายเดือนก่อน

      How can one find a verifiable financial planner? I would not mind looking up the professional that helped you

    • @AngellLevey
      @AngellLevey หลายเดือนก่อน

      My CFA Julianne Iwersen Niemann, 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.

    • @PajinakStanovska
      @PajinakStanovska หลายเดือนก่อน

      Found her online page by searching her full name, I wrote her an email and scheduled a call, hopefully she responds.

  • @MaximilianFischer497
    @MaximilianFischer497 หลายเดือนก่อน +1187

    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 by end of 2024.

    • @TicheDebb0
      @TicheDebb0 หลายเดือนก่อน +7

      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

    • @EvelynBrooks0
      @EvelynBrooks0 หลายเดือนก่อน +6

      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

    • @AshleySommerset808
      @AshleySommerset808 หลายเดือนก่อน +5

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

    • @EvelynBrooks0
      @EvelynBrooks0 หลายเดือนก่อน +6

      “Diana Casteel Lynch” 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.

    • @henryallard245
      @henryallard245 หลายเดือนก่อน +5

      I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.

  • @JayTarsia25
    @JayTarsia25 หลายเดือนก่อน +373

    "If you own your house, your housing costs won't go up every year"
    *Taxes and Insurance have entered the chat*

    • @cutehumor
      @cutehumor หลายเดือนก่อน +58

      You know landlords increase your rent to pay for the taxes and insurance.

    • @arthrodea
      @arthrodea หลายเดือนก่อน +27

      Exactly! Not to mention cost of home maintenance and repairs

    • @Dividendsmattertoo
      @Dividendsmattertoo หลายเดือนก่อน +17

      @@cutehumorsome landlords don’t haven’t raised their rent for 8 years if your a good tenant I’ve seen it and have family who does it

    • @nickstark8479
      @nickstark8479 หลายเดือนก่อน +14

      Not to mention repairs and maintenance costs going up every year...
      But in the end, the money you put into your house tends to be partially retained in the value of the property... You may be able to spend less in total by renting, but it is much more difficult to build wealth this way unless you are living in a property well below your means and investing the difference.

    • @blackworldtraveler3711
      @blackworldtraveler3711 หลายเดือนก่อน +7

      Mine doesn’t go up every year.
      When and if it does it’s no big deal.

  • @mirchimome
    @mirchimome 13 วันที่ผ่านมา +177

    I Hit 110k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. thanks to Charlotte Miller for helping me achieve this

    • @GrozaGroza-ko7fn
      @GrozaGroza-ko7fn 13 วันที่ผ่านมา

      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

    • @HighlightsSerieATIM
      @HighlightsSerieATIM 13 วันที่ผ่านมา

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

    • @Arlingtongeorge
      @Arlingtongeorge 13 วันที่ผ่านมา

      I'm celebrating a $30k stock portfolio today. started this journey with 6k. I have invested on time and also with the right terms now I have time for my family and the life ahead of me

    • @ZahirFriedman
      @ZahirFriedman 13 วันที่ผ่านมา

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

    • @adrianamatilda1
      @adrianamatilda1 13 วันที่ผ่านมา

      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

  • @Andreavince-v
    @Andreavince-v หลายเดือนก่อน +690

    I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024.,..

    • @JohnNgomba-k3v
      @JohnNgomba-k3v หลายเดือนก่อน

      Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert

    • @KarenJ.Mancia
      @KarenJ.Mancia หลายเดือนก่อน

      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.

    • @juliasalley
      @juliasalley หลายเดือนก่อน

      How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?

    • @KarenJ.Mancia
      @KarenJ.Mancia หลายเดือนก่อน

      Stacy Lynn Staples 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..

    • @pauline-o2q
      @pauline-o2q 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.

  • @RobGoldy
    @RobGoldy หลายเดือนก่อน +150

    Dave completely missed the point of this call. If you invest early in a regular brokerage account you save up money faster which can then be used to buy the house much faster compared to just saving in a bank account....

    • @marshalliize
      @marshalliize หลายเดือนก่อน +21

      IF the market goes up, silly.

    • @ST5S5
      @ST5S5 หลายเดือนก่อน

      @@marshalliizeovertime the market goes up 70% of the time

    • @mhodge0890
      @mhodge0890 หลายเดือนก่อน +1

      I agree and we’re in the Bull market

    • @nickstark8479
      @nickstark8479 หลายเดือนก่อน

      ​@V31lCl0ud Market goes up 8/10 years, so odds are well within your favor... Even if the market goes down, just means you could be buying ETFs/Index funds at a discount.

    • @TonyCox1351
      @TonyCox1351 หลายเดือนก่อน

      @@mhodge0890being “in a bull market” doesn’t really mean anything, the market could crash tomorrow, or a year from now, no one can predict it. That’s why saving for a house in a brokerage is risky. Most people would prefer 4% guaranteed returns than risk the chance of having 20% less than when you started when you go to buy a house.

  • @Hannahbenowitz
    @Hannahbenowitz หลายเดือนก่อน +1955

    Given the recent market volatility, I believe investors should prioritize undervalued, lesser-known stocks. My own portfolio, which includes several once-popular stocks, has taken a significant hit. I'm seeking more stable, under-the-radar opportunities.

    • @HildaBennet
      @HildaBennet หลายเดือนก่อน +2

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

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

      A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k

    • @bartlyAD
      @bartlyAD หลายเดือนก่อน +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

    • @PennyBergeron-os4ch
      @PennyBergeron-os4ch หลายเดือนก่อน

      Diana Casteel Lynch is her name. She is regarded as a genius in her area and works for Empower Financial Services.

    • @PennyBergeron-os4ch
      @PennyBergeron-os4ch หลายเดือนก่อน +1

      Her name is Diana Casteel Lynch can't divulge much. Most likely, the internet should have her basic info, you can research if you like

  • @MatthewAidan4ns
    @MatthewAidan4ns 17 วันที่ผ่านมา +550

    I think investors should always put their cash to work, especially In 2025, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2025

    • @SebastianNoah5e
      @SebastianNoah5e 17 วันที่ผ่านมา

      Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.

    • @JamesOliverr7s
      @JamesOliverr7s 17 วันที่ผ่านมา

      Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.

    • @JosephGodwill9h
      @JosephGodwill9h 17 วันที่ผ่านมา

      I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

    • @JamesOliverr7s
      @JamesOliverr7s 17 วันที่ผ่านมา

      My CFA Julianne Iwersen Niemann 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..

    • @JosephGodwill9h
      @JosephGodwill9h 17 วันที่ผ่านมา

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

  • @daniel-w5g1u
    @daniel-w5g1u หลายเดือนก่อน +432

    Election is one of those things that could really contribute to portfolio growth and vice versa. I've been going hard with my investments this year and have been able to build up to 180k. Are there tips I could apply to help me grow my portfolio even more during this election season?.

    • @colepfiefer
      @colepfiefer หลายเดือนก่อน +1

      Well detailed video. Things are a bit strange right now. Inflation is making the dollar weaker for buying things like basic needs, but it's getting stronger against other stuff. So, stuff like stocks, houses and precious metals aren't doing so great because folks are putting their money into banks for safety but I'm worried about my retirement savings losing value fast

    • @colepfiefer
      @colepfiefer หลายเดือนก่อน +1

      If you are in cross roads or need sincere advice on the best moves to take now its best you seek an independent advisor who knows about the financial markets. It's better to hire a skilled financial planner especially if you're not one yourself. I hired one, after my retirement pension took a hit in April due to the crash

    • @daniel-w5g1u
      @daniel-w5g1u 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?

    • @colepfiefer
      @colepfiefer หลายเดือนก่อน +2

      My CFA ’Gabriel Alberto William a renowned figure in her line of work. I recommend researching his credentials further. he has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

    • @daniel-w5g1u
      @daniel-w5g1u หลายเดือนก่อน

      Thank you for putting this out, it has rekindled the fire to my goal

  • @SebastianNoah5e
    @SebastianNoah5e หลายเดือนก่อน +376

    I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024

    • @JulianBenjamin3d
      @JulianBenjamin3d หลายเดือนก่อน

      Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.

    • @SofiaJames9H
      @SofiaJames9H หลายเดือนก่อน

      Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.

    • @RubyOliverm5l
      @RubyOliverm5l หลายเดือนก่อน

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

    • @SofiaJames9H
      @SofiaJames9H หลายเดือนก่อน +1

      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..

    • @RubyOliverm5l
      @RubyOliverm5l หลายเดือนก่อน

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

  • @givrally
    @givrally หลายเดือนก่อน +6

    Rent vs buy is a much more complicated equation than that. Rent increases every year, yes, but the more and the longer you borrow, the more you'll pay for that loan. Meanwhile, if they just set aside that 60% and take it out when they have enough to buy a home, they _could_ end up paying less, even factoring in that rent. But then, the value of a home grows much slower than that same amount in the stock market, so there's an opportunity cost there. All of those are important factors that can tip the scale one way or another, and you can't just handwave them by going "Yes but rent goes up every year".

  • @AnnaOllsson
    @AnnaOllsson หลายเดือนก่อน +776

    I realized that if you are not Warren Buffett nor someone in the industry it's difficult to make decent return from the stock market, stock picking is an effort in futility particularly at an uncertain time such as this, my portfolio is still significant about $150k but I'm not confident about picking stocks anymore. Are there really no other options for me to gain from the stock market? I'm open to ideas.

    • @HildaBennet
      @HildaBennet หลายเดือนก่อน +1

      It's hard to beat the market as an ordinary investor, you don't have access to information that professionals have. So it's just better if you invest with a professional who knows how things work better.

    • @bartlyAD
      @bartlyAD หลายเดือนก่อน

      Picking stocks is a risky thing to do particularly for non-professionals, I learnt that in 2020 when I lost almost everything but I was lucky to switch to using a financial advisor who has better knowledge of the market than I do and I've been returning at least $70k every month, just too bad I didn't learn this earlier on.

    • @DaliaCohen2230
      @DaliaCohen2230 หลายเดือนก่อน

      Interesting! been thinking about switching to an advisor for a while now, but the fear of losing funds holds me back any help pointing me to who advisor is and how to reach them.

    • @bartlyAD
      @bartlyAD หลายเดือนก่อน

      I'm not so comfortable making recommendations on the internet, but since her webpage is public accessible, she's Sonya Lee Mitchell, a simple search with her name will suffice.

    • @DaliaCohen2230
      @DaliaCohen2230 หลายเดือนก่อน

      Thanks for this amazing tips I looked her up and was able to book a call session with her, she seems proficient.

  • @YvonneSanchez067
    @YvonneSanchez067 12 วันที่ผ่านมา +1023

    I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying it’s 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.

    • @AnyaCheongsam
      @AnyaCheongsam 12 วันที่ผ่านมา

      Stocks like Tesla and NVIDIA still have some way up to go. It's always a good idea to go over it with a financial advisor. You might get new insights on how to go about it and that increases your chances of making huge profit.

    • @EnriqueCarrasco-z3j
      @EnriqueCarrasco-z3j 12 วันที่ผ่านมา

      Knowing today's market culture,the challenge is to recognize when to purchase or sell stocks, which is pretty simple for experts. Through portfolio restructuring and diversification with good ETFs, S&P 500 and growth stocks, I've turned my portfolio around from $180k to over $440k in few years. My advisor chooses entry and exit orders.

    • @Farina-Marcus
      @Farina-Marcus 12 วันที่ผ่านมา

      How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?

    • @EnriqueCarrasco-z3j
      @EnriqueCarrasco-z3j 12 วันที่ผ่านมา

      Elisse Laparche Ewing is 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.

    • @GinaHutchinson-3o
      @GinaHutchinson-3o 12 วันที่ผ่านมา

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

  • @Bando1017
    @Bando1017 หลายเดือนก่อน +18

    As long as you have the margin given your income and you're not forcing the issue, there realistically is no upper limit

  • @Bako-b8j
    @Bako-b8j หลายเดือนก่อน +806

    I’ve been diligently working, saving and contributing towards financial freedom and early retirement, but the economy so far since the pandemic has eaten away most of my portfolio, what I want to know is this: Do I keep contributing to my portfolio in these unstable markets or do I look into alternative sectors.

    • @Bridget-l7p
      @Bridget-l7p หลายเดือนก่อน +1

      Invest in S&P 500 ETF, for as long as possible. Do it as often as you can. Try not to withdraw this money and let compounding do its work. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.

    • @DavidLucas-so8rr
      @DavidLucas-so8rr หลายเดือนก่อน +3

      A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

    • @trazzpalmer3199
      @trazzpalmer3199 หลายเดือนก่อน +2

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

    • @DavidLucas-so8rr
      @DavidLucas-so8rr หลายเดือนก่อน +1

      "Laurelyn Gross Pohlmeier," a well-known authority in this field. I would recommend looking into her credentials more because she has a great deal of expertise and is a great resource for anybody looking for advice on how to navigate the financial market.

    • @SarahTaylor_
      @SarahTaylor_ หลายเดือนก่อน +1

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

  • @blissds-gi3mb
    @blissds-gi3mb 15 วันที่ผ่านมา +360

    60%?? My guy, I’ve been sitting on $176k in my ‘emergency fund’ like it’s a trophy, wondering if it’s too much to keep just chillin’. I wanna go all in on investing but, uh...where do I even start? Index funds? Real estate? A side hustle with Elon? Someone throw me a bone here, I’m ready to roll.

    • @NancyFranciss
      @NancyFranciss 15 วันที่ผ่านมา +3

      $176k in cash? Bruh, you’re practically holding a golden egg. But 60% is bold, not gonna lie. You might wanna pump the brakes and talk to a financial advisor first-mine saved me from some reckless decisions. Trust me, they’ll help you find the sweet spot between YOLO and stability.

    • @VeronicaOlivers
      @VeronicaOlivers 15 วันที่ผ่านมา

      Okay, you both make solid points. I definitely need an advisor too, but where do I even find a good one? Every time I Google, it feels like I’m playing ‘find the needle in a haystack.’ Any legit suggestions?

    • @NancyFranciss
      @NancyFranciss 15 วันที่ผ่านมา +4

      There are a handful of CFAs. I’ve experimented with a few over the past years, but I’ve stuck with Linda Aretha Reeves for some years now, and her performance has been consistently impressive. She’s known in her field-look her up

    • @blissds-gi3mb
      @blissds-gi3mb 15 วันที่ผ่านมา

      “Just looked up Linda Aretha Reeves, and wow, she seems like exactly what I need to kickstart my investment journey. Thanks for the heads-up!”

    • @SilvesterMiles-y4j
      @SilvesterMiles-y4j 15 วันที่ผ่านมา +2

      Caught Linda Aretha Reeves speaking at a Bloomberg Finance Summit a few years back-her insights were next level! Definitely someone who knows her stuff.

  • @EthanMaloney-qp4lh
    @EthanMaloney-qp4lh 29 วันที่ผ่านมา +926

    Is S&P 500 a good stock to start on? Or should someone start on popular stocks such as APLE, or SBUX. I want to invest around $200K from my cash savings

    • @SaintYvess
      @SaintYvess 29 วันที่ผ่านมา +2

      A long-term approach can definitely help with navigating market volatility. Set Clear Goals, Focus on Quality Investments,Stay Patient and Avoid Emotional Reactions, and Work with a Financial Advisor

    • @WestonScally7614
      @WestonScally7614 29 วันที่ผ่านมา +2

      Yes. It is very easy to buy in on trending stocks but the problem is knowing when to sell or hold, which is why a coach is important. I've been in touch with one for about a year now and although I was initially skeptical about it, I will say I've made more progress within a year generating 6figure profit

    • @sting_grayl
      @sting_grayl 29 วันที่ผ่านมา +2

      Pls how can i meet this advis0r?

    • @WestonScally7614
      @WestonScally7614 29 วันที่ผ่านมา +1

      Yeah, she is Marissa Lynn Babula , look her up. Anyone is free to contact her.

    • @WestonScally7614
      @WestonScally7614 29 วันที่ผ่านมา +1

      *Marissa Lynn Babula* is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

  • @robloxvids2233
    @robloxvids2233 หลายเดือนก่อน +135

    Stop the HSA? Dave is nuts. The HSA is literally the best investment. And maxing the HSA is peanuts. He also didn't even listen to the caller, who said he already had a 6 month efund.

    • @natashas9322
      @natashas9322 หลายเดือนก่อน +9

      I thought that was crazy too! Was coming to the comments to sat the same thing!!

    • @jbach1841
      @jbach1841 หลายเดือนก่อน +9

      I agree, keep doing the HSA, best investment available from a tax perspective

    • @andrewsnyder9262
      @andrewsnyder9262 หลายเดือนก่อน +2

      Can you only use the growth for medical expenses or can you eventually divert it for other uses down the line? This is something I haven’t been sure about .

    • @beechcraftpvp
      @beechcraftpvp หลายเดือนก่อน

      @@andrewsnyder9262 I think you can throw it in IRA's way down the line, but not positive on that. I think it's a 1 time thing and can't exceed your annual contribution limits.

    • @wellofstyx2431
      @wellofstyx2431 หลายเดือนก่อน +4

      Second this so hard. If you need the money for your medical expenses you bypass uncle sam paying them. If you don't need it for medical expenses start investing in the HSA so you don't take it out of your pocket next year or whenever. I thought he liked HSA's post baby step 3.

  • @Raniyanhunter
    @Raniyanhunter หลายเดือนก่อน +349

    I've just begun learning about value investing, and I've found that many good stocks are undervalued despite their intrinsic value. If you had $200,000 to create a strong investment portfolio, which stocks would you choose for better returns?

    • @garnold-l5p
      @garnold-l5p หลายเดือนก่อน +4

      I think a good investment portfolio should have three basic things: ETFs for diversification, dividend stocks for cash flow, and leading tech stocks. With your budget, it's a good idea to talk to a fiduciary financial advisor for expert advice.

    • @Mlanderos-t9e
      @Mlanderos-t9e หลายเดือนก่อน +3

      Working with a financial advisor has been a game-changer for me. They provided invaluable insights and tailored strategies that aligned perfectly with my risk tolerance and financial objectives. With their support, I've seen significant growth in my investments and gained confidence in my financial future.

    • @Anessa-gibson
      @Anessa-gibson หลายเดือนก่อน +1

      Hello, I'm interested in trying this out. Who is your FA, I'm gasping for breath. Have been doing things myself but it's clearly not working

    • @Mlanderos-t9e
      @Mlanderos-t9e หลายเดือนก่อน +3

      Judith Lynn Staufer is who I work with. Have worked with her for about 5 years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.

    • @Anessa-gibson
      @Anessa-gibson หลายเดือนก่อน +2

      Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance

  • @ElizabethAyala-r3w
    @ElizabethAyala-r3w หลายเดือนก่อน +181

    I'm favoured, $27K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America.

    • @PorscheMaria-i8k
      @PorscheMaria-i8k หลายเดือนก่อน

      As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.

    • @YetiKowalski
      @YetiKowalski หลายเดือนก่อน

      I know this lady you just mentioned. She's really good with and on her job. She's helped a couple of families and individuals' finances

    • @WisdomFresh-v1d
      @WisdomFresh-v1d หลายเดือนก่อน

      She is really a good investment advisor.
      I was privileged to attend some of her seminars, that's how I started my crypto investment

    • @MariamHassan-u5b
      @MariamHassan-u5b หลายเดือนก่อน

      I have heard a lot of wonderful things about Anna Duke on the news but didn't believe it until now. I'm definitely trying her out

    • @GuadalupeMartinezb
      @GuadalupeMartinezb หลายเดือนก่อน

      Started with 5,000$ and Withdrew profits
      89,000$

  • @cdub7373
    @cdub7373 หลายเดือนก่อน +19

    Maintaining a home costs more than rent. Lawn care, repairs, taxes, etc is all on you while rent is just rent. Even renting it out is risky especially if you don't properly vet who you rent to

    • @blackworldtraveler3711
      @blackworldtraveler3711 หลายเดือนก่อน +1

      I just cleared over $450k after taxes selling my two rentals last year with combined 11 years of rent and appreciation now making around $20k/yr. in HYSA,laddered CDs,and credit union savings accounts.
      Rent is also lawn care,repairs,taxes,insurance,HOA, mortgage, etc. including a “greed tax” from landlords and corporations.

    • @thebes118
      @thebes118 หลายเดือนก่อน

      Utilities are higher in a house also.

    • @imveryhungry112
      @imveryhungry112 หลายเดือนก่อน

      @@blackworldtraveler3711 I made 350,000 a year off my index fund investments with zero cost, what's your point?

    • @neeferpd
      @neeferpd หลายเดือนก่อน +1

      But one day that house will be paid off then all you have is taxes and insurance and maintenance. Houses come in all sizes and types. Get a small house with a small yard, or a townhouse, or condo. They don't need to be in a hurry to do it, but it would be a wise thing to do in the not too distant future.

    • @LegDayLas
      @LegDayLas หลายเดือนก่อน +1

      It largely depends of your local market. People simply would not rent out their property if it cost more to own the home then the revenue that it brings in. Some places do have renters markets where you are better off renting, those places are allot harder to find then typical markets where landlording has a payout.

  • @tombkk1322
    @tombkk1322 หลายเดือนก่อน +68

    They will be millionaires so fast investing 60% of their income. Much faster than buying a home now.

    • @commonenglishmistakes4360
      @commonenglishmistakes4360 หลายเดือนก่อน +12

      I agree but Dave's equations are about reducing the risk too. Having a fully paid off house gives so much more security in life because if things goes badly, you can survive on very little per month. I'm good with money but I do recognize the emotional component now. I used to disagree with the debt snowball for the same reasons but now I see the advantages

    • @1967davethewave
      @1967davethewave หลายเดือนก่อน +1

      Yeah, just because Dave and his crew have interviewed 10,000 millionaires and like he said, almost none of them did that, he must surely be giving bad advice.

    • @commonenglishmistakes4360
      @commonenglishmistakes4360 หลายเดือนก่อน +1

      @@1967davethewave agreed. It's doesn't show cause and effect, only correlation.

    • @rebeltheharem7028
      @rebeltheharem7028 หลายเดือนก่อน

      @@commonenglishmistakes4360 Yeah, but they are young, to its likely paying off the debt will do much worse for them over the long haul, and it doesn't seem like the mortgage or any mortgage will be making them lose sleep.
      In other words, its much better for them financially to just invest 60% of their income, rather than pay half of that on a mortgage. The returns on investments generally outgrow the appreciation on a home by a large margin, and just focus on student debt (if they have any) for now.
      And when they are ready to buy a home in 5 to 10 years, they will likely have more than enough for a 50% down payment on a home in most US market places.
      Besides, telling them to buy a house over renting is the same thing as to buy a home when they don't want to or aren't ready to buy one yet, and that will be much more mental burden then a mortgage or worrying about raising rent.
      Its better to just invest that money, and wait till they have enough to buy a home in cash or do a huge down payment.

    • @TEPVY1920
      @TEPVY1920 หลายเดือนก่อน

      It really wouldn’t change much for him. He is still paying rent anyways. That rent money will be used as mortgage payment, so he will be investing as much or just a little less

  • @RonaldPaul-rs6kt
    @RonaldPaul-rs6kt หลายเดือนก่อน +1071

    A lot of news have been going on about a rally after the election, urging investors to watch out for stocks that would be experiencing significant growth. Any idea which stocks to put on my watchlist?

    • @CrystalJoy-32
      @CrystalJoy-32 หลายเดือนก่อน +4

      the market has been a basket of surprises lately, it's better to abide by professional guidance

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

      Such uncertainties are the reason I don’t base my judgement on a ''heresay'' 2020 had me holding trash stocks, but thankfully revamp my portfolio through the aid of a pro before seeing significant gains. To date, I've scaled up nearly 320% ROI. it's been 4 years and counting. I and my advisor are working on a 7 figure ballpark goal and we're not far.

    • @DennisJack-km8ho
      @DennisJack-km8ho หลายเดือนก่อน +3

      good gains! does your advisor work with any specific persons? I once saw on the news folks that made fortunes from the Dotcom crash, as well as the 08’ crash and I’ve been looking into similar opportunities in this present markt

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

      I’m cautious about giving specific recommendations as everyone's situation varies. You may consider independent financial advisors like "Amber Michelle Smith" I've worked with her for over 4 years now and I'd gladly commend her exemplary service on a public post.

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

      Glad to have stumbled upon this, curiously inputted her on the web, easily spotted her consulting page and was able to schedule a call session. Ive seen commentary about advisers but not this phenomenal

  • @Ballesteros-d
    @Ballesteros-d หลายเดือนก่อน +110

    60% equities 40% cash. I plan to take advantage of the current market situation as leading indicators predict a bullish S&P 500 by 2025, my only concern is how to properly allocate a large stock/bond portfolio for maximum potential returns.

    • @cortez9978
      @cortez9978 หลายเดือนก่อน +1

      I don’t see a problem fully invested into stocks as long as you know what you're doing, whereas it's best to consider advisory services

    • @Marquis-9
      @Marquis-9 หลายเดือนก่อน +1

      Agreed, investing with the help of an advisor did the trick for me in barely 5 years. I worked hard everyday as a teacher for 32 years and my salary was over 100k, enough to get me invested. I'm semi-retd today with nearly $1m, and only work 7.5 hours weekly.

    • @SandraJ.Aleman
      @SandraJ.Aleman หลายเดือนก่อน +1

      @@Marquis-9 how to put my money to work has been my daily thought, did my research and most suggestions pointed at the stock market, the thing is i'm an absolute noob at investing... mind sharing info of this professional guiding you please?

    • @Marquis-9
      @Marquis-9 หลายเดือนก่อน +2

      Sophia Verdekal O'neal is is the licensed advisor I use. Just google the name. You’d find necessary details to work with and set up an appointment. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.

    • @SandraJ.Aleman
      @SandraJ.Aleman หลายเดือนก่อน +1

      thanks for sharing, I must say Sophia appears to be quite knowledgeable... just inputted her full name on the web and at once came across her consulting page, she seems impeccable

  • @MichaelCarrPilot
    @MichaelCarrPilot หลายเดือนก่อน +48

    No blog style over explaining back story - just 45 second and this guy asked the question, laid out all the finances out. He doesn’t need Dave’s canned advice, he likely already has a plan.

    • @logdon17
      @logdon17 หลายเดือนก่อน +4

      Not to mention, Dave totally missed the point of the call which was to cut their income in half so the wife could stay at home.

    • @nba_fan7214
      @nba_fan7214 10 วันที่ผ่านมา

      @@logdon17 Also Dave just says to buy a house in Texas. Like what if he and his wife don't live anywhere near Texas and have no desire to move there? Such strange advice

  • @tonysilke
    @tonysilke หลายเดือนก่อน +1222

    I am at the beginning of my "investment journey", planning to put 85K into dividend stocks so that I will be making up to 30% per year in dividend returns. Any advice?

    • @Nernst96
      @Nernst96 หลายเดือนก่อน +1

      Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.

    • @PatrickLloyd-
      @PatrickLloyd- หลายเดือนก่อน +1

      Yes, I agree. I use a financial advisor too. Same person since 2020. I don't worry about whether the economy is going up or down or sideways. I always ride through.

    • @PhilipDunk
      @PhilipDunk หลายเดือนก่อน +1

      Who is this person guiding you and how can i reach he/she?

    • @PatrickLloyd-
      @PatrickLloyd- หลายเดือนก่อน +1

      Sharon Ann Meny is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

    • @PhilipDunk
      @PhilipDunk หลายเดือนก่อน +1

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

  • @alexm260
    @alexm260 หลายเดือนก่อน +97

    Dave “Be weird, don’t do what most people do.”
    Guy saves and invests 60% of his income but rents… “That’s weird, you should reduce your investing from 60% to 15% and buy a house cause that’s what most people do.”

    • @mhodge0890
      @mhodge0890 หลายเดือนก่อน +10

      I know right

    • @Tom.A.
      @Tom.A. หลายเดือนก่อน +15

      He didn't say that's what most people do (most people can't afford a home). He said that's what most of the millionaires in his study do.

    • @Primitive_Code
      @Primitive_Code หลายเดือนก่อน +1

      You must be worth a million dollars...NOT.

    • @zachjones2346
      @zachjones2346 หลายเดือนก่อน +4

      That's not what most people do. That's what most MILLIONAIRES do.

    • @alexm260
      @alexm260 หลายเดือนก่อน

      @@zachjones2346 And anyone with a basic understanding of investing will realize that if one chooses to rent while they are young and invest tens or hundreds of thousands of dollars while in their 20's, they will end up with significantly more money in the long run than if they focused on buying a house early "just because." Dave even concedes his plan is not intended to optimize net worth.

  • @glen46823
    @glen46823 หลายเดือนก่อน +48

    No, I'm investing 53% because I hate working and want to retire as young as possible.

    • @blackworldtraveler3711
      @blackworldtraveler3711 หลายเดือนก่อน +4

      Indeed.
      My goal was to work less and smarter with higher pay, live within means, save/invest more,take more time off without pay, and retire debt free before 50.
      All done.

    • @lawv804
      @lawv804 หลายเดือนก่อน +7

      Same here. I've been pretty consistently investing $5k/month. I'm 42yo and single, and hoping to be retired in an affordable foreign country in the next 5 years. I'm not working until I die like my father did.

    • @valarmorghulis4801
      @valarmorghulis4801 หลายเดือนก่อน +2

      ​@lawv804 yea not everybody wants to retire here. The one size fits all with the home ownership stuff shouldnt be standard

    • @alexc5369
      @alexc5369 หลายเดือนก่อน

      Why not take the steps towards finding more meaningful work to you?

    • @kevins5268
      @kevins5268 หลายเดือนก่อน +1

      Hope your taking some of that investment for rice and beans. That's where this economy is headed regardless of presidential outcome. 35 trillion in debt and banks leveraged 700% more than they were in 2008.

  • @ClemonSteve
    @ClemonSteve 20 วันที่ผ่านมา +284

    I Believe investors should always put their money in good use, especially next year(2025), we'll start to see more market diversification. I'm hoping to invest at list $750k of my savings in stocks this coming 2025 year. Hope to make good return's in millions this next coming year 2025.

    • @EbrahamAljalil
      @EbrahamAljalil 18 วันที่ผ่านมา

      My concern is whether I can continue to sustain my standard of living with $550k and avoid outliving my savings. Every withdrawal makes me a bit unsettled

    • @ClemonSteve
      @ClemonSteve 18 วันที่ผ่านมา

      @@EbrahamAljalil I'm approaching retirement and having a financial advisor has been helpful. I started investing later than most, so relying on compound interest from Etf's or bonds alone wasn’t enough for me. Despite that, I’ve managed to do well and am on track to retire with around $2 million

    • @EbrahamAljalil
      @EbrahamAljalil 18 วันที่ผ่านมา

      @@ClemonSteve It’s worth noting that luck often plays the significant role in some cases, sometimes even more than the resources involved. Without it, its challenging

    • @ClemonSteve
      @ClemonSteve 18 วันที่ผ่านมา

      @@EbrahamAljalil luck plays a part, especially in the short term. I noticed that when results remain consistent, it indicates something more than just luck. research was the challenge until It led to Julie Ann Lerch, a fund manager. her strategy made sense, it contributed to growing 950k into this and counting

    • @EbrahamAljalil
      @EbrahamAljalil 18 วันที่ผ่านมา

      @@ClemonSteve Thanks. I searched her webpage and it popped up, and I have sent her an email. I hope she gets back to me soon. Cheers!

  • @fauxbro1983
    @fauxbro1983 หลายเดือนก่อน +41

    You dont need to buy a house so soon. In todays economy you really cant say you'll live in a city/town from 20s to retirement. Continue to live like minimalists

  • @IamJonny-o4v
    @IamJonny-o4v 18 วันที่ผ่านมา +2629

    As a soon retiree, keeping my 401k on course after a rocky 2022 is top priority. I have been reading of lnvestors making up to 250k ROI in this current crashing market, any recommendations to scale up my ROI before retirement will be highly appreciated

    • @JacobsErick-u8r
      @JacobsErick-u8r 18 วันที่ผ่านมา +2

      sure there are loads of ways to make a killing right now, but such high-volume near impeccable tradess can only be carried out by real-time experts.

    • @richardhudson1243
      @richardhudson1243 18 วันที่ผ่านมา +3

      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 awhile now mostly cause I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, I nettd over $220K during this dip, that made it clear there's more to the market that we avg joes don't know

    • @winifred-k9e
      @winifred-k9e 18 วันที่ผ่านมา +2

      Please can you leave the info of your lnvestment advsor here? I’m in dire need for one

    • @richardhudson1243
      @richardhudson1243 18 วันที่ผ่านมา +2

      Melissa Terri Swayne 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

    • @LUCIASMITH-d1z
      @LUCIASMITH-d1z 18 วันที่ผ่านมา +2

      I looked up her full name online and found her page. I emailed and made an appointment to talk with her.

  • @Jerryrollins78
    @Jerryrollins78 หลายเดือนก่อน +286

    Buying Bitcoin or Gold are the absolute best hedges against hyperinflation.

    • @JosmyAlzaeem
      @JosmyAlzaeem หลายเดือนก่อน +2

      Not buying bitcoin would be a stupid thing to do, Not holding any gold would also be a stupid thing

    • @stevenvan5104
      @stevenvan5104 หลายเดือนก่อน +1

      Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing in bitcoin is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.

    • @Lilianoleary997
      @Lilianoleary997 หลายเดือนก่อน

      Market fluctuations have frustrated my previous attempts at stock/crypto investing. Ready to pivot to passive income, I'd love to learn from your journey. Share your expertise and guidance, and help me overcome my past setbacks to achieve financial stability and success

    • @stevenvan5104
      @stevenvan5104 หลายเดือนก่อน +1

      Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience. If you're new to investing or don't have much time, it's best to get advice from an expert.

    • @stevenvan5104
      @stevenvan5104 หลายเดือนก่อน +2

      If you don't want to crash and burn, you should seek the advice of a fiduciary counselor when you first start out. Fiduciary-counselors have exclusive information and data paths that are not available to the general public. Understanding the direction of my Fiduciary-counselor *Tracy Britt Cool Consulting*

  • @pirate254
    @pirate254 หลายเดือนก่อน +18

    It might be too much but it's a heck of a lot better than investing 0% like most people are doing

  • @t206kid
    @t206kid หลายเดือนก่อน +23

    Not all rents are raised each year and your home payment is never fixed. I've had my home for 6 years and every year the payment goes up because of insurance and taxes

    • @imveryhungry112
      @imveryhungry112 หลายเดือนก่อน +5

      @t206kid plus over time the house decays so you have to spend money for it to maintain its value.

    • @daspeed198
      @daspeed198 หลายเดือนก่อน +1

      rent doesn't go up every year correct, but it still only goes up. Just depends on your landlord, some will do a few years worth of increases in one go.

  • @gregorywhem
    @gregorywhem 9 วันที่ผ่านมา +1288

    There's no too much in investing. I run a successful restaurant and I make up to 700k a year in profit. I've started investing in the stock market and this video really helped elucidate some things. I want to diversify to digital currencies but I'm not sure how to go about it. Any recommendations?

    • @BarryWhite-h9m
      @BarryWhite-h9m 9 วันที่ผ่านมา +2

      Wow, that's a cash cow. Congrats. I had some difficulties two years ago when I wanted to invest some money in the digital cryptocurrencies, but I started with a CFP and investment just feels really easy since then and I've also made a lot of profit.

    • @NormanGhali
      @NormanGhali 9 วันที่ผ่านมา +1

      I agree. I work with a CFP who has a good understanding of both the digital market and stock market. These days experts who have an all-round understanding are in short supply. This last quarter alone I've already made more than 150k in net profit.

    • @Redwood4040
      @Redwood4040 9 วันที่ผ่านมา

      I've been considering getting one, but haven't been proactive about it. Can you recommend your advisor? I could really use some assistance.

    • @NormanGhali
      @NormanGhali 9 วันที่ผ่านมา

      Marissa Lynn Babula is the advisor I use. And her performance has been consistently impressive for me and my other friends she manages portfolios for. You could look her up yourself if you're interested in reaching her.

    • @gregorywhem
      @gregorywhem 9 วันที่ผ่านมา

      Thanks a lot for the recommendation. Very thoughtful. I'll look her up and I hope I'm able to connect with her.

  • @marypeggy8172
    @marypeggy8172 20 ชั่วโมงที่ผ่านมา +27

    Being in discord and starting trading is literally changing my life. I started with a small $5,000 account but i have got up to $41,600 in two week! Big growth for me...🔥🔥

    • @lisamiller8566
      @lisamiller8566 20 ชั่วโมงที่ผ่านมา

      Congrats bruh🎉.. How can I make good profits as a beginner starting with $10,000? I'm open for ideas _i just started and have no clue on how to profit, my money just sitting there.

    • @marypeggy8172
      @marypeggy8172 19 ชั่วโมงที่ผ่านมา

      I discovered Daniel Adams through a recommendation on ABC News, and I've been following his lead ever since. Honestly, I was skeptical about entrusting someone with my financial growth, but I'm thrilled that I took the leap.

    • @tonybailey89-z2h
      @tonybailey89-z2h 19 ชั่วโมงที่ผ่านมา

      Such information we don't get from most TH-camrs, how do I connect him?

    • @marypeggy8172
      @marypeggy8172 19 ชั่วโมงที่ผ่านมา

      Yes, I have his face book name⬇️

    • @marypeggy8172
      @marypeggy8172 19 ชั่วโมงที่ผ่านมา

      Daniel Adams Bailey

  • @darrenjackson1981
    @darrenjackson1981 หลายเดือนก่อน +27

    He should keep investing aggressively period.

    • @melanieb2132
      @melanieb2132 หลายเดือนก่อน +2

      If he wants to keep his wife and have a baby, then he should get a house.

    • @michaellong5672
      @michaellong5672 หลายเดือนก่อน

      @@melanieb2132 Not sure why you or Dave jumped to the conclusion and think he not going to buy a house. That is probably why he is living on $60K and saving $85k. In 2 years he will have a big fat down payment. The couple is already thru baby steps 1-4 and are recently married. They are killing it!

    • @nichtsistkostenlos6565
      @nichtsistkostenlos6565 หลายเดือนก่อน

      He should be saving for a house and investing 60% of your income is ridiculous overkill. If you're debt free, you should enjoy your money and be charitable, especially when you're young.

    • @ZippyLikesZippers
      @ZippyLikesZippers 2 วันที่ผ่านมา

      ​@@nichtsistkostenlos6565why throw away those early years of compounding interest that you can never get back? Being charitable in your 20s is fantasy for most.
      Live below your means, invest what you can, and keep a little on the side for fun. When you're retired you'll have a huge nest egg which will keep paying out of invested correctly.

  • @sirheisenberg4459
    @sirheisenberg4459 หลายเดือนก่อน +127

    Every week I buy more of whatever is the lowest percentage of my portfolio and try to keep everything around 10%. Please what could be my safest buys with $400k to outperform the market in 2024?

    • @mariahudson9939
      @mariahudson9939 หลายเดือนก่อน +2

      I'd avoid the index funds, mutual funds, or specific stocks for the time being. The 5% fixed incomes are the safest bet for now. Save your cash for when the market actually shows sign of recovery.

    • @Tanner-c2m
      @Tanner-c2m หลายเดือนก่อน +1

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

    • @type-r3x
      @type-r3x หลายเดือนก่อน +1

      This is definitely something I will consider! think you could suggest any professional/advisors i can get on the phone with? I'm in dire need of proper portfolio allocation

    • @Tanner-c2m
      @Tanner-c2m หลายเดือนก่อน +1

      REBECCA NASSAR DUNNE is her name. She is regarded as a genius in her area and works for Equity Services inc. She’s quite known in her field, look-her up.

    • @vanessahopkins-g5y
      @vanessahopkins-g5y หลายเดือนก่อน

      Thanks for this. Found her and looked through her credentials before contacting her. Once again many thanks.

  • @raymondowens8848
    @raymondowens8848 หลายเดือนก่อน +12

    If they can invest 60% of their income, they are probably paying their apartments rent out of the 40%. So they could probably just transfer that money into buying a home and still put close to 60% in investments. That’s an awesome plan. It is much easier to live the life that is going to be financially advantageous for them if they’re making about $200,000 already. That’s fantastic

    • @SnifferSock
      @SnifferSock หลายเดือนก่อน +1

      I think everyone including Dave missed this. Even if he has to cut investing down to 45% he's still doing amazing!

    • @thebes118
      @thebes118 หลายเดือนก่อน

      Much easier to move also.

  • @livingunashamed4869
    @livingunashamed4869 หลายเดือนก่อน +49

    I would keep investing and see how fast I could FIRE.

    • @RafalTraveler
      @RafalTraveler หลายเดือนก่อน +3

      Exactly. Own house is not a money making asset. The caller is now supercharged and Dave is kinda pulling him down.

    • @imveryhungry112
      @imveryhungry112 หลายเดือนก่อน +1

      @livingunashamed4869 not everybody even wants to but a house

    • @tcgtpl
      @tcgtpl หลายเดือนก่อน

      Dave & the Ramsey Team are against FIRE because they believe it means you won’t do anything other than play golf & sleep if you don’t slave away at a job until you’re too old & broken down to do anything.

    • @timinator20o0
      @timinator20o0 หลายเดือนก่อน

      ​@@RafalTravelerobjectively wrong

    • @RafalTraveler
      @RafalTraveler หลายเดือนก่อน +1

      @@timinator20o0 what do you mean? if you buy a house and rent it out it is money making otherwise it is an expense (not an investment, a speculation maybe) and with morgage it's even higher a expense. + not every one has or wants a house.

  • @peternicholas-j3s
    @peternicholas-j3s หลายเดือนก่อน +3

    Taxes , home insurance and house maintenance has entered the renting chat room ! In this world we never get the chance to own anything . We pay bills and taxes until the end and if were lucky we don't leave any of our debt to our kids .

  • @kongab2025
    @kongab2025 หลายเดือนก่อน

    Videos like this is what motivates me to keep going down the path ive chosen to be free of debt. God bless you Dave Ramsey and everyone that works with you.

  • @kortyEdna825
    @kortyEdna825 หลายเดือนก่อน +4

    80% stocks 20% cash. I plan to take advantage of the s&p 500 as leading indicators predict above 10% rise by this year, my only issue is how to properly allocate a large $5m stock/bond portfolio for substantial gains at minimum risk of inflation.

    • @KaurKhangura
      @KaurKhangura หลายเดือนก่อน +1

      I believe that diversifying your investments is the safest way to handle it. One way to lessen the effects of a market crisis is to distribute investments over a variety of asset classes, such as international equities, bonds, and real estate. It's critical to look for expert advice.

    • @brucemichelle5689.
      @brucemichelle5689. หลายเดือนก่อน +1

      Accurate asset allocation is crucial, and some individuals use hedging strategies or allocate part of their portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in returns on invest-ments.

    • @NicholasHarmon-ow3jl
      @NicholasHarmon-ow3jl หลายเดือนก่อน +1

      Fantastic! That sounds wonderful. How can I get in touch with your financial supervisor?

    • @brucemichelle5689.
      @brucemichelle5689. หลายเดือนก่อน +1

      ‘’Aileen Gertrude Tippy’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.

    • @NicholasHarmon-ow3jl
      @NicholasHarmon-ow3jl หลายเดือนก่อน +1

      Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

  • @mikegiddens9694
    @mikegiddens9694 หลายเดือนก่อน +2

    It doesn't matter, you can pay off your home, but your property taxes will also go up year after year. I live in TX & I'm paying almost $9000 a year in property taxes, that's more than my mortgage.

  • @jakeb.3903
    @jakeb.3903 หลายเดือนก่อน +4

    They stopped cut the caller off too soon without getting all the facts. They are making a ton of assumptions that she will want a house (although they are probably right). If they don't like fixing stuff, mowing lawn, yard work etc. buying a house might not be right for them.

    • @huebothedog665
      @huebothedog665 หลายเดือนก่อน +1

      Very early in their careers too. What if they need to move for him to have a higher income so she can be a stay at home mom?

  • @AK-py1ds
    @AK-py1ds 2 วันที่ผ่านมา

    I own multiple properties and I see both sides of the equation. Home ownership is incredibly expensive, Water heaters blow, AC's go out, plumbing blockages, roof replacements. Totally worth it all especially if you can pay that house off or buy in the right time in an up and coming area. The equity you gain makes all the expenses worth it

  • @rockersamurai
    @rockersamurai หลายเดือนก่อน +8

    Dave’s recommendation will 100% make this young couple’s net worth much lower in the future. You don’t need to buy a home. Run the numbers. A $1 invested at his age will be almost $88 when he retires.

    • @Cormonkey18
      @Cormonkey18 หลายเดือนก่อน

      Buying a home now and paying it off faster allows for more investment income which will grow even faster. It's not hard to understand

    • @xKeville
      @xKeville หลายเดือนก่อน

      $88? lmao more like $15

    • @lepoj
      @lepoj หลายเดือนก่อน +4

      ​@@Cormonkey18Not true. With as young as the caller is, investing now means more time for compound growth

    • @alexm260
      @alexm260 หลายเดือนก่อน

      @@Cormonkey18You are just regurgitating Dave’s shtick uncritically and have clearly not looked at any numbers.

    • @Cormonkey18
      @Cormonkey18 หลายเดือนก่อน

      @@alexm260 have you?

  • @cassnate6259
    @cassnate6259 หลายเดือนก่อน +7

    My biggest issue with Dave is that he takes a one-size-fits-all approach. Doesn't even ask the reason why they're in an apartment right now or what their longer term plan is. It's all about the big study.

  • @hannahbrownnn
    @hannahbrownnn หลายเดือนก่อน +778

    I've always been fascinated by how top investors achieve millionaire status through their investments. Currently, I'm sitting on $345K from a home sale and I'm torn between investing in stocks or holding out for a better opportunity?

    • @jessieyoung-szn
      @jessieyoung-szn 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.

    • @allisonbutlerj
      @allisonbutlerj 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 หลายเดือนก่อน

      I'm scared about retirement as I turn 60 on my next birthday. I need to ensure I have enough money to survive on. How can I consult your advisor? My retirement account isn't performing well.

    • @allisonbutlerj
      @allisonbutlerj 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.

    • @KevinEvans-mq4ob
      @KevinEvans-mq4ob หลายเดือนก่อน

      I just Googled her name and her website came up right away. It looks interesting so far. I sent her an email and i hope she responds soon.

  • @johneliss
    @johneliss 24 วันที่ผ่านมา +211

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

    • @BroxsonDeighan
      @BroxsonDeighan 24 วันที่ผ่านมา +1

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

    • @Arlingtongeorge
      @Arlingtongeorge 24 วันที่ผ่านมา

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

    • @ZahirFriedman
      @ZahirFriedman 24 วันที่ผ่านมา

      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

    • @stephaniebeddis8069
      @stephaniebeddis8069 24 วันที่ผ่านมา

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

    • @DianaLinden-l6q
      @DianaLinden-l6q 24 วันที่ผ่านมา

      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

  • @laurenstewartd
    @laurenstewartd หลายเดือนก่อน +185

    I Hit 110k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. thanks to Brooke Grace Miller for helping me achieve this

    • @AdolphusAupry
      @AdolphusAupry หลายเดือนก่อน

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

    • @MorelaKagarise
      @MorelaKagarise หลายเดือนก่อน

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

    • @AdamKotlicki
      @AdamKotlicki หลายเดือนก่อน

      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.

    • @GrozaGroza-ko7fn
      @GrozaGroza-ko7fn หลายเดือนก่อน

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

    • @GertonTootle
      @GertonTootle หลายเดือนก่อน

      I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills

  • @kalebbruwer
    @kalebbruwer หลายเดือนก่อน +2

    The upper limit I would set is you don't want to save up for the rest of your life. There's nothing wrong with aggressively saving for a limited time. Especially if interest rates are high. I (not American) am in a situation where, without a large deposit, rent for an apartment is genuinely lower than the interest payments on a house would be, at least for the first few years.

  • @bradycone
    @bradycone หลายเดือนก่อน +6

    Dave totally missed it on this one. The guy never said that they were planning on staying in the apartment forever. I don't know why Dave assumed that. They just got married and they just finished college. Dave always tells people to not be in a rush to buy a house, especially in the first year of marriage.
    Yes, have a down payment as part of your savings. But these people are newly weds, making 200K, doing incredible, and planning to make sure the wife can stay home when they have kids. They are doing incredible! Dave should have been celebrating them.

    • @thebeautifulmanclub3790
      @thebeautifulmanclub3790 หลายเดือนก่อน +2

      This guy called up patting himself on the back and he realized quickly he skipped over a major financial concern.

    • @jillbowe9021
      @jillbowe9021 หลายเดือนก่อน

      😅

  • @joefroelich4934
    @joefroelich4934 หลายเดือนก่อน +2

    My house payment goes up every year because of insurance and taxes. It has gone up $350 in the last 7 or 8 years.

  • @emilymccord7063
    @emilymccord7063 หลายเดือนก่อน +24

    I am from Miami United State🇺🇸, The difference Mrs Lucy Mary Liam makes in my life is second to none it's definitely a life changing kindness. I really appreciate her effort in my life.

    • @watson244
      @watson244 หลายเดือนก่อน

      I invested $2,000 and the trade in one month making close to $20,000. I wonder where she got her analysis.

    • @macdenise3203
      @macdenise3203 หลายเดือนก่อน

      Seeing my broker talked on TH-cam, This was exactly how I got the recommendation about her for the past years. Hit $200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with $20k in July 2024

    • @carlosalberto54754
      @carlosalberto54754 หลายเดือนก่อน

      I'm from Brazil 🇧🇷 I and two other of my friends tried her immediately we testified her performing wonders.

    • @georgemattocks
      @georgemattocks หลายเดือนก่อน

      Her good strategies of making large amount weekly profits for her clients are totally outstanding. Investing my $1500 with doubt and withdrawing $12,300 with happiness. I ❤️ you Lucy.

    • @chrismadison5085
      @chrismadison5085 หลายเดือนก่อน

      Thanks to my co_worker who suggested Mr Lucy Mary Liam to me

  • @anthonybrown06
    @anthonybrown06 หลายเดือนก่อน +1

    The Caller has it dialed in. His way does risk burnout but his plan works amazingly. Especially because you don’t know where h will want to live.

  • @RafalTraveler
    @RafalTraveler หลายเดือนก่อน +7

    Please do the math. dont blindly follow this advice since taking debt is always limiting your options and putting more risk into your life. If cost of mortgage (cost not full payment) is higher than your rent minus interest on the money you are able to save by not buying yet DONT DO THIS! Dave is a great authority and I have a great respect for him but he's not ALWAYS right. In my opinion not this time.

  • @JesseMayhill
    @JesseMayhill หลายเดือนก่อน +779

    I am an active Navy captain and have been investing for a few years. I have reached a point where I could benefit from financial advice to improve my $160,000 portfolio, which seems to be stagnant, and to maximize the return on my investments.

    • @Bunnydrille
      @Bunnydrille หลายเดือนก่อน +1

      You didn't provide detailed information about your portfolio makeup. However, I recommend seeking guidance from a financial advisor for a well-informed portfolio restructuring.

    • @Frankweily
      @Frankweily หลายเดือนก่อน +3

      De-risk your portfolios, shore up your core holdings, and take some profits while balancing your portfolio allocations. I’d also suggest you go with a managed portfolio, but even those don’t perform so well, so it’s best you reach out to a fiduciary financial advisor to guide you, that’s what works for my wife and I. It's been 6 years now and we've grown our portfolio to $1m.

    • @Madridstrat
      @Madridstrat หลายเดือนก่อน

      Your advisor seems competent. Could you share how I can reach out to them? I've recently sold some property and i am interested in investing in stocks.

    • @Frankweily
      @Frankweily หลายเดือนก่อน +5

      Melissa Elise Robinson is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

    • @Madridstrat
      @Madridstrat หลายเดือนก่อน

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

  • @LyricalTampon
    @LyricalTampon หลายเดือนก่อน +13

    Dave just gave this kid unhinged advice, even down to the Texas advice...just completely insane.

  • @topsykretts2264
    @topsykretts2264 หลายเดือนก่อน +2

    One of the best things to have in your retirement is a paid off home. Sure you still have maintenance and insurance but that’s very little compared to paying rent every month. Don’t buy a home while you’re broke though. Go through the Baby Steps in order.

  • @JasperOFlanigan-fb5lv
    @JasperOFlanigan-fb5lv หลายเดือนก่อน +4

    There was a homeless guy in Australia who got famous because he was investing 100% of his income. They revealed he had 100s of thousands of dollars in the bank but lived on the streets.

    • @timothy8142
      @timothy8142 หลายเดือนก่อน +1

      That's so funny. I dated a girl years ago who worked at a bank. She told me a story of this guy who would stand outside near the bank everyday with a coffee cup begging for change. Then he would go inside and deposit the money in the bank. She's like "This guy has a lot of money. You don't even know."

  • @xlerb2286
    @xlerb2286 หลายเดือนก่อน +1

    A house isn't exactly a zero expense option, but it's likely the best approach considering both lifestyle and value appreciation. In areas with a sane housing market renting and investing the difference between that and a mortgage payment will end with similar or better returns when renting. But there's so many nice things about having your own place that tips the scales for me.

  • @robertmilik3781
    @robertmilik3781 26 วันที่ผ่านมา +1

    Just what I needed to watch.
    My wife and I are directors of our farm business and own property, plus small pensions. I am nearly 55, my wife is 52.
    We have started to save to retire from the farm, and possibly live on rental income, I'd really appreciate you go LIVE and talk about how to earn passive income online and retire comfortably, let’s say $1M.

    • @AbrahamRenninger
      @AbrahamRenninger 26 วันที่ผ่านมา

      Consider Increasing your exposure to interest rate-sensitive sectors like REITs and utilities, and maintaining or slightly increasing holdings in growth sectors like technology and consumer discretionary. For tailored advice, consider consulting a financial advisor.

    • @RupertOakeson
      @RupertOakeson 26 วันที่ผ่านมา

      Accurate asset allocation is crucial, and some individuals use hedging strategies or allocate part of their portfolio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay financially secure for over five years, yielding nearly $1 million in returns on investments.

    • @chrisjordan8882
      @chrisjordan8882 26 วันที่ผ่านมา

      I've been getting suggestions to use one, but where and how to find one has been challenging, Can i reach out to the one you use?

    • @RupertOakeson
      @RupertOakeson 26 วันที่ผ่านมา

      'Sonya Lee Mitchell’, 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.

    • @CordeliaBurkett
      @CordeliaBurkett 26 วันที่ผ่านมา

      Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

  • @soonermagic24
    @soonermagic24 วันที่ผ่านมา

    Dave’s right.. I have a beautiful home, and I don’t even care about the house. All I need is a nice outdoor living space with a fire pit. I absolutely love spending time outside. I don’t even go inside unless it’s dark or cold

  • @alexm260
    @alexm260 หลายเดือนก่อน +18

    This guy only said his goal was for his wife to be a stay at home mom at some unspecified point in the future. Telling him to reduce his investing from 60% down to 15% as “the most efficient” way to get to his goals absolute buffoonery.

    • @LegDayLas
      @LegDayLas หลายเดือนก่อน

      If they really wanted to they could prob have her quit now and get by. Assuming they both pull the same salary, cutting her hald would mean there 40% expenses become 80% expenses (half the income). That leaves 20% for saving.
      Not saying that's smart, just that it's technically already an achievable option for them.

  • @MPD90
    @MPD90 15 วันที่ผ่านมา +2

    The sheer number of bot conversation on any finance related video, recommending scammer contacts as financial advisors, is staggering. TH-cam really need to get better at filtering this crap!

  • @Margarita33-r7v
    @Margarita33-r7v หลายเดือนก่อน +35

    Hit 250k today. Appreciate you for all the knowledge and nuggets you had thrown my way over the last months. Started with 24k in July 2024

    • @Margarita33-r7v
      @Margarita33-r7v หลายเดือนก่อน

      This must be an investment with Mrs Geraldine Ann Philip

    • @Kennedy-z4v
      @Kennedy-z4v หลายเดือนก่อน

      ⠀ She helped me recover what I lost trying to trade myself

    • @Kennedy-z4v
      @Kennedy-z4v หลายเดือนก่อน

      Geraldine Ann Philip understanding the market indicators is impressive. She knows exactly when to enter and exit trades for maximum profits. her siignals are top notch

    • @PedroFontana-h1x
      @PedroFontana-h1x หลายเดือนก่อน

      I think I'm blessed,because What impresses me most about Geraldine Ann Philips is how well she explains basic concept of winning before actually letting you use her trade. This goes a long way to ensure winning trades

    • @Anderson33-y8l
      @Anderson33-y8l หลายเดือนก่อน

      I think I'm blessed,because What impresses me most about Geraldine Ann Philips is how well she explains basic concept of winning before actually letting you use her trade. This goes a long way to ensure winning trades

  • @StasiaAleen
    @StasiaAleen หลายเดือนก่อน

    Ken for the win! A wife will run with anything. A mom wants stability, safety, and dependability for her babies.

  • @imveryhungry112
    @imveryhungry112 หลายเดือนก่อน +44

    I love dave but I don't think this call was one of his best. The dudes investing 60 percent of his income but dave Says you need to buy a house to achieve your goals? Makes no sense.😂

    • @mhodge0890
      @mhodge0890 หลายเดือนก่อน +11

      People always ignore the extra cost a house comes with

    • @megalodon1726
      @megalodon1726 หลายเดือนก่อน

      Dave says he should have that 60% towards a down payment, then use it to buy a house. After that, use spare cash to pay down the mortgage.

    • @imveryhungry112
      @imveryhungry112 หลายเดือนก่อน

      @@megalodon1726 buying a house isn't necessary to become a millionaire if a family is investing 60 percent of their income into low cost index funds

    • @dog7881
      @dog7881 หลายเดือนก่อน

      @@mhodge0890No one is ignoring them. If you’re house is paid off that takes a huge load when you’re retired with a huge nest egg instead of paying rent that goes up every year.

    • @neeferpd
      @neeferpd หลายเดือนก่อน +2

      Standard Dave video which is why I'm not a big fan. He has to stick to his cookie cutter rules so he can sell more books about his cookie cutter rules. He also doesn't let his callers speak so that he CAN stick to his rules. I would love to hear more from the callers. Like with this dude, maybe he and wifey think they might relocate in a year or two. But Dave won't ask this kind of stuff so he can just regurgitate his baby steps to make them look like the perfect answer every time.

  • @teramedia7333
    @teramedia7333 หลายเดือนก่อน +2

    I didn't hear anything about taxes. If your gross income is 200k pretax, and you are taking out 60k for pretax stuff, then your fed income taxes on 140k should be substantial. 60% of 200k is 120k, leaving 80k for the taxes on the 140k, 60k more investment, and all living expenses. That math doesn't support the stated actions.

  • @UtotheJ
    @UtotheJ หลายเดือนก่อน +16

    Ramsey's advice in this whole video is a prime example of how to stay middle class forever. Dave Ramsey teaches bums how to stay out of debt, NOT intelligent people to be wealthy

    • @alexc5369
      @alexc5369 หลายเดือนก่อน

      Dave has followed his own advice and is a multimillionaire.

    • @dudeorduuude5211
      @dudeorduuude5211 หลายเดือนก่อน

      ​@@alexc5369his was luck. Clearly he has worked hard, but famous and rich involves luck.

  • @Nite_coder
    @Nite_coder หลายเดือนก่อน +2

    Sure, look at that home value 15 years ago, but also take a look at the QQQ and the S&P 500, one of them basically keeps up with inflation except for crazy housing Inflation caused by a once in a lifetime pandemic. And the other one has returns well in-excess of inflation

    • @ConradEaton
      @ConradEaton 17 วันที่ผ่านมา

      Don’t forget bitcoin 100k in bitcoin in 15 years be well over 1.5 million

  • @emoney1231
    @emoney1231 หลายเดือนก่อน +6

    Leave it to Dave to make incorrect assumptions based off his study. Did he find that those who invested 15% had higher wealth than those who invested more? Absolutely not. Did it find that less than half of millionaires aged 45-54 had a paid-for residence? Yes.

  • @Raven317
    @Raven317 14 วันที่ผ่านมา

    Clearly this guy knows how to live while saving a great amount of his income. 60% is *great* and in a few years compound growth should help with the down-payment for a house. That's what I did and it worked out well.

  • @JustinCase780
    @JustinCase780 หลายเดือนก่อน +6

    Why assume that they are having kids tomorrow? And, why assume that they may not want to buy in another location when they do make a family? Time is on their side to do both.

    • @nickstark8479
      @nickstark8479 หลายเดือนก่อน

      Could also like renting life at this time, so no need to expect immediate returns from investment. As long as your landlord is decent, it's relatively hassle free compared to managing your own properties cost, repairs and maintainance.

    • @bradycone
      @bradycone หลายเดือนก่อน

      Definitely. And Dave always tells newly weds to be patient in buying a house and wait until after the first year of marriage. This guy never said that they were planning on staying in a apartment forever. But they are newly weds and just finished college. Dave totally struck out on this call.

  • @machinesnmetal
    @machinesnmetal หลายเดือนก่อน +2

    I invested as much as I could until I reached my goal. Then I quit working and have been living off of the dividends since. This method has worked well for me.

    • @davidbrooks8809
      @davidbrooks8809 5 วันที่ผ่านมา

      But you're really not living off the dividends because you do know it's not extra cash😮😅

    • @machinesnmetal
      @machinesnmetal 5 วันที่ผ่านมา

      @davidbrooks8809 ? I don't understand your statement.

  • @Lourd-Bab
    @Lourd-Bab 26 วันที่ผ่านมา +263

    Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing below the $100k mark and in the first 2 months, my portfolio was reading $234,800. Crazy right!, I decided to reinvest a huge percentage of my profit and it got more interesting.! For over a year we have been working together making consistent profit just bought my second home at the beginning of summer.

    • @patrickhenandez
      @patrickhenandez 26 วันที่ผ่านมา

      Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks

    • @Lourd-Bab
      @Lourd-Bab 26 วันที่ผ่านมา

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

    • @patrickhenandez
      @patrickhenandez 26 วันที่ผ่านมา

      @@Lourd-Bab Oh please I’d love that. Thanks!.

    • @Lourd-Bab
      @Lourd-Bab 26 วันที่ผ่านมา

      @@patrickhenandez Suzanne Gladys Xander is her name .

    • @Lourd-Bab
      @Lourd-Bab 26 วันที่ผ่านมา

      Lookup with her name on the webpage.

  • @BowenChen-sh3sz
    @BowenChen-sh3sz 22 วันที่ผ่านมา

    This Daniel guy is a straight up league winner. Kudos to him.

  • @kevincasey1
    @kevincasey1 หลายเดือนก่อน +4

    Investing in alternative income streams that are independent of the government should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. Stocks, gold, silver, and virtual currencies are still attractive investments at the moment.

    • @wmwoods-l4f
      @wmwoods-l4f หลายเดือนก่อน +3

      It is recommended to seek the assistance of a financial advisor or broker to diversify your investment portfolio through the inclusion of commodities, inflation-indexed bonds, and stocks of financially stable companies, rather than relying solely on growth stocks with uncertain future earnings.

    • @j.ottinger
      @j.ottinger หลายเดือนก่อน +2

      Such market uncertainties are the reason I don’t base my market judgements and decisions on rumours and here-says, got the best of me 2020 and had me holding worthless position in the market, I had to revamp my entire portfolio through the aid of an advisor, before I started seeing any significant results happens in my portfolio, been using the same advisor and I’ve scaled up 950k within a year, whether a bullish or down market, both makes for good profit, it all depends on where you’re looking.

    • @karitanaw
      @karitanaw หลายเดือนก่อน +2

      I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you?

    • @j.ottinger
      @j.ottinger หลายเดือนก่อน +2

      My adviser is "'Annette Marie Holt" You can easily look her up. She has years of financial market experience and she is also FINRA & SEC verifiable.

    • @karitanaw
      @karitanaw หลายเดือนก่อน +1

      Thank you for this amazing tip. I verified her and booked a call session with her. She seems Proficient.

  • @mdaniels6311
    @mdaniels6311 หลายเดือนก่อน +1

    I invest about 50% of my income (my life is still comfortable). At this rate I will retire from full time work in about 2 years aged 40, and from then I will spend my time on my small business, part time teaching and thinking of doing a PhD in machine learning. Can't wait for this freedom......

  • @FaithAndrada-xo9ou
    @FaithAndrada-xo9ou 14 วันที่ผ่านมา +8

    As an investment enthusiast, I often wonder how top-level investors are able to become millionaires through investing. I have a significant amount of capital to start with, but I'm unsure about the strategies and direction I should take to help me generate substantial profits like some people are this season.

    • @BrewerVera
      @BrewerVera 14 วันที่ผ่านมา +3

      I’m not in a position to offer financial advice, but given the significant amount of capital you're working with, it would be wise to consult a financial advisor who can guide you in developing a strategy tailored to your goals and risk tolerance.

    • @martinheaway
      @martinheaway 14 วันที่ผ่านมา

      I agree. Based on my personal experience working with an investment advisor, I currently have $285k in a well-diversified portfolio that has seen exponential growth. It's not just about having money to invest in stocks; you also need to be knowledgeable, persistent, and have the strength to hold on during market fluctuations

    • @JaneClark7861
      @JaneClark7861 14 วันที่ผ่านมา +2

      That's impressive, my portfolio have been tanking all year, tried learning new strategies to gain in the current market but all of that flew right over head, please would you mind recommending the Adviser you're using

    • @martinheaway
      @martinheaway 14 วันที่ผ่านมา +5

      Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Lauren Camille Brown’’ for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.

    • @JaneClark7861
      @JaneClark7861 14 วันที่ผ่านมา

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

  • @DanRichter
    @DanRichter 4 วันที่ผ่านมา

    My rule is 50%. I could crank it as high as 75% but found that 50% is a nice even number that also gives me enough rewards to continue playing the game and avoid burnout.

  • @chasen62
    @chasen62 หลายเดือนก่อน +9

    Wait till Dave realizes home taxes/insurance also go up every year....

    • @amireallythatgrumpy6508
      @amireallythatgrumpy6508 หลายเดือนก่อน

      Nowhere near as much as rent does.

    • @LegDayLas
      @LegDayLas หลายเดือนก่อน

      @@amireallythatgrumpy6508 They still go up. By definition it is not a fixed expense as he loves to claim.

    • @ZippyLikesZippers
      @ZippyLikesZippers 2 วันที่ผ่านมา

      ​​​@@amireallythatgrumpy6508 every 10 years you're replacing the roof, HVAC, hot water tank, appliances, maintenance tools and equipment(lawnmower/snowblower)etc etc. and we haven't even touched renovating a bathroom or kitchen or needing new windows. You're lucky if you only spend 100k over the duration of a 30 year mortgage.
      Do you think you'll pay an extra 100k in rent over 30 years? The down payment and interest you pay out for a house could be invested. Especially if you're young you don't get those years of compounding growth back.

  • @matthewking6779
    @matthewking6779 หลายเดือนก่อน +1

    I dont quite agree. If you save incredibly heavily early on then you can buy your property with cash (which if done right with investment returns vs mortgage could be better off financially and get tgere quicker)

  • @kvgolfa
    @kvgolfa หลายเดือนก่อน +10

    Lol this is terrible advice telling him to invest way less for no reason. A 22 year old girl can survive in an apartment

    • @Veenic22
      @Veenic22 หลายเดือนก่อน

      But they want kids