Well explained. Thanks for bringing up the video. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject.
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.
Trading without professional guide...Huh I laugh you, because you will remain where you are or even make huge losses that will stop you from trading, this has been one of the biggest problem to new traders
You're right! I have lost a lot trading all by myself without a guide. It's been an uneasy ride for me. Who is your mentor please. how can i reach her i really need help in this bear market now?
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Instead of trying to predict and prognosticate the stability of the market and precisely when the change is going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.
the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
I wholeheartedly concur; I'm 60 years old, just retired, and have about $1,250,000 in non-retirement assets. Compared to the whole value of my portfolio during the last three years, I have no debt and a very little amount of money in retirement accounts. To be completely honest, the information provided by invt-advisors can only be ignored but not neglected. Simply undertake research to choose a trustworthy one.
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.
There is obviously a compounding effect in the very long term for large capital, but is not "automatic", and with the wrong strategies you can even lose more than you have, and selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies.
DCAing amongst various assets is a good strategy and can help reduce the impact of market volatility and thus a good strategy if you are looking to compound . However it is important to consider financial advisory when investing .
True, initially I wasn't quite impressed with my gains, opposed to my previous performances, I was doing so badly, figured I needed to diversify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of 550k...that's like 7times more than I average on my own.
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?
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.
from $10,000 to $76,000 that's the minimum range of profit return every week i thinks it's not a bad one for me. i now have enough to pay bills and take care of my family.
day trading is thev best way of making money in the market due to lack of experience which resulted in loosing funds... But miss Olivia kenny, restored hope shes a good woman
I'm curious to know best how people split their pay, how much of it goes into savings, spendings or investments, I earn around $50K per year but nothing to show for it yet.
Why I stopped taking financial advise from TH-camrs, because in reality I end up with a collection of confusing stocks. Whereas, all I needed was a real market expert to have made over $350k in less than 2 years.
Want to say thanks to you and all the finance TH-cam guys out there. I’m 28 and never had much financial education. Three years ago got married and was just about dead broke. Started studying and listening to you and various others and my net worth just hit 60k on track to hopefully end 2025 in the six figure bracket for the first time in my life. Can’t thank you enough. Cheers!
I'm ecstatic with the year-end market surge. Which hidden jewels in the upcoming bull run would you buy with 100 grand right now? My goal is to position myself for a prosperous Q1 in 2025.
Index Funds & ETFs: 40-50%, Emerging Markets (e.g., VWO): 10-15%, Dividend Stocks: 10-20%, Growth Stocks/Small-Caps: 10-20%, REITs: 5-10% Remember to always work with a knowledgeable person in the financial market when starting out to avoid getting burnt.
"DCA DCA" is the golden term but the key. My dollar portfolio i DCA with is made up of 30% SCHG, 25% SCHD, 15% VOO and over 30% in digital assets, thanks to my CFA. This strategy is what works for my spouse and I. We've made over 80% capital growth minus dividends. Q3 taxable divs this year was $18,388.
Sure i don't mind. I've stuck with ‘’Melissa Elise Robinson” for years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
Biggest year for me so far, net worth increased $80k, I maxed my 401k/IRA AND HSA, I quit drinking (saving $250 per month from this), started cycling, and also did a solo trip to Italy. I’m 27 and really motivated to keep going.
Same. June 30th 2023. Since then I finished my bachelors, started a master, bought a house and started investing. I had 8k in losses in 2018. Would I need to get documentation from Robinhood and I can use that to offset future gains?
@@ab3040 I had a pretty big drinking problem so I also stopped going to bars and associating with people that drink a lot. That was a hard one. But I met new people through cycling so just switched my circle. That is basically the only thing that allowed me to change my group of friends. All my old buddies were people that weren’t at my level so just had to drop them. It’s different for everyone but that’s what worked for me.
A long term goal is to make yourself more resilient. By handling stress better, you'll feel the need to decompress less often. Sign up for uncomfortable things (gym, 5ks, karaoke, poetry night, dance classes, etc). As you expose yourself more, you'll find things don't get to you like they used to. Because of this, you'll never need a drink to decompress because you never compressed in the first place, capishe?
Despite my best attempts to save money, contribute to early retirement, and become financially independent, the economy has sucked out a large portion of my assets since the epidemic. I want to know if I should continue to diversify my investments or if I should look into other industries during these erratic times.
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.
I agree. Exactly why I now work with one. A lot of folks downplay the role of advisors until being burnt by their emotions, no offense. I remember some years back, during the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. As of today, my cash reserve has yielded from $350k to nearly $1m
i'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
"Laurelyn Gross Pohlmeier," 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.
Uhh Humphrey, you have educated me so much in regards to finance. I have 0 debt, a very healthy emergency fund, 401K. Roth IRA, and a Brokerage account with a Vanguard. Keep being perfect! 💰
Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals. you have to contend with inflation, recession, decisions from the Feds and all. I was able to increase my portfolio by $289k in months. You have to seek for help in the right places.
I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Stacy Lynn Staples” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
@@MT-gi8wp I recently got some nieces and newphews. Are you able to set up 529 for kids that aren’t yours? I assume it had to be done with parental permission
@@Howard_johnson you will need to ask the parents for their kids’ social security number and birth date. i am sure their parents would appreciate any help they can get to pay for college expenses. i can’t stand shopping and kids already get too many toys and junk as gifts, so i would rather give them money in a 529 college fund.
That’s cool. I opened a custodial brokerage for my nephew. He can use for any purpose since I want sure he’d be going to college and I don’t get a tax break in my stupid state.
I turned 29yrs old this year. I've been financially struggling all my life, even though I live at home. I've decided to stop being illiterate in finances and begun listening to your channel. Thank you for what you do and the tips you provide. I think the biggest obstacle for most of us illiterates is fear. But I fear living like I'm currently am for the rest of my life. I'll become a recovering illiterate!
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 Grace Miller for helping me achieve this
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
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
Well I think it's time to start trimming some of the fat and increase dry powder. I'm considering diversifying my portfolio of $200k to hedge against potential downturns but unsure of the best strategy to do so.
Predictions about market like this often turn out to be wrong. You should consult with an expert to help you diverse your port safely so you don’t get burnt by your emotions
It's better to be prepared. Even if nothing happen, having a diversified portfolio can protect us from other risks. I was going solo without much success until my wife introduced me to an advisor. I've achieved over 80% capital growth this year, excluding dividends. Highly recommend!
Marissa Lynn Babula 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..
Gold, BTC, quality global stocks, yes, however not property, if the U.S. dollar gets hyperinflation everything becomes worthless in that country, only global assets survive. Yes assets will go up against the U.S. dollar, however the U.S. dollar would become worthless compared to other currencies or global assets. As for property in the U.S, property is a national fiat asset, it would go up in value against the U.S. dollar, however not in other currencies or global assets. .. Anyone feeling the impact of these economic shifts should consider Crypto long-term trading strategies to protect their assets. My advice to anyone feeling the heat in this inflation, just trade long term more than ever, I have made over 520k from day trading with Francine Duguay in few weeks, this is one of the best medium to backup your assets incase it goes bearish..
One thing I know for certain is crypto is here to stay, the only thing that leaves is the people who don't manage their risk. Manage that, or the market will manage it for you. With the right strategies you will survive.
Thank you for sharing your experience. She’s helped grow my reserve, despite inflation, from $87k to $246k as of today…..Her insights and daily siignals are worth following.
Time is the most critical factor in investment growth. The longer you wait, the significantly less you’ll have down the road. If you're aiming to retire by 60, it's not financially ideal to prioritize paying off your mortgage early before the age of 45.
I find it more productive and safe to buy growth/blue-chip stocks rather than etfs. It's advisable to work with a fiduciary advisor for well-diversified portfolios instead of relying solely on speculations.
I agree with you. As an early investor in NVDA, AVGO, ANSS, and LRCX, my financial advisor's advice was incredibly helpful. Over the past 7 years, she has helped me find stocks that did 10x multiple times. With her help, I've grown my portfolio to over a million dollars.
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?
I can’t believe this is the end of year already and I have investment goals I haven’t achieved yet. I hear people talk about a bull run in the financial market and I just recently sold a home. Do you suggest I utilize a financial advisor on stocks to buy, or can I do it on my own?
its just like asking if you should self-medicate, of course it’s always better to consult a doctor, so yes it’s a good idea to seek financial advise if you think you need guidance
True, I'm in line with advisory service cos my job doesn't permit me the time to analyze stocks myself. Thankfully, my portfolio is well matched for every season of the market and has yielded over 300% since the 2020 pandemic to date. IMO, nothing beats expertise.
@@YubiLeevdis i'm blown away! mind sharing basic info please? i am a young adult living in Miami where i've encountered several millionaires, and my goal is to become one as well
I’m cautious about giving specific recommendations as everyone's situation varies. You may consider independent financial advisors like Katherine Nance Dietz. I've worked with her for barely 5 years now and I'd gladly commend her exemplary service on a public post.
Excellent share! Curiously inputted Katherine Nance Dietz on the web, spotted her consulting page ranked top, and was able to schedule a call session. I've seen commentaries about advisors, but not one looks this phenomenal.
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.
I agree. Even with great opportunities, we should proceed cautiously. Seeking market analysis or advice from certified market strategists is important.
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
Please how can I liase with such experts? I am seeking for a very effective investment approach for my savings which gradually depreciates in value due to inflation
I'm very cautious about giving specific recommendations as everyone's situation varies. Consider independent financial advisors like "Tracy Britt Cool Consulting" I've worked with her for some time and highly recommend her. Check if she meets your criteria.
Last year, I was working full time, budgeting groceries, unable to afford date nights, and missing time with my kids. Now I learned how to make money online. Now am a SAHM, homeschooling, and making profits every week.
Wow that's awesome investing in alternate income streams 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.
It's unbelievable that the year is almost over and that I still haven't met my investment objectives. I recently sold a house, and I hear folks talking about a financial market bull run. Can I buy stocks on my own, or do you advise me to use a financial advisor?
Yes, it's a good idea to seek financial advice if you believe you need direction. It's similar to wondering if you should self-medicate-of course, it's always better to visit a doctor.
True, I'm in line with advisory service cos my job doesn't permit me the time to analyze stocks myself. Thankfully, my portfolio is well matched for every season of the market and has yielded over 300% since the 2020 pandemic to date. IMO, nothing beats expertise.
I’m cautious about giving specific recommendations as everyone's situation varies. You may consider independent financial advisors like Annette Marie Holt. I've worked with her for barely 5 years now and I'd gladly commend her exemplary service on a public post.
Good advice to anyone today, Don't simply retire from something; have something to retire to. Start saving, keep saving, and stick to investments. Everyone should have BTC in their portfolio…
Investing in many source of income that are independent of government paychecks is the prudent thing that everyone should be thinking about right now, especially given the global economic crisis. Good assets and digital currencies are still good investment at this time.
This is superb! Information, as a noob it gets quite difficult to handle all of this, and staying informed is a major cause, how do you go about this are you a pro investor?
As a beginner in this, it’s essential for you to have a mentor to keep you accountable. Jihan Wu is also my trade analyst, he has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
Jihan Wu Services has really set the standard for others to follow, we love him here in Canada 🇨🇦 as he has been really helpful and changed lots of life's
I’m very encouraged to see the number of young people hear speaking to their net worth and making gains so early. I’m 58 and I’ve been following these principles and more since I was 18. I’ve been retired (civil engineer) since 55 and we live the dream. I will add, just because I’m not sure Humphrey has ever said it, BUT don’t ever steal from future you! Once you send money into investments it no longer belongs to you, it belongs to future you when you get old. At some point you will realize there is no longer a point to work when your money makes way more money than you do. Then retire.
@@le_th_ If you don't live long it won't matter anyway! If you do live that long, and your not prepared then you will live in poverty. So, you do you bud! I've chosen my path and its wonderful!
Following the Trump victory,My spouse and I 've set aside $250k to follow up these stocks I believe it is a good time to capitalize on the market for long-term gains, but it wouldn't hurt to know means of actualizing short term profit.
The strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
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
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
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.
One thing to mention on tax-loss harvesting is that the losses you can deduct each year are limited by your gains that same year. In other words, if you made no gains and actually sold stock for a $5,000 loss, only $3,000 (I believe that's the yearly limit) can be deducted from your income while the remaining $2,000 has to be carried over to the next tax year. If you had something like a $50,000 loss, same thing applies. It can only be deducted from your income in $3,000 increments each year (assuming no gains at all, which is hopefully not the case).
Always appreciate your videos! I am officially relocating back to the states after two decades abroad. Have always learned a lot from your videos for the past few years.❤❤❤
Such a good video! I was working on my personal finances and needed just a bit of guidance to see if I’m missing anything in preparation for the new year! Thanks for all the wonderful content! 🎉❤
I really regret not knowing a lot of this in my teens and 20s. This should be taught in schools. I'd consider it more important than a lot of subjects currently taking up time in school. In my late 30s now and I feel so left behind.
Same, I met Elizabeth stark last year for the first time at a conference in Wilshire, after then my Life has changed for good.God bless Elizabeth stark
I am 21 and have saved over 100k it doesn't even feel real. I have worked so hard for this but it's really happening. I can't wait to have my own condo and security and a dog. I want it more than anything and I am almost there
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.
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.
Agreed! this is why I work with one. My $520k portfolio is well-matched for every market season yielding 65% rise from early last year to date. I and my advisor are working on more figures for this year. IMO, financial advisors are the most sought-after professionals after doctors.
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?
Elisse Laparche Ewing has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you need an excellent collaboration.
For a vacation, may I recommend the Canadian side of Niagara Falls. The Clifton Hill area is simply amazing; we did this for the solar eclipse last April, and it was worth every penny for both adults and kids.
You spend 40 years working to save $1 million for retirement, while others put just $10,000 into cryptocurrency for a few months and end up becoming multimillionaires.
*I really appreciate your clear and simple breakdown on financial pitfalls! I lost so much money on stook market but now making around $18k to $21k every week trading different stocks and cryptos*
You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires
Most rich people stay rich by spending like the poor and investing without stopping then most poor people stay poor by spending like the rich yet not investing like the rich but impressing them. People prefer to spend money on liabilities, Rather than investing in assets and be very profitable
I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Josh Olfert, has been an amazing experience.
I asked Capital One for an interest rate reduction from around 24% to 17% (still outrageous but better....) because I had been with them for over 20 years, but they told me "No." So I paid off the card in a couple months and closed the account. F*** 'em!
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.
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
@@MartaRinker 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.
Man it is hard to navigate your comments sections on your videos Humphrey. There is so much Spam...are all these Spam "financial advisers" real people or is this their way of getting you to a web site that tries to trick you into giving them personal information? I wouldn't go to one regardless...just trying to figure out what their scam is. Thanks for the video as always Humphrey.
For the layman, Cash is tangible. Money is what you have in the bank. It's kind of confusing when you use them interchangeably. These days you can't make a large purchase like a house with cash.
Save your money for a vacation, then don’t take the actual vacation. Take a staycation instead. After all vacations are fraught with things that can go wrong. And memories of vacations fade with time. Stay home, your king of your castle and it’s probably the most likely place in the world to have things all go your way! 😊
First comment here! Thanks for all knowledge you've shared throughout the year! It certainly helped me to understand the investment world and take action!
The process of trading can be complicated when you have limited knowledge. However, with the right strategy and setups, you can be successful. That's the whole point of investing.
@Humphrey Yang You should travel to Japan while the conversion rate is still very favorable. Make sure to document your travels and add it to this channel or another.
I wish they taught investing at school level. There is so much advantage to doing this! My biggest regret is that I started so late. And still not good at it, I think at this point i need help
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
@@MichaelGabreil I usually avoid making specific recommendations because everyone's situation is unique. However, my experience with Julie Ann Lerch has been quite positive. You might find it worthwhile to see if her approach fits your needs
I'm a huge fan of the saving snow ball. If you don't think that you can save 20% that's fine just save maybe 10%, heck 5%. Anything is better than nothing. Then in 3 months, try to increase your saving rate by 2 or 5%. Then keep doing it until you're at the savings rate that you want to target. And you'll notice that your spending gets leaner when you automatically save and limit the money that hits your checking.
I love the graphics that you incorporate into your videos. I'm just curious how you are producing those? What software, is there someone on your team responsible for those etc?
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.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
I'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
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
Could you address what retirees should be investing in during their retirement? I may have $50 or $500 extra dollars every month-but shouldn’t I be investing in something? Thanks-and I really enjoy your channel. 😊
This is quite educational. It's crucial for newcomers to keep in mind that the financial markets are highly irrational in the short run. You should constantly be ready for the unexpected. That is how chance operates. Because of the inherent risks in the market, I always favor long-term investments.
These uncertainties will always be there. Thing is, every once in a while, the market does something so stupid it takes your breath away. If you’re not ready for it, you should’t be in the market business. or get you a skilled practitioner.
Such market uncertainties are the reason I don’t base my market judgements and decisions on rumors' and hear-says, it got the best of me in the year 2020 and had me holding worthless positions in the market. I had to revamp my entire portfolio through the aid of my financial advisor, before I started seeing any significant results happens in my portfolio. Been using the same advisor since then and I’ve scaled up almost a million within 2 years. Whether a bullish or down market, both makes for good profit, it all depends on where you’re looking…
Not bad at all. I know a lot of 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 market. Could this coach that guides you help?
Finding financial advisors like Vivian Jean Wilhelm 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.
Finding financial advisors like Vivian Jean Wilhelm 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.
I reached $138k today. Thank you for all the knowledge and insights you've shared with me over the past few months. I began this journey in October 2024. Financial education is essential for over 70% of the population, as only a few are truly literate in this area. Thanks so much Natalie Rose Strayer
Go to Japan while US dollar is stronger. Visit all over Japan from Northern parts to Southern parts. Make sure you choose a Japanese airline for round trip as the services are way better!
You should do a video on what you would need to be retired early, let’s say 40-50. I know 401k isn’t enough and you want to “earn” less during that period to get cheap insurance. Would be good to get your recommendations.
Hi Humphrey, thanks for your video and consistent content. Quick question about tax loss harvesting, does it matter if the stocks are long term or short term investments? Can they be tax harvested interchangeably or can you only use short term losses to offset short term gains and same with long term losses/gains?
To be honest, the way that I see things is that if it’s gonna take me one hour or more to try to save money how much money am I really going to save rather than working those two hours of my time. I’m already at the point where I can’t even clean my house because I lose money. I’d rather have someone clean my house. Pay them and still save money.
Very few people are making that much or hustling that much or would even be working for it not to make sense to try. I am salary I get paid the same either way. So I’m not missing out on making anything. I think that applies to a lot of folks. But your situation it makes sense not to bother if you actually are working and making more money than you’d save.
The year-end market spike has me giddy. If you had $100,000 right now, which hidden gems from the impending bull run would you purchase? I want to set myself up for a successful first quarter of 2025.
It’s best if you buy growth/blue-chip/large caps stocks only. Also, as a newbie its advisable you work with an investment advisor to help set up a well-structured portfolio.
40-50% are index funds and exchange-traded funds (ETFs); 10-15% are emerging markets (like VWO); 10-20% are dividend stocks; 10-20% are growth stocks or small-cap stocks; and 5-10% are REITs. To prevent getting burned, always start with an experienced individual in the financial market.
My CFA “Sophie Lynn Carrabus”, a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
Thank you 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
I think the market might recess soon. Would it be a bad idea to cash out my money in the market and pay off my only debt, my truck. (9,000). I have a little more than that in the market.
Well explained. Thanks for bringing up the video. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject.
Trading in Bitcoin now is the wisest thing to do now especially beginner....
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.
Trading without professional guide...Huh I laugh you, because you will remain where you are or even make huge losses that will stop you from trading, this has been one of the biggest problem to new traders
Honestly I really need help learning to trade. Seeing my portfolio low makes me very sad.
You're right! I have lost a lot trading all by myself without a guide. It's been an uneasy ride for me. Who is your mentor please. how can i reach her i really need help in this bear market now?
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Instead of trying to predict and prognosticate the stability of the market and precisely when the change is going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.
the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
I wholeheartedly concur; I'm 60 years old, just retired, and have about $1,250,000 in non-retirement assets. Compared to the whole value of my portfolio during the last three years, I have no debt and a very little amount of money in retirement accounts. To be completely honest, the information provided by invt-advisors can only be ignored but not neglected. Simply undertake research to choose a trustworthy one.
Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.
Her name is. Melissa Terri Swayne’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
There is obviously a compounding effect in the very long term for large capital, but is not "automatic", and with the wrong strategies you can even lose more than you have, and selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies.
DCAing amongst various assets is a good strategy and can help reduce the impact of market volatility and thus a good strategy if you are looking to compound . However it is important to consider financial advisory when investing .
True, initially I wasn't quite impressed with my gains, opposed to my previous performances, I was doing so badly, figured I needed to diversify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of 550k...that's like 7times more than I average on my own.
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?
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.
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.
!!Hi mate so exicted today just reached my goal of 400k since June2024 to December 2024 I thank GOD for the life and wisdom shared
this is huge amount congrat to you
interesting I'm 57 and no much income in my life how do I make it like you if possible 🙆
from $10,000 to $76,000 that's the minimum range of profit return every week i thinks it's not a bad one for me. i now have enough to pay bills and take care of my family.
day trading is thev best way of making money in the market due to lack of experience which resulted in loosing funds... But miss Olivia kenny, restored hope shes a good woman
Life is easier when the cash keeps popping in, thanks to Kenny Olivia
I'm curious to know best how people split their pay, how much of it goes into savings, spendings or investments, I earn around $50K per year but nothing to show for it yet.
Why I stopped taking financial advise from TH-camrs, because in reality I end up with a collection of confusing stocks. Whereas, all I needed was a real market expert to have made over $350k in less than 2 years.
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
Her name is DIANA CASTEEL LYNCH. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
Want to say thanks to you and all the finance TH-cam guys out there. I’m 28 and never had much financial education. Three years ago got married and was just about dead broke. Started studying and listening to you and various others and my net worth just hit 60k on track to hopefully end 2025 in the six figure bracket for the first time in my life. Can’t thank you enough. Cheers!
Congratulations! Examples like you are what keep us smaller channels motivated 🥲
I'm ecstatic with the year-end market surge. Which hidden jewels in the upcoming bull run would you buy with 100 grand right now? My goal is to position myself for a prosperous Q1 in 2025.
Bitcoin through 2025, then high yield ETFs through the bear market 26’-27’ that's my plan.
Index Funds & ETFs: 40-50%, Emerging Markets (e.g., VWO): 10-15%, Dividend Stocks: 10-20%, Growth Stocks/Small-Caps: 10-20%, REITs: 5-10%
Remember to always work with a knowledgeable person in the financial market when starting out to avoid getting burnt.
"DCA DCA" is the golden term but the key. My dollar portfolio i DCA with is made up of 30% SCHG, 25% SCHD, 15% VOO and over 30% in digital assets, thanks to my CFA. This strategy is what works for my spouse and I. We've made over 80% capital growth minus dividends. Q3 taxable divs this year was $18,388.
I find your situation fascinating. Would you be willing to suggest a trusted advisr you've worked with?
Sure i don't mind. I've stuck with ‘’Melissa Elise Robinson” for years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
Biggest year for me so far, net worth increased $80k, I maxed my 401k/IRA AND HSA, I quit drinking (saving $250 per month from this), started cycling, and also did a solo trip to Italy. I’m 27 and really motivated to keep going.
Congratulations on a very successful 2024! :) , Keep it up!!
Same. June 30th 2023. Since then I finished my bachelors, started a master, bought a house and started investing. I had 8k in losses in 2018. Would I need to get documentation from Robinhood and I can use that to offset future gains?
How do you deal with the stress if you don't drink?
I've significantly slowed down on drinking but can't seem to stop for this reason
@@ab3040 I had a pretty big drinking problem so I also stopped going to bars and associating with people that drink a lot. That was a hard one. But I met new people through cycling so just switched my circle. That is basically the only thing that allowed me to change my group of friends. All my old buddies were people that weren’t at my level so just had to drop them. It’s different for everyone but that’s what worked for me.
A long term goal is to make yourself more resilient. By handling stress better, you'll feel the need to decompress less often. Sign up for uncomfortable things (gym, 5ks, karaoke, poetry night, dance classes, etc). As you expose yourself more, you'll find things don't get to you like they used to. Because of this, you'll never need a drink to decompress because you never compressed in the first place, capishe?
Despite my best attempts to save money, contribute to early retirement, and become financially independent, the economy has sucked out a large portion of my assets since the epidemic. I want to know if I should continue to diversify my investments or if I should look into other industries during these erratic times.
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.
I agree. Exactly why I now work with one. A lot of folks downplay the role of advisors until being burnt by their emotions, no offense. I remember some years back, during the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. As of today, my cash reserve has yielded from $350k to nearly $1m
i'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
"Laurelyn Gross Pohlmeier," 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.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
Uhh Humphrey, you have educated me so much in regards to finance. I have 0 debt, a very healthy emergency fund, 401K. Roth IRA, and a Brokerage account with a Vanguard. Keep being perfect! 💰
Lets go!!!
Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals. you have to contend with inflation, recession, decisions from the Feds and all. I was able to increase my portfolio by $289k in months. You have to seek for help in the right places.
I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
Glad to have stumbled on this conversation. Please can you leave the info of your investment advisor here? I’m in dire need for one.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Stacy Lynn Staples” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website… thank you for sharing.
The fact that nobody talks about the book Forbidden Money Behind Closed Doors talks about dark techniques how people attract money
thanks for sharing bro
i have no kids, but i did setup 529 college accounts for my 4 nieces and nephews since they were born.
@@MT-gi8wp I recently got some nieces and newphews. Are you able to set up 529 for kids that aren’t yours? I assume it had to be done with parental permission
@@Howard_johnson you will need to ask the parents for their kids’ social security number and birth date. i am sure their parents would appreciate any help they can get to pay for college expenses. i can’t stand shopping and kids already get too many toys and junk as gifts, so i would rather give them money in a 529 college fund.
That's so kind of you!
@ I’m kind of in the same boat. I know all people are different but was it an easy conversation to have with the parents?
That’s cool. I opened a custodial brokerage for my nephew. He can use for any purpose since I want sure he’d be going to college and I don’t get a tax break in my stupid state.
24 and my net worth jumped by 20k this year let’s goooooo
And who cares?
I turned 30 this year and mine jumped 70k 😎💯💯💯
@ wow, but the question is who cares
@@bigcookie9729why you mad, you broke?
Congratulations🎉🎉
Humphrey, I've been watching your videos for a year now and my Networth went from $0 to $10K in 5 months!!
I recommend everyone to find the book titled The Secret Doctrine of Wealth, it changed my life.
this book is one of the best i ever read!
I turned 29yrs old this year. I've been financially struggling all my life, even though I live at home. I've decided to stop being illiterate in finances and begun listening to your channel. Thank you for what you do and the tips you provide. I think the biggest obstacle for most of us illiterates is fear. But I fear living like I'm currently am for the rest of my life. I'll become a recovering illiterate!
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 Grace Miller for helping me achieve this
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
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.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
I'm new at this, please how can I reach her?
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
Well I think it's time to start trimming some of the fat and increase dry powder. I'm considering diversifying my portfolio of $200k to hedge against potential downturns but unsure of the best strategy to do so.
Predictions about market like this often turn out to be wrong. You should consult with an expert to help you diverse your port safely so you don’t get burnt by your emotions
It's better to be prepared. Even if nothing happen, having a diversified portfolio can protect us from other risks. I was going solo without much success until my wife introduced me to an advisor. I've achieved over 80% capital growth this year, excluding dividends. Highly recommend!
pls how can I reach this expert, I need someone to help me manage my portfolio
Marissa Lynn Babula is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
Gold, BTC, quality global stocks, yes, however not property, if the U.S. dollar gets hyperinflation everything becomes worthless in that country, only global assets survive. Yes assets will go up against the U.S. dollar, however the U.S. dollar would become worthless compared to other currencies or global assets. As for property in the U.S, property is a national fiat asset, it would go up in value against the U.S. dollar, however not in other currencies or global assets. .. Anyone feeling the impact of these economic shifts should consider Crypto long-term trading strategies to protect their assets. My advice to anyone feeling the heat in this inflation, just trade long term more than ever, I have made over 520k from day trading with Francine Duguay in few weeks, this is one of the best medium to backup your assets incase it goes bearish..
Francine duguay program is widely available online..
One thing I know for certain is crypto is here to stay, the only thing that leaves is the people who don't manage their risk. Manage that, or the market will manage it for you. With the right strategies you will survive.
Thank you for sharing your experience. She’s helped grow my reserve, despite inflation, from $87k to $246k as of today…..Her insights and daily siignals are worth following.
Thank you…. I have searched her up Google I think I am satisfied with her experience.
The market has gone berserk! whether you're a newbie or a veteran trader, everyone needs a sort of coach at some point to thrive forward.
Time is the most critical factor in investment growth. The longer you wait, the significantly less you’ll have down the road. If you're aiming to retire by 60, it's not financially ideal to prioritize paying off your mortgage early before the age of 45.
I find it more productive and safe to buy growth/blue-chip stocks rather than etfs. It's advisable to work with a fiduciary advisor for well-diversified portfolios instead of relying solely on speculations.
I agree with you. As an early investor in NVDA, AVGO, ANSS, and LRCX, my financial advisor's advice was incredibly helpful. Over the past 7 years, she has helped me find stocks that did 10x multiple times. With her help, I've grown my portfolio to over a million dollars.
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?
I can’t believe this is the end of year already and I have investment goals I haven’t achieved yet. I hear people talk about a bull run in the financial market and I just recently sold a home. Do you suggest I utilize a financial advisor on stocks to buy, or can I do it on my own?
its just like asking if you should self-medicate, of course it’s always better to consult a doctor, so yes it’s a good idea to seek financial advise if you think you need guidance
True, I'm in line with advisory service cos my job doesn't permit me the time to analyze stocks myself. Thankfully, my portfolio is well matched for every season of the market and has yielded over 300% since the 2020 pandemic to date. IMO, nothing beats expertise.
@@YubiLeevdis i'm blown away! mind sharing basic info please? i am a young adult living in Miami where i've encountered several millionaires, and my goal is to become one as well
I’m cautious about giving specific recommendations as everyone's situation varies. You may consider independent financial advisors like Katherine Nance Dietz. I've worked with her for barely 5 years now and I'd gladly commend her exemplary service on a public post.
Excellent share! Curiously inputted Katherine Nance Dietz on the web, spotted her consulting page ranked top, and was able to schedule a call session. I've seen commentaries about advisors, but not one looks this phenomenal.
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.
I agree. Even with great opportunities, we should proceed cautiously. Seeking market analysis or advice from certified market strategists is important.
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
Please how can I liase with such experts? I am seeking for a very effective investment approach for my savings which gradually depreciates in value due to inflation
@Jatestones Who is this person guiding you and how can i reach he/she?
I'm very cautious about giving specific recommendations as everyone's situation varies. Consider independent financial advisors like "Tracy Britt Cool Consulting" I've worked with her for some time and highly recommend her. Check if she meets your criteria.
Last year, I was working full time, budgeting groceries, unable to afford date nights, and missing time with my kids. Now I learned how to make money online. Now am a SAHM, homeschooling, and making profits every week.
Wow that's awesome investing in alternate income streams 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.
Am looking for something to venture into on a short term basis, I really need to create an alternate source of income, what do you think I should do?
Cryptocurrency/stock investment, but you will need a professional guide on that.
Facebook 👇
Evelyn C. Sanders
It's unbelievable that the year is almost over and that I still haven't met my investment objectives. I recently sold a house, and I hear folks talking about a financial market bull run. Can I buy stocks on my own, or do you advise me to use a financial advisor?
Yes, it's a good idea to seek financial advice if you believe you need direction. It's similar to wondering if you should self-medicate-of course, it's always better to visit a doctor.
True, I'm in line with advisory service cos my job doesn't permit me the time to analyze stocks myself. Thankfully, my portfolio is well matched for every season of the market and has yielded over 300% since the 2020 pandemic to date. IMO, nothing beats expertise.
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?
I’m cautious about giving specific recommendations as everyone's situation varies. You may consider independent financial advisors like Annette Marie Holt. I've worked with her for barely 5 years now and I'd gladly commend her exemplary service on a public post.
Thank you for this amazing tip. I verified her and booked a call session with her. She seems Proficient.
Loved this video! Thank you for always motivating us to improve our finances!
You are so welcome!
Good advice to anyone today, Don't simply retire from something; have something to retire to. Start saving, keep saving, and stick to investments.
Everyone should have BTC in their portfolio…
Investing in many source of income that are independent of government paychecks is the prudent thing that everyone should be thinking about right now, especially given the global economic crisis. Good assets and digital currencies are still good investment at this time.
This is superb! Information, as a noob it gets quite difficult to handle all of this, and staying informed is a major cause, how do you go about this are you a pro investor?
A big thanks to Jihan Wu with his trading advice, at least I can afford a good home and also have to retire early.
As a beginner in this, it’s essential for you to have a mentor to keep you accountable.
Jihan Wu is also my trade analyst, he has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
Jihan Wu Services has really set the standard for others to follow, we love him here in Canada 🇨🇦 as he has been really helpful and changed lots of life's
I am very thankful for my 401k setup, as i put in 6% and my company puts in 14%
I’m very encouraged to see the number of young people hear speaking to their net worth and making gains so early. I’m 58 and I’ve been following these principles and more since I was 18. I’ve been retired (civil engineer) since 55 and we live the dream. I will add, just because I’m not sure Humphrey has ever said it, BUT don’t ever steal from future you! Once you send money into investments it no longer belongs to you, it belongs to future you when you get old. At some point you will realize there is no longer a point to work when your money makes way more money than you do. Then retire.
That's a great plan if you live long enough to see it happen.
@@le_th_ If you don't live long it won't matter anyway! If you do live that long, and your not prepared then you will live in poverty. So, you do you bud! I've chosen my path and its wonderful!
You are awesome Humphreys. Thanks for all you do
I appreciate that!
Following the Trump victory,My spouse and I 've set aside $250k to follow up these stocks I believe it is a good time to capitalize on the market for long-term gains, but it wouldn't hurt to know means of actualizing short term profit.
The strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
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
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
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.
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.
One thing to mention on tax-loss harvesting is that the losses you can deduct each year are limited by your gains that same year. In other words, if you made no gains and actually sold stock for a $5,000 loss, only $3,000 (I believe that's the yearly limit) can be deducted from your income while the remaining $2,000 has to be carried over to the next tax year. If you had something like a $50,000 loss, same thing applies. It can only be deducted from your income in $3,000 increments each year (assuming no gains at all, which is hopefully not the case).
Always appreciate your videos! I am officially relocating back to the states after two decades abroad. Have always learned a lot from your videos for the past few years.❤❤❤
I honestly learned a lot of new things today. Thank you!
Such a good video! I was working on my personal finances and needed just a bit of guidance to see if I’m missing anything in preparation for the new year! Thanks for all the wonderful content! 🎉❤
The idea behind the book entrepreneurial cash secrets really blew my mind. It’s like stumbling upon a hidden shortcut to financial abundance.
Shut up
Great decision! Still love my 2001 Outback...hope it runs forever!
I really regret not knowing a lot of this in my teens and 20s. This should be taught in schools. I'd consider it more important than a lot of subjects currently taking up time in school. In my late 30s now and I feel so left behind.
As a beginner , how can i make good earnings with $4,000?
My early investing experiences had alot of setbacks. Stephany's advice was important in minimizing additional losses
Indeed, most people downplay the roles of financial planners until burnt by their mistakes
Stephany stands out from other brokers with her practical approach, unlike many who set overly ambitious goals they can’t deliver on
how can i find her?
Why is being rich even necessary? It feels like an uphill battle all the time. I’m starting to think a simpler, less stressful life is the way to go
8 months of trading $400k saved, debts cleared and a portfolio just shy of half a million. Thank you crypto
Wow, what an incredible journey with your investments! Congratulations on your success!
How are you able to make that much is less than a year of trading
@@hossanponz Honestly, I simply reached out to Sarah Jennine Davis a pro trader and FA and began my journey.
@@CoryLafund Could you share some key factors you look at? Also, any advice for someone just starting out in investing would be greatly appreciated
@@Leighwilliams112 You need a pro that is good at navigating the market. Someone like Sarah Jennine Davis she trade for me.
Enjoyed the video, as far as the vacation, gotta go with Delaware
Thank you Lord Jesus for the gift of life and blessings to me and my family $14,120.47 weekly profit Our lord Jesus have lifted up my Life!!!🙏❤️❤️
I'm 37 and have been looking for ways to be successful, please how??
Sure, the investment-advisor that guides me is..
Elizabeth stark
Same, I met Elizabeth stark last year for the first time at a conference in Wilshire, after then my Life has changed for good.God bless Elizabeth stark
Her services is the best, I got a brand new Lambo last week and paid off my mortgage loan thanks to her wonderful services!
Actual sound advice! no gimmicks or dumb investment "hacks", just learn to manage the money you have
Grats Humphrey, you know you made it when you have more bot comments than normal ones ;)
8)put up the Christmas tree ⛄ 🧑🏾🎄🎄🎁
Amein. In my case:
8)put up the Chanukah Menorah 🍩🕎✡️🎁
👍🏾😊@@LeviHashem
I am 21 and have saved over 100k
it doesn't even feel real. I have worked so hard for this but it's really happening. I can't wait to have my own condo and security and a dog. I want it more than anything and I am almost there
Love it! Your content is always top notch.
I appreciate that!
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.
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.
Agreed! this is why I work with one. My $520k portfolio is well-matched for every market season yielding 65% rise from early last year to date. I and my advisor are working on more figures for this year. IMO, financial advisors are the most sought-after professionals after doctors.
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?
Elisse Laparche Ewing has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you need an excellent collaboration.
Thank you for the lead. I searched her up, and I have sent her a message. I hope she gets back to me soon.
Thank you
Can you do a video for HYSA vs MMF?
Love Framer. I use it for my own portfolio.
They r great!
For a vacation, may I recommend the Canadian side of Niagara Falls. The Clifton Hill area is simply amazing; we did this for the solar eclipse last April, and it was worth every penny for both adults and kids.
You spend 40 years working to save $1 million for retirement, while others put just $10,000 into cryptocurrency for a few months and end up becoming multimillionaires.
I want to build my investment portfolio but lack knowledge. Can anyone suggest a reliable mentor?"
Consulting a professional is essential since navigating the investment landscape on your own can be overwhelming.
Having a trusted advisor like Colleen O'Brien makes all the difference when it comes to achieving success
Colleen stands out because of her practical and effective strategies, unlike others who promise big results but rarely deliver.
Is Colleen O'Brien really that popular? I keep hearing her name mentioned everywhere
Great video.
Thanks!
*I really appreciate your clear and simple breakdown on financial pitfalls! I lost so much money on stook market but now making around $18k to $21k every week trading different stocks and cryptos*
You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires
Most rich people stay rich by spending like the poor and investing without stopping then most poor people stay poor by spending like the rich yet not investing like the rich but impressing them. People prefer to spend money on liabilities, Rather than investing in assets and be very profitable
Hello how do you make such monthly?? I'm a born Christian and sometimes I feel so down 🤦♀️of myself because of low finance but I still believe in God
I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Josh Olfert, has been an amazing experience.
The process of trading can be complicated when you have limited knowledge. However, with the right strategy and setups, you can be successful.
My conscience is calling
If you’ve got at least 2 weeks, I recommend New Zealand
My 25 percent savings include 401k, roth ira, and hsa
I asked Capital One for an interest rate reduction from around 24% to 17% (still outrageous but better....) because I had been with them for over 20 years, but they told me "No."
So I paid off the card in a couple months and closed the account. F*** 'em!
Arraial do Cabo is one of my favorite destinations
Top 5 Passive Income Streams for Beginners: Start Earning While You Sleep
Hey Humphrey, could you make an updated video on your ROTH IRA portfolio ?
Just watched your video discussing XAI29B and I am very excited about this
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.
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
@@MartaRinker 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.
@@Donnafrank-k6e Oh please I’d love that. Thanks!.
@@MartaRinker Suzanne Gladys Xander is her name .
Lookup with her name on the webpage.
Man it is hard to navigate your comments sections on your videos Humphrey. There is so much Spam...are all these Spam "financial advisers" real people or is this their way of getting you to a web site that tries to trick you into giving them personal information? I wouldn't go to one regardless...just trying to figure out what their scam is. Thanks for the video as always Humphrey.
Great information, I have an LPL account, wish I knew how to do it myself.
For the layman, Cash is tangible. Money is what you have in the bank. It's kind of confusing when you use them interchangeably.
These days you can't make a large purchase like a house with cash.
Save your money for a vacation, then don’t take the actual vacation. Take a staycation instead. After all vacations are fraught with things that can go wrong. And memories of vacations fade with time. Stay home, your king of your castle and it’s probably the most likely place in the world to have things all go your way! 😊
First comment here! Thanks for all knowledge you've shared throughout the year! It certainly helped me to understand the investment world and take action!
The process of trading can be complicated when you have limited knowledge. However, with the right strategy and setups, you can be successful. That's the whole point of investing.
Assets that can make one successful in life
I. Forex
2.Stocks
3.Shares
forex is profitable and lucrative investment online
@@AroShyti501You are right.
But I don't know why people remain poor due to ignorance
@Humphrey Yang You should travel to Japan while the conversion rate is still very favorable. Make sure to document your travels and add it to this channel or another.
Start investing small and increase positions on dips
For your vacation in 2025...
Go to Thailand, if you haven't gone.
Pattaya, Thailand 🇹🇭
I wish they taught investing at school level. There is so much advantage to doing this!
My biggest regret is that I started so late. And still not good at it, I think at this point i need help
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
@@ClemonSteve I 'm currently evaluating my portfolio and could use some guidance. How can I get in touch with your advisor?
@@MichaelGabreil I usually avoid making specific recommendations because everyone's situation is unique. However, my experience with Julie Ann Lerch has been quite positive. You might find it worthwhile to see if her approach fits your needs
@@ClemonSteve Thank you so much, I will send her an email,
I'm a huge fan of the saving snow ball. If you don't think that you can save 20% that's fine just save maybe 10%, heck 5%. Anything is better than nothing. Then in 3 months, try to increase your saving rate by 2 or 5%. Then keep doing it until you're at the savings rate that you want to target.
And you'll notice that your spending gets leaner when you automatically save and limit the money that hits your checking.
I love the graphics that you incorporate into your videos. I'm just curious how you are producing those? What software, is there someone on your team responsible for those etc?
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.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
The very first time we tried, we invested $1400 and after a week, we received $5230. That really helped us a lot to pay up our bills.
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
I'm new at this, please how can I reach her?
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
Could you address what retirees should be investing in during their retirement? I may have $50 or $500 extra dollars every month-but shouldn’t I be investing in something? Thanks-and I really enjoy your channel. 😊
Thx humphler!
This is quite educational. It's crucial for newcomers to keep in mind that the financial markets are highly irrational in the short run. You should constantly be ready for the unexpected. That is how chance operates. Because of the inherent risks in the market, I always favor long-term investments.
These uncertainties will always be there. Thing is, every once in a while, the market does something so stupid it takes your breath away. If you’re not ready for it, you should’t be in the market business. or get you a skilled practitioner.
Such market uncertainties are the reason I don’t base my market judgements and decisions on rumors' and hear-says, it got the best of me in the year 2020 and had me holding worthless positions in the market. I had to revamp my entire portfolio through the aid of my financial advisor, before I started seeing any significant results happens in my portfolio. Been using the same advisor since then and I’ve scaled up almost a million within 2 years. Whether a bullish or down market, both makes for good profit, it all depends on where you’re looking…
Not bad at all. I know a lot of 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 market. Could this coach that guides you help?
Finding financial advisors like Vivian Jean Wilhelm 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.
Finding financial advisors like Vivian Jean Wilhelm 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.
I reached $138k today. Thank you for all the knowledge and insights you've shared with me over the past few months. I began this journey in October 2024. Financial education is essential for over 70% of the population, as only a few are truly literate in this area.
Thanks so much Natalie Rose Strayer
I'm surprised that you just mentioned and recommended Natalie Strayer, I met her at a conference in 2018 and we have been working together ever since.
The very first time we tried, we invested $2000 and after a week, we received $9500. That really helped us a lot to pay up our bills.
You trade with Natalie Strayer too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much.
Italy is amazing but 2025 will be a very busy year for tourism especially in Rome.
Go to Japan while US dollar is stronger. Visit all over Japan from Northern parts to Southern parts. Make sure you choose a Japanese airline for round trip as the services are way better!
Hey, do you still do subscriber portfolio reviews?
Asthetics on this vid were really nice, like the transitions!
You should do a video on what you would need to be retired early, let’s say 40-50. I know 401k isn’t enough and you want to “earn” less during that period to get cheap insurance. Would be good to get your recommendations.
nit picky thing but the audio of the videos and the audio of the ads are way off. the ads are soo much louder it blows my eardrums out. Great vid
Please shed some light on life insurance investing
Thank you
Pokemon cards is a specific example you mentioned. Did you start collecting by chance? It’s blowing up again in the market
Thanks for sharing XAI29B and XRP. 💯
One more: check up on your subscriptions/insurances etc. Do you still want/use them? Are there cheaper prices? etc. These are sneaky money drains.
Go to China...that is my dream spot to visit.
Let us know where you decide on your vacation! I flew business class for the first time ever this year coming from Spain and it was so worth it.
All nice and valuable info. And I like the way you presented it. Well done and thanks!
Hi Humphrey, thanks for your video and consistent content. Quick question about tax loss harvesting, does it matter if the stocks are long term or short term investments? Can they be tax harvested interchangeably or can you only use short term losses to offset short term gains and same with long term losses/gains?
To be honest, the way that I see things is that if it’s gonna take me one hour or more to try to save money how much money am I really going to save rather than working those two hours of my time. I’m already at the point where I can’t even clean my house because I lose money. I’d rather have someone clean my house. Pay them and still save money.
Very few people are making that much or hustling that much or would even be working for it not to make sense to try.
I am salary I get paid the same either way. So I’m not missing out on making anything. I think that applies to a lot of folks.
But your situation it makes sense not to bother if you actually are working and making more money than you’d save.
8th thing to do before 2024 ends: Smash Humphrey’s subscribe button 😘😁
Lets go!
The year-end market spike has me giddy. If you had $100,000 right now, which hidden gems from the impending bull run would you purchase? I want to set myself up for a successful first quarter of 2025.
It’s best if you buy growth/blue-chip/large caps stocks only. Also, as a newbie its advisable you work with an investment advisor to help set up a well-structured portfolio.
40-50% are index funds and exchange-traded funds (ETFs); 10-15% are emerging markets (like VWO); 10-20% are dividend stocks; 10-20% are growth stocks or small-cap stocks; and 5-10% are REITs.
To prevent getting burned, always start with an experienced individual in the financial market.
I find your situation fascinating. Would you be willing to suggest a trusted advisor you've worked with?
My CFA “Sophie Lynn Carrabus”, a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
Thank you 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
Cayman Islands 🇰🇾 where am from you would have a great time!
I think the market might recess soon. Would it be a bad idea to cash out my money in the market and pay off my only debt, my truck. (9,000). I have a little more than that in the market.