Hey everyone! I'm going to start responding to the comments in a bit but just wanted to share the link to Amanda Holden's Invested Development course if you were interested: amandaholden.podia.com/a/zh8ec
Love this!! With my 401k/Roth/HSA/brokerage accounts I personally only invest in index funds that track the total stock market, the S&P500, an international fund, and large and small cap companies. I make sure that the index funds I invest in have very low expense ratios so my growth isn't hindered by fees :) good luck on your investing journey!!
@@putDIZONyourface invest into your 401k up until your company's match (usually 4-6%) because that's instant 100% return on your investment, and the rest put it in a ROTH IRA for the tax advantages. roth ira though have income limits and you can only invest up to $6000/year. The benefit of a roth ira is that you invest post-tax income which will therefore grow tax free and once you hit 59.5 years old you can take out the money tax free. this is a great benefit because taxes will only go up in the future, and as you invest and make more money, you will be in a higher tax bracket, so investing in a roth ira will help you save as much money possible. UNLESS your company 401k is actually a roth 401k.
THIS WAS THE MOST HELPFUL VIDEO YOU’VE EVER MADE (for me). My husband and I bought a home a year ago, and we’re now at a point where we don’t know what to do with “extra” money now. Thank you!!
Congratulations, Aja! I'm so excited for you. It's scary at first, but the more you learn, the more confident you'll become. I've been investing for 16 years now and have built up a seven-figure portfolio. Feel free to reach out if you have any questions. I love seeing other women invest. It's so important, especially since women are more likely to outlive men, so we need to learn to accumulate and preserve wealth ourselves.
Congratulations! Really appreciated you expressing the sentiment of lack of excitement, I feel the same way! I’ve been investing for years but really started ramping it up recently, and need to resist the urge to check obsessively or tinker, or wishing next payday will come so I can invest some more! The latter is probably the scariest because it’s easy to forget to enjoy the journey as well as the destination (actually a similar topic to your interview on the Financial Confessions podcast, was psyched to see you pop up there!)
So glad you decided to film this despite there being no 'instant result'. I have always been so curious to SEE what it really looks like! Thanks Aja :)
In the first few days or even weeks when you start investing, you’ll want to keep checking it, but after a while you stop thinking about it. Congratulations on getting started!
Lol, I just keep laughing at the part where u said I don't know where to take this video. It's so true with investing! Ok, done commenting now lol lol 😆 😂
Me too just started investing. I got laid off in Oct 2020 and can't get a job since then. Finished my emergency fund :( Kinda stuck and I'm 30. All my siblings are thriving. Anyway, I'm hopeless but watching your videos encourage me to do something. Love from Indonesia 💓
Yes totally agree about having an emergency fund first-most, then get rid of high interest debt (7%+). Then jump in! I invest even while owing on my mortgage. My mortgage interest rate is sooo low and I’ve been making about 10-15x that amount in my brokerage account. 🙌🏻🙏🏻
i started investing during the pandemic so there were so many highs and lows constantly. omg i had my schwab account open ALL DAY LONG and i refresh every 10 minutes hahah now i forget about it and just check every couple days mainly because i have a checking account with them too haha
Aja, thank u for this video. That's really all it is, click to invest and then twiddle ur thumbs for forever! Lol But, have you looked into self-directed IRAs, so you can grow it faster? It'll give u the opportunity to use ur retirement money to invest in other things that is not in the market or portfolios. For example, my husband and I used our IRAs to invest into hard money loans, interest is significant and investment is secured. The interest we receive per month from doing self directed vs leaving in the portfolios is significant. Maybe something else for u to look into on your investing journey
The first time I invested it was so scary for me but also exciting. I have to admit I checked the app about 100k times a day but I have tapered that down to 1x a month or so. I also started off with ETFs and have started incorporating individual stocks as I've felt more comfortable.
@@crystalmariegee4268 about 6 years, not very long. It hasn't always been consistent, circumstances changed in the past couple years but I have seen growth, which helps me not check every hour 😅
Just have to keep adding to your portfolio, think of it as a high yield savings account that grows 7-10% (on average) a year, and sit back and watch the portfolio compound over the next 30 years+ of your life. It goes up and down all year long, you'll drive yourself crazy if you watch it everyday. Set it and forget it.
I was really nervous and confused but now 2 years later I feel silly for thinking that lol investing is extremely easy and has many levels I recommend it to everyone!
So glad you have started investing! Personally I have been investing even while paying off debt because time in the market is so important. I invest in low cost index funds through my Roth IRA.
Def remember when I first invested online a few months ago. Tbh I was terrified and it took some teeth pulling and joint research from my bf to actually pull the trigger and I'm so glad I did. I decided to go with a more conservative stock for my own mental health and even that has been slowly creeping upward. I do always have to keep in mind that the market goes up and down but over the long-term I think it'll be a great tool to help build wealth. 🙌🏽
So exciting!! I want to learn how to invest too. Can you share how to find a good financial advisor? What’s a good amount to start investing? Pls tell us allll :) Btw also super excited for your new chapter as engaged and wedding planning. Such good content. Subscribed!! 🌟
I would suggest maybe covering the different types of funds in a future video. Also, do you have any SOFI alternatives? I do not want to give the DeVos family any more money.
first of all big congratulations to you for stepping into a new chapter of your life that leads you to financial freedom! even within ETF you can build different strtatgies - trade-off, balanced, and agressive investment portfolios. Which of these ones are you about to pursue according to your long-term strategy?
Love this! Everyone needs to dip their toe in! There’s risk in everything - including keeping all your money in savings (especially with inflation being so high lately). MUCH easier/quicker to invest your way to millionaire status than to save your way there!
I’m not investing because I’m poor. But in college I did have a acorns account for a while and it was interesting but I wasn’t actively adding too much to it.
Gotta get away from that Dave Ramsey baby step BS. Just look at the real estate and stock market performance during 2018-2021. So many missed opportunities by following his dated one size fits all advice.
i bought my first stock when I was 18. It was probably starbucks. Investing is really fun because it's like your deploying your army of dollars to reproduce lol
@@a33m3a well i first dropped 15k into gme then sold it at 130k, then put it all in again. its currently sitting at 100k. still great profit for me! all in 6 months.
Nice video though everyone loves the luxury lifestyle.... But why is no one here talking about Bitcoin... Now's the best time to buy the dip and it's an opportunity that will grant you all the luxury you crave for ☺️
Hey everyone! I'm going to start responding to the comments in a bit but just wanted to share the link to Amanda Holden's Invested Development course if you were interested: amandaholden.podia.com/a/zh8ec
Love this!! With my 401k/Roth/HSA/brokerage accounts I personally only invest in index funds that track the total stock market, the S&P500, an international fund, and large and small cap companies. I make sure that the index funds I invest in have very low expense ratios so my growth isn't hindered by fees :) good luck on your investing journey!!
Dang so much info. Hopefully i can get to that point of knowing all that you said. I put in to 401k thats about it
honestly, the fact that I understood everything you just said makes me really proud of myself lol
@@putDIZONyourface invest into your 401k up until your company's match (usually 4-6%) because that's instant 100% return on your investment, and the rest put it in a ROTH IRA for the tax advantages. roth ira though have income limits and you can only invest up to $6000/year. The benefit of a roth ira is that you invest post-tax income which will therefore grow tax free and once you hit 59.5 years old you can take out the money tax free. this is a great benefit because taxes will only go up in the future, and as you invest and make more money, you will be in a higher tax bracket, so investing in a roth ira will help you save as much money possible. UNLESS your company 401k is actually a roth 401k.
THIS WAS THE MOST HELPFUL VIDEO YOU’VE EVER MADE (for me). My husband and I bought a home a year ago, and we’re now at a point where we don’t know what to do with “extra” money now. Thank you!!
great problem to have!! i hope you continue growing wealth!!!
Congratulations, Aja! I'm so excited for you. It's scary at first, but the more you learn, the more confident you'll become. I've been investing for 16 years now and have built up a seven-figure portfolio. Feel free to reach out if you have any questions. I love seeing other women invest. It's so important, especially since women are more likely to outlive men, so we need to learn to accumulate and preserve wealth ourselves.
Congratulations! Really appreciated you expressing the sentiment of lack of excitement, I feel the same way! I’ve been investing for years but really started ramping it up recently, and need to resist the urge to check obsessively or tinker, or wishing next payday will come so I can invest some more! The latter is probably the scariest because it’s easy to forget to enjoy the journey as well as the destination (actually a similar topic to your interview on the Financial Confessions podcast, was psyched to see you pop up there!)
So glad you decided to film this despite there being no 'instant result'. I have always been so curious to SEE what it really looks like! Thanks Aja :)
In the first few days or even weeks when you start investing, you’ll want to keep checking it, but after a while you stop thinking about it. Congratulations on getting started!
Lol, I just keep laughing at the part where u said I don't know where to take this video. It's so true with investing! Ok, done commenting now lol lol 😆 😂
like actually though HAHA. I thought it would be a whole to-do, but it's not.
Great video!!! I really enjoyed the book “the simple path to wealth” as well. Buying and holding index funds is the way to go! 🙌🏼
I clicked on this because I love seeing women making content on investing. Go you!
Me too! We need more women investors.
You've come so far Aja! Keep it going girl. You are on an amazing financial path. Many success to your business too!
I love ❤️ how the dogs seems so bored listening to your investing.
They’re so adorable 🥰
Me too just started investing. I got laid off in Oct 2020 and can't get a job since then. Finished my emergency fund :( Kinda stuck and I'm 30. All my siblings are thriving. Anyway, I'm hopeless but watching your videos encourage me to do something. Love from Indonesia 💓
yes to investing!!! I only got started with it but I'm so so excited to learn more
Yes totally agree about having an emergency fund first-most, then get rid of high interest debt (7%+). Then jump in! I invest even while owing on my mortgage. My mortgage interest rate is sooo low and I’ve been making about 10-15x that amount in my brokerage account. 🙌🏻🙏🏻
When I first invested I checked constantly. I don't do that no more 😂😂😆
did that give you anxiety?
@@AjaDang yes girl 😂😆. Now I let it grow. Check once in a while
i started investing during the pandemic so there were so many highs and lows constantly. omg i had my schwab account open ALL DAY LONG and i refresh every 10 minutes hahah now i forget about it and just check every couple days mainly because i have a checking account with them too haha
@@a33m3a ok don't stress yourself out
Aja, thank u for this video. That's really all it is, click to invest and then twiddle ur thumbs for forever! Lol
But, have you looked into self-directed IRAs, so you can grow it faster? It'll give u the opportunity to use ur retirement money to invest in other things that is not in the market or portfolios. For example, my husband and I used our IRAs to invest into hard money loans, interest is significant and investment is secured. The interest we receive per month from doing self directed vs leaving in the portfolios is significant. Maybe something else for u to look into on your investing journey
The first time I invested it was so scary for me but also exciting. I have to admit I checked the app about 100k times a day but I have tapered that down to 1x a month or so. I also started off with ETFs and have started incorporating individual stocks as I've felt more comfortable.
How long have you been doing investment in stocks?
@@crystalmariegee4268 about 6 years, not very long. It hasn't always been consistent, circumstances changed in the past couple years but I have seen growth, which helps me not check every hour 😅
Yes, put money into your investment accounts each month and don't touch them for DECADES. It's not complicated. Great video!
Just have to keep adding to your portfolio, think of it as a high yield savings account that grows 7-10% (on average) a year, and sit back and watch the portfolio compound over the next 30 years+ of your life. It goes up and down all year long, you'll drive yourself crazy if you watch it everyday. Set it and forget it.
I was really nervous and confused but now 2 years later I feel silly for thinking that lol investing is extremely easy and has many levels
I recommend it to everyone!
Aja I am so proud you have finally made the investment video. You’re lit girl ☺️
Wow I literally just started getting into investing, subscribed to you, then bam you’re investing too! Cheering!
So glad you have started investing! Personally I have been investing even while paying off debt because time in the market is so important. I invest in low cost index funds through my Roth IRA.
Def remember when I first invested online a few months ago. Tbh I was terrified and it took some teeth pulling and joint research from my bf to actually pull the trigger and I'm so glad I did. I decided to go with a more conservative stock for my own mental health and even that has been slowly creeping upward. I do always have to keep in mind that the market goes up and down but over the long-term I think it'll be a great tool to help build wealth. 🙌🏽
I'm about to take a course with Dumpster Doggy/TFD on investing in October! So excited!
it's so good!
So exciting!! I want to learn how to invest too.
Can you share how to find a good financial advisor?
What’s a good amount to start investing? Pls tell us allll :) Btw also super excited for your new chapter as engaged and wedding planning. Such good content. Subscribed!! 🌟
excited for this journey!!
I would suggest maybe covering the different types of funds in a future video.
Also, do you have any SOFI alternatives? I do not want to give the DeVos family any more money.
people love Vanguard as well.
first of all big congratulations to you for stepping into a new chapter of your life that leads you to financial freedom! even within ETF you can build different strtatgies - trade-off, balanced, and agressive investment portfolios. Which of these ones are you about to pursue according to your long-term strategy?
out of all the literature I've read about investing, no one has mentioned these strategies so I'm not sure.
Yes! So excited for this!
Been waiting for this!
Love this! Everyone needs to dip their toe in! There’s risk in everything - including keeping all your money in savings (especially with inflation being so high lately). MUCH easier/quicker to invest your way to millionaire status than to save your way there!
Hi Aja, nice video. Thanks. Just wanna ask for beginners, should we buy ETF funds or index like SP500 or QQQ? To be on a safe side
🥳 congratulations
I'm still scared of investing 😆. How do you get over the anxiety y'all???!
wow, is it really your first time? crazy!
Sort of reminds me when I bought my first stock last year in 2020.
I’m not investing because I’m poor.
But in college I did have a acorns account for a while
and it was interesting but I wasn’t actively adding too much to it.
14:50 eye makeup tutorial ?
oh girl, you know I can't do that - that was a make up artist lol
you go girl!
F•o•r g•u•i•d•a•n•c•e o•n e•a•r•n•i•n•g. I•n•v•e•s•t•m•e•n•t•s w=h=a=t=s=a=p=p
Expert Arielle Thompson
+1~•2~•1~•3~•4~•7~•8~•5~•6~•5~•4
Tell everybody about dollar-cost averaging. Super important!
This is basically the most important thing about investing. Especially for someone just starting out, and with the frothy market we are currently in.
💫
Yass. Now we just need crypto aja dang. soon...
No crypto for me thank you
omg you are so cute in this video!!!
I have no freaking clue how to invest. I have the usual it’s and 401k through my employment and they do all that. Wish I knew more
F•o•r g•u•i•d•a•n•c•e o•n e•a•r•n•i•n•g. I•n•v•e•s•t•m•e•n•t•s w=h=a=t=s=a=p=p
Expert Arielle Thompson
+1~•2~•1~•3~•4~•7~•8~•5~•6~•5~•4
DRIP 💧 is key! Don’t spend the dividends, reinvest! ☺️
Gotta get away from that Dave Ramsey baby step BS. Just look at the real estate and stock market performance during 2018-2021. So many missed opportunities by following his dated one size fits all advice.
F•o•r g•u•i•d•a•n•c•e o•n e•a•r•n•i•n•g. I•n•v•e•s•t•m•e•n•t•s w=h=a=t=s=a=p=p
Expert Arielle Thompson
+1~•2~•1~•3~•4~•7~•8~•5~•6~•5~•4
i bought my first stock when I was 18. It was probably starbucks. Investing is really fun because it's like your deploying your army of dollars to reproduce lol
i dropped 130k into gamestop.
130k cents? 😹
@@a33m3a well i first dropped 15k into gme then sold it at 130k, then put it all in again. its currently sitting at 100k. still great profit for me! all in 6 months.
@@Ninjustin06 that's great! congratulations for a fantastic return!
Love this video Aja but the echo is a bit distracting 😔
F•o•r g•u•i•d•a•n•c•e o•n e•a•r•n•i•n•g. I•n•v•e•s•t•m•e•n•t•s w=h=a=t=s=a=p=p
Expert Arielle Thompson
+1~•2~•1~•3~•4~•7~•8~•5~•6~•5~•4
Nice video though everyone loves the luxury lifestyle.... But why is no one here talking about Bitcoin... Now's the best time to buy the dip and it's an opportunity that will grant you all the luxury you crave for ☺️
Crypto is the new gold❤️❤️
I wanted to trade crypto but got confused by the fluctuations in price. I don't know how you all
make these huge ROI in Bitcoin
He has really Made a good name for himself
I got sir Willie info, how good is he ?
@@jamesbull4682
Expert Logan Willie has been managing my trade for months and I keep making profits every week, I made $9,130 last week
Losing all ur investments? 😂😂😂😂
Please work on your up speak. It's very distracting to listen to.