Risk management should always come first, the reason many traders lose money is not simply due to inexperience or a lack of knowledge of the market, but because of poor risk management
Right, but then proper risk management doesn't guarantee profitable trading. If you want to acquire better trading results emphasize more on trading when liquidity is present. Nevertheless you need to be able to analyze good market entries and exit
@@VictoriaLisa959Identifying good market entries and exit has been a very troubling for me. What does it take to analyze good market entries and exit like you mentioned???
Substantially it takes assistance from an expert to perceive good market entries, demand and supply zone. I don't even worry about market entries and exit since I trade with trading Expert. he runs the risk management and research while I get good earnings through his strategies
@maryshea9781 lookup KRISTIN GAIL CUNNINGHAM, this is her name online, she's the real investment prodigy since the crash and has helped me recover my loses
I initially did the lump sum buy, 125k into SCHD, 75k TSLA, 25k VYM, 25K VUG. Now I'm dca buying roughly 2k every week of whatever is on sale, and looking to add more tech positions to my portfolio. I'm looking to hold long term 15 - 20 years, so hopefully my lump sum buy in doesn't bite me in the ass long term.
In the past month, my "unexciting" index funds provided me with over $6,000 in dividends, giving me the option to spend without selling shares. Currently, I've opted to reinvest the dividends to acquire additional index funds for future growth.
I was self-managing my portfolio but suffered heavy losses in 2022 and i knew i couldn't continue like that, so i consulted a fiduciary advisor. By restructuring and diversifying my $1.2M portfolio with dividend-paying stocks, ETFs, Mutual funds and REITs, I significantly boosted my portfolio, achieving an annualized gain of 28%.
Interesting. I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies
The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading.
Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again
I really want to get in with a financial advisor this year, especially as all markets are hitting highs. I don't want to be too optimistic and end up losing everything.
Rebecca Nassar Dunne has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.
Great video, I've been interested in investing ever since I came across articles of people making up to $150,000 and more in this period, thanks for the video but is it really possible for a retail investor to achieve this in months?
I've purchased numerous stocks in individual firms. Because there are so many stocks that will skyrocket in the long run, it is currently safe to buy in on ETF and ride it out. Due to fud, I sold out early, but then retraced my ways and re-invested $350,000 with a financial advisor who manages my account. I received an 82% return last year and will see where it goes this year.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
“Sonya Lee Mitchell” 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..
Wow. You know her too? I lost a lot of money as a beginner until I saw Mrs Hailey Gassmann on CNBC. She's been managing my portfolio with good returns and I appreciate her sincerity and genuine services
Hailey has been managing my investment. All I do is sit at home and make withdrawals every week without any knowledge of trading. She does everything by herself
This is a big part of the 401k problem. Our nation by large prioritizes private retirements and shuns public pensions. Yet we don't teach the nuances of personal finance.
Despite my diligent efforts to save money, contribute to early retirement, and achieve financial independence, the economy has ruined most of my assets since the epidemic. In these volatile times, I want to know if I should keep adding to my portfolio or if I should explore other sectors.
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 .
That's right. That's the reason I currently work with one. I don't mean to offend, but many people minimize the importance of advisers until they are emotionally exhausted. Some years ago, during the COVID-19 pandemic, I needed a little help to keep afloat. I looked for counsel and was fortunate to find one with fortitude. My cash reserve has increased from $350,000 to around $1 million as of right now.
"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.
Interesting video I'm in my 50s and I'm more interested in investments that could set me up for retirement , I mean I've heard of people that netted hundreds of thousands during these crash, I listened to someone on a podcast who earned over $650K in less than a year, what's the strategy behind such returns?
You're not doing anything wrong, you just don't have the required skillset to profit off a down market, folks that are making profit in this market are pros and experts with in-depth knowledge and skillset.
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.
I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me, Rebecca Nassar Dunne turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.
Remember that investing always carries some level of risk, and there are no guarantees of making a profit. It's crucial to approach investing with a well-thought-out strategy, an understanding of the associated risks, and a long-term perspective. Additionally, past performance is not indicative of future results, so historical stock price movements may not accurately predict future performance.
Diversification involves spreading your investments across different asset classes (stocks, bonds, real estate) to reduce risk. Choose a mix of stocks from various sectors and industries to minimize the impact of poor performance in any single area.
I am unsure about my investment decisions, i have considered consulting with a financial advisor i see various on here can i get a better option thanks
Battle Overconfidence bias, it occurs when individuals believe their abilities or knowledge are greater than they actually are. This can lead to excessive trading, taking on too much risk, and neglecting thorough research. Suzan Kay Mack handles all the hardwork for me, you can look her up and write.
The only way to do well reliably is to go slow and steady. You can multiply your money x10 in 40 years (which amounts to x4 of its value or so - due to inflation, but it's still crazy good).
Just discovered your channel with this video -- I was able to think about my situation and I'm curious to know best how people split their pay, how much of it goes into savings, spendings and investments, I earn around $90,000 per year but nothing to show for it yet.
Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.
@@Higuannn 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
Actually its a Lady by the name Alicia Estela Cabouli. Found her on a Tv interview sometime ago on cnbc. You can take a look at her work for yourself on her web page.
@@Higuannn Actually its a Lady by the name Alicia Estela Cabouli. Found her on a Tv interview sometime ago on cnbc. You can take a look at her work for yourself on her web page.
Kudos to this young man for thinking about and starting the process. He is in such an amazing position to be young, have some decent savings to get started with, and most importantly the foresight to ask questions which shows a desire to learn and take action.
I believe when it comes to investment, diversification is key. That is why I have my interests set on key sectors based on performance and projected growth. They range from the EV sector, renewable energy, Tech and Health
just amazing, monitoring my portfolo performance which has grown exponentially to a million, now I understand why experienced experts make enormous returns from the ever unstable mar kets.
As an enthusiastic advocate of investment, I frequently marvel how successful high-level investors make millions of dollars. I have more than $545K in equity from a house sale, but I'm not sure what to do with it. Should I wait for another opportunity or buy stocks now?
Keep your focus on two primary goals. To start, protect yourself by understanding when to sell stocks to minimise losses and optimise gains. Second, prepare to profit from shifts in the market. I suggest seeking counsel from a financial consultant or other expert.
Some individuals minimize the importance of counsel until they make regrettable mistakes. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
"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.
I am an active duty service member and I have been investing for a few years. I have reached a point where I could benefit from financial advice to improve my $160k portfolio which seems to be stagnant and maximize return on my investment.
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.
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.
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.
I'm impressed with the recommended advisor's prompt response and expertise. Their clarity and professionalism instilled confidence from the start. Excited to explore opportunities together!
Military members should listen to Dave! The military service gives you a baseline to live, but learning about money management is lacking amongst our service members 😮💨
I'm paying right now for wasting so much money over the years and even borrowing from my 401. I've made plenty of money where I should easily be retired even right now. I'm 58 and still will be able to retire in two years but it should have been so much easier. I got the advice when I was young but just didn't follow it. Smh
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.
I’m a contractor, and my job doesn’t permit me the time to properly analyze my holdings/evaluate stocks myself, so I’ve had a fiduciary actively restructuring my portfolio for the past 7 years now to match the present market condition and that’s how I’ve been able to stay afloat, knowing when to buy and sell…maybe you should do the same.
Purchasing stocks may appear simple, but selecting the proper stock without a tried-and-true strategy may be challenging. I have been trying to increase my $310,000 portfolio for a long time, but the biggest barrier is that I don't have a clear entrance and exit plan. Any advice on this matter would be greatly valued.
The methods are challenging for the average person. They are typically carried out successfully by experts with a high level of ability and expertise in such trades.
Some individuals minimize the importance of counsel until they make regrettable mistakes. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
'Laurelyn Gross Pohlmeier' 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.
Many years ago a mentor said if y’all don’t retire from the military millionaires, I failed you to get this point across. We are on track to be millionaires before my hubby retires from the military.
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Brooke Grace Miller.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
Very informative video! A bit off-topic: I have the OKX Wallet with USDT, and I have the seed phrase. (job priority warm lab border boil monkey manage palace fiber weird ask). How can I move it to Binance?
As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?
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
@@twiWright25 ETF fees are significantly lower than mutual fund fees (.03 for example vs 2.0%), also there is typically no fee to buy them from the broker, and lastly ETF’s are easier - ie. more nimble, in terms of trading... u can’t just get in and out of mutual funds nearly as easily. My opinion, I’m not a financial planner. Do your research on fees prior to entering any trades.
@Scott Salyer I think Dave gives good advice, it's just not always the best advice. As a young man with cash you have to be more aggressive with your investing. Take some risks like operate a business and create cash flow. But I understand Dave is mostly speaking to people in serious debt and lack of a financial mindset.
Super helpful video! Quick question unrelated to the content: I have the OKX Wallet with USDT, and I have the seed phrase. (job priority warm lab border boil monkey manage palace fiber weird ask). How do I move it to Binance?
This man is doing it well, but you can't be too "scared" with your money. In his case perhaps deployment is in the way, but generally as a young guy with cash you should be making some business investments. You've got to hustle when your young.
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
@EthanCarter-n2y 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.
@@pipbeale current rank and time in service I was making 2400 a month after tax… married I make 1,984 plus another 400 for food allowance… both of those are non taxable allowances. Just just for being married I went from 2400 a month to 4,700.
@@jocelynswan4339 Lack of patience/discipline are the biggest mistakes. If you win by luck instead of strategy take the profits and get out of there until you learn why you are winning or losing. Always take breaks when you lose like I'm losing on Amc today 2/23/21 but I'll take a some time off before deciding a long-term hold or sell immediately.
@@jocelynswan4339 Chased the fund with the highest return. This was the late 90's leading into the dot com bust. Lost over 60%. Had too much going into retirement and didn't have an emergency fund. Didn't know about having a balanced portfolio. On top of my inexperience in investing I was inexperienced in life and trusted people who were not trustworthy and that lead to getting myself in a financial bind. I ended up having to cash out my retirement and went into debt. Had to start all over. I've had to learn most things the hard way like that.
Two reasons I suppose. One, mutual funds seem to be more well known & he has affiliate investor pros which probably pay him some $ to be advertised on his website. Second, Dave isn’t a licensed financial planner so to give specifics on funds to buy could be seen as financial advice, so he could get sued for practicing without a license. Just my thoughts.
@@tcgtpl it doesn’t matter your allowed to say invest in a Etf that tracks the SP500, simple. DAVE is being paid to promote it because the expense ratios on those mutual funds are high & can cost people hundreds of thousands in the future
Investing terms is like Latin to me. Don't understand anything. I've read but then I have to Google the terms and then I just get frustrated. Why didn't this get taught in schools? Parallelograms and Shakespeare Really helped so much 🥴🤔🧐
@@tomkenny8635 That's a good way to hedge your bets since you aren't sure what your marginal tax rate will be in retirement. Generally though, if your current bracket is below 20%, you are safe putting it all in Roth.
If you open an account with Vanguard or Fidelity or ETrade, etc., they all make it easy to buy stocks. You can open a regular account, a Traditional IRA, a Roth IRA and some other types of accounts. Once the account exists you connect it to one or more banks accounts so you can transfer money in and out. You select the stock you want to buy, how many shares you want, and whether you want the order to happen immediately, at the end of the day, when the stock hits a certain price, etc. With Fidelity and Vanguard, you can also buy into their mutual funds and index funds. You can buy shares in ETFs with all of them. ETFs are like mutual funds but trade like stocks. (When you buy into a mutual fund, you buy at the end of the day at the final price.)
I hear you. I used to think I was rock bottom while combatting student loans, but then I learned so many others crashed through that rock bottom and through the floor of that rock bottom and are still fighting their way out.
No one knows , not Dave, not the pros, not your buddy. Just buy the VT fund and introduce bonds in 20 years. (I don’t know either) but we buy everything.
Don't get all your advice from one person. There are tons of finance education videos right here on TH-cam and they all have their own opinions. Some are common, some are not. Do your own research, make your own conclusions, and invest in whatever will help you towards your specific goals.
Do not listen to Dave when it comes to investing. He is good when it comes to budgeting and paying off debt, but misses the boat completely on this topic. Get a brokerage account and research the income method of investing. You will be glad you did.
@@jackpeterson2307he thinks he does, but he likely makes below average returns. Whatever, 90% of the gains are just from saving and investing in something
I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time .This comment serves as motivation for all those who have invested and continue to invest in cryptocurrencies with so many losses, do not give up, cryptocurrencies can change your life. Do your best to connect with the right people and you will surely see changes.
I'm new to cryptocurrency and don't understand how it really works. how Can someone know the right approach to investing and making good profits from cryptocurrency investments?
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Alex Gomez. A widely known crypto consultant
I started working with Alex Gomez back in June, and my financial goals have never been clearer. It’s like having a strategic partner for my money with a solid track record.
ETFs are stock versions of mutual funds. They behave a little differently than a mutual fund, but are essentially the same. When you give money to Schwab or Vanguard to buy into a mutual fund, you buy that fund at the end of the market day at the closing price. You can buy and sell an ETF through the day, via a brokerage account. I have VFAIX in a Vanguard IRA I started 20 years ago, and I own shares of VOO in a Roth IRA with my brokerage account. Essentially the same thing, just on is a mutual fund and the other is an ETF.
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 with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
@MercyLisa-qi1rl However, if you do not have access to a professional like JUDITH ANN PEACE, 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
Dave and his team will never recommend EFT's or index funds to you because they won't get their kickback from their fee-crazy funds they recommend to you.
Dave, he can invest in the TSP, thrift savings plan, I believe it’s been available for active military since the 1990s. Start there...the have ROTH TSPs.
The year is almost over and i am very glad about the decisions I have made so far. Investing in the market earlier this year regardless of the market conditions has saved my life. I made over 70k USD with a start of 25k in the last 7 months. The key is minimizing loss!
@@Haddlly I didn’t need any prior investing experience as my registered investment advisor, Levi Clemans takes all the guess work out. Leaving his info on here may be a little crass, but since you asked...
Tell him to put his money into TSP 5% traditional to get match 10% roth all TSP and pick the C, S, & I FUNDS in TSP C is growth large cap and S is value. I is international
The best way to learn how to invest is to start young. A Teenager’s Guide on how to Invest Like Warren Buffett and Charlie Munger is a good investing boon for teens.
Hit 70k today. I'm really grateful for all the knowledge and nuggets you had thrown my way over the last months. Started crypto trading with 5k in July 2023
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Rodriguez Powell. A widely known bitcoin, crypto consultant
Say goodbye to debt forever. Start Ramsey+ for free: bit.ly/35ufR1q
You guys really need to take care of the account that is in the comments impersonating you.
Risk management should always come first, the reason many traders lose money is not simply due to inexperience or a lack of knowledge of the market, but because of poor risk management
Right, but then proper risk management doesn't guarantee profitable trading. If you want to acquire better trading results emphasize more on trading when liquidity is present. Nevertheless you need to be able to analyze good market entries and exit
Losses are necessary, as long as they are associated with a technique to help you learn from them
@@VictoriaLisa959Identifying good market entries and exit has been a very troubling for me. What does it take to analyze good market entries and exit like you mentioned???
Substantially it takes assistance from an expert to perceive good market entries, demand and supply zone. I don't even worry about market entries and exit since I trade with trading Expert. he runs the risk management and research while I get good earnings through his strategies
Risk management is one of the most, if not the most, principal component to always look out for
*Every family has a person who breaks the chain of poverty. I hope you will be that person!!*
❤ thank you!
Amen
Working on it
I am that person. I grew up poor and knew I wanted more for my life. Baby step 6 here. ❤️
Im all alone with nothing :/
Been watching, listening, and paying attention to all of predictions and forecasts since early Covid. He hasn't disappointed yet 👌
@maryshea9781 lookup KRISTIN GAIL CUNNINGHAM, this is her name online, she's the real investment prodigy since the crash and has helped me recover my loses
@maryshea9781 Investment now will be wise but the truth is investing on your own will be high risk. I think it will be best to get a professional👌
@maryshea9781 I heard she always has a way of linking someone's investment into something new and profitable
I initially did the lump sum buy, 125k into SCHD, 75k TSLA, 25k VYM, 25K VUG. Now I'm dca buying roughly 2k every week of whatever is on sale, and looking to add more tech positions to my portfolio. I'm looking to hold long term 15 - 20 years, so hopefully my lump sum buy in doesn't bite me in the ass long term.
In the past month, my "unexciting" index funds provided me with over $6,000 in dividends, giving me the option to spend without selling shares. Currently, I've opted to reinvest the dividends to acquire additional index funds for future growth.
I was self-managing my portfolio but suffered heavy losses in 2022 and i knew i couldn't continue like that, so i consulted a fiduciary advisor. By restructuring and diversifying my $1.2M portfolio with dividend-paying stocks, ETFs, Mutual funds and REITs, I significantly boosted my portfolio, achieving an annualized gain of 28%.
Interesting. I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Her name is “Sonya lee Mitchell”. I can't divulge much. Most likely, the internet should have her basic info, you can research if you like
It won’t if you leave it as is for 10 years at minimum
The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies
The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading.
Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again
I really want to get in with a financial advisor this year, especially as all markets are hitting highs. I don't want to be too optimistic and end up losing everything.
Rebecca Nassar Dunne has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.
I searched for her name on the internet, found her page, and reached out via email to schedule a conversation. Thank you.
Great video, I've been interested in investing ever since I came across articles of people making up to $150,000 and more in this period, thanks for the video but is it really possible for a retail investor to achieve this in months?
I've purchased numerous stocks in individual firms. Because there are so many stocks that will skyrocket in the long run, it is currently safe to buy in on ETF and ride it out. Due to fud, I sold out early, but then retraced my ways and re-invested $350,000 with a financial advisor who manages my account. I received an 82% return last year and will see where it goes this year.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
Impressive can you share more info?
“Sonya Lee Mitchell” 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..
Thank you for the recommendation. I'll send her an email, and I hope I'm able to reach her.
I'm grateful to Andrew for calling in. I don't understand it either. No idea about the jargon
I'm thinking of getting into investing but feel a bit lost and confused. Any friendly advice or contacts you recommend for guidance?
It's a wise idea to seek expert advice when you're setting up an investment portfolio because it can be a bit complicated.
Getting advice & guidance from financial experts like Hailey Gassmann to adjust your investment is a wise move.
Wow. You know her too? I lost a lot of money as a beginner until I saw Mrs Hailey Gassmann on CNBC. She's been managing my portfolio with good returns and I appreciate her sincerity and genuine services
So you guys also familiar with her? Whoa! She is amazing and the reason my spouse and I possess our own home and car
Hailey has been managing my investment. All I do is sit at home and make withdrawals every week without any knowledge of trading. She does everything by herself
This is a big part of the 401k problem. Our nation by large prioritizes private retirements and shuns public pensions. Yet we don't teach the nuances of personal finance.
Despite my diligent efforts to save money, contribute to early retirement, and achieve financial independence, the economy has ruined most of my assets since the epidemic. In these volatile times, I want to know if I should keep adding to my portfolio or if I should explore other sectors.
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 .
That's right. That's the reason I currently work with one. I don't mean to offend, but many people minimize the importance of advisers until they are emotionally exhausted. Some years ago, during the COVID-19 pandemic, I needed a little help to keep afloat. I looked for counsel and was fortunate to find one with fortitude. My cash reserve has increased from $350,000 to around $1 million as of right now.
That makes perfect sense because you seem to know the market better than we do. Who is the coach?
"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.
Thanks for sharing, I just looked her up and I would say she really has an impressive background in lnvesting. I have sent out a message.
Interesting video I'm in my 50s and I'm more interested in investments that could set me up for retirement , I mean I've heard of people that netted hundreds of thousands during these crash, I listened to someone on a podcast who earned over $650K in less than a year, what's the strategy behind such returns?
You're not doing anything wrong, you just don't have the required skillset to profit off a down market, folks that are making profit in this market are pros and experts with in-depth knowledge and skillset.
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.
Would you mind telling me how to contact this specific coach using their service? You seem to have the solution, as opposed to the rest of us.
I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me, Rebecca Nassar Dunne turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.
I just curiously searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you
Remember that investing always carries some level of risk, and there are no guarantees of making a profit. It's crucial to approach investing with a well-thought-out strategy, an understanding of the associated risks, and a long-term perspective. Additionally, past performance is not indicative of future results, so historical stock price movements may not accurately predict future performance.
Diversification involves spreading your investments across different asset classes (stocks, bonds, real estate) to reduce risk.
Choose a mix of stocks from various sectors and industries to minimize the impact of poor performance in any single area.
I am unsure about my investment decisions, i have considered consulting with a financial advisor i see various on here can i get a better option thanks
Battle Overconfidence bias, it occurs when individuals believe their abilities or knowledge are greater than they actually are. This can lead to excessive trading, taking on too much risk, and neglecting thorough research. Suzan Kay Mack handles all the hardwork for me, you can look her up and write.
Thanks for sharing! i will definitely do that.
The only way to do well reliably is to go slow and steady. You can multiply your money x10 in 40 years (which amounts to x4 of its value or so - due to inflation, but it's still crazy good).
Just discovered your channel with this video -- I was able to think about my situation and I'm curious to know best how people split their pay, how much of it goes into savings, spendings and investments, I earn around $90,000 per year but nothing to show for it yet.
Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.
@@Higuannn 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
@@Jaymilnere Please will you be kind enough to share the details of the man that helped you?
Actually its a Lady by the name Alicia Estela Cabouli. Found her on a Tv interview sometime ago on cnbc. You can take a look at her work for yourself on her web page.
@@Higuannn Actually its a Lady by the name Alicia Estela Cabouli. Found her on a Tv interview sometime ago on cnbc. You can take a look at her work for yourself on her web page.
You absolutely must understand what you are investing in BEFORE you invest in it. If you don't you could make some serious mistakes.
@The Ramsey Show - Highlights Be warned everyone, the account account that posted this is a fake ramsey show clone.
Kudos to this young man for thinking about and starting the process. He is in such an amazing position to be young, have some decent savings to get started with, and most importantly the foresight to ask questions which shows a desire to learn and take action.
I believe when it comes to investment, diversification is key. That is why I have my interests set on key sectors based on performance and projected growth. They range from the EV sector, renewable energy, Tech and Health
just amazing, monitoring my portfolo performance which has grown exponentially to a million, now I understand why experienced experts make enormous returns from the ever unstable mar kets.
Exactly kirstie, the trick is to diversify your investment, don’t panic when everyone else is and in vest consistently
@Ramon Fred No I don't, I learnt my lesson the hard way
@Ramon Fred With a professional that has got accurate and reliable strategies, backed with proficient making resources that ensure my gains every week
Who??
What a wealth of information for young investors, this is more value than what is taught in high school to most kids!
As an enthusiastic advocate of investment, I frequently marvel how successful high-level investors make millions of dollars. I have more than $545K in equity from a house sale, but I'm not sure what to do with it. Should I wait for another opportunity or buy stocks now?
Keep your focus on two primary goals. To start, protect yourself by understanding when to sell stocks to minimise losses and optimise gains. Second, prepare to profit from shifts in the market. I suggest seeking counsel from a financial consultant or other expert.
Some individuals minimize the importance of counsel until they make regrettable mistakes. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
You appear to know the market better than we do, which makes perfect sense. Who's the coach?
"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.
I am an active duty service member and I have been investing for a few years. I have reached a point where I could benefit from financial advice to improve my $160k portfolio which seems to be stagnant and maximize return on my investment.
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.
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.
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.
*Jennifer Leigh Hickman* is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
I'm impressed with the recommended advisor's prompt response and expertise. Their clarity and professionalism instilled confidence from the start. Excited to explore opportunities together!
Military members should listen to Dave! The military service gives you a baseline to live, but learning about money management is lacking amongst our service members 😮💨
I'm paying right now for wasting so much money over the years and even borrowing from my 401. I've made plenty of money where I should easily be retired even right now. I'm 58 and still will be able to retire in two years but it should have been so much easier. I got the advice when I was young but just didn't follow it. Smh
I'm 26 now I pray I make it to 58. Even now I feel I'm starting late
I'm 36 and just recently started. Wish I would have known what you knew when I was 18.
@@kimberlyturner820 same here 34, got into vti and some top tech companies
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.
Just try to diversify your portfolio to other market sectors, that way your investment is balanced and you don’t get to make so much losses.
I’m a contractor, and my job doesn’t permit me the time to properly analyze my holdings/evaluate stocks myself, so I’ve had a fiduciary actively restructuring my portfolio for the past 7 years now to match the present market condition and that’s how I’ve been able to stay afloat, knowing when to buy and sell…maybe you should do the same.
Could you kindly elaborate on the advisor's background and qualifications?
The advisor that guides me is Sonya lee Mitchell, most likely the internet is where to find her basic info, just search her name, She's established.
Diversify and if your close to retirement ~5 years transition to dividends or bond funds.
Purchasing stocks may appear simple, but selecting the proper stock without a tried-and-true strategy may be challenging. I have been trying to increase my $310,000 portfolio for a long time, but the biggest barrier is that I don't have a clear entrance and exit plan. Any advice on this matter would be greatly valued.
The methods are challenging for the average person. They are typically carried out successfully by experts with a high level of ability and expertise in such trades.
Some individuals minimize the importance of counsel until they make regrettable mistakes. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
That makes perfect sense because you seem to know the market better than we do. Who is the mentor?
'Laurelyn Gross Pohlmeier' 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.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
Thank you😊 for this video, do you offer account management or have any recommendations?
I don't usually do reviews but Earning three times of my monthly salary from miss Wilson is
overwhelming
Many years ago a mentor said if y’all don’t retire from the military millionaires, I failed you to get this point across. We are on track to be millionaires before my hubby retires from the military.
@The Ramsey Show - Highlights Be warned everyone, the account account that posted this is a fake ramsey show clone.
He off to a great start. If he does his 20 years in the military he will have a good pension and enough savings and a great resume.
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Brooke Grace Miller.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.
I'm surprised that you just mentioned and recommended Brooke Miller, I met her at a conference in 2018 and we have been working together ever since.
I'm new at this, please how can I reach her?
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
Very informative video! A bit off-topic: I have the OKX Wallet with USDT, and I have the seed phrase. (job priority warm lab border boil monkey manage palace fiber weird ask). How can I move it to Binance?
As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?
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
As always; ETFs > mutual funds
I agree, fewer fees.
It's not enough to just make a statement, without the why. Make your case about the fees.
@The Ramsey Show - Highlights Be warned everyone, the account account that posted this is a fake ramsey show clone.
@@twiWright25 ETF fees are significantly lower than mutual fund fees (.03 for example vs 2.0%), also there is typically no fee to buy them from the broker, and lastly ETF’s are easier - ie. more nimble, in terms of trading... u can’t just get in and out of mutual funds nearly as easily. My opinion, I’m not a financial planner. Do your research on fees prior to entering any trades.
@@janeychejake I know that's why I made the comment.
Can anyone recommend any investment pro’s in Australia. Specifically Perth Western Australia?
You came to the right place! You’re in good hands with Dave’s great advice!
No he is not
@@perotal why are you trolling here if you don’t like Dave or his advice? Just curious
@Scott Salyer I think Dave gives good advice, it's just not always the best advice. As a young man with cash you have to be more aggressive with your investing. Take some risks like operate a business and create cash flow. But I understand Dave is mostly speaking to people in serious debt and lack of a financial mindset.
his portfolio and investing advice is rock bottom awful
Super helpful video! Quick question unrelated to the content: I have the OKX Wallet with USDT, and I have the seed phrase. (job priority warm lab border boil monkey manage palace fiber weird ask). How do I move it to Binance?
This man is doing it well, but you can't be too "scared" with your money. In his case perhaps deployment is in the way, but generally as a young guy with cash you should be making some business investments. You've got to hustle when your young.
I see you are afraid of investing
Military should use the TSP. Put all you can into the G fund or the Income fund.
yes, great advice
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
@EthanCarter-n2y 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.
@@LilyClark-g3q Oh I would love that. thank you .
@EthanCarter-n2y Suzanne Gladys Xander is her name .
Lookup with her name on the webpage.
Kudos to him for not jumping into a marriage at 21 like most military ppl do. Weird to see that.
Significant pay boost is why lol although most of those marriages fail
@@Andrade_USA People get more pay than another doing the same job cause they may be married?
@@pipbeale your base pay is same but your bah (an allowance given) is higher because you now have dependents
@The Ramsey Show - Highlights Be warned everyone, the account account that posted this is a fake ramsey show clone.
@@pipbeale current rank and time in service I was making 2400 a month after tax… married I make 1,984 plus another 400 for food allowance… both of those are non taxable allowances. Just just for being married I went from 2400 a month to 4,700.
I started investing at age 26 and learned the hard way. It's good to get those mistakes out of the way when you are young.
What were some of your mistakes?
@@jocelynswan4339 Lack of patience/discipline are the biggest mistakes. If you win by luck instead of strategy take the profits and get out of there until you learn why you are winning or losing.
Always take breaks when you lose like I'm losing on Amc today 2/23/21 but I'll take a some time off before deciding a long-term hold or sell immediately.
@@jocelynswan4339 Chased the fund with the highest return. This was the late 90's leading into the dot com bust. Lost over 60%. Had too much going into retirement and didn't have an emergency fund. Didn't know about having a balanced portfolio. On top of my inexperience in investing I was inexperienced in life and trusted people who were not trustworthy and that lead to getting myself in a financial bind. I ended up having to cash out my retirement and went into debt. Had to start all over. I've had to learn most things the hard way like that.
So true. You are fortunate
@The Ramsey Show - Highlights Be warned everyone, the account account that posted this is a fake ramsey show clone.
Hey Dave, hows the lawsuit going?
“Better than I deserve”
What should I invest in? GameStop lol
NIO TO THE MOON
@@Jonathanusername you mean how it recently went from like $68 to $35.... no thanks. Actually invest, not gamble.
Lol
Why is Dave recommending mutual funds to a new guy? Just tell him to buy the SP 500 every month & hes good
Right, most money managers cant beat the S&P500 and the fees in an index fund are usually minimal
Dave is an intellectual coward when it comes to passive vs active management. Agree 100% buy the Sp 500 Etf with the lowest fee
Two reasons I suppose. One, mutual funds seem to be more well known & he has affiliate investor pros which probably pay him some $ to be advertised on his website. Second, Dave isn’t a licensed financial planner so to give specifics on funds to buy could be seen as financial advice, so he could get sued for practicing without a license. Just my thoughts.
@@tcgtpl it doesn’t matter your allowed to say invest in a Etf that tracks the SP500, simple. DAVE is being paid to promote it because the expense ratios on those mutual funds are high & can cost people hundreds of thousands in the future
Dave makes money by steering folks to his investor pros
Investing terms is like Latin to me. Don't understand anything. I've read but then I have to Google the terms and then I just get frustrated. Why didn't this get taught in schools? Parallelograms and Shakespeare Really helped so much 🥴🤔🧐
It isn’t taught in schools because they do not want you to become rich
How do I call the show ?
Mr Ramsey, you are a great teacher. I try to read up the terms but they are sooooooo confusing. The whole thing is so complex
I have my 401k in half pre tax and the other half Roth. Is that ok?
@@tomkenny8635 depends on everyone's situation, but Roth means more in your hands at the end, but less in your hands now.
@@tomkenny8635 That's a good way to hedge your bets since you aren't sure what your marginal tax rate will be in retirement. Generally though, if your current bracket is below 20%, you are safe putting it all in Roth.
@The Ramsey Show - Highlights Be warned everyone, the account account that posted this is a fake ramsey show clone.
@@dheezknutz You replied to the bot instead of Jim
How do u invest in stocks I’m so confused is there like an app?
If you open an account with Vanguard or Fidelity or ETrade, etc., they all make it easy to buy stocks. You can open a regular account, a Traditional IRA, a Roth IRA and some other types of accounts.
Once the account exists you connect it to one or more banks accounts so you can transfer money in and out. You select the stock you want to buy, how many shares you want, and whether you want the order to happen immediately, at the end of the day, when the stock hits a certain price, etc.
With Fidelity and Vanguard, you can also buy into their mutual funds and index funds.
You can buy shares in ETFs with all of them. ETFs are like mutual funds but trade like stocks. (When you buy into a mutual fund, you buy at the end of the day at the final price.)
Very upset about auto cad desk and saying us violations in 🇺🇸 what come for if denial exit us after what said education important
I'm addicted to this show
I hear you. I used to think I was rock bottom while combatting student loans, but then I learned so many others crashed through that rock bottom and through the floor of that rock bottom and are still fighting their way out.
You’re addicted to this show in particular or finance/money talk in general?
@@LoveMyAbeshaWomen the show. Everything the finance. It just give me a peace of mind
Me too! Can't stop watching and forwarding it to my husband.
Same here, Wisdom on how to manage your finances.
I invest in the mob. They’re always killing it.
No one knows , not Dave, not the pros, not your buddy. Just buy the VT fund and introduce bonds in 20 years. (I don’t know either) but we buy everything.
Great plug for the smartvestor pros.
Don't get all your advice from one person. There are tons of finance education videos right here on TH-cam and they all have their own opinions. Some are common, some are not. Do your own research, make your own conclusions, and invest in whatever will help you towards your specific goals.
@The Ramsey Show Highlights Be warned everyone, the account account that posted this is a fake ramsey show clone.
Do not listen to Dave when it comes to investing. He is good when it comes to budgeting and paying off debt, but misses the boat completely on this topic. Get a brokerage account and research the income method of investing. You will be glad you did.
Why do U think he misses the boat
You mean learn about what your investing in? That is exactly what Dave said to do...
He bets on winning horses and makes over 12% on his accounts. I think his process is fine.
@@jackpeterson2307 index funds are superior most of the time.
@@jackpeterson2307he thinks he does, but he likely makes below average returns. Whatever, 90% of the gains are just from saving and investing in something
I invest in 30% S&P 500 index, 30% in mid/small cap, 20% in eq all cap blend, and 20% in foregn stock.
international is worthless
@@Markjacobs4477 it provides a little stability during the down times of domestic stock. Maybe not as much growth, but more consistent.
@Markjacobs4477 You would just be paying to mitigate risk no?
@@seraph...4473 correct. It's just for diversification. It's not required but I like to diversify and not have all my eggs in one basket
I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time .This comment serves as motivation for all those who have invested and continue to invest in cryptocurrencies with so many losses, do not give up, cryptocurrencies can change your life. Do your best to connect with the right people and you will surely see changes.
I'm new to cryptocurrency and don't understand how it really works. how Can someone know the right approach to investing and making good profits from cryptocurrency investments?
As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Alex Gomez. A widely known crypto consultant
I'm surprised that this name is being mentioned here, I stumbled upon one of his clients testimonies on CNBC news last week...
I started working with Alex Gomez back in June, and my financial goals have never been clearer. It’s like having a strategic partner for my money with a solid track record.
So how is that different than ETFs? Is one better than the other?
ETFs are stock versions of mutual funds. They behave a little differently than a mutual fund, but are essentially the same. When you give money to Schwab or Vanguard to buy into a mutual fund, you buy that fund at the end of the market day at the closing price. You can buy and sell an ETF through the day, via a brokerage account. I have VFAIX in a Vanguard IRA I started 20 years ago, and I own shares of VOO in a Roth IRA with my brokerage account. Essentially the same thing, just on is a mutual fund and the other is an ETF.
The best idea about money is; make it, invest most of it and manage whatever that remains expecting huge returns in nearest future.
Investment is the best!
You're right. So far, investment has been
confirmed to be a sure means in gaining
financial stability
@@andersonemmy1935update
I'm in the same boat. I opened a Sofi account, and don't know what I am doing.
Check out the money guy show. They cover a lot of “big picture” ideas about investing.
What mutual fund tickers dave?
Just buy an ETF or mutual fund that mimics the S&P500, like VOO or QQQ
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 with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
@MercyLisa-qi1rl However, if you do not have access to a professional like JUDITH ANN PEACE, 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
@MercyLisa-qi1rl Judith Ann peace is her name
Lookup with her name on the webpage.
@MercyLisa-qi1rl You are welcome
Things are getting worse, it's so bad that having a job doesn't mean financial security
Military IS job security, especially enlisted. If you are starving while in the military, thats due to your own negligence.
@The Ramsey Show - Highlights Be warned everyone, the account account that posted this is a fake ramsey show clone.
Being a investor is hard but you have to start somewhere
401k and index funds.
@The Ramsey Show Highlights Be warned everyone, the account account that posted this is a fake ramsey show clone.
*Think financial independence look up Donald Nathan Scott.*
OMG Anthony! Lol
Can you do video comparing these growth stock mutual funds vs good ETF's ?
Dave and his team will never recommend EFT's or index funds to you because they won't get their kickback from their fee-crazy funds they recommend to you.
@@baristalife-kk why’s that
Kevin O'leary only recommends ETF's. He says mutual funds are old fashioned. The thing of the past.
@@philburt781 I tend to lean towards ETFs anymore as well. Seems the ones I look at will have slightly lower expense ratios.
My smartvester recommended me penny stocks...terrible decision
Dave, he can invest in the TSP, thrift savings plan, I believe it’s been available for active military since the 1990s. Start there...the have ROTH TSPs.
@The Ramsey Show - Highlights fake
Dave and cronies don't make any money that way....
I was active military 92-96, we didn’t have TSP…….wish we did
The faang and index funds will be a good starting point
Makes millions
Use Dave for advice on saving and debt. Use Ben Felix for investment knowledge.
What are the 4 categories?
growth and income, growth, aggressive growth, and international.
Thank you for the education
The year is almost over and i am very glad about the decisions I have made so far. Investing in the market earlier this year regardless of the market conditions has saved my life. I made over 70k USD with a start of 25k in the last 7 months. The key is minimizing loss!
Hi Mr. Ramsey & Team,
Is it possible to have the intro sound back again please?
No!
Perhaps some light piano intro...
Great channel Ramsey keep grinding love what you do 🔥🚀
@The Ramsey Show - Highlights Be warned everyone, the account account that posted this is a fake ramsey show clone.
Don't do it bro!!!
Andrew reppin' the 805! waddup homie!
He should be investing in the Thrift Savings Plan (TSP)! Much lower fee than civilian funds
Considering the military matches up to 5% (I think) of contributions, I don't know why he wouldn't. That's free money right there.
Professional guidance brings about remunerative results. Excellent job Cleman, you exceeded my expectations. Thank you.
It’s no secret that when it comes to investing profitably, Cleman is indeed the right man for the job.
How can I achieve a good ROI and also build my portfolio? Please I’m interested.
@@Haddlly I didn’t need any prior investing experience as my registered investment advisor, Levi Clemans takes all the guess work out. Leaving his info on here may be a little crass, but since you asked...
Jesus is the way truth life
Can't go wrong with VTSAX and VIGAX.
VOO is fairly good too
FXAIX and FNCMX with Fidelity
I’m a 100 percent VTSAX guy
Tell him to put his money into TSP 5% traditional to get match 10% roth all TSP and pick the C, S, & I FUNDS in TSP C is growth large cap and S is value. I is international
The best way to learn how to invest is to start young. A Teenager’s Guide on how to Invest Like Warren Buffett and Charlie Munger is a good investing boon for teens.
Thank you for sharing your platform with a person that is black 🙏🏿
investment requires good experience and knowledge to carry out a good and successful trade, I have lost a lot trying to trade all by myself..
Smartvestor pros are slaves to commission just as a borrower is slave to lenders.
Dear lord please help me I don’t nothing either I’m broke.😢
Why?
Anthony!
4:48
Yolo on GME !!
No more, too high, too risky
Gme is dipping
Virtual Financial Institutions.
Building fund equal
70% in VOO and 30% in SMH
But growth underperforms value!
@The Ramsey Show Highlights go away scammer
Totally a B.s for beginners
Probably investing in GME and AMC stocks 🤣🤣🤣🤣
Hey Oxnard! He must be based out of Port Hueneme. Very cool.
@@ScottGibson178 Ooh that makes sense. 😊
Is there any way to talk to one of there smart vestors???
Go on their website, they have a page where you can enter basic info about yourself and then a professional they recommend will reach out to you
Beware the scammer here impersonating The Ramsey Show.
Hit 70k today. I'm really grateful for all the knowledge and nuggets you had thrown my way over the last months. Started crypto trading with 5k in July 2023
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Rodriguez Powell. A widely known bitcoin, crypto consultant
He's mostly on Telegrams, using the user..
@ProRodriguez2 THAT IS HIS USER
Just go all-in on $AMC
"great OLD United States of America" that's funny to hear by anyone outside merca ;)
Three fund portfolio call it a day.