I admire your dedication to educating your audience. We all aim for financial stability and a better life. Achieving this is possible through wise investments, frugal living, and careful budgeting. I'm grateful that I learned the importance of working hard for financial freedom at a young age.
In my opinion, making a smart investment is not only a technique for earning passive income, but also a profitable way of saving for future expenses. People who fail to make the proper judgments early in life often come to regret it later in life. Nonetheless, investing alone can be difficult and risky. As a result, I recommend obtaining an expert’s assistance. The challenge is not just watching videos and reading investing books; it is about implementing information effectively.
I wholeheartedly concur, which is why I opt to entrust the day-to-day decision-making to an investing coach. With their specialized knowledge and extensive research, it is highly unlikely for them to underperform. Their expertise is centered around harnessing the asymmetrical potential of risks while also employing measures to safeguard against unfavorable outcomes. I have been collaborating with an investment coach for more than two years
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
I don’t know how but you’ve managed to package an unbiased analysis that is more entertaining than the sensationalized segment of economic and financial news. Thank you for your efforts to be the signal and not the noise. I understand that the economy is currently in a downturn and that we must wait for things to get better
As hard as it may sound you can plan for the recession. If you are working, find extra work and get an Invest--advisor. Protect your deposits by having enough cash in short term fixed income. Then cut your expenses. Minimal insurance, cut utilities.
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
Finding financial advisors like Margaret Johnson Arndt 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 promptly did some research on Margaret’s past. She can control herself well. Her credentials are solid, and it seems like she was the subject of a careful examination. Foreign investors from countries other than the United States can also use her services
He has always had respect for Dave he disagreed with him on credit cards and carrying debt on investment properties. He was going for clicks but never trolled him . I’ve watched him from his beginning and used to not it’s a video he put out. Also he never made money on you investing in FTX .
I’m sure he did respect Dave, I didn’t say otherwise. But putting his name on credit cards in his videos is the perfect definition of trolling. I thought it was hilarious, and I respect both of them.
But the Bible says that in the end of days, The Christ Angel that fixed the whole world, fixed the whole world. That means the spirit of philanthropy had to change. So The Christ Angel gave back by starting a business model that operates at a loss. When The Christ Angel was a kid, he would rush to get a pretzel and a water ice for .50 cent at 3:00pm. The orange water ice jeep would wait for the kids out front every day.
I want to invest $400k in profit-yielding dividend shares but am not sure which to buy into because dividend-paying stocks don't give rapid price growth and can provide a steady income stream.
Remember that investing in the stock market carries risks, and it’s important to do your own research and consult with a financial advisor before making any investment decisions.
Speaking with an advisor helped me stay afloat in the market and grow my portfolio to about 65% since January, , and in just a few months, I was able to earn over $650K in net profit from high dividend yielding stocks. you should try it if you're unsure about the market.
I started out with a financial advisor called *Sharon Louise Count* Her honest approach gives me complete ownership and control of my positions, and her rates are incredibly affordable given my ROI.
There is huge risk with US Treasuries. Saudi Arabia and other middle eastern countries are dumping US treasuries. Israel could easily get involved in a war with Iran over the Gaza situation. We could see another oil embargo from OPEC like what occurred in the Yom Kippur war in the 70's. Oil could easily shoot over $300.00 a barrel. Things could go very south in this country in a matter of days.
@@RusskiCommieBot Huge risk might be a stretch, but there is always risk. A real problem will occur if countries stop buying US debt or the dollar loses status as the world's reserve currency. The status quo is the reason the US can issue out debt at very low rates (and thus not be fiscally responsible). That changes, and the blowout spending spree comes to an end and right quick.
Hey everyone! Since i started following The Ramsey show I've been a member of this amazing society of investors for a while now, and I can't articulate how much it has transformed my life. We're not just here to earn money; we're here to uphold one another, grow collectively, and rejoice in every stride toward our financial aspirations.
I completely resonate with your experience,if you are talking about expert Mrs Bianca Faye Lindsey then yes ,working with her transformed my life also, suprised to see other people here work with her after her skills was talked about on the show i started working with her , Before, I was uncertain and made impulsive moves. With our her insights, I've learned patience and strategy. My investments are flourishing, and I'm on my way to achieving my financial goals. Let's inspire others to take control of their finances! Great show
your words echo my sentiments exactly. Yes i am talking about expert Mrs Bianca Faye Lindsey She didn't just teach me about the market; she taught me about myself as an investor. I've found my niche, and my portfolio reflects that. Together, we're not just trading; we're building futures. Here's to more informed decisions and shared successes
I am not a subscriber of this channel but this not the first time i am hearing about Mrs Bianca ,i heard her dedication to her client is remarkable and she does not only analyze market trends but also listen to the concerns of her clients ,the sad news is have no way to reach her or even get her attention heard she mostly booked.
her mentorship transformed my approach to investing. I used to chase quick wins, but now I focus on long-term strategies. The results speak for themselves - my portfolio is more stable, and I've achieved financial milestones I never thought possible,this show has been a blessing
Your story is inspiring. Expert Bianca impact goes beyond numbers; it's about personal growth. I've learned discipline, resilience, and the importance of continuous learning. Every trade is a lesson, and I've gained a wealth of knowledge along the way. Let's stay committed to evolving as investors and supporting one another. Here's to meaningful growth and lasting success!
Completely eye opening to see Graham admit he uses doom and gloom to get clicks on his videos. I noticed that maybe over the last 2 years and I stopped watching them as often.
What Dave fails to mention about the S&P this year. Almost 30% of the S&P is made up of 7 stocks. NVDA, MFST, TSLA etc. Remove those 7, and it’s actually down. 84% of corporate CEOs say a crash is imminent. What do they know? They know that they are sitting on debt at 3% today, but in the coming months it’s going to gradually double, even triple to get the same access to capital. The brakes are going to slam on in 24.
84% make the claim of a crash every year or to..... there were literally people who went all cash in 2011 because these same "experts" were calling for an even bigger crash than 2008..... I guarantee you these people have been saying a crash is coming since 2018... yes, it's a fact that a crash will happen at some point, so if they say it for long enough, they will be right.
Your statement is just blatantly wrong although the majority of the gains in the index are the magnificent 7 stocks, those stocks are also the largest components of the index. As of today YTD the S&P is up 15.4% so yes although most of the stocks are down the index is still up and having a nice year.
Agree, it hasn't moved much in months and my 401K, which is 100% in index funds, has not recovered. I think the dow was at 37K at one point. We're no where near that.
Like Graham Stefan, my wife and I were "attuned when it comes to money" We didn't have any! Fortunately, that's changed in the fifty-plus years since then. We had to work on learning to do it, though.
Refinancing is an option even if the rates don't get that low. I agree with those that stay in their homes, because the issue is with the rates being higher their buying power is significantly limited-which doubly problematic with the housing prices still being elevated.
Rates will come back to Trump era times once people wake up and realize 3 Trillion deficit spending is what caused the inflation. Thus realize voting for free stuff isn't 'free' after all. Just a little over 3 years ago mortgage rates were 2.7%, gas was $1.80, food was cheap, record stock markets and we were in no new wars. It will all come down to how much pain people can take before they turn off CNN and vote America first policies.
Graham Stephan giving financial advice? 😳 What about his advice to invest with FTX’s Sam Bankman Fried? How quickly people forget. His aggressive promotion of FTX cost many of his subscribers for his own personal gain.
Sure people probably used FTX to purchase Bitcoin, but did they leave it on the exchange? 2 things Graham always mentioned, don’t invest your money in something you don’t understand and never keep your bitcoin on an exchange. You forgot to mention that part.
so happy to see Dave publicly supporting Graham. Graham is able to reach an audience that this channel may not be able to reach. His content is very light hearted and comical. His viewers may not get the same results as Daves audience but I think Graham is encouraging the younger generation to atleast take an interest in their finances and how they spend money which ultimately may be the first baby step.
S&P way up, correct if you consider that you rode it down and it is now recovering and no where near its peak of 4800. the S&P today is where it was in May 2021, so you haven't made squat in the S&P in 2 1/2 years.
'Save as much as you can' is his best advice... Maybe if you got millions of cash already and inflation can't hurt you. Other than that; save as much as YOU need to survive 1 year without a job. Put the rest of the money to work. Start investig today.
@Achilles5937 even people with those designations and certificates don't always know the best. Just because you have the paper doesn't mean you're a "good" expert 😂 (I'm in finance too)
@@karterestill Would you rather have an operation by a doctor with the credentials, training and paper or someone whose self-proclaimed doctor? Same thing here.
@@Achilles5937 I'm not sure that's a fair comparison. I don't have a CFA, or CFP. And I'm in wealth management. Clients still look to me for certain avenues of advice. Most people don't even know what those are. I get what you're saying, but Ramsey doesn't have 1 cert. And he's giving advice to millions of people, and they listen.
@@Achilles5937you have the worst analogy comparison ever, would you rather get advice from a qualified consultant who is broke, or a self made millionaire who has no degree?
I have a sub 2% interest rate on our home. Put money down to build it in 2020, moved in Sept. 2022. I’m one of the holding on to money and investing in money market stocks/bonds for exactly the reason y’all mentioned. 5.5% for no risk.
For first-time investors, it cannot be stressed enough how important it is to invest hard-earned money in the stock market rather than a bank where interest is guaranteed! The market appears out of control, the times are unpredictable, and the banks are deteriorating. Could there be a chance for a boomer like me? I'm working on a rough estimate of $5M for retirement, and I have a healthy six figures saved up for this. I'm almost 60.
It's best to seek an advisor right now, unless you're canny yourself. As a business owner in both the service industry and eBay reseller of all product categories, I can tell you we’re in a deep recession and everyone is running out of money.
Very true, people downplay advisors role, until burnt by their mistakes. I remember just after my layoff early 2020 amidst covid outbreak, I needed to stay afloat, hence researched for license advisors. Thankfully, I came across someone of practical knowledge, and decades of experience, my stagnant reserve of $325K has yielded nearly $1m after subsequent investments so far.
My financial advisor is NICOLE DESIREE SIMON . I found her on a CNBC interview where she was featured and I reached out to her afterwards. She has long helped me with my portfolio and is exactly what you need right now.
Grahm says a LOT of stuff that goes against the ramsey way(ftx is a famous one as others have mentioned). Hypocrisy like having him on, is why I've gone from a complete ramsey follower, to picking and choosing the good from the bad.
Can someone please tell me if step 4 (invest 15% of household income into retirement) is 15% of take home pay or is this after expenses etc are taken into account. Thanks in advance!
Average home paying $8k more per year in just bills and saw a yearly net loss of -$5k. That doesn’t include trying to pay for repairs, upkeep or other necessary costs outside of groceries and utilities. But yeah everything is JUUUUST FINE folks.
In the long term it will be worth more. I took the real estate course and they talked about this. Also I had a beach house in the '80s for 10 years and it only went up $15,000. Now it's worth a quarter of a million dollars
Doom and Gloom is big money on TH-cam. So many people missed opportunities and regret their decisions because they listened to the wrong advice. Many people are thankful for not listening and buying before 2020. People should have known that people weren’t going to move when they were raising the rates.
Yup, and some of these people are still waiting for that ""huge crash"..... even if a crash happens and home prices drop by 1/2, it would go back to prices before the pandemic
@Jack-pd4ps exactly. I have had conversations with people about that. I ask them where prices think they would be after a crash. Then I'll say those were the price 6 yrs ago when everyone was also predicting a crash as well when people told me not to buy.
@Jack-pd4ps yup, if the time is right, you can afford a home and need one.... buy. Real estate goes up and down periodically, but overall, it increases over time.
I’m honestly confused as to why DR said the stock markets doing well. My ROTH IRA and diversified low risk mutual funds haven’t earned a dime since 2021. The DOW has been at 31,000 -33,000 for 3 years straight now. Same for the Nasdaq and S&P….. look at the YTD return for the DOW. I’m honestly confused.
What I find interesting - financial planning channels are one of my most watched and subscribed to TH-cam categories. The TH-cam algorithm must be pretty sharp because Graham Stephan does not get promoted into my feed. Apparently TH-cam puts a higher emphasis on his mass audience/media personality drama than his actual practical financial advice. More focused on drama than practical advice. But kudos to him and other personalities like WhistlinDiesel who have cracked the TH-cam career money model, impressive indeed. (Other than his FTX promoting fiasco.)
Graham was paid to push an exchange, not a “cryptocurrency”. Graham stated the following…. (1) Do not put money into something you do not understand. (2) Do not keep your Bitcoin on the exchange, take it off and send it to a hardware wallet you control. If you didn’t do the following then you can’t “blame” Graham for your mistakes.
@@HaveMindWillThinkImagine Bezos robbed you. Now imagine everyone laughs at you because what he stole is nothing compared to his billions and you're still upset. Ironic username.
Did Dave ever hear about the statistician who drowned while crossing a creek that only averaged 2 ft. in depth? Not everybody has 20 years before they retire, so those "historical averages" mean very little when investing in the stock market.
Have a lot more control than you think ok. I work from 8-5 mon-fri making 24$ a hour and even a side hustle painting houses still no money. Have control over your money ya right you can not even go to the grocery store and get a bag of groceries anymore for less than 100$
We use to follow the investment strategy of owning international. International stinks. They seem to do the same thing US mutual funds do at the same time. We now just have S&P 500, large cap, mid cap, small cap mutual funds. And zero debt.
I'm enthralled by this content. I had the privilege of reading something similar, and I was truly enthralled. "Mastering Money Mindfulness" by Benjamin Hawk
Every time I see graham on youtube shorts I always skip the video. I don't know why I don't like him but there's something on my intuition that says I can't trust him.
@@XxstuntkidXx I think it is self explanatory but MrChubib0 was able to determine that Graham is untrustworthy even though he didn't have to waste his time and energy watching his video shorts to figure it out. Therefore, he has a good intuition.
@@Slurpees_ but it’s not self explanatory. I see graham worked hard in real estate to make his millions by saving and living minimal before going on TH-cam and sharing his thoughts and knowledge about finance
@@XxstuntkidXx Let's just assume for a moment the narrative you have of Graham is true. What does that have to do with trusting Graham? You think that if someone is successful and/or wealthy then that makes them trust worthy?
The most dangerous thing a "regular joe" can do is listen to one of these type of guys that got their wealth with a majority of luck, and timing. Daves advice is solid, because its very simple. But when one of these dudes come on and say stuff like "international investing", and other buzz words, its usually all bs. Listening to this guy is no different than taking money advice from Lebron James, someone who has plenty of money, but has no real life skills that help the world. he just plays a childs game, and was in the right place at the right time. Good for him! but you arent going to follow his footsteps.
@@tobby12347 , True. But lets be honest here, 99% of people who would listen to him wont ever even sniff wealth. Buzz words attracts dreamers only. buyer beware is all im saying.
Hey Graham is like the rest of us Jesus freaks: Imperfect Let’s bow our heads to the lord and ask him to give us patience and grace. Grahams made mistakes so I have I, so have all of you and it’s ok. Congrats On the Engagement brother. Best wishes to Graham and his future bride. Praise Jesus!
I was gonna start buying cabins in pigeon forge pre covid paid my house off one year ago so been saving up for a doen payment after running numbers that 5.5% on my cd is better investmwn right now
I'm Dave's age but prefer Graham - who has a far sunnier disposition, doesn't proselytize, understands that some adeptly play the credit card game, understands a 60YO divorcee with kids probably needs a prenup. If I were to pick someone from my own age bracket for financial advice, it would be Clark Howard. Very humble and informative dude. But I listen to Dave, and several of his sidekicks are excellent (but I do tune out the suggestions that have ONLY religious basis).
@@georgewagner7787 Which suggest it si not the real way to get rich. Too many poor people work themselves to death!!! So luck and inheritance sound more reasonable!!!
@@XxstuntkidXx Is sounds like the right idea but I have seen it is easier said than done. Not everyone has the right combination of skill and ability to be in careers that pay well.... Nope not that simple.
If you have a positive outlook on the US economy, you are just plain ignorant. The national debt is beginning to spiral out of control. It used to take years for the government to add another trillion to the debt. Now they are doing it in a matter of months.
Graham stated that 60% of real estate is locked in below 4% mortgage rates. In such case market transaction pressure is really on 40% of real estate. It is possible 40% of home owners might be ready or show interest to sell and contribute to supply side of real estate market.. Maybe some of them even got into bankruptcy . Buyer real estate market going down as well. I assume that most of the buyers are investors and second home owners with this kind of high interest rates. I am predicting start of housing market crash by end of Jun next year..But by end of next year, we will see entire real estate market crash due to low prices as many home owners feel going under water as they don't see same home price as price when invested
I was a long time Graham Stephan subscriber but no longer. To me at the beginning it seemed like he was genuinely trying to help people but eventually it seemed like he was only interested in making videos that got him more clicks and the quality of the content suffered. I wish him well but I don't want anything to do with GS.
I felt that too. At the end of the day Graham is just a lucky guy in the right place at the right time. His advice is just invest long term like anybody would say (unless you have a couple million to buy rentals like he keeps suggesting - in that case you wouldn't be looking for advice).
@@XxstuntkidXx Lucky:.no skills, working a desk job he hated and took a chance on real estate which happened to be during a boom. Lightning strike. You tube was after he started and his viewers are a result of that. Like a professional athlete being blessed with a talent and parlaying that into big endorsement deals.
@@stevenporter863 lmao you sound so jealous. None of what you said is luck. All of that take work and dedication to do. You think a professional athletes makes the big league just off their genetics?
Because of these 2 and Jespri from minority mindset im at buying 3 homes so far in the last 2 years.. gotta goal to reach and couldn't of sone ot with out this crew. ❤
Just about anyone who bought rental homes in good locations when Obama was in charge, especially from 2011 to 2013, is now a millionaire, because those homes and rental income have doubled.
I bought my residential home and a rental 2011 and 2013. I paid both off recently. With my retirement, investments and houses I’ve surpassed the millionaire mark. Being focused, strategic and intentional paid off.
Mmmm!!! Isn’t the guy who promote like crazy the FTX scam??? Also, is he not the same guy who borrow plenty to invest in real estate?? And he’s an economic expert?? 😂😂😂
I admire your dedication to educating your audience. We all aim for financial stability and a better life. Achieving this is possible through wise investments, frugal living, and careful budgeting. I'm grateful that I learned the importance of working hard for financial freedom at a young age.
In my opinion, making a smart investment is not only a technique for earning passive income, but also a profitable way of saving for future expenses. People who fail to make the proper judgments early in life often come to regret it later in life. Nonetheless, investing alone can be difficult and risky. As a result, I recommend obtaining an expert’s assistance. The challenge is not just watching videos and reading investing books; it is about implementing information effectively.
I wholeheartedly concur, which is why I opt to entrust the day-to-day decision-making to an investing coach. With their specialized knowledge and extensive research, it is highly unlikely for them to underperform. Their expertise is centered around harnessing the asymmetrical potential of risks while also employing measures to safeguard against unfavorable outcomes. I have been collaborating with an investment coach for more than two years
Sharon Lee Peoples is the licensed advisor I use. Just search the name. You’d find necessary details to work with 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.
I don’t know how but you’ve managed to package an unbiased analysis that is more entertaining than the sensationalized segment of economic and financial news. Thank you for your efforts to be the signal and not the noise. I understand that the economy is currently in a downturn and that we must wait for things to get better
As hard as it may sound you can plan for the recession. If you are working, find extra work and get an Invest--advisor. Protect your deposits by having enough cash in short term fixed income. Then cut your expenses. Minimal insurance, cut utilities.
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
Finding financial advisors like Margaret Johnson Arndt 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 promptly did some research on Margaret’s past. She can control herself well. Her credentials are solid, and it seems like she was the subject of a careful examination. Foreign investors from countries other than the United States can also use her services
The only way I'm giving up my 2.8% mortgage is when I pay it off :D
Yes well done!
Good on ya! 😊❤
Yes!! Lol
Same. Kinda forced into this good decision because the market went insane. I can't be mad about it
👍🏼
I'm locked in a 2.6% mortgage. I want to move closer to town for work, but it's tough to want to atm. lol
Most people are fleeing towns and cities. Don’t do it.
Dude I just got a house at 7% mortgage....look at my situation and be thankful for what you have!
@@RJWaynerium All about ratios....downpayment, DTI, etc. I am still leaning towards buying but it might be more like 2 or 3 years out.
@@user-tb7rn1il3q I wont live in the city. Just about 25 mins outside in a nice suburb.
I remember when Graham used to troll Dave by putting his name on credit cards in his videos. Lol
😂
He has always had respect for Dave he disagreed with him on credit cards and carrying debt on investment properties. He was going for clicks but never trolled him . I’ve watched him from his beginning and used to not it’s a video he put out. Also he never made money on you investing in FTX .
I’m sure he did respect Dave, I didn’t say otherwise. But putting his name on credit cards in his videos is the perfect definition of trolling. I thought it was hilarious, and I respect both of them.
But the Bible says that in the end of days, The Christ Angel that fixed the whole world, fixed the whole world. That means the spirit of philanthropy had to change. So The Christ Angel gave back by starting a business model that operates at a loss. When The Christ Angel was a kid, he would rush to get a pretzel and a water ice for .50 cent at 3:00pm. The orange water ice jeep would wait for the kids out front every day.
Ya his cat is named Ramsey after all
My mortgage is 1.75%, I’m not selling.
That is such an insane rate inflation is paying for your house haha.
I want to invest $400k in profit-yielding dividend shares but am not sure which to buy into because dividend-paying stocks don't give rapid price growth and can provide a steady income stream.
Remember that investing in the stock market carries risks, and it’s important to do your own research and consult with a financial advisor before making any investment decisions.
Speaking with an advisor helped me stay afloat in the market and grow my portfolio to about 65% since January, , and in just a few months, I was able to earn over $650K in net profit from high dividend yielding stocks. you should try it if you're unsure about the market.
My partner’s been considering going the same route, could you share more info please on the advisor that guides you.
I started out with a financial advisor called *Sharon Louise Count* Her honest approach gives me complete ownership and control of my positions, and her rates are incredibly affordable given my ROI.
I Looked up her name and her website popped up immediately, interesting stuff so far, about to schedule a session with her.
His whole channel was FTX 😂 for quite a bit people forget fast the FTX logo was literally on the screen 24/7 talked about Sam frequently lol.
The best way I spend my time on TH-cam is by watching Dave and Graham's channels
Not just treasuries but money markets at over 5% with no risk
There is huge risk with US Treasuries. Saudi Arabia and other middle eastern countries are dumping US treasuries. Israel could easily get involved in a war with Iran over the Gaza situation. We could see another oil embargo from OPEC like what occurred in the Yom Kippur war in the 70's. Oil could easily shoot over $300.00 a barrel. Things could go very south in this country in a matter of days.
@@RusskiCommieBot Huge risk might be a stretch, but there is always risk. A real problem will occur if countries stop buying US debt or the dollar loses status as the world's reserve currency. The status quo is the reason the US can issue out debt at very low rates (and thus not be fiscally responsible). That changes, and the blowout spending spree comes to an end and right quick.
Hey everyone! Since i started following The Ramsey show I've been a member of this amazing society of investors for a while now, and I can't articulate how much it has transformed my life. We're not just here to earn money; we're here to uphold one another, grow collectively, and rejoice in every stride toward our financial aspirations.
I completely resonate with your experience,if you are talking about expert Mrs Bianca Faye Lindsey then yes ,working with her transformed my life also, suprised to see other people here work with her after her skills was talked about on the show i started working with her , Before, I was uncertain and made impulsive moves. With our her insights, I've learned patience and strategy. My investments are flourishing, and I'm on my way to achieving my financial goals. Let's inspire others to take control of their finances! Great show
your words echo my sentiments exactly. Yes i am talking about expert Mrs Bianca Faye Lindsey She didn't just teach me about the market; she taught me about myself as an investor. I've found my niche, and my portfolio reflects that. Together, we're not just trading; we're building futures. Here's to more informed decisions and shared successes
I am not a subscriber of this channel but this not the first time i am hearing about Mrs Bianca ,i heard her dedication to her client is remarkable and she does not only analyze market trends but also listen to the concerns of her clients ,the sad news is have no way to reach her or even get her attention heard she mostly booked.
her mentorship transformed my approach to investing. I used to chase quick wins, but now I focus on long-term strategies. The results speak for themselves - my portfolio is more stable, and I've achieved financial milestones I never thought possible,this show has been a blessing
Your story is inspiring. Expert Bianca impact goes beyond numbers; it's about personal growth. I've learned discipline, resilience, and the importance of continuous learning. Every trade is a lesson, and I've gained a wealth of knowledge along the way. Let's stay committed to evolving as investors and supporting one another. Here's to meaningful growth and lasting success!
I thought he was going to say 'buy crypto from FTX'. 😂😂
😐
Financial advice: monetize youtube ads to the fullest. Great advice!
My mortgage is 2.25%....never leaving my house
Agreed ours is 2.67%
Builders are building specs and offering rate buy downs here in AZ. Some builders have rates in mid to upper 5%
Thanks for the great content!! God bless all!!!
Completely eye opening to see Graham admit he uses doom and gloom to get clicks on his videos. I noticed that maybe over the last 2 years and I stopped watching them as often.
It’s the whole way of TH-cam
@@bryanachee7133but its sleazy. I stopped following creators that parrot the same negative crap every video.
@@jorgesalazar818the metrics prove that you won't grow as a channel. You're arguing against human nature.
I love both these personalities so fun to see these guys together
What Dave fails to mention about the S&P this year. Almost 30% of the S&P is made up of 7 stocks. NVDA, MFST, TSLA etc. Remove those 7, and it’s actually down. 84% of corporate CEOs say a crash is imminent. What do they know? They know that they are sitting on debt at 3% today, but in the coming months it’s going to gradually double, even triple to get the same access to capital. The brakes are going to slam on in 24.
Indeed, also the yield curve doesn't just invert.
84% make the claim of a crash every year or to..... there were literally people who went all cash in 2011 because these same "experts" were calling for an even bigger crash than 2008..... I guarantee you these people have been saying a crash is coming since 2018... yes, it's a fact that a crash will happen at some point, so if they say it for long enough, they will be right.
Your statement is just blatantly wrong although the majority of the gains in the index are the magnificent 7 stocks, those stocks are also the largest components of the index. As of today YTD the S&P is up 15.4% so yes although most of the stocks are down the index is still up and having a nice year.
@@coreydaley2179 that’s literally what I said. Remove the 7. Now what is it?
If so, GREAT - cant wait for this bargain sale!!!! What you fail to do is listen to Dave when he says investing is long game.
Stock market doing well?!?! I still haven’t caught up to where I was 20 months ago.
Agree, it hasn't moved much in months and my 401K, which is 100% in index funds, has not recovered. I think the dow was at 37K at one point. We're no where near that.
What stocks u have? What tickers?
VTI is up 13.4% YTD
VOO is up 14.4% YTD
What are you invested in??
Ain't seen nothing yet.
@thehomeless_trucker and what did it do last year?
In my opinion i would never do business with Direct Express.
I personally believe they suck, in my opinion.
Like Graham Stefan, my wife and I were "attuned when it comes to money" We didn't have any!
Fortunately, that's changed in the fifty-plus years since then. We had to work on learning to do it, though.
Dave keeps mentioning refinance later as if rates are likely to return to 2-3%. I’m with those who are not selling their homes at those rates.
Refinancing is an option even if the rates don't get that low. I agree with those that stay in their homes, because the issue is with the rates being higher their buying power is significantly limited-which doubly problematic with the housing prices still being elevated.
Rates will come back to Trump era times once people wake up and realize 3 Trillion deficit spending is what caused the inflation. Thus realize voting for free stuff isn't 'free' after all. Just a little over 3 years ago mortgage rates were 2.7%, gas was $1.80, food was cheap, record stock markets and we were in no new wars. It will all come down to how much pain people can take before they turn off CNN and vote America first policies.
They will one day return to those rates. Mortgage rates are a pendulum.
@@amireallythatgrumpy6508 Maybe, maybe not. But people know for SURE that their fixed rate 3% will be 3% until they pay off the mortgage or sell.
@@amireallythatgrumpy6508I doubt it. Buyers of debt are demanding more interest and Government loves to spend.
I like how Dave sliped in with you can write 3 books lol .they didn’t catch that
Graham Stephan giving financial advice? 😳 What about his advice to invest with FTX’s Sam Bankman Fried? How quickly people forget. His aggressive promotion of FTX cost many of his subscribers for his own personal gain.
Top scammer not youtubers 😂 same category as logan paul.
Sure people probably used FTX to purchase Bitcoin, but did they leave it on the exchange? 2 things Graham always mentioned, don’t invest your money in something you don’t understand and never keep your bitcoin on an exchange. You forgot to mention that part.
This is bizarre. He is the exact opposite of Dave. It's like Jesus having a podcast and inviting Satan to give advice on it.
These people were only paid to promote it. They are not owners. He had nothing to do with what happened.
@@blexaarron Doesn't matter he still make a lot of money through FTX even after all this yet you still broke have you thought why that?
so happy to see Dave publicly supporting Graham. Graham is able to reach an audience that this channel may not be able to reach. His content is very light hearted and comical. His viewers may not get the same results as Daves audience but I think Graham is encouraging the younger generation to atleast take an interest in their finances and how they spend money which ultimately may be the first baby step.
George is starting to copy his format
S&P way up, correct if you consider that you rode it down and it is now recovering and no where near its peak of 4800. the S&P today is where it was in May 2021, so you haven't made squat in the S&P in 2 1/2 years.
Financial advice from Mr T Rex arms? Hilarious. 😅😅😅
I have index funds and rentals my rentals have done 10000x better than any index I own.
Where can I find the full video
Caleb Hammer is the best
'Save as much as you can' is his best advice...
Maybe if you got millions of cash already and inflation can't hurt you. Other than that; save as much as YOU need to survive 1 year without a job. Put the rest of the money to work. Start investig today.
when he says save he means to not spend
That's the guy that makes his money out of click bait where the world is ending every other minute
Graham Stephan has no real financial qualifications like a CFP, CFA, etc. Take his so called "financial advice" with a grain of salt.
@Achilles5937 even people with those designations and certificates don't always know the best. Just because you have the paper doesn't mean you're a "good" expert 😂 (I'm in finance too)
@@karterestill Would you rather have an operation by a doctor with the credentials, training and paper or someone whose self-proclaimed doctor? Same thing here.
@@Achilles5937 I'm not sure that's a fair comparison. I don't have a CFA, or CFP. And I'm in wealth management. Clients still look to me for certain avenues of advice. Most people don't even know what those are. I get what you're saying, but Ramsey doesn't have 1 cert. And he's giving advice to millions of people, and they listen.
@@Achilles5937you have the worst analogy comparison ever, would you rather get advice from a qualified consultant who is broke, or a self made millionaire who has no degree?
I have a sub 2% interest rate on our home. Put money down to build it in 2020, moved in Sept. 2022. I’m one of the holding on to money and investing in money market stocks/bonds for exactly the reason y’all mentioned. 5.5% for no risk.
Great job bro! 👍 good moves
Great to see 2 Legends of the Finance world together! Always great to hear from them!
Yep, love to hear from successful people chat about life in a positive way.
Awesome collab
For first-time investors, it cannot be stressed enough how important it is to invest hard-earned money in the stock market rather than a bank where interest is guaranteed! The market appears out of control, the times are unpredictable, and the banks are deteriorating. Could there be a chance for a boomer like me? I'm working on a rough estimate of $5M for retirement, and I have a healthy six figures saved up for this. I'm almost 60.
It's best to seek an advisor right now, unless you're canny yourself. As a business owner in both the service industry and eBay reseller of all product categories, I can tell you we’re in a deep recession and everyone is running out of money.
Very true, people downplay advisors role, until burnt by their mistakes. I remember just after my layoff early 2020 amidst covid outbreak, I needed to stay afloat, hence researched for license advisors. Thankfully, I came across someone of practical knowledge, and decades of experience, my stagnant reserve of $325K has yielded nearly $1m after subsequent investments so far.
Please who’s this advisor that guides you?
My financial advisor is NICOLE DESIREE SIMON . I found her on a CNBC interview where she was featured and I reached out to her afterwards. She has long helped me with my portfolio and is exactly what you need right now.
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 like watching the collaborations. I hear Caleb Hammer will be on the Dave Ramsey Show.
George looks good in that color bro!
Grahm says a LOT of stuff that goes against the ramsey way(ftx is a famous one as others have mentioned). Hypocrisy like having him on, is why I've gone from a complete ramsey follower, to picking and choosing the good from the bad.
Can someone please tell me if step 4 (invest 15% of household income into retirement) is 15% of take home pay or is this after expenses etc are taken into account. Thanks in advance!
15% of gross income, i.e. before taxes are taken out
I think it's just after taxes are taken out...
If it's before taxes that would mean you would need to put away around 20% of what you live off of now?
Average home paying $8k more per year in just bills and saw a yearly net loss of -$5k. That doesn’t include trying to pay for repairs, upkeep or other necessary costs outside of groceries and utilities. But yeah everything is JUUUUST FINE folks.
In the long term it will be worth more. I took the real estate course and they talked about this. Also I had a beach house in the '80s for 10 years and it only went up $15,000. Now it's worth a quarter of a million dollars
Unfortunately I had to sell because I was sick
You are so beautiful 😍 😊
Doom and Gloom is big money on TH-cam. So many people missed opportunities and regret their decisions because they listened to the wrong advice. Many people are thankful for not listening and buying before 2020. People should have known that people weren’t going to move when they were raising the rates.
Yup, and some of these people are still waiting for that ""huge crash"..... even if a crash happens and home prices drop by 1/2, it would go back to prices before the pandemic
@@YoPhocFays Absolutely but prices would have to go even lower to match the pre-pandemic payments. A housing crash won’t bring it that low again.
@Jack-pd4ps exactly. I have had conversations with people about that. I ask them where prices think they would be after a crash.
Then I'll say those were the price 6 yrs ago when everyone was also predicting a crash as well when people told me not to buy.
@@YoPhocFays How many people will qualify for a mortgage during a crash? It’s better to buy when you’re ready then to wait.
@Jack-pd4ps yup, if the time is right, you can afford a home and need one.... buy.
Real estate goes up and down periodically, but overall, it increases over time.
My best financial advice was: RUN YOUR OWN RACE. It changed everything: how i work why i work, how long, how i invest...
My mortgagae is 2.25%. I paid 0 down and didnt buy points. Thats is my real rate. I am NEVER selling this place, even if I eventually buy a new home.
Is there a way to find the full show?
It feel like grams feet doesn't even touch the floor.
Yet he has a woman. Proof that women are after money not physical traits.
They probably don't😅. He's a fairly small dude.
Don’t trust short people.
He's 5'2
@@kathya1956 don't trust people who don't trust short people....except Graham F him
I’m locked in at 3.5% and I’m holding. I’m still going to pay-off the mortgage early.
I’m honestly confused as to why DR said the stock markets doing well. My ROTH IRA and diversified low risk mutual funds haven’t earned a dime since 2021. The DOW has been at 31,000 -33,000 for 3 years straight now. Same for the Nasdaq and S&P….. look at the YTD return for the DOW. I’m honestly confused.
What I find interesting - financial planning channels are one of my most watched and subscribed to TH-cam categories. The TH-cam algorithm must be pretty sharp because Graham Stephan does not get promoted into my feed. Apparently TH-cam puts a higher emphasis on his mass audience/media personality drama than his actual practical financial advice. More focused on drama than practical advice. But kudos to him and other personalities like WhistlinDiesel who have cracked the TH-cam career money model, impressive indeed. (Other than his FTX promoting fiasco.)
Graham is the man, he obtains ass with such a high rate of efficiency
We had 40 years of rates going from 20% to 2.5%.
Sorry, but rates are only going to go up.
Risk always wants it's payment back plus interest.
Over the next decade or two? Yes. Over the next century or two? The pendulum is going to swing wildly back and forth.
Haha Dave Ramsey reaching out to collaborate. that’s how you know the economy is in a rough spot
He's been collaborating with people for more than 30 years dude
Graham use to teach using Debt to buy more assets like Grant Cardone
Graham Stephan was promoting FTX before it collapsed. I wonder how much money he made scamming investors?
6:58
His kids will probably be the opposite: free spenders😂😂😂
Ramsey needs to ask him how much he got paid for the FTX scam
Graham was paid to push an exchange, not a “cryptocurrency”.
Graham stated the following….
(1) Do not put money into something you do not understand.
(2) Do not keep your Bitcoin on the exchange, take it off and send it to a hardware wallet you control.
If you didn’t do the following then you can’t “blame” Graham for your mistakes.
@@HaveMindWillThinkImagine Bezos robbed you. Now imagine everyone laughs at you because what he stole is nothing compared to his billions and you're still upset. Ironic username.
Pretty sure he stated it multiple times on various TH-cam videos, time to move on dude
@@HaveMindWillThink Then why take it? 😂 It’s chump change.
@@cesardejeronimo8184 Because you make money by having multiple revenue streams.
Snp is -8 percent for the past 3 months
Did Dave ever hear about the statistician who drowned while crossing a creek that only averaged 2 ft. in depth? Not everybody has 20 years before they retire, so those "historical averages" mean very little when investing in the stock market.
He looks like he is about 15 but this guy is like genius smart, sometimes not for good.
Economy don't crash, just too many ppl taking and not giving caused this,
I used to follow Graham but not anymore. A bit disappointed to see him here after the FTX scandal.
This man makes upwards of 30-50k in TH-cam revenue and he’s saying saving. Simplify that down to the average listener in debt.
Stop spending money on things you don’t need. Ex. Eating out
@@XxstuntkidXxGraham, is that you?
Have a lot more control than you think ok. I work from 8-5 mon-fri making 24$ a hour and even a side hustle painting houses still no money. Have control over your money ya right you can not even go to the grocery store and get a bag of groceries anymore for less than 100$
We are just paying bills down here. Thought you should know up there.
We use to follow the investment strategy of owning international. International stinks. They seem to do the same thing US mutual funds do at the same time. We now just have S&P 500, large cap, mid cap, small cap mutual funds. And zero debt.
Yes, advisors including Dave always suggest some small portion of International but it just doesn't ever make a dent of difference.
@@JustinCase780 international is a waste.
I'm enthralled by this content. I had the privilege of reading something similar, and I was truly enthralled. "Mastering Money Mindfulness" by Benjamin Hawk
So should I wait to buy my first house?
Every time I see graham on youtube shorts I always skip the video.
I don't know why I don't like him but there's something on my intuition that says I can't trust him.
You have a good intuition.
@@Slurpees_please explain
@@XxstuntkidXx I think it is self explanatory but MrChubib0 was able to determine that Graham is untrustworthy even though he didn't have to waste his time and energy watching his video shorts to figure it out. Therefore, he has a good intuition.
@@Slurpees_ but it’s not self explanatory. I see graham worked hard in real estate to make his millions by saving and living minimal before going on TH-cam and sharing his thoughts and knowledge about finance
@@XxstuntkidXx Let's just assume for a moment the narrative you have of Graham is true. What does that have to do with trusting Graham? You think that if someone is successful and/or wealthy then that makes them trust worthy?
5:53 Dave Ramsey screams like Caleb. Or Caleb screams like Ramsey.
The most dangerous thing a "regular joe" can do is listen to one of these type of guys that got their wealth with a majority of luck, and timing. Daves advice is solid, because its very simple. But when one of these dudes come on and say stuff like "international investing", and other buzz words, its usually all bs. Listening to this guy is no different than taking money advice from Lebron James, someone who has plenty of money, but has no real life skills that help the world. he just plays a childs game, and was in the right place at the right time. Good for him! but you arent going to follow his footsteps.
Even that was true, you could still learn from Graham how to maintain your wealth.
@@tobby12347 , True. But lets be honest here, 99% of people who would listen to him wont ever even sniff wealth. Buzz words attracts dreamers only. buyer beware is all im saying.
Agreed. I don’t think that guy adds any value to life.
@@tobby12347 which is simply don't spend more than u make...u don't need him to know that
@@tobby12347 Do NOT listen to ANYTHING Graham says. He recommended FTX and commented how great it was. Remember FTX?
Why would I pay a realtor ever?
Hey Graham is like the rest of us Jesus freaks:
Imperfect
Let’s bow our heads to the lord and ask him to give us patience and grace.
Grahams made mistakes so I have I, so have all of you and it’s ok.
Congrats On the Engagement brother. Best wishes to Graham and his future bride.
Praise Jesus!
I was gonna start buying cabins in pigeon forge pre covid paid my house off one year ago so been saving up for a doen payment after running numbers that 5.5% on my cd is better investmwn right now
"I can always refinance it later" people keep parroting this like it's law. What if rates stay high for the next 10-15 years?
S&P 500 in USD is up. In CHF, S&P 500 is flat…
Ahh Dave the stock market in the last month of September-Oct has not done well at all. The s&p is negative for the year now
Graham is the Dave Ramsey for Millennials and Gen Z. Just more logical advice who doesn’t always give a bland answer and goes into more detail.
I'm Dave's age but prefer Graham - who has a far sunnier disposition, doesn't proselytize, understands that some adeptly play the credit card game, understands a 60YO divorcee with kids probably needs a prenup. If I were to pick someone from my own age bracket for financial advice, it would be Clark Howard. Very humble and informative dude. But I listen to Dave, and several of his sidekicks are excellent (but I do tune out the suggestions that have ONLY religious basis).
“Welcome gack” -Dave Ramsey
Is Graham even in the field buying and selling right now? Or is he doing his analysis based upon news articles and data analysis?
Love it! The duo we've been waiting for
Three ways to get rich: luck, work your butt off, or inheritance. Good luck.
Almost everyone can work
@@georgewagner7787 Which suggest it si not the real way to get rich. Too many poor people work themselves to death!!! So luck and inheritance sound more reasonable!!!
Or find the right career path
@@XxstuntkidXx Is sounds like the right idea but I have seen it is easier said than done. Not everyone has the right combination of skill and ability to be in careers that pay well.... Nope not that simple.
Graham is awesome
wow!
If you have a positive outlook on the US economy, you are just plain ignorant. The national debt is beginning to spiral out of control. It used to take years for the government to add another trillion to the debt. Now they are doing it in a matter of months.
He also never encouraged people to invest more then 10% in crypto. Most of his crypto was invested in bitcoin.
Graham stated that 60% of real estate is locked in below 4% mortgage rates. In such case market transaction pressure is really on 40% of real estate. It is possible 40% of home owners might be ready or show interest to sell and contribute to supply side of real estate market.. Maybe some of them even got into bankruptcy . Buyer real estate market going down as well. I assume that most of the buyers are investors and second home owners with this kind of high interest rates. I am predicting start of housing market crash by end of Jun next year..But by end of next year, we will see entire real estate market crash due to low prices as many home owners feel going under water as they don't see same home price as price when invested
Nice to see another familiar face from a separate channel I’ve been following since 2020.
Wasn't he telling people to invest in that crypto company that went down for fraud? I wouldn't listen to this Stephan guy.
That was Meet Kevin schilling FTX.
@@DannyBrooks1 This guy did too.
This guy is just a greedy scammer
Everybody got duped by FTX. Can’t blame a guy for trying to give advice when he was being lied to himself
He said FTX was a crypto option but did say it was speculative and you could lose it all. Even Kevin O’Leary got duped by FTX
Always love hearing from Graham Stephan!
I was a long time Graham Stephan subscriber but no longer. To me at the beginning it seemed like he was genuinely trying to help people but eventually it seemed like he was only interested in making videos that got him more clicks and the quality of the content suffered. I wish him well but I don't want anything to do with GS.
I felt that too. At the end of the day Graham is just a lucky guy in the right place at the right time. His advice is just invest long term like anybody would say (unless you have a couple million to buy rentals like he keeps suggesting - in that case you wouldn't be looking for advice).
@@stevenporter863how was he lucky? He started in real estate and made his millions before TH-cam?
@@XxstuntkidXx Lucky:.no skills, working a desk job he hated and took a chance on real estate which happened to be during a boom. Lightning strike. You tube was after he started and his viewers are a result of that. Like a professional athlete being blessed with a talent and parlaying that into big endorsement deals.
@@stevenporter863 lmao you sound so jealous. None of what you said is luck. All of that take work and dedication to do. You think a professional athletes makes the big league just off their genetics?
@@XxstuntkidXx Whatever. Get a clue.
To suggest one can beat the index by picking their own stocks and ‘thinking about it a bit’ is false and reckless financial advice tbh
Why are people still listening to Graham the FTX scammer? Dave shouldn't have this guy on his show
Because it builds his audience with more clics. Pretty strange.
@@JustinCase780 Yup. Integrity isn't important at all. Short term clicks in exchange for alienating your core audience is the recipe for success.
how olde is this guy?
🔥🔥👍👍
Bro, where are you dining for $100 for two? lol
Wish I bought that house in 18 at 3.25 fixed
Lol everyone calling out the ftx thing acting like their sh¡t don't stink. What, y'all are just perfect being who have done no wrong?
Because of these 2 and Jespri from minority mindset im at buying 3 homes so far in the last 2 years.. gotta goal to reach and couldn't of sone ot with out this crew. ❤
Nice!!
By the way, his name is Jaspreet.
Just about anyone who bought rental homes in good locations when Obama was in charge, especially from 2011 to 2013, is now a millionaire, because those homes and rental income have doubled.
My home doubled but i only paid 67 so...
I haven't raised the rent bc people in the area don't have it
I bought my residential home and a rental 2011 and 2013. I paid both off recently. With my retirement, investments and houses I’ve surpassed the millionaire mark. Being focused, strategic and intentional paid off.
Our dollar is weaker, the houses didn’t double, our dollar buys less.
Mmmm!!! Isn’t the guy who promote like crazy the FTX scam??? Also, is he not the same guy who borrow plenty to invest in real estate??
And he’s an economic expert?? 😂😂😂
He never owned the company.
@@jimmymcgill6778still…. He made a bunch of money sponsoring FTX and never apologize!! How funny!!