Rachel could you make a video on setting up an ABLE account or give more info specific to investing for people (adult children) on SS disability (who may outlive their parents)?
Invest judiciously, keep a stop loss figure. Shuffle between debt and equity wherever the ratio goes too off your target. As for the target, I recommend a Ratio like this Debt % should be equal to your age in years. If you are 20, debt is 20%, reset in equity. If the market falls or rises drastically, your debt % will change, which you should rebalance to 20% and bring back equity to 80%. Thus you would have bought low or booked profit depending on if it was a crash or a bull run.
I think the safest strategy is to diversify investments. Like spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
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.
I will like to ask, How did you achieve it? I been trying to stick with index funds. I feel this new interest rates hikes could crash this economy. I'm looking out for a better investing strategy, I have a lump sum that inflation is steady eating up.
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 ‘’Marisa Michelle Litwinsky’’ for about two years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Excellent share, just inputted Marisa Michelle Litwinsky on the internet, 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.
Notwithstanding the terrible current tax rates and the roaring inflation, it's easier to accumulate wealth today than it used to be. Boomers just didn't have the tools early on that are available today. 401(k)s weren't introduced until 1978. Traditional IRAs didn't start until 1974, and Roth IRAs didn't come along until 1997. And of course, online brokerage services, with their deeply discounted fees didn't get rolling until the mid 1990s. Before that you had to pay stiff trading fees to a broker to do any stock trades. Take advantage of all this while you're young, everybody.
Rachel could you make a video on setting up an ABLE account or give more info specific to investing for people (adult children) on SS disability (who may outlive their parents)?
Invest judiciously, keep a stop loss figure. Shuffle between debt and equity wherever the ratio goes too off your target. As for the target, I recommend a Ratio like this Debt % should be equal to your age in years. If you are 20, debt is 20%, reset in equity. If the market falls or rises drastically, your debt % will change, which you should rebalance to 20% and bring back equity to 80%. Thus you would have bought low or booked profit depending on if it was a crash or a bull run.
I think the safest strategy is to diversify investments. Like spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
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.
I will like to ask, How did you achieve it? I been trying to stick with index funds. I feel this new interest rates hikes could crash this economy. I'm looking out for a better investing strategy, I have a lump sum that inflation is steady eating up.
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 ‘’Marisa Michelle Litwinsky’’ for about two years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Excellent share, just inputted Marisa Michelle Litwinsky on the internet, 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.
How do we research what company to invest with? What do we have to look for? What are some good questions to ask?
Any thing to avoid??
Happy belated birthday to your father, Mr. Dave Ramsey! 🥰
Just start listening to this beautiful lady. The first two things she said, I already had it in my mind?
Can you do a video for older teens/young adults who don’t have any bills
my question is where do I put that $100 in????
15% gross or net?
When there’s a dip they are on sale!
Yes exactly that's not when you sell the $7 burger you got last when, that's when--YOU BUY SOME BURGER FOR $5!
Last week I meant to say.
I worked for an employer that did 3% match in a 401K. Only problem was the 3% didn't take effect until I contributed 5% of my paycheck
Great example, but visual would have made it more impactful. :😀
When I was single I was the saving king. Married two kids on one income. Save nowadays 👍
Notwithstanding the terrible current tax rates and the roaring inflation, it's easier to accumulate wealth today than it used to be. Boomers just didn't have the tools early on that are available today. 401(k)s weren't introduced until 1978. Traditional IRAs didn't start until 1974, and Roth IRAs didn't come along until 1997. And of course, online brokerage services, with their deeply discounted fees didn't get rolling until the mid 1990s. Before that you had to pay stiff trading fees to a broker to do any stock trades. Take advantage of all this while you're young, everybody.
The camera angle was annoying. She's reading a script hung near the ceiling
You are so beautiful!
First 🎉